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To plx~ and conrinuou:ly kcep on thc bui!dings now a hereaiter situat~ oe+ s~id land ~nd on all equ~pmen~ ~nd personally cov~red by ~hii mor~q~ s9~, with dt prtmivms thereon pa~d in fvll, fire insur~nce in !hs usual ~undard policy form, in • sum approved by the MOR~GAGfE, and windstoam ; jniVf~fK~ In /M uiwi s+andard pol~cy form, In • tum approved by tha MORTGAGfE, In such tompany w companies a tl+~ MORTGAGEE may d4~c?i and all ii~~ and w~nd~arm insuronce polrcies on any of ia~d build~nps. ~ny inter~s~ therein w pan thereof, in IM a9yreyate aum ~faeiaid or i~ ~ztess IMreof. shal) con~ain the usuat standard mortya9e~ ciause w such otF~ ci~uw ~s IM Mo.tyayee may requ'ut. makinq IM ?oss under sa~d poli~ ciss, tacA and evay, payable ro said MORTGAGEE ~s ih ime~es~ may ~ppeu, and cach and ~very such policy sh~Il b~ p?omptly au:yned and dalive~ed ~o t any Mld by sa~d MORTGAGEE +s fur~her secvrity ?o said ma~~~s debl. ~nd, not ku th~n te~ (10) d+ys in advance of tM expir~tiw+ oi each policy, to da j IivN ro said MORTGAGEE • ten~wal tF~wf, lop~rhK wirh a tat~ipt iw tht pem;um of auth renewal; snd lhere sh~Il b~ no fire o? windstorm insurant~ 1 pl~c~d on ~ny of said build'+nps, any interest tF~~in or parl lhereof, u~lcu ln ~l+~ iorm a~d with 1M los~ payable a~ ~iwesaids +nd 1n tF?t evs~t ~ay sum of mor~ey becpne~ pay~ble u~de? such po~ity w policies said MORTGAGEE shall Mve tM option to receive snd apply tha s+ms on ~tcount ot tM Indebted~ ~ neu secwed M+eby a b pe~mit uid MORTGAGORS to ~eceive snd use it o~ any pa~t thereo4 1w othc? purpoies, wi~hou~ th:~eb~ waiving a~~,pair- i~ any puity, Ifee~ w ~iph1 w~der a by virtw of Ihis mortppet ~nd in IM tvent ~aid MORTGAGORS ihall for ~ny ?sason fail to keep fM said p~tm3id io ~ inwr~d, or fafl 10 fi~live~r.,~[~tly _any ot said policie7 of insuranc~ to said MORTGAGEE, w fail promptly fo pay f~lt~ any premivm ~herefor or in any r~sp~ct fatf b pKtwm.'df `xhugi, ~xecute, eff~cl, comple~e, comply with ~~d ab~de by ~h~s cove~?ao~, ot ~~y p~rt hereof, said MORTGAGEE may place and i p+Y for wch huuranc~ u sny put thareof without w~ivi~y or ~f(ectinq ae+y option. lie~, equity, a ~;ght u~der or by virtw of this Matgaye. and the y full unount of tach ~nd ~wry such payment ~hsll be immedist~ly dw and pyable ~nd sh~ll bea? intareat from the dat~ ~i+ereof v~~il paid a~ the rate oi i n~ne pM centum pN annum and together with wch interQSt shali be secv~cd by the lien of this mortpaye. j 1. To pamit, ownmit or suffer no w+ste, lmpairmenf or deterioration of taid property w~ny parf tAereof. ? 5. To pay dl ~nd singufs~ ths costs, charges ~nd experues, including a reasonabls sttancy i fes snd cost~ of sbstracts of title, iecurred w paid at ~ any tlme by said MORiGAGEE, becws~ a in the wN?t of tM (ailw~ on the paA of the aaid MORTGAGOR to duly, promptly snd fully perform, discMrg~, execvte, ~fiM, comptete, comply with and ebide by each and every ths stipulations, sgreements, conditioru, and oovenann of said p?omissory note and this i mortgag~ any or ather. ind sa;d tosb, ch~rges and ~~epenses, each and ~very. sh~ll be immediately due er+d payabls; whether or not there be notice de~ mand, ~ttempl to colkct w wit pendinyj snd the f~ll ~nount of each and eve~y wch paymeM shall