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HomeMy WebLinkAbout2118 ~ 1NIS :'.S~R' ~!ENT VREPAREO b~ ~~~363 ___Cl~de_P, Platts Secwity ietilrrdl s~~,~sS b ASS~,~~.~>~ M O R T G A G E of In;]~an R~vr~ County S~Kfh Avenue anc) TM~~fy Fuet Strce? ve.~ F~ r~n Fio,~~~ 3zvoo Loan No. ~ 094 - THE UNDERSIGNED, - - ~ - - RONALD R. ALBERT.S a[Ld SANQRA R. _AIBERTS . h i s w i f e ,f Vera Beach , Countyof _ tndian Rtver State of Flo~ida, hereinafter ~efcrred to as the tviortgagor, does hereby mortgage and ~varrant to SECURITY FEDERAL SAVIt~GS AND LOAN ASS:?CIATION OF IIvDIAN RIVER COUNTY, a corporation organized a~d existing under the !aws of the United ~;ates of America, hercinafter re f~rred to as the Mortgagee, the following real estate •n rhe Countv c~f I nd i an R i yer._ ;n the Srate of Florida, to wit: Lot Eighteen (18), Block 90, LAKEWOOD PARK UNIT N8 as per plat thereof recorded in Plat Book 11, page 19, of the Public Records of St. Lucie County, Florida. ~ e ~ RfCE~YED IN PA1fMEM Of TAXES DUE ON CIASS 'C INTANGIBLE PERSONAL PROPERTY, ' PURSUIWT TO CWIPTER 71-134. ACTS Qf 1971 c~/ f . . ROGER POITRIIS a CLERK CIRCUR COifRT, ST. LUCIE C0~ Eu i i~ _ i > STATE ~F FL~J' R~~ I I ``l OOCUMENTARY~°~~`,Si<+M~' 'l > ~ cZ Oc?:. Ui kEYE71iUE ~:'r.~ 3I' ~ I t` - - - - ` ~ ~a t ~ _ - ~i i~ t l'7~ , N =ps, 1~ 46.50t ~ = tur,? 1 . 0 ~ ~ ~ ~ ~ If a conveyance shouiri be made by the m~rtgagors of the premises herein described, or any part ~ th~ereof, w~t'~out th° Wfl~tP(1 consent of the Association, and without assumption in regular form of ~ faw t~~ the ~rantee of the obli~ations to the f~ssociation created by said promissory note and this mort- ~ ga~e, then, and in that event, and at the option of the Assoc~ation, and without not~ce, all sums of ~ money secured hereby shall immediately and concurrently with such conveyance become due and pay- ~ able and ~n defaul~. The Associati~n reserves the right to withhold consent to any such conveyance ar~d 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 g~ving its consent to such conveyance, the Assoc~ation shall not be deemed to have released the mort~;agor hereunder from any liability hereunder. ?~he Association may deal with successors in in- ' terest with reference to this mortage and the debt hereby secured in the same manner as with the - ~ mortgagors, and may forbear to sue ~r may extend time tor payment of the dcbt, secured hereby, or ~ r~ otl~erwise act w~thout d~scharging or in any way affectin~ the liability of the mortgagors hereunder ~z or upon the debt hereby secured. The Association may also deal with the Mortgagors and/or with ~ successors in interest with reference to this mortga~;e and the debt hereby secured by f~rbearing to sue, extend~n~ the time for payment of the debt, providing for different monthfy payments and/or a different interest rate, and by other express modifications of the contract, without losing any priority tht Assaciation has over other mortgagees or lieno~s or holders of any junior interest in the property secured hereby. Tcgether with all b~ild~ngs, improvements, fixtures or appurtenances now or hereaiter erected there- on or placed therein,~ includ~ng al! apparatus, equipment, fixtures or articles,.~vheiher in s~ngle units or ` centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refri~eration, ventila- tion or other services, and any other thing now or hereafter therein or thereon, incluciing screens, windo~~ V~`:' shades, storm doors and windows, floor coverings, S~r~en~ doors, awnings, stoves and water heaters t~:; (all of which are ~ntendec~ ~o be and are hereby declared to be apart of~~~d~al estate whether physic- `-Y':5 ally attached theretc or not); and als~ tosether with all eascments and the rents, issues and profits af said premises which are hereby pledged, assigned, transferred and set over unto ihe Mcrt~agee, whpther ~y ti';; no~nr due c~r hereaf;er ta be,cQm~ due as provided ~n the Supplemental Agreement secured hereby. The Mortgage~~s~he~4b~(•subrQgated to the rights of all mort:;a;es, lienholders and owners paid off by pro- ceeds of the loa~: hereby secured 0 i~ ~3~~~ ~ cas ~ _ - - cCI.K ~~r 'rA~i ~ K _ ~ , - : ` , , : . _ _ - m~ ;