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Home My WebLink About2824 V~ ~a~~~a~ ~ Tiiii "STR' '~~'T ~'RCVAREO 81 _Cly_de P, Platts _ ~tYUf~~y FfdCld~ Sanngs A L~~an As,x~~~.~~~ M O R T C A G E Suppl ementa 1 to Loan. I1577 ut In.,~,.xi R~V.`t CJUnIy S~.th Avenue arW Twrnty F~nt Street ~cro f•cach Flor~da 32960 99 ~ Loan No. _ THE UNDERSIGNED, _ _ _ _ _ _ . MARTIN C. HERNDON and_MhRTHA S._HERNDON, his wife of F t. P i erce County of_-._S_L . Luc i e State of Florida, hereinafter refcrred t~~ as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND LOAN ASSaCIATION OF It~DiAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter ref~rreci to as the Mortgagee, the foilowing ~eal estate ~n the County of St. luc_ie___ in the State of Florida, to wit: Lots Five (5), Six (6), Seven (7), Eight (8), Nine (9), Twenty-three (23), Twenty-four (24), Twenty-five (25), Twenty-six (26) and Twenty- seven (27), of OLEANDER PARK, according to the plat thereof on file i~ Plat 6ook 9, page 76, of the Public Records of St. Lucie County, Florida.~ This is a second mortgage and is subject and inferior to that certain mortgage made by MARTIN C. HERNDON and MARTHA S. HERNDON, his wife in favor of Security Federal Savings and Loan Association of Indian River County, dated May 31, 1972 and recorded in Official Record 6ook 202, page 2783, Public Records of St. Lucie County, Florida. Arty default in said first mortgage shali automatically constitute a default under this mortgage. R1DA1 " STATE ~F ~L~ ~ ~.1 . ~ STAMP ' OOCUMENSARY` r. Z w----y'_ NUE ~ l~fPi. UF REYE r~ ~ 4 5. Q 0 i ~N exrYE~tt ot d ~ - _°T~ ` C / ~ ~iJa'~ tRO~ERna :~c .r - ?s. ^ ~ ~ ~ IIITAN91 , ~ ~ 1!/1. ~Ijl / ~ ° ^ R~ pu~RS1i+?MT TO lo~RAS K f/ - p~+c c~apt oo~?ra. St. u~ ao" If a conveyance shoul~l be made by the m~rtgagors of the premises herein described, or any part thereof, wit`,out the written consent of the Association, and without assumption in regular form of law t-y thP grantee of the obligations to the Assxiat~on created by said promissory note and this mort- ga~e, 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 cencurrently with such conveyance become due and pay- ~ able and in detault. The Associat;on reserves the righi to withhold consent to any such conveyan~e ~ ar~~ assumption until and unless satisfactory tinancial reports and other personal data ~equired by the ~ Assoc~aticn are furnished to the Association by the party acquiring title to the premises, or any part E thereo4. By ~~Ling its consent to such conveyance, the Association shall not be deemed to have released the mortgagor hereunder from any liability hereunder. Tfie Associati~n may deal with successors in in- ter~st ~vith reference to this morta~e 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, qr otf,erwise act ~vithout discharging or in any .vay affecting the liability of the mortgagors hereunder - or upon the debt hereby secured. The Association may a!so deal w~th the Morigagors and/or with successors ;n interest with reference to this mortga~e and the debt hereby secured by forbearing to - sue, 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, without losing any priority th~ Association !~as over other mort~agees or lienors or hoiders of any junior interest in the property secured hereby. - Together with ali bu~ld+ngs, improvements, fixtures or appurtenances now qr herearter erected there- on or placed there~n, inciuding all apparatus, eguipment, fixtures~or articies, whet!:er in single units or centrally control~ed, used to supply heat, gas, air conditioning, water, (ight, power, retrigeration, ventila- - tion or other services, and any other thing now or hereafte~ fiherein or thereon; including screens, window~ : shades, storm doors and windows, ftoor coverings, screen doors, d~ynings, stoves and ~vater heaters = (ail of which are intended ia be and are here5y declared fo be'a`perf'of s3idJ~al estate whether physic- , ally attached therefc ~~r not); and also to~ether ~-ith all eascment; and the rents, issues and profits cf = said premises .vhich are hereby pledged, assigned, transferred and set over unb the Mcrt~agee, whether now due or hereaf;er tc become ciue as provided in the $upplemental Agreement secured hereby. The Mortgagee is here5y subrogated to the rights of atl mort~a~es, I~enhc,lders and owners paid off by pro- ~ ceeds of the lear. hereby secured ' 1 i*'~ ~ ~.~~J ' ! / , _ ~ ~ - ~ ~ ~ ~y _