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To plsc~ and continuously keep on the bui!dings now or herea(ta ~itwq on said land and on +II equipmem a~d p~rwrially tovered by thit mat~ •g~, with dl premiurrw lhereon pa~d in fu14 tire insur~nce in ths utual uandard policy fwm, in a ium approved by tM MORiGAGEE, and wind~twm inw~anc~ ~n tM uswl u+nd+rd poLCy fam, in • sum approved by iM MC~itTGAGEE, in wch company o~ comp+niti u ~M MORTGAGEE may dirtc~t and all f'u~ and windi~o?m insuranc~ pol~ciei on ~ny o( iaid 6~ild~~yi, any In~er~s~ tF+Nein o~ pan th~reol, in tM ap9re9~tt Wm afor~said w In ~xceu Ihereof. sMtl contain ~M uiwl standard mor~9a9ae cla~s~ a iuch otha ctaus~ ~i 1M Mat9~ge~ may requ"u~, makinp tM io» unde~ sa~d poli~ cies, e~ch ~nd every, payabt~ ~o said MORTGAGEE af i1i interest may appear, snd each and ~very such policy shall be promptly +ss.pned and detivered to any held by iaid MORTGAGEE as furthe~ sccuriy to said ~+a~gage debt, and, no~ les~ tMo ten (10) days in advance oi ?hs expiration o1 e+ch policy. 1o da liw? to said MORTGAGEE a r~newal thsreof, to9etFw~ with a rece~pt fo. the p.emium of ivch renew+l; +nd the~~ shall b~ no fire o? winds~am insursnce placad on ~ny of said buildirgi, any iose.es~ tharein w pu~ tMreof, untess in. tF,e form and wi~h tM loss paYabl~ as aforesaids +~d in ths eva?t any ium of nwn~y becomes payable u~der iuch polisy a pol~cies iaid MORTGAGEE shall Mre tM ~+pti«? to receive and apply the ssme on +ccoum oi the indebced- ness tecured M+eby w to permit said MORTGAGORS to receive and us~ it w any pmt thereof Iw other purpases, wlrhout ~h~reb~ waivi~ig o. ~~npa~~• ;ny a~y equ~ty, lie~ o~ right u~der or by virtue of this mo:t~age; u+d in the event said MORTGAGORS shall fw ~ny reason fail to keep ~he ss~d premisri so • insured, w fail fo deliver promptly any of said policies of insurar+ce to said MORTGACaEE, a fail promptly to pay fvlly any prem~um therefw w in a~y respect fail b per(wm, discharge, execute, effect, complete, comply with and ~bide by this covenan~, or any part hereof, said MORTGAGEE may p~ace and , ; paY tw such int~~ancs w any p~~t the~eof wi~hout w~iving w ~ffec~ing any option. litn, equity, w right under or by virlw of this Ma~gage. ~~d the f full amouM of exh and every tuch payment shsll be immediatsly dw and paysbk and sMI~ bear interest from tM dat~ thereof until paid at the rate ol nine per ce~tum pe~ :.~num and to~ether with such interest shall be setured by 1M lien of this rtwrt9age. 1. To permit, commit or suffa ~o waste, impai~ment w deterioration of said property w any ps?t the~eof. 5. To pay all and singulsr the costs, charges +nd expenses, including a ~easonable attorney i(ee 'and costs of abst?ads of ti~le, incvrred w paid at any time by said MORTGAGEE, because w in the event of the fail~re on the part of the said MORTGAGOR to duly, promptly and fully perfwm, d~xharge. execute, effed, complete, comply with and ab:de by each and every the stipulations, sgreements, conditions, snd mvenants oi said promissory note and ~hi~ ~ mo.tgage any w eithe~, and sa~d costs, chsrges and expenses, esch and every, :hall be immediately due and payable; whefher or not there ba notice do- a mand, attempt to colkst or suit pendirg; end the full amount of each and every such paymenf shall bear interest from ~he date thereof until paid a? the ~ raie of nine per centum per arn~um; and all said cost:, charges and expenses incurred or paid, together w~~h such interest, ~I?all be secured by the lien of thi~ ; mortgag~. ~ 6. That (a) in the event of any breach of this Nbrtgage w default on.the part of the MORTGAGOR, o? (b) in the event any of sa~d svma of money ~ herein referred to be not promptly and fully paid within thirty (30) days next after the same severatly becdme due and payable, without demand or noiice. ; or (c) in the event eacti and every the stipulatiuu, agreements, conditions and covenants of sald p~omissory note and th~s mortgage any w either are r?ot iuly, promptly and fully performed, d:schar~ed, executed, effected, completed, complied wi~h and abided ~ay, ~he~ in either w any such event the said ag gregate sum mentancd in said promissory note thcn remaining u~paid, with in?erest attrued, and all moneys secured hereby, shall become due snd pay abie forthwith, w thereafte~, at the option of said MORTGAGEE, as ful~y and completely as ii all of 1he said sums of money were aiginally ttipulated ro be pald on such day, anything io sa3d promissory note or in this Mortgage to the conrrary notwithstanding; and tF~veupon o? thereafta at the option of said MORIGAGEE, without notice w demand, suit at law a in equity, thcrefwe or thcreafter begun, may be prosecuted ~s if all moneys secured hereby had matured pr~o? to its institution. ' 7. That in the event tFat at the beginning of w at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enfwce payment