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To plx~ ~nd continuou~ly ke~p on th~ bui;din~s ~ww o~ Mr~af~a si~wt~ on sa~d land and on di equipn+~ro ar+d ptrwn~lly covN~d by thi~ mortp~ ap~, with ~11 p~~miumf 1har~on pa~ in fu14 i'ue i~su~~np ia th~ usual sundud policy form, in ~~um ~pp~ov~d by tM MORiGAGEE, ~nd windstam insuru+c~ In +M usual ~~andud pol~q 1am, in •~um approv~d by tM MORTGAGEE, in avch company or compan~~s u ~M MORTGAGEE ~nay di~ectt ~nd all fir~ ~nd w~nd~r«m iru~n~a policies on any of aid build~rps. ~ny inkr~~t ~hkNn or part tMrwf, 1~ tM apprep~~~ wm afor~id o~ In ~xc~ss tiureoi, shall contain ~hs uwal stand.ud mor~ypN cl~us~ u iucM oiha cl~ua~ ~s tM MortpayN may rpuu~, m~Mi~p tl+~ lou undN uid pdF ci~s, eath u~d ev~rry, payable ro said MORTGAGEE as it~ intHest may app~a~, ~nd e~ch ~nd tve~y s~cF~ po~~cy ~hall be p?ampUy ait:yned and d~liwred to ~ny heW by s~id MOltfGAGEE s~ fw~her ~ec~rity to sa~d ma~y+9~ d~bt, and, oa kss tMn ~~e (10) days in ~dvance o1 tM e~cpir~uon of ~ach polccy, ro dr liw~ fo s~id MORiGAGEE ~ re~ewal thereof, ropetMr with • ractipt fw rht pr~mium of suth r~n~wal; and ~he?~ shall b~ ~o fin w winditam Mwra~+u placad on ~ny of said buildinps, ~ny Inte.esl thaein or pa~? tM~wf, unless in tM form ~nd with tM loss payabl~ ~s afa~salds and ln tM wtnt ~ny swn of nan~y becanes payabk ur~ such policy or polkies said MORiGAGEE shall haw tM oprion to receiw and sppty the s+m~ on ~ccoun~ of tht ind~bud- : mu secur~d Mr~by a w permif said MORTGAGORS to receivs and u~ it or any part thersoi fw other purposes, withouf ~he~eb/ weivi~ip or ~mpain ' inp a~y equ~ty, li~n or ryht unde? a by virtw of this morryay~j and in tM event a~d MORTGAGORS sMll fa aey rtawn fail to kNp tl+~ ~aid pnmis~s so , insured, a fail to delive~ promptly sny of said policies of iniur~ncs to said MORiGAGEf, o~ fai! promptly ro pay fully any premium tMnfa a ln ~ny respest fail to palam, diuharge, ~xacute, tfftd, complete, comply with ~nd ~bide by this covenant, a ~ny part hereof, iaid MORTGAGEE m+y pl~cs ~nd _ i pay fw such Irnu~ancs or ~ny p~n thereof w~~hout w~ivinp w•ffectinp ~Mr option, lian, equity, w right unds~ w by vi?tue of this Matp+9~, u~d the ; full amount of e~cA H+d tvery sucA payment shall b~ ima+etliately du~ and pay~bls and shall be+r imaest from 1M dat~ tMreof ~ntil paid at tM ut~ ol ,y, ' nin~ p~r tenlum pK ~~num and together with tuth intereat ~hall bs secured by tIK fien of th+s mort~ay~. „ 1. To permit, commit w wffa no waste, impairment w deterior~tan of a~id property w any part thsreof. 4 5. To pay all and sinpular the costs, chuprs ~nd experues, inclvdinp a rtasonabk attaney's fts snd cosn of abstract~ of titl~. incvrr~d w p~id - ; any time by ~aid JNORTGAGEE, becauu a in the ~vMt of 1h~ faiiwe on IM p~n oi the said MORTGAGOR to duly, promptly ~nd fully psrforny dischuq~ ~ execvte, effect, complete, comply w~th and ~b:de by ~ach and every the sttpulai~onf. ~yreemsnts, conditioru, and covenann of t~id promissory noM and thi~ ~ mortgaps u~y w eitisa. ~nd said costs, ch~rye~ and expenies, eath ~nd ~very. shall be Immediately dw arid psyabte: wheth~r p not tMr~ b~ notitt d~ ~ mand. ~ttempt to co1kN a suit pend~ng: and the fult amo~nt of each and evKV uxh payment ~Full bea. Inter~st