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Home My WebLink About0548 { To pl~c~ ~nd oontimioutly kNp on th~ b~ildiny: now or Mresh~r ~iruat~ on s~id i~nd a on all equipm~nt ~nd p~nonaliy cov~rtd by thi~ mort~ ~ with all pr~m{wns tMr~on p~id in full, fire insursnce in the usual standard polKy form, in~ tum spprov~d by the MORit3AGEE, u+d windttorm k»wanoe in ?h~ uwal st+nd+rd po~~cY fam, in a sum •pp?ov~d by ~F?~ N~ORTGAGEE, in wch company or eompania u tM MOR~GAGEE m+y dirWy ~nd all fin ~nd windrtorm inwrinc~ policie~ on ~hy af ~ird buildinps, ~ny inN~~af tM?ein or pan tMnraf, in tM pqreq~t~ ium afw~said or In ~ztNS tMnof. sh~ll ca+taln tM u~ual ttandard morrqag~e claus~ w such otl+~r tl~us~ ~s th~ Mo?fflayN may reqvin, m~kin9 tM losi und~r ~aid po1E d~s, t~ch ~nd ~wry, p~Yabl~ ro~id MORYGAGEE a~ its intsrat may ~ppsar. ~~d e~ch and 1vHy s~th pol~cy shall b~ promptly aa~~9n~d +nd dttiv~red to ~ny lkld by sa:d MOR7GAGEE as furtMr ~ecurity ro s~W mort~a~e debt, and, not lea ttwn t~n (10) deys in sdv~~ce of the •xp+r+tion of each poliry, to ds- ~iJwr fo wld lNORtGAGEE • nnrw+l tMr~of, taptthtr with • rQC~ip1 fo~ tha pr~rt+ium of such rtnew~l; e~d thar~ ahall be no f~ra or windsrorm iniursnc~ plated on amr of ~k! b~ildiega, ~ny intarrst tMrai~ or p~rt thereof, unlass in the form and wi~h th~ loss peyab~e ~t afor~said; and tn the av~nt sny ium pf moe»y b~cqn~t pay~blt vnd~r ~uch policy w polici~s said MORTGAGfE ~hall haw tFw option !c raceive and apply the same on account of the Ind~bted- Mss f~cur~d Mr~by w fo p~rmit said MORTGAGORS to reteiw and va~ it or e~y part theroof for othcr purposas, witho~l thcreb~ weivi~~y or ~mpair- Mp ~ny ~quify, li~n w riyht unde~ or by virtw of this mortyaqe; •nd in the ~vant ~sid MORTGAGORS ~hall for any reawn fsil to keep the said pnmise~ w G~sw~d, or f~Il to deliver promptly ~ny of sald policiss of insura:~ca to said MORTGAGEE, w fail piomptly to pay fulty any pra~nium iha~efor or in ~ny nspsct fail ro pKfornt, diuharqe, ~xecut~, effett, complete, comply with and +bida by thiY tovanant, w•ny part hareof, said MORTGAGEE may pl~ce end p~y for suth irourant~ or any part thsreof without w~ivinq or affectinp any option, li~n, puiry, or riqht under w by virtw of this Morfpayt, •nd the full ~nwunt of ~ach u+d ~wry wth payment tMll be immediately dw and payabl. and sMll b~ar interast from tF» date thereof vntil paid at the rate ~of nirw pu antum p~r ~nnum and toyether with such interest shafl be sarured by thr lisn of th+i mortyage. 4. To p~rmit, tanmlt or s~ffer no w~at~, Impairment or doterioration of ~aid property w any part thereof. 5. To p~y all s~d sinpulx th~ cosh, eharge~ and expsnses, i~cludinq a reawnable attarney'~ fee and cost~ of •bttrects of title, incurrsd or paid st ~ny tirr~ by wid MORTGAGEE, bacause w in the ~vent of ihe failure on tM part of the said AAORTGAGbR to duly, promptly and fully perform, d'+uherqs, •xecut~, effeN, complete, comply with and •b~de by each and every the atipulations, egreements, conditions, end cownants of said promissory nots end this mortpapa ~~y or eithsr, and raid cosis, chn9es and expemds, esch •nd every, shall ba immrdiatoly due and payable; whether or ~ot there be notice da mand, immpt to tollect w tuil p~nding; end tha full emount of each and every auch payment