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To plsc~ and continuously keep on th~ bu;:d~ng~ now a he~ea(t~~ situst~ on seid land snd o++ ~II cquipmen~ and personally cove~ed by lhit mat¢ ~y~, wi~h dl pr~miums ihercon pa~d in (ull, ii~a iniurance in the usual standard pot~ty (orm, in • tu~n ~pp?ovrd by the MORTGAGEE, and winditam inaurante I~ tM usval ~tsndard pol;cy form, in a ~um approved by 1he MORTGAGEE, in svch co+npany or companies u tM MORTGAGEE may d'u~ctj ~~d all fire and w~nds~or~i insu~ance policies on any ol said bu~ldiny~, ~ny interes~ thsrein w pa?1 the~eof, in ~M a99seQs~e sum afpet~~d w (n ~zceu ~1~ereoi, shaU cooain ihs usual ~tandard mort8agc~ cbuu a such o~hm clauss ai tM Mortyage~ may rcqwre, makinp ths loss under sa~d poli~ cies, each and ~very, payable to said MORTGAGEE as its imerest may appear, and each and every such pol~cy shall bs prompily ~ss.9ned and dalivercd to ~ny held by iaid h10RTGAGEE as iu~the? tet~rity to uid mwtpa9e debt, and, no~ leu tMn ~en (10) days in ~dvance o1 the expiration of each policy, ~o dr IivN to iaid MORTGAGEE • ~enewal thercof, togetFw with a rece~pl fw Ihe premium of such renewal; ~nd there sFall be no i~re or windstorm insur~rcce plKed on any of uid buildin~s, any inte~eat therein or part lhaeof, unless in th~ form ~nd with tM lou payable as •fwesaid; ar+d in tF+e even? sny sum of nwney becomes payabte under such polity a policies uid MORTGAGEE shall have ~F?s option to receive snd apply the same on accounl of 1he indebted oeu ssc4~ed haeby w ro permif said MORTGAGORS 1o rrceive and uss it w any part thereof iw o~iur pu~poars, w~~hout th~.co~ waivi~ig o. ~~~~pair inp any equity, lie~ o~ right u~de~ a by virlue of this mo:!gage; and in the event said MORTGAGORS shatl iw any reason fail to kcep the said premisc•s so insur~d, or fail fo deliver promptly any of said polities of insura~u~ to sa~d MORTGAGEE, a fail promptly to pay lully any pre~nium the~efw w in a~y r~spact (aif ro ptr(o~m, d~xharge, execute, efFect, comple~e, comply with and abide by thii cove~ant, u ~ny part hzrcoi, said MORiGAGEE may pl~ce and paY for ~uch insurance w any p~~t thareof without waiving or •ffectirg any oofion, lien, eqvity. w rigM under or by virtw ot this l~~ortqage. and the tull amount of each and every wch paymem shall be ~nxnediately dve and psysble and ahall txa? ?nte~est fran ths da?e ~herebf umil paid at the rate ol nine per centum per annum and together with urch interest shall be secured by 1M litn of this mort9age. 1. To permlt, tommit or sufFer no waste, impairme~t a deterioration of said property w any parf thereof. ' 5. To pay all s~d singuts~ the costs, charges and expenses, includi~g a reasonable attwney'~ fee and cos~s of abstracri of title, incurred or paid at any time by said MORTGAGfE, because or in the evenf o( the failure on the part of the said MORTGAGOR to duly, promptly snd fv~~y perfwm, d~xharge. e=ecute, effed, complete, canply w~th and abide by each and every the atipulat~ons, sgreements, conditions, and covrnants of said p?omissory note and this mortgape any w either, and sa~d coats, charges and expe~ses, each end ~very, shall b~ immediately due and p~yable; whether a not there be ~o~~ce do- m~nd, attempt to collecf or suit pending; and the fu~l amount ct each end every svch payment shall bear interest from the date thereof until p~id a~ the rate of ni~e per centum per annum; and all said costs, charges and expe~ses incurred w paid, togelher w~th ~uch interesl, shall be secured by the tien of thii mortgay~. 6. That (a) in the eveM of any breach o~ this A!artgage a detault on the part of the MORTGAGOR, a(b) in the evenl any of sa~d tuma of money hereie ~efe?red to be no1 prompdy and fully paid withie thirty (30) days nex~ after Ihe same aeverally become due and payable, witho~t dCmand w notite. _ or (t) In-the event each and every ihe stipuiatiau, sgreemems, conditiw,s and covenants of sa~d promissory note and th~s mo~tgage any w e~ther are nol ~uly, promptly and fully performed, d~scharged, executed, effccted, completcd, compl~ed wlth and abided by, then in e+ther w any such event the said ag gregate wm menYaned in said Fromissory note the~ remaining unpa7d, with imerest accrued, and aIl moneys secu~ed hereby, shall become due and pay- able fwthwith, a thereafter, at the option of seid MORTGAGEE, as fully and completefy as ii alt of the said sums of money were originslly stipulated • ro be pa+d on svch day, anything in sa:d prom~uory note or in th~s Mwtgage to the convary notwithstanding; and thereupon o? thereafter at the option of said MORTGAGEE, without not~ce or demand, suit at law o? in equity, therefwe or lhereafter begun, may be prosecuted as if all moneys secured hereby nad marured pnw ro its institution. 