fram the date tl+sreof until paid tl the rate of nine per centum per aru~u~r?; sni3 all wid costt, charye~ and expenses incurred w paid, topether with such intKpt, ~hall b~ aKUred by tM li~n of thit mwt9ay~. # 6. Tha• (a) i~ ths ~vent of eny b.exh o( thit Nlortgage w defaul~ o~ the p+r~ of the MORTGAGOR, or (b) i~ the wer?t ae+y of s~N! ~ums of mon~y ~ herein r~ferr~d to bs na p~omprly and fully paid within thirty (10) days rKxt afte. the sanx severally become dw ~nd p~yable. wilhout damand p notic~, or (c~ in the event esch and every the st~pulatioru, agracments, cond~tions aod covenanb of s~~d promissory note aad th~s mortpap~ ~ny or titFwr art twl iuly, promptly and fully pe~fwmed. d~scharged. executed. effected, completed, complied wi~h and ~bided by, thtn in ~ithe? w ~ny ~uch ~vent tM aid q~ ~ ereg~te wm mentioned in ssid promisswy note then rema+ning unpaid, with intereit acuued, and afl moneys secured her~by, shall betorM dw and p~y- able fathwith, or thereafrer, •t the aption of aaid MORTGAGEE, ~s fully and completely as it all ot fhe said wms of naney wert orpi~ally stipul~ted to be paid o~ such day, anything in said prom+sswy :~ote or in this /Nortgage to the contrary notwithiHr~dir?p; a~d the~evpw~ ot thtrt~ftM at fM optiw~ of utd MORTGAGEE, wi~hout not~ce a demand, suit at law or in puity, there(we or thereafter beg~n, may b~ prosacuted u if all moneys acurd haeby had mstured prror lo its institution. 7. TMf in the event tMr ~r ~he begu+ncng of, w st any time pending ~ny su~f upon thii Mortgage, or to faeclos~ it, or fo reforrn it, p to enfwc~ payment of ~ny clsims he~evnder, iaid MORTGAGEE shail apply to the Cou.t having jurisd~c?ion thereof for tlx ~ppointment of ~ Reteiver, wch Co~~t shall Forthwith appoint a ~eceiver of said mottgaged pro(xrty all end singvlar, intlud~ng all and singular Ihe intome, profits, issuei and revenues fran wiuhvat wurce derived, each and every of wh~ch, it beiog expressly understood, is hereby mo~tgagcd as if spec~ticalty set iwth and dewibed in tF?t prant'uq ~~d habendum clauxs hereof, and such Receiver shall F+~ve all the bro~d •nd effective functions and powcrs in anywiu entrusted by a Court to a Receiv~r, and ~uch appointment shall be made by such Court aa an admitted rquity and ~ matter oi ebaotute riyAt ro said MORiGAGEE, snd without reierence to tht adequscy w inadeqwcy of the value of the property mortgsged or to the soivency or insotven;y of taid MORiGAGOR o~ the defendants, ~nd that such ~ents, profits, intorne, issues and revenves shall be applied by suth Reteiver atcording to the lien w equity of said MORTGAtiEE and Ihe pradit~ of such CouA. 8. To duly, promptty a~u! fully perfwm, d~xtiarge, execute, tffect, compkte, comply with snd abidt by each and every the stipulatwns, ayreemenb, condit'aru and covenants in sa~d promissory ~ote a~d this mortgage set iwth. 9. That in the event the ownenhip of the mortgaged premises, or any part the?eof, beSomes vtsted in ~ person other th~n the MORTGAGOR, ths MORTGAGEE, its wccesson and ass~gns, may, without notice to the MORTGAOR, deal with such succcuw or successor in interest with reference fo this mongage and the debt hereby secured ie the same manner as wi~h Mortgagor without in any w~y vitiatirg p dixharging