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rHis iNSrtu~Nr at~P~o sv:
Clyde P. Platts
M O R T C A G E
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ve.o s~.a+. ~o.ia. a Loan Na_------
THE UNDERSIGNED,
JAMES M. MORELAND an~d. :*.YNTHIA K` J~QBELAND?. his wifd
of yero 8each ~~,h, of I nd t an R i ver , State of Flodda, hereinaker
~eferred ro as the Mortgagor, does he~eby mortgage a~d wa~rant to SECURITY FEDERAL SAVINGS AND
IOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation orga~ized and existing under the
laws of ti~e Uriited States of America,~hereir~afte~ ~eferred b as the Mortgagee, the following real estate '
in the Counry of~ ~ ~ ~d ian RI-ve~ ';n ~ State ot Flo~ida, to wit:
Lot Tan (10), Block 71 SOUTH PORT ST. LUCIE, UNIT !5,
accordins_to_the__pl_at_thereof as_recorded in Plat Book 14,
pages 12 and 12A thratgh 12G in the office of the Clerk
of the Circuit Court of St. lucie County, Florida.
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PIIRSINIQ TO d{~P~~ 71-13~t. 11CTS ff 197L ~jjl N
NOCER PORRIIS
- CkFJIR dAqlR OOilRT, ST. WCE F1A
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If a conveyance should be made by the martgagors of the premises herein described, or any part
thereof, wit!~out the written conseni of the Association, and without assumption in regular form of ~
law h•~ the grantee of the obligations to the Association created by said promissory note and this mort-
gege, then, and in that event, and ai the option of the Association, and without notice, all- sums of
money secured~hereby shall immediately and concurrently with such conveyance become due and pay- .
able and in default. The Assoc~ation reserves xhe righi to withhold consent to any such conveyance
and assumptian unti: and unless satisfactory financial reports and other personal data required by the
Association are furnished to the Association by the party acquiring title to the premises, or any part
thereof. By giving its consent to s4ch conveyance, the Association shall not be deemed to have released
the mortgagor hereurider ~rom any liability hereunder. The Association may deal with successors in in-
teresi with reference to this mortage and~the debt'h8reby~seE~~ned in the :,ame manner as with the
mortgagors, and may forbear to sue or may extend time for payment of the debt, secured hereby, or
otherwise act without discharging or in any way affecting the liabitity of the mortgagors hereunder
or upon the debt her~by 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, extending the time for payment of the debt, providing for different monthly payments and/or a
diffe~ent interest rate, and by other express modifications of the contract, vrithout losing any priority
the Association has over other mortgagees or lienors or holders of any junior interest in the property
secured hereby. - - - -
Together with all buildings, imp~ovements, fixtures or appurtenances raw or hereafter erected ihere- i
on or placed therQin, including all apparatus, equipment, fixtures or articles, whether in single units or ;
centrally controlled, used to supply heai, gas, air tonditioning, water, light, power, rpfrigera~ion, ventila- _
~ tion or other services, and any other thing now or hereafter 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 declared to be a part of said real estate whether physic-
ally attached thereta or not); and also .together with all easements and the rents, issues ar?d profits of
said premises which are hereby pledged, assigned,. transferred and set aver unto the Mortgagee, whether
now due or hereafter to becom~~
provi~ the Supplemental Agreement secured hereby. The
Mortgagee is hereby subrogateA'b the'rights-c
F~~ ~tgages, lienholders and owners paid off by pro-
ceeds of the loan hereby secured. ~ BOOK~~7 PAC[~~~`~