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To p~ace and toroinuo~sly keep on Iht b~i'd~ngs now ot hereafter s~tuate on ta~d land s~d on all equ~pment and personal?y cove?ed by thif mo~~g- age, with ail premiums Ihereon pa~d in fu~l, fe~e insu~a»ce in the usual sta~dord poiicy form, in a sum app~oved by Ihe MORtGAGEE, and windstorm ~ns~rance in the usua) sranda.d pol~cy fo~m, in a sum approved by ~he MORTGAGEE, in sucA company o~ c~pan~es ai the MORTGAGfE may dlrec~; and all iiro and w~nJa~orm insurance poliues o~ eny of said bui~d~ngs, any int~ras~ ~herein o? par~ thereof, in the aggrega~e wm atoresa~d w in exce~s ~hereo(, ~hali contain ihe usual standa~d morlyagee ciause o+ such othe~ clause ~s the Mortyagee may ~equ~re, makiny ~he ~o:s undrr sa~d poli- cies, each ~nd every, paya5le to said MORTGAGEE as its interest may appea~, and each and e~ery tuch pot~cy shaU be promptly a~s gned and delivered to eny held by said MORIGAGEE as iu~thes secu+ity ~o sa~d mor~gage debt, and, not leu than ~en (10) dayf in advance o( the eap~~ation of each policy, ~o dr I~~er to said MORTGAGfE a r~newal thereof, toge~he~ with a rece~pt fw ~he prcm~um of such renewal; and ~here shall be no f~rQ or windsto~~n insurance placed on any of sa~d buildings, eny interest there~n or part thereof, unlss~ in ths (o~m and wifh ~hs loss payable as aforesaid; and in Ihe event any :um 04 money becomes paYabte undc~ wch policy or poGcies said MORTGAGEE shall have ~he opnon to receive and appiy ~he ~ame on accoun~ of ~he indeuted- neu secured hereby a ro permit sa~d MORTGAGORS to receive and use i~ w any part ~hereof for otnrr purf»srs, v.lthouf th_r. o~ ~ti~i+i~i~ or unp~ir- ing any equ~ty, l;en w right under or by virtue of ~hii mov!gage; and in Ihe event sa:d MORTGAGORS shall fa a~y reason fail tp keep the said premisas so insured, w fail to deliver promptly any oi said poGt~es oi i~isurance to said MORIGAGEE, or fail prompl!y fo pay (u(ly any premium thcrnfor or i~ any respect fail ro pe~(wm, d~scharge, execute, ef(ect, cwnplete, comply wi?h and abide by thif tovenanl, W any part hereof, seid MGRTGAGEE may place a~~d pay fw such insurance or any part Ihereof withoul waiving or affecting any option, lien, equity, or right under or by virtue of this Mort9age, and the tull amount of each and every such peyment shall be ~mmediately due and payabfe and shall bear interest from the date thereof until paid at the rate ol n;ne per centum per annum and ~o~etAer with such interrst sha~l be secured by the lien of this mwtgage. 1, To permit, commil or sufter no waste, impai~ment o~ deterioration of said property or any part thereof: 5. To pay all ar~d singular 1he costs, charges and expenses, ~ncluding a reaaonable attwney i fea and costs of abstracts of t~tle, incurred or paid at any time by said MORTGAGfE, because w in the event ol the tailure on the part of the said MORIGAGOR to duly, promptly and fu~~y pe~(orm, d~scharqe, e.ecute, effect, complete, comply with and ab;de by each and every the stipulano~s, agree~nents, ca~d~tions, and covenants o; said p~omissory note and thii mortgage any w eithe~, and sa~d tosta, charges and expenses, each and every, shell be immediately d~e and payabte; whether or not there be noti~e de mand, attempt to co!lec~ w suir pend~nq; nnd rhe iull amount of each and every such payment shall bear inrerest irom the date thereof until paid at the rrte of nice per centum per annu:n; and a11 said coats, charges and exprnses incurred w paid, together wah auch intereat, ahal~ be secured by the i~en of this mortgasjs. 6. That (e) in the event of any breach of thia Mo+tgage or default on the part o( the MORTGAGOR, or (b) in the event any of satd sums of money herein refe~red to be not pranptly and fully pa~d within th~rty {3py days next after ~he same severally becomc due and payable, without demand or notite. or (c) in the eveN each and every the stipu~aiions, agreements, condirions and covenants of sa:d promisw~y note and th~s mortgage any w either are not ~uly, prompdy and i~lly performed, d:scharged, ezecurrd: eifecred, completed, complied with and abided 5y, ~hen in e~fher or any such eveN the said ag gregate sum mentioned in said promissory note then remaining unpaid, w~th inte:esi accrued, a~d aN moneYS secured hereby, shail betome due and pay~ ab~e forthwith, p therealter, at the option of sa~d MORTGAGEE, ss fulty and completely as if all of the said sums o~ money were a~gina:ly st~pulated to be paid on such day, anything in sa:d prom~ssay ~ote or in this Mortgage to the contrary notwi~hstand~ng; and thereupon w thereafter at the opt~on of sa~d MORTGAGEE, without nonce o~ demand, suit at law or in equity, fherefore or thereafrer begun, may be proaecuted as if all moneys secured Aereby n_d matured prior to ~ts institut~on. 7. That in the event that at the beginning of or at any t~me pending any suit upon this Mortgage, w to forecloee it, w to reform it, o? to enforce paymenl of any cia;ms hereunder, said h10RT(',AGEf shatt apply ro fhe Court having junsd~ct]on thereo! for the appointmero of a Receive~, such Cour! shall fcrthwi~h appoint a receiver of said mortgaged property aIl and singular, incl~d~ng all and singula: the incpme, prof~ts, issues and reve.