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Home My WebLink About2375 ) ~ To pt~c~ •nd conrinuou:ly keep on the bvildinps now w Mr~~hK ~ifwt~ w? iaid lu~d and on +11 equipme~t ~nd perwnally coverod by thii mort~ sy~, with ~I) premiumt thei~on p~id io full, fin insura~c~ in the usual ttandard policy form, in • tum ~pproved by tM MORTGAGEE, +~d winds~am t insuranc~ in Ihs ~swl ft~ndard pol~cy fonn, in ~ sum ~pp~ovd by tM AWRTGIIGEE, k? wch company o? compan~es u tM MORTGAGEE may ~ dirKtJ and +~II fir~ and windatorm insuraeic~ policie~ on ~ny of uid bvildi~q~, any iN~~e:t thsrein o~ part lheraof, in ~M ~yre9at~ tum afprtuid o? in ~xceu therwf, sMll contain tM ~sual ~landard ma~QapN clsus~ a such otMr ct+us~ ~i tF?~ Mwiqaqee may requir~, makinp the lou undei ia~d pol~ cie~, sach and ~vNy. paYabl~ to a~id MORTGAGEE u its interest maY app~ar, and each and every such policy shall b~ pranpfly ~u:qned and d~livered to any h~ld by Nid MORTGAGEE as further seturity to s~id maty~ debt, and, not leu than tan (10) days in advance of the expiratior? of each pof~cy, to d~- liver to said MORTGAGEE • renew~l ihereof, toq~tM+ wirh • ncsipt fo~ Iht premium of svch isnewal; and tMrs shall bs no fire o? winds~orm iniuranc~ " Dl~ced u~y of said buildinps, a~y interest tF?Kein or p~rt tMreof, ~nless in the form and with tM Ioss payable st sfores+id; and in N,is event any swn of narwy becpn~s payabl~ ~nde? iuch poliq a policits said MORTGAGEE ihall haw tM optca? to rece~ve and spply ehs same on acca+m oi the indabted- ness secuted hKeby pr b pamit ~aid MORTGAGORS to rKeiw ~nd uN i1 p any pa~t thereof fa otner pur~oses, wi~hout th:~eb~ araiving or ~mpair- ing any pvitp. litn or riyAt ur~de~ or by virtw of thls mort~aye; u+d in tM wem wcd MORTGAGORS ihall fw s~y reason fail to kesp the said p~emises so inaured, p fa{i !o deliver prompfly ~ny of iaid policies of infwant~ to said MORTGAGEE, p fail promptly to pay fully any prcmium theretor w in any re~pect faif b p~rfwm, diuharye, execute, tffM, complete, comply with +nd abide by this covenan?, or +ny part htrsof, said MORTGAGEE may pl~ce and paY fa such inwranc~ w ~ny pirt thereof wit}q~t w~ivinp w ~ffactin0 any option, li~o. eGuity, w right undsr or by virtus oi this /Nortyspe. ~nd the fu!! anwunt of ~ath and ewry wch p+yment shall be irrw~aiiately dw ~nd pay~bla and shall t,ea? intereit from ths date thereof w~til paid at the rats oi nirie per ctntum psr annum ~nd together with t~ch interest shall bs tecuted by the lien of this mort9sge, l. To pKmit, commit w wtftr no wssN, Lnpairment w deterior~tion of ss~d propetry or any pan thereof. S. ?o pay all and sirpulu the cosb, chnpes u~d eYpenses, ir?ctudinp a reasonable •trwnsy i fee and cosfs of absfrscfs of tiNe, incurred w paid st ; any time by said MORTGAGEE bacause w fn the ~vent of the failuro on the part of the said MORTGAGOR to duly, promptly and f~lly perfwm, diuhar9e, executs, ~ffect, compkr~, tompy with and abSde by each and every the atipulatio~s, agreements, conditions, and covenants of said promiuory not~ and thii monysye ~ny w either. ~~d said costs, charyas and expensss, each and eve.y, shall be immediately due +~d payable: whether a not there be nor~ce da mand, attempt to colktT w wit pe~d~ng; and the full amouM of each and rrery such paymeM shall bea interosf from ~he date thereof until p~id ~t tF+e rate oi nine per ccntum per annum; and all said oosts. chu~es ~nd expensea incwrsd or paid, fogelh.e~ with such interest, il?