HomeMy WebLinkAbout1266 3. To ptace and com~nuo~ily kcep on ~i,e L..~'d~:::~s noN or he~eei~a~ s~t•~ite on faid la~+d and o~ a~i eq.,~p~~~rn~ and penonatty ccve+.d by thls mo~1g-
ege, w;~h all p~emi~:ni ~hr~eon pad ~n full, I~rc ~r.su:e:ce ~n thr ~f~al ~~ande~d wrcy form, in a tum a~.pro+ad 'oy ttie MUR~GAGFf, o~:d v.,ndsto~m
;nsursnce in ~he usust i:dnddr~J ~p;,ty form, in a s~:~» ij•proYed by ~he MORIGAGEE, in wch co~~peny or co~npan~es ai ~he 1.tiok~GaGEE may
d~rec~; snd all i~re and w~nclaiurm ~~svra~cr po!~c~.s on •ny ol sa~ef b~,~~d~rys, any inte~es~ therein or parf ~h~raof, in ~he aggr~~ga~e i~~n •foiesaid or
in ezcess thereof, shall ;ont;in ?ha usuel ae~r:dard n~ortgegae uause or s~ch otF~er cteuss as tM Mor~gagee may reyu~r~, n~aMir.g the ~oss unJrr so,d po:a
c~es, each ard every, pa>~ab!e to sa~d h~JRiGAGEE as ~ts .n~errst m,. ~~uar, and c+ch and erery sucA pu:~cy •hatl be pron:p~'~y ass g~~rd a~~d de:~.~~~•d ro
en~ held Ly sa~d 1tO~IGAGEE as fu~fher s•:c~~~ty to said ~r.urtgaye o• and, no~ less than ~en (!0) days in ad.ance of the CxH~~bhJn of eath pol~cy, to dr
Gver to sa~d A10RlGAGfE a r~newal therenl. ~o~e~har wi~h a rrcr~pl tw thr pr~mwm of such renrwal; a~~d ~here shaf! be no f~re or w~ntis~o~~n insuronce
placed o~ a~y of sa~d build~ngs, a~y ~~~tcres~ there~n w~art thrrro+, unless ~n ~he form a~~d with ~he loss peyable as afo~esaid; and in ~he event any sum
of ntoney be~Ome1 payablt unVr~ such policy or Fw6c~es s~~d !dORiGAGEE sAeif heve rhy opnon ~o rrca~ve end apply ~he seme on accou~~~ of the i~~dobt~d-
neas secure~ hereby or to perm~t aa~d MORiGAGORS to rrtc~ve antl use it p eny part thereof to~ o;ii~•c pu~:.oscs, t.:~~~~.:t th,nu~ c~ ~:•~p~~~-
in9 sny eqv~ty, I;cn or nght undr~ or by virwe oi ~F~if mo+'yage; and in the event sa~d M02TGAGQRS shail (or arty reason fail to keep fhe sa~d prem~s_~s so
:ns~red, oi lai) !o dr?~ver piamc~tly any of se~d yzolc~as ot insurance to s.+•d MORiGAGEE, ot fa~i p~omplly to {:ay iul:y any p~r~rwm thr~elor or ~n ar,y
reSpect tai! to pe~form, d~scha+ge, axecute, eflect, comp:ete, canply wirh and ~bide by this tovenant, o~ any port rarr~f, said MG~2TGAG~E ~nay {+~a~P and
pay fw such ins~rence o~ any part thrreol w~+i~~u? waiv~++q or affecfing any opt~on, lien, equ~iy, or ngh~ under w uy v~rwe of ~his h\ortyage, and ~he
f~ll amo~nt of each and every s~~th paym~m ihali be ~m~ned~ately due and payable ~nd ahad bear interes~ from tho deta thcreof urt11 po~d at ~he rate ol
n:ih per cen'um pe~ an~~m and to~rth~r n~11~ Such inle~rst shal+ be a~•c~+ed by the tien of th~s matgaga.
4. io perm3t, commit w su(fer no waste, impainnenr w deterioration of said property or any par~ thereof.
5. To pey atl and sirtgoiar the coars, cha~ge~ and eapenses, ~nctuding a reasonabte atto~ney's fee wnd costs of absrrac~s of tit'e, incurred or paid af
eny tfrr:e by sa]d MOR?GAGEE, because or in the event of the fauurs on'the part of ti~ sa;d MORiGAGpR to du~y, ~~omptly and fully per(wm, dsscharge.
