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To place and continuously keep on ~he bui!d~ng~ now or hereah~r ~iruate on se~d fand and on ali equip+nen~ and perso~atly covered by ~h;~ ma~g sgs, with sll premiums fhe~ron pa:d in (ull, (ire inswance ~n the uwal standa~d poGty 1orm, in ~ sum appioved by ~he MORiGAGEE, and winds~o~m r insurance in Ihe usual standard pol~c~ torm, in a sum approved by the MORiGAGEE, in iucA tompany or cornpan~es ~s the MORTGAGEE may direc?; a~d all fiie anc~ w;nds~o~m insurance poGc;ei o~ any of sa~d lw~id~n9s, any intere~t therein or part the~eof, in ~he aggrega~e sum afae~aid a 1n excefs thereo}, ihall con~ain ~he utual a~andard mw~gagee clause w such o~he~ clause +s the Morlgagce may req~~re, ma?ing ~he Io~~ u~de~ aa~d poli- ues, ea<h and eve~y, payabte to sa~d I~SORTGAGEE as ~h ~necro~l may appear, and each and every iuch potrcy shalt be prarr,ptiy ass gned and de:~ve~ed ~o Any held by said MORiGAGEE as fw~htr seturity to sa~d monyage dzbt, and, not Iess ~han ten (101 dsys in adrance of 1he eYpiration of each policy, to de- IiJsr lo said MORTGAGEE a renewal thertof, toge~ha wi~h a receipt ior the pre~nium of such renewal; and there shall tae ~o (~re or w~~ds~o~~n in~urance plated o~ ~ny of said buildings, any intere~t thaem o~ psrt tF~ereof, unless in Ihe fo~m and with 1hs los~ payab!e az afaessid; and in the evenl any sum of money becpmes payable undsr such policy o~ pol~cies said MOR(GAGEE shall have ~he opi~on w rece~ve a~~d apply the same on accouro of the indebted- ne~s secured Ae~eby w ro permit said MORYGAGOR$ to rece+ve and use i1 w any pa~~ thereof ior osnc•r purE:o:es. .•.~~nout eh.~r, ai waiw~.~~ cr ~~~~p.,i~- ing any equlty, IFen or r;ght undcr w by virtue of this mo:cgago; and in the evenl satd MORTGAGORS sAall 4w any reason fail to kcep the sa~d premisas io ~ ~nsurcd, a Jail to detiver prompdy ~ny ot said pol,ucs of in~4raoce fo u~d MORTGAGEE, or fail promptly to pay fu~ly any pre~+~ium ~heretw w in anr reipect fail ro perfwm, d~scharqe, eaecute, effect, complete, comply with and abids by ~his cove~aM, w aoy p.~rt hereoi, sa~d MORTGAGEE may p~ace and ~ pay fa svch iruuranc~ or any part the~eof w~~hout waiving w affecting any option, lien, equ~ty, or righ~ under or by virtue of ih~s Ma~gaye, and the full amouro of each and every such paymant shall be immediately due and payable and •hall bes~ inrerea~ (rom the da~e ~F+e~eof uni7l paid at the ra~e ol , nine pe~ tentum pe~ annum and to3ether with such interest shall be secured by the lien oi this mottgage. ~ 1. To permit, tommit w suffer no waste, impairmenl ot deterioration of said property o? ,ny par~ ~he.eof. S. To pay al) and s~ngutar the costs, charges ar~d expe~ses, including a~easonable attwney't fee a~d costs of ab~nacb o( title, incurred or pa~d at any time by said MORiGAGfE, because or in the evem of ihe ~ailure oo the part of Ihe said MORTGACsOR to duly, promptly and fu11y pe.fprm, d~xharge. execure, eiFec?, comptete, compfy w~th and ab~de by eacF~ and eve?y ~he st~pvla~~ons, agreements, cw.ditions, and covenants o( ia~d prom~ssory note a~d thu mor?gage any p e~tAer, and sa~d costs, charges and eapenses, each and every, shall be immediately due a~ payabte; wherher o~ nae rhere Fx norice de ~ mand, attempt ta collect or ~vit pcnd~ng; and ~he tul: