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To ptace and continuou:ly keep on the buildings now w hereafta ~itu~t~ on ~aid I~nd and on cquiP~ne^~ a^d Personslly covared by ~h+s matp- sg~, with all prem~urra ti~e~eon pa~d in iuil, i~re insuranc~ ths ui~at srandard po~~cy lorm, in s:um ~pp~ovad by th~ MORTGAGEE, ~nd w~rtds~orn+ insuranc~ in the uiual standud pot~cy fam. in • sum ~pprov~d by tht lNORTGAGEE, io such compa~y w compen~es a~~» MORIGAGEE may direttj ~nd all tirs and w~~ds~orm in~uru+ce policie~ on any of iaid buildinps, sny interest therein w p+~t lhereo~. in ~he +99«9+?~ ium aforesaid or in exceu thereof, shall conTai~ the usual ~tandard mortgsge~ ctause o~ such otha clauts ~a IM Mortpagae may requu~, makinp the los~ unde~ ~a~d po~4 cia, each and ~very. p~yable to a1d MORTGAGEE a~ iti interest msy appea?. +nd esch and every such policy ~hall be p~ornpt~Y +is.9ncd and detivered ~o •ny hetd by sa;d MORTGAGEE +s (ur~hN security to said matysQe debt, and, no~ less than ten l10) dayt in idvance of the expir~f~on o( e+ch policy, fo dr IivN to said MORTGAGEE • renewsl thereof, lopethK with a r~te~pt for Ihe prsmium of tuch rMewah ar+d tMre sMll be no fir~ w winJstorm insur~nce plat~d on ~ny of :aid buildings, any intereit thtroin or p+rt thereof, ~nkss In tM lorm and with 1h~ lou pay+ble u a(a~u~dj ~nd in ti+~ event any :um ` a of money become: payabte ~nda such pol~cy or pol+ues said MORTGAGEE ~hall Aav~ the option to receive and ~pply ~M same on account of ~M indebt ~ oeu iecured htroby a ro permit said MORTGAGORS to receivs and us~ it a any part thereof fa other purposes, .vi~hcut the+eb,r wai~iog o~ ~~npa~~• ing any pv~y, lien or righl unde~ or by virtw of tAis mortyage: and in tht event ~aid MORTGAGORS sMll for any reason fail to keep the said premises so insured, o~ fail lo deliver promptly ~oY of said policies of insvr~nce to said MORTGAGEE, w fail promptfy to pay fully any premium therefw a in ~ny ' respect fail ro perfwm, discharge, e:ecute, •ffect, tomplete, comply with and ~bids by tFus covenant, or +nY parl he~eof, ssid MORTGAGEE may piace a~d ! paY fo~ :uch insurarxs o~ any part thereof witFwW waivlnp or sftedinp ~ny option. lie~, equity, a right u~der w by virtw of this Mo+tgage. and the 1 full amount of each and every such paymeM sMll be immediately due +~d p+ysbl~ ~nd shali bea? inttrest from the datt Ihcreof ~mtil peid at the ~+~e ol nine per centum per annum and together with such inlerest shell be ~etured by tFK lien of this mort9age. 4. io pe~mit, commit w suffe? no wa~te. impairment or deterior~tion of sa;d properry or +ny put thereof. S. 7o pay all and iirpular the cosn, charges and expe~ses, includinp a reasonable attorney i fee and costs of abstracts of title, inc~rred or paid st any time by said MORTGAGEE, because or in ~he eve~t of the fa~lure on ~he psrt of the said MORTGAGOR ro duly, promp~ly snd fully perform, dixharge, ! execute, effecf, comptete, comply w~th and abide by ~ach and every tM stipula~~ons, agreements, conditions, and covenann of said p~omisw~y note and ~his mo+tgage ~ny or either, ~nd ia~d costs, charges and expeoses, each an~ every, shall be immediately due and payable; whether or not there be norice d~ mand, attempt to collett w suit pending;. and the full arravM of e~ch and every such payment shall beu interes~ irom ~he date thereof until paid a1 ths rate of ~ine per centum prr annum; and all aaid costs, chsryes snd expenses incurred w paid, together w~th iuch iMeroif, shall be secured by the lien of this i mortpsgw 6. That (a) in the event of sny b.each of this Mortgage a default on the pan of the MORTGAGOR, a(b) in the evcr+t arry of said sw++s of money he~ein referred to be no1 promptly and fully paid within thirty (30) days next after the same severally become dve aod payable, without demand o~ notice, or in the event each and eve~y ~he :ti~nrtations, agreeme~ts, conditions snd covenants of sa~d promisso~y note and th~s mo+tgs9e any a eitixr sre nof ~uly, prompNy and fuily perfwmed, d~xharged, executed, eifected, tompleted, complied with and abided by, then in eitFKr or ar?y such event the said eg gregate sum mentaned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become dw and pay~ eble tathwith, w thcreafter, ~t the option of said MORTGAGEE, aa fu~ly and comple~ely ai if all of the said sums of money were wigin~lly ttipulated to be pa7d on such day, anything i~ sa:d prom~sswy note or in this Mortgage to tix contrary notwithstanding; and thereupon w thereafter at the optan of said MORTGAGEE, without notice w dema~d, suit at law w in eq~ity, therefore or thereaftcr begurk-may~~prosec~ted as if all moneyi secured he+eby had matured p?~or to its institution. 