HomeMy WebLinkAbout0513 To plau and confinuously ke~p on tM buildi~?ps now a 1?K~+ftK sitwt~ on iaid I~nd u+d on all equipment ~nd pKSOna~ly cownd bY ~his mat~
p~, with ~II pr~mivm~ th~rton p+id in (ull, fir~ insu~anc~ in the ~iwl i~andad poticy form, ~n a ium ~pprowd by 1M MORTGAGEE. and wi~tam
inwra~u in tM uswl »u~dard poGcy fam, in ~ wm approv~d by tFw MORTGAGEE; in such company a comp+ni~s a tM MORTGAt3EE may j
diratj and ~il fin ~nd windiro~m iewrMU policies on ~ny of said buitd~rqa, ~ny io~er~at tM.~in w p+r~ therwf, in tF~ ~pqrey~t~ sum afaes~id w ~
in ~auu ~Mr~of, ~MII contain tM wwl ~t~ndud mwt9+9e~ dwse w such whar tlsuw +s tM MortppM m+r nq~w~. m+kinp tM bas w+da+ s+id pdF ~
cia. Nch u~d ~w~y. paY+bk a ~aid MORTGAGEE ~s its interest may appss~, ~nd s+ch u+d ~wry tucA polity ~h+ll b~ pron+ptly ui:~ned and dsllvKed W
any MW by ~aW MORTGAGEE ss iwtha un+rity ro s+id mortpsy~ dtbt. and. not I~u tMn t~n (10) daya tn ~dv~nc~ of ~h~ ~xpi~aYwn of ~ach policy. ro da ;
IivN to uid MORTGAGEE • ra+ewal thereof. iop~dw~ wi~h ~ rec~ipt fw the pnmiwn ot s~ch rMewalj snd d+K~ ~hstl b~ no fin a wind~~am inwrann
pl~ud on u~y of ssid bvild'ugs. ~~y intKett ti~er~~ or p+rt thKeof, ue+ku in th~ forrt+'and with the loa p+Y+b~ u+foni+idr +r+d i~ th~ ~vent ~ny wn+ i
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of mon~y becana paYable u!~r wc~' P°~kY Policies said MORTGAGEE shsll Mw th~ option ro reuiw and apply tM ~+rn~ on +coovnt o~ ~h~ ind~bted~
nefs Ncyr~d henby a to pKmit said MORTGAGORS ro receiw and use it p any parf thtreof (d othe~ purposei, without the~eb/ waiving w impair-
lrg ~ny p,i;ty, li~n a ri~h~ u~de~ o~ by virtw of thn morspage; •nd in ~M .ve~~ ~+~d 1NORTGAGORS sh+ll fw •ny n+wn fail ro kesp ~M uid p.emise~ so
insured, w f~il W d~liver promptly any of said polities of insunncs to said MORTGAGEE. a fail promptFy ro pay fully any pr~miwn therefw w in any
r~sp~ct fail b perfoan, diuhu9e, execute, ~i(act, complet~, comply with ~nd asids by this covenant, a~ny put Iwrwf, ssid MORTGAGEE m+y plap and ,
paY for wch inav~ae~ w ~ny p~h tM.eof w~rhout wslvin~ w ~ffadinp ~ny option, li~n, pvity. a riph~ under a by vinw of tMs Mortpape. aod tM
full arnount of e~ch and w~ry ~ucA p+Yoxnt sl+all be immediatdy du~ and p~ysbl~ and sh+ll bear Intereit from t!w dat~ therwf u~til paid a~ th~ rN~ ot {
nin~ pM unwm pN ~nnum ~nd togethe~ with ~uch in~erest shall be secwed by th~ lien of thia mortpape.
