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To plxe and continuou~ly keep on the buildinys now w AltN~iN •itwte on i~id I~~d ~nd on all equipmem and perwnally cov~red by this matg~ ag~, with all p.emiums thereon pa~d in full, firs i~surance in Ihe u~val ~~a~dud poticy iorm, i~ a ium approved by the MORTGAGEE, and windstwm iniwanc~ tn tM usud trandard pot~cy fwm, in • sum approved by tM 1NORTGAGEE, in t~rch compa~y w companies +i tM?~ MORTGAGEE may di~Ktl +~d ill fin and winds~o?m insuranu policis~ on any of iaid buildinp~, ~ny inttrest therein or part the~eo(, in ~F+~ ayyreyare ~urn ~for~uid w in ~xcess thereoi. sMll contain th~ usval standard mort9sy~e tiaua or sucA o~hs~ clavs~ a tM MatQpas may rpuin, matiig IM lo~s unde~ sa~d po1F des, ,each and ~very, payabl~ ro seid MORTGAGEE +s ib intereil may app~ar, and each and ~very ivch policy ihall bs prompNy aN:qntd and d~livered ~o ~ any Mld by said MORTGAGEE st further secvrity to uid mutqape debt, and, not ku 1h+n ten (10) d+ys in advance o( tM ~xpiratia+ of e~ch policy, to dN livyr fo uid MORTGAGEE a ~~newal thereof, to~~her with • r.cNp~ fu ~M p..m~~m of such ranewal; a~d ~Mre shall be no firs or windsiwm iniuranc~ E placed on ~ny of said bulldinp~. any interest ths~ein or part lharwf, un{tu in th~ fwm a~d with Il+e loss payabk a~ afwts~idj u~d in the ~vent s~y tum ~ of money becomes payable u~der such policy or policias said MORTGAGEf ihall haw ~he op?;oa to receivs and apply tM s+me an ~ccoum of thr lndebted- ~ ~+eis aecured hereby w ro petmit said MpRTGAGORS to rece~ve and us~ i1 w any part thereof fw o~he? purposes, w~~Mut thrreo/ wai~i~~g o~ ~mpair- in9 any equity, lien o~ right unde~ a by virtve of ~hia mortya9e; ~nd in th~ we~t tstd MORTGAGORS slwll fw any ~eason fail ro kesp ths s~id prsmius so insured, or fail w dalive? panptly any of said policies of insursnce to aid A10RTGAGEE, a fail promp~ly to pay futly ~ny premium tF+e.efor w in ~ny j respect fail b p~rtwm, diuharge, execute, efiect, complste, comply with ar+d ibid~ by thia covenanb or any part herwf, said MORTGAGEE may place and ` pay fw such tr?surance w a~y p~n thereof wirhout waivir+p or affectlny any option, ?»n, equ~ty, w rigM under w by virtw of this Mat9spe, and the ~ full amoum of each u~d ev~ry such payment shall be immediately dw and p~yable end ihall be~r i~t~rest from tho dat~ thereof u~til paid at ~hs rat~ of ~ ~~ne per tentum per snnum and toyether with such inter~t sMll be secured by tM (ien of this mortq~ge. 1. To permit, commit o? sufter no waate, tmpairment w derar7watioe~ of isid prope~ty oa sny puf thsreof. S. To pay stl and singulu the costs, charge~ a~d expe~sas, including a reasonable at~wr?ey's fee and costs of abst~acts of title, incvrred w psid at any time by said MORTGAGfE, becsuse or in the evero of the failu~e on Ihe par~ of fhs said MORTGAGOR ro duly, prompHy snd fully perform, dixha.gR e:ecute, effecl, compkte. comply witfi and abtde by each ~nd every M+e stipvlstions. agreement~, conditio% ~nd cov~nsnta of said promissory note and thu mwtgap~ any w ei~hs~. and said costs, charges and experaes, e~ch snd every. shall bs immediatety due and paYable; whe~he~ a not there be ~+otice dr mand, attempl 1o colkct w wit pending~ u~d tM f~ll amount of each ~nd every svch payment sha(1 bear interest from the date thsreof until psld a1 tF~s s rare of nina per centum per annum; and all sa;d costs, chargts and expenses incwred or psid, together with such interest, thall be sec~red by the lien of tha mortpap~. 