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3. To place and ca+tin~oualY ke.P on th~ bui".dingi now or he.eafte~ ?~tuate on said land and on ali equip~nent ~nd personally covered by thf~ mortg~
sge, with all prtnt~ums thercon pa~d in full, fi~e insurance in the ~~ua! s~a~xlerd poticy (orm, in ~ ium app~ored by Ihe MQR~GAGEE, a~+d wind~torm
insur~nce in the usual standa~d pol~cy fam, in a aum app~oved by the MORTGAGEE, in such company..w companles +s tM MORTGAGEE ~+y ,
dhect; eod aU tiie and w~nd:rorm insurance policies on ~ny of sa~d build~~+gs, any interest tFx~ein w parl thereof, in tM aggrey~~e sum afwetaid a y
i~ excess thcreof. shall contai~ the usual standard morlgagee clause w such other clau~e as IM Alatg~gee may req~~r~, makinp the loss vndet sa~d Pcl}
cies, exh and eve+y, p+Yab~e to ta~d MI~RTGAGEE as ns in~erast may appes~, and eacA and eve~y such poilcy ihall be p~ompNY +is.9ned and delivered to
sny held by sa~d MORiGAGEE ss further secu?ity to said ntiorlpage debt, and. ~ot leu than ten l10) days in advance oi the axpiration of e+ch policy, to d~-
i:~.+r te uid MOQTGAGEE a renewal Ihereof, ~o9e~ha with a receipt fo~ the pre~n~um of iu:h renewal; and ~he?e sha~~ be ~+o f~re or winds~orm insur~nce - ~
plattd on any of said build7ngs, any iNerest there~n ot pa~1 thereoi, uniess ~n +ne ia~~n arwl wiih Itw tcu parabte as a~oresaid; ar.d ~hs sven~ any aum ~
of money becomes payable unde~ such poliq or pol~cies said MORTGAGEE shall have ~he optia? 1o receive and apply the tame on actounl oi the indebted~ ~ I
neis tecured F?ereby or ~o Permit sa~d MORTGACsORS ro receive and use it a any part thzreof for otner purposes, .vl~hout ~hzrto~ waw~ ~g o~ ~~nPa~~- , i
ing any eqv~ty, lien or right u~+de~ or by virtue of ~hii mo::g+ge; and i~ the event sa:d MORTGAGORS shall for any reaion fail to keep the sa~d premiies w i
iniured, or fail lo deii~..~ p~omptly any of said po~~cies of insurance to ~aid MORiGAGEE, w fa~l promptly to pay (ully any prem~um therefw o~ i~ a~y ?
respect iail ro pe~form, d~scha~ge, exec~te, eifet~, comp:ete, comply wi~h arn! ab~de by ~h~s covenant, w any part hrraof, said MORiGAGEE may place and E
pay fw such irou~ance w sny part thereof without waiving w affecsing any option, lien, equ~ty, or r7ght under or by virtue of this Mortgage, and tF+e ,
f~il amount of each and every such pay~nant shall be invnediatefy due and paYable and shall bear interest from the date the~eof until paid at the ~ate of ~
mne pe? tentum per annum and to~ethe~ ~nith w.h inrr~est shall tx sewred by ~he lten of th~s mortgago. !
1. To permit, commit or sut(e~ no waste, impairment a deteriorat~o~ of sa;d property w any part thcreof. ;
5. To pay all and sin~ular the costs, charges and exFxnses, incfud:ng a reasonabte attwney's fee ar+d costs of abstrads of title, incvrred o? p+id at ~
any time by said MOkTGAG:E, beta~se o~ ~n tht event oF the failure on the pa~t of ~he said MORTGAGOR to duly, promp~lY +nd fu~~Y Perfwm, d~xharge.
axecu~e, effeu, comp~ere, compty w~th and ab:de by each and every the it~pulano~~, agreements, condi~iau, and covenanrs of wid promissory note and ihis
nortgage any w ei~her, and sa~d tosts, charges and expenses, each and every, shall be immrdiately due and payable; whether w?rof ~here be notice dtr
mand, attempt to collecl or suit pending: and the fu11 amount oF each and every such paymem shall bea~ interesl from the dsta the?eol until paid ~1 the
~.~ie oi nine pe+ crntum per ~nnum; and ail said cua~s, cna:ges and ez~nses mcu:red or pald, Iogether w~th such inte~est, sAall b~ securad by the lien af thq .
morfgsge.
