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To pl~u and coe+~inuous~Y kNP oe tM buitdinps oo~w a M~e~ftN dtu+?~ on s~id tand a,+d on ~II puipment and p~noaally cowr~d by this map~
~p~, with ~II premiunA tM~ea? p+id ie full, fire insuranc~ in ths ui~al uaedard policy fo~m, ~n • sum ~pprowd by tM MORTGAGEE. and wiedstain ~
i~wru~c~ in, tM u~usl atandud policy fam, in a ~um approv~d by tM MORTGAGEE, in ~uch company or compania a the MORTGAGEE ~n+Y ~
dinctt u?d all fin u+d wind~torm inwr~no~ poltcies o~ any of ~ad build~np~, ~ny innr~st ther~in a put tMr~of, in tl+~ pprepat~ ~wn afaaaW w ~
in uccas tl»r~of, sMll contain ~F~ ~awl standud matpag~+ cl~us~ :+r wch othar claus~ a th~ Mortp+~ may ~pvin, m+kinp tFn lou w+da uid po1F
ci~s. ~sch ~nd ~vKY. P+Y+bI~ ro aid MORTGAGEE as ib i~terest may ~ppNr, and tach and ~vNY wth Pol{cy tMll b~ p~anp~ly ass:9ned u+d d~tivtr~d to
~ny MW by ~aW MORTGAGEE ~s iurth~r security to s~id mut~a~ deW, and, .at I~s~ t!?~n t~n (10) d+ys io advana of tM ~xpir~tion of e+cA policY, w dt
IivN to s~id MORTGAGEE ~ ~tn~wal th~r~of, topetMr with a rostipt fa tM pnmium of wd~ renew~l; a.~+d tMn sMil M ~o fu~ a windstam inwru+c~
pl~ad on ~ny of said buildirgs, ~ny tnterqt ti+K~in or p~n tMrwf, u~less i~ tM fon+i ~nd with IM bu p+y+bl~ u ~faesaid; u+d in tM ~v~nf any sum
of ma?~y becomN p~ysbM w~d~r sud? pe~kY or Po~ici~s s+id MORTGAGEE sh+ll haw tM option ro r~uiw and ~pply tM s+m~ on ~ocow+t oT th~ indebted-
nas acvr~d Fwr~y a b pKmit said MORTGAGORS ro raoeiw ~nd us~ it a~ny pan the~eol fw other purpoaes. witF?out thaeb,~ waiving a impair-
irg any puiry, lieo a rpht unde~ or by virtw of tFw enwt~+p~: +nd 1n the ~wnt s~id MORTGAGORS shall fa any ~~awn fai~ w ke~p ~M uid pnmis~s w
inwrod, w f~it b d~liv~r promptly ~ny of saW polici~s of insunnts ro said MORTGAGEE, w fail F?omptly to pay fvlly +^Y prtmium ther~fw w in ~ny
rap~ct fsil fo pN(ocn4 discMr~. ~x~cut~. effect. compl~t~. aanph with and ~bide by this covtn+nt. w ~ny p~H htt~of, said MORTGAGEE m+y pl~te snd
P+Y fw such inw~ancf ot ~ny psrt tMteof withwit w~lvinp or affWinp anY oWio+~. ~f~n. ~9~ib. w?iphl w+dN or by virtw of this Mwtyapt. ~nd the
full anaunt of ~seh ~nd ~vKY weh P+YmNN sh+ll b~ irrwmdiatdy dw ~ed p+y~bl~ and sh+ll bea~ intKht from tM d~t~ thtr~of w?til p~id M tM rat~ of
n~n~ pa unwm pN aivwm ~nd topether with sucA k?teresf shall be sscured by tM lian of this mat~+pe•
