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To piace and cont~nuousty keep on the bv~'d;n~s noH or ~erea(te? aitwte on said land and on ail equipmene a~d penonally covered b~ this moreg egs, w~tk•sll premi~cns thereon pa:d in full, Lre insu~ance m ihc usual siandard poliry form, in a wm approved by the MORiGAGEE, ar,d windstorm ~~surance in the usual s~andard po6cy lo~m, in a s~m app~o,~ed Uy thr MORTGAGEE, in such co~npany or compan~e~ a~ the MORIGAGEE may d~rect; and all fire and w~nJstorm inswance poGcies on any of sa~d build,ngs, any interesl ~herein or part thereof, io the aggrega~e w~n aforesaid w . in eacess thereof, shall :ontain the uwal standsrd rnortgagre dause or i~ch other cl~ws as 1he Mo~lg~gee may requ~re, maMing the ioss undrr sa~d pof~ c1es, tach and every, pay~b!e ~o sa~d h!OR(GAGEE as ~ts in~~rest may appear, rrxf each a~d rvery sucA poi~c/ ~haN be p.omp~ly assg~ed and dei~ve~..d ~o eny held by sa~d MORTGAGEE as funh~r srcurity to sa:d n~origage debt, and, no~ le~f lhan ten (10) deys in advance of ~he e¦p~rahon ol each pot~ty, to dr liver to ~aid MORiGAGEE a renewat therEOf, togeihe~ with a receip~ fo~ ~he premium o( such ~e~~ewa!; and ~here shalt be ~o fi~e or wb:dsro~m iniwance p~aced on any of said b~ildi~gs, any inte~est_ there~n or part thereof, unless in ~he form a~d wah tM loss payabte a~ a(ctesa~d; ar+d in the e~ent any sum of money becomes payab(e under such paicy or poLues sa~d MORTGAGEE ahall have the opt~on fo receive and apply the isme on accoun~ of the irxlebtrd- rt~si tecur~ hereby or to permit sa~d MORTGAGOR$ lo reCeive and use it d eny pr.rt Il~ereoi fur ori~er pu~Eosrs, .::~h~~.:1 ih~•~..~ wa~.i C~ ~mpou- i~g any equ~ty, fen or r~9ht under w by virtue of th~s morrgage; and in the event tald MORIGAGORS ahall to~ any reason fail to keep the said prem~srs so ~nsured, or fail ~o de!ive~ pra.npNy any of said poiicies of insurance to sa~d MORiGAGEE, or fail promptly to pay iu~ly any pre~nwm rherefor or in a~y respett (aif to perto~m, d~scharge, eiecv?r, effecl, completr, comply wiih and ab~de by th~s covenaM, or any pa~1 hareof, se~d MGRiGAGEE mav piace a~~o pay fw such insur~nce o~ any pa~t the~eof w~rhout waiving or afiecting sny optioo, Gen, equ~~y, or ~fghi under w b~ vi~tue of fhi~ Mortgage, and nc~ , fvll amount of eath and every s~ch payment ahall be immediately due a~d payable and shal! bea~ inte~est from ~he date thereof until pa~d at ~he rate o1 mne per centum pe~ annum and togethrr w~th wch inter~st sha~l be aecured by the lien of this mortgage. 4. To (xrmit, commit or su(ier no waste, impairment or deterioration of sa~d property or any parf thereof. 5. To pay all and s~ngular ~ha costs, charges and expenses, includ~ng a reasonable a~~aney i fee and costs of abstracts of ritle, incuned or pa~d ar ~ny time by sa~d MORTGAGfE, because o~ in ~he eve~t of the fa~lure on rf~e part o! the said MORTGAGOR to duly, prompfly and fully pe~iwm, d~scha~ge. execute, effeu, canplete, comply with and ab:de by each and every the stipulat~ons, agreen~ents, cond~tions, and covenants oi aaid promissory note and this ~~ortgage any or ei~her, and sa~d coats, charges and expenses, each and every, shatl be immed~atety due and payahle; wherbe~ w not there be not;ce de mand, attempt to col:ecl ot suit pending; and the iull amounl of each and every such paymen~ ahall bear interes~ from ~he date thereof until paid at the r~te o~ nine per cenwm per onnu.n; and all said costs, charges and cx~nses incurred w paid, together w~~h such interest, ahafl be secured by tf~e lien of fhit mortgage. 