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To plac~ and con~inuously kesp on t?x bui:d~ngs now w hereafl~r ~ituat~ on ssid Isnd and on all puipmsn? and p~rlon~lly tovtr~d by thi~ malp- ' y~, with ~II premium• Ihrreon pa~d in lull, h~e insurancc in ~M usual standard polKy form, in ~ wm •Fp~owd by th~ MpRTGAGEE, a~d windstwm i~surancs in tM usual s~anda~d pol~cy form, in a sum approved by ~he MORTGAGEE, in such tompany or tompani~s u tM MORiGAGEE m~y . d'u~ctt and all firs ~~nd w~nds?orm inw~ance poGc;ei on any of sa~d buiid~np~, any ~nte.~+t ths~ein a put ~Mr~o1, in tM apqrpa~~ wm ~fp~said p i in ~~ccess thereoi, shal~ com~in ~i,e usual srandard morrgages clause w such othN cla~u ~s tl» Matyag~ may req~ir~, makinp rM lost ~ndH u~d po1F • cies, eath ~nd eve?y, payabls to said MOR~GAGEE ai ~ts intrrett may appea?, ~nd each and ~very ~uth poliq shall b~ p~omptty au.~n~d and d~'icHed to +ny hetd by said MORiGAGEE as fur~her secu~ity to u~d mw~ga~e dabt, and, nol leu than ren (10) days in adva~c~ of th~ ~xpi~atian of each policy, to d~- ~ IivN to said JMORTGAGEE a renewal thereof, toge~her with a receipt fw ~he premivm of tvch renewal; ~nd ~hero shall b~ no fA~ or windNwm inWr~ot~ , pl~cad on ~ny of said bucldirgs, any iroe.est ~hrre~n or part thareoi, unleu in ~he form snd wi~h tM lois payabk as •fw~~idj and in tM ~v~nt aey ium . of mor?~y becomes payable under such lic w IKks said 1AORTGAGEE shatl hav ~ t~ Po Y Po e he op on ro receive. and ~pply tM same on account o( the indebted- nea tecu~ed hsreby w to perm~t sa~d MORTGAGORS to receive and us~ it w any part thereof fw othe~ purpo~es, w~thout therrb~ waiving o~ ~mpair- ti~, ~ ~np any equity, lien or right under w by vir~ve af thia ma:tyage; and in the ~ven~ seid MORTGAGORS shall fQr any rsason f~il to kaap the iaid prem~ses w insured, w tail 1o delive~ promptly a~y of said polrcies of insurarxe to said MORTGAGEE, w fail promp~ly to p+y fulty any premium therefor w in any ' rsipect feil to pt~iwm, d~scha~ge, ezecute, effect, complete, canply with and abide by this covsnant, or any part hs~~of, ssid MORTGAGEE may pl~ce and pay for suth insurante or any pa~t thercof w~thout waiving or aifectinq any opt~on, lien, eqvity, w righl u~der or by virtw o( this Matpafle, and Ihe full amou~t of each and every such payment shal! be immediately due and payable •nd ~hall bea~ interest irom 1M dat~ Ihereof ~ntil paid st tM rate ol nine pe~ centum pet annum and to~e~he~ with suth interese shah be secured by the lien of this mOrtp~pe. . 1. To ptrmit, commit or suffer no waste, impairment w deterioration of aaid proptrty o~ ~~y part fhereof. 5. To pay all and singut+r ~he co~ts, charges snd expenses, including s reasonable anwney's fce and costs of ebttract~ of titl~, incurr~d ot paid ~I any time ~y iaid MORTGAGEE, betause or i~ the event oi the Failure on ihe part of the said MORTGAGOR to duly, promplly u+d fully perform, d~stharg~ execute, effect, complete, comply w~th and ab:de by each and every the stipulations, agreements, condit~ons, and mve~ants of said promissory not~ u+d thi~ mort9aye ~ny or ei~her, and sa~d costs, chsrges and expenses, esch end every, sMll be immediately due and payablt; whether or not tMr~ b~ notice d~ msnd, attempt to collect or suit pend~ng; and ~he tull amount oi each and eve?y auch payment shali bea. interest from the dat~ fhereoi until paid at the rate of nine per cer.t~m