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To place and cont~n~oualy keep on thc bui:d~ngs now o? he~eafter ~ituate on said land a~d on slt equ~pmenr and perso~ally cotiered by this matg- sge, with sll premiums thereon pa~d in !ul1, lire insvrance in ~F+e usual sranda~d polity form, in • sum approved by ?he MORTGAGEE, a~d wi~~ds~orm insurance in ths usual ~tanda~d pot;cy iam, in • sum approved by ~ha MORiGAGEE, In such compa~y or companies aa tM MORiGAGEE may direc~t and all firo and wlr.dstorm insurance pot~cies on any of said bu'+Id~nyt, any inte~eat tberein w part the~eof, in the pggrega~e wm afacsa~d w in extess lhereof, shall contain the usual standard mwtgagee claute w suth olher ctaus~ as the Mortgagee may requ~r~, making the Ioss under sa~d poli~ cies, each a~d every, payable to said MORTGAGEE as ~ti intereit may appear, and each and every tuch pol:cy shal! be p~omptly ass gned end delivered to •ny held by sa~d MORIGAGEE as Iu~ther security to said mortgage debt, and, ~ot iess ~han ten (10I days in advance of the expirat~on of each policy, to dr live~ to said h~ORTGAGEE a rcnewal the~eof, together with a receipl for the premium of such renewal; arid ~here shall be no fire or wind:ro.m insuranc~ p~+csd on any of taid buiidings, ~ny interest therein a part thereof, unless in !M form snd wi~h tM ~oss peyable a~ aforesaid; and i~ the event any tum c+1 nwney becomes payable under suth polity w policies seid MORiGAGEE shall have ~he optio~ to roceive and apply the same on accoum of ~he indabted~ nru secur~d hereby w to permit said MORTGAGORS ro receive snd uu it w. any part thereof for o:her pwposes. ~vi~hout th_~+~u~ wai~in~ w~~»pair- - ing any eqv~ty, lien oi right unsier or by virtue of this mortgage; ~nd in the evem wfd MORTGAGORS shall fa any reason fail to keep ~he said pr~m~~rs so jnsured, w fail to delive~ p~omptly any oi seid policies of insurance to w~d MORTGAGEE, w fail promptly to pay futty any p~e~n~vm therefw or in any respect tait ro perfwm, d~scharge, execute, effecf, complete, tomply with and ibide by this covenant, w+ny part hr~eof, said MORTGAGEE may place •~d paY fw such insurance w any part ~hereof wi~hout waiving w ~ifectiny any op~ion. lien. eqv~fy. or ~~9h~ under a by virtw of ~his Ma~gage, and fhe full ~mount oi each and eve?y svch payment shalt be immediately dua and payabte and shatl bear inle~es~ irom the dars thereof until pa~d at the rate ol nine per te~tum per annum and to~ethe~ with such i~terest ahall be secured by 1he lien of !his mort9spe. ~ To permit, commit or suf(er no waste, impairme~t w deterioration of said p?opcrty p any part thereof. • . 5. To pay al~ and singular the cosls, charges and expenses, including a reasonable attw~ey'i fee and cos?s of abs~racts of titfe, i~curred w paid at any time by uid MORTGAG£E, txcause M in the event of the failu~e on the part ot ~he said MORTGAGOR to duly, promptly and futly perfwm, d~uharge, execute, effed, comptets, comply w~th and abide by each and every the stipula?~o~?s, a9reements, conditions, and mvenants oi said promissory ~ote and thi~ rr.ortgage sny or e~~he?, and sa;d costs, cherges a~id expensas, euh aru! every, ehall be immediatety due and payable; whether a not the~e be no+ice de mand, at?empt to collect a wit pend~ng; and ~he full amo~n~ of each and every such psyme~t shall b~a~ interei~ from the dste thereof until paid el the r~re of nine per centum per am~um; ane~ all said costs, charges and expenses incurred or paid, togethe~ w~th such interest, ahall be saturtd by the lien of this mwtgsge. b. Thst (a) in the event of any breach of this Mortgage or defautt on the part of the MORTGAGOR, or (b) in the event any of saEd sums of money herein referred to be not promptly and fully paid within thirty (30) days next afler the same severaily become due and payable, without demsnd or notite, or in the event each and every tFe stiputations, agreemenn, conditions and covenants o! sa~d promiuory note and th~s morlgage any or either are no1 iuly, promptly and fu11y periwmed, d:scharged, executed, e4fected, comptered, complied with ar.d ab~ded Sy, then in elther o~ any such event the ~a~d ag g~egate ium ment~orx~d in said promisswy note then remaining unpaid, with interest accrued, and at1 moneys secu~ed hereby, shall become due and pay- able fo~th~vith, or thereafte~, at Ihe option of said MORTGAGEE, as fully and completely as if all of the said sums of money were o~ginally itipulated to be paid on such day, anythirg in sa:d p~omissory nate or in this Mortgage to the toro~ary ~otwithstanding; and ti~ereupon or 1F+ereafte~ at the opt~on o~ said MORTGAGEE, without notice or demand, suif at taw or in equity, the~e(we o~ the~eaftc~ begun, may be prosecuted as if all moneys secured hereby bad mawrcd pr~w to ds institution: 7. That in the event tAat at the beginning of w at any time pending any su~t vpon ~his Mortgage, a to foreclose it, or to re(orm it, w to enforce payment of any claims he~eunder, said MORiGAGEE shatl apply to the