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To plece and cont~nuously keep on the tw~'d~ngs now o~ hereaher ~ituate on sa~d ~and a.~d on sll equipmeM ~nd pe?sondly tovered by thi~ morty- ag~, with ~II premiums thereon pa:d in full, f~re insvrance in Ma usua~ atanda~d potity form, in s sum approved by the MORfGAGEE, ~~d windstam inivra~ce in the usual uandaid pot~cy torm, in a:~m approved Ey ~he MORTGAGEE, in such compa~y or con+panies as ~M MORTGAGEE may diredt snd all firs and w~nds~orm insurance policies o~ any of sa~d build~nqi, any in~erast ?herein o~ part thereoi, in rhe a99~eya~e sum ~1ore~aid o~ in exceu ~he~eof, shall conrain the usual sta~~dord mo~rcJagee deuse a w-A o~ha clause as th~ Mo~tqagee may requ~r~, ma?inp ths ~oss unda ta~d poli- cies, each and every, payable to said hSpRTGAGEE as ~ts iniarest may appear, and each and c:r-~f auch policy ~hall be p~omptty ass.yned and delivered ~o •ny held by iacd MORTGAGEE as iur~her security ro sa~d matgage deb~, aMf, not leu than ten (10) daya in ad~ance of ~he expi~atron of e+ch polKy, to dr liwr to ssid MORTGA(itf s renewal thereof, togethet with a receipt fw the p~ami~m oi such renewat; and there shatl ba no f:re o~ wind~to~m insuranc~ pl~ced on •ny of said buildir,ys, any intereit thercm w part the~eof, unless in ?he (orm and wiih the lou payable as •(wetaid; and in tFk event any ium o` monsy bccanes payable under such policy a pol~ues saiJ MORTGAGEE ihall have ~he opt~on to receive and apply the ssme on account of the indebted- ness secured hereby or ro permit said MORTGAGORS to receive and use il or any pan thereof 1or OJhC~ purposes, ~vithout thr.~n~ waiving or ~mpair- inq any equ~ty, lien w right unde~ a by vittue ot this mo::gage; and in the event said MORTGAGORS shall fot sny reason fait to keep the sa+d p~emiie~ io , insured, w fail to deliver p~omptly any of aaid pol~ues o1 insurarxe to said MORTGAGEE, or fail promptly to pay tuily any pre~»~um therefw or in ~ny reipect fail 1o per(orm, discha~ge, execute, effect, complete, ca~nply wi~h a~d abide by this covenant, or any part htreof, said MORTGAGEE msy plxe and , pay fw such Insurance oa +~y part thrreof w~thout waiving a: affc::;:~ :n~ option, lien, equity, o~ right under w by virtw o1 this Mor~qage, and the full ~moun~ of Nch and every t~ch payment shall be ~mmedutely due and payable and :fia11 bear imerest from ttw date thereoi unril paid at the rata ol nine pe~ tentum per annum and togetfk r with such inte~est shall be secured by the lien ol thit mortgsge. To permit, c~mmit w suffer no waste, impa~rr~ti:r.t or deterioration of sa~d property or any part thereof. 5. To pay all and singular the costs, charges and expenses, including a reasonable atto.~ey i fee and co:ts of abst.acts of titls, incvrred a paid at any time by said MORTGAGfE, because or i~ the eoanl ot Ale faiiure on Ihe parl of the said MORTGACrOR to duly, promptly and fu11y perfwm, dixha~ge, rxecute, ef(ect, complete, comply wilh and ab:de by each and every the stipulations, agreements, conclitions, and covenants oi ssid p~omisso~y note and thif mortg~ge sny w ei~he~, :.:,d sa~d costs, charges end expenses, each and every, :hall be immed~ately due and psyabte; whether w not there be notice da mand, alterr.Ft !o collect pr suil pend~ng; and the full anwunt of each and every such payment shall bear i~tereat from the date thereof until paid ~1 the ra~e of mne per centum per annum; and all said costs, cnarges a:x! e:~:rnus incurred or paid, toge~her wdh such interest, ~hall be secured by the lien of this • mwtgaye. , b. Tha1 (s) in fhe event of any breach of fh7s JNor~gage or defaulr on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein referred to lse not promptly and fully pa~d within th~rty (30) dsys r+er.t aiter the same severatly become dve and payable, without demand or notice, or (c} in tl?e event each and every the suputation:, agreements, conditlons and covenants of sa:d promiswry note and th~s mortgape ~ny or either are not luly, promptly ar.d fully performed, d:schargrd, executed, effected, completed, complied with and abided .yy, then in either or any such event the wid ag gregate wm mentioned in said promissory note then re~na:ning unpaid: w~th interest accr~ed, and al! moneys secured hereby, shall become due ~nd pay- able forthwith, or thereaffer, at the opi~on oi sa~c MORTGAGEE, as fully and complefely as if all oi the wid sums of money were or~ginally stipulatcd to be paid on such day, anything in sa:d p~om.