HomeMy WebLinkAbout2355 To pl«~ snd comawov~l~ ?NP on fh~ bui~d~~+p~ eaw a 1+K~d~« N~wN oe ~~~d 4nd w?d on ~tl puipn~M ~nd perfon~lly cowr~d bY 'Iw ~wa
p~, w~tA ~II pan?iw+a ~hN~on p~~d in ivil. fin i~w~~nc~ tn ~h~ wual s~~rd po~icy fan?, tn •~we ~ppowd bY ?i,~ MQttGAGEE. s~d w:nd~ro ~
~~~ww+a b N» wwl .~and.rd poi~c~r la~n. In s sum ~ppror~d by ~M MORiGAGEE. In. wcA canp~ny a ca~p~niy ~s ~h~ MORTGAGEt ~
d~~dt ~nd ~Q fi~~ ~nd wb?daam ~nwr~ poiic~ oe ~ny of ~aid bvlWu+pw ~ny tnNr~s~ t1~~in or pa?~ tM.wl, ie tM py«pa~a w~? ~fa~Nid
In ~apw ~I~~of. ~MII con~~in ~M ww1 ~andxd ma~yapM ci~w~ a~vci+ aiw~ c1~w. u~M Nb.~qpe~ may rpva~. nwl~ rM loa w+dK NNf po
ci~s. ~aeA ~nd ~wr~. wrabN ro a~id MORTGAGEE „~n iro~.e~~ en~y ~ppN~. uid ~aeh N+d ~wry ~~+eA poiicy ~MII b~ proenptly ~u 9n~d a~d d~live~~d ~
•~y MW by s.~d NWRTGAGEE twfMr ~sc.r+c+y ~o wd mor~qp. d.W. ~nd. ew laa than qn (10) d~ri in ~dv~nc~ of ~M ~apir~tian of rsch poi~cy. ro d
I~vK b wwl MORTGAGEE • nn~wal tMrwf. roptrl+N with • nuipl !p ~h~ pnm;wn of such r~n~walj ~nd ~l~~ ~hall b~ no la~ a wi~~a~n 1~wanc
p~~c~d an any QI wfd buildinos. ~ey ir::r:est t!~eN? a wrt thKwf, un1~u ie ~he fwm ~nd wi~h tM loa pay~bl~ ~s a(a~uid~ u~d in ~M wM~ ~ny ~u~
of nweKy pecomes payabt~ u~ such policy a po1KNS said MORTGAGfE ~lull Iww rh~ opr~on to r~csiv~ and ~pply tM s~m~ on accovnl ot ~M i~b~~d
n.v s~cw~d Iwebp a b p~rmit said MORTGAGORS ro reuiw ~nd uw N or •ny par~ ~he~~of la o~he. pueposei. w~~hout the.roi w~i~i~~ o~ ~n,pai.
~rq any p~ity, !iM a ripht u~ or by virtw of this rnortpap~: ~~d i~ d+..wm ad MORTGAGORS shaq far any n.son fsit ro k~eP ~M ~a~d p..mia.i so
iruvred, or i~il b d~liv~. p.a~prty any of said polKi~~ of insw~r+u~ ~o said MORTGAGEE, a fail pompNy ~o pay fully any pr~mium tMnfw o? in any
r~ip~ct fail 1o ptrfan~, dixhary~. ~a~cut~. ~if~N. compl~f~, comply wirh and abl~ ~ ~A11 COVfMt1f. w~ny pa~t ?unof, said MORTGAGEE may pl~c~ •nd
p+Y fw sucA inwranc~ w any part tMr~of without wahi~p or ~H~ctinp ~nY option. li~n, puity, a?iph~ undN a by virtw of this Mafpag~. and the
f~ll amount of each and ~w.y such paymen~ sh+ll b~ imnwdiably dw and qyabl~ u+d ihall b~ar int~?~~ rom tF?~ da~ tMr~of ~n~il paid at fh~ ra~~ of
n~rN pK t.~ntum pN annum and to~etF?tr with tuth imer~r ~II b~ iecur~d by tM li~n of this mortyape. ~ Y
1. To pamit, tanmlt w suffa no wasf~, u~,Pa~rm.nt o. datK~orar~a, of a~d aoP..ry or s~,y Pan Ehe..ot.
5. To p~y all and sirpulu tiw toats, cMr~s a~d ezpe~wt, inclvdirq a reasonabl~ attan~y's fN ~r?d coin of ~bstracts of tiN~, incurr~d or p~id at
any time by said J1ApRTGAGEE, bacauu w in tM wrnt of tM failura on th~ pan of tM s~id MORTGAGQR ro duly, promptly +nd fvlty pNfwm, d~schar~.
