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THIS itiSTR'_ \tENT PREPAREO 8~ I~r~~Q~Q
y
__Cl~e P. Platts____-_-
Secunly Fedr~a~ Savings 6 lcwn Auouahon M O R T G A G E
of Irxl~an R~vr~ County
S1tith Avc~tuc Mfd Tweofy f~nt StrCet
Vero Qeach. FIwWa ~2960 Loan No.- ~ ~3? .
THE UNDERSIGNED, _ - - - _ - - - - _ - - -
_ CHRI.STOPHER ,EKONOMOU _and _KATHRYN_C'. _ EKONOMOU, h i_s w.i f~ _
~ f f t._ P i erte__. County of_ S t. Luc i e , State of Florida, hereinafter
referred to as the Mortgagor, d~es hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND
LOAN ASSrJCIATION OF INDIAN RIVER COUNTY, a corporatio~ organized and existing under the
laws of the United States of America, hereinafter re f?rred to as the Mortgagee, the following real estate
~n the County of __St._Lucie in the State of Florida, to wit:
Lot Seventeen (17) and the West 10 feet of Lot Sixteen (16), Block
Eight (8), LAKEWOOD PARK, Unit One, according to the plat thereof, as ~
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recorded in Plat Book 10, page 51A, of the Public Records of St. Lucie '
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~ If a conveyance should be made by the m~rtgagors of the premises herein described, or any part
there~f, wittiout the written consent of the Association, and without assumption in regular form of
law hy the grantee of the obtigations 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 without notice, all sums of :
money secured hereby shall immediately and concurrently with suth 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 financial reports ar.d other personal data required by the
Association are furnished to the Association by the party acquiring title to the premises, o~ any part ~
thereof. By giving its consent to such conveyance, the Association shall not be deemed to have released ~
the mertgagor hereunder from any liability hereunder. The Association may deal with successors in in-
terest w~th reference to this mortage arid tti~ debt ~ hereby .~Fured in the same manner as with the ;
mortgagors, and may forbear to sue or may extend time for payment of the debt, secured hereby, or !
otF~erwise act without discha~ging or in any way affecting the liability of the mortgagors hereunder
or u~on_ the debt hereby secured. The Association may also deal with the Mortgagors and/or with
~s successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
~ sue, extending the time for payment of the debt, providing for different monihly payments and/or a
~ difFerent interest rate, and by other express madifications of the contract, without losing any priority ;
the Association has over other mortgagees or lienors or holders of any junior interest in the property '
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a secured hereby.
~ Together with all buildings, improvements, fixtures or appurtenances now or herearter erected there-
~ on ar placed therein, including all apparafus, equipment, fixtures or artic~es, whettier in single units or
centrally controlled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter therein or the~eon, 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 declared 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 ihe Mortgagee, whether -
~ now due or hereafter io beG~e due as,Frovided in the Supplementat Agreement se~ured hereby. The ,
~ Mortgagee is here5y subrcigated to the rights of all mortgages, lienholders and owners paid off by pro- '
ceeds of the Iear. hereby secured BOOK~~U PACE2562
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