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To place and continuously keep on ~he bu~:d~nga now or hereaher ~ifuate on sa~d lend and on ali equipmenl ~nd petsonaily cover~d by this mor~g- ~g~, with ~11 promiumi thereon pa:d in Futl, fire insurence ~he usvai standard polity form, i~ ~ sum spproved by ~he MORTGAGEE, and windito~m insur~nce in iM uswl ~t,~ndaid po~~ty form, in a sum approred by tAe MORTGAGfE, in tuch tompany or compan~es as ~he MORiGAGEE may d"uect; and all iire and w~~Tditorm insurance po6cies on any of said build~~yi, any intere~t therem or per~ thercuf, in the aggregere sum ~(wesa~d w in ~xceu ~hereol, shaU conwin the usual standard mofigayee clauie w such o~ku clauss ss tM Mo~tpagee may requ~re, ma~in~ ~he loss urxier sa~d po~t cies, each and eve~y, payabte ro said MORTGAGEE at its in~e~eit may appear, and each and every such polrcy ~hall be prompNy ass gned and deGvered +o •ny held by u~d MORiGAGEE as turiher security ~o aaid mo.tgage debt, and, no~ Ies~ than ten (10) days in advance o1 the expiration of each pot~cy, to da IivK fo uid MORTGAGfE a renewsl thercol, logethar with a nce~pt for thc prernium ol suth renewal; and there thall be no 1~r~ or windsto~~n insurante p~xed on any of said building~, ~ny intereit fhe~ein ot pa~? thereoi, unless in ths fo~m and with IM loss payable as sfaesaid; and i~ the event any sum of money bccomei psyable ur.der ~~ch policy or pol~ues said MORTGAGEE shall havs the option to rcceive and apply the iame on account of the indabtrd- neu secured h¢~eby or to permit uid MOR~GACsORS to receive and uie +t o~ any part thereof }or oiher purpoles, w~lhout dr: r~ u,r waivin•3 or unp„ir- ing any equ~ty, lien or ~gh~ under w by virtue of this mo:sgage; ~nd in the event sa~d MORiGAGORS shall (a a~y reason (ail to keep the sa~d prem~~as so insured, or fail to detive~ promptly ~ny of sa~d policies of insurante to said MORTGAGEE, or fail promptly to pay fully any pre~n~~m thcrefor w in any respett tail b paform, d~scharge, execute, effect, complete, comply wi~h and abide by this covenant, w any pa~t hereof, said h10RTGAGEE may plate and pey fw ~uch insu~a:xs a•ny part thereof without waiving or affecting any option, lien, equity, w right under w by vi~tue of this Mortgage, and tht tvll trtw~nl of each and every such paymem shall be ~mrtKdi~tely due and payable and shall bear interes~ irom tho date thereof u~til pa~d at ~he rate ol ninc per ce~tum pe~ annum and to~ether with such inte~est shall be secured 6y the lien o( this mwtgage. 1. To permit, commil a suffer no waste, impairment w deterEoration of said properfy w any part Ihereof. S. To pay all and ~inyular ?he costs, chargct snd expenses, including a reasonable attor~ey's fee and costs of abstracts of t~tte, incurred or pa~d at any tim.e by said MORTGAGfE, lxcause or in the evem of the (ailure on the part of the said MORiGAGOR to duly, promptly and fu11y perform, discharge. execute, effccb complete, comply wrth and ab:de by cach and every the atiputat~ons, agreen~nts, conditions, and covenants of said promiswry note and ~hii matgage any w eithex, and said cosn, charges and expenxs, each and every, shall be immedlately due and payable; whether o~ nof there be notice da mand, anempt to cotled or suit peod~ng; and the full amoum of each and e~ery such paymem shall bear intereat from the date thereof ~ntil paid et tlx .ate of n~na per ce~tum par annum; a,~d all said costs, charges and expenses incurred or paid, togrther w~th ~uch interest, sh+ll be secured by the lien of th~s mort9age. 6. That (s) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred to be not promptly and fully paid within thirty (30) days next after ~he same sevcratly become due and payable, without demand or notice. or (cj in the event eath and every the stiputations, agreements, cond~tions and covensnts of sa~d promiswry noto-and th~a mwtgage any w either a~e not iuly, promptly and fully perfwmed, d~scharged, execu~ed, eifected, compkted, compGed with and ab~ded ~iy, then in either or any such eve++t Iht sa~d eg gregate sum rrKntioned in said p~omissory note then remaining unpa~d, with in~erest acuued, and alI mo~eys secured hereby, shall become due and pay- abie forthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as if aIl of the said sums of money were or~gina~ly st~pvlated to be paid on such day, anything in sa:d prom~sswy ~ote o~ in this Mortgage to the contrary notwiths~anding; and thereupon or thereaitei a~ the op~~on of sa~d MORTGAGEE, w~thout not~ce or demand, :uit at ~aw or in equity, therefore o~ thereafier begun, may be prosecuted as if all moneys secured hereby nad matured prior to ~ts instifuuon. _ 7. That in the event that'at the beginning of or at any time•pending any suit upor. this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any daims hereunde~, said AtiORTGAGEE shall apply to the Court having ~ur~sd:uion thzreof for 1he appo~ntment of a Receiver, such Court shal~ Forthwith appoint a receiver of said mortgaged property all and singular, includ~ng al: and aingular the inco~ie, protits, issues and revenues from whateve~ seurce dz.