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To place and continuously keep o~ the b~i!dings now a h~reait~r ~itu~te on said t~nd and o~ a~~ equipment u~d penon+~~y cov~red by ~his mwt¢ ags, with al) premivmf thercon pa~d in full, fire insuro~c~ in ths ususl srandard policy fotm, in • sum approved by rhs MORTGAGEE, and wind~~o~m inswanc~ In ~M viual ftandard po~~cy fam, in a sum ~pproved by tM AFORTGAGEE, in fucA co+nPsnY o~ comW^~e~ ~s ~M MORiGAGEE may dired; ~nd all firs and winditwm in~unnce policies on any of ia~d build~nys, any in~eres~ thercin w part ~hereof, i~ ti+~ ayyre9aee sum ~(oreu~d a ~ in ~xcess Ihereof. iMll cw+ta7n the usual itandard mor~9a9es clause a such o~ha clau~ ~s ~M Mo+t9sgee m~y ~eq~~r~, ma?inp ~he Io~s unde~ sa~d poli~ cies, cech and every, payabl~ ro s~id MORTGAGEE as its interest m~y ~ppea~, and each and avery t~ch pol~cy sh~ll be promptly ~u gned and del~vered ~o eny held by said MORTGAGEE as (urther iccurity lo said mat~aye debt, and, not leu than ten (10I dayi in sdvance of ths tapiration of each policy, to dr I+ver fo said MORTGAGEE e rtnowal therwf, to9tthet with ~ reccipt for the premivm of cuch renewsl; and then thsll be no fire w windstam iniuranc~ placed on ~ny of :a~d bvildiny~. sny iMereal tF?erein w put thereof, unless in the fo~m and with tM los~ p+Yable as a4aeuid: +nd in the event any sum of rtiw~sy becomea payaWe ~nder such policy w policies said MORTGAGEE shatl Mve ths optia~ ~o receive snd apply ths s+m~ on sccouro o( ~he indebted~ ~ neu secured hereby a to permit said MORTGAGORS to ~eceive and uu it a any parl thereof iw other purposes, w~~hout 1h~rru~ wa~vi~y or ~~npa~r- ! ing ~ny pulty, lien a righl under or by virtue of ~hii mo:tg+fle; u}d in Ihe even~ wid MORTGAGORS shall fw sny reason fail to kecp the ~aid p~emius ~o insured, p iail to deliver promptly any of ~aid polities of intursncs fo said lNORTGAGEE, w fail promptly to pay futly sny prem~um therefor w in a~y respect fail W pe~form, dischargs, execute, e(fed, complete, comply with ~nd +bids by this covenant, a+ny part hereof, said MORTGAGEE may p~ace and pay fw such insu~ance a ~ny part thertof without w~ivi~?g ot affettirg any option. litn. equity, w righl unda w by virtue of this Morlpage. and tF~e ~ full amounl of each and every such payment shall be immedi~tely dw a~d p+yable ~~d ahall bear interest irom ths datt thereof until paid ~t ths rate oi n~ne psr centum pe. annum and toge?he~ with such inte~est shatl be seeurcd 'oy the lien ot this mortg+ge. t. To permit, commit or suffe? no waste, impairment w deter~ation of said property a any part thereof. 5. To psy all a~d ting~lu the costs, charges and expenses, including s reasonsble attu~ey's fec and cos?i of abstrads o( title, incurred w pa~d af ; any time by sa~d MORTGAG:E, because w in the evenl of the failv?e on the part of the said MORTGAGOR to dulY. P~~^p~~Y fully perfwm, d~uharge, , execute, ei(ect, compkte, comply with and ablde by each and every the stipvlations, sgreements, conditions, snd covenams of said promissory no~e and this ' matga9e any p a~hr. and said costs, charges and expenses, each and every. sMll bs immediately dw ~nd payable: whether a not there be no~ice d~ mand, attempt to colkct o~ iuit pending; and the full amourtt of each and every such payment th~ll bea? interes~ from the dete ~Mreof until paid a~ the rate of n~~e per centum per aru~um; and all said costs, charges and exzsenses incurred o~ paid, togelher w~th such interesL ahall be secured by the lie~? of tha mortpaye. f 6. 71~at (e) in the event of any brcach of this Mortgage ot default o~ the paA of the MORTGAGOR, or (b) in the event any of iaid sums of mooty ; herein refe~red to be not promplly and fvlly paid within lhirty {3p) days ~ext after tF?e same_ xvmally becorr~e due snd payable, without demand or notice. ? or (rJ in the event each and every the stipulatiwu, agreements, conditio~s and covensnts of sa~d promisw~y rwte and th~s morlgage any or either are nol ' ~ iuly, promptly and fu11y perfwmed, discharged, executed, eifected, tompleted, complied with and abided by, then in either w any s~th event the said ag gregste sum mentaned in said promissory n.>te then remaining ~npsid, with interest accrved, and all moneys secured hertby, shall betomt dve and pay- able fwthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as it all of the said sums of money were aginally st~putated ro be pa~d on such day, anything in sa~d promisiory note or in this Mwtgage to 1M con~rary notwithstanding; and tFro~evpon w ~hereafter at the option of sa~d MORTGAGEE, without notice or demand, suit at taw or in eqvily, therefwe w thereaher begvn, may be prosecuted as if all moneys secured hereby had malured pnor to its institution. 7. 