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Home My WebLink About2146 3. To place and coroinuousiy keep on ~he bui:d~~gs now or hereaitsr a~tuate on said ~and and on all eq~ipinent and perfonaliy covered by this mo~rg- ege, with sll premiums thereon pa~d in full, fire insu~ance in the uwai standard policy iorm, in a sum aNproved by ~he MOR~G%+GEE, and windet~rm ~nsurance in the usual ~~andard po~•cy iorm, in a sum appro~ed by ihe MORiGAGEE, in ~~ch company or compan~es as the titORTGAGEE ~nay dhect; and all firo and w~ndstorm insurance po~~c;es on any of sa~d build;ngs, any interest ?herem or par~ thereof, in ihe aqgr~~gare s~~~~ aforesa~d o~ in excas Ihereof, shall contairt the usual siandard mwtgagee dause or wch other clause as the Mo~tgagee may :equ~re, making the ioss u~~de~ sa~d poli- c~e~, each and evrry, peyahte to sa~c! MORTGAGEE as its inte~est may appear, and each and every svch pot~cy shall be prompuy ass ~ned end det~vired ~o any held by sa~d MORiGAGEE as further secwiry to said mortgage dzbt, and, not less than ten (10) days in ad~ance of the expirauo~ of each pol~cy, ro dr Gver to said 1'10RTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and tF.r.e shaU ~e no f.re w~:~dsto•~n insv~ance placed on any of sald buildings, any interesf therein w part thereof, unless in the (orm and with the ioss payable as aforrs~id; ar.d in the evero any sum of money beco~nes payable under such policy w poCcies said MORTGAGEE shall have ~he oF*. on ~o reca~ve and apply the aame on account of the indebt~d- neis Setured hlreby Or b plrmit aa~d MORTGAGORS to ?eteive and use it w any parl 1he+eoi for otn~•r pur~ cses, ...~~~~..t th u. .c:.i.i ~3 ~r r~~~~..~:- ~ng any equrty, ue~ w ngn~ unue~ or uy v~~~.,~ of this mo:!gage; and in the event sa:d h10RTGAGORS shall ~o~ any reason fall to keep il~e sa~d premis~~s so insured, or iail to delive: p~omptly any of said poGcies of inau:aixe to said MORiGAGEE, or fa:1 p:omptty to pay fully any pr•~~nwm the~etor or in anY respect (ail to perform, dischar~e, execute, effect, comp!ete, comply with and abide by th~s covenant, or any pa~~ hareof, sa~d MUR?;~AGEE may p~ace a,.o pay for wch insurance or any part lhereo! without waivinq or affec~ing any option, lien, equ~~y, or nghf under or by virtuz of ~hts Mor~gage, and the full amount of eath and every auth payment shall be immediately d~e and payable and shall bear interest from tha date thereof uniit p.,~a at the ratr of nine per cenium per annu;n and togrther vvith such interest shall be s;cured by the tien o1 th~s mortgage. To permit, commit or suffe? no waste, impairment or deterioration of said property o~ any pJf~ ~4°sT20f. S. To pay all and sin{aular the costs, cha.ges and ezpenses, including a reasonable atrorney's fee ar.d costs of abs+racts of t~r'e. i~cun~d or p.~ld at any time by sa~d MORTGAGfE, because o~ in 1he event of the fa~lure on the pa~t of the said MORTGFGOR to dufy, prornpily and fu:ly perform, d~uharge e~ecute, effed: complete, comply w~th and at:~e by each and eve~y the stipulanons, agreements, cond~~ions, and covenants of said pron~:;sory no~e and this mortgage any w e~~her, and sald cos~s, charges and expenses, each and every, shall be immccliately dve and payabte; whe+her or nof there be nonce da mand, atrempt to cotled or wit pe~d~ng; and the full amouM of each and e~ery such payment shall bea~ intcre:t from the date therrot until pa~d at the „~e of nine per cenwm per an~~u;n; and all said costs, charges and ea;xnses incurred w paid, toge~her wuh wch interest, shall be sec~red by ihe Gen of ttus mortgage. 