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To plac~ ~nd continuowy k~p on tM b~ildinps now w Mse~ftN ~1tw» on ssid land ~nd on ~II p~~pm~nt u~d pnsa?alty covK~d by thts rewrp~
+q~, with ~Ii pnmivmf the~wa paid in fi:ll, fin insur+ru~ in th~ uswl srandard policy form, in a sum ~pprowd by rht MORTGAGFE, and win~bto.m
tnsvru~p tn tM uswl aandud policy fam, !n ~ sum spproved by tM MORTGAGEE, in such company or compan;q as tlM MORTGAGEE m+y
dindt and dl fir~ and wind~torm i~w?ancs policies a+ any of ~aid build~nps. ~ny tn~~~sst therei~? or p~rt tMreof, in tM ~re9aq tum ~foretsid or
in ~xttu theroof. sh~ll conuin th~ ~sual standud mortgsyee c~ause w such other clavs~ as Ihe MorlpaQes m~y requu~, rrwkirg the loss unda said potF
ci~s, tach ud ~vKy, paYaW~ to said MORTGAGEE a its interest msy appea~. ~nd cach and wery such policy shall M p~ompfly su:yned and d~livtred ro '
~ny heW by s~id MORTGAGEE u funiwr secvrity to said mortpage debt, and, na kss than ten (lOt days in advance of th~ ~xpiration of exh policy. ro dr ~
tiwr to said MORiGAGEE a rsntwal the~eof, toQetMr with a receipt for tM premium oi tuth r~newal; and there sMil b~ no fire w windstorm insuanc~ t
plaad on ~y of said build~nps, any interest thKein w part tF?e~eof, unleu i~ the fwm ~nd with tM losi payable as atore~id; u~d in the ~vent aoy wm ~
of mpNy becpnq p~yabl~ under such polity a poticias ssid AAORTGAGEF shall have eF~s o~t;on !o receive and spply the s~rrK on accou~t of the ir~debted-
nest astwed i~eby or b permit said MORTGAGORS to reteivs snd use it ot a~y parl thereof fw other purposes, without thareb/ waiving w impair• ~
irg u?y puity, li~n a right under a by virtw of this mort~age; ~nd in the evem ~std MORTGAGORS st?all fw any ~eason fail to keep tAe said premisa so ~
inswed, or fall 1o d~livrr p~omptly ~ny of said pol;cies of insurance to said MORTGAGEE, a fail prompNy to pay fully ~ny premium therefor o~ in any
resp~ct fail b pafwm, dischuye, eaecute, effect, complere, comply with ~d abids by this covenant, or any ps~f hereof, iaid MORTGAGEE may pl~ce and ~
paY for s~rch irouranc~ or u~y part tMraol without waivirg or ~ffectirp u?y option, liea, equity, w r;gh? vnder or by eirtw of thii Mo.tp~, ~,d th~ '
full amovnt of esch and twry such payment sMll be immediateiy dw and payabk and shsll beu inte~eit fcom the daq thereof w?~il paid ~t ths r~b oi ~
nins pN tentvm p~t anrw,r ~nd togelhe~ wirh such interesf shall be secured by the lien of this mortgsge.
1. To pwmit, ewnrnit a suffa ~o waste, impairment w dete?ioration ot said property or any put theaeof. E
S. To pay all and s~rgutsr tke casn, charges and expenses, intluding a reasor.a!+!r attwney i fee and costs of abstracts of title, incwrad w p~id a1 ?