6. Ths~ (a) in the cvent of any breach of this Ybrtgage or default on the part of the MORTGAGOR, w(b) in the event a~y of sa~d sums of money
herein referred ~o be not p~anptly and fully paid wiihin !hirty (30) days neat after tf,e same severaSly become due and payable, without demand w notict,
cr 'c) in the evero eath and every ~he stipu~ations, agreements, condltions and covenunts of sa:d promissory note and this mwtgage any w eithe? ate nW
i.::v. oromodv a~d (ully performed, d scharged, executed, effeued, compteted, cc~npi~ed with and abided Sy, theo in e~ther or any suth event the sa~d ag
~ ~~:e~y, st,~~~ ~ an.~ ~.aY'
~-c~ate sum mentioned in said promissory note then rema~mng unpai0, witn ~meres~ actrvr~, e~ni ai: :::..:.e~i k.~:+::. .
ao e forthwith, or thereafter, at the option of sa~d A10RiGAGEE, as fu~i/ and cdnplrtcly as ii ail of the said sums of money were aiginally stipulated
to be p:+;d oo such day, anything in sa:u pron+;ssory note or in this hlortgagz to tha con~rary notw~~hstanding; and Ihereupon w therea}ter at t6e option of
s+~d M.ORTGAGEE, without not~ce or demand, su~t at law w in equity, therefore or thereahe~ begun, may be prosecuted as if all moneys secored hereby
t,d ma~ured p:~w fo ~ts institusion.
7_ Tfiai in the event that at tha ~e.7ir..::r.q o~ 3: arsy !:m° p°^d:^3 any s~:~t u~cn this Mo~toage, w to foreclose it, or to reform it, or fo enforce
::me~t uf any cla~ms hereund•~r, sald 1.,ORTGi-.v`_k she:t appty to the Court hav~~:g ;~~~sd:ci~on ~hereof for the appointment of a Receiver, such CouA shail
.vith a~puinl a receirer of s~~d mo•fgo~ed ;:ro,=:-r~ all ar.d si~zgular, inc~d.ng a1i and s~:,~u~ar the intome, profrts, issues and revenues hom whatever
.~-ce d~:~ved, each and every ot wh,i:~, ~t ~~~~:~a •_.pressiy unde:stuod, is 1:erecy n:ort~aged as if spetifically set fwth and despibed in the granling and
r,F,endum c'avses hereof, and s~ch Receiver shat+ ha:= al! the brcad and e~iec>ive fur.ct ons and powers in anywise enuusted by a Gourt to a Reteiver, and
; ch appointment shaN be made by svch Court as an ~dmi!vrd eqvity an~ a~T:atrar of absolute righl to said MORTGAGEE, and without referente to the
_~:equ;cy ur inadequacy of the va~ue of the proYe«y mortgoyed or to tn~ so.v_ncy or ~n:otvency of said MORiGAGOR w fhe defendants, and that suth
~a ,~s, proiits, income, issues and revenues shall be applied by such Recaiver accorci~n3 to the lien or equity of said MORTGAGEE and fhe'practice of such
~ourt.
8. To duly, promptly a~+d fuily perfo.m, d~sch~rge, exxute, effect, complete, co::~ply w:1h and abide by tach and every 1he stipvlations, agrcements,
co^:d~t~ens and covenanri ~n sa~d promissory rote and tfiis mortgage set fonh.
9. That in the eve^.t !he ownersh~p of the nwrtgaged prem~ses, o• any part tFereof, 6ecorr+es vested in a person other than the MORTGAGOR, fhe
: ORTGAGEE, its successcrs and ats~gns, may, w.~heut r.o~ice to rne ASORTGtiOR, deal with such successo~ or su:cessw in interest with reference to this
~gage an~l the d:br hereby secured ~n the same mar•ner as w~ih L!ortgagw withoW in a~y way vitiating or discharging the Nlortgagors' liability herr
_d~r or upon the deb~ h:reby seun_=d. No sa~e oi the pren~:~srs hrrNby mongaged and no forbearance on the part of the IAORTGAGEE or its succeswrs
c~ assigni and no rx~ens~on of fhe t~mr for ihe paymem of the debr h_reby secured 9iven by the MORTGAGEE or its successors or ass~gns, shall optrate
~o re!^ase, d~scharge, mod~ty charge or affect tne o~ig~nal Eia~ lrty of !ne MORSGAGOR he~ein, either in whole or in part.
