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Tu place and continuousiy keep on th~ buildings nox or hereatter s~tual, un aaid land and on all equipment end personetly covtred by Ihis mortg• age, with all ptemi~~M iherron pa~d in futl, fire insvrance m~Ra usuai s~a~:;i~~.f H~`:;.y fi,r~5•~, ya a,...., ~Yprc:~ed by ~he MCIRTGAGFE, and windstorm insurance in ihe vsual standar~ pot;cy form, in a sum appro~•ed hy ~he h10RTGAGEE, in such company or compan~es as the h10RTGAGEE mey direct; and all fire and windstorm insurance policics on any o( said buiid~ngs, any interest therein or part lhereof, in ihe agg~egate sum aforesaid or in excess thereof, shal! contain the usual standard rnortgagee dause or such oiher clause as the Alortgagee may requ(re, maAinq the loss unde~ s~id pali- cie~, each and evtry, payable to said A10RiGAGEE as its interest may aPpear, and each and every s~ch policy shall be promptly ass gned and detivered to eny held by s~id h10RTGAGEE as Further security tu said mortgage debt, and, not les~ than ten (10) days in advance of the expiratien of each policy, ta de- live? to said MORTGAGEE a renewat thereof, ~ogelher ~vith a receipt for the prem~um of svch renewal; and there shall be no fire or windsto~m insurance placed o~ any of sa~d buildings, any interest therein or part thereof, ~nless in the form' and with the toss payabte as aforesaid; and in the event any tum of money becomes payable vnder tuch poticy or policies sa;~J MORTGAGEE ~hall have the option to receive and apply the same on account o~ the indebted- ness secured hereby or to permit said MORTGAGORS to rrceive and use it or any part thereo( for oiner purposes, ~vithout th_reb~ ~vaiving or ~n,pair• [ ing any equ~ry, lien cr righl under or by virtue of this mo:tgage; and in 1he eve~t said MORTGAGORS shal! for any reason fai! to keep the said premises ~o insured, or fail to deliver promptly any of said policies of insuiance to said h50RTGAGEE, or fail promptly to pay fully any premium therefor or in any ~ ~espect fail to perfoem, d~scharge, execute, effecl, completa, comply wirh and ab~de by thls covenant, or any part hareof, said h10R1GAGEE may place and pay fer tuch ini~rance or any pert thereof w~thout watving or aftecling any optio», lien, tquity, or right under or by virtue of fhis Mortgage, and ihe full amount of each and every such payment shall be immediately due and payable and shall brar interest from tha date thereof until paid at tho rate ot nine per centum per annum and togethtr with such interest shall he secured 6y the iien of this mortgage. 4. To permit, commit or suffer no ~vaste, impairmenl or deterioratton of said property or any part fhereof. 5. To pay all and singuiar the ~costs, tharges and expanses, including a reasonable attorney's fee and cosls of abstracts of title, inturred or paid at any time by said MORTGAG;E, becaus~ or in the event of the failure un the part of the said h10RTGAGOR to duly, pron,ptly and fully per(orm, d~scharge. rxecute, effett, tomplete, tomply with ar.d ab;de by eath and every the stip~lations, agreements, tondilions, and covenants of said promissory note and this mortgage any or e~rher, and sa;d cost~, charges and expenaes, each and every, shall be immediatety dve and payable; whether or not there be not~ce dz mand, attempt to collect or suit pending; and the full amount of each and every s~ch payment shell bear interest from ihe date thereof until paid at the rate oi nine per centum per annum; and all said costs, charges and expenses incurred or paid, rogether with such intetest, shall be se<~~ed by the lien of th~s mortgage. 6. That (a) in the event of any breach of this hlorfgage or default on tha part of the MORTGAGOR, or (b) in the event any of sa;d sums of money herein teterred to be not promptly and fully paid within thirly (30) days next a{ter Ihe same severatiy beconie due and payable, without demand or notice, or (c) in tha eveqt each and every the stipu!ations, agreements, condifions and tovenaNS of said promissory note and th~s morlgage any or either are no1 ~vly, promptly a~d fully performed: d~scharged, executed, eifected, completed, complied wi~h and ab~ded tiy, then in e~+her or any such event the said ag- gregate sum mentioned in eaid promissory note then remaining unpaid, with interest accrued, and all maneys secured hereby, shall betome due and pay eble forll~wilh, or thereaftcr, at the option of said MORTGAGEE, as tully and compfetely as if all of thz said sums of money vti,•ere originelly sripul~ted to be pa~d on such day, anythir,g in said promissory note or in this P.tortgage to the contrary notwithstanding; and thereupon ar thereafter at the opt~on of taid MORTGAGEE, without not~ce or demand, suit at lacv or in equ+ty, therefore or thereafrer begun, may be prosecuted as if all maneys secured h?reby had matured pr~or to its institut~on. 7. That in the event that at the beginning of or al any time pending any suit