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To place and cont~nuousiy keep o~ the bu+id~nys no+v or hrreaher ~itvate on said land and on a!: eq.,~pmrnt and perso~a~ty covered by ~h~s mortg- ege, with all premivms ~hrrean F:a J~n full, fire insurance ~n the usual s~anda~d po~ity iorm, in a sum aHp~ored by ?he MORIGAGEE, and wmdstorm ~nsurance in ~he usual sfa~~dard pot~cy lorny in a s~m aFpror.d by tha MORTGAGEE, in such company o~ compan~es as ~he MORTGAGEE may direcl; and aU (ire and w~ndstorm im~~ance poGcrcs oo any of sa~d bu~~d~ngs, any interest therein or pr.t ~nceroi, in the aggregare sum aforesaid or in extess Ihrreof, shall :ontain the usual stanJard mor~gagre clause or such o~her clause as the Morryayee may requ.ro, ma?ing the loas u~d.r aa~d poli- cies, each and r~zry, payab!e to sa~d h1ARiGAGEE as +~s ~roeresl may appear, and each and every iuch po!~cy shell be promprty aas gned a~d de~~ver~d to any he~d by sa~d MORfGAGEE as further seturi~y ro sald mo~rgoge drbt, and, not less than ten (101 days in ad~ance o) the expiration o1 rach pol~cy, to dr I~ve~ to said MORiGAGEE a renewat Ihereof, loge~her with a rrce~pt for the prrmwm of such re~~eN~~; and tAnre shall be no 6re or winds~onn insurante pleted on any oi said build~ngs, any interest therein or pa~t thcrcof, vnleas in the form and with the loss payable as aforesaid; and in the evenl any sum of money becomes payab!e ~ndrr s~ch policy or pohc~as sa~d MORTGAGEE shalt have the oprion to receive and apply Ihe same on acco~nt ot the indrbted- ness setured he~eby o~ to petm~t said N10RTGAGOR$ to receive dnd ~3e it w any part t1~?~cot lor o:i+r~ t:ur~ ox•s, v.~+iv,~t th,•. ui w~~+~ or ~'+:p.,~~- ing any equ+ty, lien o~ right under w by virtve oi th~s mo-'9agr; and in Ihe even! sa:d MORTGAGORS shall for any reason fail to keep tht said prem;s_s so insured, ot fail 1o deliver pranptly any of said poLues of insurante to sa~d MORTGAGEE, or I~i1 promptty to pay fuily any pre~~~~~m thereior or in any respect tail to perFwm, discharqe, exewta, efiect, canpte~r, com;~ly wirh and abide by Ihts covenen~, o~ any pan hareoi, sa~d MGRTGAGEE may p~ace a_~d pay fo~ suth insurance or any part tl~rreof without waiving or affec~ing any opt~on, iien, ta~~ty, or r~ght under or by virtue of tF~is Mortgage, and tht full amount of each and every such payment shatl be immediate~y due and payable and shall bear interest from the date thereoF until poid at the rate ot n,ne pei tenwm per annum and to~ether w~th auth interasr shaii 'ue sxured by the lien of th~s mortgage. 1. To permit, commit or suff~r rto waste, i~npa~rment w dererioration oi said property o~ any parl lhe~eof. 5. To pay ail and sinqular the tosts, charges and expenses, including a reasonable attorney's fee and costs of abs~racts of titfe, incurred w paid a~ any time by wid M.ORTGAG'.E, because or in the eve~t of ~he failure on ~he part of the said MORTGAGOR to duly, pro~ pt~y and futly perlorm, d~scharge. exi-cute, effed, cornptete, co,npty w~th and ab:de by each and every the stipulat~ons, agreaments, cor.dilions, and covenanrs of said promissory note and this ,~~crtgage any or e~~her, and sa:d costs, charges and ezpenses, each and every, shail be immed~ately due and payeble; whe~he~ o? no~ the~e be notice dr mand, atternpt to coilect w suit pend~ng; and ~l~e fult amoum of each-and cwery such payment shall bear in+erest from ~he da~e ~hereof until pa~d at ihe r,te of n~ne per ce~~t~m pe~ annu:m, an~ aL' said costs, charges a~:d expenses intvrred w paid, logather w~th wch iroerest, shall be setured by the lien of thif mortgsge. 