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Home My WebLink About0557 J. To plaa •nd contin~o~~1y k~p on tM buildi~ps now a M~~aftN tituH~ on ~~id I~od and on ~II equipment and p~rionally cove~ed by thi~ morlp~ p~, with all pttmiwn~ therton pa~d in full. (ir~ iniur~~c~ a? tM usual irandard policy form, 1n a ~um app+oved ~y ttro MOR~GAGEE, and wind~twm inswanc~. in . ~M uiwl s~anda~d pol~cy (am, in • ium ~pprov~d by tM MORTGAGEE, in wch company a comp~nies as ~M MORTGAGEE may directj ~~d aU fi~~ and wi~~orm inswanc~ polKies on any o( ~eid build~npl, ~ny inNryt the~tin w part thereot, in the syyre~~t~ tum ~fp~taid w tn ~acess tAerpf, shall con?ain th~ wwl uandard ma~pap~e tlsuss a ~uch otFwr clause a 1!» Mort~a~e may requ~~~. makirq tha lou vnder sa~d poli- c~es, ~ach and ~wry, payabl~ to ~aid MORTGAGEE in in~eresl may app~a~, and each and ~ve~y ~~ch poticy shall be prompily ais 9ncd and delivered ~o •ny hNd by said MORiGAGEE as iurther security to s+id mortpa~ debt, and, not les~ th~n ten (10) days M sdvance of ~h~ expiration oi cach policy. to d~- livK to said MORTGAGEE a renewal ther~of, toge~Fwr with a ~ec~~pt for the pnmium of f~ch ronewal; and ~here thatl be no firs or w~ndstam insunnc~ pl~csd on ~ny oi s~id buildiny~, ~ny interesl tFwr~~~ or pu1 ~hKeof, unleu in the fo~m and with ~M toss payabl~ as ~fores+idt and in th~ evenl any wm of nwney betp~a payaWe w?dei sucb pc~icy a policies ~aid MORTGAGEE ~hall Mw tM opGon ~o receive and spply ths same on account oi the indebted nesi secur~d Fwr~by or a permit ssid N10RTGAGOR~ to ?aceive snd vs~ it p any part thcreof for other pwposes, wi~ho~t th,r~b~ waivi~ig o~ anpair- in~ any p~ity, lien or right under or by virtw of lhis mortyaas; and in th~ evenf .said MORTGAGpRS s1~s11 for any reason fail to keep the taid prernius w i~sured, a fail b deliver promptly any of said policie~ of insur~nc~ to s~id MORTGAGEE, w fail promplly fo pay fully an~ pr~~nium the~efor p in any respect fsil to perfwm, distharye, execute, effM, comptete, comply with and abid~ by thi~ coveoant, a~ny part he.eof, said MORTGAGEE may plxs and paY fo~ suth kew?ants a iny p~?t tMreof without w~iviny a affettin9 ~ny option, lien, equify. ot right under or by vi~tw oi this Mort~e. and the full amovnt oi each aod every such payment shall be immediately dw ~nd payabla and shall bear interest from ths date the~eof until-paid at the rat~ ol n~ns per tentum p~r annum and to~ether wi?h suth interoat ~hali be secure~ by ths lien Of thif mortyage. 1. To permFt, tommit a ~uffes no wasts, impsirment or deteriw+tion of s•~d properW w•ny pan ~hereof. S. To p~y all and wg~la~ the costs, ch~ryes and expense~, includ~ng • rcasonable attaney'a fee and costs .of abstracts of title, incurred w pa~d af ~ a~y time by said MORTGAGEE, because o? in the event of the f~ilure on the part of the said MORTGAGOR to duly, promptly and futly perform, d~scharge, i executs, effect, camptet~, comply w~th and b:de by each and every the stipula~~ons, agreemenrs, conditions, and co~enants of said prcm~ssory note and this t matgaye any w eithe~, snd sa~d coata, chs~ges a~d expensei, each and every, shaU be immediately dus and payable; whe~he? or not fhere be notice d~ mand, attempt to colled or avit pe~ding; snd the fvlt aaauM of each and tvery such payment shall bea. in+eres/ from 1he dafe rhereof u~til paid ~I the rate of ~ine'per centum per an~wm; and all said cosrs, charges and expenus inturred or paid, together w~th such intcrest, shall be setured by the lien of thu m«ro.~.• 6. That (a) in the event of any broath of this Matgage or defautt on the psrt of the MORTGAGOR, w(b) in the event any of sa;d sums of money herein referred to be rat promptly and fvlly paid within thirty (30) dsys next after the same seveiatly become due and peyable, withput demand O~ notiCe, or (c) in the eve~l ~xh and eve?y 1he stipulationt, ~greeme~ts. conditions a~d mvenants of sa;d promiisory note and tA~s mortgage any a eitAer sre rwt iuly, promptly and fully performed. dixharged, exetvred. effected, tomplsted, comp{ied with and ab~ded by, then in either w any s~th event the sald sQ~ gregate wm mentioned in said promiuory note then remsiaing vnpi~d, with intcrest accrued, and all moneyt secured hereby, shall become dus and pay- ~ ebie fwthwith, or tFxreafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money we?e orlginally atipulated ~ to be paid on such day, anything in satd promiuory note or in this Mortgage to the conlrary nolwithsta~ding; and thereupon w thereafter at the optio~ of sa+d MORTGAGEE, without notice w ckmand, suit at Iaw w in equity, therefae a thereafter begun, may be prosecuted st if ali moneys secured hereby had maWred p~wr to +n institution_ 7. Thst in the erent that at the beginning of or af any time pendi~g any suit upon ~ha