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To plac~ ~nd ca,e~n~o~siy keep on ~r~e b~~:d~~y ~ow a h~re~f~K u~wN on iaid 4nd ~nd on aN equ~p~mnt ar~d paiona~ly covtnd by this matp~ p~, wilh aH prem~ums ~he~eon pa,d in full, li~e i~s~ranc~ ~e ~1?~ uswt seandard po1Ky (wm, in • tun+ approved by ths MOR~G.iGEE. ~nd winditwin irowanc~ in th~ uswl ~tandard poLcy (a~n, tn • ium approv~d by ~ht MORTG/?GEE. in wcA company or canpa~iy u tF» MORTGAGEf wwy d'ir~cy and atl fu~ and w~+?dsron+n i~suru~q policis~ on any of u~d build~np~, any Mtsr~s~ 1Mrein w p~~ tMrwf, in tIN ayy~cy~~~ w~n ato~~said or M~xcrss thlrwf, ~hail con~tin ~1w uswl standud mori9a9e~ c1a~N a such o~ha clauw as ~M Mortga~e~ may requ~r~. maki~+q t1+~ Iosi unds. ~a~d po1F ci~a, each and ~v~ryr, payabt~ ~o sa~d MORTGAGEE as in~erest may ~ppear, ~nd cach and ~rery ~uch policy shall M promp~ly ~~s:9ned and delivered ro ~ny hsW by sa~d MORTGAGEE at fur~her security lo said matga~ debt, ~nd, no~ ku ~h~n ~en (10) days in +dvance of ~he eapirat~on of aach policy, to dr~ IivK b wid AAORiGAGEE a renewal tiwreof, IogNhK w;th • ret~ipt fq Ihe premi~en of suth ~enewat; and ther~ shall b~ np fir~ o. winds?o~m insv~ar+t~ pl~ced on any o~ t~id b~ildi~ps. any I~IfNH! fllOl~i11 p~Jt 1F1NWf, unltu in tM fam end with ~M toss payabl~ as alaesaid: and in tFN ~vM1 sny sum of monty tscome~ payable ~nder suth policy w polKies taid MQRTGAGEE thall Mve eM opt~a? to retrive and apply ~he same on account of 1M indebted- nlsf fecu~ed hereby w to permi~ said MQRTGAGORS to teteive and us~ it w any pa~! lhereof fa othr~ purpotrs, wi~houl ~ha~eu~ waivi~~g o~ ~mpair- ( irp ir?y eq~~ty, I~sn a r~ght under o~ by v'utw of this mor:g~ge; ~od in tM ~vem ia~d MORTGAGORS ihall fw sny ~casoo fail to keep the said premises so t ~~+wr~d, a fail b deliver pompHy ~ny of said polKies of inswance to said MORTGACsEE, a fail promp~ly ro pay fulty any pre~n+um theaeto~ oi in any f nspsct fail w pt~iorm, d~scha.ge, execut~ eflec4 comple~e, comply wi?h and abide by this covenant, w any pert hereof, iaid MORTGAGEE may plsce and ( paY (w sucli inwrance o~ any pa~t thereof without waiving or affectinp aey option, litn, pu~ty, or riflht under a by virlue of this Matfla~e. u?d tl+t full amount of each and eve?y ~uch p~yment shall be inxnediately dw and payabb and shall bes~ interest from the date thereof ~~til paid st the rate ol niee pa centum per annum and ~o~eihrr wi~h wch interest ihali be secured by IIk lien of this mortgage. 1. To permfl, commit o? sufie? no waste, Gnpairmcnt a de~eraration of said prope?ty a sny pa?1 the?eof. 5. To pay all and ~ingulsr the costs, charges and expenses, includirg a resso~able ateorney'a fee and wsts of sbstrads of titte, incu~red or pe~d at any time by said MORTGAGfE, because w in the event of the tailure o~ the part of ths said MORTGAGOR 1o duly, promptly snd fully per(orm, dixha~gq exetute, effect, complete, comply w~th and ab:de by each and eve~y the stipulations, agreements, conditions, and covenants of sa~d promissory note and this mortyspe u?y p eithe?. and sa~d cosn. cM~gei and expcnses. each and every. shsli be immediataly due and payabfe: whether or not there be notice da msnd, attempt to coilect or iuit pend~r+gj and the fvll anwuM of each snd eve+y suth paymem shall bear imerest from the dat_4 thereof until paid at the rate of nioe per centum per annum; and all said costt, charges and expenses incurred a paid, together wuh such interest, shad be secured by the lien of tbis mwtyp~. b. Thsf (a) en. the evenf of any bresch of this Mortgsge or default on the part of rhe MORTGAGOR, w(b) in the eveM a~y of sa~d sums of money herein refer~ed to be not p~omptly and futty paid w;thin tiurty ~30) day: next after Ihe same severally become due and payable, wilhout demand or notice, or in tF~e evem each and every the sNpulations, agreements, condirions and covenants of u:d promissory note and th~s mortgage any o~ ei~her are not ~uly, promptly and fully per(ormed, d~scFwrged, eaecuted, effected, completed, compl~~d w~~h and ab~ded ~ay, then in e~ther o? any such event the sa~d ag- gregate sum meMioned in said promissory ~ote then remaining unpaid, with interesl aar~ed, and all moneys setu~ed hereby, shall betorne dua and pav- able fwthwitly p thereafter, at the option of aaid MORiGAGEE, as fuity and completely as if all of the said svms of money were originally ttipulated to be paid on s~ch day, anythi~ in said promissory note w in this Mortgage ~o the contrary notwithatand~ng; and ~here~pon or thereafter st the opt~on of said MORTGAGEf, vrithout not:ce or demand, suit af law w in eq~ity, fhe+efore w thereafter begun, may be prosecuted as if aH moneys setured hereby had marured pr~or ~o in insGtution. 