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To plac~ and con~inuously keep on tM bu~ld~~:g~ now or hete~fter ~itvete on taid land ~nd on all cquiVrne~1 ~nd penonally covercd by this mortQ~ ps, with all pr~cniums thareon pa~d in 1u11, f~ra i~tur~nca in ths u~~al •ie~da~d poticy lo~m, Fn • sum ap~oved by IM MOR~GAGEE, and wind~twm inw~~nc~ In tF» ~swl ~unda~d po~~cy fam, in a wm ~pprored by ttk MORTGAGEE, in tucl? company w tompanie~ a tht N10RiGAGEE may ~ dinct~ and aIl .S'v~ and windstwm in~utanc~ {solicies on any of said buitd«,ps, ~ny io~er~~t iMrein w parl ~Mrwf, in IM aflpreya~e ~vm aio~e~aid a ~-~1 ~n excess thereof, ~hall contai~ tM usual standard mwlg~ge~ claufa or iuch other davt~ as 1M Mwtyayee may rpv~?~, ma?inp fM tou ~nder ta~d poli~ y~ ues, eath and every, piysbl~ b ~sid MORTGAGEE ai ~ts inrere~t may sppea~, snd each and eve?y ~vch polky shall be promptly ~ss ~ned a~d delivered to ~ny F?e~d by said MORTGAGEE ~s fur~her security to said mwtyaye debt, snd, not Icu ~Fwn ~cn (t0; dars tn adva~c~ of 1he expira~ion of each pot~cy, to de- I~ve~ to uid MORTGAGEE s ~enewel thereof, toge~h~x witF • rece~pt fw the p~emium of such ~enewal; and ther~ thall bt no f'ue w winds~o~m insuranc~ plx~d on aoy of aid buildings, any Interep thaein or part thereof. ~nieu in the form and witl~ the {oss payable as aforssaid: and in ~he evenl any wm ot money becomes payab:s urxbr such policy o~ poi~cies aid MORTGAGEE slwll have th~ op~~on to ~ecei~a and apply tM sam~ on ~ccount ot the indib~ed- ness secured hereby a to pe~mil seid MORTGAGORS lo rtteiva and vse it a eny part thereof tor other Furµoses, w~t~wut Ihs«o~ waiv6~~ w unpair- . infl any eq~ity, lie+~ w right under w by virtue of 1hu mo:sgage; artd in the e~rent said MORiG.4GOR5 ~hall fa any reason (ai) Io keep the s~id p~emise~ so • insu~ed, o? fail to delircr promptly any of ~aid pol~ciei of insurance to u~d MORiGAGtE, or fa~l promptly to pay fully ~ny premiv~n therelor w in any respect fait to perfwm, d~scha~ge, execute, e«ect, canp:ete, comply wirh and abide by thls covenant, w any part hereof, uid MORTGAGEE m~y placet and pay (a such insurance or any part thereof without waiving or affec+ing any option, lieo, equ~ty, or right ~nder or by virtw of this Nbrtgags, a~'the t~ll amount of each and every svch payment shell be ivunediately due and payable ar,d shall bear interest from the dafe thereof ureil paid at ths rate ot n~ne pe~ crntum per annum and to~rthc~ wifh su<h interest shali ue srcured by lhe lien of this mortgage. 4. To permif, commit w sufier no waste, impairmenl or deteriorafion of said praE;erty w a~y part thereof. S. To pay all and sinyular the toats, ch~rges and expenus, inciuding a reawnable anorney ~ fee and costt of sbstr~cts of tiNe, incurrad w paid N any time by said MURIGAGfE, betause a in the event of the (ailure on ~he part of the said lIpORTGAGOR to duly, promptly and fvlly perfpm, d~stha~ge, execWe, e(~ect, comp:nte, comply w~th and ab:de by each and evmy the stip~,lat~ons, ag~eemenq, conditiont, and coveoanes of s~~d promissory note and thit mor~gage any or e~iF~, and sa~d costs, ch~rgea and expenses, each and every, shatl be ~mmed~ately dw and psyabk; whether o~ not there bs r+otice ds ~,and, auempt ~o cotfect w suit pend~ng; and ~he full amount of each and every such payment shall bea~ interest from ths d~te thereof until paid ~1 fFu r.,te of nuu per crotum p.:r annum; orx: all said costs, chargas and expenses incurred or paid, toyetker with such interesl, ~MII be secured by the lien of this morfgage. 