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To plsc~ •nd co~t~nvousiy kesp on tM bu~ld~nps now Of FNlN~?N ~ifU~11 011 f~1~I I~11~I ~tld Ofl ~II lQUIPT~flI ~Ild plfWllallY COY~f~ by IFI~S ftl0fla y~~, wi~h ~11 pr~mium~ thereon ps~d ~n lull, (~re in~ur~nce in tM u?u~l :i~nd•~d po1Ky fam, in ~ ~um ~pprov~d by ~h~ MORTGAGEE, ~~+d windttorm Inwrant~ In tl» usual ~~~ndard pol~ty (am, in a sum ~pprovad by th~ MORTGAGEE, i~ ~uth tanpany ot tanpanip q tM MORTGAGEE may dinclj ~nd ali fir~ and wind~~orm insuranc~ policies on ~ny of s~id buildinpt, ~ny {nt~~sN ther~in w pa~1 tMrwf, i~ ~M p~pa~ swn ~fw~aid a In ~xc~a IMr~oi, ihall contain tM usv~l ~tandud matys~ clauH a s~ch othe~ clau~ tM Ma~p~a+ m~y rpuK~. makinp tM los~ uid po14 . ci~s. each ~nd ~vNy. payable a s~id MORTGAGEE a~ it~ in~erest may app~ar, ~n~I fKI1 ind ~very i~?ch pollcy shall b~ p~anp~ly ~a.yn~d ~nd d~livNSd ~o ~ ~r?y Mld by said MORTGAGEE ~s furthe~ ~ecu~ity to ~aid mw19a~ debt, and, not ks~ tMn t~n (10) days in advanu oi IM ~~p1~~tion of ~~th polity, to dr ` NvN ro s~W MORTGAGEE • rtnewal fMrtof, IopetMt with ~ r~ceipl fw tM prtmium of ~uth rentwal; end tMr~ thall b~ no fir~ o? wind~~am inwranu plind on any ol uid build~npi, ~ny inrasit therein w p~rt tMreof, unleu I~ tM fam ~nd with tM loss payabl~ u afa~said~ ~nd i~ tl~ ~wnt +~y wm of ma»y becomea pay~bl~ unda iuch policy w polk~oa ia~d MORTGAGEE shall Mw tM op?~on to receire ~nd ipply tM ~+m~ on +ccount ot ~h~ ind~bted~ ` ~wst tecured hsrtDy ot ro pctmit aaid MORTGAGORS to reteiv~ and uM it w any ps~t thereof fa other purposes, without thaeb~ w~iviny or ~mpair- inp any puity, lien w righ~ under a by virtw of this mortya~r, and in ~M w~m sud MORTGAGORS ihall for any reason tail ro kNp tM uid p~~rntses w inw.ed, a(ail ro d~live~ prompHy any of said policks ol insunnc~ ~o a~d MORTisAGEE, or fail prompHy ro p+y fully ~ny premi~m thsnfp a in any ~ j r~~p~ct fail w pafam, d~schar~, e,cecute, ~ff~d, complets, comply wi~h ~nd abids by this cov~n~nt, w any pa.t Mrwf, s~id MORTGAGEE ~r.ay pl~ ~nd ~,i• _ P+Y ~a iucn uuuranc~ or ~~y pan ~n~reor w~inou~ wa~vu+~ or ~r~xnrq any opua+. ~kn. ~4u~iY, w nqm urwK w oy vurw oi ~nis ~iyp~. ~no ine full amount of ~ach ~nd ~v~ry such payment shall be immediately dw ~i+d p~y~bk +~d ~MII b~ai Inter~~1 from tl» dat~ the~wf ~~til p~id ~t th~ raf~ ol nine per tentum pK annum and together with such interesl shall be secured by tM li~n of this mwtpsg~. 1. To pe~m(t, commit or suffs~ ~?o wasts, Impairmenf w dete~ioration of ~aid proparty w+ny pa?t thersof. S. To pay all a~d unpulu the costi, chuge~ and expense~, includinp a re~sonable attorney i fs~ and coits of ~bstr~cts of titl~, incvrc~d or paid at any time by iaid MORTGAGEE. because or in the ~vent of tha fa~turo on tM part of ths said MORTGAGpR ro duly, prompt:, ~e~d fvlly p~rfwm, diichuqt, execv~s, effect, complp~~, comply with and ab~de by eath and evay the ~tipvl~tions, +Qreeme+~n, conditio~a, ~nd oownanri of s~id p?omissory ~oq and this enortype ~ny w ei~he~, and said cosb, cha~ges and expe~ses, each end we~y. ihall bs immedia~ely due ~nd payabl~t wMtMr or not thsr~ b~ notiu dr mand, ~ttempt to colled w wit psndingj and fhe fuU amount oF ~ach ~nd every such paymero ~hall bear intsrtsl from tM dat~ rhe~wi ve~til paid at t1+~ rate of nine per centum per an~~um; and all said costs, charyes and expenus incurrad a pai~, together with tuth imerpt, il?all b~ sKUted by tM li~n of thu mortpaq~. 