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HomeMy WebLinkAbout0032 ~ `.3 1 1 ~ r t' L L11-: ~ ~ ,U ~ DOCUMENTA~'.='.-.~~TAMP ~a ~ , 15t~(~~ o ~ ~ ~ Z = ,,~„_r~, ~7jGAGE 7'~0 SECU.RE NOI'~E : ~ , ? ~ ~ ~ - ~ 8 ~ 0~_ FLORIDA ' ~ . ~ P- cn cnrfatRO«E~ ~ - . ~ ~.AO~ ^~.w~ ' P.B: ~9~ro . . _ . ~ THIS MORTGAGE, made ~his_ 2Qth d,r of~ Deaember 196~.~., br R. L. Barton afkra Robert L: Barto~ _ . of Ft~ PierCg F{otida, be~+einaftet calkd Maltsa~ors, ~o . _ All-Cr~_.~~lu~~~s; _._In~.._~----- - ~ - - - . . _ . - - , bereiwfca calle~ Mongaga; . WITNESSFTH: In considecadam of cbe principal swa ~et out iu t6e pra~ait~orp twoe of e~rea date bcre~ricb herdnaica = dcscribed, and for other ~~~wb4 ~~~~o~, ciK l~son~~ ao L«,~br ~c, baca,;a. ,eU, alita, cemi~c, ce(~ea~e, ooave~ aad confirm unco Morcgaace, iu sucees~ors and assians foreva. :be folbwrina dauib~d propert~. atmu in_.St• ZuC].8 County, Fbrida: • • . A Lots 3 and 1~ _ in Blo~k 3 of ~Westwood 2~lanor Subdivision, as per plat thereof - on file ~ in Plat Boq~ ~i, at..,~age ~6; = pubZic records of St. Lucie County, • Florida, aaid suvdivision being a part of Section l~, ~oy~ship 35 South, Range 1~0 East. ° R6f'.~R~ f - IN PAYM[NTOFTAXid . OUE ON CIASS'C' INTI?NGIBLE ~ERSONAL PRO~ER7Y. ~pF~',W1NT Tp CNAP7ER Y0~2~. ACTS CF 1l~1, R~-R pn~~R C~e~k Citcult G urt ~ os Ag~sM f''* ~ T1S M. JM~ES , St. tuciwi~-~E' Tcx`~C'~'("`'r u~un c~~c _ TOGETHER \1VITH all and sing~tlar, tLe teocments, herrditarr~mts and :pp enances t6ereunw be{onging or ~n ~ny~ruc sppertaining and tbe rentt„ iuua uid prdts them+f~ and alsn ap buildiaas. stcuctura and ot6er impcurattienu no~v or hereafcer sicuace thereou. . TO HAVE AND TO HOLD in fee ~?le tl~e abo~e aranted and described premi:a nnto Mortaagee, ics soccesson and aisigni forever. The Mortgagcxs hereby covenant vit6 Morcaaaa c6at rl~ey ue indefeuibl~ seized of said !md in f« simpk; that the Mortgagon have full pow~er and la~vful cisht to conre~ tbe ume in fa~p k st afa+wid; tlat ic tball be ls~rful for Mortga~ee, ~es successon and assigns, oc all tinxt peacaWr and quietly to mter upon, bo1d, occuQJr and tnjqr uid land and every part chcrtof; chac ui.~ (md is free fcom ail encumbranoes; that t6e ~¢ata,aaw~s wrill make such furtkr assuranca to pecfecc the foe simpk ucte to said land in Morcgagee, ~u :u« ~~gA~u ~r n„~„wr ~~y;»~: and tlut t6e Mortaagors do berebr fully warrant thc tit~e to said land aad every part throof and w~ell defend c6e ~ame aaai~t tbe la~?f~l clai~ of all persons ~rhonuoever. PRO~'[DED ALa/AYS, chac if che Monaagors s~all: (t) par unco Mortaa~ee tbu oerta;n promi:sory nou, e:ecuud t~ d~em ~oncurnencly herervith, in the sum of '~qe thousand four ~h'~an~red tt„~ and $$1100, . . . . . . ~~(ars (S~s~1+.02•$$ said ~~a wr~~~ ~?