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2'7038'~
THIS i'~STRV\1ENT PREPARED BY
--C1Yde P. _Plat~- -
5ecw~ty Fcdera~ Savi~gs d ~oan Assx~at~on M O R T C A G E
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of Ind~m1 R~vrr County
S~xth Avenue and Twcnty F~rsf Slrect '
vc:a 9exh. Flor~da 32960 Lp~3n NO. 1-080 _
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THE UNDERSIGNED, _ . - - - - - - - _ _ - - -
VIRGIL F. GOING and VIRGINIA N._GOING, his wife
of FortPie~ce Countyof_____St. Lucie State of Florida, hereinafte~
•eferred 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 unde~ the
taws of the United ~tates of America, hereinafter ref~~rred to as the Mortgagee, the following real estate
~n the County af St . Luc ie___ _~n the State of Florida, to wit:
Lots Thirty-six (36) and Thirty-sev.en (37), Block 6,
INDIAN RIVER ESTATES, UNIT TWO, according to the plat thereof
as recorded in Plat Book 10, page 46 of the Public Records of
St. Lucie County, Florida. ?
~STAT 'F FLORlIQA ~
U~~11MEN1ARr~'::~,STAMY Tl~x j
c°;-~ °O DEP7. pi REYENUF
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~ Q ;Iti02
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RECEIYED - ~ IN PAYMENT pF Tl~(E~
WE ON GASS 'C INTANGIBIE PEP~';AL PRO?ERIY~
' PURSIlAMT TO G:lprco ~~.13'. AC~~ ~F 1911. ~jl
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~ CIERK CI!`iCUli CUJ%ti, SI. L:;:;tE OC. ~tA
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; If a conveyance shoul~i be made by the m~rtgagors of the premises herein dexribed, or any part
~ there~f, wit~out the written consent of the Association, and without assumption in regular form of
~ law Fy the grantee of the obligations to the Association created by ~aid 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
~ and assumption until and unless satisfactory financial reports'and other personal data required by the
~ Assoc~aticn 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 roleased
~ the mortgagor hereunder from any liabilit~ ~ereynd r, The Association may deal with successors in in-
~ ter~st with reference to this mortage and the d`et~~hi~reb~l.s~ed 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
otl~erwise act without discharging or in any way affecting the liability of the morigagors hereunder
_ or upon the debt hereby secured. The Association may also deaf with the Mortgagors and/or with
successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
sue, extendinh the time for payment of the debi, 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 holders 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 herea: ter erected there-
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~ on or placed the~ein, inctuding ail apparatus, equipment, fixtures or articles, whether in single units or
centrally cont~olled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter therein or thereon, including screens, ~vindow~
~ 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 thereto or not}; and atso together with all easements and the rents, issues and profits ~f
said premises which are hereby pledged, assigned, transferred and set'over un!o ihe Mortgagee, whether
~ow due or hereaf;er to become ciue as provided in the Supplemental Agreement secured hereby. The
Morigagee is hereby subrogated to the ~ights of all mortsages, lienholders and owners aid of~ by pro-
ceeds of the Icarz hereby secured 1~ k '
~~J~ i'~ill ~