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Ta ptace ~nd contin~ously keep on ~hs bui;dings now a hereafqr ~iluat~ o~ uid lend and on ati cquipment ~nd p~rtonally tovered by Ihii matp~ •p~. with ~fl premivms thereon pa~d io full, fire inswsnce in IM uswl s~andard policy fam, ie a wm ~pprov~d by IM MOR?GAGEE. and w~ndstam ~ insuranc~ in tFw u~wl sundard policy fwm, in • ium appror~d by ~ht MORTGAGEE. in . wch comp+ny or comp+n~a as ~h~ MORTGAGEE may . d'uectj u+d ~11 firt ~nd w~ndswrm ina~~~~c~ policie~ on ~ny of a~id b~ild~npa, any in~~rp~ th~rein or W~t tM~w/, in tht agyrtyate wm ~fa~wid or . ; in ~zcess therwi, sAall contain ths usual i~~ndard mo+tga9e~ ciavs~ w tuch o1Fw~ ciavt~ IM A1o+tps~t~ m~y requ~re. mekinp 1h~ loa u~de~ ~a~d poli~ r i cies, esch and ev~ry, paYabl~ to aaid MORTGAGEE in imeresf m~y appea~. u+d each and ~vay tuch poticy ihall b~ promp~ly au.9~ed ~nd delive~ed to ~ny he~d by ~~id MORTGAGEE as fur?her security to uid matysye debt, and, no1 less than ten (10) deys i~ adva~?ce of ths e:piration of each policy, to d~ IivN to said MORTGAGEE a renewal thereo(, toqe~h~? with • rec~~p1 fw ~he pr~m~vm of such r~newat; and tF,ere ih~ll be no f~re or wind~~am inaura~c~ ti pl~ted on ~ny of siid buildings. ~ny interett therein a part tMreof. unles~ in tM fwm ~nd with ti» lou paYabk as afaesaidt a~d in the event any sum . of morNy becana payable u~dsr iuch policy a polKie~ s+id MORTGAGEE shall haw the option ~o reuive and epply the same a+ accovn~ of the indebted~ neu setured haeby or 1o permit said MORTGAGORS ro ~eceive and us~ it o? any part therMf for other purposd, withoul ~h:v~o/ waiving or ~mpa~r- in~ any aquity, lie~ a?ight unde~ w by virtus of this mortgaye: ~nd in tM went said MORTGAGORS ihall for ~ny reaso~ fail ro keap the uid premises so „ insured, w fail ro deliver promPllY a~Y ol taid polities of insvrmce to said MORTGAGEE, w faif promptiy to p~y fvlly any p~emium there(or w it+ a^y respect fail ro pertorm, d~scharge, execute, eifect, complete, comply wi~h ~nd abids by thii cow~~a~t. or ~nY P+i~ he~~o;• i+'d MORTGAGEE may p~+ce end ~ pay fw iuch inswanc~ w any part thtroof without waiving w ~ffactiny a~y op1~a4 li~n, equity. w right under o~ by virtw of this Ma~g+gt. +nd ~~+e full amount of each +nd s.ery such payment shal~ bs immediately dw and pay+We ~nd ihall bear int~resf (rom ths date thereof wuil pa~d +t the rate of . nine per centum per an~um and togethe~ wilh suth interest shall be secured by the lien of thii matga~e. 4. To permil, tommit or sufter no waste, imp+i~meM ot derorioration oi iaid property or any p+r1 thereof. S. To pay all a~d iinpulu the costs, charpes and eapenses, including a reasonsble attarny i fee snd cosh oF absux~• of title, incvrred w ps~d st any time by wid MORTGAGfE, because a in the event of ths fail~re on ~he part of ~M ~~id MORTGAGOR to duty, promptlY +nd fully periwm, dixhargs, :xecute. effec~, complete. comply with arx! ab~de by each snd every the stipulations. agreemeMS. condi~ions. +nd covt~ants of sa~d promiuory note u+d thit mortgaps any w eithcr. and said coats, charges a~d expenses, each and every. shall b~ immediately due ~nd p+yable: whether a not there be rwt:ce ds mand, sttempl fo coltect a suit pend~~g; and the fu11 amovnt of each snd eYery s~ch paYmem sh+~~ be+~ interest from 1he date thereof until paid at the rare of nioe per centum per annurn; and all s~id costs, chsrpes and expenses inturred or pa~d. ~e9c~he? +r~~h uxh ~Ne~es4 +1+~~~ bY ~1Q^ of thw mortpage. 