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To plac~ and contlnvouily kNp on the buildinp~ now w hereaha 4tuN~ O~ faid Iantl ~ntl On ~II equipmQnt ~MI p~rfOnally COVN~ by IAif mOrf¢ +p~. with all pneniumf tMreon paid in lull, fire insu~~~ct in th~ usual ~tarxJs~d polity form, ie+ a ium app?oved by tM MORTGAGEE. ~nd wi~ds~am inwrance in tM u~wi ~tandud policy iorm, in • ium ~pprov~d by th~ MORTGAGEE, ie wch company w comp+ni~s a tM MORTGA(3EE may dirscr~ ~nd aU fu~ ~nd wind~~orm inwanc~ poticin on any of s~id build~rp~, aey tear~st tMr~in or paN tMreof. i~ tFa pyre9aa wm ~tor~uid w In ~xcess IMreof. shall contain th~ vwal itar+dud mwtgayt~ ciauss a ~uch o~lur cta~w fF?~ AAor~ppN may rpuir~, ma?irg ~M loa u+~da sa~d poiE ciy. ~acl~ ~nd ~v~ry, paY~bl~ Io s~id MORTGAGEE af ~ts inqre~l may app~a~, and Nch a~d ewry svch policy ~hall b~ promptly ~u.qned and deliwred to ~ny haid by s~id MORTGAGEE as (ur~her ucurity to wid mort~ape debt, and, rat i~ss tM~ 1~n (I01 days in advanw of th~ expi~~tion of exh poucy, to dr IivN to sald MORTGAGEf a rtnewal thereof, topetha with • receipt fw tM pnmium of such renewalj snd ~hen ih~ll be no firo w winds~am insuranu plaad on ~ny of said buildings, ~ny intaeil tMr~in ot part tht?eof, unleu tn the iwm and with tM lou pay~bl~ as ~fort~sids +~+d i~ tM event any sum of mon~y becwn~a payaWe ~ndsr ~uch policy or policies said MORTGAGEE shafl hsvs th~ optio~ ~o receivs and apply 1M isme on ~ccount of tM iixlebted~ ; neu sscur~d hereby a 1o permi~ said MORTGAGORS to receive and us~ it or a~y par~ fhereof for oiher purposes. w~~iw~t th~~eb/ waiving w unpair- inq sny p~ity, lian or right under w by virtue of ~his mort~pes ~~d in the even~ said MORTGAGORS sheN for any reasan fait to keap ths said prsmi~es w intuted, or fail b cktiver promptty any of said politief of in~urants 1o said MORTGAGEE, or fsil promptly to p~y fully any premivm therefot « in ~ny respect fail b pafwm, dixharge, execu?s, effect, complets, comply with snd abid~ by this covenant, a any part hereof, taid MORTGAGEE mey p1~ce and pay fw iuth irqurancs or any parf thereof without waiving or ~ffactinq any optiai, lisn, equity, a right under or by virtw of this Monpspe, ~~d tht full ~movnl of e~ch a~d ewry wch payment shall be immediately dus and payable and shall besr interest from ths date thcreof u~til paid at the ~at~ ot nine pet centum per ~nnum and together with suth interesf shall be securcd by fhe lien of this morfgsge. - ~ 1. To pKmit, tommit ot wffe? no wsste, knpairme~t p dete~arstion of said propxty. p any paH lhereof. S. To p~y aU ~od airgulu the costs, charyes and expenses, includi+,p a reasa~sbls attwney's fee and co~ts oi abstrscta of title, incurred w paid a~ - eny time by said MORTGAGEE, because a in ths event of the failure on the part of the seid MORTGAGOR to duly, p?omprly and fully perform, dixharqR ~ executs, effM, cbmplete, comply with and abide by. each and evQry the stipulations. ag~eements, conditions, and covenanri oi said promissory note and thii matgaQe any a ei~he~, and said cost~ chsrges and expenses. each and every, shall be immediately d~e and payabte: whether a ~ot ~hera be ~o~ice d~ mand, ~ttempt to tollect q suit pending; u~d tM fvll amouM of each ~nd every suth paymeM chali bea. interesl irom the daro thereof until paid af th~ rate oi nine per centum per amium; and all said costs, charges and expenses incurred w paid, together with such inlerest, shall be setu~ed by the lien of tha mortyaye. 6. Tha1 in the eveM of any breach of this Mwtgage ot deiaulf on the part of the MORTGAGOR, o~ (b) in the eveM any of said sums of money hr~ein referred fo be ~ot promptly and fully paid within th7rty (30) days next after the same severally become due and payable, without demand a notice, or in tlk eveM each ~~d every the ttipulations, agreements, conditions and covensnts of ss~d promiuory note and th~s morigage any p either ue no1 iuly, promptly a~d fully perfwmed, d~xharged, executed, eifected, completed, compGed with and abided by, ther~ in e~the? o? any such eveM ths said ~g g~egate wm mentioned in said p~omissory note then remaining unpaid, with inte?est acuued, and all moneys securcd FKreby, shall become due and p~y- able fathwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as ii atl of the said s~ms of money were originaNy •tipulated to be paid on such day, anything in said promissory note o~ in this Mortgage to the contrary notwithstanding; snd thereupon o~ thereafter at the option of said MORTGAGEE, without notice w demand, suit at law or in equity, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby had matured prior to its institution. _ 7. That in fhe event that at the beginning of or at arty time pendirg any suit upon this Mortgage, w to foreclose it, w to refwm it, or to enface payme~t of any claims hereunder, said MORTGAGEE shall apply to the