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To place and cone7nuously ke~p on the b~i!dmgs now w hereafrer situate o~ sa~d I~nd and on sll eq•~'rymenl and personally covered by this matg- pe, w+~h ail p~emiumt Ii+ercon pa~d in tuil, f~re ins~rsnce in rhe uwa! standa~d policy fam, in • wm app~ovzd by ~he MORIGAGEE. a~d windstorm insur~nte Fn the usual s~andard pol,cy fo~~n, in a sum approved by the MORTGAGEE, in fuch compe~y or co~npanies as the MORTGAGEE may dirKtp and all (ire and windstorm infuranca policie~ on any o( said buildmgs, any inrerest therein or pa~t thereol, i~ the agg~egs+e svm aforesaid ot !n excess thereo/, shall corodin the uiual standard ma~gagee clause w such othe~ clauss as the Mortgagee may requ~re, makin9 the loss under sa~d polt de~, each end e~ery, payabte ro said MOR?GAGEE ~s ~ts ~n~rrrst may appear, a~d each and every such poi~c~ sheli be promp~ly ass gned and de~ivered ~o any held by seid AtORiGAGEE as (u~ther securify to said mo~tqayr dab1, and, not less tMn te~ (10) days in adrance of 1F+e expiration of each policy, ~o de- liver to said MORTGAGEE a re~~ewal th~reo(, toge~her with a rece~pt !or Ihe prrmium ol such renewal; and the~e shal! be no f~re or windsto~m insu~ance plxed on any of said buildings, ~ny interast therein w parl thereof, uniesa i~ the form and with ths loss payable a~ afaesaid; and in 1he event any •um of money kxcomes payable under such polity o~ polic]es said MOitTGAGEE ahall have ~he opt[on ro receive and apply 1he ~ame o~ accouM of the inde6ted- ness secured hereby a to permit s.~id IAORTGAGORS to receive and vse il o? any pa~f rhereof fo~ oii,~•~ ~:ur+~oxs, v~~~hc~t th,.~u~ wai~ing or ~~~~pa~r- tny any eqv~ry, lien w rght under w by vi~tue of thls ma~gsge; and in the event sa~d MORTGAGORS shatl fw any reason fail to keep the said premisri so insu~ed, w fail to de~~~er pranptly any of said policies of iniurante to said MORTGAGEE, ot tail promptly to pay fully any prem~um thcrefor o? i~ a~y reiped fail to perfwm, discharg~, exewte, effMt, comp(e~e, camply wirh end abide by this cove~anf, a a~y part lKreoi, sa~d MGRTGAGEE may place and pay for such iruu~`nce or any part thereof wi~how waiviny or afFecting any opt~on, lien, cqu~~y, o? r~gh~ under or by v~rtue of ~his Mw~gage, and the . • . . e o iui. i:ctwui C3::. 3::u' ciEli i::: i S~'•~~ ~,_Ty!:0 ~Ii ~l~.~ ...,,1 .1,1., a~vi i?ull bear tiNereil fron~ 1f1@ daf0 ~f12(EOf Yntil pGiQ at t}K ~2f f nine pet ter~tum pe~ annum and fo~eflui wilh su[b interest shali tx secured by tF?e lien of th~s mortgege. 1, To pe~mit, commit or suffer no waste, impsirment w detcrioration of said property or any pan thereof. S. To psy all and singufar the costs, charfles and expenies. i:xludin~ a reasonable a+torney's fee and costi of abstracts of title, incu?red or paid al any lime by said MORiGAGfE, because or in the event of the failure on the part of ~he said I~iORTGAGOR to duty, promprly and fvlly pe~lorm, d+scharge. exec~te, efiect, complete, comply wnh and ab;de by each and every the s?ipu~at~ona, agreements, cond~Yroos, and covenants of said p~omissory note and ~hii mwtgage any or ei~her, and sa~d coab, charges and eapenses, each and every, shall be immed~ately due and payab:e; whether or not there be aorice dr mand, attempt to collecr or s~it pending; and the fu!! amount of each and every such payment shatl bea. interesl from the date thereof until paic! at the rate of nine per crntvm per annu~r, and all said costs, chargzs and exptnses ~ncurred or paid, Iogether w~th such imerest, shall be secured by the tien oi thii morrgage. 