6. That (a) in the event of an~ hreach of this Mortgage or default on 1S~e part of the MORTGAGOR, or (b) in the event any of said svms of money herein referred to be not prompfiy and fully paid wi~hin th~rty (30) days nex~ ai~er the same seve~atly become due a~d payabfe, without demand or norice. or (c} in the erem eath and every ~he stipu~at~ons, agreemenrs, condit~ons and tovenants of sa d promis:ory note and th,s mortgage any or either are o01 ~u1y, promptly and fu!!y perlormcd, d.scharged, exewted, ef(ected, completed, compGed with and ab~ded Sy, then in e~ther w any such eveM the said ag- gre~ate sum ment~or.ed in said promissory note then remaining unpaid, with intere;t acuued, and all moneys secured hereby, shall betome due ant! pay- ab:e forthwith, or thereafter, at the opt~on of se~d MORTGAGEE, as tully and co~npletely as if ail 01 tl~e said sums of money were w~ginally shpufated ro be pa~d on such dcy, anything in sa.d pro~nlssory note or in thia Mortgage to the conrrary not,nri~hstanding; and thereupon or thereaiter at th! op~~on of sa:d MORTGAGEE, wirhout not~ce o. demand, su~t at law or in eQu~ty, therefore or 1t~ereaher begun, may be prosecuted as if all moneys secured hereby n~d ma~uted pnor to ~ta insntunon_ 7, ihat in the event that at ~he beginn~ng of or at any time pend~ng any sui~ upon this Mo~tgage, or to foreclose it, or to reform if, or to enforce payment of aay tlaims he~eu~xier, said MORTGAGEE sha(t app!y to t!~e Gourt having jur,sd;Uion the~eoi for the appointmero of a Rete:ver, wch Court shall iorthwith appo~nt a receiver of said mo~fgagrd property all and singular, inciud•ng atl and s~ngu+ar the income, p+of~ts, issves and revenues trom whatever source drr~~ed, each and eve~y of wh~ch, it be~ng ezpressty understood, is he~rby mortgaged as ii speaficalty set forth and desuibed in the gran~;ng and hsbendum clauses hereof, and such Receiver shali have all the broad and elfettive funct,ons and powers in anyw~se entrusted by a Cuur1 to a Receiver, and s~ch appointment shatl b~ made by svch Court as an ad nitted equity and a maire? of absolute right to said MORTGAGEE, and withou~ refere~ce to the adequacy or inadequacy of the ~al~e of the properry morrgaged o.- to the so,vency or ~nsolvency ol aaid MORiGAGOR or the defendants, and that such re~~s, prof~ts, income, issues and revenues shaH be appi~ed by such Rece~ve~ accord~ng to the lien w equity ot said MORTGAGEE and the praUice of such Court, ' 8. To du~y, promptly and fully perforn,, discharge, execute, effect, corr~tete, comply with a~d abide by each and every the stipufations, agree~nents. ror.ditions and covenants in said promissa y note and this morigage set {orth. 9. That in the event the o~vnership of the mortgaged prem~ses, or any part thcreof, 6ecomes vested in a per~n other than the MORTGAGOR, the h"•ORTGAGEE, its successors and asvgns, may, without no~ice to ~he MOR7GtiOR, deai w~rh such successor or successor in imeiest v,ith reference to this morfyage and the deut hereby secured in the same man~cr as with /lortgagor witho~l in