bea. in~erest irom Ihe date thereof unril p~id •t the ra~e oi ntne per ccntum per an~wm; and alt said msts, charges and expenses incurred w paid, together with tuch interest, thall be secured by 1M lien of tha matpay~. ~ 6. That (a) ln tMe event of any bresch of this Mortgsye a defs~tt on the part of the MORTGAGOR, w(b) i~ the svent any of ssid wms oi monay herein referred to be not ptamptty and fully paid within th'aty (30) days nex~ after the same xve~itly become due a~d payable, without dem~nd w notice, or (cj in 1M eveM eath and every ths stipulations, agreements, ca+ditions a~d cove~onts of sa:d promiswry note and th~s mortgage any w either are no1 iuly, promptly ~nd fully perfwmad, dischsrged, executed, effected, compteted, complied with and abidcd Sy, thert in either or any ~uch event !he sa;d a~ gregat~ wm mentioned in said p~omisswy note then remaining unpaid, with interest actrucd, and all moneys sctured hereby, shsll becwne due ~nd pay- able fonhwith, a thereafte+, al Ihe option oi said MORTGAGEE, ai fully and completely as if all of the said sums of rta~ey were orginally itipuiated to be paid on svch day, anythir+g in sa~d promissory rate or in this Mwtyage to the confrary notwitF+~sanding; snd ~hereupon w thereafter at the opGon of ~ said MORTGAGEE, without notice or demand, svit at law w in equity, therefore or thereafter begun, may be prosec~ted u if ~II moneys tecured hereby had matured {x~or to its institvtion. 7. That in the event thst at the beginrring of or at ~ny time pending any suit vpon thi~ Mortgage, or to foreclose it, w to reform if, or to enfwcs paymem of any Naims hereunder, aaid MORTGAGEE shafl apply to the Court having jurisdiction therrof iw the appointment of a Receiver, such Court shaU forthwith ~ppoint a receiver of said mortgaged propeAy all ~nd singular, Inclvd~ng all and singu~ar tha incorns, profits, issues and revenex~ from whalever soures derived, each and every of wh;cb, it being expressty un~}erstood, is hcreby mortgaged as ii speciiicsliy set forth and deuribed in the granting and habendum clauses hereof, and svth Receiver shalt have all the brwd ar+d effective funct~ons and powers in anywiu entrusted by ~ Court to a Receiver, and s~ch appointment shall be msde by such Court as an edmitted equity and a matte+ of sbsolure right to said MORTGAGEE, aod wi~houl reference to the adequacy o~ inadequacy of the value of the property mortgaged or to the wwency or insolvency of said MORTGAGOR or the defendanri, a~d that such rents, profits, incwne, issves and revenues shal{ bs applied by such Rtteiver accwd~ng to the lie~ w equity of said MORTCaAGEf and the practite of such faurt. 6. To duly, promptly snd fully perfwm, discharge, execute, effect, complete, comply wi~h a~d ~bide by each and every ihe sfipulat;ons, agreemenf:, conditions and covenants in u~d promissory note and this mortgage xt fw~h. 9. That in the event the ownership of the mortgaged premius, or any part tlxreo(, becomes vested in s pe~son other than the MORTGAGOR, tM h10RTGAGFE, its successors and assigns, may, withovt notice to the MORTGAOR, deal with iuch successw or success« in interes/ wi~h reference fC mor~gaye and the debt hcreby secured in tfu same manner as with Mortgagor w~thout in sny way vitiating d dixharging the Mwtgagors' liability