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To p~ace and continuously keep on the Lu~'dmgs ~ow or he~raite? s~tuate on sa~d land and on a!I eqvipmero a.^.d personally covered by this mwlg- age, wi~h •II premiums thrreon Na,d in full, I~re insurence in the uwal s~endard po~~cy form, in • sum appro+ed b~ ~he MOR~GAGEE, a~~d w~~ds~orm insurance in the usual a~an~ard Fot.cy (o~m, in a wm approvcd by the MORTGAGEE, in fuch tompany or co~»pan~es at the MORIGAGEE may direc~; a~d all (ire and w~ndiwrm insu~ance poGciaf on any of sa~d build~ngs, any intereat there~n or pa~~ thereof, in tha a99~ega~e ivm afo~ese~d or in extets Ihereof, shall :ontain the usval sta~tdard ~nortgagee ciause or such o~he~ cljuse as the Mor~gagee mey requ.re, ma?ing the lo~t undrr sa~d poli- cies, each and every, payable to said A10RTGAGEE as intereat may appear, and oach and every aucA poi~cy s6alt be promptly ass gned and delive~ed to any held by said h10RIGAGEE as (urther security ?o sa~d mortgage deb~, and, not !zss than ~e~ (10) days in advance of ~he expirat~on of each pofcy, to da liver fo sa~d MORTGAGEf a renewal ihereof, Icye~her with a ~ece~pt for Ihe premium oi such renewal; and thrre shall be no fue o~ wi~~dsro~m inswance pleced on any of sa~d bu~ld~ngs, any imr~est there~n or pa~i thereof, unt~ss in ~he form and w~~h Ihe los~ payable as aioresa~d; and ~n the eve~t any sum of money b~comes payable under such po6cy a poGc;es sa]J MORTGAGEE shall have the opnon w rece~ve and apply tha iame on acco~nt o1 the ind.:bied- ness secured hereby w/o permil sald IdORTGAGORS ro reteive and use it o? any part thtrcol tor o;i~er Hw}•csrs. ~•ntho~~t ~h~~~u~ wa~w~~~3 J~ ~'+~po~~' ~nq any equ~ty, I~en w right ~nder w by virtue oi this mor'gage; and in the event sa'd MORTGAGORS shall fa any reason iail to ~eep fhe sa~d premisas so insured, or fail to drliver promptly any of sa~d po!~cies of insurance to sa~d MORTGAGEE, w fail pro~nptly to pay fu~iy any pre~~t~um tf,~refor o~ in a~y respeU (ail to perform, discharge, eaecute, e(fect, comp~ete, comply with and abicle by ihis covenan~, or any part he~eol, sa~d MORiGAGEC may piace and pay fot such insurance ot sny par/ thereof without waiving or alfecting any ophon, lien, equ~ty, or r~c~h~ u~der a by vi~tue of this Mortgage, and the 4„II amo~M o( each and every such payment shall be immedutely due and payable and shall brar i~terest t~om the date thereof u~~tit pa~d at the rate ol n~ne per centum per annum end to3ether vvith such interest shali be secured by the lien of this mwtgage. 1. To permit, commit or su(fer no waste, impairment or deterioration of said property w a~y parf Ihercof. 5. To pay all and singulsr ?he costs, charges snd eapenses, including a reasonable attwney's fee and costs of abstracts of title, incurred o~ pa~d at ~ any time by aaid MORTGAGfE, because w in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perfwm, d~scharge. axecute, elfect, tomp~ete, comply w~th and ab;dc by each and every the stipulat~ons, agreements, ca+ditiom, and covenants o( said promissory nole ar,d thii mortgage any w either, and sa~d costs, charges and eapenses, each and every, shall be immediately due and payable; whether w not ?here be nonce dr mand, at~emp~ to collecl or suit pend~ng; and ~the full amount of each and every suth payrt+ent shall bea. interest {rom the date thereof untit paid a~ th~ r.,!e of nine per centum per annum; and all said cos~s, cha~ges a~d expenses incurred w pa~d, loge~her wuh such interest, shall be secured by the lien of th:~ mortgags. 