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HomeMy WebLinkAbout0776 ~l - THIS 1NSTRUMENT PREIAllfO !Y. , Clvde P. Platts s.a.ify F.a..a1 s+v+na a lcn, As.«~a . . ol Indian Riw+ co~.rv ~ ~ ~c T~~1R ~i A G E • • S~xth 11wnw and wheMr fint StrMt t' ' - Vtro deach. Florida J2960 t,o,an No._.53L_..~;- `~HE UNDERSiGNED, , . ~HARLES MESER and_ Y,~,t~DA MESER, h i s w i f e of_ _F_t~ ~'1 erce , , Couny of_~.t- Luc i e , State of Floritls~ ~,A ~ ftes ' ~ ~ ~ J refer~ed to as the Mortgagor, does hereby mortgage and wa~rant to SECURITY FEDERAL SAVING5ANp LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United States of America, hereinaher referred b as the Mortgagee, the foliowing real estate ;n the County of_ S~: Luc i e in the State of Flo~ida, to wit: Lots Three (3~ and Four (4), Block Eight (8), DIXIELAND SUBDIVISION, according to the plat thereof, as recorded in Deed Book 152, page 403, of the Public Records of St. Lucie County, Florida, less and excepting thereof the East 15 feet. ? R6CAy~. D. i D1E ON pASS ~~1~ p~11~11~ ~ ~ ~RS11ANi 1~ ~ ~''ORWl43~? ~ 1l7~ - OOURT. Sf. W~1E 00, A,L ~ _ 7ATE oF FLORIOA ? " STAMP TAX • ~ ~E ~ii'72 ~ _ ' 8250=~ y t.v a+r~c - _ , :8~ahis ~ i . I ~ ~ It a conveyance should be made by the mnrtgagors of the premises herein described, or any part there~f, wit!~wut the writte~ consent of the Association, and without assumption in regular form of law h•~ 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 concurrently with such conveyance become due and pay-. able and in default. The Association reserves the righi to withhold consent to any such conveyance and assumption until and unless satisfactory financial reports and other personal data required by the Association are furnished to the Association by the party acquinng title to the premises, or any part thereof. By giving its consent to such conveyance, the Association shall not be deemed fo have released the mortgagor hereunder f~om any liabiliry hereunder. The Association may deal with wccessors 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 of the mortgagors hereunder ~ or upon the debt hereby secured. The Association may also deal with the Mortgagors and/or with successors in i:~teres~ with reference to this mortgage and the debt hereby secured by forbearing to sue, 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 pr.iority ~ 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 hereafter erected there- on or placed therein, including al) apparatus, equipment, fixtures or articles, whether in single units or centrally controlled, used to supply heat, gas, air conditioning, water, lighi, power, refrigeration, ventila- tion or other services, and any other thing npw 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 hereby dec lared to be a part of said real estate whether physic- ally 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 aver 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 toan hereby secured. o R f~~ a~ ~rV,l J:e i . - - - - - _ _ p ~'"C7-°"` a- ;:,~i~ie`S~" i~zhi"~R`~ ,~'.sa . ~ . . "~-~'T z:'° _ .