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To place and cont~nvously kecp on the bui!dingi now w hereafter utuate on sa~d land and on all equipmeM snd penon+~~Y tove~ed by this mwq~ ege, with all premium~ Ihereon pa~d in iutl, ti~e insurance 1n the ~sual aiaixierd po~~q (am, in a sum spprovad by tFK MOR(GAGEE, and windstam ;n~~ranc~ in ~he usual sundard pot~cy form, in • aum spproved by the MORTGAGEE, in such tompa~y w con+pan~a +s Hw MORTGAGEE may , d~rcc~; and all tire and w~ndsiorm insurance po~~cias on any of sa~d build~~gs, any intereat ~he~ein w par~ thereoi, in ~he agpre9at~ ium +taeiaid o~ _ in excess thereof, ~hall co~~ain the usual s~anderd ma+gagee dause w such othc~ dause es ths Ma~p+9~ may reqv~re, makinp tM loss unde~ is~d po~F de~, each and every, payable to sald A~ORTGAGEE as ~ti irocrrst may appea~, and each and every iuch poilcy shall be prompNy ass gned a~+d delivtred ~o r J sny Ixld by said MORiGAGEE as further security to uid mor~yage debt, and, not leu than ~en (10) days in advance o( tM expi~at3o~ of each polity, to de- I~ve. to said MORTGAGEE a~enewal thereuf, ?age~her with a~eceipl fw the premi~m of such reoewalr and ~here thall bs no f~ie o~ windsto~m insur~nt~ placed on any of said buildings, any interesl there~n a part ~hercof, unless ~n the lorm and w~th the loss peyable as afwesaid; end in the evenf any sum of money become~ payable undcr such polity w pol~cies sa~d MORTGAGEE ahal~ Mve ~he op!ion to receive and apply the sa+ne a+ accounl of the indebted~ ness saured he~eby or to pe~mit said MORTGAGORS to receive and use it a any pa~t thereof lor o~her purpoaas, w~~hout th?+rb~ waw~~~~ or ~mpai*- y ing any equity, lien or righl undrr or by virtue of this mo:tgage; ~nd i~ the event sa~d MORTGAGORS sha1) iw any reason fail to keep the ~aid premi~ef w lnsured, w(ail to deliver promptly any of sa~d pol~c~es of insu~a~xe to u1d MORIGAGEE, a Fail promptly to pay fvlly iny pre~nium therafor w in a~y ~eipect fail to per~orm, d~scha~ge, execute, etFect, complNe, co~nply with and ab+de by th~s tove~ant, o~ a~y part hereoT, said MORTGAGEE may pl~te +nd t pay fw suth in~urance a any part thereof w~~hou~ waiving or affecting any opt~on, lien, equ~ty, w r~ght under or by virtue of this Matgage, and the ~ tvtl amounf of each and eti'ery such payrnem shall be immcdiately due aod payabta a,~d shall bear interest (rom the date thereof wtitil paid ~t the rate ot n~re pet centum per annum and togrdier with such intrre:t shali be sawrrd by the ~~en o1 this mortgage. 4. To permi?, tommit ot su(fer no waste, impairment ot deterioratio~ o( said prope~ty w any parl the~eof. S. io pay all and singular ths cos~+, charges +nd expc~ses, indud~ng a reasonabfe attwney's ice and costs of abstracts of title, incurred or p+~d ~t • any time by said MGRTGAGEE, lxcau~e a in the evem of the fa~lura on the part o( the said MORTGAGOR to duly, prompdy and fuiiy pe~iorm, d~~tharge, execute, effect, ca++plete, comply w~th and ab:de by each and every ~he stipulat~ons, ag~ean~ents, conditions, and covenants of said p~omissory note +nd thi~ :,,orrgage any w e~ther, and sa~d costs, charges and eape~ses, each and every, ahall be immediately due and payable; whether o~ not thers be ~+otice do- mond, a:tempt to colted a suit pend~ng; and the full amount of each and every such paymen~ shall bea. interzst from Ihe d~te thereof until p~id al the r.