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To pl~u ~nd continuo~sly keep on ~M bvitdinps now a MreafrN wtu~q o~ uid la~d a~?d on al~ puipment u?d p~rwr?ally cova~d by tiw matp~ ~p~. wi~h ~11 pr~miumi thercw~ pa~d in f~ll, fira Iniv~ance i~ ~he usval sundard poliq torm, in a~um approv~d by tM MORiGAGEE, ~nd wind~tam i~wru?c~ i~ tM uiwl ~undard policy fam, I~ • ium approv~d by IM MOR~GA6EE, in ~uch company o~ comp~ni~s as tM MORTGAGEE may ~ w dw~ctt +nd a~l fin ~nd vrind~ro~m Insu~ancs policie~ on ~~y of said build~np~, any inNrast therein a part ~her~of~ III fIN p~ff9i1~ iYT ~IOffH11I Of y M~xuss thereof, ihall conuin tF+~ uwsl sqndard morfga~ cisus~ or iuch otM? clauM ai 1M MortppN may ~puw~, en~kinp tM lou ur+dK sa~d polF ciss, each and ~v~ry, p~yabl~ ro said MORTGAGEE as ib interesf iney app~~r, and ~ach u~d WNY aucF? poticy iAall b~ promptly asf:9ned ~~d deliv~red ro ~ ~ny held by iaid MORTGAGEE ai further secu~ity to said mortps9e debt, a~d, ~ot Itst 1Fa~ te~ (10) days in ~dvanc~ of tM explration ot t~ch policy, to d~- IivN to s~id MORTGAGEE a renewal thereof, ~opetlw~ with ~ receipt for the pranium oi ~uch renewal; and tMr~ shalt b~ no f'a~ a windilorm ir+tvrana pl~c~d on ~~y of s+id buitdingi, ~ny interesl there7n w part tMraof, ~nless In ?hs fwm ~nd with tM lou payabl~ ~s a(wts~id; and in tFw ~wnt ~ny ~um of mon~y becomts p~yaWe wxier such polity a poGciei ssid MORTGAGEE ahall Mve ~M option to receivt and appty tM fana on accoun~ o/ tM indebted ~ neu sxu~ed haeby o~ to pe?mit said MORTGAGORS to reteive a~d uae it p aey part thereof fw othe~ purposef. without thxeb~ w~ivi~y w unpair- i i~g any eq~iry, lien w riqht ~nder a by virtue of this mo:tgage; +nd in ths ~ve~t ~aid MORTGAGORS shall fa s~y rtason fail to ke~p the a~id premites w f in~v?ed, w fai) ro tkliver promptiy sny of uid policies of insurante to iaid MORTGAGEE, w fail promptly to pay fully any p~mium therefot or in any ~ respect fail ~o p~rlo.m, d~scharpe, execvts, e(Fect, compkte, comp~y with snd sbide by this cov~~an1, w~ny psrt hsreof, iaid MORTGAGEE may place +nd pay (a tuch insuranca or any part tAereof without wsivin~ w affectirp any option, litn, equity, w right vnder p by virtw of this Matps~, ~~d the ' j full amo~nt oi each and ev~ry suth payment ihall be ir~ur~ediately due a~d py~ble and shall bear interest ~rom tM dat~ thereof until paid st tM raq ol nine per centum per annum and together with tuch interest shall be secured by the lien of this mortya~e. 1. To permit, commit or suf(er rto waste, impairmenf w deterioration of said property or any p~rt ihereof. S. To pay all and sinpula? the costa, charges u~d expensei, inctudiny a reasonabk attanty'a fe~ and coib of ~bstrstts of titls, inarrred a pald tl any time by wid MORTGAGEE, beca~u or in the cvent of tM failute on the part of the said MORTGAGOR b duly, promptly ar+d fully pNfwm, discM~~t ~ execute, effccL complete, comply with and sb;de by oach and eve~y the stip„latrons, agreemenn, co~d~~~aa, •nd wvc~ann of s.id p.om~ssory earo u+d thq mortgape ~ny w ei~her. and said costs, ch~rges and expenses, each and every, shall be immediately due and psyable: whether w not there bt notite ds mand, attempt to colkct w wit pend~ngj and !he full amounf ot eath ~nd ererY such paymem shsll bear interesl from ~he date fhereof ontil p~id at fhe rate of nine ptr centum per annum; and all