ameunt ot each and every svch payment shall bear inrerest from ~he date thereof uro~l paid at tAe r~re oi ~~ne per centum pe: a,~~~u:n; and all said costs, charges and expenses incurred or paid, ~oge~her w~~h such interest, shall be secured by the lien of th~~ mottpage. b. That (a) in the evenr of any brea<h of rhis Mortgage w defaulr on fhe part of the MORTGAGOR, w(b) in the event a~y of ss+d sums of money herein reterred to be not p~ornp+ly and fully pa~d wi~hi~ th~rty ~30) days nexi afrer ~he same severally become due and payable, without demand or ~o~ice, or (c) in the event each and every Ihe atipu(at~ons, agreements, conditions and toverwnts oE sa:d prom~sw~y r+ote and ?h~s mortgage any a either are no1 iuly, promptly and iully performed, d.scharged, executed, effected, completed, complied with and ab~ded `ay, lhen in e~ther w any such event the sa~d ag greyate sum mentioned in said p~omissory note then remsining unpaid, with inte?esl accr~ed, and a11 moneys secured hereby, shaN betome due and pay- abte forthwith, o~ rherea:ter, at the opr~o~ ot said MORTGAGEE, as (ully and completely as ii a1! of fhe said sums of money were a~ginaily st~pulated to be pa:d on such day, any:hing in sa;d prom~ssay note w in this Mo~tgage ro the connary notwi~hatandmg; a~d thereupoo or thercatter a1 the oprion of sa~d MORTGAGEE, wufwut nor~ce or demai~d, suit at law .x in equity, therefore or thereafter begun, may be prosetWed ss if all moneys secured hereby had mdtU!!d f1f~Of ~O tt2 iQititUf:Ofl. ° 7. That in 1he event that at the beginning of or at any ~ime pending any suit upon this Mortgage, or to foredose it, w to refam it, or to en(orce payment of any daims hereunde~, said MORTGAGEE shatl apply to the Covrt having jurisd~ct:on thereof for the appointmenf o1 a Receiver, such Court shall forrhwith appoint a recei~er of said mortgaged property all and singula?, inc:ud~ng all and singular the inccme, prof~ts, issues and revenuea from whatevtr seurce derived, each and every of wh~ch, i~ being e,cpressty understood, is hereby mortgagrd as if speu(icalty set iwth and dexriE`d in the graniing a~d habend~m ctauses hereof, and such Receiver shap have all the broad and effective funct~ons and powers in anyw~se entrusted by a Court !o a Receiver, and s:.ch appointment ahall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, snd withoul reference to the adequacy a inadequacy of the va(ae of the property mortgaged or to the so~vency or insolventy of said MORJGAGOR or the defe~dants, and ~hat such rent3, profits, i:xome, issues a~d revenues shalt be appi~ed by such Receive~ accord~ng fo the liew or equity of uid MORTGAGEE and the praU~ce of such ~OUf}. 8. To du1y, promptty and fully perform, discharge, execute, effea, complete, compty with and abide by each and every the stipulatia~s, agreements, cond;t;ons and covmants ~n sa~d prom~sswy noie and th~s mortgage set forth. 