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TO P~K~ and ca+~inuously keep o~ the bui!~lingi now o+ hereai~er ~~tuata on said ~and and on al( rqu~p~nent and penonaliy cover~d by thii mprg-
•gs, with ~II premivmf Ihereoo pa~d i~ full, lire insurance in ihe utual sta~idard po!~cy foam, in a sum ay.pro+ed by thz MOR~GAGEE, and w~ndsrorm
~nsurance i~ ths usual standard poLq fo~m, in a sum ap,~ro~ed by the MORTGAGEE, i~ wch <ompa~y or co~npan;es as t~~ MORIGAGEE may
direttt and a11 fi~e and w~ndsrorm inwrancs po~~ues on any of ~aid buiid~nqs, any inte~ea~ therein or parf thereof, ir~ the aggregate t~m afaeiaid w
in eacess thereof, ahatl contein ths uiual startd,trd ma~gagee c~ause a such o~her deuse as ~he Mo~~gagee may req~~re, ma?ing thn Ioas undr~ aa~d poli~
ues, each ~nd evr. y, payabls to said MORTGAGEE as ~ts ~nirrrs~ mey appea?, and each and every Suth po~ic/ thall lx pranptly ais g~rd ar.d dai~ve~-_d to
any heM by said MOR(GAGEE ~s fur~her security to iaid mor~gage drbr, and, nor le~i ~han fe~~ (10) days in JdJdnCC O~ fhe e~;~W~wi of eACh policy, to da
livsr to said MORTGAGEE a r~newal thereof, toye~her with a tete~pt for the pre~nium of such renewa~; ar~d ~here shaN be no f~re or wu~dsto~m in~urance
p~+ced on anY of said buildings, any inlerest there~n or parf thrreof, unleas in the fpnn and w~~h the toss payable as aforeaaid; and in ~he event any s~m ~
of money becomes peyabte under ~uch policy a polkies said A10RtGAGEE sh~ll hsve the opf~an to rec~ive and appty ~he same on account o( ~he indebred- ~
ness secWed hlreby or t0 permit fa~d MORTCiA~RS to tKeive and ube it W any ~~H thr:aof for o:i~~•r ~:{ift~yllS. V+~~~~JJ~ ~fi~~~ ~r .v~~.~ y ur u~~pa~r-
ing any equity, lien or ri9h1 under o? by virfue of thia mo:sgage; and in the event sa:d MORTGAGORS shall tor any ~eason fail l0 4eep the sa~d premises so '
insured, or lail to deliver p~omptly ~oy of sa~d pol~ues oi insurance fo sa~d MOkTGAGEE, or ia~f pron,ptly to pay 1u~ly any pre~n~u~n ~hcreior o~ in a~y '
reapecf fail to periwm, discharge, execute, e~led, complete, comply with and ab~de by ~h~s covenant, w any part h~-reof, sa~d MURTGAGEE may piate a~~d
pay for suth insurance or any pa~t thereoi withoul waivirg or aiiecting any opt~on, lien, equ~ty, or ri~h~ unde~ or by vi~t~e of thi~ Malgage, and the
full amount of each and every s~th payment shall be immed~ately due and payable and shall hear intcre~t irom the date therco! until pa~d at the rate o!
n~ne pN teotum par annum and to~cther wirh such inrrreir shali !x secu.cd 6y tbe Gcn of th~s mw~gage. ~
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To permit, commil or su((er no wastc, impairmeM or deterioration of sa~d property w any parf therrof.
S. To pay sl) and singulN the costf, chargef and expertses, intluding a rea~o~able attorney's (er ar.d costs o( abs~~acts of tilte, incurrrd o~ pa~d at
any time by said MOR~GAGfE, because or in the event of the failure o~ t:x part of the sa~d MORiGAGOR to duiy, pro~»;~tty a~d fu~~y pcrfwrn, d~uharge, 1
eaecute, effeU, caoplete, tomply w~th and ab:de by each and every the st~p~la~~ons, agrEements, condrt~ons, and cove:~ants oi sa~d prom~ssory ~ote and thii ±
mwtgaye any or either, and sa~d coats, charges and erpenses, each and every, shall be im+nrdiately d~e a~d pa~ab;e: whrfher o? no~ ~here be no+rce da j
mand, attempt fo colled w svit pend~ng; a~d the fuH amount of each and every svch pa~ment shall bear in+rrest from the dare thereof ~otil psid at the j
rate of nine per ce~tum yer an~~um; end alf said costs, charges and exprnses incurred w pa~d, to~e~her w,th wch inre~est, shall be secured by Ihe 6en of th~a ~
morty~pe.
