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THIS t~SiRUAtETlT PREPAREO BY
Stcwity Ftdcral SOr,n~y b Loan ASSC:~at.~., M O It T G A C E
of 1?W~ar. R~ver CountY
S,aM Avmue arW Twenty F,rst S~~eet
Ver~ Bexh, f~~~da a?960 86g
Loan No._ _ _ ~ _
THE UNDERSIGNED, . . _ - - - - - '
--3~:na~.in_~;._~.:i.ke1J._-„i~
~l~ie--_,~ :ike]_l, liis ~:ife
of i or~ _ _ County of ~t,_ ~ucie _ , State of Ftorida, I:e~einaher
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referred to as the Mortgagor, does hereby ma~tgage and ~varrant to SECURITY FEDERAL $AVINGS AND
LOAN ASSJCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the ;
laws of the Un~ted ~iares of Ame~ica, he~P~nafter re f?rred to as the Mortgagee, the fatlowing real estate
~n the County of L.u~'~-e__ in.the State of Florida, to wit: ~
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Lot j, oi. ~~~.:5 ~J T~';_1^~;, ~.s ~ ner plat thereoi ;
on iile ~ n?lat ~~~ook 4 at pa;;e u4, of the -pub- ;
lic records of :~t. Lucie CotL*~ty, ~'lorida.
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s ~Aa~ •boR C~ ~ L?? A` ~ IN PAYIAEMe.OeF ~~p~ ;
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_ ~r.wvc ~ TO l~i~°,c4 71-13!. ACjS Of 151~ -
e,o
o ~ voirw+s
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_ er ~~r~o2 ~ q,EAI cIRGtIT CUURT. sr. uN:~E C0.
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If a conveyance should be made by the rru~rtgagors of the premises herein described, or any part
thereof, wittiout ths wriitPn consent of ihe Assotiat~on, and wiihout assumption in regular form of
la.v h~ the grantee of the obligations to the Association cr;:ated by said promissory note and this mort-
gage, the~, and in that event, and at the cption of the Association, anc! without notice, all sums of
money secured hereby shall immediately and concurrently with such conveyance become due and pay-
able and i~ default. The Association reserves the right to withho(d consent to any such conveyance
a?~d assumption until and unless satisfactory financ~al reports and ather personal data required by ihe
Assoc:ation are fumished to the Association by the party acquiring title to the premises, or any part
' thereaf. By giving its consent to suct~ conveyance, the Assoc~ation shall not be deemed to have released
the mertgagor hereun~+er from any liability hereunder. The Association may deal with successors in in-
teresr with reference to this mortage ard 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
otherwise act without discharging or in any way affecting the liability of the mortgagors here~nder
or upon the debt hereby secured. The Asscx+ation may also deal with the Mortgagors and/or with
successors in interest with reference to this rnortgage and the debt hereby secured by forbearing to
sve, exiendinr the time for payment of the debt, providing for different monthly payme~its and/or a
different interest rate, and by other express modifications of the cont~act, w-ithout losing any priority
the Association has ove: other mortgagees or IienorS or h~lders of any junior interest in the property
sPCUred hereby.
Tcgether w~th al~ ou~ldings, +mprovements, fixtures or appurt~nances now or hereaiter erected there-
on or placeo there+n, ;ncluding a!I apparatus, equ+pment, fixtures or articles, w•het4ier in single units or
centrally controlled, used to supply heai, gas, air conditioning, rvater, ligh~, power, refrigeration, venti:a-
tion or other services, and any other thing now er hereafter therein or thereon, including screens, win~oK-
shades, storm doors and windaws, floo~ coverings, screen doors, awnings, stoves and water heaters
(all ot which are intended so be and are here'ay declared to be a part of ~aid real estate whether physit-
ally attached thereto or not); and also together with all easements and the rents, ~ssues and profits of {
said premises which are hereby pleciged, assigned, transferred and set over un~o ihe Mortgagee, whether
nov~ due or hereaf;er to become ciue as pro~~ided in the Supplemental Agreement secured hereby. The
Mortgagee is hereby subrogated to the rights of all mortgages, lienho~ders and owners paid off by pro-
teeds of the lcar-; hereby secur~d ORK211 PACf 155:~
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