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To plac~ a~d contin~ously kNp on tM buildinps now w lx~eahN utuat~ on s~id land ~nd on ~It equipmeet ~nd p~~sooaily covtr~d by this rtwrt~ ~y~, with aU pramiums the~eon paid in (ull. fir~ Insuranc~ In ~M viwl sundard policy form, G? • ium approv~d by th~ MORiGAGEE. and wind~torm in~wu+c~ in tM uswl ~tandard policy fam, in ~ sum ~pproved by th~ MORTGAGEE, in wch comp~+y or companies ss tM MORTGAGEE n+ay d'wctt ~nd +11 fin u~d wi~dstorm insu~ai+a policies on any of said build7rqs, .ny Fnr~reat thsre;n o~ pan tlkreof, in tFw pprep+~~ ium ~fwesaid o~ In ~xcess tMrwf, shall cont~G~ the vswl standud monpa~e clavs~ w such otFw: claus~ ~s tM Morl9agee may reqvu~. makinp tM loss undK said polF ci~s, tsch ~nd ev~ryr, payable ro said MORiGAGEE is its intereit en~y appear, ani; ~ach and ~very tvch poliry s~~alt b~ promptly au:yned aod d~liv~red ro u~y h~W by said MORTGAGEE as funher iecv~ity to sa;d matpap~ debt, and not leu tMn ten (10) days in advance of the expir~Yron of tach policy, to dr IivN to said MORTGAGEE ~ rsnewal tM~eof. topsther with ~ roctipl fw tha premium of tuch renew~tj and there shall ba no f~ro w windstorm insur~nte pl~ctd on ~ny of said (xrildinp:, ~ny interesl the«in or part thercof, unleu in tlr form am! with th~ !ou payabls u sforesaidJ and in tM evN?t sny sum of morKy becom~a p~yabl~ v~der such polky or policies s+id MORTGAGEE ah:ll h~w ~he option ro receive and +pply tha ame on acco~n~ of the i~dsbted~ n~ss tetv~ld he+sby w to patmil said MpRTGAGORS to rooeiw ~nd us~ it or any part thereof for other purposes, wi/hout thereb/ waivi~y or ~mpair- iry any p~ity, lien or ~ight under w by vi~tw of lhis mortys~a; u?d in tM wem :aid MORTGAGORS shatl fa sny reasoh fail ro kesp the i+id premises ao insured, o~ fail b d~liver promptly any of said polit+es of insuranu to s~id MORTGAGEF, or fail promptly to pay fully any premium therefw or in ~~y nspett fail W pwfwm, dischsrye, executs, sffett, compkte, oomply with u~d abids by this tovenanf, p any psn hereof, said MORTGAGEE m~y plec~ ~nd paY fw such inwrants or any part thereof without w~ivinp a affectinp any opt'ron, lien. eqGty. a right under a by virtw of this Mongape. ~nd the full ~aunt of each and ~very tuch payment shall be immadiatsly dvs a~d psyablr ~nd sMll bear intereit from the date thereof untif paid af ths rate ot nine per centum pN a~num and together with such interest shatl be secured by tM lien of ehis matyage. 1. To p~rmit, oommit w wffa no waste, impairme~t or deteriorata~ of s~id properfy or a~y put thereof. 5. To pay all aed siopulu the coab, char~es and expenses, includirg • ~easonabk attwney i fes and wsts of abstracb of title, incuned o~ paid at any time by said MORTGAGEE, because or :n the event of the faiiure on the part •M said MORTGAGOR ro duly, promptfy and fvlly perfor~r+, d+uhargR execute, sffect, complet~ ton,ply with and abEde by ~+ch u~d every the atipvlatia?s, agreemenn, conditions, and covenants of said promissory note and this mwtgssy~ any a either. and said costs, charges ~nd expe~ses, each and every, sMll be immed~~tely due and payable; whether w not there bs notice de- mand, ~ttempt to colkct or wit ;~snd~ngJ ~nd the fvll amovnt of exh and every suth payment shall bear interest from ths date thereof unNl p~id at the rate of nine per ce~tum per annum; and all said costs, chuges u~d expeoses incurred p paid, together with s~t}? intsrest, shall be seturad by ths lia~ of thN ^wrt9~e- 6. Th~t (a) in the event of a~y breach of this Mortyapa or defavtt on tM psrt of the MORTGAGpR, a(b) ;n the event any of said suma of mo~ey herein reftrred to be not promptly and fully paid within thirty (30) days ~ext after the same sevcr~lly becane due and payable, witFaut demand or ootice, or in the event each and every the stipulations, sgreements, cond;tions a~d coven~nri of ss~d promissory note and this murtpspe ~ny or either are nof iuly, promptly and fully perfamed, d;schs?ged, execvted, effected, completed, complied with and abided by, ~hen in either w ~ny such event 1M said ag gregste s~m mentionec! in said prortiissory rwte then remaininp unpaid, with intcrest acuued, and all mooeys xt~red htreby. shall become dw and p~y- able forthwith, or thereafter, at the option of said MORTGAGEE, at fuJly and completety as if all of the said sums of money wero wigin~lly stipvlated to be paid on s~th d~y, anything in said promissory note or in !ha Mortga9e to the contr~ry notwithslandi~g; and thereupon or theresfter at the option of said MORTGAGEE, without notice or demand, suit at I~w or in equity, therefore a'fiereafrc~ begun, may be prosecuted u if all rtaneys secured hs~eby iud matured priw to in init;tution. 