HomeMy WebLinkAbout2620 3. To plac~ and contawously ke~p on tM bvi!dinps oow w M~eaf~a sieuat~ on said land u?d on ~it pvipment and p~nonally oov~er~d by this ~nort¢
p~. with ~U prsmiwtit thsreon pa~d in fvl1, fin insuranc~ in ~i~ vswl aa~d«d policy fan~, a sun~ app?owd by tM MORtGAGEE. ~od wind~tonn
imw~ in tM ~swl ~randard pol~cy farti i~ • wm ~pprowd by ~l,R MORTGAGEE; ie w~h canpanp a canp~ni~s as tM MORtGAGEE n?~y
dKeC.r a~d ~II fira u~d w~ndsarm inswano~ poticiea on any o( wid b~ild:n~, any Inlerpt tlwr~;~, a pa?t tlN+wf, in th* ~p.eqaM wm ~foraaid a
M ~xaess tM+eof, aMll contain tM ~wal ~~andard mort~~pN davs~ or such aha cla~s~ ~s th~ Ma~9+~ m+r rMi+u~. n+a?inp ~M Ioss ~rnda+ aa~d poli~
w~. Nch and ~wry. WrabN a said MORTGI?GEE a~n in~ereu n+aY +PPw. aed sad+ .nd .w.y such poscy ~h+~~ b. P.o~~h au:yoed a~+d d.uya.d ro
~ny AeW bp ~+d AAORTGAGEf as fwrher s~awity ro said mat9~ debt. and, na kss than ~M p0) dayt in ~dvann of tFr ~apir~tron of ~ad+ poli~y. ~o dr
liwr to said MOR~GAGEE ~ r~ntw~l therw(, to~e~ha with a nce~pt fw tM pr~mium of wch ~antwal; and thnt sh~ll be no fir~ a windstwm inswanct
plaad on sny of sa~d b~ild~rgs, aMr inte.eu N~s..~u+ ot psrt the.eof, u.?!~ la ~M fonn'u~d wi~h tM bss p~y~bb ~s aforKaid: +nd in th~ ~v~nt aey swn
of maKy bzcanes payabte ~nde~ wcl~ policy a Do~icies sa~d MORTGAGFE ahaU Mw tM optan ro nce+w and ~pply tM s~en~ on accow~~ o~ rM ind~b~ed~
n~ss sacwed hereby w a p~imit s+~d MpRTGAGORS ro rsc~iv~ and vs~ it w a~y psrt thereoi for oeher pwposes, w~rhou~ thr~eb~ waiw;,,9 a~m?air-
ieg ar.Y puify, liln w ripht under or by virtw ol this mo.:pspe: and in tM ~veot sa~d MORTGAGORS sMll fa ~ny ?~sion f~il to keep th~ si~d p~tn+~sta w
Nswed. w t.~t +o d~sw. a«~,~y ~ny of said polK~ss of insur~rw ro uid 1~AORiGAGfE. o. r.a ~.w~,Pdr b ar w~M +~r n~~••a~?~, ~i+...ro. w~? a~y
nspect fail b pe.focm, dischu9e. erecuta tffect. coenpMN. comply with ~+d aEide by thia co.enaM, a any put hereof. iaid MORTGAGEE may pl~t~ ~nd
P~Y fa +uch intw+nct or +ny put :hs~cof w~tho~?t w~lvirg a aff~pinp ~ny optiwy li~n, p~ity. or rigAt w~da a by virtw of this Mort9~pe. and the
fuN .n,ouo~ of sach a~+d w..y wch paym.n~ ,h•u b. c~.~,edN~.1y dw u,d p•yWe and slwu bta. interesi fran ihe daf~ thereof w?til paid a~ th~ rau ol
~ p~r cenwm per annvm and toge~he. wi~h wcA inte.es~ sMll be secwed by Nn lian of this mort~pe.
l. To pKmit, ownmit a suffa~ no wut~. kop~wmee~t or dete~ior~tion of s~d p~op~rty ar ~ny p~rt thetpf.
