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To plsc~ and conti~~outly keep on ~he bu~!d~ngs ~+ow w h~rsaitt~ 4~wte on sa~3 i.nd a~+d on an ey~~w„en~ ~~+d ~,e.sonany co~ercd br ~h~: mor~g
+9~, wi~h atl p~emiums tl~c~eon va~d in ~utl, fire inw~u+ce in the wva! uandud pot~ty (wm, in a sum approYed by tht MORiGAGEE, end w~ndi~am
~nsw+++ce in ~As uswl uarniard ~oLp ta ~n, in a sum appro~ed by ~ht MORTGA6EE, io wcA company w compaa:es as the MORTGAGEE msy
directj rnd all fin and w~ndseorm i~w~nce poticro~ o~ ~ny of said buiid.n~~, any inta~est tMrein or put thercvl, in th~ wo~~ega+e sum ataesa~d w
in txcc+s d+e~eot, ihall contain r}y uswl standard mortyagea clause w su:h otF~ claus~ as 1M Mortyagas may requae. maki~p tht Icss unda t~+d po~~
des. each ~~d evc~y, payah'~ ro,aid hMRTGAGEc as ~~s ir•erest may a~eu, and c+ch and every si.ch po!~cy s1~a11 be FranpNy ass gnrd •nd deliver..d ro
+ny heW by s~[d MORTt3AGfE .i furrher sccurrt~ eo :a~d .r.wegage deb~, end, ~o~ :ess than een (10) dsps in advan:c ot the eapir~tion of tach poGCy, to rk-
liver to said MUR~GO.GEE a renewal thcreof, w~ether Mith a rece~pt fu +he p?emivm of such renewal; a~~d iher• aha11 bs no t.re or w~nosro~m i~wranc~
p1Ked en sny of sa~d buildirgs, any inlereaf there+n w parl thertof, unlcu in the form and with the lou payabte as •(aesaid; and in 1he event any sum
of ~y ~on,ey pay~bla unde~ such policy or pol;c;es uid MORTGAGEE sh~ll hav~ The opt~on ro rece~ve and apply the same on account of the indab~ed-
rxu ucvred h~veby o? ro pe~mit sa~d MORTGAGOQS ~o ~ece:re and ua~ it a any part thereof iw eei~cr pwF,osrs, v.~~ho~~ ~ wa~.~..~ u+ u~~p~~r-
ing any eq~rty, t~en a~ right under or by vLrve of tAis ma:gege; u~d in ~I~e event sa~d MORTGAGORS sha:l for an~ reason fail to kcep the s+:d {xem~s:s so
insu~ed, w f~il lo deliver promp~ly any of said pol,cies of inswance to sa~d MORTG.4GEE, or fa~! pramptly to pav fulty any p~e-n~um ~herefor w in any
reiFett fail ro pafwm, d~xharcv, ~zecute, tffed, complere, comply wirh and ab~de by rh+s cuve+unt, oa aoy pa~r t~reof, said MORTGAGEE may place a•.d
pay fo~ sucl~ inrurance ot ~ny pa:t ~hereof w~thout waiv~ng w ~ffcctirg any opr~on, lien, equlty, a r~ght under or by v~rtue of this Mort9aga. and thc ;
full amouM oi exh and evsry iuch paymca~ shall be immed'utely dve and payable and shall txar iroere~t from ~he ~ate thereof unril p3~d at the ra~e of i
n~ne per ce~tum ptr annum and to~crhe~ vrith suth inte~est shali be secureci by tne lien of this mortgage. ;
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1. To ~xrmit, commi~ or suffer no was~e, ~mpairmcn~ or deterioration of said property p any part thereof.
S. To piy ~!I snd tingular the coats, charges end ezpenses, ~ncluding a reasonable attwney i fee a~d coats of abstracts of titie, incurred w pald at
any tims by uid MpR(GAGfE, ~ecaux w in ~F+e eve~t of the fa;ture on tF?e part of the sa;d MORTGAGOR w duty, Frompe?y a~ fuliy perform, d~xhar9e,
>xecure, elfecr, complete, c:.mply w~rh and a~:de by each and every the stipular,ons, agreementa, cond~tiona, a~ covcnanrs of said p•omiswry note and ~hii
matgage any o~ eilhe~, ~nd sa.d cos~s, cMrges and expenses, e~ch and every, shsll !re immediately dve and payab:e; whefhe~ w not the~e 6e nonce da~
mand, attempt 1o co~tcKt pr suit pend:ng; and tl?e full amount oi each and every such paymcnt shall bea• inte.esf from tAe date thcreof umil paid af the
rare oi nia! pt~ ce~fum per a•inum; arK! all said cos~s, chargrs and eapenses incurred w paid, Iogethet w~th such imer~st, sha(I br secured by the lie~ of th~~
mert9age.