6. Tha( (a) in the event of any brescA of thts Mo?tgage or defavlr on the part ol the MORIGAGOR, or ;b) in 1he eve~t sey of said svmi of money herein referred to be na prompHy and fully paid within Ihirty (301 days neat aiter the same seve~ally become due and payable, witi~ou~ demand or no~ice, or (c) in the event each and every the stipulations, agreements, conditions and covenanh of sa:d promissory oote and th~s mortgage any o+ e+ther a~e no1 ~u1y, promptly and fulty p~r(ormed, d~scha~ged, eaecuted, effec~rd, compteted, complied w~th a~d abided 5y, Ihe~ in e~ther or any such event the sa~d ag greg~te sum mentioneJ in said promissory ~ote then rema~ning unpaid, with interest accrued, a~ etl moneys aecured hereby, thall bEtome due and pay- able torthwith, or thereafter, at the oprion of said MORiGAGEE, as fully and complefely as if all of tt~e uid sums of rrwney were a~ginalfy sf~p~~lated To be pa~d an such day, anything in sa:d prom~sswy note w in this Mortqage to ~he contrary notwithstanding; and thereupon w thereafter at the option of sa~d MORTGAGEE, without nouce or demand, suit at law w in equity, therefore or fhereafter begun, may be prosecuted as if all moneys secured i?ereby nad matured pr~or to ~ts i~stitufion. 7. That in the event that at the beyi~n~ng of or at any time pending any suit upo~ this Mortgage, or to foreclou it, or to re~orm it, or to enforce paymcM of any claims hereunder, aaid MORTGAGEE shall apply to the Court having jurnd~a~on thereo( for ~he appointment of a Receive~, such ~ourt shatl fonhwi?h appoinl a recri~e~ of ia~d mortgag~~d property all and singular, ~nctud,ng all and sir=gu~m ihe income, profits, ~ssues and revenues from whatever source derivtd, each and every ot wh~ch, it be~ng express~y u~ders~ood, iy hereby mortgagecf as if spec~iicalty set forth and desaibed in the granting and habe~dum clauses herrof, and such Receiver shaN have a!1 rhe broad and effettive funcr.ons and powers in anywise entrusted by a Coutt to a Recriver, and s~ch appointment shalt be made by such Court as a~ admitted equity and a ma~ter of absolute right to said MORTGAGEE, and withoW reference to 1he edequacy w inadequacy of the vafve o1 the property mortgaged or to the so~ve~cy or ~nsoivency o( sa~d MORTGAGOR or the dete~dants, and that such ~~^~A~m~^~ '-b~-appliecLhy Qacei~er acco~~„ig ro the Gen or equity of sa~d MORiGAGEE and the pracr.ce of such Court. 8. To duly, promptly and fully p~rEorm, discharge, ezecute, effen, comptete, com.pty w;th and abFde by each and every the stiputations, agr~ements, conditions and covenanis in aa~d promissory note and th;s mortgage set fo~th. 9. That in the event the cwnenhip of the mortgaged prcm~ses, w any part thereof, becomes vest~d in a perwn other than the MORTGAGOR, the MORTGAGEE, its successws and assigns, may, withovt notice to tfie MORTGAOR, debl wi~h s~ch successor or successor in interest w~~h refere~ce to thi~ mortgage and the.debt hereby secured en the same manner as with Moirgagor w~thout in any way vit~ating pr d~scharoing the Mortgagors' liabili~y here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the /~10RTGAGEE o~ its successors or assigns and no exrension of ~he time for fhe pay~nent of the debt he•eby secu~ed qiven by the MOR7GAGEf or its successas or ass:gns, ahall operate ••~°'s°, !