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To place and continuousiy keep on the bui!dings now o~ hcreaftar utuat~ o~ sa~d la~d and on all eq~~p:nent and per~onally covercd by thi~ mo~~g- sgs. with sll premiums theraon pa~d in full, tire insurance in tha usual s~andard pol~cy fam, in a sum approved by tha MORiGAGEE, a~d windsto+m insura~c~ in tM usual iundard pol,cy form, in a sum approved by the MORTGAGEE, in such company or companies as the MORTGAGEE m~y dirat; arx! all fire and w~nd~torm in~u~ance paliciei a? any of said build~nys, any inreresl therein or part thereof, in the aggreg~te sum alwesaid or in ~xceu Ihereof, i~all contain ~hs uiual standard ma~gagee clause a such other claus~ ai the Mortyagee msy requ~rs, makin~ ti~e Iosf under sa~d poli- cies, each and every, payable to said MORTGAGEE as ~ts in~erest may appea~, and each and evc+y s~ch po~~cy shall be promptly ass gned and detivrred +o sny held by tsid MORTGAGEE as fur~her srcurity to said ma~gage debt, •nd, no~ lesi than ten (101 dayt in advance of the ezpi~ation oi each policy, to de- liver to said MORTGAGEE a renewal thereof, ~ogether with a rece~pt fw the premium of such renewal; and there shall be no f~re or w~~darorm ins~rance plsced on ~ny of ia~d buildings, sny interest therei~ w part thereof, unless in the form and with the toss payable as afore~aid; ar+d i~ the evenl any ium of monty betomes psyab~e unda such polity or policias said MORTGAGEE shall have the opr~on to reteive and appty the same on account of the indabfed- ~ ness setured hereby w W permit said MORTGAGORS to~.t iva e and use il w any part thereof for otncr purposrs, v.~~huut ~h~~cb~ waiving or unpair- ~ ing any equiry, lien or right unde~ w by virtue of th:s mortgage; and in the evenl said MORTGAGORS shall fw any reason fail to keep the said premiszs so t insv~ed, or fail to deliver promptly •ny of said policies of insu~ance to sa~d MORTGAGFE, or fail promp~ly fo pay fully any pre~mum the~efw a in a~y ~ respect fail to paform, diuharge, execute, effect, complete, comply wi~h and +bide by this cove~ant, w any part hereof, said MORiGAGEE may place and pay fw such insurance a any part thereaf wi~hout waiviny a affecting a~y option. lien, equ~ty, or r~ght unda a by virtue of this Mo+~gage~, and the ! full amount of each and every ~u:h payment shall be immediately dw and payable and shall bear interest from ths dats thereof until paid at ~he ra~e of ~ nine pe~ centum per annum and together with such interest shall be secured by the lien of this mortgage. 1. To pe~mit, tommit or suffer no waste, impai?rtxnt w detc~ioration of said p~operry o? sny part thereof. i , 5. To pay all and iingular the costs, char~es and expenxs, including a ressonable attorney's fee +nd costt of abstracts of ti~Ie, incur.ed or paid at ~ eny time by said MORTGAGEE, beca~se w in ~he event of the failure on Ihe pan of the said MORiGAGOR to duly, promptly and fufly pe?io~m, d~uhar9e. execute, effect, complete, comply w~~h and ab~de by each and every the stipulauons, agreemen~s, ca+di~iais, and covenants of said promiswry note and ~his matgage any or eiiher, and sa~d costs, charges and expenses, each and every, shall be immedistely due and payabte; whetFxr w not there be norice da mand, attempl to coliect a suit pcnding; and the full amount of each and every such payment shall bca? interest from the date thereot u~til paid at the rate of nine per centum ~x;r an~~um; and all said costs, cherges and expenses incurred or paid, together with such interest, shall be secured by the tien of lhis mortpage. 6. That (a) in the event of aoy breach of this lNortgage or default on the pa~t of the MORTGAG02, o? (b) in the event any of sa~d sums of money herein referred to be ~ot p~omp+ly and fully paid within thirty (30) days next after the same severa!ly become due and payabte, wiihout demand w notice, or (c) in tF+e event each and every the stipulat~ons, agreements, conditions and covenanfs of sa~d promissory note and th~s matgage any or e~~her are not ~uly, promptly ~nd fully performed, d~xharged, exetuted, effected, completed, compl~ed with and abided `~y, then in either or any such evem the said ag~ gregate sum mentioned in said promisswy note then remaining unpaid, with. interest accrued, and all moneys secured hereby, shall become due and pay- abte forthwith, or thereaiter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were originally st~pulated ro be paid on such day, anything in sa:d promisswy note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice o~ demand, suit at law or in equity, therefwe or thereaiter tegun, mey be prosecuted as if all moneya secured heroby nad matured prwr to its inslitution. ' 7. That in ~he evcnt that at the beginn~ng of or at any time pending any suit upon fhis Mort9age, or to fo?eclose it, or to refo~m it, or to enface payment of any cla~ms hereunder, said MORTGAGEE shail apply to the