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To plx~ and continuously keep on the building~ now a 1~ereaftN ~ituate on said Isnd and o~ ~II equipme~l ~nd p~rsonally tovered by Ihi~ matg~ # ag~, wi~h dl premiums ~herea~ p+~d io 1ut1, fire insur~nce io ~hs uival s~srdard poticy fam, in + ium app~ovsd by the MORiGAGEE, and winds~am r,.' - insurant~ i~ tM usual ~ta~dard pot;cy fam, in + sum approved by tM MORIGAGEE, in such <anpa~Y a c«^P+^~es ~s tM MORTGAGEE may - d~recl; and all fire and w~nds~o~m inswance policiea on any of a~d bu~ld~nys, ~~y inte~~~~ therein or part the~eof, i~ 1M a~yreqa~e tum aforeH~d w in ~xtess lhereof, shall cw+tain tM ~sual ~undard mor~ga9a~ dsvse w such otha ctauis +s tM M1o~1ya9H may requ~r~, makinp the ies~ v~+der ~a~d po~i~ _ c~es, e+cF~ ~nd every, payabls to wid MORiGAGEE as it~ interest may appeu, end exh and sve~y such po:~cy zhatl be promptly ~u.gned and de~ivered to Irver o aid MORTGAGfE aE encwal,thereof, toge~her,wi~h~a9 ece pl fwa~he premQUmtof~ivch reOnew~ls and ~the eeshall beeno1 fi e w~w nds o~o insu anca ~ plat~d on any of iaid buildings, any i~teresl therein or pul thereof, unless in ~M form and with 1M lou paYable at afor~said; and in th~ eve^t +^Y sum of rtw~ty beconxs pay+ble unde~ wch po~~cy w Pa~icies said MORTGAGEE shall hav~ tht opt~on to receive and apply the ssn+e on +c~a+^~ ot ~he ~^debted- ; ness ~ecured Mreby w b pc~mit ~aid MORiGAGORS to receivs and us~ H w any part thereof for otner purposei, Yii~hout ~h:rrb~ waivl~~ o~ ~~~~pa~~- . • i ;ng ~ny pv;ty, I;en w right under or by virtue of this mortgage; and in the event u~d MORTGAGORS thatl tor any reaso~ fail to keep the s+id p~emises so ~ insured, or fail ro del~~.r promptly sny of iaid po~ides oi insurance to ~s~d MORTGAGEE, w fail promptly 1o pay iully any p~e~niwh therefor w in a~y respett fail to periam, diuharge, executs, effecl, canplete, co~nply with and al~ide by this covenant, w any pa~1 hereof, said MORiGAGEE may pl~ce end pay fa suth Inwrance w ~ny parl thereof without waivinp w affattinp sny option, lien, eqv~ry, w?ight unde~ a bY vi~tw of this Mortpagt. snd tht ~ fvll amount of each and every such paymanf shall be i~runediately dve and payabts ~nd ihsll beu interest from ths data thereof until paid s~ ths rate of nine per cent~m pet annum and to~ether with such interest shalf be secured by fhe (ien of this mortg+ge• 1 1, To permit, commit or suffer no waste, impai~ment a deteraratan of s~id property or anY P+h ~h~'°°f• ~ r 5. To pay all and singulu the casts, chuges and expenses, mdud~~g a reasonable anwney i fee snd coets of abstrads of title, iocurred or paid at , any time by said MORiGAGEE, because a in the event of the failure a.+ the part of tM said MORTGAGOR to duly, promptlY a~d fully perfwm, d~scharge, : execute, effed, tomptete, comply with and ab:de by each and every the stipulationa, agreemenri, condluona, +nd covenants oi said p+orni?sory note and thif + mwtgage sny o~ eitha. snd sa~d costs, ch+rges and expenses. each snd ~very, :MII be immediately due a~d payable: whether a not there be notice d~ mand, aftempt to co11M or suit pend~ng; and the full amount of each and every such payment shall bea~ interest irom the date thereof until paid at tM .ate oi nin~ per centvm per annum; and all said cos~s, charges and expenses irw^urred or paid, togNher with s~ch iroerest, tha~~ be seu+red by the lien of this mo?tgags. Q Tfwt (a) in the event of sny breach of this Mortgsge w defaulf on tfie part of the MORTGAGOR, or (b? in ~F?e eve^f ~ny of wid suma of money herein refe~red to be ~ot promptly and fully paid wi~hin th~rty (30) days next after the same severally become due end payable, without demand w notice, or (c) in the eve~t each and every the stipulations, agreeme~ts. conditions and covenants of sa~d p~omissorY no~e and th~s mwtya9e any a eithe? are not iuly, promPtly a~d fully pe~for~xd, d+uharged, eaecuted, eifected. compkted. compl'~ed with and abided by, then in either or any such event ths said ag gregate sum mentioned in said pranissorY note lher? remaining unpaid, with interest scuued, ~nd al! moneys setured hereby, shsll bcto~ne due and pay- eble fwthwith, w there~fter, ~I fhe opt~on of said MORTGAGEE, as fully and completety as if all of tF~e said wms of money were aiginally st~pulated ro be paid on such day, anything in ss;d pran~ssory note w in this Nbrtgage to the comrary notwithstand~ng: and~ue`u~Fw^ ,°f' at~re~aff~ysa~he~ ~~feby said MORTGAGEE, withoW notice w demand, ivit at law o~ in equity, therefore or thereafu~ begun, ma'y be (x had m~rured prwr to its inatituran. i 7. That in the event that at the beginning of or at any time pend~~+g any su~t upon this Mortgsge, or to fweclose it, a to refwm it, o? fo enfores , payment of any claims hercunder, said MORTGAGEE shall apply ro the Coun having jurisdidion thereof fw the appointment of a Receiver, such Gourt shaU i