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To place ar+d continuously keep on the bui'dir~s now or hereaiter ~~tua~e on sald I~nd and on all equip~nrnt ~nd pusona~ly covared by ihis mwt¢ sge, with ali premi~ms ~hetew? pa~d in full, fire i~su~ance in ~he usuai s~a~dsrd potity (orm, i~ e sum approved by ~he MORiGAGEE, and windstorm insur~nce in tM usuat ~randard po~~cy fwm, i~ + sum ~pp~oved by tM MORTGAGEE, in such company or companies as the MORTGAGEE m~Y 4 dirett; and all /'as and w~ndaiorm insur~nce policies on a~y of ~a~d buil~~~ps. any interes~ ~herein or parl thercof, in Ihe ~qgre9ate tum aforesa~d o~ ~ In txtets Ihereof, ~hatl contam ~M usual sundard matgage~ cisuse a ~uch o~ha ttau~ as 1M Ma~9a9ee may requ+rs, makin~ the lou undrr ia~d poli- ~ cie~, each and every, payable ~o sud MORTGAGEE +s i~• ~n~erest may appear, a~d each and every such po~ky shall be p~anp~~Y ~is.g^ed a~d de~~vered ~o any he~d by said MORTGAGEE ss fur?her security to said mortgage debt, and, ~ot leu than ten (10) days in advance oi ~he expi~ation oS ea<h pol~cy, to da liver to taid MORiGAGEE a ~enewal thereof, toge~Aer with s receipt fa ~he premium of such renewal; snd thero shall tx ra t~re o~ wind:~o~m insu~aoce plated on ~ny oi sa~d buildings, any interest the~ein or pert thercof, unless in ~he form and with ~he lou payable as a(oresaid; and in the event any tium ; of money becomes payable under such policy or po~~~ios said MORTGAGEE shall have 1he opt~on to reca~ve and epply the sanie o~ attoun~ of the i~drbted- ness secured hereby w ro permit said MORTGAGORS to reteive and use it w sny pa~t thercof loa othc~ purEwses, witho..t th>r~u/ waiv~ng vr unpair• ing any eqvily, tien w righl vnder ot by virtue o1 this mo:tysge; and in the eveM ta~d MORTGAGORS shall (w any reason (ail lo keep ~he said p~emisrs so ~ ~nsured, w fail ro de~~~er promptly ~ny of said po~K~cs ol insurance to ssid MORTGAGEE, o~ fa~l promptly to pay lully any premium therefor or a~y respec~ fail to pe+tam, discha.ge, cxecute, effect, comp~ete, comply wi~h and abide by thi~ covenan~, a any part hrreol, :aid MORTGAGEE may p~ace a~d pay for suth insura~ce w any part thereof witiaul waiving or af(ettin~ any option. ~~e~, equity, o~ right undea w by virtue of this Mortgage, and tht ~ full ~~nounl of each and every such payment shall be immediately due and p+yabte snd shall bear interest (rom the date thereof until paid a~ the rate ot .V ..i dua a.nrtnaaa_ n~ne per centum per annum YI~U YUjCI1~C1 ,,,.t. :.......s: - _ _ To pe+mit, commit or sufta no waste, impsirment o~ deterioration of said prope~ty or any part thereof. 5. To pay all and sir?gul~~ the costs, charges a?xl expenses, includ~ng a reasonab!e attwney's tee a~d costs of abstracts of title, incur?ed or paid st eny time by sa~d MORTGAGEE, because o~ ~he evenl of the failure on the part of Ihe said MORTGAGOR to duly, promptly and fully pe~form, diuharge, exrcute, efiect, complete, comply w~th and ab:de by each a~x) every tF+e stipulaiions, agreements, co~ditiau, and covenan~s of said promissory note and ~hie mwtgage any w either, and said costs, chsrges and expenses, each and every, sha~! be immediatety due and payabte; whether w rw~ ~here be ~ot~ce ds mand, attempt to collect or svit pcnd~ng; a~d the (ull amount of each and e~ery such paymeM shall bea. iroeres~ from the date thereof unril paid at the rate o( nine per crnrum per annum; and all wid costs, charges and e~cpenses incurred w paid, together wdh such interest, shall bt secured by ~he lien of this mortgage. 6. T1+at (s) in the event of any breach of this Mortgage o? default on the pa?t of the MORTGAGOR, or (b) in 1he eve^1 s^Y of sa~d sums of money herein ~eferred~to be no~ promptly and fully paid wi~hin thirty (30) days nex~ after the same seve~ally become due and payable, without demand or notice, or (c) in ihe event each and every the stipulations, agreeme~~s, conditions and co~enants of said promissory ~ote and th~s mbrtgage any or ei~her are nol i~ty, promptly and fulty perfwmed, d~scharged, executed, effected, completed, complied with and abided ~iy, lhen in either or any such event the said ag gregate sum mentioned in said promissory note then remaining vnpaid, with interest accrued, and all moneys secured hereby, shall becane due and pay- ablr forthwith, w thereaiter, at the opt~o~ of said MORiGAGEE, as (ully and completefy as if all of the said sums of money wer~ originally stipulated to be paid on s~ch day, anything in sa:d promiuay note or in this Mortgage to the coNrary notwithstanding; aMl tlxreupon a thereafter at the opt~o~ of said MORTGAGEE, without notice or demand, suit at law w in equity, therefore or Ihereafter begun, may be proucuted as if all moneys secured hereby n~d matured pnPr to its institution. 