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To place and co~~~inuousiy keep on the bu~'dmgs now or hereaftrr a~wate on sa~d land and on aii eq~ipment and personally covered by Ih;s ma aqe, with all prtm~~rns thereon pa.d in (~ll. fne insura~~ce ~hr usual ltendard pa'icy iorm, in a wm aHproved by ihr MOR~GAGEE, and windsto :rtiurance in ~he usual st,~ndard pol.cy form, in a s~m approyed Ly tha MORTGAGEE, in such company o~ com~=an~es as the A10RiGAGfE m d~rect; a~d all fire and w~ndstorm ~nsurance policiea on any o) sa~d buitd.ngs, any interest there+n or part thereof, in the aggregs~a w~n alo~esa~d in extets Ihe~eo(, shall tontain Ihe usual sta~~dard moitgagee uause or such o~her c!ause as 1he Morlgagte may requ~re, making tt~e ~oss under fa~d po ~ c~es, each and eve~y, p~y~ble to sa~d MORTG.4GEE as iis ~ntcrast n,ay app~ar, and each a~d every such po~~cy shall be promplly as~ g~~ed and de~~~ered ~ ~ any held by said MORfGAGEE as iurther azcurity to said n~urigcge deuf, and, not less than ten (10) days in ad+~nce ol the eapuation of each poi~ty, to d. Irver to said MORTGAGEE a renewal Ihereof, ~ogeihar wiTh a rece~pt fo~ ihr pren~i~m of such renewal; and there sfiail br no f~re or wi~~dsionn insuranc pfaced on any of said bu~ld~ngs, any iNerest there~n or pait thercof, u^:ess in the form and wifh the toss payable as aforesaid; and in the evenl any sun , of money becomes payable ~nder wch po~icy or pol~c~es said MORTGAGEE shall have rhe opt~o~ ~o receive and app!y the sarne oo accou:V of the indebtrd nrss sec~rrd hr~eby or to permit sa~d MORTGAGORS ro rece~ve and use it w any p.~.rt Thr:eof tor o:n•~~ purc~osrs, .•.~+ncut ~h u~ .var.~ ~~t~P~~' ing ,~ny equity. Gen ot right under or by virtue of thi3 mo:rgage; and in thz eveM sa•d M0~2iGAGORS shall tw any reaso~ fail to keep the said pre~n~ses so ~nwred, or fail ~o dativer pranptly any of said poGci~s of ~nwrance to sa+d MORTGAGEE, or foil promptly to pay fully any pre:~uu~n therrior or in a~y respect iail ~o pe~lorm, d~scharge, e:~cute, effect, complutz, co:nply with and ab~de by th~s covenant, or any part ha~eof, soid MGRTGAGEE may place a~d pay for wth insurante w any part thereof withoul waiving ot aff..Kting any opt:on, lien, equity, or ri~ht ur,der or by vi~tue of this Mortgage, and tht ~ i„II a~nounl of each and e~ery such payment shalf be immediately due and payable and shall brar interest from the date thereof uniil p~~d at the rate ol n~ne per cenrvm pe~ annum and to~rth~~r v~ith such i~:ferest sh~i~ br sac~red by ~he lien of th~s mortgaye. ~ To permit, commit ot suffer na waste, impa~rment or detrrior~teon of said property w any part thereof. ~ 5. To pay all and sing~tar the costs, charges and expensrs, includin9 a reasonable attwney's fee and costs of abstracts o( title, incwred or paid at any time by said MORTGAG:E, because w in the event of ~he fa~lure on ihe part of the said MCRTGAGOR to duly, p.on,pNy and fully perform, d~scharge. e,ecute, ef(ett, canptete, comply wrth and ab:de by each and every the stipu~a!~uns, agrezmtnts, tondihons, and covenants oS said promissory note a~~d ~h~s n,ortgage any or e~ther, and sa~d cos~s, charges and expenses, each and every, shall be immed~ately due and payabte; whether or not there be nof~ce da m;nd, attempt to collect or suit pend~ng; and the fu~l amount of each and every su:h paymem shail bear interest from the date thereof until pa~d al the cr of nu~e pe~ centum par am~un; and all said costs, charges and ~x::enses i~xurred or pa~d, togather w~th such iroerest, shall be secured by the I~en of th~s mortgage. 