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HomeMy WebLinkAbout1649 t .'f. TO ~iq N~ CMfIfN10VS~y ~[N~/ Ofl fIM bVil~ f10'MI p MfNffN ~ttwb on said land and on ali equipnwnt +od Pasa?+~~r cover~d br Mis mort~. ' .p~, wilh ~II pnnww~a ~hu~on pawl in WII, fin Inwranc~ in tlr wwl sund~rd poticy for~ jn ~ sum approwd Sy tM MO1tTGAGF~ and winduorn? ` ~nsw~p in ~ vw+) ~randard poGcy faa~ in • swn approv~d br ~M N10RTGAGEE: h w~h comp~+y a ca~panNs ~s ~M Mt~1tTGAGEE awy E dw~ and ~II fir~ ~nd wN~~onn inswana pdKNS on ~y of s+id buildinpa, ~ny inNnat tl+snin or part tMnol. in tM apq.pN~ tw* ~fon~atd ot t 1~ szass ~M.wi. ah~ll conain ~b ww1 u«~dard nar~ya~ clwk or iuch aM. clw~ a~M Mat9~ ~^+y rw~+~n. nykinq Mr los~ w+du sa~d pdF i cia„ ~ad~ w+d ~w~y. WYab1~ b wid f+AORTGAGEE u in ir?terest n+ay ~pp~a~. ~?d c.d~ a~d .w?y such ~~cy s~+~u b. promP~y ass:9~ed ~+d d.i~w.wi ro ~ ~ny Mld by said NK?RTGAGEE a fwthK stcwitp w ssid ~nat~~pe debt. +ed not less th+n t~n (10? days in advanu oi tM ~:pi?atioe~ of ~ad+ PolicY. to de I~w~ b said MORTGAGEE • r~new~l tlN.wf, to~~h~r wtTh ~ na~pt fw rM pnmium of wch r~w~lj and tMn aMtl b~ ~o fin a winds~a~n Mawann pl~d oe ~ny of a~d buiWieps. w~y intaest 11~~in a put tMnof. wd~a in ~M torn?'and witb ~h~ loa p~ysbl~ u aforssaldt +~d i~+ tM avsnf anr sum of nwn.r becw+n. p.rabM w~d.. wch pdicy a~;c~e, sad ~?OrtTG~?GEE •ha11 h.w ~M opan ro nc.iw and apply tlre sam~ c+n ~ccowu o1 ~h~ ir~b~ed. rku wcw~d lN~~by or a pern+it ~aid MORTCsJ1GOR5 ro receivt u~d uf~ it a any pa.t rAsrwf fw ahe. purposat, w~~hout the.eb~ waivi~y a impai.• . irg aMr puity. lia? or ripht w~der or by virtw oi this mwtqprs a~d in the twnt ssid 1NpQiGAGpRS shall fw any r~»an fril b k~p ~h~ s+id pt~mises so ;nsw~d, or faU b delive~ promptly ~ny of aid potKia of insunew to s~~d MORTC,AGEE, a fsi~ p.o~++ah w wr fi+~N +~+r w«~+~w~? rhN.M? w r, +~r rssp~tt hil b pufotnl, dischar~. ~xscv~ ~fha. compl~i~. t~omplY wi* and abidr by this cownaor, or any ~wt Iw~wf, s~id MORTGAGEE +nay pl~n a~+d p+v ~ s~+ch in~wano~ o~ anY p+r1 thenof withart watvinp o? aff~ctiny ~n~r option, li~n, puiry. o~ ~iph~ ~e~der or py virtw of this ~nd the fu11 ~nww~~ of iach ~r,d ~„~ry s„d, paye,~,u =1»II b~ in~dNnly dw and p~y~bN ~nd a1y11 b~a~ intK~r from ~M daa tiw~of wuil p~ud' t~i1w rat~ of ~ n~n~ pp pntven pv w~wn ~nd to~~ther with wtA intK~st shall b~ s~cuted by th~ IiN~of lhif pwrtppt. t. To prrmir. ooav~dt ar wff~. no wasa. Lnpa~,mem or dst•r~or•~~on ot propaty a. .nr p„~ d+er.cf. 5. To piy dl and sinpvl~r tir.cosn„ clw~s and ~xp~.?sh„ inctud'aq • rNion~bl~ at~aeey's fa~ snd cosb of absn~cts of titt~. iec.m~d o~ p~id ~ny rim~ by uid MpRiGAGEE, baaus! or in th~ ~vent of tM (~ilv?~ on tl+~ p+rt of tM said MORTGAGOR ro duly. P.«+.prti a~,d t~?iy P..t«~r, d~n.