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To ptece and continuously keep on tF.e bul:d~ng•. nuw or hereafter ~i~ua~e un sa~d ~anJ and on aG ~(~Ji~l:n~Tf dRCJ PC~SOndily cove~ed by this mort9' e~e, with AII premiums thrreon pd (I ;n tull, I,re insurenrc ~n tAe ~wal vanda~d pp'~cy form, in a sum app~uvrd by Ihe MUR~v:+IiEE, ~~~d w~nds~o~m ;nsurance in the usual ~iendard po:.cy fo~m, in a sum approand by ~he MORiGAGEE, in such cwnpany or co:npan~es as thr h1pRiGAGEf may d~rect; and a11 fire and wmdstorm insu~an~e pot~ues cn any o( sa+d build~ngs, any inle~rit the~ein or part rh~reof, in the aggr~•yare w~~ alo~esaid or in eacess lhereof, shall co~iain the usval staadard nio~tyagee clause w wch o~he~ c!ause as the Mortgagee may requ~re, mal~ng the ioiti under sa~J po~i- c~rs, rach arwi ~very, payab~e to sa~d 610RiGAGfE as ~ts imrr~~sl may appear, and each and every such ~ncy shal! !ir ~:rompi~y a~s g~~ru a~~d d~:~~er~d ~o any held by ~aid h10RIGAGFE as furiher fecurity to sa~d n~ongage debt, and, no1 less ~hao ~en (10) d~ys in adrance o( ?hr exHlro~~on ot each po~~ty, ~o de- ~~ver fo said MORTGAGEE e renewal ihereof, toge~her with a recelpt for ~he p~emium of such renewa!; and thrro sha11 be no hre o~ w+~~nua~n ins~~ance p!aced on any of sa~d buitdings, any inter~st therc~n w part rher~of, unless in the lorm and with Ihe ~oss payable as aforesaid; and 1n the even~ a~y sum of mpney b~~omss payable undrr such policy or po;~cies sold MORTGAGEE ahall have ~he opLOn to rewive and apyly the same on ac:ov~~t o( thr indrbtcd- nrss sKwed hareby w to permit ~a~d MORTWGOR$ to reteive and use it W any port Nir:coi tor or+~rr aur;~osei. .•..rt:~.n ~h ;r ~~•.p,:~- ing any ~qu~fy, lien or riyht under a by virtue of this mc~tyage; and in Ihe eve~t iaid A10RTGAGORS shatl fo~ any reason iail to kcep ~he aa~d premis ~s so insu~ed, or fail to de~iver prqnptly any of said polities of insurante to said MORTGAGEE, or (a~i p~omptly tp pay ful:y any prrnu,,:n theref~r or in a~~y rrspeU (aii to ptt(orm, dscharge, execute, effect, tomplete, tomply wirh and ab~de by th~s covenan~, or any part htrro(, se~d MURiGAGEE ~nay ptace a~d pay fw su:h insurance or any par~ ~hercof wnhout vraivi~g o~ aFFecting any opt~oo, lien, equ~ty, or righ~ under w by vi~we of ~his hlort9nge, and ~he ~~!I amouM of each and eve~y such pay~nent shal( be immed~ately due and payabte and s~atl brar interest from the dete thereol untd pvld at the ra~e ol mre per ce~tum ptv annum und to~ethar wi~h wch inr~r~st shaii be srcured 6y the 1~en of this mort9age. To permit, comm~l a sufFer no waste, impairment or deter~oration of said property or any parl thereof. 5. To pay all and aingular the costs, charges and expenses, induding a rrasonable anorney's fee and costs o( abstreds ot t~tfe, incuned or pa~d at ~ny time by said MORfGAGEE, btcause w in 1he event of the failure on the part of fhe said MORTGAGOR lo d~ly, prornptly and fuily perform, d~scha~ge. execure, effect, comp:ete, compty w~th and ab:dr 6y each and every the stipula~~ons, agree~nents, conditions, and covenanrs oi sa~d prom~ssory note a~~d this ,~~o~tga~e any or e~rhe~, and sa:d costs, charges and expenses, each and every, shatl be immrdiately due and payab!e; wt~ether or not there be nofrce d~ rt~,nd, atlempt to tot{e~t os sui~ pe,:d~ng; and the iull amount of each and every such payment shalt bear interest from the date thereof until pa~d at the oi n~ne per ceroum per an~~;,:n; and all said costs, charg~s and exarnse3 i~~curred or paid, togefher wah s~ch interest, shalf be secu~ed by the !:en of this morigegc. . 