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To place and continuously keep on the bui'd~ngs now or hereafte~ s~tuate on sa~d land and o~ alt equip~nent and personatly covrred by thi~ mwtg• , egs, with all premiums thercon pa~d in full, fire insurance +n the ~sual standard po!~ty form, in • sum app~oved by Ihe MORiGAGEE, and w~ndstorm ~nw?ance in the ~sua) »andard poficy form, in a sum approved by ~he MORTGAGEE, in iuch cwnpany or compames as ihe MORTGAGEE may dirett; and all fire and w~nds~o~m insurance poGc;rs on any of sa~d bu~id~ngs, ~ny intera~t lherein or pa+t the~eof, in ~he aggregsfe wm aforesaid or in exce~s Ihe~eof, shall co~tain the usual sra~~ard morrgagee c~ause or wch othe~ tlauss as IM Mo~tyagee may requ+ro, ms?ing Ihe Ioss unde- sa~d poli- cies, each and e~ery, payable ro wid MOStTGAGEE as its inscre~t may ap{xar, and each a~d every auch po!icy shall be p~omptly au gned and detivered ~o any held by said MORiGAGEE as further security 1o uid n,orlgage debt, and, not leu than ten (10) days in advance of the expiration of each poticy, ~o d~- liver to taid MORiGAGEE a~enewal thereof, together with a receipt for tM prsmium of such renewai; and the?e thalt be no f~re o~ winds~o~m insurance placed an any of said build~ngs, any interei~ therein w part ~hereof, unless in ~hs lorm and with ~he loss payabfe as afcresaid; ~r.d in the e+ent any sum of money becornes payable undzr auch polity o~ po~~cees se~d MORTGAGEE shall hrve the option to receiva and apply the same on account of the ind~b~ed- ness seturtd hereby o~ to permit said MORTGAGOR$ to ~eteive and use it O~ any part thereo( for oti~er pwposrs, vntho~t ihario/ wa~vni3 or ~n~po~~• ing any equity, I~en w right under w by virtue of ?his mor'gage; and i~ the.event said MORTGAGORS shall (w any reaso~ fail to keep the said premiscs so in~u?ed, a faii ro deliver pranptly any of said policies of insurance to sa~d MORiGAGEE, or fail promptly to pay fully any pre~mum ~herefor or in a~y respect fail to pe~fwm, d~scharge, execu+e, effect, complete, comply wiih and abide by thii covenanl, or any pert hereof, sa~d MGRTGAGEE may place a~~d pay fw such insurance o~ any part thereof w~~hout waiving or affecting any option, Iien, equ~ty, or right u++der or by vir~ue of this Mor~gage, ar,d the full amovnt of each and every such paymeM shatl be immediately due and payable and shall brar interest from the date lhereof un~il pa~d at the rate of ; n~ne per centum per annum and to~ether with such interest shaU be secured by 1he lien o1 this mwtgaga. ~ To permit, tommit or su(fer no waste, impairment w deterioration of said property or any p~rt thereof. 5. To psy atl and singutar the costs, chargei and expensea, ~nduding a reaionable atton+ey i(ee and costs of abatracts of title, incuned w pa~d a~ any time 6y said MORTGAG'.E, because w in the event of Ihe {a~fure on the par~ of Ihe said MORTGAGOR to duiy, prom~tly and futly per(wm, d~scha~ge. execute, effect, complere, compiy w~th aruJ ab:de by each ar+d every the st~putatwns, agreements, cond~t~ons, and covenants of said promissory note and this mortgage sny w ei~her, and sa~d costs, chargrs and eapenses, exh and every, shall be immediately due and payable; whelher w not there be nonce de~ mand, attempt to collect a suit pending; and the full amounl of each