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To pl~c~ and con~in~ouily keep on tM bui!d~ny~ now a hxeaftK sitwt~ on said land and on alt equipment ~nd p~nonally covNed by this mwtp- sfle, with •II prtmiwry ~}+arean pa~d in (ull, f~re insu~anct in tM uwai ttudud policp fam, in ~ awn approvtd by ~M MOR[GAGEE. +nd winditam insurar~ in tM uswl ~~andard pol~cy 1orm, in • wm app?ov~d by tM N10RTGAGEE, in such company u companies u tM MORTGAGEE ~nay d~rectl ~nd all fin and wincb~an+ insura++c~ poticws on ~y of taid build~npf„ ~rly inMryt tlyrtin Ot p+R fhertOf, in tFK apy?epaa wm iforesaid q in e,ccass thereof, ihaq coneaie th~ uwal s~andud ma~p~ dausa a ~vch o~l~ clwss a tM Matpa~w may requu~. makinp rM lou unde. said pol~ ' cies, each and every, payabl~ ro sa~d N10RTGAGEE as its interes~ may appear, ~nd each and every wch poliq ~hall b~ p?omptly au 9~ed a~d dalivered eo sny held by said MOR~GAGEE as further saurity to said morryage debt, and, oW kss than t~n (10) d+ys in advance of the expiratio~ of e~ch policy, to dr livar ro said MORTGAGEE ~ renewal thereof, topetha wilh a receipt fw the pr~mivm of tuch renew+l; and there shall b~ ~o fire w windstorm inw-ance s.;~ pl~c~d on ~ny of said buildings, ~ny interest tF?Kei~ w put thereof, unteu io ihe fwm ~nd with ths foss payabk u afae~aids +nd 1~ tM eva?t any wm of mw~y becomes pay~ble ~nci~r tuch policy or pelicies said MORTGAGEE shall have th~ option a receive and apply the same on acco~nt of the indeb~ed~ ness sscured hereb a w ~mit said MpRTGAGORS to recave and us~ it w ~n part thercof ia other Y P~ Y Purpos~s. wi~hout th_reb/ waivi~tig or ~mpair- iny any aqvity, lien a righ/ under w by vutve of this mortQage; and in tM eveM s~;d MORTGAGORS shall fw any reason fai) to keep the sa~d premises w insvred, or fail to deliver promptly any of said policies of inwrancs to ssid MORTGAGEE, or fail promptly to pay fully sny premium therefor w in any resped tail ro perfw~, d~schsrge, executs, effecl, compkte, comply wi~h and ~bid~ by this eovenant, or any pa.t hereof, said MQRTGAGEE may place +nd pay for suth inwranc~ w any part thereof wirhout w~iving or affectirg u?y op~ion, lie~. eqviry, or right unda a by virtw oF this Matgs~e, and tlx r~,~ full amount of each and ewry ~uch payment shalf ba immedi~tely due ar~d payable ~nd shall beu imerest from ths date thereof vntil paid at ths rate of - n~ne per centum pa snnum and together wirh ~uch interrs? thsU be secured by the lier~ of this mortgage. I. To permit, canrnit or wffer no waste, knp~irrrKnt ot deteriontion of said property a any paA thereof. S. To pay all and singula~ the costs, chargcs ~nd expe~ses, including a reawnabk at+orney i fee and wsts of abstracti of title, incvrred w paid at any time by said MpRTGAGfE, because or in the event of the failure on the part of tM said NWRTGAGOR ro duty, promptfy and fully perform, d~xharge, e,cecute, effect, complets, comply with and abide by each ~nd every the stipulatior?s, agreem~nts, co~ditions, and covenants ol said p~omissory note and thii murtgage any o~ eithe~, and said cosb. chuges and expenses. each a~d every, thall be immediately due u?d payable: whether o? not there be notice da mand. attempt to coltect or wit pending: and the full artaunt of each and every svch pay~ruM shall bc~r interest from the date thereof until paid at the rau of nine per cenwm per annum; and all said costs, charges and expenses incurred w paid, togetha with such interest, ihall be secured by the lia? of thu morty~ge. - 6. Tha1 (s) in the event of aoy breach of this Mwtgage or defautt on the parT of the MORTGAGOR, a(b) in the event sny of said sums of money herein refmred to be not promptly and fully psid wi~hin thirty (30) days nex~ after the sam! severa~ly become due and payabk, wilhout dem~nd or notice, or (c) in the event each ~nd every the stipulations, agreeme~ts, conditions and corenints of ss+d promiss«y note and th~s mwtgaye any or either are not 3uty, promptly a~d fully periormed, dixFwrged, executed, effected, canplcted, complied wi~h and abided by, then in either w any such event the said ag~ gregate sum mentioned in said promiuory note then remaining unpaid, with iNeresl xuued, aod a11 moneys setured Fxroby, shail betome due a~d pay- • able forthwith, or thereafter, at the option ot said MORTGAGEE, as fully and complerely as if all of the said wms of money were aiginally stip~rlated to be paid on such day, anything in sa;d promisswy note or in this Mortgage to the contrary notwithstsnding; and thereupon or thereafter ~t the optio~ of sa~d MORTGAGEE, without nofice w dema~d, suit at I~w or in equity, tlxrefore or thereaher begun, may be prosecuted u if all moneys setv~ed hereby nad matured p~,w to its insfiturion. ~ j 7. That in the evmt thst at the in~i of or at a~ time ~ an su;t u ~ b~g ~9 y pend~rg y pon this Mortgage, or to fweclose