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Home My WebLink About1311 , ~ ~ ~ - ' ° • a , , . ; ~ 1. To lac~ and conttnuousl k i P Y MP a+ tM bvitdtnps now or F?trtaftN ~ltwt~ on said land and on ~11 equipm~nt and pasonally covKtd by ~hT~ mort~ +y~, with ~II premiumt theroa~ p~id i~ {ull, fin ir?su~~nu ie~ tM uiwl ir~edard pol;cy form, ie~ a tum ~pprovQd by tM MORTGAGEE, and winditorm insw+nc~ in tF+s ~swl t+andsrd pol~cy fam. in ~ sum ~pprov~d by tM MWRTGAGEE, in wch company or cempar?ies as tht 1NORTGAGEE m~y ~ di«dr and all flr~ +nd wir~dsfwm inwranc~ policas on ~ny of iaid buiWi~ps, any inMnst thsr~ie or part tMreof, in tM a~greyate wm afo«iaid or ~ in ~xceu thereof, sMll conqin the usv~l ~~~ndud mwt~~yN cl~u~t a such othu claus~ a tl+~ N4ort9apee may requ~n, makinp the Iou unda said po1F ciK. each and ~vKy. paYabl~ ro iaid MORTGAGEE as ib interett maY app~u. and ~ach and sva?y iuch poliry ~hall be promptly su:~nsd and delivered to aoy Mld by s+id MORiGAGEE as (unher security to ssid mortpa~ dsbt, and, not less th~n ten (10) days in advar?ce of tF~ expirat~on of exh poliq, ro da liver to s~id MORTGAGEE • rsnewsl the~eof, ~o~e~hK with ~ receipt fw the premivm oi sucA renewalj ar+d thero ~all bs no firs o+ windsiaM insuranc~ placed on any of said buildinps, ~ny intereit thsrei~ or part thereof, unleu in ~h~ fam ~nd with the loss payable as aforesaid; u+d in thr w~nt any swn af mon~Y becomes p+yabts u~dsr such policy or policies said MORTGAGEE shall h~w the option ro receive and apply the s~me on accouM of the i~debted- neu ietvted hereby w to permit said MORTGAGORS to teteiw and u~t it or ~ny part thereof ia other purposes, wi~hovt thereb/ waivi~eg w ~mpair• iny aey puity, lie~? ot riyht ~oder w by virtw of this mostpayr, +nd i~ tM svetu said MORTGAGORS shall for any ~easo~ f~il to keep the ~sid premius so ir?sured, ot fail b deliver promptly ~ny of said policies of insvr~nte to said 1NORTGAGEf, or fait prompky ro pay fvlly any premium the~efa p in any rssped fail b pNforeq, dixharye, execute, effect, complet~, comply wirh ~nd abids by this covenant, or ~ny pan hereof, ssid MORTGAGEE may pl~q and paY fa :uch irowanc~ o~ u~y paN tl+ereof without waivug or aff~ctiny aey option, lieo, equity, or right unda or by virtue of ~his Mwtysq~. u+d the fvll amount oi each and ~very wch payment shal! bs immediately dw and paysbls ind sF+all be~r interest from ths date thcreof umil paid at the rat~ ol nine psr cent~m psr snnum and to~ether with such i~terest ihall bs secured by the lien of lhis mort~sge. 1. To psrmit, commit or wffar no w~ite, impairme~t or deterioratan of said property or any part tixreof. u S. To pay all uid singular the costs, cMr~es ~~d expenks, includ'ug • reasons~le ~nwney's fee and costs of aburacta of titte, incvned w paid et eny time by said MORTGA6EE, b~cavse or in the event of 1hs failwe on the part of the said MORTGAGOR to duly, prompNy and f~lly perforrn, d~xhar9e~ exxc~ts, effect, complet~, eomply wifh a~d ~b:de by each ~nd every the stipulations, agreements, cond;tions, and covenants of said promiuory note and thii matgap~ sny a ei~her, and said cos~s, charges and eapen~es, each and every, shall be immediarely dw and payable; w}?ethe? w not thsre b~ notice da mand, attempt to cotlect w suit pend~e+g; and the full amount of each and every such paymen~ shall bea. interest f~an the date thereof until paid at the i rate of ~ine per cenrum per an~wm; and all said tosts, charges and expeoses itKUrred or piid, together with such i~rerest, ahall be setured by tha tien of thit mor~0+ye• b. That (a) in the event of any bn,-h cf this Mwtgage a default on the part of the MORiGAGOR, o~ (b) ~n the event any of sa~d svms of mon~y herein referred to be not promplly a~ f~lly paid within fhirty (30) days next afrer the same uve.atly betome due and payable, witFwut dema~d oi notice. or in the event cach and every tl~a stipu~ations, agreement~, ca~d;uons and coven~nts of sa:d promisso.y no~e ar+d tA~s mor~gage any w either are not + iuly, promptly and fully pcrtormed, dlxharged, executed, effected, completed, complied with and abidcd by, then ;n either or any such event tFw said a~ gregate wm mentioned in said p~omissory ~nte then remaininy ~npaid, with intHest accrued, and all moneyt secured hereby, shsll become dut ~»d pay- nble fathwith, w thereafter, ~t the option of sa~•l MORiGAGEE, as fully ~nd completely as if all of the said sums of money were originatly stipularcd ( to be paid on suth day, anythinq in sald p?omissory note or in tFus 1Nort9age to the contrary notwithstanding; and thereupw? or thereafter at the option of said MORi6AGEf, without notice or demand, auif at !aw w in eqvity, tl~cre~o~e or thereaftc~ begun, ~nay be prosecuted as if all moneys secured hereby had matured pnor to its institution, 7. That in the event that at the beginning of w at any time pending any suit upor? this N4ortga9e, w to fweclose it, a to reform it, or to enfwc~ payment of