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To p~ace and continuously keep on the bui'dingt now o~ herealter ~;Iuele on said land and on alt eq~ipment and pe~sonally covered by this mortg- age, with all premiums ~hercon pa~d ~n fu11, lire insuran<e in the usual iundard policy iorm, in a sum app+oved by tRe MOR(GAGEE, a~d w~ndstorm in~urance in the ut~sl standa~d pol~cy (o~m, in • sum •pproved by IM htOR1GAGEE, in such co~»pany o~ canpanies ~s th~ IY.ORit,AGEE msy d~rect; u+d all li~s and w;ndstorm in~urance pol~cie~ on sny of sa'~d build~ngs, any ime~est therein or pait thnreol, in tM aggregate sum a4orosaid a . in exccss Ihereof, shsll contain ~he usual standard mor~gagee clause a such o~her cl~uw as ~he Mwtgagee may requ+rs, makin~ the 10~~ ur+der s~~d poli- ues, each and every, payob~e to sa~d MORTGAGEE af its interesi mey appear, and each and every iuch policy shall be p~omptly ass gned a~~d delive~ed ro sny hetd by said MORTGAGEE aa lur~her security ta said mo~Igage debt, and, not leu than ~en (10) days in ad~ance of the expirat~on of e~ch pol~cy, to d~- l~ver to sa~d MORTGAGEE a renewal ~hereof, toge~her w~1h e rece~pt fw the pre~nlum of ~uch renrwal; and there sha11 be no f,re o~ w~ndstoi~n i~surance placed on any of said bui{dinga, any inte~est thHe~n ot part thereof, un{ess in ~he form snd w~th the loss payable as aforesaid; and in the event any sum 01 money becomes payable under such policy o~ policiea said MORiGAGEE shall have the option to ~ec~~ve and apply the w~ne on acco~nl of the indebtrd- ness sec~red hereby w to pe~mi! ~aid MORTGAGORS to receive and use it p any part thereof tor othcr pu~F•os~s, ~.~~h~.,,~ th~~~u~ .va~.~,~q ar ~~„p.,,r- ing any equ~ty, lie~ a righr under w by virlue of thii mortgsge; and in the event sa~d MORTGAGORS shall (or any reason fail to keep the sa~d premisrs so insured, W(ail to deliver prompNy a~y of said poGties o+ insurance to said MORiGAGEE, w fad promptly to pay fuily any premium thcrelur or in any respecl iail to perlam, d~scha~ge, execute, effect, cm~plete, tomply with and abide by thit covenant, or any par~ htreof, said MGRiGAGEE may plec~ e=~d p++y (w such i~surance or any part thereof without waiving or affecting any optiun, lien, equity, or righ~ unde~ or Cy virwe of ~his Mortgape, a~d tht f~ll amounr of each and eve~y such paymem ~ball be ]mmediately due and payable and shall bear imere~t lrom the date thereof un~il po~d at the rate of rune per centum per annum and to~ether wi~A such interest shall be secured by the lien oi this mOttgage. ' To permil, tommit or suffe~ no waite, impairment a deterioration of said property or sny part thereof. 5. To pay aH and singula~ the costs, charges and expe~us, inc(ud~ng a reasonabte atrorney's fee and cos~s oi abstracts of title, incurred o~ pa:d at any time by sa;d MORTGAGFE, because ot in the eveM of the failure on the pan of 1he asid MORiGAGOR to duly, p~wnptly and fully perlorm, d~scharge, e¦ecute, eiFect, car,plete, comply wiTh and ab:de by each and every ~he aHpula~~ons, agr~ements, conditions, and covenanrs of sa~d promissory noee and fhis mortgage any or eiiher, and sa~d costs, charges and expenses, each and eve?y, sha:! be immediately due and payable; whether p not there be notice da n,and, attempt to coI{ect or suit pending; and the full amount of each and e~ery such payment shall besr inreres~ fran the date thereof until paid at the .,,re o~ nme per centum ~xr a~inum; an~+ all aaid costs, charges and expenses incurred or paid, togethei wuh such interest, shall be secured by the Gen of this mongege. 