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HomeMy WebLinkAbout1726 ~ THIS ~~:STRL~R!ENT PREPAREO Bl' ~/V?31S Cl~de P. _Platts__ Secw~ty Fedna~ Savings 8 toan Aswc:at~o~ M O R T C A G E Supplemental to Loan ~?905 ot ~no~~n R~.e. evunty S~Yth Avenue and Twtnty F~ri! Street ~•cro Beach, fta~da ?2960 ~,p.7n 1~0. ~ ~ ~ 4 _ THE UNDERSIGNED, _ , - - - - - - - - - _ ROBERT _N._ _ NEBEL, _ JR, and_BETTY _J._ HEBEL, h i s wi fc of Ft. _ P iet.ce_ County of~~.t. Luc i~.__ State of Florida, hereinafter refer~ed to as the Mortgagor, does hereby mortgage and wa~rant to SECURITY FEDERAL SAVINGS AND LOAN ASSJCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter ~e f?rred to as the Mortgagee, the following real estate ~n the County of St . Luc i e_~___ the State of Florida, to wit: lot Mine (9), 81ock Thirteen (13), LAKEWOOD PARK, Unit Two, accOrding to the plat filed in the office of the Clerk of the Circuit Court of ~ St. Lucie County, Florida, in Plat Book 10, page 56; said iand lying ~ i and being in St. Lucie County, Florida. y v - . ~ ~ IN ~A1fMEltf Of 111X~ ~ DUE ON Cl11SS'C IN7AN6181E PER90NAl ~RQ'ER[~ pU~11111T t0 q1~'TER Tl-13t. ACTS OF 19ii. ROGER PORWIS CLEItK EIRfXNT OOURi, S?. WCIE 00. ~ ~~..zt`'c This is a second mortgage and is subject and inferior to that certain mortgage made by ROBERT N. HEBEL, JR. and BETTY J, HEBEL, his wife in favor of Security Federal Savings and Loan Assotiation of lndian River County, dated March 28, 1973 and recorded in Official Record 8ook 212, page 1896, Public Records of St. Lucie County, Florida. Any default in said first mortgage shall automatically constitute a default under this mortgage. ~ STA7E nF FLORlDA ~ ox o DOCUMENTARY,i.,~-.;tSTAMP iAX ~ c-' DEP7. OF f~EYfHllf ~t~ T' PB = ~,~.s•~s ' 0 3. 1 51 - ~ ~ = tl,o? If a conveyance should be made by the m~rtgagors of the p~emises herein described, or any part ' thereof, wittiout th~ wri[ten consent of the Assaciation, and without assumption in regular fcrm of ~ law F• the rantee ot the obli ations to the Association created b 1 g g y said promissory note and this mort- ~ gage, then, and in that event, and at the option of the Associatian, and without notice, all sums of ' money secured hereby shall immediately and concu~rently with such conveyance become due and pay- ; able and in default. The Association reserves the right to withhold consent to any sucF~ conveyance i an~+ assumption ~ntil and unless satisfactory financial reports and othe~ personat data required by the ; Associatien are furnished to the Association by tf~e party acquiring title to the premises, or any part E tF~ereof. By giving its consent to such conveyance, the Association shall ~ot be deemed to have released ~ the mertgagor hereunder from any liability hereunder. The Associat;on may deal with successors in in- ` ter~st with reference to th;s mortage and the debt hereby secured in the same manner as with the ~ mortgagors, and may forbear to sue o~ may extend time for payment of the debt, secured hereby, or : otF~erwise act without discharging or in any way affecting the liability ot the mo~tgagors hereunder ~ or upon the debt hereby secured_ The Association may a~so 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 mon~hly payments and/or a ; dif~erent interest rate, and by other express modifications of the contract, without losing any priority ~ the Associa~ion has over other mortgagees or lienors or holders of any junior interest in the property secured hereby. ~ Tcgether with al( buildings, improvements, fixtures or appurienances now or herearter erected ihere- ~ ~ on or placed therein, inctudina a!I apparatus, equiptrt~nt, fixtures or:articles, whether in single units o~ centrally conirolfed, used to supply heat, gas, air condifioning, water, light, power, refrigeration, ventila- 9 tion or other services, and any other thing now or hereafter therein or the~eon, including screens, windo~n- shades, storm doors and windows, ftoor coveringsG ,s~creen doors, awnings, stoves and ~vater heaters (all of which are ~ntended to be and are hereby ~leefate~to~be ~~a~af said real estate whether physic- ally attached thereto 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 ihe Mcrtgagee, whether now due or hereaf;er to become due as rovided in the Supplementat Agreement secured hereby_ The Mortgagee is hereby ~~ated to th$ rfghts of all mortgages IiP1,F~l~~~n~ ~wo~.•~id off 6v oro- ceeds of the loar, hereby secured ~ pr~~~ ' ~ f~.~, . , ` cCC.. tACi ~ - ~ C ~ - - - ~ > ~ : ~ : ~ + . ~ ~ ~ . s~ _ ~ . ~ -u.,.~