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HomeMy WebLinkAbout1012 3 E • l' i i t S. To plac~ ~nd oontirwwv~b IueP o~ tM buiidings now a Mr~sh~r ~ituu~ a+ said land and on ~II puipn+~nt aod pKwn+lb covK~d by this ma1~ q~ wHh all pr~mivms tM+eon p+~d in iutl, fin inwru~c~ In tM uwai sta++dard policy form, in a sum ~pprowd bY tM MORTGAGEE. ~nd wiexktorm ~ k~wta~e in 1M uiwi itu?dud pol~ty fam, in a sum ~pprov~d by 1M MORTGAGEE, in wd~ conW+^Y a oon"W^~s +s MORTGAGEE may dinctt ~nd ~II fH~ and wk+dstoan imwaecs policia on ~nY of aW buitdinps, any int~nsl th~+~i~ or put tMrwf, M tM ~rep+» suM afaNaid o~ ~ In pcuss thereof, ihall ca+t~in tM uswl atandud mwtgsge~ clau~ or such wM. dws~ ~s tM MaroayN m+y rpuin. ~+akinp tM loa und~~ uid po1F cies, ~+ch and ewry. p+YsbN b s+d MORTGAGEE as iti interest m~y ~pp~a~, +ad ~+d~ +++d ~very wd~ Pclicy shall b~ p~omptly au;pned and d~livK~d ro •~y 1Mid by ssid MOR1GACsEE ss turtha s~cv~lty to said mortps~s dtb4 +~+d. rat kss than ten (10) daYS tn +dvanc~ of the ~xpiration of ~sch policy. to d~ Ii.w ro s~W MORTGAGEE ~ ~~nsw~l tl~eof, topetFwr with a receipt for tM premlurn of sud+ r~newalJ and tMn shall b~ no fin w windstwm inwranc~ plapd on any of iaid buildinp~, any intersat therein or p~~t therwf, u~less in tFk form ~nd witFi 1M loss payabh as aforesaid~ and in tM twnt a~y wm of moosy becomei p+y+bl~ vrwd~~ wch policy or policiss Nid MORTGAGEE sl?ill haw tM optio~ ro rocsive and apply tM s~ms on aaa?m of tM Ind~bt~d- nsu wcwed hereby a ro pe.mit s~id MORiGAGORS ro nuiw u~d u~ it a sny pan thereof fa o~her purpos~s. without the.eby waivirg u~mpai?- irg u?y puihr, li~n or righ~ w~d~r or br vinu~ of this mortpa~et +~d in the went ssid MORTGAGORS tl++~II iq ~ny ~e~son fail to keep the said pr~mises so irou~ed, o~ fail b deliver promptly any of ssid polities of insuwnc~ ro sald MORTGAGEE, or fail ptomptty to pay fully +nY p?emium therofor a in u?y r~~p~ct fail b p~rform, dischupe. ~xecvts. ~ff~ct, compl~te, oorr~lY with ~nd aEids by tttis aovawnt, a any pa„ hKeof, said MORTGAGEE may pl~ce ~nd p~Y fa such inwranc~ w ~nr put th~rwf without wahrinp a aff~tlkg any option, li~n, eqviry. a riyht ~ndar o~ bY virna of this Matyap~. ~nd the full amovnt of each aod wsry wch paymH+t shaN b~ immediattly dw ~~d p+Yabl~ ~nd shall bN~ intereit from tl+~ dats theraof w?til paid ~t tM ratt of nin~ pK ce~tum pK anrwm and tagether with such interest shall be secured by fl+~ (i~n of fhis mort~g~. I. To permit, oonurut or suffa no wub. impairment or deterior~tan of said propKty or any put tMreof. i S. To pay sll and unyulu tM cosn, charpes +nd ezpenses, tocludinp a nawasbl~ ~ttoroey's fe~ and cosn of abstracts of titb, incvrced or p+1d at ~ any time by said MORiGAGfE, beause w in the e+ent of the failun on tM part of fh~ ssk! MORTGAGOR lo duly. promptly ud fvlly paform. dischuy~; ; sxecv». ~ffsct. oomplete. comply with u+d ~bide by each and fvery tlp stipulstions, apreamen~s. conditions, and covau~ts of said promiuory not~ ~~d thw ; martpape any or eithar. and iaid costs, ch+r~es +~+d ~xW^ses, e+ch and ~very. ~h+ll M imm~di~tdy due and payable: whe~her a not there be r.otice dr ~ mand. anempt to collect w wit pendinp~ ~r?d the full ~rt~ou~t of sach and wery wch