here- under w upon tAe debt hereby secured_ Mo sale of the premises hereby mo?tgaged and no forbearance on the part of the MORTGAGEE or iti successors or augns and no extensipn of the time for the paymeM of the debt hereby secured given by tFu MORTGAGEE or its successors or auigas, shail operate ro release, discharge, modify change or affect the orgina( liability of the,MORiGAGOR herein, either in whok or ie pa~t. 10. It is spec~fical(y ag~eed that time is of the ~sence of ehis contrad and that no waiver of any obligation hereunder w of tM obligaYan te- cured hereby shall at any time thereaFter be held to be a waive~ of the terma hereof or of the instrument secured herby. 11. In add~tion to the fwego:ng monthly payments of princ'pa~ and interest required by the prom~uwy note secvred hereby, mortgagor covenants and agrees to pay to mo:tgagee with eacA month(y payrnem an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- in9: A-All real property tazes levied or assessed against thc above described real estate. 8-Premiums_ on fire and windstorm insurar.ce as here~n requ~red to be carried oo the improveme~ta situate on the above described premises. C-Premiums on such mortgage guaranty insurance a: mortgagee shalt from t~me to tirree deem fit to tar?y on the loan secured hereby. Mortgagee shaN from t7me to time not;fy mortgagar ~n writ;ng of the amount due and payable hereunder and svch wm shall thereupon be due and a able on the due date of the nezt "monthl ` t Y y payment and eacfi successive month thereafier urtil mortgagee shal! notify mortgaga of a change in such amount. Such sums ahall be applicd by mortgagee toward the payment of reaf property taxes, insurance prem:ums, and morigage guaranty insurance ' premiums. IN WITNESS WHEREOf, the said MORTGAGOR has hereunto xt his hand and seal the day and year first aforesaid. . . _ i ~ bi ned. Sealed and delivered in the presence of: - r d~--- s~~ W' nr Cha ~n ' f ' . s~~n ; witness Issb¢lle V. Chat~ ,~,n ~ ~ STAiE Of I llinois ~ ' COUNTY OF `~'~r ~ f E Before me persorwlly appeared Henry fl. Chapoan ~ Isabelle V. Cha ~an E p his wife, ro me well known and known to me to be ; +he Fndiv'+dwls dewibed in ~nd who executed the fwegoing instrvment, and acknowledged before me that they executed the same fw ths purposes ~ rF.erein e:pressed. And the ~~d Isabelle V. Chapman ~ ; H~fe of the said ~t1=y D. Chaw~an a~rate and-pstvat~ ; examinatan by me taken aeparate and apart from her said husband, stknowledged to and befwe me that she exetuted said irrstrument fr~~ti~'' r w~ +A?,~pn- j t rarily and w+tho~t any compulsion, constraint, apprehension, or fear of w from her said husband. ~4,'._ i WITNESS m hand and ffi I y .~ul ~Ra i~~; ' ~ y o cia seal this da of ~ • i~ - - No y PuWic in and for IFx t(e ~:~,~at [tirue 7~ . t My Commission expires: 3~~ • Y" Return To: _ r„ ~ v ? : First Federal Savings 3 loan Association ~_v~Lp^ , i~~•~ ~ Of Fort Pierce. L7U . ! Fort Pierce, F(orida ~j • ~ ~ ' ~ ~ • ~ fILEDA~,•qtC~~~FD ~ / C4~ I ~ s~. ~uc~r: cDLM; t FLA. RO~i .=~.Tf!AS ; AF ~RD Y~:tfj ~OURt ~ i q This Instrument Prepared By J. Hal Roberts ~ J, ~ First Federal Savings b Loan Assotiation ~,u ~Q' ~ of Fort Pierce, Florida ~i l 3 io PH ~~3~ s ~ Checked By~ ~ F • ~ . . ~ i ; F ~ _ < _ . . . . " - _ _ . _ _ _ _ n ~