6. That in the event of any breach of this M.ortgage w defautt o~ thr part of the MORTGAGOR, w(b) in the lvent any of satd sums of nwney herein ~efened to ba not prompNy and (ully paid wi~hin th~rty (30) days next afre~ the same severatly'become due snd payable, without demand o? notice, or (c) in thr event each and every the stipula~ions, agreements, condltions snd covena~~ts of aa:d promiuory note snd tfi~s mortgspe any p e~~her are eat i~!y, prompHy and fully perfamed, dxhargecl, ezecv~ed, effeaed, comFte~ed, ~ompiied wrih aod abidsd 5y, then in either or any such event the ss~d aQ g~egate sum mentioned in said promissory note then rema~ning unpaid, with interest accrued, and a~l moneys setured heteby, shstl becortk due and pay- ab:e forthw~th, o~ ttierea(ter, a1 Ihe opt~on oI said htORTGAGEE, as fuiiy and co.r:p~etely as if a!1 of the wid sums of money ws~e wiginally sripulated to be pa:d on such day, aay~hi~g in sa:d~ prommay note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of s,~d MORTGAGEE, without no?ice or demar.d, suit at law w in equily, therefwe or tFureafter begun, may be prosetuted u if •II mone~s secvred hereby ned meeured pr~w ro in instilu:an. 7. That in the event thaf at the beginning of or at any ti~ne ptnd~ng any suet uFon this Mortgage, ar to fyreclpse M, or to ro(wm it, or to enfprts Kayment of any claima hereunder, said AM1ORTGAGEE shall apply ~o the Court hav~ng ~u: ~sd~ctfon thereof for the appointmeM of • Receivd, such Court shall i~-rhwith appo~nt a receiver of said mortgeged prope•ty all and singular, incl~d:ng a~l and sir~uiar the inconx, profits, issues and revenues from whatever s_urce derived, eath ancl everY of wh~ch, i~ being express?y unders!ood, is hereby mor+gaged as if speufically set forth and dewibed in the graMing a~d t~abendum clavses h.:rrof, and such Receiver sna~i have alt the Moad and effetnve tunc!:ons and porrms in anywise eMruated by a Cour/ to ~ Receiver, and ::ch appointrrxnt shall be mede by such Court ss an admitted equity a~d a matter of abscture righ! to said MORTGAGEE, ~nd withouf ~e~erence _to the • adeyvacy or inadequacy of the value of the property mortg,ged or to the socvar.cy or in~oivency of said MORTGAGaR p the defertdaMS, and that such e~!s, profits, income, iu~es and revenues shaU be appiied by such Rece~ver atco~d~~:g to the lien or equity of said MORTGAGEE ar.d the practice of such Courf. 8. To du~y, prumptly and fully perform, discharge, execute, effect, complete, compSy with and abide by each and every the stipulatims, agrcements, co^ditions ard covenems in said promissory note ai:d sh:s mertgage sef forth. 9. That in the event the ow~e~ship of the mortgaged premises, w anv part thcreof, becomes vested in a pe?son otFier than the MORTGAGOR, fhs :'.O4TGAGEE, its svccessors and auigns, may, w~thou~ norice to ~ha MORTGAOR, deal with such succrssor or successw in interest with refere~ce to this .ro•rgage and the d~b+ here6y aecured in the same n,anner as w~~h h'tortgagw w~thout in any way vitiating w discharging the Mortgagora' lisbility herr ;,cder or upon the debt hereby sewred. No sale of fhe prem3es hereb~ mortgaged and no forbearance on the part of the MORTGAGEE or its successws or ass~g~i and no extension ol the iime fw rhe pa~ment of the debr hereby secured g~~en by the MORTGAGEE or its successors or aulgns, shall operate re ~e{ease, d~scharge, modify change or affect the orig;rwl fiao:i~ty of the MORTGAGOR herein, either in whole or in pe~t. 10. It is spedfrcatly agreed that r~r.