said cost~, charges and expenses in~vrred w paid, together with s~cF? intereit, sMll b~ secured by 1M lien of tha '^atpage• i Q That (a) in the event of any breach of this Mo?tgaqe or default on the part of the MORTGAGOR, or (b) in the went ~ny of taid s~ms of morKy herein refe~red to be not promptly and fully paid within thirty (30) dsys ~ex~ after the same xverally becortro due and payable, witAout demand q notic~, w(~ in tl~s eveM each and every the stiputations, a9~aements, cond~tions and covenants of u~d promiuory note and th7s mortgaps any or ei~her ar~ rwl 3 iuly, prompNy ~nd fully periwmed, d~xharged, executed, effected, completed. compl~ed with end abided by, ttwn in either w ~ny such evtnt tM said a~ ~ gregate sum mtnranpd in said promissory note then remainin9 unpaid, with interest acuued, e~d all moneys secured hereby, shall bacome dw and p~y~ able (orthwith, a thereafter, at the option of said MORTGAGEE, as f~Ily and compte~ely ~s if sll of the said sums of money were aiginatly atipul~ted to be paid on such day, anything in said promusay note or in ~his Matgage to the contrary notwithstanding; and Ihereupon or thereafter a~ tM option of satd MORTGAGEE, without notice or demand, suit at (aw a in eqvity, therefoae w thtreafter beg~n, may be prosecuted as if all moneys sKUrad hsreby had matvred pr~or to its institution. . . ! 7. That in the event that at the be9inning of a at any time txnding any suit vpon this Mwtgs„e, a ro fpeclose it, a ro refwm it, o? to enfwca paym.eM of any daims hereundei said MORTGAGEE shall apply to the Court Mviny jiuisdiction thereof fa tte appointmenl of a Receiver, tuch CouA sfiall fo~lhwith appoiM a receiver of wid mortgaged properry all and sing~lar, inctud~ng sll pnd singvla~ tha intome, ptofits, issues and revMVes from what~ver wurce derived, each and eve~y o1 which, it being expressly understood, is hereby mortgaged a if specificalty set fw~h and described in ~hs yrantinp and habendum clavses hereof, and such Receiver shall have all the b~oad and eifeaive funct~ona and power~ in s~ywiu entrvsted by • Covrt to a Receiver, ~nd :uch sppoinfinent sh~l1 be made by s~ch Court aa an admifted equity and a matrer of absolute right to said IMORTCa/1GEE, ~nd without reference to th~ adequacy w i~adequacy of the valve of the property mor~gaged w to the soivency o~ insoivency o! said MORiGAGOR a the defe~dann, and that such ~ rents, profin, income, issues and rovenues ~all be applied by such Receiver accwding to the lien w eq~ity of said MORTGAGEE and the practice oF such CouA. 8_ To dufy, promptly and futly perform, dischsrge, execute, effect, complete, comply wi~h and abide by each and every the stipulations, agreements, condit'ans and covenanrs in sa~d promiuory note and this mor?gage set fwth. 9. That in the event the ownership of the mortgaged premises, or any pa?t thereof, becomes vested in s ptnon other than the MORTGAGOR, the MORTGAGEE, its auccessors and auigns, may, without notice ro the ASORTGAOR, dea! with such succeuw w successor in interest with refcrence to thu mortgsge a~d the debt hereby secu?ed in the same manner as with Nbrtgagw withoul in any way vitiatin9 p dixharging the Mortgagors' liabilify htrQ . under or uRon the dzbt F~ereby secured. No sale of the premisci hc~eby mortgaged and no fwbea~aACe on the part of IF~e MORTGAGEE a iti successors or sugns and no