shall bear int~reat from the date thereof until paid at the rato of nir~e p~r cent~m per annum; and all said costa, charqet and expen~e~ ineurrad or paid, together with such int~~rtt, ahall b~ ~~turad by th~ li~n af thu mat9ap~• 6. That (a) in the event af any bresch of this Mortgaye or defiault on the part of the MORTGAGOR, or (b) in the sv~nt any of ~aid sums of mo~ey Mnln rafaned to be not promptly and futly psid wiThin thirty (30) daya next afrer the seme severally become due and payable, without demand or notice, w(~ in ths ~wnt tach and every the ttipulations, egreamants, condition• and covrnants of iald promiswry note and th~• mortyaqa a~y ur either are nat ~uly, promptly and fully pKformed, discMrged, executed, effected, compl~ted, tomptied w+th and abided by, then in either w sny such ev~nt the i~~d aQ prsq~t~ sum mentioned in taid promiswry note then remaininy unpaid, with interast accrued, and all moneys ucvred hereby, shall become due and pay abl~ forthwith, or thsresftar, at the opt~on of said MORTGAGEE, as fully and completely as if all of the :aid s~ms of money were oriyinally ~tip~~ated ro bs pa~d on •~ch dsy, anythinq in said promiesory ~ote or in this Mortgage to the contrary natwithstandi~q; and theraupon ar thereafter at th. option of ~aid MORTGAGEE, without ~otice w demand, suit at law or in eqvity, therefore or thereafter begun, may be prosacutad a~ if all moneyt iecured heraby Md matursd ptior to its inititutio~. i. That in fhe event ihat iT ths beginning of or at uny time pending any suit uF.on this Mortgaye, or to lwaclose it, or to reform N, or to anforc~ payment of ~ny tlaims herevnder, ~id MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appointment of a Reteivar, such Caurt shell Forthwith ~ppoint s receiver of sai~ mortpaged property ell ond singulsr, intlud~ng all and aingular the incom~, profits, isiuei and revsnues from whatevet •ource derived, sach snd every o which, it being expressly understood, ~s hereby morrgaged as ~f ~peufirally ut forth and destribed In the qr~ntin9 and habtndum clavse~ herwf, and such Receiver shal! have all the broad and effective funct~ons and powers in anywise entrusted by a Gourt tp • Reteiver, and fuch appointment ~hall be mede by ~~ch Court as an admitted equity and a matter of absolute r~ght to raid MOR?GAGEE, and withouf reference to ihs adpvaty o~ inadequacy of the v~lue of the property martgaged or to the sowency or ~nsolvency af :~id MORTGAGOR or the defendants, and rhai such rentt, profiri, income, issues and revenue~ shall be applied by such Receiver according to the lien or equity of aaid MORTGAGEE snd the practice of such COS!(1. 8. To duly, promptly snd ful~y perform, discharge, execute, effect, complete, comply wirh and abide by each end every tha stipulatians, sgreement~, conditioru and wvenants in said promiuory note and this mortgage set forth. 