6. That ~s) in the event of any breach of this Mortgage or defaule on the pa~t of the MORTGAGOR, w(b) in the event sny of satd wms of money
herein rrfe~red to be ~W promprl~. and iully paid w~thin ~h~rty (30} days nea~ after ~he same severafly becume due and pa/abte, withov~ demand a ootice.
cr in fhe evenl each and evary the stipu:ations, agrcements, condirions aad covenants of sa:d p~om~swry note end th;s morrgaqe any p rlth~~ are no1
iuly, prompNy and fully perfwmed, d.uharged, executed, effected, completrd, canpf:ed w;~h and a6~drd Sy, then in e~~her w sny such ev~n! the sa:d ag-
gregate sum mentioned ia ssid premissory rwte then remaining unpeid, w;th interest accrued, and all moneys secured txrrby, shall become d~e a~d pay-
able fwthwith, w ttxreafta~, at tl~e opswn o/ sa+d b1pRiGAGEE, as fuAy and comple~dy as if aq of ~~~e said sums of money were w~ginatly st~p~tatcd
ro be pald on such day, anything in sa:d prom~ssuy note or in this Mortgage ro the co~irary norwithsta~d~ng; and ~h~reupa+ or thereafter at the opt~on of
sa:d AhORTGAGEE, without notice w demand, suit at law or in equity, therefwe w 1FKreaiter begun, may be p~osetuted as if all moneys secwed hereby
nad tnaturol3 pIWJ to its irtititution.
7. ihat in the evcnt that at the beginn~ng o( or at any time pending any su~t upo~ ~his Mortgage, w to fpcclose it, w to reiwm it, or fo enforce
payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiUion thereof fw the appointrxnt of a Receiver, such Cou?t shaN
forthwith appoiM a~eceirtr of sa;d mortgaged property all and sing~lar, includ.ng ail arxl s~ngular the ~ncome, prof~ts, iuues and rev~r+ues from whatever
s.~u.ce derived, each and every of whrch, if be;~g expressly u~dcrsiood, is hereby mor~ga9ed es if spec.ficaily set fonh and described i~ the granting and
habendum ctauses hereof, and auch Receiver shatl have aH the broad and effec?ive funct~ons ar.d powers in anyw:se entrusted by a Cou~t to a Receiver, a~d
s~ci~ appoinrmenf sha!I be made by such Court aa an adm~tted equity and a matter of absolu~e right to sa~d MORtGAGEE, and witFwut reierence to the
adequacy a inadeq~acy of the value of the properry mortgaged or to the so~vency w insolvency oi uid IIAORIGAGOR a the defendants, aRd ihat such
rents, profets,. income, iuves and revmues shail be appli
d hy sucfi Receive~ accord~ng to the tien or equity of said N.ORTGAGEE and the practice of such
CovA.
8. To duly, promptly and fvlly perfw.m, dixharge, execu'e, efied, cwnplete, comply w~th and abide by each snd every tF.e stipularions, agreements, f
conaitara and covena.vs in sa~d p~omissory nore and this mwrg~ge srt forth.
9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in s person other than the MORTGr1GOR, the
h:ORTGAGEE, in su euws and ass~gns, may, w~rha,t noi~ce to rhe MORTGAOR, deal with such successor w successor ~n interest wi~h reference to this
mo~rgage and the dcot hereby secured in the sam.e man,~r as with Mo~tgag~r withow in any way vitiating or d~xharging the «lortgagors' liabi:ity hero-
ur•der a upon Ihe debt hereby secured. No sal~ of the prem~ses hzreby mortgaged and no forbearance on the part oi tF.e MORTGAGEE w its s~ccessws
or ass~gns and rso exrens~on of the nme fa the payment of ~he debt hereby secured g~ven by the MORTGAGEE or its avccessas a ass~gns, ahall operate
ro retease, discharge, modify change or affect the orig~nal liab~lity of the MORTGAGOR herein, either in wholr w in pa~l.
