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To place and cavinuouaty keep on the b~i'd~ngs ~ow or herea{ter •eluara on sa~d lend and on aq equipmeN and pe~so~ally cove~ed by ~h~s mo~tg- sgs, wi~li all prem~ums thereon pa~d in full, Gre insurar.ce ~n ihe usuat sra~,dard po~~cy form, in a sum approved b~ the MOR~G%.GEE, a~ d w~ndstorm i~sura~te in the usual sfandard poi:cy form, i~ a sum approved by ths MORTGAGEE, in such , tompany or compan;es as the MORiGAGEE may direct; and a!) fi~e and winJs~o~m insuranc! po6c~ef on any oi said b~ild~ngs, any interesl therein or part thereof, in the aggregate s~m aioresaid o1 in eacess thereof, shalt coroaio the usual standard mo~~gagee clause or such oiher clause a~ Ihe Mortgagee may requ~re, me4ing Ih~ toss unJrr sa~d po~i- c~es, each and eve~y, pay~b'e to sa~d MJRIGAGEE as its 7nrrrest may appear, end each and eve~y such pol~cy shall be p~ompdy asi gnfd and de~~verrd ~o sny hetd by seid MORIGAGEE as fwther secu~lty to said mortgaye debt, and, not less ~han 1en (10) days in advance of the eap~ra~~on of each pof~cy, ~o d~- iive~ ~o said A10RTGAGEE a rer.ewal thereof, togNher with a rece~pt fo~ the premium of such renewal; and ~he.e shall be rw fire o~ w~~~ds~u~m i~suronce pleted on eny of sa~d buildings, any intcrest therein or part thereof, unless i~ the form and with the loss payable as atoresaid; and in the evenl any sum oF money bccomes payable unde~ such policy or poG:ies said MORTGAGEE sha11 have the ophon to receive anJ appty tha same on account of the i+idrbted- ness sec~red he~eby u ro Ex!rmit said MORIGAGORS ~o receiva a~+d uie it or any part ~hereol for otncr purposes, v.~~ho~~ ih~~.u~ .v~~~~~~ or ~~=.p.,~~• ing any equ~ty, lien a r~ght under w by virtue o~ this mo:!gage; and in the evenl sa~d MORTGAGORS shall fw any reason (ail Io keep the aaid prem~srs so insured, or (ail lo detiver pranptly any of said policies of insurance to sa~d MORTGAGEf, or fai! promptly to pay fulty any pre~+~~~m thrrefor or in anY respect tael to pe~(wm, discharge, execute, effecf, con~plete, compfy with and abide by th~a coven~nt, w a~y part hereoi, sa~d MORTGAGEE may piace a•~d pay fw cuch insurance or any part the~eof w~~hou1 waiving w a1(eding any op~~on, lien, equt~y, or righ~ under o~ by virtue o} th7s Mo.rgaye, and the full amovnt oi each a~d e.ery ~uch payment shaU be ;mmediately due and payable and shail bear interest from ~ha date thereof u~~ti1 paid at the ra~e ol n~~e per cerou~o per annum and to3eth,.~r wi~h such intcrest shafi be sccured by the lien of this mortgage. ' , 1. To permit, tommit or suf(er no waste, impairment or deterioration oi said property or any pa?t the~eof. 5. To pay all and singular the costs, charges and expenses, ~nclud~ng a reasonable anorney's fee a~d costs of absrracts of ~itle, incurred or paid a~ any time by xaid MORiGAGfE, because or in the event of the iailure on the part of 1he said MORTGAGOR to dvty, pra~nptly and fully perform, d~scha~ge. ' execute, effect, canpkte, co~nply weh ar+d ab:de by each and eve~y the stipulanons, agreemeros, cond~hons, and covenants of said p~omissory nore and th~s mortgage any, or e~~her, and sa~d costs, charges and expenses, each and every, shall be immediatety due and payabte; whether or not there be norice dr mand, atlempt to collect w suit pend~ng; and the tull amount uf each and e~ery such payment shall bea~ interest from ~he date lherepi until paid at ~he ~.