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To place and contlnuousiy keep on ~he bu~!d~ngs now a hereafrer ~~twte on sa~d I~nd and on all equipment and pe~wnaliy coverod by thi~ mong- sgs, wilh all premivins thc~cw~ Na~d in fu!I, fire insurance ~n ~he uiual ~tandard po'icy form, in a sum app~ovad by the MOR(GAGEE, a~~J windsto~m ~nsur~nce in the usual s~anda.d pot,ty torm, in a sum app~oYed by th~ MORTGAGEE, in wch comp;~~y or companles as the MORiGAGEE ~nsy direct; and all fire and wlndstorm insurante po~~ues on any of taid build~ngs, any inte~est therein or pa~t thereof, ie the aggre9a~e sum ~foresa~d a In eztess thcrcof, shall contain the usual ~tandaid ma~gagee ciaute w tuth otlxr tlause as Ihe Morlgagee mey rcqu~re, maAinq the loas undt~ sa~d po~i- c7es, each and every, payabls ~o ~a~d MORiGAGEE as ~ts in~errsl may appear, a~d each and every such pol~cy f~ail be p~omptiY a~s gned snd del~vered ~o ~ any held by sa~d MORTGAGEE as Iwths~ sewrity to said mortgage debl, and, not les~ tMn ten p0) days in advance of the exp~ration of each poGty, ~o de- :iv~a to said MORTGAGEE a ~eruwal thereof, toge~her with a rece~pt fa the pre~nium o1 such renewal; and ~here thalf be no lire o~ winds~orm i~surance plsced on any of said bu~ldinys, any in~erest there~n w part thereof, unless in the (orm and w~~h ~ha lou payable as afaeseid; and in ths event any s~m of mpnQy txcomes payable under such policy w pol~cies uid MORTGAGEE shall have ~he option to rece~ve and apply the ume on account of the indebted- ness sscured hereby w to permit said MORTGAGORS ro receive and use it w any par~ ther~eai lor o:hc~ pwposes, .vnhout ih_nu~ waw~~~g cr ~~~~p.+~r- ing any equ~ty, liee? w r~ght under or by virtue of this mor!gage; ~~d in the even~ ~a~d MORTCaAGORS shall Ia any reason fail ~o keep ~he said premisai so insurcd, w fail to deliver p~omplly any of said pofKies o) insurance to iaid MORTGAGEE, w fail promptly to pay fuily any pre~r+ium ~herefor w i~ a~y re~nen fail ~o nM(o+m_ discharae. e:ecute. effett. comolete, comuiv with and abid~ br this tovenanl, a ~~y per~ Aareoi, ssid MORiGAGEE may p~ace a~d , pay (or such inw~ance o+ any part thereot w~t?wu1 waiving w a(feUinq any option. li~n. puity, or r~ghf under w by v~rtue o~ tn~s Mo~tge9e, a~~~i ~i~ f~li amount of each a~d evsry such payr?eent shall be ;mmediarely dve u+d p+yabl~ and shall bear interesl from 1he date ~hc~eo( un~i~ pa~d at the rate ot nine psr centum per annum and tog~Iher with such interest shali tx securcd by the lien of this mortgage. 1. To permit, tommit w suffer no waste, impairment or dete~ioration of said p~operty o~ +~y parl thereof• 5. To pay al~ and singula~ the costs, tharges and expenses, lnclud~ng a reasonable attwney's fee and costi of abstrads af t~tle, incurred w pa~d at any time by said MORTGAGEE, because w in the event of Ihe iailure on 1he parf of the s5id MORTGAGOR to duly, promptly and fully pe~fwm, dixharge. exrcute, eifecf, comptete, comply w~th and ab:de by each and every the stipulations, agreements, conditions, and covena~rs o( sa~d promis~ory note and ihii mortge~e ~ny or either, a~d sa~d costs, charge~ and eapenxs, esch and every, sMll be immediately due and payabte; whe~her a not there be nor~ce dr mand, attempt ~o collcct w suit pend+ng; and ~he futl amovnt of each and every such payment ihall bear interes~ from ~he date thereof unti~ psid at the r,~re oi n~ne per centum pe~ annurn; and a11 said wsfs, charges and exFxnses ~ncwred or paid, ~o9e~her w~th wch imerest, shall be iecured by the lien ot th~~ mottg~e. ~ - 6. That (a) in the event of any breach of this Matgage w defaull on the part of the MORTGAGQR, or (b) in the event any of said sums of money _ herein refe~red to be not promptiy and fully paid wifhin th~rty (30) days next afrer the same uveratly become due and payable, withouf demand o~ no~ice. or (c) in the event each and eve~y the stiputations, agreements, conditio~a and covenants of sa;d promissory note and th~s mortgage any or either are not iuly, pranptly and fu~ly performed, d.acharged, e:etuted, effected, compieted, compl~ed wi~h and ab~ded Sy, then i~ ei~her w any such event ~ha u~d ag gregate sum mentioned in said promissory note thr~ remaining unpaid, with interest accrued, and atl moneys secured hereby, shall become due and pay- ab~e fwthwith, or ther=after, a1 the option of said MORTGAGEE, as fully and comp:etely as if all of the uid sums o; money were w~g~na~ty snpvtated ro be pa~d on such day, anything in sa:d prom~sswy note a in this Nlatgage to Ihe contrary notwithstanding; and thereupon o~ thereafter at 1he optton ot sa~d MORTGAGEE, without nonce or demand, suit at law w in eqoity, therefore w thereaf~e~ begun, may be prosecWed as if all moneys secured hereby nad matured pnor to us institution. 7. That in the event ~hat at the beginning of or at any t~me pending any suit upon this Mortgage, a to faeclose it, or to reform it, or to enforce payment of eny daims he+eunder, said MORTGAGEE shafl apply to the Court having jurisd~ction thereof for the appo~ntment of a Receive~, such Court shall iorthwith appoint a receiver of said mwtgaged property all and singuiar, includ~ng a~l and singular the income, pruf~ts, issues and reven~es from whate~er scurce derived, each a~d every of wh~ch, it being expressty unde~srood, is hereby mortgaged as if speufically set forth and described in the granting and habendum clsuses hereof, a~d such Receirer shall have all the broad a~d effective funct.ons and poweis in anywise entrusted by a Cou~t to a Receiver, a+*d s~ch appoiMment shall be made by such Court as an admitted equity and a maner of absolute right to saed~ MORTGAGEE, and without reference to the adeqvaty o? inadequacy of the valve of the property mortgrged or to ihe so:ve~cy o~ insolventy of said MORTGAGOR a the defendants, and ~hat such renrs, profits, income, issues and revenues shalf be appGed by such Receirer accord~ng to t!x lien or equity of said MORTGAGEE ane! the praUice of sucfi Court. 8. To d~ly, promptly and fully pe.form, d~scharge, execvte, eifecf, complete, compty with end abide by each and every the stipulations, ag~eements, conditi~ns and covenants in sa~d promisswy note and th~s mortgage set fath. 9. That in the e~ent the ownersh~p of the mortgaged p~e~+~ses, w any part thereof, becomes vested in a person other than the MORTGAGOR, tha 4',ORTGAGEE, its succeuors and ass~gns, may, without ronce to the MORTGAOR, deal with such successw or successor in iMerest with referonce to this r..o:rgage and the debt hcreby secvred in the same man~cr as wnh Plbrtgagor without in any way vitiating w diuharging the Mortgagon' liability herr under or upon the debt hereby setured. No sale of