6. That (a) in the event of any breach of this Mortgage or defavl~ on the part of the MORTGAGOR, w(b) in the event any oi sa;d sums of money herein refrrred to be not p:omptly and fully paid within th~rty (3p) days nea~ after the same severalty become due and payable, without demand or notite, or in the event each an~ every the stipulations, agreements, conditions and cavenants o( sa:d promissory note and 1h~s mo~lgage any or either are not iuly, promptly and fvlly p~rfwmed, d~schargrd, executed, elfected, compteted, complied wirh and a6ided Sy, then in either a any s~ch event the smd ag g~egate sum mentioned in said promisscvy note then remaining unpaid, wefh interest sccrucd, and all moneya secured hereby, shall become due and pay- abte forthwith, or Ihereafte~, at the option of said MORiGA~EE, as 4~tly and comple~ely as if all of the said sums of money were uginally st~p~:aied ro be pafd on such day, anything in said prom~ssory note or in this Mortgage to the conrrary norwithsrand~ng; and thereupon w thereafter at the option ot s~~d MORTGAGEE, without notice w demand, suit at law, w in equity, therefore w thereaiter begun, may be prosecuted as if all moneys secured hereby n~d mawred prior lo ~ts ins~itut~on. 7. That in the event that at the beginning of or al any time pending any suit upon rhis Mortgage, or to fweclosc et, or fo reform it, or to enforte paymen! of any claims he~eunder, sai~d MORTGAGEE shall apply to the Court having j~r~sd~ciion thereof for et~e appo~mment of s Receiver, such Coun shafl Fc.~rhwith appoint a rece~ver of said mortgaged property all and singular, includ~~g all and sing~lar the income, prof~fs, issues and revenues (rom whatever source de~ived, each and every of wh~ch, it being expreasly understood, is hereby mortgaged as if spec~fically set fwth and dewibed in the granting and habendum clauses hereoi, and such Receiver sha11 have ali the broad and effecrive funct~ons and powers in anywise entrusted by a Cour? to a Receiver, and s..ch appointment ahall be made by such Court as an admitted equity a~ a matter of absolute right to said MORTGAGEE, and without reference to the acfequacy oi inadeGuacy o1 the value of the property mutgaged or to the so:vency or insolventy oF said MORiGAGOR or the defendants, and thal such re~rs, profits, income, iasues and revenues shall be applied by such Receiver~atcord~ng to thr lien or equity of said MORTGAGEE and the practice of such Courf. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply w~th and abide by each and every the stipvlations, agreements, cor.d~r'wns and covenanis sa~d promissory note and eh~s mortgage set forth. 9. That in the event the ownership of t!~e mortgaged premisea, or any part thereoi, becomes vested in a person other than the MORTGAGOR, the ~•.ORTGAGEf, ifs svccessors and assigns, may, w~~hout notice to ~he MORTGAOR, deai w~th such successw or successor in interes? wah refefence to this rnwigsge and the debt hereby secuied in tF ~ same manner as with Nlortgagor without i~ any way vitiating or d~xharging the Nlottgagorf' liability herr ;,r.der w upon the debt hereby secored. No saie of the premises hereby morrgaged and no forbea~ance on the pan of the