6. Thal {a) in tha event of any breach of thls Mortgage or defautt on tM part of the MORTGAGOR, or (b) ~n the event sny of sa;d sumt of money here~n refe~red ~o be not promptly and fuily paid wi~hin th~rty ~30) days next atter the sarne seve~a~ly Decome due and payable, without den,and o~ notite, er (c) in the event aach and every ~he snpu~ar~ons, agreeme~ts, co~~d~t~ons and covenants of sa.d p~omiswry noie and th~s mortgage any o~ either are no1 iuly, promptly and fully periormed, d:scharged, exccuted, effected, canp:eted, complied with and ab~ded Sy, then in e~ther or any such event the sa~d ag- ~regate sum menrioned in sa~d promissory note then re+naining unpaid, w~th interest acc~ued, and ael moneys setured hereby, ahall become dve and pay- ab:e forthwith, or thereatter, at 1Fw opt~on of soed IdOR1GAGEE, as fully and compte~ety as ii afl of ~he said wms oF money were onginatly supulated to be pa~d on such d:.y, anything in sa.d prom~ssory note or in th~s Mortgage to ~he cororery notw~~hstand~ng; and thereupon or thereafter at the op~~on of sa~d MORTGAGEE, without notke or demand, suif at law w in equify, therefore or thereaher begun, may be prosecuted as if all moneys setured hereby n-d matured pnor to ~ts institution. 7. Tha? in the event that at fhe beginni~ of or at any time pending any suit upon this Mo~tgage, or to fweclose it, or to re(orm it, or to enfurce payment of any cla~~~s he~eundzr, sa~d MORTGAGEF shail apply to the Gourt having jurisd:aion thereof for the appo~ntment of a Receiver, such Court nhail forfhwirh appo~nt a recei~+er of sa~d mo~tgayed property all and singular, inclvdmg all and singular the income, pro~~ls, iswes ar.d reveRUes from whatever s~urce darived, each and every of wn:ch, it be~ng expressly unde~stood, is hereby mortgaged as if spec~ficaity set forth and dexnbed in the granting and h~hendum clauses hereof, and wch Receiver sha~i have all the b.oad and efiective funct.ons and powers in anyw~se emrusted by a Cou~t to a Receiver, and s~.h appointment ihalt be m3de by such Court as an admittcd equ~ty and a matter of absolute right to sa~d 650RTGAGEE, and without reterence to the ad_qaacy or inadrquacy of the va;ue of the properry mo+tgaged or to the solvency or insowency o1 sa~d MORTGAGOR or the defendan*s, and that such renrs, profits, income, issves and rever.ues shall be applled by such Reteiver acwrd~ng io the lien or equity of said MORiGAGEE and the praUite of such Court. . 8. To duty, promptly and fu:ly per`orm, d~scharge, execute, effect, complete, comply with and abide by each a~d every the stipulations, agreements, conditions and covenanfs ~n sa~~S prom~ssory note and this mortgage set forth. 9. That in the event the o.vnership of the mortgaged premises, or any part the~eof, Eecomes vesfed in a person other ihan the MORTGAGOR, the ":,^,RTGAGEE, its successors and asvgr.s, may, w~fho~r no:~ce to the NIORTGAOR, deal with such successor a successw in interest with re(erence to this r..ortgage and the deuf hereby secured in the same manner as wifh !llortgago~ w~tho~t in any way vit~ating w d~scha~ging the Mortgagori liability here- ;,nder or upon the debt hereoy s~cured. No s3te of thr Frert3~ses he.eby mongaged and no forbearence on the part