Forthwith appoint a rece~ver of said mortgaged-property a4 and singulsr, includ~ng all and singu~ar she income. profits, iuves and revenues from whatever source derived, each a~d every of wh~ch, it being expressly understood, i~ hereby mw~gaged ss if speci{ically set fw~h and dewibed in the g~anting and habendum clauses hereof, and such Receiver shall have all the broad and efteuive func~+o~s and powers in anywise entrusted by a Covrt to a Receiver, and s~.:ch appointment shall be made by svch Cou?t ai an admitted equity and a matta of absolute r"q~hi to ssid~ N10RTGAGEE, ar+d without reference to the adequscy o? inadequacy of ~he value of the property mor~gaged or to the solvency w insotvency of sa~d MORTGAGOR a the defendants, and that s~xh re~~s, pro(its, income, iuues and revenues shall be applied by-such Receiver acco~d'+ng to the lien w equiry of said MORTGAGEE and the p?actice of such :.ouA. 8. To du~y, promptly and fully p~rforrr,, discharge, execute, effect, complete, comply with ~~d abide by each and every the stipulations, sgreements, conditions snd covenants ~n sa~d pramisswy note and this mortgage set forth. ; 9. That in the event the ownership of the mortgaged premises; a any pan thereof, bccomes vested in s person other than the MORTGAGOR, the ~ !~10RTGAGEE, its succeuors and assigns, may, without no~ice to the MORTGAOR, deal with such successor w succe:sor in interest wi~h refe?ence to this mortgage and the debt hereby secured in the same manner as with ~A~rtgegor without in any way vitiatin~ d diuharging the Mwlgagors liability hert undec or upon the debt hereby secured. No sale oi the premises hereby mortgaged and no forbeara~+te on 1he p+rt of the ?AORTGAGEE w its sutcesson or assigm and no extens+on of ~he time for tF+e payment of the debt hereby secured given by the MORTGAGEE or its successors w+u~gns, shall operate to release, d~scharge, modify change or affect the original liability of the MORTGAGOR here~~, eithe? in who~e w 1n part. . 10. It is spec~ficalty agreed that time is of the essence of this contract and that no waiver of any obl~gation hereurxler w of the obl'~gation sr cured heroby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument setured herby. I1. In add~tio~ to the forego:nq month~y payments of princ~pa~ and interest required by the promissory note secured hereby, mortgagor covenants ard agrees +o pay to mo:~gagee with each mo~rhly payrr.ent an add~rional sum estimared bY mwtga9ee to be equal to 1/12 of the a~nual cost of the follow- in~: ~ A-AIt real prope.fy taxrs levied or assessed agai~st the above described real estate. B-Premiums on i~re and w~ndstwm insurance as here~n requ;red to be carried on the improvemt~ts zituate on the above described p~emises. ; C-Prem~ums on such mor~gage guaranty insurar.ce as mortgagee shall. from t;me to time deem fit to carry on the loan secured hereby. s Matgagee shall from t~me to time notify mortgagor in writ~ng of the amount due and payable F?ereunder and such sum shall thereupon be due snd } ~ F.3yable on the due date of the next moMhty payment and each successive mon~h thereafter ur.til mortgagee shall notify mortgagor of s change in soch a~:ount. Sucn sums shall be apptled by mortgagee toward the payment of real property taxes, insurance p?em.ums, and mortgage guaranty insurance ~ ~remiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint afaesaid. j Sign Seakd an deliv ed "n ~Ke p~esente of: s~ i ness n o er o v - Witne s K~?t ryn o vi e q ~ SjATE OF FLORIDA ~ ; St. Lucie couNn oF ~ r~nn~n~r CpLVILLfi a~ ~ Befae me personaUy appeared "„z 1 KATHRYl\ M. QOLVILLfi his wife, to me well known and known to me to be + rhe individvals desu~bed in and who executed the foregoing instrument, and acknowledged befwe me that they executed the same fw the purposes therein ~x~.~xd. a~d itK KATHRYI~ M. COLV ILLfi w~?e of the sa~d ~BERT ~LVILLE vpon a sepe.ate ar?d privsr~ ~ examination by me taken separate and apart from her said husband, atknow{edged to ar~d befwe me that ihe exet~ted said instrument freely and vol~n- rar~fy and w7thout any compulsion, constraint, apprehepns~~ or fear of w from F~er said husband. WITNESS my hand arxl offecial seal thi: d"~" day of A. D. 192~ (l0[~ ~ ~ ~ fl~p~`E ~p~~jY Fl • ldorory ublic in snd f Sta of ~forid~ ??Sar~~.,, ~ii, ' ~ gT.1.0 GER PO~TaAS My co~~~, ex~? . .--~%j : ~ ~ - R~f~~~ To: a0 ~?acv~~ cou~ c _ ' • ' _ , ~':Yi' : First Fedenl `wvings 3 loan Association C~Rp YER~f IEG . ' ~ ~ REC . - _ . ~ = _ _ Of Fort P~erce. - _ ~,~k~•' f ~ ` ~ - . ~ ~ Q - ~a ~ Fort Pierce. Florida O 3S ~ ~ + ~ • - a ~ ~ ~ • l~ ~ to t ' • ~ ' . ~ : .ti, ' _ ~ ~ r , -.~`J ` _ . This Instrument Prepared By Richard K. Kaye s First Federal Savings & loan Association _ of Forf Pierce~ Florida ~ n ~ Checked By ~'r : Bo~225 ~2952 ~ ; - ~ _ _ _ _ _ ~ ~ ~'.'r 1nY ~,~'.p,X °S ~ ^'N . a3a . t.u ~ - ~ ' ~ ~ , n, - ~^~'~~z~"~~~ _ ~ -