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To plate and continuous~y keep on ~he b~i:din~~ now w herea(ter ti~tuate on sa~d Isnd and on all equipanent and personally covered by this matg- sg~, with all premiumf thrrro~ pa~d in full, fire ins~rs~ce ~n ~he usual s~sndard polity ~orm, in a?um spproved by 1he MORiGAGEE, and w~ndsTOrm insura~ue in the usua! standard policy 1orm, in a sum approved by the AA~RTGAGEf, in iuch company o~ tompanies as the N,OR(GAGEE may diretl; ~nd all firs and windstorm insurance policies on any o! said build~nfls, any iMerest fherein or part thereof, io the aggrega~e sum alwesa~d or (n extest fhe~eof, shati contain tAe vsual srandard mw~gagae tlause or such otha? clsuse ~s Iha Mo~lgagee ~nay rcqu~r~, rr,aAin~ Ihe loss under sa~d poli- c7es, each and every, payable to sa~d MORTGAGEE as ~ts intereit may appear, and each and eve~y svch poticy thall be p~omptly ass gned and detivered to any held by said MORTGAGEE as fu~tt~er security to said mortgaqe debt, and, no~ Ieu tMn ten (10) days in advance of the expiration of each pol~cy, to de- I;rN Io isid MORTGAGEE a ~t~ewal lhereof, logether with a rece~pt for the p?emium o( :uth renewaf; and there shatt be no fue or winda~o~m insurance placed on ~ny of said build~ngi. ~~y in~ereit there~n w part the~eoi, unleu in the form and wi~h the loss payable at alo~esa~d; snd in the event any sum o( monay betomes payable unde~ sutA polity w pol~cies taid MORTGAGEE shatl have ~he opt~on ~o receive and app!y the same on accovn~ of ~he ind~b~ed ness secured hereby w to perm~t said MORTGAGORS ro rece~ve and use it o? any part thereof for o+ner pu~~~osrs, w~~hout ~h~..ur wa~.in3 or ~r~~pa,.- ing any equ~ty, lien a r~yht undrr w by virtue of this mozrgage; and in the even~ sa~d MORiGAGORS shall for any ~eason fail to krep the said premises so insured, w fail to dcl~ver promptly iny of iaid policiea of insuronce to taid MORTGAGEE, or iail promptly to pay fully any premium thereior o~ in any respect fail to perfam, d~scharge, eaecute, effect, complete, comply wi~h snd abide by ~his coveoant, or any pa~1 hereof, ss~d MGRTGAGEE may p~ace a~~d pay for such in~urance w any parf thereof without waiving w affecting a~y pption, lien, eqv~ty, or right u~der or by vi~tue of this Mortgage, and the full amount of each a~d every such payment shall be immediately due and pyable and shall bear interest from 1hs date thereof unril pa+d at ehe ~a/e ol nine per centum per annum and to~ether with such interest shall be srcured by Ihe iien of thif mwtgage. t. To permit, commit or sufter no waste, impairmtM a dMerioration of sa~d property or any paA thereof. S. To pay atl and singula? the costs, cha~ges and expense~, including s reasonable attorney i fee and costs o( abstracts of title, i~curred o~ pa~d at any time by aaid MORTGAGfE, because w in the event of the failure at Ihe part of the said MORTGAGOR to duly, promprly and fully perlorm, d~uharge. exec~te, effed, complete, comaly w~th and abide by each snd eve?y the sti}wlations, a9reemenes, conditions, and covenants of said p~omiswry nofe and thii mortgsgs any a ei?her, and said cosri, charges and expe~ses, each and every, shall be immed;ately dve and payable; whether a not ~here be nor;ce do- mand, attempt to colle~ct pr suit pcnding; and the fuil amount of eech and e~ery such psyment shall bea. imerest from the datQ thereof unti{ paid at the r~te of nine per centvm per annu:n; and atl said costs, charges and expenses incurred or paid, together wdh auch inte~est, thall be secured by the lien of th~s mor~y~ge. b. That (a1 in the evenr of any breach of this JNortgage or defavtt on the part of the MOR7GAGOR, or (b) in the evcnt a~y of satd sums of money herein aefened to be no! promptly and fully paid within th~rty (30) days nex~ aiter the same severally becom~due and payable, wilhout demand or ~?otice, or (c) in the event each and eveiy the stipulatio^f, agreements, tonditions and tovenants of sa:d promiswry note and th~s mortgage any oi either a~e nof i~Iy, promptly and futty pe.fwmed, d~scharged, ezecuted, effectcd, completed, complied w~th and ab~ded by, then in e~~her o~ any such event the aa~d ag- gregate sum mentioned in said proa~issory rw~e then remaining unpaid, with interes~ accrued, and all moneys secured hereby, shall become due and pay- eb:e forthwith, or thereafter, at the opt~on of said MORTGAGfE, as (ully and completely as if all o! ~he said sums of money were originally stipuiated ro be pa:d on such day, any~hirg in sa:d pran~ssay note w in ~his Mortgage to the contrery no~withsrending; and thereupo~ w thereafter a~ the optlon of said MORTGAGEE, without not~ce or demand, suit at law or in equity, therefo~e or thereafier begun, may be prosecuted as if a!! moneys secured hereby had matur~d pr~or fo es institution. 