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Home My WebLink About0849 3. To place and ton~inuously keap on the 6u~'d~ngs now oi hereaft~r ~itua~e on said land ~nd on ~U equipment ~nd ptrsw~ally coverad by tAif mortp~ ep~, w~~h ~II premium• thrreon pa;d in full, iire insurencr in ~he ~~ual ~tandard polity (o.m, in • f~m ap~xoved by ihe MORTGAGEE, and winds~am insurance 3~ th~ ususl f~andard pol~cy to~~n, in ~ su~n aNpro.ed by ihe MORTGAGEE, in such company o~ companief as IM MORIGAGEE may d~rett; and aN fire end w~nJstorm inivrance pollcies on ~ny of ssid build~np~, any intsreN tha~ein or part thereof, in tAt ayqrey~t~ tum ~(oreiaid a in ~xcest tAerco(, shall contain the usvat standard mort a ee clause w iuch o~her clava ~i th~ Morl a es ma r f~' 9 9 9 9 Y Mwr~, m~?iny the lou unde~ sa~d polF cief, each and svery, payabte to said ,~10RiGAGEE as ~ts intereit may appru, uxJ each and every ~uch policy shall be promptly ass.yned ~nd dt~ivered ~o ~ •ny held by sa~d MORIGAGEE as funher security to aaid mortgafls debt, and, oot lesi than fen (10) days in •dvance of the txpiration of e~ch polity, to dr IivN b ssid MORTGAGEE • renewal Ihereof, 1o~eth~r with • rece~pt fw the premivm of ~uch renewal; and ther~ thall be no fi~e oi windstorm Insurant~ pl~ced on any of said buildings, any interett there~n a pert thereof, unles~ in tF?e fo~m and with tM loss payab~~ ~lwes~id; ~nd in the ev~~t •ny tum of money becomes payab~e unde~ such polecy or pol~cies uid MORiGAGEE shall havs ~he opt~on to rece+ve and apply ths same on accounl of tM indebted~ ness secured hereby w ro permit sa~d MORTGAGGRS to rece~va and uie it w any part thereof for other purpwes, w~~hout th.~eb~ waivi~~y or ~mpair- ' inp any equ~ty, lien or right under or by virtue of thi~ mor'flage; and in tM event said MORTGAGORS shall fw any reawn fail to keep the said premitet so inswed, or (ail ~o daliver p~omptly any of aaid pol;cies of insw~ncs to sa~d MORTGAGEE, w fail promptly ro pay fulty any premium therefor or in aay ' rosp~ct tail to perfam, dncharge, executs, eltecl, complete, comply with and ~bid~ by this tovenanl, o~ any part hereo{, taid MORTGAGEE may pl~t~ •nd pay fp such insura~te or •ny pert the.eof without wsiving er affectir+g any option, lian, equiry, o~ ~ighf under w by virtW of this MwfpsSys, and tht , r~ ~ t~t0 amoum of each sr~d svery such payment shatl be immediately due and payable and shall bear inte~est from the dat~ theraof ~n~il paid ~t tlu r~~e ol ' ' n~ne psr tenWm per annum and ~o~rtAer with such imeiest sha11 be srcured by the tien of this mortgage. To permil, tommit o~ sufEer no waste, impairmeni or deterioratio~ of said p~operty or any part thereof. 5. To p~y all and singular +he costs, cMrgea and expanses, including ~ ressonable a~ta~ey's fee and cos?s of abstracts of title, incurred or paid it any time by said MORTGAGfE, because u in the event of the fai~ure on the part of the said MORTGAGOR to duly, promplly ~nd fu~ly perform, d~uha~9~. rxecute, efFetl, complere, comoly w~th and ab:de by each and evc~y the stipulations, agreemenrs, conditions, and covenanrs o/ said p~om;ssory note and ihis mort9sps any or eithe~. •nd said costs. cMrges and expenses, esch and every, aMll be immedialely due and payabls: whether p not ther~ b~ notice de~ mand, atternpt to colled o? suit pend~ng; and the tull amount of esch and every such paymeM shall bea~ intereft from tM date the~eof u~ti1 p~id N fhe rate oi nine per centum per an~w:n; and all said cos~s, charges and capenus incurred w paid, toge~her wnh auch iMerest, shall be secu~ed by tha liee of this matyage. 