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S. To plac~ and contimiousy ke~p a+ tM build'ugs eow a MreaHa wtwr~ o~ s.id I~nd and on all eq~ipm~nr and perwnally covK~d br thts nwrp~
~g~, with ~II premiunu ~Aereon paid in full, fir~ ir?tur~nu in ths usw! Nandard potity fwn~, in • wm approwd by tM MORTGAGEE. ~nd wind~to~m
intwu~ce in tM uswl ituidard poi~q form. in • sum ~pproved by th~ MORiGAGEE, in s~?ch company w compaoiK ss tM MORTGAGEE m+y
d'nactr +~d all tin ~nd wiadiarm. inwru~a polkiK an any of said buitdinp~, any int~r~st thers~n or pa~f tl~e~sof, in tM a~p•epat~ sum ~fa~ssW a
In uresa tlareof, shal) contain ~hs uwal sl~ndard mortpap~~ cla~?s~ a such othK claus~ u 1M MatpsqN may req~i~~. m~kinp tM Iws urdr said polb
ci~s. ~sch uxl every. paYable to said MORTGAGEE as ils interesi n~:Y ~ppear. ~nd each and ~very tuch policy slull b~ pranptly us:~n~d and d~Uvtred to
any hsld by s~id MORTGAGEE +i fur~her sec~rity ~o satd mo. ty,:~s debt, and, r?ot laa th~n ten (10) days i~ advann of ~l+s ~xpi~ata~ of e~ch pol'~cy, to dt
liv~r 1o aid MORTGAGEE • renewal the~eof, toqetM? with a nceipr fw ths premivm of wch ren~walj and ~her~ shsll bt no fir~ a winditam i~wr~nu
pl~ttd an u~y of taid bvildin9s, any interest thsr~~n or parl thereof, unless tn ~M form ~nd wi~h rM loss payabl~ ai afa~sddJ and in th~ ~wnt any awn
of monty becomss psyable u~+det such polity or policies aid MORTGAGEE th+ll haw the optio~ ro r~ceive end apply the sank on scco~M of th~ ind~bted~
neu secured hereby w b pcYmil said MpRTGAGORS to receivs and us~ it w any part thcrtof fw oshe+ purposes. wi~hout thneb~ waivi~q a wnpaia
ir?p sny puity, tien ot ri9ht under or by virtw of this mortgape; a++d Fn tM ~venf said MORTGAGORS ihall for any reason fail to keep ths ~id pr~misN w
ir?surod, w fail to deliver promptly any of iaW policies of insurar?cs to ssid MORTGAGEE, w fail p?omptly to piy fvlly any pr~mwm therefor ot in any
reip~ct ieil b psrform, dischuge. QkKYff~ eftect, compkts, comply with ~nd ~bid~ by this eovenant, or any part ht~eof, said MORTGAGEE m~y pl~p ~nt)
paY for such inwranc~ or ~ny pan thereof without w+iviny or affeci~;,~ anY option, i'an, equ~ty, or riph~ under w by virtw of this Ma~yp~. and tM
full art~o~nt of e~ch and every i~ch paymenl sMil be immediately due snd payable and chall beu interes~ f~om ila dats thereoi v~til patd af ths ut~ of
n~ne per c~ntum per annum a~d togethe~ with such i~tereit shall ~ secu~ed by ths lien of this matya9e.
4. 1o petmit, tommit a wffer no wuts, imp~irment a detetiwstan of said property w sny part thereof. ~
S. To psy ~II and singulx the cwts, cMrges ~+d ~xpenses, includirg ~ ~e~soMble attorney i fe~ and costs of abshacts of title, incwrad or paid at .
