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To plac~ and contin~ou~ly keep on the bui!d7nyi now w hereafra wtual~ on isid land ~nd on all equ~pment and psnonally covered by ~his mort¢ pe, with dl premiums thereon pa~d in fuli, fir~ insuranc~ in tM usual iu~dr.~ poticy fw~n, in a surin +pprovtd by tM MORTGAGEE. and winds~am inw~ann in ~M uiwl ~iandard poi~cy fam, G+ a ~um +pprov~d by tM MORTGAGEE, in wch canpa~y w compu?i~s +s tht• MORTGAGEE may 3u~ct; and all tin and wicsdstorm tntu:ance po~K~a on +~y of uid buildinqs, u?y Mt~rNt tha~in w part Ihe~wf, i~ tl» ~rey+t~ sum ~for~Nid or In ~xttu tAereof, ~MII contain tM usual ffa~dard ma?9a~~ claus~ a suth o1hN cl~ut~ a~ tM Matqs~e~ may rpu~r~. makinp the iou unde? u~d polh citi. ~ach and ~vKy, p+Yebl~ ~o aid MORTGAGEE as its in~srsst rrwy app~ar, snd each u~d ~vsry svch poticy ~hall b~ prornpHy au:yned and delivered ~o •ny held by sakl MORTGAGEE as turther security to s+id mortp+ye debt. and. no1 kss tMn te~ (10) days In ~dvanc~ of tM ~xpir~Yan ot ~ach policy. to da IivK b uid MORTGAGEE • ne+ew~l th~nof, to~~he~ with a rec~ipl fa tM premium of tvch renewal: and ~Mr~ sh~ll be no fir~ w windsiorm insurance plac~i on any of saW buildinps, u~y i~tKest tMrsio a part thKwf, unku in tM fo~m u~d with 1M 1ws paY+bl~ +s afa~ssid; M 1M fvMt ~~y tWn of monty becanet pay~ble ~nda such policy w policies iaid MORTGAGEE shall haw tM option ro ~aceive a~d apply 1M same o~ +cco~M of the indebtcd~ ness s~cu~ed hereby w M pltmit said 1MORTGAGORS fo receive and u~ i1 a a~y part the~eof Iw othcr purposes, wi~hout the~eb~ waiving w~mpair- inp ~ny pvity, li~e~ a riyht under or by virtw of this mo:tya~; ~nd in tM ~ve~t san~ MORTGAGORS sMll for ~ny reawn fail to keep tM s+id premises io inswed. a iall lo deliver promptly ~ny of said po~iciet of i~uu~s~+c~ to said MORTGAGEE, w f~il promptly to paY fully ~ny premivm therefo~ o~ in ~nY resp~d fail w pN(orm. dixharge, execut~, ~ff~ct, compl~te, complY wi?h ud abid~ by this coven+N. o~ +^Y psrt he~eof, said MORTGAGEE m~y place and paY fw such inwranu or •oy pan thaeof withou~ waiv'ug or affectinp ~ny opt~on. tien, puity, o~ ripht under w by virtw of thia Mor~~aye. ~nd the full amount ot tach W+d ~v~ry wch payment ih+ll be immediately dw ~nd payabk u~d thstl bear int~rest from ths date Ihereof until p+id ~t tM ~at~ of ni~e per cent~m pN annum and together with svth inreres~ shstl bt secwed by th~ IiNn of this mo~tyag~. 1. To pamlt, commit w svFfa no wa;te. Gnp~i~meM or deteriwatan of said property a any psrt thereof. S. To p+y all uid sinpvlar tM cos», ch+roes and exPa?ses. 7ndudi^~ a re+sonabk attwney's fee and toits of abstracts oi tiN~, incurred w paid st ~ any time by said MORTGAGEE. because or in the evtnt of the fa~lure on the part of ~M taid MORTGAGOR ro duly, promptly snd fully perfwm, d~scharge. E execvts. effec4 oompkte. comply w~th and ab~d~ by each and every ths itipulations, agreements, conditions, and covenann of said promissuy note +nd thii I mort9ap~ any a eiiher. ~nd said oosts, chuyes and expenses. each and tvery, shall b~ immadiately dw aod paYsble: whether w not there be i+ot~ce de~ mand, sttempt ro colkct or wit pendinp; and the fvll ~no~nt of ~ach and eve~p wch P+Ymsr?~ th+ll bea. iMerest from ~he da~e thereof until paid a1 the ~ rate of nine per ceMum per amium: and alt wid tosq, charges and expenses incurred a paid, together with suth interost. shall b~ secured by the lis~ of this ~ morty+9~. 6. That (a) in the ~w++t of ~ny bread+ of this Matgage a default on the part of the MORTGAGOR, or (b) in the eve++t ~ny oi a~d swns of rtwney herein refe~red ro be not piomptly and fvlly paid wi~hin thirty l30) d~ys next after tM sam~ severally becon+e dw ~nd P+yable. without demand w notice, or in the event each and every ths stipulations, agreements, cond~tions snd covenana of sa~d prom~uwy ~ote and th~s matpa~e +ny o~ either are no1 iuty, promptly and fully perforrned, d~scharged, executed, etfecfed, completed, camp~ied with and sbided by, then in ~ither w ~ny such event tM said ag gregat~ sum mentioned in s+id promiuory note then remaini„p unpa~d. with imerest acuued, snd all moneys secured hereby. shall lxcome due and pay- able fw~hwith, w thereaiter, at the option of said MORiGAGEE, ~s fully and completely as if all of the said sums of money were originally atiputated to be paid on such day, anytFiu+y in said promiuory nofe w in this Mwtgage to the contrary notwilhstanding; and therevpon w thcrcafter at Il+s option of said MORTGAGEE, without notice a dema~+d, suit at law a in eqvity, therefore w thereafic~ begun, may be prosecuted ~s if all moneys secured hereby had matured prwr to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to fwetlose tt, or to rtfaen it, or to enfwce payment of any cls~ms hereunder, s+id MORTGAGEE shatl apply to the Court having jurisdiction thereof for