9. That in the evant the ownerahip of the mortgaged premises, or any part 4he~eof, become~ veated in • pecwn other than the MORTGAGOR, the MORTGAG@E, i» successon and asaigns, may, without notice to the MORTGAOR, deal with such euccer~aor w wcceswr in intereit with reference to thi~ mortga9e snd the debl hereby setured in the same manner a: with Mortgagor without in any way ~citietinq or d~schar~ing the Mort9agori liability herr under or vpo~ the debt hereby secured. No saln of the premises hereby mortgaged and no Eorbearance un the pa~t of the MORTGAGEE or its succexsors u assiyns and no aztension of thr time for the payment of the debt hereby secured given by the MORTGAGEE or iti •u<tessors or assigns, ~liall operate Ya releate, di~cherpe, modify change or afifett the original liability of thu MORTGAGOR herei~, either in whole or in part. i0. It I~ specificalfy agrerd that time is of the eaaence of this contrect and that no waiver of sny obligation hereunder or of the obfi~ation se- cured heroby sheil at any time thereafter be held to be a waiver of the termi hereot or of the instrument secured herby. 11. In add~tion to the forego:ng montMy payments of princ'pal and interest req~ired by the promiswry nore secured hereby, mortgagor covenants sn~ aprees to pay to mongagee with each mor.thiy paym~nt an addirional sum estimated by mortgagee ta be equal to 1 j 12 of the annual cost of the follow- ~^8~ A-All real proper*y taxes levied or asaessed agai~st rhe above described real estate. B-Premiums on fire and windstorm inwrance as herein reqv~red to be carried on the improvements situate on the akx+ve described premises. C-Premiums on such mortgage guaronty insurance as mortoagee shall from t~me to time deem fit to carry an the loan secured hereby. Mortgsgee shali from sime to time notify mortgagor in writing of the amount due and payabte hereund~r and such sum shall thereupon be due and payehle on the due date of the next monthly payment and each successive month thereaft~r unti! mortgagee shall notify mortgagor of a change in such amount. Svth sums ehall be applied by mortgagee toward the payment of real property taxes, insurance prem~ums, and mortgage guaranty insuronce premiuma. IN WITTlESS W EOF, the teid MORTGAGOR has hereunto set his hand and seal the day and y~tar first eforesaid. iq~ d, Sreled ds{i~ ~n erxe of: . ~ ~ Seaq _ (Se~l} (S+eai) / ~ (5eal) 1~ STATE OF FLORIDA Saint Lucie ~ ~ courmr oF 6efore me personally appeered F e 1 ix r~ . Mi 11 e r and ~ M~ Z~A Cj M~ - his wife, to me well icnown nnd knawn to me to b~ the individusli desaibed i~ and who axecuted the foreyoing instrument, and acknowledged before me that they executed the same for the purposea r?,a~a~~ eX~~. a,d rt,e seid M{ ldred J M; 1 r ~ wife of ths said Fe l ix A, M~.118Y' upon a separate and private • eAam+nsiio~ by me *aken ssparnte and apart from her said husbend, etknowledged to and before me that she executed said instrument freeiy and vo~urr ~ rarily and without arsy compulsion, constreint, apprehen/sion, or fear of or from her said husband. ~ W1TNE55 my hand and official seal this_ day o A. D. 19_~ _ J - ~ ~ Notety Public in end 4or tha State of Florida at Larg~ ~ My Cornmiuion expires: ~ Return To: , ~ ~ Fint Fedeni Savingi 8 loan Aswciation F~ ,Q, L` R ~`J.~4 ~ Of Fort P~erce. \dA1{ ~Q~~~ YP~~~.~r~ "';~T~ ,f c~C?~~A zt LARG@ `ti~~ , ~.4`J'I.CKi' , ~ , ...=5 t;'?'1. 29, 1908 Fort Pi-rCe, florida ' • ' " ec~r~_r.o . - . ,,._ST~trtORST : . ~ _ ` , = '65 ~i i P'M 2 : 2 2 - . ,:;l-.,.r~r i~~i~~ . ' . . - ROGER PGilR:~5, CLERK . _ _ S7. LUCI~ COUNTY, ~ ~ FLORIDA ~ ' " : ~ . - b R - ; ~ ~r - aooK 127 ~48 . ~ ' , _ d ~ ~ ::,~~~t~ _ _ - - ` S~' iCJ . . _ _ _ _ _ . . _ . - _ _ ~