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i.ir. ~•.SiR~ *.!E`11 YREPARtD B'~
_ Clyc3e _ Platts
s~~~4,~~Y F~x,s~ sa,, ,,e, a i,..~„ n•.,~.K,~~•,.•• M O R T G A G E
of ~n:,,.u, R~.c, cvun„
S~xih Menuc arx! T~~~nty Gerst Strecf
~~c•., Ecxh v~~.,~~~ ~aveo Loan No. 1671 _
-THE UNDERSIGNED, ~~-S ~~ises~_ Inc., a Florida Gbiporation
~f ~'t Pi~'~ _ , County of_ St, Lude State of Florida, hereinafter
refrrred to as the Mort~agor, does hereby mortgage anci .varrant to SECt,RiTY FEDERAL SAVINGS AND
LOAN ASS~CIATION OF IfvDIAN RIVER COUNTY, a corporation organized and existing under the
la~vs of the Un~ted ~tates cf America, hercinafter re f~rred to as the Mortbagee, the following real estate
~n the Count~ of St. LUCle in the State of Fforida, to wit:
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IAt Four (4) , Blodc Thirty Sev~en (37) . StNt~ID G~RDFIIS. Plat #3, _
acvo~r~ding to the plat thereof as re~z~ied in Plat Book 9, Page 67,
Public Reoords of St. Lucie Ootmty, Florida.
~Y ~ a~G ?G~ I.ObD~ - G~G"~~/`~
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RfCENED IN PA1fMENT OF TAl(ES
- ~;:;~a D'3E ON A11S6'C INTANGISlE rERSONAL ~pOPERIY~
:;,~.~,,.--'~~r~- P~RStIANT TO CFtiAPTER 71-134. ACT ,~j~~71
• ~ ~ v ~ ~ (iOGER POtTIMS ~ /
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~ if a conveyance shoulri be made by the m~rtgagors of the premises hcrein described, or any part
*.hereof, wit!-iout th~ wn?ten ccnsent of the Associ ~t~on, and w~thout assumption in regular form of
~ ta~v t-y the giantee of the obi~r~ations to the Associahan created by ~aid pr~missory note and this mort-
~ gar~e, ihen, an~7 ~n that event, and at the ept~on of the Assoc~at;on, and withoui notice, ail sums of
money secured hersby shall immed~ately and concurrently w~th such conveyance become due and pay-
able and ir. defau~t. The Assoc~ation reserves the ri~F,t to w~thhold consent to any such conveyance
~ ar~c', assumpt,on unt~l and unless ~atisfactory financi~! rep_~rts and other pessonal data required by the
~ Assoc~at~::.n are furnished to the Asscxiat:on by the party acqu~nng title to the premises, or any part '
thcreo!. 8y ~~v~n~ its censent to such conveyance, t he Assoc~at~on shal! noi be deemed to have released ?
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the mort~,a~;or hereiinder from any liabiiity hereunder The Asseciatinn may deal with successors in in-
~ ter~st .v~th reference to th~s mortage and the de5t hereby secu~ed in the same manner as with the
~ mort~;a~ors, and may forbear to sue or may extend t~me for payment of th~ debt, secured hereby, or
otl~erw~se act w~tho~t discl»rs~n~; or m ar,y way affecting the liability of the mortga~ors hereunder
- or upon ;he ~febt hereby securcd The Association may a~so deai w~th the Mortsa ;ors ~nd/or with
successors ~n ~nterest w~th reference t~ this mortgase and the debt hereby secured by forbearing to
sue, extend~n ; the t~me for payment of the debt, providin~ for differen~ monthly payments and/or a
" different ~nte~est rate, and by other express moclif~ca'ions of the c~ntract, without losing any priority
- tF,~ Association has over other mort~;a~ees or I~enors or holde~s cf any ~unior interest in the property
r2 secured hereby
Tegether w~th a!i ou+ldings, ~mpravements, fixtures or appurtenances now or hereaiter erected there-
~ on or placed there~n, includin7 all apparatw, equ+pment, fixtures or articles, whetf~er in s+ngle units or
cen;rally controlled, used to supply F~eat, gas, air canditioning, ~vater, light, power, refrigeration, ventila-
v'~ t~on or other services, and any ether thing now or hereafter there~n or thereon, ~ncluding screens, window
shades, storm doors and windaws, floor coverin~s, screen doors, avrnings, stoves and water heaters "
(all vf wh~ch are ~ntended to bc ~n~ are hereby dec lared to be a part of s~~d real estate .vhether physic-
~ aily attached tneretc ~r not?; and als~ toiether with all eascments and the rents, issues and profi*.s of
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said premises wh~ch are hereby pled=;ed, assi~ned, transferred and set over unto ~he Mcrtga~ee, whether
now due or hereaf'er te become ciue as provided in ihe Supplementa! A~ree~~ent ser_ured hereby. The
~ Mortgagee is hereby subrogated to the rights of all mort ;ages, I~en ~o~d` rs and owners paid off by pro- ~
3'==~: ceeds ~f the fear. f~ereby secured. z55 PA~~ ~~~7
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