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To placa end coN~nuously keep on the b~i!dings now or hereaher ~~tuate on sa~d taod and on al1 equipment and pe~sonally covered by this mong- egs, w~th aH prem~ums therton p~~d in ful1, fire insurante ~n the ~aual sranda~d poiicy torm, in a aum eFpro~ed by the MOR~GAGEE, a~J win~Jstorm ~~surance in the ua~al srandard poL<y fo~m, in a sum aNp~o~ed by ~he MORTGAGEE, in such canpa~y or cOmp~n~e~ as the MORiGAGEE may direcl; and all fire and winditorm insurance poliues on eny of said lwild~ngs, any in~e~est ~herein or pa~l thereof, in the aggreqate •u~n aforesaid w in excess the.eof, shaU .on~aiu she usual slanda~d morlqagae daute or ;uch o~her clause ai ~he Mortgagee may rey~~re, ma?ing ~hr loas unJa~ s~~d pof~ cies, ea<h and every, payab~e ~o sa~d MORiGAGEE as ~ts fn~~rest may appea~, and each and every such poi~cy aha!) kx p~ompfty ass gned and de~iverrd ~o any held by said MORIGAGEE as fur~her seturity to said mortgage deb/, and, no~ ~ess than ten (10) days in advance o( ~he ex~iranon of eech poGcy, to de- Gver to said MORTGAGEE a renewal the~eof. toge~her with a receipt fa~ the premium o1 auch renewal; a~d ihere shatl be ~o I~re or windstor~n insurance p~ated on any of said buitdings, any interest fherein o? part th~ieoi, unles; in 1he form ~nd with Ihe loss payeble as a(oresaid; and in the evenl any s~m of nwney becomes payabl~ unJe~ such policy or poLciuf sa~d MORIGAGEE fh~ll have ~he opt~on to recerve and apNly the same on attounl oi the indattrd- ness secured F~ereb~ or to permit said MORTGAGORS to reteive and use it w any pait ~hereoF for o~n<r Fu~F~~srs, .•nihwt th,•~u~ ria~.~n~ or ,~:~p.,~r- +ng any equity, tien or righf under or by vir~ue of this mo:tgage; and in the eve~t sa~d MORTGAGORS sha!1 fw any reason iail to keep ~he sa~d prem~s=s so ~~sured, or fail to detiver pranptly any ol said pol~cies ot insuran~e to sa~d M~RiGAGEE, w fail prompfly to pay fu(ty any p~e~niu~n therefo~ w in a~y respett (ail to perform, d~scharge, exewte, effect, con~plete, tamply wi~h and abide by Ihis cove~ant, a any part hereoi, said MOR7GAGEE may place a~}d pay (or such insurance or any part thereof without weiving or affecting any option, lien, equity, or righ~ under or by virtve ot ~his Mortgage, and the full amoum ot each and eve~y such paymeM shalt be ~mmed~ately due and payabte and shall beai inteiest (rom the da?e thereo( un~il p~~d at the rate of - n~ne per temum per annum and togrthrr w~th such inte~~st shali tx secured by the lien of thia mortgage. • 1. To permit, commit or suf(e? no waste, impairment or deter~oratio~ of said property ot any part thereof. 5. To pay all and singular the costs, cnarges and expenses, including a reasonable attw~ey's fee a~~d costs of abstracts of title, incurred or paid at any time b/ said II~ORiGAG~E, because a in the event of the fa~lura on the part of the said MORTGAGOR ~o duly, pro~nptty and fully pe~iorm, d~scharge. eaecute, e1feU, complete, compty w~th and ab:de by each and every the stipulanons, agreements, conditions, and tovenams o( sa~d p~omissory ~ote and ~his mwtgage any or either, and sa~d costs, cha~gts and expenses, each and every, shalt be immed~ately due and payable; wheihe~ or na ~her~ be no~ice dr mand, attempl to collect o~ suit pending; and the futl amouN of each and eYery such payment shall bear imerest from Ihe dafe thereof umil paid at the ~.