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To plxe and continuously keep on the bui!d~ng~ now o~ he~ea(ter ~~ruatt on sa'rd la~ and on all equipmem u~d personally covered by this mat~ +p~, wiiA ~II pamiums thereon pa~d in Iu11, fire insurance in ~he usuel i~anda-d policy fam, in a fum approved by the MOR+GAGEE, n^.d winds~wm ~~sur~nc~ in tM uswl ttandard pol~cy iwm, in • sum approved by tM MORTGAGEE, in such company or companies aa the MO~tiGAGEE ~+ay d~.ect; ~nd all f~re and windsto~m iniurance pol~cce: on sny of ia~d build~ng:, ~ny intere+~ thereio or part thereo(, in Ihe a99regs~e wm afo~e~atd a in ~xtcu thereof, sMll con~ain th~ usual ~tsndard mafgage~ clause or iuch o~her clauts ~a tM Mortyayee may requ~r~, ma4inp ~hs io~s unde~ sa~d poli~ cies, each and every, payabfe to said MORTGAGEE as ~rs interest may appear, and each and every •~ch policy tha~l be promptly ass y~~cd and delivercd to •ny held by ta~d MORiGAGEE as (urlher iecvrity to uid mwtgaqe debt, and, not I~u than ~en (10) dsys ln ad~ance of the expi~at~on o~ eul+ polky, to da ~~wr to s~id MORTGAGEE a renewal thereoi, ~ogethN with a rece~pl (w the premium of avch r~newal; •nd the~a shall bs no f~re or windi~arm in~v~ance p~ased on tny of ~aid buildings, any enterest therei~ w pan therwf, unleu in tl?~ form and with Ih~ lou payable +i aforssaid: and in the evenf a~y •um of mo~ey besomtt payable under such polity a pol~cies said MOR?GAGEE sFwll have the opt~on to receive and apply ~he seme on account oF ~he i~xlebtrd- neu secured hereby or to permit said IAORTGAGORS ro rece+ve and use it a any part ttxreol for othcr pur}~osrs, .•.~~ho~t ih_~~u~ w.:~~~•i~ or ~.,+poh• in9 a~y eqv~ry, liav~ o~ r~ght unde~ or by virtue of thia mo::gage; u+d in ~he evcnt sa~d MORiGAGORS shall for any reason lail to keep the said premis=t so iniured, pr (ai1 1o deliver prpnptly any oi said policies of insurance to said MORTGAGEE, or (ail promptly to pay fully any pre~mu~r therefw or in a~y ~especl fsu ro paform, discharge, execufe, effect, complete, comply with ~nd ~bide by this tovenanf, a any part htreof, sa~d MURTGAGEE may pl~ce and pay for such iruu~ance oer any pirt thereui w~thout weiv~ng or affecting any op~ion, lien, equity, or right under a by virtue oF ~hit Mwtgage, and the fu11 amount of each and every such payment ~haf! be immcd;~tsly dus and peysbls and ihall besr interest from the dare ~hereof u~~il paid a~ ihe rate ol ninp pRr CMlum pQr annum and together with such inter~st eha{I be secured by the lien of this matysge. 1. To permif, commit w suffer no wsste, impairment or deterioration oi said property w ~ny paA thereof. ~ S. To psy all and singv~ar the cwts, charges and expenses, ~ncludin9 a reawnable attaney i fee and costs of sbstracts of tirtQ, incuraed w paid s~ any time by uid MORTGAGEE, because a in the event of the failure o~ the pa?t of the said MORTCaAGOR to duly, promptly and fully pe~(orm, d~uharge. execute, etfcct, complete, comply with and ab:de by each and every the stipu~at:ons, agreements, conditio~s, and covenants o( :aed p~omissory note and ~his ~ mwtgaye any w either, and sa~d costs, chuges and expenses, each and every, shal! be immediately dus and payable; whethe~ a not there be no~~ce da mand, attempt to colkct or suit pe~d~ng; and the full art,ount of each and e•+ery such payment shall bear i~terest from tix date tixreof until paid at the rate oF n~ne per ceotum per anuum; and atl said costs, chargea and expenses incurred w paid, ~ogether with such i~rerest, shal! be securea oy ~hr lien of thi~ mort9age. b. Th~t {a) in tAe ~venf of any bre~ch of this Mortgage or defa~lt on the part of the MORTGAGOR, or (b) in the evenl any oi sa~d sums of money Aerein referred ~o be not promptty and fully paid withi~ thirty (30) days nex~ after the same severalty become due and payable, without demand a norite, or (c) i~ the event each and eve.y the stiputa?ions, agreements, condiTions and covenants ot sa~d promiuory note and th~s mortgage any or either are not iuly, promptly a~d fully performed, d:xharged, executed, eifected, tompleted, complied with and abided yy, then in e~ther w any such event tF?e said ag gregate sum mentioned in said p~omissory note the~ remaining unpaid, with inte~est acaued, and all monays setured hereby, shall become dwe and pay- ab?e fat6with, or thereafter, at the option of said MORTGAGEE, as fully a~d completely as if all of the aaid wms of money vrere wiginelly stiputated ~o be paid on such day, anything in said promissory rate or in this Mortgage to the con?rary notwithstanding; and thereupon or thereafter at the op?ion of sa;d MORTGAGEE, without notite or demarsd, suit a1 law w in equity, therefo~e or thereafter begun, may be prosecuted as if all moneys secured i~ereby had matuted pnw to its institution. 