HomeMy WebLinkAbout1446T111; ~`.S~R':\'fhi PREPARED 61
_Clyde P._ Platts_
Sc•cur~ty Fedcral Sarngi 6 lc.an Assouat:c.~
oi Ind.~n Rrvrr County
S~xth Avcnue and Twenty F~•st Strect
VPro Be~h, f~o•~da J29~U
~19oos
5~1~
MORTGAGE ~8'
Loan No. 2 ~ 58~
1'
THE UNDERSIGNED, L. Douglas B~ebe ~nd Shi_rley J. 6e~be.hi5 w~fe-------------
~,f Ft. Pierce
,~ounty of _S t. Luc i e ., State of Florida, hereinafter
~el~~; red to as the Mortgagc+r, does hereby mortgage and ~varrant to SECURITY FEDERAL SAVINGS AND
l_OAN ASSOC+ATION OF !!~DiAN RIVER COUNTY', a corporat~on organized and existing under the
!aws of the tln~ted ~tates of America, hereinafter re f~~rred to as the Mortgagee, the following rcal estate
~n the C~unt~ of St. Lucie __ __ in the State of Fiorida, b wit:
Lot 27 S 28 Block 80, LAF:E4100D PARK, UNIT N0.7, according to the plat
thereof as recorded in Plat Book 11, Page 13, of the Public Recor~+s
of St. Lucie County, Florida.
~ ~ . . - ~ ,~, : ~ ± • ~r
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• ReCe~vec' i~- C._ ~r. ~aym~m Of T~o~s
Du~ Or C~ess C" ~r.tanyib+e Pe~SOne{ Pro~sfq.
Purswnt To Chap~er 71, 134, Aqs Oi i~11.
, • . ROGER POITIt11S 7 ~! ~ 1
Re-record for the purpose of insert ing C~C~~~R~~~~~~~ ~
the Loan Maturity Date of August 12, 1981.
, /
i~
If a cor.veyance s!-houl~i be made by the m,rtc;a~~ ~r~ of the premises herein ~lescnted, ~r any part
tt;ereof, w~t~,cut th~ wr:+.ten t~nsent of the Asscxiatior, and ~~•~thout assumpt~on ~n regular form of
law- t•~ tF-e ~rantee of the oblisation; to the Associat~on created b~- s~~J prom~ssory note anr~ this mort-
~a ;e, then, and ~n t~at event, and at the opt~on of the A,ssoc~ation, and without not~ce, ail sum5 of
money secured hereby shall ~mmed;atefy ano concurrently w~th su~h conveyance become due and pay-
able and m defau!t The Assaciatian resen~es the r~:;h! t., w,tt~hold consent to any such conveyance
an~_' assumpt~on untii an~ unless sat~sfactory finan~ial reports and cther per,onal data requ~red by the
Assuc~af~en are furnished to the Associat:on by the party acqu+nn~; title to the prem~ses, or any- part
thereot By g~vin;; ~ts consent to such conveyance, t he Assoc~at~on shall ~;,t be deem~ed to have released
the mortsagor hereunder from any {~ab~fity hereunder The Association may deal with successors in in-
terest w~th reference to th~s mortage and the debt he• ~t~y secured ~n the same manner as w+th the
m~rt~a~ors, and may forbear to sue or may extend t~me fcr payment of the debt, secured hereby, or
otf~erw~se act without d~schar~,in~ or ~n any vvay affect~n~ she liab~l~ty of the mort;a~ors hereunder
or upcn the debt hereby secured. The Association may also deal .v~tn the Mort~,a~ors and/~r wit!-:
successors :n interest w~th reference to th~s m~rt~a~;e and the d~bt hereby secured by forbearinr~ to
svc, extend~n:; the time for payment of the debt, provid~n~ 4or different monthly payments and/or a
different interest rate, and by other express mc>dif~cat+ons ef the ccnlract, without Icsin~; any priority
the Associat~on has over other rnort~asees ~r lienars or holders cf any jurnor ~nterest in the proaerty
secured herebv
R Tegether v~ith al~ ouildings, ~mprovem~nis, fixtures or appurtenanccs n~:u cr hereaiier erecteci there-
on or placed ihere~n, includin~ al) apparatus, eq~~~pment; fixtures or articles, •,n-hether in s~n5!e ur.:ts or
~ cent~aliy cantrolled, used to supply heat, gas, air conditioning, water, I~ght, power, refri~eration, ventila-
~ tion or other services, and any other thing now or hereafter therein or thereon ~rclud+n~ screens, windoK
~ shades, storm doors and win~ow;, floor coverines, screen doors, awn-ngs, steves and w-ate• hea!ers
~ (all of which are mtended so be and are h~re5y decla~ed to be a part of sa~o real estate vyheiher physic-
~ ally attached thereto or not); and atso b~;e~her with a{I eascments and the rents, issues and prof~ts cf
said premises whi~h a-e hereby pled~ed, assi~ned, transferred and set over unto rhe Mcrtgar~ee, wt-,ether
now due or hereaftc~r to be~ome uue as provided ~n the ~upplementa! AFreement se~urnd hereby. The
Mortgagee is her~•by subrogateci to the right{~K f I mort~;a es I~er.hol~ers anc; ~~r;ners paid off 5y pro-
; ceeds of the loar. hereby secured ~.~;~~1 p~y(~E~f~42 '~~ ~
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