HomeMy WebLinkAbout1034 TO p~ace and cont~nuoufly keep o~ the bu~!dingt naw or heieatter f~t~ate on sa:d ~snJ and c>n al' eq~~~~~~~~ent and personally covered by lhit ma~g- i
age, with all prem~~mf thcteon pa:tl in 1ull, firo i~~su~a~xe ~n ~he ufval L~ai+derd po~~ty (uim, in a~~m a{p~u+cd Uy Ihe Mt~)K~v.~GEE, a~~d wu~dstu~m
~ni~ra~ce in the uawi ~tendard pol~cy fo~m, in a w+n ap~ ~u~rd by ~he A1JRiGAGEE, in such compa~~y o~ cc~~q e~~~es as thr MO~Jt;/1GfE mey
duec~; and all ti~e and winds~orm imurance pol~c~ea on any of sa~J lwitcl~~iyi. any inte~es~ ~he~ein u~ pa~t thi•rc~t. in ~he eyg~~ gat~ ?~m afo~eta~d or
in •xtefs IhercOf, fhsll Contain the usua) •1a~~dard ino+tq:~gce tleute or such olhe~ t~.+u1e as tl~e ldortyayre niey ~eyu~rp, rt~a~~i~g Ih~ iu~s undr~ fa~d pOli•
c~es, tach •nd every, payab~e to sa~d MORTGAGEE af ~ts mtcr~•~I may appcar, and cach and eve~y s~~ch ./+~'all be ~nump~iy au ~~~rd .~~~d dei.+c~ed to ~
~ny hetd by said MORiGAGEE as (wthar secur~ty ~o aa~J ~no~~ya9e d~t~~, a~~J, no~ ~.ss than t~~~i (10) d,,s i.. .+J~o~~.e o~ ~~~r o+~ ~~ar~on oS rach poGCy. to de-
liver lo said A10RTGAG[E a renewal Ihereo(, toy~eiher with a rece~pl lo~ the pren~wm ol wch rene.~a!; a~~d th;re s~~.~Il h~• no i,ie w v~,~~~.l~to~m insu~ance
plsced On any of sa~d build~~g~, any i~tcre~l thcrcln or pa~t tliereol, i~n'.css in !hc Iorn~ a~~d w~~h U•c ioss ~aye~!e ~s aloreso+d; and in ~hc event any s~m
of muney becomef psyabte under such policy w pohc~es sa~d MORiGAGfE ahall h.~v~ ~h~• op~,o~ ~o re~:~~~•~ .~~~J .,p~ ry ~he s.~~,~v on .,ccu~n~ 01 ihe ~udcbfrJ
nets fecured hs~eby a to permil fa~d MORiGAGORS to recr~vr and use il or ony p.,,t tl~~ nf t~u u:~:. r s~, v:. ..,n ...t n~~p.,~~•
inq any equity, lieo or r~ghl unde~ w by virfue of thia mo'!yayr: end in Ihe event ~a.d MOwIVAf.C.RS sh.~!1 !or any rcaion }a~l to 1~~•c~~ the ia~d ~,rer.~~ses so
,naurecl. w lei) to deLver promptly any oF a~id poLcies o1 inavrance to aa~d MOR(GAGlF..er t.~~: p~un,i,tty to prt t.,,:y anr thci~lor or in a~Y
~espect lail 1o pe~form, discharge, execute, effecl, comptrte, cov~ply w~th and ab~de liy th~s covcn.~~~~. er any p.~~t h~rcol. s•~~~j M~iRIG~~GEE ~nay p~sce a~~d
pay fw suth infurance w any part Ihereo} without waiviny or al(ectirig any opt~~vi, iien, e~iv~ty. or nqhf un~ler or L~ vLtue ot thlf Mo~~gage. ~nd the -
fuil •rnp~m al eath and ev~ry suth paymenl shall be ~mancdiately Jue and paya6te and shn11 b.~ar u~trr~•1f Iro~n ~Fw dete thcioof urnd p.,~d a~ 1he ro~e o1
n~ne ~xr cYn~um per ennum and to~ether w~th such inter.•st sha{~ he se~~md t~y the Gen ol thn mortgaya.