6. That (a) in tM eveM of sny breach of this Morfgay~ or deFault on ths part of the MORTGAGOR, or (b) in tM ~vtM ~ny of s~id aums of- mon~y herein refe~red ~o be not promptly and fully peid within th~rty (30) dayi nea~ afrer the sarru seve~~lfy betonx dw ~nd p+yabl~. withouf dem~nd a notice, or W in the event exh and every the stipulations, a9reements, conditions and covenants o( u~d promiuory note and this matpa~e any q ~ilher are nol ~uly, p~omptly and fully performcd, d~scharged, e~cecuted, effected, compl~ted, complied with s~+d ab~ded by, the~ in either a any ~uch ~wnt tM uid ap~ pregst~ wm mentioned in said promisswy note then remeining unpaid, with interest accrued, and all moneys iatured IKreby, ~hall beconN dw and pay- able (orthwi~h, w therr+~ter, at the opt~on of seid MORTGAGEE, as fully ~nd comple~ety a~ if sll of the said wma of mo~+ty we~~ aiyin~lty stipulned to be pa~d o~ such day, anything in sa~d p~om~ssory note w in this Matyage ~o the conrrary notw:thiiand~np; _and thereupon or thereafta a1 th~ optan of said MORTGAGEE, wirhout no+ice or demand, suit at law or in equity, therefas o~ fhere~iter begun, may be ptosacuttd as if all ma~tys Ncur~d hsteby had rtuturld pnOt to iri inslitutiOn. 7. That in Ihe evcnt that st the beginning of o? st sny time pcndin9 any suit upon this Mwt9~p~, a/o fwetlost if, or to roform iL p to snforq - paymem oi any claims hereunder, said MOR~GAGEE shatl appty to the Cou+t Mving jur~sdKfion thercof iw the +ppointm~nt of a Receiver, wci~ Cowt sMll falhwith appoint a receiver of said mor~9aged property all and singut~r, includ~np sll and singular the income, profits, istws and revtnues from whatwa aource de~ived, esch and every of which, be~ng expressly unckntood, is hereby mo.tgaged u if spec~fically set forth and described in the y?a~tinp and habendum clauses hereof, and ~uch Receiver shall have ~It the boad •nd effective functwns and powa• in anywis~ entrusted by a Court fo • Receivtr, •nd such appointment shalt be made by such Court as an admitted equity and • malter of absolute riyht to aaid MORTGAGEE, and without referenc~ to tM ~dequacy w inadequacy of the valve of the p~operty mortgaged w?o the wtvency w~ inwlvency of sa~d MORTGAGOR or the defenda~a, and that such rents, profin, irxome, issues ~nd rev~nws shall be apptied by auch Receivc~ atcord~rp to tM lien a equity of wid MORiGAGEE and the practiu of such Court. 8. To du~y, promp~ly and fully perfwm, dischargs, execute, effect, compkte, comply with and abid~ by ach ~nd ewry ih~ stipulations, ~preemenh, conditions and covenanrs ~n said promissory note and this mortgage set fo~th. i 9. That in the s~ent the ownership of the mortgayed p~emises, a any part thereof, becomet vested (n a pNto~ other than the MORTGAGOR, tl+~ i MORTGAGEE, its successo?a and au~gns, may, wi~hou+ norice to the MORTGAOR, deal with such successor or successa in interest with reference to this matgage e~d the debt hereby secured in rhe wme martner as with Mortgsgor without in any way vit~ating o~ diuharging tM AAwtyago~s' liability hert under o~ upon the debt hereby secured. No sale of the premixs hereby mortgaged ~nd no fwbearance on the paA oi tM MORTGAGEE a ib suaessors w assigns and no eatensio~ of the time fw fM payment of the debt hereby secured yiven by the MORTGAGEE w it~ iutussas u assiqns, sMll operat~ to retesse, d~scMrye, modify change or afiect the original liab~l~r~r of the N10RiGAGOR herein, aitMr in whole w in psrt. 10_ It is spedfically agreed that time is oi the essence of this contract end thst no w~iver of any oblig~t~on F~ereunder q of 1F?