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THIS INSTRUAtENT PREPARED 8Y ~
Clyde P. Platts ~
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Secur~ty iedcral Savings A Loan Assoc~ahc~ M O R T G A G E
of Ind~an Rwar Count~ ~
S~xth Avenuc and Twenty Fusf Street
Vc~o 9each, Flo.ida 3Z960.. • , t
Loan No.. 671 - - ~
THE UNDERSIGNED,_- - - - - ~
Frank Rogolino _and_Juanita_Rogolino_L his wife_____
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of _F~~ Pierce___ County of St. Lucie State of Florida, hereinafte~ ~
referred to as the Mortgagor, does hereby morigage and warrant to SECURITY FEDERAL SAVINGS AND ~
LOAN ASSJCIATION OF INDIAN RIVER COUNTY, a corporation org~ni2ed and existing unde~ the ;
laws of the Un~ted ~tates of America, hereinafter re f~~rred to as the Mortgagee, the folfowing real estate
~n the County of _St ._Luc f e___ _ in the State of Florida, to wit:
The West ane-half (W~) of Lot Four (4) and all of Lot Five (5), i
Block 43, of Plat No. 3, of SUNLAND GARDENS, according to plat
thereof as recorded in Plat Book 9, page 67, Public Records of
St.Lucie County, Florida.~
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If a conveyance should he made by the m~rtgagors of the premises herein described, or any part ~
~ thereof, wittiout th~ written consent of the Association, 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 Associatien, and without notice, all sums of
money secured hereby shall immediately and toncu rrently with such conveyance become due and pay-
able and in default. The Association reserves the right to withhold consent to any such conveyance
ar~c~ assumption until and unless satisfactory financiat reports and other personal data required by the
Association are furnished to the Association by the party acquiring titie to the premises, or any part
thereof. By giving iis consent to such conveyance, the Association shall not be deemed to have released
the mortgagor hereunder from any liability hereunder. The Association may deal with successors in in- E
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 ~
~ otFtierwise act without discharging or in any way affecting the liability of the mortgagors hereunder
y: or upon the debt hereby sec~red. The Association may also deal with the Mortgagors and/or with
successors in interest with reference to this mortgage and ihe debt hereby secured by forbearing to
~ ~ sue, extendin~ 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 priority
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3 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 a~purtenances now- or hereaiter erected there-
~ on or placed therein, including all apparatus, equipment, fixtures or articles, whether in single units or '
_
~ centrally controlled, used to supply heat, gas, air canditioning, water, light, power, refrigeration, ventila- ;
~ tion or other services, and any other thing now or hereafter therein or thereon, including screens, windovv 1
~ 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 ea5ements ar.~1 the rents, issues and profits of
said premises which are hereby pledged, assigned, transferred and set over unto ihe Mortgagee, whether
~ now due or hereaf;er to become ciue as provided in the Supplemental Agreement ser_ured hereby. The
Mortgagee is hereby subrogated to the rights of all mort~a es, lienholdzrs~d owners paid off by pro-
ceeds of the lcar: hereby secured R~~ r{ ~8
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