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To p~ace and con~inuo~~sly krep on the bu~'du~9s na+v o~ hereafter i~?uate on sa~d land a~d on atl rq~+p:neM and personalty coveied by this mor ege, with ali premiu~r~i ihcri•on pa d in full, fi~c i~~su~a~~c~~ in the ~wal sta~xlard pol~cy form, in a s~m aHptoved by ~he MOR~'"vAtiEE, a~~d windi~o ;n:vrance in the usual stond~~d po~•ty form, in a wm approced by ~he MORTGAGEE, in such cumpany or companies as the 11tORTG~GfE m d~recr, and aU fi~e and w~ndew~m i~~surance pol~c:as on any of said b~,ild.ngs, any inferesl tharein or ~,ar1 ~he:~oS, in ~he agg~ega~e wm afo~esaid in excess ~Arreof, fhall cont,~in ~he uw.:l st~„d~rd morfg~gre ciause or wch o~her da~se as the Mor~yagce may req~.re, maM~ng thc ioas unJar s.~~d po c~es, each and every, pay:,5:e ro sa~d h10RiGAGEE as ~ts in1Cr~St may appear, and each and eve~y such po:k/ sha11 t~ promptiy ass g~~rd e~~d de~iv~•rrd ~ any held by sa~d h10RIGAGcE as f~nher security ro said mor~gage debt, and, not less than ten (10) days in ad+ancc of the expuat~on of each poGCy, to d~ I~ver to said MORiG~vEE a reneh~al Ihcreof, Ioge~hrr with a receipt for !he pre~nium of suth renewal; and there ahall be no f~re or windsto~~n ~nwranc p!jted on any o1 sa~d bui!dings, any interest thcrein or part thereuf, un!ess in the fam and wi~h the ~osa payab!e as a(oresaid; and in the eveM any s~n of money becomes payable u~~der such pol~cy or pol~c[ei sa~d MORTGAGEE shall have the opt~on to rec~.ivr ~nd ap~!y ttie sa~ne on accoum oi the iodrbt~d rn~ss secu~ed t.rreby or ro permit :a~d MORiGAGORS to recarve and use it w any part th•~:eof for o;~t•_r F:u~.oe~~s, v::inc;,;t th,~~::+ •~.=~~~'3 ing any equity, I;en o~ right under or by virtue of this mor~yage; and in the evero sa~d MORTGAGORS sh~!I :or any rcason fail to krep the sa~d p~emises so ~n:ured, o? fail ta d~•livet promptly any of said pol~cies of inwrante to Sa~d MORTGAGEE, ot f~il pro~rptly to pay fu~ly any prr~ni„~n the~efo~ or in a~y .espect (ail to perform, d:scharge, exeture, effe<t, complete, comply wirh and abide by ~h~s cove~ant, o~ any part hareof, sa~d MORTGAGEE may piacr a~o pay for such insurance or any part thereof without waivir.g or affecling any option, ~ien, equ;ty, or r~ght under w by vir~ue ot this hlortgage, and thc +~ll a:nount of each and every wch payn~ent shal~ t~e immediately due and payable and shall bear interes~ 1rom the date th~reof until poid at the rate ot ~:ne per cemure per annwn and ro~~ah~~r with such inte~rst shali !k srcured by the lien o~ this mortgage. To pe~mit, commit or suffer no waste, impairment or deterioration of said property w any part thereof. 5. To pay all and singular the cos~s, charges and eapenses, including a reasonable attor~ey's fee and costs of abst~acts of titie, incurred or paid at ..ny ~1me by s3~d MORTGAGEE, betause or in the event of the fa~lure on the part of the said MORiGAGOR to duly, pra~~p~ly and futly pc~~orm; d~scharge _.~cute, efiect, co~nplere, comply w~th and ab:da by each and every the stipulaf~ons, agreaments, condmons, and covenaros of said pranissory note and th~s „orryage any or e~~her, and sa:d costs, charges and expenses, each and every, sha~l be immediately due and payab!e; whether w no1 ther~ be no~ice da r.