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Home My WebLink About1574 . ~ ~ . 3. To place end con~in~a,sty ?eep on +he bu~'d~ngs now w he~eafter ~~~uate on sa~d I~nd and on al; equip~nen~ and personally covered bY ~his mo~ sge, w;~h all p.em~urns ~herco~ pa d:~ futl, t~re ~ns~ro~ca ~ha usval s~andsrd po<<ty fo~m, in a ium sppro~ed by t~~e htORivAGEE, and w~:~ds~o mwr~nce in ~he ~swl sunda~d pol.cy fwm, in • sum appro~ed by ~he Nk7RTGAGEE, in avch compa~~y o~ compan,es ss ~he h~OR1GAGEE m d~recr, •nd all (ire and w~nd~~orm ~nsuronce pol~:~es on any oi sa~d bu~~d~~s, any interes~ there~n a? pa~t the~eai, in ~he aggreg~ie su~~ +~o~eia~d in e:ccss Ihereol, shatl conrain ~he ~sual s~a~~dard mo~rgagee cfaus~ u such other daus~ +s ths Mor19a9ee may requ~rs, maling Ihe Ioss under ia~d po c~es, each and eve?y, payab'e fo sa~d MORT.r,AGEE ss ~ts imerest may appea~, •~+d each and every ~uch pol~cy shall be promp~ty ais gned a~~d de:~~errd ~ any M?d by ~e~d MORTGAGEE •s (u~ther ucur~ty w sa~d mor~gage debt, and, not :ess than ten (101 dayi in advance of the exp~rat~ori of cach poi~cy. ~o d. O~ver to iaed MOR~GAGEE ~ rer.ewal thereof, toyetMr with a rtce~p~ for the premivm of such renewal; •nd Mere shatl bs oo fae o~ w~ndstorm iniuranc pl~ccd on any o/ iald buitd~ngs, a~y in?erest there~n o? par~ ~hereof, unless in tAe form and w~th ihe loss pavable as a(oreia~d; and in ~he event any •u~ of money becomes payabie ur+de~ such potity a pol.ties seid MORTGAGfE shalt have the oFt~o~ to rece~ve and apply the ia~»e on accoun~ of the indrbsrd nelS secured hereby w to permit aaid MORTGAGORS t0 receive and i~se it p•ny part thereof for o~~cr pu~t>oses. .•.~~ho~t th ~r, ur wa~.i ~3 0~ ~•~~P~~~ in4 any equity, lien w right under ot by virtw of this mo:'gage; ~n~in the evenl ta~d MORTGAGORS shall fw any reawn fail to keep the said prem~srs so ~nsu.cd, w fait to del~ver prompfly any of s.+~d polK~es of insurance to sa+d MORiGAGEE, or fa~l promptly to pay fulty •ny pre~»ium ~he~e+w w~n a~y reapect fail to perform, discha~gc, execute, ef(ect, complete, comp~y with and ~bide by this cove~ant, a a~y pa~t hareo(, sa~d MGRTGA('iEE may p~aca a•~e pay ia a~ch insurance w anY part thereof w]thout waivirig or affeciing any opt~on, lien, equtty, or r~gh~ under o~ by vutue of ~his Morrgage, and The f~l1 amoum of each and e~ery suth paymem shall be ~mmed]ately d~e and payable and shall bear inrerea~ from ~he date thereof u~vil pa~d at the rate ol ~+~e per cen+um pe~ annum and to~ether with such intereat shal~ be srcured by ihe lien o( ihis mortga9e. 4. To permit, commit or suffer no waste, impairment p deteriorotion oi said property w any paA thereof. S_ To pay all and singutu ths costs, cMrges and expenses, including a reesonable attpney's fee and cosrs of ab~tractt o( title, incurred o~ paid a~ any time by u~d MORTGAGfE, because or in the event o1 the fa~lwe oe~ the parl of the said MORTGAGOR lo d~ly, promptly snd fuily Fe~lorm, dncharge e~ecute, effea, compte+e, comp~y wrth and ab:de by each and every the stipu~af~ona, agreemen4, conditions, snd covenants of sa~d prom~ssory note and ~h~s n:ortgaye ~ny or e~~her, snd sa:d cosn, charges and expenses, each and every, shall be immed~ately due and payablQ; whether a ~ot there be not~ce da mand, attempt to collect w fuit pend~ng; and the fult amount of each and every svch paymem tAall bca. interest from fhe date Ihereof umi~ paid at the ~a~e o~ nine per cemum prr annum; and all said costs, charges an~ expenses intu~red w paid, together wdh such imeres?, shall be secu~ed by the I~en of th~~ matyagc. 