6. That (a) in the event of ~ny breach of this Mortgage or defauit o~ the part oi rhe MORTGAGOR, or ;bt +he event any o( sa:d sums oi money
herein rcie~red to be r+of prc+mptiy and fully paid within th~rty (30) dayf next tftcr Ihe a:~R~e severa:ly becomc due and payab!e, will,oul demand or notke.
er (c) in the event each a~sd every the stiputations, ag~eementft, cond~t~ons and covenants o` sa d p~o~~~~swry note and th~s mor~gage any o~ either are no1
~ufy, p~omptly snd (ully performed, d;schargad, exec~ted, etf~ted, canpleted, compi;ed wiih a~d ah~dad 5y, then in eaher o~ any such eveM Ihe sa~d ag
g~egate sum mpntioned in 3aid promissory note then remaining unpa~d, with intrre,t actrued, and ~~1 mon~ys setured hereby, shalf becume due and pay-
abie torthwith, o~ therea(ter, at the optia~ of said MORTGAGEE, as fulfy and canpletely as il a~! of the sa:d surns oi money were w~9~nally s~~pvlated
to be pa,d on such day, anything in sa.d prom~ssory nore or in this Mortgage to the conr~ary notxiiha~and~~ig; and ~hereupon o: ~he:eafter ai the opbon of
satd MORTGAGEE, w~rho~t not~ce or demand, su~t at law w in eqwty, therefo~e or thereaher beyun, may be prosecuted as if ail moneys secured hereby
had m~Wred pr~or to ds mst~tunen.
7. Tha1 in the even? ~hat ar the beginning of or at any time pend~ng any su~1 upon this Mortgage, or to foreclose it, or to refwm i1, or to enforc~
payment ol any claims he~e~nder, saod MORTGAGEE shall apply to ~he Court ha~•ing ~unsd•ct:on thrrco! for ~he appo~ntmen~ of e Receiver, such Coun shall
forthwith sppoiN a receiver of sa~d mortgaged p~ooerry all and singula~, indud.ng a:l and singular tt,e incane, prof~ts, iuues and revenues lrom whaiever
sour~e derived, eath and every of wh~ch, it being expressly understood, n hereby mongaged as if spec~litally set ior~fi and de~cribad in rhe granhng and
habend~m clauses hereo(, and svch Receiver shall have all the braad and effecnve funct o.^.s and powe~s ~n anyw+se entiusred by a Cou~1 ro a Receiver, and
s~ch appoinrmenl shalt be made by such Court as an admitted equefy and a matter of abso:ute ngM to sa~d MURiGAGEE, and with.u~ reference to the
ndeqvacy or inadeqvacy of the vaf~e of the pruperty mongaged or to the so.ver.cy or inso~.ency of sa~d MORfGAGOR o~ the defendanfs, and ~ha~ such ~
rents, profits, income, issues and revcnuas shall be applicd by such Receiver acco~d~ng to the Gen or eq~ity ot said MORTGAGEE and the practice Of such 3
Courf. ~
8. To duSy, promptty and fully perf~rm, discharge, exewte, effect, compieie, comply w~th snd abide by each and every the stiputations, sgreements,
conditions and covenan~s ~n sa~d promissory note and Ni~s morrgage set forrh.
9. That in the event tF+p owr.ership ef the mortgaged prem~sef, o. any part thcreof, 6etomes vesfed in a perwn other than the MORTGAGOR, the
MORTGAGEE, i~s svccessors and ass~gns, may, without notice to the MQRTGAOR, dea! w~th suth successw or successor in inserest with referer.ce to th~a
r.,o~~gege and the debt hereby secured in th. same mann~ as with I.tortgagor w~rhout in any way vitiating a d~schafg~ng the Mortgagori liability here- '
ur:der w upon the debt he~eby secvred. No sale of the premises hereby mortgaged a~d no fcrbearante on the part oi the 1dORiGAGEE w its successors
w asvgns and r,o exte~s~on o1 the time fw the paymem of the debt hercby secured g~ven by th. MURTGAGE'_ or its successors w ass~gns, s~~at! operate
to re~ease, d~scharge, asod~fy change o? affect fhe o.;g~nal liab,Gty of the MURiGAGOR herein, either in whole w in part.
