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To plac~ and conti~uously keep a+ ths bui!d~ngs now a hereafter ~ituate on said ~end and on all equipmant and personally covt~ed by this mwtg~ - p~, with ~II premiums ~hereon pald in full, fire insurance in Ihe usual atendard policy fam, i~ • tum app~oved by ~he MORIGAGEE, and windstorm ~ insuraru~ in IM usual ttandard pol~q (win, in • sum approved by ~ht MORTGAGEE, in such company or ton+p+nies ~s tM MORTGACaEE may dinctj ~nd all firs and winds~orm insurance poticiei on any of said build~ngs, any in~e?est therei~ or part thereof, in tM aggreyate sum afaesaid or in ~xceu lhereoi, sMll cw+tain the uiwl s?andad mortpagee clsuse or such o~ha dau~e as the Matyagee may reqv~re, makir~ tM los~ under sa~d poli- cies, each and every, payab~e to s~id A10RTGAGEE as ~ts interast may appear, end each and every such policy sha{I be promp~ly ass gned a~~d deliverad ~o •ny held by uid MORiGAGEE ~s fur~he~ iecurity to said matysge debt, and, not leu tMn ten (10) dayi I~ advance of the expiretion of each policy, ~o dr livt~ to said MORTGAGEE a.enewal tFxreof, toge~ha with a receipt fa the ptemium of such reoewal; and Ihers shall be no f~re w wi~xlstonn insurance placed on ~ny of said buildings, ~ny lnterest therein w put tMreof, unleu in lhe form and with IM los~ payable as a(oresa~d; and in the event any sum Z of money becomes payabte under fuch polity or policies said MORTGAGEE thall have the option to ~eceive a~~d apply the same on account o1 ~he indeb~ed~ ~ neu secwed hereby w to ~ermit said MORTGAGORS to receive and uie it w any part thereof for o:her purposes, ~v~iho~t Ih_~cu/ wai~i~i~ c~ ~~~~p..i~- ing any equity, lien p rghl under ot by virtw of lhis mo:tgage; and in the eveM ~id MORTGAGORS sha11 fw iny reason (ail to 4eep the :aid premis~~s so ~ in~~~ed, or fail to deliver promptly any of said policiei o) insurance lo said MORTGAGEE, w fail promptly to pay fully any premium ~he~efw a in any ' respetl f~il ro periam, diuharge, eaecute, eifett, comptete, comply with and ab~ds by ?Fus carena~t, or any part hereof, sa~d MORIGAGEE may plsce and pay fp tuch insurance or, any part thereof without waivirq or affectinp any option, lie~, equity, w right under or by virtue of this Mqrtgags, and the fu11 amount of each and every such psyme~t shall be Immediataly dve and payable and shail bear interest from tFa da~e thereof until pa~d at the rare oi nine per centum per annum and together with such intere~t shall tx secured by the lie~ of thif mortyage. 1. To permit, commie or svffer no waste, impairmeM a dete~aration of said property w any part thereof. 5. To pay all and singulsr fhe coita, charges and expenses, includinp a reasonable attwney'~ fee and costs of abstr~cts oi title, incurred w paid at eny time by said MORTGAGfE, becauu or in the evenf of the failure o~ the pa?t o( the said MORTGAGOR to duly, promptly and fully perfo~m, d~xharge. execute, ef(ec4 complete, compty with and ab:de by each and every the itipula~ions, agreements, conditions, and rnvenants of sa~d promiswry ~ote and this ; mwtgage any o~ ei~her, arsd said cosri, charges and expenses, each and every, shall be immediately due and payabte; whether or not there be notice dr mand, atrempt to colled o~ wit pe~ding; and the full amount of each s~d e:•~ry such paymem thall beer iroeresf f~om the date ~hereof until paid at thc rate of nine per centum per annurn; and all said co:fs, charges and expenses inturred or paid, together wdh such interesl, shatl be secured by the lien of this mortyags. 6. That (a) i~ the event of any breach of this Mortgage or default on the pa?f of the MORTGAGJR, w(b) in the evenl any of sa:d sums of money herein referred to be not promptly and fully paid within Ihirty (30) days nea~ af~er the same sevaally become due and payable, without demand w notice, or (cj in the event each and every the stiputations, agreements, conditeons and covenants of said p~omissory note a~d th~s mortgage any or either are not iuly, promptly and fully performed, d~xharged, execu?ed, effected, completed, complied w~tA and ab~ded by, then in e~~her o~ any such eveM the sa~d ag gregate sum mentioned in said promissory notx then remaining unpaid, with interest accrued, and a~l moneys secured hereby, shall become due a~ pay- eble fathwith, a thereafter, at the op~~on of said MORTGAGEE, as tully and completely as if atl of the said sums of money were o+ginally st~pulated to be paid o~ such day, anything in sa:d prom:sswy oote a in this. Mwtgage to fhe contrary notwithsta~ding; and ~herevpon p thnreafter at'Ihe option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore a thereaiter begun, may be prosecu~ed as if all moneys secured hereby , had matured priw to its ins~itution. 