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To ptxe snd continuouily keep on ~he b~i:d~~~gs now a hareaftK ~i?uat~ on iaid land ~nd on all equipme~t ~nd peryonally covered by thif ma~p~ ege, wllh dl premiums Ihereon pe~d in (ull, f~re in~urance ~n the utuai atanda~d pol~cy form, io • sum •pprowd by 1M MORiGAGEE, and w~nJs~am ~ ~n~uranc~ in ~M wwl sundard po6ty form, in a sum app~oved by tM MORTGAGEE, in s~ch tomp~ny o~ tompaeie~ as ~hs MORiGAGEE may ~ d,~ecr, •nd all }ire and ~v~ndstwm inswance polK~es on any of sa~d buitd~ngs, ~ny interes~ there~n w part rherw(, in th~ a99rayate wm ~faesaid or ~n excess ~hereof, shatl coniun ths usual a~ands~d moc~ga9e~ clavse o+ ~uch other c~ause u IM Morty~gee may reqvu~, malinp tM loss unJe~ ~a~d polr ~ c~es, each and e~ery, payable to said h10RTvAGEE as ~ts i~te~est mey eppear, and each and every such poGCy ~hslt be promptly au gned and de~ivertd ~o . en,r held by sa~d MORTGAGEE as furehar srw.ity to sa~d morlyage deb1, and, ra~ less tMn ten (10) days in advance oi the e¦piranon oi each policy, to dr + I~~~~ ro seid MORTGAGEE a renewal thereof, toye~her rviih a rece~p~ fw the prsmi~m ot such renewal; ~nd ther~ ~hall b~ no fire or wlnds~o~m insurar+c~ pleced on ~ny of zaid building~, •ny imerstt thera~n w pa~~ thercwf, uniess io ~he form a~~d wfth ~F+e ~oss payabie as afaesaid; +nd in thc e~eM any ium of monsy become~ payable vnder such policy a pol~cies said MORiGAGEE ~haU hav• ~ha optwn 1o reteive and ~pply ths same on account of the indabted- , nrss secured hereby M to per~nit said MORTvAGORS to rtceive and uss it w any part thereoF iqr o:hrt Hu~t.osrt, w~tl+o~t ~hc~~ w.;:+:•+g or ~mpair• .T~•~~ ~ny any equity, lirn o~ righl undr~ or by virtue of this mo:!yage; and in the evrnt sa~d MORIG~IGORS shall for any reason fail Io keep ~he sa~d premises so t' nsured, or fail lo deGver prompHy any oi sa~d pol:ties o) insuranc~ to said MORTGAGf.E, a iail promptly Io pay fully any premium therrfa w in a~y L~ rrip ~t fail ro perfpm, d~scharqe, execute: ~ifcu, cm~p'.ele, comp{y wi~h and abide by ?h~i tevenant, a any part he~eof, said MORTGAGEE msy pl~te and ' r" r fa wch insurance w any part ~hereof w~rhou~ waiving a affecting any op~~on, flzn, equ~+y, a r~ght under w by v~rtue of t6is htaigaya, ar~d 1hE !~!t an,ount of each and e~ery such payment shill be immediatcly due end payable aru! shatl brar interest from the date thcrcof u~til paid at the rate ol ~ per centum per ann~m JIl(I iG~C:hur Nith s~ch intercit shall be secvred by fhe lien o1 this mortgage. 4. To permit, tommit w suRer no was~e, impairmeot w deterio~etion of said p?operiy o? any pa~1 thereoF. 5. To pay all end singular the coafs, charget and expenses, ~ncl~d~rg a rease+nable aNwney's fee end costs of abst:acts of title, incur.ed w paid a~ .~,r tlme by said A10RiGAGfE, becaux er in the evem of the ta~lure on ehe par~ of ~he sa:d MORTGAGOR to duty, promptly and futly perform, d~xharge, _.ccuee, effea, com~lete, comply wnh and ab:de by eech snd every the stipulaf~ons, agrre~nents, condi~~ons, and covenants of taid promiswry note and ~h~s artgage any or ei~her, and satd custs, tha~ges and expenses, exh and eve+y, shall be immedialely due and p~yable; whethe? o~ not there br notice d~ attempl to co~lect or suil pe~d~ng; and tt~a full amounl of each and every s~ch paymem shall bear iNerest trom the date lhereof until p~id at the ~.,t nine per cen:~m E:er arnwrn; anc ~ii sa~d costs, c6ar3rs anJ ~,cpenses incwred w paid, together wuh such interest, shall be secured by the lien of th~s ~„orrgage. 