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To p~aca and cont~nuously keep on the bui!d~ngs now or hereafter ~ituate on said land and on ali equip~nent and pe~sonally covered by thi~ mor a9a, w~th all prentiwns thereon pa:d in full, (ire ins~rence in tho usual starxlard poGcy form, in a sum approved by the MUR~GAGEE, and windsto ~nsurante in the usual standard pat~cy fo~m, in A sum approved by Ihe A10RTGAGEE, in such company or tompanies as the MORiGAGEE m d~recr; and all iire and windstorm insurance pol~ues on any of said buildings, any interest therein o: pa~t thereol, in the aggrega?e tum aforesaid in excees thareof, st~all conrain the usual sta~~dard mortgjgee clause or such other clause as the Mortgagee may requ~re, making the ross unJer sa~d po c~es, each and every, payob!e to sa~d A10RTGRGEE as ~ts ~roerest may appear, and each and every such po~~cy shall be prompt~Y ass gned and de~ivered ~ any heid by sald h10R(GAGEE as fur~her security to aa~d mortgage deb~, and, not less than ten (10) days in ad.ance of ~he exp~~alion oi each pol~cy, to d~ I,ver ro sa;d MORTGAGEE a renewal thereof, ~ogether with a receipt for the premium oi such renewal; and there shall be no f~re or windstorm insuranc pl:~ced on any oi sa~d bui!d~ngs, any interest therein or pa~f the~eof, unless i~ the form and with Ihe loss paya6te as aforesaid; and in the eveM any sun o' money becomes payabte vnder such polity o~ policies said MORTGAGEE shall have the opt~on to reccive and apply the same on accoun~ of the indebted n~•ss secwcd hereby or to perm~t said MORTGAGORS to reeeive and use it w any pnl~ the:eof for o:n•~r pu~E•oses, ~v~~ho~r ~h_~~ui .v~w~~3 er u~in.;~r ~n~ any equ~ty, l~en or r~ght undcr or by virtue of this mo::gage; and in the eveM said MORTGAGORS shall :or any reason fail to kcep the sa~d premises so :r.sured, or fail to del~ver promptiy any of said poGcies of insurance to said MORTGAGEE, or iail prcmptly to pay tutly any pre~m~m therefor or in a~y respcU 1ai1 to per(orm, d~scharge, executq effect, complete, comply with and abide by this coveoan?, or any part hareoi, said MORTGAC•FE may place and # p~~ ior such insurance or any part thereof without waiving or affectirtg any option, lien, equity, or right under or by virtue o1 this Mortgage, and the ~ f~ll amoum of each and every suth payment ihall be immediately due and payable and shall bear interest from the date thercof until paid at the rate ol ~ ~~~:.e prr centum per annu:n and to~rth~•r wiih such iroerc:t shali be sac~red by the lien of this mortgage. + i d. To permit, commit o~ suffer no waste, impairment or deterioration of said property or any part the!eof. ~ To pay aIl and singu(ar the costs, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at ~ any t~~r.e by s~~d MORIGAG'.E, because w in the evem of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, d~scharge. _.x~.ute, effcc?, comp:ete, comply with and ab:de by each and every the stipulat~ons, agreements, conditions, and covenants oi said promissory note and this rorfgage any or e~~her, and sa:d costs, charges and expenses, each and every, shall be immed~ate:y due and payabte; whether or not thero be notice dr ,~..,~~d, atte~:,pi to coliect or suit pendmg; and the tull amoum of each and every such paymem shatl bear interest from the date thereof uniil paid at the ~ o~ nine yer cenium ~•or annu n; and all said costs, charges and ex~enses inturred or paid, together w~th suth interest, shall be setured by the hen of this •nortgage. 6. That (a) in the e~ent of any breach of this Mortgage or default on the part of the MORTGAGOR, or ;b) in the event any of said sums of money re~n referred to be not Fromptly and fully paid wi~hin thuty (30) days next after the same severa!;y become due and payable, without demand or notice, ;c) in thr event each and every the stipu~ations, agreements, cond~t~ons and covenants of sa,d promissory note and th~s mor~gage any or eilher are nol 1~~;y, promptly and futly performed, dscharged, eaecured, effected, completed, complied with and abided 5y, then in e~ther or any such event the said ag- 3ate wm mentio~~ed in sa~d promissory nore then remaining unpaid, with interest accrued, and atl moneys secured heteby, shall become due and pay ,c:,~ forthw~rh, o. rhereafte~, at ~he option of said h10RTGAGEE, as fully and complete~y as if all of the said sums of money were w~g~na!!y st~pulated be p.