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Home My WebLink About0045 To place and coroin~ou~ly ?eep on the b~~'d~rKp now o+ hrreaiter s~tual~ on sa~d ~aod and on a~~ eq~ip~nenl •nd perso~~llY cove~ed by thit matp~ p~, with all p~emiums ti~rrcon pa~d in f~ll, liro insvr~nce in ~he usual i~anda~d pol~cy form, in • sum app~o+ed by the MORiGAGEE, and w~ndstorm inst»anct 1~ ~M uswl ~~+ndard pol;cy fwm, in + s~m approred by the MORiGAi'iEE, ie tuch canpany or compan~es a~ tM MORiGAGEE may dirKl; and aH t'ue and w:ndsto~m insurance poticie~ a? any o( sa~d build~ngs. any interes~ ~herein or pa~1 Ihereot, in the ~ggre9a~t s~m ~ioteNid w in excess ~hereof, shal~ ;onr~in th~ uiual sta~~dard nwrtyaye~ clauie w such o~Far clause as the Mor~qagee may rcqu~rs, maMing ~he lois unde~ •a~d poti- cies, each and every, payabie to sa~d h~ORTGAGEE as ~~s ~m~rest ~n~y sppea~, end each and e~e~y •uch put~cy shall be pru.»p~~Y ass g~~ed a~~d de~ivered ~o any held by said MORIGAGEE ss (urthrr securiiy 1o said ~nortgega debt, and, not less than Ien (101 days in adva~ue o( ihe eap~~ation of esch polity, 1o d~- live~ to said MORTGAGEE a renewal thcreof, togethar wi~h a receipl fo~ the premium of such ~ene~nal; and the~e slwll be ~w iue o~ w+~~dswrm ins~rancs plsced on +ny of wid build~ngs, any inte~est there~n a pa~t thereof. unless ~n ~he (orm and with the ~oss P+Yable as afwesaid; and in tfie avent any ~um of monay bccanes psyable onder s~ch policy w po~~cies sa~d MORiGAGEE shall have ~F~e opi~on ~o rece~ve and apply the sanx on accounl of Ihe indebted nest secwed hereby or fo ptrmit said MORTGAGORS lo retei~e and use it w a~~y pm? thr.r~t ior oin~~t p~rf.osrs. ~•n~ho~l th_~.u~ wa~~~~g cr o~~pdu- iny any equily, lien a righl unde~ a by virtue of this mor!gage; and in the event sa~d MORTGAGORS sha!t 4a any reason lail to kcep Ihe said p~e~nisrs so ins~red, w fail ro deliver promptty sny of said poticies of insurance to said MORiGAGEE, o~ fail promptly to pay fully an~ pre~~~~um therelot w ~n any respect fail ~o perform, d~scharge, eaecute, eifect, comple~e, comply wirh and ab~de by this covenen~, or any par~ hareof, smd MGRTGAGEE may place a~d pay fw such insurance or any par? thereof without waiving a affecting any op~ion, lien, equity, o~ r~gM unde~ w b~ v~rtue of this A1w~gage, and the full amount of each and e~ery wch paymant shall be immediately due and payable a~~d shall bear intarest fiom ihe date thereoF un~il pa~d at the ra~e ol nine per ceMUm per annum ar.d to~rlher with such inter~st shal~ t~e srcured by.the lien of this matgage. 1. To permit, tommit a sutier no waste, impairment o~ deterioration of said property w any parl thereof. S. To pay atl and singula? the costs, charges and expenses, including a reasonable anornev's fee and cos~s of abstracls of titie, inc~rred or paid at any time by said MORiGAG:E, because or i~ thb event of the failure o~ the part of ~he aaid MORTGAGOR to duly, pranptty and fu~iy perfwm, d~xharge. execute, e(fett, co~nptete, comply with and ab:de by each and every the stipulat~ona, agree~nents, conditions, and covenants of said promissory note and ~his mortgage any o~ either, and sa:d costs, charges and expenses, each and every, shall be immediatety due and payable; whether or not there be notice da mand, attempt to co:lect or suit pend~ng; and