6. Thst (s) in the event of a~y breach of this Mwtgage or default on the part of the MORTGAGOR, or (b) in the event ~ny of sa7d wms of money herein refared to be not promptly and fully paid within thirty (30) days next aher the tame severatly become due ~nd p+yable, without demand o? ~?ot~ce. or in the evcM each snd every ~he stiputations. agreements, cond~tions and cowna~ts of sa~d promiuwy r?ote end th~s mor~9a9e any w either are not ~uly, promPtly and fully perfwmed. d~xF»rged. execured. eftected. completed, complied with and abided by, then in either w any such event tht said a~ gregate sum mentaned in said promissory note ~hen remaining unpaid, with interest acuved, and atl moneys secured hereby, shal) becoma dw and pay- able fwthwith, or thereaiter, at the option of saia MORTGAGEE, as f~lly and comple~ely ~s if all of 1he ssid wms of money were orgin+lly stipvleted to be pa~d on such day, anything in u+d promissory note or in this Nlwtgage to the contrary notwithstanding; and thereupon or lhereafte~ at the option of 1 said MORTGAGEE, w~~hout no~Ke w dema~d, suit at law w in equity~ tIlltelOf! W 1F~lfN{tN begun, may be proaecuted +s if mwMYs secu~ed f'~*QbY ; had m~wred pnor 1o as institution. ' 7. TM~ in the evcvN that at the beginn~ng of or at any time pending any svit upon this Mortgage, w ro fw«los. it, w ro retorm it, a fo enforce : payment of any claims hcreundet, said MORTGAGEE shall apply to the Cou~t having jurisdittion thereot tor the sppointment of ~ Reteive~, such Court shall ~ Forthwith appoint s receiver of said mwtgaged property all and singular, includ~ng a11 and sirsgular the income, p?olib. issues and revenuts from whatever F source de?ived, each and everyr of which, it be~ng expreuly understood, is hereby mwtgaged as if speuiically aet forth and dewibed in the grentir+y an~ habendum clauses hereof, snd such Receiver shall have atl ~he broad and elfective func~~ons a~d powers in a~ywise entrvated by a Cou~t to a Receiver, and s~ch appoin~ment shall be mnde by such Court as an admitted equity and a ma~te~ of sbsolute right to said MORTGAGEE, and w~thout relerence to the adequacy w inadequacy of the value of the p~openy mwtgaged or to the so~vency w~nsolvency of said MORiGAGOR a the defendants, a~ that such ~ents, p~ofin, ir+come, issues and ~evenues shall be applied by such Receiver according to the lien or equity of said ARORTGAGEE and the prxtice of such CouA. S. To dvfy. promPtly and fully perfwm. discharge. executc, effect, complete, comply with and ab'ide by eath and every ehe ~tipulations, s9reements. condiYans and covenants ~n said promissory note and this mortgage set forth. 