6. That (a) in tlro event of a~y breach of this Mortgage ot defavlt on the part of thc MORTGAGOR, a(b) tn the event ~~y of s~id svma of moner herein refe~red to be not promptly and fu~ly paid within thirty (30) days next after the sartx severally becoma dus and payabk, without demand o? notice, o~ (c) in the event each a~d eve?y the stipulations, sgreemems, conditipu and cover?snb of sa;d p~omiuory note and th~s mortgage any a either ~~e no1 iu!y, promptly and fully perfwmed, d~scharg.ed, executed, eftected, compfe~ed, complied with and abided by, then In eitlror w ~ny auch evant the iaid ag gregate sum nxntaned in said promiswry note then rcmaining vnpaid, with imerest acuued, and all moneys setured hereby, shs1l betome dw and pay- able fwthwith, or thcreafter, at the option of said MORTGAGEE; as tully and compktely as if atl of the taid wms of money were a.iyinalty atipulated to be paid on such day, anything in sa~d prom~uory rafe or in this Mortgage to the con~rary notwithstanding; and thereupon w thereafter at Ihe optan of said MORTGAGEE, without notice or demand, suit at law a in eq~ity, therefore w thereafter begun, may be prosetuttd u if ~ll nwneys secured hereby had matured prwt to its inslit~tion. 7. That in the evcnt thst at rhe beginninq of p at any lime pending any wit upon this Mortgsge, or to fwetlose it, w to refam it, a to enforte payrn~nt of ahy clsims he+eu~der, said MORTGAGEE shatl spply to the Cwrt having 'ryrisd~ction thereof fa the ippOintrtllnl Of i RKlivK, such Court shall forthwith appoint a receiver oF uid mortgaged property all ~nd singuta~, inctud~ng al1 and singv~ar the irttome, profits, issues +nd rewrnres from whatever sovrce derived, each and every of wh~ch, it being expressly understood, is hereby mor~gaged as if speufically set fa~h and described in the g?anting and habendum clwses hereof, and such Receiver shall have all the b?oad and effective f~nd~ons and powers in anywis6 entrusted by a Gourt ro a Receiver, and such appointment shall be made by such Gouat as an admitted eqvity and a matter of absofute rigM to said MORTGAGEE, ~nd without reference to the edequscy or inadequaq of the valve of the property mortgaged or to the sotverxy a insolvency of said MORiGAGOR a the defendants, +nd that such renfs, profits, incane, iuues and revenues :hall b~ apptied by such Receiver accord~ng to the lien or equwty of said MORTCaAGEE and the practice of such Court. 8. To duly, promptly and fully perfoim, dixharge, execute, e4tect, comp{ete, compty with and abide by each and every the stipulations, sgreements, conc~itiOrsf ufd COVeniMS in uid promissory note and ~his mortgage set fwth. ~ i 9. That in the e~ent the owncrship of the mwtgayed premises, or any part thereof, becomes vesttd 'en a person other than the MORTGAGOR, ths ' MORTGAGEE, its successors and assigns, may, without rw~ice to the MORTGAOR, deal with such successor or sutcessor in interest with refcrence fo this ! mortgage and the debt hereby sacured in the same manrur as with Mo?tgaga without in any way vitiating w dixharging the Mortgsgors' tiability here- under or upon the debt hereby s~cured_ No ssle of 1he p?emises hereby mortgaged and no fwbtarance on the paA of the MORTGAGEE