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To place snd continuously keep o~ the b~~:d~~~gs noar or hereafte~ situaro on aa~d land and on all equ~y~+~enf and personally co~e~ed by th~s mwtg- s9l, With ail premium~ Ihereon pa~J m full, t~re ins~~ance in In8 usual s~a„de~d poi~cr ~otm, in a~um approred by Ihe MOR~GAGEE, and w~ndsturm iniurante in the uwal s~andard Fol:cy fonn, in a w~n app~o~ed by the NkORTGAGEE, in such twnpany or compan:es at tAe htORTGAGEE may d~~eu; •nd atl tire and w~nds~urm insurorce pol~ur~ o~ any of sa~d Iwild~r+ys, any intarest there~n oi pe~f ihereof, in the aDg~cga~e sum aforesd~J or in exces~ Ihereof, thall coo~ain ~he uwal sta~edard mor~gagce dause a such ofher dsuse as the Mortgagee may requ,ro, makin9 the lcss ~nde~ io~d poli- c~es, each and ev~ry, payabie io sa~d AIORTGAGEE as ~~s imzr~st may appear, and each and e~e~y such po~~cy shall be p~omptly ass gned ard del~venrd ~o any held by iaid MORiGAGEE as iu~tner srcurity to se~d mor~gege debt, and, not lesa than ten (10) days in advance of the expi~at~on of each polity, ~o de- liwr to wid MORTGAGEE a renewal thereoi, toge~her w~~h a rece~pt fw Ihe p~emium of such renewal; and ~he~e shall be no f.ie o~ winJew~m ir.swance pl~ced on any of said bvildings, any interett Ihere~n a part thereof, unless in the (orm and w~~h ~he los~ payabte as aforeiaid; and in the eve~1 any sum . of monQy becomes payable unde~ tiuch policy w poticies said MORTGAGEE shail have ihe op~~o~ to recrive and apply the wrne on accoun~ of the inJcbrrd- neas secured hereby o~ to permit said MORTGAGOAS ro reteive ~nd ~se it or a~~y part ~hereof ior o:he~ pwposrs. ~~~~ho~t th u~ .v~~.~.:~ c~ ~~~:P~~~- ing any equity, lien w righ? under a by virtue of this mo-lgage; and in Ihe event as~d MORiGAGORS ahall for any reason fail to keep the said prem~ses so insur~d, o~ (ail fo dsliver promplly ~ny of said policies of insurance to said MORTGAGEE, or fai! promptly ~o pay fu;ly any pre~mum therefur o~ in any respect fail to perfam, d~scharge, execute, effect, complete, comply with and abide by thit cove~+ant, a any parr hrreof, sa~d MGRiGAGEE may p~ace a~~d pay to~ such insurante or any part thereof without wsiving or af(ecti~g a~y oplion, lie~, equ~ty, or ~ight under p by virtue oF this Mortgage, and tht _ . . . . r • - full amount ot each and every fuch paymenl snan oe ~mmediaie~y due and payaoie •~w ai~eii ure~ inir~rii ::.o ~oc~ cc...:~:.: u:.::: r...a a. n~ne per centum per ann~m and to~ethe~ with such interest shali lx secured 6y the lien of Ihis matgage. 1. To ptrmit, commit or sui(er no waste, impairmenl w deterioration of said property or any part Ihereof, 5. To pay all and singutar the costs, charges and expenses, includ~ng a reasonable attorney's fee and cost~ of abatrocts of t~He, incurred or pa~d ar any time by said MORTGAGfE, because or in the event of the ~ailure on the pan of ~he said MORiGAGOR to duly, promptly and fully perform, d~xharge. execute, et(ed, complete, comply w~~h and ab;de by each and eve~y the stipulation~, agreements, cond~t~ons, ar.d covenants of said prom+ssory note and this mortgage any w eitlxr, and sa~d costs, charges and expenses, each and every, shall be immediately due and payable; whrther p not rhere be no~~ce de mand, attemFt to collect a suit pend~ng; and the tull amount of each