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HomeMy WebLinkAbout3000 L THIS tNSTR'~AiENT PREPAREO BY •~3496`7 Clyde P. Platts Secunt fede~al Savings d Loan Assouat~o~ o~ i„e,~, a~~e. c«,.~~r M O R T G A C E S~ath Avenue and 7wrnfy F~nt SNeet Ve~o Bexh, Florlds 32960 Loan No.- -64-3----- - THE UNDERSIGNED, - - _ - - _--Y~~N4N _G ~_~Q~D11.~_s~[!d _!lABY M. ('i41.121ZE[~!a_hl~1e[I f_~--.--- of Ft, P_[~rce Countyof St__LuCie State of Florida, hereinafter refrrred to as the Mortgagor, does he~eby mortgage and warrant to SECURITY FEDERAL SAVINGS AND LOAN ASSJClATlON OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United States of America, hereinafter ref?rred to as the Mortgagee, the following real estate ~n the County of S t. luc i e in the State of Florida, to w+t: Lot S i xteen (16) , Block N i nety-One (91) , LAKEWOOD PARK w.. ' y. ! ~ UNIT EIGHT, according to the plat thereof, as recorde~,iin Plat 6ook 11, page 19, of the Public Records of St. Lucie . County, Florida. ? - W S"fA7't a~ FLU~iUA v ~ DOCUMEIVTAo" STAMP TAX ~o P,r~~~~r oF T~m ~ ~ auc-rrt o.~ = 2 ' RE"EI~'ED =------~y~~^ .'!~l P!`?0°Eli1t~ U-_ t 3 7 5 Q'= Qt.I~ Q~i C! ~l''~,r. ~C ~ . . ~w • N DEii Of tiYElt11E Y pORS1IRiii 10 C~.^.•:-• : ia OF 1911. ~ - P.B. ~sot ~z e;,: a~it~,+, ~ c~+nc ciRCUiT wuRr, sr. ~uc~E oo, ~u? ~L, . F~a-c,~-~-~ If a conveyance shoulcl be made by the m~rtgagors of the. premises herein described, or any part thereof, w~t~,out th~ written consent of the Association, and without assumption in regular form of law t~y the grantee of the otzligations to the Association created by said promissory note and ihis mori- 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 right to withhold consent to any such conveyance ' and assumption until and unless satisfactory financial reports and other personal data required by the I Associatian are furnished to the Association by the party acquiring title to the premises, or any part thereof. By giving its conse~t to such conveyance, the Association shall not be deemed to have ~eleased the mortgagor hereunder from any liability hereunder. The Association may deal with successors in in- ter~st with .?eference to this mortage and the debt hereby secured in the same manner as with !he 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 affetting the liabiliry of the mortgagors hereunder or u~on 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, extending the time for payment of the debt, providing for different monthiy payments and/or a different interest rate, and by other express modifications of the contract, without fosing any priority the Association has over other mortgagees or (ienors or holders of any junior interest in the property secured hereby. Together with all buildings, improvements, fixtures or appurtenances now or hereaTter erected the~e- ~i on or placed therein, including all apparatus, equipment, fixtures or articles, whether in single units or centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila- 'I tion or other serv.ices, and any other thing now or hereafter therein or thereon, including screens, windov+- ~ shades, storm doors and windows, ffoor coverings, screen doors, awnings, stoves and water heaters i (atl of which are intended to be and are here'ay 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 ~f I' said premises which are hereby pledged, assigned, transferred and set over unto the Mortgagee, whether I now due or hereafrer 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 leai: hereby secured Q g 80GK ~4 PACf 29~ ~ T.,., r . s . . . . . ,y~..s ~ . ~ '~".,9A,~~+~"~,~°~ ~ °.z?a..~~'~'Y~ a . =V'y~ ~.-J . ~cti~'"~`~~ .