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To place and conrinuously kcep on the bui'd~ngs now o~ hereaiter ~~tuate on sa~d land and o~ all equ~p~nent and pe~sona!ly covered by this matg ags, with all ptemiums thereon pa~d in full, fire insurante in the u~ual titandard po~ity form, in a sum apptored by the MORIGAGEE, and w~ndstorm insurance ln tM usua) standard po~~cy Iam, i~ • sum approved by the MORTGAGEE, in fuch canpany or canpan~es as the MORTGAGEE i+++y dircct; and alI (irs and w~ndstorm insurance pol~ciet on +nY of said build~n~s, any i~?erest therein w par~ thereof, in ~ht sggreg~~e sum ataesa~d a in exces~ thereof, ihall conrain ~Ae usual standard mwr9agee clause w such o~ha dause ~i ~M Mo.~gagee may requ~re, maAing tM los~ under sa~d pol~ cies, e~ch and evcry, payab!e to sa~d MORTGAGEE +s ~ts intereit may appear. ~nd cach and eve~y s~ch pot~cy sha1~ be prompt~y ass gned and deliverrd ~o sny held by ssid MORiGAGEE as furthe? iecurity to isid mw~9ags debt, and, not ~eu ~han ten (101 days in advance of the e:pir~~~on oi each policy, to da I~ver to said MORiGAGEE a renawal thereof, to~etFwr with a receipl io~ Ihe p~emium of suth renewal; and ~hera shail be ra i~re or windsto~~n inaurance placed on any of said buitdinys, any imerest Iherein w pa~t thercof, ~nless in the form and wiih ths ~oss payable ss afwesaid; and in the event any ium of money becomes payable under s~ch policy o~ po~ic~es said MORTGAGEE shatl havs the opt~on to rece~ve and apply ~he same on accoun~ o! the indebied~ nesa secu~ed hereby o~ to permN said MORTGAGORS to reteive and use it p any part thereol 1or osnc~ purpose~, v.~~ho~t ih~..u~ waivi~~g or u~~pa~r- inq ~ny equity, tien w righl unde? a by virtue of thia moz!Daga; and in the event uid MORTGAGORS shall fw any reason fail to keep the said p~emisrs w ~nsured, or fail fo deliver promptly ~ny of said policies oi in~vrsnce to sa~d MORTGAGEE, or foi~ promp~ly to pay fulty any pre~~uum therefor o~ in a~~ respect fail to periam, distharge, execute, eff~tl, complete, comply wi~h and abids by this tovenant, or any pa~t hareof, :a~d MORiGAGEE may piace a~~d pay fw such i~surance or any part thereof without waiving or afiecting any option, lien, equity, or righf under or by virtue of this Mo~tgage, and thc futl amouro of each and e~•~.y such paymenl shall be immedi~t~ly due and payable and ihall Cear interest fran ~he date ~hereof until pa~d at ~he rate ol n~ne pe~ centum pe~ annum and together with iuch interest shalf be srcured by the lien of this mortgage. 1. To permit, commit or sufier no waste, impairment w deterioration of sa;d propcrty w any part the~eof. 5. To pay all and singut~~ the costs, charges and expenus, inclvding s reasonabls attwney's fee a~d costs of abstracts of title, incu?red or pa~d at any time by sa~d MORTGAGEE, because or in 1he evem of the failure on the part of the said MORTGAGOR to duty, promp~ly snd fully periorm, d+scha~ge. execute, effect, comptete, comp~y with and ab~de by each and every the stipulations, agremnents, conditions, and mvenants of said promissory note and ?his mortgage any or either, and said costs, charges and expenses, each and every, shslt be immediately due and payabte; whether w not the~e be not~ce de mand, attempt to cottect or suit pend~ng; a~d the full amount of each and eveiy svch paymen~ shall bea. interest from the date thereot u~Gl paid at the ~.ite of nine oer centum per annum; and all said costs, charges and expeMes incurred a paid, ~ogether w~tn such interest, ahall be secured by the lien of thls mortgage. b. Thst (a) in the event of any brsach of this Mortgage o~ defaul? on the part of fhe MORTGAGOR, w(b) in the event eny of ss7d sums of money herein refe~red to be not promplly and fully paid within thuty (30) days next•af~er Ihe sanu severalty become due and payable, without dema~d or notice, or (c) in the event each and every the stiputations, sgreements, co~ditions and covenants of sa;d promissory nore and th~s mortgage any w e~~her are not ~uly, promptly and fulty performed, d~scharged, executed, eftected, tompleted, complied with and aaided 5y, then in either a any iuth event the said ag gregate sum mentioned in said promissay note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay- able forthwith, or thereafter, at the opfion of said MORTGAGEE, as fvlly and completely as if all of the sa~d sums of money were wigi~ally tt~pu~ated to be pa~d on such day, anything in sa:d pranissory note or in this Mortgage ~o ehe con~rary notwithstand~ng; and thereupon w thereafter at the op+~on of sa;d MORTGAGEE, without not~ce or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if aIl moneys secured hereby n~d matured pnor to ~ts institution. 