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To p4ct ~nd contirwou~ly ttp on ~M buildinys oow or M«af~M 4tusq oe said lu~d and on a!i equipm~nt and p~rwnally ca~ered by ~his matp- ` p~, witA all pr~m;wns thaeon pa~d ie full, fin insvr~nc~ in th~ uzuN s~uda~d policy form, in ~ tum approv~d by ~he MORTGAGEE, and w~nditwm + i~uww~c~ in tM uswl uu~dud pol~cy tam, in ~ wm approv~d ~y t!r MQRiGAGEE, in such company a companies a ~h~ MORiGAGEE may ~ d"u~cy ~nd dl fir~ and w~torm 'wnwanc~ policiN on any of said buildinps„ any inhrqt 1Mr~ie w parl Iher~ol, in th~ ap~rcpaq sum ~ior~a~~d a In u~cns d».wf, sMll comain ~I» usual ~~~ndard mor~8ay~ claus~ a such aFw~ clwH as tM MwtppN m~y rpuu~. maAinp iM ~oii unda ia~d poli~ i c~, tach and twry, paYabl~ ro uid AFORTGAGEE u~ts intae~t may ~ppqr. ~~d each and ~wry ~~ch policy ~Adl be prompily ~ss.yncd ind delive~ed ~o ~ny Mld by satd MORTGAGEE as furthK tecu~iry to said mort9~ deb~, u?d, na I~ss tMn ~M (10) days in advanc~ oi tM expir~tion of e~ch polity, ~o dr IivM to wid MORiGAGEE • re~ewal th~rwf, top~~Fwr with a reo~ipt for tM pr~miwn ol wch ~enewal= and ther~ sMlt bf ~o f~re or w+nds~wm insuranc~ pl~o~d cn any of sdd bvildinps, ~ny inta~est ~her~in a part tMrwf, u~leu i~ ~M fwm and with tM loss pay~bl~ as ~iwesaidi ~nd in tM evenl ~ny tum o( mon~y becpnes payabl~ und~r wch policy w policws ~aid MORTGAGEE sMll Mw tM optan to receivs and ~pply ths sama on +ccounl oi the indebted- neas ~atwed M«by o~ W permit s+id IY{pRTGAGORS lo ~fceiw and us~ if p~ny part thereoi ia~ other pu~posei, without tharsb~ waivi~ig or unpair- inp any pvity. I'~ a ~ig6t ~~de? a by vihw of this mortpa~e; ~nd in ~M tvent u;d 1NORTCsNGORS shall fw any reason fail to keep the said prem~ses w insured, w fail to delivt~ promptly any of said polities of ins~rancs to sa~d MORTGAGEE, or fail promptty ~o pay fvlly any paemium therafor a in any respett fail ro pKfor+ey d+scMrQe, execurs, ~Hett, complete, tomply wi~h ~nd ~bid~ by this cove~aN, a any part he~eof, said MORTGAGEE may pl~te and paY for wd~ i~swanc~ a~nr psn thsrsof wirhout waivinQ or •ffectinp any op~iw~, li~n. equity. a righl vnder w by virtw of this hlwtgaye, and the ~ full ~rtw~nt of ~ach and evtry such payment shalf be imn~ediately dw and pyabls and shsll be~r interest f~om the date the~eof until piid ~t ~hs rate ol ~~n~ pe~ tMtum pa~ amum and together with suth intereu sMtl bs secured by fhe lien of this maty~gt. 1. To pKmit, oommit or wffer no wute, impai~ment a deterioration of said property or ~ny psA thereof. 5. To pay ~II a+d unpulu the costs, chuyes ~nd expenses, includinp a reaso~abk ~ttwney i fe~ and costs of abstracts of tiHe, incurred or paid at ~ sny time by ssid MORiCaAGEE, becaus~ or in th~ evtnt of the la;lure on ths pu1 of ~he said MORTGAGQR to duly, prompNy snd fully perform, d~xhargR execute, eftad, cemplea, comply w~th and abide by esch ~nd every ~he stipula~ions, agreemenri, ca+ditions, and cove~ann of sa~d promiswry note and thii mwt~ape any a eiflw~, ~nd s~id costs, chsrges ~nd expemes. esch and every, shall b~ in+mediarely due and payable: wFrother or not there be notice dr mand, anempt to oollect or wit pendiny; and ths full arrauM of each and eve~y wch payment shall bear interes~ from the date thereof until paid at thc . rare of nins per centum per annum; and all said wsts, char~es and expenses inwrred or p~id, together wiih s~ch interest, shall be secured by the lieo of tbw 'T'w?pa+9~. . b. fl?st (a) in 1h~ swm of ~ny beach of this Mortgsp~ or default on the part of Ihe MORTGAGOR, w(b) in the event any of said sums of money herein referred to be nof promptly and fully paid within thirty (3p) days next after the same severally become due and payabte, without demand a notice. or (c) in the event each ~nd every ths stipvlations, agreemeMS. conditiorts and covenanb of sa~d promissory ~?ote and th~s mwtgage any oc either are i?o1 ~uly, promptly ~nd fully performed, d;scharyed, executed, elfected, completed, complied with a~d abided by, then in e~ther w any such event the said a¢ gregata wm mentioned in ssid promiuory rate then remaininp unpaid, with inte?esf acvued, ar~d all mo~xys secu~ed hereby, shall become dw and pay- eble fwthwith, or thereafte~, at the option of uid MORTGAGEE, as fully and completely as if all of the iaid sums of money were o.iginatly sripulated to be paid on such day, ~nylhing in sa;d promiuwy note or in this Mortgage to the contrary notwithstanding; and ~hereupon a theresffer at the option of said MOttTGAGEE, wirhout notice or demand, wit at !aw p in equity, therefore or thereafror begun, may be prosetuted es if all moneys setured hereby had matured prlor to iri inititutan. 