upon this Mortgage, or to foreclcse it, or to reform it, or to enforce payment of any claims hereunoer, said h10RTGAGEE sha(I appty to the Court having jurisd;ction thereof for the appo~ntme~t of a Receiver, such Court shall forr}iwith appoint a recei~er of said mortgaged property ail and singular, includ~ng all and singular Ihe income, pro(~is, issues and revenues from whatever source derived, each and every of ~vh~ch, it being expressly understood, is hereby mortgaged as if spec~fically set forth and described in the granting and habendum dauses hereof, and such Recefver shail have all the broad and effeu~ve funcr:ons and powe~s in anywise entrusted by a Court to a Receiver, and suth appointment shall be made by such Court as an admitted equi~y and a matter of absolute right to said h!ORTGAGEE, and without reference to the adequacy or inadequaty of the value of the prpperty mortgaged or to the sotvency or insolvency of said MORiGAGOR or the defendants, and that such renre, profits, encome, issues and tevenues shall be applied by such Reteiver atcord~ng to the lien or equity of said MOfiTGAGEE and the prattice of such Court. d_ To duty, promplly and fully perform, d~s~harge, execute, effect, complete, tomply v~ith and abide by each and every the stipulations, agreements, conditions and covenams in said promissory note and this rnortgage set forth. 9. That in rhe event the ov.nersh~p of the mortgaged prem~ses, or any part lhereoF, becomes vested in a person olher than the MORTGAGOR, the : MORTGAGEE, its successors and assigns, may, without notice to ihe h10RTGAOR, deal with such suctessar or successor in interest ~vith reference to this ! mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vit;atin9 or dfscharging the lllortgagors' liability here~ under or upon 1he debt hereby secured. f+io sa+e of the premises hereby mortgaged and no forbearance on the part of the /110RTGAGEE or its sutcessors or assigns and no extension of the time for the payment of the aebt hereby secured given by ~he MORTGAGEE or its svccessors or assigns, ai~all operate to release, d~scharge, modify change or affect the original liabitity of rhe h;ORiGAGOR herein, eithrr in whole or in parl. 10. It is spe~~fically agreed that time is of ihe essence of this contract and thar no waiver of any obligat;on hereunder er of the obligation se- ~ cured hereby shali at any time thereafter be held to be a w,•aiver of the terms hereof or of the instrument secured herby. 11. In add~tion to the forego:ng mon~hly paymems of princ'p~l and interest requued by the prom~sscry note secured hereby, mortqagor covenaros and agrees to pay to mortgagee ~vith each monthty payrnem an add~rionat sum estimated by mortgagee ro be Equal to }/12 of the annual cost o( the fo!!ow- ing: A-All real property taxes tevied or assessed agai^st the above described real estate. B-P~emiums on fire and ~vindsto:m insvrance as herein requ~red to be carried on the improveme~ts situate on the above d:scribed premises. 5 1 C-Premiums on such mortgage guaranty insurar~ce as mortgagez shall from time to tirr.e deem fit to carry on the loan secured hereby. s Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall ihereupon be due and , payable on the due date of the next monthly payment and eath successive month thereaftcr until mortgagee shall notify mortgagor of a change in such amount. Such sums shall Ce applied by mortgagee to~,~~ard the payment of real property taxes, insurance prem;ums, and mongage guaranty insurance premiums. IN \YITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first for eid. ed, aled and delivere the p sence of: ~ n/. ~ t~ cC/i ~ (Seaf) (Seal) 4 (Sea!) ' STATE OF FLORiDA ~ Saint Lucie COUNTY OF ~ ~ eefore me personnlly nppeared _ M&C~Ale~ri9 Virsrinia riQl~.Ott'.! a 3~Il~lp a(~U1~ •a~g- "'h%~ ~vi4e~ to me well known and known to me to be ~ the individua described in and who executed the foregoing instrumero, and acknowledged before me that t~T~ecuted the same for the purposes ; therein expressed. /~j~36Y7HStx II i I ~~~~pj[X~~~+~Y~~YY.3Ci ~7C~p~~~c~~~yi~.~r~i~~i1+~y yp~1C ~y yUy~~y~y~y~fi3~7~y~y1+X3~YBX ~ ~pl+Y]~LR"'"4 Q~1Jf7C~l~OFI~t /LW+iN~OW4~.~i'l~fY73tTw~Ci~71~~6..AGTUf7eX i 02 M Y,fITNESS my hand and offic~al seat this ~ _ day of A. P. 19~ 1 ~ ~ Notary Public in and for the State of Florida at larga My Gommission expi~~tary Pub!;c, Sfate ~f Florida at large ' Return To: First Federal Savings d Loan Associat~on ~Rp~p 1r1y Comm~ssion Expires Nor. 3, 19b9. Of Forf Pierce. ~'~L~}Q ~ A• ~ ~ oOK Bo~Crd C/ Ar._:,;ai F,~o 3 Casuj!ry Co. Fort Pierce, florida ~k1t7 1'0 ~ ~ ~ • ~,~lil'.~,•;~•~'i,; " , ~ .y,` . t:~ ,'It:! y ~~a.~.., , ' _ i 3 • . - Y.~~ ~ ' ~ - '66 JAt~ 13 P~1 • 2 ~ ~ ~ ; . . ? • ~ ' ; .I,,~ - ~.JL~~~~ . '~4ti ' ; - . = _ ROG~'~ i'~:?i-~ i~HOUNTY~K ~ s~ e~" ~ t~ ~ . j ~ ~ i ~ ~ : = ~T. LUC~~ C - ' pRIDA , , ' = . F~ I - ~ ~ ~ . • . 'Y . ~ ~ % , ; • . . = - ~~~f~ ~ u R ~3 . ~ ~ 800K ~ ~VO:` ~ . ~