HomeMy WebLinkAbout0570 THIS ~hSTR!~MENT PREPARED B\' ~~~S~v
Clyde P. Platts _
Seax~ty Federal SarinQs 8 loan Assoc~snen M O R T C A G E
of Ind~an Rwe~ CouMy
Sixth Avenue and Twe~ty F~rst Sfreef
Vero Bexh, florida 32960 No. _ 969 -
THE UNDERSIGNED, _EDMUND_0.__DILLIARD and PAULINE L,_ DILLIARD, his_ wife___ '
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of _ Port St . Luc i e_______, County of__ St . Luc_i e___T_ , State of Florida, hereinafter ;
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refcrred to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND ~
LOAN ASS~JCtATION OF INDIAN RIVER COUNTY, a co~poration organized and existing under the ~
laws of the United ~tates of America, hereinafter re f?rred to as the Mortgagee, the following real estate
~n the County of_ _ St Luc i e in the State of Florida, to wit: ~
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Lot 51, Block 32, RIVER PARK, Unit No. 4, according to the.plat filed in the +
office of the Clerk of the Circuit Court of St. Lucie County, Florida, in Plat
Book 11, page 9, said iand lying and being in St. lucie County, Florida.;_
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S ATE ~F FLOR1t~A~
o= ~OCUMENTARY SjA M P 1 A X~
°c'+ DEPT. OF REYENUE . ` '
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• ~ IN PAYAIEN7 OF TAXfc
~ pN qASS 'C INTAN6i8LE PERSJt:AI F80PER:1,
~ ~ ~~{~pTER 71-13~1. A~1~ (?F ly/l.
iIOGER r011W1~ `
q,ERK CIR6tNT fAURi. S~L.~~E ~0, f1A :
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~ If a conveyance should be made by the mnrtgagors of the premises herein described, or any part ;
thereof, wit!~out tho written consent of the Association, and without assumption in regular form of ~
law Fy the grantee of the obligations to the Association created by said promissory note and this mort- i
gage, then, and in that event, and at the option of the Association, and without notice, all sums of i
money secured hereby shall immediately and concurrently with such conveyance become due and pay-
2 able and in default. The Association reserves the right to withhold consent to any such conveyance ~
and assumption until and untess satisfactory 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 consenfi to such conveyance, the Association shal! 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 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 r
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~ ott~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, extendino 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, without losing any priority
the Association has over other mortgagees or lienors or h~tders of any junior interest in the property
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secured hereby. .
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~ Together with all buildings, improvements, fixtures or appurtenances now or nereaiter erecteci inere-
~ ~n or placrd therein, including all apparatus, equipment, fixtures or articles, whether in single units or i
centrally controlled, used ~o supply heat, gas, air conditioning, water, light, power, refrigeration, ve~tila-
~ tion or other services, and any other ihing now or hereattel' 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 hereby declared to be a part of said real estate whether physic-
~ ally attached thereta or not); and also together with all easerr1Qrlts 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 hereafier to become due as provided in the Supplemental Agreement secured hereby. The
R=r Mortgagee is hereby subrogated to the. rights of all mortgages, lienholders and owners paid off by pro-
c= ceeds of the loan hereby secured. 0 R~~~ C;
Be`-'r ~ ~
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