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HomeMy WebLinkAbout2935 ~ ! ~7 THIS i'~STRIiMENT PREPAREO 8Y ' ~C ClYde P_Platts ~Zt3 s«w~ry F~a~a sa~~~+s~ a ~ss«~,~~a+ M O R T G A G E o} Ind~an Rrvh COUnty S~xth Avenue and T ty F~~t Strnt ~ ~ r, Vero Besch, Flwida~o , Loan Na_ - -c}~~i- - THE UNDERSIGNED,_ - RQBERT A. SCHREIBER and PHYt,LIS SCH_R~1_BER, _h~ wif~___ of Ft P i erce County of St ..Luc i e___ , State of Florida, hereinafte~ refcrred to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERA~ SAVINGS AND LOAN ASSJCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United States of America, hereinafter ~e f?rred io as the Mortgagee, the following real estate ~n ihe County of._ St . Luc i e in the State of Florida, to wit: Lot Twenty-Eight (28), Block Thirty-Nine (39), LAKEWOOD PARK, UNIT N0. 4, according to the plat thereof, as recorded in Plat Book 11, page 2, of the Public Records of St. Lucie County, Florida. ~ i i i ; ~ ST"A7~E ~F ~LURIUA j Z DOCUMENTAp~ STAMP TAX . ~ ~ = APR-r7Z ~ . - _ N ' I 9 8 0~ P.B.,'o~~: _ , ~6CFJY~D ="'1--~ IN PAYYQlT OF tA~S : DUE ON ClASS 'C INiAN6 1 S L E p~p~ ~ry~ ' ~ PURSIIANT TO piAP'TER ~l•13~. IICfE OF 1~11. ` ~ ~6EB !'btiilA~ ~Iw, Ci~p~ p~t. St Lwi~ Oo. Fq, ~ ~ ~ i 6 ~ F ~ If a conveyance should be made by the mortgagors of the premises herein desc~ibed, or any part t 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 Assotiation, and-without notice, all sums of money secured hereby shall immediately and concurrently with such conveyance become due and pay- ~ able and in default. The Association reserves the right to withhold consent to any such conveyance ~ ~ an~' 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, t he Association shall not be deemed to have released ~ the mortgagor hereunder from 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 tiine for payment of the debt, secured hereby, or ~ otF~erwise act without discharging or in any way affecting the liability of the mortgagors hereunder ~ or upon the debt hereby secured. The Association may alw deal with 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, providing for different mont~ty payments and/or a = different interest rate, a~d by other express modifications of the contract, without (osing any priority ~ the Association has over other mortgagees or lienors or holders of any junior interest in the property secured hereby. ~=F Togethe~ with all buildings, improvements, fixtures or appurtenances now or herearter erected there- r; on or placed therein, including all apparatus, equipment, fixtures or articles, whethe~ in single units or ceniral{y controlled, used to supply heai, gas, air conditioning, water, light, power, refrigeration, veniila- tion or other services, and any other thing now or hereafter therein or thereon, including screens, window _ 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- aliy attached thereto or not); and also 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 ~ s ~ now due or hereaf;er 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. g00K~.rVV PA~~4 ~ - - _ ~ _ - . ~ ' _ . ~~.E.