6. Thar (a) in fhe event of any b+each of lhis Mortgage w defavlt on the part of the MORTGAGOR, o~ (b) in the evenf ~ny of sa:d sums of money her~in referred ~o be not promptly and fv~~y paid wirhin ~h,rty ~30) days ne,ct at~cr ~he same severally become due and payable, without demand or notice, _r .c! in the evanr each and evrry ~he st~pu~afions, agreemeot~, condit~o~~s and co•:enants of ss:d pran~ssory note and thh matgsge any a either are n~ f i.,:;, promp~ly and f~+ty ,erSormed, dscharged, exewred, effectec~. tomp:ered, compi~ed w~th and ab~ded by, than ~n either or any svch eveM the said sg ~"'3are sum mennoned in said promi;sory nute then remain~ng unpa~d, with mtere;t acuued, and all mone/s secured hereby, shall beccxne due and pay ~ c forthwith, o. thereafter, at the op•~on of s>:d MORTGAGEE, as fu11y a~d comple~ely as if a!I of ~he uid wms of money were orgina~ly s~~pulated ~ be ~;d on wch ocy, anything in sa.d pro•n~ssory no~e or i~ this Mortgage to the .onnary notwithstanding; and thereupon a therealter al the option of s•:+ 1.tORTGAGEE, w~:F.out no'~ce o+ CICITIdII(~, wit at law or in eq~ity, therefore or thzreaher begun, may be prosewted as if all moneys setuted hereby ; matured pnot to rts institvt.on. f 7, That in the event that at the brginn~~~g e! or at any t:me pend7ng a:y su~t upon this lNortgage, or to foreclose it, or to reform if, or to ertforce ,.:e~,f of any cfa~~ns hereurder, s~id .titORTGAGc"c shali apply to thr Court havi~:g ;u~~sd:c~~o.~ thereof for the appointment of a Receiver, such Court shall ~•.~:~h appoinf a receiwer of sa~d mortgag_-d prope~~y alI and sing~lar, ir.c;~J ng ,,~1 and si~gu~ar ~he irtcome, profits, iuues and revenues from whatever d~nved, each and evecy of wh~ch, i~ be~nq eipress3y unde~stooO, is hereby murrg,jycd as if spec+f~tally set forth and deuribed in fhe yranting and ,::.dum cavses hereof, and wch Rece~ver shall F:~ve all the brpad and efiett~ve fur.ct.cns and powers in anywise entruated by a Courf to + Reteiver, and s_~, appointment shall he made by such Ccurt as an ad:~~itred equity and a mattet of absolute right to said MORTGAGEE, and without reference ro fht aoacy o~ inadaquacy of the vaive of the prope.ty mortgaged w ro the so..c~cy o+ :nsciwenty o( said MORTGAGOR p the defendants, and that such •s prafits, irxa-nr, :zsues anrJ revene:as sha:! be appl+ed by such Rrc~i.er ac;ord~og ta the lien w equity of wid IWRiGAGEE ar.d tfie practice of such ~:,,rt. 8. To du!y, promptty and fully perform, distharge, execu~e, effect, comp~ete, co•~,ply wirh and a6ide by p ch and every the stiputations, agreements, ~:r;cns and covenants m sa~d promissory no:e and ih~s mortg~ge set iorth. - 9. 7hat in the evect ~he owne:ship of th^ mortgaged premises, or any part thereof, becomes vesfed in a person other than the MORTGAGOR, the .'QTGAGEE, its successo~s and azs~gr.s, ~tiay, w~th~ut no+~ce to the `:ORiGAOR, dea! w~th such suctessw or suctessor in intecest wi~h re(erence ro thi~ ~;age and rhe dcot hereby ~eCVreCI i~ ri:e same rt:anncr as w~~h 1Ao~rgaga w~thout in any way vihating or d~scharging the Nbrtgagws' liability herr or own the drbr hereey ;rcvr~~d. No sa:e o( tke Frem;ses hereby mortgaged and no iorbearance