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HomeMy WebLinkAbout2564 TN1, .•.1T1:' ~.'ENT E'RENnREO B~ Clyde _P :_Platts 2~'26a56 s~•~~~~rw s~~:~a: a ~~..u, n:s.~~~~ M O R T G A G E InJ~JII ~t~a•I Cvuflly S~.th Ave~uc and Twcnty f~nf $frccf Ecxh Flor~.fa 32%0 ~ ~Q~ Loan Na THE UNDERSIGNED, - - - - - _ AM~R I CAN HOMES b MQRTGAG~_,_ 1 NC, a F 10~- i da corpora t i On ~f F t. P i erce , County of_____St . Luc i e State of Florida, hereinafter referred to as the Mortgagor, dues hereby mortgage and ~varrant to SECURITY FEDERAL SAVINGS A~JD LOAN ASSJCIATION OF I(~DIAN RIVER COUNTY, a corporation organized and existing under ~he laws of the Unitecl ~tates of America, hereinafte~ re f->rred to as the Mortgagee, the fo~lowing real esta'e ~n the Counh cf St . LuC i.e_ in the State of Fiorida, to wit: Lot Six (6), Block One Nundred Sixty (160), LAKEWOOD PARK, Unit Twelve, according to the plat thereof, as recorded in Plat Book 11, page 26A, Public Records of St. Lucie County, Florida. - - f`L ~~a~;~ T~ ~ S~AM~'-- - ~ 'r -r-~j~p`MENjp`RY:~'•`~ ~X ~ ; ~ = ~ 3. 5 0 ~ - .s~-1:: T ~ ~ N tP.B„ _ o o'~ r~rv`rt oF t+u~ S'- r ~•~TpNt.IBLE ~E..:,u•: .1. P."•0?ERn~ ~ ,y ~ER 7l•13d. l1CiS OF 1911. ~?I`T ' pURSUI~S TO CHAQ ~ ~ ~ ROGER PU~j~ ~ ciac~~rt ~j~ Si. ~?E m` ~ . t ~ S ~ i ~ ~ % 9 B ~ 4 ~ . ~ If a conveyance shoulri be made by the rr~rtgagors of t~he premises herein described, or any part ~ thereof, wit!~out th~ v.ritten censent 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- ~ ga~e, then, and in that event, and at the option of the Association, and without notice, alf sums of ; money secured hereby shall immediately and concurrently with such conveyance become due and pay- ~ able and in default. The Assoc~ation reserves the right to w~thhold consent to any such conveyance ? an~' assumpt~on until and unless satisfactory financial reports and other personal data required by the s Assoc~aticn are furnished to the Association by the party..acquiring t~tle to the premises, or any part a rhereor. By Q~vin~ its consent to such conveyance, the Association shalf not be deemed to have released ; the mertga~or hereunder fron~ any liability hereunder. The Association may deal with successors in in- terest with reference to this mertage and the debt hereby secured in the same manner as with the ~ mortgagors, and may forbear to sue or may exterd time for payment of the debt, secured hereby, or ~ ; otF~erw~se act without d~schar~ inr~ or in any way affectin~; the liability of the mortgagors hereunder - or upon *he debt hereby secured. The Association may also deal with the Mort~agors and%or with s~c_cessors ~n interest with reference to this mortgar~e and the debt hereby secured by forbearing to sue, extendin ; 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 thc: Association has over other mort~agees or lienors or holders of any junior interest in the property = secured hereby. Tegether with all ouildings, ~mprovements, fixtures or appurtenances no~v or her~aiter erected there- on or placed ihere~n, ~ncludin~ ~il apparatus, ecuioment, tixtures or articles, ~vhether in sin~;le units or - centrally controtled, used to supply heai, gas, a~r conditioning, water, light, power, refri~eration, ventila- tion or other services, and any other thing now or hereafter therein or thereon, includ~ng screens, ~v~ndow shades, storm doors and ~vindows, floor coverin5s, screen doors, awnings, stoves and water heaters (all of which a:e ~ntendec! ~o bc and a-e hereby declared to be a part af s~id real estate whether phy,ic- ally attached thereto or not); and also to~;e~her with ail eascments and the rents, issues and profits cf said premises wh~ch ~re hereby p1ed~;ed, assigned, transferred anc; set ove: unto ~he Mertgagee, whether now due or hereaf ter tc become ciue as provided ~n the Supplementa! Agreeq~ent ser_ured hereby. The Morigagee is hereuy subrogated to the rights of all mort_;ages, lienhulders and owners paid off by pro- ceeds of the !car: ~~ereby ~ecurecf £CCK r aG; ?tJUa7 ` 5 - : r ; _ ~ ; .