eny time by aid MORTGAGEE, bewuse w in the event of the failwe on the pi?t of the said MORTGAGOR io duiy, prompNy and fuily pe~form, diuhu~
execule, ~(fett, comptete, comply with and ab+de by each and every the itipulations, agreements, condi~iau, ~~d covensnts of s~id promissory nots u+d thit
mort~~g~ any or eithe~. a~d sa~d cos~s, charg~ ~nd expenses. e~u. and every. shall be imrnedi~tely due ~nd payable: whether w iwt there be notice dr
mand, ~ttempt to colkcl w s~it pe~dingj and the full amount of e~ch ~nd every s~ch paymerit ihall bea~ 1Meresf from the dat~ th~reof w?til paid at tht
r~te of nine pe~ centum per annum; a~d all said costs, chu~es ~rx! expanses intvrred or paid, togethe? w~th iuch interest, shsll bt secured by th~ lia~ of thif
mwtpap~.
6. Thst in the avent of any bresch of this Morf~sye w defaull on tM part of the MORTGAGpR, or (b) in the event any of said sums of mo~ey
h~rein ~efe~red to be not prompfly and fully psid within thirty (30) days next afrer the same severally become due +~nd payable, withouf demu+d o? notice,
or (c) in the avent each and every the stipulations, sgreaments, conditions and covenanb of sa~d promissory note and this mortgay~ any or either are ra1
iuly, promptly and futiy performed, dixMrged. executed. effected, completed, compfied w~th and ab~ded by, then in either or any tuch evem tM said ~
gregate wm mentioned in said p?omissory note then remaininp unpaid, with interest acuued, and all moneys setured hereby, shall becom~ dw a~d p~y-
able fwthwith, Ot iF11.YNNN~ a~ the option of said MORTGl.GEE, as fulty and completely as if aN of ~he said wms of money were aqin~lly stipulated
to be paid on such day, anything in said promiuory aofe o? in this Mortgage to the con?rary notwithstanding; and there~pon a lhereaNar at tF~e opian of
said MORTGAGfE, without notice a demand, wit at law or in equiry, thcrefore w thereafter begun, msy be proaecuted as if afl morrcys secured herel•y
had m~wred pnor ro its i~titutior?. -
7. Tbat in the event rhat at t1~e beginning of w at any time pending any wit upon this Mortgsge, w to foreclose it, w to rcform it, or to enfaq
payment of any daims hereunder, said MORTGAGEE sMll apply to the ~ourt hsving juradiction thereof for the appointment of a Receiver, i~ch Cowt sMlt
FatFwvith sppoint a receiver of ssid mortgaged property all and singula~, indud~ng atl and singulsr the income, profits, iuues ~nd revenues from whstever
wurce derived, each and eveKy of which, it being expressly understood, ia herebr mo+~gaged as if specifiully set fath and deKribed i~ the 9rantinp snd
habendum clause~ hereof, a~d such Reteiver shall have all the broad and effective funct~ons and powers in aoywise entrvsted by a Cour! to a Receives, u~d
such appaMment shall be made by such ~ourt as a~ admitted eqviry and a matter of absolute right to said MORTGAGEE, u~d without reference fo ths
adequacy a i~adequacy of the value of the property mwtgaged or to the sotvency or insolvency of said MpRTGAGCR or the defendanK, and that such
rents, profits, income, iuues snd rovenues shaN be applied by suth Receiver accading to the tien p eqvity oi said MORTGAGEE and the practice of such
Court.
8. To duly, promptly and fvlly pe~fwm, discharge, execute, effect, complete, comply with and t~ide by eacF~ ~nd every the stipulations, agreemenri,
conditaro and covcrwnts in said promiuory note and this mortgage set forth.
9. That in the event rhe ownership of the mongaged prem;ses, or any part thereof, becomes vested in a person other tMn the MdRTGAGOR, th~
MORTGAGEE, ib successws and auigns, may, without notice to the MORTGAOR, deal with such succeuor w successor in interqt with refcrence to this
mortgage and the debt hereby secured i~ the same manner as wifh AAo~tgagor without in any way vitiating o? dixhargirg the hAwrgagois' tiability hera
under w upon the debt hereby secured. No sale of the premises hereby mortgaged and ~o (orbearaoce a+ the part of the MORTGAGEE a its succesw~s
w auigns and no extension of tF~e time fw the payment of ihe debt hereby secured given by the MORTGAGEf o~ its s~ccessors or assignt, s1uN operare
fo rolease, diuharge, modify change or affett the origina! liability of the MQRTGAGOR herein, either in whole or in part.
