The URL can be used to link to this page

Home My WebLink About2263 ?o p~ace and ca+tinuously keep on the b~i:d~ngs now o~ herea{te~ tiWete on said land and on ali equipmeN and perionally covered by Ihit ma~g~ a9e, w~th •11 premiums ~hereon pa!d in full, ihe ins~rar,:e ~n ~he uwal standard policy form, in a sum app~o~ed by the MOR~GAGEE, a~~d w~~dstorm ~nsurence in the uiwl standar~ pol:cy fwm, in a s~m app~oved by ths MORIGAGEE, 1~ ~uch canpany o~ compan~e~ a~ the MORTGAGEE may dirett; and all lire ar.d wmdsrorm insuiance pol~cies w+ any of ~aid buiid.ngs, a~y inte~es~ therein or part ~hercot, in the agg~egate tum afaessid w fn eaceu tAereo(, sAal1 contain the usust ~tandard mortgagee clause w such othe~ clauss sf Ihe Mortgagee may requ~rs, making Ihe loss unde~ fa~d pol~ cies, each and eve~y, payab'e to said A10RTGAGEE as ih inte~rst may appear, and each and every auch poi~cy shall be prompNy ass gned end delive~ed to any held by ssid ~V10RiGAGEE ss (wther ~ec~rity 1o said mo~tgaga debt, and, nof Iess ~hsn ~en (101 days in advance of the expirat~on of each pol~cy, to da liver to said MORTGAGEE a renewal thereof, togethe~ wi~h a receipt ior the premium oi such ~enewal; and there shall be no f~re o~ wi~sdstorm ins~rance placed on a~y of sa~d bui;dings, any inoeresl ~here~~ or pa~t thereof, unless in ~he form and w~~h ~he losa payabte as aforesaid; and in the e~nnt any sum of mon~y beconus payable under such policy w po~~cies said MORTGAGEE shall have the op~~o~ to receive and apply the same oo accounl of the indeuted- ness slcuted hereby Or 10 permit idid MORTGACiORS fo reteive and use it Ot dny part thereof for o:hc+ pu~E~osrs, ~vnh~~.:t th:r,u~ wawr~~ c~ u~.Pa~~' ing any eqv~ty. lien w rtght under a by virtue ol this mo;!gage; and in the event sa~d MORTGAGORS sha!{ for any reaion fail to keep the sa~d premisrs so ~nnured, w fail to del~ver promptly eny of said pol~ciea ol insurance to sa~d MORTGAGEE, w fail promptiy to pay fuily any p~e+»i~m therefor or in any respect fail !o pertwm, d~scharge, execute, e~teU, completa, comply w+th and ab~de by this cove~an?, o~ any par~ hrreof, aaid MGRiGAGEE may place a::tl pay iw such insurance or any par~ thereof wahaut ~valving w affec~ing any option, lien, equ~ty, or rtgh~ under w b~ vhtue of th~s Mo~~gage, and the f;,ll amount of each and every s~ch payment shall be immediately due and payable and shall bear interest from tFie date thereof un~if po~d at ~he ra~e ol nme per cenwm per ann~m and togethar wi~h such iroerest shaU be secwed by the lien oi fhis mortgage. 1. To permil, tommit a suf(er no wa~te, impairment or deterioration of said property w any part thereof. 5. To pay all and singular the costs, chargea and expenses, includ~ng a reasonabte attor~ey's fee and cos~s oi ab?trads of title, incurred or paid at any time by said MORTGAGfE, because w. in the event of the fa~lure on the part of ~he said MORTGAGOR to duty, promptly snd fully perform, d~scharge. e,ecute, e(iecf, complcte, comply w~th and ab:de by each and every the atip~lat~ons, agreements, cond~tions, and covenants of sa~d prom~ssory note and th~~ mortgage any w eithe~, and said costs, tharget and expenus, each and every, ahall be immed~ately due and payable; whether or not there be notice do- mand, attempt to coltect w suit pend~ng; and the full amount of each and every such paymen~ shatl bear intcrest from ~he date thereof until paid at the ~.:re of nine per centum per