HomeMy WebLinkAbout0693 3. Ta P~+n and cvntinuou~h? kMP on 4ti buildinps ~ww o~ Me~a~nr ~itu~t~ on ~a4! 4rid snd p~ ~Il puipnNM ~nd p~rsa~~llr cori~~d bl? thi+ Ma~¢
.v~ w~~h ~11 w~v~ d~na+ pud ~o•fu14 tih ie~w+nu iw tM uaual ~~~dard pol'~ fo~~, in l..~wR.~PP~~ b11 t~ MpRTGAGEE..~nd wi~dtform 1
kuwar~ ie .NN uw~l ~and~rd pol~ey fo~!n. in • swn ~pprewd . by ~M MORi~r/1GEE. M~ wch. canpa~Y ~M~a a~ ~M ~ M4RTWI~EE m+Y
dlrcch a11 (tr~ and ~ wM~dMOnn inwryno~ Peliws an any. 01 srid bw~~^0~. ~M? Inet?~11 ~lyt~in ot i~? fMnof,~ in tM p~p+~s wn? ~fpn~id or
a, u~e..s the~~.ef. .h.H,oonwn th. ~ww~•at~ndxd ~na~o+p~;dww o. wtb.whu flauN.~s YM.~Aa1p~ltrMk ~tw~. ~"~lw tM lw~ wnd•+ ~a~d po1~
cies, tach.and~v~ry.~P+Y~bli 1o said MORIGAGEE as ib intenat nwy app~M, and Nch M~d w+HY. MKb.pol~h?•~M~~.b+1 ManPt~Y Nwp~Md ~^d d~~iYu~d to
eny M~d by wtd NpRTG/1GEE as fwd+K secvnty to ~id matpay~ debt._ and, no1 less tl~s t~n (10) days u? +dvanc~ o~ N+~ ~xpk+Yan of Nch pol'~ty. fo dN
IiJer lo's{€d/~Oq
1GA~'sf~ • ~~wsl fl~t~eof Io~tMf with ~a NeaRt foi 1h~ pr~e?iwn of`wth r~w~l~ ~rd tMn ~h+ll b~ no fin a wlndttwm inwr+ne~
plsc«! ori ~y o1' u~d build`aps, 'u?y Interb~ flwMin bi pirt'fh~ieoi, unl~u 1? tM M?m uid wiM~tM lots payabl~ a ato~a+Nlr +ed i~-~M rv~M +h$ wn+
af ,noryy bKOmw~p~lyi w~d~r wch poliey or po~ieiws s+id MORTGAGEE shall Mw th~ option ro no~iw ar+d ~pply tM ~ a? +aooum of tM ind~bted-
ness sKw~d.1~M~by On~o•petw~it i+id MORTGAC~ORS to s~aiw Md w~ k or saY W?t tlwsof_•for .a1ht~ :P~+?pe~M. wi~iw.:lt thu~b/ wal~iq~. o~.'~P+u.
ing any pvifl/ Ijert o~. rip1?1 ~~de? o~ by vlrtv~ of this mortya9r a~d ie tM ~vent aid MORTGAGORS sMtl fa any r~awn f~il ro kKp tM wid p~~misa w
insur~d, or fai~ W d~livN pcanptlr any of said polieie~ o} iiuw~nei ro ~aid MORTGAGfE~ o~ fail promptly to par fully ~Mr pn.niuen thK~fo? a in anr
pe~t fajl b wtth'~+d abjdk by N~h tartniet'. oi"alMy p~1 FNndf. ~aW /dIORTGAGEE•t~+~Y P~~a ~nd ~
ros p~tfpm, dxha~l, elact~t~; ~ffeEt. tompl~t~: oomP~Y ~
paY fd su~,l~wrarK! Qr ~Y ~ the~t~ wilhoul waivinp or affKtii+p snY o~tiwti~ ~IM. ~eWHY% of NQ111'tR~ o?'by ~i~hl~ of 1Ns Moltqp~. and NN
fuu .naunf of :•cK :ed warir wd+ wr~^> >1~.I~~b. ~minedFsr+y du..nd P~y~w. =.na .tutl bar int~r~st fran ih~ d+r.~tMnof untH p.w at thi ?~t. ot
n~ne p~r c~iikm pir alw~uin ind topetA¢r with iuch inferest `ih+fl b~ ~s~tund by tM lia~ of fN~ irio'ttqapr: " .
4. .TO pNefit~ oommit or wffer po wut~. imp+uenent or ckteriorstioq of said property or any p~rt tiknof.
