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To place snd continuouely ke~p on the bu~td~ng~ r+ow or Mr~after ?~tu~q or said land and on s1i equip~nen~ u~d penonaily cove~ed by ~his morr9- sys, with all pr~mi~ms thereon paid in (ull, fire insurance in tM u~v~l standud policy form, in a sum aypoved by the MORiGAGEE, and w~nds~orm insuranc~ in th~ usual ~tandard pol~cy fwm, i~ a•um app~oved by the MORTGAGEE, in such canpany or compan~es ss the MORTGAGEE may d~rec~; and all fire and w~nds~orm insurance policiet on ~ny of ie~d bvild~nps. any intere~~ therein or pu1 Ihereol, in ~F+e agg~e~+?s tum afaeze~d w = In ~xc~a thereoi, sMll contain tM ~nwl it~~dard morlya~ cl+us~ or such o~he~ cl~us~ at fhs Mo+~ys9ee r+~ay requu~. makirp the tou under s.+~d pot~ cie~, each and evKy, pa~abl~ to said MORTGAGEE as ~H intereil may ~ppe+r, a~d each and ~ve.y urch pol~cy ihall be p~omp~ly a»y~+ed and delivered ~o • any held by ~aid MORTGAGEE ~s funha security to said mort~a9~ debt, ~nd, not lau than ta? l10) days i~ advance of ~he e,piratio~ of esch poticy, to da I~ver to said MORTGAGEE s renewal Ihereof, tope~her with • receipl for tM premium o( t~rch re~ewal; and ~F+are sha11 be ~o i~re or windsto~m iniurance plsced on ~ny oi taid building~, ~ny intereu 1F?erein w parl tFwreof, unleu in the form and with the loss payabte as afo~esaid; and in Ihe event any sum . of monsy betomes payable u~da? ~uch policy or policies said MORTGAGEE shall Mvs IM opt~on to receive and apply ~he ~ame on accoum of the indebtrd- ness securtd M~tby w ro permit iaid MORTGAGORS ro receive and u~ it or any part ~heceoi tor otner purposes, vi~~h~ul ~h_•cbi wai~7nq or ~n~poi~- ing a~y e~ity, li~n w riyht unde~ w by virtw of thii mortyayst ~nd in tM ~vent ~aid MORTGAGORS shall fw any reasa+ f~il to keep ~he u~d prem~ief w insurcd, ot fail to deliver promptly a~y of iaid policiea of ins~rant~ to said MORTGAGEE, w lait promptly to pay fully ~ny pre~n~um therefor or in a~y ' respect fail b pafam, diuha~ge, axecute, eftect, tomplete, comply with snd ~b+d~ by this covenant, a a~y pa~t hereoi, se~d MORTGAGEE may pia<e a~~d pay fa such insuranc~ or ~ny paA fherMf without waivinp or affMinp any opYwn, lie~, pu~ty, or righ~ under or by virtue of tht~ Mo.tgage, and the full amouM of each and every such payment shall be immedi~ttly dw and payable ~nd shall bear intereit (rom the date ~hereof until paid at the rate ot nine per centum pa annum and to~ether with such i~terest sl~all be secured by IhQ lie~ oi this matgage- 1. ~o pe~mit, commit ot iuf(er rq waite, impairment p deterior+tion of s+id property or any part thereof. 5. To pay all and sinpulu ths cotts, charges and expenses, including a reasonable attwney i fee and costs of abst.ads of t~tte, incurred or pa~d ar any time by said MORTGAGfE, betause w in the event of the failurs on tht part of the said MORiGAGOR to duly, p~omp?ly snd fu!ly pe~fotm, d~xharge. execute, etfett, tomplete, comply with and ab~de by eath and every the itipulstiwu, ~reements, condi~ions, and covenanrs oi ia~d pranisiory note and thi~ mortgage any a ei~her, a~d sa~d cos~s, charges and eapenses, each and every, shall be immediatety due and payable; whether o~ not the~e be not~ce de mand, ~ttempt to tollect w suit pending; and the full amount of e~ch and every such p~ymem shall bea. interesf from the date thercof until paid at the rate of nine per ccntum per am~um; and all said costs, charges and expenset incurred w paid, together w~th such intcrest, shall be secured by the lien of th~~ mortyape. 6. That (s) in the event of any b?euh of thia Matgape w def~ult on the part of the MORTGAGOR, w(b) in the event any oi sa~d sums of money hzrein referred to be not promptly and fully paid within thirty (30) days next after the same severa'~y becor+e due and payable, without demand o~ notice, or (c) in the evenl each and every the stipulations, agreements, conditioni and covenants o~ sa~d promisso~y r+ofe ar.d fh~s mortgage any or either are not iu1y, promptly and fully perfwmed, dixharged, ezKUted, eifetted, completed, complied with and ab~ded by, lhen in e~ther w any such event tFa sa~d ag g~egate wm mentioned in said promiuoty rate Ihen remaining unpaid, with interest acuued, arxl atl moneys secured hercby, shall bacome due and pay able forthwith, o? thereafter, at the optio~ of said MORTGAGEE, at fully and completely as i( atl of the sa~d sums of money we~e aginally st~pulated to br paid on suth day, anything in sa;d promissory note w in this Mortgs9e to the contrary notwiths~anding; and thereupon w theresiter at the opt~on of said MORTGAGEE, without notice w demand, :uil at law oi i~ aquity, therelore or lhereafrer begun, may be prosecuted as if all moneys secured hereby had matuted pnOr to iri institutiort. 