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To pt~p ~nd ooAtt~rortly ~p on tht buildinps now a Fnr~aha NtwN on s~id land ~nd on ~II equipmem ~nd p~non~lly cov~red by this mort~ y~, with ~II pr~miwns tM~ion ptid !n fu14 fire insu~anc~ in ths ui~+l s~andard poticy form, i~ a sum ~pproved by the MORTGAGEE, snd windstorm ~ iniw~np in tM uiwl itanda.d policjr form, in a wm approved by tM MORZGRGEE, tn tuch company w companies u tha MORTGAGEE m~y ' dind~ and aU fln u?d winditorm inwr~nce policies on any of ia~d bw~d~~ps, ~ny in~+re~~ iherein w pan rM~eoi, in tM ~grcyat~ ~um ~for~tsid a ; in ~xcys tMrpf, sMtl contsin tM _ swl stu~dard matga9ee clav~e w suth other clause u ths Mortyayee may ~eq~i~~. makinp the lou ured~ wid potl~ ' cie~. ~ad~ ~nd ~w~y.p~ YaW~ q a~MORTGAGEE a~ ;ts interest maY ~ppea?, and exi~ e:.d evay t~cA policy ihail bs prompNy ~~s:yned ~nd dslivered to •ny h~W by s~id MpRiCAGEE, +~S funha acv~ity. to said mwt9age debt, ar?d, not leu thrn ~en (10) days in advance of tha expirstion of each policy, to cJa IivN to ~aid MpRTGAGEE • reeewal. thc~'eof,. to~thtt with a ~eceipf fw the premivm of sich renewal; and ~here shall be no fire o~ wind~~orm inwrance plaud on ~ny of said buiWi~, ~ny iiNer~st ther~ie~ or part thereof, untess In the fwm and with tM loss pay~ble as afaeiaid; ar+d In the eve~t any sum of mon~y oecorrwa pay~bl~ u~dsr wch policy a policies said MORTGAGEE shall have rhe opt~on to recei~ce and apply the ~ame on ac<ovnt of the f++debted- ness sea+nd•h~r~by or to permit said MORTGAGORS to receive ~nd ~s~ iT o~ any part thereof fa othc~ pu~poses, without thereb,, waiving w impair- inq any pvity~ lie~ a righ~ unde? w by vutus of this mo:tpaQe; and in ths event sa~d MORTGAGORS thall fw any ~easo~ fail to keep ths said premises so iniured, or fsll to dtlivtr promptly any of said policies of inzurarscs to said MORTGAGEf, a fai! promptly to pay fully any premium therefor w in ~ny reipect fail. to pator~, dischupe, execute, effad, comptete, comply with and ab3de b s covenant, or~ny part F?eroof, said MORTGAGEE en~y pbu and paY fw such inwrancs w snr part thareof without waivinp w ~ff«tinp ~ny opt~on, ~ equity, w right unda w by virtw of thii AAortpape, u+d tht ~ futl ~nw~nt of ~sch and tvsry such payment sha~l be in;med;~tely due and payable • shall bear interest fr~m ths date thereof umil paid st the rate ol t nine per cNntum pK ~nrwm ~nd together with such interest sha11 be secured by the lien of this mwtgage. 1. To pKmit, tanmil or suffe~ oo wasls, impai~meM or deteriwation of said propert; w any psrt thertof. S. To pay all ud sinp~lar the cosb, charges and expenses, inc(udtnp s reasona~~e sttorney i fea and costs of abstracts of tFtle, incur?ed or paid af sny time by s~+d MORTGAGfE, bxaus~ w in ths ewnt of ths fallure on the part of the said MORTGAGOR to dvly, prompNy and f~lly perfwm, diicharg~, - exacvt~. ~ff~d. oaepl~te, oomply witb and abide by each and every the stip~lations. sgreements. cond~tions. ~nd covcnants of aaid promissory ~ote and thu matyapa any w ather, and aid costs, charges ar~d expense~, exh and every. shall be immed~stely due and payable; whether w not there be ~otice ds mand, attempt to collect p wit pending; and tha full artwu~t of each and every s~?ch paymem shatl bear ;nteresl from the dste thereof uotil p~id at tht rate of ~in~ per eentum per a~nu~; and all said cosK, charges and expenses ieKwred a paid, togat}w~ with such inta~est. shall bs secu~ed by the lien of tha n'wtDaps- 6. 