any way vit~ating pr d~xharging the /~lwtgagors' liability here- under or upo~ the debt hereby secured. No sale of tl~e Frem~ses hereby rno.tgaged and no forbearance on the pari of the IAORTGAGEE or its successors or assig~s and no eatension of rhe time for rhe payment o~ the debt hereby secu~ed g~ven by the MOR7GAGEE or its successora or ass~gns, a4a11 ope~ate ro release, d;scharge, modify change or affect the original liab~l~ty of the ARORTGAGOR i~rein, either in whole or in part. 10. It is specifically agreed that ti~re is o1 the esse~ce of this contract and that no waiver of any obiigation hereunder or of the obligation se- c~red bereby shaf( at any time thereafter be he:d to be a waiver nf,~the terms he~eof a of the in;trument secured he~by. 1 L In aJd t~o~ to the forego:ng monthty ~>ayrn=ms of pr;nc pai dnd intarest requ~red 'oy the prom'ssory no!e Secured hereb~, mortga~~„~q~f oh and agr;~es to pay to n:o: tqagee •afth each mon?h~y rl fr :@n1 an add.nonal wm csT~n:ated by mortgagee to be eq~al to 1,' 12 of the annual cost ofrl~ kof j~o~ly~"~" . ~n~: - v ~r s ~ . . O l'A t 7 A-All real property raxas '.ene~ or assesscd ag3~•~st ~hc abo~e descri~ed rea! estafe_ .7~'~ ' 't : c"~ < B-Pn.m~ums ea f~re and w~ndsto.m ir,sura:-ce as herein requ;red to be carried en the ~mprovements s:tuate on the above descr~d' !~i ~ = . ~r - sE ; ~ . C-Premiu:ns o~ wch mortgage guaran~y ~nsurar.ce as mortgagee shail fre~ t~me to ti~ne deem fit to carry on the loan secure~He~y:~~ .J L? Mortgagee shaif from time to tirr.e not~fy mortgagor in writing of the amount due and,~3ayable hereundrr and such su-n shaftYheteupo~b~' e . G ayable on the due date ef rhe ne~ci mont~:~ paym~m and each successive monrh thereafter uctil mortgagee shall not~fy mo~tgago7'Rf-_5 cRa~qw~j ;s~i ~ a~~:o~nt. Such sums sFa;l ~e appiiEd by mo.tgagee to~nrard the payment of real property Taxes, insurance prem:ums, and mortgag~ ,gOara~{t~i ~ins~e- s,- {remiums. • ~ - ~ ,.,,IN ~~lTNESS `1.'HER~OF, ~he sa~d MORTGAGOR has hereunto set his hand and seal the day and ear first aforesaid. Jv Signed, Se and d r ed i t e presence of: R S ~r ~R~~~ ' vc~ R G~ p . ~ • ~ $ean st. WC?C CGL~N y F~ Se s D FC~EF~F~~~R~O ~t ~ (Seaq ~L;pK fli:i ~`r C . Seaq ~'F ~~~Attest : anklin A. Harri Secr IY ~E t lSea~ ~3 v I 2~~8 ; STATE OF FLORIDA COUNTY OF ST. LUCtE ; I HEREBY CERTIFY, fhat on this ~_day of_ ~ A. D. 19 73 ' ~ ~ ~ before me personally appeared Hazel J. Ha~'is and A• $a1'i'is r ; respectively President and - Secretary , of AARRIS_ CONSTRIICTION OORPORATION ~ a Flo~'ida Corporation, to me known to be the persons described in and who executed the foregoing instrument and severally acknowledged the sxe- = cution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; and that they ~ affixed thereto the official sea! of said corporation, and the said instrument is the ad and deed of said corporation. f ~ WiiNESS my hand and official seal al Fori P+erce , said county and state. ~ This instrua~ent prepared bgr _ ~ ~ . ~ ; Wla. E. Braun ? First Federal Savfngs aTid LOStl • L'i~o~rys~ublic, in for Stat and Couniy aforesaid. pssociatian of Fort Pierce, Flori f~ ;~~r.~~~ssion Expires: i~. 6~ i~' 73 y -~i ; ~ ~ ii-i ' ~ ~ i x . --~i~for.~ . = .r_ _ ~ Checked By ; ~~~_~:a~y , . - sooK21~ ~~E28'19 . 3 ; . . _ ~ ~ : ~ _ ~ _ - - . ; ~,_w