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3. To plec~ and cont~nuously keep on the bu~ dmgs now er hereafter •~tuats on sa~d ~and and on a!' eq~ip+nem and peno*ea!1y co~e~ed by th~s mor~g- ;
~g~, wilh ~II prem~ums lhereon pa~d in fu~l, hre insu~acce ~n the usval su~xla~d po',cy foem, in a su~n aHyiovrd by thr t.tJR~vA'vEE, a~~d w~~*dsto~m ~
~nsurance in ttw usual ~ui~dard po~•cy form, in a svm app~ovrd b~ ihe 6tORiGAGEE, in s~ch cornpany or compamei as ~he MORTGAGfE may
d~rech and all fi~e and w~nds~orm iniu~ance po~~c~es on any of sa~d bu~id.~+g~. any in~eres~ therein or part thereol, in the a99~_ga~e sum afwesa~d w ~
in eacess thercof, shall co~tai~ the usual stanJard mwtgagae clause a iuch other clwse as the Mo~~gayee ~~ay reqv.ro, making ihe ioss under sa~d po~~ ;
c~es, each ~nd every, paYaS'e to aaid i10RTGAGfE as ~ta ~n~ereit may appea~, and each and every such p;>:.cy a~~all Ix Nromptly ass g~~~d and de~ivered ~o :
~ny held 6y sa~d A10RIGAGEE as twrhzr s_curity to ~a~d n~o~~gage debr. ar.d, not less than trn (10) d~,s ad.a~~ce ot the e~p~~a~~on of each poGty, to de-
Irver to iaid MORiGAGEE a renFwal thereal, iogether with a rece~pt for the prei~uum oi such ronr~e~; a~+d ~hrre s!~ai~ be ~a f~~e or w~~~dsio~m iniurance
placed on any o1 said bu~ld~ngs, any interest thera~n w pe~? thereof, u~~1rss in ~lu iorm and with the Ioss payable as afo-esa~d; and in the eveM tny tum
of money becomes payabte under ~uch polity w poLcies ss~d MORTG/~GfE shall have ihe opt~on io rrc~~Yr a~~d app~y the se~„e on accu~nt oi t~e indrbted-
neas ~ecu.ed hrreby or ~o perm~t sa~d MORTGAGORS to receive and uu it a eny p.~~~ th.r~ru~ ior o:n, ~~:;;r,,ai~s, .::~~~...t ihr~ o, ~ c~ ~~r~p~~.-
in9 any Qqwty, lien o~ r~9ht undtr or by virtve of this mor'9age; a~d in ~he event sa:d MO~tiGAGORS sha!1 for any reason (ail lo k~-ep ~he sa~d premises so
insured, or fail to drl~ver promptly any of said pol~:~es of insurance to sa~d MORTGAGEE, w ioi: promVilY to pay f~:Iy any pre~~uvm th~rela or in a~y
rbspect fai) to perfwrn, d~scher9e, exccu~e, effett, completr, co:nply wi~h and ab~de by thls cove~an+, w a~y part hareoi, sa:d MORiC,AGEE neay place and
pay fw suth i~surence or a~y part thcreof w~thout waiving or affecling any opt:on, lien, equ~~y, or ~~~ht u~:der w by v~rtue oF fhis 7Nortgage, and the
full amovnt of each and e.ery wch paymrnt shall be im~nediately due and payable and shall bear intr~_•st from tha date thrreo' unnt po~d at the rate of
nfne per centum per annu~n anJ ro~r~hrr with suth inter,;sr shal~ ~e sc.ured 5y ~he lien af thn mo~tgag~-.
To permit, commit w suffer no waste, impairn~M or detci~orenon of sa~d property or any parl thrrcof.
S. To pay all and singu~ar the costf, charges and espenses, ]nclvd~ng a reasonab!e at~ernry's (ee and coats of abatracts of t~fle, inc~r+ed or paid a~ i
any time by said H10RTGAGfE, because w in the eveRt of the fa~lure on ~he oar? of the sa~d MCRiGAGOR to du:y, pranpNy and futly pertorm, d~xharge. }
~xxuts, effeet, canplete, comply w~th and ab.de by eaih and r~ery thr st~p~ljt~an, agire~nenrs, co^drt~ons, and coven.,~~rs of s.,.d p~om~>sury note and ifii~
»ortgage any or e~iher, and sa d costs, cha~gea a~d eapenses, each and every, shali be in,~-+~_d~a~rly d~e and paya6'r; wh.•ther o~ not eh~~e be no~~ce d~ ~
mand, attempt to coiiect w suit pend~ng; and the full amount of each and e~ery svch pa~~T:rnv shal! Lea~ mr^ren~ from ~he da+e the:eot until paid at the
r.~fe ol nine per censu~n ~r an~~c.~~: o:id afl said coifs, charges a+~d rxa~nses :ncv~red or pa~d, ~oyathe~ wdh wch ~n!e~rst, shall be secured by the I~en of th~~
matga9e.