7. That in the event that at the beginning of or at any time pending any suit vpon this Mortgage, d to faedose it, w to reform it, or to enlorce payment of any claims hereunder, said MORTGAGEE shall apply to Ihe Court hsving jurisd:ction thereof for the appointment of a Receiver, suth Court shall Forfhvrith appoint a receive~ oF said mortgayed property aIl a~d singular, includ~ng all and singular the income, prof~ts, issues and revenues irom whatever . source derived, each and every of whlch, it being expressly understood, is hereby mor~gaged as if spec~fically set fwth and described in the granting and habendum clauset hereof, and s~ch Receiver shail have alt the lxoad and effeciive funct+ons and powers in anywise envusted by ~ Court to a Receiver, and s~ch appointment shatl be made by such Court as an admitted eqvity and a matter of absolute right to said MORTGAGEE, a~d without reference to the edequacy or inadequaty of the value of the property morlgaged or to the so~vency or insotvency of said MORTGAGOB a the defendan!s, and that su~h rents, profiK, income, issues and revenues shall be app{ied by such Receiver accwding to the lien or equity of said MORiGAGEE and the practice of such Court. 8. To d~ty, promptly and (ully perform, dixharge, execute, effect, mmplete, comply w~th and abide by each s~d every the stipulations, sgreemenri, conditans and covenanrs in said promissory note ard th;s mwtgage set fwth_ 9. That in the event the owne~ship of the mortgaged premises, w any pa?t thereof, becomes vested in a person other than the MORTGAGOR, the h!ORTGAGEE, its successors and asslgns, may, wifF~out notice to the MORTGAOR, deal with such successw a successo. in inrerest with reference to this mo~fgage and the debt hereby secured in tlx same manner as with Mortgagw without in any way ~ritiating o• diuharging the Mortgagori liability here- under or upon the debl hereby sec~red. No sale of tfie Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successors or assigns and no extens~on of fhe time fa the payment of the deb~ hereby secured given by tFx MOR~GAGEE o~ its s~ccessas a ass:gns, ahall operote to release, d~scharge, modify change w af(ect the original Iiability of the MORTGAGOR herein, either in whole a in part. 10. It is spec~fically agreed that time is of the esunce of this contract and thst no waiver o( any obligation hereunder or of the oblgation se- cured hereby shall at any time thereaFter be held to be a waiver of the terms hereof w of the instrument secured herby. 11_ In add~tion to ihe forego:ng monthly payments of princpal and ime.est required by the prom;ssory note secured hereby, mortgagor covenants ; and agrees to pay to mo:tgagee with each mo~thly payment an addnional sum esnmaled by mortgagee to be equal to l/12 of the annual cost of the iollow- ~ ing: A-All real property taxes Ievied or assess~~d agai~st thc above described real estate. B-Premiums on fire and windstorm insurarce as here~n requ~red to be carried on the improveme~is situate on the above described premises. C-Premiums on such mortgage guaranty ir.surar,ce as mo~tgagee shall from t~me to tirne deem fit to carry on the loan secured hereby_ Mortgagee shall from time to t~me norefy mortgagot in writ~ng of the amount due and payable hereunder and such sum shafl thrreuFon be due and ~ payable on the due date of the next month:y payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ~ amount. Such sums shail be applied by mortgagee toward the payment of real propeny taxes, insurance prem:ums, and morigage guaraoty insurance i F~emiums. ; IN WITNESS ~VHEREOF, the said MORTGAGOR has hereunto ut his hand and seal the day and year ferst atwesaid. ~ Signed, Sealed and delivered in the presence ofe aq ~ _ V. NdV8r1'O ~an ~ n~i . sn Elsie Natter Na rro ~~aq STATE ~1~L N•~d ICl~ ~ u SS_ " ~ COUNTY Of _ ~ U~Ol A~ i eefwe me perwnalty appeared JdCk V. _Navarro a~ ~ Blsie Natter Navarro his wife, to me well known ar+d known to me to be ~ the individvals desuibed in and who executed the fwegang instrurt?ent, and acknowledged before me that they executed the same tor the purposes ~ therein expressed. And the said Rlg~g Natsar NnVarYn w~fe of the said .ldCjC V. Navarro upon a separate and private ~ e,caminat~on by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed wid instrument freely and volurn rarily and w~thout any compulsio~, constraint, apprehenson, or fecr of w from her said husband. ~ WITNESS my hand and official seal thi: ~ 1?' day of J A. D. 191~ ~ " ~i~ ~ Notary ublic in and for the State ~at large S . ~:Irltal'.1 .i,.-J My Commission eapires: ~ Return To: I~iO'ar~ P:~h:~ ,r,•; i~ 6~ Di N~/J~it ~ fint Federal Savings 3 loan Association P~O• 7':3 e~^ 33. ~5~~` Of fore Rerce. Q`1~!tG:e~S in ,°,~.tto'• Co~nt~j ~ FoH Fierte. Florida COT'Tt'SS'9n F<:~:°S !~`.][7;1 ~97s f~~E(~~MUXEC~RpEO 3 ~ . Ef_ LUC~E COU1tT1~ f~A, } AGCEP. cOitR~s . N` ti: CLEkI~ ;,I : ~ OURt ' ~ ~ti:. RECOitC VER~ CEp ~ ~ This Instrument Prepared By Ca?ty F. Ellwood J`•. ~ First Federal Savings 8 Loan Association ~ ~ o f F o r t P i e r c e, F l o z i d a 3 3 4 5 0 ~ 2 s 6 P H T 5 ~ : ; _ - . ~ Checked 8 . ~ ~ , •,i ~ (I k ~ /~~i ' ~ . ~ gOCx PAGE 1,F~ ~ dz ,~X y _ _ ~ '~'y ~ ~ ~ _ ~ : - ~ _