~i~~ af nine per cent~m µr annum; and all sa~d costs, tharges and eapenses irxu~red or paid, together w~1h such interest, shall be securtd by the lien of this mortgage. 6. TAat in ~he event of any brnach of this Margage w default on the part of the MORTGAGOR, or (b) in the eve~t any of said sums of rtaney here~n refe~red to be not prompfly and fully paid ~~~~h~n ~h~~~y (30) days oext af~er ~he same seve~ally becane dve and payable, witFwW demaod w nmica. c. !c) in the event each and every the stiputations, agre?ments, cond~tions a~d covenants of sa~d promiuory note and this mortgage any o~ eithe? are nW iu;y, promptly and fuily perfo+med, d~scharged, executed, effectrd, complaied, compi~ed with and ab~ded by, then in either or any such evem 1he said ag ~regate sum mentaned in said promissory note then remaining u~pa~d, wi~h interest accrued, and atl moneys setured hereby, shall become dve and p+y- ab e forthwith, w thereaiter, a? fhe opt~on of sa~d h10RiGAGEE, as f~f1y ard completely as iE all of the sa~d wms of money were aiginslly sGpulated to be paid on wch day, anything in sa.d prom:ssory note or in this Matgage to the co~trary notwithstanding; and thereupon w ihereafte~ ~t the op~~on of s.~.d MORiGAGEE, without notice o~ de~nand, suit at law w in equity, therefore a thereafter begun, may be prosecuted as if all ma~eys sKUred hereby r<d matured pnor to its instituhon. 7. That i~ the event that at the bryinn~ng oI or at any time pa~d~r.g any su~t upon this Martgage, w to fwecloss it, o? fo refwm it, w to enfo?ce ~;,yr*,ent of any uafms hereunder, sa~d t.1pRtGAGcF shall apply ~o the Coun ha+:ng ~ur~sd~a~on thereof fw the appointment of a Receiva, such Court shall F~rrhwrth appomt a recriver of said mortg..~Mi pro;,~~ty al{ and iingufar, indvd~ng a:! and s~ngutar the ~~come, profits, issues and revenves irom whatever s_ ~_;•ca derived, each and every of wh•.h, n be~ng eaprMS!y unde~stood, is her:by mo~~gaged as if speufi~ally set iorth and destrikxd in tF?e grsnling and h.a::_ndum dauses hereof, and wch Recri~er shall hava all the broad and effect;re fur.u ons and powers in anyw~se entrusted by a Cou~t to a Reteiver, and s_ch appointment shal{ be made by such Co~rt as an adrnitfed equity and a n•atter of a~so~ute right to said MORTGAGEE, and without reference to the a:.'e ~uacy oi inadeqvacy oi ihe value of the properry mortgaged or to ~he so.vr~~cy o~ ~nsolvency oF said MORTGAGOR a the defendants, and that s~ch r~~,~s, profits, income, issues and rever.ues shail be app:ied by such Rec~~ver accord~~~g to the lien or equity oi said MORTGAGEE and the practite of such Co~rt. 8. To duiy, prcmptiy and futly perfo.m, ~I~scharge, execute, effect, comptete, cori,piy with and ab+de by each and every the stipulatio~s, agreements, ~nd~ticne and covenams m sa:~ promissory note and ah;s mortgage s~t fwth. 9. That in ihe event the ow~erzhip of the mortgaged pren,;ses, or any part thereof, becomes vested in a perwn othe? than the MORTGAGOR, the F :'`'P.TGAv'EE, its successcrs and assigns, may, wi~hout notice to ?he l~IORTGAOR, deal w~th avch successw w successw in intercst wi~h reference to thia' -ro•tyage and the debt hereby secured in the same manner as with Mu~tgagw w;thout in any way vitiating