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HomeMy WebLinkAbout1130 ~ ~ ' . . ~ THIi !`STR'_'~1ENT PREPAREO BY C~de P,_ Platts,___ i?~~129 Secunty Fedcral Savings 8 loan Assoc~at+cr M O R T G A G E of Ind~an Rrvrr County S~rth Avenue and Twenty First Street VPro Beach. Fla~da 32960 ~ ^ ! • ~ ~ ~1~ 2 t Loan No.- - - THE UNDERSIGNED, _ _ - - __WILLIAM_A. ANDERSON and VERNA L. ANDERSONi_his_wife_______________._____ ' ' of Ft. _Pi~rce__ Countyof St_.___Lucie__ , State of Florida, hereinaher rr~~~r~~TVrr~e~rnA~ (`~~/~wl/"C AA111 ~eterred to as the iviortgagor, does ne~eby mortga~e an~i war~a~~i iv~c~.vic~ i t ~CIJLiL17~.JflL ii~li.iilivv LOAN ASSJCIATION OF tNDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter ~e ferred to as the Mortgagee, the following real estate 4i the Countti of. St . Luc i e_____ in the State of Florida, to wit: , Lot Twenty-Four (24), Block One (1), THUMB POINT, according to the plat thereof, as recorded in Plat Book 10, page 79, of the Rublic Records of St. Lucie County, Florida.~j - ~ . oF ~L-~RP~ px 1 ~ `o STA ENjARY f..--~SjA~` ~ D~~~~`"'' fNUf E~ ~ 8 Z. 0 ~ • c? cv DfPi- ~t ~9'12 = ~ ~ ~C N ~ ~ .a~ O ~ P8- ~ ~ _ tt~~2 0 _ ~ I ~ i~--"'~._"' IN rRrMEIQ Of TA~ i ~ ~ J ~ ~l~~` ~ ~ p~ pp1JRT, fT. WGE 00. ~ If a conveyance shoul~l be made by the m~rtgagors of the premises herein dexribed, or any part ' thereof, wit~out the viritten consent of the Association, and without assumption in regula~ form of law h~ tF:e grantee of the obligations to the Association created by said promissory note and this mort- gage, then, and ~n 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 ar~d assumption until and unless satisfactory financial reports and other personal data required by the - Associaticn are furnished to the Associat:on by the party acquiring title to the premises, or any part thereof. By g~ving its consent t~ such conveyance, t he Association shall not be deemed to have released the mort~agor 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~erw~se 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 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 buildings, improvements, fixtures or appurtenances now or hereaiter erected the~e- on or placed tfiere~n, including~all apparatus, equipment, fixtures or articles, whetlier 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, including screens, window shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters (all of which are intended to be and are here5y dec lared to be a part of said real estate whether physic- ally attached theretc or not); and also ~ogether with all easements and the rents, issues and profits cf said premises which are hereby pledged, assigned, transferred and set over unto the Mortgagee, whether now due or hereaf;er to become due as provided in the Supplemental Agreemen~ ser_ured hereby. The Mortgagee is hereby subrogated to ihe rights of all mortgages, lienholders and owners paid off by pro- • ceeds of the lear, hereby secured ~pO~l~~ r•r~1 ~ ~ _ . _