The URL can be used to link to this page

Home My WebLink About2954 3. To pl~c~ and contirnious~y kKp on the buildinps now w Mreaft~r ~~twte o~ iaid tard and or+ all equipmtnt ~nd p~non+lly cova~d by M+b mortp~ sys, with ~1) ptmi~rt4 thereon paid in full, fire insurance in the uiuai uandard policy fam, ~n a sum approved by tM MORTGAGEE, ~nd winditam tnivru+c~ in tM usuai ttandard pol~cy fwm, in a ium approvad by tM MORTGAGEE, in a?ch company a companie~ ~s tM MORTGAGEE may dinctj ~nd all tin and w~ndstorm ins~ru+c~ policiet on any of sud buitd~n~s, ~ny Intert~~ therein or pah tMreof, in tt~s ~yqreya~~ tum ~fo~~wid a in uttess tMrwf, thal) conui~ the uiual slandard mortga9e~ tlauie o~ such otha clauie a~ tM Matps~ee may req~ir~, makirg th~ lou ~nde~ uid polF ; ci~a. ~ach ~nd ~vtry. paYabl~ to said MORTGAGEE as its imerest may appeu. and each and every such polity shall be promptly ~ss:yned +nd d~livered ro ; any Mld by ~aid MORTGAGEE ~s further ~ecurity to said mwtya9~ debt, snd, no1 lea than ten (10) days in advance of th~ expirition of t+ch policy, to dr I~vN to iaid MORTGAGEE e renew~l thtreof, topethK with a reteipt fw the p?tmium oi tuch rs~+ewal; and Ihe~t shall bs no fin or wlndstam l~uvra~t~ placed on ~~y of said buildirgs, any intereit tMrein or p+n ~her~ot, unleu in tM form'and wi~h th~ losi p+yable as •faeiaidj and in the evenl any tum of mon~y becorna p+y+b~e u~der such policy or polici~s uid MORTGAGEE shall haw tM opt3on to rxeive and +pply tM sam~ on +ccou~+1 0~ IM indebted~ ne~ tetv~~d hereby or ro permif isid MORTGAGORS to reteivs snd uie tt a•ny put thereof fw othcr pu~poses, without ~hrreb~ waiving w~mpair- iny any puity, li~r? a ri~ht under w by virtw of this morlpspe; and in ~M event iaid MORTGAGORS sFmll fw ~~y reawn fail to keeo the iaid p~emises io insu~ed, o~ f~il b deliver promptly any of sa~d policies of insunnce to said MORTGAGEE, a fa~l promptly to pay fulty any prcmium therefw or in any respect fail to pNform, diuMrge, execute, eif~ct, complete, comply with and ~bids by tFus cove~a~1, a any psrt he~eof, uid MORTGAGEE may pl~ce and pay for such iniuranu w any part tF?areof without walvinp u sffectirp any optioe+, lien, equ~ty, w rpht under a by vi~tw of this Mwtyape. +nd the full amou~t of e+cA and ~wry svch p+yment sh~ll be immediately dw and payabb and ihall beu interest from ths dat~ thereof u~til paid N 1M rat~ of nine pK centum pN annum and toge~Fu~ wifh sucA interest sF?~II be secured by tM liee~of this fnwtype. 1, To permit, oanmit or suffa no wasts, Imp~irment or detarioratan of said property w my p+N thereof. 5. To p~y ~II +nd sin9ulu the.costs, charges snd expenses, includirg s reasonable +ttwney's (ee and costs of absbattt of title, incurred w paid at any time by s~id MORTGAGfE, because or in the event of the failvre oe+ the psM of the iaid MORTGAGOR to duly, promptly ~nd fully psrform, d~schargR execute, ~ffed, tompkte, con+ply with and abide by esch ~nd evcry the ~tipulations, egreemenn, tonditioru, and coven+nri of said promissory note +nd thif mortyaps any w ei~her. snd said costs, charges and expen~es, e+ch and every. shall be immedi~tcly due and payable: whether w not there bs notice da ~ mand, anempt fo mllett w wit pending; and rhe full amount of each and every ~uth paymeM shall bear intereft from the~ date thereof until p~id st the ~ rate of nine per centum per ~nnum; and all said cdsts, chargcs and expenses incurred w paid, together w~th such interest, sMll be sec~~ed by the lien of thu mortpap~. ` d. TMt (s) in the event of any bro~ch of this Mortgaqe w chfauh on the part of the MORTGAGOR, a(b) in the eva+t ~ny of said sums of money herein r~ferred to be no1 promptly and fully paid wi~hin thirty (30) days next afte~ the same seve~ally become due and piyable, wilhout demand or notite. or (c) in the evMt exh and every the stipuiations, agreeme~ts, conditions snd coven+nts of ss~d promiuory note and th~s mwt9aye any or either are not ; iuly, prompHy and fully paformed, d~uharged, executed, effetted, completed, complied wifh and abided by, then in either w any tuch evtnt ths asid sp~ ~ preqat~ wm ment'aned in :~id promissory note then remaining unpaid, with imerest ~taued, and all moneyi utured hereby, shall become dw and p~y- j able forthwith, Of fF~lfNffN, at the option of said MORTGAGEE, ~s fully and completely ~s if all of the said sums of money were aigin~lly sHpulsted ro be paid on suth day, aeything irt•aa~d promiuory note w in this Mortgage to the contrary notwithstsnding; and therevpon w thercafte~ at the option of said MORTGAGEE, witho~t ootice or demand, wit ~t law w in equity, tlxrefwe w there~tter begun, may be proucuted a~ if sll moneys secured hereby had mawred prior to its institution. 