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To p~ace and continuoualy knep on ~hs bui:d~ng~ now or hsreatter iituats oa sa+d land and on sl; equipment and pereo~a!ly covered by th~s mor~y- egs, w~~h d~ premiums thercon pa~d m fu~l, lire insarance in the ~s~sl s~anda~d poticy form, in a sum approYad by the MOR~GaGEE, and w~ndawrm ~nsuranc~ in ths u~ual s~a~~dard po:~cy fwm, in a~um ~pproved by the MORTGAGEE, i~ tuch company or compan~es as tha MORiGAGEE may dir~d: and all (irs and windttorm i~su~ance policies on a~y of sa~d build~r+g~, ~ny interest the~ein or part Ihereof, in ~he agg~eya~e sum afo+esa~d or in e:cess thereof, shall comain the usual standard matgapae clauss a iuch otF~sr clauts at the Ma19a9~r may req~~re, makinp the tosi undr~ sa~d po11. c~es, each snd every, payable to said MORTGAGfE as irs iorere:t may appear, snd each and every tuch po1~<y shall be promptly ais.gned and de~iver~d ~o any h~ld by said MORiGAGEE as further ~ecurity to said mor~9ags debt, and, no1 less than ten (t0) dayi in advance of the expi~atior~ of each poGcy, to de- liv~r 1o said MORTGAC,EE a renewal thereoi, toge~he? with a rKeipt fw the p~emium o( wch renewal; and the~e sball be ra f~re or winds~o~m insurante plated on any of said buildin8s, sny interest therein or part thercof, unles~ in the form and with the lou payabte as aforesaid; and in the event any s~m :no~ey becomes payable ur+der such policy w polici~i said MORTGAGEE shall have tha option to ~ece~ve and app!y the sanx o~ account of the ind~b~ed- , neaa aecured hereby o? to permit sa~d MORTGAGORS ro receive and uss i1 a any part thereof tor oiher purposes, v.~~ho~t thar.w wsS~1~~~ or ~~~~pa~~- ing any equ~ty, lien w right under or by virtue of lhis mor!gage; ~nd in the evant sa~d MORTGAGORS shall foi any rea~on iail to keep ~hs said premiszs so insured, or fail to deliver promptly ~ny of said pol~cies of inaurance to said MORTGAGEE, or fai! promptly to pay fully any prem~u~n therefw or in a~y respect iail fo psrlorm, d~scharge, execu~e, eifect, complete, comply with and abide by this covenaro, a any part hereof, said MORTGAGEE may pisce a:~d pay for such insurance or any part thereof w~~lwut waiving or affecting any option, lien, equity, or right unde~ or by vi.tue of this Ma~gage, a~d the full smount oi esch and every such payment shall be inw»ediately due and payable and aha~l bear interest (rom the date thrreoi vn~il pa~d a~ the ~ate of nine per centum per annum and to~elher with such interest sha~l be secured by the li~r? bi this mortgage- 1. To permil, commit w sufia ~o was~e, impairment or deterioration of said p?operty w any parl thereof. 5. To pay all end singuta the costi, charges s~d expenses, i~ctud~n~ a reasonable attwney's fee and costs of abstiatts of fitle, incurred or paid at eny t+me by uid MORIGAGFEr because ot in ~Ae event of the failure on 1he part of the said MORTGAGOR 1o duly, prompNy and fully perform, d~scharge. >aecute, effect, complete, comply w~th and ab~de by each and every the stipulatlons, agreements, condi~ions, snd covenants o1 said promisw~y note and thi~ mw~gage any w ei~FKr, and sa~d costa, cMrges and expe~ses, eacA and every, sMall be immediately due and payable; whether w not there be not~ce d~ mand, attempt to tolled w suit pend~ng; and the full amount of each and every such paymem ihall bca. interest from the date tF.e.eof u~til paid st the ra~e of nine pe? cent~m per anuum; and all said costs, chargea and expenses iocurred or paid, together w~th such inlerest, slwll be secured by the lien of this ~ mortgaga. , ~ 6. That (a) in the evenl of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of said sums of money ~ herei~ referred to be ~ot prompHy and fully paid within W~rty (3~) days nexf after ~he same severatly become due and payable, withovt demand or na~ice, or (cj in ~he evem each and eveay the stipulations, agreements, tonditions and covenants of sa.d p~omiuory note and th~s mortgage any w ei~hcr are no1 ~ iuly, promptly and f~ily performed, dixharged, executed, eifected, tompleted, complied w~th and ab~ded `~y, then ~n e;tF~et or any such event the said ag gregate sum mentioned in said p~omissory note then remaining unpaid, with inte~esf accrued, and a!I moneys secured hereby, shall become due and pay- able fathwith, or tFxreafter, at the option of said MORTGAGEE, as fully and completely as if al~ of the iaid sums of money were aiginally s?~pulated to be paid on auch day, a~ything in sa:d prom~sswy note or in this Mortgage to the contrary norwithstandirg; and thereupon w thereafter at the op+ion of ~ sa:d MORTGAGff, withovt notice or demand, suit at law w in equity, therefwe p thcreaiter begun, may be prosecuted as if all moneys secured hereby had maNred pt~or to its institution. 