HomeMy WebLinkAbout0727 f .
~ ;
t TN~S It~STRUAtENT PREPARE~ BY ~~/-~~r.. ;
l Cf' ! 1
Clyde P.__i?latts ~ t~
~ Secunty FeAcra! Savl~gs b Loan Assoc~aHon ~
~ of Indwn Rw.r County M O R T C A C E ;
Sixth /lvenue anci Twenty Fust Sfreet ~
Vcro 8each, Florid~ 32960 . i
; - ~.~an N~.. . . _ 1377 i
~ THE UND~RSIGNED, BA~Y~~~ _ENT~RP_R1SES,__1HG-. ,-a--F~ or_i_~~_ cQr.pczr~.t ion-_~-_----- - '
f
: '
t
3 of___F~_~'.~. P_ier~e Countyof~t_a__Lucie__:~-_~__..., State of Florida, hereinafter .
~ _ referred to as the Mortgagor, does hereby mortga~e and warrant to SECURITY FEDERAL SAViNGS ANJ ~
r LJAN ASSOCIATIQN OF INDIAN RIVER COUNTY, a torporation organized and existing ~ncler the
; la~vs of the United States of Arr~erica, hereinafter re iarred to as the Mortgagee, the following real estate
in the County of.__ St Luc i e_ in the State of Florida, to wit: ~
~ ~
. Lot 2, af Block 52 of SUNLAND GARDENS SECTION FOUR, as per plat thereof on
file in Plat Book 10 at page 76 of thz public records of St. Lucie Caunty. -
Florida.~
~ ~L.'~'' ~c~' ~aC'Sy~ ~-~`~C''~~ .
- _ ~
; - ^ - ~
-
; . _
- - ~
i
' t
; .
. . ' . • . '
[
" - 3
~ ,.f v " ~ .
' RECEIYFD ~ { IN PAYMENT OF TAXC6 ~
DUE ON GLASS'C' 1NTANGIBLE FE~ C~:;AL PROPERIY~ ~
PI~RSl1ANT TO CNAP'~~ 71-134, A~~T3 OF 1971. ( ~
~ ROGER P01 i RAS -
. ....,......r. A.FRK CIRCUlT COURT, S!. LUCIE CO., FIA. •
_ . . . -
- ' - y r . , ~ .
- ~ r ~'~TE ~r : -
~,i~ ~ ~-„-UIVSENTA~Y --ri....ClR.L7~~ ~ ~ ~
~L ~ `-'L ;s`,_ ` ST~?ri~' ; ~
~ !i - 3
Z~ ~ s-~i~;.aF ~c~«r~u~f: . ~
~ ~ 1n : M = FB . '.9 7C `~~~~~~L ~ i. J {J ~ . ' -
` ~
- . - ~ - . - . t ~ ~
~
. _ - - f
_ . #
- i
. f
. f
_ I .
If a conveyance sh~uld be made by the mortgagors of the prernises herein described, or any part ~
tl;ereof, wit!~out the written consent of the Associaticn, an~ without as~urnption in regular form of ~
- la~v _~y_ti~e grantee of the obligations to the Association created by said promissory note and this mort-
gage, th~n, and in that event,_ and at the option of the Associatien, and ~vithout notice, atl sums of ~
money secured hereby shall immediately and concurrently with sucn conveyance becom~ due and pay-
able and in default. The Association reserves the r ight to withhold consent to any such conveyance
and ass:.impt"ion until and unless satisfactory finar~cial reports and other personal data reguired by the ~
Association are furnished to the Associat:on by the party acquiring title to the premises, or any pari ~
thereof_ By giving its conseni to such conveyance, the Association shall not be deemed to have re~eased
the mortgagor hereunder from any Iiability hereunder_ T1ie Ass~ciation may deal with suc~essors in in-
_ terest ~v;th refe~e+ice to this mcsrtage and the debt here5y secured in the same manner as with the
- morFgagors, and may forbear to sue or may extend time for payment of the debt, secs.~red hereby; or _
ot~ierwise act without discharging or in any ~vsy"affecting the liabili7y ~f the mortgagors hereunder
or u~zon the debt hereby secured. The Association may also deal with the Mortgagors and/or with
su~cessors in interest ~vith reference to this morigage and the debt hereby secured by forbearing to '
s~e, extentting the time for paymer?t of the debY, provid"+rtg far different monthly payments and/or a
difFerent interest rate, and by other expre~s modifications of the contract, without losing any priority
the Association has over other mortgagees or lienors or holders of any junior interest in tne property
. secured hereby. ~ .
Together with all buildings, improvements, fixtures or appurtenances now or hereaiter erected th~re-
- en or placed therein, induu'ing all appara*us, equipment, fixtures or arti~les, ~vhether in single units or
: centrally cantrolled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, ventila-
tion or other services, and any other thing now or hereafter #herein or therzon, inciuding screens, window
shades, sto~m doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of vrhich are intended to be and are here"~y declarPd to be a part of said real estate whether physic-
- al(y attached thereto or not); and also together with ail easgments and the rents, issues and profits ~f ,
said premises which are hereby piedged, assigned, t~ansfe~r~~a~d sc~ ov~°~nto ihe Mcrtgagee, whether ~
~ now due or hereafter to become due as provided in the Supplemental Agreement secured hereby. The
Mcrtgagee' is;hereby subr'ogated to the rig!-,ts of all mQrtgages, tienhp~s q?~p~vners p' by pro- _
ceeds of the loan hereby secured. • f(~ pJ~ -