1. To p~tenit, oommit w sufitr no wsit~, impairment or deterioration of said propKry or +ny p+rt tMreof•
S. To pay ~II N+d sinpular tlw.cosM, cMrpes +nd ezpenx~, ie~cludi~p a reasonsble attorney's fe~ and wsts of ~bstracts of titls, kKUn~d o~ p+1d ~
any t~ by said MORTGAGfE, b~caus~ w in the event of the failure on the p~N of ths said MORTGAGOR to du~y, pranptly and fvly pe~fwm, dischuyR S
•xscvt~. ~ff~ct. aompkt~. wmply with and ~bide by ~ach and every tM st~p~lations. +p~eemcn». conditiau. ~nd cown.nn of said promiuory nw• •nd ~hi~ f
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mortyap~ u+y w eithe~. and sa7d cosn. chuqei and e,cpernes. e+ch and ~very, sMll b~ immedi~tely dw snd pay~bl~; whetl+e? a not rMn b~ no~Ke da i
m~nd, att~mpt to colkcl or wit pendinp; and tM full ~nount of each and every wch payment ahall b~a. interes~ from ~he dat~ tMreof ~ntil p~id ~t the !
rate oi nine psr centum per ~mwm; and ~II said cbsrs, chugea and expenses incwred or psid, top~ther with such inta~st, sh~ll b~ setur~d by tM litn of thif ?
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a, ihal (~1 in tlw evenf of a+y breach oi tha Mortys~e or deFsvlt on th~ p~rt of the MORTGAGOR, a(b) in tM ~vent ~ny of a~d tums of money {
hercin r~fsrred to b~ not promplly and folly p~id within thirfy (30) days next sftc~ the same severatly become due ~nd p+yabl~, witho~t uem~nd o? notite,
or (V in the wNU ~+ch and every the stipulations, sgresments, conditans and coven+ms of ss~d promissory note ~nd this morty~ps any a ~ithe~ u~ eo1 `
~uly, promptly and fu11y pafwm~d. d~sch~rped, execu~ad, effected, completed. complrcd with u+d ati~ded by, tMn in e~ther a~ny such event tM said aQ ;
pre9,~t~ wm m~ntion~d in said promiuory not~ then remaining unpaid, with imerest acvued, and all moneys secured her~by, sMll bacome dw and p~y-
able foithwitFy w theresfter, st the option of said MORTGAGEE, as fully and completely as if ~II of ~he said sums of mor»y were orginally atipulated ~
to be paid on such day, anythiny in ss;d promissory ~ote or in this Mwtgage to the contnry notw~tM~anding; and thereupon or thereafte~ a~ tM option of '
said MORTGAGEE, witFaut notice or demand, svit +t law or in equity, there(we or there+fter beyun, may be prosecuted u lf all ma~eys sac~red hereby ~
i
had marwed prar to ia i+?stir~~ion.
7, That in ths ~veni that at the beginning of w st any time perding soy tvit upon this Mortgsge, or to foreclos~ it, or to refwm it, or fo enforp ;
payment of any daims Ixreunder, said MORTGAGEE sh~ll apply to the Court havi~g jur~sdrction thereol ~or the eppou+tm~nt of a Receive~, such Coun ih+ll ;
fwtFiwith ~FpoiM a receiver of said mortgaged {xoperty all ~nd iu+gula~, includmg all and singular the income, profits, issues and revcnues from what~ver '
sourp derived, each and every of which, it beiny exp?essly untkrstood, ia hercby mortgaged as if spetifically set fath and desuibed in the ~rantinp and
habendwn dauses hereof, ~nd such Receiver shall Mve ~II t1~e brosd and effective functions and powers i~ anywise entr~sted by a Ca?rt to • Receiver, and
tuch sppointment shall be made by suth Court ~s an admitted eqvity and a matter of ~bsolute rght to said MORTGAGEE, ~nd without reference to ths
adequacy or i~+deqwcy of the v~lue of the pfoperty mortgaged or Io the sotvency w i~solvency of said MORTGAGOR or the defendanr., ~nd that tuch
renrs, profin, income, iu~es and revenues sMll be ~pplied by such Receiver accordiny ~o the li~n or equiry of said MORTGAGEE and the pr~ctice of such
Court.