6_ That (a) in the event of any b~each ot this Mortgage or default on tF,e part of the AtORTGAGOR, or (b} in the event any oi u:d sums of money herefn referrcd to be nut prpmptly and fully pa~d .v~tAin ~huty (30) days next af~cr the same severa~ly become due and payable, wiiF~o~t demand or nonce, ~ or ic) in the event each and every the stipu:ations, agreemenrs, co~d~rions and covenants ot sa.d promisaory note and ~h.s mortgaye any or e~~her are not iuly, pranptly and fully perFormed, d.scherged, execu~ed, effected, complercd, comp2~ed with and a6~ded 5y, then in e~ther or any such evem the sa~d ag a~~~~ate sum mentione~ in said promissory note then remaining ur,pa~d, with interest accr~ed, and aU moneys secured hereby, sha;l become due and pay- ac e forrhwith, or thereafter, af rhe opr~on of sa~d MORTGAGEE, as lully and complete~y as if alf of the sa~d sums of money were or~~ina:ly st~putated fo be pa~d on such dcy, anything in sa.d prom~ssory note or in fhis Mongaga to the cont.ary notwithstanding; and the~eupen or therraher at ~he opnon of sa.d N,OBiGAGEE, wnhout nor~ce or demand, suit at law or in equity, the~etore or thereafter begun, may be prosecu~ed as if all moneya sec~red hereby r.. d matured prior fo ~ts instit~tion. ' 7. That in the event that a! the beginn,ng of or at any time pending •ny s~it upon this Mortgage, or to fo~eclose it, or to reform it, or to enforce ~~aymenf of any claims hereuncier, said MORTGAGEE shati eppty to the Court having ~urisd:tr~on rhe,eot for the appo~roment of a Rece~ver, such Covrt shail Ic; rhw~th appo~nt a receiver of said mortgaged property all and singular, includ,ng aii and si«yufar the ir.con,e, prolns, ~ssues ard revenves tror whatever swrce derived. each and every of wi.;ch, ir be~ng expressty unders~ood, is hereby mort9aged as ef speuficatty set forrh and descntKd in th2 granting and ~.~'~endum clauses he+eof, and svch Recei.er shaif have alt the broad and effecNve fvnU~ons and powe~s in anywne entrusted by a Covrt to a Receiver, ar,d s_ch appointme~it shali be made by such Court as an ad~niltrd equity and a matter of a6so~ute right to said h10RTGAGEE, and wichout referente to the adcy~aty w inadeqvac•; of the vatue of thr property mcrtgaged or to the so~vency or msoivertcy o! sa[d IdORTGAGOR o~ the deicndants, and that such r.•-~~s, profits, income, issues and revenues shall be appfied by wch Receiver accordang to the lien or eq~ity o1 said MORiGAGEE and the practice of such Co~rL 8. To duly, prompt;y and fully pe~form, d~scharge, execute, effect, corrwlete, cortiply with and abide b~ each and every the ,ttipu~ations, agreements, :c~.d;tions and covenanis ~n sa~d pramissory no~e and th:s mortgage set forth. ~ 9_ That in the event the owne~ship of thz mortgaged pren,ises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the 't,ORTGAG:E, its successors a.^.d assigns, may, without no+ice to the MORTGl+OR, deat wMh such succeuor or succes~r in interesf wi~h referer.