S. To p~y ~~1 and wgvlu ~~cost~, iFwO~s ~nd expqrN.,iocludinp a nasomWa.attanRy's.fN ~nd coq~ of abftr~cu of tit4. ir.~wrr~d.a. Wid st
eny tims by ~+Id MORTC~AGEE, b~uvss.w~kl the went of t!N failute m tM=part of IM s+id Al10RTGA60R to duly, p.o~h .r+a ~,nr-~.fa~,.:d~++ro~,
execute, sffsd, oomplet~, tort~plr w~th and •bide bp •ach and •very th~ sripulatiorw apr.~nts. aonditiar». a+d oown+nl~ of uid praniswry not~ ~nd thu
~r.ort9a9e any o? ei~l~er. u~d said costs chupa and ezpenset, each and tvery. ~h+ll b~ tmn~diat~ly dw uid payably wMtM~ or eot tMn b~ no~io~ dr
~,and. •t~empr ro ooflscr w su» p.nd~npr •nd ~M f~tl amount of each and ~w.y wd+ p+r~nt ~h+Il b~t in»?a~ from th~ dat~ th~noF until p+td at ~M
rafe of nin~ pe? centvm per an~xmy and +11 said oosts, thsr~es ~nd exp~nsas ina+rr~d or p+id, rop~tlwr with wcli MfKNt. ~haN b~ Na+nd by tM li~n of tha
mortya~. -
6. That (s) in the eveM of any btsach of this Mat9~ o? defwlt on tlr put of the MORTGAGOR, o~ (b) In tM ~wot any of s~id we» of nwMY
herein refa~~d to be no~ •pranptfy and fully paid within thirty (30) days next aRet ihi unN'!iw?ally b~com~ du~ ~nd payaW~, withovt d~mand w notiu.
or (c) in tl~ eveM ~sd~ and ewry the sNpvlatw~r, ~gnemw~n, eonditwns and covrn~nri of w~d pron~isw~Y not~ w~d thl~ nwrtpp~ ~ny o~ ~ith~r an nol
iuly, pto~npNY and fully performed, diuMryed, ezea?ted, ~ffM~d. compbted. c~omplied with and ati~ded ry, tFw~ in ~ithM or ~M? wth ~wnt tM said aP
gregate wm ment'aned in said promissory note then ramaininp vnpaid, with imer~sl ~ctrwd, and all monty~ Mtut~O.:' :y~bY. ~MI) b~oonw dw ~nd p~y~
eble fathwith, Of 1FIffNffK. ~t tM option of ~aid MORiGAGEE, as fully and canplNely aa if ~11 of tF+~ said tu~s of morny vwh orptn~lly ttipulat~d
ro be ps~d on such day, anythiny in sa~d prom~uory note or tn thb Mort~ape to the connuy notwithstand'upt ~nd th~nupon w Nwn~hM at the option of
se~d MORTGAGEE, withovt no~ice a dem+nd, wit at law w in equity, ther~fore a tMreafter Mpun, mar M pe~owaut~d a if all moMy~ wound h~rtb~r
had manx~d prar to in i~atitWion. '
7. That In the event thst ~t tM b~ginnirg of or ~t any time pendirg sny wit upon thts _Mottpy~, or to lohdoq M, or to nfam h, o~ to u+fae~
payment of any da'~ms hercunde?, said MORTGAGEE sMll apply ro tl+e toun M~irg rvr~sd~c?wn ~h...of fa rM .ppan~m.nr of • R.cdv.r, wch Cowt shall
forthwith appoint a nceiver of sa~ mwt9aged property ~II u?d sirg~~~r, includmp all and sinpular tM incan~, pof~t~: iaw~ u~d nwnws from wMt~vN
:ource darived, each ~nd ~very wli~ch, it beinp expreuy und~r:tood, is htreby mort9+yed +s if ~paifiully Nt forth ~nd dwuib~d M thi ~r~ntinp ~nd
hebendum d~uses hereof, u+d such Receiver sMll have ~II the boad and effectiw f~ncf~ons ~nd pow~rs in ~nywlt~ ~nKUtt~d by ~ Coun tp • R~aiva. and
such appointment shatl b~ made by wch Court as an ~dmitted eq~ity and a m+tt~r of absolut~ ripAt fo wid MORTGAGEE, ~nd witAout nf~nna fo tM
adequacy or insdequacy of the vslw of the property matya9ed w to tl» sohancy a insolvency of uid MORTGAGOR or tM d~f~ndants, ~nd tMt such
re~n, profin, inc«ne, issues and revenues shall b~ applied by sud+ Rsoeiver xcordinp ro th~ li~n or pvlty of uid MpRTGAGEE M+d tM praetia of such
Court.
8. To duly, promptly and fvlly psrform, discharp~, execute, effect, complet~, canply with and aWd~ by wch ~nd ~wty th~ sNpulatioru, prNnNnta,
condit'aro and coven~nts in said promissory note and this mortpspe set forth. ' . .