7. That in the event that at the beginni++~ of ~x wt any time pending any suit upon this Mortgage, or to foretlose it, or to reform it, or to enfwte payment of any daims Ae~eunder, Shctl NlVKII~HGCC anaii epNiy ia i~e Ca::ri hovi:.g ;ure:a _:--e^ !!~'*eef for ~he anoointmeM oi a Keceiver, sucii ~uv~t sheil Forthwith appoint a receiver of said mwtgaged {xoper~Y all and singular, i~clud~ng atl and singular the income, p~ofits, issues and revenues from whatever source derived, each and every of wh~ch, it being eapressly understood, is hereby matgaged as if specifically set fo~th and desu~bed in 1FK granting and habendum clauses hereof, and such Receiver shall have alt the b~oad and efietrive ivnct~ons and powers in anywise entrusted by a Cou~t to s Recaiver, and s:ch appointment shall be made by s~ch Court as an ad~nitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequaty w inadequaty of the value of the p~operty mortgaged o~ to the so~vency or ~nsolvency of said MORTGAGOR w the defendants, and that such renis, profits, income, issues and revenves shall be applied by such Receiver accord~ng to the lien or equity of said MORiGAGEE and the prac~ice of such Court. ~ 8. To d~ly, promptly and fully perform, d~scharge, execute, effect, complete, comp~y with and sbide by each and every the stipulations, agreements, : conditions and covenants in sa~d promissory note and this mortgage set fwth, k 9_ That in the event the ownership of the mortgaged premises, or any part thereof, becwnea vested in a person othe? than 1he MORTGAGOR, the F h!ORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such succeua or succeasor in interest with re~erence to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or diuharging the Mwtgagors' liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no iorbearance on ~he part of the MORTGAGEE w its sutcessors or assigns and no exte~sion of the time fo~ ~he payment of the debt here6y secured given by the MORTGAGEE or its successus or au~gns, ahall operaN ro release, d~uharge, modify change or aftect the original liab~lity of ~he MORTGAGOR herein, either in whok o? in part. _ ~ _ _ur~_:5_~ 10. It is speuf~cally agreed that time is of the essence of this cont~act and tnat no warve? oi a~r aiv~~ye::~n: ...r ;,r.:~-°._ cured heroby shatl at any time thereafter be he:d to be a waiver of the terms hereo~ w of the instrument secured herby. 11. In add~tio:+ to the fo~ego:ng moMMy paym~nTS of print pal and interest required by the prom~uory note secured hereb,y;'~ }n~o? Eo~le~SMs and agrees to pay to mortgagee v~ith each monthty payrnent an add~rional sum est~mated by mwtgagee to be equal to 1/12 of the;~gw(,cqk~~o~ the.foR~n/,.' ;ng: . • ~ _ A-All real property ta:es levied or assessed agai~st the above descri?~ed real estate. ?y. ; • C: _ B-Prm~v,ns on f~re and windstorm insuracce as herein requ~red to be carried on the imp~oveme~ts situate on the abov4 ilstribed prem~9s. • C-Prem~vms on such mortgage guaranty ir.wrar.ce as mortgagee shall from time to time deem fit to carry on the Iwn Y6cured hewby.~ ' _ Mortgagee shall from time ro time notify mortgagor ~n writ~ng of the amouM due and payable hereunder and such wm sh311'thereypon b~ dvq~~~d~.~T,~ ~h~ next month! a ment and each successive mo.~th thereafter urtil matgagee shall notify mortga~u 'of s;cba(g~,f~ ~ n th due oate of Y P Y _ ~ayabte o e - t ch s~ms sFa~l be a lied by mortgagee toward the payn:ent of real property taxes, ~nsurance prem.ums, and mwtgagd gbarsrity•.Gj~ a~noun . Su PP ' ~ {i ~ .1~• ~jc~•: - premiums. , ' ~ IN ~YITP~ESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first afwessid_ Signed. Sealed and delivered in the r xn f1A T o0 ~ ~ION f ~~0 ~~i'°~REC~AOEI~ ~h+~'~~l~ ,n ~ - COUM Y f~ • ~ RY: ~ ' „ =~tT~As (SesO ~ ctEP~. : ; coURt s~n - - A'TTEST: ran in r is, e a~~~ --'~'qpr ~ ii8 ~'T~ - _ - STATE OF FLORIDA 2~~~9 COUNTY OF 5T. LUCIE I HEREBY CERTIFY, That on this -~day of-__ ~y , A.D. 19 ?4 , before me personally appeared Nazel J. Narris and ~ranklin A. }{arris respectively as President and as Secretary , of tiarris Construction Corporation Florida _ Corporation, to me a-- known to be the persons described in and who executed .the foregoing instrument, and severally acknowledged the exe- ~ cution thereof to be their free act and daed as such officers for the uses and purpses therein mentioned; and that ihey affixed thereto the official seal of said corporation, and the said instrument is the act end deed of said corporation. WITNESS my hand and official seal at Fort Pierce - , said county and state. This instrument prepared by ~ Wtn. E. Rraun ~i rst Federa 1 Savings and Loan Notaf}t.P,~bi1E,'tip and for State an County aforesaid. Association of ~ort Pierce, Florida M~tss~on ~xpires: ~ er . 3 e•'1 ` t~r:i•'>. - . _ .r...:.~+fi`- " !r' . t~ . Checked By - ~ - V: C _ ; - r.~~i_~ ; ~ ~ ' ~ 22? ~~E ~.576 Q:t - ,~,jr1~?t~iin~t~~~r~' . • - _ : _ ~ - - - - - "~~,i~~~ 3 ~ s~ - - - ~ai'4~...~.: a . _ .c.,~a... _ .