+te oi nine per centu~n Fer annu:n; and all said cosrs, charges and expenses incurred o~ paid, together w~th sdth inferesl, shall be secured by the tien o( th:f mortgeye. - 6. Thal (e) in the event of any breach of thia Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of said sums of money herein refe~red to be not pranptly and fully paid v~ith~n th~rty ~30) days next afte~ ~he same seve~atty become due and payable, wi~hout derr.and or noiice, or (c) in thr event each and every the stip~lations, agreements, condrtions and covenants of sa.d promissory ~ote anJ th~s mortgage any or eiiher are oot ~uly, promptly and fuiiy performed, d.scharged, ezetuted, effected, compteted, compl~ed with and abi~ed ~iy, then in e~~he~ or any 3uch event the said ag gregate sum men~ioned in said p~omissory note then remaining unpaid, wi~h interes! act~ued, and all moneys secured hereby, shall become due and pay able torthwith, o~ therea4ter, at ~he optlon of said MORIGAGEE, as futly and complete~y as ii all of the uid sums of money were a.ginally snp~lated to be patd on such day, anything in sa:d promisswy note or in this Mortgage to iFe connary notvvithstanding; and thereupor: a fhereafter a~ the op~~on oi . sa;d MORTGAGEE, wi~hout no~ice or demand, suit at law w in equety, therefore w thereaf~er beg~n, may be prosecuted as if aIl moneys secured hereby had mawred pr~or to ~ts institution. 7. That in the event that at ihe beginn~ng of or at any t:me pending any suit upon this Mortgage, or to forecfou it, or to ?efo?m it, or fo enforce payment ot any claims he.eunder, said MORTGAGEE shall apply to the Court having jwisd~cnoo ther~of fw 1he appo~ntmem of a Receiver, such Court shail forthwith appo:~t a receiver of said mortgaged property all and sing~lar, intlud~ng all and s~ngular the irtconx, prof~ts, issues and revenues from whatever so~rce darived, each and every of wh~cti, ~t being express~y undersrood, is hereby mortgag,d af if specifically set fpth and described in the granting and habendum clauses hereof, and svch Receiver shal{ have all ~he bruad and effective funct.ons and powers in anywise entrusted by a Cou~t to a Receiver, and s~ch appointment shal! be made by svch Cowt as an admifted equiiy and a maner of abso~ute right to said MORTGAGEf, artd wethoul ~elerence to the erl~quacy o~ inadeq~acy of the value of the property mortgaged or to the so~vency or insotvenq of sa~d MORTGAGOR w the defendaMs, anci that such rents, profits, i~come, iasues and revenues shall be appiied by such Receiver accord~ng to the lien w equity of said MORTGAGEE and the practice oi such Court, 8. To duly, promptly and fully pe~fo~m, discharge, execute, effect, complere, comply with and abide by each and every the st~pulations, agreements, conditions and covenanta ;n sa~d promissory nore and this mortgage set forth. 9. Tha1 in the event the ownership of the mortgaged premises, o~ any part thereof, bccomes vested in a Ferson other than the MORiGAGOR, th~ R:pR7GAGfE, irs wccesson and ass~gres, may, wirhout .w~ece to the MORTGAOR, deal whh wch successw w successor in interest wi~h re(erence to this mortgage and the debt he~eby secured in the same manner as with Mortgagor without in any way vitiating or discha~ging the Mortgagori liability here- under or upon the debt hereby secured. No sate of the prerr.ises hereby mortgaged and no