~te of nine per centum ~.~e:r annu:n; and all sald custs, charges and e:~oses iocurred or paid, ~o~e~her wah such interest, shall be secured by the Gen of thit m0: f9Dg0. b. That (aj in the evenr of any breach o! th;s Mortgage o~ default on the part of the MORTGAGOR, or (b) in the eve~t any of sa~d sums of money herein referred to be not pro~nptly and fully paid w~rhin thirty (30) days nex~ after the same scverafly beco~~e due and payable, withou~ demand or no~ice. or the cvent eath and every the stipu,ations, agreements, conditions and cove~ants of sa:d prom~ssory no~e and th~s mortgage any o~ e~~her are nol ~uly, promptly and iully performed, d,scha~ged, executed, effeded, tompleted, tompGed wi~h and ab~ded `sy, then in e~ther w any such event the sa~d ag gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and att moneys secured hereby, shall betome due a~d pay abte forrhwith, a therealtcr, at ~he option of said MORIGAGEE, as fu~ly and complately as if aii of the said sums of money were o~~ginslly st~putated t~~ be pa~d on such day, anything in sa:d pron,~ssory note w in this Mwtgage to the co~~rary notwithstanding; and Ihereupon or thereafter at the opt~on of :aid MORTGAGEE, wiiiwut norice or de:nand, suit at lew or in eyvity, the+efo~e w thereaiter begun, may be {xosecuted ss if all moneys secured hereby hed matured pnor to ~~s insutu~io~. 7. Tha1 in Ihe evenl that at the beginn~ng of or at any time pending any suit upon th~s Mortgage, o? to foretlose it, or to re(orm it, or to enforce paymen~ of any claims he~eunder, said NSORTGAGEE shatl appty to rhe Court having ~wlsd~aion thereof lor tbe appointment of a Receiver, such Court shail forthwith appo~nl a receiver of said mortgaged property alt and singutar, includ,ng all and singvtar the incor»e, prof~ts, issues and ~evenues from whatever source derived, each a~d every of .vh~ch, it be~ng expressly underseood, ia hereby mor~gaged as if spec~licaily set forrh and dexribed in the granring a~d habendum dauses hereof, and such Receiver shali h~ve all the b.aad and efiective funu.ons and powers in anywise entrus+ed by a Court to a Receiver, and s~ch appointment shall be made by such Cowt as an admitted equety and a matter of absolute nght to said MORTGAGEE, and wirhow reference ro ihe adequacy or inadequaty Of the vatue of the properry mortgaged o~ ro t!re so~vency o! insolventy o( said MORiGAGOR or the defendanTS, and ihat tuch re~rs, profits, incane, issues and revenues shalf be applied by such Receiver accord~ng to the lien w equ~ty of said MpRTGAGEE and the practice o( such CouA. • 8. To duly, promptly and fu1ly perform, discharge, execute, effect, complete, comply wirh and abide by each and eve~y the stiputations, agr¢~ments, condiGons and covenants ~n sa~d promissay note and th~s mortgage set iorth. 9. That in the event the ownership of the mortgaged premises, cr any part thereof, 6ecomes vested in a per~n other than the MORTGAGOR, the h'.ORTGAGEE, ifs successors and ass~gns, may, w~~hout noiice to the MORTGAOR, deal with s~ch successor w succFSSOr in irtterest with reference lo thia mo~rqage and the debt hereby setured in the same manner as with Mortgagor wethout in any way vitiating w d~scharging the /dortgagor;' liability herr under pr upot~ the debt hereby secured. No sale of tl~e premisea hereby mortgaged and no forbearance o~ the part oi the t11pRTGAGEE or its