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To ptace and coro~nuowly keep on ~hr tul'3~ngs now or hereairrr ~~euate on sa~d Innd and on af eq~~pmrro and persona~~y tovered by this mo.~g- •ge, with ail premw:ns th~reon E:s d~~ {~11, i~re ~ns~rance tnt ~swl standard po!icy form, in a s~m aHpruved by ~he A1uR(vAGEE, a~~d w~ndsro~m insurance in the us~at s~anda~d pol.cy fq~~n, in a s~m appro+rd by ihe h10RTGAGEE, in such tompany or compames as ~he ASORTGAGEE may direcl; and al~ (i~e and w~ndsrorm inau~acce po:~c~rs on any of sa~d bu~td~ngs, any in~erest therein or part thc~eol, in t?x a~g~rgate sum alores~id or in extess thereoF, shall cor~a~n ~he uswi ata~•dard morr~agre ciause a such other clause as tha Mo+~gagee may requ.re, meling ti~e ioas unJrr s.+~d po~i- cies, each and every, payab'e ~o sa~d !dORiGAGEE as ~~s ~ntr~.•it may apprar, and each and eve~y wch po~~r! shall be prompt~y ass ~ned and de:~lcr~d ~o any held by sa~d MORIGAGfE as fur~her s=c~~~ty to sa;d mortga3e drbt, and, not !ess than ten l10) d~ys in ad.ance of the expirat~on o~ each po~~cy, to de- live~ to said MORTGAGEE a renewa~ thereof, toge~har w~~h a rece~pt ior the pre~~~um o( such rene+vai; and there aha;i u: no f~re or w:~~ds~crm ~nw~ance placed on any of sa~d build~ngs, any interest therem w part thereof, unleis in ~he fonn and with the loss payob!e as afcresaid; and in the event any sum of money becomes payable undrr such policy or poLcias sa~d MJRTGAGEE ahall have ~he opt~on to recr~ve ~nd apply ~hv sa•ne on accoun~ of the ind~bt.d- ness Setuted hereby M to permJ sa~d thORTGACiORS to recei~'e and use it Ot any pa[t thr:eof tor oti~rr pur~:oses, c.~i'~'~ct th:•~u~ r...~.~.~~ ~ p.(~' ing any eqwty, I~en er n9hr under or hy virtue of this mocrgage; and in ~he event sa d MORTGAGOR$ shall for any reason Fail to k~p the sa~d pre~n~s_s so insured, or fail to de'~ver promptly any ol said po~~ties of inwrance to sa6d MORiGAGEE, or fa~: p:omutly to pay fu~ty any p~e~:~~.,rn thcrefor or in any respect fail ro perform, d~schar9e, eaecure, efiect, completa, co:nply w~ih and abide by th~s cova~ant, or arty p.~r~ hrreof, sa~d MORTv~GEE rnay p~acr a+d pay for wch insurance or any part thereof w~thout waiving or affecting any opt~on. Gen, equ~ty, o? right under w by virtue of ~h~s Mortgage, a~d the full amoum oi each and e~ery such payr~rm shall be immed~arely due ar.d payable and shall bear interest from ~ha date thereof untd pa~d at the ra~e o~ n~ne prr cznr~m per anrr.:,n and tu~rth~~r w~Th such inte~ru shail ba sec:,red by the lien o( this mortgage_ 4. To permit, comrn~t w s~fler no waste, impairment or deterioration of sa~d propcrty a any part the~eof. 5. To pay all and singular the costs, charges and eapenses, indudmg a reasoneble attorney's fee and costs of abstrads ot titte, incurred or paid at any t~me by sa;d MORiGAGEE, becavse or in the evero of ~he fa~lure on the parf of the said MORTGAGOR to duly, prompdy and f~l{y per(orm, d~scharge. execute, e~feu, to~nplete, comply w~th and ab.de by eech and every the stipulai~ons, agreernents, cond~huns, and tove~iants of said promissory note and th~s mortgage any or ei~her, and sa:d CUSfS~ charges and eapenscs, each and every, shall be immed~ately due and payable; whe~her o~ not there be not~~e d= mand, atte~npt to toIlect or suit pend:ng; and the full a~nount of each and every such pa~•ment shall bear inte~est from the date thr~eof until pa~d at the .are oi n~ne per censum par an~~~n ,:,n~ aU sa~J cosn, chargea and ex~~~ses ~r.c~rred or paid, toyether weh such interest, sball be secured by the Gen of th~s mor tgage. 