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To placa and coMinuously keep on the bui!d~ngs now or hercafter s~tuate on sa~d land ard on all equipment and personally cuvered by ihis morlg• ' .ii ,h,....~n ~,.~:d in full. fire insvrance in Ihe ~su3! s~andard policy 1orm, ~n a wm approved by ~he A10R(GAGEE, and w`nditorm ~ ~ye. ~,.am.::..... insurance in Ihe us~al s~anJa~d pol,ty torm, in a sum appro~•ed by ~ha MORTGAGEE, in such tompany or companies as ii~e R1Cn~v:.u.E ~ ~'i direU; and all fire and windsto~m insurante policies on any of said build~ngs, any interesl there~n or pn~t th~rcof, in the aggrega~e sum atoresaid or in extess Ihereof, shall comain thz usual sta~~dard morigagze c~aus~ or such other clause as ~he hlortyagee may requ~re, maAing ihe ioss under sa~d poli• cies, each an•1 every, payab!e to said A10RTGAGEE as its interest may appear, and each and every such po!icy shall be promptly ass gned and delivared to any held by snid h10RTGAGEE as further security to said mortgage debt, and, nol less than ten (10) days in adv~nce o( the expiration of each policy, to de- liver to said h10RTGAGEE a renewal Ihereof, together ~vi~h a receipt for ihe premium of such renewal; and Ihere shall L•a no fre or windstoim insurance plated on any of said buifdings, any interest therein or part thereof, untess in the fo~m'and wilh the loss paya6!e as aforesaid; and in thz event any sum _,.i:... <a~~t MC~RTGAGEE ehall have the opt~on to rece~~'a and apply the same on attounl o~ ihe indebt~d- ° - - : - r~.=_:_ - . ness secvred hereby or to permit aaid h10RTGAGORS to recen~e and use it or any part ih•~reof for o,her ~;vrposes, v~ithout tharcui ~va~~~~~g o~ ~,npa~r- ing any equity, lien or right under or by virtue of this mo:'gage; and i~ the event said MORTGAGORS shali for any reason iail to keep the said prem~se~ so insu~ed. or fail to deliver promptly any of said pol~ties of insurance to said MORTGAGEE, or fa~l ~romptly to pay iu~ly any premium therefor or in any respect fail to perfocm, discharge, execute, ef(ect, compiete, compiy with and ab~de oy tn~s covenani, or any pa~t t~areof, 3s~d 4'.ORiG~G~E ::Tay p!_c° a^d pay for such insurance or any part thereof without walving or affecting any option, lien, equity, or righl under or by virtue of lhis Mortgage, and the full amount of each and every such paymenl shall be immediately due and payable and shatl bear intzrest fro:n 1he date Ihereof umil paid at the rate of n+ne per centum per annum and to3ether with such interest shal~ be secuied by the lien o( this mortgage. 4. To permit, commil or suffer no wasta, impairr2ni or deterioration of said properiy or any part thereof. 5. To pay all and s~ngular the ~costs, tharges and expenses, including a reasanab!e attorney's fee and cos~s of abstracts of title, incurred or paid al eny time by said MORiGAG:E, betaust or in the event ef ttie failure on the part of 7he said h10RTGAGOR to du~y, promptly and f~lly pe~form, d~scharge. execute, ef(et1, complete, compty w~th and a6'de hy each and every ~he sYrp~lations, agreements, conditions, and covenants of said p~o:nissory note and this mortgage any or either, and sa:d costs, charges and expenses, each and every, shall be immediately due and payable; ~vheth~ r o~ not there be notice d~ mand, attempt to tollett or suit pending; and the full amount of each ar.d every s~ch payment shall bear interest from the dale thereof until paid at tt~e rate of nine per centum per annum; and ail said costs, charges and expenses inwrred or paid, together w~th such interest, shalt be secured by Ihe lien of th;t mortgage. A. That (a) in the event of any breach of this r.lortgage or default on th? part of Ihe h".ORTGAGOR, or (b) in the event any of said sums of money herein referred to 6e not promptly and (ully paid within thirty (30) days nexl afler the same severa!ly become due and payable, without demand or notice, or (t) in the even~ each and every ~he stipulaticns, agreemeNS, conditions and covenants of sa;d promissory note and th~s mortgage any or e~ther ure no1 ~uly, promptly and fully performed, d~scharged, executed, effected, completed, compfed with and ab~ded by, then in either or any such event Ihe said ag~ gregate sum men~ioned in sa~C promissory notz then rernaining unpaid, with interest accrued, and a~l moneys secured hereby, shall become due and pay able {ortl~v~ith, or thereniter, at the option of said h10RTGAGEE, as fully and completely as if all of ~he said sums of money were originally stipuiated to be paid on such day, anything in sa:d prom~ssory note or in this Mortgage to the contrary nohv~thstanding; and thereupon or thereafter at the opt~on of ~norr.nr.FF wlthnut .,nr;cA or demand. suit at law or in equitv, there(ore or therea(ter begun, may be prosecuted as if all moneys sec~red hereby had matured prior ta its institution. . 