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To lace and con~inuu~sl k on the bui!d~ngs now a hereattN zitua~e on said Isnd and on a~l e,iW++en~ and psrsonally covercd by thii mw?g~ P Y ~'eP ~ys, wilh ~11 prsmiums thereon pa~d i~ futl, lire insu~ance in the uswl ~Nnds~d poGCy (orm, in •+um apwoved ~y the MORrGAGEE, and w~ndstam inswa+c~ tn tM vsu~l standard pol~ty (am, in a s~m •pproved by ~h~ MORTGAGEE. in such company or companies as ~M MORTGAGEE may d~rectj and all fir~ ~~~d w~ndsarm insur~nc~ poliues on ~ny of s+id kwild~ny~. ~ny iMer~s~ lherein w par~ iheraof, in ~M agy~cyare sum afaa~a~d w In ~xcess lhereoi, shall contain tM ~suel sta~ard ma~Qa9ee tlaui~ o~ iuch o~hsr claus~ ~i ~M Mortgagee m~y requ~r~, mal~inp ~M lo~s under sa~d polF da. ~ach ~nd w~ry. paYa61: ~o said MORiGAGEE aa ~ts interest may appe~r, and each and every such policy ~hatl be p~omptly ~~s qned ar+d delive~ed ro •ny held by iaid MORiGAGEE as fur~he? security to sai~ mart9aye debt, ~nd, not lesf ~Mn un (10I days in advanc~ of tM ~xpiration of each pol~cy, ~o dr IivN to ~aid MORTGAGEE ~ rN+ewal thereof, ~oge~F?N with • rec~~pt iw t pr~m~wn of s~ch renewal; and ~here ~halt bs no fir~ w windsio~m insur~n~. plated on any o( said buildinps, ~ny interett thsr~in w part thereof, u~in IM fwm and with IFw loss payabk a~ a(ortsaidj and in tF~t eve~l any sum of mon~y becom~s payable unda wth policy w polKies ssid MORTGAGEE shall Mw tM option ro receive e~d apply the same a+ +ccoun~ of ~M indebred~ ness secu~ed hereby w to permit said MORTGAGORS ~o teteivs and us~ 11 O~ any pa~t thereof for othcr pu~poses, wi~Fwut thareul waiving o~ ~~~pah' iny any puiy, lien a righl unde~ w by virtue of this mo:lya~e; ~nd in tM ~vent said MORTGAGORS shall fw any ~eason iai~ to keep the said p~emius so insured, p faiM ro deliva promptly any of said polities of i~sursnc~ to said MORTGAGEE, a fail promptly fo pay fully any premium therefot w in a~y respM lail ro ps~fwm, discMrye, execuie, effecl, comptets, comply wi?h and abid~ by lhls covanant, or +ny pa.t hereof, uid MORTGAGEE m+y p~~ce +~d pay fw iuth inwrance o~ ~ny part thereof without waivi~y or af(xtinp uiy option. lite. eqvity. a riyht under o? by virtw of thi~ Matga9e. and tM full amouM of each and ewry such payment shall be immedi~taly dut ~nd payabls and shall besr interest lrom ths dats thereo( until paid at tF?~ nts ot nine per centvm pe~ annum and together with suth intcrest shall be secured by th~ litn of this mortpage. To permit, commit a wffer no wasts, impairment w deteriaatiw~ of taid property ot ~ny part thereof. S. To pay atl and singulu tM costs, charges and expenses, includiny a reasonabk attaney's fee ar?d cos~s of sbsnatts of title, incurred w paid # any time by said NIORTGAGfE, because a in the ewnt oi ths failure on the part of the said MORTGAGOR ro duly, promptly ~nd fully perfam, d~xharg~, i executs, effec~, complcte, comply with and ~b~de by each and every the stip~lations, agreemcnb, ca+ditioro, +nd covenants of said promiuory ~ote snd thi: i mw+9a9e any w either. and sa~d costa, cMryes snd expenses. each aal every, sl?