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To p~ace and continuous~y kcep on ~he bui!di~gs now or herea(ter ~~tuate on said I~nd and on ati equipmenl and per~onally cuvered by ~his mortg- ags, w~th all premiums ~hrrcon pa~d in full, fire insw~nce the usuai seandar! po~~q form, in s tum approved by the MORIGAGEE, and windi~o~m ir,suranta in the usual t~endard pol:cy fwm, in a sum appro~ed by the MORTGACaEE, in such tanpa~y or companies as th~ MORTGAGEE may diretl; and all fire and w~ndatorm insuranta polic~es on any of said build~nys. any intcrest fherei~ or parl Ihereof, in Ihe ~ggre9+te sum aforesaid or in eacess thcreof, shall contain the usual sranda~d matgagee clause o~ such o~F.er clauss as tha Mwt9sgee may requ~rs, makin~ Ihe loss unde~ sa~d po~N c+es, each and every, payable to said MORiGAGEE as irs interest may appear, and each and every iuch po~icy shall be eromptly ais.gned and dclivered ~o any held by said MORTGAGEE as further aecurity to said mortgage deb1, and, ~o~ leu thjn ten (10) daya in adv~nce ol the txpir~fion of each pot~cy, to da I~ver to said MORTGAGEE a renewal thereof, together with a rece~pt (or ~he pre:n~um oi such renewal; snd there shatl be no i~re or winds~orm inwrsnce placed on any of said build~ngs. ~ny interest thers~n or psr~ thereof, unless in the fo~m and wifh the lou payable at afwesaid; and in the event any sum of money becomes payable u~der such poliq or pol~cias said MORTGAGEE shall -have tF?e opt~on to reteive and apply tMe sanx on account of the indabred- ness secwed he.eby or to permit sa~d MORTGAGORS to receive and uss it w any pa~t ~hereof ior o:he~ pur~wses, ~v~rho~t th_+. o~ wa~++~~9 0~ ~~~~p.~~~- ing any equity, lien w righl under a by virtue of this mo~!gage; arsd in the evenl sa~d MORTGAGORS shall for any reason fail lo keep the sa~d premisrs so insured, or fail to de~~ver promptly sny of said polities of insurante to sa~d MORIGAGEE, or fail promptly fo pay fully any pre~mvm thcrefw w in a~y respect fail to pe~form, discharge, e:ecuta, eifed, complete, comply with and abide by this tovenant, or any parl hereof, said MORTGAGEE may place and pay Fa such insurance or any part thereaf without waiving or alfectirtg any optio~, lien, equity, or right-unde? w by virtue of this Morfgage, and tht full amounl of each and every such payment shalt be immediately due and payable and shall bear interest from the date thereof until pa+d at the rare ol nine per centum per annum and ~o~ethe~ with such iroerest shali be secur~d by the lien o~ this mortgage. 1. To permit, comm~t or suffer no wa3te, impairment or deteriaation of said property w any part thereof. • 5. To pay all and singular the costa, charges and expenses, including a reasonable anorney i fee and wst~ of abstracts of title, incurred or paid at any time by aaid MORTGAGEf, because w in the event of the fa~lure on the pa~t of the said MORTfiAGOR so duly, promplly and fully per(orm, d~xharge. exrcute, effec~, compie~e, comply w~th and ab:de by each and every the stip~,lat~ons, agreements, conditioni, and covenants of sa~d promissory notc and ~hi~ mortgage any or ei~her, snd said costs, charges and expenses, each and every, ahall be immed~ately due and psyablo; whe~her w not there be norice da mand, attempt to coliecr or suit pend~ng; and the tull amount of each and e~ery such payir~ent snail bear interest from the dafe thereof until paid at the rare of n~ne per cent~m p~:r anuu:n; arw al~ said costs, tharges and ezpenses intuned w paid, togethtr wuh such interest, shall be secured by the hen ot this mMt939Q. ~ . 6. That (a) in the event of any breach of this Mwtgage or default on the part of the MOl2TGAGOR, or (b) in the eveN any of said sums of money herein ~eferred to be not pra»ptly and fully paid within thirty (30) days next aiter 1he same severalfy become due and payable, wi~hout demand o? notice, or (c) in the event each and every the stiputa~ions, a9reements, conditions and covenants of sa:d promissory note and th~a mortgage any w ei~her are no1 iuly, promprly and lully periormed, d~scharged, executed, effected, completed, complied wi~h and abided by, then in either w any auch event Ihe ia~d ag- gregate aum mentioned in said promissory note then remaining vopaid, with inte~est accrued, and a11 moneys secured hereby, sha~l become d~e and pay- able forthwith, or thereafter, at the option of sa~d MORTGAGEE, as fully and comple~e~y as il all of the said sums of mo~ey were or~ginally st~pulated to be pa:d o~ s~ch day, anything in sa:d promisswy note o~ in this Mwtgage to the contrary notwithstanding; and thereupon a thereafter at the op~ion of said MORTGAGEE, w~thout notice or demand, suit at law w in equAy, therefore o~ thereaiter begun, may be prosecuted as if all moneys secured hereby n~d matured pr~w lo As institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, w to foreclose it, or to reform it, or to enforce payment of any claims he~eunder, said A10RTGAGEE shalt apply to the Cour~ having