6. Thst (a) in the event of any breacF of this Mortgage or default on the part of the A10RTGAGOR, or ;b) in the event any o( sa'd sums of mone~ herein referred to be not promptly ar.d fully paid w~~h~n th+rty (30) days next afr~r the same se~eratly beco~ne due and payeble, wnhout dc~nand or no~~ce, or (c) in the event each and eve~y ~he stipulations, agreements, cond~tfons and covenants ot sa;d prom~ssory no~e and th.s mo~igage any or e~ther are nol ~uly, promptly and fully performed, d,scharged, executed, effected, compteted, comp6ed with and ab~ded by, then in e~ther o~ any su~ evem the aa~d ag- g~egate sum mentioned in said promissory rrote then remaining u~pa~d, with inferest aarued, and a:l moneys secured hereby, shall become due and pay- able forthwith, or thereaiter, al the opt~on of said MORIGAGEE, as fully and comp:rtely as il all oi thr sa~d sums of muney were ong~~~atly snpuiated tc be pa~d on such day, anything in sa'.d prom~ssory note or in Ih~s Matgaqe to the co~trary notwithstandi:~g; and there~pon or thrreafter at ~he opt~on of sald MORTGAGEE, without notite or demand, suit at law w in equ~ty, the~e:o::: thereafter begun, may be Qrosecuted as if all monrys secured hereby nad matured pnor to ~ts institution. 7. That in the event Ihat at the beginning of w at any time pending any suit upon this Mortgage, w to foreclose et, or to reform it, or to enforce payment of any uaims hereunder, said MORTGAGEE shall apply to the Court havi~g junsd~ct~on thereof ior the appomtment of a Receiver, wch Cour~ shail torthwith appoint a receiver of said mortgaged prooerty all and singular, indud,ng all and s~ngu~ar the income, profrts, issues ar,d revenves from v~h~teve~ source derived, each nnd every of wh~ch, it being expressly understood, ~s F.ereby n+ortgaged as if spec~fically set forrh and descn6cd in the grant~ng and habendum dauses ~~ereof, and wch Receiver shall have alt the broad and eifecrive funu.ons and powera in any~n•~se entrusted by a Court to a Receiver, a~~d such appointment shall bc made by such Cou~t as an admitted equity and a matter of ab:olute c~ght to sa~d 6!ORT6AGEE, and wrthcut reierence ~o the adeq~acy w inadeq~acy of the valve of the property mo~tgaged or to the so:vency or ~nsolvency oi said AM1ORiGAGOR or the deie~~dar,ts, and tha~ such rents, profits, income, issues and revenues shall be applied by such Receiver accordu~g to the lien or equity of said MORTGAGEE and ~he p~acnce of s~ch Court. 8. To duly, promptly and fully pertorm, discharge, execute, effect, complete, comply wi?h and abide by each and every Ihe stipulations, ~gree~nents, conditions and covenants in aa~d promisswy note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, 6ecomes vested 'en a pe.son other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, wiihout notice to the MORTGtiOR, deal with such successor or wccessor in ;r.terest wi~h reference to th~s rnortgage and the d•_bt hereby secured in the same manner as with IAortgagor without in any way vitiating or d~scharging the Ihortgayors' liabiiity f~ere- unde~ er upon the debt hereby secured. No sale of the Fre~t~ises hereby mortgaged ar.d no forbearance on the par~ of the /110fcivAGEE