11»t (s) In the evsnt of ~ny brcach of this Mortgage w default on tM psrt of the M0~2TGAGOR, or (b) in the event sny of said sums of money ~ herein refared ro be ew1 promptly and fully paid within thirty (30) days ~ext aEter the same sever etho~t demand or ~o~ite, or (tJ in the event each and svery the stipulations, agreements, conditiau and covensnn o( sa:d a ~ e any q either aro no1 iuly, promptly and fulty perf~xmed, d~scharged, executed. eifected.~~R e c I~ed wi+h and ~ '~~ey'„~~.such event the said ag gre~ate wm menfionad in said p~omiuory note then remainFng unpai/,.~~n~ R ~~~f~,~shall become dus and pay- able fathwith, or thereafte~, ~t the option of said MORTGAGEE, as.~li I~~~~~~~ wms o money vrere aiginally stipulated to b~ paid oo wd~ day, anything ir~ sa;d promissory note a in th~s Mor ¢ol~ ' and tF+ea reaFta at the opNon of ssid MORTGAGEE, withovl notice w demand, wit at law w in equity, ~~~~'ti~~f red hateby ~ A a d m a f u r e d p r i o t t o i h i n s t i t W i o n. . 8 ~ 7. That in the event that at the beginning of or at any time s~~j'up~}I~ /~o~f'~j ~I R f y reform it, w to enfora paym~nt of any claims htre~nder, said NIpRTGAGEE shall apply to the Court having junsd~ctron t~j~t~:~C~~y~~j~q~,''sl~llt~eceive?, such Coun shall fathwith appoint s receiver oF said mortgaged prooerty all and singula a1J ~lar ~11~ U fl` II ~ revenues ~rom whateve? wurce cl~riv~d, each and every oi which, it being eYpressly underst~~~aE~~~~ J~ f~ ~~f s~c~fital{y set forth and dest+ibed in the granting and habendum clauses hereof, and such Receiver shalt have all the broad v t R4j~l~jiaQ~ ~rers in anywise entrusted by a Court to s Receiver, and t~ch spFointmer?t shall be made by such Court as an admitted equity and a matter o~~absdute ~tijM to said MORTGAGfE, ar~d withovt referente to ihe adeqvacy q inadequacy of tbe wlue of the property mortgaged or to ~he sohrency or insolvency ot said MORiGAGOR w the defendants, and that svch rents, p?ofits, income, issues and revenues shall be applied by such Receiver rcording to the lien or equity of said MORTGAGEE and the practice of such Carrt. 8. 7o dvly, promptly snd fully pertorm, dischargr, execute, effect, complete, comply wi~h and abide by each and every the stipulations, ag~eements, m~ditioro and covenams in said promissory note and th;s mortg~ge set forth. ~ 9. That in the event the ownenhip of the mortgaged premises, a any part thereof, becpn~s vested in a penon other than the MORTGAGOR, the MORTGAGEE, iri successors and auigr+s, may, without norice to the 1NORTGAOR, deal with such succeua a successor in interesl with refere~e to thia mortg~ye ~nd the dcbt hertby secured i~ the same manner as wilh Mortgagor without in any way vitiating w dixharging the Mortgagors' lisbility hcre- under w upon tAe debt hereby secured. No