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To plac~ ~nd continuously ke~p on th~ bu~ldings now or M«+ftN ~itwq ar said tand and on +11 equipment +nd person~lly covered by thi~ ma~g- p~, wilh all prsmiums thereon pa~d in (ull, fire iruu~+nc~ in ihs usu~l standard policy fo~m, in ~ sum approved by the MOR~GA~EE, and w~nd~torm insu~anc~ in ~he usual s~andud pol~cy iwm, t~ a sum ~pproved by ~I» MORIGAGEE, in ~~ch comp~~y o~ companics a ~he MORiGAGEE may d~r~dJ ~nd all fin ~nd w~nds~wm inswa~cs pdiuei a? any of ~aid bu~ld~~qt, any i~~srN~ IMrein or p+~t ~hereof, i~ Ihe ~g9re9a~e ivm afaesa~d or In ~xttts thtrwf, zh+~l contain tha usual uandard mor~~a~N d~us~ a such other tlauts a~ the Mor~pagea may req~u~, m~kinp Ihe loss under sa~d poli- chs, each a~d ev~ry, p~yaEl~ to ~aid MORTGAGEE as itf i~teresl may,~ppaar, ~nd each and every such policy thall be promp~ly ass.yned and detivered to •ny IMId by wid MORTGAGEE ~s (urlha tet~rity to said mortyag~ tkbt, and, not lest IMn ten (101 days i~ advance ol the expir~tion of each pol~cy, to dr liver to said MORTGAGEE • renewal thereoF, Iog~ihK with a receipt fa the premivm of such renewal; and ~he~e shall be no f~re or windstor~n insurancs ~ plsctd on ~ny of s~id buildirgs, ~ny inlerest therein or p~~t tM+~reof, unlrss in tAe form and with the loss payable as aForesaid; and in the evenl any sum ' of nwn~y becornas payable undar such polky a policies said MORTGAGEE shall Mve ths opta~ to rece~~e and apply the ume on accoum of the indebted- nesi tetw~d hsreby w 10 permif said AAORTGAGORS to receive and use il a any part fhereol ior othcr purF,osrs, v.~~hout th,•.o; w~~~i~~g or ~~up.,~r- ing any equity, lien or right under w by virtw o) lhis mort~~ye; and in tFw went said MORTGAGORS shaN fa a~y ~eason fail to keep the se~d premiiei ao ~nsu~ed, a f~il ro delive~ p~anptty ~ny of said polKie~ of insurancs to iaid MORTGAGEE, or lail promptty ~o pay futly any prem~um therefo~ or in s~y reipect fail b p~rfonr~, diuhuge, axecute, efi~ct, complete, comply with and abid~ by thii covenan?, a any par~ hereof, sa~d MORiGAGEE may placa a~o pay iw tuch insuranc~ or any pan thereof without waiving w ~ffettinp any oplion, lien, equity, w righ~ undcr or by rirtue of this Mwtgage, and ~he fu11 amo~nt ~of eacA ~nd every svch payment shall bs unmediately dw ~nd p~yable and sMll bes? interest from the date ~hereof until pa~d s~ ~he ra~e ol n~ne pe~ ce~rum ps~ annum and to~ethe~ wi~h such interos~ :Mtl b~ secured by the litn of th~s matgage. To permit, commi~ « wffa no wut~, impaGment a deterioration of said properry w any pan the~eof. 5. To pay all and singulsr tM cosn, chuges u?d expenses, including a reasonabk at~uney's fee ~nd cos~s oi abstracti of title, incurred or paid st any time by wid MORTGAGfE, betause or in the ~vmt of tM isiluro on the part of the said MORTGAGOR to duly, prwnptly and (ully perionn, d~xharge. execute, effect, complete, tomply w~th and ~b'.de by each a~d every the stipulations, agreements, conditqns, and wvenanti of uid promissory no?e and this mor~ga9e any w either, and sa~d costs, ch~~ges and expenses, e~ch e~d every, shatl be immediatety due and paysbte; whe+her or no~ there be ~otice de - msnd, ~nempt ro coltect w w~t pendng; and tM full amount of each and every such paymem shall bear iNereil from ~he date ti~ereof until paid a~ ~he ra!e of nine pcr ceMum per aruwm; end all said coats, cherges and eap~nset incurred a paid, together wlth such imerest, shall be secured by the lien of this mort9aye. Q 7Mt (a) in the event of any brcach o( this Mwt~ape or default oo t!r pa?t of the MORTGAGOR, o~ (b') in the event any oi aaid sums oi money herein reEared ro be not promptly ar?d fully psid within thiny (30) days nex~ afte~ th~ same severatly become due and payable, without demand or ~+otice. or {c) in fhe event each and every Ihe stipu~atan~, ag~eemenri, conditions and covenants of sa~d promiswry note and th~s mo~tgage any w either a.e not ~uly, promptly ~nd fully pe~famed, discharged, eaecuted, ~ffeded, completed, complied with and abided ~iy, then i~ either w any wch event the said ag gregate wm mcntioned in said promissory note the~ ranaining unpaid, with i~te~eil acvued, and all moneys secured hereby. shall become due and pay- able fathwith, o~ thereatter, at Ihe option of said MORTGAGEE, u fully rrd complete~y as if a!1 of the said sums of money were or~ginally s~~pu0afed ro be pa~d on s~th day, anything in said promissory note w in iha Morfgage to the contrary notwithstsnding; and thereupon or thereafter at the option of sa~d MORTGAGEE, without notice o~ demand, suit at I~w p in equity, therefore or thereaiter begun, may be prosecuted as if all moneyt secured hereby had matured pt~or to iri inslitution. 