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To place and continuously keep o~ the bui!d~ngs now a heroaf~er s~tuate an sa~d land and o~ alf equipmen~ and psno~ally covered by this ma?g• ~g~, with all premiums thertor? pa~d in fu!!, fi~e insurance in tha u~ual standard policy Form, in a sum approved by the MORSGAGEE, and windstorm ~nsura~c~ in the usual ~fandard poi~cy Iwm, in • sum approved by the MORTGAGEE, io iuch compa~y or canpan~es as ~he MORiGAGEE may d'utctJ ~nd all fi~s and w1~ds~orm ir.surance polic;es on eny of said build~nps, any in~e~est the~ein or part thrreo(, in the aggrega+e wm aforesaid or in ~sceu tlxreof, shall contain the usual a~andard mortgagee clause w such otha clause as tAe Matgagee may requ~re, ;oaling the iosa unde~ sa~d pot~ ue~, each and every, payable to said MORTGAGEE as ~h inter~s~ may appear, and each aod every such pot~cy shail tx prompriy ass gned and de~ivered ~o •ny held by said MORIGAGEE a~ lurihe~ sec~rity to said mor~gage debt, and, no~ leu than ten (10) days in advance of the expirat~on o' each pol~cy, to da live~ to said MORTGAGEE a renewal thereof, together with a receipt tor ~he premivm of ~~ch renewal; and there shall be no f~re o~ windslO~nn insurance pl~ted on ~ny o( said bui~di~gs, any interesl therein or part thereoi, unless in tha fo~m and wi~h 1he lou payable as a(oressid; and in the event any tum of money become~ payable uoder'such poticy or polic;es wid MORTGAGEE shall have ~he optlon to rece~ve and apply the san~ on account of the indebted- neu secured he~eby a to {xrm~f said MpRTGAGORS to receive and use it a•ny part thereof for o~ner Nurposes, .~~+ho~~ ~h.•~~u~ wai~in3 or ~~~~pair- ~ng +ny eqv~~y, lien w rigAt under or by virWe of ~his mor:gsge; and i~ the event sa~d MORTGAGORS sha11 for any reason fail to koep the said prer.~~srs w insur~d, pr feil tp delive~ prpmptly sny ol said policits of inswante fo sa~d MORTGAGEE, or faif promptly to pay fully any prem~um therefor ot in a~y respect fail to perfwm, dische•ge, execute, effect, complete, cwnply wi~h ~nd abide by this cove~an~, w a~y par~ hereof, said MORTGAGEE may ptace and pay fw such insurance or any part thereof without waiving w affrcting any option, lie~, equity, or r~ght under a by virtue of this Mu~gage, a~d the full amou~t of each and e~e~y such paymenl shall !x immediateiy due and payable and sAall bear intere~t }rom 1he date the~eof until paid at the rate o1 nin! pL? CMtum pM an~um ar~d togethrr vvith such interest shali be secured by the lien of this mortgage. 1. To permit, commil or su(ier no wa:te, impairment or deterioration of said property w any part thereof. S. To pay aIl and sirguisr the costs, tharges and expenses, includ~ng a reasonable attorney i fee and costs of abstracts of title. incurred or pa~d a~ any time by aaid MORTGAGfE, becauu or in the cvent of the faiture on the part of the said MORIGAGOR duly, promplly and fully perform, d~xharge. execute, effect, complete, comply w~th and ab:de by eath and every the stipulations, agreements, conditions, and covcnants of said promiswry note and this mor~gage any o~ a~her, and said cos?e, charges and expenses, each and every, shall be immediate~y d~e and payabte; whether w ~ot there be notice d~ man~, atrempt to coNect or ~uif pending; and the full amount of each and eve~y such payment shall bcar ineerest from ~he date thereof until paid at the rate of nine per centum per a~num; and all said cosfs, charges and expenses incurred or paid, together w~th such ime:est, shall be secured by dx iien o( th~i mortg~ge. . 6. That (e) in the event oF any breach of this Mortgage or defaull on the par~ of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein referred to be ~ot promptty and fully paid within thi~ty (30f days ne,ct aiter the same severalty become due and payabfe, without demand or not~ce, or (cy in the eveM each aod every the stipulations, agreements, cw+drtions arxl covenants of sa~d'p+omissory note and lhis mortgage any w e~ther aro ~ot ~uly, pranptty and fully performed, d~xharged, executed, effected, completed, complied wiih and abided by, then in e~~her o~ any such eve~t the sa~d ag gregate svm mentioned in said promisso?y note then remaining unpaid, with interest accrued, and alf moneys secured hereby, shall become dve and pay- aDle forthw~th, or thereafrer, at the opr;on of sa;d MORTGAGEE, as fully and completely as ii all of the so~d sums of mo~ey we?e or~ginatly st~Nulated to be paid on such day, anything in sa:d prom~sswy note or in th?s ti\ortgage to the connary notwithstanding; and thereupon or thereafter at the opt~on of ~aid MORTGAGEE, without notice or demand, suit at taw or in eqvity, therefore o~ NKreafter begun, may be prosecuted as if all moneys secured hereby h~d matured pnor to ds insti!uYan. 7. That in the event thaf at the beginn~ng of w at any time pending any suit upon this Mortgage, a to foreclose it, or fo reform it, or to enforce payment of any claims hereuc,der, said MORTGAGEE shall apply