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3. To plap ~nd ooMhweu~ly kNp on the 6,ritdinps now or h~rKfttr si~wN on u+d land and on dl equiprcwnt ~ed pKSOnally ~v~rid by M+is r+~orhy~
p~, with rll p?aniums thsrwn p~id i~ fuil, fin lnwran~+ in ?M uwsl standard polity forrn, in •~um appro+nd by tM MORTGACrEE, ~nd ~vindttam
irpww~e in tM uswl ~tandard policy fam, in • sum ~pprowd by th~ MORTGAG~E, in such cun+p~ny a compani~s a tM MORTGAGEE r?wy
dirw:t1 ~nd ~II iin ard wb~d~wrrn inwrN+o~ pdicio~ on ~ny of Ni~ build~, «+y inttr~at th~rfin or pah tMrwf, in tM apqrep~t~ wm ~fwraaW w
In ~xuss tMrwf, d»II c~o~t~in tM wual q~r+dard mwtya9N clavN o? sueh ofhK clavw u tM Movtqagte may requi~~. makinp tM loas undK a+1d pclF
eia. ~ach ~nd ~r~ry, paYabl~ ro s~id MORTGAGEE as iu imar~st rvwy ~pp~a?. and each +nd ~vsry ~uch policy ~h~ll b~ promptly au:yn~d and dNivKet! to
~n~ Mld by s~id MO~tTGAGEE a further aa?rity to ~aid morlpey~ d~bt, and, no~ Is~ tMn t~n (10) d~YS adwr+c~ of th~ •xpfration of tach policy, to dr
(iwc ro iaid MORTGAGEE • r~newal Mw~of, top~thK wiM • r~u~pt tw the pr~mium at ~uch renewal; u~d tF+tr~ ~MII t» no firt or wi~d~wrm I~uvranc~
plac~d on ~ny of iaid buildinps, ~ny int~nst tMrein or part tMrwf, vnl~ss in the form ~nd with tl+~ los~ p~y+bl~ ss ~f,.rrsaid; ~nd In tM t~~nt •ny wm
of moMy bscom~t p~yabl~ und~r such polky o~ po~ici~a wid MORTGAGEE shall Mw tM option to rtcaivs and apply tM s~m~ o~ accovnt of tM i~ebt~d-
n~u ~cured Mr~6y w w p~rn+ir wtd MORTGAGORS 1o r~ceiv+ a~d we if w any pert ~hereof fw other purposes, without the~eby waivin9 or impair-
tnp a~y p~_ity, IiM or right undsr a by virtw of this ~+orty~y~; and in ths ~~ent said MORTGAGORS shaU for any ruwn fail to keap the aid premiiei io
Irovred, or f~ll to d~liwr prarnptly any nf uid policies of iewr~nu to wid MORTGAGEE, or fail promptly to pay fully ~ny premium therefur ar in any
rap~ct f~i! to p~rform, di~~p~. ~~cavt~. ~ff~et, eompl~t~, eomply with aid ~biti~ by thi~ eownant, or any part Furwf, ~afd MORTGAGEE may pl~ee and
paY for sud+ irourann or ~ny p~rt tl+enof withouf w~ivinp w affectinp any option, li~n. ~qulry. w ripht ~ndN or by vinu~ of thi• Mortflaye, and the
full omovnt of ~ach a~d twry such pay~M ~hall b~ immediahly dw ~nd payabl~ and sMtl bsar int~rest from th~ dat~ thereoF ~Mil paid at tM rat~ 01
nin~ p~r untum psr ~nn~m ~nd toy~ther with tuch i~te~eat ~hell be t~eevred by tMt li+n of thi~ martqaq~.
To p~rmit, commit w wff~r no w~st~, impairment w deterioratio~ of sa7d property a eny part thereof.
