HomeMy WebLinkAbout0273 THIi :\STR'.'~tENT PREPARED BY
C l y_d e P. P. l a~ t s--__ ~8~3~
iecur~ty fcd.ra~ Sav:nQs a ~ss«,a~,~~ M p R T G A G E
01 Ind~an Rrvrr Counfy
~~¦th Ave~.x ~nd Thenty Fu~t Strtet O
vero Bexh, Fta~da 32960 LQ~n NO.. Ci~p _ _
7HE UNDERSIGNED, . _ ~ ~ . .,.~.s._ ~ . . .
ROBERT__ A. _ SCHRE I BER_and _?HYL~ I S S~HRE I~E~• h i.~ wi f~__. _
af Fort. Pierce__ _.,____~Gamtyof~_ Saint_ Luc_ie _ , State of Florida, hereinahe~
-efcrred to as the Mortgagor, does he~eby mortgage and war~ant to SECURITY FEDERAL SNVINGS AND
LQAN ASSJClATION OF INDIAN RIVER COUNTY, a corpwatio~ organized and existing unde~ the
laws of the United States of America, hereinafter re fer~ed b as the Mo~tgagee, the following ~eal estate
~n the County of _Sa i nt Luc i e the State of Florida, to wit:
i
e
Lot Th i rty-E i ght (3$) , B1 ock BA, WEST END ; s; ~t'
ADDITION, a subdivision, per Plat Book 2,
Page 56 of the Public Records of Saint lucie ~
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County, Florida. ~
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v ~N P1~NE~tT Cf tll~t~~ ~
p!r~~~•C~ 3:'•- ~ ~ - ~ P"0"ERiY. #
p !;t11°S 'C' INTA.I..IBIE E2SCt~l1L
Pl 1~: J CtWPT.R 2072a. AC1S UF 19S1. ~
r~~~ ~ i:l'.i1.S. Gle~k Greuit Coutt
as Agect fo~ C~.NIEI N. Kr10WlES, !R '
St lucie Courh T~ ~1~
7i'c C~ ~l~`~~ ~
' L ~ I I ~ ~ L l.1 ~r-~ ~ ~l : ~ S ~ ~P~1iY CLE~
E ~ ,CJ;~ : ;:i.i"-`' i.1P•i;~ TC.
V ~ ~ X
` ~ - ItCY12'71 ~ ` - - _ 1 S ~
` ~ ° = . .~'~2025~ `
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N bE?i.4f [i~f:.64~~ _
~a. ~90~ ~t -
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' If a conveyance should be made by the m~rtgagors of the premises herein described, or any part
3 there~f, wit`~out the written consent of the Associatio~, and without asswnption in ~egular form of
~ law hy the grantee of the obligations to the Association created by said promissory note and ihis mort-
' gage, then, and in that event, and at the aption of the Association, and without notice, all sums of
~ money secured hereby shall immediately and concurrently with stxh conveyante betorr~e due and pay-
~ able and default. The Associatio~ reserves the right to withhold conser?t to any such conveyance
and assumption untii and unless satisfactory financial reports and other persor~al data required by the
Assoc~at~on are fumished to the Association by the party acquiring title to the premises, or a~y part
~ thFreof. By giving its consent to ~uch co~veyance, t he /1ss~ciatio~ shall ~ot be deemed to have released
the mortgagor hereunder from any liability hereu~der. The Assotiation may dea) with sutcessors in in-
- terest w~th reference to this mortage and the debt hereby secured i~ the same manner as with the
mortgagors, and may forbear to sue or may extend time for payment of ihe debt, secured hereby, o~
` oN~erw~se act w~thout discharging or i~ any way affecting the liability of the mortgagors hereunder '
or upon the debt hereby secured. The Association may also deal with the Mortgagors and/or with
=4 successors in ~r?terest with reference to this mortgage and the debt hereby xcured by forbearing to
suc, extend~nb the time fo~ payment of the debt, providing for differe~t monthly payments and/or a
_ d+fferent interest rate, and by other express modificat~ons of the cont~act, without bsing any prioriry
the Associatio~ has over other mortgagees or lieno?s or holders of any junior interest in the property
s~u•Pd hereby.
-`F Together w~th all bu~ld~ngs, ~mprovements, fixtures or appurtenances now or hereafiter erected there-
on or placed there~n, including all apparatus, equipment, fixtures or artitles, wt~thef in sing#e units or
centrally controlled, used to supply heai, gas, air conditioning, water, light, power, refrigeration, ventila-
- t~on or other services, and any other thing now cr ~es~afte? therein or thereon, including sc~eens, window
~ shades. storm doors and windows, floor coverings, scree~ doors, awnings, staves and water heaters
(all of which are mtended to be and are here5y declared to be a part of said real estate whether physic-
- ally attached thereto or not3; and also together with all easements and the rents, issues and profits of
said premises wf,ich are hereby pled~ec~, assigned, transferred and set ave~ unto the Mortgagee, whether
- now due or hereafter to become due as provided in the Supplemental Agreement setured hereby. The
= Mortgagee is hereby subrogated to the rights of all mortgages, lienholders and owners paid off by pro-
: ceeds of the lear: t~ereb sec~red ri
_s Y EL~K ~c~~ PACE _
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