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F ~ To pl~c~ and continuously ke~p on th~ buildinps now w Mre~ft~r ~tuu~ on s~id I~nd and on dl equtpm~m ~nd penonally cov~~~d by 1hI~ ma~ _ sp~, with ~II prtmi~~ thereon p+id in full, fire Insu~s~c~ in ~h~ usual iundard policy fo~m, rn • ium spprov~d by tM MORTGAGEE. ~nd wind~twrt~ insw~nc~ in IM viu+l u~nda.d polrcy form~, in a sum approved by tM N?ORTGAGEE; in such comp~ny o~ compan~e~ u the MORTGACsEE may dir~~ ~nd all fin and wind~wrm ie~surance policies on any of sa~d build~rgs, ~ny int~re~t the~~in w p~n therwf, in t~k ~qrey+t~ ~um ~fw~satd a In ~xce~s tMnof, shall ca+tain ti+~ uswl st~ndard mortyayee cl~uie or iuch o?he~ claus~ af tM Mort9a9e~ may rpuir~, m~kinp tM Iwi undN said po~i- ci~~, ~+ch ae+d ~v~ry, p~yabl~ to uid MORTGAGEE as iti interest may ~ppea?. ~nd exh ~nd evay s~ch policy ihall be promptly au:pned ~nd d~livered to •ny Mld by s+id MORTGAGEE u funha security ro s~id mor+yy~ deb~, and, not Iss~ thsn ten (10) days in adv~nu of ~hs txpiration of exh polity, to dr liv~r to aid MORTGAGEE a ~~e~ewal ther~of, top~tht~ with a nteipt for the pr~mium ot ~uch renewalj and ther~ sh~ll M ra fir~ a windi~o~m ini~r~nt~ plaad on ~ny of said buildi~, any inte~eal thK~i~ w put thKwf, unless in tM fonn'and with tM Iws p~y~ble as ~f«~s~id; ~nd in tM svent +ny tum of nwn~y becoma p+y+bl~ vnda such policy a polici~s s~id MORTGAGEE shall Mw the option to ~eceiw and apply tM sam~ on ucoum o1 tM indebted~ neu tecvrtd htreby a ro peimif said MORTGAGORS fo rcteiw ~nd uss it w any part thereof fw othcr purposes, wilhout thMeb/ waiving or impai~- ~ iny any pu~ry• I1M W~1QF1f Lf1dQf Of bY virtw of this morsya9e; and in th~ event sa~d MORTGAGORS ahall for sny reason fail to keep the s+~d pr~mius w, i } insured, a iail to deliva p?omptly ~ny of said polities of insunncs to said MORTGAGEE, or fail promptly to pay fully ~ny premium therefw w in any ~ rsipect fail W perfonn, discharge, execute, eftad, compl~ts, comply with +nd ~bids by this covenant, o? +ny pa~t hereof, said MORTGAGEE may pl~ce •nd pay fw such iro~nnc~ or +ny put tF?Heof without w~lvirq or aff~ctinp any option, lien, eqviry, w ~iyht under w by virtw of thii Mo.Tp~p~, ~nd tF+e j full amo~nt of each and ~w?y t~d+ WYmsM ~ha~~ be im'^ed~+tely dw and payabl~ a~d shall bear interest from ths date tl+ereof vntil paid M tM rat~ ot ~ nins pK tentum p~? ~mum and togetF?er with svtA inle~e~t sl?~II be secured by tht lien of this rt~ortgpe. 1. To p~tmit, oommit or suffer no waste, Imp+irment a deteriwation of said property a ~ny pa?t thereof. 5. To pay all ~nd singulu th~.coat~, chsryes u~d expenses, incl~dinp • reaionable attorney't fee and costs of sbstracts of title, incurrad or paid at sny time by s+id MORTGAGEE, becaus! or in the event of ths failure on the part of the s~id MORTGAGOR to duly, promptly ~nd fully perform, d~uhargR execut~, ~ffed, camplate, comply with and ~bid~ by ~ach and every the stipulat~ons, s~~esments, conditions, ~nd covenann of said promissory note and this mort~ape ~ny or eitha. sad sa~d costs. charpes ~nd ~xpenses, each and every, sMtl be immediately due and payabk: whetAer a eot there be norice de- mend, attempt to tolkct or suit ptnding; and tM full srtaunt of ~ach and every s~ch payment ahall bear interest from ths daq thereof until paid +t the ra?e of ~i~e per centum per aru~um; ~nd all taid cbstt, charges and expenses incurred w psid, togelhsr with such intereit, ahall b~ a~cured by tM lieo of thw mortp+ys• e. 7}?~t 1+) in the event of any breach of this Mo?tya~e w default on the part of the MORTGAGOR, w(b) in the evem ~ny of sa~d sw?u of money herein referred ro be not promptly and fully paid within thirty (30) days next after the same sevcralty becane due ~nd payabM, without dertund a notice, or in the ewqt exh and every the stipulatio~s agre~meots, condifans and covsnanb of iaid promiuory note snd this mortp+9e ~ny w e~ther u~ not iuly, promptly and fully performed, d~xharged, executed, ef(ected, completed, complied with a~d abided by, then in either w any such ~wnt ths said ap~ gregst~ wm mentaned in taid promissory note then remaining unpaid, with interost acuued, and all moneys setured hereby, ihsll bccome dw and pay- able fathwith, a thereafter, at 1he option of said MORTGAGEE, as fully and complNely ~s if all of the said sums of money were wipinally stipulated to be paid on svch day, snything in said promissory note w in tha Mortgage to th~ contrary notwithstanding; and thcrevpon or thercafter at the option of ~ said MORIGAGEE, without notke a demsnd, suit at law a in equity, therefwe ot thcreafter begun, may be prosecuted u if sll ma+eya secured her~by ~ had matured priot to its institutan. 