HomeMy WebLinkAbout2036 THIS ~~.STRUAtENT ~REPARE~ EY.
Clyde P. Piatts___._.. ~~~.~~1.
s«,.,rv F.~a~.x s.~~ a ws;«„~~+ ~ O R T C J1 G E
of lndan R~v.v l'o~.ntv
• Sixth Avax+e ard Tv~cnfY i~nt SIKit
v~~o a~xn. F~a,~ a2~w loan No.. ~?~T- _ -
THE UNDERSIGNED. - - _ _
ROBERT N. kEBEL JR. and BETTY JANE HEBEL,_his__wife
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of _ Ft. _Pierce Countyo.` St. __Lucie State of Florida, hereinahe~
refe~~ed to as the Mortgagor, does hereby mortgage and wa~rant to SECURtTY FEDERAL SAVINGS ANO
IOAN ASSJCIATtON OF INDIAN RtVER COUNTY, a corporation organized and existing under the
laws of the United ~sates of Ame~ica, hereinafier re fer red to as the Mortgagee, the following real estate
~n the County af_. ___St. Lucie_ ~n the State of Florida, towit:
Lot Twenty-eight (28), B~ock 160, LAKEtil00D PARK UNIT N0. 12,
according to the plat thereof as recorded in Plat Book 11, pages
26-A and 26-B of the Public Records of St. Lucie County, Florida. /
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If a conveyance shoulcf be made by tiie m~rtgagors of the premises herein described, or any part
therec~f, wit!~out the written co~sent of the Association, and without assumption in regular form of
law hy the grantee of the obligations to the Association created by said promiss~ry note and this mort-
gage,-then, and in that event, and at the option of the Association, and ~vithouf notice, all sums of
money secured hereby shall immediately and concurrently with such conveyance become due and pay-
able and in defautt. The Association reserves the right to withhold consent to any such conveyance
and assumption until and unless satisfactory financial reports and other personal aata required by the
Associatian are furnished to the Association by the party acquiring title to !!~e premises, cr any part
therEOf_ By giving its consent to such conveyance, the Association shall not be deemed to have released
the mertgagor hereunder f~om any liability hereunder. The Association may deal with successors in in-
terest with reference to this mortage and the debt he~eby secured in the same manner as with the
mortgagors, and may fcrbear to sue or may extend time for payment of the debt, secured hereby, or
ott~erwise act without discharging or in any-way affecting the liability of the mortgagors hereunder
or upo~ the debt hereby secured. The Association may also deal with the Mortgagors and/or with
successors in interest with referenre to this mortgage and the debt hereby secured by forbearing to
sve, extending 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 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, improvements, tixtures or appurtenances now or herea~ter erected there-
on or placed fherein, including all apparatus, equipment, fixtures or articles, whether in single units or
centrally controlled, used to supply heai, gas, air conditioni "ng, water, light, powe:, refrigeraticn, ventila-
tion c~r other services, and any other thing now or hereafter ther~e~r~or thereon, inctuding screens, window
shades, storm doors and windows, floor coverings, screen sdoor's ~~ing~ st~s and water heaters
(all of which are intended so be and are here5y declared to be a part of said real estate whether physic-
ally attached theretc or not); a~d also together with all easements a~d the rents, issues and profits af
said premises which are hereby pledged, assigned, transferred and set over unto ihe Mortgagee, whether
now due or hereafter to becomQ d:,e as provided in the Supplemental Agreement secured hereby. The
Mortgagee is hereby wb~ogated to the rights of all mortgages, lienholders ar+d owners Raid off by pro-
ceeds of the !~a~: hereby secured. $QO}~~1 ~V,`l
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