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To plac~ and continvously Iceep on the bui!dings now a hereaitK s~tu~t~ on aa;d land ~nd on all et~uipment ~nd penonaliy covered by thit mat¢ ~ with all premiums ~hereon pa~d in (ull, firs in~urence in tFa u~uol irandard policy (wm, in • s~m a~proved by ~he MORfGAGEE, and windstwm ~nsu~anc~ in ~M vswl standard po~~cy fam, in ~ sum approved by ~M MORTGAGEE, i~ ~uch comps^Y or compan~es +s tha MORTGAGEE may d~ractj u~d ~II iir~ and w~r+dsrorm ensura~ce po~K~es on +ny of said build~nys. ~ny iMensl ther~ln or part thereo(, in tM aflqreya~e sum aiaeuid w In ~aoess thcreoi, fMll conlsin th~ vsval standard maTgsyee clauis w tuch o1h+~ claus~ as IM Matyagae may requ~r~. making ths loss unda ta~d pol4 cies. each and every. paYaW~ to uid MORiGAGEE as its imerett m~y appear. a~d each and e~Yry tuch policy ~hatl be promptly ais qned and delivered to •ny held by said MORTGAGEE is fu.~her iecu~~ty ~o said mor~9+9e debt, and, not ku 1M~ 1en (101 days i~ advance o( the exp~ration of each polity, to d~- Gver fo said MORTGAGEE • renewal thaeol. ~ogt~he~ with a rece~pt fw the premivm of such ren~wal; and Ihere shall bt eo f~re or windstorm i~suanc~ placsd on ~ny of said b~ildings, any interest therein or parl therw(, vnlesa in tM fam and wi~h ~F+~ tou payable as aiaesaid; a~d in the evenl any sum of nwr»y becomes p~yable under such policy o? policies wid MORTGAGEE shall hav~ ~FN opt~a? to rece~ve and sppty th~ same a+ acca+•'~ of ths indebted r+eu iscured hareby w fo permif aaid MORTGAGORS to reteive and uw i1 ot +nY part thereol for othet purposet, ~vilhouf th_rEU~ waivi~~~ or unPo~~- ' ing any equify, lien a ri9ht vnde~ or by virtue of this morty~pr, and in 1M avent ta~d MORTGAt'iORS sha11 iw any reason fail to keep the sa~d premiszs so insured, or fail b deliver promplly ~ny of said policiei of inivranc~ to said MORTGAGEE, or fail promptly to pay fully any pre~nium therefw a in ~ny respett fail 1o perfam, distharge, execute, eifect, comp~ete, comply with u~d ab~ds by this covenanl, o~ ~nY pa~t hrreof, said MORTG~IGEE m~y pl~ce •nd paY fw suth inwrance w any part thereof wi~hout waivinp w~ffectinp any option, lien, equ~ty. w right undcr or by virtue of this Malga9e, and the full amount of each ~nd every such paymant shall tx immediately dw and payabt~ and shall bear intere~t irom 1Fa date thereof until paid at ths rate ol nine pet centum per annum and together with such interest shall. be secured by the lien of tF?is morlpage• 4. To permit, commit w suffer no waite, impairment a~ deteraralan of said property a any part Ihereof. S. To pay all ~nd aingula? tha costs, cM~qei and expenses, includ~ng a reason~bk sttaneY'~ fee and cost• of abstracts of titls, incurred o~ pa~d at eny time by iald MORTGAGEE, becauss a in the event of the fa~iure on ~he P+r1 of ~he s~id MORTGAGOR to duly, p~anptly snd fully pe~fam, d~uhargs. exrcute, etfec4 complete. con+ply with and ab:de by each and every tho ~tipulations. agreementa. cooditions. +nd oovenann o~ ssid p~aniswry note and thi~ moregage any a either. and sa~d costs, cl~srges and expenses, each and eve~y, thall be immed~alely due a~d pay+ble; whether w not ~here be ~otice dc ma~d, attempt ~o cotlect or wit per+d~~g; and the full anwunt of each u~d erery such payment shall 6ear interes~ from the date thereof umil paid +t the rat~ of nine pet centum per amwm; and all said cvsts, charges and expenses incurred or pald. ~ogether w~th such interest, shall be utured by the lien of thu rreort~ays. 6. Th+~ (a) in the svem of any breach of this Mortgage w deiautt on the pa?t of tha MORTGAGOR, a(b) in the event any of sa:d sums of money - herein referred to bs not pr.xnptly and f~lly paid within thirty (30) days next after Ihe same stverally become due and payable, withoul demand or notice, or (c) in the evem each irxJ evNy the ~tipufations, ag~ermeM~, cond~tions and covenants of sa~d promissory note s~d th~s mortgage any w either are nol - ~uly, promptly and iully pe?fwmed, d~scharged, executed, effected, comPteted, compl~ed with and abided by, tlan in ei~her w any ~uch event the sa;d ag gregate wm mentioned in said promissory note then remaining unpaid, with interest acuued, and all mo~eys setured herebY, shall betome dus and pay- eb~e fathwith, or thereafter, at the opt~on oE wid MORTGAGEE, as fully and comple~ely as if all of the sa~d sums of money were a:ginally stipulated to be pa~d on such day, anyth+ng in sa~d prom~ssory note w in this Mortgage to 1he co~tnry notwilhstanding; and ~hereupon or thereafler st the op~~on of said MORTGAGEE, without notice w demand, s~it at law or ln equity, tFKrefwe w Ihcreafter begun, may be prosecuted as if ~II moneys secured heteby had matured pnw to its imtitution. 