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To place and contir.uovsly keep on the bu~'d~~9s .~ow or he~eafter altuate on said ~and and on a? equipmrM and personally co~er~d by this mortg- ege, with all premiums thercon ~,e:d in tull, Lrc ~r.s.:~ence m ~he usual ~~a~~derd ~w!icy (orm, in a aum approved by the MORtGAGEE, a~~J wuiditorm ;nsuraoce in ~he uwel sfar,dard pot:cy lo~m, in a sum approved by the h1URTGAGEE, in such tompany or con,pan~es as the MORTGAGEE msy u~ract; and aii iirz er,d w:~~~s~~~~n ~~~s.,ra~~cz p~~:cte: on a:~ ci ss=d ~:::'d-^gs. ar.y e^~e:est lhc~e;~ er ~a•~ :hr~eol; in ~he aog+vga~e wm afaesald or in excess Ihercoi, thall contain the usuat sta~~dard mor~gagae ciause a such other dause as the Matgagee may requue, ~~aM~ng Ihr loas unde~ sa.d po~r cie~, each and every, payab!e fo said AIJRIGAGEE as ~ts mterest rnay appear, and each and every such pol~cy shatl be prompily ass gnrd e~~d det+Ya~.:d ro any held by said MOR(GAGEE ss fu~iher sc.urity ro said mortgage dabt, and, nOt less than len (101 days in ad+ante of t1w exp~rat~on o1 each policy, lo dt Gver ro said MORTGAGEE a renewal thereof, ~oge~her with a rece~pt ior the p~am~um oi •uch rene~~~: and ~hrro shall be ~w i~re ur w~~~ds~o~~n inw~ance • placed on a~y of said buildinys, any intrrest there~n w part thareof, unleas in tl~e form and with the ~oss payab~e as afo~esaid; end in tiu evenl any.sum of money becomes payable under such polity or poGcic+s se~d MORIGAGEE ahall hava the op~~on to reca~ve and apy!y the ia:ne on accou~~t of ~he ind~bt~d- ne3s secured hereby w to permit s~id MORTGAGOR$ to reCeiv~ ai5d use it or any Narl thercof 1or oihet purF~~ses, v.,~i~~~u1 th".•,r i~~~" irtg aoy equ;ry, Gen or r~ght u~dcr or by virtue of this mo:`gage; and in the evenl sa~d MORTGAGORS shall for any reason fai~ to keep rhe sa~d prem~r:s so insu~ed, or fail lo deGver promptly any of se~d polities of inswance to said 1dORTGAGEE, or foJ promptly !o pay fuily any pre~nwm thercfo~ or in any ieiFect fail to perEo~m, d~scharge, eaecute, etfect, cunplere, comply wi~h and abide by this covenant, or any pa~t hareof, se~d MuRTGAGfE may p:ac:: a~a ~ pay fa •uch insurence or any part thereof wi~hout waiving w affec~ing any option, tien, equ~ty, or right under or by viriue of this hlo~tyege, and the full amount of eath and every such payment shall be immediately due and payable and shall bcar interest from the date th.:rrof until p.,id at the r.,te ol n~ne per crnturn per ann~~n and to~eth~•r v~•~th such inre:~st sha~l be secured by Ihe lien oi Ihis mOrtgage. 1. To permit, mmm~t o? su(fer no waste, impairment or deterioration of said prope~ty or any parl thcreof. 5. To pay stl and singular fhe costs, charges and expenses, induding a reasonable attorney's (ee and costs of abstrads o( ti~~e, incurred o~ pa~d a~ any ~ime by sa~d MORTGAGEE, becavse or in the event of the failure on the part of the said AI~ORTGAGOR to duly, promp!ly and f~Ny perform, d~scne~ 7e -wc<~Tr. r~:c~i, L~.i. c:re. a~.u' o.`.~.~•e.u' c.:~~ 3.~ Q~Ci" t~t i:i_..~'•:__' ~i~ic"?ti;t:i. CLS:.