1. To permil, commit or auf(er no waste, impairmeN or dctrr~orahon ol sa~J proF,cr?y o~ any parl thcrcoi.
S. io pey all and ~ingular the coats, charpes +nd e¦pe~~scs, ~~~:iud~~~g a reawnabli• a~~oin.•~•'a I~~t ,~,d u•sn of abs~.,~c~s o~ nt!e, i~xur.ed or pa~d at
r~Y ~~~K by sa~d MOR1GAvfE, because p in the event of the fp;iwr un the oart of the s~~d MOkiGAGOR ro iluly. ~ror~~el~ and f„•'~ ps:forn~, d~sct~a~qn.
evecute. etlet~, cen~ptete. to~nply w~th and ab.de by each m~d e~cry t~~r ~tfp~~{er~o~~s. ay~~•c~no~~ts. co•,J~hons. and w~e ~.~~~~s of s<,;d ~a,~:n„sor~ nu~e e~,d ~h~s
,,ortga9e aoy or e~~her, end sa~d costs, charges aRd eapenses. each e~~d every..sSell be im~ne dw~e'y d~e and ~ ay.~L~r; wh~ thr,r or no~ rhere be ~ot~cr d_•
n,and, attempt to collect or w;t pend~ng; end the lull amaunt ol each end eve~y svch ~.nymen~ ah.,ll e~•a• ~~~~~~es~ 4~om ~he d,~te ~he~••oi unr~l pald al N~e
~,te of nine per centu~n pe~ am~~:n; d:~d all said coa+s, tha~yes end c.,~~•~~tie•s ~~xurrrJ e~ Na~J, twirthar wnh a~c1t u,~c~cit, ehelt bn srtu~~•d !~y Ih~ i~en 4f 1h.f
mortpaye.
6. That (a) in the e~eaf of any breach of this Mortgage or dcfa.~lr on th~- p.~.t v! ~ho t.;ORTG.~GOR, or ;h! ~n ~he cv~•~~t arrr af ~a d sums of moncy
hrrein referred to be ~ol prcvnptly and Fully paid w~thin Ihuty 13U~ days nc.t a't~~r the s•~~>>e a~•.cro'!y bc.o~~~r due a~~d ~)JyJJ Q. wnhout de:nand or nohte,
cr ~c) in the evem each a~~d evey the st~pu:a~~o~i, agree+nrnta. cond~t~o~~s and covena~~b ot sa d ~,o;n~sw~y ro}.r ~~~J th.c n,o:ryoy~ any u~ either a~e nol
~.~'.y, promptly and fully per}o~med, d~acharged, e~ecu~rd, eftected, completed, compl~ed wnh and a:,:d~•d Sy, tLen m e~~her or any wch eve~t the ~a~d ag
a•~~9a'e sum meMwned in sa~d pran~ssory nole Ihen re~*miniig unpa~d, w~tn in~errsf aci~urd, and a~l nwnc~s securcd herel~y, sha!I 6ccv~ne due and pay~
an c forthwith, or theraafte~, at Ihe op~~un oi aaid MORTGAtaif, as fuiiy and comyictrly as ~1 ait cE sa,d s:.~m of n~oney wcrc o~~g~natly st~pulatcd
to be pr;d on such day, anyt~ing in sad prom~ssory note or m ~his Morfgage to ~he co~~rrar+ no~~~~hs~a~~.f. ~y; ~~~d ~hr•.•~,~~~n tL~«~~ft~•~ at the oi:~~on of
sr:d MORTGAGEE, w~thout nonte or demai~d, su~t at law o~ in equ~ty, ~hr~e4ore w ~hr~~al~cr txyu~~, may bc p~uarcv+cJ as if ai! monrYS sewrcd hereby
nod mat~red pr~pr t0 ~ti inltiTUt~On.