6_ That (s) in the event of any breach of this Mortgage or default o~ ~Fw part of the 1dORTGAGOR, or (b) in the eve~t any of sa;d sums of mor+ey hcrein referred to be not prc~nptly and fully paid witf~m th:riy t30; days nenl a~~.•r the same severa:ly becane due and payable, wiihout demand o~ netice, or (c) in thr event each and every the stipul~rions, agreements, cond~t~or.s and covenanrs of sa.d promissory ncte and th~s mor~gage any or either are not ~~ly, promp~ly and lutly per(ormed, d:scharg•_d, executed, effected, cor.iplered, compl~ed with and abided S/, then in either or any such event the said ag gregate aum mentioned in said promissory note then re~naining vnpaid, w~th ~nrere;t accrued, and au moneys secu.ed hereby, shall become due and pay a5!e forthwith, o~ thereafter, at the option of sa~d AtORiGAGEE, as fully a~xl canple~e~y as if all of H,e said sums oi money wcre onginally st~pu:aied to be pa:d on such day, anything in sa.d pro:n~ssory note or in this ~.lortga~e to ~he co~ztrary not~vithstanding; and thereupon or thereafter at the optioo of S s+ d MORTGAGEE, withovt nonce or demand, suit at law or ~n equ~ty, therefore or thereaiter begun, may be prosecuted as ef all moneys secured he~eby n;d mawred pnw to ds institu+ion. 7. That in the eYent that at the 6eginn~ng of or at any tirne pend~ng any suit upon rhis tilortgage, or to fo.eclose it, o? to reform it, or to e~force G--~yment oF any daims hereunder, said !'AORTGAGEE shail apply to the Court havir.g jur~sd~.ct:on thereof for the appo~ntment of a Rece~ver, such Court shaU icrrhwith appoint a receiver of said mo:tgaged property all and singular, ind~~d ng a11 and s~ngular the income, prof~ts, issues and revenues from whatever s_.,rce derived, each and every o( wh~ch, it being expressly undersiood, is Fereby mortgaged as if spec~tically set forfh and described in the g~aming and h.abendum ciauies hereof, and such Receive~ shaH have all the broad and effc<tive f~nct.ons anc! powen in anyw~se entrusted by a Court to a Receirer, and ' s_:h appo:ntment shall be made by such Covrt as an ad~nittrd equ:rl and a r. atrer oi abso:ure rigM to sa]d A10RiGAGEE, and w~thout reference to thr adeqvacy or inadequacy of the val~e of the property morrgaged or fo the sovency or msc~vancy el sa~d MORiGAGOR or ihe defendants, and that such re•,n, profits, into,ne, issues and revenues shall be appiled by wch Reca~ver accord.ng to the Eien or equity of said MORTGAGEE and the pradice of svch Court. 8. To duly, promptly and fully periorm, d~scharge, exec~te, effecr, comp!rte, co~np~y w~th and abide by each and eve~y the stipulations, agreemems, ;onditions and covenanis ~n said promissory note and th~s mortgage ser forth. 9. That in the eve~t the ownership of the mortgaged premise:, or any part thcreof, becomes vested in a pe~son other than the MORTGAGOR, the ~ h'ORTGAGEE, its successors and assigns, may, w~thout nosice to the MORiG:.OR, deal w~th svch successor or successw in interest with ~eference to this ~ ~ e~~gage and the debt hereby secured in the same manner as with rAo~tyagor w~thout in any ~vay vit:ating or d~scha.ging the Mortgagori liability here- ; ~der or upon the debt hereby sec~red. No sale of the Frerr.