S. To p~y ~II ae~d ~inp~la~ th~ cosri, cMrpn u~.i expen~ea, includinq i reawn~ble attorney's fae ~nd cost~ of abstracts of title, incurrad or paid at
aey tim~ by said MORTGAGEE, brwwe a in tM ~vent of the failure on the p+rt of the said MORTGAG4R to duly, promptly and fully p+rfwm, d~scharq~,
~xacute, ~ffetf, compl~», comply with and •b~de by ~ach and svery the ~tipulstiona, ~greementa, conditions, ~nd covanants of said promi:sory not~ and thi~
mwtp~ any o? ~itl?~~, +nd said cosri, cFar9~a a~d expenses, e+ch and svery, sh•II be immediately due and paysble; whether w not there be r.otice do-
m~nd, ~ti~rmpt To coll~ct w ~uit p~nding~ and '!+a fvll amaunt of ~ech and every such payment ihall bea~ interest from tM date tharaof until p~id at the
rat~ of nlrn prr cr~tum par ~nnum; ~nd sll ~aid cosh, charpss ~nd exprnses incurr~d w paid, toyether with t~ch int~rwt, sha~l be t~cursd by tM li~n of thu
mortpp~•
6. Th~t in tM ~wnt of any br~ath of this Mortysye or defau~t on the par! of the MORTGAGOR, or (b) in the ~vtnt ~ny of faid ~umt of money
Mr~ln ref~rred tn bs not promptly and futly peid withi~ thirty (3G) days next sfter the same severally betome due and payable, without dem~nd or notic~,
ar (cJ tn ti» wtnt ~ach •nd ewrry iM stip~lations, agreamsnts, condilion~ and covenant~ of sald promiswry note •nd thts mortqaq~ any w rither •r~ not
~uly, promptly ~nd fully p~rfwmed, dischar~ed, ~x~cuted, ~ffected, ton+pleted, complied with •nd abided by, th~n in eitFwr w any ivch ~v~nt the ~aid a~
prpat~ wm rrwntior»d in taid promiuay note thcn remaining unpeid, with imerest a<crued, and a11 moneyf secured. Mreby, ~h~Il become dw ~nd pay-
~bl~ forthwith, or tMreaftsr, ~t tl+~ option of said MORTGAGEE, ~t fvlly and completely •s if e!I of the wid su~++s af mon~y .~~ere oriqin~lly ttipul~ted
to b~ paid an ~uth diy, anythlnq In ~aid promissory note or in this Mortgsge to tha contrary notwithstandinp; end thsreupon or thcreafter at the option of
aid MORTGAGEE, witho~t notic~ or demand, ~vit at ~aw w in equity, therefore or theraafrer begun, may br pro~rcvt~d ai if all moneys cetur~d hereby
I»d matured prlor to its i~stitufion.
7. Th+~t In the ~venf tfiat at the beyinniny of w H any time pending any tuit upon thia Mo~tgsg~, or to forecles~ it, or to reform it, or to enfortt
p~ymeM of rny cl~ims h~rwnder, said MORTGAGEE shell apply to ihe tourt having jurisd]ctian theroof for ths ~ppaintmtrM of ~ Rec~ive~, i~ch Court shall
Forihwkh appoint • r~teiv~~ of tai~l mortpaged property all and tingular, intlud~ng all and eingular the ir.coms, profits, iuuei and revenues from whatevar
wurc~ deriv~d, each •nd vv~ryr o# which, it bein~ ex~ressly understood, is hereby mortgayed a~ if ~peclfically set forth and dascribed in the pr~ntinq and ~
hab~ndum tlautee hersof, ~nd wch Receiver ~hall have all the broad and effecrive funct~ons and powers in anywise entrusted by e Cou:t tp ~ Receiver, and
wch appoiMm~nt sh~ll bie msd~ by ruch Court as en admitted equity and a matttr nf absolute rigM to said MdRTGAGEE, end without referents ro th~
adag~~cy or inad~quacy of th~ valua of the property mortqaged or to the sorvency or ir.solvency of s~~d MORTGAGOR w tha detendann, and thst tuch
r+nts, proftb, income, iuues ~nd r~venuei shall be applied by such Receiver actording to the lien or squity of uid MORTGAGEE ~nd the practiu of tuch
COUrt.