8. To d~ly, panptly and fully pKform, ~uMr9e, e:ecute, eifect, cornplcte, comply with s~d abide by each and every the stiputata% agreementa,
cor.ditaru u+d covenants in saed promissory ewte and this mortgsge set fwth.
9. That in the event the ownership of the mortgaycd premises, a any part thereof, becomes vested in a penon other than tl~e MORTGAGOR, th~
MORTGAGEE, ib succeuors snd assi~ns, may, without ~otice to the MORTGAOR, deal with such uxceswr w svccessor in iMerest with refere~ce ro this
malgage and the debl hereby aecured in the aune mannet as with Mortgagd without in any wsy vitiatinp p diuh~rginp the Matgago~s' lisbility herF
undm or upon 1he debt hereby secvred. No ssk of the Frcmius hercby mwtgsged and no forbeer~nce on the put of the MORTGAGEE w its successors
or assigro ~nd ra extension of the time (w the payment of the deb~ Inreby securcd given by the MORiGAGEE w its urccessors or assi~ns, sMll operab
to release, discMr~e, modify cha?ge a+ffect the org~nal liability of the MORTGAGOR herein, eithn in whole or in p~rt.
10. It is specifically agreed that time is of the essence of rh~s contr~d snd thst no wsiver of any oblg~tion hereund~r or of the oblipstan ~e-
n,red hereby shall at any time thercafter be held to be ~ waiver of the terms hereof or of the instrument setwed ixrby.
11. In add~tion to the forego'ng monthly paymems of prinCpDl and imerest requ~red by the prom~ssory ~ore secured hereby, mort9agw covenaros ~
and agrees to pay to mor~yagee with esch mooth~y paymcnt an add~rional sum es~~mated by mortgagee to be equat ro 1/12 ot the anoual cost of the follow-
i ing: 1
~ A-All real property taxes (evied a assessed against the above described real estate.
B-Premiums on fire and windstwm insurance as here~n requ~red to be carried on the improvements sitwte on the sbove described premises.
~ G-Premiums on such mortgage gwranty i~surance as mortgsgee shsll from t~me to time deem fit to csrry on the loan secured hereby.
~ JNottgagee shall from time to time notify mortgago? in writing of the amount due and psysble hereu~der and such sum shall thereupon be dve and
payabk on the dve date of the ne:t monthly paymem and exh successive month theresfter urtil mortgsgee shall ratiiy mortgsgor of a cha~e in wch
amouot. Such sums shall be spplied by mo?tgsgee towa~d the paymem of real property tsaes, i~?s~rance prem:~ms, and mortgage guaranty insurance
a premiwns. i
~ IN WRNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hand and sesl the day ~nd year f'ust ~faesaid. ;
Siynd, led ~nd livered in the presence of: . ~
•n
a0
0
n
STATE Of FLORIDA ~
St. Lucie ~
courm oF
Befo?e m~ p~rsonslly sppearcd R e R i a D. T re f e ln e r
G en e v i e v e T re f e 1 n e r his w;fe, to me well known and known to me to b~ ~
the tndividwb described in ~nd who ~:ec~ted the foregoinp instrument, and acknowledged befwe ms that thep executed the ssme for tF» p~rpwes ~
,n~,~~, .~~.~,~a. A„d th, w:d - Genevieve S. Trefe lner ~
w;fe or th. Regi 4 D. Trefelner „P,,, ,,~,.,,e a;~„t.
ex~mination by me taken sepsrate and apart from her said husband, acknowledged to end before rr~e that shs e:ec~ted s+id instrument heely and volwr
~ terily and without ~rqr canpul:ion, canuaint, apprehens~a~n, feu of or fram her said husband.
~ WITNESS my Fand ~nd offici~l ~eal tF~i: d~y of Ma rch A. D. 19
~
~ Notary Pu in and fw the Stat~ of florida at Larp~
My ion ~:pires:
Retum Ta
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Commis~i n ExpiresA
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= r. ST. LUCIE COUNTY. . ~1.;^;_ .•'.c:_:
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