forbearance on the pa+t oi fhe IJ40RTGAGEE or its successors or assigns and no exre~s~on of the time for the payment oi the debt hereby secured given by the NtORiGAGEE or its successws or ass~gns, a~~all operate to release, d~scharge, modify ~hange or afiect the orig~nal liau~lity of the MORTGAGOR here~n, either in whole or in part. 10. !t is spec~fically aoreed tF.at fime is of the essertce of this contrac? and that no waiver of a~y obtigar~on hereunder or of the obligation se- cu~ed hereby shati af an~ ume thereafter be held to be a waiver of the terms hereof o~ of the insirument secured herby_ 11. In add.t~o~ to the forego'ng ,non~h+y paym~n.s of princ pal and inrerest requ~red by the prom~ssory no~e sec~red hereby, mortgagar covenants d agrces to pay to m.o•tgagee v.ith eath mo~th:y payrneM an add~~~onal sum es~~n:ated by mortgagee to be eq~at to 1,: 12 of the an~ual cost of the foNow- 3: A-AN real proper!y raxes levi~d or assessed agai•ist thc above desvibed reat estate. B-Prem~ums on fire and windsto:m insuracce as herein ~equ:red to be carried en the improveme~ts situate on the above described premises. C-Premiurrs on such mort~age guaranty ir.surar:ce as mor~gagee shail trom, t~me to time deem f~t to carry on the loan secored hereby. Mortgagee sha~i '.rom ~ime to time notff~ mortyagcr m wrising of rhe amovnt due and payabie hereundrr and such sum shali thcreupon be due and ~.ayable on the due date of the next month!y Qa~me~t and each successive month thereaftrr ur,til mortgagee shall nofify mortgagw of a change in such a^:ount. Such svms s~a l be appiied by mortgagee roward the payment of raal property tazes, insurance prem~ums, and mortgage guaranty insurance ~ Dremium3. IN Y~ITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. S'gned, 'S~aled and de~iver in t~l~f1l presence of: - - ~ 1Ll~Lt-~-- ~st.l~C-~iLt_ Seal) J i _ _ (Sea4 - (Seal) ~Seal) ` STATE OF FtORIDA ~ f f ~OUNTY OF - St . L:~C 1 P ~ ' Before me person Ily ap~rPd `Z~tn?~nr'tt~ '~'t1:1C_7 _*:1 ~ c3 ~V1i~0[~ and j ^e _~na r. cnn~~ , a Gin~ e a, .u _ - -Yi~+Xi~7e?Zto me wett known and known to me to be ? rhe individuals described in and who executeci the foregoing inst~ument, and acknowledged before me that they executed the same for the purposes i ~ therein txpressed. 7~OQ?ODE?d~~ E . ; ti+~cacac~ai~~wc ~~c~xac~a~KX ; -ri~~lrcc~iaXd~G~cat,?IXiA'ex]f~aZaXeXaiid~=a~Ffi3~oX}i,~~dtA~,~A3~'~n~XoY~TeJg~dt~X'6.~9'6~#X.e=?6X~I;a1f31.1E3E,26~61r.?~~a~$X~~Ke1G~Rr~4~7~~i,~CX - t ; -~aY;t~tat.~wtr~+ottL+~alty~=aaa(~GOGaeXab~71a7l~~~t~lle~6r?~.~I'w_'i~d,~t~ci~COYYrb:#c11r~x3i,~ixJ~id~X WITNE55 my hand and ofFiual seal this C~ .3une ; day of A. D. 19 7 3 i ' : ~ . ~ Notary Public in and for the Siate f FJori t•Lsr - • My Commission expires: ! ' ~ C~/i;~ ~r~- ? Return To: •~•t, ,~l~, ? j ~ Fint Federal Savings 3 Loan Association /~~i~ , . ~ Of Fort P.eree. i ti ; ; . : ~ . ~ : Fort Pi~rce. florida . \ ~ . ~ = F 3 _ .;~r p1it~lIC.STATE M ci;~ttl;la at :f.:iG`sF~. • ; ....~r;n..~ ~Y~i`._ ra.`/. IS~T..7 v ~ ~ a/ i.rnEncan i~a...~,a ~.~su?spq ~ i~~.. V\~ ; This Instrument Prepared By R - ' ' ; •'t~~4 ' First Federai Savings & Loan AssociaT onh`'r~ F,~~ al~i'J ~+E~~~~~~, t ~ v~"T ~~c 3 of ~ort Pierce . F'_or i~3~3 ~T.LUC~E ~~u~A? • ~~t, £ ~ti~~'`~~ ` ftOC~q GUIt COURt ' Checked By CtERVE ?c;fC ; Rf C4a~ = 10 4s AM'~3 2~~~5 _ ~~r ~ ~ i ~ ~rJ ~a,. s ~ ~ _ ~ y~*. ~ . _ ~ _ . , - - ~c