Court ha~ing jur~sd~cfion thereof tor the appantment of a Receive~, wch Court shail Forthwith appoint a receiver of said mortgaged property al! and singular, includ+ng all and singular the inmme, proiits, issues and revenues (rom whatever seurce derived, each snd every o( which, it be~ng expressfy understood, is hereby mortgaged as if spetifically ut fw~h and desuibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effeaive funct~ons and powers in anyw~se entrusted by a Court to a Receiver, and auch appointment shafl be made by such Court as an admitted equity and a matter of absolute right to said MOR?GAGEE, and without reference to the adrquacy a inadequaty of the value of the property r~ortgaged or to the sorvency or insolventy of said MORTGAGOR o~ the defendants, and that such reros, profits, income, issues and revenues shall be applied by svch Receiver accord~ng fo the lien or equity of said MORiGAGEE and the practice of wch Court. 8. To duly, promptly and fulty pertorm, discharge, execute, effect, comp~ete, comply wGth and ab~de by each and every the stipulations, agreements, conditans and covenanrs in sa~d promissory note and Ihis mortgage set fath. 9_ That in the event the ownership of the mortgaged prem~ses, w any.part thereof, becomes veited in a perwn other than the MORTGAGOR, the !1'IORiGAGEE, its successors and assigns, may, w~thout notice to the MORTGAOR, deat w~th such s~ccessor a svccessor in interest with reference to thu mortgage and the debt hereby secured in the same manner as with Mor~gagor w~thout in any way vitiating or d~schargi~g the Nbrtgagori liability he~e- under w upon the debt hereby sac~red. No sale of the Fremises hereby mortgaged and no (orbearance on the part of the MORTGAGEE w its successors or assg~+s and no extension of the time tor the payment of the debt h=_reby secured given by the MORTGAGEE or ies successors or auigns, shall operaee to re!ease, d~scharge, modify change or affecf 1he orFginal liability of the MORTGAGOR herein, e~ther in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligat:o~ herevnder w of fhe obligation sr c~red hereby shall at any time thereafter be hzld to be a waiver of the terms hereof or of the instrument secured herby. I 1. In add.tion to rhe forego'~~9 monthiy paym=nts of princ pal and interest required by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mo:tgagee wirh each monthly payrnero an add~tional sum esr~mated'oy mortgagee ro be equal to 1,'12 of the antiual cost of the foUow- ~ng: A-All real property taxes tevied or assessed agai~st thc above described real estate. B-Preniurns on Iire and windstorm insvrar.ce as here~n requ~red to be carried en the ~mproveme~ts s~tuate on tfie above described premises_ ~-Premiums a~ such mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee sha;I irom time to time notify mortgagor ~n writing of rhe amount due and payable hereundar and such sum shall thereupon be due and ~ ayable on the due date of the ~~ext monthty payment and each successive month thereafter ~r.til mo~tgagee shall notify mortgagw of a change in such a~-.ount. S~ch sums sF.aii be appi~ed by mertgagee toward the paymem of reat property taxes, inwrance prem:ums, and mortgage guaranty insurance , ~emiums_ I~ IN WITNE55 V'/NEREOf, the said MORTGAGOR has hereumo ut his hand and seal the day and year first aforesaid. , Sealed and delivered in the esence of: ~ n (Se+n ~ ~ K th Al 1 ~,q ~ - (~a4 € - ~ Lyi1 erry DElp (S,~an ~ SSATE OF FLORIDA ~ ~ St. Lucie u• couvn oF I ~ Kenneth Alan Delp a„d ~ Befwe me personally appeared ~ Lynn Berry Uelp hia wife, to me well known and known to me to be ~ the individuals desuibed in and who ezecuted the foregoing instrument, and acknowfedged befwe me that they executed the same for the purposes ~ therein expressed. And the said L~n Berry Delp ""`~';'''c~~., ~ Kenneth Alan Delp " ~~~Y~.- ,~vife of the said ~P~ ~~Piw~~p Rd~at! ~ examination by rtw take~ separate and apart from her s sband, ackrawledged to and befo•e me that she executed said in~r~ pr~te~ and ~ ~ carily and withaut any compufsion, constraint, apprehen ,~f ar of or r said husband. ` n- Y~ : f " ~ WITNESS my haod and official seal this- ay of June y~ ~~9~~ : ~ - y~~ . - Nmary Public in e for the State df. F~y?i{# at lar . My Comm~uion eapircs: ~ ~ ~ Retum To: 'r~~ - . ~ C -n ~ firsf Federal Savings b loan Associat~on , A~~ - ' ~r.., Of Fo+t P;erce. °v IC. $T.'~jf FiFgti A ai ~,j~RGE ' ~ E, fort Pierce, Florida • r~ 7, 1977 i ..~_r~a.r Cn =5 • i Y This Instrument Prepared By Gary F'. Ell~?ood `f~ First Federal Savings & Loan Association ST WCIr Cp ijty fi~ 2$6483 ~ of Fort Pierce, Florida RO~c'r, P:?~Tq~S CL~RK f,!~.;;~;j COURT =J Checked By RF~4F= VE~ ~tEp~~ ~ E. ; ~ D R JuN 11 9 34 AM '73 ' ~ bCClc ~ f!~ 4~ sb ; ~ _ - - - - - - - - - - ~ ~F~. ; ~ ~ 3 ~ ~,e _ ~ w. ' - n - ~ ~+~.F~ ~ .a e-'- a ~ ~ ~ e.r- 3;s3 - - ~ „ ~~...,_xv ~ . ~ . -.k . ,~.~'a `~9€`s%°~`~~