~II bt setured by the lien of thi~ ^'ortpapa 6. Th~t (a) in the event of iny b~each of tkis Mort9sy~ or defavlt on the part of the MORTGAGOR, w(b) in the event sny of said wms of mooey herein rof~rred to be not prompNy and fully psid within thirty (30) days nexf afrer Ihe same uveretly becorr~e due anJ payable, withouf demand or notice. o? (ra in the event each and every the stipula~i«u, agreemenn, conditions and covenann of sa~d promissory note and th~s qartgage any o~ either ~re nol iuty. promptly and iuily performad. d~scMrged, executed, effected. compkted, cc,mplied with ~nd sbided by, then i~ ei~her or any such event the said ag gregafe wm meMio~ed in said pramisfory note the~ remaining unpaid, with interest xcrued, and ali moneys aecured hereby, shall become due and pay- able fwthwith~ 01 tF~QfNffN, at the option of said MORTGAGEE, u fully and comple~ety as if all o( ~he said wms of money were aiginilly st~pulated to be pa~d on s~ch day, anything in said pranisaory note a in this M«tgage ro the conrrary notw~?Fua~d'eng; and the~eupon w thrreafter at the opno~ of said MORTGAGEE, without notice w dema~d, suit aT law or in equity, therefore or ihereafter begun, may be prosecuted es if a!1 rnoneys secured hereby had matured prip to iri irqtih~tion. 7. lhat in tM evenr that at the beginning of o~ ~t a~y time pe~ding any wit opoo this Mortgage, or to fweclose it, or to rofwm it, w to a?fores paymer~t of ai~y claims hereunder, said MORTGAGEE sha~l apply to the Court having jurisdiuion thereof for the appoinrrnent of • Receivcr, such Cou?t shalt forthwith sppoint a receiver of uid mortgaged prqxrty all and singular, inclvd~ng all and singular the income, profits, iuuss ~nd ~evenues from whatever source derived, eath and every oF which, it beiny ~xpressly v~dcrstood, is hereby mo~tgaged as if specifically set fwth and dewibed in the grantinp ar+d habendum clsvses hereof, and such Receiver xhall have afl the b~o~d and effective fund~ons a~d powcrs in anywise entrusted by a Court to ~ Receiver, and such sppointment shall be made by such Coun ss ~n admitted equiry ~nd a matte~ of absolute right to wid MORTGAGEE, and without reference to ths adequscy or inadeq~acy of the value ot the poperty mo.t9syed or to the sonrency a insolve~cy oi taid 1NORTGAGOR or the defendants, and that such renu, profin, income, ai~es and ~evenues shaU be applied by such Receive~ according to the lien or puity of said MORiCaAGEE and the practice of such Courf. ' ~ ~ B. To chily, prompty and fully perform, dixhargs, execute, effect, complete, comply wilh ~nd abide by each ~nd every ths stipulatio~s, agreements. conditions aod covenaros in said promiuory note snd this mortgsge ut forth. - 9. Thst in the event the ownenhip of the mwtgayed premiaes, o. any part thereof, becomes vesteei in a penon other thsn the AAORTGAGOR, tM MOR7GAGEE, its successo~s ar~d assigns, may, without notice to the MORTGAOR, deal with such wcc~sqr w svccessw in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mo~tgsgw without in any way vitiatipg •p di~harging the Mortgagorst liability Ixrt u~de? p upon the debt hereby