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To place ~nd continuou~ly keep on ~he bui!dingt now w hereal~a iitva~s or+ :atd land and on slt equ~pment and pcrson~lly covered by ~hi~ ma a~s, wi~h all premium~ ehereon pa~d in full, fire insurance in the usual sta~dard policy 1orm, in • sum app~oved by the MOR(GAGEE, and windsto ~~suranc~ in Ihs uswl standard pol~cy iwm, in a sum ~pp~oved by ~M MORTGAGEE, in s~ch company or compan+es as l1+e MORTGAGEE m diretl; and al) iire and w+nds~orm insurance policies on ~ny of said build~r+yi, ~ny intersst therein o~ parl thereol, i~ the aggregate sum alweaaid in exteu Ihereof, shall contain IM usual sta~dard mo~tga9es clause w such o~he~ clauie sa the Matgages may ~equirs, makinp the tosi unde~ sa~d po cies, each u+d eve~y, paysble fo said MORTGAGEE as its i~terest may appear, and each and eve?y svch policy ~ha?1 be promplly ass.gned and delivered ~ any held by said MORIGAGEE as iurther security to said matgage debt, and, no1 leu than len (10) days in advance of the expiratiw? ol each policy, to d~ liver to said MORTGAGEE • rMewsl the~eof, /ogttMr with a rete~pf fw fhe pramium of such renewal; a~+d there ihal! be no i~re or windstorm insurant plxed on sny of said b~ildings, any inieres! !!wein or part thereof, unleu in th~ fwm and with the toss payabls as afwesaid; and in the ev~nt any suo. ~ of money becomes payaWe undcr such policy or polKies uid MORTGAGEE shall have the opfion 10 ~eceive and appty the same on account of the indeb~ed neas setured her~by w b permit uid MORTGAGORS to reteive and uss it a any part thereof Iw othrr puruoses, witho~t Ih~rcbr waivi:~3 0~ ~mpair ~++g a~y equ~ty, lie~ w right u~der or by virtue of this mo:tgage; and in the event w~d MORTGAGORS shall for any reason fail to keep the sa~d premises so ~ insured, or fail fo delive~ promptly any of said polKies of insurante to aid MORTGAGEE, w fail promptly to pay fulty any prc~nium therefo~ w in any ~ ?espect (ail to paafarq, dischsrge, execute, e(fecf, complete, comply with and abide by this cove~ant, d any part hrreof, said MORTGAGEE may plsce snd ! pay fw ~uch irtsurance or any part thereof without wsiving o~ ~ffeclinp any option, lien, equity, or righl unde~ or by virtue oi this Mortgage, and the fu11 amounr of eacA and every such payment shall be immediately d~s and payabls and shall bear interest from 1he date theroof un~il paid at the ~ats ol ' ~~~e per ca~tum per annum and to~ether with such intereat shalf be secured by th~ lien of this mortgage. ~ 1. To permil, coinmil or suffa ~o waste, impai~meM w dNeraration of said propaty or any psrt thereof. 5. To pay all and sinpular the costi, charges ~~d expenses, including a reasonable attorr?ey i fee and costs of abstracts of titls, incva.cd w paid sf any time by uid MORiGAGff, becausa o~ in !he evenl of the failure on the pan of the ssid MORTGAGOR to duly, promptly and fvlly perform, dixharge. execute, eifect, complete, comply w~th and ab:de by each and every the stipvlatio~s, sgreemenn, condi~ions, a~d covenaros of taid promissory note and this mortgape any or eithe~. snd said costs, ch~rges and expenses. each and every, thal! be Fmmediately due and payable: whether w not there be ~otite da mand, attempt b to11M a suit pend~ng; and the full amouM of each aod every such paymeM shall bear interost irom the date thereof uMii paid ~t tht ~aie of nine per centum per annu:n; and all said costs, charges ar+d expenses i~curred or paid, togethe~ w~~h such interes?, shall be aec~red by the lien of thia mortgage. 6. Th~t (a) in the eveM of any breach of this Mwtgage w default on the pan of the MORTGAGOR, or (b) in the event any of ss;d s~ms of mo~ey herein refe~red to ba not prompNy and t~lly paid within thirty (3p) days nexl after the same severally become due s~d payable, without demand or notite, or (cj in the event each and every the stipulations~ ag~eements, cond~tions and covenants of sa;d promissory note and this morlgage any a e~ther a?e not iuly, promptly and fuHy performed, dixharged, executed, effected, completed, complied with and abided Sy, theo in either w any such eveM the said ag gregate sum rrKntioned in said promissory note then remaining unpaid, wirh interesf acuued, a~d all moneys secured hereby, shall become due and pay- able fwthwith, w thereafter, at the option of said MORTGAGEE, as fully aod completely as if all of the said sums of money ~vere orginally ~t~pulated ro be paid on such day, a~ything in sa:d promissory note w in this Mortgage to the cont.ary nptwithstandi~g; and therevpon or thereafte~ at the option ot i said MORTGACsEE, without notice or demand, suit at law or in equity, therefore or thereaiter begun, may be prosecuted ss if all moneys secured hereby ! had matured pr~or fo its inttitution. 