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Home My WebLink About1263 To pl~ci •nd continuovsly keep on tM bu~idiny raw a MreaftN ~iw~~~ oe~ ~~id I~nd and on ~II puipm~nt ~nd pKwnalty covsnd br this mortp~ y~. with all p~miwm ~h~reun ~~d in (ull, fi~e i~su~anc~ in iM uwal ~t~nd~~d poticy fo~m, in ~~um ~pprowd by tM MORTGAGEE, and wM+d~tain inw~anct in ~M u:wl aar+dard pol~cy (am, in ~ tum ~pprov~d by N?~ MORTGI1iGEE. i~+ wch compaoy a oompaniN ~s th~ NWRTG/1(ifE may dketq ~nd ~U fir~ ~nd wit~d~twm iniuranc~ policie~ on ~ey oi ssid buildinpt„ ~ny ieh~t thsnin or puf thtr~of, in N» appr~~~ wm ~for~s~W a In ~xpss th~nof, ~Mll conr~Fn ~h~ ~swl sundud mortgapN clws~ w s~ch o~hw clavs~ as tM MortpayN m~y rpv'u~, nwAinp th~ Iws vnda u~d poli~ ci~s, e~ch and ~vNy. payabl~ a aid MORTGAGEE as it~ in~Kest maY ~PP~+~. +~d aach +nd •~..r ~iKy .F?.n b. ao~+i~ ~u:prad and d~liva~d to any Mld by uid I~tORTGAGEE a~ funFwr security ~o said monpape debt. ~nd, npf less than tM (10) days in ~dvanc~ of th~ ~apin~ion of ~ach policy. tp d~. Nw~ to uid MORTGAGEE a renaw~l ~her~of, top~~hK with . rece~p~ t« ~M p.a+,~wn oi avch r~??~wal; and ~I+K~ slwll b~ no fir~ o~ windt~orm inwrana plac~d on any of s~kl buildtnys. •ny intcr~st eMr~w? or parl thereof, unleu in th~ form and wi~h tM loa payabl~ ~to.naidj u~d in tM ~vant any swn of mon~y becan~a p~yabt~ u~der such policy ar polici~s said MORiGAGEE shall Mv~ IM option to ~eceiw and apply tM sartN on acco~nt of tM tnd~bted nhs ~cv~~d hK~by a to psrmit said AAORTGAGORS to r~ceiv~ and us~ it at ~ny part theroof fa other purposes, withow 11+N~b~ waivinp w anpair- iny any p~?ity, lie~ w ripht ~nder o~ by virtw o1 this morlpa~r, ~~d in 1M tva+t uid MORTGAGORS iMll fp any nason bfl to kkp th~ Nid pr~misea so k?wred, o~ fall to d~liver promptly any oF ~id policies of inswareu to said MORTGAGEE, a fail promptly to pay f~lly ~y pn.nium the~~fa p i~ a~y r„ped fai~ b pNiorny dischar9e, execute, ~ffect, complet~, comply with a~d ~bid~ by thit cov~naM, p~ny part Mr~of, said MORTGAGEE may plap and paY fe? such inwrance a any put tAereot without w~ivinp or si(ectinp. ~nY option, Uen, eqvity, or ripht undN p by virtw of tAis Ma~9ap~, and the fvll amo~m of tach snd ewry wch payment shall bs immed'ately dw and p~y~ble and shall bear intae~l itom tM d~t~ th~r~of v~til paid ~1 tiw rat~ ol nin~ per centum ps~ a~num ar?d together wi~h suth intaeat shatS secured by Ihe liH? of ihis maty~~. To p~rmit, tommit w sufter r+o wast~, impa7rmeM or detcrioration of said prop~rty or ~ny puf thtreof. S. To pay a!1 ~d sin~vlu th~ cwts. cMrpe~ ~nd expense~, ioclud'ag a naiawbb attwn~y's fe~ ~nd oo~b of abttratt~ of titl~, incurnd p p~W ~1 any tima by said NtpRiGAGEE, because a i~ tht event of tM failurs on the pa~t of th~ said MORTGAGOR w duly, p?omptly and fulty pKforny d;aclw~, ~xecuts. effed. compkt~. comply with and a6:de by e~ch u+d every the stipul~t~ons, apreemen». conditiau, ~+d eoven+nb of s~id promiswry not~ ~r~d ~hu matyape any or either, and said cosn. charyes and expenses, each and ~very. thall b~ immadiately dw ~nd payaWr; whetM? a no1 tMn b~ nofice dr mand, attempt to colktl w sui~. pend~npr .