HomeMy WebLinkAbout0618 . . ~ Yt ~ . ~
S. To pl+n and continuousiy kNp on tM buildinps now a hK~aNa ~itu+h on i+id land u?d on all pvlprMnt and p~.son+lly covK~d by fhia enatp~
p~, witA ~It praniums tMrson paid in fvll, tirt tnsw~+u in tM ~swl ~tandKd policy foren, h a sum app~owd by tM MORT ~GE~R ~Y
inswana in tM usw) s~and~.d pol~cy forrn, in a wm ~pprowd by ~M MORTGAGEE, in wch comp~ny a canWnia
dinctt u+d ~II ik~ u+d w'a~dstaa+ inswana polici~s on any OF fild b111I~11Qta My (flhfHt fMfOlfl Of pili flftflOf, in tM app~pa~~ wm aforesaid a
t~ u~ps~ Menof, sMll contai~ th~ uswl standard mort9a~ ciws~ a such othK ciws~ ~s tM Monqay~t maY rc4uk~, m+ki^0 tM loss und~ wid pdi~
ci~s. ~sch and ~v~ry. paYabl~ to s+id MORTGAGEE ~s its iotertat may ~pp~+t. ~nd ~+d? +~d ~wrY such Po~icY ~h+ll b~ p~anpNy au:yned aed d~l]rKed ro
•ny h~ld by s~id MORTGAGEE as iv?tha secvrity ro iaid matpa~e dsbt. and, 001 I~ss th~n t~n p0) dalrs in adv+nu of tl+~ ~apiration of each policy. ro d~
IivN ro s+id MORTGAGEE s renewal tMrwf, top~tha with a rauipt fw the pr~rnium of wch renewalj ~nd then sh+ll M no fire w windstam inwr~nc~
pl~pd on aoy of said bvildirgs, any iot~rest tiw~ein a p+r1 tMrwf, ~nl~u in iM fonn and with tM loss payabl~ as efor~s~idr +~d in tM ~wnt any swn
of ma»y becana payaW~ ~oder uxh policy a pdicas uid MORTGAGEE sMll Mw tM option to nceiv~ and ~pply tM sams on +aount of tM i~bted~
n~ss tKyryd 1N~eby p q permit sa~d MORTGAGORS 1o rlaiw and ~M H Or any put thereof iw othe~ purposes. without thareb~ waiving w~mpair•
inp anY p~?ity, li~e~ or ri~ht und~~ a by vi~tw oi this mortp+g+t +nd in tM ~veeu ++id MORiGNGORS shall fw s~y reaso~ fail to keep tF~e a+id premiaas w
inwrtd, or f~il b dtlivK pramptlY arty of ~aid polititt of inswsno~ to ssid MORTGAGEE, w f~il prompHy to p~y fully ~ey pr~mium the~~for w in ~n~
r~~pect f~il b pKform, d'+achar~e. aeecut~. ~NM. compk». comph with and abid~ by this oove~ant. a any p+rt har~of, said MORTGAtiEE may pl~a +nd
WY fo~ wch irowance w any put thsreof without w~hiop or aff~ctinp +nY optia4 ~iM, e9uity, or ri9ht ~ or by vinw of this Mat9a~. and tM
fvll amounl of wch ~nd ewry wch P+Yment sh+ll b~ irtrn~diately dw and paY+bl~ +nd sb+ll beu interes~ fran ths dab the~eof uetil paid at Nw rat~ ot
nin~ p~t pntwn per ur?um ae~d topether with suth interest shsll be satvred by tIN li~n of this mort~a~s.
To p~?mtp oommit or wffa no waste. hnp+ume~t or det~?ioratan of said prop~.ty a u?y pat ther~of.
