HomeMy WebLinkAbout0773 To ptao~ and contirwiously kap on tM bvildinps now or M+e+ftK situaq on ~id I~nd snd on sll equipn?~M ~nd pN~onally cowr~d by this morq~
with dl p~~nu ther~on p+id in ful4 fin insw~nc~ in ~M uiwl staodsrd policy fam, in • sum app~owd py tM MORTGAGiE. ~nd wind~tam
inwr~ in tM vawl ~andud polity fam, in ~ sum +pproved by the MORTGAGEE, In wch cwnpanY a co^+P~^ies M+~ MORTGAC3EE m+y
dir~ct~ ~nd ~II ik~ uid winditom+ inwarw~ policies on ~oy oi iaid buitd~np~„ ~ny tnMrp~ tha~in a pah the~wf, ln tM ~pprp~t~ swn ~fo«said a :
In ~xpq tMnof, ~MII ca+tain tM ~awl uandard ma~gage~ claus~ or such wF~ clww a tl+~ Mortpspe~ m+y rpuK~, makinp tM bss w~d~~ s~id pol~ _
c~e~, tach ~nd ~vKy. WY~bI~ w s~M MORTGAGEE a itt interest m~y ~ppear. ~nd each and ~veryr svch poliq ~hall b~ promptly +a:9ned u~d delivt~~d to ~
~ny Mld by aid MORTGAGEE a fwths? s~rurity ro ssid morrps~~ debt. and. ~ot las~ ~Mn ~en 1101 days in advu~c~ of tl~ ~xpir~twn of ~+ch policy. ro dt ;
Ifv~r to ~+id MORTGAGEE a ~Kwwal tF~~of, Wpt~M? witA • rece~pt for tM pn.nium of such renew~l; and ~Mr~ ~h+ll be no fir~ w windstam inswu+c~
~ piscyd on any ~f saW b~itdi+~t. s~y iotsr„f therein w pa?t thereof, unleu in ~he form and with th~ loss payabM ss ~fwaaidj ~nd in tl,~ wtM any swn ~
of rtwn~y betomp p~yaW~ vndK wch policy w polki~s said MORTGAGEE sMll Mw tM option to roceiw and apply ths s+me on ~ccouM of th~ lnd~bte~ ~
neu s~cwed Iw~~by w q permlt said MORTGAGORS 1o nteiw and uf~ il or any ps~t thereof fo? other purposes, witlwirt Ihereb/ waivi~q a imp~a- }
inq any puity, li~n a ripht ~x~de~ or by virtw of Mis mortp~e; and in the ~vent ~aid MORTGAGORS sMl) ta ~ny rtason t~il to keep tM a+id pr~+nises w
insured, w f~il b deliver ptomptly ~ny of s~id policies of inwr~nc~ ro s~id MORTGAGEE. o? fail promptiy to pay fully My prtmium tha~for or in any
r~sp~a fsll b pNFam, dixMr~e. uecvt~. eff~ct, complete. comply wirh and abids by this coven+nt, w ~ny put hereof, said MQRTGAGEE may plan +ed
pay fa sud? 4awar~ o~ any put theraof without waiviig w ~ffactinp ~ny optia~, li~n, eqvity, a~pht w~ w by virtut of thli Maty+p~. ~nd tht
'v!f smovM of each ~nd wery such p~yment ahal) be ietinedi~fely dw a~d p~yable ud shall bes~ interest froen th~ dat~ theroof until paid tM rat~ ol
n;n~ pa~ cu+twm pu anrwm snd togett+e? wirh such Interesr ihall ba secured by tM lien of this mwty+pt.
