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Home My WebLink About1438 3. To p~ata and continuo~sly keep on the bu~'J~~~ys nuw or herraite~ ~ t„ate on sa~d land and on o11 cq.:~p~+~rnt and parsona•ly covered by this mortg- ege, w~th •II ptemiumt Ih~reon F:a~d in 1u~i, f~re ~ns„re~uc ~n iha ~+~ai sra~~dard po:icy form, in a sum appro.ed by ihe titOR~~:+GEE, and wmJs~OUn ~nwronce in the uwal standard po:.cy (o~m, in a suin app~ovcd by ~he MORTGAGEE, in auch canpany or con~F:an~es as ~he titQRTGAGEE m+y d:rett; a~d all fira and w~ndsrorm insurance po~~c~ea on any of aaid b~~!d~ngs, any interrs~ therein or pa~1 thcreoi. in the a99~c9a~e sum aforesa~d or in excess thereoF, ~hell :ontain the usual sta~~d~rd mo:~g~g~e dause a sucA otha clause as ~he Mor~gayee may re~~u.re, ma~~ng ~he :oss undar se~d pol~ c~rs, each and every, pa~able to iaid h10RiGAGEE as ~ts imarest may appear, and each and eve~y such p;,!~c~ s1~a1~ be prempity ass 9~~rd and dr•~~~r~•d ~o ' eny he~d by eaid h10RfGAGiE as fur~her ~ec~~ity to said ~~ortgage debt, and, not leas than ~en (101 days in advance oi ifie exp~~aLOn of each pot;cy, to dr i~ver to said MORTGAGfE a rrnewal thereof, togNher with a rece~p~ 4or Ihe p~emium o( such reriewal; and Ihere shall be ~w f.re o~ w~~~cisw~~n ins~rance placed on any of said build~ngs, any interest therein w part thercof, u~less in the form and with the loss payab!e as aforesa~d; and in the arent any svm of monny beco~nes payable uoJer wch policy w policies said MORTGAGEE shall have ~he op~~on to recc~~e and apN~y the sa•~~e on accou.~t of the indrLtrd- ~ ness secured hereby or to perm~t aa~d MORTGAGORS to recei4e and use il or any part tAereof fcr o:n• r purroses, 1.~~~~v-.: ~r , ing any equ~ty, Gen w~~9ht ~oder or by virtue of this mo:'gage; and in the event sa~d ti10RTGAGORS shall fw any reason fail to kerp ~he sa~d pre~n~s.s so inw~ed, w fail to delive~ p~omptly any ef S~~d polk~es of insurante to said MORTGAGEE, ot fail proir~ptly to pay f~lly any pre~n~~~n thu~e4ut or in a~y respect fail to pe~form, dischaige, execute, effeU, complete, compty with and abide by this covenani, or any prrt hereo(, said MGRTGAGEE .nay p~ace a~:d pay fw such insurance or any part thereot w~thout wai~ing or aifecting any opt~on, lien. equ~~y, or ~~~ht ur.dar or b~r v~nue of this htortgage, and the . full amauM of each and every such payrnero shatl be immediately due and payable and shall bear irorres~ f~om~lhe date thereof umil pa~d a~ the rate o~ nine per centum per annum and to~r!h:r with wch interesr shali bt secwed by the tien of th~s mwtgage. , 4. To petmib tommit or sutfer no waste, impa~rment a deteriorat~on of said property or any part fhervf. 5. To psy all and singutar tFx costs, charget and expenses, ir.ctuding a reasonabte attorney's fee and costs of abstracts of title, incurted or pa~d at any time by said MORTGAG'.E, because w~n the evero of ihe faiiure on ~he part of tF~e said MORTGAGOR to duiy, promptly and futly perform, d~scharqe. ,¦~~cute, e(fect, canplete, comply w~th and ab:de by each and every the stipulanons, agreements, cond~rions, and covenants of said promissory note and this ~~ortgage any or e~ther, and sa~d costs, charges and expenses, each and every, shall be immed~atety due and payab:e; whether or nW there Ge ~once da mand, attempt to collect or suit pend~ng; and the full amount of each and every svch payment shall bear interest lrom the da~e