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To place snd con~inuously kcep on ~he bu~,d~ngs now w heraalrer situate on sa+d land end o~ siS equipment ~nd pcr~onally tovered by this mortg~ ~gs, wi~h all p~emiums tht~con pa~d in fvli, ti~e iniurance i~ the usual s~arulard poi~cy fo~m, in a sum approrrd by ~he MOR~GAGEE, and w~ndstorm inwraoc~ io IM usual standard poLq (am, in a ium approved by the MORTGAGEE, ie such toa~pany or cwnpan~es at the MORiGAGEE may diractj ~nd •11 fire and w~ndsiorm inwrance poliues on ~ny of sa~d build~e+ps, ~ny interes~ ~herein or part thereo(, i~ the aggreya~e ium afaeuid o~ i~ txteu thereof, shall contain tMe usual sta~~dard ma~9aflee tlause or sucl~ other claus~ ~s the Monpagee may requ~ro, making the loss undrr sa~d poli- cies, each and every, psyable to said MORTGAGEE a~ ~ts in~e~est may appear, and eath and ave+y svch po!icy shall be p~omp~iy as~ g~ed and dei~ver~d ~o any held by ae~d MORIGAGEE as further security to safd mo~tgage debt, and, ~ot !eu tMn ~en (10) days in advance of ~he erpi~at~on o1 e+ch poticy, to da livtr to said MORiGAGEE a re~ewal thercof, toflether with a rece~pt iw ~he premium of such renevrat; and there shall be no f~~e o~ w~~~ds~o~~n insurance pl~ced on ~ny of said buildi~gs, •ny inurest therein w part thereof, unlass in the (o~m and with the loss paYable as atwassid; a~d in the eve~t any sum of money becanes payab~e u~der s~cti poticy or policies said MORTGAGfE shall have ~he opt~on fo reseive and appty the ~ame on account of the indnbted- neu tecured hereby a 1o permit said MORTGAGORS to rcceive and use it w any part ~be:aof for omw µurposes. v.ano~t ih_r. i~i w~;~~:~3 or n~~pa~~- in~ any equ~ty, Iien or right undm w by virtue of thi~ mo:egage; and in the event sa:d MORTGAGORS shafl tor any reason fail fo kcep ihe sa~d premf~_s so in~~~ed, a fail to deliver promptly sny of said po~:ciea of in~urancs to said MORTGAGEE, w fail promptly to pay fu?ly any premium the~efor o~ in a~y respect fail to perfwm, discharge, execute, eflect, complete, comply wi~h and abide by th~s covenant, a any part hrreof, aaid MGRTGAGEE may ptace a~.d . ' -af-~:-- .:..4. ..~.1~. ..:.e.~ ..F ~6:e A1lrv~naeL ant~ tM ':a~ :u`:: ' . ~ ~ ..•-i r-.. . ..a _..__.._s _ . _ _ _ . ~ f~ll amovnt of each and eve~y such payment ahal~ be immcdiately due and payable and shall bea~ interest irom the date thcreof unTil pa~d at the rate oi nine pe~ cent~m per annurn and to~ethe~ with such intere~t shall be secured by 1he lien of this matgage. 1. To permit, commit w suf(e? ~o waste, impairment w deterioration of said p~ope~ty w any part thereof. 5. To pay all and singular the casti, charges and expenses, inctuding a reasonable attor~ey i fee and cosn oF abst.ads of titte, incurred or paid at any time by said MORTGAGfE, because a in the eveN of the failu~e on the part of ~he said MORiGAGOR to duly, promp~ly and fu~ly perform, d~scharge, execute, e((ect, complete, canp~y w~~h and ab;de by ench and every the stiputat:ons, agreements, cond~t~ons, and covenants of sa~d promisso.y note and ~h~s mwtgage any w e~~her, and sa~d costa, charges and expenses, rach and every, shsll be immedutely due ar+d payable; whe~her a no~ fhere be no~~ce de mand, sitempt to coited or iuit panding; and rhe full artaunt of each and trery such payment shall bea~ interest