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Home My WebLink About0614 To p:ace and cunfinuously keep o~ Ihe bui:dings now or hereafte~ s~tuate on said land and on ali eq~ipment and personal(y covered by rhis mor +~e, w[th a!1 premi~m3 th~~reon pa~d in f~ll, (~re enswance ~n the usual sta~xiard policy form, in a sum aHproved by the MORIGAGEE, ar,d windsto ;nswan~p in the usual stand3rd pot.cy form, in a sum approved by the MORTGAGEE, in such company or companies as the h10RTGAGEE m d~rect; and alt iire ard wmdstorm insurance polic~es on any of said buitd~~gs, any interesl therein or pa~t the~eof, in the aggrrgate sum alorosaid ~n excess the~euf, shall :ontain rhe us~al standard mortgagee cla~se or such o~her dause as the Moitgagea may reqwre, making tne ~oss undrr sa•d po c:es, each and every, paya5!e ta said h1pRTGAGEE as its in~erea? may appear, and each and every such poucy shall be promplly ass gned and deiivarrd ~ rny held by sa~d h10R1GAGEE as fur~her security to said marrgage debt, and. ~ot less than fen O0) days in ad~ance of the expiiat~on of each policy, to d~ I~~er to sa~d A10RiGAGfE a renewal thereof, togethe~ wiih a receept (or thz premium of such renewal; and d~ere shall be no f:re o~ windstoi~n insuranc placed on a~y of sa~d b~ildings, any interes~ there~n w part thereof, unless in ~he (orm and wi~h the foss payab~e as afo,esaid; and in the event any sun of mo~ey becornes payable under such polity o~ policies said MORTGAGEE shall have the opf~on to ~eca~ve a~~d apply the same on account of tfie indabted r_•ss secured he~eby or to pe~m~t sa~d MORTGAGORS to ~eeeive and use it w a~y pa~1 ther~of ior o:na~ pur;.ose:. .v~~h~ut ~h~•ro~ wa~~ia_3 c~ ueop~;ir mg any eq~~ty, Gen or r~ytu vnder or by virwe of this ma:•gage; and in the event w;d MORTGAGORS ahall for any reaion iail to keep the said premisas so Inw~~d, or fail to drliver pro~nptiy any of said policies of insurance to said MORTGAGEE, or faJ promptiy to pay fully any pren~iu~n therefor or in any respect fail to perform, d~xcharge, execute, eifed, complete, canpfy wi~h and abide by this covenanr, or any part hrreof, said MQRTGAGEE may place a~~d ~~a; for such insu.snce or any pa~t thereof wl~houl wa+ving or affecting any opt~on, lieo, equ~ty, or rigM under or by virtue of thls Mortgage, and ~he i~ll a~nounl of each and every s~ch payment shall be imrnediately due and payabte and shall bea~ intcrest from the date the~cof until paid at rhe rate ot e per cenwm pe~ annu:n ~nd to3•_M.rr with such interesr shaii Ge sacwed by the lien of this mwtgage. d. )o permit, commit w suffer no was/e, impairmero w deterioration of said property p any part thereof. 5. To pay all and singular the costs, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, intu?red or paid at a~,y t~me by s~~d MORTGAG:E, because or in ~he eveni of ~he fa?ure on ~he pa~t of ~he sald MORTGAGOft ro duty, pra~~prly and fu1ly perform, d~xharge. cute, effect, canp:ete, comply wrth and ab:de by each and every the stipulahons, agreements, conditions, and covenants oi said promissory ~ote and fhis ,,ortgage any o~ ei~her, and sa:d costs, cha~ges and expenses, each and every, shatl be immediately due and payable; whether or not there be no~~ce ds ~~~end, atrempt to coL'ed or suit pe~~d~ng; and the fuil amouM of each and every such payment shall bear interes~ from the date thereoi until paid at ~he r•. o* nine par ccnsum pcr annurn; and all said costs, charges and exprnses inturred or paid, together w~th such intetest, shall be secured by the lien o( this mortgage. 6. That (a) in the event of any breach of this Mortgage or defautt on the parr of the MORTGAGOR, or (b} in tF~e event any of said sums of rtwney F-~~ein iefe~red ro be not promptly and iu;ly paid within th~rty (30) days next afte~ the same severa!;y become due and payabte, without demand or notice, or (c) in the event eacA and eveiy 1he stipulations, agreements, conditions and covenams of sa d promissory note and th~s rrwrrgage any pr either are nof i~:y, promptly and fuily performed, d:scharg~~d, executed, efteded, compSeted, comp;ied wifh and abided Sy, then in either or any such event the sa~d ag- ~r~~gate sum mentioned in said promissory note then remaining unpaid, with inie~est aurued, and all moneys sevned hereby, shall betome due and pay- ac.e forth.vith, or thereafter, at the option of said MORTGAGEE, as tutly and completety as if all of the sa;d sums of money were onginally st~putated o be pa:d on svch d~y, anything in sa d promisswy note or in this Mortgage to fhe contrary notwithstanding; and thereupon or thereafter at ?he option of s•.d MORTGAGEE, witho~t nor,ce o. demand, suit at law or i~ equAy, therefore or thereafter begun, may be prosecuted as if a!1 moneys secured hereby r,_ d mar~red pnor to ,ss instirur,on. 7. 7haf in ~he e.~ent ~hat at fhe beginn~ng of w at any fime pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce E~.