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To ptace and contlnuo~sly keep on the b~~'.d~~~c~s now or herea~ter tfrvete on sa~d land and on all equ~pmen! and penonetly tovered by lhis mortg- ege, with all pren~~ums ther~on pa:d in fulf, hrc ineurance ~n ihe us~a! a~a~dard po'~ty (onn, in s wm app~o+ed ?~y the MORiGAGEE, e~~d wi:~dstorm :ns~ranta in the usual standa~d put.cy form, in a wm app~oved oy the h10RTGAGEE, in suth tanpany or compan~es as the MORiGAGEE may direct; and all~ li~s and winds~orm insurance poliues on any of sa~d b~,ild~ngs, any imerest ~he~ei~ or part ?hcreof, in ths aggregate sum atoreaaid or ~n ex<ess thareof, ahall cun~ain fhe usval sta+:dard mort9agre clause or such othe~ clause as the Mor~gagee may req~~re, mak~ng the ioss unJar sa~d poli- ^ c~es, each and eVery, payabte to aa~d htJRTGAGEE as ~te ~n~errst may appear, a+xl each and eve~y such po!icy sha1~ be promptly a?s gned a~~d de~~vered to any held by sa~d MORiGAGEE as turther sec~rity ~o said mortyage debt, and, not less than ten (10) da~s in ad:ance o( the expirat~on of each pol~cy, ro do- Lver to said MORTG~IGEE a renewal lhereuf, together w~th a rece~pt for the pramium of such renewal; and ~here shail be no f~re or wii~dsTO~m inwrance pfaced on any of sa~d Gui!d:ngs, any inte~est there~n or pait thereef, u~lesa in the fonn and wiih the loss payable as aforesaid; a~d in the eve++l any sum of money becanrs payabte ~nder such policy or poLcies ia~d MORTGAGEE st,ail have ~he op~~on to ~eceive a~d appty the same on accuum oi ihe i~id~bT~d• . ness sec~red he~eby a to permit said MORTGAGORS to recaivr and we il p any port the~eof fc~ otn~•~ purpcsrs, v~~ii~wt th~~~ ~3 cr u~:p>ir- ing any equ~ty, I~en or r~ght under or by virtue of ~his mo~'yage; and in the event sa~d MORTGAGORS shail for any reason fail to keep ~he said prem~s:s so lnwred, or fail lo delive~ p~anptly any of szid policirs o} insuran~e to Sald h10RiGAGEE, o~ fa~! promptly to pay fuily any pre~n~~m therefor o~ in a~~ resped fail to perfo.m, d~scharye, eaecute, effec~, con,plete, co:nply wiiA and ab~de by thia covenant, or any pan hrreof, sa~d MORTuAGEE may p~ace a,~d . pay fo~ such ins~r~ncr or any pert thereof w~thout waiving or affecting any opt~o~, lien, equ~ty, or r~ght ~nder or by virtue of rhis Mortyage, e~d the a• f~ll amouN of each and evay wch payineM sha11 be ~mmed~ate!y due and payable a~id shalt baar interes~ irom tha date thereof until po:d at the rate of . n~ne per centuT per an~um and to~eth:r n~th s~ch inter~st shaii be secured by the Gen of this mortgage. 1. To permit, COmmi1 O~ suffe~ no waste, imFnirment or detrnoratio~i of said property or any part ~hereof. . 5. To pay all and singular the cosls, charges and expenses, including a rzasonable at~aney"s fee and cests of abstracts of titfe, incurred or paid at any time by said M'JRiGAG'.E, because or ~n ihe event of the fallwe on the part of Ihe aaid lJORTGAGOR ~o duly, pro:nptly and fully perform, d~sctearge, _<ecute, eifect, co~nplete, comply w~th and ab.de by each and e~ery the stipulanons, agreemrnts, conditions, and covenants oi said promissory note and th~s ~,ortgage any or e~rher, ard said costs, charges and expenses, each and every, shal~ be immed~ately due and payatle; whether or not thrre be na~ce d~ ' mand, atfempt to co~iecl or suit pend+ng; and the 1u11 amovnt of each and e~ery such payment sha~l