or its successors or assigns and no extension of tfie time fa the payment of the debt hereby secured given by the MORTGAGEE or its successors w auigns, siutl operats to release, discharge, modify change w atfect Ihe orginal liabitiry of the MORiGAGOR h~~ein, eithei in whole q in part. 10. It is specifically agreed that time is of the esxnce of this contract snd that no waiver oi any obligatan hereunder or of the obligation sr cured hereby shall at any time thereaftcr be held to be a waiver of the terms hereof or oi the instrument setured herby. 11. In addition to the fwego:og mamhly payments of princ'pa) and i.^.terest required by the promissory note secured hereby, mortgagor tovenants and agrees to pay to mortgagee with e~ch monthty payment an addiriorwl sum esfimated by mortgagee to be equal to 1 J12 oI the annual cost of the follow- ing: A-All real prope?ty taxes levied or asussed against the above dexribed real estate. B-Premiums on fire and windstorm insurance as h_wein requ:red to be carried on the improveme~h sit~att on the above destribed premises. C-Premiums on such mortgage 'guaranty insurarce as mortgagee shall from time to time deem fit to carry on th~ toan secured hereby. Mortgagee shafl from time to time notify mortgagw in writi~g of the amount due and payable hereunder and suth sum shall thereupon be due and payable on the due date of the next monthly payment and each successive mo~th thereafter ur.til mwtgagee shall notify mortgagor of a change in such amo~nf. Such sums sF.ati ba applied by mortgagee toward the paymertt of real property taxes, insurance prem:ums, and rt~ostgage guaranty i~surante premiums. ' IN WITNE55 WHER~OF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. 'yned, Sealed and deliv in the prexnce of:- ?yj /ir` G~~-s~"+=-f~' ~ (SeaQ _ . ~JJ 8 aYn Jr q . . Z 1~,l.~~ '7 :'L~' C' e.rtO ($ea4 ~ llie Mae Barnes ~ 57ATE Of fLORtDA ~ COUNTY OF - SL. Lucie ~ ~ ~ eefore me peraonally appeared •7d1~@S Barnes, Jr, and i ' Lll.lf@ Mae B aYI1QS his wifc, to me well known and known 1o me to be l the individusls described in and who executed tM fue~oin~ insirumsnt, and acknowledged before me fhat they executed the sart?e for the p~?rposes ~ rherein expressed. And the said L1111_e Mae Barnes r i ~~fe of the said '•Ja,~ea BaIT1@S. .Ti. upon a seperate end prnats j exam~nat~on by me take~ separate and apart from sband, ~clcnowt to end befo~e me that ~he e:ecuted said enstrumenf freely and volun- ~ tarily and without any compulsan, co~straint, appr n fear of rom her ' huioand. ` 1lMlf ~ ' WITNE55 my hand and offic+al seal thi ~ ay of ~ ~~V~ ~y'' ` ~ , ~i • ~ : ~ ; Notary Public in and for the State of Flori~aVf~sr ` My Commiuion expires: + ~ ' ~ ~ ~ = I Return To: • ' ~.3 . First Federal Savings 3 loan Association z y; 1 ' ~ ~ Of Fort P~erce. B` viV • 4~~ i N O T A R Y P U B L I C. S T A T E o! RORIDA ~..r. L~-~~`3,s'e, a : fort Pierce, Ftorida . ~ ?'.Y G~J1~.t't:~;t!~N EXPIRES lAti. 7. • •..~..-w•'• . - Iw~aw~s ~7~ . i _,..~..c6 r; ~j~M' ~`~'tti i611 ! F r' - ~~/ii. . . , :s "~.i:t'tY i1~~~ i This fnstrument Prepared By Ga~cy F. EllMOOd FILEO ahU RtCORUEO ~ ST.tUCtE ;,a~NTY FLA. 4 First Federa! Savings 8 Loan Association ROGF~. ;,,~.i~~S = of Fort Pierce ~ Rlotida CIEFK ;:t~:CL'1T COURT ' P.EGOn;' •r~fQ~ ` -i Checked By~ ~ Rdc 1 3 08 PH '13 ` ~ zsos8~ ; : ~ ' $~~17 ~ ~5~ , ~ ~ - - - _ . v