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To plxe and conti~iuously keep on the Lui:dings r~ow w hrrealte~ ~;tuate on said land and on all eq~ipment and penonally cove~ed by Ihis mor~g- age, w:th alt premiums thereo~ pa,d in full, Lre ~niurance in the ~sual saandard policy (orm, in e sum app+o.ad by the MORiGAGEE, a~~d windstwm insurance in ~he usual standard pol.cy (o~m, in a sum appro.ed by the MORTGAGEf, in such compa~y o~ com~~an;e~ as ~he MORTGAGEF inay ditetl; and aU (ire and windstorm insu~artce pol~c:es on any of said bu~id~ngs, any interest tharein or part thereof, in ~he agqregate s~m ~fo~esaid or in excess thereof, shail con~ain ~he usua~ seandard mor~gogee clausu or such o~her clause as ths Mortgaycs may requ~re, mekin9 tFm ioss urtder s..~d poli- ~ tief, each and every, paya4te to said AtJRTGAGFE as ~IS inre~est rnay appear, snd esch and every such poGCy ~hall bt promptly as~ g~~ed and d~t„ra~ed to •ny held by said MORTGAGEE as (unher security to sa~d mor~gaga debt, and, ~ot less Iha~ ten (10) days in adva~~te o} the expuat~oo 01 each poGCy, to de- liver fo said h10RTGAGEE a renewal thereof, ~oge~her with a receipt (or the pr~m~~m of such renewal; and ~hr~e •hall be no hre or w~ndato~m infurance pleced on +ny of said buildings, any interest thcrcin or par~ thercuf, ~r.leaa in the (o~m and wiih the loss payek~le as atoresaid; and in the e~eN any ~vm of money beco~~es peyabie u~~de~ such po6cy or pol~uos sa~d MOkTGAGEE ahail have ehe opt~on ~o rrce~ve and apply the same on ac:uunt oI the i~~dCb~cd• ness secured her~by ar to pe~mi? said MORIGAGORS ?o reteive and use if w any part therroi ior o:i,•:r Hu~~ csrs, .•..ih~,ut th:•• ui :vs~.~ cr ~~~.p.:~~• ing any equ~ty, Gen or nyht u~drr or by virtue of ?hia mortyagc; and in the evrnt sa~d b1Q2iGA!'JRS shatl for any reason fa~) to kcep the sa~d prem~acs so insured, a fail to deliver promptty any of said poLeies ot insurance to satd MORIGAGEE, or fa~; n~omprly to f~ay futly any pre~nwm therefor or ~n an~ rasped lail to perform, d~scha~ge, execu~e, effeu, canp~e~e, cornply with and ab~de by Ihis covenant, a any p.~n hareof, sa~d MGRTGAGEE may piac•~ a~~d pay fo~ tuch insurence o~ any part thereof w~thoW waiv~ng w aifeding any op~ion, lien, equity, or right u~:de~ w by virtue of rhis Alortgaye, snd the fuN amount of each and every svch payment shall be immed~ately due and payable and shall bear interest from the date thereoi uruil pa~d at the rate ot nine pe~ centum per annum and togrthcr ~n•nh suth interost shall tr~ secured by the lien of thit mortgage. To permi~, commit or su(fer no waste, impairment or dete~ioration of said property w any parf thereof. S. To pay sll and singular the costs, charges and expenses, ~ncluding s reasonable attor~ey's fee and cosrs of abstracts of tille, encurred o~ pa~d a~ any time by sa~d MORJGAG~E, because or in the event oi ~he failure on ~he part of the said MORTGAGOR 1o duly, promptly and fully perform, d~xharge execute, e}fed, complete, comply w~th and ab:de by eath and every ~he stipulat~ons, agreements; conditio~s, and covenants of said promissory note ar.d this riwtgage any or e~ther, and sa~d costs, charges and expenses, cach and eve~y, shalt ba immedialely due and payable; whather or not ~here be notice da mand, at?anpt to collect or suit pendi~g; and tha full amo~nt of each