6. That (a) in ~he even~ of any breach of this Martgage o~ default on the part oi the WSORTGAGOR, or ;o) in the event arty of sa:d wms of money herein refer.ed to be not prcmpriy and full~r paid .v~ih~n in:rty (30) dars neat aiter the same seve~a!ly Dxome due and payable, without demand or nouce. o~ (c) in thr event each and every the st~pu~ations, egreementS, Con~+rtions and covenams of sa.d pronussory notr and ths mortgage any or either a.e not ~uly, promptly and fu!ly performed, dschargad, ezecut~d, effected, comptered, comp;;ed with and ab~ded 5y, then in enher or any such e~ent Ihe sa~d ag- gregate sum menrfoned in said prom~ssory nute then re~naining unpa~d, with intere,t acu~ed, and atI mone~s secured hereby, shali betome doe and pay- abie forthwith, or thereafte~, at thr opt~on of sa+d MORiGAGEE, as fuNy and comp!etely as iS all of thc sa~d sums of money ~+ere ong~na:ly s~~pu:ated to be pa~d on such dcy, anything in sa d promissory nore or in this Mongage to the conirary nonvithstand~:ig; a~~d thereupon w thereafter at ihe opt~on of »id MORTGAGEE, wnhout not~ce or demand, s~~t at !aw or in eqv~ty, ~herefore or thereai~er begun, may be prosecuted as if all moneys secured hereby nad mat~red pr~or to ~ts ~nst~tution_ 7. That in the event that at the beg~nr:~g of w at any time pend~ng any suit upon th;s Mortgage, or to foreclose it, or to re~orm it, or to enforce payment of a~y cleinu hereurder, satd 1dORTGAGEE shal! apply to Ihe Court hav~ng jurisd~ction thereof for the appomtmeM of a Receiver, such Court shail forthwith appoim a reca~ver of sa:d mortgaq~d property all and singular, includ~ng ai~ and singuiar the inco~ne, prol~ts, issues and revenues f~om whatever s_vrce derived, each and every of wh.ch, ~t be~nq expressly ~ndersrood, is hereby mortgageel as if speafically set forth and deuribed in the g~anting and habendum cla~ses hereof, and such Receiver sha~l have a!I the broad and effec~ive f~na:ons and powers ~n anywise entrusted by a Court to a Reteiver, and s_ch appointment shall be made by svch Co~rt as an admlttrd equity and a matter of absoe~te NgAt to said MORTGAGEE, and witheut reference to the adequacy or inadequacy of the va:ue of ~he prope~ty mortgaged o: to the so,vency or ~nso~.ency of said MORTisAGOR or the defendants, and that such r~nrs, profits, income, issues and revenues shaN be applied by such Receive~ rccord.ng to the lien or equity ol said MORTGAGEE ar.d the praclice of such Coutf. _ 8. To duly, promptly ar.d fuUy perform, discharge, exec~te, eifect, co~npfete, comply with and abide by each and every the st~pulations, agreements, conditions and covenanr: ~n sa~d promissory note and th;s mortgage set forth_ 9. That in tF.e event the ownership of the mortgaoed premises, or any part ihcreof, 6ecomes vested in a perwn other than the MORTGAGOR, the .'