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Home My WebLink About1571 ` ` 1 : 1 ~~.vC~ ! • i ~x To plau and contlnuoualy ke~p on tM buitdinps rw~w w I,K~a(ta ~itwt~ on ~aid land and on dl pui{xnsM ~nd pMwnally covK~d by tht~ matp~ a~, with dl premiwris tF~eon pa;d i~ fvll, fin ii?suranc~ in ~he ~rsual s~andard policy torm, in • sum approv~d by tM MORTGAGEE, ~nd wrlnd~tonn lnsu~ann in tM viwl i~anda.d poticy form, in a wm appro,rod by ~M MORTGAGEE, in such company w oompaniet a tM MORTGAGEE may dir~d~ and aU (ir~ and windstorm ins~xa~ts policies a+ a~y of said build~nps, any iN~~t~1 tFwrein or p~rt tFw~sof, in IFw ~rey~ts wm afornaid or In ~xctu thereof, ah~D contaln tl+~ ~swl itandard mo~rl9s~~e clause w such otha claus~ a tke Mat~aye~ may rsquir~. makinQ th~ Iws und*r said polF c;ss, ~atb ~x! ewry, p+Yable to ~aid MORTGAGEE as its i~te~esl may appeu. and ~sch and ~wry tvch policy shatl b~ promptly au:ynsd and dtlivered to •ny MW by s~id MORiGAGEE s~ f~r~her setvrity to a~id morl9ag~ debf, and, ~Wf IQf1 1FNIf fM (IO~ d~yf GI idVi1MC~ OI ~he .xpi.aan of ~sch po~icy, ro d.- IivN fp Nid MORiGAGEE a renewal the~aof. to~elhe~ with a receipt fot the premium of tuch rcnewalj a~d 1Mr~ shall be no f'ue or windslo~m iniuranc~ ~ pl~c~tl on ~ny of said buildinps, ~ny inte~est therein o~ part tMreof, u~les~ in the form snd with tF?~ loss payable u afweaid: ~~+d in tFw ~vtM any wm of mo~wy becomp payable ~~d~r iuch polky pr polKies ssid ~{~pRTGAGEE sAalt haw th~ optan ro receFve and appty !hs same on atcounl of th~ lndebted~ nsss fetvnd hereby w b permit s~id MpRTGAGORS to reosiw u~d us~ it p ~ny part thereof fo~ o1he~ pwposei, without th:reb~ waiving or unpair- inp any pviry, lien or rgh~ under or by virtw of tAis mortyaye; and io ~he evenr sacd MORTGAGpRS shall fw any reaso~ faii to keep the siid pr~mises w inwntl, or f~il W daliver prwnpMy any of asid policiq of imuia?xe fo said NIORTGAGEE, w fail promptly io pay fully ~ny premium therefo~ or ln ~ny ntp~ct tail ro pKiorm, dixharp~, ezecvte, eff~cl, complete, compfy with and abid~ by this covenan~, p ~ny psn hereoi, ~aid MORTGAGEE m~y plac~ ~nd pay fw such inswurc~ or sny pah thereof without waivi~p or ~ffectiny sny option. lien, equity, or rght unde~ a by vi»w of lhis Monyap~, and the full arnow+t of each and ~vKy such payrnsnt sMll be inwnediately dw ~nd p~yaW~ and :MII beu tnte~est from 1M date the~eof vntil paid at ths ~a» ol nirx per crntum pp annum and topether with ::::h interest shall be ucured by 1he lis~ of this mortyspe. - ?o p~rmit, cpnmit w wffer no waste, impai?mcnt o? detsriw~tan of said property or any part thereof. ; S. To psy ~II ~nd stnpvla the cosy, ch~rges and expenses, includirq a reasonable attorney i fee and costs of abstracts of title, incvned or paid at eny tirM by s~id INpRTGAGEE, bacauss w in the w~nt of the fiilure on the pan of tM said MORTGAGpR to duly, pra~+ptly ~nd fully perform, dixhu~ execut~. ~ffect, complete, comply with and abide by eath ~~d every Ihe stipulations, ~greements, co~ditions, and cove~ants of said promicwry note and tFw mo.ryap~ any o~ e;~he., and sald coals, clwpes and expenses, each and every. iMll be immediately due and p~yable; whe~her w not there be notice ds mand, sttempt fo tolkct w suit p~~dinpy end the f~ll a~wunt of each and every wch paymcM sAall bea~ intereit from the dats M~ereof untit p~id ~t the rate of nine per cer~tum per annum; and alf said eosts, dwrges and expenses incw~atJ o~ paid, fogether wilh suth interest, tFwll be secured by the•lan of thi~ mortpay~. 