7. TMt in the event that at the beginning of w ~t any time pendi?g aqy suit ~pon this Mwtgage, d to foreclose it, or to reform it, o? to enforce payment of any ctaims hereunder, said MORTGAGEE shall apply to the Cou?t having jurisdrct~on thereof tor ~he appo~ntrrKnt of • Receive?, such Court shall iorrtiwith appoint a receiver of said mortgaged prope~ty all and singutar, includ~ng aIl and singula~ the income, prolits, issues and revt~nues from whatever :ource derived, each and every of whKh, it being expressty understood, is hereby mortgaged as if spec~fically ut fwth and described in the g.anting and habendum clauses hereof, and such Receiver shall have all the broad and effecrive funct~o~s and powe.~ in anywise entruated by a Co~rt to a Rcceiver, and ~uch appointment shall be made by such Court as an admitted equity and s matter of absolute right to said MORTGAGEE, and w~~hout reference to the adequacy w'r+adequacy of the value of the property mwtgaged w to the sotvency or insolvency oi said N10RTGAGOR a the defendants, and that such renrs, profib, income, iuues snd revenues shsll be applied by such Rece~ver accordin~ ~o the lien or equiry of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfwm, dixharge, execute, effect, complete, comply with and abid~ by each and every the stipulations, agrcements, conditions and covenants in said promissory note and this martgage set forth. 9. Thaf in the eveM the ownenhip of the mortgaged premixa, w any part thereof, becomes vested in a penon other than the MORTGAGOR, the h10RTGAGEE, ib successon and assigns, may, wi~hout notice to the MORiGAOR, deal with such successor or successw in interesf with reference to this mor~gsge and the debt hereby setured in the sune manner as with Nbrtgagor without in ~ny way vitiating or diuhargirtg fhe Mortgagori liability herr under w upon the debl hereby secured. No sale of the premises hertby mortgaged and no forbearante on the part of the MORTGAGEE or its successors or auigns and no exrens~o~ ot the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass:gru, shall operate ro release, dixha~9e, modify change w affect 1Fx origtnal Iisb~Gty of the 1NORTS'a,AGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of this contrad and •fhat r+o wsiver of any obfigation hereunder or of the obligation st c~red heteby shall at any timt theresfter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In addition to the forego:ng monthly payments of prinCpDl and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an add~rional sum est~ma~ed by mortga9ee to be equal to 1/12 of the annual cost of the follow- ing: A-All ?eal property taaes levied or assessed aga~~st the above described real esbte. _ B-Premiums on fire and windstwm insurance as herein requ~red to be carried o~ the improvements sifuate o~ the above described premises. I! C-Premiums on such mortgage gvaranty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum sFwll thereupon be due and cayable on the due date of the next monthly payment and each successive month thereafter urtil mongagee shall notify mortgagor of a change in such i amount. Such s~ms shall be applied by mortgagee toward the payment of real property taaes, insurance prem:ums, and mortgage guaranty insurance p~emiums. ~ IN WITNESS WHE~EOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforeaaid. " ned, Seal a de' in the preunce of: ~ r ~ , n € ' i1 ~ +D ' STATE OF fLORIDA ~ ~ ~ . ~ COUNTY OF ~ t~ t.~] ~i E3 ~ Before me penonally ~ppeared R P g i s D_ Tr e f~ 1 ne r ,,,d ~ Genevieve S. i'Y'efP.l21@P his wife, to me well known snd koown to me to be 5 rhe individusb described in and who executed the for oi instrument, and acknowl f eg ng edged before me that they executed the aame fw tfx purpous ~ therein expreued. And tlie taid Genevieve 'I'r'efelner wife o4 the said Regis D• Trefelner upon a sepuate ~~d privat~ ~ examinatan by me taken sepsrate and apart from her said husband, ecknowledged to and befwe me that she executed said instrvrtxnt freely and volun- ~ rarily and w7tho~t aryr compulian, constraint, apprehensi~var oi w from her said husband. ' WITNESS my h~nd and official xal this ,~J day of 'T` A. D. 19 68 ~ Notary Public ' and or the~ate of f~oride at Larye _ My Commiss' expiret: c~-'- ! f 7/ Retur~ To: - Fi~st F e d cral S avi n g s 8 l o an A s s o ciafi on • N o t a ry P ub{ic, Siate o} Rorida at ~arQt : Of Fort P,~.~e. My Co;nmisiwn Ezpires Au9. 6. 19 7 1 ' Fort Pierce, Florida ' , ~d 4r -~'~-'a E'~%; ~Y ~ • ' ; . , i = ' ' FILED AND R ; ' T"~s irstrument prepared by = , ST ~UCIE COU~ Y FED` R= ^n,~- ~ r~,_ , lq ~ First Feder:,l Sav. & loan Assn. ~ _ ~ ~ ~p of Fort Pierce ~ . ~ ~ -~65341 ~ r V . Celli„Q ~ ' ~ 'VV • ~.y~ ' V ~ • ~ ~ By AJN-. 10 . I 1 ~ ' ~ ~0 R - C~ERK,~CIR ~ U' i? ;S ~ ~ ~ . 60~K~~~ ~UtT COURT ~ ~ ~ _ - - - ~ : , _ . = ~ ~3~. ~.~~c-- ~ n s ~ . _ . _ ,a~~~~~