The URL can be used to link to this page

Home My WebLink About0280 16'?'S03 ~ MdRTGAGL~..~'O SEC~1'RE Na7~~~ . T , . ~ . . ~ ~ - ~ I~.ORIDA' . . . . ~ . : ~s ~coKra~aa. ~.ae t~s : 2`~ ' . . aa,r . . . . ~ . ' i ~ i ~ Wi11Yam F. Pix.te~ an~ Juanit~i ~J:~ Pixl:ey; ~ bis wife . . . . Route 2;;Boa 236Q - ~ ~ Fort Pierce,~ . . Fioriaa. hereto:,t~. callea M«t8a~o~s. • . . . . . ~ . ~ . . . . . . , ~ Sun Tea~~Cbemicale, Inc . ~ ~ ~ ~ ~ - ~ ~ ~ ~ For't ~Pierce Florida ~ ~ ~ ~ - - ~e~~ ' , . . . . . - . , ~ . , . . ~ . . ~ ~ : In consi~er~tion oi the prlncipal ;upn set out ia • Wo .P~misaarY note oi even ~ate hereaith he:~iaaites d~cribed. aad foc other valusblR co~osid,eratioas,.tho Mo~tgagasa do hereb~, ~swt, bqraain. se11.• Aliea. remise. release.: ooav~y and contirm unto MortgaBee. its successors and assigns fa~.wer. the fdlowing described properqr. situate~.;~ St IiLiC~@ Caiaty. F1arlda:, ~ . . - - . . zot 9,. of Block .4, of LABEWOOD PARK UNIT ONE, according ~ ~ to the plat~ tbereof reaorded in Plat -Book 10, at page ~ ~ ~ ~ 51, . of tbe Public Record'e ~of St:~ ~Zucie ~Count~r, Florida. ~ ~ , - . . . ~TE)GETHER W1T~i all and singular. the tenemcnts. hereditaments and appurtenances thcreunto belongtng or in aqywise appertaining and ffie rents. issues and profits thereof. and also all buildin8s, structures and other improvements now or bere- af~.situate Wereon. . TO BAVE AND 1~0 HOLD in fee simple the abave granted and describpd premises unto Mortgagee. its successors a~l asalgds forever. The Mortgagors herebq covenant with Motiga~ee that they are~indefeasib~y seized of said l~ndin fe! 5imple; t~t the Mortgagors have full power and lawtul right b canvey the same in fee aimple as aforesaid; that it shall be lawiul tor Moz~ ga8ee~, its successors and assigns. at all times Peaceably aod quieW? to eater upon. ho1d, occupy and ea~oy said land a~d eve~9 part thereof; that said land is free irom all encumbrances: that the Mortgagors will make sucL further assurances to perfect tbe tee simple title to said land in Mortgagee. its successors aad assigns. as may reasonably be recluired: and that the Mo~t- Begors do hereby ful~y w~rrant the title to said Iand and every Part thereof and w~l defend the same against the lawtul claians oi all petsoos whomsoever. ' * - ~ PROVIDID AI.WAYS. that if the Mortgagors shall: (1) pay unto Mortgagee that certain promissory ~te. esecuted bq them : ~ ~ I coneurreatl3t_ her~witb..~=tee sum ot Two Tboueand Two Hundred Tbirty-Five and NO/ 1~Q„9~ e : e s-~~ i (i 2, 235 .00 said sum.:4e~?Y PaYable 1n monthl~y installmen{s .of ~ 37' ~5 each. the-Brst installment due m ~ ~ T ~ ~ ' j~n day Of tl Ll~.Y ~ 196~ nrvl SII Sdd~~0II211 ~~11mCIIt t0 bC p81d OII the el9v of eacL succeeding month thereafter (or on the last day of any succeeding monW wLich has n~ snch day) w.