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To place and cont~n~ouslY kcrp on the bui:dings iww a hereaitcr s,tuate on said land an~ on ali cquip~nMt and pe~so~ally cover~d b; tA~s ma~g- sge, w~th i~) ~ffMiiumf thc~eon pa:d ~n full, fire inwu~ce :n ihe vsual sta~xiard po~~cy form, in + t~m apwoved by ~he lNORiGAGEE. ~~~d w~r+dsrorm ~nw~+nc~ in ~M uswl turxlard po:~ty fum, ie ~ ium spproveJ by ~he MORTGAGEE, in iuch canpany o~ compames as ~h~ MORTGAGEE may dfrech and aN tire and w~nditorm ~nsurance polK~es on iny of sa~d budd~nps, any io~er~st there~n or parl ~hereof, in tM agg~cqate sum ~fwesa~d w in eacess ~he~eoi, thall ca+tein ths usual standard ma~9syae ciauae w iuch o~her c~aus~ as tM Matyagce may rcqu,r~. ma?i:~p rhe io~t vndr~ ~+~d polt c~es, each and evcry, payabte ~o sa~d MORiGAGEE as ~~s i~~rre~t may appeu, and eacA and e~e~y sucA po~~cy ih~ll be p~omp~ly ass g~ed a~~d dei~~ered ~o sny held by said MORIGAGEE as (u.~her srcvr~iy ~o said nw~igage dtb/, and, no~ ~ess ~Mn ten (101 ds~s ~n ~dva~ue of ihe expira~ion o1 c+ch pe1~cY. ~o ae- I~ver to sa~d MORIGAGEE a raxwal tAercof, toge~l+K with a rece~p~ fa the pra.nivm of such re~ewal; and N+~re sha?1 be no f.re o! w~:~ds~or~n insurance pls~ei! on any of said buildings, any interest th~rein or part tl+ereof, unless in tFw (am and wi~i~ tM ~oss payabt~ as aforesaid; ~~d i~ the eveM any iurt~ of nwnty becomes pa~able undr~ such policy w po~Kies ssid MORiGAGEE shaN have ~h~ op~~a+ ~o receive and apply the san,e w? accouni o! ~he in3cot~-d~ ness ucured FKreby w w pe+m~t sa~d MORTGAGORS to recr~ve and uu it a any pa~~ ~hrrcof fw o:her purpos~s, v.l~ho.,t ~h_~~b~ wa~.~.~3 ~~~:p~~~• ~ng any equ~ty, tie~ w righ~ under or by virtve of this mo::yage; and in ~M ~ven~ w~d MORTGAGORS shall fw any ~~aw~ f~il to kerp the sa~d pem~sr~ w inaured, o~ fai) to deliver promptly any of said policies of insu~ante to ta~d MORTGAGEE, o~ fail promptly to pay futly any p~c~n~~m tlxrefw w in any reipect fail w perfwm, d~schuge, eaecuts, ef(ect, complete, comply with and ab~de by th7s coveosn~, a any parl herwf, sa~d MORTGAGEE may p~+ca a~~d pay for tucF~ imurance or any part thereof w~thout waivirg a affecting any optan. lien. equ~ry. w riyht unda o~ 6y virtue of th~s Mo~~ga9e. and tF+e full amou~~ of each u+d e~t~y such payment shall be immediately dus and psyabk ~nd sha~~ be+? interrst from the dars thereof v~uil pa~d at ~he rate ol n~ne per cent~m pe~ annum and to3etnrr w~~h such inreresr shall be secv~ed by tM Iien of fhis mor~y+9e. 1. To p~rmi~, commit or suf(er no waste, impairment w d~tcriwation of said property a u~y pu1 thereof. 5. To pay all and singutu the costs, cha~ges and expenxs, ~nduding • reasonable st~wney i fce u~d costs of abatracts of title, incu~red p pa~d at any time by said MORTGAGEE, becaus~ a in the event of the fa:ture on the pa~t of 1Fwt sa~d MORTGAGOR to duly, promptly and futly pe.form, d.scha~ge. execute, effect, complc~e, canp~y w~th and ab:de by each and every rhe supv~a~ans, sg~eeme+~~s, ca+d~~~o.+s. +nd coven+~~s of said pran~ssory note and ~hii ~o~~gage a~y w eirhe~, and sa~d cos?s. charges and expenses, each alld fwNY, shall be ~m~+~ediatety due and payable; wheehcr w ~+ot ~hrre be nor~ce dr mand, attempt fo co~lect a wit pend~ng; and the fult amou~t of each and evcry svch paymcnt sball bear interest from the date thereof until paid at the ..,~e of ni~e per ceotum prr annurn; and aH said costs, clwrges and eajxnus incurred az paid, togethet w~th such interest, shalt bs setured by the I~en of th+~ mortgage. 