)0. It is spec~f;caiiy egrred inat lime is oi the essence of this comract and that no waive~ of any ob=~ga~~on hereunder or o! the obligatan se-
cured he~eby shali at any time ~hereafter be hetd to be a waiver af the terms hcreot or of the instrument secured herby.
I1. In aod.tlc~ to the foregc ng monthly paymenis of princ pa) and interest requ~red by the prom isc~v nase sccured hereb f, m~rtgagor Cove~ants
and agrees to pay ro n~o•tgagee ~)tb each momh!y pa~~..ent an add~~ional wm rsr n.at.~d by mortgagee to be equa~ ro 1, 12 oi the anr.~al cost of the follow-
~ng;
A-All real property taxrs le•i~ed er assessed ag~i~~st the above describcd real estate.
B-Pr~~rr;;,rns on f~.e and w~ndstorm inwracce as herein requ~rpd to be carried on th~ ~m;,roven+ents situarr on the above desv~bed premises.
C-Pre~*:ivms o~ svch mor~g~ge ~uaranty ir.sura~.ce as mortgagee shail fro~n t me to tfine deen fit to carry on the ban secured heceby.
Mortgagee sha~~ Ercm time ?o tim.e notify mengagor i~ writ~ng of the arnov~t due and payable here~nder and such sum sha?~ thereupon be due and
~.a~able on the due da~e of the next month'y pry~nent and each successive mo~~th tfiecealter ur.t;t mortgaqee sha!! not~fy mortgagor of a change in such
a-~ount. $uch sums shal be applied by mortgagee ~oward the paymeni of real property taxes, i~surance prem,ums, a~~d mortgage guaranty insurance
~ ~emiums.
IN Y~I?NE~S WHEREO~, the said MORTGAGOR has hereunto set his hand and seal rhe day and year fiirst afo.esaid.
~ Si9ned, Se+ted and delivered in ?he p~esence of: _ ~
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STATE Of iIORlDA ~
~OJNTY Of ~t.. L12C :.e ~
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Befwe me personatty appeared ~P1S n. Trefelner e~
i C~nnvieve Trefelner his wiie, to me well known and known to rtx to be
rhe ind~vidwb described in and who ezecu~ed the foregoing instrument, and acknow: ged before me that they executed the same fw the purposrs
rheretn exprcssed. Md the se~d- GE'tlE'. V 16VP S. ~re fe Zner
w~~e of the sa~d ~
t'~ ~ S D. : 6~@ ne r _ a scparate and pr~vare ~
zxam~nst~on by me raken s•_~parate arrd apart Irom hes sa~d husband, ecknowlcdged to and before me that s!ie e:ecuted said instru~nent freely and volun- i
ranty ar.d w~thout any computs~on, constraim, apprehens~on, a fear of or Iror.~ her said husband.
' ~e brtza 71
WITN~SS my hand and official seal th~s_ _ 1~.~i-.-_ day of ~ q. p, ~q
-~i.r-~a--u1_--(.~l.~t..:.i..= -
Notary Pubiic io and (or the State of F{wids at l~r~t
' My Comm~ssion expires:
Return To: ~ ~ ~~1M ~
Firtt Federal Ssvings a loan Association ~ ~~~~i~ MY C7MMIS~f7
J N EXPIRES SEPT. l~
Of Fort P.er<e. . F~0 ~~l[(~r
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' Fo~t Pie~ce, Fiorid~ _ - \ '~j. J ~ - i ' .
2(148
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This InstrumeM V~e ared B John n.• f~ ,1
i ~ ~tERK crac~~T couR1
p y ..al ~~y : RFCORD YE~tF/FO
First Federal Savings 8 Loan Association 1` ;
of Fort Pierce ~ rl Ot'~d3 ` ~ ~ • ' ' " ffe 19 9 t
~ ~'lt y
Checked By - aK ~ i,K~ ~
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