annuw.; a~c.' all aaid costs, charges and e,epenses incurred or paid, together w~th such inurest, shall be secured by the lien of thi~ mortgag~. . b. Thst (a) in the event of any breach of this Mortgage or defaul~ on 1F~e part of the MORIGAGOR, or (b) in the eveM ~ny of satd sums of mor+ey herein referred to be not pro~nptly and fully paid within th~rty (30) days next after the sarne seve~ally become due and payabte, without dema~d or notice, or (c) in thr event each and every the stipu~ations, agreements, cond~rions and covenams of sa~d promissory ~ote a~~d th~a mortgage any or either are not ~uiy, promptly and i~lly performed, d.scharged, executed, effected, completed, compiied wi~h and abided 5y, ttun in either or any s~Kh event the aa~d ag gregate s~m mentioned in said promisso~y note the~ remaining unpaid, with interext accrued, and all moneys secured hereby, stiall become due and pay- ab+e fo~thwith, or thereafter, at the oprion of said MORTGAGEE, as fully and campletely as ii all of ~hr said aums oF money were or~gina:ly st~pulated ro be pa~d on svch day, an~thing in sa.d prom~sswy note or in this Mortgage to ~he conrrary notwithstanding; and thereupo~ c~r thereafter at the opt~on of sa:d MORTGAGEE, w~thout nonce w demand, suit at law w in equ~ty, therefore or therea(~er begun, may be prosecuted as if a!I moneys secured hereby n~d matured pr~w to d3 institution. 7, That in the event that at the beginning of or at any time pending any suit upo~ this Mortgage, or to foreclose it, or to refo~m i?, or to enforte paymenl of any claims hereunder, uid MORTGAGEE sha.l apply to the Court twving ryr~sdirnon thereof tor the appo~L~tment of a Receiver, such Court sha~l fcrthwi~h appoint a receiver of said mortgaged proFerty all and singular, indud~ng all and singular the income, profits, iswes and revenues from whatever se~r~e derived, each and every of which, it bri~g expressly unders~ood, is hereby mortgaged es if speuiica~ly set forth and described in the g~anti~g and h~bendum ctauses hereof, and such Rece~ver sha~l have all the broad and effective funcnans and powers in anywise entrusted by a Co~rt to a Receiver, and s_ch appointment shall be made by such Court as an ad~nirtrd eauity and a ma~te~ of absolute right to wid NIORTGAGEE, and wi~hout reference to the edequacy w i~adequacy of the value of the property mwtgaged or to the so~vency or insolvency of said MORTGAGOR o~ the defendaMS, a~d that such rrrns, profits, income, issues and revenues shail be apptied by such Receiver accord~ng to the lien or equity oi said MORiGAGEE arid the practice of such Cowt. 8. To du!y. promptly and fully perform, discharge, execute, eifect, cemptete, comply with and abide by each and every the stipulations, ag~eements, ccnditions an~ covenants in sa~d promissory note a~d this mortgage set iorth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORTGAGUR, the M~RTGAGEE, its successo~s and asa~yns, may, witho~t notice to the MORTGAOR, deai with such successor w succeswr in interest with reference to this ~~-o~tgage and the debt herEby secured in the same manner as wiih ldortgagor w;thou~ in any way vi~iating or d~scharging the Rllortgagors' liability hert ;;nder w upon the debt hereby secured. No sale of the Frem~ses hereby mortgaged and no forbearance on the pan of the MORTGAGEE o~ iis sutcessors or assig~s and no exte~s~on of rhe t~me ior the payment of the debt hereby secured g~ven by the MORTGAGEE or its successors or ass~gns, atiall operate ro release, d.scharge, modify change or aftect the ong~nal liab:iity oi the MORiGAGOR herein, either in whole or in psrt. 10. M is speufically aqreed that t~me is of the esse:~ce of this contract and that rso waiver of any obl~gat~on hereunder or of the obligation se- curd hereby shai9 at any time thereafter be hc!d to be a wa~ver of the terma hereof or of the instrument secured herby. 