of ~ny claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, s~ch Court shall forrhwith appoint a receive~ of said mortgaged property all and singular, includ~ng all and singular the income, profits, iuues and revenues from whatever source derived, each and every of whKh, it being expressly understood, is hereby mwtgaged u if specificatly set forth and described in the granting and habend~m clauses hereof, and such Receiver shalt F~ave all the broad and effective funct~ons and powers in aMrwise entrusted by s Court to a Receiver, and :~ch appointment shall be made by such Court as an admitted eq~ity and a rt+atter of absolute right fo said MQRTGAGEE, and without reference to the adequacy o? inadequaty of the value of the p?operly mortgaged or to the soivency or insolventy of said MORiGAGOR or the defendants, and that svch renfs, profits, income, issves and revenues shall be appiied by such Receiver according to the lien or equiy of said MORTGAGEE and the practice of such Court. ' 8. To duly, promptly and fully perfwm, discharge, execute, eifect, mmplete, comply with and abide by each and eve?y the stipulations, agreements, ~ conditions and covenants in sa~d pfomiuo?y note and this mortgage set fath. t 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, .the h',ORTGAGEE, its suctessors and assigns, may, without norice to the MORiGAOR, deal with such successor or successw in interest with reference to this morrgage and the debt hereby xtwed in the same manner as with Mortgagor withovT in s~y way vitiating or dixharging the Mortgagors' liability her~ under o? upon the'debt hereby secured. ' No sale of the premius hereby mortgaged and no fabeara~+ce on the par~ of the MORTGAGEE w its s~ccessors or assig~s and no extension of the time iw the payment of the debt hereby secured given by the MORTGAGEE or its successws w assigns, ahall operate to release, diuharge, modify change w affect the original liability of the MORTGAGOR herein, either in whole w in part- 10, It is' speuficalty agreed that tune is of the essence of this contratl and that no wsiver of any' obligaYwn hereunder w of tF?e obligatan sr c~red hereby shall at any time thareafter be held to be a waiver of the terms hereof or of ttx instrument secured herby. 11. In add~tio~ to the forego:nq mor.thly payments of prin~ pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an addirional sum est~mated by mortgagee to be equal fo 1/12 of the annual cost of the follow- in~: . A-All real property tazes levied or assessed agaiost the above deuribed real estate. f , B-Premiums on iire and windstorm insurar.ce as herein requ~red to be carried on lhe improvements situate on fhe above described premises. j ' C-Premiums on such mortgage guaranty insurar.ce as mortgagee shatl from time to time deem fit to carry on the ban secured hereby. f i Mo?tgagee shall from time to time norify mwtgagcr in writing of the amount d~e and payable hereunder and such sum shall thereupon be due and j I Fayable on the due date of the next morohly paymem and each svccessive month thereafter ur.til mortgagee shall notify mortgagw of a chaoge in sucb ~ a••:ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and morigage guaranty insurance ~ premiums. _ ' ~ IN WITNE55 WHERfOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afore ~d. j ~ Signed, Sealed and delivered in the presente of: ~ D_ , ~ „~L.~G.~YLl4(s-+4 ~ ~ - - - - - - - QOV~~ S• ~!blll (Sesq Seal) - M M18ra ~t B~ R~eb~11 /SeaO STATE OF ~jtYj~AjQD ~ . ~OUNTY OF Baltisore ~ Befwe me personalty appeared ~,~d - s^d ~ ~r93~et B• Ril~@D his wife, to me welt known and known to me to be tne individuals desvibed in and who executed the foregang instrument, and acknowler ed befwe me that they executed the same fw tF?e purpous therein expressed. And tF~e said Ma~r9aztt B. R~~ .v~fe of the said David B. R~ebQA upon a xparate and private examinat~on by me taken separate and apart from her ssid husband, stknowledged to end before me that she ezetvted said instrumeM fre,ly and volum rarily and without any compuliron, constraint, appreF~ension, or fear of w from her said husband. WITNESS my, hand and official seal thi: ~ day of - . A- ~9-13 _ ~ = , i //rrl/Y[~~~'u"s~ J-~ / ~ . Notary Public in aod fw the State oY~id~ldd-at arge ~ , i ~ ~ t . . My Commiuion expires: j~j~l~p~ P~ ~fl801 : Retv~n'7o: 6irst Fe~eylsSavings 6 lnan Associat~on ~.1 „ r.~: ~;;ly i, 1974 ° C}f `For1 iLerie. • ~ ~d 1~rL Pieri~IQYda ~ / J~'•,-.~.. ~ 7 ; ~\.Y FILEO Ahp RECORDEO ~ - . ST.IUCIE COUMTY F~A. 0~ This Instrument Prepared ByJ• H• Rob6~ts~ JY• ROCER POITR4S Z;1 First Federal Savings & Loan Association CLERK CiRCU1T COURT ~ RFCQk~ YEFs=lEO ~ . of Fort Pierce ~ R1oYida Mar 16 3 09 PH'73 Checked By . , gooK 214_ P~~F 576 zs4s~s = : z~ ~ - - - - - - - - ~ w . _ x ~ x ~ ~ ~ y~„~-~:_: ' c-~~4 ".~4_~.. r r r;,k i _ ~ a ~ ' _ ~ ~ . . ~ _ . . _ . _~'a . _ . _