~~cd, each and evcry of wh~ch, it be~ng exp?essly unders~ood, is hereby mor~gaged ss if spec~f~cally ut for~h and dexribed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effettive funct~ons and powers in anywise enlrusted by a Court to a Receiver, arsd s~ch appointrtKnt shall be made by such Court as sn admitted equity and a ma~ter of absolu~e right to sa~d MORiGAGEE, and w~thou~ re~erence to the adequaq or inadequacy of the vai~e of the property morigaged or to the solve~+cy or insolvency oi said MORTGAGOR or the de(endants, and that such rems, profits, income, issues and flVMUCf shall be applied by such Receiver according to the lien w equity oi said MORTGAGEE and the practice of such Court. 8. To dufy, promFtly and (ully perform, diuharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d p~omissory note and this mortgage set tath. 9. Thaf in the event the owncrsh;p of the mortgaged premises, or any part thereof, 6ecomes vested in a perwn ofher than the MORTGAGOR, the .~J',QRTGAGEE, ifs wccessors and ans~gns, may, without no~ice to the htORTGAGR, deal with such successor or successor in interest wi~h reference to this mortgage and the debt hereby secu~ed in the same manner as with lllortgagor without in any way vitiati~g or dixharging the Mortgagors' liability here- under or upon the debt hereby secured. No sa:e of the prem~ses hereby mortgaged and no forbearance on the part of the MORIGAGEE or its successors or ass+gns and no exrens~on o4 the timt (or the payment of the debt hereby secured given by the MORTGAGEE or its tuccessws or assigns, ahall operate ~o re~case, d.xharge, modify change w affcct the original liab~l~ty of the MORiGAGOR herein, eitFxr in whote or in part. 10. It is spec~ficaily agreed that time is of the Qssence of this contract and that no waiver of sny obligation hereunder or of the obligat'an st cured hereby shatt at any time thereafter be he:d to be a waiver of the terms hereof a of the instrume~t secured herby. 11. In add r:o~ to the forego:ng month!y paymems of princ pal and inte~es: required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee a~th each mon~hly payment an add~rional sum est~mated by mortgagee to be equal to 1 J12 of ~he a~nual cost of the foilow- in9: A-All real property ta,czs lev~~d w assessed agai~st thc above descri,4,cd real esrate. B-Prerr.iums on fhe and w~ndstor•n insuracce as herein req~~red to be carried on fhe improvements s~tuate on the above dascribed premises. j C-Premiums on such morigage gwranty insurar:~e as morigagee shall f~em r~me to tirne deem fit to carry on the loan secured hereby. j Mortgagee shali frcm time to t~me notify mwtgagor in writ~ng of the amount due and payable hereunder and such sum shalf thereupon be due and ! ;.ayable on the dve dare of fhe ne,et monthiy payment and each successive month thereafter ur.~il mortgagee shall notify mortgagor of a change in such ~••~ouM. Suth sums sFa:t be applied by mortgagae toward the payment of real property taaes, insurance prem:ums, and mortgage guaranty insurance j p-emiums. IN V1ITPJESS tYHEREOf, the sa~d h10RTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ; 5~~ Sealed and de ' ered irqthe preaence of: ' (v ~~a11..~ ~ ~1~Gc~vw~ G~.~G~^'vLV ~ «yv Sea ~ ~ 4 - i _ _ ~ ~ ,1.4_~ o. ~ /n _ n ;~--n ~ tseaq ~ - . (Seal) ~ SiATE OF fIORIDA ~ COUNTY OF St • Lucie ; A ~ Before me personal~y appeared Albert P. Grams ~ ~ Teresa M. Grams his wife, to me well know~a~+d.k~c~vn tg~'~~jo ~b the individuats descr~bed in and who executed the foregoing i~strvment, and acknowledged before me that they executec~ fF~ Larpp.So~,iF~°~ir(~pses s ~ ~ rherein expressed. And the said Tezesa CiZaIIIS v•~~ ~ ~ ..:ie oF the sa~d Albert P. GI2?ms =~:}iqon ~P te aiid{~rass ~ e,am~nation by me taken separate and apart from her said husband, ecknowledged to and before me that the executed said iratru~nt ~eety~nd~vpiui! ~ rarily and w~thout sny compuisio~, constraint, apprehension~~fear of or from her said husband. i_~ ~ p . • ~ Se t ember ~ ~ ~ ~ ~ WITNE55 my hand and offic~al seal this- ~ y day of A:~. 10~..._. ? n . ~ ~ t '~1%4vtv".i,' ~ Notary Publit in and for. the Statb of 'floridi :~1 litg~ ' - My Commission expire~ ~ ~ Return To: - '~RY . . .~e . , ~~;;i;iuF, ~t U+RG~ ~ First federal Sav]ngs d. toan Associat;on '~Y CO::.~'..~r• , tX~•~flES IAN. 1, 1911 LL Of Fort Ptcrce. r. bon00d t+y ~.u~lct~wc~ wnl.til I(1SIiiiDCO CiOa ~ Fort Pierce, flor~da !1 LLD R~.~ acCUAOED 'v This Insirument Prepared By Richard K. Kd es fT. WC1C L'v;;1i~Y fLA. First Federal Savin s 8 Loan Association y ~C~.~ ~~1 T~~S 1 s C~Car. C:::.,~,?T GOURt ~ of Fort Pierce~ Florida ~~~rr'~ y~F ~,ep~~..~/ ' ~ Checked By ~ 11 ~O 24 ~N'73 ~ <y, - .o ~ ~cr 2fi453~ ~ooK ~ ~ ~a. ~ _ : _ _ _ _ ~~k - _ W . . = ~ . _ n _ _ _ _ . .W .