executs, effed, compkte, comply wirh and abide by ~ach and wery th~ itipvlations, preemen», conditio~s ~nd eownaon o! ~a;d prom;uory nots and t~ii
mortAaQ~ arty or e;rhN. ar?d sa;d cwt~, cMrp~s and ~xpens~s, ~ach a~d ~vKy. shall b~ immad~ately dw and p~yabl~: whetha w no! ther~ b~ eorice de~
mand, attempt ro colkd w wit p~~ding; and the fvll amount ot eac~s a:.3 v,re~; wch p~yment ahall beM inter~it from ~M dat~ th~r~of until p~id ~t the
.~ee of nine per centum per ~mium; and ail ssid msts, charyea u+d expe~sas lncwretl p p~id, topether with iuch int~r~st, sh~l) b~ Ncu~ed by tM litn of tha
mortya~.
6. Tha1 (a) in the event of any breach of this Mwtyaq~ or def~ult on tM part of the MORTGAGOR, a ib) in th~ ~vent ~~y of s+~d ~ums of ma~ey
herein rtferr~d to be not promptly and fully paid within thirty (30) day: ntxt after the ~ame asveralty become dw and payabk, withput demand or ~Otitt.
or (c) in th~ ~vtnt each and wery tM stipu~afions. ~gr~em~nts. cw~ditions ~nd covenann of ia~d promiuwy not~ and thi~ matpape aoy a eitl+er ~re no1
iuly, promptly and fully pe~formad, d~scMryed, axecvted. effected. completed, complied with and sbided Oy, thee in eitMr or any ivch ~wnt tM s+id a~
gregate wm m~nt'qnad in said promissory note then r~mainirg unpaid, with interest acuued, ~nd ~II moneys setured Mr~by, sMll becotn~ dw and pay-
able forthwith, or theresfte~, at the option of said MORTGAGEE, u fully ~nd comple~ely as ii all of the wid :ums of monry were aipi~?alty atipul~ted
ro be pa~d on such day, anythiny in ssid promiuory ~ote or in thF~ Mortyage to the conu~ry notwirhstanding; and fhereupon a thereafter a~ tM op~~on of
said MORTGAGEE, withwt notice w demand, svit at law w in equity, tFxrefwe or thereafter beyun, may b~ prosec~ted ~s if all moneyf secur~d hereby
had maturad prior to its i:?stitution.
7. Th~t in ths event.that st fhe begi~ning of or at any tim~ pending any wit upon this Mongsge, or M faeclow M, w to reform tf, w to eofwc~
paymeet of sny cl~ims he.evnde~, said MORTGAGEE shall spply to the CouM hav~ng jurisd~cuon thereof fa tM +ppointment of ~ Receiver, avch Court shall
fcrthwith ~ppoiM s~rcteiver of said mortgaped property all and .sinpular. includ~ng all and aingutar the income, profits, issues and revanve~ f~om whateve~
:ource der;ved, each and evcry of wh;cl?, if beinp exprculy unders~ood, is hereby mortgaged ~s if specifically set fwth ~nd de~c.~bed in the ~.~e~iny and
habendum davses hereof, ~nd such Receiver ahall have ~II the broad ~nd effective funct~ons and powers in anywisa e~trusted by a Cou~t to • Receiver, ar~d
such sppointment shall be made by such Court as an admitted equity and a matter of absolu~e i~gh~ to said N~RTGAGEE, u~d without referente to the
adequacy w inadequacy of the v~lue of the property mo?ty~yec! or to the soherrcy w insolvency of said MORTGAGOR or the defendants, u+d that such
ren~s, profin, income, iu~es and revenws shall be applied by such Receiver ~ccordinp to the lien a puiry of aid MORIGAGEE and the prsctiu of such
Cou».
