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Home My WebLink About1576 3. To piace and cominuovsly keep on the Lu~'Ju~gs no,n or hereaite~ a~~uele on s~~d ~and and on al1 eq~ip~nent and prnona~~y covered b/ lhis mortg• age, w~th all premwms thereon pad i~ IuN, f~rr ins~~encc :n the usujl srando~d po~+cy form, in s swn app~oved n~ ihe MUR~v:.GEE, anJ wind~tetm insurence in ~he uswl s~anJard poLcy lorm, ir a sum epproved by ~ha MORTGAGEE, in such canpany or co~~~pan:es as the MORILAGEE may d~rect; and all (ire and w~ndstorm inwrance po!+ciea on any of said bv~~d+ngs, any interest therein or part thereof, in the aggr_~~a~e s~~~ ato~esa~d w in sacess the~eoF, ihall tonta~n ~he usual ara~:dard morrgnqee clause or such o~her dauae as ~he ~dortgayee mey rrqu~re, r.~ak~nq tl~e loss unJr: s~~d po~i- cies, each and every, payable to sa~d h10RiGAi.,EE as ~ts imer~~st may appeer, and each and every such po~~cy shall i~e prumptly ass g~~~-d ai~d de.~~c~.:d ~o eny held by sa~d MORIGAGEE as (urther s~cvriry ~to sa~d mortgoge daot, and, no~ ~ess Ihan ten (10) days in ad:ance oi thr exp~rotion of each po!~cy, to dr- liver to said MORTGAGEE a renewa~ thereof, toge~har with a rece~pt lo~ ~he premium oi auch rene+wal; and ihrre shall be no f.re o~ wh~dstonn ins~rance pfaced on any o) said bui!dmgs, any intrresf there~n or part thereof, uniess in the lorm and wiih the loss payab!e as aforeiaid; and in ~he event any sum of money becomea payable under such poticy or pofc:es said MORTGAGEE s?~all have the opt~on to rece~ve and appiy ihe same o~ accoun? of ihe ind~~trd- ness secured hereby w to permit sa~d MORiGAGORS to recei~e and use it or any part thrreof tor os~~~_r purF.osrs. .•.~fh.~} ~h w~""7 ing any equ~ty, fen o~ rigM under w by virwe o) ~his ma:tgage; and in the evenl sa:d MORiGAGORS shall fo~ any rcawn fa~l to keep the sa~d p~em:t_s so inwred, or fail to del~ver pra»pNy any of ea~d pol~cies of 'insurante ro said MORTGAGEE, or fai~ promptly to pay fuily any pre~mum thore4or or in a~~y renpect fail ~o pe~to~m, d~scharge, execute, eHect, complete, comply with aix! abide by thi~ cove~aM, or any part hereoi, said MGRiGAG~E may place a~~d pay fw such insurance o~ any part thereof w~thou~ waiving or affeding any opt~on, lien, equ~ty, or r~ghr under or by virtue of th;s Mortg~ge, and ~he tull amount of each and every such payment shall be immediately due and payable and shall brar ir.terest han the date thereof until pa~d at the rate o1 n~ne pe? centum per annum and tu~~ah:r K~th such interest shaU be secured by the lien of this mortgage. 1. To peimi?, commit o~ suffer no waste, impairme~t or detrrioration of said property or any part thereof. S. To pay all and singu~ar the coats, charges and expenses, including a reasonable attorney's fee and costs of abstracts of tit!e, incurred or paid at any time by w~d h10RTGAGEE, becavse or in the event of tne fa~lure on the part of the said MORTGAGOR to duly, p~omptly and fu!~y perform, d~echarge. ~xecute, e(fet1, tomp~ete, tomply w~th and ab:de by eath and every the slip~lat~ons, agreemeNS, conditions, and tovenaMS oi sa~d pram~sory note and ihis mortgage any o? ei~her, and sa:d costs, charges and expenses, each and every, shall be immrd~ataty due and payable; whether w not there be nohce da mand, aitempt to to11ec1 w suil pend~n9: and the full amouM of each and every such paymeN ahall bear iNerest from the date thereof umif paid at the r,~fe o~ n~ne per cenium prr an~~.,~~; and all sa~d costs, ci~arqes and eapenses ~rxurred or paid, ~ogether w~th such inrerest, sha~l be secvred by the Gen ot this mertgage. 