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Home My WebLink About1833 , . ~ 9. To plec~ and continuously kt~p on 1M buildingi now or Mreaf~K ~itwt~ on said I~nd and on ~II equipment u+d pt?sor+~lly cover~d by this matp~ J ap~, with •II pr~miunts ?hereon p~~d in full, tire insur~nc~ in the usu~l ~~andard polky form, ~n • sum approved by tM MORTGAGEE, a++d wir+d~torm inwru+c~ 1n tl+s uswl ~ta~dard policy lwm, i~ a sum app~oved by tM MORTGAGEE; in ivch compa~y or companias as tM MOR?GAGEE may d'u~ctj and all fir~ snd wind~lo~m iru~ranc~ poliua on ~ny of iaid build~nqs, ~ny inte+~sf thertin ot part thtreof, i~ tM ~~,~y~egar~ sum ~for~~id a ; In ~xcess lhereof, shall contain ths uiu~l ~t~ndard matqagc~ cl~uie w:uch othe~ clav~ u tM Ma~gages may rsqu'u~, makinp tM lou u~de~ sa~d po14 ! aa, ~acl~ and ewry, payabls to uid MORTGAGEE ~s its inte~cst may ~ppea~, ~nd e~ch ~nd every such policy shall b~ promptly ~~~:4~ed ~nd dNivered ro ~ u+y heW by said MORTGAGEE as turther sccuriry to s~id mort9s~e deb~, and, not less than ter? (10) days in advance of tlre expiratian of each polity, ~o d~- IivK to uid MORTGAGEE a renewal thereoi, toQe~hsr with a rec~ipt for tAe premivm of iuch ~enewal; ~nd ~here ihall b+ no fir~ o~ winditam insw~nc~ placed on any of said buildinpi, ~ny interat the?ei~ ot psrt thereof. ~nleu in th~ forni snd with tM lou paysbl~ as ~fw~said; and in tM ~v~nt any wm of mor?~y becom~s pay~bte w?da such po~icy o~ policiet taid MORTGIIGEf shaN Mw tM option ro receiw ~nd apply th~ same on ~cco~ol o~ tM indebted~ nat ~acvrad hKeby o~ ro permit said MORTGAGORS to receive and vu it a sny part thereof fo? other purposes, wi~hcut th=reb~ waivi~g o~ ~mpai~- irg any puity. I'~ee~ or right u~der or by virtve of thu mort~~ge; and in ths evem ~s~d MORTGAGORS shaU fw any reason fail to keep the sa~d prem~us so Intured, or fal) to deliver piomptly any of said policies of insuronct to ssid NNI~RTGAGEE, o~ fail promptly to pay ful~y any premium therefw p in ~ny ~ respact fail to perform, di:charge, execute, effed, complete, comply with ~nd ~b~ds by this covena~t, w any part heraof, said MORTGAGEE may pl~ce and i pay fw such inwranc~ o? ~ny p~rt tAereof withovf walvir+y or affsctirg any option, lien, aquity, a righ~ unde? a by virtw of this Morl9pt, and the full amouM of each and every such payment shall be immed~ately dw and payabls ~nd shall bear intarest from ths dat~ thereof un~ii paid M tM ~at~ ol nirw per centum pe~ aeu~um and to~ether with sucA interest shall be secured by the lien oi this mwtyage. 1. To permit, commit w i~ffer no waste, impai.ment or deteriararion of said ~rroperry o? uiy put thc?eof. 5. To pay •II and sirgulu the.cost~ charges and expenses, includinp a?essonable sttorney's fee and costs of sbstracts of title, incurred w p~id st sny tune by said MORTGAGfE, because o~ in the ~ve~t of the failure on the part of the said MORTGAGOR to duly, prpnptly and fully perfwm, d~ichargR ~xauro, sitsd, comptete, comply w~th and ab:de by each and every 1he itipulations, agreemenn. cor+d~tions, and covenany of sa;d promissory note and thi~ matgape ~ny a eiiher, and said cos?s, chuge~ and experres, each and every, ihall be immediately due and payable; whether or not there be notics de- en~nd, ettempt to collett or :uit pending; and the full snw~M of esth and