from the date thereot until pa:d at the rate of nine pe~ centum per am~um; and aU said costs, charges a~d expenses inturred w paid, Iogether wdh such interes~, shall be secured by the I~en oi ih~s mwt~aga - 6. That !a1 in the event of any breach of this Mwtgage or defevlt on the per~ 04 the MORT6AGOR~ a ib) M the-event any. of. aa:d sums of monay - herein referred ~o be not prornptty and futty paid witfiin-tturty t301 days ne~crafter tfie-ssma severa!i~/ become due and peYai~l~ wiihou~ dem~nd or nwKe. or in the event each and every the stipularions, agreements, conditions and cove~anrs of u~d promissory nose and th~s mwlgage any w eithe~ ~re no1 ~uly, promptly and iully perfwmed, d;scharged, executed, effeded, completed, comp6ed wi~h and ablded Sy, then in e~ther or any such event the sa~d ag gregate sum mentioned in ~said promissory rate then remaining unpaid, with interest accr~ed, and atl mo~eys secured hereby, shall become d~e ar~d psy- eble forthwith, w thereafeer, at the opf~on of sa~d MORTGAGEE, as fully and completely as ii all of rhe sa~d sums of money were ag~nally at~pulated to be paid on such day, anything in sa~d prorn~ssory note w in this Matgage to the cororary notwithstanding; and thereupon or thereafter at 1h~ option of said MORTGAGEE, without notice or demand, suit at law o~ in equity, therefore or thereafter begun, may be proxcuted as if atl moneyt secured hercby nad mawreo pnw to n~ ins?iwuon. t 7. That in the event ihat at the beyinn~nq ot or at sny t~me pend~ng any su~t upon this Mortgage, o~ to fweclcu it, w to reform it, or to enforce payment of any claims hereunder, said MORTGAG'_E shall apply to the Cou~t having jurisd:ct~on thereof for the appointmenl of a Receiver, such Court shall forthwith appoint a receiver of said mwtgaged property all and singuls~, includ~ng a~l and singu~ar ~he income, prof~ts, issues a~d revenues from whatever source derived, each and every of wh~ch, it be~ng expressty ur~de~stood, is hereby morrgaged as if speufically set fw.th and described in the gram~ng and habendum clauses hereof, and such Receiver ahali have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receive~, and such appointment shall be made by s~ch Court as an admitted equity and a maner of absolute right to said MORTGAGEE, and without re(erence to tha adequaty w inadequacy of the value of the property mortgaged w to Ihe sotvency or insolventy of said MORiGAGOR or the defendants, and ~hat such renrs, profits, incane, iuues and revenues shall be applied by such Receiver sccwd~ng to the lien or eqvity of said MORTGAGEE and ~he practice o~ such Courf. - _ _ _ _ _ - . . - - _ . _ . _ _ _ - - 8. To duly, p~omptly and fulty perform, discharge, extcute, eifect, complete, comply with and abide by each and every the stipulations, ag~eements, conditions and covena~rs in sa~d promisswy note and this mwtgage set fath_ 9. That in the event the ownership oi the mortgaged premises, w any pa~1 thereoi, 6ecomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without ~otice to the MORTGAOR~ deal with such successor w successw in interest with reference to this mortgage and the debt hereby secured in the same manner as wnh Mortgagw w~tiwut in any way vit~ating w d~scha~g~ng the Mortgagori liability here. under or upon the debt hereby secured. No sale of