ju~isd~ction thereof fw the eppo~ntment of a Receiver, such tourt shafl furthwith appoint a receiver o( said mortgaged property all and singular, includ~ng alt and singular the income, protits, issues and reve~ues from whateve~ se~rce derived, each and every of wh;ch, it be~ng expressly understood, is hereby mortgaged es if spec~fically set forth and destribed in the granring and habendum clauses hereof, and such Receiver shall have aIl the b+oad and effective funct~ons a~d powers in anywise entrusted by a Co~rt !o a Receiver, and s_ch appointment shall be made by such Cou~t as an acimirted eqvity and a matter of absolute right to said MORTGAGEE, and without reference to the edequacy w inadequacy o1 the value of the property mortgaged w to the so~vency w~nso~vency of said MORiGAGOR or the defendants, a~d that such ran~s, profits, income, is~ues and reyenues :hall be apptied by such Receiver accord~ng to the lien or equity of wid MORTGAGEE and !he practice of such Court. 8. To duly, promptly and fully perform, diuharge, exec~tc, effect, complete, comp~y wi~h and abide by each and every the stipulations, agreements.- :onditions and covenants in sa~d prom9sswy note and this mortgage set fwth. 9. Thal in the event the ownership of the mortgaged premises, or any part thereof, becomes vest~d in a person other than the MORTGAGOR, the :',ORTGAGEE, its successws and ass~gns, may, without norice to the MORTGAOR, deat with such successw or successor in iMe~est w~th re(erence to this mo•tgage and the debt hereby setured in the same manner as wiih Mortgagor without in any way vitiating or dixharging the Mor:~agors' liability Fxrr ~nder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearar.~e on the part of ~he /dORTGAGEE or its successors or assigns and no ex~ension of the time for the payment of the debt hereby sxured given by the MORTGAGEE or its successors or auigns, a~iali operate re re~ease, dascharge, modify ch~ange or affect the original liab~t~ty of the MORiGAGOR herein, either in whole w in part. 10. ~t is specif~cally agreed that time is of the essence of this contrazt and that no waiver of any obtigat~on hereunder w of the obligation sr cored h~ereby ahati at any time thereafter be he:d to be a waiver of the terms hereof or of the instrument secured herby. ll. In add~tlo~ to the forego:n9 momhly paym~nts of princ'paf and interest requ~red by the prom~ssory note secured hereb~, mortgagor tovenanis e~ d agrees to pay ~o mo:tgagee ~nah each mo~thly pa~.:,ent an add.~ional s~m esr~. ated by mortgagee to be equal to 1%12 of the annual cost of the follow- n3: , A-All real property taxrs leviec' or assessed aga~•ist thc above desc.ibed real estate. 8-Prem~ums on i~ra qnd windsronn insurance as herein req~~red lo be ca~ried" on the improveme~ts s~tuate on the above dasc~ibed premises. C-Premiums on such mortg;ge 9uaranty insurar.:e as nwrrgagee shaR from t me to time deem fit to wrry on the loan secured hereby. ' blortgagee sna:l from time to time notify mortgagor in r.riting of the smoum due ar.d payabte hereunder and such sum shall thereupon be due and ~ F-ayable on the due dare of the next monthiy payment and each succe:sive month thereafter ur,til mwtgagee shall notify mortgagor of a change in such ~ a^,ount. Such sums shail be appiied by mortgagee toward the payment of reai property ta:es, i~surance p~em.ums, and mortgage guaraMy insurance ~ ~ ~•emiums. . ! IN WITPJE55 `NHEREOF, the said MORTGAGO~ has hereunfo set his har.d ar~d seal th~ day and year first afwesaid. i € ~gned, Sealed and eliver in the presence of: ~ ~ ; -!t_.l ~ \ ~ _tM,vo ~ I~;+ R~ I ~ ~ . / ~s~ c/ (Seaq 3 - . fi, L~1~1E +C Y flA~. ~ R4SCF F4nU~ L tSea1) ' CLf P,1( Ct*`.CUt* LOSlRT t5eaq § ~ RECOR~i YEk•f~E~~~ ~ _ - rSesl) ~ STATE OF FLORIDA t ~w 11 l0 ~z N!'13 IVV ~ cOUNTY OF St . Lucie ; ~ Before me personaily appeared ~na L. Fisher, a single ddlllt XiK7 r~e~to rt+e well known and known fo me to be ~ the individualX desuibed in and who executed the foregoing instrument, and acknow:edged before me that .St~ executed the same 1w the purposes ~ tnerein expressed. ~~71~4?~e~s~~ ~ ~c3caaK ~ -.~X~GbisGDf~~?~63Exalt~dx~f3faX~6ac~X?KbiDf~i~Cs1G7[XJ~3ib6X~ ac~6X~if~GsX]i,ll]5~t7~IKXXe~fi+16~CYa7~i3Eil(~1624~JC1i.liqc]G~117~4~x ~ td4)¢7~DfDGi~IbGKX+~1C26~6~4r?f~i?~ I6~G~6K~r~i~~~~' ~s~e7~ ~ YlITNE55 my hand and official seal this-.~ day of Ma A. D. 19 73 - - =~~c~-.: Notary Public in and for the~5late of Flwids st Large '~i My Comm~ssion expires: ~ Ret~m iar- ' ~ r} First Federal Savings 3 Loan Association - Of Fo~t P:c*ce ~i3TARY PUBUC• STATE d FLOR~~A st lA~~ rnuw~iS10N fXPIRES lAp. 7. 19n .K.~:.:. ` . Bo~d~d B~ A~~ B~~s .tw!!!'P11~we:y 5 ~'r, ~ . . ~ ' ; . This Instrument Prepared By Richard K. Kayes , ' ~ _ ~ First Federal Savings & Loan Association i~ s ;y of Fort Pierce ~ Florida ~ ' ` ~ ~ . - ~ ~ ~ C- - Ch ker! By . ~ ~ : J~~~~"''~~'~ ~ ~ooK 2~5 o~~f 2~.~ F. ~ . . - . . ~ - - - ~ ~ . _ - _ sg- ~~~~ya, ~ ~ ~ . . . ~ ~ . . . .r ~ w _ +^`~.~E'v~r~-`