MORTGAGEE or it~ svccessors or assigns and no exrension of the time for ~he payment of the debt hereby sec~red given by ~he MORTGAGEE or its successors or assigns, ahall operate - ~o re!ease, discharge, modify change or affect the orig~nal liability of the MORIGAGOR herein, either in whole w ir. part. 10. It is spet~fically agreed thet time is of the essence of this contract and thaf no waiver of any obl~gat~on hereunde? a of fhe obligafion se- cured hereby ahall at any time ~hereafter be held to be a wai~er of the terms hereof w of the inarrument secured herby. 11. In add.t~o~ to the forego:~eg mo~thty payments of princ pal and interest required by the prom~ssory nare secured hereby, mortgagor covenants a-d ag.~es to pay ro mortgagee with eath moMh4y paynlent an add~+ional svm est~mared by mwtgagee to be equal ro 1;'12 of the annual cost of rhe follow- ,g: i . A-All rea~ property taxrs levied oc assessed aga~nst the a6ove descri~ed mal esrate. B-Pr~m,~ms on fire and windsto:m insurance as herein rcqu:red to be carried on the improvements siwate on ihe above d~scribed premises. C-P~emiums on such mo:tgage guaranty insurance as mongagee shatl frcm trme to nme deem {it ro carry on the loan secured hereby_ Mortga9ee shail irom rfine to t~me notify mortgagor m writing of the amount doe tnd payable hereunder and such sum shall thereupon be due and ;.ayable on the due dare of ~he next mon~i~iy paymem and each wccessive month ~hereafier ur,61 mortgagee shall notify mortgagor of a change in such s~~ount. Such sums shail be app~ied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~~d mortgage guaranty insurance r.' °mivms. IN \YfTP~ESS WNEREOF, the said l~10RTGAGOR has hereunto set his hand and seal the day and year first aforesaid. Signed, Sealed and delivered in the preser,ce of: ~ ~ . i7~ 1 ~^^-Ly_ L~l~ ~-!Seal) 'i.i-~ / , - ~ ~t/ ' (Seal) ~ - - f ~ __G~~-w-+.~tL.-~..c. ' s~...~-~ Z.~ 15ea4 ! _ - / ~ ~ C/ Alexandria Thames ~~a~~ . ~ STATE OF FIORIDA 4 - ~ ; C~:UNTY OF St. Ll~C1Q - Befwe me perwnally appeared Bernie T?'~a~es and ; Alexandria Thaaes his wife, to me well known and known fo me to be ' rhe individuals desu~bed in and who executed thn fo~ego;ng instrument, and acknowtedged beforo me that they exetuted the same for the purposes 't L ~ rherein ex ressed. And the said_ ~n r' f~ae p A1 e~. d Za Tll~ , i?I~fi: - ~ i. ~ +~~`e of the said °p~iA ~h~CA6 u~lA_~~sePaiate'~~ ~j~e . ~ examination by me ta4en separate and apart frorn h said husband, acknowledged to and before me that she executed said ipstruf+tepf•~icely iq~holu~ q rari:'y and without any compotsion, constraint, ap i, of w from her said husband. y~ r ~ WITNE55 my hand and official seal thi _ day of ~e /?~D."~~,~_ : ~ i _ Za.J • ~ a. ~ Notary Pu~ in a fw•the S at ~id~f g yi~ 7`'j•_ T ; My Commission eapires: = • ~ - .r~` ,(c ~X'~. Return To: i~ •i •..s:.••! ^ J ' 'S~ ~ First Federal Saving~ 6 loan Assotiat~on C~~ ` `,r~_ ="„y Of Fort P.erce. ~'~,~•{!i.h illa~~~l~'~•;:..' . Fort Pierce, Fiorida ~ ' ~ ~ f 1 ED AwC RECOROEO C ~ ~ This Instrument Prepared By Gary F. Eliwo~LUC1E C4UN1Y FtA. ~ First Federal Savings & Loan Assotiation ROCER PO~TRAS : of Fort Pierce Florida CIERK CI~iCUIT COURT 3 ' aEtcR~ vEF~f~En ?y ' ~ Checked By ~ ~ ~ t0 45 ~ ~~3 i 'a S p ~ 80LKiG~S PACE~O~ sb ? _ _ _ _ _ - - ~ _ - ~ 1 ~ ~ ~.M ~ ~r'`~ r.' F s a. " -s ~ . ~ . - - . ' .~s~",.e.::~ ~,~3s.~'~'~