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Home My WebLink About0327 ~ ~ . . . . ~ i E 3. To plac~ and continuovsly ke~p on the buildir+gs now w MnaftN Ntuat~ on s~id I~nd ~nd on all eq~ipment and p~?anally covsr~d by thh mortQ~ ~ye, wiih dl praniums tMr~on psid in full, fir~ insvr~nce i~ the vsual sundard poiicy fwm, in a ium apptov~d by tM MORiGAGEE, and winditorm insuranc~ i~ tM uswl standard policy fam, in s sum approved by tM MORTGAGEE, i~ wch tompany a compa~ias as tM MORTGAGEE m+y d~rectj ~+d +II ~n snd w~nditorm ins~rsno~ policies on any of said buildinps, ~ny inlerqt therei~ w p~?t thereo(, in ~hs a~~epatt wm ~forss+id a in excess thereof, shall contain tM vswl standard mortgay~t clavw a:uch oths~ davs~ es tM N1o+tga9ee may requ~r~, makinp tha Iws under said po1F ; cie~, ~ach and ev~ry, p~yable to s~id MORTGAGEE u ib inte~at m~y appeu. u+d each and tvery tuch policy ~ha:l be promp~ly +ss:9^ed +~d deliv~red to ; any held by said MORTGAGEE as (urtha security to ssid mwtysge debt, and, not less than ten (10) days in adv~nce of the expi~atwn of each policy, to da live~ to taid MORTGAGEE • rtnew~l thereof, topether with • reteipt fw tha prRmium of :uch ronewal; and thers thall be oo fire or windstorm insurance j plsad on ~ny of isid buitdings, any interest thereie or part thereof, vnleu in the fwm and with the loss payable at afuessid; ~nd in the event ~ny sum ~ of nwney becomes pay~ble vnde~ such policy o~ policies said AAORTGAGEE shall Mve the optan to ~eceive and apply the same on account of tM indebted neu secured hereby o~ to permif said MORTGAGORS ro ~eteiw ~nd uff it p•ny part thereof for othe~ purposes, without thrreb~ waiving M ~mpair- ing ~ny eqv~ty, lien or ripht under u by virtw of this morsys~e; ~nd in tM evem said MORTGAGORS shall fw aey reason fail to keep the said premius so ( insu~ed, or fail to deliver promptly any of said policies of insuror?ce to ssid MORTGAGEE, or fail promptly to pay fully any p~emium therefor a in any respett f~il b perforrty diuhargc, executs, effM, complete, comply with ~nd abide by this tove~an?, a ~ny part hereof, said MCRTGAGEE may place a~d pay fw such inw~ance or ~ny part tF~ereof without wsivi~p w ~ffectiny ~ny optio~, lien, equ~ty, a r~ght unde~ w by vi~tw of this Mort~a~e, +nd ~he full amovnl of sach and wery such payment shall be immediately due and payable_ and shall bear interes? from th~ date thereof ~otil paid at the rate of n~na per centum per annum and to~ether with such i~terest shaU be secured by tM lien of this mortgsge. 1. To psrmit, tommit w suffet no wut~. impairment or deteriontion of said property or any part tlxreof. ~ 5. To pay all ~nd sinyular the costs, char~es ~nd e:pe~+ses, includirg a reasonabk attomey i fee and costs of abstracts of titie, incvned w paid at any time by said MORTGAGEE, beca~se or in the eve~t of the failure on the part of tM taid MORTGAGOR ro duly, promptly ~~d fully perform, dixhugR execute, effett, complete, comply with and abide by each and every the stipulations, agreemenn, conditions, ar+d covensnts of saed promissory note and thii mortyape any a eitha, and sa~d cosn, chargq ~nd e:penses, esch and every. shall be immediately dve and payable: whethcr w not there be notice de~ mand, attempt to tolkct w wit pendingt and the ful) arnount of exh and every such paymeM shall bear intcrest from the date thereof until p~id at the rate of nine per tentum per an~~um; and all said tosts, tharges and expenses inturred or paid, togethet with such interest, sMll be secured by the lien of fhu ~ ~ ~9+W- i 6. That (s) in the event of any bresch of this Mortyaye or defa~lt on the part of the MORTGAGOR, w(b) in the event any of sa~d wms of money • j herei~ referred to be not promptly and fully psid within thirty (30) days nex~ after the same sevratly become dve and paya~ale, without demand a notice, or (c) ire iho cvent each snd every the stiputations, agrremenri, conditions and covenants of sa:d promissory note and th~s mwtgage a~y u either are not iuly, promptly and fully performed, dlxharged, executed, effected, completcd, compl~ed with and abided 'oy, then in e~ther w any such event ths said ag gregate wm mentaned in said promiuory ~ote fhen remaining unpaid, with interest accrued, and all moneys xcured hereby, shall become due and pay- able fwthwith, « thereafter, at the option of said 1NORTGAGEE, as fully and completely as if all of ~he said wms of mo~ey were originally stipulstcd ro be psid on s~rch day, anythirg in sa~d promiuory note or in this Mortyage ro the controry notwithstsnding; and thereupon or thereafta a~ the option of said MORTGAGEE, without ~otice w demand, suit at law or i~ tquity, therefore o? thereaftcr begun, may be p?oxtuted as if all rtwoeys secvred heteby had matured prwr to iK institution. 