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To place and continuously keep on the bui!d~ngs now a hereaher aitaate on sa~d land and on alt equipment and penonaliy cove~ed by ~h~s mortg• ege, wnh all ptemi~nn ~hereon pa!d in lull, fire iosur~nce in ihe usual smndard policy form, in • ium approved by ~he MOR(GAGEE, and wlndsrorm ~ns~rance i~ Ihe uiual s!andard po:~cy fwm, in s ium approved by the MORTGAGEE, in such co~npany or canpan~es as 1M A10RiGAGEE may d~rect; and all' firo and w~ndswrm in~urance polic;as w+ +ny o( sa~d bu~td~~gs, any iaterest therein or part thereot, in the agg~ega~e wm aforesa~d or in excess Iher~of, shatl confain the usual standard matgaflee clause w such o~her c~ause as Ihe Ma~gagee may requ~re, maMiny the loss undrr ~a~d poii- c~~s, each and overy, paya4le to said MORTGAGEE as its inir~rs~ may appear, and each and every such poi~cy shatl be prompUy ais gned a~~d deiivered fo eny held by said MORTGAGEE as iunher security to said mortgage dtbt, and, no~ less than ten (10) days in advance o( the expi~atio~ of each policy, to da I~vrr 1o said MOR(GAGEE a renewal theieof, togerha? wiih a rece+N1 fw 1he p~emium of such renenal; a+~d ~hare shall be no f~re o~ w:~~dswrm inwrance placed on ~ny of said building~, any inlerest therein w part thereo(, un~ess in the fo~m and wi~h ~he loss payable as aforesaid; and in the e~ent any sum of money becomes payable undrr such policy o~ po~kfes said MQRTGAGEE sAall have the op~~on to rece~ve and apply the ume on aaount of ~he indabfad ~ess secured heieby w to permit said N10RiGAGORS ro reteive and ws it w any part thereof for o:n~~ µur;~oses, .•.~~hout ~hr.br .v.:~.~~3 cr ~mp,:~r- ~ng any equ~ty. I~en w righ~ unde~ w by virtue of this mo:tgage; and in the event ia~d MORTGAGORS shati fo~ any reason fail to keep ~he sa~d premis=s so ~nsured, u fail to deliver promp~ly any ot sa~d pol~urs ot ~nsurance to sa~a MUit~Gi+laEt, or ioi~ piun~yriy iu Hay f~::y a.~~ r:= '"Y respect fail ro perfwm, d~scharge, execute, eFfect, compleTe, comply with and ab~de by th~s covenam, or any par~ hereof, sa~d MORTGAGEE n,ay p~ace a~d pay fw such insurance or any pa~t the~eof w~thout waiving or affec~ing any opt~on, lien, equhy, or nght undrr or by v~rtue of ihis Mo~~gage, and ~he fu!I a~nount of each and every such paymem shall be immediately dve and payable and shall bear intere~t irom the date the~eoi until pa~d at the raie of ~nne per centum per annum and to~r~h~r wiih such inte~est shal~ be sewr~d by the lien of this mwtgage. 1. To permit, commit w su(fer no waste, impairment o? deterioration of aaid property o? any part thereof. 5. To pay e?1 and singular the toats, chargea a~d expenses, including a reasonable attorney's fee and costs of abstracts of t~tle, incurred or paid at any time by said MORTGAGfE, becauae o~ in the event of the fa~lure on the part of the said MORTGAGOR to duly, pranptly and tully perform, d~scharge. e.ccute, effect, comptete, comply w~1h and ab:de by each and every the stipulat~ons, agreements, cond~fions, and cove~ams of sa~d prom~ssory note and ~his mortgage ~ny w e~ther, and sa~d costs, charges and expenses, each and every, sMll be immediately due and payabie; whether w not ther~ be notice dr mand, anempt to colled w iuit pending; and the full amovnt of each and every such payment ahall brar interest (rom Ihe date thereof unril paid at the r.,ra of nine per cantum per an~~urn; and all said costs, charges and expenses i~curred w paid, together w~th such interest, ihall be secured by the lien of thi~ morfgage. 6. That (a} in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, o? (b) in the event any o( sa:d sums of money h>rein referred ro b~ not promptly and fulty pa~d within thuty ~30) days neat afte~ tihe same severa:ty become dve and payable, without demand or notice, or (c) in the evem each and every the stipulations, agreemems, conditions and covenants of sa:d promissory note a~~d th~s mortgage a~y o? either are no1 iu~y, promptly and fully performed, d:schargrd, executed, effected, compteted, complied with and abided Sy, then in either or any such evem tf~e sa~d ag a~eoate sum mentioned in said promisswy note then remai~i~g unpa~d, with interest accrued, and atl moneys secured hereby, shall become due and pay- ec':z (orthwith, or thereafter, at the option of said MORTGAGEE, as f~11y and complNely as i! atl of the said sums of money were o~~ginaily st~pu;ated to be pald oo such day, anything io sa:d pran~ssory note or in this Mortgage to the co~trary notwitha~andi~~g; and ~hereupon w thereafter at the option of sa:d MORTGAGEE, without norice w demand, suit at law or .in equity, the~efore a thereafter begun, may be prosecuted as if all moneys secured hereby nad matured pnor to ds institut~on. 7. lhat in the event that st the beginni~g of or at any time pending any s~it upon this Mo+tgage, w to fo~eclose it, or to reform it, or to enforce payment of any claims