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HomeMy WebLinkAbout0027 i ~ ;:r~ To pl+a a+d continuouily ke~p on tM buildinps oow a Mr~aftK ~itwt~ on saW ~+nd +~d on ~II p~ipm~e~ uid pa~a~+:~y cownd bl? thb nwrq~ ap~, with ~II pnmiw~A tMrwn psid in fvll, fin insurane~ ie tFr ~nwl s++nd~rd poliey foren. ~n ~ ~un~ ~pprowd by IM MORTGAGEE, and windstam ~ inswa~a in th~ vsua) ~qnda.d polky fain, in a wm approvad by tM MORTGAGEE. In ~vcl~ comWnY w coR?Wnie~ +s tM MORTGl1(3fE n++Y ` dinctl ~nd aU fir~ u+d wind~torm inswana policiN oe ~ny of i~iil IW1Wilp~. ~~fy Iflilfflt tlfNflR Of pit~ fF1NMf, in t~w ap~~e~+t~ awn ~faa~W a~ In ucax ~Mnof. aMll contaio tiN wwl qandud mat~a~ cl~us~ a a?ch otiw~ davs~ a th~ MoHy+pe~ m+Y ?~Vu~n. m+klnp tl+~ bu v^da ~a'd polF { ci.~. ..ch and •wry. parabN ro s,d MORiGAGEE .s irs tnr...sr may appw. ~od .ach ad ~wry ~uch policy iMll b~ pranptly qs:9ned u+d d~liv~r~d ro ~ny Mld by tatd MORiGAGEE ~s fwther ~ecurit~r to s+id mat~ap~ d~bt. +ed not Mss tMn t~n (10) day~ in ~dvanc~ ot th~ ~xpiwtion of uch polky. to d? liv~r to ~+id MORTGAGEE • r~w~l tMrwf, top~tha with a rectipt for tM p~•nium of ~uch ~a~twaij u~d ~Mre ~hsll b~ no fk~ o~ wind~tam kaw~nce plaad on ~ny of aid builfinps, a~y imaat tMr~in or p+?t tMrwf. unbu te tM form'~e+d wi~h ~M loa payabl~ n afonsaid: and in tlr ~we~t any wm of moeNy baeana payabl~ w~da weh poliey a poliei~s said AAORTGA(~EE sh+ll Mw th~ opt~on to r~eriw and ~pply tM srm~ on aeeount o1 tM t~bt~ n~u Ncw~d har~by a a pirmit ~aid MORTGAGORS ro reuiv .:ed v~ N w any put therwf for other purposes, without the:eb~ waivinp o~ impair- eu ~^0 +^Y ~+~f1?. ~i~n a ripht undn ar by vtrtw of this mortpap~s and in tM ~va+t wid MORTGAGORS shall fw ~ny rwson faii to ke+p th~ said pnmises w insund, w f~il b deliver pranptly My of s+id politi~s of iniursnu fo s+id MORTGAGEE, w fail p?omptly to pay fully any premiuen therefw w in any rsspM faii fo pKfocrn, di~cMr~, exscvt~, ~ff~ct, complN~, tomply witA and abid~ by this coven+of, o~ +ny part hKSOf, said MORTGAGEE may p~+u ~nd MY fa such Inwrar~ or ~ny part tM.eof witho~t watvinp w ~ff~dinp +^Y oPNa4 (iM. ~4~~~Y. o? ?ipht w~dN or by virtw of fhis Morfppe. ~nd tM full ~mo~nt of tach ~nd wKy such paym~m sMll b~ immediat~ly dw ~nd p~yaW~ and sh~li be~r inter~st from tln d~h tMrwf until paid ~1 th~ rar~ ol nirN p~t centum pK ~nrwm ud togethe~ wNb such intereit iMll b~ s~cu~ed by tM li~n of this mort~p~. To pKmit, commit or wffu no wute. keP+imwnt w deterantan of ~aid property o~ ~ny put tMreof. S. To p~y all ~r+d siegvlar tM.cous, chupes snd expMSes, iocludirp ~ ~e+sonabie attaney'~ fee and cosn of ~Mtr+cts of titl~, ina?ned o? p+id at sny time by s+id MORTGAGEE, bec~us! w in tM ~va+t of the failur~ on tl+~ p~rt of the s~id MORTGAGOR w dvly, promptly and fully pe.form, d~xharyR sxecut~ ~ffsd, tanp4t~, oornply with and ~bid~ by each and every the sHEwlations, +yresments, conditiont. and oownants of ~aid promissory not~ and this mortyape a~ryr a ~i~M.. aod s~id oosts. d~uga ar+d experres. ~sch ~nd ~wry, aMll b~ immedistely dw ~nd psy~blet whether w oot there be notici ds mand. ~ttempt ro colket a~ ~vit p~ndinp; and tM fvll arnovnt of each and w~nr wch p+Yme~a s~»~~ be+' i^terest fran tM d~t~ thsreof until p~id ~t the rate of nine per centum per annum; and all said