secured. No sste of the premises hereby mortgaged and no forbea.ance on fhe psn of the MORTGAGEE or its successors or auigns and no exte~sion of the txne fw the p~yment of the debt hereby secured yiven by 9he MORTGAGE'_ or its suttessors a suig~s, shall operat~ to release, discharge, modify change or affect the org~nal liabiliry of the MORTGAGOR htrein, either in whok ot in psrt. 10. It is specifically agreed that time is of the esunce of this contract and that rw waiver of any obl~gation hereunder vr of the obligation se- cured hereby shalt at any tirne thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments of prinEpsl artd inte~est required by the promissory note secured hereby, mortgagor tovensnh and agrees to pay to mo:tgagce with each monthly payment an add~rional sum est~mated by mwtgagee ta be equal to 1~12 of the annual cost of the follow- irtg: A-All real property taxes Ievied or assessed against the above desuibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvensents sitvate on the above desuibed premises. } C-Premiums o~ such mortgage guaranty insurance as mwtgagee shatl from t~me to time deem iit to carry on the loan secured hereby. Mortgagee shatl from time to time noti/y mortgagor in wrif;ng of the amovnt dve and peyabk he~eurder and such sum shaU thereupon be due and payable on the due date of the neat monthty payment and exh successive month thereafter urtil mwtgagee shall not~fy mortgagor of a change in such amount. $uch sums shall be applied by rtwrtgagee toward ihe paymenf of real property taxes, insurarxe prem:ums, and rtiorfgage guaranty insursnte premium3. + IN WITNESS WHEREdF, rhe said MORTGAGOQ has hereumo set his hand and seat the day and year first aforessid. { ~,1.~~ Seat~!-L_ liver i~ the presence of: . 4 n ~ STATE OF FLORIDA ~ ST. LUCIE ~ . cQUNTr o~ Bafore me petsooally spp~ared Reais D. Trefelner s„~ Genevieve S. Trefelner his wife, to me we(I known snd known to me to bs the indiv+dwb dewibed in and wFw executed the fwepoiry instrument: and acknovvkdged before me that they executed tF?e same for ths purposes rherein exqessed. And the sai Genevieve S. Trefelner wife of the said Regis D. Trefelner irpcn a sepa~ate u~d priv~t~ axamination by me taken ~epirate and apaA from her ssid hvsband, adcrwwledged to ~nd befwe me that she executed said instrument freety and volun- rarily and witFwvt arryr tompulaion, constraint, apprelxnsion, a fex of or from her said husbend. : WITNE55 my hand and offici~l aea! this^~ day oi March A D. 19~Q_ ' _.L.~i.sct~_~~~ ~1 !.''ti • Notary Public in and fw tM State of Florida at lupe My Cornnission ~zpires: Return Ta •``,~N~N~~teN~r~r~~~~f ' NpiRR: PO~i1C~ S?ATE OF fLORiOA AT LAti6E first Feder~l Ssvings 8 losn Assatiatan . +'Z ; ; ° ~ y , . `~(~~c..•...~ J• 4~. : MY CO~M~ISSIrO~N E P1RES SEPT. 23 1 3 Of Fort Pierte. • ~i~'_ _ e Fort Pie~ce. Flwida ~:r~,s'•, 6,~!aT+c ~ S'r.~LU~~1piE~JNp Z't.e a • ~A. . ; = ~t. =~'o Y~~t~: . - - N~ :tr,.2~~` RECJR~ V~i#t~;ED~ ; : • ':;''.,~,,~~_r~ Q, 191~~~. ~ - ~ - This Instrument Prepared By ~ohn ~Y tL? ~ ~ ; •~„w ; : ~ ~ First Federal Savings b loan Association ~,y -~.f.. , 7~ ~ 3 ~ M 2• 3? of Fort Pierce , F lorida , • ~ . - - - Ch~ced By`~ - ~ ~Q~>~R E'Q~~RaS ~ CLERK GtRCU1S COUAT' ~ - ~ooK 183 Pa~~237~3 f ~ . ~ , : _ _ ~~W ~ . ~ _ _ . . ~r