successors or assigns and no eatension of the time for the payment of the debt hereby secu~ed given by ttie 1~ORTGAGEE or its successors or a:s;gns, ahall operate ro release, d~scharge, modify ~hange w affect the orig:nal liaoilrty of the MORTGAGOR herein, either in whole or in part. 10. It is apeufically agreed that time is ot the e:sence ot this contract and that no waiver of any obligation hereunder w of the oblgation se- c~red hereby shall at any time thereafter be heid to be a waiver of the terms he~eof or of the insvument secu~ed herby. 11. tn add:tio~ to rhe forego:ng mo~srh+y paym.snts of pr;r.c pal and intrrest requ~red by the prom[ssory nore secured hereby, mortgagor covenant= and agrees to pay to mortgagee vrith each montniy payr.,ent an add~~ional wm .rsrn:a~ed by morigagee to be equal to l; 12 of ihc annual tost of tF~e follow- ;n~: A-AII real properr~ taxes levied or assessed agai~st th~ above des.ribed rea! estate. 8-P,am:u,»s on f~ro and wir.dsro-m ir.wrarce as hereln req~:red to be car.l~d en the :mprovements situate on the above descr~bed premises. C-Prem[ums o~ such mortg,ge guarar.ty ~r.surar~ce as mo.rgagee shall fro r c.rne to time deem fit to carry o~ the loa~ secured hereby. Mortqagee s~+ail fiom ti:ne ro n~,e no~~fy mortgagor ;n wnt~ng of the amo:,nt due end payable here~ndrr and such surn shaH thereupon be due and c.jvabte on the due date of the next mpNh:/ payment and each successive month thereafter uc~i{ mortgagee sha(I notify mortgagor of a change in such ~°~~unr. S~ch sums sha:l be app;icd by mcrtgag~e tov+ard the payment of real property tazes, insurance prem:ums, a~~d mortqage guaranty insurance a•emiums. !N Y!liPJE55 l~HEREOf, the said MORiGAGOR has hereunto set his hand and seal the day a year first foresaid_ Signed, Seaied and detiver4d in the preser.ce of: ~ ~ ~ - Seat) ~~C ~~l ti ~ ~c ichard A. Rin csfary - ~ (sea~) ' ~ ' Ma il . Rin ; (sea~) ' SiATE OF FLORIDA 1 i ~OUNTY OF _ SL. Lucie j ~ Before me personally appeared Riehard A. RlflQ end F _ ~Zlly11 Ring his wite, !o me we~t krwwn and known to me to be rhe individuals described in and who executed the toregoing instrurrKnt, and ackrwwtedged before me that they executed the same for the purposes { rnerein expressed. And the said Marilvn 1?'~. Rina t ' .,ife of the sa~d _ ~ichard A Rino upon a separate snd private ? -==aminat~on by me taken separate and apart from 1~er said husband, acknowledged to and before me that she exetuted said instrument frfely and votun- f rar;ty and w~thout any comp~lsion, constrainl, appreh nsior., fear of or from her said husband. ~ WIINESS my hand and official seat this '~l'.Z ~ day or ~ June ~ ~..r1 197j j , ,~~'C } ~ ~-t. i ~ "LS Cc ~ ~ . . Nota~y Public in an~- or the Sf of f1~r' ~ t~r . ' - ` L- My Comm~ssion e~cpues: ' ~ ~ % - Return Toc Np?A p(J9ilC~S~ p{ 1~(p/~t ~Gf - i ; First Federai Savings 3 loan Association fdY CO;~•'+11SSIBbI E7(~?IR~ 0~~ 29 ~197b F Of Fort P erce. .:o~0ed Thro G~ne.y1 InsOVnc~R~r.d`Mrti(ter~ ~ i Por! Pi_rce, Florida • v~ ^ l~.'~ ' n , " - ~ RECOR~E~ • n:"'•......••''~.~.~ i{l.E~ AN_ C . ' ~i ` Z = ~ ZT.lUC1E COUNTY !A. _ - This Instrument Prepared By JOhn W. Collins RaCfR p~~~RAS ( •.,n~,,.•~~r•' ~ First Federal Savings & Loan Association CIEaK C1H~U~T COUaT of Fort Pierce F2orida NECOR? VER~Fi£t~ ~ Checked B ~ ~ ~0 45 Y 258U'76 ~5 ' 80RK~~~ PAGE~O~ ~ ~ ~ ; - - - - ~_=~z . _ < ~ ~ ,.~.,r.~~' ~