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~ 2'70428 _ -
THIS i\STR'.'\tENT /'REPAREO BY
Clyde P. Platts
i«~.~~vi cex.ai
sa~:~c: e i~ ns~~,n~~ M O R T C A G E
of Ind~on R~ver C~x.nt~
S~xih Avenuc and Twcnty f~nt Stretl
Vrro Bcach, flor~da 3~960 ~ 084
. Loan Na _ _ _ _
THE UNDERSIGNED, - - - - - _ - -
WOOD~ BEARD AND ASSOCIATES, INC. A FLORIDA CORPORATION
~ f Fo r t P i e rce County ot_-_ S t. Luc i e_____, State of Fiorida, hereinafter
refcrred to as the Mortgagor, does hereby mortgage ~nd war~ant to SECURITY FEDERAL SAVINGS ANO _
LOAN ASSrJCIATION OF If~UTAN RIVER COUNTY, a corporation organized and existing unde~ the ~
laws of the Ur.ited ~tates of America, hereinafter re f~rred to as the Mortgagee, the following real estate f
~ ch° ~ounty of S t. LuC i e in the State of F lorida, to wit:
Lot 13, Block 1, PARADISE PARK ADDITION, as per plat
thereof on file in Plat Book 8, page 36, of the Public
Records of St. Lucie County, Florida ~
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~ STAT E-'~ F~,--~ R ~[7 t'-1
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; . RECEIYED IN PATMENT OF TAX3 ~
~ DIIE OH CIAS$ 'C' lNTA.MGlBlE Pf i$0:4~1 pgp,pERf
- - PI1&SZIANT TO CY„9P(ER 71-i34. 1k:T5 Of 1911. -
E R06ER PIDITRAS ~'l1~
' Ct-ERI( CfRCl11T Cq1RT, Si. LUC~ pp, ~ ~
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~ If a conveyance shoul~l be made by the m~~tgagors of ~the premises herein described, or any part
thereof, wit!~out ths wri!ten conse~t of the Association, and without assumption in regular form of
~ law t-~ the grantee of the obligations to the Association created by said promissory note and this mort-
~ gage, then, and in that event, and at the option of tne Association, and ~vithout notice, all sums of
~ money secured hereby shall immediately and concu rrently with such conveyance become due and pay-
~ able and in detault. The Association reserves the right to withhold consent to any such conveyance -
~ ar~c! assumption until and unless satisfactory financial reports and other personal data required by the
~ Assoc~atian are furnished to the Associat:on by the party acquiring title to the premises, or any part
thereof_ By giving its consent to such conveyance, t he Association shall not be deemed to have released
the mortgagor hereunder from any liability hereunder. The Association may deal with successors in in-
~ t~r~st 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
~ otF~erwise act without d~scharging 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
;7
successors ~n interest with reference to this mortgage and the debt hereby secured by forbeari~g to
_ sue, extendin~ the time for payment of the de~*, providing for different monthly payments and/or a
~ dif ferent interest rate, and by other express modi fications 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. L . . j ~ , .
~ -
Together with all ouildings, impravements, fixtures or appurtenances now or hereaiter erected there-
on or piaced there~n, includinb all ap~aratus, ecuipment, fixtures or a~ticles, wheti~er in single units or
Q~- centrally controlled, used to supp{y heat, gas, air conditioning, water, ligh[, power, refrigeration, ventila-
~ tion or other services, and any other thing now or hereafter therein or thereon, including screens, windov?• J
~ shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of which are intended to be and are here5y dec lared to be a part of said real estate whether physic-
~f ally attached thereto or not); and also togethe~ with atl easements and the rents, issues and profits af
~ said premises which are hereby pledged, assigned, transferred and set over unto rhe Mcrtgagee, whether
now due or hereaf;er ta become due as provided in the Supplementa! Agreement secured hereby. The
Mortgagee is hereby subrogated to the rights of all mortgages, iienholders and owners paid off by pro-
- ceeds of the Iear, hereby secured BOOK P~~E236~