7. That in the event that at the beginning of or at any time pending any w~t upon this Martgagc, a to fweclose it, or to ~efo:m it, o~ to enfo~ce payment of any claims herevnde?, said MORTGAGEE shall appty to !he Cou?t having ~ufisdiction thereof for the appointment of a Receiver, s~ch Court shall forthwifh appoint a receiver of said mortgagod prpperty all and si~gular, intlud:ng all and sirgular the income, pro!its, issues and revenues from whatever wurce derived, each and e~cry of which, it beir~g expressly unde~uood, is hereby mortgaged as if spec~fically set fwth and dewibed Fn 1he pi~nting u+d habendurn clauses hereof, and such Receiver shatl have all the broad a~d effective funcnons and powers in anywise entrusted by a-Court to a Receiver, and such appointment shall be made by :uch Court as an admitted equity a~d a matter of absotute right to said MORiGAGEE, ar+d without reference to the adequacy ~or inadequacy of the value of ehe proper~y martgsged w to the sowrncy or insolvency of sa~d MpRiGAGOR a the ileiendaMS, ar+d that such rems, proiits, incwne, issues and revenues snall be applied by svch Receiver accordmg to the lien or equity of said MORIGAGEE arx! the practice of such CouA. 9_ To dvly, promptty and futly perform, d~scharge, execu?e, effect, complete, comply w7th and ab;de by eath and every the stipulations, agreements, conditions and covenants in said promisswy _ note and Ihis mortgage set fwth_ 9_ That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other fhan the MORTGAGOR, the MORTGAGEE, its sucteuors and assigns, may, without no~;ce fo the A10RTGAOR, deal with such successo~ or successor in inlerest with reference to this mo~igage and the debt hereby secured in fhe same manner as with Mortgago~ without in any way vitiating w discharging the Mortgagors' liability hetr under or upon the debt hereby aec~red. No saie of tFee Fremises hereby mortgaged and ~o forbearance on the part oi the MOitTGAGEf w its successon or auigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall ope?ate ro re!tase, discharge, modify change or-affect the originai liability of 1he MORTGAGOR Fx~ein, either in whole or in part. 10. It is spec;fically agreed that time is of the essence of this contract and that ~o waive~ of any obligation hereunder w of ttx oblgstion,se- cured herebr shstl at any time ~hereafter be hetd to be a waiver of lhe t~rms F~ereof or oi tF?e instrument secured herby. 11, In add~rion to the fosego:ng monthly paymsnfs of princ'pal and interes~ required by the promissory note secured hereby, mortgagw covenants and agrees to pay to mortgagee wifh each momhfy payrnent an addirional sum est~mased by mortgagee to be equal to 1% 12 of the annual cost of the follow- ing: A-Afl real properr/ taars levied or assessed against th~ above describcd «al estate. B-Premiums on fire and windsrwm insurar.ce as herein requ~~ed to 6e carried on the improveme~ts situate on the above desuibed premises. C-Premiums on such mortgage guaranty i~surar~ce as mo.tyagee shall from rme to time deem fit to carry on the loan secured hereby. Mwtgagee shail 'rom iime to time notify mortgagor in writing of the amount d~e and payable hereundrr and such zum sha!! thereupon be due and payable on tF~e due date oi tb> next month!y payment and each wccessire mo~th thereahe. ur.til mortgagee shall notify mor~gagor of a change in such amount_ Such sums shail be applied by mwtgagee toward the paymen! af real proper~y taxes, ins~rance prem:ums, and mortgage guaranty insurance premiums. IN WITNESS 'l~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. S~grxd, Sealed and delive~ed, in the presence of: o •n Ral 8. Gi er ~ ~~sii-~ . G~J~Seap Harriet L: Giger ~~,n STATE OF FLORIDA ~ . ' COUNTY OF $t. Lncie ~ . ' eefore me perwnaUy appeared Ralpb E• G~qer a~ ~ Nsrriet L. Giger his wife, to me well known snd known to me to be the individuals desaibed in and who executed the foregoing i~sfrumenf, and acknowledged before me that they executed the same fw fhe purpoxs therein ~xP.~,xd. n~,a ,~;d Hazriet 1~. Giyer rv~fe of the said Ra1Db B. Gi9er upon s xparate and private examination by me taken separote and apart from her said husband, acknowledged to and before me that she exettrted said insuvmM~;(reely and volun- ~arily and without any compu{sion, constraint, appr ion~ oj fear oi ot irom her said husband. ' WITNESS my hand and official xal this (P•~~Z day rCtl~ D.' 197~' , , . ~ ~ Notary Public in and for t ~te of~ atriu~' ~ ' My Commission eapiref: _ d _ ' = C; ~ • a~t~.~ ro: _ ~~ATF,.ot.~i0ftt~' N 1AROE ' Fint Federal Savings 3 loan Assoc~at;on _ MY Cbh1MIS$18q D(Pl DPC: 2 7 Of Fort Pierce_ BontleA 7Dia,Gep~q~ ~p~~~ ~s Fort Pierce. Fiorida . . , - . . . ~ = . , ~t . . fllE~ AvU RECOROEO 4 This Instrument Prepared By Jo21A W. CO11iAS SL LilCit ~OUH7Y FU. ~ ' i First Federal Savings 8 Loan Association AOGc~ ~~~TRAS of Fort Pierce CIE~K C:~'•~tS~T COURT - , Florida acr,n~~ yck =~ED `h~k~ By ~ ~ M~ut 19 ~ 4 is PN'T3 ks BooK 2~.2 PAGE ~.46 2499'76 ~ ~ - : ~~`k ~ . y