7. That in the event that at the begir+ning of or af any tims pending ~ny wit upor+ this Mo~tgsge, w to fo.eclose it, or to leiam it, or to en(orce payment of any claims hereunder, said MORTGAGfE shall app~y to the Court having jurisdiction thereof for the appa~ntmen? of a Receive~, such Court shall forfhwith sppoint a ~eceive~ of said mwtgaged ptoperty all and singula, inclvd~ng all and sing~lar the income, prof~ts, issues and revenues from whatever ~ource derived, each and every of which, it being expressly under:tood, is hereby mortgaged as if spec~fitally xt forth and dewibed in the granting a~d habendum clauses hereof, and such Receive~ shall Mve •II the brwd end effecrive funct,ons and powers in anywise entrusted by a Court to a Recei~er, and s::ch appointment shall be made by such Court as an admitted eqvity and a matt~r of absolute r~ght to said MORTGAGEE, a~+d wi~hout reierence to the adequacy ot inadeqvacy ot fhe value oi Ihe p~operty mortgaged a to the sotvency w insotvency of sa~d MORiGAGOR or the defendants, and that such rents, profin, income, iuves and revmues shall ~e spplied by such Receiv~r according to the lien or equity of said MORTGAGEE and the practice of such COUrt. 8. To duly, promptly and fully perfwm, discharge, execute, effed, complete, compty wilh and abide by each and every the stipulations, agreements, conditions and covenanes in sa~d promissory note and this mwtgage xt forth. 9. That in the event the ownership of the mwtgsged ptemises, w any p~rt thereof, 6ecomes vested in a perton other than the MORTGAGOR, the h':ORTGAGEE, its svccessors and auigns, may, withoul ratice to the MORTGAOR, deal with such successor a successor i~ interest with refere~ce to this ~nortgage and the debl hereby. secured i~ ihe same manner as with Mortgagw withovt in any way vit~ating w d~scharging the Mortgagori liabil;ty hero- under or upon the debt hcreby secured. No ssle of the premises hereby mortga9ed and no forbearance on Ihe part of the IAORiGAGEE or its successws or ass~gns and no exiension of the time for the payment of the debf hereby secured given by the MORTGAGEE or its suttessors w assigns, atwll operate ro release, discharge, modify change a a(fect fhe original liability of the MORTGAGOR herein, either in whole or in pa~t. 1.0. It is specifically agreed that time is of the essence of this contract and that no waivet of any obligation hereunder w of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof o~ of tF?e instrument setured herby. 11. In add~tio~ to the forego:ng morohly payments of princ'pal and interest required by the prom~ssory ~ore secured hereby, mortgagor covenants ar.d agrees to pay to mortgagee vvith each monthly payrnent an add~rional sum est~mated by mortgagee to be eq~al ~0 1~'i2 of the annval cost of the fotiow- Ing: A-All real propeny taaes levied or assessed agai~st the above descri5ed real estate. 8-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above d=sc.ibed premises. - C-Premiums on such mortgage guaranty insurance as mortgagce shaU from t;me ro time deem fit to carry on the loan secured hereby_ M.ortgagee shall lrom time to time notify mortgagor in writ~ng of the amou~t due and payable he?eundrr and such s~m shall thereupon be due and ~ayable on the due date of the next monthly payment and each successive month theresfter ur.til mortgagee shall notify mortgagor of a change in svch a^~~ount. Such sums shatl be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, a~~d mortgage guaranty insurance premiums. j IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seai the day and year first a(wesaid. ~ Sipned. $ealed and deliver in t1+e ptesence of: ~ • r aG~~! F - ~ ~HO6~L-LZ~t~t- .Seaq ~ (Sea~) ~ ~ ~ (Seap ~ clT]lE ~5 (Seeq ~ SiATE Of FLORIDA St . i~c i.e ~ couNTY OF Befwe me personally appeared Rnh~r' i~c~ C- sh and ~F1Aie LQ~ C'a.f.Yl his wife, to me well known and known to me to be the individuals described i~ end who executed the fuegoing insuument, snd acknowledged before me that they executed the same for the purposes !nerein expressed. And the said Jan i e i.f' C i. ~ Sf1 Ro~crt :..ee Cash r~ife of the said upor? a~yeQafalit•u~d privat~ e.am:nata~ by me taken scparale and apan from her said husband, acknowledged to snd before me that she executed ssid instrument fSge~Y end'volun- rar~Ey aod without any compulsion, constraiM, apprehension, w fe~r of a from her said husbsnd. WITNESS my ha~d and official ual this ~~'s i7~ ds of , ` ~ r ' -A_`b. 19 " 7 ~ G . _ _ ~ N y Public in end fw tF~e-State ot fbrid5 at larqe ~ Commiuion expires: '1 `f . - . . ^ - . Returrt To: r,'• ~ Firtt federal Savings 3 Loan Assxietion ' ~ ~ ~ OF fort P~erce. ~ ~K• S•b~ ~,~t'{{~t~~„ ~ Fort Pierce. Florida ~p~SqO ~QI«L t~C~. ~i'I?v~ ~ b~d~d b~"r} fn a Cas:~t7r Geip±il~'. 3 ~ . ~ This Instrument Prepared By R. C. Poinrlextor ~~0 F~rst Federal Savings & Loan A iation F lE0 ANO RECORDED of Fort Pierce ,~or icia a~.LUC1E COUNTY F~A. ~ ROCER P01TitA5 T Fort Pierte, Florida 33450 c^~~CU~~ COUR• ~ ~ --f ; . •V^.rict~ vS~, `hecked By Q~:3 3 32 PM ~71 ~ E~2~7 ~ 497 ,