6. That (a) in the event of any breach of this Mortgage or default on tFr_ part of the MORTGAGOR, or (b) in the evenl any of sa;d sums of mor.ey herein referred to be not pro~npi!y and futly paid wi~t~in th~rty (30) days next ai~rr the same se~crally become due and payable, withovi demand or oonce. o. (c) in the event rach and every the atip~:anons, ayreements, cond~tions and covenann of sa:d promissory note and th~s mortgage any or e~ther are no1 ~~ly, promptly and fu11y performed, d~scnarged, execured, effected, completed, complied with and a6~ded `~y, then in e~ther or any such event the sa~d ag gregate sum mentior.ed in said prom~ss~ry ~ore than remaining unpa~d, with interest accrued, and ail moneys secured hereby, shell beca~~e due and pay- ab.e forthwith, or thereaf~er, at the opt+on of so~d MORiGAGEE, as fully and completely as if all of ~he said sums of money were or~g~natly st~p~la~ed to 6e pa~d on such day, anything in sa:d p~om~ssory note or in this Mortgage to the contrary notwithstanding; and thereupon or fhcrealter at the opt~on of :a~d MORTGAGEE, without not~ce or deina~d, suit at taw or in equity, therefore or thereafter be~un, may be prosecuted as if alt moneys secured hereby n~d maWred prtw to ~ts instir~tion. 7. That in the event that at the beg~nn~ng of or at any time pending any su~t upon this Mortgage, or to foretlose it, or to reform it, or to enforce payment of any daims he~cunder, said lAORiGAGEE shali app~y lo thc Court having juriid,ctio~ thereof for the appo~ntmeN of s Reteiver, such Cour~ sha~l Fcr~hwirh appomt a recei~er of said mortgaged property all and s~ngulnr, includ~ng aIl and singu~ar the income, profits, nsves ar.d revenues irom whatever se~rce derived, each and every of wh~ch, it be~ng expre:s!y understood, ~s hereby mortgage~! as if spec~ficalty set forth and described in the granri~ig and habendum clauses hereof, ar.d such Receiver shail have alI the broad and effctrive funct~ons and powers in anyw~se entr~sted by a Court to a Rece~ver, and s: ch appointme~~t shall be made by suth Court as an ad:~itted equ~ty and a matter of absolute right to said MQR7GAGEE, and w~thcut reference to the edequacy w inadeq~acy of the val~e of the property mortgaged or to the so:ve~cy or ~nwlvency of said MORiGAGOR w the defendants, and that svch rc:,~s, profits, income, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said A~ORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfo+m, discharge, execute, effect, complete, comply w~th and abide by each and every the stipuiations, ag.eements, conditions and covenants in sa,d promisswy note and this mortgage set forth. 1 9. That in the event rhe ownership of rhe mortgaged premises, or any part thereof, becomes vested in a person ather than the MORTGAGOR, the h'.ORTGAGEE, its successors ar.d assigns, may, without notice to the A'10RTGAOR, deal with s~ch successor or successor ~n inferest w~th reference to this ~~:o~~gage and the deb~ hereby sec~red in the same manner as with ~dortgagor without in a~y way vitiating or d~scharging the Morfgagors" liabi:ity her~ u~:der w upon the debt hereby secured. No sate af the premises hereby mo~tgaged