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Home My WebLink About4162 ~ ~ T ti44~81 THIi ~`.ST~:'_:~!E~1T PRE?AREU BY --T_ -Cl_Yde P.- Platts____ Secunty Fcderal Sav:ngs A laan Assec~ahrr~ M O R T G A G E n} Inc]~.xi Rrvrr ~ounly S~.th Avenuc and T,.enty Fust Shcet Vero Beach. Flor~da 32960 802 ~ Loan No. _ - - THE UNDFRSIGNED, - - - - - - - . _ - - - ' FORT PIERCE HOME BUILDERS CORP., a Florida Corporation ~ of For t P i e r~~ , County of_~_t. Luc i e State of Florida, herei~after refcrred to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND ~ LOAN ASSJCIATION OF IN~IAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter ref~rred to as the Mortgagee, the fo~lowing real estate ~n the Count~ of St . Luc i e__ in the State of Florida, to wit: Lot Seventeen (17), Block 49, INDIAN RIVER ESTATES,-UNIT ~+7, accordi~g 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, Florida. i/ ~ST~~t'E ~F F=LORiDA1 - DOCUM~NTARY .--•.:~~Stk___Mi'?l'~? I ° I~EP?.Oi R`YENUf ~ o= -.~2;•~: 2 8. 4 0 1 - _ ^ o _ ?~~~2 - ~ ' oo . q ~ + i iiE~ttVED ~ IN P.4YkENT QF 7A)(ES G;i: O~i v:ASS'C' INT4.N~IRLE ~E^:~L'~.~+L PROR'ERI~ ' •r'.;RS'.;:,NI TO Cf~A°j:`~ 11-I34. ACT~ OF 13)1. ftC~; F'G' f fv'?ti ~ Gttn~ Cikf.U't' i` _ . r`.' ~ u,,f,,,,L1 ~ ~ ~ If a conveyance shoul~l be made by the m~rtgagors of the premises herein described, or any part ~ thereof, wit~out th~ wri±ten consent of the Association, and without assumption in regular form of ; ~ !~w t-~ ihe grantee of the obligations to the Association created by said promissory note and this morr- 3 ~ gage, then, and ~n that event, and at the opti~n of the Association, and without notice, all sums of money secured hereby shall immediately and concurrently with such canveyance become due and pay- able and +n 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 ~ Association are furnished to the Associat;on by the party acquir~ng tit!e to the premises, or any part ~ thereot. 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 th~s 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 u~on 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 = sue, extendin ; the time for payment of the debt, providing for different monthly payments and/or a different interest rate, and by other express modificatic~ns of the contract, without losing any priority ~ the Association has over other mortgagees or lienors or holders of any junio~ interest in the property ~ secured herebv Together with all bu~ldings, improvements, fixtures or appurtenances novt or hereaiter erected there- on or placed there+n, incfudin~ all apparatus, e~,uipment, fixtures or articles, whether 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, inctuding screens, .vindo~• ~ shades, storm doors anc' 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 thereto or not); and also togerher with all eascments and the rents, issues and profits of said premises which are hereby pledged, assigned, transferred and set over unto the Mortgagee, whether j now due or hereaf,er to become due as provided in the Supplemental Agreement se~ured hereby. The Mortgagee is here5y subrogated to the rights of all mortCag es lienholders and owners paid off by pro- ceeds of the loar: hereby secured '~(r ~09 YA~,i i:f.~5 ~ ~ _ - F ~ ~ _ a.. ~ ~,z~_.~_.,,_ . ..s~ _ . .