8. To dvly, p?anptly snd fully perfo~m, dixharye, execute, effect, complete, comply with ~nd abide by each and ~very the stipulations, ayreemenb,
conditans ~nd covenants in said promissary aots and this mwtya9~ set forth. •
9. That in tM event the ownership of the mortgayed premise~, a any part lhereof, becom~s ve:ted in ~ per~on other tl~an ti~e MORTGAGOR, tM
MORiGAGFf, its successws and assigns, may, without notice to the MORTGAOR, deal with such succeuw a successor in interest with reference fo thia
mortgape ~nd the debl hercby secured in the same manner as wi~h Mortgagor w~thout in any way vitiatin9 w d~xharp~ny the Mony~gort' liability h~rr ~
undes or upo~ the debt hereby secured. No aale of fhe p~emises he?eby mo.tgaged ~nd no fwbe~rsnce on the p+rt of th~ MORTGAGEE w its successwt
or ass'gns and no extension of the time fw the paymeM of the debt hereby setured 9iven by Ihe MORTGAGEE or iti ~ucc~ssors a auigns, sMll operat~
to release, d~xhar9e, modify change" or affect the wiginal liability of the MORTGAGOR herein, either in whole or in part.
10. h is specifically sgreed that lime is of the essence of this contract and tMt no wiivsr of any obligation hereunder u of 1M obliyaYan se-
cured hereby ihall at sny time thereaher be held to be a waiver of the terms hereof or of the instrvme~t secured herby.
11_ In add~tion to the fwego:rg monthly payme~ts of princ'pal and ieterest required by the promissory no~e secured hereby, mortgagor covenanri
a~d agrees to pay to mortgagee with each mw~thly payrnent an add~rional s~m esrimared by mortgagee to be equal to 1/12 0! 1he annual cost of the folbw-
ing:
A-AO real property taxes levied w assessed agai~st the above described real estata
B-Premiums on fire and windstorm insurance as herein requ~red to be carried o~ the improveme:?ts situate on the ~bove described ptemises.
C-Premiums on such mortgage guaranty insurance as mortgsgee shall from time to time deem fit to ca?ry on fhe loan secured i~ereby.
1Nortgagee shal! f~om time to tims norify mortgagor in writing of the amount dua a~d payable hereunder ~nd such wm shall thereupon be due and
cayable on the due date of the next monthly paymenl and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in suth
amount_ $uch sums shall be applied by mwtgagee toward the payment of real property tsxes, insutante prem':ums. and mortgaye yuaranty iniurence
premiums.
IN WITNESS WHEREOf, the ssid MORTGAGOR hss hereunto set his hand and seal the day ~nd yesr fint aforesaid.
6i ed, Sealed and d livered in tM presence of:
~ n
~
,
~
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STATE OF FLORIOA
courmr OF St. I+t1Cie ~ u' - ,
~ .
eef«e ~.o~uy .~.a..d William F. on and Banita G. on h3.e t~I:~Ye• ..$ar~on
, Helen D. Sam~son, his ~ife; ~aerson G. Sampson an . ~o~ ~ ~ •a;=,r, - ~ ~
the ind;vidwk dewibed in ~nd who ~xecut~d ths fora9anp iiutrument, and acknowl.d~ad b~for~ m~ tMt Mr • tM~~ y~~.
! ~h~«n .xa~,~d. ~„d ,ti. ~ a G S on wife oY the sa~id William F. p•~ He].e~f: D:. ~~on
w,re of ,M ..;a HaWard W. Sampson; . ampsan e o sa _ .~++a ~ v~?.~
exam~n~Yan by me taken separat~ and apart fromlTi¢ sa;d husban~ acknowitdyed ro~nd btfw~ me th~t xeyt~ll Nid,~u
1u~~y ~nd rplun.
ra.ily u~d withprt any compulsion, conshaint, apprehension, or fear of w from'~fe~ s~id hutban~ ~ 1'• ' T ,•a~_:
WRNESS my hand snd offic;~l ~tal thi: ~ n~/~, day of - ~ .''f D. 19
j - ~ ~ tJ
Not~?y Public in ~nd iw th~ Stab Horida ~t l~rp~
Retvrn To: My ~O^"^'u~ ~~rsss
Fint F~ral Ssvinys i toan Associatan 1~07ARY PUBLlC. STATE of FLORlOJ1 st U1RGE
MY WliYISStON EXPIRES SEPT. 25. 1975
Of Fo?t P~erte. M~~~ ~
fon Pierce, fiorida '
' flLfO ANQ RfCWtp~0
ST. tU61E COUfITY f~ .
ROCER P01tRAS `
TMis t~strument P~epared By J. H. Robe2't3~ JT. - CtERX ~IRGUtT COtlRT
F+rst Federol Savings b loan Association qECOl19 Y~~tf~f0~
of Fort Pierce ~ F1C~'id8
~t 1~ ~2 vo P!1'?1
Checked By~- ,
2~z~
aooK20i ~~~2~
53
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c'aq~ _ .
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9„ `m~A;Y f ~EiW~-~c--. -