Court having jur~sd~ction ~hereof for 1F?e appointment of a Receiver, such Court shatl Forthwith appoint a receiver of taid mortgaged property all and singular, includ~ng all and singular the income, profits, iuues snd revenues from whatever sovrce de~ived, eath and every of whkh, it being exp?essly understood, is hereby mortgaged as if specifically set fwth and destribed in the granting and habendum clauus hereof, and such Receiver shall have all the broad and effenive funct~ons and powera in snywise enuusted by a. Carrt to a Raceive~, and such sppointment shatt 6e made by sucA Court a~ an admitred equity and a matter of absolute rigM to said MORTGAGEE, and without refere~ce to the adequacy a insdeqwq of the vatue of the prope~ry mortgaged or to the solveocy or insolvency of said MORiGAGOR a the defendants, and that such v ~ renrs, profi», irxome, issues and revenues shal{ be applied by such Receive~ according ro the lien or equFty of said MORTGACaEE ~u~d the praclice of such Courf. e 8. To d~ly, promptly snd fully perform, dixharge, execute, ef(ed, complete, comply with and abide by each ar~d every the stip~lations, ag~eements, ; co~dilions and covenants in sa~d promissory ~ote and this mortgage set fwth. 9. ihat in the event tF+e ownership of the mortgaged premises, or any parf thereof, bec+omca vested in a person other than the MORTGAGpR, the ~ MORTGAGEE, iri succeuo?s and assigns, may, without nofice to the MORTGAOR, deal with such successor w successw in interest with referente to Ihis mortgage and the debt htttby secured in the same manner as with Mortgagor without in aoy wsy vifiating or discharging the Mortgagon' liabelity FKrr ' under or vpon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of ~he MORTGAGEE w ita succeuors ~ or asi~g~s and no extension of the time fo~ the paymem of the debt hereby ;ecurcd given by the NIOR7GAGEE or its succeuors w assigns, ahall operate to release, discharge, modify change or affetf the wiginal liability of the MORTGAGOR heieirt, eifhe~ in whok a in part. 10. If is spedfically agreed rhat time is of the esu~ce of fh;s COf1!/Mt D~ 1INt ~10 W~IVlf of any obligation hereunder or of the obligation se- cvred hereby shalt at any tirrK thereafter be held to be a waiver of the terms hereof w of the instr~meM secured herby. 11. In addition to the fo?ego:ng monthfy payments of princ'pal and interest required by the promi:sory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with eacA monthiy payrnent an addirional sum est+mated by mortgagee to be equal to 1~12 of the annual cost of the foflow- i ng - A-All real property taxes levied or assessed against thc above desc~ibed reaf estate. B-Premiums on fire and windstorm insurance as he~ein requ~red to be carried on the improvemenfs sit~afe oh the above dsscribed p?emises_ C-Premiums on suth mortgage guaranty insurar~ce as mortgagee shall from time to time deem fit to carry on the loan secured he~eby. Mafgagee sha3! from flme to t~me notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the nezl monthly payment and eath successive month thereafter ur,til mortgagee shall notify morlgagor of a change in such amount. Such sums shalt be apptied by mortgagee toward the payment of real prope?ty tsxes, insurance prem:ums, and mortgage guaranty insurarxe premiums. . IN WITNESS WHEREOF, the wid MORTGAGOR has hereunto set his hand and seal the day year first aforesa' Signed, Seakd and de(ivered in the presence of: , ~ ~ ~ " a~ ~ Shir ley . ee e~ ~ ~ STATE OF fiORIDA I ~ 55. ~ COUNTY OF _ g~~ I.IIQ~A i t eerae ~ personally appeared Trvin L.ealie eslev and ~ his wife, to me wel! known and krwwn to me to bs f the individuats described in and who executed t fwegoing instrument, and acknowtedged before me that they e:eMed the sa .f t~e purposes ~ 7 Ree ley - . i rhere~n expressed. And the sa~d 4hirla J'. • ~u~~~ ~ ( wife of the said ' ~ pbn 1 ~nd ''ivatt i examinaYwn by me taken sepsrate and apart from her aaid hvsband, ackrawiedged to and beto~e me that she execut ~ ~ wfitieo frae?jIi ! ta.;1y and withoot any compulsion, constraint, apprehension, or fear of or from her said husband. ~ ~~i.d,~~~ / Sf " ~ ~ WITNE55 my hand and official seal thi. da of ~ ^ p;. E . Y , . ,dt. f9 ~ - : . Notary Pubiit in and foj ~1ate ~ Flor' a~ Lalpi _ My Commission expirqi yj • y' 1 ~ ' Return To: . Fint Feder~l Savings d~ loan Association ' ~ ~ Of Fort P~erce. NOTARY PUBLIC, S~1~TE~ ~~~N~~ fort Pierca Florida i~AY G_'•': `~ISSION EXf~_IRF~.~~S ,~~26: 1975 ; ~n:2d 8y Amer+can Wruc~ ~ac~Ce 1A. ~ ; This Instrument Prepared By J. Roberta, ~TP. F1~E0 =K? 4fC~~DEO ' First Federal Savings & loan Association ST. ~t~CtE C,~uVi1r fU. = of Fort Pierce , Florida ClE K~~r~~s~i C uR? ~ ~p~ Rff4V7 ~Fr.•=:f~.,~~ ~ s Checked By ~ 6o~K214 ~2747 ~ 5 t~ os AM'73 . ~ zssoo2 ~ ~ ~ : ~ - - _ - _ _ - - - - - `~""~~~-:~r ~ ~s~,~,~..~~.~.~ - ~ _ ? - '