~II b~ immediately dw +nd psyable: whethe. w not thcr~ be no~ice de~ mand, altempt ro colled or wit pending; ~nd the full amouM of eacl? and every wch paymem shali bea. interat fram the date thereof until p~id at ths rare of nine per~entum per annum; and all uid costs, charges and expenses incurred o~ paid, 1ogNhe~ w~th suth interest, shall be secured by the lien of this morty~. . 6. That (a) in the eve~t of ~ny bro+ch of this Matgsy~ or defa~!t on tM part of the MORTGAGOR, or (b) in tMe event sny of as~d. svms of money herein referred to be not promptly and fully paid within thirty (30) days next aiter the same seve~ally become dve snd payable, without demand or notice, or (c) in ~he event each and every the stiFulatio~s, agreeme~n, conditions and covenants of sa~d p?omissory _note and th~s matgsge eny a either sre ~ot iuly. promptly ~nd fully performed. d~uharged. e:ecv~ed, ei(ected, comptered, compl~ed w~~h snd ab~ded ~y. then trreither w any such evem the ia~d ag gregate sum mentaned in said promissory ~ote then remaininp vopaid, with interesl aarued, snd all mor?eys setured hereby, shall become due and pay~ able forthwith, a tlxreaiter, at tAe option of said MORTGAGEE, as fully and completety as if all of the said wma of money were w~g~nally s~ipulatcd ro be paid o~ s~th day, anything in said prom~ssory note a in this Mwtgsge to the contrary notwi~hstanding; and thereupon a thereafter ~t the option of ~ said MORTGAGEE, without notice o~ demand, suit at law o~ in equity, therefwe o~ thercafter begun, may be prosecuted ss if all moneys sacured hereby t had matured pnw to ~ts irtstiwtion. ~ 7. That in the event thet at the beginning of or at any time pendirg any suit upo~ this Mortgage, or to foreclose it, or to tefwm it, w to enforce S payment of sny claims he~eunde~, said MORTGAGEE shall apply to the Court having jurisdiction thereof iw the appointment of s Reteiver, tuch Covrt shall y Forthwith sppoint a reteiver of said morlgaged property all and singular, includ~ng all and singular the income, prolits, iuues and ~evenues from wi?atever ' wurce derived. ~ach and every of which, i~ being express~y understood, is hereby mortgaged as if speu(ica~ly se? fath and desu~bed in 1he pranting and ~ habcrtdwn clauses hereof, and such Receiver shall have sll the broad and eifec~ive funcuons and powen in anyw~ie entrusted by a Court to a Receive., and ? such sppointment shall be made by such Court as an admitted equ~ty and a matte~ of absolute riyht to- sa~ MOATGAGEE, and without reference to the ~ adequacy w inadcquacy of ~he value of the property mortgaged w to the wivency w insotvency sd~said MQRIG~G~ft o( ~he defendants, and ~hat such rents, ptofin, incorne, iuues and revenues shall be applied by :uch Receiver according to'IM lip {~i pquKy of wid.~IlOTtiGAGEE and the pracirce of suth Covrt. ~ ' ~ - 8. To duly, promptly and fully perfo~m, discharye, execute, effect, mmplete, comply with and abide by each and every fhs stipulatwns, agreements, condltans and covenants in said promiuory ?rote and this mortgage set fath. 9. That in the eveM the ownership of the mortgsged p?emises, w any part thereof, b!comes vested in a person other than the MORTGAGOR, the MORTGAGEE, its wccessas and ass~gns, may, withaut notice to ~he MORTGAOR, deal wiih such successw or successor in interest with reterence to this mortgage and the debt hereby secured in the same manner as w~th Mw~gaga w7thout in any way vitiating or d~scharg~ng