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To placa a~d continuoualy keep on the bui'd~ngs now w hereafte? ~ituats on said land and on all eq~~p~xnt snd pe?sor~ally covered by this mw~g- sgs, with •11 premi~ms thereon pa~d in lull, fire insurance in the usual srandard policy (orm, in • sum approved by the MORIGAGEE, and w~nds~orm in~urance in the usual sundard pol~cy torm, in a sum approved by t!a MORTGAGEE, in such tompany or comp~niet as tM MORiGAGEE may dired; ~nd all fire and w~ndstorm insurance po~~cies on any of sa~d build~nys, any interest therein or pa~t thereof, in tM aggre9ata sum aforeuid a In excess thertof, tAall co++tain the usual sta~dard margagee dause a such other clause ths Mortgages m~y requirs, maAing the loss unde~ ta~d polt cief, each and svery, psyable to said A10RTGAGEE ai ~b interest may appea~, and each and every such policy shall be promptly au gned a~d delivered to any held by said MORTGAGEE as further security to said n,ortgage debt, and, not less than ten (10) days in advsnce of Ihe expiration of e+ch policy, to dr Ifver to taid MORTGAGEE a renewal ~hereof, ~ogcit~e~ with a~eceipt fw the premium ol such renewa~; and ~here shall be no Gre or windsto~m insurance placed on ~ny of said buildings, any inlerest lherein o? part Ihereof, unless in the form and with ths loss payable as aio~esaid; and in the event any sum of money txcomes payable under such policy a pol~cies said MORTGAGEE shal~ have the optian ~o receive and appty the ume on accouro of the indebted ness secured hereby o~ fo permit said MORTGAGORS ro receive and use it w aoy pa~t thereof for osner pu~NOSes, w~thout th_~~u~ wa~w~n9 0~ ~~npa~r- ing any eqvity, lien a right under or by virtue ot this mortgage; and in the event said MORTGAGORS sAall (or any reason fail to keep ~he ssid premise~ so insured, w fsil to deliver promptly a~y oi iaid policies of insurance fo said MORTGAGEE, a fail promptly to pay 1u:ly a:?y premium lherefor a in a~y respect fail W perform, distharge, executa, effect, complete, comply with and abids by this covenant, o~ eny pa~t hereof, said MORTGAGEE may plate ar,d pay fa such insurance w+ny Fart thereo( without waiving or affectir?g any option, lien, equ~ty, w right unda or by virtue of this Mortgaye, and the ~ full ~mov~t of each and every such peyment shall be immediately due and p+yable and ahall bear interest from ths date ~hereoi until paid at the ~at~ ol ! nine per centum per annum and together with such interest shall be secured by the lien of this matqage. ~ 1. To permit, tommit or suffer ~o waste, impairme~t p deterioration of sa~d propc~ty or a~y part thereof. S. To pay all and singul~r the coats, chargcs and expenses, including a reasonable atto~ney's fce and coati of abstrads of title, incurred w paid at any time by aaid MORTGAGfE, because a in the event of the failure on the part of the said MORTGAGOR to duly, promp~ly and fully perlwm, d~xharga, execute, effed, comple~e, comply with and ab~de by each and every the sfipuletions, agreemenn, conditions, and covenants of said promissory note and this mortgage any w ei~her, and uid cosK, chargti and expenses, c~ch and every, shall bs immediately due and payabte; whether or not there be notice da mand, attempt to collect w wit pend~ng; a~d the full amount of each and every such psyment shall bea? interei~ from the date thereof until paid a1 the rate of nine per te~tum ~r annum; and all said tosts, charges and expenses incurred or paid, logather with suth intetest, shafl be setuted by the lien of thif mwtgsge. ' 6. That (a) in tM ~vanf of any breach of this Mortgage or defaul! on the part of the MORTGAGOR, pr (b) in the evem any of u~d sums of money _ herein refe~rwl to be not-pranpt{y and Eully p~id within tturty 1301 daYS ~exf after the same uverally become dve and payable, withoyt demand w notice, or (c) in the event each and every the s~ipulations, agreemenis, cond~t~s a~d covenanb of sa~d promisso~y oote and tFua mortgage any or e]ther ere not i~ly, prompNy and fully perfamed, d:xharged, executed, effected, completed, compGed v.~7th and ab~ded 5y, the~ ~n either w any such e~ent the s~id ag gregata s~m mentioned in said promissory note then remainin9 unpaid, with interest accrued, and all moneys secured hereby, shalt become due and pay- able forthwith, or thereafter, at Ihe opt~on of said MORTGAGEE, ai f~lly and completely as if all of the said sums of _money were dginally tripulsted to be paid on such day, anything in sa~d promissory note or in this Mwtgagr to the contrary notwithsranding: and thereupon or thereafter at the opt~on of said MORTGAGEE, w~thout notice w demand, suil at law or in eqvity, therefore a tF~ereafter begun, may be prosecuted ss if all rtw~eys secured hereby had matured pnw to its institution. 7. That in the event that at the beginn7r.g of w at any time pendiru~ any suit upon this Mortgage, or to forectase it, or to reform i1, or fo enfwcs payrrxni oi any tia+ms i~reunder, said :.:uRTv%::.Ei s~aSi a~p:y to s:.e Ge:;ri ha.:~.g ;~::sd:c::c:.