or its successors or ass~g~s and no exre~sion of the hme for the payment of the debt he~cby secwed g~ven by ~he MORTGAGE'_ or its successors or asslgns, a~~a!t operate io re!ease, d~scharge, modify change or affect the o~ig~na! liab.llty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~fically agreed that time is of the esser,~e of this con!ract and that no waiver of any obl;ga~~on hereunder or of the obligation se- cured hereby aha~i at any time thereaiter be held to be a waiver oF the terms hereof or of the instrument secured herby. 11. In addnio? to the forego.ng month!y paym~nts of princ pa! and interest required by the prom ssery ~o~r s::ured her.rbr, mortgayor covenants and ag~ees to pay to mo•tgagee with each monthly pay~nent an add:rionat sum es~~mated by mortgagee to !re equal to 1 12 of tiir an.~~al cost of the follow- ~ng: A-All reai property taxes levied w assessed ag~3~nst the a6~ve described real esrate. y B-Prerr.~ums on fire and ~n•indstorm insv~arce as here~n requ.red to be carried en the ~mproveme~ts srtuate on th~ above dascribed premises. C-~remiums on wch mortgage guaranty insurar,~e as mortgagee shall frem r;me to time deem fit to carry on the loan secured hereby. 4 Mortgagee sha~l irom time to time notify mcrtgagcr m wrinng of the an:oum due and payable hereundrr and such sum shail thcreupon be due and j ;~yable on the due dare of the next montF.!y payme~t and e3ch successive mor.th thereafter ~~~til mcrtgayee shall not~fy mortyagor of a cF..jnge in such ; a-~ouM. $uch sums s~a:i be applied by mortyagee toward the payment of real property taxes, insurance prem.~ms, a~~d mortgage g~arar.ty insurance E , ~emiums. ~ N V~ITNESS WHEREOf. the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. t ~ ig Seal eliver in the pesence of: ~'ILEO AND REC ~ ~ ~ ST, LUCIE COUNT ~ r~(~R^ ~•r..i;- . . : ~ ~ (Seal) ~ _ ~ ~J~~~C~ ` ~ Seal) '70 ~(,1 ' 9 ~ ' ~ • (Seap ~ ~ G Z ' ° STA1E OF FLORIDA ~ .Str • 1~. ~@ ~ ~ C~ ~OUNTY OF I ~ : ^ ~ J.,._r~ i~01TR~$ r Befwe me personally appeared ~b+~3 D. Trefe ~ - and ~ Genevieve S. Trefelner is wi(e, to me well known and known to me to be ~ the individuals described in and who executed the foregoing 'nstrument, and ackrawledged before me that they executed the same for the purposes ~ rhe~ein e:prcssed. And the said Genevieve 1'refelner _ R9,~{ $ D. ?refelner u a se a.ate and ~vate ,vife of the said Po^ P P~ ~ exami~ation by me taken uparate and apart from her said husband, atknowtedged to end before me that she executed said i~str~~nent freeEy and volun- ~ ranly ar.d w~thout any compulsion, co:~straint, apprehens.o_ry~o~ fear of or from her uid husb~nd. - ~ WITNESS my hand and o~fic~al seal this___~lG _ dey of_~t~ 'er A. D. li_L Notary Pub in and ior the S~ata of florida at large - My Comm sio~ expires: / 9~~ Return To: t : ' ~ ;`E ` ' t it~ 4 ~ First Federal Sav~ngs 3 loan Associat~on `~~~~~~~t~~~~~~~I-. : tSR" ~f ~Jr~A dt ~ir~ ' 1~- . ~1 Cc,r, ::,~::,a E,- es 1+u ~ Of ioit Pe:ce Y ~ 9, b, I97~ Fort Pierce. Flo~~da ` . v`~~ ` y i'd ? VfiiYf ~i s4 , `>J ,.y'~~~r.~''•- • f % ' ~ ,`~i: ~ e ~ J. ` i This Instrument Prepared By JOhII W. COll~ d ' ~ First Federal Savings & loan Association i=,''~ J~,~ ~ of Fort Pierce Florida ~ ~2" Q ' ` ~ . ~,..~'~Jc Checked By ,~a-- ',~~J~ S' ~ ~ ' a ~ct;:x~?' ~ P ~ ~ t001c fi~~l~ ~ - ~ ~ r _ _ - ~ ~ . . _ ~ ~ 4 ~ ,~_.~~e.~:z~k~~~...~. x~~..~ _ ~ ;