6. That (a) in fhe event of any breach of this Mortgage or deFault on the part of the MORTGAGOR, w(b) in tM eve~f any of said sums of money herein ~eferred to be not promptly and fully paid wirhin thhty (30) days nex~ afte. Ihe same severetly Ixcome due ~nd p~yabte, withovt demand w notice, or (t) in the event each and every the ~tipuiarions, ag~aements, conditions artd coven~nta of sa•d promiswry note and th~s matpa9~ ~ny or either are no1 ~uly, promptly a~d fully performed, d.acharged, executed, eifectcd, completed, compt~ed with and abided by, then in s;ther w any such ev~nt tF?~ said a~ g~egate sum mentioned in said promisswy note then remaining unpaid, wi~h in~erest accrue~, and all moneys secured hereby, shall become dw and pay- eble torthwith, or thereafter, at the eption of s~id MORTGAGEE, as 1uIIy and comple~ely as i1 all of the said sums of money were w~ginally stipulatcd to be pa~d on such day, enything in sa.d p~om~ssory rote or in this Mortgage to the contrary notwithsta~diny; and thereupon w thereafter at the op~ion of sa]d MORTGAGEE, w~thout nonce a demand, suit at law w in equity, therefwe w tAe~eafter begun, may be prosecuted as if all money~ secured hereby 3 had matured pnw to ~ts institu:ion. 7. Tha~ in ~he event ~hat at ~he beginning of or at any t~me pend~ny any suit upoR this Mortgage, o~ to foreclose it, or to reform it, or fo enforc~ ~ payment of any daims hcreunde?, safd MORTGi~GEE shall appty to ~ne Court hav]ng ~unsd~c~ion thereot fw the sppointmeet of • Receiver, .such Cwr1 shall ~ Forlhvvith aFpoint a receiver of said mortgaged property all and singular, ir+clud~ng all and ainyular the income, prolits, issues and revenves from whateve~ i source da~ived, each and every of wh~ch, it being expressly unders~oocl, is herEby mortgaged ai if speci(itally set fwth and dewibed in the yr~Ming and } habendum clausea hereoi, and s~ch Receiver sh~ll have all ~he broad and eff~ct~ve lunct,ons and powers in anywise entrusted by • Court to a Receiver, and ! i;,ch appoinrment shall be made by such Cowt as an admitred rqu;ty and a ma~eer of absolu~e right to said MORTGAGfE, and without refererxe to the ~ edeqvacy a inadeq~acy of the valve of the property morfgayed or to the solvency o~ inso~vency o( said MORTGAGOR p the defendanti, snd that such renrs, prolits, income, isaues and revenues shall be appiied by s~ch Receiver accord~ng to the lien or equity of said MORTGAGEE and the practita of ivch ; CouA. ~ B. To duly, promptly and fully perform, discharge, e~cecute, effect, complete, comply with and abidt by each and every the stipvlations, agreeme~ts, conditions and covenants in sa~d promiasory note and this mongage set fwth. i 9. That in tF~e event the ow~ership of the mortgaged prem:ses, or eny part thereof, becomes vested in s pawn other than the MORTGAGOR, the !NORiGAGEE, its ~uccessws and assigns, may, witheu? natice fo the MORTGAOR, de~l with such successw w successor in interest with referente to this mcrtgage and the debt hereby secured in the sarr.e manner as with Mortg~gor without in any way vifiatiny or d~scharginp tM Mo?tyagors' Iiability hera under or upon the debt hereby secured. No