HomeMy WebLinkAbout0237 3. To ptace end continuou~ly keep on the b~~!dir.gs now or herea(~er ~iruate on seid lend and on aU equ~prnent and penona~ly covered by Ihis mwt9- ~
age, with all p~emiwns the~eon pa~d in full, fire insuran,z +n 1he ~s~~l etandard po!~cy form, i~ ~ s.,m arproved by the MOR~GAGEE, and wmdsto~m
,ns~rance in tM usual standard po~~cy form, in s sum approved by the MORTGAGEE, in iuch compa~y or compan~es as the MORIGAGEE msy
d:rec~; and aU (i~e snd wir.dslorm insu~ance polic~es oo a~iy of said buud~~gs, any intar~st Ihere~n or part thereof, i~ ?he aggregate ium aforesaid w ,
in extess tiKreof, shall :ontain the usual sta~sdard mo~ty~ger ciause or wch o~hm clausa as ihe Mortgagee may requ~rs, making Ihe ioss under sa~d polf
c~es, each and every, payav!e ~o said A10RiGAGfE es ~ts irnrrest ~nay appear, and c.xh ar.d every s~ch po,icy s~ail be p~anptly ass;g~~ed and de:~vered to
eny held by said l~10RiGAGEE as funher srcurity to sa~d n~oftgage debr, anJ, not less than ien (IOi days in advance oi the expirotion of each policy, to ds-
~~~er to taid 610RTGAGEE a renewel thereof, together with s rete~pt for ~he p~e:n~um of wch ~ener.a~; ~nd Ihere shall be no fire or Wi~dsturm insuronce
placed on any of said build~nge, any interest therein or part tF~ercrof, un!ras in th~ fonn ar~d w~th the loas n~yable as afo~eseid; snd in the e~ent any sum ~
of money becomes payable ~~xler wch policy o~ policies s~id MORTGAGfE shaH have the opnon ro recewe ond apply the same on account of the indebtrd-
ness secured hare6y oi to perm;t aa~d M.ORTGAGORS to receiv3 and use it o~ any p.~~t ~u.•:.•oi fo• cincr ~;V:!~OSGS, ~Y~~(10Jt ~h_r~o: ,n,a;~;.,g or ~~npain
;ng any equity, Gen or ~ight undcr w by v~rtue of this mo:'gage; ar,d in the event sad M~RiGAGORS shall for any raason (ail to keep the taid premi3.s ao tsr-
nT~:.ed, or fail to deilver promptly any o( sa:d poiicies of insu-ance to sa~d MORTGAGEE, or f~~l p:o,r.pNy to pay (u:ly any pre~nium therefw or in a~y
resFect fail ro perfoim, d~scharye, ex.+cute, effect, ca~~p:ere, comph~ wi~h and ab~de hy thls covenant, or any part hrreof, said MORTGAGEE may piace and
pay for such ins~rante or any part thereof •r.nho~t waiving or affecting any oF•~:on, iien, eqwty, or ~~ght under or b~ vi~lue o( this Mortgage, and ~ht
+v't amount of each and every such pa~ment sha;: oe i,nmcd~aRe!y due ~~~d payab!e and ~hal! bca~ intcicst from the date thereof until paid at the rate ol
:e per ceritvm per annu~n and to~rih:•r ~~ith su:h i~vc'es+ sh.,il ! e secwed by the ':en of this mortgaye.
4. To permit, commi? w wffer no waste„impai~+,~ent or de~rr~orat~c~ of sa~d prcpe~ty or eny part thereof.
S. To pay all and singular the costs, chargas and expenaes, inciud~ng a reazonable 3ttocnry's fee and costs of ab~vacts of title, inwrred or paid at
~ny tim,e by sa~d MOR~GAG:E, because or ir. ~he event of fhe fa;iure on 1i~e part of the sa~d M.ORiGAGOR to duly. oromptly ar.d fully per(o~m, discharge.
_ ec~ie, effed, tomplete, comply w~~h and ab:de by ea.h and every ~he st~pvfat~ons, agreemen~s, cond~tions, and covenams oi ta~d prwnissory note and ~his
~rgage any or e~iher, and sa d costs, charges end expenses, each and every, shoil be ~mmrdialrly due and payab:e; whe~her p not there be notice do-
m.~~~.f, attrrnpt to collett o~ suit pend.ng; ar,d ihe fuf: amouM of each end every svch paymeN sholl bea~ interest from the date thereof until pa~d at the ~
n,r~e per centwn Her an::u-n; a~~c: a~~ sa;d c..srs, ci,a ges e~~d ..~;:~•~:s•rs ~ntwred or Na~d, togethrr ~v~th :uch interes~, shall be setured by the hen of this
,-,o~rgage.