6. That (a} in the event of any breach of this Mortgage or defauli o~ the part of thc MORTGAGOR, or ;b) ~n the event any of sa~d tums of money herein referred to be not p~o~np:ly and fully pa~d within thnry (30) days next aiter the same severaliy become due and payable, witho~t demand o~ notlce, or (c) in the event each and every the stipu:at~ons, agreements, conditions and covenants o1 sa.d promisso~y noie and th~s mortgage any w eiihe~ are nol fuly, promprly and fully performeo, dscharged, executed, eifected, comp~eted, complied with and ab;ded 5y, tlun in e~ther w any such evenl the sa~d ag ~regate sum ment~oned in said promissory ~cee then remaining unpaid, wirh interesl accrued, and att moneys secured hereby, shall become d~e and pay- abie (orthwith, or theteafter, et the option of said MORiGAGEE, as fully ar~d completely as ii all of 1he said sums of money were wginatly stipu:ated to be pa~d on such day, anything in sa.d prom~sswy note or in this Matgage to the co~trary ~otwitha~arxli~~y; and thereupon or thereafler at the option of sa~d MORTGAGEE, w~tho~t not~ce or demand, w~t at !aw w in equity, the~eFote or thereaiter begvn, may be prosecuted as if all moneys setured hereby nad maWred pnor to ~ts institunon. 7. That in the event that at the beginr.ing of w a1 any time pending any suit upon this Morrgage, or to foreclose it, w to reform it, or to enfo.ce payment of any claims hereunder, said MORTGAGEE shall apply to the Court havi~g jurisdiction thereof for ~he appo~ntment of a Receiver, such Court shafl forrfiwith appoint a receiver of said mortgaged property all and singular, includ~ng a!I and singular ~he income, p~of~ts, iisues and revenues f~om whatever s~~r~e derived, each and every of wh~ch, it being expressty understood, is hereby ~nortgaged as ~f speu~ically xt forth and descrlbed in the granring and h,bendvm clauses hereof, and such Receiver shall have all the b~oad and effective funct;ons ar.d powers in anywise entru~ted by a Court to a Receiver, and :_ch appointment shall be made by such Court as an admifted equity and a matter of absolute right to sa~d h1~RTGAGEE, and wirhaut reference to the edequacy or inadequacy of the value of ~he p~operty mortgaged or to the so~vency or inso!vency of said MORiGAGOR or the defendants, and that such ienrs, proi~fs, income, issues and revenues shall be appiied by such Rece~ver accordmg to the lien w equity of sa~d 1J10RTGAGEE and the practice of such Court. 8. To duly, promptly and (ully perform, discharge, execute, effect, complete, comply with and abide by each and eve?y tht stipufatio~s, agreements, conditions and covenan~s ~n sa~d promissory note and th~s mortgage set iath. 9. That in the eve~t the ownership of the rtx,rtgaged pren~ises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the `l.ORTGAGEE, its successors and assgns, may, wi~hout not~ce to ~he MORTGAOR, deal w~th wch successor or successw in interest wnh reference to this r.