B. To duly, promptly ~nd fully penForm, ditcharfle, execute, effect, complete, camply with and abide by e~ch and evary the stipulstiona, aqrtements,
conditiona •nd cove~~nts in said promltsory note and this mortgage set forth. '
9. That in ihe event the ownership of the mortgayed pre~nises, or any part therrof, becomes vested in e perwn other ihan the MORTGAGOR, the
MORTGAGEE, In tucceuon •nd a:siqm, may, without notice to the MORTGAOR, desl wi~h wch wccessor w wtc~stor in imereq with refennte to thi~
mortgpa ~nd the debt Mreby secured in the same ma~ner as with Morigagor without in any way vitietin9 a discharqiny the Mortqagors' li~bility harr
under or upon iM d~bt hereby secured. No tale of the premises hereby mortgaged end no forbearance on the pen of ths MORTGAGEE or its successars
ot ~ssiqn~ snd no extension of the time for the peyment of the debt hereby seturcd given by the MORTGAGEE or its ~ucceiaor• or estigne, shall operste
to e~l~aa~, diuMr9e, modify changs or afftct the original liability of the MORTGAGOR herein, either in whole or in part.
10. It is spetifiully egreed thst time is of the e3sence of th~s contract and that no wsiver of •ny obligation hePeunder or of the oblipetion sa
cund henby sh~ll at any tirt» thereafter be held to be a waiver of tha terms hereof or of the instrument secured herby.
11. In addition to the fnrego:ng monthly payments cf princ pal ard inserest required by the prom:ssory note aecured hereby, mortgagor tovenant~
and ~grees to pay to mortgaget with eath monthly payment an add~r~onal sum esiimateci by mortgagee to be equsl to 1% 12 of the annual cost of the follow-
iny: -
A-All real property taxes levied or assessed against the above desaibed real estate.
B--Premiums on fire and windstorm insurance as i~erein requ~red to be cerried on the improvement~ situate on the above dsscribed premises.
C-Premiums on such mortgage guaronty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby.
Mortgagee thall from time to time notify mortgagor in writing of the amount due and payab!e hereunder and sucfi sum shall there~pon ba due and
payable on the due date of tha next monthly payment and each successive mcn~h thereafter ur~til mortgnget shal! notify mortga~or of a change in such
amount. 5uch tums shall be sppl~ed by mortgagee toward rhe Faymsnt of real property taxes, in:urence prem;ums, and mortgage guar~nty ins~rance
premium~.
IN WITNE55 WHE{2EOF, tha s~id MORTGAGOR has hereunto set his hand and seal rhe day end y first aforesaid.
Sipn~d, 5 Itd and iv~red in th~ preaence of:
Sesl)
5~~1)
•I)
(Seaq
STATE OF FLORIDA ~
Saint Lucie
couNrr oF
Bafwe ma penanally appeared Re$i8 D. TY'8~81TY8I'_ and
G~ney, eVe S~ Trefelner _ h~s wife, to me well known and known to mt to ba
the individ~als deswibed in and who sxecuted ths forsyoing instrument, end acknowledged before me that they axecuted the aame for the purpoies
rr~?e~n ex,~~.~a. n?,~ tr~..~~d Gonevieve S, TrePelne~
wifs of tha ~aid R 0 g~- ~ D. ~'re f e 1ne r ~ upon e seperete and privet+
ex~mination by me taken ~eparata and apart from her said husband, acknowledged to and before me that ~he executed said in:trument freeiy end volun-
tsrily artd without any com.puliion, ~onstrairtt, appreheeiy~, or fea~ af or from her ~aid husband.
~.G
WIINESS my hand and officiel ~eal this ~ day of _ S8 tember A. D. 14~
~ ~ ~ P~~~ -
Natary Pu ' in and for the State of Florida at Large
R~~pR0E0 My Comm~uion expires:
Return To:
Fir~t F~dan! Saving~ & loan Association F«E •AN ~ ~ ~ K NOtary Publlc, Sta4e of Roride at L'.er~
of Fon P~erce. ~~'j - My Comm~ss~on Expires Au~. 6, 1967
6ond~d By American Sur~i~ ~0, pf ~ Y1
Forr Pierce, Florida
-~~L- '65 Scp 9 PM 3~ l~ ,
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