any time by s~id J~1pitTGAGEE, becwse w in the event of the failure on ths part of ~he said MORTGAGOR to duly, prompHy a~+d fully perform, d~scharp~, ~
execvt~, effep, oompl~t~, cornply with and ab:de by each and every the stipulations, agreemenb, conditions, and oovenany of said p~omissory nots and this
mwtQsQ~ any a either, end ~aid costs, charges and expenses, each and every, shsll be immediately due and paysble; whether o~ not there b~ not;ce de. ~
muid, ~ttempt w collecl or wit peixl~ng; snd the full amouM of each ar?d every such payment shall bea? interest from ths date the~eof untit paid at ehe
refe of nine per centwn per annum; and aN said costs, charges and expenses incuned or p~id, togcther with suth iNerest, shall b~ setvred by the lien of Ihis
"wrtpp~•
6. ihst (a) in the went of any breach of this Mortgage w dcfaulr on the part of the MORTGAGOR, or (b) in the event any of said svms of nwner
herein nferred to be oot promptly arxf fufiy paid within thirty (30) days next after t}~e same seve~atly betome due ~nd payable, withou~ demu+d w notice,
or in the event exh ~e~d every the stip~rlati«u, s9reements, conditions a~d cove~snts of said promissory note and th~s mwtga9e any w either aro no1
~uly, prartiptly snd (ully performad, d~achargcd, executed, effected, compteted, compiied with ae+d abided Sy, then in e~ther or any such evsnt tht said a~
g~egat~ wm mtnr'pned in ssid ptomissory note 1F~en remaining unpaid, with i~terest wvued, and all rtaneys secured hereby, shall becort~e dw aind pay-
able for2hwitF~, or thereafter, ~t the option of said MORTGAGEE, as fully ard compk!rly as if all of the said wms of mo~ey were wiginaily stcp~l~ted
to be paid on wd~ day, anything in satid.prom~ssory oote or i~ th+s Mortgaqe to the conaary notwithstanding; and thereupon a tF~ueaher at the option of
said MORTGAGEE, without notice or demand, wit ~t law w in equity, therefwe or thereafier begun, may be prosesuted as if ~II nwnep secured hereby
had mihNed prior to in inttitution.
7. That in 1M event that at the beginning of or at any time pending any svit upon this Mortgage, a ro foreelose it, or to roform it or to enfwoe -
payment of ~~ryr daims here~nder, said MOkTGAGEE shall apply to the Court having juri:diction thereo! fot the appointment of a Reteiver, such Covrt shall
Forthwith ~ppoinf a receiver of ssid mortgaged prooerty all and singular, includmg all and si~gutar the income, profits, iuues snd revenves from whatever
sourte de?ived, eath and every of which, it being expressly understood, is hereby mortgaged as if specifically set fwth and dexribed in the graming and
habentlurn cla~rses hereof, and suth Receiver shall have all the Moad arxl effective functions and powen in anywise entrusted by a Court ro a Receiver, and
such appointment shall be made by such Cowt as an admifted equity and a matter of absolute ~ight to said MORiGAGEE„ and without reference ro the
adeqvscy or inadeqwq of the valve of the propery mortgaged or to the so~vency or i~solvency of said MORTGAGpR or the defendann, and that tuch
r~~~ p?ofin, income, issues and revenues shall be applred by such Receivea accord~ng to the (ien or eq~ity of said MORTGAGEE and the practice of such
8. To duly, promptly and fully perform, discharge, execute, effect, eomplete, comply with and abida by each and every the slipulations, agreeme~ts,
conditiont and covenams in said promissory oote and this mortgage ut fwlh.
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9. That in fhe event the ownenhip of the mortgaged premises, w any psrt thereof, becomes vested in a penon other ihan the MORTGAGOQ ths
MORTGAGEE, its succeuas and ais~gns, msy, ~ithovt no~ice to the MORTGAOR, deal with such ~uctessor w-wccessDr ;n i~terest with reference to Ihis
mort9iye and the debt hereby secured in the same manner as with Mwtgaga without in any way vitiating oi dischar~ing the Mongsgws' liability Ixre-
under w opon tl+e de4f herrby secured. No sate of the premises hereby mortgaged--snd no fabrarante on the part o the MORTGAGEE or its successon ~
w asi ns snd no e:tension of the time for the '
~9 payment of the; debt lu~reby secured given by the MORTGAGEE w its wcoessors or assigns, shall operate i
ro rekase, disshuge, modify change w affect the wig;na! (iability of the MORTGAGOR herein, either in whole or in put.