7. That in the event that at the beginning of w st any time pending any suit upon tnis Mortgage, w to foreclose it, or to reform it, or to enfo?ce payme~t of sny claims hereu~der, said MORTGAGff shaf! apply to the Cour~ having jurisd~ctio~ thereof fw the appo~ntment of e Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, intlud~ng all and singular the income, profits, issues and revenves from whatever source derived, each and every of which, it be~ng expressly undersrood, is Aereby mortgaged as if spec~tically set forfh and described in the gronting and habendum clauses hereoi, and such Receiver shafi have all t{~e broad a~ effective funct.ons and powers in anywise entrusted by a Couit to a Receiver, and s~ch appointment shatl be made by such Court as an admitted equity and a rt+atter of absolute right to said MORTGAGEE, and without refererrce to the edequacy or inadequacy of the value of fhe property mortgaged or to thr solvency or i~sowency of said MORIGAGOR p the defendants, and that such ren~s, profiri, income, issues and revenues shatl be applied by such Receiver according to the liert or equity of iaid MORTGAGEE a~d the practice of such Courf. 8_ To duly, promptly and fully prrlorm, d~scharge, execute, effect, co~r.plete, comply with and abide by each a~ every the stipulatio~s, agrermeots, ~ conditions a~d covenants ~n sa~d promisswy note and this mortgage set fwth. i ~ 9. Tha1 in the event the ownership of the mortgaged premises, w any part ihereof, becomes vested in a person other than tlx MORTGAGOR, the j k.CRTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, dea! with such successo~ or successor in :^*~«s? M•;tti reference to this mo~tgege and the debt hereby secured in the same man~e~ as with Nbrtgagw without in any way vitieting w d~xha~gi~g the Mor~gagors' liability F?ere- ~nder or upon Ihe debt hereby secured. No sale of the p~emixs hereby mortgaged and no forbearance on the part af the MORTGAGEE a iri suctessas or assigns and no exrtns~on of the time for the payment of the debt here'sy secured given by the MORTGAGEE or its successws o? auigns, ahall operats ro release, discfiarge, modify change u affect the original liab~iity of the MORiGAGOR Fxrein, either in whole w in pa~t. 10. It is specifically agreed that time is of the essence of Ihis contract and that no waiver of any obligation hereunder or of the obligation te- cured horeby shalf at any time ~hereattes be held to be a waiver af the terms hereof or of the inst~ument secured herby. 11. In add~tio~ to 1he forego'ng monthly payments of princ'pal and inrerest required by the promissory nore secu~ed hereby, mortgagor cOvenants >nd agrees to pay to mortgagee w~~h each monthly payrnent an additional sum estimated by mortgagee to be equal to 1 j 12 of the an~uat cost of the foflow- ing: A-All real p~operty taxes levied a assessed against thc above dexribed real estate. B-Premiums on (ire and windstorm insvrar.ce as here~n requ;red to be carried on the improvements sitvale on the above described p~emises. C-Premiums on such mutgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on tF~e loan secured hereby. 1Nortgagee shall from time to time not~fy mortgagor in writ~~g of the amount due and payable he~eunder and such wm sha!! thereupon.be due and ; 3yable on the due date of the next mo~thly payment and each successive month thereafter urtil rtwrtgagee shall notify mortgagor of a change in such ~ a^.ount. $uch sums shail be app!ied by mortgagee toward the payment of reat property taxes, insurance prem;ums, a~~d mortaage guaranty insurante ~~emiums. IN WITNE55 WNEREOf, the sa~d MOP.TGAGOR has hereunto set his hand ar~d seal the day and year first aforesaid. Signed, Sealed and delivered in the preunce of: ~ r?'~¦!i rY~- ~~y (U'a~ , . ~Cju°wY T LOrA'T ~ t h~ (Seaq l~.iC~1891t1~,f1£8~ 2Cc-~-G-.+ ,-~-c~ :~.,•.~c- ~s~a~~ " ~ ` Alexandria ?hanes ~~a~~ ! ;TATE OF FLORIDA couNn oF St. Lucie ! ~ 2s84'7'~ ` i 8efore me personally appeared Beraie Thanes ` end " ; Alexandria T~18II@S his wife, to me well known and known to me to bc i rhe individuaTs described in and who exetuted the foregaing instrument, arK! acknowledged before me thst they executed the same for the p~rposes 's rherein expresxd. Md the ssid Ale~r~ndrix T}1aaeS ~ 1~,ames ^ w+fe of the ~aid - BeYnl@ upon a separate and priwte E examinarion by me taken separate a~d apart from her said Fw~band, ackrawtedyed to and before me ihat she executed wid instrument freely and vol~rt- ! ra~i{y and without any computsion, tonstraint, apprehension, or fear of fmm hei ' husbartd. ` WITNESS my lund and offic~a) seal this 13th sy of NOV@l~@r A. D. 19-Z~ . , - ~ J C~Jt.. ~ Notary Public in an for the State of Fbrida tl large i My Commission expires: Return To: ~ First Fedenl Savings b loan Associat;on • ~t ~ Of Fort P~ercz. . , . ~ . 13? ~ f t` . , ; ' Fort Pierce. Florida '~)i!/ij ' ' ~ ~ ~ ~ , f~ , i : ~ ~ • ~i, i \ J 'i 3'i This Instrument Prepared By Gary F. Bll~od ~~:'.Y(~Y~ f~ - First Federal Savings 8 Coan Association ' : o,~y,~ _ : F of Fort Pierce ~ Florida _ _ ~ ~ ; : ~ ~us~.i~•:~ , ~ Checked ey ~ ~ ~ ~ ~ a,. w,; n••.•: ; ~~r~ ;:'sb ? ~J~•:4~• '~i.~11 ; ~ t.rifi 80uK ~2Q PACf ~~~8 ~ • •