10. It is specifically agreed that time is of the esse=~ce of this contract rnd tha~ no waiver of any obligat~on hereonder w of the oblgarion s~
cured hereby shall at any time :hereafter b~ he:d to be q waiver of the terms hcreof or of tt+e instrument secu*ed herby.
11. In add~lio~ :0 1he ferego"ng month.'y payrt,enrs of pri~~ ~at and intcre:' requ~red by the promissory nv!e secured hereby, morigagor covenants
ar.~ ag~ecs to pay ~o mo:tgayee v,r;th each monrhly pay~,:e~t an add~rio~ai sum est~mared by mortgagee to be ey~sal to i, 12 0( the annual cost of the follow-
;nq: ~
A-All real p+c~perty taxrs levied or assessed agai•~st the abo+e dex~ibed real esrate_
B-Prtm~vms on fire and windstorm :nwrar.ce as here~rt reqv:red to be ca~ried on fhe improvEme~ts s~tuate on the above d:scribed premises.
C-Premiums on such morrgage yu3rar.ty insura.,ce as mortgagee shall from t~me to ti~ne deem fit to tarry on tne ban secu:ed hereby.
Mwtgagee sha?I from time to r~rne noti{y mortgagor in writ~ng of the amount due and p~yable hereundrr and such s~m shall thercupon be d and
Fsyabte o~ the dve tiare of the next rr.onthty paymem snd each successive month rhe:eaitef w:ril mwtqagee shall not;fy mortgagor oI a change ' such
a^ount_ $uch sums shaEl be appieed by mortgagee toward tiie payment of real prcpeny taxes, insurance prem;ums, a~x! mwtgage gua~anty i ra
p~emiums. .
IN WITNESS 1lHEREOf, the sa~d AAQRTGAGOR Fws herrunro set his hand and seal the day and year firs aid. ~
~Signed. Sealed and delivered in the presence ofe • `
r~~ S~'illiam R. Dannahower ary
, Seatj
.C.~rc.~.~a. CC • ~c.++..L ~~~'~...-r.rfGr~ .(SeaQ
~ ~ Lucia A. ~ Dannaho~ver es~ap
SiAiE OF FLORIDA ~ .
couHrr oF St. Lucie
Before me personally appea~ed t%illiam P,, Dannahower a~
Lucia A Dannahovrer his wife, to-me well know~ and known to me to be
the individvals described in ind w~o executed the foregoing ir?strument, and atknowledged befue me that ihey executcd the same for tbe pwposes
there+n expressed_ And the said ~Cld a~ Dannahower
+.:fe af the said ~t'illiam R, Dannahower a sepa~ate and private
>x~m;nat:on by me taken separate and apart from her sa;d husband, acknowleJejed to and before me that she executed sa~d instrumem freely arxl, votun-
ia:~;y and without any compvlsion, co~straint, agpr~ehe
i~` fear of or r her said husband. ' '
WlTNESS my hand and offidal seal th7s ~G s~-- day of / F ebrua ry q, Q.; i9 7~
~ G~ . ~ t--~-~,
. " ~ Notary Public ip and the +ce of F ide et LQ~e ~ •
My Commissior~ expires: ! ~ '
Re~rn To: " j ~ ~ / ~ `j - ' r PUBU~:3TATf~ f19810A 8t IARC~ : -
Fint Federal Savi s a loan Associas.on MY CA'~!MISSICN~ EXI~R,ES~~C.t29. f9Y,~ =
GF Fo~t Y:erce.
Fort Piercr. Flor~da - ~^y~~ T` . ~ . . :n~?".= "
~ ~ ~a .
FI~EOAy '
t~ RECORDE6 =
ST, ttlCtF :OUM~Y f~~, • _
ttOG:~ ; ,riRAS ~ ...:r.~ f
This Instrument P~epared By JOhn t:. Co21in5 p~~~a_~Kr ~ tiG~f;i COURT~ ~
first Federal Savings 8 loan Association ~t3
of Fort Pierce~ filorida
_ . FEB.ZT 1S AH '7~
Checked By
~oox~~~. P~cE1~.O~ 248SOs
ks
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