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Home My WebLink About2633 3. To plac~ ~nd contievously ke~p on th~ buildinys now or Mr~+hN utu~a o~ sa~d land and on all equiprn~et ~nd pasonally covaed by this mortg p~, with ~II premiums thereo~ p~~d in full, firo insvranu in t1» us~al sra~d~rd poliq form, in ~ sum approwd by tM MORTGAGEE, and wird~tam inswana in tM ~iwl standa.d pol~cy fam, in a sum approv~d by tM MORTGAGEE, i~ wch company w canP+n~es ~s ~he 1V?ORTGAGEE may dinctJ ~nd ~II tin a~d windstwm insuranc~ policisi on +nY of ~ald buildinps, ~ny interost therein or p~rt 1Mreof, (n tM a~yrey~t~ sum ~for~iaid a in ~xaa the~eof, thall confain ~M usual itandard mortgapee claus~ a iuch otha~ clauis as tM Mo+tp~9es may reqv'ae. makinp tM lou unda said poli~ ciss. lach and eve~y. p+Yabl~ ro said MORTGAGEE as in intereit may +ppear, and each ar?d every s~ch policy ~hall be promptly a~s:yned and dtlivered to ~ny MW by said MORTGAGEE at turther seturiry to said mor?p+g~ debt. +od, not Icu Ihsn ten (10) days In advance of tM expiration of each policy, to da live~ to Nid MORTGAGEE • r~newal Ihtreof, topethN with • receipl fo~ Ihs premi~m of iuch renewalt and fher~ shall b~ no fin o~ wind+lorm insurarK~ pl~ctd on u~y of said buildings, ~ny inte~est there7n or part the~eof, unleu in ~ht fum and with tM lou payable as afw~said; ~nd in tM evsnl any wm of monty becan~s pay+blt ~x~der such policy w policiss wid MORTGAGEE shall haw the option to receive and apply tM same on accouM of the indebted- ~ neu sec~~~d h~rsby w ro permit ~aid MORTGAGORS to receive and ~s~ it ot any part thereof 1w other pu~poses, wilhout tha•eb~ waivin~ or impair- E irq any puity, lien or ri9ht unde~ w by virtw of this mort~aye; ~nd I~ the went said MORTGAGORS sF~all fw any reason fail to keep the wid prem7ses so insured, or f~il b dtliver promptly any of said policies of insv?sncs to said MORTGAGEE, w fail promptly to pay fully sny p~emium the~efor w in any resp~ct fail to p~rfwm, dixharge, execute, ef(ed, complers, comply w~th and abids by th~s covenant, « ~ny part hereof, said MORTGAGEE may pl~c~ snd paY fo~ such insu~anc~ or any pa?t thaeof without wsivinp or aHectinp any optio~, Ikn, equity. w rtght undar or by virtw of this Mony+~, and the full amouM of each u+d ~very :uch payment shatl be immediately due a~d payabla ar~d shall bear inte~est from ths dats thereof until paid at tM rat~ ol n~ne pe~ tentum per annum and togNher with suth interest shall be secured by ths lien of thw mwt~sge. 1. To pKmit, tommit or wffer no wsits, impairment or deterarstio~ of said property or ~ny psrt the~eof. S. To pay all ~r+d uny~lar the cosn, char~es a~d eapeoses, inclvdinp a reasonable attorney's fee snd cosb of abstrads of tiNe, incurred a p+id a1 any time by s~id MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR a duly, promptly and f~lly perform, d~uharya e:aute, ei(ect. complete, comply w~th and ab:a'e by each a~d every the stipulations, agreements, conditions, and covenants of uid promiswry note and this mortgape any a ei?her. +nd iaid costs, ch~rges and expenses, each and every, ihall be immediately dw ~nd payable: whethcr w~?ot thcre be ~orice d~ mand, attempt to colktf or suif pending; snd the full amount of esth and every s~th paymeM shall bear inferest from Ihe date thcreof ~~til p~id a1 