aixl every such payment shall bear ir.terest f~om Ihe date therrof unlil paid at ~he r,re of nine pe~ centum pcr am~um; and ail said cosrs, ctwrges and expenses ~ncurred a paid!together w~th such interesl, shall be set~red by the lien o( thii mortqage. b. Tha1 (a) in the event of any breach of this Mortgage or deiaull o~ the part of the MORTGAGOR, w tb) in the eve~t any o1 satd sums of money h?rein referred to be not prompfly and fu11y paid witi~in th~rty (30) days nex~ after the same severally become due and payabfe, without dernand or no?ice, er (c) in the event each and every the stipulations, ag~eements, conditions and covenants of sa:d promiswry note and th~s morlgage any w e~ther are no1 ~uly, prompNy and fufly performed, dacharged, executed, effected, completed, comp~ied wi~h and abided ~iy, then in either w any wch e~ent the said ag- ~regate sum rtKnrioned in said promissory no!e then rema~ning unpa~d, with interest acc~ued, and ail moneys secured hereby, shall become due arsd pay- ab:e fo~thwith, or thereafte?, at the opt~on oi said MORTGAGEE, as fuily and completely as if all of the said sums of money were originally st~putated tc ~e pa~d on such day, anything in sa:d prornissory note or in this Mottgagr to the contrary notwi~hsta:.ding; and tbereupoo w lhereafter af the ep~~on of se~d MORTGAGEE, without nonce cr demand, suit at law a in equity, therefore or thereaite~ begun, may be prosecuted as if all morteya secured heteby n::d matured p~iw to ~~s institution. 7_ Thaf in the eveni rhat at the beginning of or at any time pending any suit upon this Mortgage, or to forec!ose it, o~ to reform it, or to enforce payment of any cla~ms herpunder, aaid tAORTGAGEE shali apply to the Cou~~ having junad~ction thereof for the apywintme~t of s Receiver, such Court shall Fcrthwith appoint a receiver of said mortgaged property all and singula., inclutl~ng atl and singular fhe income, proi~ts, issues and revenues from whatever so~rce derived, each and every of wh~ch, it being expressly unde.stood, is F.ereby mortgaged as if specificaily xt foith and described in the granting and h,bendum clauses hereof, and such Receiver shait have all ~he broad and effec~;ve funct~ons arx! powers in anywise eniruated by a Court to a Receiver, and s~ch appointme~:t shall be made by such Court as an admi~ted equity a~d a maner of absolute r~ght to said MORTGAGEE, a~d without reierente to the adequacy or inadequacy of the value of Ihe property mortgaged or to the so~vency w~nsolvency of aaid MORTGAGOR o~ the defendants, and that such ren+s, profits, income, +ssues and ~evenues shall be applied by such Receiver accord~nq to the lien w equity of uid MORTGAGEE and Ihe practice of sucl? GouA. 8. To duty, promptly and (ul~y perform, discha~ge, execuie, effect, complete, canp~y wilh and ab:de by each and every the stipuiafions, agreements, conditions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership af the mortgaged premises, or a~y part thereof, becomes vested in a person othe? than the MORTGAGOR, the h10RTGAGEE, its suctessors ar.d assigns, may, w~thou? notice to the MORTGAOR, deal with s~ch successor w sutcessor in interest with refe~ence to thia n~.ortgage and the debt hereby sec~red in the same mannet as w~th Mortgagor witho~t in eny way vitieting or d~scharging the Mortgagori