6. That (a) in ~he event of any breach of this Mwtgage or defeul~ on the part of rhe MORTGAGOR, a(b) in the event ~ny of sa:d sums of nwne~ herein referred ~o be not promptty and fully paid wirhin th~rty (301 dsys oe,et afrer the same severalty bcconx dve and payable, wilhou~ demand o~ no~~ce, or (c) in the event each and every the sGpulations, agreemmts, condnions and covenents of sa:d p~omluwy note and th~s mo~tgage a~y a ei~hea arc not ~uly, prompfly ar+d fulty prrtwmed, dacharged, execured, effected, cwnpierec, comp~.ed with and ab~drd 5y, then in e~ther w ~ny such evem ~he said ag gregate wm mentioned i~ said prom~sswy note then remaining unpaid. with ineerost accrued, and att moneys secured hereby, shall betome due and pay- eb;e for~hwith, or thereafte~, a~ the opr~on of said MORiGAGEE, as ful:y and compleTely as il •II oi ~he said sums of money we~e aginatly s~~pu:ared ro be pa~d on such day, anything in sa:d prom:ssory note or i~ this Mortgage to the con?rary norwi~hstand~ng; and tFKreupon o~ thercafter at the opuon of s~:d MORTGAGEE, wtrhout nonce or demand, suit at law a in equ~ty, therctore w thereafter begun, may be proucuted as if a!1 moneys sec~red hereby nad matu~ed pr~or to ds instiwuon. 7. That in the event that at the bc97nntng of or at any time pending any su~t upon this Mo+tgage, w 1o faeclose it, or to ~efwm it, or ta enforce paynKm of any claims he+eunder, said MORTGAGEE sha~2 apply to the Court having ~ur~sd=ction thereoi fw the appo~ntmero of a Rece~vcr, such Cou~t shatl icrthwith appoint a rcceiver ot ~aid r.wrtgaged p~operty all and sirgul~r, includ~ng all and singula~ ~he income, prof~ts, iuves and revenues from whatever s~urce deri~cd, each a~~d every of .vh;ch, it be~ng expressly unden~ood, is hereby mor~gaged as if spec~fically set (wth and deuribed 'm ~he granr~r,g and h abe~dum uauses hereof, and such Receiver shall have all the broad and etfecr~ve funce,ons and powers in anyw~se entrusted by a Cw?t to a Rtceiver, ar.d s..ch appoinfine~~t shall ~e made by such Court as an ad~nitted equity and a matter of absolute r~ght to said MORTGAGEE, and without refcrence to the eciequacy or inadequacy of the va:ue of the p+operry mwtyagcd or to thr sotve~y o~ insolveocy of said MORTGAGOR or the defendan:., and that such re~rs, profits, income, iss~es and revenues shall be appi~ed by such Receiver accord~~g to the lien w equity of sa~d MORTGAGEE and ~he practKe of such CouA. 8. To duly, pra..ptly and fully p~rform, distharge, execute, effect, complcte, comply wi?h ~nd ~bide by e~ch and every the stipulations, agrcements, cond~tions and covena~~s ~n sa:d promissory note and th~s mortgage set fw~h. 9. That ia the event the ownership of the mortgaged p~em~ses, w any part thereof, becoms vested in a person otFxr th: = n:QRTG4GC~R, ttie ~".ORTGAGEE, its succeuws and asslgns, may, wi~hout notice to ~he A:ORTGAOR, deal w~th such s~ccessa or success« in interest with .etcre~ce to this mortgage and the dabt hereby secured in the same manner ar.a+~h AAortgagw wahout ~n any way vitiating or d~schargirg the Nlortgagori liability here- under or upon the debt hereby secured_ No sale of the Fremises hereby mortgaged and no fo~txarsnce on the part of the IdORTGAGEE or its suc:essors or assgns and no eatension of the time for the pryment of the debt hrreby secured given by the !