S. To piy all ~nd sinpvlar th~.costs, charpes and ~xpeeses„ ;nclud~np s rtason~bl~ anorney's fee snd costs of sbshacts of title. incwr~d w p~id ~t
w?y Yun~ by said MpRTGIIGEE. becauat w in rM evw~t of ths taitws on ~he pa» oi tM said MOkTGAGOR w duN prompty and fvlly p~r(or,n, d;xM~gR
•xecur~, ~ffec~. canpkt~. to^+P~Y with and ab:de by ~sth ~nd every the sY~pulat~or?+. ag~eereknn, toeditans. and townanq of said promissory ~ote and t1w
nartyaps ~ny or N~her. aod sa~d cosrs. chuges ~nd eapen~ea, each and ~very. ~tl b~ immediatcly dve ud pay+ble: wAetAer or not there be +~wke d~
rarnd, sttemp~ a collyd w wif p~ndtng: and tM full a~rount of e+ch ud evsry wch p~ymen~ shaii bea. inrerK~ fro.n ~he da~~ th~reof until paid a: the
~~te of nine pe~ tentwn per amwm; ~r~d all s~id tosts, thupes and expe+?ses incurred w paid, Ioptlhtr w~th such inter~st, shitl b~ sacwed by ~h~ ii~n of this
~~W- .
e. ih~t i~ ~l~e erent of any breacl~ of this Mwtqsy~ w defaull on the part of the MORTGAGOR, a(b) in th~ ewnt ~ny of s~+d swl+s of maKy
herein r~fKred to b~ nor prompt~y u~d fully piid within thirty (30) days neat afre~ 1he same sevaally become due a~d payabl~, withow de,rand a notice,
a(~ in tM ~ven~ each u+d ew~y the stipulations, agresmenn. cond;r:ona and coven~nn of said pranissor~ note and th:s mor~0~e ~nY w e~tl+er ue na
~uly. prompNy and fully pe~famed. d~xharged, e:ecutsd, effected, co~npleted, canpiied with and ~b'~ded Sy, then in e:~he~ or any such ~vent th~ ~aid a~ ~
pre~h awn menran~d in said promissory note lhen rem~iainp unp~id wirh intcrest scuued and all nw~~eys s~avred hereby, sh~il bero.ns dw and pay- '
~We forthwill~, W tFltfNftN. at ~he option of said IWORTGAGfE, u fully aod con~ietely as if all of the said swns of rtwney were aipinrlly stiputated
a b~ pa~d on such day, anytAing in sa;d prom;ssa.y note or in this Mw~g~ge ro ~he con~ruy ~onn~thstanding: u~d thereupa+ a tfiereafte~ at th~ op~~on of
ssid MORTGAGEE. wirlwtit rotice or demand, suit at la~v or in equity, ther~{ore or thereafrer t~egwy may pe prosecuttd u if all moneys sscvr~d hereby `
i
marur prior ro in insr~turan.
7. ihat in the event that at the beginn~ng of or ~t ~ny t~me pend'iny ~or sv;t ~pon fhis Ntortgage, or to iweclas~ it. w to ~eform it. a to enfwp ~
, p~yment of any d~ims he.~wider. said MORTG/IGEE shall apply to the Cov+t !?ariag jurisd:ction thcreof fw the ~ppo~ntment of a Reteiver, such Cowf shall
fatliwith ~ppoint i receiver of said mwtgaged property all a~nd singulu, includug ~II ~nd singulu the income. pof~ts, awes a.~d revcnues irom what~ver
wwc+ derived. exh and evay ot which, i~ beag expressly unders~ood "a hcrcby mor~gaged aa ii spec;fically set forrh and described in thr yran~ing and
habsnd~xn c(auses hereof, snd such Receiver sh~ll h~ve ~II the boad and efieceive fwrctwns and powers in ~nywite entrustad by ~ Court fo a Receiver. and
wch ~ppointment shall be made by wch Court as ~n ~dmiued equity and a m~tre~ oi absol~te right to said MORTGAGEE, u+d without rcference to the
~deq~icy w inadequacy of the valv.+ of ehe properry rnungaqed o~ to the son,ency •o, ;nsolrency of said MORTGAGOR « the defendann, and ~M~ such
r~t. prof~ts, incwne, iu~,es snd rereiwes si~all be applied by s~th Reteive~ accwdinp to the lien or equity of said MORTGAGEE and ~he pracrKe of sucA
8. To d~rly. promPtty a~d fuly perfo~m, dscharge. execute, effect. cwnplere comply v?;~h and abide by each u~d every the stiputations, sgree~nenri,
coed'itions and covenants in sa~d prom~ssory note x+d th:s mwtgage set fath.
