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To plac~ and continuousty keep on ~he build~ng~ now ot hereafttr tiluat~ on t~id land a~d on ~il equiFment u~d p~~w~+aliy covercd by thit mo+tg p~, with all pemiurrw Ihereon pa~d in full, tire iruuranct in 1Fa usu~l ttandard policy fam, in • sum app~ovad by ~hs MORIGAGEE, and windsiam inwranc~ tn tM ~su~l ~~andard pol~cy (am, in ~ ~um approv~d by ~M NIORTGAGEE, i~ such company w compa^les ss d+~ MORTGAGEE ~n+y dir~ctj ~nd ~I) {ir~ ~nd windatam inturenc~ policie~ on a~y o( iaid build~npt. any interest th~r~in w put Ihereof, in tFw agqre9are sum ~laeaid w In ~xctss ~hereo(, sMll contain tM utiual itandard mw~~s9o~ claus~ a such otha claus~ a ~M Matp~gee may ~eqv+r~. m~?inp ~M Ioss unde. ~a~d po1F ~ ci~f, ~sch and ~vKy, payabl~ ~o aid MORTGAGEE u iri in~ere~t m~y spp~a~, ard each a~+d evsry such policy sh~Il be promptly ass yned +nd delivered to any MW by faid MORfGAGEE as fvr~her iecuriry to said mwtgsgs debt, ~nd, no1 I~~s 1Mn ten (10) days in advance of the expiratior? of each polity, to d~ IivN to said MORTGAGEE • n~ewal tM~eof, ~oq~~Mr with • rece~pt fa ~he pr~mivm of iuch renewal; and ~her~ ihall bs no f~re or windstofm insuranc~ ptaad on u+y of said buildinq~, ~ny interett tMr~in ot put thsrwf, unless in tM fo~m and with tM losi payable ai •foresaid; and in 1M evenl any sw~+ i of mon~y becornes payabl~ under ~uch policy or policiei ia~d MORTGAGEE shall Mw the option to receive +nd ~pply the aame on accoun? oi the indebt~ r ness ucurtd Mreby w to pe~mit sa~d MORTGAGORS to reteiw and us~ it a eny pan ~hersof lor othe~ purposrs, vi~~hout th_~~u~ waiYing o~ ~mpe~r• i inp~ any equity, lien a right w+der o~ by vir~w of thi~ morrgagss ~~d in IM ~vent u~d MORiGAGORS shall ia ~ny reason tail to keep ~he s+:d pr~miies w ~ iniwed, w fail to delive~ promptty ~ny of said polities of infur~nte lo seid N10RTGAGEE, ot fai~ p?omptly to pay fully any premium therefq or in any respect f~il W pKform, diuharg~, axecute, ~(fecf, compkts, comply with and abids by this covensnL w~~y part he~eof, taid MORTGAGEE may place •nd ~ paY fo~ auch intu~anc~ w ~oy part the~eof without waivirq a affectinp any op~ion, li~n, equity, o~ right unda w by virtw of this Ma~gags. and the full amounl of each and awry such p~ymaM sMll be immediately dw and peyabb and shall bea~ interest from ~M date thereoF until paid at tM raN o1 nirw per cenrum pea a~num and together with suth inrereat shall be setured by the IiM of this mort9ag~. To parmlt, commit w suffa no waste, impairme~t w deteraration of said property or any part thereof. 5. To pay all, ~nd ~irgulsr tM costs, cMrpes ~nd eapenses, includinp a reasonabk ~ttwney's fee snd cosn .of abstrads of titte, i~cur.ad w pa7d s~ any time by said MORTGAGEE, becauas or in the ~ven1 of ~M failur~ on tlu p+rt ot tha said MORTGAGOR to duly, p~omptly snd fully pa(orm, d~tchary~, . exaute, effect, comple~e, comply with and abide by e~ch ~~d every the itipula~io~s, ~greemenb, tonditions, and cove!unts of seid promissory nots and thi~ mort9~g~ ~ny or eithe~, and said costi, clur~es and expenses, eech and every, shall b~ immediately dw and payable; whather or not there be notics de rrNnd, mempt ro collecf or wit pending; and the full amo~M of each ~nd every such paymem sMll bear in~eresl f~om ths date thercof until paid af the rate of nine per centum per annum; a~d ail said costt, charges and expenses inturred or paid, togather with iuth interest, sh~ll bs setured by the lien of thu mortpap~. ' 6. TMt in ths we~t of ~ny breach of thia Mor~gage w defavl~ on tFq part of the MORTGAGOR, w(b) in the eve.