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THIS t\STR'~A1ENT PREPAREO BY
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--Clyde P_ Platts- _
Secw~tY Ftde~al Sav:ngs 8 lcan Assocwhor
of InC~~ R~vrr ~o~,ntv M O R T G A C E
S~~th Avenue and Twenty F~rtt Strcet
Vero 9ca~h, flw~da 32960
Loan No.- -
THE UNDERSIGNED, _ - - - - _ - - -
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_ _ _ _''_WIL_L'_IAM_CESA and ADEIE CESA,_his wife__ _
of Ft . P i e_rce , County of St . Luc i e State of Florida, he~einafter
refcrred to as the IVlortgager, does hereby mortgage and ~varrant to SECURITY FEDERAL SAVif~lGS AND
Ll7AN ASSJCtATION OF INDIAN RIVER COUNTY, a corporation organized and cxisting under the
taws of the Un~ted ~tates uf Ame~~ca, hereinafter re f?rred to as the Mortgagee, the following real estate
~n the Count~ ef _~L . Luc i_e__ ;n the State ~f Florida, to wit:
lot Five (5), Block One (1), TROPICAL BEACH, according to the piat
thereof, as recorded in Plat Book 9, page 26, Public Records of •
St. Lucie County, Florida, LESS that portion lying East of line as '
designated in Official Records Book 172, page 439 and Official
Records Book 175, page 498, Public Records of St. Lucie County,
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If a conveyance shoul~l be made by the m~rtgagors of the premises herein described, or any part
thereof, without the wriiten consent of ihe Assotiation, 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 not+ce, all sums of
' money secured hereby shall immediatety and concurrently with such conveyance b~come due and pay-
~ abie and in default The Association reserves the right to withhold cc~:~sent to any such conveyance
` ar~~ assumption until and unless satisfattory financial reports and other personal data required by the
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Association are furnished to the Associat;on by the party acquiring title to the premises, or any part
thereot. By g~ving its consent to such conveyance, the Association shal! not be deemed to have released
the m~rt~agor hereunder from any liability hereunder. Tt~e Association may dea) with successors in in-
~ ter~si with reference to this mortage and the debt hereby secured in the same manner as with the
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mortgagors, and may forbear to sue or may extend time for payment of the debt, setureci hereby, or
' otl~erwise act without discharging or in any way affecting the liability of the mortgagors hereunder
~ or upon the debt hereby setured. 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
sue, extendinti the time for payment of the debt, providing for different monthly payments and/or a
different interest rate, and by other express moditications of ~he contract, without losing any priority
the Association has over other mortgagees ar lienors or holders of any junior interest in the property
; secured hereby.
Tegether with all bu~ldings, improvements, fixtures or appurtenances now or I~ereaiter erected there-
on or placed therein, including all apparatus, equipment, fixtures or articles, whetf~er in single units o~ •
centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
~ tion or other services, and any other thing now or hereafter therein or thereon, inciuding screens, window-
shades, storm doors and windows, floor coverings, screen doors, awnings, s~oves and water heaters
~ (all of which are intended to be and are here'ay dec tared to be a part of said rea! estate whether physic-
~ al{y attached therefo or not); and also to~erher with a!I easements and the rents, issues and profits of
saio prem+ses which are hereby pledged, assigned, transferred and set over unto ihe Mortgagee, whether
I now due or hereaf;er to become due as p-ovided in the Supplemental Agreement se~u~ed hereDy. The
Mortgagee is here5y subrogated to the rights of all mortgages, lienholders and owne_rs ~a,i~d off by pro-
ceeds ~f th-e lear: i,ereby secured
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