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To place and continuous~y k•rep on t1~e bui;d~ngs now w he~saf~tr s~~v~t~ on said ~u+d ~nd on atf ~y~;p..woe .~d per•o.~auy co~.~ed by ~hs• mo.rq~ p~, with a!1 prem~vmt Me.con pu.d ;n fuil, hre ins~rance ~o thc wual ~~sndsrd poticy (o~m; in • wm approvrd by 1he MORiGAGEE, and w~nd~tam insuranc~ in tM u~ual s~~nda~d pot:cy foi~n, in ~ a~m •pp~o.ed by tM MORiGAGEE, in s~ch con+Pa~y a canpan~as ai Ihe MORTGAGEE may d'utt1; ~od all tira a~~d w~ndatorm insursnce polK~es on any o) ~aid build+nQs, My intere~t therein o~ pan lhereoi, in ~he ~qg~e9~~e sum ataesaid a in ~xces~ ~hereof, shall con~a~n the usval ~~andard mo~~gaye~ dause a iuch other ctaus~ ~s d+~ Mw~9agee rtuy reqwr~, m~?inp ~he iots unde~ u~d polF cNS, each and evcry, parab~e to sa~d INORTGAGEE ~s ~ts in~e~rs? may appear, ~nd each and every svch poi+cy shall be prompUy ass-yned a~d de~ivercd ~o ~ny held by iaid MORTGAGEE as (w~her ~zturity ~o u~d mortgage debt, and, not lefi than le~ (10) dayf in advance o) ~he expi~atio~ ol each polity, to dr liwr to said MORTGAGEE a ~rxwal thereof, toge~hK with a receipt fw Ihe ptpmium of ~uch renewal; and ~he~a sFwtl be no f~re or wi~~dsrorm insurance pl~c~d on any oi sa~d buildings, •ny i~uerest therein or pa.t the~cof, unless in tl+e form and with ths loss p~yable a~ a(ore:aid; a~d in the even~ sny sum of money become~ payab!e under such policy a poGciea teid MORiGAGEE shall have ~he option to receive and apply tFx same on accoum ot the indebted- ~eu lecured her~by o~ to permit said. MORTGAGORS fo teceive and use it p any part thereof tor orhrr purF-asrs, v~~thout th~rrur wai+ing or unpair 7ng ~ny equ~ty, lien a right undcr or by virtue of this mo:'gage; and in the evenl sa~d MORTGAGpRS shatl ta any reason (ail to ketp the said premis=a so insur~d, or (aiI to del~ve~ pron.ptly ~nY of said polKies ol insu~ance to sa~d MORiGAGEE, or fai! promptly to pay 1ulty any pre~niu~n thereior w in any respM fsil ro per(orm, d+scharge, execure, effect, con~plete, canply wi~h and ab~de by ~his covenant, w a~y part hercof, aa~d MGRTGAGEE may place a~~ pay lor such insurance or any part the~eof wi~hout waiving or aifecting a~y option, lien, equity, or Nyht u~der o~ by virtue of this blwtgage, and the fuU ~mount of eacA and every such payment shatl be immediately due and pryable and shall bea~ inte~eu fiom ~ha data thereof until paid at ~he ra~e oi nine per cemum pe~ annum and ~oge~her vvith such in~rrest shaN be secured by fhe lien of Ihia mortgage. 1. To permit, commit or sufter no waite, impairment ot deterioration of aaid p~operty or any part the~eof. 5. To pay all and singvlar the coats, char9es and expenses, i~ctuding a ~easonable .attorney i fee and costs of ab~~ratts of titte, incurred or pa~d at any time by said MORTGAGEE, because w in the event of fhe failure on 1he paa~ of the said MORTGAGOR Io duly, p~omp~ly and fully perForm, d~xhsrge. execute, ei(ett, tomplete, comply w~th and ab:de by each and every the stipulanons, agreements, crndit~ons, and covenants of said prpnissory note a~d thii mortgage any or eithe~, and said :osrs, charges and expenses, each and every, shail be immed~atety due and payable; whe~he? p no! there be notice dr~ mand, atlempt 1o toUect or suit pending; and the full amount of each and every such payme~t shall bea~ interest