>xecvre, efiec~, cou~ptete, comp:y w~~h and ab.de by each and every rhe sripulanons, aq~eements, cond;t~ons, and covenann o~ ss~d p~o~r;~ssory ~ote e~~d this
.,~orfgagr any or e~ther, ar~~ sa:d cos~s, charges and z:peases. each and every, sha11 be immediatrly due and payabie: whrther or nor there be nonce d~
mand, attempt to colied or suit pend~ng; and Ihe ful! amount of edch and every wch payment shall bea~ interes~ From tAe date t6eriwf ~n!i~ paid a? tF.e
-.:!e of n;ne ~;er cenrum pc~ an~~u~,; aw all sa:d cosrs, charges and txpensea ir,curred a paid, togethrr w~th wch interest, shall be aecured by the 6en of th:s
mortgage.
~ 6. That (a1 in th~ event of any breach of this Mortg~ge o~ defauU o~ tF~r part of the MORiGAGOR, or ~b) in the event any of sa:d sums of money.
herein referred to br not prarnpily and i~11y paid w~thin tb~rty (3U) days next aire~ the same arvrro'~y beca-~ia due an~ payab!e, withovt de~nand or notite.
or ;cy in the event each and eve~y the stipuiauons, agreements, cond'etions and covenams of sa.d prom~ssory nofe ar~d th.s mo~tgage any o~ either are not
~ufy, promptly and fuily periormed, d.s.haTged, executed, effected, canpiated, compl~ed w~th and ab~ded 5y, then in e~ther or any su:h evem the sa~d ag-
~regate sum mentioned in said pron~~ss..:y note then remaining ~npa~d, wirn :ntrrr» acuued, and a+: nwne,s secured hereby, shall become due and pay-
at~'e forthwith, or thcreafte~, at the option o1 said MORTGAGEE, as fully and completely as ii ali of thr said sums of money werp o~oginaJy st~puiated
ro be pa:d on such day, anything in sa;d pron;nsory note or in this Mortgage to the contrary ~orwl~hstanef~ng; and thereup~n or theceafter at the op~~on ol
s~:d MORTGAGEE, w,ithout r.ot~ce o~ demand, wit at law or in equity, therefwe or thereaher beyun, may be prosecuTed as if all moneys sec~red hereby
r,_d matured pnw to ~Ta institui~on.
7. Thaf in the event that at the beyinn~ng of or at any ?ime pending any su~t upon this Mortgage, or to foredose it, or to reform it, or to enforce
F~ymem of any clam~s hereur.~er, sa~d 1'1pRTGF+GEE shali ;gp1y to the Court naving ~ur~~d;c~.on thereof for the appo~ntment of a Recewcr, such Co~rt shail
i~:thwirh appolm a re<eiver of sa~d mortgaged praperty ai; and singu!ar, iactvd:ng a21 and singv~ar rhe ir.come, proh~s, fssues and revenues from whate~er
s~ ~~ce der;ved, each and every of wh~cn, ~t ~emg exp.ess'y undrrsi.x~d, ~s hr~euy mor~gaged as if spec~fically set fo~th and descntx~ in ~he g~anong and
h~ber.dum da~ses hereof, a~:d such Receiver shail Fave a!t the br;;ed and effeUive (ur.ct,ons and powera in anyw~sr entrusted by a Court fo a Recriver, ard
s„h appointme~sr shaN bc madr by sucn Cou.t as an ad:,:,trr-d eG~~ty a~~d a matter of absol~te righ? to sa~d MORiGAGEE, and w~~hovt reference to the
au>~~acy or inadequacy of ~hr va:~e af the prope~ty morfgaged or to the so:vency o~ insosvency of said NtORTGAGOR or the defendants, and that such
r_~•s. protits, income, issues a~d re.ar.~es sha? be app+~ed by sucR Receirer accord.ng to the 7ien w eQu.ty of sa;d MORTGAGEE a~~d the practice of such
CourL
8. To du1y, prompt?y and fui~y perlorm, aischarge, exec~te, effect, compiere, comply w~th and abide by each and every the stipuiations, agreements,
.onditions and tovena~ti ir. sa~d prom~ssa~y note and th:s mottgag? set forth.
9. That in tF.e event she owr.ersh~p of the mortgaged prem~ses, o~ a~~y part ~Eeereot, becomes vESted in a perw~ other than the MORTGAGOR, the
~RTGAGEE, its suaesscrs ard ass~ans, may, wiih~ut no:~te to thr A1•~RTGAOR, deai w~th such successo~ w wccessor in i~!erest v~~th refrrence to th~s
orfaaae and she de~~ hareDy sec~red in rfie same manner as w„h lAortgagor w~tho~t in any way vit:ating w d~scharg~ng the Martqagors' liabiliry hese-
„n;jer pI UFoq ih@ (~CCf hereL~l se,u,cd. Na Sd:N Ot the Frern~ses nCreOy mortyeyru e~~u ~w 14~uCOie..~c r,:,:: •!~OTlSArLC a.r~ACwa .
or assigns and ra extens~on of ihe f~me for the payment of the debt he~e~y sec~red given by the PAORTGAGEE o: its+wccessws or ass'gns, a~~aU operafe
~o re!ease, d:scharge, mo~':fy ~t,ar~2 or at{ecr the or~~.nat iiao~Iity oi ehe Ma~RIGAGOR here;n, either in whole or in part.