7. Thst in the event that at the beginning of w at any time pending any suit upon this Mortgage, w to fwectose it, or to relwm it, or fo enforce payment of sny ciaims hereunder, said MORiGAGEE sha!! apply to the Courf having jurisd~c~ion thereof tor the appo~ntment of a Rece~ver, such Cou~t shall Forthwith appoint a receiver of said mortgaged property all and singular, includ~ng all and s~ngular the income, profits, issues and revenues (rom whatever i sou.ce derived, each and every of wh~ch, i~ being expreuty undersfood, is hereby morrgaged as if spec~fically set fw~h and deuribed in the granting and ~ habendum dauses hereof, and such Receiver shalf hsve all the broad and effective funcnons and powers in anywise entrusted by a Court to a Receiver, a~d . s::ch appointmcnt shall be made by such ~ou~t as an admifted equity and a ma~te~ of absotute right to said MORTGAGEE, and wi~hout reftrence to the adequacy a insdeqvacy of the valve of the property matgaged w to the sotve~xy or iryylvency of said MORiGAGOR p 1he defendants, and that such ' rents, profits, intane, iuues and revenues shall be applied by such Reteiver accordiqp!to_ the lien or equity pf said MORTGAGEE and the practice of such ~ CouA. _ , , ~ S. To d~ly, promptly and fully perfam, diuharge, execute, effect, complete, comply.with and abide by,each and dvery the sfip~rlatioos, agreements, conditioro snd covenants in said prom~ssory note and this mwtgage set forth_ ~ 9. That in the evero the ownership of the mwtgaged premises, w any part thereof, becomcs vested in a perwn other than tlx MORTGAGOR, the M1'ORTGAGEE, its succeuors and auig~s, may, withovt nofice to the MORTGAOR, deal with such successor or wccessor in interest with re(erence to this mortgage and the debt he~eby secured in the same manner as with Mortgagor without in a~y way vitiating a diuharging the Mottgagors' liability herr under w upon the debt hereby secu~ed. No sale of the premises hereby mortgaged snd no torbearance on the pan of the MORTGAGEE w its successo~s or assgns and ra extension of the time fw the payment of the debt hereby setured given by the MORTGAGEE or its succeuors ot auigns, stiall operate to release, diuharge, modify change w affect the original liabil~ty of the MORTGAGOR herein, either in whole or in part. 10. h is spetifically agreed that time is of the essence of this contrsct and that no waive? of any obligation hereunder or of the obtigation so- cu.ed ixreby shatl at any time rhereafrer be held to be a waiver of the terms hereof w of fhe instrument setured herby. 11. !n add~t;o~ to ~he fwego:ng monthly payments of princ'pal and interest ~equired by the promissory note secured hereby, mortgagor covenants and agrees to pay to mo~tgagee with each momhty pay,,,ent an add~rional sum esrimated by mortgagee to be equal to 1% 12 of the annual cost of tF?e fo(low- ing: A-Atl real property tax~s levied or assessed against th~ above desc~ibed real estate. B-Premiums on fire and windstorm insurarce as herein requ:red to be carried on the improvements sit~ate on the sbove desoibed premises. C-Premiums o~ such mortgage guaranty insurar~ce as mortgagee shal) from time to time deem fit to tarry on the loan secured hereby_ Mortgagee shail from time to time notify morfgagor in wrifing of the amouM due a~d payabte hereunder and such sum shall thereupon be due and ~ayable on the due date of the next month!~ payment and each successive month thereafter ur.til mortgagee shall notify rtqrtgagw of a change in such a7~ount_ Such sums sF.all bo applied by mortgagee toward the payment of real property taxes, insurence prem:ums, and mwtgage guaranty insura~ce premiums. IN WIiNESS 1NHEREOF, the sa~d MORTGAGOR has hereunto ut his hand and seal ihe day and year first aforesaid. Sig , S led and ' iv in t preurxe of: ~ hn Schade ~ .R _ ~ anny L. Schade ,~n SSATE Of r~ p,~nsylvania ~ couNnr oF _ ~ k,.,,r-.~.,_~. ss' Befwe me personally appeared John Sehade a~ F1lllly Z. • Sehade his wife, to me well known and known to mc to be ~he ind~viduals described in and who exec~ted the fwegang instrument, and acknowtedged before me that they executed the same !or the pwposes rherein expressed. And the said F$nny L. Sehade w~fe of ti~e said JOr1Ii Sehade upon ~ sepuate and private examination by me taken separate and apart from her said husband, acknowledged to and before me that she exetutcd said instrumeM freely ~nd volun- ~ tariiy and without any compuls'an, constraint, apprehension, w fear of or from her said husband. WITNESS my hand and officia( seal this ~ S day of- ~y , A, D. 19 72 ~`~-C . ~ ' ,~'.~,_,Q-a ~,,,.q.. t Notary Aublic Fn and fw the Sfate of ~0[ at larye My Commiu'ron expirei: Retum Ta. pa • First federal $avings a LOan Association 'i~t iry P;:':!.: :'r:S;.rr.t ~'ar: ^ '!E ~:ir. . ..U. O( Fort P;erte. ~ , FOrt Pierte, Florida Mi ~'~'i ~ii:.~0~ J~.::S 'e1 :i ~ , 157t f1?.EO aND PECOR0E0 ` . - _ I This Instrument Preparecf By RiChad K. Kayes sT' Rp~itFCPZMR~g at ' First Federal Savings & Loan Association RK C1`~~u~~ ~4U ~ ~ F~EO of Fort Pierce , Rlorida afCC`Rn YE • - ' Chetked By ~ M~ 3' II 59 ' 2304'72 , oR j BOOx PAGc~N~ . y f F' _