11. In add:tion to the forego ng month'y paym~n~s of Frinc pal and interest requ~red by the prom~ssory no!e secured hereby, mortgagor covenants ~~d agrees to pay to morrgagee v~~th each m.onth~y pay:,;ent an add~rional s~m est~n:ared by mortgagee to be eq~al to 1; 12 of the annual cost of the fo7low- ~ A-AN real property taxrz lev~ad or assesced agai•~st thc above descri~ed real estate. j B-Premiums on i~re and wir.dstocm ;nwrar.ce as i~ere~n requ red to be carried on the improveme~ts s~t4ate on the above d~scribed premises. 'I C-Prem~ums on s~ch mortgage guaranty ir.surar,ce as mortgagee shall from t:me to t~me deem fit to carry on the loan secured hereby. ~ Mortgagee sha~l frcm tlrr,e ro rime no+~fy mortg~gcr in wnt~ng of the amo~~t due and payabfe hereur.drr and such s~:n sha:l thzreupon be due and ;~~~ble on thr due date of the r.ext monthiy paym.ent and each successive month thereaiter ur~til mortgagee shall notify mortgagor of a change in such j ovnt. Su:h sums shail be app!ied 'oq mo~tgagee toward ihe payment of rea! property taxes, inwrance prem:ums, a~id mortgage guaranty insurance ~ : •emiums. € IN \'JtTNESS ifJHEREOF, aid M :GAGOR has hereunto set his hand and seai the day and year first aforesaid_ . ^ ~ S' , I liver ' the e nce of: ~ ~ ~ .f7~ Sesl) ~ _ ' (Seal) ~ i t ~ Seal) ~ (Seaq ~ S7tiTE OF FLORIDA ~$@di ~ ~ ~ (seal ) ~ :our,rv oF St . Lucie ~ Before me pe?so~ally appearedWllllas F. Sam son and Bonita G. San son his Nife and Ho~?ar W. ~ti .i~ ~ 5 071 dild ~ Z6I1 Sau~~son, h i s wi fe alld = SOri . p~~~saw, e, ro rrrK wel ~Cnown~a~ Tcr~ionwn to me to be ~he individua(s dexribed in artd who executed the foregoing instrument, and atknowledged befwe me that they exetuted the same for the purposes ~h<Te~~ expressed. And ,he said ~nita G. Saarpson,wife of the said William R. Saspsoa--a~ Helen D. S~~PSA$ or ,h~ ~~d ~~aYd W• Sau~pson and I=is Sampson,wife of the saidEmers~,, ~,~c~,a„ e.amination by me taieen separate and apart from her said husband, ackrawledged to and before me that she execufed said irtstrumenf.fr~j7':4~d volun- ~ ra.~ty and without any compu~sion, constraint, apprehens~on,~ r fear of or fram htr said husband. •~~~,N~; ~~~~1'iir~~~ i~.• • _ ~ June • ~ • a. b~~ ~ 73 ~ WITNE55 my hand and official seal ihis day of ' ~ i~~: ~ t /j , ~+ti' ;.4' yl~~ Notary Public in and for fbE'~t~T! o loriFla ~t laryl~ _ = My Commission e:pires: : - t ~ ~ . Retur~ To: : ~ ' = " First Federal Savings d~ loan Assoc~at~on ~Ag~L~~~~~~~~ ~~ABtLAR~E ~ Ot io~t P erce. 5;:?N _ S~ e' i. . Fort Pi_rte. Florida ~ KQ~,d~:~~w1 [yV ,!'`t'"JS - e ~ 1 ~1 1 Sci ~ _ :;t~ - • v • ~ " _ • This Instrument Prepared By J. Hal Robett S~ Jz . ~ First Federal Savings 8~ Loan Association F~~~p ~~1~ BECOa~f~ ' ~ of Fort Pierce ~ F lor ida ~T, LtfC1E GOtf1~Tr fu- ~ 1 ItOGER POtTlUS ~ Checked By ~ . ~pPp VER~ ~E4 c~RT ~ 25~76'70 aE 2 33 PN'~3 ~ '~tNi Z~ o ~ t ~ _ Eo~21~ t~~:2~~9 _ ~ ~ ~ - ~ ~ ~ : ~ x ~ ~~~~:~"6.~'..y y~s'_=~a. ~ y,A d. . _~~,~-y,~,. 9_.. . . ~ ~ ~ : --.~"r^.,~-~