the premises hereby mortgaged and no fwbearance o~ the part of the MORTGAGEE or its successors cr assigns and r.o earens~on oF the t~me for the payment of the debt hereby secured given by the MURiGAGtE or sts successws w auigns, siiaii operate ro release, d~scharge, mcdify cha~ge or aifect the original liab~l~ty of t!x MORTvAGOR herein, either in whole or in part. 10_ It is speciF~catly agreed tha+ time is of the essence of this contrac~ and that no waiver of any obt~gat~oe~ hereunder or of the oblgation se- cured hereby shaii at any time thereatter be he!d to be a waiver of the terms he~eof or of the ins~rumenl secured herby. 11. In add:t~an to the forego ~u~ monshly pa~ments oi p+inc pal a~d inrerest required by the prom~ssory note secured hereby, mortgagor covenaros end agrees ro pay to morfga~ee v~ith each monrh~y pay~neM an ad~~rional sum est~mared by mortgagee to be equal to 1 j 12 of the amual cost of the follow- , ~g: A-All real property taaes le•.i~d or assessed agai•ut the a6ove descri5ed real estate. 'i B--Premiums on i~re a~d winds~or~n insurar.ce as herein requ:red to be carried on the improveme~ts situate on the above desc•ibed premises. ' C-Premiums on :uch ~r:ortgage guararety ir.surar:ce as mortgagee shall frem t~me to time ~eem fit to carry on the loan setured hereby_ ~ Mortga3ee si,a~i from f~me to t~me no~ify mortgagor ~n wrinng of the amo~nt due and payabfe hereuoder snd svch sum shall thereupon be dve and ~ ;,vable on the due date of rhe ~ext monthly payment and each successive month thereafter ur,ti! mortgagee shall not~fy mortgagor of a change in such s 3~~,ount. Such sums s?~a;l be app!ied 'oy mortgagee toward the payment of reaf preperty taxes, insurance prem:ums, and mortgage guaranty insurance € o•emiums. It~! Y~ITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal tha day and ye r fir a resaid ~ Signed, Sea~ed and delivered in the eserxe of: ~ # aq ~ _ Y_ See~ ~ _ (Sea!) ~S - ~ - . ~Seaq ~ 5 i i,TE OF FLORIOA ~ St. Luc: ~ } ~ ~ourarY oF - ir.~orc: Sl~ne Befwe mt personatly appeared °^d ~ _ Sn~'- ~~1V T. S1UI~'' his wifc, to me well known and known to me to be the individuals described in and who executed the foregang instrume~t, and acknowledged befwe me that they executed the same fu the purposes i !herein exp~essed. An~ 1he said Shelhy ~ZOTlE3 ~ ,r.~fe of the sa~d :Jir.fo: ~ JIOTIC' upon a separate and private ~ examination by me taken separate and apart from her said husband, scknowledged to and before me that she execuled said instrument freely and volun- ~ : .i.~..: i. ~ ra~ily and without any compulsion, constreiM, apprehension, a r of or from her wid h~~band. _ y d~y of ,\OVC'I?2t)E r \ 1•~ '~A:~~ 1~~ r WIiNfSS m hand and official seal lhis_ , = ~ijt- ~i, - . • ~ _ % Notary u ic in and for t}se, Sta O~ ~j~a ry~ Q'._ ~ My Commission expires./ _ ; ~ ~ ~ { ~ Return Ta • , ~ -C ' ~ ` ~ ~ ; ~ first Federal Savings 3 loan Association ; r' _ ~ J ' ~S Of fort P.erce. ~sv•,.~ " Q T~ Fort P~e~ce, Fiorida ' ~ ~ ' . ~ . ~L~ - _o'' w.~nu~~ 1 , J'N ~ ~ , i:: This Instrument Pre ared B ~ ~z P Y ~ c} a ~ I:. a S•,_~ s ~ First Federal Savings & Loa~ Association FIlEO AND RECCRDED of Fort Pierce ST. ~UCfE COUNtY fLA. 1 o r i~:a ROGER PO~TRAs CLERK C~RGUtT COURt ~ Checked By ~ REC4R0 YER~FIEO~~.~.+ ~ r. ~ ~ NoM 17 9 oi ~'13 ~ B~GK ~~1 fiatE ~4 , ~ 26920'7 ~r ~ _ _ - - - , ~