6. That (n) in the event of any breach of thts Mortgage or deiau't on she p.vt of the MORiGAGOR, or ;b) in the eveM any of sa:d sums of nwney -
I~ere~n refrrred to be not promptiy and fu'~y paid w~thin thuty (30) days neat e*ror the same se+era:ty become due and payabte, withou~ demand o~ notice,
:r ;:1 in the evem each and every ~he sripu~ar~ons, agreements, cor.ditions and covenaros of ;a:d promis:ory note and this nwrtgage any or eirher are nd
i,:y. p,romptiy and fvHy perfermed, d.s:harg•~d, exe:uted, e!fecred, to~n~ie'ed. ce~npi~ed ::i!h a~~d ab~ded 5y, then in e:ther o~ any such event the said sg
~r..~ate sum mentioned in sa~d prorn~szo•y ne!e tnrn rei~•3~n:ng vnraid, with icterest acc:~~•d, and aR mo:~eys sewred hereby, shall betome due and pay
+oa forthw~th, or fhereafter, at the crt~on uf s,~d htORTGAGEE, as (uUy an:i comp:rre~y as if all oF ~h« S3id wms of money were onginaliy st~pulated
he pa d on wch dey, anyth,Rg 1n ~a d pre^:.ssory note or in this hlortgayr ro ~n~ [on•rary not,vithstar,d~~ig; and thereupon or thereafter at the opt~on of
:.ti10RiGAGEE, v.dh~ut noece o~ dernc~~d, s~~~t at iaw or in eqwti, the~eiore or !t;er~•aittr t~egun, may be prosecuted as i4 aI) moneys seCUted hCreby
• a ~natured pr~or ta ~ts instit~t~on.
7. Thaf in the event ~hat ar the 6ey:nn:ng oi or ar any tlme pend~r~g a~y r.: t u~c,n this hlortgag~, or to forectose it, or to reform it, or to enforce
,,.-c -f „-y ..,..~rs herrund>_~, sa~d Jt1U~Tv..~`.t sha;I s;Yly ro the Coc~~ h.~.~~ 3~u~ ~:i.ct:on thereof for the appo~ntment of a Receiver, such Court shall
~.vrh a;.~u~m'a recriver of said mo:tqa~ed prc~ ~rty aC a.~d S~~~yv:ar, (nc ,J a~d s~~~v~ar the irtcome, profits, issues end ~evenues from whateve~
~ d~•~ved, eath and e•1ery of ~n,h.ch, n b.,r~ .•a~:+rss!i ~,~.dc;s'ce~l. ~s fer-_L~y r~rry.a•}ed as ~f speufica{ly set fwth and described in the graaing and
~dum c:auszs he~eof, o~~d svch Rrceivr: snai: ha.e a~f the b:oad and c~iec•.ve t~-~.•:ns dnd pov.ers in anywise entrusted by a Court to a Reteiver, and
~ ~ 3;:poin+ment sh;li be made by such Co~~+ as an ~d~nittrd eq~~!y and a rra+vcr ci at;o~~te riytu to said AM1ORTGAGfE, and without referente to the
,.,.y or inadrquacy ot tne va:~e of the prGFi_~~j mo~rgayed or to rhe sc.rn_; er ,~.r.~~cy of sa~d MORiGAGOR'or the defendants, and that such
~s profrts, income, iss~es and reven~es snall be apa6ed by such P.ece~.er accoru..~g to !he Gen or equity oI said MORiGAGEE artd the ~ttice of wth
c_rt. ~
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8. To clu'y, prompr'y and fuliy pert,•~n, d~s:harye, executa, effect, complete: :u~e,F.:~+ w~th and ab~de 6y each and every the stipulations, agreements,
i.~::ns and cov~~na:~~s i~ s;~~ pror.~:sicry :~cte and ~n;s rno:!gaye sct forth.
9. ~iat in che e.~~~t the cv.n•~rs'n:E'of the mo:!yage~ prem~ses, or any par! tner.:of. Ee;omes vestcd in a person other than the MORTGAGOR, ~he
. >AGEi. ~+s sv:c. zsc~s an:l ~s..~~: :•ay, w:tno::~ •.o:l:e to rr:e f: ORTt.C,OR, dee! w~~h a~ch successor or svccessor in interest with refeienct to this
~•J~ge a~.d tne d_i~t hercb/ sccui~d,in tf e<3r.~~a ma~:~:er as N':iFl ~~Iu~l~d'a0~ w:t!~eut in any way vil~ating or d~scharg~ng Ihe Mortgagor3' liability here-
or uC~n the d~~f t•,_•~e~ f s~~ : rd ?+c, s~:e ot r e p.re•r.•ses h~~reby rnortgagrd ard no fo~beara~ce on ~he part of the MORiGAGEE o+ its succeswrs
',s;.g::s a~~d r. e~!rrs.o-~ of tl^;~ !cr ri~r E.e,~.~e~~~t oi t~e deb+ h~~rb: sc:~red g~ven i~y the IAORTGAGEE or itt wccessors or assigns, a~~all operate
e.,se, dscharge, mcd:fy charye cr ai~ect the u~~g;nd4 :~ao i.r7 of th^ +J,ORiGAGOR i:erein, eithcr in whole or in parL
10. It is s,r.ec~ficatly agrerd rh~+ f=,~e ;s of the e~s?:~ce of tF ~s contcac+ and thai no waiver of any ob~iganon hereunder or of the obiigation se-
j •ed 'nrreby sha!: af any time thereaf~er be hc!d +o b•. a wo~:er of the •?:ms hEreof or of the ir.strument szcu~ed herby.
