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To place end continvously kcep on the b~~`d~~}gs now w heraaiter situaN o~ sa+d I~nd and on a11 rquip~nent and parsonally covered by ilus morrg- ege, with all premiums thercon pa d in full, fire insurance ~n rhe usual srs~dard poGCy form, in • sum approved by the MORiC~AGEE, snd w~~dstorm ~nsurance in the usual standard pol:cy fo+m, in a a~m approYcd by ~he MORiGAGEE, in iuch canpa~y or compan+es ~s ihe MORIGAGEE may d~recl; and atl f~rs and wlndstorm inw~ance polfues on ~ny of sa~d bu~ld~ngi, ~ny inte~as~ ~herein or pan thereoi, in tht agg~ega+e s~m iioreiaid w in axcess the~eof, ihatl contain ehe us~al sfandard mortgayae ciau~a w ~uch other clause •s ~he Matgages may requ«e, makiny ~he ioss undrr sa~d poli- c~es, each and every, payab:e to sa~d MORTGAGEE as its ioterret may appear, and each and evcry such pohcy shall be prompuy ass gned e~d delivered ro any held hy said MORiGAGEE as iurther security ~o uid morrgage debf, artd, no~ leu lhan ten (10) days in ad~ance of the exp~ralion of e~ch po:icy, to da ~~~er fo said MORiGAGEE a renewal thereof, to~e~F~er with a rece~pt fw tM prOmium of such ~enewal; and thrre shall be no i~re or w~ndsto~m insurance p~xed on ~~y of said buildings, any interest the~ein or part ~hereof, unless in ~he lorm ~nd with the loss payeble a~ afoiesaid; and in the evenl any sum of money becomes payablr under such policy a poLcies ta~d MORTGAGEE shall have ths opf~on to rece~ve and apFly the same on accoun? ot the indeb~ed- ness secur~d horeby ot ro permit said MORTGAGORS to receive and use it p any parl thereol ior otnrr pur~,o~es, witho~t th:.eu~ waivi•+g v^r nt~pain ~~g any equity, iie~ w right undev or by virrue of this mo~'gage; and in fhe svent ss~d MORTGAGORS ~hall fw any r4ason {ail to keep ~he said p~emisrs so in~uted, Ot fail lo deliver promplly any of said poli~ies of insurante to said MORIGAGEE, w fail promptly to pay (u~ly any pre~nium Iherefw o~ i~ any reipect f~il 1o perfam, d~sch~rg~, execute, etfeU, con~plele, compi~ wi~h snd abide by this corenant, w any part hrreof, sa~d MORTL',AGEE m~y ptate antl pay fw sutb insur~nce w any part thereof without waiving w affeUing a~?y option, li~n, equity, o? righf unde~ o~ by virtue of th;s Mortgaye, and the i~ll amount of each and e.•~ry such payment shal~ be immediatety due a~ psyable and shall bear interest from the date rhereof unril pa~d at the rate o!. nine pet centum per annum and to~ether with suth inte~est shati be sttured by the lien of thii mptgage. 1. To permif, tommil or su((er no waste, impairmen! or deterioration of said property or any part the~eof. ' 5. To pay all and ~ingula? the cests, chargcs and expe~srs, including a reasonsble a~tuney's fce and costs of abstracti oF title, incurred or paid at ' any time by sa~d MORTGAGfE, because or in the event of fhe (a~lure on the part af the said MORTGAGOR to duty, prompNy and fully perform, d~scharge, execura, effect, complere, comp}y w~~h and sb;dr by each and every the s~ipulst~ons, agreementa, cond~tions, and coven~nts of sa~d prom~ssory note and thi~ mortga8e any or ei+her, and sa~d costs, charges and expenses, each and every, sMll be immed~atety due and payabte; whether a not the~e be no~ice da martd, anempt fo toilKt a suit pend+ng; and the fvll artaunt o! each and eve?y such payment shall bear iMerest from Ihe date the~eof until paid at the r.~te o~ nine per centum per annum; o~ui all said cosfs, chargea and expences incurred or paid, together weh such interest, shall be secured by the lien oi thii mortgsg~. 6. ~at (a) in tF+e event of any breach of this Mort~age or defaull on the part of ?hc MORTGAGOR, or (b) in the event ~oy of satd sums of money ~ herein reierred to be ~ot promptly and fully paid within ~h~~ty (30) daya nex~ after 1he aame severatly become due and payable, without dcmand or ~o~ite, ~ or (c) i~ the event each and every the stipulations, agreements, co~ditions and covenants of sa:d promissory note a~d eh~s matgaqe any o~ eithe~ are nol july, promprfy snd fully pe~tormed, d~scAargcd, executed, eltected, compkted, complied with and abided by, then in e~ther w any such event the fa~d ag gregate sum mentioned in sa~d promisswy note then remaining unpaid, with interesl accrued, and a~l moneys secured hereby, sMll become due and pay- eble fo~thwith, w thereafter, at she option of said MORTGAGfE, as }ully and completcly es if all of the said suma of mo~ey were aiginally st;pulated to be pa~d on such day, anyfhing in sa:d promisswy ~ote w in this Mo~tgage ~o the contrary notwithstand~ng; and Ihereupon w thereaFte~ at the optia? of said MORTGAGEE, without not~ce w demand, suit at law w in equily, fhr~rtore w thereafter begun, may he Frosecvted as if a!! maneys secu+ed ?xreby ~ had matu/Bd p7~Of lo its institutiDn. 