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To place •nd con~inuousiy keep on the bui!d~~gs now o~ hereaiter ~ituale on ssid tand and on all eq~ipment artd perso»ally tovered by thii mwtq~ sgs, with ~tl premium~ ihereon peid in (ull, tire insu~anca in ih~ vlual iundard polity (wm, in ~ s~m app~oved by the MOR(GAGEE, and windstwm in~u~~na in tM uwal ~tandard pol~cy fam, in ~ sum ~pp~oved by ths MORTGAGEE, in such company w companiei at the MORTGAGEE may di~~ctj ~~+d all fir~ ~nd w~nd~torm ins~ranc~ poficies on •ny oF said b~~ld+e~qs, ~ny lntsres~ therei~ a p~?t thereof, i~ th~ +gqrcgat~ tum ~tOre~aid or In sxtess lhereof, sMll contain the usval standa~d mort9a9ee clau~e a ~uch otMr clauw 1M Mwt~aye~ may ~equirs, m+kinp rM Io~s unda w~d po1F cies, esch and ~very, p~yab~e ro said MORTGAGEE a~ its imereit may appear, ~nd each and every svch po~icy shall ba prompHy ass.p~ed and deliverad ~o any held by s~id MORTGAGEE a~ ivr~he~ Hcurlty to said mortpsye debt, and, not lesf tMn te~ (10) dsyt in advance of 1M expir~tion ol each policy, 1o d~- livN b ~aid MORTGAGEE ? r~newal thertof, 1o~ttF?K with a rec*ipt fw the premium of svch renewal; and ther~ shalt b~ no f~~e w wind~eam insurance plaad on ~ny of iaid buildinp~, ~ny intHqt fMtii~l Of EfAft fhC/tOf, unlsu in ~M fwm ~nd with ~M los~ payable ~s ~faeuid; ~nd in th~ e~ent a~y sum of nwn~y bacoma payable under iuch policy or polic~es aid MORTGAGEE shall h~w tM opt~on to receive and apply the iame on accoun~ of ~he indeEted~ neu iecvr~d hereby w ro pKmit said MORTGAGORS ro receive and us~ it or any pa.t thereof fa oiher purpose~, wnhou~ ~harcu~ wai~i~r~ o~ ~mpair- i^fl ~~r p~~ty, litn a riyht w?der w by virtue of this mortp~ge; ~nd in tM event taid MORTGAGORS ihall fw any reaion i~il to ke~p ~he ~+id p~emises so insurd, ot fail to dtliva~ promptly ~ny of said policies of insu~uKe fo ss~d MORTGAGEE, w fail promptty ta pay fulty any premium rherefw a in a~y rsspact fail b p~rtam, dischar~e, ~:ocuts, •ffect, tomptete, comply wi~h and ~bid~ by ehis tovenanl, a any part herwi, said MORTGAGEE may pl~ce +~~d pay fa such inwranc~ w u+y p+rt thereoF withart w+ivin~,w af(ectinp u+y option, li~n, pu~ty, w righ~ under a by virtw of this Mort9a9s, ~nd the full amount of ~ach and w~ry iuch paymeM thaN be immediat~fy dw and p~yabls and shal! bes~ lnterest from the dsts thsreof until paid at tM ra~~ 01 nine per tsntum pai ~nnum and togetlu~ with such interasl sMll be secured by tFN li~n of this mottpage. 1. To permit, commit or iuffer no wasro, impairmenf w deterio~ation of said ptopetty p sny part tM~eof. S. To pay all and ~ie+pular the cosb, cMrges ~nd expenus. includ~np a reasonabk a~tomey's fee and costs of ~bsuaas of titte, incurced or paid ~at eny time by ~a~d MORTGAGEE, ixcause or i~ tF?e evertt oi the f~iture a+ the pan of ~he ~a;d MORTGAGOR to duly, p:ompNy snd fu11y perfwm, d~uharge. executs, effed, compkte comply with and ab~de by each ~nd every the stipulatio~s, agrcements, conditio~s, snd covenann of said promissory nots and this morrgs~e u?y o? eiiha~. and aaid cos~s. charges and expenses, e~ch ar?d every, shalt t» immedistaly dw and payable; whether or not tharo be no~ice de mand, ~ttempt to colkct or w+t pendir+g; and tM full amount of each and ~very ~uch paymem shall bear interea~ from 1he date thereof untU paid ~t the ~ate oi nine per centum pet annum; end all said costs, chargea and expenses i~turred or paid, ~ogether with suth interest, shall b~ secured by the Jien of this mortgage. 