~ e:KVre, ~ffed. aompkq, oomptY wi~h and abids by ~ach and evsry th~ stipvla~io~a„ ~greamenrs, conditia~„ and oown~nn of sad promiuory rwk u~d t!w morr~p~ an~r a ei~ha. ~nd sa~d eosh,. cAu~ ud ~xperres. ~ach ~nd ewry. iMll be Gnnedi~t~ly dw and p~y+bl~t whether a ~wt N+a~~ b~ noria d~ mand. ~mmpt a oolkay w wit pN+degj aed ~M fi?11 amowN of ~ach ~nd arne~y a+ch paymse~t shall bea? inte~nt from tl» dit~ tMreof vroil paid the rare oi rwr~ pa centum per arwwm; and all said obus, chas~es and e:peoses iKwr~d a paid, w~~hu with svcl~ interpt. sh~ll b~ sKwed by th~ liM of thia i*ar+~+9~• r a, Th~~ (aJ the ~wnt of ~+~y brcxh of this Mor~apa o~ d~fsuh on U» parr of tM MORTGIIGOR, a(b) Fn th~ ew+~f ury of ss;d swna of mor~y j herein ~~fe?nd w 4» nw pranptly ~nd fully paid within thirtr (30i d~ys eext afte~ tht same severally becane due u+d pay~bl~. withou~ dMnand w notiu. or (c) in the +wn~ esch and evay tM stiputat~ora. +9rMn+ena. cad~rions and aoverwnn of a~~d promis~ory not~ and Uas mat9a~~ ~ny a~itAer an i+o1 iufy. pomotiy ~nd tulh pKformsd, d~scharpcd executed ~ffected, canpleted, complied wi~6 u~d ab~dcd ,y, tMn in ei~her a~ny such r~t th~ ~a~d ~g prc~t~ wm a»nria+~d in said promisswy rat~ then rEmaini^p w+W~d. with inte~at ~caued, and atl morrys sacv~ed hersbr. ~h+ll bscan~ dw and p~p sble forthwith, a ~hereaher. ~1 ths opt~on ot sa~d AAORT~'sAGEE, u ivlly ud completely u if al! of the asid s,x~s of nweer were orip'wully s~~pulated ro be p~~d on wd+ daY. +nYthieg in sa~d Wom:ssory not~ or in tAis Mafpa9e fo tht conlr~ry no~withsT~ndiny: ~nd fhereupw~ or thereafta at rM optan of si~d MORTGI?GEE, wit!?out nw;o~ a dem~nd, iuit at la~v•oi in equity, tAtreFWV nf thHNffN bepw~, msy be proaecvtad ~s if dt mawys s~cv~~d hereby Aad mafvrMd prWt b in LMlilvYqn. 7. Th~f in tM event tMt ~t th~ beginning of a st u~y tNn~ pemi'Ng ~oy wit upoe. this Nbrtysge, w fo fweclos~ M. or ro roform it, a to enfwa p+yment of ~+y daims hcrew+der. said MORTGAGEE sMll spply to the Cwrt havirg jwisd~ction thereof iw Ihe appo~ntma?1 of a Receivcr. wch Cowt shaQ fatliwith appoint a receiver of sa+d mortyayse! properry all ind sinpvlar, indudug ~II and singular the income, - ~ource derived. sad~ and every of whKA. „ beinp saPres;lY undentood. is her P~ofits, issves and rsvenu~s fran wh~t~ver h+beneiurn cla~ses hereof. u~d such Receiver sh~U 1»w ~II tht boad and effecrive f,mcr ons~+nd if spec~lically set iwth aod desuibed in the q?antiny and powen in anyw~se en~rwted by s Coun ro a~eceiver, and ~ auch ~ppantrnent sMll be made by such Cpxt u an ~drn;ned ~qv;ty ~nd ~ c,yne~ of absolute r~ght ro ssid MORTGAGEE, and without refere~ce ro th~ edcqvacy p ir?~dequ~qr ot fh~ wlue oi rhe pcaperty mwt~sged or ro ~he swvency a insolvency of asid M~pRtGAGOR p tl+e defendann, a.~.` rhat wch ~ renrs, profi», incane iuves arw) reve~res sAall b~ sppl'~ad by such Recciver accordi~ w the lien w equity of said MORTGAGEE and ~he practic~ of such ~ tourt. 8. To dufr. pranptly and fully parform, d'ischu~e. execut~. eff~d. comp{ete, comply with ~nd abid~ by ead~ and wery fhe stiputations ayreernenq, c«+ditions u~d covetrinrs ~n sa±d promisso.y ~ote and ~h» mwrgape set fad~. 9. 1i+at in the event the ownersltip of tM mort9sged Wcmiaes. w+nY P+~t tl~eof, becomes vested in • perwn orher rhsn rhe MORTGAGOR. ~M M~RTGAGEE, in wccesaws and assgns, rn~y, witlw ~otice to the MORTGAOR, dsal with such wccessa w wccessor in interpt wieh refcrence ro this mo.