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HomeMy WebLinkAbout2181 RECE:~E~J s / 7~' r~~ ^A::'ct;i Oi TJU(ES a~- ' _ 'C' iN1ANGIBLE PER9pMAl P~O~~~(~ PURSUAM f TO CtiAYT~R 71-1 ~I. AC' ' ~F i., i • • TH1. ,~.zTr:~_n~evr VREPARED B~ ROuE3 Pi:1lYA•; , i ti•~'~~'~ r-. CIfRK CIRCUIT OOURi, Sf. LtlC1E pp., HA ~ t l J ~ Clyde P._ P1~~L~- _ _ • ~ ~ snw~rY F~,ai s~~~~~s a ns~~~~~.". M O R T G A G E ~ ! of Irw~an Rwrr Countv S~xth Avenue arwi Tvicen?y F~nt Streel ~ 1 7a rn \'~ro SexA. F~w~da 32960 . Lp.~n NO. ~ ~ . ~,.r-~ ~1-~C ~JNDERSIGNED, . - - - - - - - - ; ~ ' _ SPQRTSMAN _CENTEBr_LNC., _a_F1orI~a CorporatIon ~'t ~ of_ _Fort P i er~ce~ , County of_ S t. Luc i e , State of Florida, hereinafter ~ il+ 3 i i~ refcrred to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND ' z.> LOAN ASSOCIATION OF It~DIAN RIVER COUNTY, a corporation organized and existing under the i F - ~ ~ laws of the United ~tates of America, hereinafter ref~rred to as the Mortgagee, the following real estate `1= St. lucie d_~n the County ot _ in the State of Florida, to wit: _ _ ~a'_::{I;!!i ~ . S Z Parcel ~1: : ~ ~'„~tE ~~~"T~ The South 82 feet of the West 62.3 feet of Lot Seven (7),and the South 82 feet of the East 77.25 feet of Lot Eight (8), of HOME ACRES, according to a plat thereof reco~ded in Plat Book 7, page 12 of the Public Records of St. Lucie County, Florida. Parcel ~/2: From the intersection of the West right of way line of Angle Road and the North right of way line of Orange Avenue in the Southeast ~ of the Northwest ~ of Section 8, Township 35 South, Range 40 East, run thence Northwesterly along the West line of the right of way of Angle Road 210 feet; thence West parallel to the North right of way line of Orange Avenue 260 feet for point of beginning; from said point of beginning, run West = parallel to the North right of way line of Orange Avenue 134.74 feet; thence run Southerly to a point on the North right of way line of Orange Avenue, which is 487.02 feet West of said intersection of the West line of Angle Road and the North line of Orange Avenue; thence run East along the North line of the right of way of Orange Avenue 152•02 feet; thence run Northerly to point of Beginning. Said rights of way lines mentioned above being the right of way lines as they existed in February, 1947, EXCEPTING THEREFROM, however, that certain tract i deeded to the State of Florida, by B.Y.Free, and wife, George Garner Free, by Deed dated April 8, 1952 and recorded in Deed Book 172, page 419 and Deed of , z Raymond Neighbors and Allie Neighbors, his wife dated February 18, 1952 and _j,j 1 ~o recorded in Deed Book 171, page 123• ` Y ~ ~ t # ~ ~ If a Conveyance shoulrl be made by the m~rtgagors of the premises herein described, or any part ihereof, wit`~out th~ written consent of the Association, and without assumption in regular form of ta~v h~ ti-e grantee of the obligations to ihe Association"created by said promissory note and this mort- ~ ga~e. then, and ~n that event, and at the option of the Association, and without notice, all sums of ~ ~ money secured hereby shal~ immediateiy and concurrently with such conveyance become due and pay- ~ able anc! in default. The Association reserves the right to withhold consent to any such conveyance ~ ar~~? assumption until and unless satisfactory financial reports and other personal data required by the ~ Associaticn are furnished to the Associat:on by the party acquiring title b the premises, or any part thereot. By g~ving its consent to such ~onveyance, the Assoc~ation shall not be deemed to have released the mert~a~or hereunder from any liability hereunder. The Association may deal with successors in in- ter~st w~th reference to th~s mortage and the debt hereby sec+~red in the same manner as w. ith the ~ mortga~or~, and may forbear to sue o.• may extend time for payment ..~f the debt, secured heretsy, or ~ otherwise act w~thout dischargin~ or in any way affecting the liability of the mortgagors hereunder ~`,5 or upon the debt i,ereby secured. The Association may also deal with the Mortgagors and/or with - successors ~n interest with reference to this mortga~e and the debt hereby secured by forbearing te - suc, extendin ; the time for payment of the debt, providing for differe~t monthly payments and/or a ~ dif ferent interest rate, and by other express modi fica~ions of the centract, without (osing any priority 'y the Associatien has over other mort~agees or lienors or holders of any junio~ interest in the property - secured hereby. - Tegether with afl buildings, improvements, fixtures or ap~urtenances now or hereaiier erected there- _ on or placed there!n, includin; all apparatus, equipment, fixtures or articles, ~ti~~et4~er in sin~le u~its or _ centrally controlled, used to suppiy heat; gas, air conditioning, water, I+ght, power, refrigeration, ventila- tion or other services, and any other thing no~v or hereafter therein or thereon, including screens, windo~: shades, storm c:oors and windows, floor coverings, screen doors, awnings, stoves and evater heaters (all of which are ~ntended to be and are here5y dec lared to be a part of said real estate whether physic- ally attached theretc or not); and also tosether with all easements and the rents, issues and profits cf - said premises whoch are hereby pled~ed, assioned, transferred an~ set over unto rhe Mcrtgagee, whether - now due or hereaf;c~ tc become uue as prov~ded in the Supplementa! Agreement secured hereby. The Mortgagee is here5y subrogated to the rights of all mort~ages, I~enholders and owners paid off by pro- ~;,A ceeds of the !ea~: hereby secur^d 5~~~226 PI~E~~9 ~3' ~ _ : - ~ _ - - : - . _ . .