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To pl~c~ and continuously kcep on the bui!d~nyi now a hereatte~ sitwte on iaid land ar+d on all equip,knt and personally covered by thi~ mort~ •g~, with all prem~um~ thereon pa~d in full, fire insuianc~ in ths usu~l s~a~d+rd policy form, in a sum appored by tM MOR(GAGEE, and windstwm +niwanc~ i~ +M usual s~andard pol~cy io~m, i~ • ium approved by ~M MORTGAGEE. in s~ch company w companies a fM MORTGAGEE may d'usct; and all fir~ end wlnds~orm ini~ronc~ polK~ei on eny of iaid bui~d~nyi, sny int~r~it tMrei~ w p~r1 tMreof, in tM p~reqa~e ~um aloresaid w fn ~acess Ihereo~, ihatl conlai~ ~hs usual irandard mat9sQe~ clause w such olher claus~ ~i 1hs Mortp~yN may ~puire, makinp th~ loss w+de~ sa~d polF cie~, each ~nd ewry, payabl~ ro said MORiGAGEE its inures~ may appear, and each and every tuch policy shalt be p~omptty ~~s.gned and detive~ed to ~ny held by said MORTGAGEE as fu.~ha security ~o said mortga9~ debt, ~nd, oot less than ten (10) days in advanc~ of the ~apiration of each policy, to da livsr 1o said MORTGAGEE • rereewal thereof, logethtr with a racaipt fw the p?~mium of s~ch renewa~; u+d ther~ shsll ba ra f'u~ w wi~dstorm inwranc~ plac~d on any of said buildings, any intersst therain or psrt the~aof, unless in ths (wm ~nd with tF» loss payabte as afw~ssid; a~d in the evenl any sum i oi mon~y becor,ies payable v~de~ wch policy p polK;es uid MORTGAGEE ihall Mw the option ro receive and apply tha aame on +ccounl of tM indeb~ed- ~ neu xcured he~eby a lo permit said MORiGAGORS to receive and us~ if w any part thereof fw other purposes, without thareb~ waivi~q or unpai~- inq any eq~ity. Gen a r~gh~ undcv or by virtus oi tAii mortga~e; ~nd in the event w~d MORTGAGOQS shall for any reason fail to keep tha s+~d piemiies so ~ insured, or fail to deliver promptly sny of uid polKies o! insurance to sa~d MORTGAGEE, a fail promptly to pay fully any premium therefw o~ in any respect fail to perfart~, d~scharge, execute, eftec~, complete, comply wi~h snd abid~ by this mvenant, a any psr~ hereof, said MORIGAGEE m+y place and pay Fw :uch iresurance o~ any par~ thereof wirhou~ w+ivinp w ~ffectinD any op~ion, lien, equity, or rigM ~nder o~ by virlue of thii Mortgape, and the full amount of each and every such payme~t sha~l be immcdiately dw and p~y~ble ~nd sMll besr interest from the dat~ ~hcreof uotil paid at tM ran ol n~ne pN tlntum pe~ annum and together with such inrerest shsN be secured by tM lien of 1hls mortpsge. ' To permit, cemmit or sulfer ~o waite, impairment or deterioration of said property p any paA thereof. S. To pay sll and singulu the costi, ch~rges +~d expenses, including a reasa?sble attorney i fee and wsts of abstracfs of title, incur.ed w paid at any time by said MORTGAGEE, because or in the event of the failure on the patt of the said MORTGAGOR to duly, p~omplly snd f~Uy perfwm, d~uhargs. executa, etiect, compte~e, compty with and ab~de by each and every the s~ipulstioras, sgreements, ca+d~tions, and oovenants of said p~omissory ~ote and thit mortg~ge any w eithe?, end sa~d costa, charges and expenses, each and every, shall be immediately due and psysble; whether a not thae be ~otice do- mand, ~ttempt to coI1M or suit p~nding; a~d the full smount of eath and every svch payment thal! bea~ interest from the date thereof until paid ~t the ra~e of nine per centum per annum; and all said costs, charges and expenses iocurred w paid, together with iuch interest, shall be secured by the lien of this mortya9e, _ 6. That (a) i~ the event of any breach of this Mortgsge or defautt on tM part of the MORTGAGOR, or (b) irt tl~e evenf ~ny of sald sums of moaey herein referred to be not piomptly and fully paid within thi~ty (30) days next after the same severally become due snd p~yable, without demand w noY~ce, ~ or in the eve~t each and every the stipulations, a9reements, conditions ar+d covenants of sa~d promissory note and this mortgaye any o~ either are nof iuly, promptly and fully per(wmed. d~scharged. executed. efletted. completed, complied with and abided by, then in e7ther w sny such event the said ag ( gregste sum rtKntioned in said promissory note then remaining unpaid, with iNerest accrued, and atl moneys secured heieby, shall become due snd pay- t able fwthwith, or thereaiter, at the option of said MORTGAGEE, as futly and comptetely as if all of the said sums of money wcre originally tGpulated ro be paid on such day, anything in sa~d promissory oote or in this Mo:fgage to the contrary notwithstanding; and thereupon or thereafter at the op~~on of said MORTGAGEE, without notice or demand, auil at Iaw or in equity, therelore or thereafter begvn, may be prosecuted as if sll moneys secured hereby nad matured pnw fo its ins~iwtion. 