7. That in the event that at the beg~nning of or at any ti~.,e pe~xling any w~t upon th~s Mo~tgage. or to }o~eucse it, or to reform ie, or !o e~force
paymem of sny ela~ms he~eunder, said MORTGAGEE shall apply to the Coure having ~un~d.c~~un th~reo4 tor ~he ap~;o~~~trne~t of a Reie~~er, such Co~rt shail
torthwith appo~nt a receiver o~ sa~d mortgaged prooerty all and siny~lar, includ•ng all a~rd s~~~gvlar Ihe incomR p~ul~ts, ~ssues and ~e,enues from whatever
se~~u de~ived. each and every of wh~ch, it befng express~y underi~ooci. ~s hereby rt,o.syo~7rd as ~1 spec~fical:y srtJorth a~d descr~bad in th~r grarom~ a~~d
haxodum dauses hereof, md s~ch Rece~ver shall heve alt the broad and elfecnve fun~t.en~ a~~d powe~a ~n anyw~se Pmrusted by ~e Cv.,~t to a Recri~er, a~~d
s.ch appointment shaU be made'by such Court as a~ admitted rq~~ty ar.d a neatter of aUsoi~te nghl to said MORTGAGtE, snd with~cut re(er~~~~e 1o the
ade~vacy a i~adequacy of the wlve of ~he property mw~gaged or to the so~vency o. ~nw!vrncy oi sa~d MORIGAGOR a the d~•h.~~d,•~!s, a•~d ~h~t wch
~e~~s. profrts, incwne, issues and revenues shall be appl~ed by such Recr~ver accor~~ng to the lien or rqu~ty ot sa~d MJRTGAGEE and ihe praa~ce of such
Court. "
8. To du!y, p~on+ptly and fully ~rto~m, dhcharge, execute, e(:e:e, .o„y.;rs~•, w~~~F,~y w~+h ant! ab~de by ench and eve~y the stipo:atio~s, agreemems,
cond~t~ons and covenanrs m sa+d promissay note and th~s mortgage srt {orth.
9. That in she evcnt the ownership of the mo~tgaged prem~ses, or any part thcrco/, 6ccomes vested in a person other than the MORTGAGOR, the
1'JRTGAGEE, its successors and ass~gns, may, witho~t nor~ce to ~he A10RTGAQR, deal w~th s~ch wccessor or wdes~o~ in interest with reterence to thia
r o•rgage and the d•:ut hereby secured in the same manr.er as w~th ~lortyagor wnho~t in any .vay vi~.a~ing o~ d•schargmg fhr Nlor!gagori liabiGty herr
.~~~der or u~on the de6t hereby secured. No sj~e of ~he Ere~n~ses hereby mO~t.~aged a~~d ~io fo:Lerarence on t4~e part o~ thr /110RiGAGEE or its successors
o• aasigns and no e~tr~siao of the time ior the payment of the debt he~eby secured given by the P~AORSGAGEt o* its successws or ass,gns, suall operate
ro re~ease, d:scharge, mod~fy cfiange er aEfect the orig+r.at :iao,I.ty of the AtiORTGAGOR herem, edtier in v~,ho~e or in parf,
1Q It is :pec;fcatly agreed that time is oi the essence ef th~s contract and that no waiver of any o6l~gat~on hereunder or oi the obligatiort so-
cwed hereby shat~ at any time therea4ter be ht!d to be a wa~ver of the terms hereo4 or of the instrun~ent ar~~~~~~ i~croy.
17 In add ~ c>~ ~o the fOrlgo ng monthty pavm~nu of prin~ nni a~.d ~~~~e~rs~ requ~red 'oY ~tie prom sscr~ no•.• srcured he+rb~, monyagor covenants
a~ d agrees te .ay to ^~o•tgagee v~ith each n,on+h-y pay: ent an ad:i ~~ona~ wm ~~it ~~.ated by mo•ryagee to ~e ey~.~~ to 1 12 of ri~e an.,~ai cost of the follow-
A--A!; r~ai Froperty taxes lev;ed or assessrd agai~~sf th•. ai,ove desrib.-d r_a! estate.