7. That in the evenf Ihat at the beginning of or at any time pending any suit upon this M~rlgage, w to fweclose it, w to reform it, or to enforte payment of any tlaims hereunder, s++id MORTGAGEE shall apply to the Cour~ having ~u~~ad~ction Ihereof fw the appo~ntment of a Receiver, such Court shail ferthwith appo~nt a receiver of said mortgaged property all and s~ngular, includ~ng atl and singu~ar the income, p~oi~ts, issues and revenues from whetever so~rce derived, each and every of which, it be~rg expressty understood, is hereby mortgaged as if speufically xt for~h and desuibed in the granting and habendum clauses hereof, and such Receiver shalt Mve alt ~he broad and effecrive funchons and powers in anyw~se entrusted by a Court to a Receiver, and s~ch appo~ntment shall be made by such Court as an admitted equity and a matter of a4solute right to said MOR~GAGEE, and without reference to the adequacy w inade~uacy of the value of the property mortgaged or to the soivency w~~solvency of said MORiGAGOR or the defendants, and that such renrs, profits, income, iuues and revenues shall be applied by :uch Receiver according to the Iten o? equity of said MORTGAGEE and the practice oi such Coutt. 8_ To duty, promptly and fully perform, discharge, execute, effect, complete, comp~y with and abide by each and every the stipulalions, agreements, conditans and covenanrs in sa~d promissory n~te and this mortgage set forth. ' 9_ That in the event tF~e ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, ihe h'.ORTGAGEE, its successws and assigns, may, wi~hout notice to the MORTGAOR, deal witn such successor a successw in interest with refere~ce to thia mo:tgage and the debt hereby secured in the same manner as with Mortgagor without in any way viliating w d~xharging Ihe Mortgagori liability txro- .,nder ot upon the debt hereby sec~red. No sale of the premises hereby mortgaged and no iorbearanca on the part of the MORTGAGEE o~ its successors or assig~s and no extension of the time for the payment of Ihe debt hereby sec~red given by the MORTGAGEE or its successors ot ass~gns, ahall operate ~o release, d~scharge, modify change or affetl the original lijbilny of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- cured hereby shall at any time thereafier be hefd to be a waiver of the terms hereof w of the instrument secured herby. 11. In a~d~tio~ to the forego:ng monthly paymeRts of princ',pal and interest requ~red by the promissory nore secured hereby, rrwrtgagar covenants ~~,d agrees to pay to mo-tgagee with each mo~thiy paymeM an add~rional sum est~rc~a~ed by mortgagee to be equal to 1 j 12 of the annual cost of the folla+v- in~: ' A-All real property taxas levied or assessed against the above desvibed real•estate. B-Premiums oo fire and w~ndstorm insurar.ce as herein requ;red to be carried on the ~mproveme~ts s~tuate on the above descriE,ed premises. C-Prem~ums on s„ch mortgage guaranty ir.surar~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. i Mortgagee shail from time to rime no~ify mortgagor ;n writing of the amount d~e and payable hereunder and such sum shatl thereupon be due and ~ r3yable o~ the dve date of ~he next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor ef a change in such ~ ;•,ount. Such sums sha?I be a p!ied b mat a e toward the ayment of reat ro rt taxes, insurance em:ums, and morf a e uarant insurante ~ P Y 9 9° R P Pe ~ P~ 9 9 9 Y ~ p~emiums. j IN YlITNESS V'1HEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year irst aloresaid. F ~ S' ned, Sealed and delivered in the presence of: . ~ (Sea4 ~ A~c 1! ~ All (~aq ~ ~ _ . . ~ ' /~~,G~y {Sean ~ ~ Lucille A11P11 (5ea1) ~ STATE Of FLORIDA ~ • St. I.ucie COUNTY OF ~ ~ Befwe me perw~afly appeared - Al'bie w• ~ZE11 and Lt1C~11@ All@!1 _ h~s wiie, to me well krawn and known to me to be !he ind;viduaf~ desuibed in and who executed the fwegoiny instrumeM, and scknowtedged before me that they executed the same for the purposes therein expressed. And the said Lueille ~l!!1 x~fe of the said ~1'bi~ w• ~l~n upon e separate and private examinat:an by me t~ken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun- ~ rarily and w~,~hp~t:eqrl~~`on+pidsioo, constra;nt, apprehens:on, w ear of ar from her uid husband_ ~ yFli~SC~m~and oHicial xal thi day of J~1e A. D. 19 73 ~ _ - - ~ - _ - ~ • _ _ ~~'P y•~ ;~L; Natary Pubtic in snd for the at of Fbrids at Larye - - : ~s ~ : ~ - My Comm~ssion expires: - ~ ~ ~ •Reij+M•TQi ; _ r~ ; F °y~' ~irst'feddraT Savi^js~ ~A jlssociation ~ ' ' P(; 4~ 1fa'1~$~r~J ~ N,bry ~„biy sa~. of Nodde s L~ ~ ~'.~~~•.jo~: P~P~. ~I&1da ~r G~sdN~ E~m Od. ~Q. 1l7~ s.. _ - r r...uolh Co. zz / ~ ~ . . bq Amlrican K ~ ~ , /!LEO ANO IIECpRDED fT.IUCIC COUNT1f fLA. This Instrument Prepared B~tT. H. ROb@=tS~ JY• ' R06Cf FOtTRAS First Federal Savings 8~ Loan Association CIER~ CIF.CU~T COURt of Fort Piercq Rlo=3.de1 R~~4~~ ~Eg~r~E~ ~ Checked By ~Ij Z~ 2 33 PM `E~--.--- ~ oR goo~21~J PacEz~%~ 25`76'74 _ _ - - - - ~ ~ ~ ; ? v ~ ~ ; - _ ."~'x~a~r s _ _ -