HomeMy WebLinkAbout0794 r .
TNtS ItiSTRU~tENT PREPARED BY ~
_C~de P._ Platts 2i~~•O
s~w~~Y c~.a~ Savinga S Loan ~s~«:~t,.., M O R T G A G E 1
ot In;f~an Rrvrr ca.nty
S~xth Avc~ue and Twe~ty Fust Street ,,~p
\'ero Beach. flonda 32960 Lp,~n NO. O -
THE U~IDERSIGNED, _ _ - - - - _
. __RONALD _L._STUTZ and CAROL_ D._ STUTZ,_ his wife _ _ _ _ _ _ _
of Port St, Luci_e__ Countyof S_~. Luc_ie , State of Florida, hereinafter
refer~ed to as the Mortgagor, does hereby mortgage and ~varrant to SECURITY FEDERAL SAVInGS AND
LOAN ASSOClATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the
laws of the United ~tates of America, hereinafter ~efarred to as the Mo~tgagee, the following real estate ~
~n the County of_ ___St Luc i e in the State of Florida, to wit:
Lot Twenty-Three (23), Block Sixteen (16), RIVER PARK, Unit Two (2),
according to the plat thereof, as recorded in Plat Book 10, page 72, ;
of the Public Records of St.`•Lucie County, Florida.? ~
. ;
~
- STATE ~F F1.r RID~ ~ ~ ~
Tp P rn>:1
" - DOCUMEN'fARY,~`~~...- S
M -
t,- ~ y ~
~ .
pEPT_ Of REYENUE''t
~ = =~2~~*~ r. _49.50 i
n c~ - pi,
~ ~t~at ~`:ia: ~ :
o ~
E
- Rac~v~ - ° ° ~ ~niExr oF ~wt~
aE oh aus ~ uR~ns~e~ ~ ~wareRn,
PuRStMt~r io aw~ha n-i3t. ~s a iul. ~ ~
ROGEti PORIUI~ .
QFJM( CINCtI~i OQ'J111. SL LYI;lE 00., FlA
- i
! ~ .
i ~ ~
e
i
9
t
If a conveyance should be made by the mnrtgagors of ihe premises herein described, or any part
thereof, without the written consent of the Association, and without assumption in regular form of
~ law t~y 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 the Association, and witheut 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 tinancial reports and other personal data required by the ;
Association are furnished to the Associatien 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 released
the mortgagor hereunder from any liability hereunder.,The Association may deal with successors in in- '
terast with reference to this mortage ahd the debt:her~y,~~ured in the same manner as with the ~
mortgagors, and may forbear to sue or may extend• 4ime for payment of the debi, secured hereby, or ~
otF~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 deal with the Mortgagors and/or with
~ successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
- sue, extendinb the time for payment of the debt, providing for different monthly payments and/or a
~ difFerent interest rate, and by other express modifications of the contract, without ~osing any priority
~ the Association has over other mortgagees or lienors or holders of any junicr interest in the property
~
~ secured hereby.
~ Together with all buildings, improvements, fixtures or ap~urtenances now or herearter erected there-
~ on or placed therein, including all apparatus, equipment, fixtures or a~~icles, whether in single units or
~ centrally co~trolled, used to supply heat, gas, air conditioning, water, light, power, ~efrigeration, ventila-
tion or other services, and any other thing now or hereafier therein or thereon, including screens, window
shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of which are intended to be and are hereby dec lared to be a part of said real estate whether physic-
ally attached thereto or not); and also together with all easements and the rents, issues and profits of
said premises which are hereby pledged,' assigned, transferred and set over unto the Mcrtgagee, whether <
now due or hereafter to become ciu~ as provided in the Supplemenial Agreemeni secured hereby. The ~
Mortgagee is ~reby sub~ogated tathe rights of all mortgages, lienholders and owners paid off by pro- ?
a ~ ~79~)
~ ceeds of the }ear, hereby sec:~red. ~O~K ~!„5 P~~E
- _ _ _ . ~ ; -
a'~~ ' a^:~-'~'->x .~,;~.sr'~~^~-4a.-.~~;. ~ ' -
n'"..~
' ~ `E~ '3
~ ~~'SF' _
-L _ ~ ~ _ ~d~ _