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To place •nd conti~uovsly keep on the bui:d~ng~ now or herea(ter ~~tuate on eaid land and on ~11 equipment ~nd pertonaity covered by this mortg •g~, with •II premiums thareon pa~d i~ (ull, fire insurance in the uiual a?inda~d polity form, in • sum ap{xor~d by ~he MORTGAGEE, and windslorm ~n~u~ance i~ the usual s~anda~d pol~ty fwm, in a sum app~ovad by ?he MORTGAGEE, in such company w cornpa~ies u tAe MORiGAGEE may d~rect: ~nd all (ire and w~~ditorm in~u~enca policiet w? +ny of ssid buildmfl~, any inlertst ther~in w pan fhaeol, in th~ ~ygrcgate t~m ~fweiaid w In ~xcei~ ehcreof, ~hall coa~ain ~bs uiwl sta~~dard matgages clauae w such orhe. cl~uss si ths Matpage~ may ~equue. maMin~ loss under s~~d potF cias, e~ch and every, payab~e to said MORiGAGEE ~s it~ in~erest may +ppsa, and each snd every such pol~cy ~hall be promptty ~is.9~ed ar.d detive~ed to any held 6y said MORiGAGEE ai (urrher security to sa~d mort9ays debt, and, not lefs tMn len (l0) day~ in advance of the expiraiion of each policy, to d~- I~ver to said MORTGAGEE e ~enewal therwf, togetha wi~h a rec~~pt for tM p~sm~um o( :uch rcnewal; and ~here sM~l b~ ra f~re or winds?orm insur~nce p~~t~d o~ ~ny of said build~ngs, ~ny inrerest therei~ or parl thereof, unlest in tF» (orm and with th~ lou payabl~ a? aforesaid; ~nd in tM evenl ~ny sum of mpnsy betomcs payabte undrr ~uch policy w policies said MORiGAGEE shall havs ~M option to recaive a+x! apply Ihe same on accouro of tM indebted- neq sec~r~d hereby w 1o petmit said MORTGAGORS fo receive and us! il ot any pa~t thereof for othet purpases, ~vithout ~h_no~ wai.in3 or i~~~poir- ~~g any epuiry, li~n or ~~ght ur~der or by vtrtve o! this morsgigs; ~~d in tM ~ven~ ia~d MORTGAGORS shall for ~ny reason fail to keep the said premisrs so iniured, w f~il to deliver p.ompNy ~ny of uid pot;cies of insurance to sa~d MORTGAGEE, or fail promptly to pay futly any pre~nium ~he~efor o. in ~ny re~pect isil b perfam, dixharge, execute, effect, tomp?ete, compty with and abK4 by thi~ tove~+ant, a any par~ hersof, w~d MORiGAGEE may plsce •nd paY fw such ir?turance w ~ny part thercof withoul waivin~ or ~ffectir?g any option, lien, equity, a right under w by virtue of this Mortgage. ~~d thc fu11 amouet of each a~d every such payrrKnl ~hatt be ~mmediatety dw and p~yable and shait bear interes~ from the dare thueof unei{ paid at tM rer~ ol nine per centum per annum irxl toge?hP~ with such interest sha~i be secured by the lien of ~h~s matpaga. To permit, commit or wffer no waste, Impairrrknt w deterioration of said property w any pa~1 thereof. S. ?o pay all and s~ngulsr the costs, cMrgcs and expenses, including a reasonable a~twney's fee and cos~• of abstracts of titte, incurred or paid at eny time by u~d MORTGAGEE, because a in the ever~t of ths failure on the part of Ihe said MORTGAGOk to duly, promp~ly and fully perform, diicharge. execute, elfect, complets, comply with and abide by each and every the stipulat~ona, agreemenb, condi?ia,s, snd covenann of said promiasory note and thi~ mongsge any a ei~her, a~d sa;d co~ts, ch~rge~ and expenses, each and evay, shall be immediately dve and payabk; whether a not rhe.e be notice d~ mand, attempt to cotlecf w suit psnding; and the fuN amount of each and every suth paymeM shall bea. interes~ from 11~e date thereof until paid at the rare of nine ptr cent~m per annum; arw' all uid costs, charges and expens~s incurred a paid, together wdh such interest, ~hall be setured by the lien of Ihi~ mortyape. 6. ihat (s) in the event of any breach of this Nbrtgage or default on tM par? of the MORTGAGOR, or (b) in the event any of satd tums of money he~ein ref~rred to be not promptly ~nd tully p~id within thi~ty (30) days next aifer the same severally become due and payable, withoul demand or notice, or (c) in the event each and every the stipulations, agreements, cond~tions and covenanta of sa:r! promissory note and th~s mwrgage any w either are ~01 iuly, promptly and fvlly perfcxmed, d~stharged, executed, effected, comp{eted, compGed wnh a~d abided ~iy, then in ei~F~ w any such event ths aa~d ag- gregate sum mentioned in said p~an~ssory noie then remaining unpaid, with interest acuued, and a~l moneys secured hereby, shatl become due and pay~ ab:e forthwith, w thereairer, at the option of said MORTGAGEE, as fully and compte~ely aa if all of the wid sums of money were or~ginally st~pulated to be paid on such day, anyfhing in sa~d promissory note w in this Mortgage to ~he contrary notwithstanding; and thereupon w thereaitea at the op+~on of said MORTGAGEE, without ootice w demand, suit at law o? in equity, there(ore or tlxr~afrer begun, may be p~osetuted as if sU moneys secured hereby - had malured pnpr to its institution. 