10. It is spez:licatiy ag.ecd rhat ti~ne +s of the essence of shls contract and that no waiver of any obl€gat~on hereunder or o! the obligaYan se-
c~~ed hereby sha!t af any tiR:e rherrafter Fx he!d to be a waiver of the te:ms hereof o~ of the instrvment sec~red herby. -
l l. In .;dd,tie : to ~he ioreg: ng n.enth!y :;:rents o4 pri~c pai and ~:~t~~res~ rzqe:~red by the prom ssery no~e sccuftd hereb~, mortgagor eovenants
a• d agrces to pay to mo~fgagee v~~!h each mo~th~y pa~r:.ent an add~rio~al sum esr.Tared by mortgagee to be eq~al to 1,: 12 ot the an:~;;al cost of the fojiow-
A-All real rrope.:y taaas le~i!e.a, o• ass~ssed ag~~ :st thc abo•:e desuibcd rea! es'are.
B Pr~^, u•as o~ f,rQ a~d w~r.dslo ~r, ~~s.;~3.ce 'r.ere;n requ;red to be carr~ed en the [mproveme~rs srtuate on th•_ abeve d_scr;~~~d prem~ses.
C-Pre~~~u:-~s o? s~ch mo-tgrge g:.ar.::~•y irsura: c? as ~no~ryayee sna;! f:~•n .~e to :~me deem fit to carry o~ the ban sec~red hereby.
rdo.tgagee s~.o1 'r;;m tlme ~o .-s net~fy mcrtg~gcr ~n writing of the amou•~t d~e and payab~e hereunder and such sum shaE! thereupon be due and
:~.able on fha due ~are oi rh> r.•..r m;,nt't~ ~ pay:nent and each su:cess~ve month ih~reaf~er unrii mcrtgagee shatl not:fy mortgagor of a change in such
ount. Such sums sha.i !;e a~.p ied by mo!tga~_e ror.a!d the payrt~ent of rea: prcperty taxes, insurante prem.ums, and mortgage guaranry insurance
i ;:•~emiums. .
j IN-~'~ITNESS :"dti'_?EOf, t sa7d MORTGAGOR has he:eunto set hes har.d and sea! the day and ear first aforesaid.
' ~ Signed, Seal and d~v ir. the p:e nte ot• ~ . '~''1
' / ` / _
' s~ai~
~ _ gis D. ?refe n ~~si~
E t I~1_!t
' / (Seaq
i c',enevieve S. T'r e2ner ~~ai~
` _ V
i
j STdiE OF ftORIDA
~ ~JU:~TY OF $t .Luc ie ~
' Before me persona~ly appeared _ FQl~IS 2refelner a.id
;
Genevieve S. ?refelner his wife, !o me well known and known lo me to be
~ rne ind~vidua!s describcd in and who execute~ the foregoi instr m nt, and acknowledged before me that they executed the same ior the purposes
` Genevieve S. ~'re~'e~ner
rh~rein expressed. And the said _
~ r~:fe of the said Re41S Trefelner upon a sepa~ate and private
~ exam~nat~on by me taken separare and apart from her sa~d husband, acknawledged to and before me that she execured sa;d instrument free{y and volun-
s 'ar,ly and w~thout any compuls~on, cons!ra~nt, appre ns~on, w fear of or from her said husband.
r:ovember
WITNESS my hand and offic~al seal *hi:__ day of A. D. 19 73
• •
~ -
; Notary Pubtic in and or the S of FI a at large
~ My Commission expires:
j Return To: / /1.,
Firsf Federal $avings a Loan Rssociat~on
O! •o.! F • c_.
E Fort P,r~ce, f:c:icl.+ -
: ~e ~r~ ~~c~~ ~ ~ s f:; ~
5 ` . . 'i
M~
j~ '
e~ac cfe~
~ ~ _ - E _ - " ~
- This Instrument Prepared ByJOttn W Collins R~~pyf~Jf~a ' '
First Federal Savings 8 Loan Association ~'~s ~ o:. i
t of Fort Pierce ~ F10'.'1C~ ~
p~~!'T3~~,~~~ Au:~ ~ i c
_ Checked By I ~ ..••;~a~+~-
~ ~ F~„' P
~ a 2696U2 ~
'~i.'1N
- 80C~ PACF~~UV '
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