~+d ~he full amovnr of each a~d wery such p~ysncn~ ~hsll bear tnt~st from th~ dN~ tMreof unril pad a~ tM rate of nine per centum pe~ amwm; and all said costs, cMrpes and expenses incurr~d o~ paid, fo~ther w~th wth i~t~rqt, ~MI) b~ Ntwed by IF» li~n of Nw matya~- 6. Tha1 in ths evet~t of any bre~ch of this Mort9aye or default on tM part of tM MORTGAGOR, p(b) in tM tvent +ny of said ~w~y of ma+~y her~in nferred ro be rar promptly and (ully paid within th~rty (3pl days nex~ aftx the same severally btcwn~ dw ~nd p~yabl~. without dsmand o? ~otic~. o~ W in tM twnt each ~nd evay tFie stipul~tions, aqr~emer,t~. oondi~;ens and covxunts of sa~d promiuwy norf ~nd th~s morlpap~ aMr a Ntlw a~~ no1 ~uly. promptly and fully pe.Ewmed, d~sch~.~ed. execured. efieded, complered. canplied with snd abided by, tMn in ~itlw or ~ny such ~wnt ths uid ~p. pregat~ wm mentioned in said promissory note the~ remaining unpaid, with intcrest acuued, u+d all moneys secured hertby, ahalf becwn~ dw and p~y~ abls fwthwith, ot thereafte~, a~ the oprion of said MORTGAGEE, as ivUy and completety as if all of the said ~ums of morNy wen orpinally atipul~ted to be paid on such day, anything in sa;d promiuory note or in this Mortgage to the contrary notwithstandinp; and thereupon a thereaftM a1 tM option of said MORTGAGEE, wiihow notrce or demand, suit at law w in equity, therefwe u thaeaher beywy may be prwecuted u if dl money~ secw~d henpy had matured prwr to its ini~iturion. 7• Tiwt In the evmt that at the beginning of or at any time pend;ng any wit upon this Mortgage, or to fpetlw~ N, p to nfwm it, a to enfo?p payment of any daimi he~eu~der, s~id MORTGAGEE ahall apply ro the Covn having jurisdKUOn ~hereof fw tM sppointmMt of ~ Receiver, wcb Coun sMll forthwith appoint a receiver of iaid mcrtgaged property atl and singular, intlud•ng all and singvl~r tM i~, profib, iuws and r~wnues from whafwer twrce derived, each and every of which, it being expressty understood, is hereby mortgaged u if spetifiully Nt (orth ~nd dMaibed in the qrantinp and habendum clauses hereof, and such Receiver shall have ~I! the broad and effective functions end powen in anywise eMrvated by ~ Co~H }o ~ Receiver, ~nd such sppointment shall be made by such Court as an admitted cquity and a matter of absolute right to said INORTGAGff, ~nd'withoof nftrsnce to th~ adequacy w inadequacy of the v~lue of the properry mortyaged or to the wwency w inwlvcncy of said MpRTGAGOR p tM d~fendants, and fhat such renrs, profi», tncome, iswes and revenues sMll be applied by sud~ Receiver according 1o the lie~ p equity of said N10RTGAGEE and tM practics of suth Coutf. 8. To duly, promptly ~nd fully perform, discha~ge, execute, effect, compiete, comply with and ~bide by each u~d wery tM st~ulatara, y~~emants, conditions and covenanrs in sa~d promissory note and th~s mortgage set fath_ 9. Th~t in the evcnt the owne?ship of the mortgsged premises, a any part thsreof, becomes vested in • penon otMr tMn t!» MORTGAGOR, tM MORTGAGEE, its succeuors and asaigns, may, withou~ no~;ce to the MORTGAOR, deat wi?h such successor w wccessor in interest w;th referee?c~ to this mort9age and the debt ixreby ~ecured in the same man~er as with 1Jbrtgagw withovt in sny way vitiatinp p dixhupiny tM AAortyagors' liabiliry her~- ~nder or upon the debt hereby secured. No sale of the premises hereby