.CRTGAGEE, its svccessors and ass~gns, may, wiiF.out nof~ce to the MORTGA~R, deal with s~ch successor or successw in interesi with reference to this r.,orrgage and the debt hereby secured in the same manner as with Moregagor without in any way vit:ating or d~scha~ging the lAortgagori liability her~ under or upon the debt hereby secured. P~o sa!e of the premises hereby mortgaged and no forbearance on the part of Ihe IdORTGAGEE or its sutcessors or assigns and no exte~s~on of ~he t~me for the payment of the deb~ hereby secured given by the MORTGAGEE or its successors or assi9nz, s~~ail operate ro re~ease, d~scharge, mod~fy change or a}iect the orig;nal IlaU,l~ty of the MORTGAGOR herein, either in whole w in part. 10. It is speufica~ty agreed ~hat t~me is of the essence of this co~tracr and that no waiver of any obl~gat~on hereunder or o! the obligation se- cured hereby sha1: at any time ~hereafter be he,d to be a wa;ver of the terms hereof or of the instrumeN secured he~by. t i. In atid:tion to tre toregc ~~g ~r.o~~rh:~ payn-snts ot princ pa~ a~d imeres~ ~equired by the prom;ssery no!e secured hereb~, mo:tgagar eovenams er,.d agrces ro pay to mortgag~e v~iih each month~y pay~ :em an add.:~onal sum rs:+~~ated by mortgagee to be eqval to 1; 12 of the ann~al cost of the follow- ~n3: A-All rea: prop^rty taxes ie•ned cr assessed 3~3i•151 thc a6ove desvibcd real estate. B-Pr~•nlu~ns on f~e and w;ndsru+~n ~:SU/d~'C2 as here~n req~:red to be carried on the im;.roveme~ts sitvate on the above d~scribed premises. C-Prer~ivms on wch mcrtgr~ge guaranty ins~ra~~cz as mortgagee shail frcm ~:me to time deem fit to tarry on the loan secured hereby. ~ h5ortgagee sha~! from +„~,e +o r~me ne~~f~ mortgagor m xrit~ng of the a~~oum due and payable hereundrr and such wm shall thereupon be due and c.r;abte on ehe J~e ca!e of ~he next month:y payment and each successive month thzreaher ur,ril mortgagee shafl not~fy mortgagor of a change in such E a:novnt. Such sums sl~a~i i~e app~~ed by mortga~•.e rov:~~d the payment of real property :a:es, insurance prem:ums, and mortgage guaranty insurance ~ F'~emiums. 1N :~ITP:E55 L':H~REOF, the zaid h!ORTGAGOR has hereu~to set his hand and seal the day and year first afwesaid. S~9ned, Seated and delivered j~n the presence of: ~ ' , fiLEO AN~ RfG~RQ~~1 a~~ ~St.IUCI_ COUN r F n _ ' : ROCE? ?91iRAS ~ _(Seaq ` ~ CIERK :.:=.C'J17 COUR~ (Seaq ~ _ sECGan vEa.•r~EO (Seap SiATE OF FIORIDA ' ~ ~ ~ ~ ~A ~~~0 - ~OUNTY OF SL Lucie ~ Before me personaI{y appeared Ernest E• Chandler a~ _ pau llle • e~ Q2 h;s W;fe, tc me wel~ known and known to me to be the individuals described in and who execused the fores oing instrument, and acknow{edged before me that they executed the same for the purposes the~ein expre:sPd. And the said Pauline E. G7landler Brnest E• Chandler u n a se arate a~d rvste rr{e of the said Po P W ~ exami~at~on b; ;.:e taken separate ar.d a?art frem har sa:d husband, acknowledged to and before me that she executed said instrument freeiy and volur?~ rar~iy a~d wrthout any compuision, constraint, apprehe s;on or fear of w from her said husband. ~ f No ber ; ~ - L.: 72 WITNESS my hand and off~dal :eal th~s_- _ day of ~;.Dr, ~ ~ ~ I 1~ ~E~!'~I/~ x r~ Notary Pub(ic i~ and (or the3 ~ lif:~ eM L~e: = = i ~ v My Commusion expires: ` , ~ • l .,j' . ~ ~ : h ~ Return To: - ~ ' v : ~ ' ~ first Federa) Savings S Loan Associar~on HorAar atBUC~TE or • G~ o! Fof, v c-ce MY COIHMISSI ~~Rt~LA~6B Fort P~rrce. f~crida BondW ibru G~Mft~J6~.~?.8~~C _ ~ ~~i".`eZ'!`~ ~?~O~i~r.K.,~, ~ , . ~ '.~i - ! •1 , ~ This Instrument Prepared By Johtt W. Collins ~ First Federal Savings 8~ loan Association ~ of Fort Pierce , Florida Checked By g~ Q PACf ~U ~U'~ ~ e.^~ ~ I ~ ' ~ .~u~.~~ ~ _ , ~