7. That in Ihe event thet at the beginning of w at any tirrK pending any suit upon this Mortgage, or to iwedose it, or to reform it, or to enforce payment of aoy tlaims hereunder, said MORTGAGEE shatt apply to the Co~rl having ~urisd~ction thereof tor the appo~Mment of a Receiver, such Covsf shall forthwith appoint a reteiver of said morrgagcd prope~ty a11 and singular, includ~ng all and singu~ar the intome, profns, issues and revenues from whatever source derived, each and every of which, it being expresaty understood, is hereby mortgaged as if spec~fical:y set forth a~d desuibed in the granting a~d ' habendum clauses hereof, and such Receiver shafl have all ff~e broad ar,d eHective funcr~onz and powe.s in anywise entruated by a Cou~t to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absotute right to said MORTGAGEE, end without re(erence to ~he edequacy w inadequacy of the value of ~he properry mwtgaged or to the sorve~cy o~ ~nso~vency of sa7d MORiGAGOR w the defendants, and ~hat such rents, profits, intorne, issuts and revenves shall be applied by such Receiver accord~ng to the tien or equity of uid MORTGAGEE and the practice of such CouA. 8. To duly, promptly ar.d fully perfwm, discharge, execute, effect, corr~lete, comply with and abide by each and e~ery the atipulations, ag~eements, conditions and covenants in said promissory note end ehis mvrtgage sN fwih. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person otFier than the MORTGAGOR, the h10RTGAGEE, its successus and ass~gns, may, wi~hovt notice to the MORTGAOR, deal w~th such successw or successor in intereat with reference to this mortgage and the debt hereby xcured in the same manner as with Ntortgagor without in any way vif;ating or d~scharging the IJ1o~tgagors' liability he~o- un~er or upon the debt hereby secured. ~!o sale of the premises he~eby mortgaged and no forbearance on the part of the MORTGAGEE or its svccessora c~ assig~s and no exte~sion of the time ior the payment of the debt hereby secured given by the MORiGAGEE or its successors or assigna, ahall operate ro rcleax, d~scharge, mod~fy change w affect ihe origina! lia6~lfty of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed ~hat time is of th~ essence of this tontract and that no waiver of any obligation hereunder or of the o~iligaYan se- cured hereby shalt at any time thereafter be he:d to be a waiver of the terms hereof o~ of the instrument secured herby. . I 1. In add:rio~ to the forego ng monthly paymems of princ pal and interest reqared by the prom~ssory note secu~ed Fte~e~y;~~inor~S~a.~6r•,~bvenanl} ar,o aqrtes to pay to mo:tgagee »~th each monthly payrne~t an addnional sum esumated by mortgagee to be equal to 1 j 12 of f1~`ar~t~~ ~s/ ~~i''~11pw- , i~:~: ' f: - A-AII real property taxes lev~ed or assessed agai~ss the anove described real estate. . ~ B-Pram~ums on fire and wir.dsrorm iaw~arce as'here~n requ~red to be carried on the +mprovements situate on the, eKov~deiLKibed pcemises, C-Prem~ums on suth morlgage guaranty ir.surar,ce as mongagee sha? from ~:me to time deem fit to carry on fFis loafi-~se~ured heieby_ _ ' Mwtgagee shall from time to time notify mortgagor writiog of the amount due and payable hereundrr and such iuSri,shsll,theceupon be due~aad F.ayable o~ ahe due oate of the ne~et month:y payment and each successive monfh thereafter ur.til mortgagee shall noiify inw,tS~ay'or,of a cbai~e i~s~ich a+:ount. Such sums sFa:l be applied by mortgag?e toward ihe payment of real p~operty taxes, insurance prem:ums, and 1nMigage' guata~ty iirurance p~emiums. ~71~ ' IN YIITNESS WHEREOF, the said h10RTGAGOR hss hereunto set h" a and seal the day and ar firsl aforesnid. ~ ~ v~~ ~ ~ - S~gnrd, Sealed and deiivered ~n fhe presente of: F~~EC ~4~° i~E~O~eii~~0 AIHE~2ICAI~1 ~iOMES & 1~OR-TC~AG~~ INC• St.IUC~~ ~:~uhTr FtA. ~ R'vG= ~ = ~'T~AS sq CtE : r,CURT BYs ^ ~ , p r ~ i v ~ = - ' i~ • ~ eTl~ ! SeaQ ~ ' (Sean ~ ~ ~ j ~jg r~I ~ i ~ATIEST• ~ -yr j ~ Verna L, Pnderson~ &scz~tary ~ 26Q430 ~ STATE OF FLORIDA COUNTY OF ST. UCIE ; ' € I HEREBY CERTIFY, Thai on this da of~__«~«~Cl~C~ A.D. 19_L+1, : y -r • ~ before me personally appeared Williaa A• Anderson and Verrid L,. Anderson i ~ respectively President and Secretary , of t - Am4+rsan ~pmps E, ~rt~ayg~ Inc. a Flpzida ~ Corporation, to me ~ know~ to be the persons described in and who executed the foregoing instr~ment, and severally acknowledged the exe- cution thereof to be their free act and deed as such officers for the uses and pur'uses thergjn,~mentrq~ed;• and that they ; ; S I ; ~ - j affixed thereto the official seal of said corporation, and the said instrument is the ~t~,,ap~f .deec~_ o~f- s'e~rsorporation. ; ' ~ ~ ' WfTNESS my hand and official ~eal at Fort Pierce _ ~ q • ~p~~ ' = • ~ ~ , said coun . • ~ This instrunent prepared by ~ . E .john W.Collins ~ J _ . 3 First Redera 1 Savings and Loan tary ublic, in and fo~ tg ~ =a~bresaid.~ x Association of Fort Pierce y C mission Expires: j~~y L~~ ~t4~~~Q~tOA~uRGE ~ ~ ~~I~~'~~~IPZF~~DfC. 29, 1975 ' BonGed~Tpfu.(~"e~pra~ • 3 4~-Lrance Ur,der~rriters. ot rort rierce ` ' € ' Checked By s 3 ; ; ~ ~ - ~ - - - . ~ - ~ > . _ . . . . r