~~nd, attempt to collect or suit pend,ng; and the (ull a+nount of each and every such paymen~ shall bea. interest from the date the.eot unti{ paid at tht rr oj n~~ie µer ai+:.:m per on~w:o; ond ~ii sa~d costs, charges and expenses incurred or paid, toge~her ~wth such interest, shall be sxured by the fien of th~s m ~r tyage. 6. That (a1 in 1he event oi any breach of this Mortgage or default on tF~ part of the MORTGAGOR, o~ (b) in the event any o( sa:d svms of money herein refeir~ to be not promptly and fully paid within th~rty ~30) days next after the same severa'ly become due and payable, without demand o~ notice, er (c) in thr evenr each and eve:y ~he stiputat~oos, agreeme+~ts, cond~tions an~ covenants o4 sa.d prom;ssory note and th~s mortgage any or either are not i~ly, promptly and fully ~rformed, d:scharged, executed, effected, tanpleted, compGed wiih and ab~d_d Sy, then in e~ther or any such eveM the sa:d ag ~regate sum mrmwned in said promisswy note the~ rema~ning unpaid, with interest aarued, and a~l monnis setured hereby, shall betome d~e and pay ab;e forthwith, or tF~ereafter, at the opr~on of said tiIORTGAGEE, as fully and completc~y as if a~l of tl,e sa~d sums of money were or~g~nalty st~pulated fo be pa:d on such dcy, anything in sa:d promissory note or in this Mortgage to the connary no~withstanding; and thereupon or thereafter at ~he opnon oi s~ d MORTGAGEE, w+thout nonce or demand, suit at taw w io equity, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby r::d maWred pnor to ds institution. ' • • • +;~A • ~ • 7. That in the evrnt that at the beginn~ng of o? at any time pending any su~t upon this Mortgage, o+ ts for~cbse it~ or to reform it, o~ to enforce ~.,;ment of any ciaims hereunder, said h1URTGAGEE shatl apply to the Court having jur~sd:c~ion lh~~eof for ihe a~~:o~ntme~?t~f a Rece~ver,~such Cuu~t shail i..r;hwith appofnt a recei~er of said morfgagc•d property all and sing~Iar, includ~ng all and s~~x}ylar t1:e ir.tome, prof~t3; is~ues a'rldievBnt~es from whatever s, v.ce de+ived, each and every of wh~ch, et be~ng eapressly unde~stood, is Fereby mortgagrd as ii spec~ficalty sef for1~'vnt~rdeslYiber irt the g~annng and i:;bendum claUSes herof, ar.d such Recr~ver shall have all the b+oad and effeaive fu~ut.ons and powers in any.vise enfrusted.?y~L,iour4 tq a. Recriver, aud s_ch appointment shall be made by such Ceuit as an ad;ritted equity and a matter of absol~te rigM to said MORTGAGEE, and without re(erence to the r~iequacy or inadeGuacy of ?he vai~e oi the property moitgaged or to the so.vency or insotvency of said MORiGAGOR or the defendams, and that such ~ts, profits, inco.ne, issues and revenues shail be appiied t,y such Reteiver accord~ng fo the !ien o~ equity of said MORTGAGEE and the prauice of such Court_ 8. To dufy, prompt'y and fuily perform, discharge, execute, effect, corry~lete, comply with and abide by each and every the stipuiations, agreements, _.nditions and covenants ~n sa~d promisscry note and this mortgage set fwth. 