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THIS INSTRUMENT PREPARE~ BY:
C1Yde P. Platts
s°`"''^' F°°a`a~ s'r'"p a`°'" A"°".''°" M O R T G A G E
of Indian River Cou~?tY
Sixth Avaw~e and Twenty Finf St?eet
Vero Beach, Flaida 32960 6
Loan No._~-_~~__--
THE UNDERSIGNED,_E• H. KLUEPPELBERG. Jr~ and SHARON L. KLUEPPELBERG, his wife and
RICHARD C. HARRIS and MARY ELLEN HARRIS: his wife :
Fort Pierce St. Lucie ~
of___~__ _ Countyof , State of Flo~ida, hereinafter ~
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referred to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND ~
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the
laws of the United States of America, hereinafte~ re ferred to as the Mortgagee, the following ~eal estate
in the County of_ St. Lucie in the State of Florida, to wit:
Lot Seven (7), Block 1 SUNRISE HOMESITES SUBDIVISION, according to ,
the plat thereof as recorded in the office of the Clerk of the
Circuit Court in Plat Book 13, page 14 of the Public Records of St. ~
Lucie County, Florida.
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' ~ ~ ~ ~p q1AP~ER 71•134. A~CTS Of 181L }
sQf ~ - ~T R06ER tORRAS ~
(~RK GR6UIT p0UR1. ST. WCIE OQ. FLA.
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If a conveyance should be made by the mnrtgagors of the p~emises herein described, or any part ~
thereof, without the written consent of the Association, and without assumption in regular fQrm of
law hy the grantee of the obligations to the Association c~eated by said promissory note and this mort- :
gage, then, and in 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 ~
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and assumption until and unless satisfaciory financial reports and other personal data required by the
Association are furnished to the Association 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 mortgagor hereunder from any liability hereunder. The Association may deal with successors in in-
terest with reference to this mortage and the d~bt. herQb~y sec.~Ired ir the same manner as with the
mortgagors, and may forbear to sue or may extend time for payment of the debt, secured hereby, or
ott~erwise act without discharging or in any way affecting the -liability of the mortgagors he~eunder ~
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, extending the time for payment of the debt, providing fo~ different monthly payments and/or a
different interest rate, and by other express modifications of the contract, without losing any priority ~
the Association has over other mortgagees or lienors or holders of any junior interest in the property
secured hereby.
Together with all buildings, improvements, fixtures or appurtenances now or hereafter erected there-
on or placed therein, including all apparatus, equipment, fixtures or articles, whether in single units or
centratly controlled, used to supply hea[, gas, air conditiening,.water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter therein ar 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 pait of said real estate whether physic- t
ally attached theretc or not); and also together with all easements and the rents, issues and profits of
said premises which are hereby pledged, assigned, transferred and set over unto the Mortgagee, whether
now due or her~afrer to become due as provided in the~upple;r~ental Agreement secured 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. BOC'/ rA(,E~~3~
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