The URL can be used to link to this page

Home My WebLink About2857 ~~'74 ~ ~ TNIS +1STR~_~AfFN7 PREPAREO BY ' _ Clyde P._Platts Secwrty Fcde~al Sav+ngs 6 Loan Assx~ahe^ M O R T C l1 C E of Ind~an Rrver County S~rth Avenue and Twenty Frst Shcet ~ ~ ~ Vero Bea-h Florids 3296Q ED t•~ . - ~ ~ ' LoanNo._ --48--------- THE UNDERSIGNED, - - R08ERT A._ SCHRE I BER and PHYIL I S M. _ SCHRE I BER~ h i s,w i f e ~ ot Ft, Pie~ce • ' - t County of_ S_~, Luc i e__ State of Florida, hereinaker ~ ~efcrred to as the Mortgagor, dces he~eby mortgage and ~varrant to SECURtTY FEDERAL SAVINGS AND ' LOAI~! ASSOCIATfON OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter re farred to as the Mortgagee, the following real estate the Counh~ of St ~~uC i~_____ ~n the State of Florida, to wit: Lot Five (5), Block Six (b), CARDINAL GLADES, according to the plat thereof, as recorded in Plat Book 11, page 14, Public Records of St. Lucie County, Florida.'~ t ~ STAT~ GF HLURIUA c~ DOCUMEN7Ap~~ STnMP TA X . ~ = F- _ _ '....~,,,4 - ~ = fEB25"it ` ` = q - - ~ 2IOO= -~l 4[Pt.M QLtiCJE ' P.B~.~vo~~x - - _ ~ tN PAY~IENT OF TAXFS DUE 011 CULSS C 11(iAN6lBLE PERSQNAI Pi10?E~r1', % PUR5IJANT TO CHAPTER 71-134, ACTS aF 1971. Jh~ `1 - RORER POITRAS~ Getk Ci?w!t CouR St. luae Co_ fia. ~ c~ ~ ~ If a conveyance shoul~i be made by the m~rtgagors of the premises herein described, or any part thereof, wittiout fhe written consent of the Association, and without assumption in regular form of law t-y the grantee of the obiigations to the Association created by said promissory nofie and this mort- t gage, then, and in 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- able and in de4ault. The Association reserves ihe right to withhold consent to any such conveyance ar~d assumption until and unless satisfactory financia~ reports and ot{ier personal data required by the Assoc~at~on are fur?~ished to the Association by the party acquiring t+tle to the premises, or any part thereat. 8y g+ving its consent to such conveyance, the Association shall not be deemed to have released the mertgagor hereunder from any liability 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 mortgagors, and may forbear to sue or may extend time for payment of the debt, secured hereby, or otF;erw~se act without discharging or in any way affecting the liability of the mortgagors hereunder or u~n the debt herEby secured. The Association may also deal wit~ the Mortgagors and/or with successors in interest with reference to this mortgage and the debt hereby secured by forbearing to sue, extendin~ the time for payment of the debt, provid~ng for different monthly pay?nents and/or a difFerent in~eresr rate, and by other express modifications of the contract, without losing any prioriry the Association has over other mortgagees or lienors or holders of any junior inte~est in the property ~ secured hereby. ~ i Together with all buildings, improveme~ts, fixtures or appurtenances now or hereaiter erected there- on or placed there+n, including al! apparatus, 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 serv~ces, and any ather thing now or hereafter therein or the~eon, including screens, windo~.~ shades, storm doors and window;, floor coverings, SCreen doors, awnings, stoves and water heaters (all of which are intended to be and are hereby dec lared to be a part of said real estate whether physic- ally attached theretc or not); and also togerher with all easements and the rents, issues and profits of ~ said premises which are hereby pledged, assig~ed, transferred and set ove.- unto the Mortgagee, whether now due or hereaf;er tc become due as provided in the Suppiemental Agreement secured hereby. The M~rt~agee is here5y subrogated to the ~ights of all mortgages, lienholders and owners paid oft by pro- ceeds of the tear. hereby secured 0 R s~~~ 199 F~~ _ _ : - :