HomeMy WebLinkAbout0083 ' ~C ;
,
THIS ~tiSTRVMENT PRE~ARED BY ~~C~y
C1Yde P. Platts v ~
Security iederal Savin`s 6 loan Assoc~slion
o+ ~~a.~, R~~. c«,~Y M O R T C A C E Suppl ementa { to Loan N 1284
Sixth /lverwm and Twenfy F~rst Street
Yero Beach. Flwida 32960 ~ 4~~
Loan No.__-
. :
THE UNDERSIGNED. - ~
WILLIAM_ C. REEVES and BETTY A. R~ES~hi~-wtf~------------~_--_ ~
af ___Ft. _.Pierce St, Lucie__
County of , State of Florida, he~einaker ~
refer~ed to as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL SAVINGS AND a
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation organized and.exi~ting unde~ the ~
laws of the United States of America, hereinafter re farred to as the Mortgagee, the following real estate
+n the County of___St. Luc ie in the State of Florida, to wit:
a~r~ ~ ~ ~ y U - ~~ai~ ~ oo ~ ~
The Mlest 80 feet of the North 150 feet of the West 150 feet of the
East 2Q0 feet of the South 300 feet of Section 21, Township 35 South,
Range 40 East, said land lying and being in St. Lucie County, Florida. -
~
;
;
t
This is a second nartgage and is subject and inferior to that certain
mortgage from WILLIAM C. REEVES and BETTY A. REEVES, his ?vife, to Security ~
Federal Savings ~ Loan Association of Indian Rlver County, dated ;
' September 12, 1974 and recorded in Offtcial Record Book 231, page 2686, ;
Public Records of St. Lucie County, Florida. Any default in said first
mortgage shall autanatically constitute a default in this mortgage.
' ;
~
m '
- S Ta
~
°`UJ?~F~~ ~ /
; o- = t• af
k aRY .F;. ~ - -
~ = ~~EArU£ . S j ~ t Q ~
° ' ~ - JG~~ • yi~ 14 p T ~ ~ ~ ~ ~ ~ I11 PAriEiR OF 7101Ei '
t ~ OUE ON CU17t ~C'
.~?k: ~ I J 2 C ~ PURSlIAI'!T TO CN+IMTM~81~ rERSOpAL PROPERiY, ~
v~ ~1•11~. ACTS OF l~il. rn~ ~
+ M: •c'a ?.^~IiF,A i ~
CLERK CIRCUII Cu~Ki, L:x:~t CO., FUl
~ If a conveyance shouid be made by the m~rtgagors 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 Fy 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 without 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 financial reports and other personal data required by the
~ Association are furnished to the Association by the party acquiring titte 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 hereu~der frotn any liabilityihe~eu~der. The ~lssociation may deal with successors in in-
` terest with reference to this mortage and the debt ~i'ere~ se~cLred i~ the same manne~ as with the
mortgagors, and may forbear to sue or may extend time 4or payment of the debt, secured hereby, or
~ ott?erwise act without discharging or in any way. affecting the liability of the mortgagors hereunder
or upon the debt hereby secured. The Association may also deal with the Mortgagors and/or with ,
successors in interest with reference to tkis 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
difFerent4interest 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 interesi in the property o~
secured hereby. o,o
Together v~ith all buildings, improvements, fixtures or appurtenances now or hereaiter erected there- ~ ;
on or placed the~e+n, including all apparatus, equipment, fixtures or articfes, whether in single units or ~ i
centrally contcolled, 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 thereon, including screens, window 4
shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters C
(all of which are intended to be and are here5y 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 and profits of
said premises which are hereby pledged, assigned, transferred and set over unto the Mortgagee, whether w
now due or hereafter to become due as provided in the Supplemental Agreement secured hereby. The i
Mortgagee is hereby subrogated to the rights of al) mortgages, lienholders and owners paid off by pro- ~
ceeds of ti,e lean hereby secured.
~ _ ; _ -
~ ~ ~ ~ ~ ~ =
~ ; ~°*s~ .ti ~ ~ ~ ~
~
v _ ~ . ~.r ~ ~ r ~