and erery svch paymenl shall bea. interest from the date thereof ontil pa~d at the rare of nine pe~ crntum pe~ ann~rn; and all sa~d costs, cnarges and expenses incw~ed or paid, toyrther wuh such inure~t, ahall be secured by the lieo of thi~ mort9ag~. - _ _ - - - _ _ 6. Tha1 (a) i~ rhe event of any brexh of ih~s Mw~gaga or default on the part of the MORTGAGOR, or (b~ i~ the event any of sa'd sums of money herein re(erred to be not promptly and-fulty_p~id within th~rty (30) days next after the same severally become due and payable, withou~ demand w no~ice. or (c) in the event each and every the stipu!ations, agreeme~ts, conditions and tovenants ot sa:d promiswry note and th~s mortgage any o? either are not ~uly, promptly and fully performed, d.s:harged, executed, effected, comp~eted, complied with and abided by, then in e~ther or any such event the sa~d ag gregate sum mentioned in said promissory rwte then remaining unpaid, with interezt accrued, and all moneys secured hereby, shatl betome due and pay- abte iorthwith, w thereafter, at the opt~on of said MORTGAGEE, as fully a~d complete(y as i( all of t{~e said sums of money were w~ginally st~puEated to be paid on such day, anyfhing in sa.d prom~ssory note or in fhis Matgage w the contrary notw~fharand~ng; and thereupon or thereaiter a1 the opt~on of said MORTGAGEE, without not~ce or demand, suil at law or in equity, therefore or thereafter begun, may be prosecuted es if all moneys secured hereby nad matured pnw fo its mstitulwn_ 7. That in the event that at the beginn~ng of or at any time pending any suit upon Ihis Mortgage, w to faeclose it, or to reform it, or to enforce paymeM of any claims hereunder, said MORTGAGEE shall apply to the Covrt having ~wi:d:ct~on thereof fw the appointment of a Receiver, such Court shall forthwith appo~nt a receiver of said mortgagrd property all and singular, incl~d~ng all and singular the income, prol~ts, isa~es a~d reven~es from whatever so~rce derived, each and every of wh,ch, it be~~g expressty understood, is hereby mortgaged as if spedficatly set icKth and deuribed in Ihe granting and habendum clauses hereof, and such Receiver shall have all the broad and effecrive funchons and powers in anywise entrusted by a Court to a Recei.er, and :•_ch appointment shall be made by such Court as an ad~nitted equity and a matter of absotute right to said MORIGAGfE, and wishout re(ererxe to the adequacy or inadequacy of the val~e of the property mo~tgaged or to the so.vency or insolvency of said MORTGAGOR w the defendants, an~ ihat such rems, profits, income, issues and revenues shall be app(ied by such Receiver accord~~ig_ to the lien or equity oi said MORTGAGEE artd the practece of such CouA. _ - 8. To d~ty, promptly and fvlly pe~{orm, discharge, execute, effect, complete, comply with and abide by each and every the stipvlationa, agree~nents, conditions and covenants in sa~d promisswy note and this mortgage set iorth. 