HomeMy WebLinkAbout0963 THI~ ItiSTRUMENT PREPARf.D pl'. ~~3~0~
Security Fedcraf Savingi b Lc+an Associat~on
of Ind~an Ri~e~ County M O R T G A G E
Sixfh Avenue and T~venty First Slfcet
Vero Beach, Florida 32960
. Loan No.. -
THE UNDERSIGNED, DAVID C. GULICK AND ELIZAIIETH L. GULICK, his wife
of __~'__ort St. Lucie Countyof St. I,ucie State of Florida, hereinafter
~efcrred b as the Mortgagor, does hereby mortgage and warrant to SECURITY FEDERAL $AVING$ AND
LOAN ASSOCIATION OF INDIAN RIVER COUNTY, a corporation organized 'and existing under the
laws of tf~e United Jtates of America, hereinafter re f?rred to as the Mortgagee, the following rea) estate
~r tne County of ____~~_.__~~Q~~_____ in the State of Florida, to wit:
Lot 15, Block 769, PORT ST. LUCIE SECTION EIGHTEEN,
according to the Plat thereof, xecorded in Plat
Book 13, page 17, 17A thraugh 17K, Public Records of
St. LuciE County, Florida.
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~tete~ved ~---~~--t'- .~~y,e petsonal ProPerly,
. Duo On C'ass "L ~~'~n" A A~S Of 197_1~~
pursuant '~o CliaP:ar 71. 13-..
ROGER P(?ITRAS
Cterk C3rcuft Cou~t, St. Wc'~• C-Q•, Fla•
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If a conveyance should be made by the m~rtgagors of the pren~ises herein descri'~ed, or any part
thereof, wit`~out th? written consent of t~e Association, and ~vithout assumption in regular forrn of
law t~y the grar~tee 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 sums of
money secured hereby shall immediately and concurrently with such conveyan~e become due and pay- ~
able and in default. The F.ssociation reserves the right to withhold consent to any such conveyance ~
and assumption until and unless satisfactory fina~cial reports and other personal data required by the i
Assaciation are furnished to the Association by the party acquiring title to the premises, or any part
thereof. By giving its consent to such conveyance, t he Association shall not be deemed to have released
the mortgagor i~ereunder from any liability hereunder. The Association may deal ~vith successors in in-
terest ~vith reference to this mortage and the debt hereby secured iri the same manner as with the
mortgagors, and may forbear to sue or may extend time fcr payment of the debt, secured hereby, or i~_
otFferwise act without discharging or in any way affecting the liability of the mortgagors hereunder
or upon the debY hereby secured. The Association may also deal with the Mortgagors and/or with ~
successors in interesY with reference to this mortgage and the debt hereby secured by forbearing to i~~
sue, extendin~ the time for payment of the debt, providing far different monthly payments and/or a
different interest rate, and by other express modifications of the cantract, without losing any priority ~ -
ihe Association has over other mortgagees or lienors or- helders of any junior interest in the ro ert~
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secured h r
e eb .
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Together with al! buildings, improvements, fixtures or appurtenances now or hereaft~r erected there- :
on or placed therein, including all apparatus, equipment, fixtures or articles, whet{ier in single units or
~ centrally contr~lled, used to supply heat, gas, air conditioning, water, light, power, refrigeration, yentila-
tion or other services, and any other ;hing now or hereafter therein or.thereon, including sereens, window
' shades, storm doors and windows floor coverin s screen doors awnin v
, g, , s sto es and water heaters
g,
(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 not); and also together with all easements and the rents, issues and profits of =
said premises wf~ich 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. (~({c~~j ~
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