thrreof until pa~d at the ~~~e o~ n~ne per ce~~~um yrr an~~u:n; and ali said cus~s, c~arges and exexnses incuned or pa~d, toy.:iher ~vah such i~teresL sha11 be secured by the lien of th~s morlg~ge. 6. T1+at (a} in the event of any breach of this Mortg~e or default on the part of the MORTGAGOR, w(b) in the event any of sa~d sums of money herein refrrrrd to be not ptCmptly and ~~Ily paid within th.rty (30) days next atter the same seve~ally become due and paya6le, without demand or noi~ce, or (c) in the event each and every the stipulations, agreem~nts, cend~tlons a~d covenants ot sa.d promisso~y nota and th~s mortgage any or e~~her are not 3~1y, promptly and iutly perfo:med, d.scharged, eaecutzd, effected, compieted, compGed with and a6~ded by, then in e~ther or any such evem the sa~d ag gregate sum mentioe~ed in seid promissory nofe then remaining unpa~d, with intrrest accrued, and a~l meneys secured hereby, shatl brcome due and pay- ao:e forrhw~th, or thereafrc~, at the cprion oi sa~d h10RTGAG~E, as fuUy and completely as ii afl of the aaEd sums of money were o~~g~naity st~p~~atcd to be pa6d on such day, anything in sa.d prom:ssory note or in this Mortgagr to the contrary notwiths~anding; and ~hereupon or therea!~er at the op~~on of s~~d MORiGAGEE, w~thout nor:ce o~ demend, suit at law or in equdy, therefore or thereafier begvn, may be prosecuted as if all moneys secured hereby n~d matured pnor ro ~ts ~nstit~t~on. 7. That in the e+ent that at tne beginn~n~ of w at any time pend~ng any su~t upon this Mortgage, or to foreclose it, or to reform it, or to enforce psyment of any claims he~e~nder, sald MORTGAGEE shali apply to ~hz Coun havir,g ~ur~ad~c~~on thereof ior the appointmeM of a Receiver, such Co~rt shail Forthw~th appo~nt a receiver of said mo~tyagrd properry all and singu,ar, includ~ng alf and si~gular ~he inco~ne, prof~ts, iasues a~d revenues from whatever ~rce derived. each end every of wh~ch, i~ be~ng expressty undcrs!ood, is F.ereby morigaged as if spea~icaliy set to~th and described in ~he g~ani~ng and hjnend~m ckauses hereof, and such Receiver shail have ail ~he brcad and effecrive funce,ons and powers in a~yw~se entrusted by a Cou~t to a Rec~•iver, and s_ch appointme~~t shaU be made by such Court as an ad~nitted equity ae~d a matter of absolute r~ght to sa~d MORTGAGEE, and w~thcut reference to the ndeq~~ty or inadequacy of the value af the property mortgaged or to the so~venty or ~nso~~rncy o( sa~d MORTGAGOR o. the deie~idants, and that such r~nrs, profits, income, issues and revenues shaii be appGed by such Receiver accorduzg to the lie~ or equ~ty oi sa~d h10RTGAGEE and the pracnce of wch Courf. 8. To duty, promptly and fully perform, d~s!harge, execute, e{fect, complete, comply w~th and abide by each and every the stipulations, agreements, :ond~tions and to•+enants in said p~omissory note and this mo~t9age set forth_ 9. That in the event the ownership of the morrgaged premises, or any part thereoi, becomes vested in a person o!her than the MORTGAfiOR, the 'JRTGAGEE, its svctessors a~d ass~gns, may, w~rhout not~ce to the MORTGAOR, dea! w~th such successor or s~ccessw in ~nterest with re(erer.ce to this n ort9age and the debt hereby secured in the same manner as with Mortgagor withou~ in any way vitiating or d~scharging the lAcrtgagors" tiabihty here- cndrr or upon the deb~ hereby secured. No s~:e of rhe prem~ses hereby mortgaged and no forbearance