10. It is spec ficalty agreed ~hat time ~s of the essence of this contract and that no waiver of any obtigation hereunder or of the obligaYw~ se-
cr.ed hareby shate at any time th:reafter be he'.d ro be a waiver of the !erms hereof or of the instrument secured herby.
I1. In ad~.Tdc, i!o m~ rorcgo n o~:c1, : N'v:n~n~s ot pnn: ~a~ and in•~~rest .equi:ed by ~he promissory no+e sec~red hereby, mortgagor covenanis
d agrecs ro,~ay !e rt:ortg~c_e v.i!h ea:h c•-~~: y p3j• .-:nt en add.~ional s~R~ ez! ~~.a!ed b~ mortgagee so be equal to 1,'12 0( the annual cost of ihe follow-
A-AiS tedl Htoper!y tar.eS ~e:~~d a• ass:•ss~~ci ~yi~•~s~ the above descn~cd real es~ate.
6--Pr~•:r.:u~r; on fire ana vrir,clst0'm inSU~~~ [e as 6r~ein r~•qu~+^d to be carried en the improvemeats situate on the above described premises_
I'I C-Pre~-~~u~• s on wch ~~:ortgjga gvaranty icsura-,ce as ma~tgagee shall fro^~ t rr:e eo tfine deem fit to carry on the loan secured hereby.
~ h5ortgngee sh., l'rc~» ~~:ne to time ~~et~fy mo~tgagcr rn writing of the amo:,nt dve and payable hereundrr and such sum shall thereupon be due and
~ ,,h!e on the d~~• ca+~ oi ~he ^rxt -:~onth:y pay:nenf and each successive mo~!h the.eaher u~~til mortgagee shall notify mor~gagor of a change in such
~ -;,r.t. Such sums sha.i he ap~~:~ad by morsgag>e tor.ard tne payment of real prope~ty taxes, insurance prem:ums, and rtwrtgage guaranty insutance
~ . r'~.iVr71s.
IN 4YITNESS '1'JHEREO~, the sa+d MORiGF.GOR has hereunto set his h3~:d and seal the day and ar first afwesaid. '
igned, Sealed and de~iver the presenc f: ~
~ a0
Bernie ames r~an
(5ea4
' ,rn~ //_~n_.~Gt~.t ~"'~l~ 4-u..~~($ea4
J exa n 1 la 1d10e 5
, ~ .
_ ~~E OF FLORIDA ~ ~
S5.
U'37Y OF Rt i_L~ l e _ 1
Before me pe~sonally aP~a~ed Bernie Thames •nd
Alexandria Thames his wife, ta me well known and known to me to be
individua!s described in and who ezecuted the foregoing instrument, end atknowledged before me that they executed the same for the purposes
rhe~ai~ expressed. And the :3+d-_ Alexandria Thames
:::~e of the :a~d - Bernie Thataes upon s separste snd privats
..,-*,~~atro~ by me taken separate and apart from her said husba~d, adcnowledged to a~ before me that she ezecuted said instrumeM freely and voluo-
and without any compu!sion, constraint, apprehens~on, w fear of w from her said husband.
Y111NES5 my hand and offic~al seal this_ da f M A. D. 1924-
~ Notary Public in and for t tate of f.~ida at large
My Commasion expires:
,
Return To: _~s •
rirst Federal Savings b loan Associat~on r,ECOaoEb
or Fo~f P,~:~~. f~E~~yL ~~~~xttt F~~• ~ ..~~',~~~~~uun~~,,~~~r;. -
Fort Pierce, Flcr~da 5~~ 1WG~ ` ' ~e'1/1~~S,~j • y,~ .g~ilr ~~i . -
`.V~lT VD ~ 1,~~,
CC~F Y~~;- E~ ' • ' ' _ "
; Rf.~ f7,1 ~ :~d i~ _
This Instrument Prepared ByGary F. Ell~r ~I `O 4a ~y ~ " c '
First Federal Savings 8 Loan Association ~ _ ~e
of Fort Pierce , Florida ~ ~'•~p~~:.y~.;~' ~
2,716 .:~:a;~•: ~c :
~ i. ~i<`- ~ , -
Checked By ~ y~/~j~ ~~OR1h~' ~ ~
~~~JXf3±lli1:~~ ~
~ .
~ ~ / P/s~E ~~~Gc~O ' , .
~ SI;
-~t- _
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