6. That (s) in the event of any breach of this Mwtgage w default on the part of the A10RTGAGOR, w(b) in the event any of sa:d sums of money herein referred to be not p~omptly and fully paid within ~h~rty (30) days next airer the sa~»e severa!ly become due and payable, withou~ demsnd or nor~ce, or (c) in the event each and every the stipu;ationa, agreements, condirions and covenants of sa;d promiswry note and th~s mortgage any or either are no1 i~:y, promptly and f~lty performed, d:scharged, eaecuted, effeded, complered, compl~ed with snd abided `ay, then in e~ther or any such evem ihe sa~d ag g~egate sum mcnnoned ~n seid promissory nore then rema~ning unpa~d, w~th i~reres~ accrued, and a~l moneys secured hereby, shall become due and pay ab:e forthwith, or thereaffer, at the option of said MORTGAGEE, as fully and complete~y as i1 a~l of the said sums of money were a~g~na~ly s~~pulated to be pa:d on such day, anyth~ng in sa.d prom~sswy ~ote or in thia Masgage to the con~rary notwithstanding; a~d ~hereupw~ a thereafter at the opnen of sa~d MORTGAGEE, without not~te o? dema~d, suit at law or in equity, therefore w thcreaher begun, may be prosecuted as if a11 moneys secured hereby n,d maturcd pnor ~o ~q ins~itunon. 7. That in the evenr that at the beginn:ng o1 or at a~y +irr.e pend~ng any tuit upo~ this Mortgage, or to fort~tlose it, w to re(orm it, or to enforce paymem ot any cfaims he~e~nder, said MORTGAGEE sha,I apply to the Court having ~urisd~ctipn theraof for th! appointment of • Reteiver, such Cou~t shail io~thwith appoint a receiver of said mortgaged property alf and singufar, includ~ng all and aingular the ~neOrtie, pofNS, iswes ~nd revenues (rom whatever sc~rce derived, each e~d every of vrhrch, i~ be~ng expressly unders~ood. is hereby mortgaged at i( ~petifiuily set fonh snd deW~bed in the granr~ng and ha!~endum clauses hereof, and s~ch Receiver shail heve all the broad and effective iunct.o~:s ana powers in anywise entrusted by a Cou~t to a Receiver, and s_ch appointment sAa~l be made by such Cour1 as an ad~nitted equity and a matter of absolute r~ght Io said MORTGAGEE, and w~thoul reference to the adequacy or inadequaay of the val~e of the property mortgaged or to the so:vrncy or ~nsoivency o) said MORiGAGOR or the defendants, and ~hat svch ~e~~s, profits, incane, issues and revenues shall be applied by such Rece~ver accordutg to the lien or equity of sa:d MORTGAGEE and the practice of such Court. 8. To dufy, prompt:y and fully pe~form, d~scharge, e,cecute, eifect, complcte, comply with and abide by each and every the stipufations, sg~cements, conditions and covenanrs in sa~d prom~asory note and fhis mortgage set forth. 9. That in the event tl,e ownership of the mortgagcd prem~ses, or any part thereof, becomes vestcd in a person other fhan the MOR7GAGOR, the '.'ORTGAGEE, its successors and ass~gns, may, wi~houT no~~ce to she MORTGAOQ, dea~ w~rh wch successo~ a successw in interest with reference to this r^crigage and the debt hereby secured in the sarne manner as w~fh ~dortgagor wrthout i~ any way vit:ating or d~scharg~ng the Morfgagori liability here- ~-:der w upon the debt hereby secured. No safe of the Crerr.ISes hereby mortgaged and no fabearance on the part oi the MORTGAGEE or its s~cceswrs o. ass~gns and no exrension of ahe t~me fw the payment of the debt hereby secured given by the MORTGAGEE or its s~ccessws or ass~gns, .