~ssory note or in this Mo~tgage ?o the cont~ary notw~thstanding; and thereupon w lhereafter st the option of sa;d MORTGAGEE, without not~ce or demand, suit at Iaw or i~ equity, therefo~e or thereaftcr begun, may be prosecuted as if all moneys secured hereby nad maturtd pnp to ~ts institut~on. , 7. That in the event that at the beginning of or at any fime~ pending any suit upan this Mongage, a to foreclose it, w to reform it, or fo enforce payment of any claims hereunder, said MORTGAGEE •hall apply to the Court having jur~sd,ction thereof (or tAe appomtmem of a Receiver, suth Court shail forthwith appoint a recei~er oi said mortgaged property all and si~g~far, includ~ng all and sing~~ar the income, profits, issues and revenues irom whatever source derived, each and every of wh;ch, i't beirtg expressly unders~ood, is hereby mortgaged as if speufically sef tath and dewibed in the granting and habendum clauses hereof, and such Receiver sha~f 6ave all the broad and etiect~ve funct~ons a~d powers in anywise entrusted by a Cou~t to a Receiver, and sLCh appointment shall be made by svch Court as an adm~~red equity and a matrer of absofute ngh~ to said MORiGAGEE, and without reference to the adequacy w inadrq~acy of the va!ue of the property mortgaged or to the so~vency o~ insolvency of uid MORTGAGOR or the defendan:s, and that such renra, protits, income, essues and revenues shall be applied by such Receiver accorduig lo the lien w equity of said MORTGAGEE and the practice of suth . Court. ~ 8. To duty, promptly and ful!y perform, discharge, ezecute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditans and covenants in said promifsory note a~d th;s mongage set forrh. ' 9. That in the event the ownersh~p of the mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORTGAGOR, ths M•ORTGAGEE, its succesaors and aasgns, may, wiihout notice to the MORTGAOR, deal wnh such successor or successw in intercst w~~h reference to this mongage and the debt hereby secured in the same manner as with ARortgagor wi+hout in any way vit.ahng o? d~uharging the Nbrtgagori liability hera u:~der a upon the debt hereby secured. No sale oF ~he premisea hereby mo~tgaged and no forbea~ance on the put of the MORTGAGEE or its successon or assigns and no exrension of fhe time tor the payment of the debt hereby secured given by the IdORTGAGEE o. its successora or auigns, shall operate ro release, d~xharge, modify change a affect ihe ong~nal tiab~i~ty of the MORTGAGOR herein, either in whok w In part. 10. It is speciflcal~y agreed that time is of the essence of this contract and that no waiver of any obl~gation hereunder w of the obligation sr cured hereby shal{ at any time thereafter 6- held to be a waiver of the terms hereof or of the instrument secured herby. 11. In ~dd~tion to the forego ng ma~th!y payrnsnts of p~inc'pa1 and interest ~equ~red by the prom;ssory no!e secured hereby, mortgagor toveoants and agrees to pay to mortgaoee ~nifh each mo~thiy pay..~ent an add~:~onal sum est•n:ared by mortgagee to be eqval to 1; 12 of tne annual cost of the totlow- ~ng: A-Atl real property taxes levied or assessed ega~•~s+ the above described real esrate_ ~ • B-Pr~miums on fire and windsto~m insurar.ce as nerein requ:red to be carried on the imp~ovements situate on the above described ptemises. C-Premiums on such mort~3ge 9uaranty ir.wrar.:e as mortga^yee shall fiom. t me to time deem fit to tarry on the loan secured hereby. M~~•gagee sha:l +rom nme to r~r.:e notffy mortgagcr in wr~nng of the a-nount d~e and payable hereundrr and such sum shall thereupon be due snd ;~yabte on the d•~e dare of th~ ~ext ~no~lh' ~ paymem and each success~ve month thereafter ~r.ti~ mortgagee shall notify mortgagw of a change in tuch e^•ount. S~ch sums sFa:i be app!ied by mortgayee toxard the payment of real propeny taxes, insvrance prem:ums, and .mwtgage guaranty insurante premiums_ . I / I~~TNESS V~N~QEOF, the sa~d MORTGAGOR has he.eunto set his hand and seal the day and yesr first aforesaid. ' /5' .JSe and c~~yo"ere~in the presence of: i .I~ ' ` •n n . y r ! - ~ ~ - _y~- . (Seap f ' Q 'I , ~ t. f j ~ ,,_.-J.t~-.~'~ ~ rion . yer (s°°q e - ~Seaq ~ STATE OF FLORIDA 1 ~ COUNTY OF St . LLLC1Q ~ ~ Before me personally appeared Stanton ~1. Hyer a~ ' ~ MaY IOL! Hyer his wife, to me well known and known to me'tq b~ g the individuals described in and who executed the foregoing instrument, and acknowledged before me that they ezetuted the s~tme fw ih~ purpo~ea ~ rherein expresud. And the said Marion F{yQr ' ~ ! W~re of ~tx said Stanton A. Hyer , a s~.~~,t~ a~d ~ exam~nat~on by me taken separate ard apart irom her said husband, acknowledged to and before me that she exetuted said inttrvment ftlely and vOk~= ; rariiy and w~thout any compulsion, co~straint, apprehens:on, w fear of o~ from her said husband. ~ June , . ~ WRNfSS my hand and offic~al seal rhis___ day of ~ ~ p,: ~~:L:l.~ ~~i!~~~..f.K ~ ~ NyFary Public in and for ~r State of Flor~ at lnq~ ~ ~y Comm~ssion expires: l .-,r~ ~ Return To: • - ~ " / / First Federal Savings 3 loan Association i Of Fort P.erce. fort P,erce. Ftor~da ' iL~+~ ~1f; riCqKyEe f~- WC~L ' lilMit fU, ' ~~ii•. ~ :rcTw~S ~ : This Instrument Prepared By Gonald E. Huohes ~~~~iU~i ~QURT 3 First Federal SaviRgs & Loan Assaiation *«'~~y£`•'`if~~ = of Fort Pierce Flor ida . } ' ~ ~ fZ s~ PM'76 ~ Checked By ~ ~ ~ ' . i-.+ L:J`f FAGE 338f~12 £ - ' t ~ ' ~ _.___,v _ _ , 1.~ _ _