~{ORiGAGEE or its successo~s or au~gns, a~wll operate ro release, d~xharge, rnodify change a affect the oriy~nal liab~l~ty of the MORiGAGOR hereio, either in whoie w in par1. 10. It is specifically agreed that tirne is of the essence of this contract and that no waiver of any obli9ation hereunder or of the obligaYan sr c~red hereby shal~ at any time thereafter be held to be a waiver of the terms hereof or of the instrwnent secured herby_ 11. In add.rio~ to the fwego'~g ~r.onthty payments of pri:+c pal and ir.terest required by the prom~ssory no~e secured hereby, mortgagor covenants a~,d agrces to pay to m,o:rgagee ,n~th each monthiy pay: ~ent an add~~ionjl sum esr~n,a~ed by mortgagee to be equa7 to 1;"12 of the annua~ cost of tF+e follow- - A-All real pr~rty taxrs levi=~ or aszessed ayai•ist the above describcd r~at estate. B-Prcrc;~:ns en fire and windstorm ~nsurar.ce as here~rt reqv~red to be carr~ed on the improvements situate on tne above d¢scribed premises. C-Prem~ums on such mortgage gua~anry inwrance as mo~tgagee shall frcm t~me ro tlme deem fit to carry or? the loan secured hereby_ Mortgagee sfiail frcm time to r~me not~fy mortgagor ~n writing of the aR:ou~t due and payable Fxreundrr and suth aum shall tF.ereupon be due and ; ayable on the due date of the next monthty paym.em and each wcce._ive month thereafter ur.til mortgagee shall rwtify mortgagor of a change in such I ~•~ovnt_ Such sums s~a;f be app!ied by mortgagee toward the paymeM of real property taxes, insurance p~em.ums, and rnortgage guara~ty insurance .^.•emwmi. IN Y~ITNESS VVFIfREOF, the sa~d MORTGAGOR has hereunto set hi: har.d and seal the day and year first aforesaid. Signed, Sealed and deiivered in the presence o.`: ~ ~ ah l~ .9 fsea4 . Yi' . ~ ~ rjnlit, 1$~an - r ~ (SeaD T ST:.TE OF FLORIDA S5. ~JU"JTY OF St . Lucie 1 Before me personally appeared Robert D Scr~bner and I~ldred Scribner his wife, to me well known and known to n+e to be rhe ind"+viduals destribed ir. and who executed the fwegoing instrument, and acknowledged before me that tFxy e:etuted the same fa the purposes +he~ein expresud. And the said Mi 1 d d SCl'lbflel' r. fe of the said Robert D Seribner . a sepante and private e=am~nat:on by me ta4en separate and apart (rom her said 6usband, atknowledged to and befwe me that she executed said irntrument frcely and volurr rs~„y and without any corr.pulsion, constraint, apprehen ~~on j"~tesr of a fron her said husbsnd. - WITNE55 my hand and official ual thi~ day of A. D. 1974 ~H~~ . p r.ti:~•'c ~pED . ~ : FILE t~;~~NTY FL~• ~ Notary Public in er+d for t}re State of fbrid~ ~t~stp~~; i~ sT. ~~C~ _ a ; ~,'R?.$ My Commission expires~ _ ~ ~ ~ Retum To: ~ OG ~V = ; Lfl' CGURt ~ .tr • C'~ . ' ~ First federal Sawngs b toan Associat~on f~` ~ n• P 1 ~t::. . ' s J - O( Fort P:e:ce. - • - ' Fort P~erce. Fler]da 3~ 23 Ah ~ '.C! P:'~l'C. SiAT~ of flLtiRtBJ~at ts.RGE° ~ ~ Jw. ~ - .~t . ~SS~Gii El(PIRES ~AN~ 7. 1511y 7 f. ` Ev~is~ iif :+~?aica:? i~nkers 1uSur~? C~ Q• • ' p4 ; ' ; This Instrument Pre ared B RiChard K. Ka es ii ~tl~~,•`` First Federal Savings & L an Asso iation y p?y ~~H~~~' "3~ of Fort Pierce , F2orida ~~.3 `49t~ ~ Checked By soo~229 ~~2946 - ~ ~ ~f~',~ ~ - - ~,r _ ~ ~ , ~'~f~ ; ~ _ . ~ . ,