7. That in the event that at the txginning of w at any time pending any suit upon this Mortgage, or to foretlose it, o? to refo.m it, or to rnforce payment of any claims herevrtder, said MORIGAGEE shall apply to the Court having jurisd~ction thereof for tF+e appointment of a Receiver, such Coun shall Forthwith appoi~t a receiver•of said morigaged property all and singuiar, intludeng alt and singular Ihe income, profits, issues and revenues irom whatever source de~ived, eath ~nd every of which, it be~~g expressty understood, is he+eby mo.~gaged as if spec~fica{ly set forth and deuribed in the granting a~d ~ ~abendum clauses hereof, and such Receive~ shall have ail the broad and effective funct~ond and powers in anyNise eMrusted by a Coun to a Receiver, and ` :~ch appointment ahall be made by such Court as an ad:nitted equity and a matter of absotute rigAt to said MORIGAGFE, and without refereixe to the adequacy or inadequacy of the value of the property mwtgaged or to the sotvertcy or insolventy o( said MORTGAGOR or the defendants, and that such re~is, profin, incwne, iuues and revenues shall be applied by such Reteiver accord~ng to fhe lien or equity of said MORiGAGEE and the practice oF such Court. 8. To duly, prorteptly and fully pei?eam, d;scharge, exccute, effect, complete, comply with and abide by each a~d every the stiputations, agreements, condiYqns and covena~ts in sa~d promissory note and this mortgage set fwth. 9. That in the event fhe ownenhip of the mortgaged premises, or any part thereof, becomes vested in a person o~her than fhe MORTGAGOiL the M.ORTGAGEE, its succeuors and sssigns, may, withovt ~otice to rhe MORTGAOR, deal with s~ch successa w successor in interest wifh re(ere~ce /o this n:ort9age and the debl hereby secured in the same manner as with Mo+tgagor w~thouf in any way vi~iating w dscharging the Mortgagors' liability here- ~r.der p upon the debt hereby secu~ed. No sale of tF~e premises hereby mortgaged and no forbearance ort the past of the MORTGAGEE w its sutcessors or assFgns and no e~etension of the teme ia the payment of the debt hereby secured given by the AItORTGAGEE or its successus or au~gns, shall opera~e t~ release, d~xharge, modify cFange or affed the orig~nal liabilify of the MORTvAGOR herein, either in whote or in part. 10. It is specificatly agreed that tirne is o( the essence of this contract and that no waiver of any obligation hereunder o? of the obligation se- ,ured hereby shal! at any time ~hereafter be he!d to be a waiver of the terms fiereof or of the i~strument secured herby. ~ ll. In add~tion to the iore9o:rx~ monthiy paymeNS of princ"paf and interest requ~red by the promissory no!e sec~red hereby, mortgagor tovenants ~ and agrees to pay to mo:tgagee w~th each monrhiy pay~nent an add~~ional sum estlmated by mwtgagee to be equat to 1~'12 of the annual cost of the follow- ing: ~ A-A!) real property faxes lev;ed or auessed agai~~st thc above described real estate. B-Prem~ums on fire and windstorm irsurance as herein requ~red to be carried on the improvements sit~ate on the above described premises. ~ C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby_ Mortgagee sha+l from time to time notify mo~rgagor in writing of the amount due and payable hereundx and such sum sha?I thereupon be due and ;.ayable on the due date of the naxt monthly payment and each successive monrh thereafter ur.til mwtgagee shalt not~fy mortgagor of a change in such a^;ount. $uch sums sF.ail ~ aFp!ied by mwtgagee toward the payment of rea: propeny taxes, insurance p?em:ums, and mortgage guaranty insura~[e premiums. li~ WITNESS WHEREOf, the said MORiGAGOR has hereunto set his hand and seaf the day and yea~t aforesaid. J Signed, Sealed and delive~ed in the presence of: ~ . t r~ ~ ~ ' ~ [ aQ 3 witness • ~ R r i P rr N h t~aq ; ~ F ` ~s~wn i _witness : t~ ~s~ap i ' ' [ STATE OF FtORIDA ~ COUNTY OF ~ ~ ~ q : Before me prsonally appeared Roy Artie Perry NOICth~ a Si~~le adult a~ ° his wife, to me wetl known and k~own to me to be ~ 4 the inclividual~ described in and wAa executed the foregoing instrument, and acknowledged befwe me that `he~ ezecuted the ume for the purposes therein exp?essed. ~~d~ n S s~ea~be~3d aPms3~sms~e~e ; ~~isili~i~fCmstelsssa~p~~tsad~paCisae~t~~qtoilA~lrrstRlldaA a~Olwl~ssl~~moaa~ld~af~i~tmaoscfs~~aetad~m- ~i4c~sainms~cmmP~s~~ara~am~ap~anao~t~- # i~oatr~ad: ~ WITNESS my hand and official seal thi dsy of t ./),~Dt 19~ , ~:j ~ • . ; Notary Public io and fw the State ~~~[ibri~ s! lat~~j ~ My Comm~uion expires: `~,i ~~i ' Retum Tu: ~ py ~=i c,-,.T~ .~;i C~t 7~ ~FG-aF : ; Fint Federsl Savings d. Loan Associat[on KMy r0~•:.-.""'.^•+ F`!•="~.~ fk? ,~~j~~5 = Cf Fort P~erce. '~IERAL tl~~~il,AilC~ ~ Zi~ J~' ~ - Fort Pier~e, F7ori~a `7 J ' ' ~ , ; Fe~ .a ~f : ~ - , ~ C ~ ' FtLEO AND RECORDE~ i:.~ ; Thi s In strument Pre re d B G a t F. E l l v r o o d gT.IUCtE COUt1TY Fl • R e Y Y A O C E R P d I 1 R A 5 g ~ First Federal Savings 8~ Loan Association ~~fRK C?RCUlT COURT ~ ° of Fort Pierce ~ Floridd RECORDVERIFIFD.~+/ Checked By ~ ~ 20 .7 ~2 A~1 ~ i~ ~ ~~Q~~s 0 AQ~xz~z ~E ~ie _ . . . _ - - - - _ - - _ s r„~~ - , _ , ~ ~ _ _ . x~-. ,