Loading...
HomeMy WebLinkAbout0788 ~ / THIS ~':STF'_~tENT PREPAREO B~' • ~'7~409 _ CI_yde P. _Platts _ $ecunty federa+ Savinga A Loan Assoc,a?~o•~ o+ i~,a~, a,~. ca.~rY M O R T C A G E S~rth Avenue and Twenfy Frtst Slreet • Vero Bexh, ilonda 32960 Loan No.- ~ Q9~ _ TF-lE UNDERSlGNED, _ - - - - - - - . - - - ALLEN R. _ OSTEEN and JOY N. _0_S.TEEN, h i s wi fe af Ft. Pierte _,Countyof_ St. _~ucie__ , State of Florida, hereinafter referred to as the Mortgagor, does hereby mortgage and warrani to SECURITY FEDERAL SAVINGS AND LOAN ASSJCIATION OF It~DIAN RIVER COUNTY, a corporation organized and existing under the laws of the United ~tates of America, hereinafter re f~rred to as the Mortgagee, the following ~eal estate ' ~n the Cvunty ot St Luc i g_,__ _~n the State of Florida, to wit: t 1 Lots Five (5) and Eight (8) and the South one-half of Lot Four (4), Block Nine (9), OAKLANO PARK SUBDIVISION, according to the p-lat thereof, as recorded in Plat Book 2, page 7, of the Public Records of St. Lucie County, Florida.` . ~ ~ ~ ~ 111 PAY11'E1R t~ tl~ pER90~ ~ROPFR R~a~ iNTll(161dLE Ly/ l. ~l ~ ~ T~R 71-1'u. l1Cj3 ~ ~ ~ ~~IfT ~ p1T. ~Q ?C1~1"r ' GO . fU- ,(~p~( C1Rf11. Ij CUiiR~. 5~. luti!i. v n~ STATE aF F~ORiDA t o= DOCtJMEIdTARI' ~ S-~TA M P t A}; . ~-y ~.q ".y~ ~ = aEPT_ OF RfVEf~tUf ~f';' S.~i = ea = '''`'tr~3 ~i . ~ 6 Z. Z 5 ~ s' - o =~un2 . ~•,"M~ " ~ ~ ~ . ~ If a conveyance shoutd be made by the m~rtgagors of the premises herein dexribed, or any part thereof, wit!~out th~ written consent of the Association, and without assumption in regular form of taw hy the grantee of the oblegations to the Association created by said promissory note and this mort- gage, ihen, and ~n that event, and at the option of the Association, and without notice, all sums of money secured hereby shail immediately and concurrently with such conveyance become due and pay- able and in defautt. The Association reserves the right to withhold consent to any such conveyance and assumption until and unless ~atisfactory financial •reports and other personal data required by the Associatien 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 shal! not be deemed to have~eleased . the mortgagor hereunder from any liability hereunder. The Association may deal with successors in in- terest with reference to this mortd~e ac~d.T,~ie~deb( ~h~t~y secured in the same manner as with the - mortgagors, and may forbea~ to sue or may extend time for payment of the debt, secured hereby, or otF~erwise act without discharging or in ar?y way affecting the liabiiity of the mortgagors hereunder or upon the debt hereby secured. The Association may also deal with the Mortgagars and/or with successors in inserest .vith reference to this mortgage and the debt hereby secured by forbearing to svc, extending the time for payment of tF~e debt, providing for differe~t monthly payments and/or a different interest rate, a~d by other express modifications of the contract, without losing any priorify the Association has over other mortgagees or lienors or holders of any junior interest in the property setured hereby. Together with alt bui(dings, improvements, fixtures or aapurtenances now or hereaiter erected there- on or ptaced therein, inctuding all apparatus, equipment, fixtures or articles, whether in s;ngte units or centraliy controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila- tion or other services, and any other thing no~v or hereafter therein or thereon, including screens, windo~ti~ shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters (all of which are intended to be and are here5y declared to be a part of said real estate whether ohysic- ally attached thereto or not); and also together with all easements and the rents, issues and profits of said premises whirh are hereby pledged, assigned, transferred and set over unto ihe Mcrt~agee, whether now due or hereaf;er tdbedtltne due as prov~ded in the Supplemental Agreement ser_ured hereby. The Mortgagee is hereby s~.ibFogatedto"the rights of all mortgages, tienhotders and owners paid off by pro- ceeds of the learz hereby secured ' BGox Pqcf 7 ~ ~ ~ ~ ~ _ . ~ _ ~ _ .