6. That (a) in the eveM of a~y breach of this Mortgage or default on the part of r,c .':.ORTGAGOP„ or ;bl ~n fhe err.t any o' sa d sums of money
herein referred to be no! promptiy and fu!~y pa~d withi~ th.•ty (30! Jars ~~iat ait._r thc s~~ne sr.cra'iy beco~ne d~~e and payeb'e, without de~na~~d or nohte.
or (c) in the event each snd evrry ~he sr~wlat~ons, agreements. :ond~tions and covenanrs i~.d yro~~~.uc~r' nota ~~,d Th.s nwrigage any o~ e~ther are not
~~ly, prarpNy and ful!y perionned, dnct~ar~~, exetvted, effec~ed. comp~eted, compi~ed vv~in and ak:.u~a tiy, ~hen m e~ihet w ar~y su:h evem the sa;d ag
~r~ate sum mentioned in sa~d pre+n~ssory note then rema~nir~~ ~npa~d. with intr~a,t ac.~~ed, or:~1 e•~ rta,r.r~s sccur~•d hereby, s~:ali become due and pay
eble forthwith, or ~hereafter, at the oF~t,on of said MORTGAGEE; as '.u~Iy end complete:y as if ali of ~h~ sa~d sums of muney we~e or~g~na~ly s~~pulatcd
~o be pa~d on such day, anything in s~ d prom~sse~y no~e or in this hlo+tgaye to ~h« con!rary not.v~thstand~ng: ord ~hareuiwn or ~herrafter at the opt,on of
sa:d MORTGAGEE, w:~hcu~ nos~ce or d~~,,:a~:d, su~t at law or in equity, therefore or ftkrratTrr begun, mey be prosecuted as ii afi moneys ~ecured hereby
had maturtd pra.x to us mstitution.
7. That in the rvero that at the beginn~r.g ot w at any t~me pend~r.g any sv~t upon rt:~s Mon9age. o. to forec!ose it, or to reform it, or to enforce
payme.-+t of eny daims hereu:~der, said MORiGAGEE aha~l apply to the Court hav~~,g iu~~sd.c::o~: sF~•reo! fer rhe ai~pomhnenr of a Rece~ver, such Covr? shali
Forihwith appo~n~ a rece~ve~ of sa~d mortyaged prooerty all and s~~u~ular, inci~d ng a!i a~~d s~ ~gu~dr ~!ee ~eco~„e, proLfs, issues and revenues f~om whatever
scurce de:rived. each and every of wh.~h, it be~ny expresaly undersrood. ~s Fe:eby me~+gag~ as ~f spec,i~cac~y set io~~h and desa~bed in the g~an~ing and
haberxlum tlauses hereof, and svch Receiver shafl have alt the brcad and rffecrave f~~~~.f e..s a~~d po-.,~eis ~n a~y.v~ze entrusted by a Co~rt to a Receiver, and
s.ch appointment shall be made by such Court as an ad•nitted cqurt~ and a ma~ter of abso:uie r:gh? to said MURiGA~"iEE, an~ w~thcul refe~rnce to the
adequaq o~ inadeqvacy of thr valle of tlw property mwtgeged or to the so.~rnr~ or ~nso rency of sad MORTGAGOR a the defendants, and thjt such
.c~rs, profifs, income, ~ssues ar~d revenurs shall be app~ied by such St~cr~ver accord.ng to the iien or equ~ty of sa~d MORiGAGEE and the pracnce of wch
:.ouA.
8. To duF~, promptty and (ully pr~form, d~scharge, execure, effect, compt~ee, cor.,Fly wi~h a~d abide by each and every the stipuiations, agreementa,
conditans and cov_nan!s ~n sa~d promisso~y ~ote and this mortyage s_•t fo.th. .
9. That in rhe erent the ownershlp o4 the mortgaged pren,~ses, or an~ part thcreof, becomes vested in a perscn o~her than the MORTGAGOR, the
:'.ORTGAGFE, i+s ~..ccessors and asvgns, may, without norice to the ~~'~ORiGApR, deal w~ih wch succriso~ o+ successor in interest with reference to this _
n o•rg~ge and rhe d_bt he~eby secured in the same manner as with f:!ortgago~ wlthouf in a~y way vit.ating or d;scharging the Nlortgagori liabifity here ~
~~.der or u~wn the deb~ hereby sewred. No sa'e of the ~re~:ises hereby r•,ortgaged a~d no for;;eara~~ce en the psn of the rAORiGAGEE or its successur~ ~
o~ ass~gns and no exrenvon of the ~~me {or ~nr payment oF the deb+ hereby secvred g~vert by the MORTGaGEE oa its svcceasws or ass gns, ahall operate
ro reiease, d~scharge, mod~fy cha:~ge o~ affe.t the o~~g~~~al Gau~i.ty of ~he MORTGAGOR herein, either in nhoie or in part_
10. It is spec~fically agrted that t~me is of the essence of ehis comracr a~~d that no waiver o( a~y ob!~gat~on hereunder or of the obligation sr
cured iiereby shalE at any time ~herea4~er be held to be a wairer of the tem~s hereof or oi the instrument sec~~ed he~by.