~ys~ and tM debt hereby secwed in the sa+ne +n~+mer as wi~h Mo.tgago. without ln any way rit~atinQ or d~scharg~ny the Mat9~gws' lisbiliy here~ under a upon the debt hereby secured. No tale ot the {xemises hcreby n,o.tgaged and no forbeu~nce on the pan of th~ MORiGAGEE or ib successon r a~s:gns and ew e:tension of the time fa the payment of the debt hereby secured yive~ by ths MORTGAGfE or its s~x.assors or au;y% ahall operat~ ~o re:ease, d~achuye, modify tMnge w affect the wigin~l liab~liry of the MORTG/?GOR here'uw, either in whok w in p~rt. 10. It is speNfically agreed that Yrne is of the eue~ce of th7s caur~ct and that no waiver of u~y obl'gaYan_bereunder or of the obiiy~t;on se. a.red hereby shatl ~t ~ny time thereafter be held to be • waiver of the terms hereof or oi the irotrwne~t secwed herby, 11. In add~tan ro the forogo:ng momhh paymenh of p.i++c ~f and in~erest requlred by the p~an7uor~ no~e secu,ed herebY, mortgsgw cevenants • ar~d ~grces to pay to mortgagee with each monrhlY paYmenr an add~rionsl sum estimated by morlgsgee to be equal to 1/l2 of the annual cost of the fdlow- , A-All real property ta:es kvied w sssessed against the above described real estate. 8-Aremivrns on fire and wiodatwm irourance as herein reqv'ued to be urried on the iv~ptovemenb situate on the sbove desuibed premises„ C-Premi~xns on wd+ mwt9sge guarsnty insw+nce ss mortg~gee shsll from t~me to time deem fit ro carry o~ the Ioan secured hereby. Morfgsgee shall from time to t7me notify mortgagor ;n writing of the amour.t dve a~d paY~bk herevnde? and such wm shall therevpoa be due snd paYabk on the dve date of the next monthlY paYment and each successirt montb thereaffer until mortgsgee shsll noti(y mwtgagw of a change in wch a:~ount. Such surns shalt ue ~pplied by mwtgayee towxd the payment of ~eal propeny uaes, insuruxe premlwrts, and mortgage guaranty insu~ance premiun~. WITNE55 YVHFREOf, the ssid MpRTGAGOR has he.evnto set his h~nd and seal the day and yeu fint aformaid- - Sea and del' in the presenoe of: ~ _ ~ ~ 0 STATE OF RORIDA ~ St. Lucie courmr of defore me p~rsonally app~and R e~ i_ Q D. T re f e 1 n e r Genevieve S. Trefelner w;~~, ro ~ ~~i ~ ~ ~ ~ ~ ~ : the ind'nidwb described in and who wcetuted the fore~oiny instrurnent, and acknowledged beforo me that rhey executed ths same fa the pwposes i r~,~«~ .,~..,,.d, w„d rh. ,,;a C= e r. e v~ v e T r f e 1 n P r i .v~fe d th~ ia7d Rexia D. Trefelner ~,~,te { e:~m+nsYan bp me aka~ sepa?~te and apirt from her said husb~nd. ~duawledped to a.d befwe me th~t she exewted s~id ioatrwncnt freely ~nd votw~- ~ tarily aod witiwvt ~ryr computsion. constraint. +PWehe+nla~.~a f~~r of or from ha said lwsbud. s WiTNESS mp hsnd and officia! Nal th~ /.:l ~ ~ /1. D. 19~_ ~ i t Noury Pu in ~nd fa tFro Stm of Florid~ ~t larpe ~ RNum To: My ~ ~'~a' First F~d~r~l Savirgs i loan Aswciafron - S~ Of AOfI~ it ~ F~ P;~«. 6. ~n F«r vK.a. ~.;d, ~1~ Cowa~ss+on E:pue~ A~9- O " i,MM, ~f,,,,n~n. fi. a w...y ca. AN~ ~E~j~~~ A" ~ ~ •c~ f 11'LVC1E ~ ~V ~IF,Ep . , , st'~~~.C~P - - . i62~~~' ~ : 5 . _ . ` , ~ . - 0'~~ ~3 . . - '6~ - ~ ~ - ti~°`~ co~Rt o R c~ c~~ • K' C,R~ 1t b00K PACE ~~N~ ~ ~ ~ R ~ i ~ 1 _ ~ _ -