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THIS t'~;STR!'~IENT FREPARED B~' ~I~C~~
_ Clyde P_Platts----_- ~~v
Secw~ty Fedc~d 5avings a Luan Assoc~alwn • M Q R T G A~,I E
ot Ind~~ R~vrr County
S~Yth Avenuc and Twenty Fusf Strtet '
vero Bex~. Fla~da 32960 ~ S~ ~ S~ ~~~t 2Q-
Loan No.. 5_. _ _ .
~THE Uf~DERSIGNED, . ~
~ R96~RT~_._ NEBEL JR. and~ BEII~L~lA~l~HE@EL,--ht~_~If~-------------
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t Ft: p_tei-ce__ Countyb~_~5.~_ L~~ig___ State of Florida, he~einafter
4~eferr~d,to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND
~ iOAN ASSJGIATION OF It~DIAN RIVER COUNTY, a corporation organized antl existing under the
law~~qf Ci~ ,l~nited~tates of America, hereinafter refa~red to as the Mortgagee, the foilowing real estate
the•l:ounh of _St Luc i e in the State of Florida, to wit: ;
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Lot Twenty-eight (28), Block One Hundred Sixty (160), LAKEWOOD ~
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PARK UNIT N0. 12, according to the plat thereof, as recorded in
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Plat Book 11, pages 26-A and 26-B, of the Public Records of ° a~;
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St. Lucie County. Florida. ~ ~ ~
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This is a second mortgage and is subject and inferior to that o
certain mortgage made by Robert N. Hebel, Jr. and Betty Jane ~ y o
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Hebel, his wife, in favor of Security Federal Savings and Loan W Z~ Q
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Association of Indian River County, dated February 22, 1971, and
recorded in Official Records Book 190, page 1134, Public Records ~
of St. Lucie County, Florida. Any default in said first mortgage ~
' shall automatically constitute a default under this mortgage. ?
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~ ~ ST~?T~ t=LU~~UA
~ c~ ~ DOCUMENTAo~. STI:~!P TAX
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; If a conveyance shoulcl be made by the m~rtgagors of the premises herein described, or any part ~
z thereof, wit!~out ths writtQn 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 shall immediately and conw rrently with such conveyance become due and pay- }
~ able and in default. The Association reserves the right to withhold consent to any such conveyance
~ and assumption until and unless satisfactory financial reports and other Qersonal data required by the
Associatian are furnished to the Association by the party acquiring title to the premises, or any part
~ thereot. By g~ving its consent to such conveyance, the Association shall not be deemed to have released
y the mertgagor hereunder from any liability hereunder. The Association may deal with successors in in- ~
~ t~r~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
otttierwise act w~thout discharging or in any way atfecting the liability of the mortgagors 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 :
suc, extendinb 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 cont~act, without losing any prioriry
; the Association has over other mortgagees or lienors or hotders of any junior interest in the property
secured hereby_
- Together with all buildings, improvements, fixtures or appurtenances now or hereafter erected ihere-
on or placed therein, including all apparatus, equ~pment, fixtures or articles, whether in single units or
- centrally contro{led; used to supply heat, gas, air condifioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter therein or thereon, including screens, window .
i-2 shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of which are intended to be and are here5y declared to be a part of said real estate whether physic-
ally attached thereta or not); and also togerher with all easements and the rents, issues and profits of ~
said premises which are hereby pledged, assigned, transferred and set over unto ihe Mortgagee, whether t
now due or hereaf;er to become ciue as provided in the Supplemental Agreement secured hereby. The '
Mortgagee is here5y subrogated to the rights of all mortgages, lienholders and owners paid off by pro- _
ceeds of the foar, hereby secured ~
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