per an~~um; and all said costs, charges ar.d ezpenses incurred or paid, togrtixr wdh wch inltrest, ahall be s~tured by 1M lien of thiu mortpaya. A. That (a) in the event of any breach of this Mwtgage or detaul~ on tF+e part of the MORTGAGOR, or (b) in the evenf ~ny of ta7d ~ums of mon~y haein referred to be not pranpfly and (u~ly paid wisrin th~rty (30) days nex~ after the :ame seve~ally become due and payabk, witla~t demand w notice, or (c) in the event e+ch end every Ihe sliputations, agreements, conditions and covenants of sa~d p~omiuwy note ~nd this morlpapt any a athN a~e nol ~oly, promptly artd fulty periwmed, d~uharged, executed. effec?ed, completed. complied wifh and abided by, then in eithe~ p any wch ~vtnt IFa said ~g gtegate sum rntntioned in said promisswy note then remaini~g unpaid, with inte~eat accrucd, and all mo~eyt setured hereby, shall betome dw a~d pay- ab~e forthwith, w ~hereaftar, at ?he option of sa~d MORTGAGEE, as fully and corr.pletely as ii all of the said wms of money were oripinally iGpulated to bs paid on tuth day, anything in said promissory note or in this AAwt9age to the conrrary not«itKstanding; and ther~upon a fher~aher at the Option of said AIIORTGAGEF, without notite or demand, suit at law a in equify, therefore ornhereafter beg~n, may be ptosccvled as if aU rtqneys tecurad hereby had matured prior to its insGtutwn. . 7. That in the event tha~ at the beginning o( u at any time pending any suit upon this Nbrfgage, o? to foreclw~ N, or fo r~fwm h, w to enfap payment of any claims he~eunder, said MORiGAGEE shall appty to the Court having ~urisd;ction Ihereof fw the sppointm~nf of a Receiver, tuch Co~rt shall forthwith sppoint a receiver of aaid mortgaged prope.ty all and singuter, includ~ng all a~d s~ngular the income, profits, issues and revertues from wlwtever source derivtd, each and every of wh~ch, it be;ng ex~xess!y understood, ;s hereby mo~tgaged as ~f spec~f~cally set (orth snd dexribed in the p?antiny ~nd habendum clauses hereof, and such Recriver sha11 have all fhe broad and effective tunct:ons and powers in anywise entruated by a Court to a Receiver, and ~~ch appointmenf ahall be made by such Court as an ad~nitted equity and a matter of abiolufe rlght to taid MORTGAGEE, ~~d withoul reference to the' adequaq a i~adeq~acy of the vatve o1 rhe p.operry mortgaged w. to the sowency or fosolverxy o( said MORTGAGOR a Ihe defe~danb, aod that such renes, profiri, i~come, issues and revenues ahall be appl~ed by such Receiver atcord~ng to tF~e lien or equity oI said MORTGAGEE and fhe practice oI futh Courf. . ~ 8. To duly, promptly and fully p~rform, discharge, execute, effect, complete, tomply wilh and abtde by each and every the stipulations, agreemeny, j conditions and covenanrs ~n sa~d promisswy noie a~d th~s mortgage set iorth. f i 9. That in the event the ovmenhip of the mortgaged premises, or any parf thereof, becomes vested in s person other than ihe MORTCsAGOR, ths MORTGAGEE, its s~ccessws and ass;g~s, may, wiehout notice to the MORiGAOR, deal with such successw p sutteuor in interest with reference to this mortgage and the debt hereby secured in the same manncr as with ~Jlortgagor w~thout in any way vitiating w diuharginy the Morty~,ors' liability hert ' under a upon ehe debt hereby sec~red. No ssle of the p:emises hereby mor+gagcd and no fwbearance on the part of ths MORTGAGEE or itt ~uccessors o~ assigns and no extension o( the time (w tt~e payment of the debt hereby secured given by the MORTGAGEE or itt successws or aui~ns, sha11 operate ro release, discharge, modify change or affect the ar;g,nal liab:i~ty of ihe M.ORiGAGOR herren, either in whole or in part. ~ ' 10. It is speufically agreed thar time is of the essence of fhts contract and that no waiver o1 any obligation hereunder p of th~ oblip~tion se- O cured Fxreby shall at any time thrreafter be he:d to be a wa~ver o( the term.s hercof w of the instrument secured herby. y~ I 11. in add~tian to the foregol,g month!y paymc•nts ot pr~nc pal and intrres! required by the prom~~sory ~ote secured hereby, mortgsgor tovenants ` and agrees ~o pay to mo:tgagee vu~th eacn momh~y pay~„ent an add:r~onal sum rss~mated by mortgagee to be equal to 1/12 of fhe annwl tost of tlx follow- ~ ing: ~ A-All real properfy taxrs lev~cd w assessed agai~st the above described real estare. ' B-Premiums on fire and w~ndsto:m insurarce as hero~n requ:red to be carried on the improvtments situate on the above desuibed premises. ~ C-Premiums on such mwtgage guaranty insurar,ce as morrgagee shall from t~me to time deem fit to carry on the Ipan aecured hereby. ' Mortgagee shail from teme to rime not~fy morry~gor ~n v;r;~~ng of the amo~nt due and payable he~eunder and such sum shall therevpcn be due ~nd Q Fayable on the due date of the next monthfy paymenr and ea:h successive month thereafter ur.til mortgagte shall notify mortgagw of a change in wth amount. Such sums sF.all be applied by mortgag•:e toward the payn,ent of real p.operty taxes, insurance prem:ums, aixl mortgage guaranty intvrance ~ premiums. IN V/ITNESS WHEREOF, the sa~d MORTGAGOR has herevnto set his hand and seal the day ar~ year f' st afor id. V Signed, Sealed and detivered in the presence of: ~ ~ FdL' t.+r : ~=r.tr~R~~ / ~u j ` t ,;~~r,• . 4-f`~- ~~~~F.G;~:~ ,.u.~a~e5~ ~ ~llia Vargo r. ' ~ ~ *Lt: L •r. ; ~ ~~:i(T ~ n , r:r,-.- r9o a k a ~ ar ara . ~ ~ Q~.a j ~y ~ Bar ara Kaye Vargo ~ STATE OF FlOR10A ~ 10 2b /Y7 T5 ~L. } ss. ~ COUNiYOF - St ~-Lt~ip ~ ~ Befwe me penwwlly appeared W1111aID VdrQOs Jt. ; Barbara. K. Varao~/k/a~BaYbara Kave Varao his wite, to me weu known ,~+d known ro me ro b~ rhe individuels dexribed in and who executed the foregoing instrumeM, and acknowledged be{wa me that tMy executed the wrn~ for ths purposes i rherein expressed. And the sa~d- B a rba ra K V a r~L~~~a R a rha r a Ka;~ V a r nn rviie of tF~e said _ Wlll ld~ VaZ90. 1Z . vpon s seps?ate and p?ivate examinstion by me taken uparate and apart from her said husband, atknowledged to and befo~e me thal the execuTed said instrumeni freely and volurr tanly and withovt any compulsion, cor,straint,' apprehens~ ~ or fe~r of or from her said husband. WITNESS my hand and official seal th~s day of A D. 19_Z.S Notary P~bl'~c in the State of Fbrid~ ~t Lar~~ My Commiuion prq: Return To: Tlct~.y i v~~ic, S!oh of F:-•'io o~ :~rg+ Fint federol Savings 3 Loan Assocfation .r . My Cc:-..,',: c E: (+i. . . ~ 19?7 Q~ Forf P.erC~. ' Fort Pierce, F?onda Bou~:d by I?.ncr::_:r. [:?r 6 Cus~.~t/ Cw . _._:i~_ This Instrument Prepared By Gary R, Ell~rood r-. First Federal Savings 8 loan Association _ v~ . of Fort Pierce ~ F lor ida _ = . : ~ ' ~ ~ , BQ~ 244 e~~ 4~ - _ _ . : ~ Checked By ~ - ~ ' • ~ `w~C a ' .'v . ~ ` , sh ' _ _ ' ` 1~`••,r::~• s' . _ _ - - - ' ~3 h-}'^ l,~J~z. ke . . . ' . _ _ _ ,s_