9. That in the event the ow~ership of the mwtgaged premises, or any part thereof, becwnes vested in a pe~son other ths~ the MORTGAGOR, the _ MORTGAGEE, its successws and assigns, may, w~thout notice to the MORTGAOR, desl with such succeuor or sutcessot in inMest with referente to this mortgage ar~d the debt hereby secured in the ume manner as with Nbrtgagw withovt in any way vitiating o? dixharging the Mortgagors' liability herr u~der or upon the dcbt hereby secured. No sale of the premius hereby mortgaged snd ra (wbearanoe on the psn of tF~e MORTGAGEE a its successo» or ass~gns and no extension of ~t+e time fa the payment of the debt hereby secured given by the MORTGAGEE a its tuccessors or auigns. ~h+~~ operate ro release, ducharge, modify change or affect the orginal IiabiGty of ~he MO~CIGAGOR herein, either in whole w in puL 10. It is spec~fically agreed thnt time is of the essence of this contract and tM~ no waiver of sny obligatan hereunder or of ths obliyation sr cured hereby shall at any time thereafter be held to be a waiver of the terrtu hereof ot of the instrument secured herby. 11. In add:tio~ to the fwego:~g rranthly payments of princ"pal a~d interest required by the promissory note secured hereby, matgagor tovensnfs and agrees to pay to m+ortgagee v.~ith each mo~thiy payrnent an add~~~o~al sum estimated by mortgagee to be eqwl 10 1/12 of the annual co~t of the fotlow- ~n9: A-All real property taxes levied or assessed agai~st the above dex~ibed real estate. B-Premiums on fire and windstorm insurar.te as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from t~`~'~ to time deem fit to tarry on the loan set~red hereby. Mortgagee shatl -lrom time to time notify mortgagor i~ writing of the amount due and paysble hKeu~der a~ such sum shail thereupon be due and 3 ~ ~.ayable on the due date of the neat monthly payment and each successive month thereaher until mortgagee shall notiiy mortgagor of a thange in such ~ j e~nount. Such sums sF.all be applied by mwtgagee towa:d the paymeni of real property taxes, insurance prem.ums, and mortgage guaranty insursnce ~ i ~ premiums. i ~ IN Y~~TrJEU YVNEREOF, the said MORTGAGOR has hereunto set his Fwnd and seal the day and year fi~st afwesaid. S , Signed. Sealed and delivmed in the p~esence of: ~ a~- q ~ - Mar B.fDaniel q ~ a ult ,ti,~~ ~+D i SiATE OF FLORIDA ~ ~ SS. couren of ~Y .Lu~-~ e Befue me personally appeared Mary B. ~dIIl@l~ 8 S~A91@ adult, Jr~wifs,. to me well known and known to me fo be the individusl described in and who executed the f«egoirg instrument, and ackrawledged befwe me tfiat She execwed the same ior the purposes rherein expresxd. Awd-tbsw' yrife ottbd said ~rpw+.s~»sate•~od.prirat~. rr.~ioatioo by. ma bl~m ~parata iwd.apartisow~.heF sa7d-busband. ~ckrwwl~dg~d.t~ ~wd.befose-ms.t6at sF+s.aieocvt~said irrtwmv~t L~aty~od ~eoluo~ -~a~ilp-and~wahest-a+reornpirls:on.-censMair~+s~PP~~+~^~+~~"iesr-ofa-fro~n-hers~id*~d. A ril 74 WITNESS my F~and and oificia! sesi this L~ day of p A. D. 19 x~ Notary Pubt' snd fw the ste of Flprida d lsrye 'r: My Comm' expi?es: , li~ /~7 S ~ Return To: ~ First federsl Savings d. loan Associat~on S FIlEO A!i~ RECQA~ED oi Fo~t P~erce. , ST.lUC1E CaLMTY FlA• 4~ ~ fort Cierce. Fbrida ~ ' ~ ~ IIOCE~ '~~TR~S ~ . ~ RR C1~~~~T COURT ~ ~ ~ . • , ~ ltECORD ~~R~F~ED This Inst~ument Prepared By John W. Co1~tiT ` ~ ~ 9'Q 0a RI'~ ! a First Federal Savings b Loan Association ~ ~ ~ ~ : ~ . ' of Fort Pierce , Flo rida , , " " . ; • t'-~ } ! ~ , ' ::s'.;.~'~: , A~y - ~ _"t.:,.~:r-L:::.L:~,:-:~t'` 2~~3 Cf18C~CCf~ B~/ r . ~8 ,~'•r. ` eoo~ 225 PacE2~10 _ _ ~ . . - - - - - ~s - - ~ ~ ; `~w::.-~-~ _ ~ ~ ' _ .S ~ . ~~'iL"3a vu_ aN4 . . • ~ - _