6. That in tha wsnt of a~y brexh of this Nlartg~ge or default on ths pa?1 of 1he MORTGAGOR, or '~b) in the event ~ny of seid• swns of naney herein refetred to be not promptly and fully paid within Ihirty (3p) dayi nexl 3ftrr the sanx seve~ally bccome due and payabte, without darend w catice, or in the ev~nt e~ch and every Ihe stipulatio~n, sg~eeme~ts, conditions and corenants of sa;d promiasory note and th~s mortgage s~y w either are ~01 iulr, promptly and fully performed, d~scharged, executed, eifected. completed, compl;ed w~t~ and abided by. then in either w any such evem tM said ag gregate wm menrioned tn s+id promiuory nore then remaininy unpaid, with imerest aarued, and atl moneys secured hereby, shall become due and pay- abte 4orthwith, or therea~rei, ar the optior? oi said MORTGAGEE, as futly and completcly as if all of the said sums of money were or~gir?~Ily ttipulated ; to be paid on such day, anythi~g in sa~d prom~ssory note w in this Mortgage to the contrary notwi~hstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice a dema~d, suit at law or in equity, iherefore w the~eafter begun, msy be prosecuted as if alt mor?eys secured hereby had matured pnor to iri institution. 7. That in the event that at the blginning oi or st any time ptnding any suit upo~ fhis Mortgage, or to foretlose it, or to refwm it, or to enforos payment of sny claims F~evnde~, said ARORiGAGEf shatl apply to the Covri having jurisd+ction thereol for the appointme~t of s Receiver, such Coun shall forrhwith ~ppoint a receiver of said mortgaged prope~Ty all and singular, intlud~ng aIl and singu~a~ t!x income, prolits, issues and revenues from whatever :ource derived, e~ch and every of which, it being expressly unders~ood, is hereby mat9sged as if specificalty set forth and dewibcd in the praming a~+d habendum dsuses hereof, and such Receiver sball i»ve atl the broad a~d effective functrons and powen in anywiu entrusted by a Cou?t to • Reteiver, and such appointment shall be made by such Cour1 as an admined equity a~d s matter of absolute righ~ to said MORTGAGEE, ~nd without reference to fhe edcquacy or inxfequacy of the value ot the property mortgaged or eo the so~ve~ty or insolvency of said MORTGAGOR w the defendants, and that such renrs, profiri, income, iuues and ~evenves shall ba appiied by such Rcuive+ accordiog to ths 1"~en or eqvity of said MORiGAGEE ar+d the practice of such CouA. 8. To duly, FvomptFy and fully pe~iwm, dtuhargt, execute, effect, complete, comply with and abide by each and eve~y the stipulations, agrcements, conditions and covenants ~n ssad promissory note and this mortgage set iwth. 9. That in the evem the ownership of the mortgaged premises, or any part thereof, becomei vested in a person other than the MORiGAGOR, the h10RTGAGEE, its succeuon and au~gns, may, without notice to the MORTGAOR, deat with such succeuw a successor in interest with refcr~nce to this mortqage and the deb! hereby secured in the samt manner ~s with Mortgsgor wilhout in a~y way vitiati~g a discharging the Mwtgagor~' (isbility hert unde. or vpon the de6t hereby secured. No sale of the Fremises hercby mortgaged and no iwbeara~ce on the part oi the MORTGAGEf or its