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TNIi ~tiSTRUAtENT PREPARED BY JQ
_ Clyde P. Platts_____ ~V~
$ecwdy fedcr il Saoinss d loa~ Assa~ahon M O R T G A G E
of indiJn R~vcr County •
S~xth Avenue and T~enty Fust Strcet
\'r.o Bcach. flonda J2960 2~j
Loan No.. ~ .
THE UNDERSIGNED, - - - - - -
_.AMERICAK.H0~1E~_ ANQ .MQBTGA~E. 11~C_~~ElQti~a c4rpQratiQn _ -
o f For t P i e rce County of S t,_ Luc i e___ State of Florida, hereinafter
re~crred To as the vinrtgagar, CIUC~ 11CICG~I i17U(I~ci~e d(iV Nru~~c~i1` iv,ci"viiiTV C`~CDAi~A i/IA~yC 41~111
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the
!aws of the United Jtates af America, hereinafter re f?rred to as the Mo~tgagee, ~he followi~g real estate
• n the Count~ ot _ 5 t._ Luc i e___ ~n the State of Florida, to wit:
Lot Twenty-one (21) , Block 74, LAKEWOOD PARK UNIT N0. 7,
according to the Plat thereof recorded in Plat Book 11, Page '
13, Public Records of St. Lucie County, Florida
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e If a ccnveyance shoul~i be made by the m~rtgagors of the premises herein described, or any part
there~f, wit!,out the writtPn consent of the Association, and without assumption in regular fo~m 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 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 righi to withhold consent to any such conveyance
ar~d assumption untit and unless satisfactory financial reports and other personal data required by the
Associatian are furnished to the Association by the party acquiring title to the premises, or any part
thereof. By giving its consent to such conveyance, the Association shall not be deemed to have released
the mert,agor hereunder from any liability hereunder. The Association may deal with successors in in-
ter~st 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 Assaciation may also deal with the Mortgago~s and/or with
successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
suc, 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
, the Association has over other mortgagees or lienors or holders of any junior interest in the property
` secured hereby.
Together with all ouildings, improvements, fixtures or appurtenances now or herearter erected there-
on or placed therein, includin~ all apparatus, eq~~ipment, fixtures or articles, ~vhetlier in single units or
centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
tion or o:her services, and any other thing now or hereafter therein or thereon, including screens, windoK-
shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of which are i~tended to be and are hereby dec lared to be a part of said real estate whether physic-
ally attached thereto or not); and also togethe~ 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 hereaf;er to become uue as provided +n the Supplemental Agreement ser_ured hereby. The
Mortgagee is hereby subrogated to the rights of al) mortgages, lienholders and wners paid off by pro-
ceeds of the lear. hereby 58CU~£d SOOK~O~/ Y~Gi~~~~ '
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