^•ves irom whatever s~wce derived, each and every of .vhich, it be~ng express4y ~nderstood, is hereby mortgaged at if speu(ically set forrh and described in the g?aming and h,bendum clauses hereof, and such Receiver shafl #~ave aIl the broad and efiective funu~ons and powe.s in anywise emrusled by a Court to a Receiver, and s_,h appoin!ment shatt be made by svch Co~rt as an admitted equity and a maner of absolute r~ght to said MORTGAGEE, and without reference to the e:'equscy a inadequacy of the vatue of rhe proaerry morrgaged oc to the so.ve~cy or ~nsolvency of said MORTGAGOR or the defendants, and that such r_•~rs, profits, iacoene, iuues and revenues shali be appGed by such Receiver accordu~g to the lien w equity of wid MORTGAGEE and Ihe p?aUice of such Court. . 8. To duly, promptty and fu((y perform, d~scharge, execute, effec!, comp~ere, comply with and ab;de by eacb and every the st~pulatior.s, agreements, conditions and covenanfs in sa~d promissory note and th~s mortgage set fwth. 9. That in the event ihe ownership of the mortgaged premises, or any part thereof, becomes vested in s perspn other than the MORTGAGOR, the :'.ORTGAGEE, its successors artd ass~gns, may, without notice to the MORTGlIOR, deal wi~h such successor or s~ccessor ~n inlerest with reference ~o )his mo~igage and the debt hereby secured in 1he same mann¢r as with Mortgago~ w~thovt in any way vitoating w d~xharging the Mortgagori liability here- ~nder p upon the debt hereby secured. No sa~e of the premises he~eby mortgaged and no forbearonte oo the part of the /AORTGAGEE or its successors or assigns and no earension of the time for the paymenl of the debt hereGy setvred given by the MORTGAGEE or its successors or ass~gns, a~tiall operate ro release, d~scharge, modify change or a(fect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that tfine is of the essence of this contract and that ~o waiver of any obligafion hereunder or of the obligation se- c~r¢d hereby ahatl at any time thereafter be held to be a waiver of the terms hereo( or of !he instrument secured herby. 11. !n add;t;o~ to rhe foregon~ monthly ~~ymenra of pnnc'pal and interes~ requ~red by the prom~ssory no!e secured Fereby, mo:tgagor covenants ~~~d agrees to pay to mortgagee N.rth each monih!y payr:~ent an add~~ional sum esnmated by mo~tgagee to be eq~a1 to 1, 12 of the ann~al cost of the fol(ow- ,g: A-Alt real property taxas levied or assessed agai~~st ihe above desvibed ~ral esrare. B-Pre~r.~~ms on fire and wind>to:m ~nsurarce as here~n requ~red to be carried on the imarovements situase on ihe above described premises. C-Premiu:^s on such mortg;ge g~aranty ir.sura~.ce as mortgagee shafl from t~me to t~me deem fit to carry on the toan sec~red hereby. Mo:tgagee shaS! from time to ti-ne nori4y mortgagor in writ~ng of the amount d~e and payable hereunder and such sum shall thereupon be due and ; s;able on the due da~a of the next rr.onth:y payment and each successive month thereafter urdil mortgagee shall not~fy mortgagw of a change in such ouM. Such wms sha:l be appiied by mortgagee :oward the paymeM of reat preperly taxes, insurartce prem~ums, and mwtgage guaranty insurance ~~•emi~ms. ~ IN \'VlTNE55 •:+'HEREOF, the said MORTGAGOR has hereunto ut his hand and seal the day and year first afwesaid_ Signed, Seaied and delivered in the presence of: ~ ~ af) _ J hn J. ranek ~~a~ _ ~ (5eat) _ Ida S. Beranek r~ai) STATE OF I llinois 1 ~ i ~OUNTY OF COOIC ~ ~ John J. Beranek Before me personally appeared a~ i Idd rJ. Beranek his wife, to me well known and know~ to me fo be j me individua:s described ;n and who exec ted the for oing instrumeM, and ackrawledged before me that they executed the same for the purposes rh~•ein e:pressed. And the said ~da' Beranek : N~fe of the said .10 .1. Berane upo~ a uparate and p?ivate ~ e• am~natio~ by me taken separate and apart from her said husband, acknowledged to and before me thal she execufed said instrument freely a~d votun- '+~~iy and w~thout any compulsion, constraint, apprehe s~on, fear of or from her said hvsband. WITNE55 my har.d and official seal th~ ~ day of July q_ p~q 73 ~ Notary Pu ic in and for the State of Fbeids at large ' My Commission expires: 1L~//NOIS Return To: C(~pK ~ ~ dN Tr First Federa) Savings ~ Loan Assocfatlon 7~ ~ ; r: Oi Fort P erce. fOri Pierce. FlCrida 259'732 . . . ' - . ; This Instrument Prepared By Gary F. Ellwood f~~Ep ek~ kEG~RCED ` First Federal Savings & Loan Association ST_ lUi.1E C:uHN f~~• . . ~ RC'~ f of Fort Pierce Florid8 'c~ : ~i'~AS ~ ° G~ F~l. C~ ..vut } COURt . ~ Checked By p~eC=C :[~.c~E: . ' ~ Ju~ t~ 4 a4 PH'73sb eoaK z16 ~e~ 2, . . : - - _ _ _ - - _ S ~ ~ ~ ~ _ n'. . , , ' 1= _ . c~_._ a3~ r~..'~