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To piace and continuously keep on the bui:d~r.~s now or hereai~ar ~~tuete on sa~d ~and and on ali eGuipmaol and persona~~y tove~ed by thit mortg~ sgs, with all ptemiuml thereon pa:d in ful1, f~re insurence ~n the usuat s~a~~ard po~icy form, i~ a:um ap~oved by the MORiGAGEE, and ~Anndstwm insura~te in the usual ~fandard pot,ty form, in a sum approved by the MURTGAGEE, in ~uch tanpany or can{xn~as as tha MORTGAGEE may direct; and all fir~ and w~ndstorm inwra~+cs polic~es on anY of sa~d bu~Id~ngs, any interes~ therein w part thrrcol, i~ ~he agg~rgare •um aforesaid w in •xcess ~hareof, shall c«:?ain the usual ttandard mortgagre dause or such other dausa as the Mortgagee may requ~re, mak~ng ihe loss under sa~d Po~i~ ues, each and every, payable ~o said A10R1GAGEE as ~ts interest may appea~, and each and eve~y such poi~cy shaU ?x prompNY ass 9ned a~d delivarcd ~o any held by sa~d MOR(GAGEE as fu~the~ secur~ty ~o sald mor~gage debt, a~~d, not ~eu ?han ten (10) days in a~vance of ihe expiration of each po~ky, to de~ liver to said MORTGAGEE a re~ewal thereof, toge~her with a rcte~pt for ~he prenuum of such renewal; and there shafl be no f~re o~ w~~:dstoim insuraoce plsced on sny of said build~Rgs, any interes~ therein w part the~eof. ~n~esa in the form and w~th the loss peyabte as a(o~esaid; and in the event any sum oi money beco+nes payable undrr iuch policy or po~~cies said MORiGAGEE shall have ~he opt~on to rece~ve a~xl apply the aame on accovn: o( tha i~~debted neu secured he~eby a?o pe~mit sa~d MORTGAGORS lo receiva and use it or any part thereof for oti~cr purposes, w~~ho~t th_r. b~ .vai~i~~7 0~ ~~~~pau- ing any equity, lien w right undw or by virlve of this mo:•gage; snd in the event sa~d MORTGAGORS shall for any ~eason fail fo keep the.aaid p+emisri so insurcd, o~ fail to deliver p~omptly any oi aaid poGc:es o( insurance lo said MORiGAGEE, or fad promptly to pay fully any premw~n therefor or in a^Y respect fai~ to pe~fwm, d~icharge, execute, effect, complete, comp~y with and abide by this covenanl, or any part hereof, said MORiGAGEE n,ay place a~~d pey ta such insurance or any part therrof w~fhoul waiving w affeding any option, lien, equ~ty, o~ righ~ under w by virtue of ~his Matgage. •~d the tull amounl o( tath and every such paymanl ahall be im~nediately duo and payab:e and shall bear interest fran the date thereof until paid at the rate of nine per centum per annum and to3zthrr w•ith suth interest shaVi be setured by the lien of this mortgage. 1. To permit, mmmit or svffer no waate, impairment a deterioration of said property or any part thereof. 5. To pay all and singular,the costs, cMrgei and expenses, inctud~n9 a reasonable attorney i fee and costs of absuacb of title, i~curred or paid a~ any time by said MORTGAGEE, because w in the evem of the faifwe on the pa~t of ~he sa~d MORTGAGOR ~o duly, promptly and fully perFor~n, d~uharge, execute, effect, complete, ca*+p~Y w~th and eb:de by each and every the stipulations, agreements, conditions, and covenants of sa~d prwnEssory note a~d this mortgage any or e~thcr, and said cosn, charges and expenses, each and every, shall be immediately due and payable; whether w no1 the~e be notice dr mand, attempt to collect or suit pend~ng; and the full amount of each and every such payment shall bes. 1~terest from the date ~hereof uroil paid st the rate of nine pe~ c~ntum per a+i~~um; a~~d all said costs, charges and expenses incurred or paid, together w~th :uch interest, shall be secured by the lien of tha mortgsge. b. lhat (a) in the event of any breach of this Mortgage or default on the part of the MORTG~GOR, or (b) in the eve~t any oi said sums of money herein referred to be no1 promptly and t~lly paid within th~rty (30) days neat after the same severatly become due and payable, without demand or nonce. or (c) in the event each and every fhe afipulatio~s, agreements, con~iiions and covenants of sa~d promiswry note and th~s mortgage any or either a~e not iuly, prompUy and fully performed, d:uharged, executed, eiteUed, ta*~pleted,'complied with and a6;ded Sy, then in either oa any such evenl the taid ag gregate sum mentioned in said promissory ~o?e then remaining un~aid, with interest accrued, and at~ moneys secured hereby, shall become due ar.d p+y- a~ie forthwith, or therea~ter, at ~he option of said MORiGAGEE, as fully and completely as if all of the se~d sums of money were w~g~~e11y st~pulated to be pr~d on such day, a~ything in sa:d prom~siory note w in this Mwtgage to Ihe contra~y notwithsta~ding; and ~hereupon or thereafter at tiu option of sa+d MORTGAGEE, without notice a demand, suit at law or in equity, the~efore or thereafte~ begun, may be prosecuted as if all moneys secured hereby nad matured pr~o? to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mo+tgage, or to fweclase it, o? to reiwm it, or to enforce paymeM oF any ciaims hereunder, said h10RTGAGEE shali appty to the Court having jurisdkt~on thereof for the appomtment of a Receiver, such Court shall~ fo:thwith appoint a receiver of said mortgaged property all and singular, includ~ng a~l and singular the inco~ne, p~olits, issues and reve~ues fror.