paYmem slyll bear intorest from the date tMreof u~til p~id d fM ~ rate of nine per centum per an~wm; snd sll said costs, charpes ar?d expN?ses intwred or paid. ~ogttMr with sucA Interpt. shall b~ aKUtsd by th~ litn of tha ~ mort~y~. ~ 6. i1Nt (a) M the event of any breach of this Mortg~p~ w d~favlt on the {»rt of the MORTGAGOR, or (b) in the ~vent my of ~aid sums of nwney ~ herein referred to be not promptly and futly paid within thirfy (30) days next afte? the same ieveralty become due and payable. wi~hout dert?~nd or notite. w(c) in the event each and every the :tipulat~oro, agreemenn, condiYans and coveo+nn of s+~d pro.nissory oote snd th~s mats+9e ~ny or either aro no1 ~uly, promptly snd fully periwmed, discharged, ezecuted. ~ifected, compkted, complied with ~nd abided by, then M~itM? a sny such ~wnt tFN s~id a¢ yregate wm mentaned in ssid promissay ~ote then rem~ininp unpaid, with inte?eat aurued. ~nd sll moneys secwed hereby, sh~ll becortw dw a~d pay- able fathwith, w thereafter, at the oprion of said MORTGAGfE, +s fully snd compl~tely es if •II of the said wms of mor?ey wen apinally stipulated ro be paid on iuch day, anything in said p~omiuory note w in this Mort9age to the contrary notwithsunding; and thereupon or thereafter d tM option of said MORTGAGEE, without notice w demsnd, wit at law or in pcisy, therefwe or thereafter be9un, may bs p~oiecutad +s if moneYS tecv~ed hereby hsd matwed pr~or to its institution. 7. That in the event that at the beginn'ir g of or at sny time pending any suif upon this Mwtgsge, w to foreclose h, or to ~eform it, w fo enforct paymcnt of any daims herevnder, ~aid MORTGAGEE sMll apply to the CouN having jwisd'+c1'an thereof fw ths appoi~tmer?t of a Raceiver, s~ch Court sMll forehwith sppoint a receiver of saif! rtwrtqsged property all and sirgvlar, irxlud~ng all and si~gular the incoms, profits, issues and r~venues from whatewr source derivcd, eath and every of whith, it bei~p expreuly undcrstood, is hereby mortgsged as if specifically tet fwth and dewibed in the ~r~ntinp and habeadum clauses hereof, a~d such Receiver shall have sll the bo~d aod effective furxtions and powers in anywise entrusted by • Court ty a Receiva, and ~uch appoi~tment shall be made by svch Court as an admitted equiry ~nd s m+na of absolute riyht to said MORTGAGEE, ~nd witFaut re(ereno~ ro tM adequscy or inadequacy of the value of the property mwl9aged or to the wlventy or insolvency of ssid MORTGAGOR or the defendants, and that such rems, profits, income, iswes snd revenuss shall be appliad by tuch Receiver ~ccordinp to the lien or puiry of said MORTGAGEE ~nd the practia of such Court. 8. To dufy, promptly snd fully perform, discharge, execute, effect, complete, comply with and abida by eath and every ths stipulations, agresments, conditiom arxl coven~nts in said promissory note and this mortysge set forth. ' 9. That in the event the ownenhip of tF~e mortg+qed premises, a ariy pa?t thereof, becomes wsted in a p~rson other tMn tM MORTGAGOR, ths MORTGAGEE, Hs succeuws +nd suiyns, msy, without ~otice to the MORTGAOR, desl with tuch tucteuor a wccessor in interest with reference to thb mortyage and the debt hereby secured in the same mame? ~t with Mortgagor withoul in any way