9. Th~t in rhs went the ovvnership of ths morrgaped pramises, w ariy psrt M~rwf, beaomn wstd in • p~aon otMr M~n tM MORTGA~iOR, tl+~
~v10RTGAGEE, its s~ccessas and aug~s, m+y, wi~hout notice to the MORiGAOR, ded with such wtt~t~w or waNta in G+tKat with nf~rw~a to thb
mortgsqe and the tkbt hereby secured in tM same msnner a~ with Mortgapor witlavt in any way vitiatirg a diKhupinp tM Mort9apor~' Ii~bility INr?
under or upon the debt hereby secvred. Pb ale of tht premises hercby mortysped ~nd no forb~ar~no~ on tM put of tM MORTGAGEE or tt~ suae~wrs
or assigrn and no extension of the time fw the payment of the debt hereby secvred giwn by the. MORTGAGEE a its ~ucauon a auipns, ah~ll opaat~
to release, disd+arye, modify change or affect the wigin~l liab~lity of ti~e MORTGAGOR heriu4 ~ither in wlwb w In put.
10. It is specifically agrced that Yune is of tM essence of this contwct.~nd th~t no waiwr of aMr oblipaYan Mnw+d~r or of th~ oblipation ~r
cured hereby sfi~ll at any time thereafter be held to be a waiver of the termt henof or of tM inattwrnnt wwr~d hKby.
11. In addition to the fwego:ng monihlY paYments of princ:pal and interest ~pvu~d by the promiaory ~ot~ s~cur~d hereby, mortQagor aown~nb
~ and agrees to pay to mortgagee with each monthly psyment an additional sum estim~ted by mortg~ge~ to b~ pual !O 1/14 of tM ann~d cost of fhs follow-
ing: .
A-All real property taxes kvied a auessed against the above described real estate.
B-P~emiums on fire and windstorm i~uurance as herein requ~~ed fo be urried on the improvemMf~ situat~ On tl+~ ~bov~ d~fuib~d p~NniNS.
C-Premiums on suth mortgage guaranry insurance as mo?tg~gee shsll from time to fime deem fit to urry on tM lo~n wcur~d h~nby. ~
I Mortgagee shall from time to time norify mortgagw in w.iting of the amount due snd psy~We Mreunder and tuch sum shall MKrwpon b~ dw ~nd 3
I Fayable on tF~e due date of the next mo~nthly payment snd exh successive moMh theresher uMil mortp~pe~ ahall notify m~~rfg~gw of • th~np~ in such '
an,ount. S~ch wms shsll be +pplied by mortgagee toward the payment of nal prop~rty taxes, inwnnt~ ptemiumf, and morfpap~ 9uuanty (mur~ntt {
E premiums. -
~ " ITNESS WHE , the uid MOR?GAGOR hss hereunto at his Mnd and s~al tM day ~nd ~na ftnt ~f td.
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ed I in the presence of: ~
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n ~
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STATE OF fLORIDA ~ ,
couNn oF 3t. Luoie
a
Before me personally appeued Re,~{ s D_ Trafelner ,~,a ~
(3nnwvi eve S, TrePelnAr hi, M,;fe, to m. v„e~~ k,wwn ,,,d known to e,. to b.
ihe individwls describsd in and who executed ths fae9oirg instrwr»nt, and adcnowkdped before m~ that th~y ex~arted th~ sam~ fw ths pwpows
~h~,~;,, .,~.,,~a. ~„d t~. w;a Genevieve 3. Trefelner
wife of ths ~.~a RAQia D. Trafelner - ;,.Q,.,,~ P.,~,,,.
examinsYan by me taken sepnate snd apaA from her s~id Iwsband, adcnowledped to ~nd befort m~ th~t she e:earted said fintrurnent freely and volun~
rar~ly ~nd witho~t any compulsion, constraint, appreFw~sion,,or fear of or from h~r s+id hus nd
WITNESS my h+nd and official sesl thi: ~4~c~
J day of Jul ~ A. D. 19~ :
r _ ~
. - NoRary PuWk in and for fh~ Stat~ d' fbridi N•lsrp~ ` ~
My C°'n^iai°^ ~xpir~s° . ^ • _
Retvm Ta ' ' ~ ~ j.~a; 1~1 a. ~~d % ' ,
Fint Fede~a~ sa~~s b~~?ssoc~e~wr+ F~~p AND CO ~ -
Of Fort Pierce_ ST, LU C I E C ~ A. • ~ ~
~ P~~~ F~~~ NOTARY PUBUC, STATE oi ftORIDA at LARGE`
RECORD V IED ~((,~y~ - ~ :
9 AIY COMAIISSION EXF~RES EtPR. 24, 1969.~
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~ '6t JUL 14 e ~ : OZ ' . .
. 158a~i - .
~ «e~f?- ~ OITR:.s
CIERK CIRCUIT COURT b~~16'7 s~~„
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