Court havirtg jerrlsd~ction the~eof fw the appointment of a Receive~, auch Court shall forthwith appoint a receiver of said mwtgaged property al! and singular, indudi~g all and singular the intome, prol~ts, issues a~ revenues from whatever so~rce derived, each and every of whlch, it be~ng expressly underatood, is hereby mortgaged as if spec~fically set iorth and deuribed in the granrirg and habendum clavses hereof, and such Receiver shall have aIl the broad and eftective funu~ons a~d power~ in anywise ernrusted by a Cou.t to a keceiver, and s~ch appoimmrnt shall be made by svch Court as an admitted equity and a rr~lter of absotute r~gM ro sa7d MORTGAGEE, and without reference ~o the edequacy w inadequacy of the va(ue oi the prope.ty mc+.tgaged or ~o ehe soivency or insolvency of said MORiGAGOR a the defendants, and that svch rents, profits, incorne, issues and revenues shall be applied by auch Receiver accordmg to the lien w equity of said MORTGAGEE and the prattice of tuch Court. S. To duly, promptly and ful(y per'wm, discharge, execute, efiect, comptere, comply rrr~th a~d abide by each and eve~y tAe stiputations, agreeme~ts, condiYpns and covenants in sa~d promisswy note and this mortgage set forth. 9. That in the event the ownersh~p of the r.+w~gaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successas and assigns, may, without ~ice to the MORTGAOR, deat with such successor or successor in interest with relererxe to lhis mortgage and tbe deof heieby securcd in the samt man~er as with Nbrtgagor without in any way vif~ating or dixharg~ng the Mortgagors' fiab+lity htrr under or upon the debt hereby secured. No sale of the Fremises hereby mo~tgaged ar+d no forbearance on the part of the MORTGAGEE w its sutcessors or assigns and no exsension oF rhe time for rhe payment of the debt hereby secured given by 1Fx MORiGAGEE or its successors or auigns, ahall operate to release, distha:ge, rtadify thange or affect 1he original lia6ility of thc MORTGAGOR herein, either in whole o~ in part. 10. h is specifically agreed that time is of the essence of this tontract and thal no waiver oi any obl;gation hereunder w of the obligation se- cured hereby shall at any t+me thereafter be hetd to be a waiver of the terms hereofi a of the instrumenl secured herby. l i. 1n add~tion to rhe forego'ng month!y paymsnts of p~inc'pal and inrerest required by the prom~ssory note secured hereby, mortgagor covenants a~d agrees to pay to morrgagee v~ith each momhiy payment an add~rionaf sum es!~mated by mortgagee to be equal to 1 i 12 of the an~uat cost of the follow- in(3: A-All real property taces levied or assessed agai•~st thc above described real estate_ ; B-Prem~ums on f~re and windstor+n insurar:ce as herein requ~red to be ca~ried on the improvements situate on the above described premises. - C-Premiums on such mwigage guara~ty irsurance as mwtgagee shall from. t~me to ti~ne deem fit to carry on the loan secured herrby_ Mortgagee shaii from time to t~me rotify mortgagor ~n writ~ng of the amount due and payable he?eunder and such sum shatl thereupon be due and Gayable on the due ciate of the next m.onth:y p.iyment and each succeasive month thereafte? ur,til mortgagee shall notify mortgagor of a charge in such amount. Such sums sF.a:l be app!ied ongagee toward the payment of real property taxes, insurante prem:ums, mid mortgage guaranty insurance p~emiums. tN Wl7NE RfOF, the +d M GOR has hereunto set his hand and seal the day and year first afwesaid. ed a d red i~ e p~e n of: O".L- 1 - ~'I G r.Z.J~-+--' (5e+q - - J T. I?1 @8 Sea~ . r ` , Sean E ! . D 1X B. MoG ee (Sean f ~ i STATE OF FLORIDA ~ ' COUNTY OF St. LUCl@ ~ ~ ~ f Befwe me personally appeared •~Oe T. MoGee a~ f ` Dixie B. ' t ~ee his wite, to me well known and knov~m to me to be the individuats desuibed in and who executed the fo?egoing instrument, and acknowledged befwe me that they extcured the same for the purposes rnerei~ expressed_ And the said Q~Yia R McC`QQ s w~fe of the said .jpQ T• ~pQ upon a separate and privats ~ examinat~on by me taken separate and apart from her said husband, acknowledged to and befwe rtx that she executed said instrument fresly and volun- ~ rarily and without any compulsion, constraint, apprehension, w fear of w frwn her said husband. j ~ WITNESS my hand and official seal this ~ day .1111 A. D. 19~3 ~ k i . ~ ` . _ ~ / Notary Aublic in s w the a~ ' a H~iip't ' My Commission expires: ' ` " Rer~~~ ro: r~ ar Dus~~c srA1F ef-floR~~A a~-i~RGE---- ` Firtt Federal Savings b Loan Association '•'Y- „(jJfi~ii ~(P{~ D~~.~ l975 ; Of Fo:t P:erce. _:.-:O~d ir•~ winey~_tc~''i~ae~fse~y.p~~•~r;•~•, Fort Pierce. Flor~da ' ~ ~ ' f LED ~y~ REC~ROED , s , . ' . ~ S~.LUCiE ~QUMTY flA. '~:~„u:.,•.~ ` i ` J. H. Roberts Jr. . RdG~4'~i~RAS ~ i ; This Instrument Prepared 6y . C,.ERK:.~i;:Wt CQUR _ First Federal Savings 8~ Loan Association REC~F~ vER:~s~~ of Fort Pierce Rlorida - ~ ' J~u. c~ 9 z6 aH'73 Checked By ~ _ 259634 = soox216 PA~21?~ ~ ; ~ ~~'~'.Yfi:.....~''~ P ~s.- , - ~ ~