Loading...
HomeMy WebLinkAbout4594 w Tti1S ~`.STR':t~'ENT PREPAREO B~ ~~4659 --Cl~de P. _Platts - . Secw~W Frcfcrai Savtngs d lo.xi Assx~ano•~ M O R T G A G E of In~.~an R~vrr County S~ath Avcnuc dnd Taenfy fust Shecf Vcro Besch, flo~~da 32960 8~ ~ Loan No. _ - - THE UNDERSIGNED, - - - _ - - - - - - - - - - - - - - - - - - _ __BRIAN R, McCULLOUGH and MARY ANN McCULLOUGH, his wife ~ of Ft . P i~ rGe _ County of St . Luc i e _ , State of Florida, he~einafter ~ efrrred to as the Mortgagor, does hereby mortgage and ~varrant to SECURITY FEDERAL SAVINGS AND t(~AN ASSJCIATION OF IPIDtAfv RIVER COUNTI~'. a corporation orQanized and existin~ under the la~vs of the Ur.~ted ~tates of America, hereinafter re f~rred to as the Mortgagee, the following real estate ~ n the Count~ of S t._Lt~G in the State of Florida, to wit: Lot Fourteen (14), Block j~}~e~~(3~ SltHOMESITES, according ~i to the plat thereof, as recorded in P_lat Book 13, page 14, of the . - Publ ic Records of St. Lucie County, Flor'~i`da. . ~CENED~u~ oc ~~1MIT T ~H ~CI ~ p pAYMElYT pF.r . ~ • ~ ~~ER 71.1~, 6f,,J,'VA1 p,oOpE~ ~~K POITIL~ACis p~ ~9/1, CIAtx11T CW/RT. ST, ~ itj~.~ . JU A : STATE oF FLpRlDA t , o ~ ~QCtHNENtARY ~ ~STA~~T f ! afri. af ~vfHUf ~ o`,P~2= ~~_~z~~~~ 3 6. 0 0 i ~c ~ ~ ~ ~ € ~ a ~ If a conveyance shoulri be made by the m~rtgagors of the premises herein described, or any part ~ thereof, wit!~out th~ wri±ten co~sent of the Association, and without assumption ~n 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 in that event, and at the option of the Associat~on, and ~vithout notice, all sums of ~ money secured hereby shall immediately and concu rrently with such ccnveyance become due and pay- able and ~n default. The Association reserves the r~ght to withhold consent to any such conveyance ar~~ assumption untii and unless satisfactory financial reports and other personal data required by the ~ Asscciatien are fu.?nished to the Associatbon by the party acquiring 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 mertgagor 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 ~ otl~erwise act without d~scharging or in any way affecting the liability of the mortgagors hereunder ~ or upon the debt hereby secured. The Association may also deal w~th the Mortgagors and/or with suc.cessors ~n interest with reference to this mortga~e and the debt hereby secured by forbeari~g to = sve, extend~n ; 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, ~vithout losing any priority the Asseciation has over other mortgagees or lienors or holders of any junior interest in the property ~ secured herebv. Together with aii busldings, improvements, iixtures or appurtenances now or hereaiter erected there- on or placed there,n, includin7 all apparatus, ec;~j~pment, fixtures or articles, whether in single un:ts or centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refri~eration, ventila- tion or other services, and any other thing now or hereafter therein or thereon, including screens, windo~~ ~ shades, storm ~oors and windows, floor covermgs, screen doors, awnings, stoves and water heaters (all of which are ~ntended ~o be and are here5y dec lared to be a part of said reai estate wneiner pnysic- ally attached thereto or nct); and also together with all eascments and the rents, issues and profits cf s~: ~u said premises which are hereby pledged, assigned, transferred and set over unto ~he Mcrtgagee, whethe? ~r now due or hereaf;er te become ciue as provided in the Supplementa! A~reement secured hereby. The Mortgagee is here5y subrogated to the rights of al) rnort ;a~es, I~enholders and owners paid off by pro- . ceed~ of the lear. hereby ~ec~red ~~09 r~~~ 158~7 ~ ~ eo~r ~ , a,~_= 1,~ ~ *"'~`.~7-'-s ' = : ~ r s ~ ~~j ~!w * : c- f ~ a s.7 ~e~~~~~~3~~~.~'_~--..°: x ~~z_.~ . . . ~-,i'~--s ~'~'-f~?~.~