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TNp .1STR •~?ttNi pREIAREO ~wr/• V.~
. C1~de P,Platts_ • ~ ` ' ~ •
s.~""~, F'°"~ s.~e. a`°'" ~"°"x'~" M O R T C A G E
o~ ~naan It~M.. ca.+r
S..tw Ava~n~re ~nd Twe+w~ f.nt S~~tN
Vro Ilexh, flp~da ~29~
Loan No._ - S~Z v_
THE UNOERSIGNED, _ _ __r__ _
_~Q~RT N. HEB~I, JR. and BETTY J. NEBELLhis wife
of F~, _P~s~~c~ Counry of_~t._1u~It _ , State of Florida, he~sinaRe~
-efer~ed to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND
LOAtv ASSJCIATlON OF lNDIAN RIVER COUNTY, a corporation organized and existing under the
laws of the United States of America, hereinaher re ferred to as the Mo~tgagee, the following ~eal estate
~n the County of.. St. Luc ie in the State of Florida, to wit:
tot Six (6), Block Twelve (12), LAKEWOOD PARK, UNIT 2, i~~~=
according to the plat thereof, as recorded in Plat Book 10,
page 56, af the Public Records of St. Lucie County, Florida.? •
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'%~.~P~' ~ ~ 111 P1iY~tElR OF TA~fES
oF ~ g ALj ~ D~ OM Cl/1SS 'C' INTM161BI.E PER90(rAL PRppERIY
,~~,~Po ,3p ~ ~r~nr ro auwro~ n.i~. ~crs of ia~i. '
G? G~"' • ~ ~ocar Pomas ~1~ yf
o s~'~' . ~~~un oou~r, sr, wc~ oo, Fu
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If a conveyance should be made by the mortgagors of the premises herein dexribed, or any part
there~f, wit!~oui thp written consent 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 mort-
gage, then, and in that event, and at the option of The Association, and without notice, all sums of
money secured ~ereby shal! immediately and concu rrently with such conveyance betome 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 persanal data required by the
I Association are furnished to the Association by the party acquiring titte to the premises, or any part
; thereof. By giving its consent to such conveyance, the Association shall not be deemed to have released
the mortgagor hereunder from any liability hereunder. The Association may dea! 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 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 atso deal with the Mortgagors and/or with
successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
suc, extending the time for payment of the debt, providing for different monthty payments and/or a
different interest rate, and by other express modifications of the contract, without losing any priority
the Association has over other mortgagees or lienbrs or holders of any junior interest +n the property
setured hereby.
Together with all buildings, improvements, fixtures or appurtenances now or hereafter erected there-
on or placed the~ein, including all apparatus, equipment, fixtu~es or articles, whether in single units or
cenirally control(ed, used to suppty heat, gas, air condilioning, water, light, power, refrigeration, ventila-
tion or other services, arid 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-
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 over 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 ihe rights of all martgages, lienholders and ow~ers paid off tsy pro-
ceeds of the loan hereby secured. p~~~~~
` soo~c
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