oi the 1dORTGAGEE or its successo~s cr assigns and no extension ot the ~i:nr for the payn,ent of the debt hereby sec~red given by the MORTGAGEE or its successws or au~gns, aiwll operate io re~ease, ducharge, mod~fy change or affect the origmal liab i~ty of the M,ORTGAGOR herein, either in whole or in part. 10. it is spec~fically aa~eed that time is of the essence of th~s coniract and that no waiver oi any ob~igation hereunder or of the obligatan sN cured hereby shall at any time th~.reafter be hefd to be a walver of th-~ terma hereoi or of the insrrument setured herby. 1 l. In add.tEur. to th> forego n~onth'y rayments ot princ pa~ and intrrest reyu~red by the prom;ssory no!e secvred hereby, mortga~or tovenants ~~d ayrees to pay ±o mo~rgagce +n~+h rach ~:~on~h:y pay~.~enr an add.nonal sum est~n.ated by morty~gee to 6e equai to 1;' 12 of the annual cost of the folfow- :r,.3: A-A!1 real property taaas ~ev~ed o* ass.~ss~d ag:,r:st tne abo~e desr.ib~d real estate. B-Prem.:ums on ine and w;nds~or~n ;nsvracce as here~n reqv:red to be ca~ried en the ~mproveme~ts srtuate on the a~ve described premises. I j C-Prem~w-•s on wch m~rt~_ge guaranty iruura<<ce as moctyagee sha'I frc~n r:me to nme deem fit to carry on the loan secured hereby. ~ Mortgagee she'1 frcm t~me to nme nc~ify mertgagor ~n wriring of the a.ro~nt dve and payable he~eunder and such sum shafl thereupon be due and ~ ; i,able on thr d~e cia!e of the next month'r poyment and eacfi s~ccess~ve month thereaft~r voti{ mcrtgagee shall noti(y mortgagor of a char?ye in wch • ount. Such s~ms s~a:i be apc,ii~~d by mortgag~:e rcv:ard tne paymeni of reat property taxes, insura~ce p~em~ums, a:~d mprtgage guaranty insurance ~ ; ~em~ums. ~ tN ~11TNE55 :VH~Ri.OF, the said h10R?GAGOR has hereunto set his har.d and seaf the day an ear first aS `esaid. ~ e ned, Sea~ed and de~ivered in the presence of: • ~ ~ ~ ~ ; Seal) av i d R. Scot iseaq ~ C " (Seal) ~ ~ he lma Scot t ~~a~~ ~ - - ~ SiATE OF FLORIDA t ~ ~ouvn oF S? . L!:c TE _ j Before me personally appeared ~V 1 d R. SCOt t and ~ _ Thelma SCOtt h~s wife, to me well known and Icnown to me to be ~ the individvals described in and who executed the foregoing instrument, and acknowledged before me that they eaecuted th~ same fot tfx purposes ~ ?heloa Scott ~ ~ the~ein eapressed. And the said__ - ~ - ~ .vife of the said David R. SCOtt ypeo~l ~eparate and private ~,aminat~on by me taken separate and apart from Fer said husband, atknowledged to and beforp me that she eaecuted;saitrirlsirument freely and volurr ~ ra-,iy and w~thou? any compu!sion, constraim, apprehens~on, w fear of or from her said husband. ~ A. D. 19 E~ WITNESS my hand and official seal this_ _ ~ r? day of `Jul ~ 73 , : , t , ` ' ` y _ i. ` ~ _ Notary Publ~c in and for ihe tali ( Florjds ~t,t~fpe . '~1~-,' ~~x My Commission expires: ~r ~'x Return To: ~-~jE nf , - : F . ~ : First Fecle{al Sav~ngs 3 loan AsSOCiaLOn • ~ ~ Of ~ort Perce. ~~~'..:i." E%?I~Ei . . 5 fort Pi~rce. Flcrida 6uRitA By W'1E+.•'::i1 0~~:.:t5 ~ ~ r ~EO ~M~ aECOaoeo '~<< This Instrument Preoared By Thomas A. Driscoll f.IUCIE C4UNTr fLA. t~` s First Federal Savings & Loan Association ROCEf' hQt'RAS t1 ~ c~EkR c~=cu~r couRt • ~ of Fort Pierce ~ Florida ~ RECORI YC~~~iFO - t-~ Checked By U~--_- ~ ~0 26 N(1 3 ~y ~ 50CK PAGE S83 ~Y ° p z16 369 z 9s ~ n ~ ~ - - - _ _ u; ; ~~.e _ - 4 ~ ~y" ` . _ ~ , ~f ~jT~'v'~ ~ ,S . _ ~ ~ . ~'t ~ . ' " " TA,../,"~'- ~M