1. To p~rmit. oomrnN or suff~r ra wut~. impairmem a dtteriaarion of taid property w+ny p+~t thereof. ~
S. To p~y ~11 and s&~pular tM cosn, charpea u~d expenses, includirg ~ reaaonable ~rrwney's fee and oosb of sbstr~cts of title. incur.ed o~ paid at
any tirn~ by ~aid MORTGAGEE, Mcauss or in th~ ~va?t of ths failure an the put of tM aid MORTGAGOR to duly, promptly ~nd futly pKform, dischuy~ '
execut~. ~ffatt. oompkt~. cornplr with and ~b~de by exh ~nd every the stipulauoro, agreemenn, conditio~?s, and cownanb of said promistory not~ ~nd ~Fw
mary~ any w aitMr. and aid costs, chuyes and expenses, each and every. sh+lt b~ immedi~t~ly due and pay~bte: whe~he~ or not tMr~ b~ rariu d~
m.nd, Nf~enpt to coll~ct a wit pendingj and tM fvll amount of each and eve.y svch payment shall bear intae~t from ~M d~te tMreof until p~id at th~
reu of nim p~r centwn per ~ruwm; and all said costs, charpes and expenus incvrred or piid. togethe? with such tnNrNl. shall b~ Nwr~d by th~ li~n of Mi~
mortpyw '
6. TMt W in the ~wm of uiy br~ad~ of this Mwtgaye w defavlt on th~ pan of the MORTGAGOR, a(b) ie tM ~vam ~ny of aid w~m of morNy
herein nf~n~d ro b~ not pranptly and fvlly psid within thirty (30) days next after the same sevaally becan~ doe ~nd p~yable. without dansnd w ootit~,
or In th~ ~wnt each ~nd ~very the sNpulatiora ~gr~smenb. cond~tions and coven~nts of sa~d promiuory nm~ and tlus mwtpp~ any or tithe? u~ no1
iuly, promptly and fully pKforrned, d~sch+rqed, executed. effected, compteted, compl]ed with ~nd abided by. tMn in ~itMr a~ny such ~wnt tFw s~id ap~
grey~t~ wm m~ntaned in uid promissay rat~ then rem~ininy unpaid. with infe~est acuued. u+d all moneyt s~cvnd. her~by, aMll b~can~ dw u~d pay~
eb:• forthwith, p tMttaha, at th~ option of said MORTGAGEE, ss fully and completely as if ~II of the said sums of monty wert oripinally stipubted
ro b~ paid on wch day. ~nythlnp in s~id promissory nofe or in this Mwtgsge to fhe conrrary notwi~hsr~ndinpj and tlwwpon a th~r~aftK al fM opfion of
•~~d MOR~~'s/1f3EE, without notic~ or demand, wit at law w io eqvity, therefwe or thsreafte~ be9un, enay be prwscut~d as if ~11 mo~nys saund Mrtby
had matund prior fo ifs (nttifvlion.
TMt in th~ event tMt ~t tM beyinnirg of o~ ~t any rima pending any suit upon t{~is Monyay~, or ro ioncloN h, a fo roform h, or M Mforq
payment Of ~ny d~km Mrwnde~, s~id MORTGAGEE shall apply to the Court having jurisd~ction thereof ior tFa ~ppointm~nt of a Receiw~, wch Cow~ shall
forthwhh appoinf f nceivK of u~ matpaped property all ~nd singula~, includ~ng all ~nd singul~r 1M inoo~n~, profifs, issw! ard r~wtWe~ frpn what~wt
wurc~ dKiwd, tach ~nd ~wry o whith, it beirg ~xpreuly understood, is hereby mo.tgaged as if apecifically set forth and dettribd M thi pruninp and
hab~nd~m davsn henof, u~d suth Reteiver sh+ll Mve sll the broad and effective funct~ons and powers in ~nywi~ entrusted by a Co~H f~ a RsqivN, and
•uch appointmtnt shall bt made bp wch Cowt ~s ~n admitted equity ~nd s mitter of ~bsolute right to s~id MORTGAGEE, and witho~f nfer~ to fl»
•dequ~cy a in~diqwcy of-th~ wlw of tl+e property mort~a9ed w to the wnra+cy or ~nsolvency of said MORTGAGOR a tM defendann. and that wch
ranrs, profits, incorn~, iaucs ~nd revenues shall be applied by such Receiver accord~np to ths lien a puiry of ~aid MORTGAGEE and th~ practia of such
Court.