7. That in the event that at the beginning of or at any time pending any suit upon this Il~ortgage, or to foreclose it, or to reform it, ar to enforte paymeM of any daims hereunder, said hSORTGAG~E shall apply to Ihe Court having jur~sd;ction ~hereof ior the appo~mmeM of a Receiver, s~ch Court shall fortFiwith appoint a rete~ver of said mortgaged property all and sing~lar, includ~ng all and sing~lar the income, pro1~IS, issues and revenues (rom whatever tource derived, each and every of wh~ch, it being expressly urtde~stood, is hereby mor~gaged as if specificatly set forlh and destribeJ in the granting and habendum dauses hereof, and wch Receiver shall have all the broad and ef{xr~vz funct~ons and powers in anywise entrusted by a Court to a Receivzr, and :uch appoinlmeN shall be made by wch Court as an admi~red equity and a malier of absolute r~ght to said h10RTGAGEE, and without reterence to the edequacy or inadequaty of the value of the property mortgaged or to the so;venty or insolvency of said h10RTGAGOR or the defendants, and that such rems, profits, irtome, issues and revenues shall be applied by svth Receiver according to ~he ~ien or equity of said N10RTGAGEE and the praclice of such • Court. 8. To duly, promptly and fully perfarm, d'+scharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaaed premises, or any part thereof, Lecomes vested in a person other than the h10RTGAGOR, the h10RTGAGEE, its auccessors and assigns, may, ~vithout e~otice to the h10RTGAOR, deal vfith s~ch successor or successor ~n inlzrest with reference to thi~ mortgage and the debt hereby secured in the same manner as with 11~orrgagor without in any ~vay vitiating or discharging the Mortgagors' liability herr under or upon the debt hereby secured_ No sale of the premises hereby mortgaged and no forbearante on the part oS the /.10RTGAGEE or its successors . f e~:~..~• ~ Of BSS~gns antl n0 exTenSion OT tnC limc ior ine payment oi iiie ueui iie,ruy 5civ~Ed yi'•'n .~.y 7::= :'•~°T~~~EE C' it5 ~[[°==o.•s ~??1~ OTP~'-~~A lo release, d~scharge, modify change or affect the original liab~l~ty of the h'~ORTGAGORcherein, either in whole or in part. 10. It is speclfically agreed that time is of the essence of this contract and that no waiver of any obliga~ion hereunder or of the obligation se- t~red hereby ahall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. . 11, In add~tion to the (orego:ng monthiy payments of princ'ppl and interest reqo~red by the promissery nore secured hereby, mortgagor tovenants and agrees to pay to mortgagee vtijth' each mom~ly payment an add~~~onal wm esllmated by mortgagee so be equal to 1/ 12 of the annual cost of the follow- ing: / f A-All real property" taxes levie~' or ass ssed against the above described reat estate. 8-Prcmiums cn.lire and windstorm ins~rance as here~n requ~red to be carried on the improv_me~ts sitvate on th~ above d=scribed premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shail from t~me to time deem fit to carry on the loan sec~red hereby. Mortgagee shall from time to time notify mortgagor in writ~rg of tne amovnt due and payable hereundar and such sum shall thereupon be due and payable on the due date of tne next rr.onth!y payment and each successive mornh thereaiter urtil mortgagee shall not~fy mortgagor of a change in such amount. Such svms sF.a11 be applied by mertgagee toward the paymeni of rea! property taxes, insurance prem:ums, a~~d mortgage guaranty insursnce przmiums. IN VJITNE55 `1UIiEREOF, the said h10RTGAG02 has Fereunto set his hand and seal the day and year first aforesaid. d, led and~elivered ' th pr sence of: ~ ~ Seal) ~ (Seal) ' ~ - - (~ea 1) (Seal) STATE OF FIORIDA COUNTY OF SfilTlt LUClA ~ Before me persona!ly appeared Theodore nreseher and LOU~ 9@ a Dre s ehe r his ~vife, to me well known and knov~n to me to be the individuals described in and who executee~ the foregoing instrument, and ackno~ritedged before me that they executed the same for the purposes Iherein expressed. And the said T~OUlS@ ~ c Dreseher wife ot the said T~,eodore DT'PSC118P , upcn a separate and private examination by me taken separate and apart from her said sband, acknowledged to and before me that she executed said instrument fresly and volun• . tarily and without any compulsion, constraint, apprehensi r fear of ar from her said husband. : +NITNESS my hand and official seal this / day of Februar A. D. 19 66 , ~ ~ G- ~ Notary Public in and for the State of Florida at large 3 h1y Commission expires: ; Retum To: - First Federal Savings !4 loan Assoc+af' ~ Np ~E~pp~pEO ~~a~afY ~~~~~.•State af Flo~ic~a at large ~ ~1 LE~~~ < cF Fot~ P~erce. L~~~~ Q Q K My Com;nission Expires Nor. 3, i469 ; Fort Pierce. Florida 'N---- ` E~^d~d c'r A~r~::ca~ Fvs 8 Cac~al.y Ca~. ; ~ ~~~C'~.G~ , ew . ~ . _ # ~ . , t 8 PM 3 : 53 ' ' ' ~ ' , 66 FE6 _ _,v' ~ ~_'L~>i~ , ~ ~~~..•~q . ~ . ! ~t) ~ ~ _ ..r ~ ' ' E :7' '~';~5. C~ERK . _ c} _ _ _ . - . ~ R 0 G Ft , i r, - . . _ . _ _ , ST-. LUCIE COUhTY. ~ ~ -o f~~. : . ~ ~ ~ ~ - F ~0 R t D A . , ; • ~ ~ . . , - . _ • . ,~•~.-~tl~~'~ ~ _ J x '``•f' . ii:. ? . ~ ~ ~ ~ A OK 1~S