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ~RTGAGEE, its suaessors and assigns. may, without nofice to the 1".GRTGAOR, deal with suth wccessot or wccessor in interest ~vith reference to this ~~t~age ard the debt hereby sec~red in the same manner as with 614ortgago~ without in any way vitiating o? d~scharging the fdertgagori liabi:ity here- ;,d_r w upon the dett hereby secured. No sate of the prem;ses hereby mortgaged and no forbearance on ~he pan of the IAORTGAGEE or its svccessors assigns and no extension of ihe time for the payment of the debt hereby secured given by the MORTGAGEE or ~ts successors or au~gns, ahaH operate !o re~ease, d~scharge, modify change ar affect the original liab~lity of the /1lORTGAGOR herein, either in whole w in part. 10. It is spedficaliy rg~eed ~hat time is of the essence of this contract and that no waiver of any ob~~gation hereunder or of the obligation se- cured hereby shalt at any time th_~eafter be he!d to be a waiver of the terms hereof or of the instr~mem secured her6y. 11. In aod.t:o~ to the foreqc ~tg enonth!y paym:MS of pr~nc pal and interes~ requ~red by ihe prom s>cry nwe secured hereb~r, mon9a~or eovenants + d agrees to pay te n:ortgag~e v.+th each monthiy payrnent an add~:ional sum esr~n:aied by mortgagee to be equal to 1 12 of the annual cost of the folio~v- ,3: A-Alf rea! prop~rty tax_s le~lied or assessed ag.3i•~st she a6ove describ^d real estate. B-Pren:iu~ns on ine and w~::dsrorm ~nsuracce as hercin req~~red to be carried on the im,:roveme~rs s~tvate on the above d_xribed premises. ~ C-Pre~n~w~ s on scch mo~tgr:ge guar;nry inwra•,ce as mortgagee shail fro~r nme to ti~ne deem fit to carry on the ioan sec~red hereby. i hlortgagee s~aif f~om t~•re to t~rne nor~fy morrgager m wriung of the a.rou~t d~e and pa~•ab:e hereundar and such w~i shall thareupo~ be due and ~ :,,-6?e on thc: duc cia~e of rhe n:_x: n~ooth!~ paym;nt a~d each successive month thereafter u~:tii mertgagee shalt notify mortgagor of a change in such i ::unt. Such su~rs sEa:i be app:~ed by morigag~e to~vard the payment of real property taxes, insur e prem.u:ns, and morigage guaraNy insurance j rt•~;:ums. ~ IN \'JITNE55 '+.'HEREOf, the sa~d MORTGAGOR has hereunto set his hand and seal the day an ye r first a~e aid ~ ' ig ed, Seated and deliv ed in the presence of: ~ - . ~avid N. Biegner ~~a~~ (Seaq ; F ances C. Biegner {~aq ~ Si.~TF OF FLORIDA ~ St . Luc ie ~~uynr oF _ ! Before me personally aFpeared David V Biegner and ` _ FZ2~I1CeS C. Biegner h~s w~ie, to me well kno~n and know~ to me to be ~ rh: individuals described in and who executed the fwegoing inst~ument, and atknowiedged before me that they executed the•sSFn4 for the purposes r~erein expressed. And the said Frances C. Biegner _ !e of the said _~aVl(~ N. Biegner „~R a separete,and privste am~nat~on by me taien seParate and apart irom her said husband, acknowledged to and betore me that she execss~ .s~lrlti~strvr/~ent keely' and voturr ~•,'~y and w~thout any con:pulsion, constrairt, apprehens~ or fear of a from her said husband. ~ : ' , /~th Ju~ . ~^J ~ ~2 WITNESS my hand and officia~ seal th~s_ day of - A. D: 19 ~ ' i) . C ~ ~ . Notary Publ~c in and for •i 4p of Floridb,et la~ge r My Comm~ssion e:pires: ~ ~ Return To: I:"vTARf 9~LIG, ~T'AT~ d FLORIDA Lt LARGE ~ f~rst federal Savings 3 loan Assoc]at~on M{Y COMMISSION~tiXPIRES SEPT. 25, 1975 Of Fort P~.~c~ Bon!ed By Am~rican Bankers In;urance .u. ~ '~i Fort Pi~rce, Flprids ~ p AMO REC~s RDEO ~ This Instrument Prepared By Ronald L. Stutz s~~~E ~011~~Y FU' ~ First Federal Savings 8 Loan Association ~04~f ?~iTAAS ~ of Fort Pierce , Florida ~~EaK~t-CUi1C0URt'~ ~ RECORO yE~'`iE4"''~ Checked BY ~ ~9 Z ; ~ ~ooK2~~ pac~ 233~U9 i ~ ; ~ - s__, . . y ~ ,