7. TMt in ths event tMt at the beginning of.or at any time pending any suit upon this Mortgage, a to fwedose it, or to reform it, or to enforce ~ payment of any daims hereu~der, wid MORTGAGEE shall apply to the Court hsving jurisdittion thereof tor the appa~ntment of a Receive?, such Court shall Forthwith appoint a receiver oF uid morfga9ed property a~l ar~d sing~lu, includ~rg sll a~+d singula~ tha income, p~ofits, ixues and revenues irom whate~er cource derived, each and every of whKh, it beirg sxpreuly understood, is hereby morrgaged ai if spec~fica{ly ut lath and described in the gra~ring a~d habendum cbuses F~ereoi, and such Receivn shall have ~II the boad snd effectire funcnons and powers in anyw:se enhusted by a Cowt fo a Receiver, and s~ch appointment shall be made by such Court as an admitted equity ind a rn~tter of ~bso~ute rght to said MORTGAGEE, ~nd witFwut reference to the adequacy or inadeqvacy of the value oi the poperty mwtgaged p to the wlvency w insotvency of said MORTGAGOR a the delendanTS, and ~hat such renri, pro(ib, income, issues and revenues sh~ll be applied by suth Receiver according to the lien or equity of wid MORTGAGEE and the praUice of such Eourt. 8. To duly, promptly and fully perfam, dncharge, execute, effect, oomplete, comply with and abide by each and every the stipu(ations, agreements, cond~tions and covenants in sa~d promissory oote and this mortgage ut fath. 9. ihat in the event the ownersh:p of the mortgaged premixs, w any part thereof, becomes vestrd in a perwn other than the MORTGAGOR, the MORTGAGEE, ifs successo~s and asaigns, rn~y, wiihou~ norice to the MORTGAOR, deal with such succeuw a successor in interest with reterence to this r.,o~~gs{~e and the debt Ixreby secured io the same mamrr n wi~h Mwtgsga without in any way vit~ating or d~scharg~ng the Mongagors' liabitity Merr under a upon the debt hereby ~cured. No sale of the premises hereby mortgaged and no fabearance on the par~ of the MORTGAGEE or its successors o~ ansgos and no extension of the time for the paymcnt of the debt he.eby secured yiven by the MORTGAGEE or its successors o? assigns, s.iall operate ro release, dscharge, modify change w affea the origina{ liabiliry of the MORTGAGOR herein, either in whole or in part. 10. It is spec;fically agrecd that time is of the easence of this contract and that no waiver of any obligat7en hereunder or of the obligatan sr cured hereby sha~l at any t:me thereafter be held to be a waivd of the fermi hereof w of the instr~ment secured herby. 11. In add~tio~ to the forego:ng monthly payments of princ"pal and interest required by the prom ssory no!e secured hereby, mortgagor covenants and agrees to pay to mortgagee v~~ith each monthly payment an add~~ional sum estimated by mwtgagee to be equal to 1/ 12 of the annual cost of the follow- ing: A-All real property uxes levitd or assessed against the above desabed real estate. B-PremEums on fire and windstam imurance as herein requ~red to be carried on the improvement: situate on the sbove desvibed premises. C-Premiums on such mortgage guarany insurar~ce ss mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee shail from time ro time norify mortg~gor in wriring of the amount due and paysble Fxreunder and such sum shall thereupon be dve and 'i rayabte on the due date of the next monthly payment and exh successive month tFKreafter ur.til mortgagee shall notlfy mortgagw of a change in such i a•nount. Such sums shall be spplied by mortgagQe toward the p~yment of reai property taxes, insurance prem:ums, and mortgage guaranty insurance ~ p-emiumf. • . ~ IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal tfie day and year first aforesaid. f 4 Sgned, Sealed and delivered in the presence of: ~ , . ~ ~ fi _ ' ' ~ ~1~.,..... ;ry~ ~ _ L f1~Ep ANO RECOROEO ~ ~pngtanCe oII one t~ ROCERCPOINRAS LA - ~ " ~ (Seaq ~ rtf :.~~:~UI~ COI.'RT (Sesq ~ ~-~-~1X.'7,~--'1~-- . - ,~i i!iF1E~~ (Seaq STATE OF fLORIDA 1 ~¢p n' S~~ couNn oF St. LuCie ~ J s~ra~ a?~u,, ~ppeared Coastance Cavvel iiontAoaery ~ ~7e ,o ~,e wen kr?ow~ .il~¢;~nOwo to~ n+6 ,o j~. . the individwls desuibed in and who executed the toregoiry instrument, and acknowtedged befwe me that they executed the ~aml=fp the - P~??P~' . rhe+ein exprcssed_ ~ - , ~ ' WITNESS rryr hand snd official seal t~+~+ ~~{-+E/ day of ~~~1 , A. D. 19~ ~ ~c~J ~ ~ ~~n-~as--~~ s Notary ublic in and for the S ate of Flwida at large n - My Commission expires: ~ Retum To: . _ - - - • - ~ s feder I s Hy . ~ i _ _ . ~ ~ ;r r' . ~ Fir t a Savings d. loan Association N i ~ s~.~ . ` , ~ ~ . . . . . , ~ Of Fort P~erce. ~ " i~'tt`. , ~:cr... - . Fort Pierce, ffaids ~ r.. T AT ~ _ ' ~ ~ ' ._.J ' v DOi~UMENTAR~ 5 AMF' 1_' I This Instrument Prepared By RfC1182'd K. Ke`ye8 .~E~~-~~~ ~EY~hU~ l First Federal Savings ~ loan Association ;.r~i~'Ti i'~~°~•; f~ ~ 5~J. V of Fort Pierce CD = Pg~ ~t Fort Pierce, Florida 33450 m ~ A Checked By 8 ~26~ M~~ . F ~ S