from the date thereof until paid at Ihe rate oi nine per crntum par anu~:n; and all said wsts, charges and expenses encurred w paid, together wJh such interest, shall be iecured by the iieo of fhit mort9aga b. Thai (a? in the event of any bieach of this Mwtgage or default on the part of the MORTGAGOR, w(b) in the event any of said sums of money herein rofe~red ro be not prompt{y and futly pafd wi~h;n thirty (30) days next after the same severa~ly become due and payabfe, withou~ demand or no~ice, or (t) in thr event each and evary the stipufasionz, agreements, cond+rions and covenanty of sa.d p~omissoiy note and th~s morlgage any or either are not ~uly, promptly and fully per(onned, d~scharged, exe:utad, eifected, completed, complied with and abided `ay, then in ei~her or any such event the sa~d ag gregate sum mentioned in said promisso?y note then remaining unpa~d, with interest accrued, and alt moneys secured hereby, shall become due and pay- able forrhwifh, a thereafter, at the eption of seid MORiGAGEE, as fully and comptetely as if all of the said sums of mo~ey we~e originally stipulated to be pa~d on s~th day, anything in sa:d prom~ssory note o~ in this Mutgage fo the contrary notwithstanding; and thereupon or thereafter at ihe op~ion of said MORTGAGEE, without ror~ce or demand, suit at ~aw or en equity, therefore w 11~ereaiter begury may be prosecuted as if all moneys secured hereby ~ had matured pnor to ~ts instituuon. 7. That in the event that at the beginn~ng of w at any time pending any suit upon this Mortgage, or to foreclose it, or to refam it, o? to enforce payment of any tlaims hereunder, said MORTGAGEf shai! apply to tFie Cour~ havirtg tu~isdittion thereof for the appointment of a Receiver, such Courf shall iorthwith appoint a rece~ver of said mortgaged property all and singular, in~lud~ng all and s~ngular 1he intome, profits, issues and revenues from whatever so~rce derived, each and eve~y of wh~ch, it being expressly understood, is hereby mortgaged as if speuficatly set forth and described i~ fhe granting and 1~abendum c:auses hereof, and s~ch Rxeiver shall have all ti~e broad and effective funct~ons and powers in anywise entrusted by a Gqy~t to a Receivee, and s::ch appointment shall be made by such Court as an admifted equ~ty and a maner of absolute right to said MORTGAGEE, and withou~ reference to fhe adeyuacy a inadequacy of the vat~e of the pfoperty mortgaqed or to the savency or insoiventy of said MORTGAGOR or the defendants, a~d that such renis, profits, income, issues and revenues shall be applied by s~ch Receiver atcording to the lien w equity of uid N10RTGAGEE and the praclice of such CouA. ' - 8. To duty, prompt:y and futly perform, d~;charge, exxute, effecr, mmplere, comply w+th and abide by each and every the stipvlations, agreements, conditions and covenants in sa~d promissory note and this mortgage set fonh. 9. That in the eve~t thc ow~ership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the h10RTGAGEE, its successors and ass~gns, may, without notice to the MORTGAOR, deat with such successw p successor in interest wi~h ~eference to this mortgage and the deu~ here6y secured in the same manner as with Morrgagor wiihout in any way vitiating or dixharging the Mwtgagors' tiability FKre- under or upon the deb~ he~eby secured. No saie of the premises hereby