the sppantment of • Receiver, such Covn shall forthwith appoiM a receiver of said mortgaged property all and singular, includ~ng all and singular the i~come, profits, Iu~es and revenues from whatever sourte derived, eath ~nd every of which, it being expreuly unders~ood, is hereby mortgaged as if spetifitally set forlh and desuibed in the ~rutting a~d habendum clauses hereof, and such Receiver shall have all the broad and effective funci~ons and powers in ~nywise entrusted by • Cov?1 to a Rcceiver, s~d such sppoimment shall be made by such Couh as sn admitted equity and a matter of absolute right to said MORTGAGEE, and without reference ro ths edequacy o? inadeqvicy o( the val~e of the p~operty mwtgaged or to the wtvency or ~nso~vency oi said MORTGAGOR a the defendaots, and that such renrs, p?ofin, intome, issues and revenues shall be applied by such Receiver according to the lie~ or equity of said MORTGAGEE and the pradice of such Court. 8. To duly, promptly and fully perfwm, d'~scharge, execute, effect, cariplete, comply with ~nd abide by each and every the stipulations, agreements, co~ditior?s and covenants in said promissory note and this mortgage set fwth. 9_ That in the eve~t the ownership of the mortg~ged pren+~ses. w any part thereof, becomes vested in a person olher ihan the MORTGAGOR, the MORTGAGEE, its successors snd auigns, msy, without ratice to the MORTGAOR, deal with such successor d succeuor in interest with reference to fhis mort9e9e and Ihe debl htrtby secured in ihe ssme manner as with Mortgagw without in any way vitiating w dischargir.~ the Matgagors' liabilify htre- under or ~pon 1he debt hereby secured. No asle of the premises hereby mwtgaged +nd no fwbeara~ce on the part of the MORTGAGEE a iti svaessws or augro and no exteraion of the time fw the paymeM of the debt heceby setured given by the MORTGAGEE or its suctesaors a assigns, shall operate to release, dixharge, modify change w affect the orginal liab~lity of the MORTGAGOR herein, either in whob or in part. 10. It is specifically agreed that ?ime ii of the essence of this contract and that no waiver of any obligaYron hereunder or of the obligaYan st cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the i~strumeM secured herby. 11. In sdd~tio~ to the f«ego:ng monthly paymeMS of prin~ pal and interest required by +he promiuory rwte secured F~eroby, morigagor covenants and agrees to pay to mortgagee with each morohly payment an add~rional sum est~mated by mwtgagee to be equal to 1/12 of the annual cost of the follow- • z ing: A-All real property taxes levied or assessed againsf the above described rea~ estate. 8-Premivms on fire and windstorm insurance as he?ein requ~red to be carried on the improvements sitvate on the sbove desuibed premises. i C-Premi~ms on such mortgage gua~anty insurance as mortgagee shall from time to time deem fit to carry on ti~e ban secured hereby. ~ Nlortgagee shall from time to time notify mo.tgsgor in w.iting of the amounr due and payable }?e?eunder and :uch wm :hal! thereupon be due and • payable on the due date of the next monthly payment and each successive month thereafter ur.~il mortgagee shall notify mortgagor of a charge in s~ch amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mwtgage guaranty insurante ~ premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afor 'd_ Sgned, Seated and delivered in the presence of: ~ s~.n aq ~ I) ~ a~ STATE OF FLORIDA ~ SS. couNrY oF St t _i _ eefwe me personally appeared Slzie 111. GOdwin~ ir and (a~Vllell .Adt~; n his wife, to me well known and known to me to bs the individvals described in ~nd who executed the fore9oinp instrwnent, and adu~owledged before me that they executed ths same fw the purposes rherein exprcssed_ Md the said ~nell ~iO~in wi(e of the said ~2~e y ~dM1ri ~ Jr - uFon a separate and priv+te rxaminat"an by me taken separate and apart from her said husband, ~dcr.s~.vledged ro and befwe me that she executed said insWment freely and volurr rar~ly a~d w~thout sny compubion, constraint, ~ppre~or feu of or from her said husband. ~ ,'4 WITNESS my hand and official seal thi~ dsy of ~y A. D. 19 Notary Public in a fw t State of Florida ef large My Commiu'an expird: Retum To: ~ ~ ~mT $ U~~iE ~~;/f~/~. FirtT Fedtql Savingf b Loan 14ssotiation „T~ S?t,Tf n 0:- ~ R. SYF,'.'_, . ic,E:. 7. i)TI , .~~~~~ii~ • Of Fort P~erce. • ' , t. : - - . 1; . . - - Lw1ACiS i:t.:.:3AGd iS' ii' - Fwt Pierce, Fiorida • ~ J = Eui~..~J ti/ U•.Yf ~ '.t :~DO~ ~R ~r ' ~ - . pa y ichard K. Ka es ~ J ' This Instrument Pre red B R Y fl{„EO AMU RECORD~~ ~ ; F i r s t F e d e r a l S a v i ~ g s 8 loan Association tT,LUCfE ~~Y f U" Q.•; %tio~~ ; of Fort Pierce , Rlo=idd~ ROCER P~17~~5 3 ' ~ ~ ~ ~ - CLERK CIF~UIT COURT ~TF 4tt~~,~~' ~ P.f.COPC YEk~f:CO 'N.,,,:,,:,; ~ Checked By o a 7 1!~ r3 9 t6 pM'7~1 BOOK ~ / PACf ~O~ S1-~ - ~ r _ _ _ _ -