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To place and contu~uo~:sly keep o~ ~he bui:di~~gs now w ho~eafter ~ituate on said land and on all equ~p~nent ~nd pa~o~~lly tovered by thi~ matQ- p~, with •11 pren~~ums thrrea+ pa~d m(ull, fue insurance in Iha uswl ita~de~d polity form, in ~ sum sNproved by th~ MORiGAGEE, and w~ndstqm in~uranca i~ th~ ~iual s~a~dard pol.cy (o~~~, in a sum ep{uoved by the MORTGAGEE, in such company or companies a~ 1M MORiGAGEE may direc~; ~nd aU (ire and w~nds?crm insurance poGc;es on any of ~aid h~ild~n~s, any inte~s~l therein w parl ~Mr~of, in th~ ~~re9~te wm aforesaid w In ~xtes~ Ihereof, ~hall contai~ ths usual ita~dard mortgagee claut~ a suth o~her clauie +s tM Morty~ge~ may requ~r~, makinp th~ los~ u~le~ sud po1F cies, e~ch ~nd eve.y, payab:e to ia~d A~ORTGAGEE a~ ~ts ~neerea~ may sppeu, a~xl esch and every suth poiicy :hall be promptly as~ 9ned ~nd d~~iversd ~o •ny held by said MORiGAGEE •s further secu~ity to sa~d mw~gage debt. and, no1 leu tha~ ten (10) days in advance of the eap'uation ol eith polity, to d~- live~ ro taid MORiGAGEE a renewal thereof, t~gether with a rece~pt for the premlum oi such renewal; and thero ahall be no iEro w winditorm insuwntt _ placed on any of said build~ngs, any interest there~n w part thereof, unleaa in ihe (orm 4nd with 11» los~ payabte as aforeaid; a~d i~ tM event any tum of morky becomes payable ~nder such policy or policies said MORTGAGEE shall have ~he opt~on lo rec~ive and appfy the umt on accounl ol the indebted- ness secu~ed htreby a to permit s~'d MORTGAGORS to receive ar+d uss it or any part ?hereof for othr~ purposes, wi~ho~i the.eb~ waivi~~g o~ ~mp~ir- ing any equ~ty, I~en w righl u~der or by virtue of this mo::gage; snd in Ihe event said MORTGAGORS shall ia •ny reasan fail to keep the uid ptemitei so insured, w(ail to delive~ prp:ipfly any of said palicies of insurance to sa~d MORTGAGEE, or fait promp~ly to pay fully any premium theretw w in any respect fail to per(am, discharge, execu~e, effec4 comptete, comply wieh and abide by this covenan~, er any part hereof, said MORiGAGEE may p~ace and pay (w such insu~ance or any part fhereot without waiving or affeuing any option, lien, equity, or ~ight undtr p by virtue ot this Ma~gafle, and tht iull imounl oi each a~d e:ery such payment shall be immediatety d•.x and payable and ahall bear interest f.om the date the~eoF until paid al the rat~ ot n~ne per centum per annum and toge~har with such interest shall be sacured by the lien oi this mortgage. 1. To permit, commit or sufte? no waste, impairment a deteriorstion of taid property ot ~y pa?t thereof. 5. To pay all and singula? the cosn, chargei and expenses, including a reasonable anwney's tee snd costs of sbst~act~ of titls, incuned w paid ~1 any time by said MORTGAGEE, betauu or in ~he event of the failure on the part of ~he said MORTGAGOR to duly, promprly and fully pe~fwm, d~uMrg~, execute, e(fec~, complete, co~nply w~th and ab:de by each and every the stipulat~ons, agreemenb, cond~t~ons, and covenants o( said promiswry note and ~hi~ matgaga any o~ el~her, and ~a~d costs, charges and expenses, each and every, ihall be immediately due and payabte; whe~her a not the.s b~ notice dr mand, attempt to col~cct or suit pend~nq; and the full amount of eath and cvery suth paymenl shall bear interest from the dat~ the~cof until paid at the rate of nine per centum ~;r aniiu~n; and all said coa~s, charges and exprnses incurred w paid, toge~her wdh fuch interett, shall be s~cured ~y the lise o( thi~ morty~g~. 