bear imeresl from the date thereot until paid al the r;~ pf nine per cantum p~r annum; and .:II said costs, cha~ges and ew~nses incurred or paid, together wJh such interest, shall be secured by ihe I~en of this mor tgage_ ' 6. That (a) in the event of any breath of this Mortgage or defaull on tF~ part of the h50RIGAGOR, or (b) in the event any of sa:d sums of money herein referred to be not µ~wnptly and fuliy paid within ~huty (30) days nexf airer the same severa'!y become due and payable, without demand or notice. or (c) in the event each and every the stipuiatlcns, agreemen~s, condrt~ons and covenams o1 sald promiswry note and fh~s mortgage any or either are not iuly, prwnptly and fuily performed, d,scharged, esecuted, elfected, comp~eted, com~l~ed w~th and abided 5y, then in e~ther or any such evem the sa~d ag- gregate sum mentio~xd in said p~omissary note then rema~ning unpa+d, wirh intere;t accrued, and all moneys ~c~red hereby, shall become due and pay- au.e fo~thwith, or thereafter, at the oprion of sa~d MORTGAGEE, as fuily and comp:etely as ii alt of the said s~ms of money were or~ginai!y st~au+ated to be pa:d on such dey, anything in sa:d prom~ssery note or in this b5o~tgage to the cantrary notwi~hstand~ng; and thereupon a thereafter at ~he opt~on of s.~.d MORTGAGEE, w~thevt nonce or demand, su~t at iaw or in equity, therefore or Ihereatrer begun, may be prosecuted as if all moneys secured hereby n~d mat~red pnor to its in:t~tut~on. 7. That in the event that at the bPyinn;ng of or at any time pending any suit upon this Mo~tgaga, or to foredose it, or to reform it, o? to enforce Fayment of any dafms he~eu~dzr, said MORTGAG=_E shali apply to the Court having ~urisd,ction thereot for the appo~ntment of a Receiver, suth Court shafl ior.hwith appoint a receiver of said mortgaged property at! and s~ngu:a~, incl:id.ng a:l and s~nguiar the irco~ne, prof~ts, issues and reven~es from whatever seu~ce derived, each and every of wh:ch, ~t being express~y ~ndersiood, is hereby martgaged as if spec~ficalty set forth and descr~bed in the granting and habendum Na~ses hereof, a~d s~ch Receir•er shail have al! tha broad and effect~ve fu:xt~ons and po~ers in anyw:se entrusted by a Court to a Recai~er, a~~d s.ch appamment shal! be made by s~ch Court as an ad~r.ittrd eq~it~ ar.d a maner of absolute nght to said MORTGAGEE, and w+Th~~t reference to the adeq~;cy or inadeq~acy ot the vaiue of the proper!y mortgaged or to the soivency. pr~insotvency of sa~d MORTGAGOR or the defendants, and that such ren!s, profits, income, issues and revenues shall be app~ied by such Receiver accordmg Je tFie. {ien w equity of wid MORTGAGEE and the practice of such Court. , 8. To d~~y, prom~,r;y and iuliy pertorm, d~scharge, exec~~e, effeU, comp~cte, comply w~~h and abide by each and every the stipuiations, agreements, .onditions and covenanrs m sa~d promisso~/ note and th;s mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part ihereof, becomes vested in-a person othe? than 1he MORTGAGOR, the :"ORTGAGEE, its svcceswrs and ass.gns, may, without ncnce to the MORTGAOR, deal with wch sutcessor or successor in interest with reference to this n,o~tgage and the debt hcreby securrd in the same manner as ~iTh Mortgagor without in any ~vay vit:ating or d~xharging the Mortgagori tiability her~ ~:~der or uFwn the debt hereby secwed. No s~te of the prem~ses