10. It a specifically agreed that time is of the esurxe of this contract ar~d that ra waiver of any oblgafion hereunde? q of ths oblipation se~
cured hueby ihall ~t any time thereafter be held to be ~ waiver of the temu hereo{ w of the iratrument secured herby.
I1. In additww to the forego:rg mw~thly paymenfs of-princ:pal and interest required by'the promissery note secured F?ereby, mortgago? covenantt
and agrees to psy to mwtgagee Lvith each monthfy payment an addirional s~m estimated by inortgagee to be eqval to 1/12 of the annwl cost of the folbw- ?
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A-All real property taxes kvied or assessec~ agai~st the above described real Sstate.
B-Premiums on fire and windsto.m insurance as herein requ~red to be wrried on the improvemeats situate o~ the above desuibed prerriises.
C-Premivms on suth ri~ortgage guaranty insurance as mortgagee shatl from time to time deem fit ro carry on the Ioan secured hereby,
Mortgagee shaN from Yrme to time not;fy mortgagor ;n writing of the amount due and payabk F~eunder and such sum shall thereupon be due and
payaWe oo the due date of the next monthly payment and each successive moMh thereafter ur.til mortgagee shall notify mortgagw of a chan~e in such
amount. $uth sums shall be appiied by mwtgagee toward the payment of real property taxes, insurence prem:wn~, and mort varan irtwrtnce
premiwm. 9~ 8 ~Y
IN WITNESS WHEREOf, the said MORT6AGOR has he~eunto set his hand and seal the day a ear fint ~fwesaid.
Sealed and liv in the presence of: i
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STATE OF fLORIDA ~ ~
ST. LUCZB i
courm oF ~
~iOe11fQ iiy Williaa R. Dannshow~er and Luci¦ A D nshower ~ his .ife
waYns ~~~es, .hr. and Patricia A. S~nes his wife ~;,,W;~to ~„~r~ k~o~, ,~,d k~ ~o ~ ro
the ~ndividwb deuribed in and who executed the forepoirg instrument, and acknowkdged before me that they executed the same for the porposes ~
rne..~n :~a. a?d ri,. a~a wcia A Dannahorrer wife of the a
~ Wi 11 i ~s o. ~
~,wif~~f..t~~~Aj~~Cls A_ Sine~e ~rif~ e~f he a~iA {~i~~~ Si~QSTJ~~ ~~,~te ~nd privat~
examinatio~ by me tsken sepuste and apa~t from her sa~d husband, adcrawledged to and before ms that she e:ecuted said instrument freely and vot~
tarily and witlwv~ anr compulsion, constisint, apprehension. lear of o~ from Fxr said husb~nd.
WITNESS my hand ~nd official seal thi dsy of ~Z A. D. 19~~.
~
Notary Pubtic in ~nd for t State of Flwida at l~r~
Retum Ta MY ~m~ssior? ~xpires:
~.~teeN/H ~ ~ ~ ~NR 0~ ri~fjdi
First F~al Savir~s 3 loan /?ssociation ~ ~ ~ ~
Of Fwt Pferce. er~ ~~~..R.~..~~~>i-~~~y~ ~r COtAAtss1011 E
. • ~ _ ` ' , _ . .
Fwi v~a~. Florida ` ~ • ~•..•w ti ~ 1969
V:~ ~ "~'7'5~~°
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_ ; ~ r-' ~ = ; r- = F'L~D AND REGOPOED
s~ o•_' ''r ST. LUCIE COUNTY. Fl.•;. ~
This Instrument Prepared By . . ~ _ ~
First Federal Savings b toan Association ':,y~' ~~L.Q RECORO VERIFIE~
of Fort Pie~ce 7~, : ' ::r ~C'~~'
John w. Collins ~~~~'''%,;~;;;;~:,5~ t 1969 r°t~~N i 0 AM I I:$:i
c~~ ey - ' ROGER ~p~TRA5
gQR~ ~E CLERK CIRCUIT COURT
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