the premises hereby mortgaqed and no fwbearance on the pan of the MORTGAGEE a its successws or assigns and no extension of the time (or the payment of the debt hereby secured giveo by the MORTGAGEE or i~s successws or assigns, shall operate to release, discharge, modify change or affect the o~ig:nal liability of the k50RiGAGOR herein, either in whole or in part. 10. It is specifically agreed rhat time is of the cssence of this contract and that no waiver of any obiigation hereunder p of the obtigation sr cured hereby ahatl at any time thereafter be he~d to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tion to the foregc:ng monthly payments oI p~inc"pal and imerest required by the prom~ssory oo!e secured hereby, nM:tgagar tovenants and agrees to pay to mortgagee ~nith each mo~rh[y payrnent an add~~ional svm est~ma~ed by mQrtgagee to be equal to 1/12 of the ann~al cost of the follow- ing: A-All real property taxes lev~ed or assessed agai~st thc above descri5ed real estate. B-Prem~ums on fire and windsform insurar.ce as herein req~~:red to be carned ort the ~mprovements s~!uate on the above desv~bed premises. C-Prerniums on such mortgage guaranty insurar.ce as mo+tgagee shall irom t~me to tirne deem fit to carry on the loan secured hereby. ~ /Hlortgagee shail from time to time noti~mortgSgcr ~n wr'~r~ng of the amount due an3 peya6le hereu~ and such d~rn sfia?T-iiiereupon be due and - Fayable on the due date of the next monthty payment and each success~ve mon~h the+eafte• ur.til mortgagee shal! not~fy mortgagur of a change in such ~ a r.o~nt. Such sums sha:l be applied by morigagee toward the payment of rtal property taaes, insurance prem:ums, a~xl mortgage guaranty insurance premiums. j IN WITNESS WNEREOF, the sa~d MORTGAGOR has hereu~to xt his hand and seal the day 'and year first aforesaid. ~ Signed, Sealed and delivcred in the presence of: /~/7 , ~ v i ~ a~ g is D. ?sefe er ; ' (Sea4 a ~ • t'i r s~ ~ ( e~~,Q, Q~,[1,~., enevieve S. Tre el r seaq ~ STATE OF FLORIDA ~ ST . LUCIE couNrr oF 1 ~ Befwe me personally appeare~ Re9is D. Trefelner a~ ~ Genevieve 2refelner h~: wife, to me well kr~qyrq~~ known~tQ me to be rhe indiriduals desuibed in and who exetuted the fwegoing instrument, and acknowiedged before me that they e;tc~~ed ~1F~ s~~~fOr,il~e purposes a therein expressed. And the said ~neVl@VQ Trefelner '~T=: ~ ,~v~fe of the said R 1 r ef lA~! ~ ay~(~~p~~~' ~~~~~i and private ~ examinaYwn by me taken separate and apart irom her said husband, acknowledged to and before me that she e7c t[d s~ib irfs~rJm~rA ff~if~vd volurr ~ tarily and without any compulsan, constraint, appre ns'on, or fear of or from hcr said husband. ~ ~ WITNESS my hand and official seal this day of-~~1 August : r ~L:. ~1,J;~~ ~q 73 . . ~.a: . . ~ Nota.y Public in and for. ~ of F'~•tiLirpe . My Commiuion expires: ~ ~ ~ \ ~ Return Ta , ~ ' ~ ' - First Federsl Savings b loan Associat~o~ ~j~ ~~~~a~ ~~RIQAet LARGE ' Of Fort P~erce. ~~N~~18N IXPIRES SEPT, 25, 1975 ~ Bo~ded Bp M~ericaa Bankws {~uanca Co. ~ Fort Pierce, Florida ~ •I ; ftLEa ANO ~ This Instrument Prepared By RiChazd Y, Hope st' ppCE~ p~p~1[~S RT ~ First Federal Savings & Loan Association ~R~ ~;Rt~ ~ of Fort Pierce~ Flor ida ' ~E~~R~ vE :1FiED~r"'r'~ ~ g ~z p~'~3 Checked By ~ ~ 262'700 ~ ~~~K ~r~(7 PACE 4?7 ~ n ~ , ~ . _ ; - - - - . - .