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To piece and continuously keep on the bui;dings now or hereafter situate on sa~d Isnd and o++ all equipment and perso~ally coverod by fhif mO:f¢ ~gs, with all premiums thereon pa~d in 4u11, fire insure~ce in the usual standard policy (o:m, in a sum approved Ny the MORiGAGEE, and w~nds?orm insurance in ihe usual sta~dard pol~cy fam, in + sum spproved by the MORTGAGEE, in such compa~y o~ compan~e~ as ~he MORTGAGEE m+y d~rects and all f~rs and w~ndarorm inswance potiues on any oi said bu7ld~nys, any ~roerost therein or part rhereot, in tF+e aggrega~e sum ~fwesaid or in excess thereof, thall contain the usuat s~andard mortgagee ciause w svch othe~ clause as the Mortpagee may requ~rt. makinq the ~oss under sa~d po~F ~ c~ef, each and every, payab!e to said MORTGAGEE as ib interest may appear, and each and every auch po~i:y ihall Ix promptly ais.gnrd a~d de~ivered ~o •ny held by uid MORTGAGEE as fu~ther securi~y to said mortyage debt, and, not less ~han ten (10) dsys in advance of the expirat~on oi each policy, to da liver to said MORTGAGEE a renewal the~eof, toge~her with a rece~pt {or the premium of iuch renewal; and ther~ shafl be no f~?e or windsio~m intura~c~ pl~ced on any of sa~d build~ngs, any intereit therein o? part thereof, unless in the form and with the lou paYable as aic~essid; and i~ the event any tum : of money becomei ~yable unde~ such potiq a policies said MORTGAGEE shall have the opt~on to receive and apply ihe iame on accoum of the indebted~ ` neu setu?ed hereby or ro permit said MORTGAGORS to receive and us~ it ur an~ patt thereof Iw otnc~ purposrs, W~~t10Ut th_r.b~ wa~vi~~3 or ~mpain : in~ any equity, lien or right under or by virtue of this mo:tgaga; and in ~he tvent sa~d MORTGAGORS sF~all fw any reason fail to keep the sa~d premisei so ± iniured, or fail to delivcr promp?ly any of said policie~ ot insurance to faid MORTGAGEE, w fail promptly to pay fully any prem~um thcrefw w in sny respecf fail to perform, discharge, execute, eifect, complete, tomp~y with and abide b;r this tovenanl, or any part hereof, said MORTGAGEE may place a~d pay fw suth insurance or any psrt thereof without waiviny or affecting any option, lien, equity, or right undcr w by virtue of Ih~s Matgage, and the full anount of each and every such payment ihall be immediately due and payable and shall besr interest from the date thertof until paid at the rate ol n~ne per centum per annurri and to3ether with such imerest shall be ~ecured by tlx lien of this mortgage. 4. To permit, commit w suffe~ no waste, impairment w dete~aration of said property w any psrt thereof. 5. To pay all and singu~ar the costs, charges and expensea, including a reasonable a~torney i fee and costs of abstracts of title, incurred w paid at any time by said MORiGAGfE, because a in the event of the failure on ~he part of the said MORiGAGOR to duly, p~omptly and fully perform, d~icharge, execute, e(feu, complete, comply w~th and ab;de by each and every the stipular~ons, agreements, cortditions, snd covenanrs of sa~d pranissory note and ~h~i mwtgage any or e~ther, and sa~d costs, charges and expenses, each and every, shall be immediatefy due and payabie; whether ar not there be notice d~ mand, attempt to co~led or suit pend~ng; •nd the full anaunt of each and every such payment shall bea. interest from the date thereof un~il paid at the rate of nine per centum per amium; arx! all said costs, charges an~ expenses incurred or paid, ~ogether wi~h such interesL shall be secured by the lien of thi~ mortgage. b. That (a) in the evcnt of any breach of this Mortgage or default on the part of tne MORTGAGOR, or (b) in the eve~t any of sa~d sums of money herein referred to be not promptly and lully paid within thirty (30) days next after Ihe same severatly beto~ne d~e and payable, without demand or notice, or (c) in the event each and every 1he slipulations, agreements, conditions a~d covenants of sa;d promiswry note and th~s mortgage any o~ either are nof { ~uly, promptly and Fully perfwmed, d~xharged, executed, effected, compteted, compl~ed with and ab~ded ~iy, Ihen in e~ther or any such event the said sy- i gregate sum mentioned in said promiuory note then remaining unpaid, with interesl ~cuued, and all moneys secured hereby, shall become due and pay able forthwith, or thereafter, at the option of said MORiGAGEE, as fully and completely as i( all of the said sums of money were w~g~nally stipulated to be pa~d on such day, any~hing in sa;d promisswy note a in this Mortgage to the co.~rrary notwi~hstand~ng; and the~eupon a thereafter a~ the op~~on of said MORTGAGEE, wi~hout no~~ce or demand, suit at law w in equity, therefore w thereafter begun, may be prosecuted as if all moneyi secured hereby had matured pnor ~0 1ts institutio~. 