7. That in the event that at the beginn;ng of or at any time pend~ng sny suit ~pon this Mortgsge, or to fo?eclose it, or to reform it, or to enforu payment of any dsims hcreunder, sa;d Iy1pRTGAGEE shall apply to the Court M~ing jurisdKt~on thereof for the +ppo;ntment of a RKQiVN. svch Coun shait forthwith sppoint a receiver of uid matgaged poperty all and singutar, includ~ng all and aingular ths income, prof;ts, iu~es and revenues from whatever wurce daived, each and every of which, ~t beiny expressly understood, a hereby m~.tgaged u if specifically set fwth and dewibed in the gra~tiny and hst~p?dtim clavses hereof, arid such Receiver sAall hsve aU the broad a~d eFfective tunce~ons and pon,e~a in anywise envusted by i Court to a Reteiver, and such appoi~tment shall be made by such Court as an admitted equity and a matter of absolute right to said 1NORTGAGEE, and witFaut reference to the adequscy w inadequacy of the value of the prope~ty mortgaged or to the soWency or insolvency of said N?ORiGAGOR o~ the defendants, and thaf such reros, profirs, income, issues and revenues sball bs applied by fYCI1 RlCt1VH according to the lien or equiry of said MORiGAGEE and the practice of such ~OUf~. 8. To duly, promptly and fully petfwm, discharge, execute, effect, complete, comply with ~nd ab~de by each and every the stipulatia~s, agreert?enri, conditions and covenanrs in said promissory note and this mptgags ut foith. ~ 9. That in the e+rcro the ownership of the mortgaged premises, w any part thereof. Ixcnmes vested in a person other than the MORTGAGpR, the MORTGAGEE, in s~ccessors and auigns, may, witFw~t notice to the MORTC~AOR, deal ,rvith such ivccessa or successw in imerest wifh reference to this mwty~ge and the debt hereby secured in the same manner as with Morrgagar without in any way vit;ating a d;uharging the Morfgagors' liability hera under or upon the debt hereby secured. No sate of the premises hereby mortgaged and oo forb~wrance on the part of the MORTGAGEE w its sutceuws or a:signs and no extension of the time for the payment of the debt hereby secured g~ven by the MORiGAGE' or in wccessors or auigru, shaH operate ro release, discharge, modify thanfle or affect the aigina) IiabJity of the AhORTGAGOR herein, either in wF?ole w in part. 10. It is specifically agreed thst time is of the essence of this co~?tract and that no waiver of any obl'gation hereunder or of the obligation se- cured lxreby shsli at any time thereafter be hefd to be s waive? of the terms hereof or of the instrumeM secured herby. I1. In add~tion to the fo? monthl m~nts of rinc" al and interest r ! ~~^9 Y PaY p p equired by the promiuory note secured hereby, mortgagor covenanh and agrees to pay to mortgagee with each monthly payment an addi?ional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property ta:es kvied w assessed against the above desaibed real estate. i B-Premiums on fire and windstorm insurance as herei~ requ~red to be carried o~ the improveme~ts situate o~ the above described premises. ~ C-Prem;ums on such mortgage 9uaranty insurance as mortgagee shall f?om time to time deem fit to carry or? the loan secured hereby. "j Mortgagee shafl trom tirt~e to time notify mortgagw in writing of the amount due and payable heteunder and such sum shall thereupon be due snd payable on the due date of the ~ext monthly payment and each successive month thereafter urtii mortgagee shall notify mortgaqor of a change in such amount. $uch sums sF:all be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mwtgage guaranty insurance pr~miums. . IN WITNESS WHEREOf, tF~e said MORTGAGOR has hereunto ut his hand and xal the day and year first aforesaid. Sea! li in the presence of: ~ F ' ' ` ~ ~n ~ E re_'~ r ! i ATE OF FLORIDA ~ , S5. ~ courm oF St. Lucie t ! 8efae me penon~lly appearcd Alfred H. Sigg ~ : and Louise D. Si t ~ his wife, to me well known and known to me to b~ : the mdividwb destribed in and who executed the fwayoirg instrument, ar?d stknowl + € edged before me that they executed tha same for ths purpoies i tlxrein expressed. Iu~d the saieL LOU1.5@ D. S7.q ~ r wife of ti» _ Alfred H• S1J9 ~pon • sep~rste ~nd privat~ ~ examin~tion by me taken separate :nd apart from her said husband, adcnowtedged ro and befwe me tF~at sbe execufed said instrument freely and vol~n- } rarily and withovt ar~y compulsion, const~aint. +pprehena;m or feu of or from h~y saic! husband. ; WITNESS my h~nd and official seal th~- ~T~ day of A. D. 19_~ , Notsry Pu in ~nd fot tht State of Flwida ~t luyt Retum Ta. MY an expires: - 6~ / 9 7/ ? Fira F.d.r.l s.~~s s loan ws.oc~.r~w, r~~ ~yat~ry PuWic, State of Fforida at Larqe Of Fo.t P,~«~. Mr Com~issioa es A,p rn.t v;~.«, F~o.;da ' . 6, 1471 • ~r ~ erirf~, Er ~ tasroc s~r - ' " ~ FI~ED ANO RECORDED ; This Instrument Pre red B _ - ~ 5?. LUCIE COUhTY. FI.A• ; First Federal Savings b loen Asso iation f=~~ T?~_C+.?P(% ER1=;E0 ~ of Fort Pierce ~ :?.;~~Q 'i~921`7 ~ ~ , ~ 8 ~h~ked BY J. co~~ins . '69 JL"~ PM !Z ~n~?H/ BooK 1~~ ~ACE luv ~~o-~C ~ R~s ; ~ ~ - , ; CI.ERK CIRCUIT COUR7 ~ , - - - - 3 , : ~ ~ ~ a_~3 ~ ~-~-~.~b~~. - 1 w... , _