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TMIS INSTRUMENT• PREPARED 0Y:
. Clvde P. •
sanity f.aaal sav+er{s a Lwn AstodMbn
of ~~0i«? Riw. c M O R T C A C ~
v« ra~s""~~'6r"'f s'•"~ ~ 12255
losn No.
THE UNDERSIGNED, Herndon au~d 1~ty 1~tdon, hia wigs
of. , County of ,State of Florids, hereinafter
referred to as tha Mortgagor, does hereby mortgage and warrant b SECURITY FEDERAL S/1VINGS AND
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the
laws of the United States of America, hereinafter referred b as the Mortgagee, the following real estate
in the County of - in the State of Florida, b wit:
th~it 1 .
East 90' o~ Lo~ta 22 aid 23, SLoc~c 2, It~1tN RtVffit L3Dl4gB,
• do the plat #~ex+eog s~soorded in Phat ecdc 10, ~e 43, Public ifecocY]s
. o~ St. Ia>tcie may, ~ F1o~ri~a. - - -
-
ILeNr.r ~ ~ ~s a Te~eee
oft. a+ aw "+C''' fttl.nMel.tA.not+.lPrat.n,?.
• w~ To Chepr 7t, tip. Aces ck 1871.
a~+t a~ ceEet. li`sa ~,,tol~, o~o~~a~
4' STJMEN RY~_:;t::;~,,Si~'.--M~ ~ ~ -
p ate` vErou
oY D~~
Uf YE f ~ s. o a ~ •
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If a cony ante should be mad the mort ors of the remi s herein descri ran rt
f ey a by bag P ~ o Y Pa
E thereof, without the written consent of the Association, and without assumption in regular form of
law Ny 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 s!•ms 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 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 montage 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
otherwise 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 aril/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
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
F secured hereby.
Together with all buildings, improvements, fixtures or appurtenances now or hereafter 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 conditioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter therein or thereon, including screens, window
shades, stomp doors and windows, floor coverings; screen doors, awnings, stoves and water heaters
(all of which are intended to be and are hereby declared b be a part of said real estate whether physic- •
ally attached thereto 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
now due or hereafter to become due as provided in the Supplemental Agreement secured hereby. The
Mortgagee is hereby subrogated to the rights of all mortgages, lienholders and owners paid off by pro-
` ceeds of the loan hereby secured. U R
>si)GK er.~IVt~ FAi1Fz~67 ' s
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