the Mor~gagors' liability herc under w upon the debt he~cby secured. No sale of ~he prem~ses hereby mortgaged and no (orbearance on the part of the MORTGAGEE or its successws or assig~s and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its succeuors a assigns, ,hall operate to release, d~xharge, modify change a affect ~he origlnat Iiab~Gty of the MORTGAGOR herein, either in whole w i~ part. 10. It is specifically agreed that time is of the csxnce of this contrsd and tMt no waiver of a~y oblgation hereunder w of the obligation sr cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. ' 11. In add~tio~ to the forego'ng monthly paymants of princ psl and interest required by the promissory note secured hereby, mortgagor covenants i and agrees to pay to mortgagee with each monthly payrnent an add~rio~sl sum estimated by mortgsgee to be equal to 1~12 of the annual cost of the follow- F ing: E k A-All real p~operty taxes levied or asse3sed against the above described real estate. ' B-Premiu~ns on fire and windsto+m insurar,te as here~n requ~red fo be tarrie~ on the imp~oveme~ts situate on tlie above described p?emises. " ~ C-Premiums on such mortgage guaranty insurar.ce as mostgagee ahall from t~me to time deem fit to tarry on the loan secured hereby. Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payabk hereunder and such sum shall thereupon be due and ! ~ayable on the due date ~of the aext manthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in such ~ i amouni. Such sums shalt be applied by mwtgagee towa+d the payment of real property taxes, insurance prem:ums, artd mortgage guaranty insunnce ~ c~emiums. f ;N WITNESS WHEREO~, the said MORTGAGOR has hereunto set his hand and seal fhe day and yFar first aforesaid. ~ s E _ Siyned, Sea{ed and delivered in the prexnce of: ~ E tia~ ~ ~ c~ R ~ ; _ Verna Ro q ;TATE OF FLORIDA ~ SS. COUNTY OF St • L.L1C1Q ~ Before me personally appeared LawYence ROy and Verna Roy his wife, to me well krwv~iq`a+id k++own to•iqe to be . the individusls desuibed in and who executed the fwegoing instrurt~ent, and acknowledged before me that they execvted.~lla.~stn!'tor. ihe" pti~poses Verna Roy W--..•.; • : therein expressed. And the w~a - • s " :i` w~re of rhe saia i.awlence Rov y._;~..ep,..ts;a~Si ~ / : • • r_' ~ - . • r, ~ ~ exam~nat~on by me taken separate and apart from her said husband, ecknowledged to and before me that aM executed: said f~tr~~, e~e}ry.,,'arf~4' = r ~ rar~ly and w~thout any computsion, constraint, apprehens"on esr of or from her said husbsnd. ~i; i ~ /~ll L18t •1•' • 7 i ~ WITNESS my hand and official seal thi day of ';s ~ .~~Q , ~ „ - Notary Public in and fw the State of: ~aryi• • My Commiuion expires: . ~ ~ aerurn io: . lIOTAR1f ~119UC. STATE M FLORtDA et lARBE ~ First fedenl Savings b loan Associat~on ~IY Cpi~11AISSION EXPiRES SEPT. 25, 1976 ~ Of fort Pierce. , e011d~ ~ NINf~YI BiO~fOfS (IIiYIi0C0 ~ ~ ~ Fort Pierce, Flor~da . ~ • ~ fIlEO AND RECOR~ ~ • iT.lUC1E COUNTY C~ This Instrument Prepared By J. H. Roberts~ JY. IiOGER POITRAS ~ First Federa) Savings & Loan Association CLERK CIRCUIt COURT ~ , of Fort Pierce ~ F2orida RECORD VERlf1E0 ~ Checked By ~ ~ 9 ~ ~ ; ~ ~ooK~17 P~~E1528 • ~ t~G 261335 ~ ~ . ~ ~ . - _ _ - - - - - - ' ~ ~ ; = ~ ~ ~ ~ _ 4 , _W ~:~.~-:~_k . , . .y _