successors ; or assigni and ra extension oi the time iw the payment of the debf he~eby secu?ed given by the AhORTGAGEE or its successon w auigns, shall operate ro release, d~scharge, modify change w af(ect the orig~nal liabil~ty of the MORTGAGOR herein, either in whole a i~ part. t 10_ It is spec~f~cally agreed that time is of the esxnce of this contrad and tha~ no waiver of any ob~igation hereunder w of ihe obligstion sr : cured hereby shall at any time thereaiter be held to be a waiver of the terrtq hereof w ol tbe instrument secured herby. l l. In add;tio~ to the fwego:ng monthty paymants ot princ'pal and interest required by the promiswry note secured hereby, morfgagar covenaNS - and agrees to pay to mortgagee with each momhly pay~ne~t an add~~ional sum estimated by mortgagee to be eqval to 1~12 oi the annual tost of the fo~low- ing: A-All real piop~rty taaes IEVJed or assessed against the above drscribed real estate. ~ B-Prem~vms on fiie and windstorm insurar.ce as herein requ~red to be carried on the improveme~ts situate on the above described premises. C-Premiumi on such mortgage guaranty insurar~ce as mortgagee shatl from t~me to time deem fit to tarry on the ban secured hereby. Mortgagee shall from time to t;me notify mortgagor in writing of the amount due and payabte hereunder and such sum shall therevpon be due snd payable en the dve date of the next monthly payment and each successive month ti~erea{trr ur,til matgagee shall notify mortgagw of a change in such ; amount. $y~M'surtts,sF~O be applied by morlgagee toward the payment of reat property taxes, insurance prem:ums, and mortgage guaranty insurance { premiVles. - = x. : • ~.~MI~`l1f~i15ES5.~IHFff~COF, the ssid MORiGAGOR has hereunto set his hand and seal the day and ta~ first a{oresai t '~le 've. in he presence of: TGAGE, I I~ . c : " a~ B~: p ~ - - z~ul~ ~ ' . ~ ~ p4 ~?8 A t r ; ~ t CO ~ ATTESTs q ~ ~ ~.r -il--~- 'c~'_ ~;::iu~ tIR - s ' ,r ~ a s ~.f YE3;~~E~ Verna L. Anderson, Secretsr~~.q i : . ~ -r . ~ ~ ~ ~ ~ _ ; - ,~~~-~a~;.. ::f ~14 t~1 ~ ~t 3 . ~ ~ G~.q~,. - ! STA'I'EX~~.~b'RIDA COUNTY OF ST. LUCIE ~s~S6 ` ~ I HEREBY CERTIFY, That on this •Z day of _ ~u~ s~ , A.D. 19~_, ~ ~ before me personaHy appeared Milliaa A. Anderson and - Vetna L. Andersoe r ~ respectively President and Secretary , of ; AMERICAN }lOMES b MORI~GAGE INC. a Flozida ~ Corporation, to me ~ kn~wn to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe- cution thereof to be their free act and deed as such officers for the ~ses and pursoses tfierein mentioned• anc~,t~at. :they _ .,~.~....,~~N~+.. . ~ ` affixed thereto the official seal of said corporation, and the said instrument is the act and deed A~ s~i~'cQrpbr,a~ion: ~ r-''.'~ 4 ; JVITNESS my hand and official seal at Fort Pierce , said county and state.: ' ~ This instruieent prepazed by ~ . : 7 j ` • _ : John W. Collins ~ - i ~ • ' ~ - ; Firat Rederal Savings and Loan Notary Public, in and for St and Cou afore's~i ~ Association of Rort PierCe My Commission Expires: , i/ d~, 0~.; .~~('i S 'r;, . „ ' ~ No1ory hibic, St•1e of fleri~s d ~ , ~ f N1r Comen~ss~on Eap~r~s Oee. 30.,~,~ y~,•~•~..~~~ ~ i sond:d r.. a tosu~o~flr~~!~Cti _ ' t _ e ~ Checked By L`-~ ; - i ~ , ~ doex217 ~2791 ~ ~ js ~ ~ ~ - ~ - - - . __........T-~ ~,?-~.~°'=a`'-r~-r~v"~a~€~~~:~~ ~~~a~~~.~ ~t~ ~s~€sy..~,.~ ~ _ _ ' 3. a,-.:~-.FC~