6. Tiwt (s) in the ~vent of any breach of this Mortysge o~ default on tM ps?t of ths MORTGAGOR, w(b) in the event any of s+id sums of monsy herein refared to be not prompNy and fvlly paid withi~ thirty (30) days next after the same severally become due and payab~e, wilhovl dem~nd a notice, or in the event e~ch and every the stipulatian, sgreements, conditions aeid covananri oi said promissory note and Ih~s mortpage any or eitAer art nd ~uly. promptly and fvlly performed. disch~rged. sxecvted, effeded. compkted, complied with a~d abided Sy. then in athsr or sny such event tl» said ag gregare tum me~tiq~ed in said promiupy npts then remsining unpaid, with intere3t Kuuld, and atl moneys setured hereby, shdl beoome dw a~d p~y- able fathwith, d thereafter, at ~he option oi said MORTGAGEE, u fully and comple~ely ~s if ~II of the said wma of rnonay were origen~lly stipubted to be paid on such day, anything in said promiucry note or in this Mortgage to the contrary notwithstanding: and ~hcreupon or thereafter a1 th~ option of said MORTGAGEE, without no~ke o? demand, suit at law or in eqvity, therefore or therea(ter begun, may be prosecvted ~s if ~II mw~eys iecured hereby had m~tured pnor to in inslitwion. 7. Thst in the event that at the beginning of or at a~y time pending any wit upon this lNortyage, or te forectose N, or to relorm it, p to anforp PeYmeN of any claims hereunder, aaid MORTGAGEE shall spply ro the Court having jurisdrction thereo! fw the appointment of a Receiver, such Court sh~ll forthwith appoiM a receiver of said mortg~ged prpperty all and singuiar, includrtg alt and singulsr the income. Profits. iswes and reven~es t~om whatever source derived. each and every of which, it beinp exprculy understood, is hereby mw~gaged as if specifically set fath and described in the pranti~p and habendum clauses hereof, and such Receiver shall hsve all the broad and eifective func~~ons and powers in anywiu entrusted by a Cowt to a Receiver, ~nd :uch sppointmeM shall be made by such Court as an sdmitted equity and a marre~ oF absolute right lo wid lNORIGAGEE, and without reference ro fhs edequacy or inadeq~acy of the value of the property mortgaged or to the sotvency w inwlvcncy of said MORTGAGOR w the defendants, and that such renu, profits, income, iss~es and revenues shall be applied by such Receiver according to the lien w equiy of said MORTGAGEE and the practice of auch Covtt. B. To duly, prompNy and fulty perform, dlscnarge, execute, effect, cornplete, comply with ~nd abide by each and every the stipulatiau, agreements, condiYrorn and coven~nts ~n said promissory note and Ihis mortgage set forlh. 