7. That in the avent that ~t the beginning of or at any time pending any wit upon this Mwtgage, or to forectose it, or to reform iL or to enforce paymeM of any claimt haeunder, said MORTGAGEE shalt apply to the Couaf having jurisd~ction th~reof for the sppointment of a Receiver, such Court shall ~ forthwith sppoint a receiver of said mortgaged property all and singvlar, i~clud~ng all and singulu tl~e income, profits, issues and reve~ues from whatever scurce derived, esch a.~d every of whKh, it beirg expressly unders~ood, is hereby mortgaged as if specifiuNy set fafh and dexribed in the pranting and habcndvm clauses hereof, ~nd suth Receiver shall Fwve all the broad snd effettive funchons and powers in anywise entrusted by a Court to s Reteiver, and ~ s~ch sppointmem shall bc made by wch Cowt ss an admi~ted equity and a matter of absolute right to said MdRTGAGEE, and without reference ro the ~ edequscy w inadequacy of the wlue of the property mwtgaged o? 1o the so~vency w inwlvency of said MORTGAGOR w the defer+dants, and that such re~rs, profin, income, issues and revenues shall be applied by svch Receive. sccad~ng to tha lie~+ or equity of uid MORTGAGEE and the practice of auch CovA. 8. To duty, promptly snd f~tly perform, d~xharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, ~ conditiora and covenants ~n sa~d promissory rate and this mwtgage set forth_ ~ 9. Thst in the event the owncrship of the mortgayed premises, or any part thereof, becomes vested in a person ofhe? than the MORTGAGOR, the MORTGAGEE, iti successors and assig~s, may, without notice to the A10RTGAOR, deal with such successw d successor in interest with reference to this mo~tgspe and the debl hereby secured in the same manner as with Mortgsgor without in any way vitiating or discharging the Mortgagori liability FKra. under or upon the debt hereby secured. No sate of fhe premises hereby mortgaged snd no fwbeara~ce on fhe pan of the MORTGAGfE or its successon or auigns and no extens+on of the time for the payment of the debt he.eby xcured given by the MORTGAGEE or its succeasaa w suigns, shall operate ro release, d~xharpe, modify change or affect the wig~nal liability of the MORiGAGOR herein, either in whole w in part. 10. It is specifically agreed thst time is of the esscnce of this contrad a~ that no w~iver of any obligation herevnder w of the obligation sr cured hereby shatl at any time thereafter be held to be a waive? of ti?e terms hereof or of the instrument secured herby. 11. In add~tion to the fwego:ng monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgago~ covenants and agrees to pay to mastgagee vv;th each monthly payrnent an addi~ional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of tF?e follow- ing: A-Ail real property taxrs levied or assessed against the above described real estate. . B-Prer.tiums on fire end windstorm insu~ance as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from nme to time deem fit to carry on the loan secured hereby. Mwlgagee shall from time to time notify mortgsgor in writing of the amouM dve and payable hereunder a~d such sum shal! the?eupon be dve and Fayabk on tF~e due date of tbe next monthfy payment and each successive month thereafter ur.til mortgegee shall notify mortgagor of a change in svch amo~nt. Such sums shall be applied by mwtgagee toward the payment of real p?operty ta:es, irtsursnce prem:ums, and mortgage guaranty insurance oremium3. , IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his hand and seal the day and year iirst aforesaid. Sip~ed, Seakd and deliver in the presence of: nesn ~ ~ ' am in ~ . ~ velxn Dooling STA OF FLORIDA ~ • St. Lucie I our~tv oF - Befwe me perwnally sppeared -«11118ID F~ Dooling and ~ EV@lyfl DOOll[1(, his wife, to me well krwwn and known to rrM to be rhe individuafs described in and wiw exec~ rn~ r« ~nw9 instrument, and aclcrwwlcdged befwe me that they executed the ume fw the purposes ! therein expressed. Md the ssid Evel DOOll ` w+fe of Nx ,,,a - S~lilliam F. DOOllri~ upon a sepsrate aod privat~ i examination by me taken separate and apsrt from F~er said husband, aduwwkdged to ar+d before me that she exetuted said iMtr~ment frtely.and"volurr . rarily and without any computsion, constroint, appreFrons~on, w iear of w from her said h~sband. ; WITNESS my hand snd official seal this 15t - de June ~3: . ~ v- : • , tary Pubf'~c in and fa the St of Ffdr' .M~i~ ' i My Commiuion eupires: ' - ` ~ Return to: y i ! ~ . ` . 4 . ~ firsf Fede~al Saviny~ d~ losn Association ~~'~'T ~A~ P(IBCIC. $~a~Q Q Of Fort P~erce. ~ ~4lMIS$I~f pjy~~,-'.ir_~~'~3^~~`0 ; V ilC~ ~ fort Pierce. Florida 7~ ~ra~u V ~ i 'r~T ~ ~4 `i. fILEO Ati^ Rf ~OAOEO , ,'''•~,,,,,,,,~,Ni"'r• S T. ~OQiE CddNTY FIA. ~ ! This Instrument Prepared By John l•:. Collins ROGEn ?f~~7RA5 ~ - ; First Federal Savings d~ Loan Association CI.ERr, tt .c;~lr CtURt ~ ; • of Fort PiercQ F1orida °F!'"pC Y~ ~~F~~D.~.~~.,. ch~k~ By ~ .Jl~i 5 3 s~ PH'73 ' 255062 ` aooK214 ~2839 js . ~ ; . ~ - ~,~x ~ } - - - - - - - - - - - . ~ , ~ _ ~ -~.~~,.y - ~