1. To pKmit. oaomit or suffe? no wut~. Lnpairm~ot a detaiwatan of s~id prope~ty w any Wr1 thenof.
S. To pay ~II ~nd sinpul~r th~.cats, charyss u~d expens~s, includinr s msson+bl~ attwnay's fe~ and cwn of ~bstr~cts of titb, incun~d w paid ~t
any time by asid MORTGAGEE, b~cavs? or in 1M twnt of the failure on the p+rt of tM said MORTGAGOR to dvly, promptty ~nd fir1ly perfwm, dixMrga
execvt~, effect, oompkt~, comply with and ab'~ by ~ad~ +ed every ~h~ stipvla~ions, ag~ee++?en». conditio% and oownants of said promissory ow~ and this
matpp~ aMr w eitha. and said cosM, dwrpes and experres, each ~nd ~very, shall b~ immsdiately dw ~nd p~yabl~: w p::.:s x eot thsn 1» notici ds
mand, attempt to collect or suit p~nd~ny: ~+d tlr full ~naunt of esch and every such psYm~nt ah+ll be+r ietere~t from 1Fw dat~ thereof w+til piid the
rate of nine pe? ccntum per annum; ~nd ~II s+id cdits, chupes snd expensa incvrrsd or paid, toyetha with such intensf, shall b~ a~cured br th~ IiM of tFw
morty~•
6, ihat j~) in the event of any bre~ch of tha Mwrpape or def~uh on tM p~~t of the MORTGAGOR, a(b) in tM ~ver?t ~?y of said wms of money
here~ referred to be not proenpty and fully paid wi~hin th~rty (30) days nex~ ~frer the sarne sevewlly becans dw ~nd payabl~. without dernand w notite.
or tn the evMt e~cA and every the stipufations a9raemsms, c«+d~~ions ~nd covenson of ssid promiss.,~y nwe and th~s morfp~pe ~ny w either u~ na
iuly, prompNy ~nd fully perfo~med, dixharQed, executed, ~ffected, compkted, complied with and sbided by, then in either w ~ny svch ewnt the said a~
yreqat~ wm mentaned in ssid promKSOry note then ramaining ~~paid, with inter~st sccrued. and all moneys secured haeby. sMll becant dw and p~y~
able fwthwith, o? thereaher, ~t the option of ssid MORTGACaEE, u fully ~nd canpletely ~s ii ~II of the said wms of money were wginally atipulated
ta be paid on such day, anylhiny in s+id promissory nott or in this Mwtgage ro the contrary notwithstsnding; and th~reupon o? thereafta ~t th~ optioe~ af
said MORTGAGEE, without notice or demsnd, suil ~t lawr w in puiry, therefore or there+fter begun, m~y be prosecuted as if dl moneys s~wred hsrsby
had matured pr~ior ro iri Irutitutio~.
7. That in tM tvent tlut ~t the beginninp of or ~t any time pendiny soy suit upon this Mortgape, or to faeclose it, w to refam N, a to e~+forcs
payment of ~ny claims hereunder, said MORTGAGEE shall apply to tF~e CouA having iurisdiction thereof fw the sppantment of • Reteiver, wch Co~rt sha11 ±
fortFiwith ~ppoiM a mceiver of said mat9aged property all ~nd iinpvlar. inclvd~ng all and singutsr tM income, profits, issues and revenues ~rorr? whatever
wuru da~ived, exh and every of wFi~ch, it beinp expressty ~nde~stood, is hereby mortgaged ss if apsci(ically xt forth and dewibed h+ the ~rantirg and
habendum claus~s hereof, and wch Reaiver sh~ll F~ave •II the brwt! and effective f~nctions and powen in anywise entrwted by a Cou?1 to a Receivsr, and
such appointment shsll be made by wcA Court as a~ ~dmitted equity snd a matta of absolute right ro said MORTGAGEE, and withou/ referenc~ to tM
edequscy or insdequacy ot th~ value of the prbpe~ty mwtg~ged or to fF?e so~vency or i~solvency of s~id AhORTGAGOR « rhe defendann, and that such
rems, profin, income, issues and rwenues shatl be spplied by such Receive. accwd~rg to ~he lien a puitv of said MORTGAGEE and the practia of such i
Court. ~
8. To duly, promptly and f~lly perfwm, d'achar9e, execute, effect, complete, comply with and ~bide by each and ewry the stip~lations, a~reemenb, ~
conditioru and oovensnts in said promissory note and this mortgage set forth.