~r ~~~t~u ot s 64•32 tic1s, t6e Srst inscaliment doe on t~ t Oth a,y of February , 196 L_, and an additional iasnllmea: w b~ ~,;d oA tIx 10th ~r of ach succeeding mond~ clxrafar (or an c6e tsit day of my succeedin~ nantl~ w?hic6 !us no suc6 day) unci! said sum 6as been Q~;d ;n ful! ezcePt cbe 5na! inscallmenc shall be che balance dne aod (2) perform all t6e co~eoanu and coaditloas of said prom- ~ssory noce and any crnewal, e:cension or modificacion chereof, and of thi:•mortgage, tben t~is moccgaae deed aad the esuce craced bereby shall • o~sr :r-.; St nuU and ~oid. ' ~ . , Tbe Mortgagws further coremn~ and agroe to aad wrii~LM~gagee: - - 1. To paY Pmmpcly c6e prinn~il and ocha~suras of monep paya6le by virtue of said promissor~ note and of this morcaage. 2. To ps~r'sll the ta:es, as~as~riencs snd eacumbranoa of every mture no~r on uid dacribed Property. or that henafur may be IcLied or assessed tbereupoa, w?lxn due and payable, before ctxp become detinqoenc, and befor~e any incecrst attaeba ar anY pentlry u ineumod and pranpdy fornisl~ Mortgagee with proof of paymeac chercfor. 3. To pGoe and oootinuously ~eep, oo c6e building ra.v or bereafca situau oo said laod, 5re and ~tended oovenae insurana in an amoonc of na las chan ~h~t smo~une wl~ maf f~om c;me ro eime be apecifxd ebe Monbagei, in such insuranoe fompanr u nnr be app~oved by. ~i~~ee; pe~o~ided, Lo~rever,_ thac if MortRaaee s6a11 at anr tmie be obliaate~ to maintain firr and exuaded rnrerase iasurance on sai.~ builduigs, cbe Morcgagors statl be ezc+~sod fran peffaanrioe of d~is obligation to cbe eztent of any suc6 duplicau-covcnge. Alt insuraaee policia of the Mortgagors shall conrain tbe usual standard awrcgaga elause making the losa under s~id policia payabk to Mortgagee as ia intetest may appear; .nd ~?ery ~h poL'ey ~d al! cb~of ~Il b~ prompdr deL~crod co and bdd by Mortgagee, 'coaetber ~ritb a recapc for the premium cbereon. Mortaagoe sfu!! hive che right to adjust Mich the insurer any 1os~ under any such poticy, and any suc6 adjustmmc shall be cooclasive on the Martgagor~ Mortgaga sball have the right to rrceire and colkct sll proceedt paid on any daim under any such po~cr, to a~dor:e dK Mortgagon' nama co aay check or aclrcr instrument of payma~t, uid to apply suc6 procoeds~in payment of any amount due under t6is mortgage and che note securcd hcreby and any e~pcnca incurrod br Mortaa~Ceee in prooessing any claim under any :uch poticy. Marcgagoe slalt pay co the Morc- gagon che balance oE tlx proceed:, if any, mnaining after the nfora:ed dednctions. Nothing conuinod henin sbail impair ~x abrogate che right of the Monaagon w Prqcun iraurance from an agmt or canpany of their own aekccion u peovided ia the insur- ~nce la~vs of tbe State of Florida. To pay al! and singulu the coau, c6a~a and e:pen~es, inel~dina rrasonaWe atcoroeq's fea if ~rferrrd for oolleeuon w an acwrney na a uTaried en,pbyee of d~e Morc6abee. and eose of abscraca of cick, irxurred or paid ac anr cime M Mo~tEa~ee baa~se of cbe fa;lure on che part of che Morcgaaors w paform che condicioo: and eovwanu of uid promi~ory nou, and of chis morcaaE~• . f. To pern~it, eommit or wifer no ~rasu, impairo~me ~or deurioncioa of iaid or wr puc tbereof, w~k~oep a,d main- oia tbe same, ?~tud;,~a zU bWld;o~,r no~ or baraiar ,~ewce oo u~d pra~wa, w a~eoerditiaa and repair'. and P~P~7 to ke j, ~ . Y~ ~ ~ I'~ - ~~oK1S4 ~ 32 ~ . , _ _ _ _ _ - - - ~ ~ _ : - ~,,~,.~k~~.~,~-;~ ~ - i