HomeMy WebLinkAbout2705 G ~ i
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- THIS ir:STRUMiNT CREPARED BY
;~2u3~s
Secv~ty Feder~l Sav~nss 8 lcw~ Aisouat~o~ M O R T G A G E
of Ind+an Rw~? CourMY '
S~ath Avenue and Twenty iusl Strett • ~ ~
ve.o Besch,Fla~da 32960 '
. . Loan No~_-427 ;
THE UNOERSIGt~ED, _ - - "
-----A08EAT-A.- ~ SCNR~IBER,--l~ s-w~ta--- - -
of FacL-_P~ette---- Countyof S~~__~~~- Stats of Florida, hereinafter
refer~ed to as the Mortgagor, does hereby mortgage and warrani to SECURITY FEDERAL SAVINGS AND
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a co~poration organized and existing under the
laws of the United ~tates of America, hereinafter re f?rred to as the Mortgagee, the following ~eal estate
~n the County of _S.L. LttGI~----- ~n the State of Florida, to wit:
Begin a* the Northeast corner of the North 375 feet of the South }
of the Northeast ~ of the SoutF~east ~ of Section 5, Township 36 South, `
Ran~g 40 East; turn and run West 1093.4 feet for Point of Begi~ning;
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fran said Point of Beginn[ng continue 41est 100 feet to a point, thence
turn and run South 162.5 feet to a point; thence turn and run East
100 feet to a point; thence run North 162.5 feet to the Point of Beginning;
said land also being described as Lot 16 of an unrecorded plat of
Daniels Subdivision lying in the North 375 feet of the South } of the
Northeast ~ of the Southeast ~ of Section 5, Township 36 South;
Range 40 East, St. Lucie County, Florida.
' ~ ~~yEp ~01~ ~ _ IN PAl1~ENT OF ?AXES
ouE on cuss ~c trn~.~tc~~E ~~r.~ P~tnr,
~ S~i~l~T t~~ r L U Fl 1 uA ~ur~ To cwwr~R z~~~:. ~cis oF i~i.
t~ ~ DOCUNENTA~?~'__STtaNP TAY. ROG_R PORRAS, Cle.k Grcu:t Court
' ? z = _ ; _ ~ as Ilgtat bt DAt11~1 N. KNOWL~ JR
; ~ = nECirSO _
~ ~ = • J` 2 0 2 5= ~ U. y st u~e co~u?t~r Tax conEda
H LfiT.OF f1.[fYE ~
~ HO1 tZ • ~
DEPUIY CLERK
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~ If a conveyance should be made by the mortgagors of the premises herein dexribed, or any part
~ thereof, wittiout the written consent of the Association, and without assumption in regular form of
` law t•y the grantee of the obligations to the Association created by said promissory note and this mort-
~ gage, then, and in that event, and at the option of the Association, and without notice, all sums of
~ money secured hereby shal! immediately and concu rrently with such conveyance become due and pay-
~ able and in default. The Association reserves the right to withhold consent to any wch conveyance
E and assumption until and unless satisfactory financial reports and other personal data required by the
~ Association are furnished to the Association by the party acquiring title to the premises, or any part
~ thereof. By giving its consent to such conveyance, the Association shall not be deemed to have released
the rr~rtgagor hereunde~ f~om any liability hereunder. The Association may deal with successors in in-
- terest with reference to this mortage and the debt hereby secured in the same manner as with the
~ mortgagors, and may forbear to sue or may extend time for payment of the debt, secured hereby, or
otF~erwise act without discharging or in any way affecting the liability ot the mortgago~s hereunder
or upon the debt hereby secured. The Association may also deal with the Mortgagors and/or with ~
~ successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
sve, extending the time for payment of the debt, providing for different monthly payments and/or a
~ different interest rate, and by other express modifications of the contract, without losing any priority
- the Association has over other mortgagees or lienors or holders of any junior interest in the property
secured hereby.
" Together with all buildings, improvements, fixtures or appurtenances now or hereatter eretted there-
on or placed therein, including all appa~atus, equipment, fixtures or articles, whether in single units or
centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter therein or thereon, including screens, window
t~ shades, storm doors and windows, floor coverings, streen doors, awnings, stoves and water heaters
- (all of which are intended to be and are hereby dec (ared to be a part of said real estate,,,whether physic- '
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ally attached thereto or not); and a{so together 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 hereafter to become due as provided in the Supplemental Agreement secured hereby. The
Mortgagee is hereby subrogated to the rights of all mortgages, lienholders and owners paid off by pro-
_ ceeds of the loan hereby secured 800K~c3 1 PACE~~O~
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