~:d on such dny, anything in sa;d prom~ssory note or in this Mortgage to the contrary notwithstandi~ig; and thereupon or thereafter at the op~ion of MORTGAGEE, w~thc~t not,ce or demand, suit at iaw or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby r..:d matvred ptior to ~ts institution. - 7, That in the e~e~t ihat at the beginning of or at any time pending any suit upon this Mo~tgage, w to forectose it, or to refcrm it, o? to enforce :,;ment of any ciaims he~eunder, said MORTGAGEE shall apply to the Court having j~risd:aion thereof for the appo~ntment of a Rece~ver, sueh Gourt shall thwith appoint a receiver of said mortgaged property all and singular, includ~ng all and singu~ar the intome, profits, issues a~d tevenues from whatever s~•ce dar~ved, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if spec~ficai+y set fwth and destribed in the graming and '_er,dum ca~ses hereof, and wch Receiver shalf have all the broad and effxtive funu,ons and powers in anyw~se emrusted by s Cou~t ro a Receiver, and ;-.h .3ppcin7menl sha~t be made by such Court as an admitted equity and a matter of absoeute ~ight to said MORTGAGEE, ard without roference to the ;,.~„cy or ;nadeq~ar~ ot the value of the p~operty mortgaged or to the so~vency o+ inso~vency of said MORiGAGOR or the deiendams, and that such ~s, Nrotits, inco,ne, issues and revenues shaN be applied by such Receiver accordmg to the lien or eqvity of said MORTGAGEE and the practice of such i~~rt. 8. To dv!y, prompt;y and ful!y perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, d;t;ons and covenants in sa~d promissory note and this mortgage set fo~th. 9. That in the evenf the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other fhan the MORTGAGOR, the "~RTGAGEE, i!s successors and ass~gns, may, wifhout notice to the MORTGAOR, deal w~th such successor or successor in interest with reference to this c+~age ar.d the debt hereby secured in the same manner as with blortgagor without in any way vitiating or discharging the Mortgagors' Gability here- ,~;i<•r or upon the debt h~reby sewred. No sale of the premises hereby mortgaged and no forbearance on the part of the /J10RTGAGEE o? its successors .,ss~g~.s and no eztension of the time fo~ the payment o` the debt hereby secured given by ihe MORTGAGEE or its successors or assigns, a~~all operate ~ re~ease, d~scharge, modify change or affect the orig~nal liab~lity of Ihe MORTGAGOR herein, either in whole or in part. 10. It iz spec;fically agreed that time is of the essence of this contract and that no waiver of any obGgation hereunder or of the ob!~gation se- c~red hereby sha(i ai any time thereafter be held to be a waiver of the terms hercof or of the instrumeN secured herby. - 1 l. In add tVc~ to si~e Forego ng month!y paym^nts of princ'pal and interest required by the prom;ssory nore secured he~eby, mortgagor covenants ~ ;~g~ces to pay to :~:or~g3yee .vith each moroh(y pay~nent an add~rional sum est~mated by mortgagee to be eq~af to 1~' 12 of the an~ual cost of the follow- 1' ? A--AII rcal propcrf,r taxes levi=d or assessed aga~•.st the above described real estate. ~ - i B- Fr~~,tums on fi~_• and v~indsrorm insurar.ce as herein requ~red to be carried.on the improveme~ts s~tuate on the above destribed premises. i C-Pre:niun~s on :uch mortgage guaranty ~rsu~ance as mortgagee shall from ime to time deem fit to carry on the loan secured hereby. lr.o.~aagec sha'I frcm ti~r;e to rime ~ot~fy mortgagor in writ~ng of the amount due and payabte hereundrr and such su:n shall thereupon be due and f •,t,!e on th~ d~r c:~!e oi the tiext memh!y paymem and each successive month thereaft~r ur.til mortgagee shall notify mortgagor of a change in such ~ ~,,n~. Sv:h s..ms s'r.e,{ ~e ap~~hed by mortgagee toward the payment of rea~ property taxes, insurance prem,ums, and mortgage guaranty insurance ~ , ...~n~ums. IN 1'1lT~JESS '.'1HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Signed, Sealed and ivered ' the presence of: ~ ~t t ' ~/.,l s~~~ y? ~ir~ c~ (Seal) ' Geor Adam andt ~~,q ~ ~~'~[.r~ri ~ (Seaq Eleanor G. Brandt ~~a~~ ~~:.TE OF fLORIDA 1 Lucie } ~ :~'~TY OF St • ~ ~ , Geor e Ada.m Brandt ~ Be.ore me rsonally appeared 9 Eleanor Brandt ~ his wife, to me well known and known to me to be ! ind~vidua~s described in and who executed th~ foregoing instrument, and atknowledged before me that they execated the same fw the purposes ~ ttiercin expressed. And the said Eleanor Ci. Brandt ~ George ~C~aID Brandt - = „ ~a ~ rate arid~ riwte ? ~ of the sa:d _ p~ Pa P •:-n~nat~on by me ta4en separate and apart from her said husband, acknowledg to and before me that she executed s`d instrurtwwt frPely and_ vdun- ; ~ y ar.d w~thout any compulsion, constraint, appreh sion? or fear of or from er said husband. ~ • ' ~ WITNESS my hand and official seal this__ i day of Au USt , A. D.~ 19'72 . ~s , No ary Pubtit in an for he State yf fbrids at .lar~e ~ My Commission expire ~ ~ ~ ~ Retum To: ` ~ First Federal Savings 3 loan Associat~on ~ ~ r Of iort P c:ce. ~ Fort P~e:ce, Florida F+~.ec e.ye ~ECO~oEo ' sT. wcr couNTr Fu. _ This Instrument Prepared By: Richard K. Kayes ROCf.~ PJ:?R?S ~ First Federal Savings & Loan Association CIEaK C~'~~1~7 COURT of Forr Pierce, Florida 33450 RfC~R~s~f~•~*~E~' Checked By~ - SEr I 3 4s PH ~~Z 23'7355 600K 2OV PACE ,J~ lhl ~ , - _ ' , Y - G E .~-2_ ?~c _ _ '