and no fo~bearance on Ihe part of the MORiGAGEE or its s~ccessors _ cr assigns and no exte~s~on of the hme ior the payment of the debt h~reby sec~red given by Ihe MORiGAGEE or ~ts wccessws o? ass:gns, aLall operate ro re!ease, d~scharge, mod~fy change or affeu tfie or~gmal liab:l~ty of the MORiGAGOR herein, either in whole or io part. 10. It is spec~fically aareed that ti~r.e is of t?,e essence of this contract and that no waiver of any obl~yation hereunder or of the obligation se- cured hereby shall at any time thereafter be he!d to be a wawer of the terms hereof or o4 the instrument secured herby. 11. In add;tioa !o the fwego'nq mor.th~y poyments oi princ pat and ~~~erest required by the p~om~siory no~e securrd hereb~, mortgagar tovenants ~~~d agr:es to pay ro mortgagee n~ih each mon!hiy payrnent an add~rional sum est;~:ated by mortgagee to be equal to 1,12 of the annual cost of the foliow- , A-All real property taxes ~evied or assrssed aga~nst tF.c above describ~ d real e:tate. 8-Prerr.~u~ns on f~re and wir.dstorm insuracce as i~e~c~~ requ:r^d to be carried on the improveme~ts s~tuate on the above d_saibed premises. C-Premiu:ns on such mort9age 9uaranty ~csura~,ce as mo~sgagee sheli fiom t:me to time deem fit to carry on the loan setured hereby. Mortgagee sha~i from nme to time nct~fy mortgaoor in writing of tht a~nount d~e and payable hereunder and wcfi sum shail thereupon be due and ! ;,yable on the d~e date of fhe ~~ext mantn!~ payment and each successive month tnereafter ur,ei! mortgagee shall not;fy mort9agor of a change in :uch ; ~•.ount. Such sums sha:l be a~,p:~ed 6y mortgayee toward the ~ayment of real property tazes, i~wrance prem.ums, and mortgage guarenty ~nwrartce ~ F;~emiums. s Y~ TNE55 WHER' F, the sa~d MORTGAGOR has hereunto set his har.d and seal the day and year first afonresaid. ` d n deliver in t presence o4: ~ ~ ~ ° 1~ 't+ Seaq ~ _ - - s D. . Tr ef e e c~aq s _ 5..,.-. ~ ,;,,~i ' °q ~ - nevieve . xe e r (Seaq :s ~ STATE OF FLORIDA 1 _ ~ St. Lucie ~ u• { ~OJNTY OF RegiS D, and ~ Before me personally appeared ?refelner ~ Genevieve S. rrefela~r his wife, to me we~t known and known to me to be rhe individuals desc~ibed in ar.d who eaecuted the foregoing instrument, and acknowledged before me that they executed the same for the purposes there~n ezpressed- And the sa~d-_- ~neVl@V@ S• Trefelner ~ N~te of the sa~d - Reg1S D. Trefelner , upon a s~s~Ate:and privaJs • ~,~aminat~on by me taken sepa~ate and apart from her said husband, acknowledged to and before me that she ezecuted said instrumer~t freely i~!l~volvp-. . ' rar~ly and w~thout any compuision, constraint, app:ehens, n, w fear of or from her said husband. ' - - WITNESS my hand and off~dal seal this__ day of Ap=i1 A. D. 19 74.'` ` - .~~4~-(~--~__~ ~ > ~ ~ _ Notary Pub:~c in and for the Stat F Hbri~~.d•L1fj±e`~ (y''i . 's' - My Comm:ssion expires: , p ~ 1~ i - Retum To: ~ i ~ ~ : • ~ , ~ n d ~ ;y First Federal Savings 3 Loan Associat~on ~ ~ : Of Fort P,erce. ~ ~ ~ ~ `j~ ~ ' ~ •S ~ Forl Pi_•rcc. Flcrida - ` ~,y t O~ FILEQ A110 KEC~ROEO . i . ~ - T.lUC1E COUNTY fLA. ~ , , ~ S ROGER P01 ~RAS . ~~~RK CIRCUIT COURT . • ~ ~ This Instrument Prepared By J. H. Robezts JY. w,~ AECORO VEP~F~~D First Federal Savings & Loan Association rcU: of Fort Pierce ~ Riorida 1~ 3 S~ s~~ Checked By - , ~r ~ 2~-~~':_~.) Kr; r-=; BGCK2~6 P~~15 r5 ~ _ . d z ~ - - - - - - - - _