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J. To plao~ and contGwously ke~p on th~ buiidinps now a l+a~aftN ~itvat~ on said land ar+d on +11 puipmeot ~nd penondly cownd by MA morq~
~p~, with dl p~miwdt tF.~v~on p~id in full, fir~ insurana in the vtwl sundrrd poticy form. ~n • swn +pprowd by th~ MORiGAGEE. ~~d windNonn
{rqwanc~ in th~ utw) standa?d pol~q fam, in • wm approved by ~M MORTCaAGEE, in wch comp+ny a canp+ni~s tM MORTGACsEE m+r
dk~cf~ w+d ~II fk~ and w~ndNwm insurana policies on ~ny of said b~+ildirgs ~~y intNht tl+erein a puf therwi, h tM yqrpN~ wm ~fwtaid a
M taua 1l~wf, ~h+ll cont~in th~ vswl ~t~ndard morty+pN claus~ a such otMr clav~e a tM Mo.tp~e a+ay requKe. m+kieg the loss w~da said pd}
ciM. ~acA u+d ~wry. p+Yabl~ a~ad MORTGAGEE as i» intereit may app~a~. aeid sach and ~wry ivch policy ~MII bf pranptiy ~ss:pned ~+d dtlivK~d M
~ny. h~W by said MORTWIGEE ~s funha ~etu~ity to W1d mo?ty+~ dtbt, and, ~ot i~ss ~h~ t~n (10) days in ~dv+oc~ of tM expir~tion of Nch policy, ro da
liwr ro aid MONTGAGEE a nnewal thcrwf, ropethK with a receipt for ths ptmium of svch ~~ntwalj ant! ~htr~ shall be no f'u~ a windttam i~uwana ~
plao~d on ~ny of s~id buildinps. ~~y i~tenst tMr~in w p+?t d+Kwf, vnless in the fum'and with tM ioas paysbl~ as afaes~ids ~?d 8+ th~ ~wnt any swn ~
of morwy becwnq paYabl~ undK wch polky a policiK s~id MORTGAGEE shall Mw th~ optan to ~euiw and appfy tM u~ on ~tco~+M ot tM ind~btad~
nas s~cvnd Fwreby a a peimit s+id MORTGAGORS ro receiw ~nd us~ i1 p sny put tF?ereoi for other purposes. without thereb/ waivi~y or impak- e
inp anr pvity, lien a~ipht u~der w by vinw of this morsp~pes +~d 1~ tM ~vent ~a~d MORTGAGORS slult fw any nason f~il ro keep the s+id pr~e?ise~ w ~
iraured, w f~il b tkliver promptly aeY of said policies of ins~nnu ro s+id MORTGAGEE, o~ tail promptly to p~y fully anY p~emlum ther~fw a In ~ehr
r~sp~ct fail w pMfoan, dischar~, ~xecvt~, ~ffect, comptet~. compy with ~nd abid~ b~r N?is cove~+n~, a ~ny p+.~ henof, isid MOitTGAGEE m~y plac~ ~nd
paY (w wch imwaMt or u~y p~rt thereof without waNinp or aff~ctGp aMr option. (iM. wuitY. o~ rgM w+dN a by virtw of thif Mort~ap~, ar.d tM
fv11 «~wun~ of e,ch .nd ewn P+rnxm ~11 b. i~n.d~a~•y du. and py~W. .nd sh+l1 b.ar ine.~.s~ fram d,. daa rM.eof umil paid a~ rM ~aq ol
nin~ pN neu~en p~? annvm and togethe~ with sutA interest shall b~ s~tured by tM lia~of fhis mottpape.
1. To pKmi~, aanmit o? wif~r no wu~~, imP+irment w d~terior~tion of ~aid p~operty w u~y part tMrwf•
S. To p+y all ~+d sirpul~r the ~cosri, chupes and expenses, incl~dinp ~~so~sbk ~nwn~y's fe~ and cosb of ~bstracts of titl~, incwr~d o~ psid st
•ny tim~ by wid MORTGAGEE, b~caus~ a 6~ tln ~wnt of tM fsilvro on the p+N of the taid MORTGAGOR to du1y, prompth? ~nd fully pKfonn, diich+r~
execvl~. ~ff~a, oomplet~. complY with and abid~ by ~ach and ~very tl+e s~ipubtions, apreemenM, conditiora, ~nd eown+nn of s~id p.anissory nob and ~hi~
mwt9p~ ~~ryr a~ither. and sa~d cos». chupes ~nd txpeae~, ~ach and ~very. :h~ll b~ immedia~ely dw ~nd pay~blr, whether a not tMr~ b~ notic~ ds
m~nd, ~tqenpt to tolbej or wit p~ndlrg: and tM full s~now+t of esch and ~wry wch paYmtm th~ll be+? inter~st from th~ dat~ the~wf v~til paid d th~
rate of nin~ pe~ centum per airwm: and all ~aid cd~ts, chu9es and expenses innnred a paid, top~tFw~ w~~h wch interat. ah~ll b~ ~cvrad bp tM li~n of thi~
m
I
mar~pp~.