9. That in the event the ownersh~p of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGpR, the MQRTGAGEE, its 3ucceuors and ass~gns, may, without nouce to the MORiGAOR, deal with such successa or successor in interesf wirh refe~ence to this mortgage and the debf he~eby secwed in the same manner as with Mortgago~ without in any way vit;ating or d~xha~ging the Mortgagorz' liability F?ere~ under or upon the debt hereby sec~r~. No sate of the prem~ses hereby mortgaged and no forbearance on the part of the I~IORTGAGEE or its succeuors or auigns and no extens~on of the time for the payment af the debr hereby secu+ed given by Ifie MORTGAGEE or its successwa w au~gns, a1w11 operate to release, d~scharge, mod~fy change or affect the original Iiao~l~ty of the MORiGAGOR herein, either in whole or in part. 10. It is speuficatly agreed ~hat t~me is of the e:sence of th~s cororact and ~hat ~o waiver of any obt~gatlon hereunder or of the obligation sr c~~red hereby shap at any time thereafter be held to be a waiver of the terms hereof w of fhe instrument secured he.by_ I I. fn add~tio~ to the (orego ng mo~rhty paymenis of princ pa! ar~d inrerest reGuired by !he promisw?y no!e secured hzreb~, mortga~or tovenants ar.d agrees ro pay fo mortgagee ~ith each month!y payrneni an add.:ional sum estm,a~ed by mortgagee to be equal to 1 j 12 of the an~al cost of the follow- A-All real property taxes lev~¢d or assessc~ci agai•~st the above describcd real estate_ , B-Arem;urres on fire and v,ir.dsto~m ~nsvrarce as herein rrq~;red to 6e carried on the lmprovemeMs situate on the above d~scribed premises. C-Premiums on wch mong3ge guararay ir.surar.ce as mortgagee shafl fro:r.t;me to time deem fit to tarry on the loan secured hereby. Mortgagee shail from ti~ne to ti:ne-notify morrgagor in writing of the amouet due and payable hereunder and such sum aha;t the~eupon be due and ~nyable oo the d~e dare flF the nexe monrhiy paymen? and each wccessive month thereaiter ur,til mwtgagee shall notify mortgagw of a charw~e in such a,~~ount. $uch sums sFa:l he appfied by mortgagee toward the pay~nent of real p~operty taxes, insura~ce prem:~ms, and mortgage guaranty insurance p~emiums. IN WlT~2E55 Y~HEREOF, the sa~d MORTGAGOR has hereunto set his hand and sea! the day year first af esai . Signed, Sealed and delivered in.the presence of: •1) ~ ~ ~ t' na ld H. eMeu es ~~a~y f ~ ' rseaq ~ - (Sealj 57ATE OF fLORIDA . COUNTY OF St• LLlC1C ~ S5. 5 ~ Befwe me personally appeared ~nald H. ~~1e111@S~ a single dClLilt F ~ -k~.y~{,~, to me well known and know~ to me to be the individualj described in and who executed the foregoing inslrumeM, and atkrwwledged before me that )he~ executed the same tor the purposes therein expressed. J1~d~Fyraid, ,r~of~iK~id 1ffi~'illiRQi[itCill~~l~~~ i v«wi~wow.by~s+a~.alr~n. ~e*aw~ae•a~i ~psw ~w~+w ~iw~7i ~wbawJy~aak~wowierd9ed ~o.ww1 i~ien+rw ~Iw~si~~ ~sewwei ~ai~d~iwaavrwawt~.f~a~f~r Nwd.wlri? tac~iY.ind.~it~a?~La+W~kiorti.c~Yr~iol..appr~ 1w~i.oLas.E~JNC-said.h~~~f. • WITNE55 my harr.~ and officual seal this d~ of ~ " , A.~ D.. 1~ - 73 ~ Notary Public in and !or the tate lorids st Large My Commission expires: Retum 70: ~ , ~ - first Federal Savings 3 toan Ass«~arion NOTAHIi PUB!~.;ST'~'f ot FLCRtAA at LI~RGC - ~ R Oi ~o•t P:erce. MY CO`:'.;1: ~-7: t` EC. 29. `}97tJ - fort P~e:ce. Fiorida BondeC Ti~~~ n~ ' i ' R undCn~YFttIL . . .•j'.. • , . i1lEO aMO RECGkofO ~ • ' ST. IUC~~ GOUKTr FU. ~ ~ ~ ~ ~ ROG=.°. PO'TRA$ ~ . This Instrume~t Prepared By John W.Collins C~FF~ ~~z~~iT C~oUaT ~r~r~ First Federal Savings & Loan Association RECORO Y~~.~~~EO G~~~ of Fort Pierce~ F2oricia ~ . i9 9 03 AN'73 Checked By ao~z ~~s N~c~ ~s~ ? js ~ - ~ ~ ~.~a--~ Y „ - - ~ :.:~~'x~ _ ~ _ . . ~-~w . .f g ~.~~M.