B-C•_ -„•u on f~re and v.~ndsto•m inw~ar~e as her~~~n req.:,red to be ca*rird c~ the :rr~ roveme~ts s:toate on th_• above d_stribed premises.
C-Pre~•~wr-s oo such r:o:t~sge gua+anty ir.sura~ ce as mo•tyagee sha!I 'ro+r t me to s~~ne deem f~t to carry on the ~can sec~red hereb~.
A'.o~!9agee sh~ t~cm t~me ro t,me nonfy me*tyagc. m wri+.ng of the a~~,o; ~t d~e and peyahle hereundr. a~id wch s...: sh.~'~ thareu~n be due and
.>.eb!e o~ '!+e ~~e ea~e of the ~~e:t ~:anih:y pay~rent and eacn s~<cessive me~Th t'r,e~eafi~r ~r.tif mcrtgagee sha!1 no~~fy mo~ryagor o4 a change in wch
~,,nt. Such sa•~s s~a,i be a ~ed b mort a e toward ~he a rent of rea~ ro rt taxes, insurance re:~~~.ums, a~~d r:~ort a e ua~ant insurance
FP Y 9 9~ P r~ P Fe Y P 9~ 9 Y
! ; 'e^'ivmf.
E I: YrITNE~S ::HFRcOF, fhe sa~d AM1ORTGAGOR has hereunto set h~s hand and seal the day a~ycar first afores id.
i ned, Sea~ed ered in the presenc of: ~ .
~ (.i ! -(Sesl)
E ~ r j (Seal) i
~ ~ ~ ~
~ t5ean ;
t
i
5"ATE Of FLORIDA ~ ~
~~uvrr oF ~t . i.uc ie ~ ~
eefwe me perso~ally appeared Reais D. TtCfeIAE`I' _ and
_ Genevieve S. Trefelner _ h;: w~~e, to me wcll known and kno~xn to rt+e fo be
•-.z indwidvai~ desu+bed in snd who eaecuted the foregoing instrument, and acknowledged before me that they exec~ted the seme iw the purpose~
rr,e•ein expresxd. And the sa~d Genevieve S. Trefelner _
~`e of +he sa~d _ R CU 1''a T z e f e ing~------- ~;;p,,,re and privat~
~ _^,~r.e•:.^..^. by .;.c taicen separate and apart (rom her sa:d husband, acknowledged to and 'oef~re me that she exo~td?~'~iidl~;~rU~ll.ir~ely and votum
y and w~thout any compulsion, constra~nt, apprehe~ns,o~n~,,/or fear of or from her uid husband. " ~
rF WITNESS my hand and offiual ual this-_-~Ee/.lLi.~__ day of_ • -A. 0. 19___~
~
~ ~..L~ - ' ` .
~ Notary Pu6tic in and ~r tw St f f y~tgs
~ My Comm~ssio~ expire~~"'~?•.
RNvm To~
F~nr Feder~l Sev~nga d loan Assouat~on NOTARY PUg~j'~Y1~.d ~10RIDAat LARGE j
Os Fo+t P c•ce. ~
MY COMMIS41~1,~~fPIRES SEPT. 25. 1915 ~
Fon G~erce. F:,r.de Bonded B~r Mie~kan Bankers Insu~mca ~:o.
~
; FILEO RNr• RECOaoED
Th~s Instrument Prepared By John . Co 1 1 i ns 5T. ~UC~t COUNTI' FLA.
~ F:rst Federal Savings a loan Association ROCC4 F~ITR~i
of Fort Pierc~ ~ h' lur; Ja RECORD VERIFjEp
COU,~,~~
.
ChPcked BY - - - - ~
S~r 3 2 so rM T I
._.~c`c ~
aoflK 1 9 5 P~~~ 1 U 3 2 2 1 5 1 3 2
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