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Home My WebLink About1703 3. To piact a~d continuousiy ks~p on tM bull~inys now w hNeaft~r ~itwt~ on said land and on sll equipmeM ~nd paso~aliy covtred by thi~ mort~ ay~, with all premiums thereon pa~d in full, fire insura~t~ in the usual tta~dard policy form, in • ium approved by the MORTGAGEE, aod windstorm inuu~nce in tFa ~svsl s~andard pol~q fwm, in a sum ~pproved by rhe INORTGAGEf, in such company or comp~nies as ~he MORTGAGEE may dir~J ~»d all firo and windsrorm insurance policies on any of said b~rildirq~, ~~y intere~t therein w part thereof, in tM ayp?e9art tum aforesaid o~ In ~xceu th~reof, shail contain ~he uswl staodud mortga9s~ ctsuss w tuch o~ha clause ~s tM Mortpa9ee may reqv~rs. makinp ths loss unda sa;d pol} ca~, exh and eve~y, payable to said MORTGAGEE as iri intereit m~y ~ppear, ard each and every such polity thall b~ promptly ass:yned u,d delivered to ~ey held by iaid MORiGAGEE ss ivrther secv~ity to s+id mortyage debt, and, not ku than ten (10) days in advance oi the expiration of each policy, to dr live? to said MORiGAGEE a renewal the~eof. togethar with a receipt fa the premiwn af such ?enewal; and there shall be no firo or wind~tam inwrance plxed on any of said buildings, any interest therci~ o~ ps~t fhereof, unleu in the form and with the loss p~yable as aforesaidt ar+d in the evenl any :um of money becomes payable u++der such poticy or policies said MORTGAGEE shall have the option to receive and apply the same on acco~nt of ths tndebted~ neu secvred htreby or ro permit said MORTGAGORS to reoeiva and ~se it w any part thereof fa other pu~poses, without th:reo/ waivi~~g o~ ~mpair ing any puity, lien p right unde~ or by virtve of thii mo:lpage; ~nd in the event said MORTGAGORS shall ta any reaso~ fail to keep the s~id premises so i~s~red, or fail to delive~ ptomptly sny of said poiicies of insurar?te to uid MORIGAGEE, a iai! promptly to pay fully any premium therefor o? in any reipect fail ro pxfam, discharge, execute, e(fett, complete, comply with a~d abide by th:s covenan~, a sny part he~eof, said MORTGAGEE msy pl~ce a~?d paY fw such inwrance u any p~h thereof without waiving w affectirq any option. lien. equity, w ~ight under or by virtw of this MorfQsge. ~nd the ful! amount of each a»d tvery wch paymenl sh~ll be immedi~tely dve snd psyable and shall bear interest irom the date thereof w~til paid tl tha ~ate of nine per ce~tum per annum and togNher with such inte?est shatl be secured by the lien of this mafgage. 1. To permit, commit w iuffa no waste, impairment or det~rioration of said property w any paA thereof. S. To pay ~II and singutar the cost~, charges snd expenses, including a reasonable attorney's fee and costs of ab~t~acts of t;tle, kxuned or paid at any time by said MORTGAGEE, becauu w in fhe event of Ihe failure on the part of the said MORTGAGOR to duty, prompHy ~~d fully perforrt?, diuharge, execute, eifen, complete, comply with and ab;de by each aod every the st~pulations, sgreements, conditions, and covenants of ssid promissory no~e ~nd thu mortgage a~y or eilher, and uid costs, charges and expensea, each and every, ahall be immediately due and payabte; whether or not there be notice d~ mand, attempt to collect or tuit pendingj and tM full amount of cach snd every s~ch payment shall bea? inseres~ from the date tF?ereof u~til p~id at Ihe rate of nine per centum per annum; and all said costs, charges and expenua inctured or paid, together with suth inre~est, shal) be sec~red by the lien of thu mo?tpape. 6. That (a) in the svent of any breach of this Mortgage or defa~It on the pan of the MORTGAGOR, w(b) in the event sny of said sums of mo~ey herein referred to be not promptly and fully psid wilhin thirty (30) days neat afte? Ihe same severatty betome due and payable, withoul demsnd q nofice, a? (d +n the eve~t each and tvcry Ihe stipvlatiorn„ agreemenn, conditwns and covenann of sa~d promiuory note and th~s mortgsge any or eitlxr are not ~uty, promptly snd fully performed, discharged, eaecuted, aifected, completed, complied with and abided by, the~ in either or any such evenf ths said a¢ gregate wm mentioned in said promissory note the~ remaining urtpaid, with inferasf accrued, and all moneya setured he~eby,'shall become due and pay- able fathwith, or thereafte?, at fhe option of said MORTGAGEE, as fully and completely as it all-of the said sums of money were aginally tNpulated to be pa~d on s~ch day, anything in sa~d promissory note w in this Mortgage to the contrary notwithstanding; and ?here~pw~ a thereafter a! the option of said MORTGAGEE, w7rhout norke or demand, suit at law or i~ eqvity, therefore or thereafter begun, may be prosecuted as if all monert sec~red hereby had matured pnw ro its institution. 