9. That in the event the ownership of the rta+tgaged p~emises, or a~ry part thcreof, becomea vested in s person otfier than the MORTGAGOR, the N.ORTGAGEE, its successors and assigns, may, without notice to the A10RTGAOR, deal wilh such successor or successor in inierest with ~eference to thia mortgage and the debt hereby secured in the same ma~ner as with Mortgagor without in any way vit~ating or d~xharging the ~~lortgagori liability hert under or upon the debt hereby sec~red. No sale of the Fremises hereby mortgaged and no forbea~ance on the pan of the 1~IORTGAGEE or its successws er ass~g~s and no eatension of rM time for the paymem of the debt hereby secured given by the lNOR?GAGfE or its successws or au~gns, s~ all operate io release, d~scharge, modify change or af4ect Ihe o.iginal liab:t~ty of ~he MORTvAGOR here~n, either in whole a in part. i 10. It is specifically agreed that time is of the essence of thia contract and that no waiver of any obligat~on hereunder or ,Of,~e~j~iow ~e-~~: cured hereby shall at any time thereafter be held to be a waever of the terms hereof w of the instrumeM secwed he~by. _ • ~C'•~'~ I1. in add f~on to the forego'ng moMh!y paym~n?s of princ'pal and interest required by the promissory no!e secured hereby,~r;ortgagorKOVenanA ~y and agroes to pay to mortgagee v~:th each monthiy pa j~nent an add~~~onal sum est~mated by mortgagee to be equal to 1; 12 of the an:wal tost q~he iollort-; ~ ~n~: . ~ G 'I' C' . - ' C " ! A-All real property taxrs lev~ed or assessed ayai^st fhc above desc.ibcd real estate. C~~ C:~ - ~ B-Prem~ums on fre and Y.~ndsrorm inswar.ce as herein requ:red to be ca.ried on the impioveme~ts situate on the above descrijsed pr~,lniset. ~ I . ' ~ C-Premiums o~ such mort9,ge guaranty ir.surar,~e az moregagee shait from t~me to ti~ne deem fit to carry on tfie loan secured'~1eS~byj... .j?,~ ~ Mortgagee shall from time to time notify mortgagor i~ writing of the amou~t due and payable hereundet and such sum shall there~pon I~~u~a ~ c~yable on the due date of rhe r+ext montl,~y payment and eath successire mon~F+ ~he~eafter un~if rtwrtgagee shall not~fy mortgagw of~5t.f~ ~T~~~ , ~ ,~-:ouM. Such sums s~ail be appGed by mortgagee toward tix payment of real property.taxes, insurance prem.ums, and mortgage guaranty msurance ~ r~emiums. ' ~ IN WITNESS WHfREOF, the said MORTGAGQR has hereunto set his hand and seal the day and ear first aforesaid. igned, Seal and del' r in tF~ presence of: `S C~S ~ T C~O~TI~ ~ ~ FtIEQ Ah0 ?fCOBOfO $y • ~ ST. LuC{E COUNtr f~A. ~ e T s ri an ~ ROCER ?a'TRAS ~ . (Sean ~ _ _ , CLERK C•~.~Jli COURT t1'.63t t ~~a~~ ' REf.~~~ YEk1=~EP ' ~ (Seaq ~ • - - - - - SEr 5 i s2 PK'13 STATE OF FLORIDA COUNTY OF ST. LUCIE ~v~`~uv ' 1 HEREBY CERTIFY, That on this day of_ Au~u9t , A. D. 19 73 , ~ before me personally appeared iiazel J. Harris and F'I'anklin A. Harris ~ ~ respectively President and Secretary , of HAPEI~ CONSTRUCTION CQRPORATION , a Florida Corporation, to me ~ - known to be ihe persons described in and who executed the foregoi~g instrument and severally acknowledged the exe- cution thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; and ihat they & affixed thereto the official seal of said corporation, and the said instrument is the act and deed of said corporation. t, . WITNESS my hand and officia) sea) at Fort Pierce ~ , said county and state. :his instrument prepared by . ~ ''m. Braun • ~ ~ ~irst ~'ederal Savings and Loan Notary~uhlic, in a or State and Counry aforesaid. - - - ~ ~ssociatior. of Fort Pierce, ~'lorid~ , : ~ -My C4r~qmission Expires: / 4 7 ~ ~ ~ . • ~ ~=1/3. ~hf~~ .~_rcf~ . t : ~ Checked By,~- , . ,-i,;~- - . . , •,:,.i,... ~o~K 218 FA~E ~3~ ~ ~ - _ ~s,__~. . _ . _ ~ ;