to the Court having jurisdict~on thereof fo~ the appointment of a Receiver, s;,ch Coun shall ferthwith appoint s receiver of said mortgaged property all and singular, includ,ng all and singular fhe income, prof~b, issues and revenues from whatever eource de~ived, each and every of which, it 6e~ng exp~essly understood, is hcreby mortgaged as if speuficalty set forth and dexribed in the g~anring and habendum clauses hereof, and such Receive~ sha~! have all fF~e broad and effecrive funcnons and powers in anywise entruated by a Couri to a Receiver, and s~ch appointment shall be made by svch Court as an admirted equify and a matte~ of absolute righ~ to said MORTGAGEE, s~d without reference to the edequacy w inadequacy of the vatue of the proper~y mor?gaged or to the sotve.~cy or insolvertcy of sa:d MORTGAGOR or the defenda~ts, and fhat such rems, profits, income, iuues and revenues shall be appi~ed by such Receiver accord~ng to the lie~ w equity of said MORTGAGEE and the practice of such CouA, 8. To duty, promptly and futly perform, discharge, execute, effect, comptete, compty with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promisswy note and this mortgage set fpth. 9. That i~ the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a perwn atFie~ than tAe MORTGAGOR, the 5~10RTGAGEE, its succeuors and assigns, may, without no~ice to the MORTGAOR, deal witF~ such succeuw or successor in inrerezt with reference,to lhis morrgage and rhe debt hereby secu~ed in the same manner as wiih Mortgagor w~thout in any way vitiating or discharging the Mwtgago~s' (iability here- under or upon the debt hereby secured. No sale of the premises he~eby ma~tgaged and no forbearance on Ihe pan of the MORTGAG.E or its successors or assigns and no exte~sion ot the time fw the paym.ent of the debt hereby setu~ed given by the MORTGAGEE or its successors or assigns, siiali operate to refease, d~acharge, modify change w affect the orig:nal Iiauility of the MORTGAGOR herein, either in whole or in part. . 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder or of the oblgation se-. cured hereby shall at any t[me thereaiter be hefd to be a waiver ot the terms hereof or of the insnument secu~ed herby_ I1. tn add;tio~ to the foregu'ng monthty payments of o.inc pal and inrerest required by the promissery np!e secured hereby, mortyegor covenants an~+ agrees to pay to mo:tgagee with each moneh'y payr~~ent an~add~rional sum est~n,ated by mortgagee to be equaf to 1;'12 of the annual cost of the follow- ing: . A-All real prope.ty taxes (e•.ie~ or assessed against the above described real estate. 8-P:em.rums on f;~e and vi;ndsto~m insurar.ce as here~n requ:red to be carr~ed on the ~mpsovemeats s~tuate o~ the above descri6ed premises. C-Premiums on such mwtgage guaranry inwrar.ce as mortgagee shatl from t~me to time deem fit ro tarry on the loan secured hereby. Mortgagce shail from f~me to t~me notify mortgager ~n writing of the amaunr due and payable hereunder a~d such sum sha!1 thereupon be due and ~~yable on the due dare of rhe next mo~thty ~aymenr and each successive manth thereafter urtii mertgagee sha!I notify morfgago: of a change in such a~„ou~t. $uch sums sFa:l be applied by mortgag~e roward the payment of rea; property taxes, insurance prem:ums, and mortgage guaranty insurance p~emiums. ' IN WlTr1ES5 JVHEREOF, ?he sa~d MOR7GAGOR has hereunto set his hand and seal the day and r first a(oresaid. ' ned, Sealed and delivered ' the prexnce of: • r _ G x,~ c.t.{~ avid . r' e ~n 1 tSeaO ~ ~ (SeaO i ~ 1.Oy . DOZIOl[1@}? (SeaA 't ~ STATE O ORIDA k COUNTY OF St. Lucie ~ Befwe me personally appeared DaV 1C~ W. Dorminey a~d = I.Oy/ B. porminey his wiie, to me well known and known to me to be : the individua:s desu~bed in and who e~c~tesl ~e• f~~j~~~r~ment, and acknow(edged befare me that they executed the same for the purposea s there~n eapressed. And the said Y c +vife of tfie said y ' ~8V 1C~ Vl. Dornine upon a uparate and p~iva~e f examination by me taken separate and apart from her said husband, atknowledged to and before me tha. she executed said instrument freely and voluM ? rari;y a~d without any compu(sion, constraint, apprehen~j~~ r fear oF w fr " husband, WITNESS my hand and offic~al seal this •~,,L. da of Une ~~q+ b jy 73 ~ ~,c~L-~ ~~Y.iC? Notary Publit in and for 1he State o~-Fforidi~st,,l~e _ ~ My Ccmmission expires: ' ~ ~ . • ~ ~ F Retu~n To; ' ~ - _ Fint federsl Savings b toan Associatior 1 - ~ - Of Fo~t P.e~ce. H07ARV pUBLIC, $TRtE ot FLOR1D11 Yt iA~ 'J Fort Pierce, flor~da ~Y ~•~~":JN EX7IRES A ,J~ f = bc.r.JEu d` r1;.:~ ~ N' )r ~Z~/!~ ~ J ~ ? c/i~d!} ~,~,•.AtlS InsLranca C,Qi •~f ~ . ~ ~ i~ ~ . i F~lEO~M_r• s~ECDRDFD . . - Gary F. E2lwood S~.IUC;E ' , This Instrument Prepared By p,.,~_^%JUVTYF~4. . First Fede~al Savings 8 Loan Association CtF~~ti ~~~~~a' ~ ~ ' 7cr:.. {i.. ~ of ~ort Pierce , Florida .r. C~~RT ~ A~ ~ ~ ` Checked By ~ ~ 11 42 ' PH r3 ~ ~ sb ~ sc~R 215 F~acE ~82 ~ _ . - r - - - ; - = ~ ; ~ ~ ~ -r = ;.~~w.~