I1. In add r o:, ro rhe forego ~~g n:o~}h!y paymenti of princ pal and in!eres! requ~red by the prom"ssory ne'e secvrrd her_b~, mortgagor eovenants
±~d ag.ees to pay to mo•tgjgee v~~th each r.~onrhiy pay~.eent an ad.-i~rional sum esr .,aTCd by rT~o*tgagee to E~ eqva~ to 1, t2 of t:~e a~:~;:al cos~ of the follow-
;c-:g:
A-Ali r~at prop~~~ty taxcs lev~ ~d or ass~~ssed agai•isr thc above desv~bed rral estate.
B-Pr,~: u:u on f~re and w~~;dsrcrn, ir.S~ian~E as he~e~n +equ~red to be can~ed cn tne m,.roveme~ts s:+va~e on sho above d_su~bed premises.
C-Pre:ni~~•-s o~ si,ch murrg ~ge guar,~nty irwrar.ce as mortgagee sh3~l 'ro~r. r me to t~me deem fit to ca+ry on the toan secured hereby.
Idwtgagee sh~ m. r~~~~e to !~r.:e ne~if~ n~o~~gager ~n wr:t;ng of the e~:.ou~t dve and payabte hereundrr and s~ch su~r shail thereupon be due and
; ayable on th~~ due da~e ef ~h~ nrKt n,onthiy payment and each wccessive ~~o~~th thereahe• v::tii mcrtgagee shal~ nat:fy mortoagor of a change in such
~ c~nt. Such su~ns s! ~'.e ap~~i~ed by mertgagce toward the paymem of real property !ases, insu.ance prem,ums, a~id mortgage guaranty insurance
~ ~~~emi~ms. -
~ IN Y~ITNE~:: :'>H;RiOf tiee sald MORTGAGOR has hereunto set his har,d and seal the day and yeas~first af said. #
s ^ Sigrted, I a~d :f,~ered in,the presence of: FILEO A!10 itECWtDE~ - ~
` 1t '~`r ~ ~ - ST.IUCiE COUMTY FLA. -
` ' ROCER ?OItIt~S
R c• (Se~4 :
• c~EeK c+acu~r aou~t~,,~
~ ' - - aECOao veR~FiEa......:u`- cs~~n '
- • f
~ - - {5 00 AM'1~ ~i~~ :
~ SI:.TE OP FLORIDA ~ O~ O~~ ~
~ <
~ `,~,;,,~n ~ St . Iucie ~ ~
~ B~fo~e R+e a?so+w~~y appeared 1d• F8d1~Ck Sild Aflt16L~ F. P8d2`1Ck~h1s M1fe
~ 1~+lillia~a R. Dannaho~er and Lucia Dsnnaho~er
_ his wife, to me well known and known to me to be
a rhe individuals described in and who executed the foregoing ins~rument, and acknowledged betore me that they exauted the same for the purposes
~ rherein e~w~~a_ n~ sa~d ~~t~ F• ~drick xife of the said Robert W. Padrick and Lucia Dannahoxer
~tillian R. DannahoKer
.v~fe of the said - upon a seperate and private
~ e¦amination bY rNi ~kKf ~tpar~fe snd apart from'lAeT said husbanc~ acknowiedged to and befcre rne that~herexecuted said instrument freely and votuo- '
~ ranly and wil~ov,~„~.O~Opql~fon, constrain?, apprehens~on, or fear of or fromlter said hvsbandS.
• ~y
Mfti~ti+~,~~;~pd's(t~c~al se~l tbis__~?is8._-.-_ day of--- ~~h A. D. 19 7t
4 7 / j
ti _•',~I+,, . . . I-L«.t, i.:'~t~~1-----
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~ , '"v'i~~< Notary Public in and fw the S~ate of Fbrida at tarpe
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3..~-~t~l~}~. ~ My Comm~ss;on expires:
.7 !?-.'~'i~ ~~h'~` : `
.n r4~ I - i1~~ei.i.~
ti FI~ ~ ~ilOCId1Wf1 `r - v . ~ C ( G~/ U~
.~~f.' t~~J W. L`:Lif .YII I'_l
~ _ ~„~~OT ~'e~L~1r " ti S T
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R~, • ' - . , ~f'J eti~lA` .~'A,~1u lE PE ' 'NAL P1ipPD~ ;
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~ This Instrument Prepared By J. D. Chastain
First Federal Savings b loan Association ^ fc~ly'QFL~AF. Q'idOWlf~+tR t
of Fort Pierce ~ Flol'id8 l e ~~;~C6iTc~r ;
~
' Checked By ~ - _ _ _
~ `~•i~E~cft~r
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