~ses hereby mo~tgaged a~d no 4orbearance on the part of the IAORTGAGEE or its sutcessors cr aesigns and no exre~sion of the time for the payment of the debr h~reby sec~~ed given by the MORTGAGfE or ~ts wccessws or ass~gns, ahall operate ;o re!ease, d~scharge, modify change or affect the orig~nal leau~;~ty of the IY,ORiGAGOR herein, either in whole or in part. 10. It is speufically agreed that t~me is of the essence of thfs conrract and that no waiver of any obligat~on hereunder or of the obtigation sr ; cured hereby shall at any time ~hereafter be he!d to be a waiver of the terms hereoi or of the instrumeM secured herby. I1. In add:tio~ to the foregdng month'y paymen~s of priac"pa{ and interest ~equ~red by the~ prom:ssory note secured hereby, mortga~or tovenants ' ~-d agr_es to pay to mo:tgag~e xirh each month y payr.:ent an add~nonaf sum ~•s! ~.ar~d br mortgagee to be equal to 1 12 of t: e annual cost of the follow- ; i ~ E y" ~ A-Ali real E:roperty taxes levi~d o~ assess~d agai~st the aLove desvibcd real esrate. i B-P~emiu•r.s o~ fire and ~n•~ndsto:m ir.sur~rce as ner~•~n requr.~d te be carried en the ~mproveme~ts s~tuate on the above d~scribed premises. ~ C-Premiums o~ such mortg;ge guaranty ir.sura~,ce as mortgagee sha~l frem ~:ne to time deem tit to carry on the lo3n sccured hereby. i Mortgagee shail from t~me to n:ne notify mortgagcr in writ~ng o1 the a~r,ou~t du_ and payable hereundrr and such su~~ shai! thereupon be due and ~ ;,yable on tha due dare of ~he n•_xt n~onshi~ payment and each s~ccessive R~o•,th thereafrer ur.til mertga~ee shall not~fy mo~tgagor of a char,ge in svch ~ = ount. Such svms sFail be appiied by mo~tgagee tov.ard the payment of real property -taxes, insurance prem.ums, and mortgage guaranty insurance , ~miums. ~ IN Y1ITNESS NHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal fhe `ay and year first aforesaid. ~ ~Si ned, Sealed and de~ivered in the presence ofc • ~ ~ ~ g [I f ~C. (L ~1 i L:~--- `v a4 ~ . _ t aniel J ~ (s~,q ; tseat) ~ ~ ~ ` , I.inda L. Ch 2?T~gi (~a~) ~ = ~ ATE OF fIORiDA ~ ~ St. ~iCle ~ ~ ~OUNTY Of Before me personapy ap~a.ed _ Nathaniel J. Chiangi a~ ~ Linda Ta. Chiangi his wife, to me well known and known to me to be ~ !h= individuals described in and who executed the foregoing inslrumeN, and acknowiedged before mr that they executed the sarrK for the purposes : therein expressed. And the said Linda L. Chiangi ~ Hathaniel J. Chiangi „ „ a ~.~t,,,r-.' ; r r~~fe of the said - P° sep~~a!1~, . e=am~nat~on by me ta4en separate and apart from her said husband, atknowledged to a~d be~ore me that she executed said instrum~~A~flee(~y and WM1Ai;_ _ ~ rsniy and w~thout a~y compulsion, constrai~t, apprehens~orX or fear of or from her said husband. ~ WITNESS my hand and oificial seal this_ ~ day of ~rCh ` A. D:'1~~ 1" ~~r~~ + < ` ~ ~ . i L ~ ~Notary Public in and for the~ ~ta.t~e •~Idir}•~t F,srge My Comm~ssion expires: G~~CI'•I~I7~7~~ - ~ Return To: , / ~ -.s. . Firsf Federal Savings 3 Loan Associat~on ~e • ~ 7J , - . ; r Of Fort Perce. _ Fort Pirrce. Flonda . ~!w rh=Y _ ~i`',! , - !~'#L.i77 ~~i ~i.~i~ ' • - ~ _ W.~ ~ ~TT -V ~~tJ1~fi~~/ ~tµ~p n' This Instrument Prepared By ~rhri. E. Braun ~~b First Federal Savings & Loan Association MAR• 1'~- 12:/~ " of Fort Pierce , Floriaa - Checked By ` $a~~00 ~~~~14 ; ~ - ~ - - - ~ - : _ - _