on the part of tF~e MORIGAGEE or its successws _ -,s.3~~s and no extens~o~ of tne nme fo. rhe paymFnr of the deb~ he~eby secured given by ~he MORTGAGEE or its wccessors or assigns, shal) operate ~ase, d~scharge, modity chan~e or affect the oriymal I;a~;{:ty of rhe h',"vRTGAGOR herain, either in whole or i~ part. 10. It ~s speufical!y .greed that teme is oi tFe essence of th~s contract and that no waiver of any obligation hereunder a of the obligatior? se- u~,d hareby aha:i at any time thereefter be he:d to be a wairer of the terms hercof or of the instrument secured herby. 11. In add.fic,~ to the iaego ng month!y paym~~ts of princ pai and in?erest required by the prom~ssory note sctured hereby, morigagor covenanfs : c3rees to pay ro mo~ig~gee .,~rh each ~.,oa+h"y Ha~~rent an ;dd~~:onaf su.n es!~~~a~ed by mwtgagee to be equal to 1%12 of tfie annual cost of tF?e follow- A-Ail real pro~~t~ 13w2S le~ie~ or assrssed dCJ3rl5t the auove desc~ibed real estate. B-P:~~~•~u~~s on fae and winc~StO~~r. inwrarcp as nerri~ ¦rqu~red to be carried o.^. th~ improveme~ts sifuate on the above destribed premises_ C-Pr~m~~r,.s o~ wch morig_qe quaranty sura~:ce as mo~egagee shall from t:me to time deem fit to carry on the loan secured hereby. h".o+t~agee sh,'i '.om time ro ~~~~.e ner;(y mcrtg~g_r in writ;~zg of the a~s.o~~~t dve and payabte herevndtr and such surn sfiall thereupon be d~e and t,!r on the d.;r cior~ e.' rh: ~~_tt •~:0~~?1~:i p.;yrt~ent and e.;ct, succesa~ve month thereaf~~r ur,ril mortgagee shall notify mortgagor of a change in such ~ y ,~~r. $~cfi wms sF:a~i i~e ap~i,ed by martgagee roha:d the payment of real property taxes, insurance prem:ums, a~id mortgage guaranty insurance ~ ~ ^:s- 's C Iti :11TNESS LVN~REGF, rhe sa~d A'.ORTG~4GCR has hereunto set his hand and sea! the day a year first atorewid. ~ ~ ~ Signed, Sealed ar,d detivered in the presence of: 1 Ar(} A 9Ap Q ~ J~ ! ' ! ' ~~~l~~lE C41~r~ /~A, ~ lti t-~?~ se,q ~ - _ ~ ~Q ew ~oi ~ - - CIERK C:RCUI? OQ1M~ oze e ~4cMi l li~?n ~ ~ _ . , prrpRO VERl~1~(Iw~r~ f Sesq ~ %:t ' ~ ~ . ~ ` ' C~rria McAtillian ~ ~ ~ J~ 2Y 3~~ PM Z5 ~ ~ TE Of FLORIDA' ~ ~ ~ St . Luc ie ~ _ ~ ~ ,•~rv oF - ~ ~ Mozelle ~tc~fillian = Be~ore me personaiiy appeared _ a~ ~ _ _ Carrie McMillian ~ ~ . his wife, to me well known and known ro me to be ~r.divid~als described in and who eaecufed the fwegoing instrument, and acknowledged beforo me that they executed the s~me for the purposes ~ expressed. And the said_Car=le :~IcMillian ~ 5 c of the said _~O'L_g11Q McLfillian upon a upaiate and privats ~ ~at~on by me taKen separate and apart from her said hus~and, acknowiedged to and before me that she executed said instrument freely and voluo- ~ • ~ and' w[thout any compulsion, constraint, apprehensio ot fear of or from her said husband. ~ `NITNESS my hand and offic~al seal this---'~ day of Januar A D. 19 75 ~ I ~ ~ ~ ~ Notary Pubfic in and for t State o {orida et large My Commission e:pires: r: Return To: ' _ ~ ~ - r:rst Federal Savir.gs a loan Asso~iat;on ~ Of :ort P Free. - ~ Fort Pierce, fl~rida •~:i; p . l , . J / j~~j . ~ ~ -.v ?ii~i:~it' . ~2 _ ~ This Instrument Prepared By ~ohn 1+'. Collins ~~.j'~ ~ . ~ First Federal Savings 8~ loan Association ~,~~~i~~l~ ' ~ of Fort Pierce , F lor i da ~ '~~p~~ ~ ~ ' s ~ . ~ ~ Checked By ~ - - ~ ~ a ~ R +{~`,x~~~ js - BOOK~~ PACE~,8~6 ~ ~ , - _ - - - - ~ _ . . - ~ _ _ r