the Mwty~gws' liability Mra under or upon the debt hereby secu~ed. No ssle of the prem~xs he~eby mortgaped ~nd no iabearance on the part of the NIORTGAGEE p iri sva.esson w essigni and no extens~o~ of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its s~cussai or ~uig~s, aMll op~rate to rekase, d~uharge, rtadify thange w aFfect the orginal liability of Ihe ARORiGAGOR herein, either in whole w in part. 10. It is spec~fiully agreed that Yrne is of the essence of this contract e~d thst no waiver of any obligation hereunder a of 1M obliy~f'qn se- currd hereby shall at sny fime thereafier be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~tion to the (orego:ng monthty payments of princ'pal and interest required by the promEssory note secwed hereby, mortgagor toven~nts ~ and agrees to pay to mortgagee with each monthiy payment an add~~ionsl svm estimated b~t mortgagee to be equal to 1; 12 of the annua~ cost of the follow- ing: A-All real property taxrs kvied or assess~d agaiost the above desai?~ed real estate. B-Prem~ums on 6re and windsrorm inwrance as herein requ:red to be urried oo the improvements s+tuate on the above dauilxd premises. C-Pre~r.iums on such matgage guaranty insurar~ce as mortgagee shatl from t~me to time deem fit to carry on tM loan secured hereby. Mortgagee shalt irom time to time not~fy moregagor in writirg of the amount due and payabk hereunder a~d such wm shall tF+ertupon be due ard , Fayable on the due date of the next month!y payment and each successive month thereafrer ur,til mortgagee shall notify mortgagor of a change in such ? amount. Such sums sF.a:l be applied by mortgagee to-aard the payment of real property taxes, insurance p~em:ums, end mortpsye gusranfy i~sursnte premiums. I IN WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and sr~first aforesaid. Sgned, Sealed and elivered in the p~esence of: ~ ~ ~ ` ~ - - ~ ~ „J David M. Hakes „ , ' 0 ~ Sa y a s n ~ STATE OF fLORIDA couNn oF St . Luc ie P ~ David M. Hakes ' Before ms penona{ly ~ppeared < Iqd Sally J. Hakes his wife, to me well krawn and Wwir~lsl~~ 1o D~ ~ rhe individwls desaibed in and who execured tF?e fote9oing instrument, end acknowtedged befwe me tMt they e:ecuted the same1~'~ ~ therein exprossed_ And the sa~d Shcl}/ .1. Hakes ~1 . .7~ ~~i_ ~ ~ ~ r.~re of ~h. said David M. Hakes ~ examinstioo by me taken seFar~te and apart from her ssid husbsnd, ~cl.nowledged to ~nd befwe me that she executed said instna»~n retl~^'a~l~ vo4~ ~ ~ rarily and without a~y compulsion, constraint, spprehension, w fesr of w from her said husband. s, , Q~ W~TNESS m ha~d snd offic~al sesl thi~ _ da of Oc tobe r ~:~~t. q' - Y Y . A. D. 19_~ - ~ ~ O ~ , ~ a'`~.,,? ' ~ . •~A~= ~ Notary P~ K in and for tF~e Stst~ of Flori~~t•larpr~t\ : Retwn Ta. My Commiuion azpires: 7~ 7? " i:.;r• v,. ~ ~~:i» firtt Federsl Savings d loan Auociat;on ' !2~! Q~S~ . k tilJi ~ Of Fort P~erce. ~0 . ~ Fon Pierce, Florids . ~ ~ FlIEU An=~ aEC0ApE0 ' ST. LUC:~ C(~UkTY FLA. ~ ~ This Instrument Prepared By ti'm. E. Braun RCC.= ?~lTRAS ~ ~ First Federa) Savings & loan Association CLEPt ; ~~Ctf1T COURT of Fort Pierce, Rlorida RECOPt: E~F'~~•~;'~___. ~ Oct I 5 3 3o PM ' ~ Checked By ~ 7~ ~ ~ BO~~~ sh ~ ~ ~ - _ - - - - - ~~:r-.~~-__4_. , _ _ - - - . _ , _ , ~ ~ .