HomeMy WebLinkAbout1437 V'
Triii .•.STR. \:ENT PREVARE~ B~ - ,
c~Xde P_ P~accs__ - 219534
;e~,..~ty F~~~d~ s~,,:~e: a AsS:~~a~,.,~ M O R T C A G E
~r i~:s•~, a,.~. c~„~rv
S~.th A~enuc and T.~enty F,rst Street
~'c•~ 5c.s~h il~r~da 32960 4'Z~
• • Loan No. - -
3 i?
THE UNDERSIGNED, _._._._L . • . . . . . . . . . . . . . . . -
_ ROBERT__A. SLHBEI BEQ and PHY.LLIS~CHREIBER.~--h~~ _lN~.f~-_ .
,,f FQtS P i~CG~ County of Sa i n~_ Luc i e___ State of Florida, herei~afte~
-efc rred ro as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND
LOAN ASS~ClATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the
!a~vs of the Ur.ited ~tates of America, hereinafter re f~~rred to as the Mortgagee, the fotlowing real estate
the Counh of Sa i nt_Luc i e___ in the Siate of Fforida, to wit:
Lot One (1), Block 4, CARDINAL GLADES, a subdivision
as recorded in Plat Book 11, page 14, Public Records
of Sai~t Lucie County, Florida.
`j~-~ I t- LC~~iI_:r~
~ " LO~J?- ~ I ' . z ~ AXES
' - ~ IN PAYMEIfT dF T
~ ~ _ " = RECEIVE~ ~
. -1 ~ r. . - ~
= M„l..y 11 . - DUE Ot1 Cl1?SS 'C INTANGIBIE PER9DNAL PROPfR1Y
~ _ ` :`~.Y a~,~ 2 U 1 O= Pl:.':SC:ANT TO CWIPIER 20724~ ACTS Of 194L
N" ~~v9.`` c~:{..~~~~~ = F3G-R FOITRAS. Clert~ Circuit Cou~t
P. B. t i o t~ 2-=~~:i' - _
as Agent br DANIEL N. KNOWLES~ JR
St lucie Count~ Tax Cellector
~ C DEPUn q~RR ;
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~ If a conveyance shoul~i be made by the m~rtgagors of the premises herein described, or any part
~
thereof, w~t!,out the wriiten consent of the Association, and withaut assumption in reguiar form of
- la.v t-y the grantee of the obligations to the Association created by said promissory note and this mort-
; ga~e, then, and ~n that event, and at the option of the Association, and without notice, all sums of
{ money secured hereby shall immediately and concurrently with such conveyance become due and pay- i
~ able and in default. The Association reserves the right to withhold consent to any such conveyance i
~
~ an~ assumption until and unless satisfactory financia! reports and other personal data required by the
; Assoc~atien are furnished to the Association by the party acquiring title to the premises, or any part
~ thereot. By giving its consent to such conveyance, the Association shall not be deemed to have released
- the mortgagor hereunder from any fiability hereunder. The Association may dea{ with successors in in-
ter~st with reference to this mortage and the debt hereby secured in the same manner as with the
`s mortgagors, and may forbear to sue or may extend time tor payment of the debt, secured hereby, or
otl~erw~se aci w~thout discharging or in any way affecting the liability of the mortgagors hereunder
- or u~on the debt hereby secured. The Association may also deal with the Mortgagors and/or with
~ s~ccessors in interest with reference to this mortgage and the debt hereby secured by forbearing to
svc, extend~n; the time for payment of the debt, providing for different monthly payments and/or a i
~ difFerent interest rate, and by other express modifications of the contract, without losing any priority
^ the AssQCiation has over other mortgagees or lienors or holders of any junior interest in the property
= sec~~red hereby. -
~ Together with all bu~ldings, ~mprovements, fixtures or appurtenances now or hereafter erected there-
on or placed there~n, including all apparatus, eGuipment, fixtures or articles, whether in single units or
centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
- t~on or other services, ancl any other thing now or hereatter therein or thereon, including screens, window
= shades, siorm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of which are ~ntended to be and are hereby declared to be a part of said real estate whether physic-
~ atiy attached theretc or not); and als.~ togerher with all easements and the rents, issues and profits of ,
_ said premises which are hereby pledged, assigned, transferred and set over unto the Mortgagee, whether
now due or hereaf;er to become ciue as provided ~n the Supplemental Agreement ser_ured hereby. The
: Morsgagee is here5y subrogated to the rights of all morigages, lieOnh~olders and owners paid off by pro-
ceeds of the lear. hereby secured 600K~~7~ PACE1435