~:!:R^.f D:'s;~ L4vand•2!5 Of S~:d ~+rpmiccn~y nt~te dnd t~iif .lYiy : y - ~ y ~ mortgage any or eiiher, and sa d costs, charges and expenses, each and every, shall be immediatety due and payab!e; whe~her or nor there tK ner~ce da mand, aftempt to tollect o~ suit pend~~g; and the full amount of each a~d every suth payment shall bear iroerest from Ihe date thereof until paid at tl:e ~~fe o~ n~ne per crntum prr ann~:n: unc: alt sald costs, charges and expznses ~ncurred w paid, together w~th such inter~s4 shal) be sec~red by the Gv~ of th~ti mwtgage. b_ That (a) in the event of any breach oi this Mortgage or default on thr part of the MORTGAGOR, or ;63 ~he event a~y o( sa:d sums ot money herein rcferred to be not p+omptly and Fuliy paid within th~rty (30) days next after the same severa~Iy become dve and payabte, withouf demand o~ nonce, or (cj in thr evem each and evary the stipu~ations, agreements, cond~rions and covenants of s~~d prom~ssory note a~~d th~s mor~gage any or erth~r a~e not ~uly, promptly ar+d fuily perfo~med, d+xharg~d, execured, eifeaed, completed, complied w~fh a~d ab~ded Sy, then in edher w any such event Ihe sa.d ag- gregate sum mentioned in said promisswy note then rcmaining unpaid, w~th interest accrued, and a11 mo~eys secured hereby, st~all become due and pa~r• . able.forthwith, or thereafter, at the apt~on oi sa~d MORTGAGEE, as fully and comple~e~y as if all of the said wms of money were or~ginatly st;p~~ated to be pa~d on such day, anything in sa:d promissory note or in this Mwtgage to ~he co~t.a~y notw~thstand~ng;:and thereupon or thereafte~ at the op~~on e( sald MORTGAGEE, w~thout notlce or demand, suit at law w in equity, the~e(ore or thereafter begun, may be prosecuted as if ail moneys secured F+ereby n~d mat~rEd pf~Or to iti inslitutiOn. 7. Thar in the event that at the beginn~ng of or at any time pending any suit upon this Mortgage, or to foreclox it, or to reform it, o? to enforce paymeM of any daems hereunder, safd MORTGAGFE shall apply to the Cou~~ hav~~~g junsd~ctlo~ thereof for the appo~ntment of a Receiver, wch Co~rt shall Forthwith appo~nt a receiver o( said mortgaged property all and singular, indud~ng all a~,d singular the income, prol~ts, iuues and revenaes lrpm whatever seu*ce derived, each and every of wh:ch, it being expressty unders~ood, is F~ereby morfgaged as if specifically set forth and described in the g~aniing ar.d h~bend~m clauses Aereof, and such Receiver shatl have all the broad and effect~ve (unct~ons and po.rers in anyw~se entrustrd by a Court to a Recei+~er, and s~ch appoiniment shall be made by such Court as an ad:nined equity and a rratter of absoi~te r~ght to sa~d h10RiGAGEE, and wifhou~reference to the adequacy a inadequacy o( the value of the proprrty mortgaged or to rhe so~vency or ~nsotvency ol sa~d MORiGAGOR or the defendants, and that iuch re^TS, profin, income, issues and revenues sha? be applied by such Rcteiver accord~ng to the lien w eq~ity o( said MORIGAGEE and the practice of such CouA. 8. To duty, promptly and fully perForm, discharge, execute, effect, comptete, con~ply witn and abide by each and every the stipuiations, agreements, conditeons and covenanfs in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes ~ested in a person other than the MORTGAGOR, the t..ORTGAGEE, its successors and ass~gns, may, withour norice to the MORTGaOR, dea! with such s~ccessw o. svccessor in interest vrith reference to this ~,~o~tgage and the debt hereby secured in the same manner as with 111o~tgagor w+thout in any way vit;atirg or dixharging the Mortgagori liabil;ty