sa:e of tt~e prem~ses hereby mortgaged and no forbearance on the part of the MORTGAGEE or iq tuccessors + or assigns and no exrension o( the time fw the payment of the debt hereby secured 9iven by the MORTGAGEE or its successors or auigns, shal) operats ro release, d:xharge, mod~fy change a affect the or;gina{ liabil:ty of the MORTGAGOR herein, either in whole w in p~rt. 10_ It is spedficalty agreed tha~ time is of the essence of this contract and that no waiver of any obligation hereu~r or of ths obligation se- cured hereby shsl~ at any time thereafter be he!d to be a waiver of the terma hereof w of the instrument secured herby. 11. In addaiua to the foreg~ ~~g momhty payments of p:inc pai and ~nterest requ~red by the promissory note secured hereby, mortgagor covenaets ' and agrees ro pay to mortgagee with each monthly payr~ent an add,~~onal sum est~mated by mort~agee to be eq~sl to 1/12 of the an~val cosl of the follow- i rty: A-All ~eal property taxes Ie•.~ed or asseasea agsi~st rh~ above described real estate. I'~ B-Prem~uma on f.re ar.d winostorm iasurar.te as herein requ~red ro be carried on Ihe improvements situate on the sbove desvibed premiset. C-Premwms on such morigage guaranty ~r,suracce as mo~tga~,ee shall frcm i~me to time deem fit to Garry on the loan secured hereby. ; Mortgagee sha!i f.om r~~ne to nme nct~fy mortgagor wnt~ng of the amovet due and payable hereunder and such sum shall thereupon be due and I F~vable on the dve da!e of rhe n~xt monthly payment and each successive month thereafter ur,tit mortgagee shall notify mortgagor of a chsnge in such ~ a^~ovro. Such sums shail be apF.Efrd by marrgagee to•xard the payment oi real property taxes, insuranc~ prem:ums, and motigage guaranty insurance p: emiums. ~ IN Y~ITNESS YlHEREOF, rhe sa~d MORTGAGOk has hereunto set his hand and scal !he day and first aforosaid. ~ Signed, Sealed and delivered in the presence of: ' ~~LF~i A~~ f:LV~rffS7E~ • ~a,/ ~ - ST tt;C~:E Coc:+~i~ FL~. . Bernie Thames kG;~"r =~i '~TdS ~ n E C~= FK ;9JRT ' a z- /'~-4~ / ~.F~ti?.•-F e~ E - ~ ' ' ' ~xan~ria ames n j - - rc.,q ~ STATE Of fIORIDA - ~ ~ y 18 ~ ~7& 3~(~~ `1 ~ ~ ~ V COUNTY OF $t • Ll1C le ~ ~ Befcre me personatly appeared Bernie rhames ~ Alexandria Thames his wife, to me well known and known to me to be ~ the individuals described in ar~d who executed the foregaing instrumcnt, and acknowledged before me that they executed tha same for the purposes ~herein expressed. And the s~;d__ Alexandria Thames ~ wife of the said - Ser711P ThaIDPc ~pon a separate ind priv~t~ ~ exam~nafion by me taken separate ard apart from her said husband, ecknowledged to and before me that she executed ssid instrument freely and voluo- ~ rarity and w~thout any computsron, corstraint, apprehens~on, or tear of w from her said husband. z ~fVITt1ESS ny hand ana offic;al feal th:s__ Q 3'"~~ day of -7uly A D. 191[t_ : ' ~!-~-~c_-f~c~---~ . 4 _ J ~ ' Pfotary Public in a~d for the State f Fbrida at l~rye My Commission expird: Refum To: : C - ~ ° ~ 7~. i firsf federa) $avings 6 loan Assuciat:on - O~ Furt Perc~~. - . S fott Pi~rce. Flonda 5 ~ • ; ' This Instrument Prepared By J. H. Roberts Jr. ~ ' _ First Federal Savings 8 Loan Association . e` of Fort Pierce ~ Florida 33450 • , . } Checked By p:~t _ , ~ ~ cl z ~ ~ 4 ; . . ~ . . . .,_"t~.`3Y ~y 5 - v ~ ~~m~'tG ..+.~~•i~Sx. r_ . ___v~._ .2 . _ .i_~ . ...~..c._.~%