sste of the EYemises hereby mortgaged and no forbearanoe on the part of the MORiGAGEE w its successors w assigru and no exter+sion of the time for the paymem of the debt hereby secured given by the MORTGAGEf w its successors ot auigns, shall operate ro relesse, discMr~e, modify chsnge w affect the wigina) liabil~ty of the MORTGAGOR herein, either in whole w in part. 10. It is specifically sgreed that time is of tFm essence of this contract and that no waiver of any obtigation hereunder or of ths obligat'pn se- cured hereby ahall at any time tF~ereafter be heW ro be • waiver of the terms hereof w of the instrument secured herby. , 1. add~tion to the forego:ng mon~hly paymeNS of princ'pal and imerest required by the prpmiuory npte sec , ro and agrees to ortgagee with each monthty payment art add~rional sum estimated by mortgagee t o/i2 of the annual cost of fhe follow- ing: A-All resf prope?ty taxes levied or assess abov real estate. B-Premiums on fire and windstwm insurance as ' requ~red to on the improveme~ts situate on• the above desuibed premises. C-Premivms on such mwtgage gua urance as mortgagee shall from time to time r on the toan secured Frereby. Morfgagee shafl irom ti ime notiiy rtwrtg~gor in writirg of the amount due and paya5le F~ereunder and suc thereupon be due and payable on the due o the ~ext monthly payment and each successive month thereaiter ~r.til mortgagee shall notify mortgagw o a ~n such amouot. shall be applied by mwtgagee toward the payment of real property faxes, insuronce prem:ums, and mortgage guaranty insu ~ Pr • IN WITNESS WHEREOf, the said MORiGAGOR has hereunto xt his hand and seal the day a~d year first aforesaid. I Signad. Se~kd nd de' ed in the p?ese~ce of: ` _Editnesses to the signa-~ C• ,N ~ j ~ ture of James C.O'Donne eS • onne ~ n ~ ~ ~ ses to the signa-/ n ~ - ture of Nancy J.O'Donnell ancy . O'Donnell ~ ; STATE - ~ ~ ~ ~ eefore me pe~wrwly 'spPeered James C. O'Donnell Xa1Qf ~ ~}Q~ to me well known ar?d known to me to bs ft?e Individwl~ deseribed in and who executed the fo~egoinQ inslrument, and ack~wwkdged before me that ~ e executed the same for the purposes the?ein expre~ed. Xa1~iXs1C,Yyi ` ~i~ WITNFSS my ba~d and offici~l sesl th' ~ day of „ I1~_,~;-a9 69 NOtARY PUBUC OF NEW IERSEY , , My Commission Expires Jan. 22~ 1913 ~ ~ ~ STATE OF F(~j 11(E{tij J~~SEY Notary Pubt' in snd for tM:State of ~ ~ ' ~ ~ My Commiuan expires: - , . ~ - , ~ 7 i COUNTY OF ~ , . - . _ _ before ine personally appeared l~Tane J . O'Donnell ~ ~ ~1 ~ ~ • ~ . - ~ ths j+~vidu~h described in ~nd who exearted the for to me welMknowri ir;d Ic tq'ine to be egoin9 instrume~t, and acknowtedged before me fhatahe~r executeil~the'fa+~s`~~q .,tii~ P~~Poses rhe'~' p i~,ii ']~O1Q~C she t ~ WITNESS rrey hand and officia! seal thi d~y ~ _ " "~,~:p. qL 69 ~ f p(~('~ ~ A~otary Avblic in a~d oi[ Sf~fir of'~ ~ Retum Ta. f ~Y. dt ~A MY Commusan e:pira: ; , _ w f+rn s.~;,,~, a of fort Pierce -0 R NOTARY PUBLIC OF= . - ~o.~ nu«;.t;«~ ~ JERSEY'' r or Fo,~ Pierce. Q.~ J. Chastain BOOIf ~ f ~~on Expires~ 22,1973 ~r , Fc,: a~.,.~~ ~ V PA6f ~ , , ~ ti ~ , - . v.-.~~. t . . _ .~~.~t~~:~:~-~~.,: _ , ~ . k