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HomeMy WebLinkAbout0186 ~ 1~ Vj/ i THIS inSTRUA1fNT PREPAREO BY Clyde P._ Pl atts z~~41~.r ; Secw~fy. Fedc~al Savings 8 Loan Assouaho~ M O R T C A C E of Indwn Rwrr County S~xth Avenue and Twenfy Fust $u~f Vc+o Bcach, Flonda 32960 r _ • . • . . Loan No.- 67Q-- - THE UNDERSIGNED.-------- - - - __FRANK_ROGOLINO _and__ JUANITA ROGQLI.NO~ his wife_ _ of Fort _ Pi erce_ County of St_. luc i_e State of Florida, he~einafter referred to as the Mortgager, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND LOAN ASSrJCiAT10N OF It`DIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter re f?rred to as the Mortgagee, the following reat estate , ~ ~n the County of St . Luc ie ~n the State of Florida, to wit: ~ ; The South one-half (S'-z) of the East one-half (E~) of the West 194.46 feet.of the East 511.15 feet of the South 210 feet of the North 375 feet of Lot 222 WHITE CITY SUBDIVISION according to plat thereof as recorded in Plat Book 1, page 25, of the Public Records of St.lucie County, Florida. ALSO known as: Lot 17, Block 2, of unrecorded Subdivision BROOME-TIOCA. , .r ~ oF ~ S~ - STp`ME~sa w.,,,vJ-''" ~ ~ Z °-_°~~_SnZJ ~ _ 3150 : ; r - r U Olit.Oi Rl'~ErllE= ~'~r N tiy8zt~ P.13- i oN ~ prr~ ~ ~ 1~ ; ~ ~ ~~"~wr m a~ru tt-i~ ~ a u~. ~ ~ a ~ ~t ~C~ ; A Wolf CiOI.. Nll ~ ~ If a conveyance shoul~l be made by the m~rtgagors of the premises herein described, or any part ; thereof, wit!~out The writtPn consent of the Association, and without assumption in regular form of law t~y the grantee of ihe 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 right 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 Associat6on 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 time for payment of the debt, secured hereby, or otl,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 interest with referente to this mortgage and the debt hereby secured by forbearing to ~ sue, extendin; the time for payment of the debt, providi~g for different monthly 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 lienors or holders of any junior interest in the property S secured hereby. 3 ~ Together with ali buildings, improvemenis, fixtures or appurtenances now or hereaiter erected ihere- ~ on or placed therein, including all apparatus, eGuipment, fixtures or articles, whether in single units or 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, ir.cluding screens, window ~ shades, storm doors and windows, floor coverings, xreen doors, awnings, stoves and water heaters ~ (all of which are ~ntended so be and are here5y declared to be a part of said ~eal estate whether physic- ally attached thereto or not); and also together with all easements and the rents, issues and profits of t said premises which are hereby pledged, assigned, t~ansferred and set_over unto the Mortgagee, whether now due or hereat;er to become due as provided in the Supplemental Agreement secured hereby. The . Mo+rtgagee is hereby subrogated to the rights of all mortgages, lienholders and owners paid off by pro- ceeds of the lean hereby secured ~'r R~~~ J ~J~l~ F'.'1~C - = ~ - - - s-