7. That ie the event thst at the beginning of w ~t any time pendirg aoy suit ~pa+ this Mortgage, or to fweclose it, q to refwm it, or to enforp ~ payment of any claims f+ereunder, said MORTGAGEE shall apply to the Court having jurisdrction thereoi for the appo~ntment of ~ Receiver, such Cour1 sMll FortFiwith ~ppoint a receiver of said mortgaged property all and singula?, includmg all and singular the income, profits, issues and revcnues from whatever tource derived, esch a~d every of whith, it lxing expressly understood, ii hereby mortgaged at if specifically set forth and deuribed in the granting and habendum clauses hereof, u+d such Receiver shall have all the broad and effective funct~ons and poweri in anywise entruated by a Court to a Receiver, and such appointment shall be made by such Cour1 as an admitted equity and a maner of absolute right to said MORTGAGEE, and without reference to the adeqvsty w inadequacy of the vslue of the property mortgaged w to the sotvency or insolvency of said AAORTGAGOR or the defendants, and that such renrs, profib, incorn~, issues and revenues shall be applied by tuch Receive~ acco?din9 to the lien or equity of said MORTGAGEE and the practice of such Coutt. 8. To duly, promptly and fully perform, diuharge, e:ecute, effect, complete, comply wi~h and abide by each and evcry the stipulations, agreements, conditbro snd coven~nts in said promissory note and thw mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vesfed in a person other fhan the MORTGAGOR, fhe MORTGAGEE, its successors and assigns, may, witFw~t notice to the MORTGAQR, de~l wi~h such succeuw or successor in interest with reference to this mortgige and the debl hereby secured in the ssme manner as with Mortgagor without in any way vitiati:?g a diuhargirg the Mottgagors' liabilify he~e- under or upon the debt hereby secured. No sale of the premixs htreby mortgaged,pnd no forbeara~ce on the p~rt of the MORTGAGEE w its successo~s or euigns and no extension of the time iw the payment of tFro debt hereby secured givcn by the MORTGAGEE w its s~tcessors a suigns, shall operate to release, dischsrye, modify change or affect the original liability of the MORTGAGOR herein, either in whok w i~ part. 10_ It is specifically agreed that time is of the essa+ce of this co~tract and IF~at no waiver of any obligaYron hereunder or of the obligaYwn se- a,red hereby shall at iny time thereafter be held fo be • waivet of the terms hereof or of the instrumeM secured herby. 11. In addition to the faego:ng monthly payments of print pDl and interest required by the prom~ssory note secured hereby, mwtgagor covenants and agrees to pay to mortgagee with each monthly payment an addiiional sum estimated by mortgagee to be equal to 1/12 of the annual cost of tF~e follow- ~ ing: I A-All real property tazes levied or assessed agai~st the above deuribed real estate_ E B-Premiums on fire and windstorm insuranct as herein requ~red to be carried on the improveme~ts situate on the above desaibed premises. " C-Premiums on suth mwtgsge gusnnty insurance as mortgagee sha11 from time ro time deem fit to carry on the loan secured hereby. ~ Mortgagee shall from time to t~me rtotily mortgagor in writing of the amount due and Fayable hereunder and such sum shall thereupon be due and ; Fayable on the due date of the ne:t monthly payment and eath svccessive month thereai~er urtil mortgagee shall notify mortgagor of a change in auch amou~t. Such sunu sha11 be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, snd mortgage gua~anty insurance k premiums. = WITNESS WHEREOF, the said MORTGAGOR has he~eunto ut his hand and seal the day and r first afwasaid. s ' ned. Seal and deli in the presence of: ~ s +0 ~ - ~ , ~ - a~ ~ STATE OF FlORIOA ~ Saint Lucie couNn oF Trefelner ~ Befwe me penoiylly appearcd R e 91 S D. s~ ~ Genevieve S. Tre e ner his wife, to me well known snd known to me to be ~ the individvals desuibed in and who executed tix foregang instrument, and scknawledged before me that they executed the same fw ths purposes ~ Genevieve S. Trefelner ; therein expressed. Md th~ sa~d wife ot the s~id Regis Trefelner upon a separate and privat~ ~ examinaYan by me taken separate and apart from her said h~sband, acknowledged to end before me that sF~e execvted said i~strumeM freely and vol~rr ~ rarily ~nd withovl a~y compulsion, constraint, apprehen or fear of w fran her ssid F1}iiband. ~ ~ Marcri 68 ~ WITNESS my hand and official ual thi~_y~ day of 0. D. 19 Nobry lic in snd for the State of Fiorida at l~rye ~ _ My mission e:pires: /9~!/ " Return Ta s3 finf Federal Savinp~ 3 toan Associat~on • - Of Fo.r P~erce. , t;;r Sk~te o1 Flo~ida at19n ~~:Y: a~ ~ Fort Pierce, Florida . . Y, FlA x: ~ _ ~ This iristrument prepared b ~ . ~ ~ ~ ~ - ~ First Federal Sav. & loan Assn. _ ~ - " ../Yl• ~ Of Oft PI~'(C@ ~ ; - ~0~ R'~~ ~ 9 ~ n~ I 7 - B ` ~ , ~ ! ' ~ ~ : . : 1~ ~ - 653.~p_ ` ~ . CL~kK CIACUtT COURT ~ ~ t : 5~- $~~K17U P~~~938 ck ' ~ - ~ . _ - - - : - _ ~ " ~ ~ _ - I'' - -