7. That in fhe event ~hat at the beginning of or at sny tima pending a~y suit upon this Mortgsge, or to faeclox it, w to retorm it, w to enforce payr?Knt of a~y claims F:e~eunder, said MORTGAGEE shall apply to the Court haring jur~sd~cti«+ thereof fw ~he eppointment of • Receiver, such Court shall forthwith appoint a rccciver of said mortgaged prope?1y all and si~gular, includ~ng all snd singutar the ir.come, profits, issues and revenues from whatever wurce der~ved, each and every of wfiich, it be~np expressly understood, is hereby mort9ag°d as if spetifically set forth and dexribed in the granting and habe~dum clauses hereaf, and such Receive~ shall have all the boad and efiective furxhons and powers in anywise entruated by a Court to a Receivcr, and such appointment shall be made by such Court as an admitted equity a~d a matter of sbso~ute right to said MORiGAGEE, ~nd without reference to the adequacy a inadequacy of the val~e of the property mwtgaged or to the soivency or insoivency of sa3d MORTGAGOR a the defendants, and that such re~~s, p?ofits, incaoe, issucs and ~evenues ahall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the pracl7ce of such Court. 8_ To duty, prompt~y and fully perform, diuharge, execute, effect, complete, comply with and abide by each ~nd every the stipulations, agreements, ~ conditans and covenants in sa~d promissory no?e and th~s mortgsge set forth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, its succes:ws and ass~gns, may, wi~hout no?ice to the MORTGAOR, deal with such succeua or successor in interest with reference to this mo~tgage and the debt hereby secured in the same manner as with Nbrtgagor without in any way vitiating w discharging the Mortgagors' liability herr under a upon 1he debt hereby secured. No sale of the Fremis•s hereby mongaged and no forbeara~ce on the part of the MORiGAGEE d its successors or assigns and no extens~on of the time iw the payment of the debt hereby setured g~ve~ by Ihe MORTGAGEE w its tuccessors or ass+gns, a7'ull operate to release, d~scharge, modify change or affed the orig~nal Iiab~l~ty of the MORiGAGOR herein, either in whole w in part. 10. It is specificatly agreed that time is ot the e:sence of thi: contract and that no waiver of any obligation hereunder or of the oblig~Yan x- cured hereby shail at any lime therea:te~ be hetd to be s waiver of the terms hereof or of the instrument secured herby. 11. In add~tia~ to the forego:ng monthly payments of princ'pat and interest required by the prom+uory ~ote secured hereby, mortgagor tovenants and agrees to pay to moztgagee with each monthly payme~t an add~rional sum esnmated by mortgagee to be equa! ?0 1/12 of the annual cos~ of the foflow- ing. • A-AU real properry taxes, levied or assessed against the above desc~~bed ceal estate. ` B-Premiums on fire and windstcrm insurar.ce as herein requ:red to be carrird on the improvements situate on the above described premises_ ~ C-Premiums on such mortgage guaranty insurar,ce as moctgagee shall from rime to time deem fit to_carry on tF?e ban secured hereby. ~ ' 1Nortgagee shall from time to tirr~r~notify mortgagor in writing of the amount due and payable Mereu~der and such s~m shall thereupon be due and ~ ~ ~ ayable on the due date of the next monthly payment and each successive month thereafter u~tit mortgagee shall ~otify mortgagor of a change in such ~ amo~nt. Such sums sha:l be applicd by mwtgagee toward ihe payment of real property taxes, insurance prem;ums, and mortgage guara~ty insurance ~ ! p~emiums. - 4 IN WITNE55 WHEREOF, tt~e said MORTGAGOR has hereunto se1 his hand and seal the day and- year firat afaesaid_ S~sned, Sea~ed a~d de~cw~ed the presence of: F~~ ~MP RECOROEO ~~S ~~PRISBS, . INCORPORATBD ST.l11ClC ~OU!/TY FLA. ~ aq ~ - ROCf = ?31TiiAS ' CLf~K Ci:~.~Uli COURT gY Guhse, as Presi~t AECCRt ve~ ~?~Ea..~~^~~FzedQr ck . i ' _ _ ~aq s s - - - - -At~ ~ 1G 08 - - _ - - - - 2': ~:~'3 . STATE OF FLORIDA COUNTY OF ST. LUCIE I HEREBY CERTIFY, That on this ~~day of Apr il , A.D. 19 74, before me personally appeared Frederick B. Guhse ~ respectively a?s President ~omt fpio~t~ , of Ba?ckus Bnterprises Incozporated a Rlo=ida? _ Corporation, to me known to be the persons described in and who executed the foregoing instrument, and 9~ acknowledged the exe- hia cution thereof to be t~qR'Kfree act and deed as such officers for the uses and pur~ses therein mentioned; and that he ~ affixed thereto the officiaf seal of said corporation, and the said instrument is the act and deed qf said corporation. ~ WITNESS my hand and officia) seal at Fort,P.ier,~~ , said county and state. This instruasnt pzepared•'b~.'.-~.: (~y • . J. H. Roberts, Jr. ~ - First RedeZal Se?vings:~Rd~ i~tt: v~'•,'.:s Notary Public, in and for S te and County aforesaid. Associ~?tiotf of Ft. PierGr~ ~l$~ida '3~Sd :My Commission Expires: ~ O• 3 O•'s b ~ , , O ~J r.,~ - Checked By ~ r " ` ' - ~ , 225 P~~E2~08 ~ ' r` e~0~ r, '~~~~//tl(i111s~~,`t , , - i ~ ^ dz ; t ~ • ~ ~,~~~,.~a.~-~`3 ~ ~ • ~ _ ' ~ : - r- ~ _ . . y