and eve~y such payment shatl bear intcrest from the date tAe~eo1 unril paid at the rate oi nine pe~ centum per annu:n; and all said coats, iharg~s and expenses ~nturred or paid, togerher w~th such interest, shall be secured by the lien of th~s morlgage- 6. That (a) in the event oF any breach of lhis Mortgage or default on the part of the MORTGAGOR, or (b) in Ihe event any of sa:d sums of money he~ein referred to be ~ot pro+nptty and fuily paid wirhi~ thuty (30) days neat after i6e same severatly become due and payable, without demand or nmice, or (c) in the evem each ar.d eve~y the ~tipulanons, agreements, cond~rions and covenants of sa,d promisw~y ~ote and ~h~a mo~tgage any w ei~her are no1 ~uly, p~omptly and iully periormed, d,scharged, eaecu~ed, effected, canp{eted, compl~ed w~th and ab~ded 5y, the~ in e~ther w any such event the aa~d ag gr¢gate s~m mentioned in said pro~nissory ~ote the~ remairting unpaid, with inierezt acc+ued, and all moneys secured hereby, shall become dus and pay- able forthwith, o~ thereafter, at the opt;on of sa~d MORTGAGEE, as fvlly and complete?y as if all of tl~e said suma of rrwney were or~ginally at~pu:ated to be pa~d on suth day, anything in sa:d pro~nissory note or in ~his Mortgage to the contrary notwirhstanding; and thereupon ar thereafte? at tfie oanon of said MORTGAGEE, without no~~ce or demand, suit at law or i~ equity, ?herefore w tAereaiter begun, may be prostcuted as if all moneys setured hereby had matured pnor to ~ts i~stiWUOn. 7_ That in the even! that at the beginn:ng ot or at any time pending any su~t upon this Mortgage, w to foreclose it, or to re(o~m it, or to enforce payment of any da+ms hzreur.der, sa~d MORTGAG'cE shall apply ro the Cou~t having ~unsd~ction thereof tor the apao~Nment of a Receiver, such Co~rt shall Forthwith appoint a rece+ver oi said mo~tgagrd property all and singvtar, includmg alt and singuiar the income, prof~ts, issues and revenues from whatever wurce derived, each and every of wh;ch, it befng expressly understood, is he.eby mortgaged as if speofically.sFt forth and described in the granting and habend~m clauses hereof, and such Receiver sha11 have •11 the broad and effeaive tunct,ons and powers in anywise en~~usted 'by a Court to a Receiver, and ' such appointmen~ shall be made by such Co~rt as an admirted eq~ity and a matrer of ahsotute right to sa~d MORiGAGEf, artd without re(erente to the adequaty or inadequacy of the value of the property mortgaged or fo the so.vency or mioh•cncy o1 said MORTGAGOR or the defendams, and ~hat s~ch rents, profits, income, issues and revenues shail be appGed by such Rece~ver accord~ng io the lien w eq~ity ot uid MORTGAGEE and the prachce of such Court. 8. To duty. p.ompt!y and fully perform, discharge, execute, eifect, compiete, comply with and abide by each and every the Stipufations, agr¢ements, conditions and covenanu ~n sa~d promissory note and th~s mor~gage set forth. 