7. ?haf in the event that at rF~e beginning of w st any tirne pe~dirg any suit upon this 1Nortgage, or to fo~eclose it, or to reform it, or to enfores payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jvrisd~ctwn thereof fo~ the appoimment of a Receiva, such Coun shall forthwith appoinf a receiver of said mortgaged property a!1 snd singula~, includ~ng all and s;nyular the income, profits, iuues and revenues from whatever source derived, each and every of v~hich, it being expressly understood, is hereby mwtgaged es if specificatly xt fwth and desvibtd in the grantir,g and habendum clauses hereof, and such Receiver shall have all the brosd and effective (vnct~ons ary! powers in anywise entrusfed by a Court to a Reteiver, and such appointment shall be made by such Court as s~ admitted eqvity and a mstter of absol~te right to said MORTGAGEE, a~d without re(erence to 1he y adequacy w inadequacy of the value of the property mortgaged or to the soivency w iosolvency of said MORiGAGOR q tfie defendaMS, and that such renu, profits, iocome, issues and revenues shaN be applied by such Reteiver accad;ng to the lien or eqvity of said MORTGAGEE and the prxtice of such Court. 8. To duly, promptly and fuily perform, discharge, execute, effect, tomptete, comply with and abide by eath and ,every tFq stip~(ations, agreements, ~ conditans and covenanrs in said promissory note and this mortgage set forth. 9. Tha? in the evenf the ownersh+p of the mwtgaqed premius, a any part thereof, becomes vested in a ptrson other than the MORTGAGOR, the h10RTGAGEE, its successora and auigns, may, without rrotice to ths MORTGAOR, deal with such successor or successor in interest with reference to this martgage and the deb~ hereby secured in the same manner as with Mortgaga w~thout in a~y way vi~iating a discharging the Mortgagors' liability here- under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successws or ass~gns and no extens~on of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successws w auigns, stwll -operate to release,' discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole w in pa». ]0. 1? is spec;fically agreed thai time is of the essence of this contract and that ~?o waiver of any oblgation hereunder or of the obligation se- cured hercby shall at any time thereafter be held to be s waiver of the terms hereof or of the. inslrumeM secured herby. 11. In add~tion to the forego:ng monthly paymants of princ pal and interest required by the promissory note secured hereby, mwfgagor covenants and agraes to pay to mortgagee with each momhly payr~~Qnt an add~rional sum estima~ed by morfgagee to be equal to 1/12 of the anrtual cosf of the follow- ~ ing: ~ A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurar.ce as herein requ:red to be carried on fhe improveme~ts situate on the above desaibed premises_ C-Premiums on such mo~tgage guaranty inswar~ce as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mwtgagee shall from time to time not;ty mwtgagor in writing of the amount due and payable hereunder and such sum shall thereupw~ be due and Fayable on the due date of ~he next month:y payment and each successive month thereafter urtil mortgagee shaH notify mortgagor of a.t,liinpe in wch a-novnL Such sums shall be applied by mortgagee toward ~he paymeM of real property taxes, i~surance prem~ums, and mort~aRe ~ryd~taMy ~'qlWrance premiums. `,~µN ~ ItJ~;;, ~ IN WI NESS HERE the sai O GOR has hereunto set his hand and seal the da and y year fint aforesat~~, - Y ~ ~ 'v red in t • ~ 0 ~ P(~~tA2ATED ' _ E~'er~^ ~~•~~~E~ BA S ENT tiC~t .;~uw7r l BY: ~s~s ~ _ cy,;~: = :~~;~s essie ~ , s , d~nfi - .,Jl1 C~URT~~ s s . ~ a :`i - : r n A1'TEST : re eri - t~s ~ ~ ' ~ ; - - _ ~ - `_t1I ~ ~ yi-.i-- - - jiS~ lCTe dr~ ~ _ 't ' ~ ~ , .r~- ~ , 255Q33 ~ - _ ; STATE OF FLORIDA COUNTY OF ST. LUCIE ~ i ~ ~ t I HEREBY CERTIFY, That on this ~ day of Ma~ , A. 0. 19_Z3_, ' before me personally appeared _Tocc; o R~ck~ts--t~uhsa and ~ ~ ~ respectively President and - - - - Secretary , of ~ i -BA('KU~ ENTFRF'FZISF~, IN~,?$~RATFi~ , a_ Rler~ da Corporation, to me ~ known to be the persons described in and who executed•ih~}~o}ng instrument and severally acknowledged the exe- : i cution ihereof to be their free act and deed as such officetys,jer'Iiie.~ ~and purposes therein mentioned; and that they ; affixed thereto tt~e official seal of said corporation;~ ,~N~'~.~'Q~ii~,ifis?rb~b~nt is the ad and deed of said corporation. ' . r'` U C- _ i WITNESS my hand and official seal at Fort Pierce e -:,r- , said county and state. This instrument prepared by ? ~ ; - . : o . : = ; J.H. ROberts ~~••~~~~~?ubit~;~in and for S e and County aforesaid. ; ~ First Federal Savings and Loan ~~sion Ex ~res: o, . ~ Association of Fort Pierce, Floz~~d~C ~ P~ t '3 • 1 V ` ~ ~t~i:ti~~:~~•. t ~ i - Checked By ~ooK2~4 PAGE1204 ; : ~ ~ - " . ~ ~ < . ' `G.i S ~ kr.:' ~~3'a-v,'_+` 1 .~_.~t. .t. ~ r_ r ' msr~ ..z..-M ~_.F