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to fweclou it, w to refwm it, or to tnfores payment of sny claims hereunder, said MORTGAGEE sMll apply to the Gourt having jur~sd~ction thereof ior the appo~ntmene of a Rece+rer, such tourf shall forrhwith appoint a receiver of said mortgaged property al1 and s~ngular, inclvd~ng aIl and singvlar the income, prof~fs, iasues and revenves from whateve~ source der;ved, each snd evc~y of which, it being expressly unders~ood, ~s he~eby mo~tgaged as if spec:ficaily set fath and destribed in tht gran~ing and habendum ctauses hereof, and such Receiver shall have aN the broad and effective funchons and powers in anywise entrusted by s Court to a Receiver, and s~ch appointment :hall be made by such Court as an admined equity and a matter of absolute right to sa~d MORTGAGEE, and wi~hout reference to the edequacy a i~adequacy of the value of the property mwtgaged w to the so~vency w insolve~cy of said NWRIGAGOR os the deiendanrs, and ~haf such ~enrs, profin, income, iuves and revenuea sMll be appiied by such Receiver according to the lie~ or egvity of aaid MORTGAGEE and the pradice of such CouA. > 8. To duly, promptly and fufly perform, d~scharge, execute, efFect, complete, comply with and abide by each and every the stipularions, agreements, conditions and covertanrs in sa~d p?omissory note and th~s mortgage set fath. , 9. Thst in the event the ownership of the mortgaged premixs, or any part thereof, becomes vested in a perion other tha~ the MORTGAGOR, the h10RTGAGEE, its succeuors and assigns, may, withouf no~ice to the MORTGAOR, deal with such successor a successor in interest with reie~ertce to this mortgage and the deb~ hereby secured in the same manne~ as with Moitgagor witFqut in any way viliating or d~xhargirg the Mortgagors' liability he?r under u ~pon the debt hereby ucured. No sale of the premises hereby mortgaged and ~o (orbearance on the parl of the MORTGAGEE or ita sutceuws or a:signs and no extension of the time fw the payment of the debt hereby secured given by rhe MORIGAGEE or its successors or au;gns, ahall ope~ate ro release, d~uharge, rtwclify thange or affect the original liability of the MORTGAGOR herein, either in whole or in psrt. 10. It is speufically agreed that time is of the essence of this contract and that no w~iver of any obl'~gation hereunde~ or of the oblgation sr c~red hereby shall at any time thereafter be held to be a waiver of tFx terms hereof a of the ir~strument secured herby. I1. In addAio~ to the forego'ng moothly payments of princ'pal and interesr required by the prom)ssory note secured hereby, mortgagar covenants and agrees to pay to mo:tgagee with each monthly payrnent an add~~ional sum estimated by mortgagee to be equal to 1/ 12 oi the anr,ual cost of the follow- ing: A-All real property ta:es kvied or assessed against the above dex?ibed rea! estate. 8-Premiums on fire and wir.dstorm insurar.ce a~ herein requ;red to be carried on Ihe improvemelts situate on the above described p~emises. C-Premiums on such mwtgage guaranty insu~ar~ce as mwtgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee sha~l from time to time notify mortgagor in writing of the amount due and payable hereunder and suth sum shall therevpon be due and Fayabte on the due date of ~he next monthty payrnent and each successive month the?eafter ur,til morfgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, aiid mortgage guaranty insurance premiums. IN WITNESS YtiHEREOf, the said MORTGAGOR has hereunfo set h;s hand and seal the day and year first aforesaid. ned, Sealed and delivered in the preserice of: ` - ~ ~ (Seaq an - ~`+n SiATE OF FLORIDA couNTr oF St . Luc ie ~ Before me personally appeared Willia,~ F. Sa son and Bonita G. Saa son his wife and Naw rd W. f Sa~psan and Helen D. Sampson, his wffe ard aerson . ~D~ ~g fi~s dviie~tno m~well krziow .nd known~f~ rr~td be ~ rhe individvsls dexribed in and who executed the foregoing instrument, and acknowledged before me that the exccuted the ssme fw the purposes ~ tFerein ~x ~a. a,a :a~ Bonita G. Sas son wite ot the ssid Williaa Sa,s son and Helen D. S~s~~ n~. h id Ha~rard W. , E Sa son and Iris T S~, son wif,~ ;~„a ~ ~xso Nxaminat~on by me taken separate and apart lrom}hdr said husbandsacknowledged to a~d before me thati execvt ~ ' rar~l and without an com uhan, constraint, a rehension, or fear of or f ~ ~~~~^~M~~eely and volurr i Y Y P PP rom'~+Ar said husbands ~ WITNE55 my hand a~d official seal this 8th day of A~9u8t ~-j_~ ~„~,(J1~~iA, ~S ;T_' ~ _ ^ Notary Public in and to? tFie° •of~Flori~a it%larpi 3 ` _ . . ; My Commiuion expir~ ~ ~ : ~ Return To: - ~_j~-' / , ti1} :•'7 = . first Federal Savings a loan Association ~d~ry ?~ric, S~~N " J ~ O! forf P~erce. - - ~ - ` JI,1r ConunisrM E~c}~r~s ~~:70. 1l7~ ~ ~ Fort Pierce. Horida b~d ~ qnwrkon rN ' _ • ' ~~r,.ri.r.~~.~.. . ~ ~ f ' ~ f~V1/V~`~ ~ This Instrument Prepared By J• H• ~~YtS~ Jr. , F1~EO ~r., F.E~ostUEO First Federal Savings 8~ loan Association sT.~~~t~ ~;c;ttNfY flA, of Fort Pierce , Florida? pp;i~: ~~~IfRAS ; ~p ~t~*K ~;~~:JIT COURT t Checked By F1..1~ oc~~c ,~r • _0.....-- ' ~ ~ ~ ~ ~sPM'73 ~ OR~ ~ sb $O.~i?( ~ ( v~~r ~ ~•.~i! . _ - - . . ~ . w n;V.~