~ oblfpafion s~- cured Fxreby shaft at any time thereaftH be held to be s waiver of the terms lxreof or of the instrumenl secured herby. 11. In add~~ion to the forego"ng monthly payments of princ pal and interest required by the promissory nore secured hereby, mortgegor cov~nants a~d ~grees to pay ro mortgagee viith each monfhty pay~nent an add~~iwul sum est~m~ted by mortgagee to be eqwl to 1/12 of the annual cost of the follow- ing: A-All real property hxes kv~ed or assessed ayainst ttie above described real estate. i B-Prem~ums on f~re and windstorm insuracce as herein ~equ~red to be ca~ried on the improvements sitwte on fhe above dewibed premiip. C-Premi~ms on such mwtgaoe guaranty insurar,ce as mor~gagee shall f~om time to time deem fit to carry on the ban ~ecured hereby. ~ Mortgagee shall from time to time notiiy mortgagar in wrfting of the amount due and payable hereunde~ and such fum shall thcreupon be d~e ~nd ~ payab!e o~ the due date of the next monthly payment and each svccessive month thereafter urtil mortgayee shall notify morfgagor of s chanpe in such I amount. Such sums sFafl be applied by mwtgagee toward the payment of rtal property N:es, insurance prem:ums, and mortyape gwranty inwrance ~ ! p~emiums > ~ WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and ye~r first afaesaid. ~ ned, 1 !i r iA the prescrxe of: ~ f~~fo Arfl flECOROEO - .n ST. WCtE COUMT'( fU- g a or e ` . , IiOGER ?O~~RAS a0 CLEPK C~=~.UtT COURT ~ c s r ~ ~ ~ aE~OP~ v_ .'~~EO Be ez y n ynQz ~ STATE OF FLORIDA ~ ~ 'u ~O s~ . • , COUNTY OF St. Lucie ~ ~3N~,~Jl7~~ ; :t~ r ~ ,pNM~~~Iq ~ i-:: Before me personally appesred •jd~B3 Radf ord 2yn er ~ jj,'O j~••,''~ NId Bevarly Ann ?ynez ~ his wife, to m~ w 1 1 1 RAoyr1~.~'. ~toc b~ fhe individuab desuibed in snd who e:ecuted the fwegoiny instrurrKnt, and acknowkdged before me th~t thtY t~WJsd:81~~ r r~i "I#!:~J` .r .cs'~~r_ therein expressed. And tM said ~V@? lY ~iT1 Tvner ~ y'~~ ,~;fe of ~~a Jaaes Rexford T er : - ~ ~ ~h ; . exam~nstion by me ta4en uparate and epart irom her said husband, scknowledged to and beFwe me that she execVt~RI' y arolwt F tarily and without eny compubion, constrai~t, apprehens"a? or fe~r of or from her ~aid hu nd. "x:% ~ ? WITNESS my hand and o(ficial seal this day of ~ :s'S''~ , ~ ~ r:. ~ i ~ ~ . ~ qry Public in and f 1~N, z,pjgritla ~t L,~tp~ ~ .4 y Commiuion expireu ' ; : ~ Retum To: • ,y S`~ ; ~ Fint Fedenl $avings 3 loen Associat~on N~T%4Y P~;?!!~. ~1,~Tr OF Ftq?!AA Aj (ARGE Of Fort P:crce. t!"r ~A~ ,F.; • 11. ~q7~ Fort Vierce, Florida 8V'~~EU 1hNU~„H MUQp~KI • Ni;~RiLb~q~Y~ ~N ~ . Q i This Instrument Prepared By Robeit A. Swishez, Ji. ~ F+rst Federal Savings & Loan Associ~tion • ~ . of Fort Pierce , FloY icla . ~ ~ , ~3 Checked BY r ~ PAG~ ~ . E~' ~ ~ ~ ~ tl . . 3 ~j ~ ~ ~ ~ - - - - - , _ . _ - . _