Mwtgage, w to foreclose it, w to reform it, or to enforu payment of ~ny cla'~ms hereunder, said MpRTGAGEE sMll apply to the Cour1 having jurisdiction ~hereof fw the appantment of a Rece~ver, such Court shail forthwith ~ppoint a reoeiver of said mortgaged p~qx~ty al! and aingvlar, Includ,ng all and singular the inmme, proi~ts, issues and revenues from whatever source.derived, each and every oi which, it beinp expreuly understood, is hereby mortgaged as if spetiiically set fath and dewibed in the grantirq snd habendum clavses hereof, ~nd such Receiver shatl have atl the brosd and efiective funtt~ons and powers in anywise erttivsted by a Court to a Reteiver, ~nd such appointment shall be made by s~ch Court as an admitted equity a~d s matter of absolute right to said MORTGAGEE, ~nd without reference to the adequacy a inadequacy~of the v~lue of the proper~y mortgaged or to the whency a inwlvency of said N10RiGAGOR p the defendants, ar+d that avch renrs, profits. ~ncome, iuves and revenuei shall be applied by such Receiver accord~n9 to the lien a equity of said MORTGAGEE and the practice of such Court. - 8. To dvly, promptly and fully perfwm, dixharge, execute, effect, complete, comply with ~nd abide by esch aod every the stipulalions, sgreerrKMS, conditions and cove~+anrs in sad promasory note and this mortgage set fath. 9. That in the erent the ownEnhip of the rrartgaped premises, a any part thereof, becomes vested in a person othe~ thsn the MORTGAGOR, the MORTGAGEE, iri successora and auigns, may, without notice to the MORTGAOR, deal with such auccessor or successor in interest with reference fo this mor~gage and tix de61 hereby set~red in the sune manner es with Mortgagor withouf in any wsy vitiatins or dixharging the Mortgagors' liability htrr under ot upon tlH! debt hereby setured. No ssle of the premixs hereby mortgaged and no fwbearance o~ the part of the MORTGAGEE w iti successws. or asigns and no extension of the time fw the payment of the deb~ hereby secvred given by li+e MORTGAGE' or its svcce:sors w auigns, shall operate ro release, d~scharge, modify ctwnge w affect the original liabil~ry of the MORTGAGOR herein, either in whole or in part. . 10. It is specifi:.ally agreed that time is of the cssence of this contract and that rw waiver of any obligat7on hereunder or of the obl'igaYqn sr cured hcreby shall at ~ny time thereafier be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~tion to the fwego:ng monthly paym~nts of princ"pal aod interest required by the promiswry note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each mo~thly payrnent an addirionsl sum estimated by mortgagee to be eqval to 1%12 of the annual cost of the follow- ing: A-All real property taaes levied or assessed agai~st the above dexribed real estate. B-Premiums on fire and windstorm insu?ance as heiein requ~red to be wrried on the br+p~oveme~ts situate on the above described premises. C-P~em;ums o~ such mwtgage guaranty insurance as mortgagee shall from time to time deem fet to carry on the ba~ secured hereby. Mortgagee shail from time to time notify mortgagor i~ writing of the amount due and payabk hereunder and such sum shall thereupon be due and Fayabls o~ the due dare of the next monthty payment and each successive month thereafrer ur,til mortgagee shall not~fy mwtgagor of a c}wnge in svch a-nount. Such sums shall be applied by matgagee toward the paymen! of teal property faxes, inwrante prem:ums, and morlgage guaranty insurance premivms. IN WITNESS W REOf, the id N{pRTGAGOR has hereunto ut his hand ared seal the day and yeai f'ust sfaesaid. Sea nd 1' i of: . /W`~' aq ~ n n ' n STAjE OF FLORIDA - couNi,r oF _ st Lucie sE4l) 8efore me persorwlly appeared William F. Ssm o and 3o t • c~, ard 'rl. Samnson and Helen D Sam~~ e•• ti„ - . ~ wMe. ~ _ , . to me ro rhe individwb desvibed in u~d who executed the fore9arg instrument, and ac4rwwledyed be/oro me ihat-_ p~p~s rein e esud. the . • ~~m~~on w~e o oWar . ampson an r s . - - ~ wi e said ~ Sfl111 ~~.n ~ examinatbn by me faken scparafe snd apart frar?.thei'said husbandy aduwwledged te and befwe rn~ t}~1~1~ ` ~ rariiy and without any compuls'an, constraint, appre/hension, or feu of or from~he~ id huibsndF ~c~~'"z; ~ WITNESS my h~nd ard official sea) this f` t ! ~ day of ~ - ~ `'e. . : • • . • ~ ~~lot:~~a=:~:. Notsry Public ii~ ~ : Nly Commiuiori ~ , a~t,,.~ To: f: q , Firtt Fedeql Savings a loan Association R Np~ 1'Yw~• 2S. {9n ~ AN IIEC~ ~ w` Of Fort P~erte. i~~~~~~~~OUM ~ Coaux:t~~ atR IOITTIIA~T ~1,~,~'~ ~..ur~..~"'° ~ Fort Pierce, Flwida ~LERK CIIICtlt REQ~Q rE~litEO...•+~~ This Instrument Prepared ByJ, D~~S~~~~~ First Federal Savings b Loan Association of Fort Pierce~ Florida Q 2C~0813 , Checked 8y,~1d- ~ aooK ~88 ~ 55~ . ~ : _ ~ ~ - : ~ ~ _ _ _ ~ > ~ : ~ ° ~ ~~="~~~~~~"~~-r' .