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Tii1S !'vSTR';A1ENT PREPARE~ Bf
Clyde _P_ Platts _ ~~~1.~"~
Sccurdy Fedcral Savings d Loan Assoaahc~ i~~ M ptR T~A C E
o} Ind~an R1var Counly
S~xth Avcnuc and Twenty F~rst St~cet
~~ero Bcach. fla~da 32960 ~
Loan No.-
THE UNDERSIGNED, - - _
MAX SNOWDEN and WILLARDEN SN0IJDEN~ his wife____ _
of Fort P i erce County of Sa i nt Luc i e__ _ i, State of Florida, hereinafter
~efcrred to as the fvlo~tgagor, does hereby mortgage and ~varrant to SECURITY FEDERAI SAVINGS AND
LOAN ASSJCIATION OF IfvDiAN RIVER COUNTY, a corporation organized and existing under the
laws of the United ~tates of America, hereinafter re farred to as the Mortgagee, the following real estate -
~ ~n the County of _~ai n~J.u~~__ in the State of Florida, to wit:
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Lot Eighteen (18), Block 2, of TROPICAL BEACH SUBDIVISION, ^ ~ ~
as per plat thereof on file in Plat Book 9, at page 26, of .
the Public Records of St.Lucie County~ Florida.,
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0!~ OM CIASS ~C' INTAll6telF lfRS011At ?~O~ERn ~
~ ~Ip6~FR71-1P01~
S OF 19/L m <
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If a conveyance shoulrl be made by the m~rtgagors of the premises herein descr~bed, or any part
thereof, wit!~out the written.consent of the Association, and wi~hout assumption in regular form of -
iaw t•y the grantee of the obligations to the Association created by said promisspry note and this mort-
ga~e, then. and in that event, and at the option of the Association, and without notice, all 'sums of
money secu~ed hereby shall immediatety and concu 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~~' assumption until and unless satisfactory financial reports and other personal data required by the
~ Fissoc~ation are iurnisned to the Associat;on by the party acquiring title to the premises, or any part
thereot. By giving its consent to such conveyance, the Association shall not be deemed to have released
the mortRagor hereundEr from any liability hereunder. The Association may deal with successors in in-
terest with reference to this mor;age 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 ;
~ ~tF~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 andJor with
~ successors in interest wrth reference to this mortgage and the debt hereby secured by forbearing to
~ sue, extendinr the time for payment of the debt, providing for different month{y 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 lieno~s or holders of any junior interest in the property
secured hereby.
Together with all buildings, improvements, fixtures or appurtenances now or herear`ter erected ihere-
on or placed there~n, including all apparatus, equipment, fixtures or articles, whetf~er in single units or
centrally cont~olled, used to supply heai, gas, air conditioning, water, light, power, ref~igeration, ventila-
tion or other services, and any other thing now ur ~iereafter therein or thereon, including screens, window~
shades, storm doors and windoK•s, floor coverings, screen doors, awnings, stoves and water heaters
(all of which are intended io be and are here5y declared to be a part of said real estate whether physic-
ally attached thereta or not); and also together with all easements and the rents, issues and profits af
said premises which are hereby pledged, assigned, transferred and set over unto ihe Mortgagee, whether
now due or hereaf;er to become due as provided in the Supplemental Agreement se~ured hereby. The `
Mortgagee is hereby subrogated to the rights of all mortgages, lienholders and owners paid off by pro-
ceeds.of the tear t,ereby secured C~C ~)(')"J
~ . ~`;luK ~~1 I PAG,