the (ulI a~nounl af each and every such payment shall bear ineeres+ (rom the date thereof until paid at the rare of nine per cenrum pcr ann:nr, a~~d all said cos~s, charyes and expansea incurred or paid, together w.th such inte:est, shall be setured by the lien of th~s morfgage. b. That (a) in the eveM of any brrach of this Mortgage or deiault on the part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money heroin referred to be not promptly and iully paid w~rhin thnty (30) days nexf ait~,r the same se~ecaUy become due and payable, wnhout demand or notice, or (c) in the event each and every the stipuiaGons, egreements, conditiau and covenants ot sa.d promissory note and th~s mortgage any w either are ~ot ~uly, promptly and futly ~erfonnzd, dacharged, executed, effeded, completed, compt~ed wiih and ab~drd 5y, then in eiiher w any wch event the aaid ag gregate sum mentwned in said prom~sswy note then remaining unpaid, w~~h interest acaued, and all moneys secured hereby, shalt become due and pay- able forthwith, w thereafter, at the opt~on of said MORTGAGfE, as fully and comptetely as if att of the said wms of money were or~ginally st~pvlated tu be pa~d on such dcy, anything in sa:d prom;ssory note or in th~s Mo~tgage to the contrary notw~~hvand~~u~; and ~here~pon w thereafter at ~he op~~on of said MORTGAGEE, without not:ce or demand, suit at law or in equity, the~efore or therealtrr begun, may be prosecu~ed a~ if all moneys aecured hereby nad matured pnor to ~ts instnution. 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to eniorce payment of any c~aims hereunder, sa~d RM1ORTGAGEE shall apply to the Court having jurisd~cf~on thrreof for the apNo~ntment of a Receiver, such Cour~ shali Forthwith appoint a receiver of said mortgage-d property a!! and singular, inctud~ng au and s~n9ufar the income, profits, issues and revenues from whatever source derived, each and every of wh~ch, it be+ng expressty unders~ood, is hereby mongaged as if speufically se1 forth and described in tAe graming and habertdum clavses hereof, and svch Receiver shofl have all the kxaad an~ effecrive funa~ens and powers in aoyw~se entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an adrni~ted equity and a matter of absolute right to said MORIGAGEE, and without reference to the adequaty or inadequxy of the vafue of the property mortgaged or to the so:vency or ~r.solvency of sa~d MORTGAGOR p the defendants, and that such renrs, profits, income, issues and revenues shall be appiied by such Receiver accorci~ng to the lien ot equity of said MORTGAGEE and the practice of such CouA. 8. To du:y, prompt:y and fully perform, discha~ge, execute, effect, comptete, cornply ve•ith and abide by each and every the stipulations, agree~nents, conditions and covenann ~n sa~d prom:ssory noto and th~s mortgage set forth. 