7. That in the event that at the beginning oi or at any time pending any suit upon this Mortgsge, or to foretlose it, w to retorm it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to 1he Cou~t having jur~ad~c~io~ thereof /w the appointment af a Receiver, such Co~rt shall farrhwith appoint a reteiver of said mpngaged property aIl and singuta?, intlud~ng aIl and singuiar the income, prof~ts, issues and revenues irom whatever source derived, each and every of wh~ch, it be~ng expressly unders~ood, is hereby morrgaged as if spec~ficatly uf ionh and deuribed in the granting and ~ habendum clauses hereof, and wch Receiver shaU have all ?he b~oad and effecrive funct~ons and powas in anywise emrusted by a Court to a Reteiver, and s~ch appointment shall be made by such Co~rt as an admined equity and a matter of absolute right to said MORTGAGEE, and without rtference to the adequacy w inadequacy of the value oi the prope~ty mo~tgaged or fo ehe so;vency o~ ~nsolve~cy oi sa~d MORiGAGOR w the defendanfs, and that such rems, profifs, income, issues end revenues shall be appi;ed 6y such Receive~ a~cord+ng to the lien or eq~ity o( said MORTGAGEE and tne practice of such Court. 8_ To d~ly, promptly snd fully perform, discharge, execute, effect, complete, comply wi~h and abide by each and every the stipufations, agreements, conditions and covenanh in sa~d promissay note and this mwtgage set forth. 9. ?hat in the event the ownership of the mortgaged p~emises, a any part thcreof, becomes vested in a person other than the MORTGAGOR, the h~.ORTGAGEE, its successors and assig~s, may, without notice to the MORTGAOR, deal with such successw or successor in interest with referenct to this mortgage and the debt hereby secured irt the same manner as with Morrgagw w;thout in any way vitiating or dixharging the Mortgagori liability Ikrr vnde: or upw~ the debt he~eby secu.ed. No sale of the premises hereby mo~tgaged and no forbearance on the part of the MORiGAGEE or its successors vr assigns and no ezt.ns~on of the time fw tF~e. payment of the debt hereby secured given by tke MORTGAGfE or its suctessws or auigns, snall operate ro release, d~scharge, mod~fy change or affect the original IiabiGty of the NtORtGAGOR hercin, either in whoie w in part. ~ 10. It i~ speNficatty ag+eed that time is oi the essence of this contract and tha! no waiver of any obl~ga~~on hereunder or of the obfigatwn se- c~red hereby shal~ at any time thereafter be he:d to be a walver of the terms hereof w of tlx instrument secured herby. 11. In addYio~ to the fwega ng month!y paymenrs of prir.c pal and interest requ~red by the prom;ssory no~e secu.ed bereby, mortgagor covenants a~d agrees to pay to mo:tgagee w~th each momhiy pay~„ent an add~rional wm esr~mated by mortgagee to be eq~al t~ l; 12 of fhe an~ual cost af the follow- ;ng: A-Att real property taxrs levied or assess:~d ayai•,st. the above described reat esrare. B-Premi~ms on fire and wir.dstorm insurar:ce as herein requ~~ed to be carried on the improvements s~tuate on the above described premises. C-P~emiurns on such mortgage guaranty insu~a..ce as mcrtgagee shail from t:me to ti~r.e deem fit to carry on the loan secured here6y. Mortgagee shai! from time to t~me notify mortyagor in writ~rtg of the amount due and payable hereunder and such sum shall thereupon be due and F ayable on tE~ due date of the next monthly payment and each svccessive momh thereafte~ ur.ril mortgagee shall notify mortgagor of a change in such a~~:ount. Such sums shali be applied by mortgagee toward the payment of ~eal property iaxes, irtsurance p~em:ums, and mortgage guaranty insurance p~emiums. IN WIT~IESS WHEREOF, tlu sa~d MORTGAGQR has hereun?o set h;s hand and sea! !he day and ~ r first aforesaid. , i 5' ned, Seal~/~j an livered in tfie resence of: `i~+t-L.ti- r • ~{iLtiL.I,L~.CV ~ ( 1 SS ` Lo ' L F ischer ~ ~ (5es9 , - ~ ~ t~an , 7NfJ~S E. F eisc er txa~~ S i ATE OF ~rw~? r, ss. COUNTY OF rJ~~f~ ~ , Before me pe,sonally appeared t•0u~5 L. F1Q1SCh@r and _ Ruth E. Fleiseher his wiie, to me well known and known to me to be the individua(s described in and who executed the foregoing instrument, and acknowtedged before me that they executed 1F~e same fw the purposes ~herein expressed. And the said Ruth E. Fleiseher N:fe of the aaid T.0172S i.. Fleisehex upon a sepa~ate and private exam~nat~on by me taken separate and apart from her said husband, aCknowledsed fo. ar~d befo~e me that she executed said irsstrument freely and volun- tanly a~d without any computsion, constraint, apprehens:on, r of or f id hvsbdnd.' WITNESS my hand and offiual seal thi ~ 1 A. D. 19_Z~ 3~"`~ ~ : 9' ~ Notary Public ir nd for the State of Florida et Large # aG ` ~v ~ ~ ~ .Commiuion expires: Return To: ' ~ tJ~~ ' ( q ~ First Federel Savings d. loan Associatiun ~ ~ t 01 Fort ?:erte. e - ' n~ Fort P~erce, Florida ~ ~ /LEO AMD aECORDED f~. tUC~E ~aUMTY FLA. Gar F. Bllwood ROG:R RO~TRAS This Instrument Prepared By Y CIERK Ci~CUiT COURT t First Federal Savings & loan Association RFCOR9 VF??~1~0 1 of Fort Pierce , Florida ~y 9 03 aM'73 Checked By $ooK21s ~f~.s56 Sb z~z~ ~ : - ~ ~ ~ ~ ~ ` ~ ~ ~-~~,~~,r ~ i , ~ ~ F . . _ ~