h, or to reform it, or to e~force ~ payrrxnt of any claims hereunder, said MpRTGAGEE shall apply to the Court having jurisdKtion ~hereof for the ~ppointment of a Rective~ such Cour~ sha!! ; forthwith sppoi~f a receiver of said mptgaged property all and singular, includ~rg all and singular tFK income, proiits, iuues and revenues from whatever ` source daived, ~ach and every of which, it being expressly understood, is hereby mortgaged as if specifically xt fwth and described in the granting and ~ habendum clavses hereof, and such Receiver shall Mve all the broad and effecrive funct~ons and powe~s in anywise enfrusfed by a fourt to a Receiver, and + such appointrn~M shall be made b~ such Court as an admitted eq~ity and a matter. of sbsolute right to said MORTGAGEE, and without refere~ce to the adequscy w inadequacy of the wlue of fhe property mor~gaged or to the sotvency or inwlvency of said AAORiGAGOR a the defendants, and that such rents, profits, ir~come, issues and revenues shall be applied by such Receiver accord~rg to thc lien or equity oi said MORTGAGEE a~d the p?sctice of such Court. 8. To duly, ~.omptly snd fully pe?form, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipulations, sgrcements, conditions and covenants ~n said promissory nore and th;a mortgage xt fath. 9. T1~at in the event the ownership of tF~e mwtgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the htORTGAGEE, its successors a~d auigns, may, withoul notice to the MQRTGAOR, deal with such successor w sutcessor in interest with refsrente to thia mortgage and the debt hereby secured in the same manner as with Mortgsgor without in aay way vitiating w dixharging the lAortgagprs' liabilify hert urder p upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearante oa the part of the ?AORTGAGEE w its suttesson cr a:sgns and no exte~sion of the time fw the payrnent of the debt hereby secured given by /he MORTGAGEE or its successon or suig~a, aha!! operate to relesse, discharge, modify thange or affect the orginal liability of the MORTGAGOR hereio, either in whole w iw part. 10_ It is spetifically agreed that time is of the essence of this cantract and that no waiver of any obligation hereunder or of the oblgatan se- c~red hereby shall at any time thereafter be held to be a waiver of the terms hcreof o~ of the instrument secwed heiby. I1. In add:tion to the fwego'ng monthly payments of princ"pat and interesf required by the promissory rate secwed he+eby, mwtgagor covenants and agrees to pay to mortgagee v~ith each monthly payrnent an addirional sum estimated by mortgagee to be equal to 1 f 12 of the annual cost of the follow- ing: ' A-All real property taxes levied p assessed agaiast tFr_~ above desui5ed real estate. B-Premiums on fire and windstorm insurar.ce as here~~ requ:red to be carreed on the improvements situate on tl?e above d~wibed premises. ! C-P~emiums on such mwtgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. Mortgagee shall from rirne to time notify mortgagor in wr;t;ny of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive manth thereafter until mortgagee siwll notify mortgagw of a change in wch a~;ount, Such sums shall be applied by mortgagee toward the payment of real properiy taxes, irtsurance prem:ums, and morigage guaranty insurance premiums. , IN WITNESS WHEREOF, rhe said MORTGAGOR haz hereunro set his "hand and sea! the day and _year lint aforesaid. . Sealed and de'rered in the ~esence of: -/l " ~J1.t~.qrt~y~(Sean , n ~n - rre : . ~ennett ~s~a~ STATE OP FIORIDA ~ I COUNTY OF - Ct. ~ 11C1e . ~ ~ Befwe me penonally appea?ed ~lbert I.ee Bennett and , NRll ~i• Ben~ett his wife, to me well krwhcq,Ar~ krw~wr to me to be the individuals desu~bed in and who executed the foregoing instrument, and adcnowkdged before me that tF~ey exetuted th~ wi~b.f9r tf~s poses s therein expressed. And the sa'ed- _~11 T7• Bennett w;+~ of r~ ,~~a Albert Lee Sennett ~,~„_a ~a ~.;~,:e ; exam'~nat~on by me taken xparate and apan from her said husband, adcrwwledged to and before me that she executed sa~ ~rntrument freeJy and vo~R- ; rn rarity a~d w;thout any compulsian, co~straint, appre ot fear of or from her said husband. : ~°~1 ~ WITNESS my hsnd and official seal thi: ~J t day of a• b~ q, p, 74~_ . . C~ . Notary Public in and fw ti~e br~a~'t cye . Mr eon,n?issia, expires: , ` Dr ~ `V Return Ta • . ~t~ ' .J Fint Federal Saving• b Loan Associatan ~q~y p(~g~C, STAh~~(~?at L1R~E ~ Of Fort P~erce. 111y CpMMISSION D(PIRES SEFT. 25, 1975 Fort Pier~e, Florida ~Oll~ed ~ ~EfIq11 6211klfS (OSUtofIC@ ..0. ± ~tl~v R~y~ ;t.11~ar ~t1~~r~ft4 This Instrument Prepared By John 1~'. Collins ~GCEr~. ryiiR~S First Federal Savings 8~ loan Association ~~fRK Lar:C;~~T~q~ i of Fart Pierce ,~Iorida R~~~F~ yt"~~~ED,r..,~ ~ Checkeai BY ~ M~ 30 9 sa AN'73 ~ eoaxZi4 ~2014 z ~ 55499 ; S ~ . - , ~3~~ ~ ~ - . - - - - - - - - - -