~.rnent of any cia~ms here~nder, sa~d MORTGAGEE shalt apply to the Gourt having jurisd~ction the~eof {or the appo~ntmem of a Receiver, wch ~ourt shall i:,r'hwith appoint a receiver ot said mortgaged property all and singular, inctud~ng ail and singular the income, prof~ts, issues and revenues (rom whatever a~ ;,rce de~ived, eath and every of wh~ch, it being expressly understpod, is hereby mortgaged as if speuiicaUy sei fath and dexribed in Ihe granting and h.+uendum clauses hereof, and such Receiver shall have all the broad and effective funcr~on3 arid powers in anywise e~?rusted by a Court to a Receiver, and s_ ch appointment shall be made by such Court as an admitted equity and a matter of abso~ute right b said MORTGAGEE, and without reference to tl:e +:'.~~quacy w inadequacy of the value of the property mongaged or to the sorvency or insolvency of said MORTGAGOR w the defendants, and rhat such -•,+s, profits, inco~ne, issues and revenues shall be applied by such Receiver according to the tien or equity of said MORTGAGEE and the practice of such Court. B. To duly, promptly and fully perfo.m, discharge, execute, effect, complete, comply wifh and abide by each and every t6e stipulations, agreements, :onditions and covenants ~n sa~d promissory note and this mortgage set forth. 9. ihat in the event the owreership of the mortgaged prem;ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the RiGAGEf, its successors and assigns, may, without notice to the MORTGAOR, deal with s~ch successor or successw in interest with reference to this c.•tgage and the d_bt hereby secured in the same manner as ~vith Mortgagor without in any way vif;ating or dscbarg~ng the /~M1artga9ori liability here- ;iz~r or upon the debt hereby secured. No sa!e of the prem~ses hereby mortgaged a~d oo forbearance on the part of the MORTGAGEE or its svccessors or assigns and no exrens~on of the time for the payment of the debt he~eby secured given by the MORTGAGEE or its successors or assigns, a.tiall operate ro rrtease, d+scharge, modify change or affecf the orig,nal liau;lity of the MOFTGAGOR herein, either in whole or in part. 10_ It is spec;fica~ly agreed that time is of the essence of this contract and that no waive? oi any ob~igat~on hereunder or of the obligation se- c::.ed hereby shaii at any time thereafter be heid to be a waivrr of the terms hereqf or oF the instrumem secured herby. 11. In ~ud.t;o~ to the forego nq momniy paymems of princ pat and interest required by the prom~sscry ne!e secured hereby, mortgagar covenanfs d agr_es to ;;ay to ~~:o~tgagee m~th rach month y payr.~ent an add~rional sum est;mated by mortgagee to be equal to 1;' 12 of t:ie annual cost of the follow- , A-Ait r~al Froperty taxes lev~.~ or asses:ed agai•~st the above described real estate. S- Fr.. ,;u•ns on fire a~d w~nduorm ~nsvracce as herein requ;.ed to be carned on the im;;roveme~ts s+tuate on the above described premises. C--Pr~:~~~u~~~s o~ such mort~age guaranty ir.surar,ce az mo*tgagee shail from. t[me to time deem fit to wrry on the loan secured hereby_ Mor.gagee sF,~ ! f+cm f~:,,e to t1~ne nor;fy mortgagor ~n wrir~ng of the amou~t due and payabte hereun~ar and such surn shall thereupon be due and ~..+b:e on th~ cl~e datc of ~he ~iex~ moMh:y paymeM and each successive montn thereafter unti( mortgagee shail notify mortgagor a thange in such _•u~t. Such sums sha.i Le apf:'ird by mortgagee roward the payment of real properry taxes, insurance prem:ums, and mongage guaranty insurance . :•~~ii~m5. IN \~~IiNESS SYHER~OF, the sa;d MORTGAGOR has hereunto set his hard and seal the day a~d year first aforesaid. Sign e nd livered in th presence of: r _ ~~.c.r ~r~~Q~J _ ~ _ ~~'-~ah _ ~ l.-, ~ n ~ _~7 - a - Seap 5~.4TE OF FlOR1DA ~ : Luc i e ' ~JUNTY OF St ~ _ ' I Regis D. Trefelner ; i Before me personaSVy appeared a~ ~ Genevieve 5. re e ner . i - his wife, to me well known and known to me to be - ' individuats descr~bed in and who executed ]he for oing instru en and acknowledged before me that they executed the same fw tF?e purposrs Genevieve~. Tre~'e~ner rFe•=in expressed_ And the said__ i of the sacd _ Regis D. TrefeZner upon a sepa?ete ~nd priwte ~.,~-r.~nat~on by me ta4en separate and apart from her said husband, acknowledged to and before me tfiat she executed said instrument~freely and••yolun- - ~ and w~thout any compulsion, constraint, apprehens~on, or fear of or from er said husband. WITIVESS my hand and official seal this__ day of - q, p_,w.'. ' • ~ ~ ` otary Public in and fot the St o fbr' al2arge 4 My Comm~ssion expires: NOT ! d1 FLBRfpI~N ~kGE f ' Re~urn To: MY M!f~1~ j~ i i F:rst Federal Savings a Loan Associat~on 23~s89 oa~M T~~~ ~IRES l~EC. Zg, jg73 f G f?~rilJetpl~op Unaerwrxeri O. Fc.t P.~..ce. . . . FILED AyD RECORDE~ - ~ Fo~r P~-,,ce, F~v.~da SI. IUCtC COUNTI~ FtA. . ; ROCER F81T~AS ~ ~ ' ~ ' CIE~iK C?`CUIT COURT qcC~RC YEF ~sEp~,~ ` This instrument Prepared By Ga ry F. Ellwood ?~`2 ? First Federal Savings 8~ loan Association SEP 8 2 07 PH ~~1 ~ s of Fort Pierce, Florida ! Checked By - . 's s € e ~ ° sooK ~os P~~E s13 js _ ~ r t ~ : ~ ' ~ -