mwtgaged and no fwbaara~ce on the part of the AIIORTGAGEE p ib successon or +uigiu and no cxtens~on of ~he time for the payment of the debt hereby secu.ed given by the MORTGAGEE or its successors q usip% ~ly~~ ppe~~t~ ~o releax, disch~rge, modify change w affed the orig~nal I~ab+i~ty of the MORTGAGOR herein, either in whole or in psrt, 10. It is specificalfy agreed that time is of the esxnce of this contract and that no waiver oi sny obliy~tan hereundtr or of ths oblipatan se- ared hereby shall at any tirtK thereaher be held to be a wsiver of the terms hereof or of the instrurnem secv~ed hlrby, ' 11_ In add~tion to 1he fwego'rx~ monthly payments o( princ'pal and interest required by the promissory nole secured hereby, morfg~go? tovenanfs and agrees to pay ro morlgagce with each monthly payrnent an add,rional sum estimated by mortpayee to be eqwl to 1/12 of the annval cast of flw follow- ing: A-All real property taxes levied or assessed against thc above dex~ibed real estate. B-Premiums on fire and windslorm insu~ance as herein requ:red to be carried on the cmproveme~h situate on the ~bovp destribed pr~myes, C-Premiums on euch mortgage guaranty insurance as mortgagee shall from time to time deem lit to ca~ry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing pf the amount dve a~d payab:e hereunder and suth wm shall fhe~eupon be due and I payable on the due date of tF.> next momhiy payment and each successive mont6 thereafter ur.til mortgagee aha11 notify mortgagor of a cFWnge io wch amount. Such surns shall be applied by mortgagee toward fhe paymeM of real prope~ty taxes, insuraisce prem:ums, and mortpape guar~nty iruurance premiums. . IN WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto ~et his hand and seal the da and year f ~fw Sgned. Sealed and delivered in the presence of: n ' . ? n ~ C hia H Trefel r n STATE OF fLORIDA ~ St. Lucie courm oF eer«e ~ ~.,«?.uy ,~,,.~d _ Ti~othy ?refelner _ CytltZf~d H. Trefelner ha wife, to me well known and known to me to b~ the indiv~dwls dcw~bed in ~nd who eaecuted the fwe9oing instrument, and acknowledyed befor~ me that thsy ex~wted the sarM far th~ p~rpw~s r~.~~ ~x~.~~d. a,a rr~ .a~a_ Cvnthia H. Trefelner wife of the said T~.othv ?r efelner „~,.,ta ~~d ex~minstion by me taken separats and apart from Fro~ taid husband, sdcnowledged to •nd befwe me th~t she executed said irotr~ment freely ar~d volw~- rarily ar~d without ~ny compulsion, co~istraint, sppre/~ w feu of w from her ~aid husband. WITNESS my hand ~nd official seal thi: d~y /~t1 qSL A. 19 75 F FtIEC I,y~ . - ~ ' ST.IUCiC -~UNTY FLA. N~•~r Pub~K in • f SNt~ of Fbrid~ ~t Lar~ i Retum To: k::EF: ~0liRAS My Commiu"an ~zpires:^-~ _ _ Fint Fede~al Savi s 6 toan Association o~lF~1:r=.,:r ~1~ G~URT~ r w~ - ~ "9 ~.f,1R~1 V {c f~~ ~ - . Of Fort P~erce. L, ..s- ~ . - ~ t,..~ Fort Pierce, Florida w~~w ~ ~ ~ ~ .wA iWY . -i r 314.Q82 . - This Instrument Pre red B " " ~ _ Pa Y Gary F. Ellwood - First Federal Savings b Loan Association ' ci ~ . of Fort Pierce, Rlor ida 33450 ~ - Checked By~,t~~ ~ ' " - - 4 ~ a ' ~ :U ~ , „ ~ <<. . ~DDX~ ~PAGE ~ . ~ ` ~ ~''~+,r~~h~~~ s : i: Cj 2 ~ - ; ' ¢ . ~£'r-r-~' ~..'z , r.~r^;::.~ ~t:i _ ~-ry ~ _ ~ r"".y.~s~~ ~.~-~v-s,°~' tic~e, ~ , . _ _ . _.,z 4~<°'"~"y.'iir _ . 9.. .