~t any of u:d wms of ma+ey herein r~fared to bs no~ promp~ly and fully paid wirhin thirty (30) days r+ext afta the same seve~atly become due and payabls, without demOnd Or ~Otice, ~ or (c) in the event each and every the iriputations, agreame+sta, conditions and covenams of sa~d promissory note and th~s mortgaye any w eithcr are nol ~uly, prompdy and f~Ity perfwmed, d~uharged. eaecuted. effected, completed. complied with and abided Sy, then in either or any such eveM tF?e said a¢ gregat~ sum mentioned in uid promisaory note then remaining unpaid, with interest accrued, and all moneys setvred hereby, shall becoms dw snd pay- able (orthwith, or thereatter, at the option of s~id MORTGAGEE, as fuily and completely as if all of the wid sums of money were wigin~lty •~~pulsted to be paid on s~?ch day, anything in sa:d prom~ssory note a in this Mortgage to the contrary rwtwithstanding; and thereupon w thereafter at the op~~on of said MORLGAGEE, without not~te or demand, wit at law w in equity, therefore w Ihcreatter bcgun, may be prosecuted as if slt moneys setu~ed hereby had matured prior to ~ts institWioo. 7. TF+at in the event that at the beginning o4 w at soy time pendirg any suit upon this Mortgagc, o~ to foredase it, a to refam it, w to enforce payment of any daims hcreunder, said MORTGAGEE sl.ail apply Io the Court having jur~sd~ction thereof.{oi ~he appointmcnt of a Receiver, such Couh shall forthwith sppoinl a receiver of said mortgaged property all snd singular, includ~ng all and singular 1Fi~income, prof~ts, issu~s and revenues trom whatever source derived, each and every of wh~ch, it be~ng expressly understood, is hereby mortgaged as if!l~ufica?ly set fwth and desuibed in the yranti~g and hatxndum clauses hereof, and such Receiver shall have all the broad and effectire funct~ons and powtil in anywise entrusted by a Court to a Receivcr, and iuch appointment shall be made by such Court as an admitted equity and a msner of absolute ighr'to. said MORTGAGEE; end without reference to the adequscy w inadequaq oi the value oi the propaty mwtgaged or to the sotvency w inso~vency ~ said MORTGAGOR or'the dEte~dants, and that such rents, profits, income, iuues and revenues shalt be applied by such Receiver accoidirp ro tM lip~ or equity of taid MORT~iAGEE afid the practice of such CouA. • • 1 • 8. To duly, prompNy and fuily pertorm, discharge, execute, effect, compkte, comply with and abide by each and every the atipvlations, agreemenb, conditions a~d covenants in said promissory note and this morlgage set fath_ _ ~ , 9. Thatlin the event the ownership of Ihe mortgaged premises, or any part thereof, becomes vested in a perwn otF?er than tF~e MORTGAGOR, the MORTGAGEE, in successors and sssigns, may, withovt notice to ~he MORTGAOR, deal with such successor or successor in interest with reference to this moHga9e and the debt hereby secured in the ssme manner as with Nbrtgagor without in a~y way vitiating w dixharging the Mortgagort' liability herr undtr w upon