on the part oi thP IAORTGAGEE or its successors er assi9ns and r.o extension of rhe nrne fo~ the payment of the debt hereby secu.ed given by the 1'hORTGAGEE or i~s svccessors or ass:gns, a~~aEl ope~ate ro releaae, d~scharge, modify ctiange or affed the orfg~nal liab:l:ty of the MORiGAGOR herein, either in whole or in part. 10. It is speufically a9reed that time is of the essence of tl~is contract and that no waiver of any obl~gat~on hereunder or of the obligation sN ' cured hereby shati at any h.m:e thereafser be he:d to be a wa~ver of the t~erms hereof or of the instr.,ment secured herby~ ~ 11. In add t;o? to the fore o'n menthl r~nts of rinc al and inreres~ rr ~ired b the rom sscr nae sec~red hc~~•br, mortgagar covenants ~ g~ 9 Y P~1~ P P 9 ? P Y ; d agraes to ~ay to morryagee ~n~th each rnenrh'y pay~.:ent an add,r~onal sum est:n ated by mo~ryagee to be eq~al to 1,- F2 oi the an:wai cost of the fotlow- I ~°3: i A-All real property taxes levied or dAB55^~ ag.3i•~ss the aoove dcscri~cd ral esrate. ~ B--0remiu:ns on fire and wir.dsronn ~r.surar.ce.as he~e~n *equ~red ro be canled cn ~he impro~ernents situate on the above d:sc~~bed premises. X C-Pre:r.iums on such mortgage gua!anty ir.wras ce as mertcagee shall from t:rne to time cfrem fit to carry on the loan securrd he~eby. ~ Mortgagee shail from rime to t~me rot~fy mertgagor in wr~t~ng of the amoum due and payaele hereunder and wch wm shail thercupon be due and ~ ,~vable on the due date of the next month(y payrr.enf and e~ch svtcessive month •hereafier ~r~til mortgagee shatl not:fy mortga~or ot a change in such a•.ount. $uch sums sha:i be appi by mortgag~e :owa-d the pay~rent of real prcpe~ty taxes, i~surance prcm:ums, and mortgage guaranty insurartce s~ ;~remiums. - ~ Y~ITN ERFO , e sai . tiORTGAC,OR has hereunto set h~s hand and seal ihe day and year first aforesaid. ~ a~ ' an liver 'n th presence of: , J7~ ~1'~~ _(Seat) ~ R a D. ref _,~aq ~ - , ~seai~ ~ - Genevieve S. Tref eY t~aq S~A?E OF FLORIDA ~ u_ St. Lucie ~ ~ c~urJTY Of z=' Reqis D. TYefelner and 8efore me personaliy ap ared ;Y ~nevieve S• Trefelner his wife, to me well known and known to me to be ~a rhr individuais descr~bed in and who executed the foregoing instrument, and acknowiedged before me that they exec~ted the same for the purposes ~4 Genevieve 5. Trefelner _ !herein expressed. And the said_ }=r Regis D. Trefelner ~c~ P P~ r.~fe o( the said - - n a se a~aie and rrvate efam~nat~on by me taken separate and apart from her sa~d h~sband, acknowledged to and before me that she executed said instrument freely and volum ' s tanly and witho~t any compu'seon, constrdint, apprehens~on, or fear of w from her said husband. ~ A 1 11 WITNESS my hand and off;ual seal this_~_ ' Q~ day of p - A. D. 19 1~ 2 ~ - Notary Pub~ic in and f he State of Florida at large _ My Commission expir • ( a - ~i 6 ~ ~p Retum To: - '+3. - Fint federal Savings d Loan Associat~un - Of Fort P irce- - „~'r.,,. _ fort P~erCe, F:oric~a fIlEO ~NO RECOROEO ~ 1.~•.- , SL~UCIE COUNTr fl~ ~ ; ' " . 1lOCEf. PO+TRA$ . ~ f ~ ~ ~ - ~ ~ ~ . CLEP.K t~i'rU1T.C0URT ~ _ ~ ~ : ~ ' This Instrument Prepared By H. Roberts JY. ~ECnR; ~iR1~~E~ . ~ ~ ' ' ~ - _ First Federal Savings 8 Loan Associa ion Q Au ~ ; - of Fort~ Pierce ~ [~'lozida ~ 11 ~7 S~ lII7 ~79 ~ . _ J - = Checked By . ` . .j l . tiCiU~~~i . ::;;:.:t ~ ~00~226 P~~1437 - ~ : 'fv.::• j r] '.2'R` ~,S . . . ~ . . - _ ' x - . . . . . . ~ ~ . _ . . ~