9. ihat in the event the ownersh~p of the ~nor!gaged prem~ses, or any part thereof, becomes vested in a peryon olher ihan the MORTGAGOR, the MORTGAGEE, irs sutcesscrs and asvgns, may, withovt norice !o the MORiGAJR, deal w~th s~ch successor or sutcessor in interest with reterence to this mo~tgage ar.d the d~bt hereby secured in the same manner as w~th Nlortgagor without in any way vitiating or d~s_harging the Alortgagors' liability here- under or upon the debt he~eby sm,red. No sale of the premises he.eby mortgaged and no fornearance on the parr of ehe /hORTGAGEE w ifs successors or assig~a a~d no extens~on of the t,me for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, a~iall operate to release, d~scharge, modify change or affect the orig;nal I,a4~t~ty of the MORTGAGOR herein, either in whole or in parL 10. It is spec~f~catly ag~eed that time is oF the easence of this contract and that ~o waiver of any obligat~on hereunder or of the obtgation se- cwed bereby shaii at any Gme thereatter be hefd to be a warver nf the terma hereoi or of the ins•rumeM secured he~by. 11. M~dd t:on :o ttic forego ng mcNhl~ paym~nts of prinCpal and interest requ~red by the prom sscry no!e setured hereby, mortgagar covenants and agrees to pay to mo:~gagee v~ith each monrh y payr;enl an add,rlonal sum est~n,a!ed by mortgagee to oe equai to i i2 oi ~ne ann~at cost uf dk: fut~o.v- ing: ' A-A!i real pro~erty taxts le~~ed or assessed agai•~st thc above described real esrate. B- Pr~miu~ns on fire ar.d windstorm ins~ra~:ce as hercin requ,red to be carried on the im~;roveme~ts s:tuate on the above d_scribed premises_ C-Prem;ue,s on wch mori jage guaranty ir.surar.ce as mortgagee shall frcm r rie to t~me deem fit to carry ai the foan secured Fereby. J.lortgagee sha(I from t~:ne to time not~iY morrgagor in wrir:ng of the amou~r d~e and payable hrreundzr such sum shall ther upon be due and payable on tha due da!e of the ne,ct month!~ payment and eacfi wccessive month thereafter ~ctii morfgagee s 1 no y mortgago a change in such amounT. Such wms sha:i be app`:ie! by morrgag~e toward the payment of real property taxes, Ensura~~ce pre ~ums and mortg guaranty i ance premiumi. IN Y~ITpJESS WHER~OF, the sa~d MORTGAGOR has hereunto set his har,d and seal the day aod year i st fore ~ • Signed, Sealed and de~ivered in the presence of: " . ~u~ vL~ ~ a!) - ~ e.-L x ~ , D~) ~ ~ (Seaq ~ ~ s ` (Seal) STATE OF fIORIDA G" ~ COUNTY OF S't C le 1 Before me personafiy appeared Richard Sneed, Jr . and h:artha JUC' Sneed his wife, to me well known and known to me to be Ihe individuais described in and who executed the fot oing instrument and acknowledged befote me that ihey executed the same for the purposes ?Fwre+rt expressed. And the said A;artha ~11E.' Sneed wife of the sa~d - _~1-Chdrd Sneed ~ -~r . upon a separate and private exam~nat;on by me taken separate and apart from her said husband, acknowledged to and before me that she exetuted said instrument freefy and volun- rarity and without any ~ompulsion, constraint, apprehens;on, qr~fear of ot from he~ said husband. W17NFS5 my hand and offic;al seal this ~~~h~~ day of Tovembe~ a p 19 ']3 G ~ ~ .'~s~-w Q Nmary Public in and f6r the,State of Fforida as ~tge ~ ~QI? . . . , I ~~-1,1~i 5j~~ ~ My Commission expires: ` ~i-~,, Rerurn To: aOG~R ~t' T Rr~ i ~t-s! 9) 7 S fj . First Federal Savin s a loan Associat~on G";~'Vy ' ° E atf . ot co r P:"~~_ pf.C4R Q VE ~ _.i:c,~r.~u 4~i~~~;k.~ Fert P~erce. Flo.~da ~ ~ . '1~A. T-~~19~~ - - - r- ~ ~ ~ p.:. ~e ~'~;ie ' ` ' il~oy t6 _ , ; -n : T. . _ ,2~ ~ - ~ This Instrument Prepared By Rich~rci KayeS ~~'~?A t,~ ~'G•'{''' First Federat Savings 8 toan Association t~ J'~~~""'~~~^`~ ' of Fort Pierce, Fl o r i cia ;S Checked By ~ ~ 840i(~ fj~~~ i