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Home My WebLink About1549 ~ 4 THIS t'.STR'_A1ENT PR:PARE~ 8Y i~-+ Supplementai to Loa~ ~236 - ~ -.~_.P 1_~.L~ z.ti,,,,rY c~„~ s,,,:, ~ a M O R T C A G E ' ~f In;s»n F~Yr. Co-~nly S~~th Av~nuC ,rsy T:,znry iutit SNeet Vc•a B~a:h. i1or~Ja 32960 Loan No-- - _ - - THE UNDERSIGNED, - - - - - _ ~ _ 6ERH 1 E_ THAMES_and_ALtXANDR_I_A, TMAMES,_ h i s_wi fe__ _ ~f Fort Pierce__. Countyof____St. Luci_e_ , State of Florida, here':nafter refcrred to as the Mortgagor, does hereby mortgage and .~arrant:to SECURITY FEDERAL SAVINGS AND LOAN ASS~CIATION OF II~DIAN RIVER COUNTY, a corporation organized and existing uncier the laws of the United ~tates af America, hereinafter re f~~r~ed to as the Mortgagee, t~:e following real estate ~n the County cF ~L._-Ll1zi~~ - in the State of Florida, to wit: Lot Twenty One (21) and the South One-Nalf (s#) of !ot Twenty Two (22) of Block 8, of the SILVER IAKE PARK ADD1710N, as per plat thereof on file in Plat 6ook 10, at page 8, of the Public Records of St. lucie County, Florida.~. EXCEPTING THEREFROM, Easements for Telephone and Telegraph Lines and Electric Transmission and Distrubuti~n Lines. This is a second mortgage and is subject and inferior to that certain mortgage made by Bernie 7hames and Alexandria Thames, his wife, in Favor of Security Federal Savings and Loan Association of Indian River County, dated April 22, 1971 and recorded in Official Records Book 191, page 2866 Public Records of St. Lucie County, Florida. Any default in said first mortgage shail automatically constitute a default under this mortgage. A'i" ~t,..OR1 A1 tDA ~ n~ o~o u~M~N_~wRY ss~,?~P sa x 1 ta?~ ~ in ~?~,a~r oF ~s i cy ~ DE~1.Oi RE1fE11YE " ~ ~ S•C IN:a.R'61B'_E PE~uT.AI P40?ERi1f. ; Q l~:5 i~~. S 51 ~ to ~?.p~-~ J~-13A. RCiS OF 1971. ! ° - ~"o: _________1 .r,oc~t Po~r~s o- ~p1~C[~ ST. tlIC1E 00, M. i !f a conveyance shoul~t be made by the m~rtgagors of the premises herein described, or any part thereof, wit!~out the written consent of the Association, ar~d without assumption in regular form ot ! ta.v h~ ~he grantee of the obligat+nns to the Association created by said promis~ry note and this mort- ; gage, then, and ~n that event, and at the option of the Association, and without notice, all sums of j money secured hereby shall immediately and concurrentty with such conveyance become due and pay- ~ able and in default_ The Association reserves the right to withhold consent to any such conveyance i a?~d assumption until ard unless ~atisfactory financial reports and ather personal rlata required by the ~ Association are furnished to the Associat:on by the party acquiring title to the premises, or any part j thereof. By g~vi~g its consent to such conveyance, the Association shall not be deemed to have released ~ the mortgago~ hereunder from any liability hereunder. The Associat;on may deal with successors in +n- ! ter~sc with reference to th~s moriage and the debt hereby secured in the same manner as with the ! morfgagors, and may forbear to sue or may extend time fo~ payment of thQ debr, secured hereby, or otl;~rwise ac~ without discharging or in any way affecting the liabiiity of the mortgago-s hereunder or upon the debt hereby secured. The Association may also deal with ihe Mortgagors and/or witn successors in ~nterest with reference to this mo.tgage and tF~e debt hereby secured by forbearing to sve, exte~din ; the time for payment cf tfie debt, providing for different monthly payments and/er a dif ferent interest rate, and by other expres5 mod's fications of ihe contraCt, without losing any priority the Association has over osher mortgagees or lienors or holders of any junior interest i~ the property secured herebv. Tcgethe~ with ait Suifding~, improvements, fixtures or appurtenarces novti- or hereaiter erecied there- i on or placec± there+n, inctuding all apparatus, eGuipment, tixtures or artitles, whether in s+ngle units or cenirally cont~olled, used to supply heai, gas, air conditioning, water, light, power, refrige~ation, ventila- tion or other services, and any other thi~g novv or hereafter iherein or there~n, including sc~eAns, window~ shades, storm doors and windows, floor coverin~s, screen doors, awnings, stoves and ~vater heaters ! (atl of which are intended so be and are here5y declared to be a part of sa+d real estate whether physic- ally attached thereto or not); and als~ together with all eascments a~d the rents, issues a~d profits cf ~aid premises which are hereby pledged, assigned, t~ansferred and set ove~ unto rhe Mcrtgagee, whett~er now due or h<reaf,er to ~ecome due as p~uvided in the Supplemental Agreement ser_ured hereoy. The ivlortgagee is here5y subrogated to the rights o~ atl mortgages, iienhol~e~s d owners paid off by pro- ceeds of the !car. hereby secur~d `.~,~t.~~~ J'~ ~ _ ~ , - - _ ~ . . ~ _ ~ _ z _ _ - . ' _ ~ ~ _ -