any claims Aereunder, uid MORTGAGEE shall apply to the Coun Maving jurisd~ction thertwf tor the appointment of • Receiver, such Cour1 ahall Forthwith sppoint a receivcr of said mortgaged property alt and singulsr, irxlud~ng aIl and singutar the income, prof~ts, issues snd revenues from whatever source de~ived, eath and evcry of whicA, it being expreuiy undcrsfood, is Fureby mortgaged as if speciiitalty set fwth and dettribed in the yranring and habendum clsuses hereof, and such Receivn shall have aIl the broad and effective funct~ons and powert i~ ~nywise entrusted by a Courf to ~ Recciver, and :uch appointment shall be made by such Co~rt as sn admitted equity and a matter of absolute ~~ght to said MORTGAGEE, and without refererxe to the sdequsq or inadequacy of the wlue of the prope~ty mortgaged or to the wnrency or insolverxy of ss;d MORTGAGOR w the defendants, ar?d that such rents, profits, intome, issues and revenues shall be applied by such Receiver accordi, to the lien a ! ~g ,eq~ity of sa~d MORIGAGEE and the practice of svch 8. To duty, promptly and fully perfwm, discharge, extcute, effett, eomplete, comply with and abide by each and every tF~s stipulstions agreements, ~ conditions and covenants in said promissory note and Mis morrgage set forth. { 9. That in the event the ownersh+p of the mortgaged premises, or any part th~reof, becomes vested in a penon other tfian the MORIGAGOR, the MORTGAGEE, in sucteuors and suigns, may, wirFwut notice to the MORTGAOR, deat with such succeuor or successor in inreresr witA reterence to thi~ n+or~gsge and the debt hereby secured in tFu same man~er as with Mortgaga without in any way vitiating a dixharging the Nbrtgagon' lisbility hert under or upon the debt hercby secured. No ssle of the premises hereby mongaged and no fwbearance on the part of the MORTGAGEE w its successo~s a assgns and ra exrension of the time for the payment of the debt hereby secured given by tix MORTGAGE: or its successors or auigns shall operate to releax, diuharge, modify change or affect the w~ginal liab~lity of fhe MORiGAGpR herein, either in whole or in part. 10. It is specificatly agreed that time ia of the essence of this tontrad and that no waive? of any oblgation hereunder or of the obligaYan se- tured hereby shatl ~t any time thereafter be held to be a waiver of the terms hereof or of the instrumenf setu?ed herby. 11_ In addition to the iwego'ng ma~thly paymenfs of princ-pa! and interest required 6y the promissory note secured hereby, mwtgagor covenants and agrees to pay to mortgagee with each mo~th!y payrnent an add~~ional sum est~mated by rtwrtgagee to be equaf to 1~'12 0( the annual cost of the follow- 'ng: A-All real property taaes levied or assessed against the abave described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried o~ Ihe improvemeats sitvate on the abpve described premises. C-Premiums on such mortgage gwranty i~surar,~e as mortgagee shall irom time to time dcem fif to tsrry on the ban secured hereby. Nlor~gagee sha!1 from time to time notify mortgagor in writiog of the amou~t ave artd payable ht~eundrt and suth sum shaG thereupon be due and payable on tho dve date of the next monthly payment and each successive month thereafter ur.til morigagee shall notify mortgagw of a change in svch amount. $uch sums aF.all be applied by mortgagee toward the paymeM of real p?operty taxes, insurance prem:ums, and mortgage guaranty insurince p~ emiums. IN Wl7NESS WHFREOF, the said MORTGAGOR has F?ereunto xt his hand and seal the day and year first ~foresa' Signed. Sealed snd delivered in tfie presence of: FILED AND RECOROED' " ~ ' ST. LUC1E COUNTY, FLA. ~n . . ^nr~r, ~i~c~~~~~ ~ i'"~:~915 ~ ~ r S n STATE OF FLORIDA ~U~ ~ ~ ~ ( ~ J S ~ courm oF _~t. Lucie ~ ~a~jj'c , Befwe me penonally a~ptared R@nl S D. T ~ Genevieve S. Trefelne~ `IRrU~T COURT his wife, to me well known snd known to me to bs the ~ndw~dwts desu~bed in snd who executed the fae9arg instr~menr, and atknowledyed befae me that they executed the same fw rhe purposes ~?M.~~n e~cp.esud. and rt,e uid- Genevieve S. Trefelner wife of ths .~;e Reg~s D. Trefelner upon a sepuat~ and priwM examination by me taken xparate and apart from her said husband, +cknowledged to and before me that sF?e executed ssid instrument frwly ~nd vo{w~- rarily and withwit ~ny compuls;en, conssraint, +PpreF~erq;on, or fear of or from her said husband. WITNE55 my Fund and official seal this day of -J~~-' p=~q b9 i!a. Notary Pubtic in and tor ths Sfat~ =of Eiq~a ~(~fy~ ~ Rrturn To: 5 My Commis~ion expires: c• fl - %fj/ ` ~ - ~ fint Federal Ssvings a e~~ w~«~ata~ FtLED AND RECORD~D- , - ~ S?. l.UC1E COUNtY. FLA. , ~ , . _ ~ Of Fort Pirrce. ~ VFR'F~Ep . ~ co /~t-3• 7~ - FO~t Pierte, Florids M'Mir~- w,~ . . ~ ~ V~; '69 JU~ ! 0 PM 12 ' 1~ This Instrument Prepared By ~ First Federal Savings & loan Association G of Fort Pierce ;~~~~K p~'fRAS Chetked By -,I. Chastain CLERK CIR U~T COURT~ so~K 1~ ~s~o ~~K ~ ~ ~ ~f _ . - - ~