7. That in the event that at the beginnirg of or at any time pending any suif upon this Mortgsge, a to fweclose it, or fo reform it, or to enforce payrnent of any claims hereunder, said MORTGAGEE shal~ apply to the Court having jurisd~ctio~ thereof tor the appointment of ~ Receiver, such Court shall torthwith appoint • receiver of said mortgaged propetty all and :ingular, includ~ng atl and singular ~he income, prof~ts, issues a~d revenuea from whate~er wurce derived, esth and every of which, it being expressly understood, is hereby morlgaged as if spet~fically set iath and described i~ the granting and habenclum clauses hereof, and such Receiver shall have atl the broad and effective (urtct:ons and powers in anywise entr~sted by a Court to a Receiver, and such appointment shall be made by s~ch Couit ss an admiited equity a~d a matter of absolute ~ight to said MORTGAGEE, and w~thau~ reference to the adequaq or inadeq~acy of tlx value of the properry mwtgaged or to the sotvency or insolventy of said MORTGAGOR or the defendants, and that such ren~s, profits, incarK, iuves and revenues shall be applied by such Receiver accwd~ng to the tien w equity of said MORTGAGEE and the praclice oi such CouA. 8. To dvly, promptly and fully periwm, discha~ge, execute, effect, complete, comply with and abide by eacb and every the stipulations, agreements, conditions and covenants in sa~d promissay note and this mortgage set forth. 9. TMt in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ~'ORTGAGEE, its successors and assigns, may, withouf notice to 1he h!ORTGAOR, deai with such succeuw or successw in interest with rete?ence to this mo~rgage and the debt hereby secured in the same manncr as with Mortgagor without in any way vitiating or diuharging the Mortgagors' liability herr under or vpon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the parl of the MORTGAGEE or its successors or assgns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, ~hall operate to release, d~scharge, modify change or affect the original liab~lity of the MORTGAGOR herein, either in whole w in part. .)0. It is speci(ically agreed that teme is of the essence of this contract a~d that ~o waiver of any obligation hercunder w of the obligation se- c~red hereby shalt at any time thrreafter be held to be a waiver of the terms hereof or of the instr~ment secured herby. 11. In add:tion to the forer3o:ng monthly paYmenrs of princ pat and interest required by the prom~ssory note secured hereby, rtwrtgagor covenants , and agrees to pay to moctgagee with each monthty payr.,em an add~~ional sum estimated by mortgagee to be equal to 1% 12 of the annual cost of the follow- A-Ali real Rroperly taxes levied or assessed against the above desuibed reat estate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvements situate on the above described premises. i ~-Premiums on such mo:tgage guaraMy insurauce as mortgagee shafl from time to time deem fit ro carry on the loan secured hereby_ ~ Mortgagee shall from time to time ~otify mortgagor in writ~ng of the amount due and payable he?eunder and such sum shal~ thereupon be due and ~ ;,:yable on the due dase of the next mozthly payment and each successive month theseafter u~til mortgagee shati notify mortgagor of a change in such ~ a~r±o~nt. $uch sums shall be~plied bY mqrtqa~g_19wdrd fhe paymenf of_ieal -propect~r-fanes,---insurawca---pram.unns~iwd-mo~igage- guaranfy- insurance - ~ premiums . ~ - ~ IN WlTNE55 WMEREOF, tFu said MORTGAGOR h~s hereunto set his hand and seal the day and ye first aforewid. [ Signed, Sealed and de~iver d in fhe presenee of: ~ - ~n ~ Ro rt L. Alle . ~ _ • tsean PBt~'1Ci8 Alley r~aq ~ - ~ STATE OF FLORIDA ~ couNTM oF ST. LIICIE Before me personally appeared Robert L. Auey e~ ~ PBti!'~C ~8 ~1671 his wife, to me well known and known to me fo be rhe individuals desvibed in and wFw executed the foregoing instrumeM, and acknowledged before me that they executed the same for the purposes P8L2'iC i~9 All therein expressed. And the said ~ wife of the said ~1~1't L- w7 ~e~ opon s separate and privste = ~ examinstion by rne taken separate and apart from her uid husband, acknowledged to and before me thaf she exetuted said instrument freely and volur?- ~ rarily and without any compulsan, constraint, apprehens~on, w fear of w from her said husband. ~ WITNE55 my ha~d and official_seal shis 2~h day of ~ em~r A D. 19~ ~ - - - . t Notary Pu i and for the State of f{orida at.~~ ~ ~ ' v . ~ ~ My Comm~uion expires: ; . , ~r•s' ~ Return To: ~f• ~ First Federal Savings 3 Loan Association NWary P~rWk~ sbN of Flot~a yt la[ . M~r Cenr~inion E:pir~t lulp 22. .1 V~ = Yz , Of Fort P~erce. . ~ 1 bond~d by Am~rican firc ~ Cawaity a~~, . . ~ Fort Pierce, Flouda ~ - ~ ~ y ~ ' : fILED ANO nEC~RDEO ~ ` ~ iT.tUCIE COUNTY FLA. ~ r ~;M ~'l~ ; ~ This Inst~ument Prepared By S. Braun R3CER FOITRAS r' ~ First Federal Savings 8 Loan Association CIERK CtF,CU!t COU_ R= - ~ of Fort Pierce ~ Florida PECOR~ YE~'~IEJ Checked By ~ ~ 10 ~0 la AN ~73 ~ ~ ~ eo~K 2~,8 PacEz456 2640'7'7 ~ ~ ~ - - _ _ _ , _ ~ ~ ~ ~~~~~6'_,~,~` . n., .s_~'Y ._v . ~ . _ . . _ ~ : .._L:.~,..~ F^2"_~ v:..iL