~iall operate ~o rNease, d:scharge, modify cha~ge or afFect ~he or~g,nal l~ab~i~ty of the N~ORTGAGOR herein, either in whole or in part. 10. it is speufi:ally agreed that time ia of the essence of this contrac! and that no waiver o( any ob~~gat~o~ hereunder or of the obligation st cli~ed hereby shal~ at any time thereafter be held to be a wairer of the rerms hereof or of the instrument secu~ed he~by. I1. In add.t:o~ to the forege ng mo~th!y paym~ms of pr~nc ~a! and inrerest required 6y the prom;sscry nore secured hereb~, mortgagor covenants ~-d ag•ees ro pay ro mo-tgagee v~~~h each month'.y pa~~.,ent an add~uonal wm est,n.ated by moctgagee to ix equaf to 1; 12 oi the anaiual cost of the fo~low- A-All real property ta,ces lev~ed or assessed aga{~ist rh~ above desc.~bcd reat es+ate. j B-Prem~ums oo fire and windstorm ~nsura~ce as herein requued to be carried on the improvements situate on the above desuibed premises. C-Premiums o~ wch mwtgage gua.anty ms~rarte as mortgagee shail lrem r me to time deem fit to carry on the toan secured hereby. Mortgagee sha=1 from tlme to ~~me norlfy mo~tgagor In wr~ting of the amount due and payable he~eundrr and such sum shall thereupon be due and ~ : ayable on the due date of ~he next momh`.y payment and each successive monrh thereairer ur.rii mortgagee shall notify mortgagor of a change in such ~ a ovnt. Such surns shail be app:~ed by mc~tgagee toward the payment of real proper~y taxes, i~surence prem:ums, and mortgage guaranty insurance o•emiums. IN \JITNESS WHEREOF, the said MORIGAGCR has hereunto set his hand and seal the day and year first sf resa' s i ed, ale~ and d've in the ptesen of: t r L~ $!a~) ~ _ ~ e is D. Tref ~~,i~ _ : aq j _ Genevieve S. ?re e ez a ~ ~ STATE OF FLORIDA ~ Luc ie u- ~ c~ur~n oF St . ~ eefae me perwnally appeared Res.~-$ D. ?zefelner Genevieve S. Tr¢felner his wife, to me well known and known to me to be ~ !he ind~vidvals desuibed in and who executed ~he fwegoir?y instrument, snd acknowtedged befue me that they executed the sams for f1~ purposes ~ rherein exp~essed. And the said Genevieve TtCf@IR@t w~te of ~he sa~d Regls U. ?zefelner r - upon ~ sep~rats ~nd p.iwrs ~ e~am~nat~on by me taken separate and apart from her said husband, stk~owledged to and beiwe me that she execut~d fa}d instrument frNty ~nd volun- ''=i ta-~ly and w~thout ~ny compuision, constraint, spprehe s: w fear of or irom her said husband. WITNESS my hand and official xal this day of F uar A. t). 19 72 . . _ - Notary Public in ~nd fw fhe • pf Fbrida ~t ~ty~ " Retur~ To: My Comm~ssion expiret ~ F~~st Federal Sav~ tMT11R1r Pk18UC. S~At~ ElOR~OA st U1RGE ngs 6 toa~ Associa~~on MY-~µ~pN:~j~ SEPT. 25, 1975 - of Fort P~~erce. Bp110eQ:"~'A~N~I'~fFUcets Insunnte A. Fort P~erce. F!cr~da • , ~ fiLEC t~r, : `"~~OEp `.a y' Y f L~. :.Y ST :U~l" ;:.1 _ ~ Fi.~: =.tS C~F"! , ~ " LQJRT .~1~ This lnstrument Prepared By Johfl W. Colliq~"~ ' ti ; First Federal Savings 8 Loan Association ~l 44 ~H ~~Z of Fort Pierce ~ Flotida F~e 9 Checked By ~~~~~Q~ :.rc~v v go~K~.~ ~~~i5~3 y ~ ¢ . . . . . . _ _ ' ' ~ ' ' _-,'i' , c',. . 'RJ _ , . _