7. That in the event that at the beginnirg of o? at any time pending any wit vpon this Mortgage, w to foreclose it, a to reform i1, or to enforce payment of sny claims hereunder, aaid MORTGAGEE shall spply to the Courf having jurisd~ction therrof ior the appointment of a Receive~, such Cou?1 shall Forthwith ~ppoint s rcceiver of said mortgaged property all and singular, includ~rg all and singufar the incorr.e, proii~s, issues and revenue~ from whateve~ so~rce derived, each and every of wh~ch, it beirg expreu~y understood, is he~eby mortgaged as if speufically set forth ~nd deau~bed in the g~anting and habendum claus~s hcreof, and such Rcceiver shall have all the b?oad and effective funa~ons and powers in anywise entrusted by s Court fo a Receiver, and s~~ch appointment shalt b! made by svch Court as an admifted equity and a matter of absolute right to said MORTGAGEE, and withovt refere~ce 1o the adequaq w inadequacy of the value of the proFerty mortgaged or to the sotvency or i~solverxy of said MORTGAGOR or the defe~dants, a~d that such renrs, profin, irxome, issues and revenues shall be applied by such Receiver according to the lien or equity oT said MORTGAGfE snd the practice of svch Court. 8. To dvly, promptly and fulfy perfwm, discharge, execute, effect, comp~ete, comply wilh and abide by esch and every the sfipulations, agreeme~ts, conditans and cov~oants in saed promissory note and this mortgage set forth_ - 9. That in the event the ownenhip of the mwtgaged premises, or any part thereof, becomes vested in s perwn other than fhe MORTGAGOR, the MORTGAGEE, its succeuws and sss~gns, may, without notice to the MORTGAOR, deal with such succeua or successor in i~terest with reference to this mor~gage and the debt heteby secured in the same manner as with Mortgagor without in any ~vay vitiating or discharging ti?e Mortgagors (iability herr under w ~pon the debt hereby secu.ed. No iale of the premises hereby mortgaged and no forbearance on the pan of the MORiGAGEE a its s~ccesson or assigns and no e:?ens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its succeasors or assigns, shall operate ~o releaae, d~scharge, modify change or a(fect the original liab~{ity of the MORTGAGOR herein, either in whoie a in part. 10. It is spec~fically agreed that time is oi the esunce of this contract and that no waiver of any oblegation hereunder or of the obligation sr cured hereby shall at any tir:K thereafier be held to be a waiver of the terms hereoi w of the instrumem secured he+by. 11. In add~t~o:+ to the forego:ng monthty payments of princ'pal and interest required by the promiuory no~e secured hereby, rnortgagor covenants and agrees to pay to m.ortgagee with each monthly payrnent an addirional sum estimated by matgagee to be equal to 1/ 12 of the annual cost of the follow- i ing: A-All real property taxes levizd or assessed against the above described real estate. 6-Premiums on fire and windstorm i~surance ss he~ein requ~red to be carried on the improvemeats situate on the above described prem'~ses. i C-Premiums on such mortgage guaranty insurance as mortgagee shall trom t~me to time deem fii to carry on the loan secured hereby. 4 Mortgagee sfiail from time to time notify mortgagor in writing of the amount due and payable hereunder and such w:n shall thereupon Lx due snd Gayable on the due date of the next monthly payment and each successive month thereafte~ ur,til mwtgagee shall notify mortgagor of a change in such amount. Such sums shatl be app!ied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranty insurance ~ p~emiums. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his haru! and seal the day snd year first afwesaid. ~ Signed, Sealed and delivered in the presence of: - \l a4 ~ ~ 3ea4 ~ rxa4 ~ ' ~Seaq ~ z ~ STATE OF FCORIDA ~ ) counmr oF St . Lucie i~ Before me penonally appeared H. Pau 1 St ewa r t ~ ~Ll t}'1 t e wa r t his wife, to me well known and known fo me fo bs rhe individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same fw the purposes ~ therein exP.~d. ~a t~ ~~d Ruth D Stewart wife of the said H. Paul Steivart upon a uparate and privsts ~ ~ examination by me taken scparate and apart from her said husband, atknowledged to and befwe me that she ezecuted said instrument freely and volurr ~ rarily and wi~hout any compulsioo, constraint, apprehens~on, w fear of w from her said husband. ~ lSth une a a i9 73 WITNESS my hand and offic7al seal this day of ~ fiuo ~NO aEC e ~ ~ . ST.IUCIE COU Notery Pu K in end fw the State of Florida ~t larye ROCER POITRAS My Comm~ssion expires: ( • CIERK CIc~CWT COUitT ,N~»a ~ Rerom To: REC8R0 YER=FIEO~,.~~ , ~ '~%i~. ~ first Federal Savings b Loan Association • • t~ t ~ ' ~n yj Of Fort P~erce. . i`;, :f;.S(~+1E e~ F.ORtDA~`~~~h~+', ~4i Fort Pierte, f?orida •1~r 1D 9 si AH'13 ~ ~~;'h ExPIRES 1RY~7J1~~~ '~j-~~~~ _ , A.~r.enian Banksrs Iu~N~'~' v• ; ~ n~ l~c~ 2S'71'7(1 ~;~~z~ a~ - a ~ , . : ~ - ~ _ ~ . - : ~ . _ - ~ ; ~ i ~ _ • ; o : _ ~ = - , ~ ~ This Instrument Prepared By Richa~d K. Kayes • O~'~ ; i ~ ~ -J ' - 1 • : . First Federal Savin gs 8~ Loan Association ~ 4~ s~' . , r ~C ~ ~ • ~ - of Fort Piercy Floridd ' , "'.y %~c- ~ St . . , . . ~ Checked By ~ ~ - ~~i5 ~i565 - ~ _ _ - --~a~ , _ - - - - - - - - ~~y~~+ ~v5~v ~ t 4 ~ ~'~'.s't±-~'.`,~'SY~v~'~°~"s~``FU-C?..`~'_.~-m, c _ _ . .S~;z`rP"" i~ ~