hereby mortgaged and oo forbearance on the part oF the /AORTGAGEE or its successors c- ass~gns and no extens~on of the t~me for ~he payment of rhe debr hereby secu~ed g~ven by the MORiGAGEE or its successors or ass~gns, a~ all operate ro re~ease, d:scharge, modify change or affect the or~g~nal tiab;Eity of the MORTGAGOR herein, either in whole or in part. 10. It is spx~f~ca~ly ag.eed that time is oi the essence of tn;s contract and that no waiver of any obligat~on hereunder or of the ob!igation se- cured hereby shai~ a~ any time rhereafter be he.d to be a r~a]ver of the terms hereof or of the instr~ment secvred herby. I 11. In addnw? ~o the forego ~g ~~~onfh:y ~:aymenfs of princ pal and irnrrest requ~red by the p~orn sso:y no!e secured hereby, mortgagor covenams ~ 3~~d agrees to pay to mo-tgagee ~nith each mon+h'y payn:ent an dcid~rional s~m est:mated by mortgagee to be eq~ai to 1;' 12 of the annual cost of the follow- ~n~: f` A-All real prop~rty taxrs Ir:~e~ or assesscd ~g3i •~st thc abovo described real estate. ` 6 Pr_r,::u~ns on f~re and wir.c75torm er.5~~3~ cc' as i~erem requ~~ed to be cani~d on the improveme~ts s~t~ate on the above desc~~bed premises. I C-Premwrr•s on wch morrgc.ce guarar.ty ins~~ar,te as ~ro•tgagee shai! fror. t'me to time drem fit to carry on the loan secured hereby. ( Mortgagee sh„'1 .'rom t1~ne to t;me ~onty morrgagor t~ wr~t~ng of the amount due and payable hereund~~r and such wm shall thereupon be due and ; ,,yabfe on th~ aoe da!e of the next mo~th:~ p~yment a:~d each svccessive mo~~th tnereafter uctil mortgagee sha~l not~fy mortgagor of a change in such ~ ~~rount. Such sums s6a~i be app~iet~ by morSgsg~.e tov:ard the payment of real p~operty tazes, insurazce prem.~ms, and mortgage guarenty insurance ~ ;~~emiums. i IN ~!lTNESS `.1H:REOf, t said h10RTGAGOR has hereunto set his har.d and seal the~ day and year first aforesaid. ~ Signed, Sealed and detiv ~ in the prese a of: FILEO A!~~~ ~E~~RflfO : 5T. LUCIC ~Q11NTY FLA. . ~a~ ° FC~+r ~~'''R~S Janes L Laster . ~ CLEa~. ~31~~COUN1 (Seaq ~ RFCl~'." ~ik~~iEO (Seal) ` 1•~lt 55 ~~j T?] ' i - - VlM~ ~d V 4~ ' 11 (Seal) ~ _ „TE Of fLORIDA g CJUNTY OF ~t • Luc ie ~ ~ ~~~+~~0 ' Befwe me personally appeared Ja1DeS I.. Laster, TY. and ~ Dorothy Laster - his wife, to me well known and knowrt !o me to be u !he individuafs described in and who exec~ted t}w fore oirtg insirument, and acknow:edged before me that they executed the same for the purposes Doro~hy I.astet therein expreased. And the said--- ~ ; r~lie of the :a~d James L.. Laster ~.JI. , upon a separale and private : e~am~nat~on by me taEen separate and apart frem her sald husband, acknowtedged to and before me that she executed said insirument freely and volurr ~ ra:~:y and wi:he~t any compu~sion: constra~nt, a, prehe~s:on or fear of or from her said husband. - WITNESS my hand and offic~al sral this__ _ a f Jafli]aYV . D. 19~_ . Notary Public in a or the te of Flor' a at large ~ My Commissio~ expires: Retvrn To: ~p~~'~9~ j fint Federal Savirgs 3 Loan Associat:on • E Of ~ort P erec. , Fort V~._.ce, ilvrid~ ' • :7 _ " `~t. ;i • ' _ ~ ~t~~ ~ti~~~'. ~ - = This Instrument Preparsd By Gary F. El lf?ood ~F ~ u' : _ First Federal Savings $ Loan Association - ' ~ ~ = of Fort Pierce ~ Florida '~t~~ ' , , _ -y L Checked By~`_ - _ 5~ . ~ ~~i~';~,~.•^'•.... 't`` ~ . _ ! l J ~ ~ • . . = ~ °~~?_3 ~,~~E ?18 - ~ - ,,G~ -