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Home My WebLink About4160 TNIS i'~STRUI~IENT PREPARED BY ~'44380 -Cl~cd~P~P,att~ _ - - - sKw~~y Fetlc.al sa~i~g: a ~o.Y, n:s«~d~~~n M 0 R T G A G E ot Ind~an P.~v.r Countr S~xth AvenuC a~w] Twenty Fint $treet b~ro BFach iia~da 3Yo60 Loan No. 01 . . THE UNDERSIGNED, _ _ - - _ _ _ - : FORT PIERCE HOME BUILDERS CORP., a Florida Corporation _ o f For t P i erce_ County of-__S t. Luc i e , State of Florida, herei~after ~efc~red to as the Mortgagor, does he~eby mortgage and ~varrant to SECURITY FEDERAL SAV INGS AND LOAN ASSOCIATION OF It~DIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hercinafte~ re f~rred to as the Mortgagee, the following real estate ~n the Counh• of St. Lucie _ in the State of Florida, towit: Lot Thirty-fi~:e (35), 61ock 48, INDIAN RIVER ESTATES, Unit ~7, according to the plat thereof filed in the Office of the Clerk of the Circuit Court of St. Lucie County, Florida in Plat Book 10, Page 75; said land lying and being in St. Lucie County, F,lorida ? f^' T~lES AYMENZ ~F ~ - E1VE~ ~ Tp{~?G1~~ PE S~ p P~y ~~?y' STA`1'E oF F LO R I D A~ REC or; cuss ~Q ;,-i3~. accs ~r OOCUMENTARY;~-= STAMP Tl. k' ~ ~ TO .•.:t Po~«~~ ~p, f~ ° L~EP1. OF REYEt:UE :~~~'`~~~a ~ p~SRS~ CI~~ ~URt, S!`~.lf'/ ~ - _ `~L:'t2 " z 9. ~ ~J ~ c~~ ~ c,G~ r, " = v.8. o = ~nn~ ,i~ t . ~ i i i ; If a conveyance shouiri be made by the m~rtgagors of the premises herein described, or any part ~ thereof, wit!~out the wri!ten consent of the Association, and without assumpt+on 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 ~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~c~ assumption until and unless satisfactory financia! reports and other personal data required by the ~ Asscx~atien are furnished to the AssociatEon by the party acquiring tit!e to the premises, or any part ~ thereo~. By g~ving 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 rnay 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 successars in ~nteresi 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 contraci, without losing any priority the Association has over other mortgagees or lienors or holders of any junior interest in the property ~ ~;i secured hereby. • _ Tegether with all ou~ldings, improvements, fixtures or appurtenances no~ti or herearter erected ihere- on or placed therein, includin~ all apparasus, ee,u+pment, fixtures or artictes, whether in single units o~ - 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, windoK 3 shades, storm doors ane~ windows, floor coverings, screen doors, awnings, stoves and .vater heate~s (all of which are ~ntended to be and are here5y dec lared to be a part of s~id real estate whether physic- ~ ally attached thereto or not); and also together with all eascments and the rents, issues and profiis af ~ said premises which are hereby pledged, assigned, transferre~ and set over unto ihe Mcrtgagee, whether now due or hereaf;er te become ciue as provided in the Supplemental Agreement secured hereby. The Mortgagee is hereby subrogated to the rights of all mort~age~, ~~e I rs and o ne paid off by pro- ceeds of the !ca?: hereby 5@C:,lf~'d '~!r.1 ~ ~ h ~ - _ ~ _ ~ L_._ _ r _ - _ _