or diuhargiog the Mortgagors' liability FKrt ~ d._r or upon the d:bt hereby secured No sa~e of the premises hereby mortgaged ar.d no forbearante on the part of the MORTGAGEE w its suctessws ~~s>~~ns and no exrenvon of rhe time for rhe payrrent of the debt hereby secured given by Ihe MORTGAGEE or its succeuors or auigns, shall operate ro re~ease, d~scharge, modify change w affect the orig~nal liab~lity oi the MORTGAGCR herein, either in whde or in ps?t• 10. h is spec~fe:alfy agreed that ti~ne is of the esse~ce of t6is contract and that no waiver of ani obligation hereunder w of the obligaYan st :u:ed h~reby shali at any time thereafter be held to bc s wa~ver of the terms he~eof w of the instrument secured herby. I1. In add.tio, !o r},> forego+~g month'y pa~m:nts oi ;~nncpal and inrerest required by tha promissory note ucured hereby, mortgagor eovenanfs ,i agrees to pay to n:o-~y~qee w~!h each ~r.c~~:h'y payr :ent an add~~ional sum est~ •.aled by mortgagee to be equal to 1 f 12 of the annual cost of the follow- A-AII rea~ F,rcNcrty taxes tei~ed or assesv_•o oya~•ist the aoove descri5rd rea! estafe. B-Pr~rr.~u~ns on firr and x~ndztorm ;ns~~r3~ce es nerein r^qwred to be carrifd on the im,r,rovemeMS situate on the above destribed premises. C-Pren~ie;ms on such ~+:ortgc:ge yuars•~ty ~nsv:er~P as mo~tgacee shil frc~r, t:m~ to time deem fit to tarry on the ioan setured hereby. j Mortyagre s:^.~'• i*cm ti~~:r to t~:::e ~~oti1; rnorryu7cr ~n wrlt~ng of the ar:,ount due and payable hereunder and such sum shalt thereupon be due and ,.:b:e o~ th.r due d~r~ ef !h, next ~:~cnth`.y F,;y~nent and each successive =t:onth thereafr~r vr.tii mortgagee shall no~ify mortgagor of a change in suth ~ -,ur.t. Such svms sHa:l be aµnimd L-/ ~noirgagee tov:ard the payment of rea! pro;;erty taxes, insurance prem~ums, and morigage guaranty insurance c r~oms_ N 1NITNE55 't~H' EOf, the sa~d N.ORTvAGOR has hereunto set his hand and seal the day and year firsf aforesaid. ~ ~ S afed d de~iver i the presence of: .~,Q ~0 n.,~ - - ~~:`t an ; - lL cs~.n - a a r e ~s~n S";;TE OF FLORIDA , ~ u. " :utJTY OF St . LZ1Cle _ ~ Douglas D. Cardrvell s~ Before me Fersonally appeared - Edna Carc~vell his wife, to me well known and known fo me to be ~~e individuats deuribed •in i~d w~p executed ihe foregoing i~strument, and acknowledged befwe me that they e:ecvted the sartx tor the purposes rr~_•e;n expressed. And the•said :t. Edna cardweli ~e of the ~i~~~t111~~~~f~~ _~4t~~laS D. CaIfIIVe~.l _ upon a separate and p~iv~te ..~m, nation bYyie' ta ~~~,~Qd,'apart from her said husband, atk~owledged ro and before me that she executed uid instrument freely and volun- .u.• and wjhpuf a ' sOirstraint, apprehens~on, or fear of or frorn her said husband. : Y .ta 74 Y/i1NY~5~ id~ead:3~~i1'34a1 th~s_. ~0 ~ da of_ Y A. D. 19 ~ i i. Z 1 ~J - ~~C1~ ~ " Notary Public in and tw the St of Florida al large ~ !a My Commisiwn expires: ~ • • 30•"~ . iiR~tim;To~,•' ~irst ~edt~at:~ri:~~'~~~(~~i.J~lssociation _ .,4~ ~.~jrr^__ j 1~1ar:da ~~,~i$(~' F L[D AMl` kECQR0E0 ~ f~,~UC1E ~OUNiY iLA• ROCE~ ~4~?AAS CIERK Cii:GUlt COURT This Instrument Prepared By Rober t A. Swisher JY . R~~~RG YEF.ii1ED....~~ First Federal Savings & Loan Association ~~I 3 la PN of Fort Pierce ~ Flot ida ~ Checked By ~82683 ~ - ec~ ~7 ~c~21$5 ~ - . . ~ s.~r"~ f _ - - '