S. To p+y ~II and slrg~rla tM cotta, cMrO~s ~++d ~xPaaes.. ieclw~inp a ~easonabls ~ttorney's f~e and oosts of abitracta of titk. incu?r~d a p~id a~
sny tirrN by s~td MORTGAGEE, b~cavs~ or in the want of tM faiiw• on the parf of tM said lNOitiGAGOR ro dvly. promptly a~d fvlly psrfam, dischar~
~xecvt~. ~ff~d. oompl~h, comply with and abid~ by exh and every ths stipulatioe?s. ayr~aments, cw~ditions, and ooven+nts of said promissory not~ and thw
^^ortyape +oY or ei~hu. and said cosa, chu~es and ~xperws. each and we.y. sMll b~ immadiatey due and paysbles whe~her o~ not ths~~ b~ nwice da
mand, +ttempt b oolkct w wit ~?dlnpt and tM full ~nount of ~ach ~nd ev~y wch p~yment shall bsa. interesl from the da» tF~ereof vntil p~id at tM
rate of nin~ pK ca+tum pa anrwm; and all s+id tosn, dwpes and expenses intwred ot paid, together with wch inettest, ihaQ b~ s~cwed by ths lian of this
moHO+y~•
b. ThN ie ths ~vem of any brsxh of this Mortyapt or d~fault on ths part of the MORTGAGOR, w(b) in the event u+y of said s~ns of mon~y
her~in ~efe?red ro be oot prompHy and fully paid within thiry (30) days next after the same seve~ally become dve and p~yabk. wittaut d~mand w nake.
or in the ~veM each ~nd ew~y ~he stip~latans. agnements, conditions and coven~nn of ss~d pran'~ssory not~ and th~s mortpsge any or either +ro no1
~vly, p?omptly ~+d fvlN performsd, discAarged. executsd. ~ffected, complsted, complied with snd abided hy, th~n ie e~ther w any such event the said g~
pregsb wm mentioned i~ said promissory note then remsieiry unp~id, with imerest xuued, ~nd all moneys secured hereby. shall become d~e and p~y~ ,
abte fwthwitl~, or theresfter, ~t the option of said NIORTGAGFE, as fully ud canpletely as if ~II of the said wms of money were agin~lly stipulated
to be psid on sud+ dsy, anythiny in said promissory note or in this Mort9spe to the tontrary notwithstanding: and thereupo~ or tlxreafta ~t tM optioe~ of
seid MORTGAGEE, without ratice w dem~nd, suit at law w in equiy, thereForo or tF~eafter bcgun, m~r be {xoaecuted as if sll ma~eys sacwad hs?tby
iiad mat~rted p~Wr to iri irotitution.
7, ih~t in tM eve~t that at the begirn+i~g of or at any tims pendiny ~ny wit upon this AI1o~tgs~, w to fonclos~ h, or to reform h, w to enfaa
payment of u~y claims hereunde?, said MORTGAGEE sMl~ apply ro the CouA having jwisdiction thereof for the appointment of ~ Receiver, wch Covrt shall
iwthwith sppoiM a receiver of said mortpa~ed property all u~d s'u~qulu, inclvd~np ~II and singutu tha income, profits, iuues and reven~es from whatswr
wura d~riwd, each ~nd ~very of w}iKA, it beirg exprculy w~deritood, is hereby mortgaged ~s if specifically set forth and destribed in the 9nntinp and
hnbendum dauus hereof, and such Rece+va shall have ~U tF~e broad and effactive fvnct~w?s and powen in anywise entrwted by a Court to ~ Receiver, and
•uch appoi~tment sFwtl be m~de by such Court as ~n admitted equity and s m+tte~ of absolute r'pht to ssid JNORTGAGEE, snd without rekrance to ths
adeq~scy a in~deqwcy of the val~re of the property mortysged or to the wlvency o~ insolvency of said MORTGAGOR w ~he defeodann, and that wch
renrs, profit~„ i~+corne, issues +~d revenues Slfi~~ DQ i~f~I~ by ftKFl RKlIVlf xcording to the lien or equiry of said MORTGAGEE and the practics of such
COVfT.
8. To duly, pranptly ~nd fully perform, discharge. execute, effect, compktq camply with and abide by each snd tvery th~ stipulatiorn, agreements,
conditions snd cove~ants in said promissory rate and this mortgage sct forth.