°tfl saW aum 6aa been paid in turi eacept the 5na1 installmeat shall be the balance due and (2) pertorm all the cavenants and coadiflons ot said pzom- issory note and auy renewal, e:tension or modigcation thereof, a~ oi this mortgage. thea this martgage deed and the estate created hereby sball cease and be null and void. The MortBaBors hirfher cavenant snd agree to a~ with Mortgagee: i. To pay PromP~Y ~ P~~iP~ a~ otl~ sums of moneY PaYable by virtue of said pmmissory note and of tbis mortgage. , 2. To pay all the taxes, assessments and encumbrances oi every nature now on said described property, or tbat hereafter may be levied o~r assessed thereupon. when due 8ad PaYable before theY become delinquent, and before any interest attaches ac a~ l~aally is incurred and P~PW~ M~aB~•~vith prooi o~ payanent therefor. ~3. To place and continuwsly keep, on the buildings niw oltiLez~ltar situate on said land, ~re and e:tended coverage in- surance in an amount oi not less than the amount wl~ich may from time to time be specif'ied by the Mortgagee. ia such insur- anoe company as may be approved by Mortgagee: provided, however. tbat ii Mortga~ee shall at any tiane be obligated to main- tain Sre and eztended cavera8e i~uurance on sa1~d buildin8s. the Yortgagors"~a11 ~ bQ ezcused irom pertormaace ot this ob~i- ~ gation to tDe estent of ar~? snch duplicate coverage. All insuraace policles oi We Morlga8aa's shall contaia tLe ns~a1 standard ~ rnortgagee clause maldng the loss uader said policiea Pil1?able to MortgaBee .as its interest may appear; and every anch DdiC9 ~ and all renewals tbereoi shall be prompUy delivered bu and 6eld bY ffi~B+~S~i : tOgether ~vith a receipt foe tLe pre~ium thereon. Mortgagee shall have the rlgLt to ad~ust ~it~ tbe insurer an4? loss uq~r a~ such Pa11c7. and aq such acj~~sbaent shall be conclusive m the Mortgagors. MortBagee ahall have the right t~ receive and coilect aD pr~oceeda paid an atp clatan tinder ~ any such policY. to endorse the MortBagors' namea to any checlc or othe~ in~tsqm~'at paymen~ and to apply such p~beeeds in paymeat a~ aa~ amount due under tbia mortgage and the note secured bei~e~p aod ai4 e~ens~ iac~red b7 Mort~a~e ia ~ Processin8 enY claim under any such PoliC7. MortBagee ahall pa,l? to the Mo~'tga~ot~s;fbe balance a[ the P~oceeds. it sip. ='e- malninS aftez t6e aforeaaid deductians. Nothing contained herein s6ari imp~ir_t~' ~biio~?te tLe rigbt at the Mort8s8ars to De'o- cure inaarance torm an ageat ar oompany o[ their o~vn selection as yrovided in; tht.t~surance lavvs ot tbe state at F7oeida. ' 4. To PaY ari and singular the costs. charges and espeasea. iacludin8 reasoe~bl6 a~ae~'s fees ii reterred fer coIIert[on to i an ~ttorne7 not a aalaried emplayee a~ the Mnrt8a8ee. and oost a[ abstracbe c~t ~itl~;(t6curried a~.paid at an7 ~a~e b7 ~aiee { because ot the faIIure on tLe P~rt oi tbe Mactgagors to P~m the conditioos and ~atnb a[ said pco~missa~ note and ad mis ~ mortBaSe• . 5. To permit, commft or suHer no waste. impei~'meat or detertoration d said p~~opert~ ae sqy Pu't ffiueo[. te ~eap anQ maintain the same. including all buildinBs iww or hereatter tvate P~'e . in ~ood ooaditlon and reW~'. ~ P~PR4 - Tbis instrument wae prepared :by: o,~d a 205 Avenue C , Fort Pierce , .:Flbrida } L ~ ~ ~ 2~ ~ ~ - • ~ • • ~ - - ~ - - . . _ ~,w~r ~ :=z