extension of tF~e teme for the paymenf of the debt bereby stcured piven by tfie MORTGAGEE or iri wcttsson or auigru, shall ope~at~ io release, d~scha:ge, modify change w affect the original liab~lity nf the AM1ORTGAGOR herein, either in wFwk o? in part. 10. It is spec7fically agreed that time, is of the euerxe of this conhact and lhit no waiver of any obligation Mreunder or of iha obl'gation se- cured hereby shall at any time tMereafter be held to be a waiver of the terrru hereof w of tht intitr~menf secured lierby. I1. In add,t~o~ to the iorego:~x3 monthly payments of princ'pal and interest requir~ by the promiuory nole secured hereby, mortgagor covenanh and agrees to pay to m.ortgagee v~ith each momhly payrient an add~rional sum estimated by mortgagee fo be equal to 1/t2 of the annusl tost of the follow- ing: A-AII real property faxes levied or assess`d againsf thc above desvibed resl estate. ; B-Premiums on (~re and windstorm insurar,~e as herein requ;red to be cmried on the improveme~ts situate on the above de;cribed premises. f C-Premiums on wch mortgage guaranty insurar,ce as mortgagee shall from t~me to time deem fit fo tarry on the (oan secured hertby. ~ Mortyagee shall from ~ime fo time notify mcrtgagor in writing of the amount due and payabk herevndrr and such wm shall thereupon be dve and Fayable on the due date of the next monthly payment and each successive month ~`hereafter until mwtgagee shall notify mwtgagor of s change in such amount. Such sums shalt be applied by mortgagee taxard the payment of real property taxes, inwrance prem:ums, and mortgage gua~anty insur~nce premiums- , IN WITNESS ~IIHEREOF, the said MORTGAGOR has hereunto set his Fwnd and seal ti~e day and yea " st afwesaid. ! Sigrsed, Seafed and delivered in the presence of: - - j f~.f D ~.~10 R~C3ROE0 - .4 ~1. UiC;~ COSMTY fLw. i , ~ tt~CE~ P~".R~S \ Ma er - n ~ C - CLEkl~ C~RCUtT COUn"i p t ~ Llt~~C-e- .J RF"OftOYE~'~!ED Dbris M. Ma er ~ ~ STATE OF FLORIDA ~ 74 ~ ~?6 ~ a ; ~ couNn oF _ St . Lucie 32~2~g ; ¢ 8efwe me personally appeared _IAILn Maver ~ Mt35 M~ Mavez his wife, to me well known and known to me to b~ ` ~ ~ the individuets desc~ibed in and who executed the fo~egang instrument, and acknowledged before me tMt they exec~ted the same fw tM purposes ~ rherein exp~esxd. And the said ~Z1S M. Mayer ' ~vife of ths ssid ~jp Mav~i upon ~ sep~rste and priv~te ~ examinaYwn by me ta4en scparate ~nd apart from her said husbar?d, ecknowledged to and before me that she exectrted said instrument freely and volum ~ rarily and w;thout sny compulsion, constraint, apprehension, or fear ef or from htr said husband. ~ WITNE55 my hand and official seal this_ ~Z q~~' dsy of Janua ry , A, D. 19 76 3 L~i~/l~c-. !-7 - L~ ; Notary Public in end for the te of Fbrid~ at Lu9e ' My Commission expires: ~ p- 3 O - 7~ % Retvrn To: ~ • ~ First federal Savingi d loan Association ~ f Of fort P:erce. i ~ Fort V~erce, Flwida ' - y~t1t131Ni~ : ~ i~ ,~I~~/~~~. j - 1,~ . : f - ~ ~ K [~~/~j t ~ ' ~ - i ~ This Instrument Prepared By J. N. Roberts jr. - ~ ' ~ ; ' ' : a First Federal Savin s b Loan Association . ~ ¢ of Fort Pierce , Rlorida 33450 '''4;`'`~1~ ~ ~~3 ~cE 75'~' ~ ~ ~ s.a~ = = ~ Checked By - ~ _ - ' ' ' . t ~ ~ ' ~ - ~ , - ~ ~~'~r,...~„~,;~~~'~ ~ 4 S ~ . . ,r . ~ ~ . . . . ~ . . ~ ~ ~ dz . ~ _ - - _ - _ r . ~ _ , - - r r~~°t.'~_.. . _ _ . _ . .~~s... .a . . . - ~