liability here- u~der or upon fhe debt hrreby secured. No sale of the premises hereby mortgaged and no forbearance on the part oF the IJIORTGAGEE or its ~vccessors cr assigns and no extens~on of the t~me for the payment of ~he debt hereby secured given by the MORTGAGEE or its succeuws w auigns, a~~all operate r~ release, d=scharge, modify change o~ affect the orig~nal liab~~~ty of the MORTGAGOR herein, either in whole or in part. 10. It is speufi:ally agreed that i~~ne ~s of the essence of this contraU and that no waiver ef any ebligation hereunder a of the obligaYwn se~ cured hereby shali at any time thereatter be he:d to be a waaver of the terms hereot or of the insvumeN secured herby. 11. In add,t:o~ to the foreqo r.9 monTh!y payments ot princ pal and interest required by the p~wnlssory nore secured hereb~, mortgagor covenants a~:d agrees to pay ro ~:o:tgagee with each mcnthiy payr~ient an add:rional wm es~~ma~ed by mo~tyagee to be equal to 1;'12 of the annual cost of the follow- !ng: A-All real property faaes levied or assess~•d ayai~st thc above described real es~ate. B-Premiums on f~re ar.d windstorm iosuracce az hereirt requ;red to be carn~d on the improveme~ts situate on the above descri~ed premises. C-Premiv~-~s on such mortgage guaranty er,sura•:ce as mortgagee shall fre~ r:me to t~me deem fit to carry on the loan secured hereby. ; Mongagee sha~! ircm ti~ne to ti:ne notify mortgagor in w~~f~ng of the amoum due and payable hereundr~ and such sum shall thereupon be due and ( i c ayab~e on the due date of the near monthly payment and each sutcessive month thereafter ur.til mortgagee shali not~fy mortgagor of a change in such I 3^ount. Such sums sFail be app:ied by mortgayee roward the payment of real property faxes, insurance prem~ums, and mortgage guaranty insurance ' :•emiums. ~ IN Y~ITPJESS YlHEREOF, the said MORTGAGOR has here~nto set his hand and seal the day and year firsl aforesaid. # Signed, Sealed and delivered in the presence of: ' ` Seal) ' ~ c;,~:?~eDEO fIL~O Rk'. „ ~ :LL~1C ;_•,~?tKT, FLA. ~ (Seap ~ - ';7~AS ~ s g _ ~~y. . ' :T CCI+Ri ~Seal) ~ - - / ' ~.Lf : r : ~ ~ .r~.~+~ (Seal) ~ _ Pi~G:. , r. . - ~ ~ S?ATE OF FLORIDA ~ ~ j ~ ~ } f~8 I ~ 2 ~ -~49~ ~ ~OUNTY OF St . Lucie _ ~ Lula Beasle ~ Before me personally appeared y ~ to me well known and known to me to be ~ rhe individual descr~bed in and who executed the foregoing instrument, and acknowledged befwe me that She - executed the same for the purposes rh=rein expressed. ~ +~~i~ - ~ ~QSEJ~PfQb~ClGO[ ~~OCO~L7mC]Q)d~Cll~e ~ ?~4/~1~iX`y y y ]~7~f(.][~[ ~~[y~` yXyoyX~X/~i~~[y ~[y ~3GX~iiilf~~X70WiAidC ~Of~~,~~~lf~~'IG~wM~Ir1w 7I~~7~lf~N~V~i~wi1~0! k Y~ITNESS my hand and offiual seal thi , ~ day of A. D. 19 74 _ Notary Public in anc~ for the ate of Flori~t~'at -1sr~ x~= My Commission exp{res: S, ~~s1 _ Return io: ~ ~6 , ~ . First Federal $avings 8 Loan Association - . ' • !`L ' ~ % ~i . O} rart P erce. Fort Pierce. F!orid~ ti~TARY PtlFIIC. S~ATC et FLORIDA a[LM~ ~ ~~Y l i ~ ~ t! f G::~1~,IS~;Oti EXftHES IAY. t. : c J.. ,:s . ~a~n ~ry ' , ~ d ; 3 ~ ; , v ; ~ : . ~ T;-, ; ; Q ~ 't ti~'~ : r'~ This Instrument Prepared By RiChard K. K.a?yes '~i STQ(~ 4' _ ~i First Federal Savings 8 Loan Association ~~~~'r~; _ y~ of Fort Pierce , Floridd - ~A- . ~ Checked By : c~ t~~ . 2~e) PAGE~~~.tJ .y~-;