-ortgage and the debt hereby secured in the same manner as w~th Mortgagor witFto~t in any way viNating or d~xharging the fhortgagors' liability here- under w upon the debt hereby secured. No sale of ~he p~emises hereby mortgaged and no forbearance on the part of the IAORiGAGEE or its successors ~r assigns and no extens~on of the ~ime for the payment of the debt he~eby secured given by the AM17RTGAGEE or its wccessws or ass:gns, ahatl operate ro release, d~scharge, modify change or affect the ongmal Iiab;Gty of the MORTGAGOR herein, eithe? in whole or in part. 10. It is speufically_agreed that time is of the essence of this contract snd that no waiver of anv obt~gat~on hereunder or of the obligation se- c~red hereby shql~ at any time ~heieafter be he:d to be a waiver of the terms hereof or of the insrr~ment secured herby. 11. 6i add Y:o~ to the Ee~ego nq monthly paym^nts of print pa! and interest ~equired by the prom~ss.^.ry note Secvred hereb~/, mortgagpi covenants ind agrees to pe~ to mo•tgagee w~th each mon+h.y payn:ent an add~rional sum rst;n~ated by mortgagee to be equai to 1,'12 of the annual cost of the follow- A-All real property taa_s tevied or asi~ss~~d aga~~st thc above desaibrd real esrate. B-Prem,~ums on fire and viinduorm ~ns~rar.ce as here~n requ:red to be ta~ried on the ~mproveme~ts s:tuate on the above described premizes. C-Pre:n~ums on such mortgage guaranry ir.surar,~e as mo~Tgagee sha~l frcm Yme to time d-rem fit to carry on the foan secured hereby. Mortgagee shail from time to t~me notffy mortgagc~ in writing of the amoun+ due and payable hereunder and wch sun+ shaU thereupon be d~e and ~ : ayable on the d~e date oi the ~ext montht~ payment and each successive momh lhereafter ur:til matgagee shall notify mortgager of a thange in such ; ount. Such wms shail be app:ied by mortgag ~e totvard the payment of ~ea! property taxes, inwrance prem:~ms, a~id mortgage guaranty insurance ~~~emiums. i IN WITNE55 'l1HEREOF. the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first af~ew~ . ! Signed, Sealed and deliver in the presence of: ' / sq ~ s 1 ~/JILI (Seal) ' ~Sealy S~F+TE Of FIORIDA ' ~ u. ~GUNTY OF Sti • I~1C~9 _ 1 ~ Befo~e me personally appeared _ ~atbl'~I1 ~BrfeAS~9I'~erL 8 N~OIi~ ~ ' ~:8~w4te, to me well known and known to me to Ee the individ~s~ described in and who executed the foregoing inslrument, ar?d atknowled~ed befwe me that ~e9 exe:uted the same for the purposes therein expressed. ~lef~~lR~lRid ~ ~rife~~fKF~sNd - - - ~~'*~+~~'+~~Y~~ y. ~+ernFwe~ie~rbfl~TdRNf~!!Qd?EtC~fR!'~ldR`tfEtfl'}I@TTafl!}fJibbwd~R~!ldtJl~ltTlNd'blf~'fRlrTffdrSflg'8~lQtld'Sdfd'91'fl~1Q~lt~'R.'frll~!/'~MlrYE~ldrF ti''+ff•~~~~A~'^~+Tt~^{~+ier?,~ewsweieR~eE~ f'of'er"hUll~'1R~Te~iMlbatd. - , ~ ' ~ WITNESS my hand and official seal thi~ day~of ~ .~f~,• T¢-?3 v ~ / ~ ~ ' ~ =r/ ' Notary Publ;c in and for the State of ~joridA at large _ My Commission e:pires: : : - ~ Retum To: _ • First Federal Savi~ s b Loan Association ` - ~ - - ~ . • t^, STA.TE ~f FL~CR!'Di~ at1,'lRuti~. . ~j Of Fort P;erce. ~ i.? " a`- 'j ~xl~~t.~s 3h~ . . •~Yli' ' ~ Fort P;erce, Fler]Ja . ~,•.,.~r. _ _ :'.e • § 2~540 _ , - ~ r: qg~ ~ Fz This Instrument Prepared By R. A. Sxisher, Jr. CO~~i~ FLA• ~ First Federal Savings & Loan Association ~t4GfR F~J~TBI~ of Forr Pierc Florlda CI~Rx G'r'~uit ~q411{T es REG~R1 ~E~.iF+EO~.,,....... ~ Checked By ~ ~ ~ O 3 3~ P~1 VY~ ~ aoc~~~6 ~a~~ 5s$ ~ ~ ~x _ ~ ~ - F ~ - _ ~ - ~a ~__~°t- ~:n:_._ . _ ..._.:1 . ~ ;r.~~~-~-,~