HomeMy WebLinkAbout2433 ~(i~ Supplemental to Loan X1181
THIS ItrSTRUAIENT PREPAitED BY
Clyde P. Platts__! _
Secw~ty federa~ Savin~s 8 Loan Assouahon M O R T C A G E.
ot IrW~an Rwer County
S~xth Avenue and Tv~~tnty Fust Streef
Vero Beath, florida 32960 ~ 470
Loan No._ - - - - -
THE UNDERSIGNED,__________ .Roberta T__Missimer,__a_ sin~le adult__ _ ~
. of _ __Ft . P i erce County of St__ Luc i e____ , State of Florida, hereinafter
referred to as the Mortgagor, does hereby mortgage and war~ant to SECURITY FEDERAl. $AVINGS AND ~
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation o~ganized and existing under the ~
laws of the United States of Ame~ica, hereinafter re ferred co as the Mortgagee, the following real estate
~n the County of. $S=_.~~_ in the State of Florida, to wit:
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Begin at the intersection of the East right of way line of South 39th ;
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St~eet (50 feet wide) and the North rtght of way line of Harvey Avenue
~50 feet wide) which point is 25 feet'East and 25 feet North of the
Southwest corner of the Northeast ~ of the Northwest ~ of the korthwest ~
of Section 20, Township 35 Ss~uth, Range-40 East; from said po3nt ~un
North along the East right of way line of South 39th Street, 208.90 feet
to the point of beginning; thence continue North, along the East right ~
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of way line of South 29th Street, 104.46 feet; thence East 140 feet; thence ~
South 104.45 feet; thence West 140 feet to the point of beginning; said
parcel is the same as Lots Five (5) and S•ix (6) of a certain unrecorded
plat of Northeast ~ of the Northwest ~ of Northwest ~ of Section 20, Township
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South. Ran e 40 East. ~ 0~~" .
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STQTE nF ~LU~I~A ~
oocur+~ENTaRY.~=:~.; sTn nn N= r, x~ -(f au~s
`r QE~I. QF kEVENiIE ii a~~`~~ i ~ ~~~phAl, PS'~1?E~IY~
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Q= P.e. r 3Ci la'IS f~ 0 6. ~ 5 ~ ~~T TO C~iER~71-1l4. ~l
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~ If a conveyance shou~d be made by the mortgagors of the premises herein described, or any part
thereof, wit'~out ths written consent 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 morY- '
gage, then, and in that event, and at the option of the Association, and without notice, all sums of !
money secured hereby shali immediately and concurrently with such conveyance become due and pay- j
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 b~ the
Associatian are furnished to the Association by the party acquiring title 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 hereunder from any liability hereunder_ The Association may deal with successors in in-
terest with reference to this mortage and the debt hereby secured 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
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
`y successors in interest with reference to this mortgage and the debt hereby secured by forbearing to
~ sue, extendinb 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, fixtures or appurtenances now o~ hereaiter erected there-
on or placed therein, including all apparatus, equipment, fixtures or articles, whether in single units or
centrally controlled, used to supply heat, gas, air tonditioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing ~ow or hereafter therei~ or thereon, including screens, window '
sFades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters -
~ (all of which are intended to be and are here5y declared to be a part of said real estate whether physic-
ally attached thereto or not3; and also together with all easements and the rents, issues and profits of
said premises which are hereby pled~ed, assigned, transferred and set over unto the Mor~gagee, whether
now due or hereafter to tSecome due as provided in the Supplementa! Agreement secured hereby. The
~ Mortgagee is hereby subrogated to the rights of all mortgages, lienholde~s and owners paid off by pro-
ceeds of the loar: hereby secured $OOK~Z~ PA('f, 2,4~
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