7. That in the event that st the beginning of or at sny time pe~ding any svit upon this Mortgage, w to faeclose it, o? to reform it, w to enface payment of any claims Ixreunder, isid MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appoi~tment of a Receiver, such Court sha~l Forthwith appoint a receiver of said rtw?tgaged property all and singvla?, includ~ng all and singular the iruome, profits, issues an~ revenues from whatever source derived, eath and every of whith, it being expreuly understood, is hcreby mortgaged as if speufically set fwth and dcwibed in the graNing and habendum clauses hereof, and such Receiver shall have all the broad and effective funcnons and powers in anywise entrusted by a Cou~t to a Receiver, and :uch appointment shall be msde by such Covrt as an admitted equity a~d a mattei of absolute ~ight to said AhORTGAGEE, and without reference to the edequacy or inadequacy of the vslue of the property mortgaged or to the solvency or insolventy of said MORTGAGOR a the defendanri, and that such renrs, profits, income, iuves a~ revmues ahall be applied by such Reteiver accord~ng to the lie~ or ~quity of said MORTGAGEE and the practice of such Gourf. 8. To duly, promptly and fvlly perform, dixharge, execute, effM, mmplete, comply w~th and abide by each and every the stipulations, agreements, condiians and covenants in said promiuwy note and this mortgage set fwth. 9. That io the event the ownership of the mortgaged pre~rrsises, a a~y part thereof, becomes vested in a person other than the AAORTGAGOR, the MORTGAGEE, ib succeuors and suigns, may, without notice to the MORTGAOR, deal with such successor or succeswr in interest with reference to fhis mortgage and the debt hereby setured in the same manne~ as with Mortgagw without in a~y way vitiating a diuha~ging the INortgagors' liabil~ty hert under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no iorbearance on the part of the MORTGAGEE or its successws or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ or its successors o? assigns, shall operate ro release, discharge, modify change w affett the original liability of the MORTGAGOR herein, eithet in whok or in part. 10. It is specifically agreed that time is of fhe euence of this contract and thst no waiver of any obligaYwn hereunder or of the obligation st cured hereby shall at any time thereafter be held fo be s waiver of the terms hereof w of the instrument secured herby. ' 11. In add~~io~ to the fwego:ng monthly psyments of princ pal and interest required by the prom~ssory note secured hereby, mortgagor mvenants and agrees to pay to mortgagee with each monthly payment an add~rional sum esrimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-Afl real property taxes levied a assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as morigagee shall from time 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 hereu~der and such sum shal) thereupo~ be due and ; payable on the due date of the next monthly payment and each successive month thereafter ur.til mwtgagee shall notify mortgagor of s thange in such ~ amou~t. Such sums sh.ail be applied by mortgsgee toward the payme~t of real property taxes, insurance prem:ums, and mutgage guaranty insurarxe ~ j premiums. ~ IN WITNE55 WHEREOF, tF?e said MORTGAGOR has hereunto set his hand and seal the day and year first aforesa" ~ Signed, Sealed and delivered in the presence of: . ~ ~ ~ , _ n ~ n i € . ~ STATE OF FLORIDA ~ ~ Lucie ~ counmr oF St. ~ e~ta~ ~ personally aQpesred Rec~is D. Trefelner ~„d ~ Genevieve S. Trefelner hii wife, to me well known and known to me to be the individwls described in and who executed the foreyoi?g instrume~t, and acknowl~ ed before rt+e that they executed the same for the purposes ~ Genevieve S. Trefelner ~ rnerein expreued. And the sa~ ~ Re is D. Trefelner wlfe of rhs said 9 upon s separat~ snd priv.t~ ; examinaYron by me taken sepa~ate and apart from her ssid husband, adcnawledged to snd befwe me that she executed said instrument.f~Nty ~nd.volwr ~ rarfly ~nd without ~ny compulsion, constraint, ~pprehens~on, w feu of or from her ssid husband. j: ~ ; WITNESS my Mnd and official seal thi: ~ d~y of "j~Q . 1R. D.~19 b9 ~ ~ ot~w ~n~ C - • ~ I , ' . Notsry Public in and iw ttw Stata ~of Flqsid~ al l~rys = ' . _ * . . , My Commiuion expires: ; n ~ ' _ Return Ta . ~ Fint Federal Savings s ~o~ ~~at~ FILED AND RECORO$.D- ~ . ~ L ^ : ~r,: of Fo~~ P~e?«. ST. LUCIE COUNTY fLA. _3_7~ ~ ~ FRIF4ED ~ - ; : e Frnt Pierce. Florids C~ R V y ~r'JN~~~ r r / ~ ~ ~ 6 9 ~ U N 10 PN t2 ' i e ~ This Instrument Prepared By ~ First Federal Savings b loan Assoaat~on ~ of Fort Pierce ~K Q{YRAS ~ CLERK C1R U17 COUR7' ~ Chetked By T- ~=bae twi n ~ i78 ~ 3~6 ~ ~ cf ~ - - - - - - . - ~.~~__,_r_ _ . . . _ , ~ ~ . __.,y~