the debt hereby secured. No :ale of the Fremixs hcreby mwtgaged snd no forbearance on the parl oi the MORiGAGEE or its successwt or auigns and no extension o} the time fw the peyment of the dsb~ hereby secured given by the MORTGAGEE or iu successws w auigns, ~tial! operate to release, discharge. modify change or affect the wiginal liahil~ty of the MORTGAGOR herein, either in whole w in pan. ~ 10_ If is spetifically agreed that time is of the essence of fhis tontrad and that no waive~ of any obligation hereunder or oi the obligation st ' cured hereby sfiall at any time thereaher be held to be a waiver of the terms hereof or of the irutrumeM secu~ed herby. 4 11. In add~tion to the iorego:ng monthly payments of prin~ pal and interest reguired by the promissory nore secured hereby, mortgagor covenants ~ and agrees to pay to mortgaqee with each monthly payr~ent an add~~ional'sum estimated by mortgagee to be equal to 1/12 of the annual cost of the lollow- ing: A-AU real property taxes levied or assessed aga~~st the above deu~~bed reat estate. ~ B-Premiums on fire and windstorm 7r.wrante as herein tequ:red to be carried on the improveme~ts sitwte on the above described premises. f C-Premiums on such mongage guaranty insurar,ce as mortgagee shall frcm time to time deem fit to carry on the loan secured hereby. ~ Hbrtgagee shall from time to time notify mortgagor in writing of the amount due and payable he?eunder and such sum shall thereupon be due and t payable on the due date of the next monthty payment and each successive month thereafte? urtil morigagee shall notify mortgagw of a change in wch ~ f amo~nt. Such sums sF.atl be applied by mortgagee toward the payment of real property ta:es, insurance prem~ums, a~id mwtgage guaranty insurance ! premiumS. ^ ' f IN YJITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and jr first aforesaid ` Sipned, Sealed and delivered in the preunce of: r j ~ ~n ` Geneva S~ith t~,q i " _ , ~an ~ ~s~n STATE OF FLORIDA ' ' ST . I.(JCIE ~ courm oF 4 Befwe me perw~wlly appearcd Geneva S~ith~ a sinale adult ~ , to me wel) known and krawn to me to be the individual described in and who executed the fwegoing instrument, and acknowledged before me fhat ~e executed the same for the purposes therein expreued. ~~ihi1~1~ ari1ti41~Ml~ifi ~ sipiessa~p~e~s~s~ t ~rsas~edsseed~i~r~esp~tl~ta~s~! daso~rr~sid~si~dr~v~d~d~ebae~s~t~ ~a saemei 3ieEis~etfe~ht3e~~s l~dt~nr~o~beas~s~s~s~toel~~ava~q daeiea~ar~ms~ad~b~ade WITNESS my hsnd ~nd officisl seal this ~.L.~th. ~y a{ AU uSt A D. 19 73 - ' 4 ~ Notary Public in ~nd for the ate of florida at Larye ~ My Commiaion tzpires: ; ~ Retum To: _ ~ F{~N'r?'.~A1~ ~ A.ORIDA t~ 4llRdE ~ ..,.:,;,j~ ~ , ~ C~1A111S513'1 ~7~1RE3 S~. 25 first Federal Savings 3 losn Association ~ ~ - '~=i . ~s~ , apM~ ~ ~1lfl~ ~ill~ti8 ~lfttlCl~ ~ Of Fort P~erce. ~:i....,~ ~ ~ Fort Pierce, Florida • V~ l~ i • i ~ : v. ' • d ~ . ; ~ ~d: . o ~ - r=. F LED AMD aECOROE~ ~ : ,a ; _ d t, ; ; _q ~ g~. LUCIE C4UNTY flA- ` ~ ; "p _ ROGER P01?RAS This Instrument Prepared By Robezt A. S~?isher ~.Tf~ v;, p J~~: ~f; CLERK CIRCU~fi COUItT ~ First Federal Savings 8~ Loan Association ; i•. ~r 1,~r ' REC~RD YEa~F1E0 _ of Fort Pierce ~ Rlorida .t`• ~ ~ ~j 9 ~ ~ • ~h~~ P~E2942 ~ ; ~ . 262360 ; ~ ~ - ~ # ~ - - - - ~ ~~._..~r. . ~ . _ ~ _ . . _ _ ~ . _