A, T1+~t in th~ went of sny bresd~ of this Mortya~ or def~ult on tM part of the MORTGAGOR, a(b) in ths ~vent ~ny of ~aid swns of mone~
henin nhrr~d to b~ not prompny +nd fully paid wi~hin thirty (30) days n~xt aftH tM same severalty becane due and p+yaWe, without d~mand o? notics.
or in th~ wMt ~ad~ and w~ry ths stipulatlons, ~greNnsnn, conditans ~nd coven+n~s of sud promissory note and this mortyape any a ~itl+K ar~ eo1
~u~y. prpnptly ~nd fully pKformed, d[scharped, executed. ~ffscted, completed, complKd with a~d +bided ~iy. then in eitlNr w any such ~v~nt th~ said a¢
Qrq,~te wm m~ntio~ed in s+id p?ar~iuorY noh then rem~inir~ unpaid, with intereit stcrved, and all moneys sacured I+sreby. sMll beton~ dw ud pap
~ble forfhwith, W tFl!?NfTN, at tFN optan of ssid MORTGAGEE, ~s fully and complNely ~s if all oi the asid surm of mon~y wer~ aiginally stipulatcd
t0 be paid on wd~ day, anythinp in said promiasory note or i~ this Mwt9age ro th~ contrary notwithatudinp; and thc.eupa+ or ther~rafter at tM op~ion of
said MORTGAGEE, without notic~ or demand, wi~ at I~w or in equity, therefo.~ or thereafre~ beyun, m+y be prwecuted as if all moeey~ seu?r~d ha~by
iNd trytWed priot to in institution.
7. Th~t in th~ event that at the beginning of w at ~ny tirr» pendirg soy wit upon tha Mortgye, or to fweclos~ it, or to reform it, w to ~nfuo~ .
psyment of aenr dsims here~nder, said MORTGAGEE iMII apply to the Couh having jur~sdktion thereof fa the +ppantrne~?t of a Receiver, wch Coun sMll
Fatiivvith ~ppoint s receiver of aid matg+ged property all and sinpul~r, includ~ng all and singulu tM income, profits, iswes a+d ~evenues from wh~taver
sowa derived, each and evety of whith, it beinp exprculy ~nderstood, is hercby mortgaged u if specifitally aet fath ~nd dewibed in th! ynntinp and
hab~ndum tla~ses Aereof, aed svch Reuiver shall have all the bro~d and effective functwns and powen in u~ywise entrusted by ~ Court to ~ Receivsr, and ?
such appointment tMll be made by s~th Court as an admitted equity and a rratter of absolute right ro s+id MORiGAGEE, and withovt refercnce ro tM ;
adequacy p in~dequacy of the value of the propery mortgsged or to the sowency w inwlvency oi aaid MORiGAGOR a the defendenn, and t!»t such
renn, pro1i», incane, iuves snd revenues sMll bs ~pplied by s~ch Receiver acco.diry to the tien or equity oi said MORTGAGEE and tM pradiu of wch
Court.
& To duly, promptly and fully p~rfwm, dischuye, execute, effect, complete, cornply wi~h snd abide by each and ev~ry the stipulations, ~pre~ments,
cond'nions and covenants in ~±id promiuory note ~nd this mortgsge set forth.