9. That in the eveot the ownership of the mortgagcd prem;ses, w any psn thereof, becomes vested in s peraon other than the MORTGAGOtt, tM MOR7GAGFE, its succeuws and sssigns, may, withou~ notice to the MORTGAOR, deal with such wccessor or successw in interesf w;th ro(erer~ce fo this mortgage and the debt hereby securcd in the same manner as with Mortgaga without in any way vitiating or discharging the Mort9sgors' liabiliry hertr under o~ upon tAe deb~ hereby secured_ No sate of the Fremius here6y mortgagecl and ra forbe~ra~te on the paA of the MORTGAGEE w its suctessors or assigns and no exrension of the time fw the paymeM of the debt hereby secured given by the MORTGAGE~ or its successors or auipra, sh~ll operatt to release, dixharye, modify change a affett the wigioal liability of the MORiGAGOR herein, either in wiwk or in psrt. 10. It is specifically agreed that time is of the essence of this contract and thst no waiver of any obligation hereunder or of iM oblipatiore ~e- cured hereby shsll at any time there~fter be held to be a waiver of tha terms hereof w of the instrument secured hetby. 11. In addition to the forego:ng mw~thly payments of princ'pal and iroerest required by the prom~ssory note secured he~eby, morfgagor covenanq and ag~ees to pay to mortgagee with each monthly payrnent an addirional sum estimated by mwtgagee to be equal to 1/12 oi the artn~at cost of the foUow- ing: A-All reaf property taxes levied or assessed agai~st the above dexribed real estate. B-Premiu~ns on fire and windstorm inwrance as herein requ~red 1o be tarried on the improvements situate on the above desaibed ptemises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the toan secured hereby, Mo?tgagee shall from time to time ratify mor~gagor in ws;t;ng of the amouM due and payable hereunder and suth sum shall thereupon be tl~e erKj - payabk on the due date of the next monthty payment and each successive month thereafter urtil mortgagee shall ~otify mortgagw of a change in such amount. $uch sums sF.all ~ applied by mortgagee toward the paymeni of reat property taxes, insurance prem:ums, and mwigage gvaranfy insurance premiums. • IN WITNE.SS WHEREOF. ~he said MORTGAGOR has hereu~to set his hand and seal the day and yesr fint "sforesaid. Sipned Sealed and d ivere ' the presence of: . • q . .n o ~ STATE OF FLORIDA ~ COUNTY OF -SZ• i_ r_ia ~ ~ ! Before ms perso~slly appeared Re9is D. ?refelner ~ Genevieve Trefe2ner his wife, to me well known and know~ to me to b~ ; rhe individuab described in a~d who executed the foregoiny instrument, and sckrwwl ed before me that t ! ~D hey executed the same for tl~e p~rposes r?+~?~u, e~.~d. a~d t~ Genevieve 'rrefelner w~r~ o~ .~~d _ Reais D. Trefelner a~,.~f. exsmination by me tsken separate and spart from her said hvaband, edcnowledged to and befwe me that she executed aid irotrument freely and volw~ rarily a~d witF~ovt u~y tompuls'an, constraint, apprehsansion, q fsu of oi fran he? said lwsband. WITNESS my hand and official seal thi• t~j da of a y o. i9 69 ~ - ary Public in and fw tM Statt of Horida at Lu~ M1? Conxnission expires: Retum To: - - fint Fede?a) Sav'u~gs 3 loan Association ~',,,••••:•r~,:r'.,~~~ . I~O~it~ P{~[~ S1i~! 0~ f~011di ~t ~itq! 3 ~ , t'..,.~ ' Of Fort Pierce. ~ • C. ``'1. •y (OOifiKS10A a~w ~ 23. ~ ; . , ; ~ ~ ~ Wrt Pierce. Flwids ~ • , • io~iM b 8 : c; _ ' j : fIl.EO `~~UNtY. FLA• . ~ . , ~Jc~t1F1E = ~ - t- - ST. ~ V~~~~ 0 . . 2S This Instrument Prepared By ' ~ . r . ~ ~ ~ Yr~~~'~' - F i r s t F e d e r a l S a v i n g s b t o a n A s s o ci a ti o n I~'•. e 1 1 t ' of Fort Pierce : ' i~ ~A1~ ~ rrs ~~g G~ Checked By J. Collins _ ~ G ~ RO R POtTRAS : ~~ERK CIRCUIT COURt i j--•~Y • ~ ~1~~9 - ~ , _ . _ - - _ ~ _ - `~~.~y w_. ~ ~