8. To duly, p~o~~ty .~d tv~y ~?fo.~,, discharge, execute, effect, compkte, comply wirh u+d abida 4y satk.~nd wKY ths stipulatiaa„ aprNnwnta,
condit{ons ~nd covenann in said promisiory note uid this mortyage set fwth. '
9. TMt in th~ ~wnt the ownenhip of the mortgaped premises, o~ any psn thereof, becanes vestd in ~ p~rwn other NNn tlr MORTGAGOR, th~
MORTGAGEE, Fts succ~uws and aui~os, m+y, v~ri~hout norice to the MORiGAOR, deal with such wcusso~ p sucussor ie interest with refK~nce ro this
mortpp~ and tM debf hereby secured in the same msruser as with Mwtgagor without in ~ny way vitiatinp w distFwying the Mott~~pors' (i~bility her~
under w upon tM debt hereby secured. No sale of the premix~ hereby mortgaged and no forbsarance on the pan of tM MORTGAGEE or i» waeswn
or ass+pru u~d no ~xtension of the time fw the psymem of the deb+ hercby secured given by the MORTGAGEE or ib svcteuon or astipns, ~I~all op~rat~
ro rNease, distharp~, modify charge or affect the originst liab~lity of the MORiGAGOR here~n, either in whole or In part.
10. It is specifiully apreed tMt time is of the euence of this contract and tMt no w+ive? of ~ny obl'paYan herw~der w of th~ obliyation sr
rured Mnby shall at any tim~ therc~her be held to be a waiver of the terms hereof a of the instrumem secur~d Mrby.
11. In addition fo fhe forego:ng monfhly psyments of princ:pal as~d interest ~eQuired by the p~omissory nole secwed hereby, rtartyagor town~~b
and agrees fo pay fo mortpayee with each monthly payment an addi~ionai sum est~mated by mortgagee to be equsl to 1/12 of the anrwal cost of fhs fdlow•
ing:
A-All resl property tazes kvied or sssessed agai~st thc above dewibed real estate.
B-Premivms on fire and winditorm insurante as herein requ:red to be carried on the improvemerts situste on ti~e ~bove dtwibed pt~mues.
C-Premiurtu on suth mortgape pwnnty insu?ance as mortgsgee shall from time to time deem fit to carry on tM loan secured hereby.
Mlwtpaqee shall from time to time notify mortgagor in writing of the amount due and payable hereundet a~d iuth wm shall thereupon b~ dw ~nd
~ Fayable on the due date of the next mo~thly payment and each successive month thereafter ur.til mortgsgee shall notify mortgagot of a thanp~ in tuth
` amount. Such svms ahall be ~pplied by mortgagee toward the payment of real property taxes, insurance prem:ums, ~nd mortp~ge yuaranfy insw~ntt
premiumt.
IN WITNESS WHEREOf, th~ aiid MORTGAGOR hss hereunto set his hand and seal ths day u~d yesr f'ust aforesaid.
~~fprnd. Sta • d~ in tM presence o , i
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STATE OF FLORIDA 1
couNnr oF S t_ Luc ie i~
Before nw penon+lly appeared Re~is D_ Trefelner ,r,d
G e ne v i e v e Tr e f e lne r his wife, to me well krawn and known to me to b~ ;
rhe individwb describ~d in and who ~xecvted the fwe9oiny instrumenL and adcrawled9ed before me tMt they exewted tl+e same fa the pwposes ~
therein e:aeu.d. a~d rt~.,,~~ Genevieve S_ Trefelner
W; r~ of ,h. N~a R eg i s D. Tr e f e I n e r - , ~pon • sep~rate ~d privab ~
exam~nstwn by me taken tep+r~te ~nd span from her said husbsnd, aduwwledged ro snd befw~ ms tMt she executed said imtrument freely and volwr ,
rer;ly ~nd withovt any compulsion, cor?itraint, ~pprehe , w feu of or from her said buib~nd.
WITNESS my hand ~nd affici~l s~al thi~~ day of $e tember A. D. 19~_
~ Notary Public iw the State of Florida ~t lu~ j
My Commisi ~xpires: ~
~ Retum Ta. !
~ F~ra F~d S~virgs 3 loin Asiociation Notary Public, ?tate of flond~ at La?g~e ;
Q~,~;p~'~. My Commission Expires Aug. 6, 1967 ~
~~~~~~t Bonded By Am~rian Surety Co. oi N. Y. ~
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; p . - c~ RILED AND RECORDED ~
gT. LUCIE COUNTY. FtA. '
=c°r;' ~~~YARy ;'Z = RECOP.O V=P.IF ~ Q / '
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~'UB , 6 SEP 7 ~ I l : 55 ~
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,,:,FCC~m;,.,:, _
n~` 148218
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CI.ERK CIRCUIT COURT ~
~ ~ _ sooK 154 ~ ~73 `
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