9. Thst in the event the ownenhip of the mortgaped premises, or u~y part thereof, becomes vested in • person other th~ tM MORTGAGOR, the
MORTGAGfE, ifs succeuws ~nd auiyns, n'?ay, without notice fo the NtORTGAOR, deal with such successor a successw in intetest with reference fo this
mort9aye snd the debt hereby sec~red in the sa~ne rnaro+er u with Mortgaga without in sny way vitiatug or discharging tF~e Mortgsgors' liability here-
under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORiGAGEE w its successors
or augro and no extension of the time fa the paymem of the deW hereby secured yiven by tM MORTGAGEf or i» successors or suiyns, shall opsrate
ro rekase, diachsrye, modify thange or affect the original liability of the N40RTGAGOR hcreu~, either in whde or in put.
10. It a spec~fically ~!eed th~t time is of the essence of this contnct and that no wsiver of ~ny obtigatan hereunder or of 1M obliyation sr
cured hareby shall at any time~ercafter be hetd ro be a waiver of the terms hereof or of the instrurn~nt secwed he?by.
d~tia~ to the fwego:ng rtwnthly paymenb of princ:pal and interest required by the ptomissory note secured hereby, mortgsgor tovenan
and agrees to pay with exh monthly payment an addirional sum estima~ed by mortgagee to be equa! to 1/12 of o t fdlow-
ing:
A-All real property taxes levied or assessed sgair~st ibed r .
B-P~emiums on fire ind windstorm iruurante as Ixrein r v' car improvements sitwte on the above described ptemises.
C-Premiums o~ such mortgsge guaran as mortgagee shall from time ro tume ' r on the loan ~secured hereby.
Mortgagee sha11 from ti notity mortgagor in writing of the amount due and psyable hereunder • s 11 thereupon be due ~nd
payable on the due the next monthly payment and each successive month +hereafter urtil morigagee shall notify mortgagor o ' uxh
a:nwint. ums shall be applied by mortgagee toward the payment of real property taxes, insur~nce prem+ums, and mortgage guaranty inwrante
4 ~
t WITNESS 1NHEREOF, the said MORTGAGOR Fw hereunto set his hand ~nd seal the day snd ar fust sfwesaid.
` kd and liv in the prosenoe of:
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STATE Of fLORIDA
COUNTY Of St • L.t1C 1@ ~ ~ f
sefor. m. P..wn.tly app.ared Re,~is D Tref2 ner and i
Genevieve 2refelner 1NS wif~, to me well known and known to me to be
the individwb dewibed in and who ~xacuted th~ forspoirg instnx~am, and acknowled~ed befwe m~ tMt they executed the same fw th~ purposes
rn~,e:~ ,4,d ~r~. Genevieve S. Trefelner
W~{a Regis D. Trefelner upoa ,.ep...te .~a piv,a
examinatan by ms ta4en sep~rate ae+d apa~t fram her said fwsband, ackewwl~dped w and befor~ rt~e ihat shr txecuted said irntn~nt frMly and voluo-
rarily and w~Ihout ~ny compubion, coosnaint, app~~ w f~x of or from he~ s~id twsMnd. -
'%iii.'
w~TNESS my h.~d «,d offk;.t s«~ ers 7~ day of Januar ~ --~c C. 1Qr~
~ • ~ . ~ ~ t{ -
Noqry Pvbtic in and Ea tM ~Irle ofiE~o?. larp! . ~
My Commission eapires: . ~T'J/~ ~ ~ - .
a~w~ Ta F~ILEO~ ANO RECORDEO ~
F~ F.a...~ s.~~o, s~ ~..«N~~ ST. LUCIE COUNTY. FLA: r~r~C. ii~.. ~w~tt~ l:_
MY COMM~SSION EXPtRES CK. ' -1P71
ot F~ P;~,«. RECOR~ VERIFIED ~ow zN~~~ r~co ~r: tllt~t~}K~llst ~
F~ P~.«. F~.~. 1'7360y ~ - ~~f~~
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'69 JAN d A!t : 29
This Instrument Prepared By C2~"
First Federol Savings b loan Association _ ;
~ of Fort Pierce R ER r'OITRAS
CLERK CiRCUIT COUR7
Chedced By w• Goll in ~ ,
~ ~~~5 ~ sis .
1 ~ j -
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