7. That in the event that st the beginning of ot at any time pending sny wif upw~ this Mortgage, or to foretlose it, or to reform if, or to ertforte payment of any claima hereunder, said MORTGA6EE shall apply to the Carrt haviny jurisdiction thereof for the appointmenl of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singular, inctud~ng aIl artd singular the income, profits, iuues and revenves from whatever source derived, each and every of which, it being expressly understood, is hereby mortgageti as i3~spec;fically sN fath and deuribed in ~he granting and habendum clauses Fxreof, and such Receiver shall have all the broad and efieaive functions and powers in anywise eMrusted by a Cour1 1o a Receiver, and such appointment shalt be made by such Co~rt as an admitted equity and a mattei of absolute right ?o said MORiGAGfE, and without reference to the adequacy a inadequacy of the ratue of the property mortgaged or to the wlvency or insolvency of said MORTGAGOR o~ the defendann, and ~hat svch rents, profits, incorne, iuues and revenues shall be applied by s~ch Receiver accwding to the lien or eqvity of said MORTGAGEE and Ihe pratlice of such CouA. . 8. To duty, promptly and fully perfwm, dixharge, exetute, effect, complete, comply with arxl abide by each and every the stipulations, agreements, conditans and covenants in uid promissory nose and this mwtgage ut forth. 9. 7hat in the event the ownership of the mortgaged premises, a any part fhereof, becomes vested in a perwn other than fhe MORTGAGOR, tM MORTGAGEE, its successws and assigns, may, wirhout notice to the MORTGAOR, deal wi~h such succeuw w successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vifiatirg or discharging the Mortgagora' liability htrr under w upon the debt hereby secu~ed_ No sale of the Fremises hereby mortgaged and no forbeerance on the part of the MORTGAGEE a its sutcesson or sssigns and no exrens~on of the time for the payment of the debt Aereby secured given by the MORTGAGEf or its successors or auigns, shsll operate to release, d~xharge, modify charge or affect the original liab~lity of the MORTGAGOR herein, eithe? in whole w in psrt. 10. It is specifically agreed that time ~s of the essence of this contract and that no waiver of any obligatiw~ hereunder or of the obligaYan sr cured hereby shall at any time ihereafter be held to be s waiver of the terms hereof or of the imtrumeM secured herby. In add:t~on to the fwego:rx~ monthly payments of print pal and interest required by the promiuory note secured is and agrees to mortgagee with each monthly payrnent an addi~ional sum estimated by mortg o 12 of fhe annual cost of the follow- ing: A-A!! rea! property taxes kiied or assess . scribed real estate. B-Premiums on fire and windstorm insura rein requ;r o on the improveme~ts sitvate on the above destribed premises. C-Premiums on such mortg ranty insurarce as mortgagee shall from time to time carry on the Ioan aecured hereby. Mwtgagee shall ~me to time notify mortgagor in writing of the amount due and payable hereunder a su hall thereupon be due and payable on th ate of the next monthly payment aod each successive month thereafter uNil mortgagee shall notify mortgagor change in such amou sums sF.al1 be applied by mortgagee toward the payment of real p?operty taxes, insuronce prem:~ms, and mwigage guaran miums. IN WITNES: WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a year first af9 ~s Siqned, Sealed an deli ered in the presence of: ' T ( Seal) . n •n •n - - _ STATE OF FLORIDA \Se81~ COUNTY OF - St. Ll1C].! ~ ~ . eetw. ~ rwrwlly a~e~1 Willi.am F. Sam son and Bonita G. Sam son his wife• Howard W~„d_ ~~m~son and He~en D. Sapi son his wife• and Emerson G. ~Psh n~;{ ao ~ ~~a~n~so~ rhe indiridvs,~.~t~` ' ~e~•~r?d who ~xecuted the forepoiny irutrurr?ent, and ackr,ov~,ledQed before me that they executed the wme fo. the p~rrposes rn..~.~~,~:: ,t„d;r~li:~•~onita G. SamDSOn. wife of William R. Sampson• and Helen D. Satnpson w;i~f~.~,~,;~j _Howa~d.`t~ "~paon; and Iris T. Sampson, wife of Emerson G~ ~P„?~; so~ ~,;~,~f~ T-rrr- j=~ ex~ra4?eiclYV by..rn~, takin •wp~rit~ •6d +pan iromtfis taid husbands ~dcnowledged to end befwt ms that ~herexecuted said instrvment f~eely and volun- tNil~r ~vwtFa~t u?y_ cpp~pvhipA, cQutr~int. ~pprehe~sion, or feu of or fromflie? said husbar~ ~IYiTNES~ney Jur1d ind oftkia! isal t~+%• o2...C Z~ d•y ot N vember I?. D. 19 68 v G • z ~ f ` ' ; - . . FilEO AND RECOR tary PuWK in and fa the S~ate of F{orida ~t l~rqt • . . ~ ~ OUNtY~ F~-A• My Commiuion expires: :iter:i~ ~ro: . ` $T. LUCIE C Fu.r ,fde.~l~ S+Lthys~ d` ~io.n ~s,«~.r~o~ Ry^ ~ Notsy P~it. St~te ol Florida st larqe ~ Or Fo~~ P.crce. 1~1 Cqutissio~ Espo?as Se~. 23, i969 Fort Pierce, Florlda ~ M~MI b~kM ii~ i Cr~Ms G_ '68 NOV 26 AM 9:4 This Instrume~t Prepared By i20 J~~ ~O~j ~5 First Federaf Savings b loan Association ~ K ~~~CU1T COURT of fort Pierce CL..R Checked By J• D. Chastain ~o~~ ~ "14 F~~t 16g~ . . ~ Ly i P~`~ . ~v t cf