9. That in the event the owne:sh~p of the mortgaged prem~ses, or any part thereof, oecomes vested in a person other than the MORTGAGOR, the M.ORTGAGEE, irs successors and asvgns, may, wirhout nct~ce to the MORiGFOR, deal with such wccessor or wttessor in interest wi~h reference to this n,ortgage ar.d the debt hereby secu:ed in the same manner as w~ith Mortgage~ wrthout in a~y way viGati~g o~ d~uharg~ng the IJlortyago~i liabiliq here~ unde~ w upon the drb~ hereby sec~red. No safe of the premi~es hereby mortgaged ar.d no (orbearance on the pari of the N10R1GAGEE w its svccessws or assigns and no extens~on of the !ime for rhe paym.ent of the debr hereby sec~red given by the MORTGAGEE or irs successors or ass;gns, shall operate to release, d~scharge, modify change or affect the original liab:l~ty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~f;cally agreed that t~me is of the essence of this contract and that no waiver of any obGgat~on hereunder or of the obligation se- c~red hereby sha~t at any time thereafter be he:d to be a waiver of the terms hereof w of the instrument secured herby_ I1. In aJd:tio~ to the forego'ng n:omhly payments of princ pal and interest required Dy the promiswry no!e secured hereb~, mortgagor covenants and agrees to pay ro r,o rgagee w~:h eecr onthiy pay~: ent an add~~onal sum est,•,~a~ed by mortgagee to be eguai to 1, 12 of the an,~ual ccst of the follow- ing: - A-All real prope:ty taxes [ev~~d or assessed ayai~ist thc acove describrd reat estate. B Prr:iuu~r.s on t~re and w:~;dsror~n ins~rar,e as he:r~n reqo;r_d to be carried on th? :mp~oveme~ts s~tvate on t1;e above described premises. ' C-Premiur~s en such mortgage guaranty insarar.ce as mortgagee shail fr;,r. t me to time deem fit to carry on the loan sewred hereby. Mortga~ee s!:a l from t~~r.e to time notrft mortgagc~ in wri!:ng of the ar.:ount d~e and payable hereunder and s~ch su~i shall thereupon be due and ~ F,ayable on the c3~e oate ci the ne.c• mcntn:~r pay~nent and each successive m.o•~th thereah~r ~iail mcrtgagee sha~l rotify mortgagor of a change in wch a^~ou~t. Such sums sF.a:l he app~~cd by mortgagee toward the paymeM of real property taxes, ~nsurence prem.~ms, and murtgage guaranty ~nsurance I p*emiums. ~ ; IN ~JITNESS YlHEREOF, the sa+d MORTGAGOR has hereunto set his har.d and seal she day and year fint aforesaid. ~ ~i , Sealed and deiiv red in the presence of: ~ Sesn y 1 R t'1 (Seal) - ~ ~ (Seaq - Vickie J. refeln ~~aq STATE OFFLORIDA ~ S5. COUlJTY OF -~t . LLC 16 1 Before me personally appeared -~nn15 R Trefelner and Vickie .l. Trefelner h~: wife, to me well known and known to me to be - the ind;viduais described in and who executed the foregoing instrumtnt, and acknowledged before me that they executed the same for the purposes therein expressed. And the sa~d_ _ V1C~C1@ J?refelner r,~fe of the said =~1~II15 R Trefel~r , upon a separatt and private exam~nation by me takan separate and apart from her said husband, acknowledged to and before me that she executed said instrumqnt frecly and volurr rarily and without any ccmpufsion, tonstreint, apprehens~on, otr ~fear of or from he~ usband. WITNE55 my hand and offic;al seal this_- ~~'~L day of -A.~~.`'19~_ , ; . r ' ~ Notary Public in and fw the $ta~e a 1. aJ9e My Commission expires: ~ , _ ' ~ Retum To: ~07~y pp~'(tiSTATEOf FlOR1DAet ~R~f First Federal Savings 3 Loan Assoc~at:on MY ~pM!~~S~ION~•E~,p~~$'~P~ 25. 1915 ~ o? P -2499~r.i gpl~de+p By NneriWb;d~~ tnWru~u -w ~ Fur; P~~rcc, Florida rN~ 'if1.V~~~ ,r St. ~41C+E 4~~MSY fLA. - R•3:' ~ ~'7~T~AS ' - CIEFK p'.C'ij COli1lT • AECOf.n yr~ r1EJ.,,~,~ This Instrument Prepared By RiChatd K. KayeS First Federal Savings 8~ loan Association ~ ~~j 4 0~ PM ~/3 - of Fort Pierce ~ Florida 1 Checked By . - sooK 212 P~f 45 ~ ~ _ - - - _ _ _ _ c~ ~ ~r ~ ~ ~ ~ ~