hereundrr, said MORTGAGEE shail apply to the Court havi~g jurisd~ction thereof fw the appo~ntment of a Rece~ver, such Court snall iorthwith appoint a receiver of said mwtgaged property aIl and aingular, inclvd~ng ali and singuiar the income, prof~ts, iswes and reven~es irom wha~ever s~u.ce derived, each and every of which, it being expressly understood, is hereby mo~tgaged as if speufically set forth and describrd in the granting and h~bendum clauses hereof, and such Recei,rer shall FAve all the broad and effective funct.ons and powers in anyrrise~emrusfed by a Court to a Recr~~er, a~~d s_ch appointment shall be made by such Co~rt as an admitted equity and a matter of absolute r~ght to said MOQTGAGEE, and witho~t ~e(ere~xe to the aciequacy w inadequacy of the va~ue of the prope~ty rtiwtgaged or to the sowency or ~nsolvency of said MORTGAGOR or the deiendan~s, and ~hat such re~,~s, profits, income, iuues and revenues shall be applied by such Receive~ accord~ng to the iien o~ equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptty and tully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions ane! covenants in said promissory note and this mortgage set forth. . 9. That in the event the ownership of the mortgaged premises, w any part thereaf, becomes vested in a perw~ other than the MORTGAGOR, the !.:ORTG:.GEE, its successors and assigns, may, without notice to the MORTGAOR, dea~ wnh such successw w successor in interest with reference to thu Tor~gage and the debt hereby secured in the same manne~ as wiih 1~.ortgagor w+tFwut in any way vit~ating o. d~scharg~rg fhe Mor~gagori liabilit~ herr ~r.der or upon the debt hereby secured. No sale of the prem~ses hereby mortgaged and no forbearancs on the pa~~ of the ?AORTGAGEE or its successors or assg~s and no extension of the time fa the payment of the debt hereby secured given by tt~e MORTGAGEE or its successws or ass~gns, ahall operate io release, dacharge, modify change or affect the origmal tiab~i~ty of the A10RiGAGOR herein, either in whole or in part. 10. N is spec~fically ag.eed that time is af the essence of this contract and thal no waiver of any obl~ganon hereunder or of the oblgation sr cured hereby ahall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tio~ to the forego:ng mon:hly payments of princ pal and in~eresr req~ired by the promissory note secured hereb~, mortgagor covenants 3~~d agrees to pay to mo:fgagee with each mon~hly payment an add~rional sum est~mated by mortgagee to be equal to 1`12 of the annual cost of the follow- ~A-All real property taxes kvied or assessed aga~~st the above described real estate. B-Prem~u,ns on fi:e and windstorm insurance as here~n requ~red to be carried on the ~mproveme~ts situate on the above described premises. C-Prem~ums on s~ch mortgage guaranty ~nsurar:ce as mortgagee shall from nme to t~me deem fit to carry on the loan secured hereby_ Mo.tgagee sha!I from time ta time notify mortgagor in writir.g of the amount due and payable hereunder and such surn shall thereupon be due and ;,yable on tha d~e date of the neat monthiy paymem and each successive month thereafter ureil mortgagee shal! notify morrgagor of a change in such ~ -ount_ Such sums sF.aif be apF:ied by mortgagee toward the payment of reat property taxes, insura~ce prem;ums, and mortgage guaraMy insurance ~ ; ~emiums. IN WITNESS YIHEREOF, the sa~ ORTGAGOR has hereunto set his hand ar,d seal the day and year first a~esaid. . j , a delive in th presence o!: ~ y \ ~ / a~) + P V L h (Seaq 4 _ I ~ a~) ~ Brnestine Van Landin ~~si~ ~ SiATE OF FIORIDA t ~ Lucie ~ =JU~JTY OF St • ~ ~ Before me persona!!y appeared S• P• V~ Landinghaa and ~ Brnestine Van Landingham his wife, to me well known and known to me to be ~ the ind~viduals described in and who executed the foregoing instrument, and acknowledged before me that they exetuted the same for the purposes ?he=e~n expressed. And the said BlAtSt171@ Van Landinahas s~ +:~Fe of the said S• P. Van Landinahas a separate and private ~ examinat~o~ by me taken separate and apart from her said husband, ecknowledged to and before me that she executed said instru~nent lreely and vo~un- ~ ar~ly and w~thout.any compulsion, constraint, apprehens~op.~o~ fear of or from her said husband. ~ WITNE55 my hand and official seal this ' day of Janua?r A_ D. 19-73 § ~ Notary Pu c in and for the ate of Fbrida at large `w My Com uion expires: ` /~~~5 Ret~m To: ~ - First federal Savings 3 loan Association - Of FcrT P,erce. , ••~~~tf~~~ :r % fort P~erte, Florida ~ ~j, ` p f tto ~Ma REc p ~ - ~~.4UC1E COUNT~ iiA . ROG[p ~p~tltA= t _ • CtEaK c~, ~~,tt covRt R~cop~ vfF~?~co This Inst~ument Prepared By J. H. Rober`ta ~~s. ~ ~ First Federal Savings & loan Association - ' ' . ~ • ` _ = ~ , i~ ~ / ~6 B1~ "r of Fort Pierce ~ Florida - ~ . . _ ~'~i . ~ ~rl " • ti.~ ~ ~ - ~a . Checked By f,' ~~?4~032 ~ . z~ r~ soo~c ~~Ci d'~ 1 s ~ . _ - ~ - ~ . ..r:k.-~~ _ _ ~ _ r. . :