~ the:ce! fe: th.e a~r~€ntrr:er.i af a Re_e€r=~, s:::h Ccutt s!?a!! Forthwith appoi~t a receiver of said mortgaged property all and singular, intlud~ng all and singular the income, proi~ts, issues and revenues from whatever source derived, each and every of wh~ch, it be~ng expressly unders~ood, is hereby mortgaged as if speuf~cally ut forth and described in the granting and habendum clauses hereof, and such Receivcv shafl F?ave a!1 the broad and effective funU~ons and powers in anywise entrusted by a Gourt to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the ' adequacy or inadequacy o( the value of the prope~ty mortgaged or to the solvency or insotvency of said MORTGAGOR or the defendants, and that such { rems, protits, income, iuues and revenues shall be epptied by such Receiver according to the lien a equity of wid M~TGAGEE and the practice of such ~ CouA. i•`' ~ i 8. To duly, promptly and fuJly per(orm, discharge, execute, effect, complete, compty with aod abide by each and'every the stipvlations, agreements, E conditions and covensnts in sa~d promisswy note and this mortgage set forth. - j 9. That in the event the ownership of the morfgaged premises, or any part tF~ereof, becomes vested in a person other than the MORTGAGOR, the t t1:ORTGAGEF, its wccessors and auigru, may, without nmice to the MORTGAOR, deal with such successor or svccessor in interest w~th reference to this ~ mo~tga~e and the debt hereby secured in the same manner as with Mortgagor without in a~y way vitiating w dixha~ging 1Fie Mwtgagors' liabi~ity hert ~ under w upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAS'aEE or its successors t or assigns and no exte~sion of the rime fw the payment of the debt hereby :xured given by the MORTGAGEE or its successws or au~gns, afiall operate ro re#ease, d~scharge, modify change or affect the o+iginal liab~t~ty of ~he MORTGAGOR herein, either irt whok or in part. 10. It is specifically agreed that time is of the easence of this contract and thst no waiv~r of any obligat~on hereunder a of the obligsYan sr i cured hereby shall at any time thereaf;er be held to be a waiver of the terms hereof or of tFx instrument secured herby. 11. In add~tion to the Iwego:~g monthly paym=nts of princ pal and inrerest required by the p~om~ssory ~ote secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthty pay~,:ent an add~rional sum estimated by mortgagee to be eq~al to 1 j 12 of the annual cos~ of the follow- in3: A-All real property taxes levied or assessed agai~st thc above described real estate. B-Premiums on fire and windsto:~n insurar.ce as herein requ~red to be carried on the improveme~ts s~tuate on the above dasc:ibed premises. C-Ptemiums on such mortgage guaranty insurar,ce as mo~tgagee shatl from rime to time deem fit to carry on the loan secured hereby. Mortgagee shalf from time to time notify mortgagor in writing of the amount due and payabte hereunder and s~ch sum shall thereupon be due and ~ F.ayable on the due date of the next monthiy payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such t ?^~ourM.-Svchzvms shafF be aPP~"~Y-*'+ah3a9ee-towarcf the Ferme^t-of-reaF- prepertp faaee,-i~a~xance-prem~vms,-a+id mat9~-9~~~Y inwrance--- i p~emiums. ~ IN WITNE55 Y/HEREOF, the saed MORTGAGC~R has hereunto set his hand and seal the day and year first aforesaid. S Signed, Sealed and delivered in the presence ofe ^ ~ ~ ` (/~.d L~_ ~ Q'iVl~ n } ~ f ~EV ~r. RFCOROEO ~la./ ~ i~.L1~CiE ~MINTY ~tJ. ` H11di~an (Seaq ~ a~s~~ -o~~a~?s - - cs~~ Ctfk~ C'~ -U~t ~ o Anne Hu n PE~oFh rF~,+ Eo~~---- ~n ~ - SFIs f3 ~ ~ ~ CTATF OF ~LQRI~A ~ ~ Y~ frI'~~~W ~ ~ ~ couNlr oF St. Luc1e ~ Befwe me personatly appeared Dewev W• Nll(~~A end ~ .~O Anne Hudaan his wife, to me well known a~d known to me to be ~ rhe individuals described in and who executed tF?e fwegoing instrument, and ackrwwledged before me fhat they executed the same fw the purposes ~ rherein expressed. And the said .10 Anne Hut~dZ1 ++~fe of the said DBreV W~ Hudaan ~ o~ a separate snd p~ivate ! ~ e¦amination by me taken separate and apart from her said husband, ackrawledged to snd before me that she exetuted said instrumem freely and volun- } rarity and without any compulsion, constraint, apprehl nj~ot fear of -from wid husband. ' ~ ~ WITNESS my hand and official seal this ` day of Z A. D. 19~_ ~ ~ ~ .--.__r,___~.__.-.-_..~..--.-......»- .__.___.,.-~_,..-.J,~r- - € Notary Public in and fw the State of Fbrida at Large :`:K My Commiuion expires: Retwn Ta ~ ~ First Federal Savings b loan Auociation ' _ NOTARY PUBt IC. STATE oi FIOR) a~ tAR~E ~ Of Fort P~erce. , ~y~, tAY CO'e.tt::.,.. EX^~R~S'~IA'~ J' '+f ~ a~, ~ Fort Pierce, Florida BpGdts ~~p ~ , :,T,;:._an Pe~t'h~S,J~:'Soi~~G~bw /i i ` C_ c , : i v~ ' ~ , ' This Instrument Prepared By Gazy [r. Bllwood _ ' « ~ b F : t_; - First Federal Savings & Loan Association = ~ - - ~ of Fort Pierce ~ Irlorids - t~ 3' ) f. ~ ~ Checked By~- ~ _.',r..,~•~4'~~~'`,. ~ , _ ' i ~ °ooK 218 PACt 1735 ~x 'Nrj ~~ro - _ - . . _ - a . - i ~ . a~ ~ ~y..«~. ~T:~'~"~ s'~ r~ - ~ ~`~~,~-'~°-zr~."~~ . _ . ~