HomeMy WebLinkAbout1842 z4~ooz ~ ~ ~ ~
THIS ihSTRUAfENT~PREPAREO 8Y. ' ~ ,
Clyde P. Platts
$ecwity Fcderal Savings b loan Assoc~af~on
ot R~~n co~~rY M O R T G A G E
S~ath Averwe and Tv.enty f~rst Sfreet p~~
Vero Besch. Fiwlds 32960 Loan No._
THE UNDERSIGNED.
-------_E!lSiE._N~ S~TTQI~nd JOAN L. SUTQN~ h i_s wi fe_
of __Ft.._P_ierce!_!___--,Countyof St_Lucie_____ , State of Florida, hereinaher
referred to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND
LOAN ASSUCIATION OF INDIAN RIVER COUNTY, a corporation organized and existi~g under the
laws of the United 5tates of America, hereinafter ref?rred to as the Mo~tgagee, the following ~eal estate
+n the County of.. S t. LuC i e in the State of Florida, to wit:
Lot Three ~3). 61ock Twenty-one (~i), itiVER PARK, Unit Two, ~
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according to the plat thereof, as recorded in Plat Book 1Q, page 72,
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of the Public Records of St. Lucie County, Florida.~ .
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R~CEtYED ~•~C IN PAYMEI~ OF TAXES
OUE ON ClJ1SS 'C' INTAN61BlE PERSONAL PIIP?ERIY. .
PURSUANi TO CF111PTER 71-134, ACTS OF 19)1.
°~~.ry:S
CiERK CIRGNT COURT, ST. UlClE OOi fLA
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If a conveyance shoul~i be made by the m~rtgagors of the premi :es herein described, or any part ~
therec~f, wit!~out the written consent of the Association, and without assumption in regular form of ;
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~ law hy ihe 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 Association, and without notice, a(I sums of
~ money secured he~eby shall immediately and concurrently with such conveyance become due and pay-
able and in default. The Association reserves the right to withhold conse~t to any such conveyance
~ and assumption until and unless satisfactory financial reports and other personal data reguired by the
~ Association are furnished to the Associatian by the party acquiring title to the premises, or any part
thereof. By giving 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-
~ terest wiih refe~ence to this mortage and the debt hereby sec~~red 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 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 ±
_ sue, extendinb the time for payment of the debt, providing for different monthly payments and/or a {
different inte~est rate, and by other express modifications of the contract, without losing any priority 3
the Association has over other mortgagees or lienors or holders of any junior interest in the property ~
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secured hereby.
~ Together with all buildings, improvements, fixtures or appurtenances now or hereaiter erected there- '
~ on or placed therein, including all apparatus, eGuipment, fixtures or articles, whether in single units or ~
centrally controlled, used to supply heat, gas, air conditioning, water, tight, power, refrigeration, ventila- i
~ 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 declared to be a part of said real estaie whether physic-
~r ally attached thereto or not); and alsa 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 hereafier to become ciue as provided in the Supplementat Agreement ser_ured hereby. The
Mortgagee is hereby subrogated to the rights of all mortgages, lienholders and owners paid off by pro-
~ ceeds of the loan hereby secured 21~ FACf ~J~V
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