every suth paymem ~hall bear interest from the dete Ihereof until paid ~t tAe rate oi nint per ceatum per an~ium; and alt said ccsts, chargts anr! exp~nses incurred or psid, together w;th wch interesl. ihall b~ secured by tM lien of thu matp~pe. e. Th~t (a) ie the event of any bresch of this 1Nortgsge w default on the psn of the MORTGAGOR, w(b) in the event any of sa~d sums of nwney heran refe?red to bs not promptly and fvlly paid within thirty (30) day~ nexf aftc? 1hs same severally become due and payable, without demand a notice, or in the eve~t each and every ~he stipulations, agreemcnts, conditions and covenanrs of sa~d promiuory note snd th~i mortgage any w e~t1+e~ are not ~uly, p~ompNy and fully perfore+ed, d~xharged, executed, effccted, compktcd, complced with and a~ided by, then in either or any ~uch ewm ~he sa;d s~ p~egats sum men?ioned in said promissory note then remaining unpaid, with interest acaued, a~d all moneys secured hcreby, shall become dw and p~y- abl~ fathwith, o? thereafter, at the option of said MORTGAGEE, si tu11y a~d canplNely as if all of the said t~ms of money we~e aiginai~~ itipvtated ro be pa~d on svch day, anything in said p~omisswy rwte or in thF~ 1Nortgage ra the contrary notwithstandirg; and therwpon w thcreafter a1 the opt;or? of said MORTGAGEE, without not~ce w demand, suit at law p in equity, therefwe w thereafter begun, may be prosecuted ~s if all moneys secured hereby had marured prqr to its instirution. 7. Thst in the event that at the beginning of or at any rime pendinq aoy suit upon this Mortgage, or to foretlose it, w ro reform it w to enforce payment of any claims hereunder, said MORTGAGEE shaq apply fo the Court having jurisdicfion thereof for Ihe appaMment of a Recciver, iuch Coun shall fatFiwith sppoiM a receiver of ssid mortgaged prope?ty all snd singula~, i~ctud~ng atl and singular the income, p~ofits, iuues and revenues from whatevcr ~owte de?ired, exh and every of which, it bei~g expressly ur~dentood, is hercby mortgaged as if specifically set forth snd desuibed in the g~ant;~ and h+bendum clavses hereof, and such Receiver shall have all the broad and eifective funcnons and powers in anywiu entrwted by a Covrl to • Receiver, u+d suth ~ppointment shatl be made by such Court as an admitted equity and a matler of absotufe right to said MORTGAGE~, ~nd without referente to the adequacy or insdequacy of the value of the property mwtgaged w to the soivency w insolventy of said MORTGAGOR w the defendanri, and that tuch rems, profi», mcome, ;uves and revenues shall be applied by such Raeiver accordiny to the lien or equity of wid MORTGAGEf and the practice of wch Court. 8. To duh, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulatio~s, ~greements, ca+ditqns ~nd coven+nts i~ sald promisswy note and this mortgage iet fwth_ 9. Th~t in the event the owncrship of the mortgsged premis~s, a any part flxreof, becomes vested in a person other than the MORiGAGOR, ti~e ~ MORTGAGEE, its successors snd auigns, may, withovt notice to the MORTGAOR, deal with such succeuor a successa in interest with reference to this i matga9e and the debt hereby secured in the same manner as with Nb!tgaga witho~t i~ ~~y way vitiating a diuharging the Mortgagors` liability here• under or upon fhe debt hereby secured. No sale of the prem7ses