6. That (a) in the event of any b~each of Ihis Mo~tgage or default on the part of tho MORTGAGOR, w(b) in the evenl ~ny of taid swns of money herein referred to be not promptly and fully paid within thirty (3~~ days neat after the same severatly become due and payable, without demand w notite, or (cj in the event each and eve~y ihe :tipulations, agreemenU, cond~tia~s and covenants of se~d p~omissory note and this morlgpe any a either a~e nol ivly, prompily a~d fully perfonned, d~scharged, executed, effected, completed, complied w~th ~nd abideci 5y, Ihen in either w any s~th erent th~ said a¢ gregate sum menrioned in said pron,issory note then remaining u~pa~d, with intere:t accrued, and all moneyt secured hereby, shaH become dw a~d pay- able for~hwith, or thereaifer, at ~he opr~on ot s~~d MORTGAGEE, as fully and comple~ely as i( all of ~he satd wms oF money wero wginally st~puiated to be pa~d on such day, a~yth~ng in sa;d prom~ssory note w in this Mortgage to the contrary no~wi~hstanding; and thereupon a thereafter at the opt~on of sald MORTGAGEE, wi~hout nonce or demand, suit at law or in equity, there~o~e or thereafter begun, may be prosecWed u if alt moneys setured hereby had maturld pnOt to il! institution. 7. That in the event rhat at the beginning of w at any time pend~ng any suit upon this Mortgage, or to faetlose it, w to refwm it, or to enfwce payrrMnt of any claims hzreu~~de~, wid MORTGAGEE shall apply to Ihe Coe,rt having juf~sd~ct~on thereof fw the eppointment of a Receiver, iuch Coun shall iorthwith appoint a receiver of said mortgaged property al! and singular, inc;ud~ng all and singuiar the income, prof~ts, iaauss and ~evenues from whatever so~.ce derived, each and every of wh:ch, i~ be~n9 exprcssly undcntood, is hereby mortgaged as if specd~tally set fath and dewibed in the 9ranting and habendum ctauses tfereof, and such Receiver shail have aIl the b:oad and ef(ecrive furtcf~ons a~rd powers in anywiu entrus~ed by a Courf to ~ Rectiver, and s, ch appointmen~ shall be made by such Court aa an admitted equity and a matter of absolute right to said MORTGAGEE, snd without referente to the adeq~acy or inadequacy of the vatue of the property mo~tgaged o~ fo the sotvency or insolrency of sa~d MORiGAGOR or the defendants, and that s~rch rent3, profits, income, issues and revenues shall be appi~ed by such Receive~ accwd~ng to the tien w equity of wid MORTGAGEE and the practiu of such COUf~. 8. To duly. promprly and fully perform, d~scharge, e,cecute, effect, comple~e, compiy w~~h and abide by each and every the stipulations, agreements, conditions and covenams m sa~d promisswy note and th~s morrgage set forth. 