10. It is specitically agreed that time is of the easence of this contrad and that no waiva of any obligation hereunckr p of fhe obliyaYan ta
wred hereby shall at any time thereafter be held fo be a waiver of the terms hereof or of the instrument secured he?by.
11. In add'rtio~ to the faegoing monthly paym~MS of princ:pal and interest required by the promiuory note secured Fw:reby, mortgagor cpvenanb
and agrees to pay to mortgagee with each monrhly payment an additional sum estimated by mortgagee to be eqval to 1/12 of the annual cost of the fdlow-
ing: -
A-All real property taxes kv;ed a asses:ed against the above described real estate.
B-Premiums on fire and windstorm insurance as F~erein requ~red to be carried on the improverne~ts sitvate on the above tksvibed premises.
C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from time to time deem fit to carry on the loan secured Ixreby.
Mortgagee ahafl from teme to time notify rtwrtgagor i~ writing of the amount duc and payabk hereunder snd suth wm shall therevpon be due ~nd
payable on the dve oate of the next monthly payment and each s~ccessive month thereafter urtit morfgagee shall notify mortgagor of a change i~ sucA
amount. Such sums sha;! be applied by mortgagee toward the payment of real property taxes, inwrance prem~ums, and mwtgage guaranfy inwrance
premiums.
IN WITNESS WFlEP.EOF. the said MORTGAGOR has hereunto set his hand and seal the day and sr finf afwesaid,
' ned, Sea and v ed i the presence of: ,
~
•
n
' n
~
s re oF Moai~a ~
counrnr oF St. Lucie
Before me personafly appeared R~gi~ D. Trefelner
Genevieve . Txef elner his wire, eo ,ne ,ne~~ known a~a tnowr, to ,,,e to b.
the individwls described in and who executed tha foreyanp instrument, and acknowledged before me thst they executed the sam~ fa the pvrposea
rr,~~eM exa~d. n~,d t~ .~~a Genevieve S. Trefelner
wife of the said 9
Re is D. Trefelner a s~.~re ,~a ~.;~„t•
examination by me taken separate and apart from her ssid hvsband, aduwwladged te and before me thaf she executed said instrvmem keely and volwr
rarily and witho~t any compulsion, corutraiM, appre ~ i~or fear of or from her s~id husband,
WITNESS my hand and official seal thi+ dsy of A. D. 19 69
' Notsry P ic in and for the ate of Fbrida ~t luq~
My iuion expires: ~i'
Return Ta •
Fint Federal Savings d. loan Atsociation ~~~~.~u:itt~~~~f
Of Fort Pierce. : ' ~ ~Z y n ~~i~ ` ' ' ~:.:Ery PII~1[. ~ ~ AOfll~i it
Forf Pierce. Florida ~':r,~~~••••• a.~~
f, . ~(~p~~~ 6~ ~9n
:
. 4 d' , ~
= ~it~~¦io.ar+..isc.+
J' ' ~ RilEO AND RECOROEO.
This Instrument Prepared 8y "i ~ d~? $T. LUCIE COUN?Y. FLA.
First Federal Savings b loan Association J~-;" {~~.CORn V~~IFtED
• of Fort Pierce ''~'O;
-.~'",~i Q.:, l r7M~h~
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Chedced By J~hn tJ. Co2lins y~~~''~~ ~ 7 PM ,2 ' S
~~~~n~~,:~,,,,.~ . . '69 t~AY ~ .
- RQiE_". f' ~ 1 Rj.cJ •
~ ~ .~,i~ ~ RK CfRCli1T CDURT~
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