9. Tha1 in tM event tM ownenhip of the mortyap~d prem~ses, or any part thereof, becomes vested in • penon other than the MORTGAGOR, th~
MORTGAGEE, iri successon ~nd ~asipns, msy, w~thout no~ice to the MORTGAOR, deal with such succeuor or wcceuor in imerest with reference to this
mortp~ ~nd the debl hereby set~red in tM sa~ne manne? as with Mo~tgagp without in ~ny w~y vitiaYuiy a dixMrying the Mortpagon' (iability hera
under or upon the deb~ hereby secv~ed. No s+le of the Fremiscs hereby mort9sged and ~+o (ubearance oe~ tM pan of the MORTGAGEE or in successon
w~ssigns and no extcnsion of the time fa the p~yment of tF~e debt hereby secured 9iven by the MORiGAGEE a its succeuors ot sssiyro, shall opeuN
ro mkas~, d~schsr~e, modify change w~ifect the orig~n+l IiabiGty of the MORTGAGOR herein, either in whde or Ln part.
10. It h specifically apreed that time is of the eascnce of this contrsct and that no waiver o( ~ny obligation hereunder w of ths obliy~Yan te~
curad her~by shaU ~t any time thereaftar be held to be a waiver of the ttrms hereof a of the instrument secwed herby
11. In a3dition to the fwego:ng monthly paymenti of prinCp,l and intercst tequ~red by the prom~sso?y no~e secured hereby, matg+gw covenantt
and aQrees to pay m mortgsgee with each monthly payment an add~rional sum esumated by maty~gee to be eqwl ro 1/14 of the annusl cost of the follow-
ir~: .
' A-All real property taxes levied w assessed against fFx above describcd re~l estate.
i B-Premiums on fire and windstorm insu?ancc ss hcrein requ~red to be urried on ~he imp~ovemenb sitwte on ths ~bove dtsuibed premises.
E C-Premiwns or? such mo~tgage gwranty insu?arKC as mortgagee shall from t~me to time deem fit to urry on the loan secured hereby.
~ Mortyagee shsll from time to time notify mortgagor in writing of the smount due and payabk hereunder and suth wm shall therevpon be due and
wv~bl~ on the due date of the next montF~iy paYmenl and exh s~ccessive month thereafter until matqa~ee thsll ratify mortgsgor of a change in wd~
~ amount. Such wms ahall be applied by mortyapee towsrd tF+e payment of real p~r taxcs, inswance prem:ums, and mwt~sye gwranty i~u?ance
premiwru.
IN WRNESS WHEREOF, the s+id MORTGAGOR has hereunto set his hand snd seal tF+s day ~nd ye+r first sfaesaid.
ab and liw?e~ tM esence of: e
c_..~~~ q
~n
STATE OF FLORIDA
~ St. Lucie ~ ~ ~
~ „w ~~,a„iw,~,,,,~ Ralvh E. Giger ~
_ Ha rri e t L_ G i&e r M, w;r~, to n,e ,,,,.u kra~,n ,na wwwn „ m, w b.
the Gd'nidwb describad in and who ~aecuted tM faeyoing instrunxnt, and ~cknowledped befwe ms that tFwy ~xecuted th~ sam~ for tl+e purposes
~r~,~~ .~,.~a. A„d Harriet L. Giger
wife oF tM ss~d R a lph E. s ige r ~pw~ ~~p~r~t~ ~nd privat~
exem'a~ation by m~ qkee sep+raf~ ~nd apart from he~ taid husbsnd, ackrawledped to ~nd before m~ tbat she ex~tvted s~id iratrwnent hsely and volwt
rarily and witho~t aqy compubion, constraint, sppreF~ension, a f of w from her s~id lwsband.
WITNESS my h~nd ~nd offkial s~al this dsy of A. D. 19 66
~
Notay Public in u+d fw the Statt of Horida at L~r~e
Mr Commission ~xpires: F
Retwn Ta
Hrst F~den) Savinps i losn Association
o~. f«, PK?«. FILED ANO RECORDED tiotarr Pul~i~, State a! Horida at targe
~o.r P~~.~e, Fb.~d, ST. l.UC1E COUNTY. FLA. ~Ilp Co.mi:sion Expira No.:•~; i969,
RECORD VERIF~ED b.dM ~r ~.uKa. Fjn a~y;~j;~~
• w-~~~I~ ~ ~:.1 i, a. i~
C?~~i~ ~ ~ .i ~
L.••'
i~rtY 3 I PM 3 : 45 ~ - ' - :s
oa F,~,~ ~n v: J^.
_ 145"708 , i ~ _ ~ _ .
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OITRAS r~~:.,~ s•~-, p~~ : -
CLERK CIf2CU17 COURT ' ~ °
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600K147 - ~ > !
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