9. That i~ the event the ownership of the mortpayed pranises, w any psrf thercof, becomes vested i~ s person otF~er th~n the MORTGAGOR. 1!n
MORTGAGEE, its successors ~nd aui9~s, may, without norice to the NWRTGAOR, deal with such successw w wccessor in imeresf with refcrence to this
mortgsge and the debt he?eby secured in the same manne~ as with Mortgsgor without in any way viti~tirg or discharging the Mort9agon' liabiiity hera
under a upon the debt hereby secured. No ssle of the premises hereby mortgaged ~nd no fabearance on ~he part of the MORTGAGEE or in successon
a usgra and ra extension of the time fw the p~yment of the debt hnreby secu~ed given by the NIORTGAGEE or it~ successws w suiyns, ~hall oper~t~
ro rels~se, discharge, modify chsnge a affect the wiginal liabifity of the MORTGAGOR he~ein, either in whole a in psrt.
10. It is specif'~cally sgreed th~t time is of the essence of this contract. ~nd that no waiver of any obligaYwn hcreunder or of tlk oblgation se-
«:red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby.
11. In addition to the forego:ng monthly payments of princ'pDl and interest required by the promissory note secured hereby, morfgs9w mvenants
and s~rees to pay ro mortgagee with each monthly payment an additiwul sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All resl property taxes levied w sasessed against tAe above described real estate.
B-Premiums on fire and windstorm insurante as herein requ~red to be tarried on the improvements sifuate on tF~e sbove described premises.
C-Premiwns on suth mottgage gwranty insurance as mortgaget shall from time to time deem fit to urry on the loan setured hercby.
~ Mortgagee sfiall from time to time notify mortgagor i~ writing of the amouM due and payable hereunder ar~d such wm shall therevpon be due ~nd
payable on the due date of the next monthly psyment and each successive month thereafter until mortgsgee shall notify mortgsgor of • thange in s~th
~ amovnt. S~ch sums shall be spplied by mwtgagee toward the payment of real property taxes, i~vrance prem:wns, and mortgsye guaranty inwr~nce
premiums.
IN WITNESS REOF, the ssid RTGAGOR Ms hereunlo sef his hand sod sesl the day ~nd +r finf oressid.
S~peNd, delidaed in pr of: ~S@dl ~
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Seal)
STATE OF FLORIDA ~ _
St. LuCle
courm oF ~
~f~ ~ ~i Howard w. Sampson and Helen D. Sampson~ .his wife; Emerson G.~
Sampson and ris T. Sampson, his wife; and William F. ~?~SQ
~
a~~ kg~on, ~t~~, ~a~~s~n,his
the t~vidwls desuibed in and who ezecuted the foregoing instrumeet, and adcnowledped before me tMt tMy sx~ated tht sarrK rw rn. p„~po,e, wi f e
r~?~u, e~~..d. a~d rh. s.~d~elen D. Sampson„ wife of said Howard G. Sampson; Izis T. Sampson,
„,;f, ot d,. „~d Emerson G. Sampson; and Bonita G. Satnpson, wife of said P~i~„j,~~„te~
exsmination by me taken fep~rst~ ard apart from he~ said husbsnd, ackrawledged ro sr+d befor~ mt that ahe exscut~d s~id irotrumeM freely and volwr j
rarily u~d without aryr compubion, constraint, appre i w feu of a from her s~id Fwsb~nd.
~ WRNESS my 1»nd and official seal thi ~ day of ~rCh A. D. 19 68
~ ~
~
~ Nwsry Pu lic in ~nd fa t!w State of flwida at lups
My Commission ~upites: f
Retvm to: Z 6- 7~
~ Fint feder~l Savinps d. loan IlssociaYan •
~ ~ F«~ P~~•«. FILED ANO RECORDE TARY PuBUC.:~ATf OF t ..JA AT LARGE .
fort Pierce, flo~ids ^1~ I~ ' ~ COMMISSfON t . ~ . ,.v. 26" 197~ -
~ JT. LI~L l, U•~TY F~~p TMROtNin FN .O M. O~Et;~Nl'>r~f~' :
.r . . ~ ,
~
~ ~ ~ ~165~23 . ;
= ~c~;- _
~ '68 l~~~.~ 28 !Z : 29 ~ ~ "j :o~ ~ _
~ This instrument prepared by ~ C, - J
Loan Assa . ; , . t - ~ . ~ ~ . . ~
first federal Sav. & . . . . -
of F Pierce _ . CL~~K C,ZCUIT COUR7 . - ~ `
sy BOOK ~ 7~, PACE 348
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