the rate of nine per centum pcr sm~um; and all said costs, charges and expenses incurred or paid, together with wch in~e~est, ahall be aacured by the lien of tha mort~ap~. i 6. Th~t in tM ev~nt of a~y brexh of this Mwtgsge or default on the psrt of the MORTGAGOR, or (b) in the evenf ~ny of sa~d :vms of mon~y herein refe~red to be ~ot promptly and fully paid withi~ th'uty (30) days rtex~ afro~ the aame severally become due and payable, without dem+nd a notice, or (c) in the event cach and every tF+e stiputatian, sgreements, conditions and covenants of sald promiuory note and th~s mortgs~e any w eill~er ue ~01 iuly, promptly and fully performed, discharged, execured, effec?ed, completed, compl~ed with and ab~ded Sy, tF+en in either a any :uch event tM uid aQ~ gregate sum memioned in said promissory note then remaining unpaid, with intcrest acuucd, and all moneyi setured hereby, sFiall betome dw and pay- able forthwith, a thereafter, at the option of said MORTGAGEE, ~s fully and campletely as if aIl of the said sums of money were wgin~lly st~putated to be paid on such day, anything in said p~omiuory note or in this Matgage to the contrary notwi~hstanding; and thereupo~ or thcreafter at the opt~on of said MORTGAGEE, without notice or demand, wit at law or in equity, therefwe w tlKreafter begun, may be prosecuted as if ~II moneys secured hereby had rrNtured pnw ro in iruritution. 7, That in the eveot thst at ~he beginnirg of w at sny time pe.~ding any suit vpon this Mwtgage, or to fweclose it, w to refwm it, a to enforc~ paymeM of any daims hereunder, said MORTGAGEE shall apply to the Court having jurisd;ction thereof fw the appo~roment of • Receiver, such CouM sha11 forthwith ~ppoint a receiver of uid mwtg~ged property all and sirgular, irxlud~ng aIl and singu?ar the income, prof~ts, issues and revenues from what~ver source derived, eath and evt?y of which, it being expreuly undentood, ia hereby mottgaged u if spetiiically set fonh and described in the ~rantiny and habendum clsuses hereof, and such Reteiver thall have sll the broad and effective funct~ons and powers in anywise emrusted by a Co~~t to a Receiver, and :uch sppointment shall be made by such Court as an admitted equity and a matter of absolute r~ght ro ssid MORTGAGEE, and witha~t reference to the adequacy or inadequacy of the valve of the property mortgaged w to the soivency or insolvency of said MORTGAGOR w the defendann, and that svch rents, proFin, incorne, issues and revcnues shall be applied by such Receiver according to the tie~ or equity of said MORTGAGEE and tha practice of such Court. 8. To duly, promptty ~nd fully perform, dixharg~, execute, cffect, complete, comply with and abide by each and every the stipulstions, ~grecment~, condiians and cover»nts in said promisswy note and this mortgsge set focth. 9. 1Fut in ihe event the owncrship of the mortgaged prcmixs, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, 1M MORTGAGEE, ita successors and sssigns, may, wi~hout norice to the MORTGAOR, deal wiih such successor a successw i~ interest with refere~ce ~o thi~ mortgage s~d the debt hereby secured in the same manner as wiih Nbrtgagor without in any way vifiatinp a diuharginy the Mortyagors' ti~bility hertr under w upon the debt hereby secu.ed. No u!e of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE o~ it~ succeuon or assigns and rw extensio~ of the time ior the payment of the debt hereby secu~ed given by the N10RTGAGE'_ or ih tucceswn a au~yns, .hall operat~ ro release, discharge, modi(y change a affect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time js of the esse~ct of this contract and that no wsive~ of any obt~ga~~on hercunder a of 1M obli~aYan se- cured hereby shall at any time thercafter be htld to be s waiver of the terms hereof p of the ins~rument secured herby. 11. tn add+tio~ to the forego:ng monthly payments of princ'pal and imerest requ~red by the prom~ssory note secured hereby, morigagor covenants and agrees to pay to mortgagee wifh exh monthly pay.nent an add~r~onal sum esumated by mortgagee to be equal to 1 i 12 ot the annual cost of the follow- ing: A-All real prpperty taxes levied w assessed agai~~st thc above described reat e:rate. ' 8-Premiums on iire and windstorm insurance as here~n ?equ;red to ~e carried on the improveme:?ts s~tuate on the aboye deacribed premises. C-Premiums on such mortgage guaranty insurar.ce as mortgagee shall from r~me to time deem fit to carry on the loan secured hereby. Mwtgaqee shail from time to teme notify mortgagor in writ~ng of the amount d~e a~d payable hereunder and fuch sum shall thereupon be due and i payable on the due date of the next monthty payment and each successive month thereaf~er ur.til mwtgagee shall not~fy mor~gagor of a chan~e_ in such k aR:ount. Such sums sF.a;i 5e applied by mortgagee tov~ard the payment of real p+operty ta~ces, insurance prem;ums, and mwtgage yuaranfy insur~nce i prertsiums. ~ • E N WITNESS W F, ~sa~d MORTGAGOR Fus hereunto set his hand and sea~ thc day and year fir • wesaid. ~ E Sipned 1 a del' inMhe esence of: ~ / ~ t - ! j . ` (5e~1) ~ ~ ~ ~ i '!''C.~? -~,.~,-s (Sa~ ! s ' STATE OF FIORIDA ~ S? . LUC IB # u- - couNtr oF ` ~ eefore rn~ pKSOna1~v +~ea~ed Will~an R. Dann~how~er and Lueia A. Dannaho~rer, his wife ; ~ Wayne ~T. Sines, Js. and Pstricis A. Sines. his wife ,,,,~ii k„o,,,,,, „~d k„~„ ro,,,,~ ro b. ` ~ the individwls dexribed in and who e ecuted the fweqarg instrum~nt, ~d .c~~iedyed beFore mt hat thsy e~c uted tF+e sam~ fot the purpwef ~ Luc~a A. Dannaho~es, wife of th• said w~llia~ Dannahower and ~ rherein ~ap~essed. Md the said c ~„~~o~~,,,;d Patricia A. Sines~ aife of tha said W~vne u. Sines, Jr. ,„p„?.,.p,,.r..~da~~.~ ~ ex~m7n~t~on by me uk~n separate and apart fromlfls said huaban~ sdc?awledfled 1o and befo~~ mt that~sxec~ted sa~d 'cnsr~umeat frstly and volurr ~ ~arily and withovt ~ny compuliion, corutraint, ~pprehens~a+. ~pr of a from*eersaid hu~banda. ~ WITNESS my hand •nd official se~l thia._ ~9 day of '~uly A. 6. 19 69 :i Noury Pub a+d fp the tatt o~ flaids ~t lup~ My Comm ~apirss: ~ . ~ / ~ 7 ~ ' R~+urn Ta ~ _ Fint F~Jeral Savir~s i loan Association , ~0 ~'K. SV~! C~ ~Ofl~~ ~ ~ ~ ~ Of Fort C.erce. . _ • r c~~. ~ 6, ron ° Fort Plerca Flwida ' • ~~w,w~~~~~M~,~ ~ ~ s - c- FIlEO ANO RECORDED~~ ~ ' ° ST. lUC1E COUNTY ~,A,° ~ This Instrument Prepared By John W. Collins - ~ ~ RFCOR!; VERIF~EO ~ First Federal Sevings 6 loan Association . 1 pn~,,,~, - of Fort Pierce . Flotida ~ " ~7V~j~ ~ , t • . : - ~ '69 JlIL 21 A~I ~p • 2 9 Checked B ~ • ~ Y '~~i:~.:• u ~ ~ o R 178 26~ c~ERK c Rcur~ couR~ ~ ~ 60GK PAGE ~ } ~ ~ ~ = y~ : ~ s~_ --~4.. _ - _