oGsts, cMrpes ~nd expenses i~cu~red or p~id, toy~tl~ with such k+tKat. ~hall t» a~cwed by tM IiN+ of tFw ^wrtp+p~• 0. ilwt (a) in tht event of ~ny breach of this Mort9sp~ w d~f~ult on th~ psrt of the MORTGAGOR, w(b) in tM ~vent ~ny of s~id swnf of n~r ~ herei~ ~~fe~red to be no~ promptty and fully p~id within tF?irty (30) d~ys next ~ftei Ihe same severalty become dve u~d payabl~. witAout d~m~nd a notke, or (c) in tM ~vMt each and every the atipulatiom, a~reema?ts, conditia?s and aova++nts of sa~d p?omisswy not~ and th~s,~mortpa~e any a fithK ~r~ nol iuiy, promptlr ~nd fully p~rforrtwd, dixharped, executed, effected, compl~ted, complied wiih and abided by, then e~~her or any such ewnt tM aid ~g yre~q swn m~ntior~d in said promiuay note then rem~ining unpaid. with interest ~cuusd. and at! +~nneys sea,r~d Mnby. ihall beaome dw and pay~ •bte forthwith, a thereafter, at ths option of said MORTGAGEE, ss fvlly ud canpletely as if all of ~he ssid wms of morKy were oripinally stipulated to be paid on such day, anything in said promistory note or in this Morty~ye to the contrsry notwithst~ndinp; ~nd thereupon w there~ft~r ~t the optron of uid MORTGAGEE, without notice w demand, wi1 at law or in puity, sl~crdwe a theresfter begun, may be pro:ecot~d ~s if all moneys s~cund lareby had mah?tad priot to iri instit~tion. , 7. TFMt in tM event that at the beginninp of w ~t any time pe~dinp ~oy wit upore this Matgage, o? to forecloss it, or to mform it, w to enforp ~ payment of any claims hereunder, ssid MORTGAGEE shsll ~pply ro the Court haviny j~r~sdrctan thereof iw the appantment of ~ Receiver. svch Co~it iha0 ~ FwtFiwith sppoint ~ receiver of taid mort9sged property all and iu+pulu. inclvd~ng sll and singulsr tF+e incane, profits, issves and revenues from whaftver wuru dsriwd, exh snd every of which, it beinp expressly ur?ders~ood, i~ hereby mo~tgaged as if specific~lly set tath ~nd deuribed in tM qrantinp and habendum clavses hereof. ~nfl tYCA RKfivN fFHll INVe all the brosd ~nd effett~ve funct~ons and powers in anywise cmrusted by ~ Court to a Receiwr. ~nd •uch ~ppointmtnt sAsll be made by wch Court as an sdmitred eqwty and a m~tter of absolute right to said MORTGAGEE, and without referents to the adequscy or k~adequacy of the wlw of the prbperty mongayed or ro the wnrency w insolvency of said MORTGAGOR w tM defendants, and that such rents, F:^fin, incorRe, issues ~nd r~venues sh~ll be applied by such RecaivH accord~ng to tha lien w equity of ~id MORTGAGEE si~d the practia of such CouA. & To duly, promptly snd fully perfwm, d'ncharge, execute, effect, oomplete, tomply with and ~b'd~ by each u?d tvary the stipulations. ~yreaments, conditaru and coven~ms in said promissory not~ and Ihis mwtgage set forth. 9. TMt in t~ eveM the ow~ership of the mortgsyed p?emises, or ~ny part ti+e~eof, becornes vesfed in a pernoe~ other tMn the N10RTGAGOR, tM i MORTGAGEE, its wcuuon ~nd ~uiyro, may, without notice to the MORTGAOR, deal with such successa or successor in interesf with nfer~nce to this { mort~ape u~d the debt hereby secvred in the same manner as with Mortg~gor without in any way vitiat'ug or distharginp ths Mwt9~gws' lisbility hera i under a upon the debt hereby secvred. No aste of the prcmises hereSy mortgaged ~nd no forbearance on the p~r1 of the MORTGAGEE a its waesaon ~ or euiy~s and no extension of the time for the p~yment of the debt hereby secured given by tl+e MORTGAGEE or its suaessors a+ui~ns, shall operate 4 ro rekas~, dischar9e, modify charge or affect the original lisbility of the MORTCaAGOR haein, either in whole or io part. ~ 10. It is specificslly agreed that time is of the essence of this contract and th~t ~o waive~ of any oblig~Ywn hereunder or of the obliy~tan se- y cured heteby sMll at any time thereafter be F~eld to be ~ waiver of the terms hereof or of the instrument secured lxrby. i 11. tn addition to the faego:~g monthly payments of prin~ pDl a~d imerest required by the promiuory note secured hcreby, mortgsgor rnvensnh i and a9rees to pay to mortgsgee with esch monthly payment an sddi~ional sum estFinated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-Atl real property taxes kvied w assessed against the above deuribed real estate. 8-Premiums on fire and windstorm insurance as herein requ~red to be carried on the imprevemenb sitwh on the above desuibed premises. C-Premiums on svch mortgsge gwranty insurance as mortgagee shsll irom t~me to time deem fit ro carry on the loan secured hereby. Mortgsgee shall from time to time notify mortgsgor in writing of the amount due and payable hereunder and such sum shs~l thereupw~ bs dw and payable on the due date of the next monthly payme~t and each successive month tMre~fter until mwtyagee shall notify rnortgagor of a change i~ wch f amou~t. Such sums shall be applied by mwtgagee toward the p+yment of real property ta:es, inwrance prem~ums, and mortgaye guaranty irtwr+nce ' premiums. ~ IN WRN WHER ~ the id MORTGAGOR has hereunto Kt his har.d a~d seal the day an fint af aid. Sedl ~ ~ Sipn~, de ~ &~the presence of: - . ~ ! ~4 ~ / _ . ~ n ~ ~ ~ Seal) STATE OF FIORIDA ~ SS. COUNTY OF ~t ~ Lucie • ~f~ ~~i~r a~„~ Howard W. Sam son and Nelen D. Sa.mpson~ his wife; Emerson G.~ ~;-~pson and Iris T. Sampson, his wife; and William F. Sampsc~p w~~ roB~ o We~~~~~ ~~m~so~n~ wife the in~vidwb dsacribed in and who ucecuted the for instr~ment, and acknow before me tMt t n! ~ egarg h~y tx~a?1ed h~ ,same for t { therein ~xprsssad. N,a rt~ ..~Helen D. Sampson, aife of said~oward G. Sampson; ~ris T. ~ar~'pson, ~ W;te ,t Emerson G. Sampson; and Bonita G. Sampson, wife of said H'i~~,~~e ~n~y~~n ~ exsminaYwn by me taken separate and apart from her said Iwsb~nd, acknowtedged to ~nd before rew fhat t1+s exewted said inst~ument freelr and volu~r . tarily ~nd withovt ~iyr compulsion, corntraint, apprehens_iap, or fear of a from her said husband. WITNESS my Mnd ~nd official seal this .t~d~~~~ day of ~lCh A. D. 19 68 ~ ~ 6 Notsry P~blk in and fw ths State of florida at larpe ~ My Ca~wnissio~ expira: • ~ l4-!!-'. 7/ Retvrri Ta ~ FirsT federa) S+vings 3 Losn Association . ? Of Fort Pierce. ~ ~OT~~ ?ry`UC. iiAiE Oi iWW~ ~t LSa=E ~ F°" P:°'~°, F'°`~a~ FILEO AND RECORDE~ ~~MMission oc~RES oca. tt. ~s. ~ ST. LUCIE COUNTY. FL ~oNOEO ~ROUOw sRCO rr.,o~ssTC~tios~T - . - ~ ~ RE:CO?"' ~1r?'~t~D ~.j n~;'~-.,; M~ , r .s ~ ~ ~ 16540 ;126 ~ . , ~ ' ~ . ~ This instrument re ar '68 ~ 2 ~ ' ~ ~ . - _ ~ ~ First Federel Sav. & Loan As n. - ~ • v y . ` ' : ~ = ~ of = Pierce ~ . . _ - ~ 8 , n0~l=n ~:'OIT COURT . ' ! Y . CLERK CIRCUIT .;j~• ' ~ ` ~ r~ } ~ ~ 2~ ~ s. ~ ; - ~ - - ~ - _ .t ~ . _ _ ~ _ ~ ~ ~