herr ~nder or upon the debt hereby secured. No sale of tl,e Fremises hereby mortga~ed ard no iorbearance on the part of the /AORTGAGEE or its succeswrs or assigns and no exrens:on of the t~me for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, ahall operate to release, d~scharge, mod~fy change w afiect the orig~nal liau:i~ty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~fically agreed that time is oi the essence of this contract and that no waiver of any obl~gation hereunder or oi the obtigatio~ se- _ cured hereby shall at any time ~hereafter be he:d to be a wa~ver of the terms hereof or of the instrument secured herby. 1l. In add~tio~ to the fotego ng moroh!y paym=nts of princ pal and ~nterest req~ired ty the promissory note sec~rrd hereb~, mortgagor covenaNs ~ and agrees to pay to nso-tgagee v.~~h each monthiy pay~nent an add~nonal sum estimared by mortgagee to be eq~ai to 1; 12 of ~he annual cost of the fo+iow- I ` ,ng: - !I A-All real prop=r:y taxes lev~ed or assessz~o agai•~st the above desc~ibcd real estate. ! B-P.erru~ms on f~rq ar.d wir.dsrcrrn insu.acce as here~n r~u~red to be carried on the improvements s~t~ate on the above described premises. j C-Prem~ums o~ wCh m.ortgage g~aranty fr.sura~:ce as mortgayee shall from t~me to ti~ne deem f~t to carry on the loan secured he:eby_ ~ Mo:rgagee sha'! f~cm i~me ~o f:me noi~fy mcrt~agor ir, wr[nng of the amou~t due a~d payabfe hereunder and s ch sv:n shafl thereupon be due and ~~yabte on ~he due ca!e of ~he next mon~n:y p,~ynlr~t and each success~ve month theceah~r ur,ril mortgagee shall o t y mor g or of a change in such ~ ~-,ount. $uch sums sFa~~ be ap~ ~~ed by mortgag~:e toward ti~e payment of real property taaes, insurance prem.ums nd tgage guaranty insurance ~ p~emiums. ~ N ITNESS ~.NERE rhe sa~d M RTGAGOR has hereunto set h;s hand and aeal the day and year first a , Se an livered in th presente of: ~ _ X aq SS , 1. F. n ~~a~~ ~ - - - ~ ' (Seat) ~ _ Witness _ _ tar ~1 n ~~aq ~ ~ SiATE OF FLORIDA ! SS. ~ cOUNTY Of St. Lucie - i - ~ Before me persorwlly-sape~red 1• F. Flynn and _ :1~Iy F. Flynn his wife, to me well knewn and known to me to be ~ the individuals described in and who exec~ted the foregoing instrurtxnt, and acknowledged before me that they executed the same for the pvrposea rnerein expressed. An~ the said ~~ary F~ Flvnn ~ N~fe of the said ~I~ F. F1Ynn upon s separate and pr~vate e•am~nat~on by me taken separate ar.d apart from her said husba~d, atknoM•tedged to and re that she executed said instrument freely and votun- ~ r._•nly a~d without any compulsion, cor,straint, apprehens~on -or fear of or from hsr said hu , r,~~~tc„ , = WITNESS rr,y hand and official seal this_ ~ day of~ f'~f1. 0. 19~ ~ i,~ , _ ~ ~ = tary Pu ~c in a ot thA , id.a et Larg My Comm~ sion expi eQ Q~ , Sl~te, ai ~ i~ (x Return To: = Q! ` ~ mmiscion Expins ~ae 19, i476 First federa) Savings d~ Loa~ Associa!~on ` ~ ; ,~.g " Of fort P.erce. ,i ~r ~`""~f F~~ tG+~f Co - . i t? ~ . . ~ i = Fort Pierce. florida y ~ " , ' ;~r,, ` ~ ' ~ P ~EO a!+o RECgRDEO ' ~ This Instrument Prepared B John W. Collins S~.LUCtE GOUN Y Y R'v'v~.~ F~~!1a?S ~ First Federal Savings 8~ loan Association - p~ERK G;:~~UiT COURT of Fort Pierce ~ Florida RFr,OP.D YE~'~~~ED } Checked By 9 ~Z NN ~~J = e p 2E;gs8'7 ; S - _ ~ aaGx 22~ r~~E 31 _ - - .r _ - -