~ whatever seurce derived, each and every of wh~ch, it be~ng exyress:y unders~ood, is hereby mortgaged as if speuficaily set iorth and desuibed in the granting and habendum cla~srs hereof, and such Receiver shall have aI1 the broad and eifect~ve funct~ons and powers in anyvr~se entrusted by a Cour1 to a Recaiver, a~d s_ch appuintment shall be made by such Court as an ad~nitted rquity and a maiter of absolute right to said MORTGACaEE, ar~d,;without reference to 1he adeqvacy w inadequacy oi the value o( the prope~ty mortga9ed or to the so,vency or ~nsolvency of said MORTGAGOR a the defendants, and that such renrs, profits, incorrx. issues arxl revenues shall be applied by such Receiver according to the lie~ or equity o( wid MORTGAGEE and the p?actice of such CouA. 8. To duly, promptly and fully perfwm, discharge, execute, eSfect, compiete, ccmplY with and abide by each and every the stipulations, s~reements, conditions and covenants in sa~d p~omisswy note and this mortgage set forth. 9. That in the event the ownership of the ma~rtgaged premises, a any part the~eof, becomes vested in a perwn other than the MORTGAGOR, the MORTGAGEE, its su:cessors and assigns, may, without norice !o the MQRTGAOR, deal with such successw w s~ccessor in interest with reference to this mo~tgage and the debt hereby secu~ed in the same manner as with Mortgagor w~thout in sny way vitiating w d~scharging the Mortgagors' liability herr under o~ upon the debt hereby secured. No sale of the Frem~ses hereby mortgaged and ~o forbearance on the part of the MORTGAGEE w its successors or aug~s and no extens~on of the time fa the payment of the debt hereby secured given by the MORIGAGEE or its successws or ass~gns, ahall operate ro release, d~scharge, modify change or affect the or'rg~nal liab~t~ty of the MORTGAGOR here~n, either in whole o? in part• 10. It is spec~fically agreed that time is of the essgnce of th~s contract and thal no waiver oi any obligation hereunder or of the ob~gatan se- cured hereby shatl at any time thereafter be he!d to be a wa~ver of the terms he~eof or of the instrument secured herby. 11. In add:t:o~ to the forego:n~ monthly payments ot princ pal and interest required by tfie p:omiswry nore secured hereb~r, mortgagor covenants ar,d ag~ees to pay to mo:tgagee w~th exh monthiy paynzent an addrionai sum est~mated by mortgagee to be equal to 1;`12 of the annual cost of the iollow- ~n~: - A-AI{, rea) property taxes lev~ed er assess~•d against the above describcd rral estate. B-Pre~.:~ums on fire ar.d w~ndstorm inwrar.ce as here+n requ~red to be carried en the lmproveme~ts situate on the above descr+bed premises. C-Premiums on such morfgage guaranty ir.sura~,ce as mortgagee shail frcm t~me to time deem fit to carry on the loan secured hereby. I Mortgagee shall from time to time notify moctgagor in writing of the amount due and payable heteunder and such sum shall thereupon be due and R ;~yab!e on the d~e oate of the next month!y payment a~d each successive monefi thereafeer urfil mongagee shal~ notify mortgagor of a change in such ~ a~~~eunt. S~ch wms s~a:l be app~ied 'by mortgagee toward the payment of real property taxes, insurence p~em.uns, a~x! mortgage guaranty insurance p~emiums. ~ IN Y~ITNESS YJHEREOF, the said MORTL',AGOR has hereunto set his hand and seal the day and year first afore Sig ed, Sealed d livered in the pre of: ~ ~ t~aq G ad . Owsle «,q / n ~ ~ ' (Seaq - C~nthia D. Owsle rseaq STATE OF FLORIDA 1 St. Lucie r cour~rY oF ~ eefore me perwnally appeared Grady L• ~SleY - and Cy11tt1~a ~Sley his wife, to me well known and known to me to be ~he indiv~duats descr~bed in and who executed the foregoing instrument, and acknowtedged before me that they executed the same tor the purposes therein expressed. Md the said Cynthia ~Sle}~ N~fe of the said Gzady I.• ~sley _ upon a sepa~ate and privste e~amination by me taken separate and apart irom her said hvsband, acknowledged to and before me that she executed sa~d instrument freely and votuo- fa~ity and w~thout any compulsion, constraint, appreheni ,Jw fear of or from her said husband. 74 da of Narch A, D. 19 \YITNE55 my hand and offiual xal this Y ~ ~ . . ~ Notary Public in and for the St of Fbri t lar~e My Commission eapires: ~ wA ?~r Rcturn To: ~ ~ First Federal Savings 8~ Loan Association ~ Of fort P~erce. : `LV~pEO ~ fort P~erce. Florida fILE4 K1Y fLA. " St~~~" ~-`~'~~5 ~ `1 F~~~ .~._1~ CJI~~T J~' : : : r . ~%i P Y r.,.~.: , .z , ~ C~'E;r- - . - . t '~~A! 0 T ~ • ~ This Instrument Pre ared B Johri W. Collills ' ~l ' ' - First Federal Savings & Loan Association Y,! CO ~ ~3 = ~ ft.e ' Rr•; y of Fort Pierce ~ F1oZ~da - s"'~„~ AL ° ~ v r 2~238 ~ QL, ~ ~ n Checked By ' ~ ~ ~ ~ • . • • ~ ~c. %~~~P,'.'~A.p~~ ,sa~+ _ ~a~225 ~~E 269 - ~y~,a„~,:~,,,;,.., _ , - _ _ _ ~ z ~4. ~..r. ~ ~ . ~ . T ~ ~ ~ , - x ~ ~ s-4~4~'~,- _ ~ _ ~.~.,s .:v:. a.~ ~-t `'b ~ s:~