hereby mortgaged and no forb~arance on the part of the MORTGAGfE w its successors a auigns and no extension of the time fw the paymeM of the debt hueby secured given by 1he MORTGAGEE or iK successors or auigns, shall operate fo retease, dixMr9e, modify change w affect the o?iginat Iiab~Gty of the MORiGAGOR herein, either in whole or in part. 10. If is specificatly agreed that time is of the essence of this contract and that ~o waiver of any obligation hereunder w of ths obligation so- a.red hereby sh~ll at any time thereafter be held to be a waiver of the terms hereof a of the instrumeM secu~ed he?by. I1_ In addition to the forego:rsg monthly payments of princ:ppl and interest requircd by the prom~ssory note secured hereby, mongagor covenants 5 and agrees to pay to mortgagee with each monthly payment an add~r~onal sum est~mated by mortgagee to bt equal to 1/12 of the annual cost of t!k follow- i^9c A-All rcal property taxes lev~ed or assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurence as herein requ~red to be carried on the improvements situate on the above desuibed prcmises. C-Premiums on such mortgage guaranty insurar~ce as mortpagee shall from time to fime deem fit to carry on 1he ban secured hereby. Mortgagee shalt from time to t~me notify mwtgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due end paysble on the due date of the next month~y payment and each successive month thereafrer urfil mo?tgagee shall notify mortgagw of s change in such amount. $uch sums sh.al( be apptied by mortgagee roward the payment of real property taxes, insuranct p?em:ums, a»d morfgage guaranty insurante premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereuMO xt his hand and seal the day a ear firs orasai Siyne ~led Iiver ~-pRSence of: ~ S@aj~ •n ~ •n ~ • _ ts~•n : s~•n ~ STATE Of ftORIDA ( Seai) i COUNTY OF Saint Lucie ~ SS. . 8efwe me penonatly appeared HoW2~rd Iti . S am son and Helen D. Sa son his wife • Emerson G Sampson and Iris T. Sampson, his wife; and lVilliam F. Samp~R~~i~~i~~~~ ~ro ~~~Swife the indrv~dwls described in artd who exccuted the foregang instrume~t, ~nd acknowledged before me that they exearted tha ssmp:fqt,)he p~rtppsq ._?r,~.~;,, .x Helen D. Sam on vyife of said NowaX G. Sam on• ~e"~~~g~` xis . auu son w~re ot tha ~sid ~ ' ' ~ • ~ eaaminaYwn b me taken se pa i?pon-a~~ep~ r~te.~nd:~lr~t~ - y psrate and a rt from her said husbsnd, ectcnon,ledged ro and befwe me that she exetuted said i~u~/ortx~t {rtely p~~iro~• larily a~d without aryr compulsion, constraint, sppre 'on, or fear of w from her said husband. ;v ~ v~,. - WITNE55 my h+nd and official seal thi da of Februar ; S' ' y ' A. ~ 19A ~g . - ~ 4 ~ , Notary Publit in ~nd fw fhe Stite ,.H~i. a at Gkge ~ Retum Ta. - MY Commission eapires: ~ i' • Fint Fedea) Savi . , ~ T' . ngs 3 loan Association t.. ? Of Fort P~erce. ' • • • Fo.r P~e.ce, Florida MoTART PU@IIC. STATE UF FLORIDA AT L:kGE FILEtD' AND RECORDED MY COMPdISSION EXPIRES OCT. 11, ty/, ~T, ~.vv<< ~'..,nU~~TY. FL~, BONDED TMRpUGH FRED W, DIElTELMOR~r _ . This instrument prepzred by ~ l~~' ~~2 Frst Federal Sav. & Loan Assn. of Fort Pierce '68 F~R 2 0 Ai~1 ! t~ : 5 2 gy C~. - _-iC~c-e,e!c.~~ ~ - :i. _ ~i~~:~;,~ s CIERK CIRCi11T COURT s BOOK~7O PAGE~$z8 . ~ E-. ~ : > - _ _ _ _ - ~ . r : ~ ~ m~-4` ^~s ~ 'aas - . ~ . „~~:'~..:1