7. That in the eve~r that at the be9inning of or at a~y time pending any su~t upon this Mortgage, w to fweclose it, w to reform it, or to enfwce payment of any claims hzreunder, said MORTGAGEE shall apply to the Covr1 having jurisd~ction thereof for the appo+ntment of a Receiver, such Court ahall forthwith appoint a receiver of said mortgaged pronerty all and singu:ar, includ~ng aIl and singular the income, profits, iuues and revenues from whatever source derived, each and every of wh~ch, it being expressly u~ders~ood, is hereby mortgaged as if spec~fically set forth and described in the granti~g and ~ habendum cla~ses hereof, ar.d such Receiver shall have all the bread and effective funct~ons and powe~s in anywise entrusted by a Court to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absotute righl to said MORTGAGEE, and without re(erence to the adequaty or inadequacy of the value oi the properry mortgaged or to the sorvency w insolvency of said MORiGAGOR or the defendants, and that such rents, profits, income, issues and revenues shall be applied by suth Receiver according to the lien w equity ot sa~d MORTGAGEE and the pracrice of such Court. @_ To dv~y, orompNy and fully perform, discharge, execute, effect, complete, comply with snd abide by each and evcry the stipulations, agreements, cond~tions and covenants in said promissory note and ~his mortgaqe set fwth. 9. lhat in the event the ownership of the mortgaged premises, or any part fhereof, becomes vested in s person other tha~ ihe MORTGAGOR, the MORTGAGEE, its successors arxl auigns, may, without notice to 1he MORTGAOR, deal with such succeuo? or s~ccessw in interest with reference to thia mortgage and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating a d~xharging the Martgagori liability hera- under a upon the debt hereby secured. No sa!e of the premises hereby mortgaged and no forbearance on Ihe part of the MORTGAGEE a its suttessors or assigns and no extensEon of th~ time for the payment of the debt Aereby secured given by the MORiGAGE'_ or its successws or ass~gns, shall operate ~ 1o release, d~scharge, modify change or affect the original liability of the MORTGAGOR here~n, either in whole a in part. 10. It is specifically agreed that time is of the essence of this contract and thal no waiver of any obligation hereunder or of the obligation sr ~ cured hereby shall at any tirtie thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. ~ 11. in add~t:on to the fwego:ng monthly payments of princ'pal and interest required by she prom~ssory note secured hereby, mortgagor covenants and ag~ees to pay to mo:tgagee with each monthly payrnent an addirional sum estimaied by mortgagee to be equal to 1;'12 of the ann~al cost of the follow- ~~g: A-All real property taxes levled or assessed aqainst the above described real estate. - B-Premiu~ns on fire and windstwm insurante as herein requ:red to be carried on the improveme~~ts situate on th: a5ove desuibed premises. C-Premi~ms on such mortgage guaranfy insurance as mortgagee shail from t~me to time deem fit to carry on the loan secured hereby. I Mortgagee sha!1 f:om time to time notify mortgagor in writing of the amoum due and payable hereunder and such sum shall thereupon be due and I payable on tbe due e~ate of the nezt momhly payment and each successive month thereafter ur.tii mortgagee shall notify mortgagor of a cha:~ge in such amount. Such sums sha!I be applied by mortgsgee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranfy insurance ' premiums. ( IN TNE55 WHEREOF, sa'd MGRTGAG(?R has hereunto set his hand and sea) the day and ye firsf,aforesaid. T 5" , Sea!ed and de ' in tlx esente ofa ; ~j / ~ a~ ~ ~ Sesq al) (Se~q STATE OF FLORIDA ~ ST. UJCIE ~ couNn oF e~rw~ ~ penonally app~ared Regis D. Trefelner Genevieve Tre 61116X his wife, to me well known and krrown to me to be the individvals described in and who executed the foregang instrument, and atknowledged before me thaf they executed the same for the ptirposes therein e:pressed. And the said Genevieve Tzefelner wife of the ~~d Regis D. Trefelner upon a sepuste snd privat~ examination by me taken sepa~ate and apart from her said husband, atknowledged to and before me 1Fwt she executed said irotrurrw4l frtely ~nd volun- rarily and w~thout any compulsion, constraint, apprehensiontol fear of or from her said husband. \rC. ~.y . s November 69 WITNESS my hand and officiel seal thi~ ~y day of A:=~/ ~9 ~ . 2 ; C :.~i5'~_•. ~G ~ r!J-~„ra.~ tT~~ ~ Not~ry Public in ~nd for ths S~stl:af~. ~tbij . c_ FILE~~t~~COR~ED-•~~` -'3':`: ; • ~ Retum To: . ~ V ~ . ' C: ~ First federal Sa~i~ys b loan Associat~oo ST, LUCIE COUNTY. FLA. ;r.; ~ ~ Of Fort Pierte. p:.C~R~ VE~~FRE~ ' ~ Fort D~rrce, florida 185~42 - ~ ~ '69 NOV 20 AM 10 : 02 ~ ~ - ~ " ~ This Instrument Prepared By J. D. Chastsin c~~ ~ First Federal Savings & Loan Association RO~ER POITRAS \ ~ of Fort Pierce ~ Flozida CLERK CfRCUIT COUR7: ~ Check 80GK ~~1 PACE ~~3 ~ ~ ~ ~ - - - ~ _ . _ _ _ - _ a _~__f~ ~