9. That in the event ihe ownersh~p of the mortgaged premises, w any parf thereoF, becomes vested in a person other fhan the MORTGAGOR, the ':.ORTGAGEE, it~ successors and assigns, may, wi~hout notice to the MORTGAOR, deaf with such successor w successor in interest with refcrence to thit mo~tgage and the deb~ hereby sec~red io the same rrwnner as with Mortgagor witho~t in any way vitiating or discMrging the Mortg~gprs' liability FKra ~nder w upon fhe debf hereby secured. No saie of the premises hereby mortgaged and no forbearante on ~he parl of the MORiGAGEE w its successws er assigns and no extension of the time for the payment of the deb~ hereby secured given by the MORTGAGfE o~ ifs suctesaws ot assigns, shall operalt ro re!ease, d~xharge, modify change or afi~cf tF+e wiginal liabitity of rhe MORiGAGOR herein, either in whole,u in part. ' ' 10. It is speciFically agreed that t~me is of the e:ser.ce ol thls contract and ~ha1 no waivrr of any ob~igation hereunder or of the obliyaYwn se- cuied hereby shail at any time thereatter be held to be a wa~ver of the term~ hereof or of the instrument secured herby. 11. In add r6o~ to rhe lorego ng month'y paym~nts of p.~:u paf and interesr required by the prom;ssory note secured hereby, mortgagor covenants and agrees to pby to m,ortgagee v.~th each manth~y pay~.~ero an add:rional sum esnma~ed by mortgagee to be equal to 1~12 of ihe annual cost of the follow- ing: A-Atl reat prope.ty ta,ces lev~_d o- assessed ag~i•~st the above described real estate. B-Premtums on f~re and w~r.dstorm iruu~ance as herein req~;red to be carried on the improvements s~tvate on the sbove desaibed premises. C-Premiums on such mo~tgage g~,a+anty ir.sura•.ce as mortgagee sha;l from t me to time deem iit to carry on the loan secured hereby. Mortgagee sha~l f.om t~~~e ro u•+,e notHr mortyagcr m w~lt~ng of the ar,ount due and payab~e hereunder and wch sum shall thereupon be due and Fayable on the due date of the +~e,~r n:on!h~y payment a~d eecfi successive momh thereafter urnil mortgagee shall not~fy mortgagor of a change in such ~^•.ounL Such svms s1:all be appiied ty mortgagee tev.ard the payment of real properiy ~axes, insura~ce prem:ums, and mortgage guaraMy iRSUrance 'I p~emium3. ~ ~ IN ~~ITNESS YIHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. ` Signed, Sealed and delivered in the presente of: ' ~ ~ ~ ' LD ~h~ ~itf.Ltt`~CDE:D ! -(Seal) ' ~i~t??~~E ; `J~'~' f~- Bernie Thames rc.,p ~a F..~T'A.~S /f~1,w.~ ~ _'t„~•~?~',.~fies j _ - C~":at+x L~t~i - ~ f ~Fe•~o^ r~;,~=~z~~,._~ Alexandria Thames ~~,n 3 ~ STATE Of FIORIDA t1 ~ ~ ~ ~ ~ CC~UNTY OF S~ L~Cle r 338616 ~ ~ Before me personally appeared BQZ111e Tt1~eS and ~ Alexandria Tt1dIDe5 his wife, to me well known and known to me to be ~ the individuals described in and who executed the fwegoing instrument, and acknowledged before me that they executed the same for the purposes rherein expressed. And the sa~a_ Alexandria ~1AZR@5 ,~~fe ~f the said Bernie ?ha~es ~ upon a separate and priwte ~=aminarion by me taicen separare and apart from her sa~d husband, ackrawledged to and before me that she ezecuted said instrument freely and volun- ~ rar~ty ~nd w:thout any comp~tsion, constraint, apprehens~on, or fear of w from her said husband. ~ WITNE55 my hand and official seal this__ ~ day of June ~ p. 19 '76 ~ ''s . z Notary Publ~c in and for the e of F{orida at Lsrgs ; M Commission ea ires: ~ Return To: y P ~ 3 d~ `1 ` ` fint Federal $aving: d loan Associat.on s5 Of forf P~Frc?. 3 F Fort Piarce, Flond~ s ~ ~ ` - i S _ , . , ~ . ~ . , $ This Instrument Prepared By J. H. Roberts Jr. • ~ First Federal Savings & Loan Association of Fort Pie~ce~ Florida 33450 ~ t'• ~ ~ ~ . , _ ~ ~ Checked By ! ~ . ~ ~t~~ FAGE ~ _ • . ~ ' w,. ~ " . ~ ~ ; dz ~ ~ ~ . _