mortga9ed ar.d no forbearance on the part of the MORTGAGEE or its sutcessors or assigns and no exrension of rhe time ior ~he payment of ~he debf hereby secured given by the MORTGAGEE or its successws or au;gna, ahall operate to release, d~scharge, modify change or affeU the original liabil~ty of the MORiGAGOR herein, either in whole or in part. 10. It is specifically agfeed that time ~s of the essence of this contracl and that no waiver of any obligation hereunder w of the obligaYwn se- cured hereby shail at any lime thereafter be held to be a waiver of the terms heaeof or ot !he instrument secured herby. 1 t. In add~rioa ro rhe forego ng monthly payments of prir:c'pal and int~~est requhed by the prom~ssory no!e secured hereby, mortgagor covenants and ag~ees to pay to mo:tgagee v~rirh each monthEy payrnent an add~~~onal sum est~n,ated by mortgagee to be eq~al to 1,`12 of the annual cost of the follow- ir.g: . A-Ail real prpperty taxrs lev~ed or assessed agai•,st thc above desaibed real estate. • B-Prem~ums on fi~e and windsto:n, insurar.ce as hereirt requ;red to be carried on the improveme~ts situate on thc above d=scribed premises. C-Premiums on wch m~rtg;ge guaranty insura~~ce as mortgagee sha{I.from t~me ro time deem fit to carry oo the loan secured hereby. Matgagee shaEl from time to time notify mortgagor in writing of the amount due and payabte hereunder and such sum shalt ihere~pon be due and ' cayable on the due dale of the next monih;y payment and each Successive month ihereaft_r ur,til mortgagee shall ~otify mortgagor of a change in Suth a~^.ount. Such sums sF.a:i be app;ied by mortgagee toward the payment of real property taxes, insurante prem:ums, a~~d morigage guaranty i~surance ~ ~ emiums. !N lY1TNE55 YlH~REOF, the said MORTGAGOR has F.ereunto set his hand and seal the day and year first aforewid. ~ Signed, Sealed a:~d det~ver ~ n the presence of: - , a4 ~ G~/ ' ~ ~ • n Sesi) " _ ts~n _ DozoLh E LOn ~a~~ ; STATE OF FLORIDA / i COUNTY OF $t. Lucie ~ 1 ~ Before me perscnally appeared `~OS~h p• I•ong a~ ~ noruthy E• T.pIIQ his wife, to me well known and known to me to be i rhe indrvidvats described in and who axecu~ed the fwegoing instrument, and acknowledged betwe me fhat they executed the same (or the pu?poses ' therein expressed. And the said ~rOthy E. Long ' wlfe of the said `JOS~b P• LOn9 . upon a separate and private ; esami~at~o~. by me taken separate and apart irom her said husband, acknowledged to and before me that she executed said inatru~nent freel~ and volun- tarily and w~thout any cornpulsion, tonstraint, apprehe ion fear of or her~faid husband, ' ( WITtVESS my hand and officla! seal this_y o uf Ma rch ' ~q, q~ ' - - otary P~btic in and fw the $tate Fbrida r~ ~ _ ' ' My Commissio~ expire ~roa~4aitsF ~ ; Return To: \ ~A~ C,~ t ~ First Federal Savings d. toan Assoc'eat~on AIY ~08~IM~SS{ON~(~tF~& DE L9. ~ ~ Of- Fort P:er~z. Bonded Thru Gcneral~suqnce TlaEerriJ`ib: ~ for: Pierce. Florida ~~O~Q ~ ~ - ~ 9 JS . ~i~n~ r . , •r ~ ~J' y~ V~ ~ '~~~~~/I~. PrK ~•N - . This Instrument Prepared By J02uf W. Collins f~LfD AMD RECORDlp i ~ First Federal Savin s& loan Association ST.I,U~tE COUMTY F~A. 9 tiOCER ?OiTRA$ ~ of For! Pierce ~ RlOZida CIERK CtRCU1T COURT ~ RECORO VERsF~Ep..~.~,~. Checked By R ~ M~t 10 3 s~ PM'~3 a~~K ~1~ PacE z~ ~ . ks ~ ; i i v~{,. - - - - - _ : , ~