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11. In a:::~ t~c.~ •o r» foregc ~g or,m'y paym~rnts u! f:: ~::c ,,~I ~nd i~.•eres~ ~ey~.rcd by the prom"scry rote secured hereby, mortgagor [ove~ants
i
~ i a~rees to ,:ay to r~crrg+g._e r,:rh eac~ ;.a~, .e+~t ~~~'i •_~al svc: er. ^.~+ed ir~ mo+igagee to be equai to i.12 0{ the annua! cost of the follow-
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~ A--A~I rea! Frope.r~ ta,=s :r~~e~ o~ d55^SS~_~ eg:~^st t~^ a';ove descri~.d reai es+:~te.
~ 6-P:~~:.. s c•i ~,~e n::~ ...~,dsro.~., Irisu~ar-e .s ner.::r; ~ q~..•~ci to b~~ ce<<••d ;n !he :m;;rov_ments s:tuate on the above d_scribed premises.
G-PrEr. :un~3 or. su<h n:^rr~: a~ gua~ :r.ty ~r:s~~ra~ ~e as mo•fo~g~~ sha'i '.oT •~r,~ ro ti~ne deer*~ fit to carry on the loa~ secured hereby.
~ r~ortgag.r s'~~ • f~om nn...• to >:~•:P n,'~f, ~,o~'~ag~~ r v,nr.ng of the a~:~c.,~t d~•~ and payabte hereundrr and such sum shail therevpon be due and ~
t thr d.~- ua'e ,f rhe ~..t ~~h:y ;:.~yr a:~d each s~ccessive mo-~th tn~~re;tter ur:til mertqagee shall notify mortgagor of a ehange in such
? ,:~.r. S~ch w~ns s1•a:i De a~:F~„ed b~ mor~-.~-e to~ ar~ +i~e ua;:r.ent of reai p•openy taxes, insurance piem:ums, and mortgage guaranty insurance
~ . . ~;s.
~ i~J .'11T^:ESS 'r'~HER~UF, 'ne sa~d 1Y,ORiGkGpk nas here~^ro se! his hacd and seak the da ear fint a{oresaid.
s S~gned, Sealed and de~ive~ed in the presence ot: fILEO A!IL; R~CORDED r
~ ST. LUCi! vUl1NT11 FLA. Seal)
~ ~j- , p~~;,Li cO~TRAS nnis R. TY lner ~~ai~
~ CIE~r ~:t:.~;T COURT l ~ ,
h R'r~~~'~:'.ic~Ep ~ ,
Vickie J. efelner
~ ~-t-~~. - _
~ OF fLORIDA ~t~ 6 i~ az pN'75
30~91~
~ ,•arr ov St._ Lucie i
Denn i s R. ?r ef e n er ~
x~ Beforc me penonalty appeared ~ and }
s; _v_~~~~_~~~refelner h~: wife, to me well known and known to me to be :
+nJividuals describrd in and who executed the fcregoirx~ instrument, and acknowtedged befwe me that they executed the same for the purposes i
-~e~n expressed. And the said_._____-_ Vlckie J. Trefelner
~ D nis R ?refelner
of the said _ • upon a separate end p~ivats
nat;on by me taken se,,arase and ap, rt fro:n her sa~d h~sband, acknow:ed~ed ro and before me that she e~etuted said instrument freely and volum
; and w!thout any comN~',s~on, co>>stra~nt, anprehens:on~,/or~ fear of or from her said h~sband.
~ NlITNESS ~T,y Fw~,d and ojfioaf serl thr. ____5
St'!~! _ day cf A. D. 19~~
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Notary P~blic i nd r the State of Florida at Large
= My Comm~ssion expires:
Ret~rn io:
=~~st Fedrral S..~ings 3 loan Asiov;t.on ~/olory PvbMe. S~oh of F1o~iaa ot loroe..
Oi Fort P.:.;~.~, My Commission Exy::es !ely 42. 1977
Fort P~eice. F~c~r» L:c.. Arrericon Eira 8~ Cosue{ty Cp~
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" This tnsirument Prepared By Joh» W. Cvllins s%," ; _
_ First Federat Savings ~ Loan Association ~ : ~ ~ r : ;
= of Fort Pierce, Florida 33450 ~
~ Checked By '
, ~ BOOR ~J~ PA6E ~JU - . . .
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