~e to this -'o~+gage and the debt hereby secured in the same manr.cr as w~th Mo~tgagor without in any _way vit~ating oi, d+schargt~g the /dlortgagors' liability here- ~:~der w upon the d~bt hrreby secured. No sate of the Frenuses hereby mortgay>d and ao forbearance on the pa.t of the MORTGAGEE or its wccesson c~ ass~gns and no exrension of the time for rhe payment of the dabt hereby sec~ied given by the MORTGAGEE or its successo~s or assigns, a~~all operate io re!ease, d~scharge, modify change or affect the orig~nal liao~i~ty of the MORTGAGOR here~n, either in v~hole or in part. 10. It is speufica~iy ag.eed fhat t~me is of the esser.ce of th~s convact and that no waiver of any obRgat~on hereunder or of the obligation se- c~red hereby shah at any time thereafter be he:d tio be a waiver of the terms hereof or of fhe instrument sewred herby. i i. In add t:o.~ ro th~ farego nq e-:or~~'n+y payrr.~nts of p:inc pal and imerest requ~red by the prom sscry no!e secured her~•b~, mor+ga~or covenants d agrees to pay to m.or~gagee .v~.h each ~,•cnrh y pa~~,•ent an add~rlonal sum est~rt ated by mor+gagee ~o be eq~al to 1, 12 of tiie annva~ cost of the iollow- A-All real property tax-:s te~nsd or dSSf'SSC`~ ag~i•~st tnc above desaibcd real estate. 8-Pr~~:~::u~^s on fire ar.d w~~~dsto~~~ inr~rarce as i,e~e~n r,~qu;~ed to be car.~.~d cn the ;mproveme~ts s:tuatr on the above d;suibed premises. C-Prerr,~ums o~i wth rt:ort~;ge gvaranry ~rsurar,ce as mo~+gagee shall iro~r t•me to time deem fit to ca~ry on the loan sewred hereby. ~1lortgagee sha:1 frcm t;me to te:,;e nohfy mors,ager ~n writing of the amo~ro d~e and payable he~eundar and such surn shaH thrrevpon be due and ,~,abie on the due da!e oi fhe neat month:~ payment and each successive month thereafter urnit mortgagee shall not~fy mortgayor ot a change in such o-,,nt. Such wmS sFa:i be ap,'~ed 'Dy mortgagee toa:ard the payment of real property tazes, insurance prem.ums, and mortgage guaranty insurance . uniu ! Y,Jl7 55 '1J EREOF, r sa~d MORTGA.GOR has hereunto set his hai~d and seal fhe day and y r irst aforesai Sig Sea an defi ed in the presonce of: ~ - ~ / J (Seai) - _ ~lite P n.~ (Seat) l ~ _ cc...~~ - - - ' i e' L t~? _ _ _ ~ t5eap : - - - , _ E V el,~~ i. . Dr ew {seat) k ~ S;ATE Of FIORIDA I ~ S5. ; ~JU~~TY OF St ~t .1C ~ ' Before me personafly appeared Kenneth j'. L~zew and Evel~*n L. Dretv i - his wiie, to me well known and known to me to be ` rh~ individuals described in and wbo executed the fwegoing instrument, and acknow;edged before me that they executed the same for 1he pvrposas t dZ ~ ,~e-ein exp~essed. And the said ~VQZYn I-. ' j r;;fn of the said Kenneth R~ Dretiv upon a separste and p?iva~e ~ c+ammation by me taken separate and apart from her said husband, acknowledged to and before me that she ezecuted said instrum¢nt ireely and yoluo- - .-~~y and w~thout any com~uision, constraim, apprehens~on, or fear of or fiom her said husband. . , WITNESS my hand and offic~al seat this_ l~~i~'1 day of ~t hPr ~A. D. 1R ~y3,-,_ ~ . ?;ctarys ~O~I`ti ii. Jer:Zl~dTt otary Publi i a f the Stat Florida af~larpe " My Comm~ssion xP~~ : t•larch C~ l~rj ~ Rerurn To: ~ - ~~•?S,/ 7~ first Federol Savings E Loan Asscciat~on Of iurt P.crce. for: Pierce, Ficrida fIIED Ah:~ R'CORDEO This Instrument Pre ared B,T ST.IUCtE COUNTY Fl.~. j P Y ohn o I 1 i r. s RGGE~ POI~RAS - First Federal Savings 8 loan Association CIERx C~ :CUtT COUNT ~ of Fort Pierce, ~lorida P.f!;fRD VEF~Fif.D..~-•~-! ~ Checked By ~t ~3 9 38 A~ ;~s~s2~ ; ~°o~w z~ Pas~ 2949 ~ S ~ . _ - - - - - -