~e is o1 ~he essence of this comract and that no waiver of any obligation hereunder or of the obtigation se- c~.,~ed hareby shal~ at arty time thereatter be he:d ro be a vreiver uf shz te:m~ hereof w of the instrurtwnl secured herby. I1. In add:r,~ to the fo+ego n~ monthly paym;nrs of p.;n~ pai and interest req~ired by 1he promissory nole secured hereby, mortgagor covenants i•.d a9rees to ray to mortqagee vvith eacfi m.onthiy pa~r.:ent an ad:L:~or~at sum as~: naeed by mortgagee to be eq~al to 1 j 12 0{ the an~ual tost of the follow- ,,•a: A--AI! rea! property ~axes lev~ed or assessrd aga~~~st ihe a~ove descri6cd rral es;~te_ S-Prer-.urns on f~re and windsto~m ~r,surar.ce as he~c~n requ:red to be carr~ed en the ~mproveme~ts situate on the above described premises_ G-Pre*nio:^: on such mort~:ae gua.anty ir.wra~.ce as morrgagee shai! from t~me ro t+~ne deem fit to carry on the ban secured hereby. :Aorrgagee s!~a:i f~om r~~*:e to T;me noeify mcrry;g~- ~n w.:nng of the a~.~ou~t d~e and pavable hereundrr and such sum shalt thereupon be due•a~d =.ahfe on the due date of the r.ext monthiy paymar.t and e~:h successive mo~Tl~ thereafter ur.til mortgagee shall notify mortgagor of a change in such ' ount. Su:h sums sF.a;l be appiiec! by mortgagee ib'.~3'f~ the paymem of reaf prope~ty taxes, insurance prem:ums, and mwtgage guaranty insurance . e •r,i~ms. i IN VlIiNESS WHEREOF, tFe said MORTGAGOR has he:eunto set his hand and sea! the day a ~ar first I 5' ned, Sealed and deliv ed in the presence of: ' _ ~ ~ o ~ ~ - •n ! - e s~o ~ - ue . ~s~.n ~ - - ~ S:ATE Of FLORIDA ~ ~ I SS. . ~ C:~UNTY OF St . LLICl@ r Be(ore me personally appeared _ HOWa 2d Randolph Aekett and ~ _ SUC D. ACkett his w~te, to me well known and k~own to me to bs r~,e ind~viduals described i~ and who exec~~ed the foregoing instrument, arsd acknowledged befwe me that they executed the same for the purposes ~ rherein expressed. And tFx said_ Slle Aekett € Howard Randol h Ackett ~ ~..fe of the said P t - vpon ate arid priwte .am~nat~on by me taken separate and apart from he? said husband, scknowledged fo and before me that she ezetuted said irotrv nlt r ly ~nd volun- ~ ~iy ar~d w~thout any compulsion, constraint, apprehension, or fear of w from her uid husband. ' ~ y? j, ' ~ `NRNE55 my hand and official ceal this__ 7th da of u~L1St , 7~ Y . ~ ~ No ublic in a fw the Sta?e sdF~ ~ lsr F ~ y O(I1l1113f1Of1 !7(p1fli: . F ~ Return Ta ' . ~+J, • . ~ i : irst Federal $avings b Loao Associat~on Np~py py~k SIaN of Fbrldo ~~O~ i'• ~ 1 a ~ Of Fort P erce. (~~misseoe Expites Jan. 17, 1974 ~ Fort Pierte. Florida ~ At1'lEflt+i/1 b C-~~"r .,`r~','~i+;isi ii»N'`~'~,,`` ~ - fIlEO ~MJ RECOACEO . - ~ ST.LI~C~~ .3UNt`~ FI.A. . ~ This Instrument Prepared ByJ. Hal Roberts, Jr, gp~~- -•~~~;~s ~ = First Federal Savings 8 loan Association C' ERx ~ LWt COURT ~ of Fort Pie~ce , Florida 33450 Pf~f~~'1"" ~ 9 A!~'T5 ~ Checked By ~r' ~ ~ . ~ ~ R z42 ~2307 - sooK p~ • c sw ~ - ,m } - - _ _ ~ - . . ~ ~