7hat in the event that at the beginning of or at any time pending any suit upon ~his Matgage, or to fwetlose it, a to refam iL w to enforce ' payme~t of sny claims he~eunder, said MORTGAGEE shall apply to the Court having jurisd;aion thereof fw the appointmen~ of s Receiver, such Court shall ! Forrhwith appoint s ~eceiver of said morigaged property al~ and siny~lar, includ~ng all and singular the i~come, profits, issues and revenues iran whateve~ ~ seutss derired, each and every of which, it being expressly understood, is hereby mw~gaged as if speufically set forth and deuribed in the 9ranting and h~bendum clauses hereof, and svch Receiver shall have all the broad and effective funcnons and powers in ~nyw~se entrusted by a Court to a Receive~, and a~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to taid MORTGAGEE, arsd without reference to the adequaty o~ inadeqwcy of the value of the property mortgaged w to the sotvency or inso:vency o1 sa~d MORTGA~'iOR a the defendann, and that such re~n, profits, incwne, iuues and revmues shall be applied by such Receiver accwding to the iien or equity of ssid MORiGAGEE and the practice of such ; . Court. ~ 8. To duly, pranptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipu~ations, agreements, ~ condiiwns and covenants in sa~d promissory note and this mortgage set fwth_ t 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person othe~ than the MORTGAGOR, tF~e ~ MOR7GAGEE, its successors and auigns, may, withwt notice to the MORTGAOR, deal with such successor w sutcessor in interest with refe~ente to this mortgage and the debt hereby secured in the same manner as with Mongaga without in any way vitiating w discharging the Mo?tgagors' liability herr under or upon the debf hereby secured. No sate of the premixs hereby mortgaged and no fabearante on the pan of the MORTGAGEE w its successors or assigns and reo extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w assigns,- ahall operate to release, d~xharge, mo~i~fy change a affect the original liabil~ty of the MORTGAGOR herein, either in wF?ole w in part. 10. It is spec~ficalfy agreed that time is of the essence of this contract and that no waiver of any obl~gaYan hereunder a of the obligation se- : cured hereby shalt at any time thereafter be he!d to be a waiver of the terms hereof w of the instrument secured herby. ll. In add~tion to the forego:ng monthly payments of princ'pat and intere:r required by the prom~ssory nore secured hereby, mortgagor covenants and agrees to pay to mo:tgagee wi~h each monthly payment an add~rional sum estim.ated by mortgagee to Ne equal to 1 j 12 af the annual cost of ihe folbw- ` ing: ~ A-AI~ real property taxes levied w assessed against the above described real estate. j ; B-Premiums on tire and windstorm insurar.ce at herein ?equ~red ro be carried on the improvements situate oo the above described premises. : C-Premiums on such mortgage guaranty insurar.ce as mortgagee shall (rcm time to time deem fit to carry o~ the laan secured hereby. ~ ~ Mortgagee shall from time to tirtr_ notify mortgagor i~ writing of the amount due and paysble hereunder and such sum shall thereupon be due and ~ ~ cayable on the due date of the next monthly payrrwnt and each successive month thereafier ur.til mortgagee shall notify mwtgagw of a change in such ~ aTount_ Suth sums sF.all be a lied b mort a ee toward the ment of real ro rt taxes, insurance em:ums, and mwt e uarant insurance f PP Y 9 9 PaY P Pe Y P~ 9a9 9 Y premiums. ~ IN WITNE55 WNEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a~d year first aforesaid. Signed, Sealed and delivered in t e preaence of: ~ _ •n ' g _ (Sesq ; ~ (Sea4 . ~s~n STATE OF FLORIDA ~ - COUNTY OF St. Lucie ~ ~ ~ Befwe me personally appeared hielvin C. Denmon a„d Sandra Denmon his wife, to me well known and known to me to be the individ~als deur~bd in and who executed the fwegoing instrument, and acknowledged before me tFwt they executed the same fw the purposes ~ therein ~x~.~a. A~d t~ said ~ndra Denmon ~ Y~;fe of the ~~d Melvin C. DeIlIIIOrI upo~ a separate snd privats ~ e,amination by me taken separate and apart from her said h~sband, etknowledged to and befwe me that she execvted said instrumtnt freely and volu~- !arily and without any compulsion, comtraint, apprehent,~~qq~~r fear of or from her said husband. r ~ WITNESS my hand and offic~al seal this dsy of June A, D. 19 73 ~ t~ s fl~f~ ~0 RECQROEP < z; st. U~CIE COUNTT • ~ ROCER P0ITRAS Notary Public in and for t State Flwids,}~t~l,slge ` CLERK CiRCU1T COURT My Commiu'w~ exp+res: , i,.M•' ~ -~i~~, ~ ~ Retum To: ` d - li ` c First Federal Savings ~ loan Associarion RECOP.O VERtF1f0..~~ ~ ~ Of Fort PSerce. ~ ~u 1~ ~ ` ' ~ Fort Pierce, Florida ~ ~O n ~ ~ • n .U • ! ~ gJ~..~.~. ~ ~ / I,ll •P,Y qe4~ ~ ; t f t'. ~ ^ E 0~ r ; r ~ I~r~ ~.1~~~ Q„/rc~'` _ : S~A? 4p~ = ; J/~,,,~ t~a~~:~~ F7(PtRESI~• ~ ~ ~ ~ ~~i • .:x~daura~l9 ~ ~ ~ 4 ~ This Instrument Prepared By Richard K. Kayes s~ i"' F i r s t F e d er al Savin gs 8~ Loan Association ~ s ~,1, c , of Fort Pierce ~ Fla. ' . . ~ Checked By ~ 3 ~ 1 ~A R ~#Cf j ~ LUUK ~ ~ ~ _ _ . - . ~ _ . . _ _ . _ _ _ .~a~