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HomeMy WebLinkAbout1491 r ' THIS ~•~STR'.iAtENT PREPAREO 8Y ~~V~[i__r ~a.~~_____, Sccuny Fede~al Savines 6 Loan Assouanon ~ o+ ~^a,~^ R~~H c«,~tY M O R T G A G E S~xth Avenue and TwMty Finf Strett C^'• ~ Vcro Besch. fla~da 32960 Lpan NO._ _~V~~___ THE UNOFRSIGNFD. - ' 1SAI_AH LUCAS and HELEN M. LU~AS~_his w~fe - of Ft. _ P I~r~€.____ County of-~t~_LuG_i.~___ State of Ftorida, hereinafter refer~ed to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND l.OAN ASSJCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of Ame~ica, hereinafter ~e f?rred to as the Mortgagee, the following real estate ~n the County of_ St. _LuC i e in the State of Florida, to wit: Lots Nlne {9) and Ten (10), Block Ten (10), SOUTHERN PINES . ' SUBDIVISION, less the West 10 feet of Lot Ten (10), according to the plat thereof, as recorded in Plat Book 9, page 68, of the Public Records of St. Lucie County, Florida.? The said Isaiah Lucas is also knawn as Isaac Lucas. He is the same person as the person named as Issiah Lucas (in error) in that certain Warranty Deed recorded in Official Records Book 194, page 482, of the Public Records of St. Lucie County, Florida. ~ SiATc ~-LU~IJA r ~ a- ppCUMFJ~lTA°; STt~t~_P_.._.TAX . ~ ~ = naR i sn - ~ = a~ ; ~ ~~..?~r~~,~ ~ = 9 0 0 0= qo- , - ~ ~,,~o?~: ~ - - ~ , If a conveya~ce shouid be made by the m~rtgagors of the premises herein described, or any part thereof, without the wri~ten conseni of the Association, and without assumption in regular form of ' law hy the grantee of the obligations to the Association created by said promissory note and this morf- 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 tonveyance become due and pay- ~ able and in default. The Association reserves the right to withhold consent to any such conveyance ~ ar~d assumptian until and uniess satisfactory financial reports and other personal data required by the t Assoc~ation are furnished to the Association by the party acquiring title to the premises, or any part ~ thereof. By giving its consent to such conveyance, t he Association shal! not be deemed to have released the mortgagor he~eunder from any liability hereunder. The Association may dea! with successors in in- ter~st with reterence 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 the debt, secured hereby, or otF~erwise act without discharging or in any way affecting the liability of the mortgagors hereunder ~r ufson 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 { 0 0~~ sue, extending the time for payment of the debt, providing for different monthty payments and/or a ` different interest rate, and by other express modificatio~s of ihe cantract, without losing any priority ~ ~ w~ the Association has over other mortgagees or lienors or holders ot any junior interest in the property ; ~ s ~ ~ secured hereby. Together witF? all buildings, improvements, fixtures or appurtenances now or herearter erected there- m `v; on or p~aced therein, including all apparatus, equipment, fixtures or articles, whether in single units or ~ y,~ centrally con~rolled, used to suppPy heai, gas, air conditioning, water, light, power, refrigeration, ventila- ~y tion or other senrices, and any other thing now ~r hereafter therein or thereon, includi~g screens, window 1 shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters ~ (all of which are intended to be and are here5y dec lared to be a part of said real estate whether physic- ally attached thereto or not); and also together with al! 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 Supplementaf Agreement secured hereby. The Mortgagee is hereby subrogated to the rights of atl mortgages, iienholders and owners paid off by pro- ceeds of the lean hereby secured. : - - . _ ~ ' _ ` ' ~ ~ ~ ~ ~ ~ a _ - . ~ , .