vitiati~ep or discharginy the Mwtg~pon' li~bility hert- under a upon the debt hereby secured. Na ssle of tM Fremises hercby mortgaged and no fwbesranp on th~ part of the MORTGAGEE or iri waessors w assigns +nd no extension of the time for the payme~t of the debt hereby secured yiven by the MORTGAGEE a it: sucuuas w assigro, shall operat~ ~o rekase, dixharye, modify change w affect the origina) liability of the N10RTGAGOR hetein, ~ither in wFwk or in psrt. 10. It ii specifically sgreed th~t time is of the essence of this tontract and tMt no waiver of ~m oblipat'wn hKeu~der or of tl?~ oblly~Yan s~ cured hereby thsll at any time thereaftcr be held ro be a waiver of the terms hereof or of the irotrumeM secured herby. 11. In add~~ion to the fwego:ng monthly payme~ts of princ:pal and interest required by the promissory nole setured hereby, mortgagor Cowrunfs and ~grees to pay to mortgagee with each mo~thly payment an add~tional sum estimsted by mwtgagee to be equsl to 1/12 of the annud cost of the follow- ing: A-All real property taxes kvied or assessed against the above described real estate. B-Premiums on fire and wlndstam iravrante as herein requ~red to be carried o~ the improvements sitwte on the above dewibed premises. C-Premi~ms on such mortgage gwranty insurar~ce as mortgsgee shsll from tinx to time deam fit to c~rry on the loan secured lxreby. Mortgsgee shall from time to time notify matgagor in writing of the amount due and payabk hereunder and such sum shall thereupo~ be due and payable o~ the due date of the next monthly payment and each successive mo~th thereafter until mortgagee tMll notify mortgagw of a chanye in s~ch amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwrsnce prem.wns, and morfgaye ywranfy inwrance ~xemiums. ( tN WITNESS WHEREOF, the said MORTGAGOR has hereunto s~t his I~and snd seal the day and ~r fint aforesaid. Si~nd. Sealed ~nd delivered in the presence of: / . n S TE OF FLORIDA ~ . S5. CouNiY OF 'S t L- p S.f„• pe,wr„~~y ,pptu,d Reais D. Tre elner .~d Genevieve S• Trefelner his wift, to me well known and known to rn~ to b~ ths individwb deacri!»d in snd who ~x~cut~d tM for~yoinp iiutrurt~ent, and acknowtedped befon rrw th~t tMy ~xecuted tFN sart~ for tM purpowa ` i ther~in ~xpressed. Md tM aid Genevip~•e C Trofsslnor . ! wit~ of tM ~aid Reflj s D Trefgl rtQr ~ vpon a~epara» and pivate exun~natan by me tsken separat~ ~nd .pan from her taW huiband, ~cknovvledyed w~nd befor~ m~ that sM executsd said irotrvment frNly.aud~~bMin~; r~rily u~d without ~ny tomp~bion, conslraint, ~pprehe~sjqA, or ftar of or from INr uid huaband. i:ii • WITNESS my Mod and offkial fNl tF~is 7~~ d.y ot . ''jl~.•D~•t9~-. ~ ~ c~ ' . ~ - ~.ry r~a+~ .~a ror +n. s~.~ of rw?~d. ~frt~ror . u~r c~+.~ •~w; !.2 - 3- 7Y- ~ ~ L ' ; - R~w.^ Ta ' FILEp ~AND RECORDEO Fint F~a~ s~~~~~ a to~o ~a«~~t~ ST. LUCIE COUNTY. FLI~ptAl111 M~uCi, iTAR OF i101110A AT't11~Qt ~ ~ or Fa~ P,e.~e. REC~~O1/RD( VERIFiEO u• ~e~ussior, pe~. .~~e. a. 1 • Jtvyw ~+r•~• 1MROY~1~'wip 01t>1tLMOq~1 . fat Pie~c~. Florida f _ . . _ TMs Instrume~ prepared b~? '68 NOV , 8 AM 1 I: 30 ; ~irtf Federa! Sav. a loan Ass~, ~ Q-~. ~~x ~ ~ Of f01t ' q . ROt!'ER .~0{TRAS ~ CLERK CIRCUIt COUR7 . dooK~74 PacE1009 ~ cf ~ _ _ . ~~..~.~,..F