~:srti=•M, ^~.+d;fy ~lunae or affect the orioinal liabii~ty of the MORiGAGOR herein, either in whole or in part. 10. It is specifically agreed that t~me is of the essen~e of this contract and tFat no waiver of any obligation hereunder w of the obtgation sc cured hereby shall at any time thrreafter be held to be a waiver of the terms hereot w of the instrument secured herby. 1 L(n adcl.iio~ to the forego ng rronthty payments of princ pat and inrerest requ~red by the prom ssory »o~e sec~red he~eby, mortgagor tovertants and agrees to pay to mortgagee •nith each monthly pay~: em art aad~r~onal sum est~mated by mortgagee to be equal to 1~ 12 of the ennual cost of the follow- ~ng: A-Atl real p~operty taxes ~evied or assessed aga~ast the above describcd real estate. B-Prem+ums on fire and winds~orm ins~rar.ce as ne~e+n req~irrd to be c~rried On the improvements s~/uate on the above dasvibed premises. ' C-Premlums on such mortgage yvaranty ir.sura~ ce as mo~tgagee shail from t:me ro time deem fit to carry on the loan secured hereby. Mortgagee sha~l frcm time to r~:ne nct~iy mortgagoe in writing of the amount due and payabte hereundrr and such sum shall thereupon be due and c 3yabte on the due date of the nexr monrhiy payme~t and each successive rrzonth rheseatter ar,ti} merfgagee s?iall notify mortgager of a change in such a•,;ount. $uch sums sha11 be apNiied by mortgagee roward the payment of reat property taxes, insurance prem:ums, a~~d mortgage guaranty insurante ~-,remiums. iN Y.'tT~JE55 YJHERcQF, the sa~d MORTGkGOR ha: hereunto set his hand and seal the day and year ~f aforesaid. ~ Sgned, Sealed and delivered in the prese~+ce of: ~ ~ -~t-~ ~ , sn Po9e Cowell a~~ i~ ' ~ _ a , i (Seaq - Sheila Ca~vell ~~a~~ ; r ~-s~ oF x~amc G'c b~ a ~ ~ ~ ' ~av~arr~ oF /,t,~ ~ . ~ F_-,~ ~ r P.efwe me personal{y appeared Rdger A~ CAWQ~l, and ; _ ~~lel~.d COW 11 - his wiie, to me well known and known to me to be j the mdrviduals described in and who executed the fwegoing instrument, and acknowtedge~ before me that they executed the same for the purposes ~ therein expressed. Md the said Shei~a rOWQ22 ~ w~fe of the said _ ROQer a. OWe12 upon a uparate snd privare , examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun- i rarily and w~thout any compulsion, constraiot, appre~hjens~ion, or fear of or from her said husband. - WITNESS my hand and official seal this L/~j day of A. D. i91,G ,Y ~ . ~ ~r. s~ ) 'r ..u?i.~~(.f .•'+e~,~ _ . Nofary Publie ' ~ ~ ~ fj My Commission expires: --7 / ' r=~.,~~~~~,~ ~ /C- 3/_ ~k~ ' first Federaf.S~vio~:6 Loan rssoc:at~on Fo~t~P~2tt2. „ FOrr PieFc~. Iprid~ V~ ~ ~ EcoaoEo 1:;,~'•.,~:..~. FIlEO AE~ ~jUN~Y flA. ' •j1 ; ~ ST.IUC • ,RAS ; • , - . ROK E w:i COUR7 ~ This Instrument Prepared By J. H. Roberts J~, c~oa^ YE~`",~=' ~ First Federal Savings 8 Loan Association ~ p u 1 _of Fort Pierce ~ Fl.,rida ~ ~ `2 26 p~t ~ Checked By ~ o R zs3a4~ Bo~218 P~~E1015 ~z~ . _ - x~ Y.. y_ _ ~ _ P~-~::