9. That in the evem the owncnhtp d the mort9~ged Prem~ses, w ~ny p~rt thercof, becomes vested in ~ penon other than the MORiGAGOR, the
INORTGAGEE, ib successors snd assig~s, m~y, without notice ro the MORTGAOR, deal with such sexcessor o~ wccesso~ en ;nterest wifh relerence to this
mort9~e u~d the debt hereby secured in thp syne rn~rrKt as with Nbrtgsgor witlw~A in any wsy vitiatiig ot d~xharging the Mo~rgagws' liabiliy hera
uoder ot vpon the debt hereby secured. No ssle of ~he pemises hereby mortg~ged ~nd no fwbeuance on tM part oF the MORTGAGEE o~ its svccesson
a~ssigns and no eatensan of rhr t;me for the p~yment of the debt hereby aecured given by the MORTGAGEE or ih wccesson or assig~s, „tiall operaq
ro nleas~. dixh+rge. modify change or affect the org~nal liab~lity of the N~pRTGAGOR hereir?, either in whok a in pa~t.
1R It is speciP~cally agreed that time is of the eucnce of this contract aed th~t ra waive~ of ~ny obligation herevndcr or of the obtipation se. `
a:red hereby shall +i any time thereafter bs held to bc ~ waiver of the terms Aereof a of the instrument secwed herby. ;
11. In add~ti~ to the forego:ng monthly payments of prirK ppt and interest required by the pn ~~swry nore secured hereby, mongagor covenants ;
. and ag~ees to pay to mortgagee w~~h each momhlY paYment an addrtionsl sum esrimared by mortgsree W tie eqwl to 1 j12 of the annual cost of the follow- #
i^9:
A-Al! re+t p~oper~y taxes levied a assessed aga~~st the above describcd real estate.
B-Premiums o~? fire and wind:twm insurance as hereio requ:red to be carried o~ the improvemc:?ts situate o~ the above described prem;ses.
C-Premiums on svth mort9sge 9wr~nty inswance as mo~tgsgce shall (rom Gme ro time deem fit to urry pn the Ipsn secured hereby. ~
Mortgagce shaq f:om time to time notify mortgagor in wriri~g of the amovnt dve and payabk hertw~der and such wm shaU therevpon be due snd
paysble on the due dau of the next monthly paymem ~nd exh successive month thereafte~ ur.til mortysgee shaq raGfy ,wor~9agor o( ~ dynge M wc1~ t
amouol. Such swns shall be applied by mortgagee tpward the psyment of re~l prpperty t~xes, inwrance prem:ums, snd morfgage guar~nty irours~ ~
pre~niwra.
I WIT ESS WHER said MORTGAGOR has hereuntv set his hand and seal the day and year fint afaesaid.
li ed in presente of: ~
. ~ ^ ,n ~
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n
~ n ;
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STATE OF FLORIDA ~
pF St. Lucie ~ ~ ~
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eero.e „~e penwWuy ~ppeu~d Reois D. Trefelner
Genevieve Trefelner his wife, ro me welt icnown ~nd known to me to be
?ha Indiridwb dexribed in and who executed the fore9oiny instrument and xkrwwkdged before me that they executed the ssme tor the purposes
.~.~d. n~,d r~ Genevieve S. Trefelner
,~t• ot ~h. ,.;d ` Re is D. Trefelner
~rpon , separare sod priv~t~
e:amin~Yan by me bRen separ~t~ and aput from F~er said Iwsband. actcnowl,:dged to ~r~d be`~re me tlWt she execveed ssid 'uqtrumem freely and votu~.
tuily ard vr~thovt u~y compulsior, constninf, apprehensio,q,~x fear of or froa~ her said hvyband,
WITNESS mp hand and officisl seal thi: !/y d~y of ~CeIDbeL A. D. 19 67
Notary tc in and fw the State of Florida at larp~ ~
Rctvm T'a MY ion e~es:
First feder~) Savings a losn Associaran =
Of Fwt Pierce. ,.,`~:~~tt I:t:/j;. i~C1dfY ~:C. SutC 0~ ~Oltdi it
fo.. P'KU, fb.;d. ';'t-' ' i, f. My Commiss~oa Expires Au9. 6. 191i
1~•` ~ir y A~+~ Fi+6 Gr~y ~!t
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FILED AND RECOROED - f
ST. LUCIE COUNTY, FLA. ; " `
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RECOR~ VERIFlEO " • ~ ~ ~
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~v-c 4r.~~. ~ ; .C • ; £ - _ _ ~
'68 JAN 2 PM !2' 43 a,.;:; ~
~ ' j,;•~....r•r~~~`~,
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16318i ~ ~ . -
=t0~:_P. ~~U1tR.t.S
CLERK CIRCUIT COURT gpjK~,69 PAGL~~U~, ,
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