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Home My WebLink About0887 . MORTGAG E js'~13 'I?11S NORTGAGE Made This ~ day o[ . 19 ~ by and be~veea Marie Snii ley , _and . bis . of $t. Lucie County. Sate o( Flerid~~ heteinaftet ~rhethe~ one ot mote called the ~~~a.a«•~, hasbecane ;~,~1,,;~~~~ ~o ExLerior Designer,s iNc. oF Orange County, State of Florida ~?KK~~after called the "Nott~aaee"~ 5~„ ~ Twenty-seven bundred sixty and 60/100- - - - - - - - ppLLAItS (f 2~60.60 ~ e~idenced by j s promissory note of e~en da~e he?.•_~vith in tbe toal• a~mouat sec [orth ' abo~e. paysble in 60 ~nthly instslmeats in the sum of ~OUI"ty~S~X d11d DOLl.ARS 46•01 the fitst payment commencina on the day ai J V~L~ , 19 w, and concinuina oa the same day of each month theresfter until (ully paid. together writh late chacaee of fi~e (S) ceats pet =1,00 on each iastalment not paid writhin ten (10) days of the due date. but aot e:ceedina the la~rful mazimum. aad interest after macuricy at the rate o( 109. per aonum. NO\?. toc and in eonsideraeion of the aforesaid indebtedness and co secure ~hc prompc peymenc of ~he samc; MoKs•a~ Aas dargained and sold and does he~rby grant. bataain, sell and eon~ey unto the said Mataaaee. his successors aad assig?s. che fdlowina desccibed loe or parcel of land sitwced in St. ~-UCie Councy, Scate of Florida, to-~ri~: Lot s 14 and 15 of B1 ock 23 of Lawnwood Addi ti on , accordi ng to the ~ plat thereof as recorded in Plat Book 2, Page 16, Public Records ~~a - of St. Lucie County, Florida J ~ d~N~ ~ ; ~ ~ Thi s property more com,~on~ y known as - ~r 1517 Indiana ~ve., ,Ft. Pierce, Fla. ~ Includir.g all chattels contained therein. ~ ,F ~ l _ us Q ~ . - - '`7 y~p~~ ~ ~v: y--~_`~i:::,%~ •+S ~ c~ ~ DOCUMENT~~ __S ~ ~1P TA:( z W°'" ~ ~ _ " ~420= ' ~ o ~ ~ a ~ ~ a c~HatROi.uEa ~ = pR,1^4l=s _oa~ G - - ~ E Toaether with all tiahts. members. pri~ileges~ hereditaments. easemeats and appurteoances belongina or appe~tainina. ~ Mortgagor hereby covenants and wanancs cu the Morcaagee, his heits, successors and sssians. that he has : fee simple [itle to said property, Irte from all encumbrances ezcept: i TO HAVE ANU TO FiOLD all and singular ehe atotegtanted and bargsined pcemises unto t6e Noctaaaee foce~et, pco~ided always that i( the Mottgagor shall and will pay to the order of the Moctgagee. actordina to•its tena and ef(ect. that certain pt«nissory note of even date herewith and secuted hereby and any other sums wrhich betome owina by the Mort~aaor tu the Moagagee prior to cancellation hereof, then thic mongage shall cease~ tetminate sod be ~oid~ otherwise to remain in full fotce and etfect. The Nottgagoc agrees and covenancs [o pay a11 taxes and special assessments against the prope~ty and agtees to pay all ta:es le~ied under the laws of this S~ate on che indebtednecs secured hereby. Mortaaaor futther covenants and agcees that he wiU at all cimes until the release of chis mortgagr keep in totce a policy of iasunnce on chat portion of the moregaged ptoperty ahicb is insutable co?ering loss aad damage by fire and the other casualties co~ered by the usual comprehensive casualty insurance policy. Such policy~shall be aith Jti insurer acceptadle w the Mor~gagee. in an amounc not less ehan the balance uwing upon the indebtedness secuted heteby. with loss payable tu the Mottgaaee. In the eveot of loss, Mottgagot shall give immediate notice by mail tu the ~lottgagee. ~rho w~ill make pcoo( o( loss if not made promptly by the MoRgagor. and tach insurance_companp concerned is here6y authoiized and duected_m_aulca_~aymeot_tot_such-loss-diucdy-to the-#lortsagee instead of tu the Wortgagee and Atortgagor jointly but. in the e~ent any payment is made joiMly. Mortgagot hereby authorizes Mortgagee to endorse his name on any check. draft or money order as his atturney-in-fact. Upon paymenc tor loss. the Mott- gaaee may ac his ~ole option apply such proceeds to teduce the balance of the indebtedness,otto restore t6e monaage pcop- ~ ert , In the event I~~ott a ot shall•n~ leet oc,retuse to obtain said insurance or Y g R g pay any ta:es wh~n due. ~l~en the INortaagee may at his sole option obtain such insurance or pay all such ta:es or both, aad all sums e:pended therefor are herebysecured by this mortRaae and shall be due immediately from Jfortgagor t~ Mortgaaee with~ interest at the rate of IOx pet annum hom tht date ot paymenc by the !1lo~tgagee until paid. The \foitgagor aarees and co~enants thac he will maintain the mortga6ed property io aood coodition and na eo commit or to permit anyone elsr to commit ~raste, reasonsWe wear and cear excepted. Upon the failute of the 1lortgagor to so maintain the mortgaged ptopetty. the Mortgagee may cause reasonable msintenance w~odc to be performed at the cose of che Mortgaaor~ Any such swn so e:peaded shall be due immediately (rom lNongaaor with intecest at the rate of IOR pec annum from che date e:pended until paid. The lilottgaaot i~eceby.~esis ehe Mor~aaaee writh the full power and authotity. upon the breach o( any covenant ur wurant hecein contained~ or npoe" any defltult in the payment of anr instvlment pro~ided in said note oc any renewal oc e:eension ehereof. oc in the petformance oE:~my a~reement hecein contained. to declate the entire indebtedness 6ereby secured immedi- ately due and payabl4, aithout fioticc to any person. co ptoceed to foreclose this moctgaae in sccordance ~rith.laws oI this s~a«. Thi s i nstrumentprepared by : ~ ~ M-21 (4-67) .•-..1~ p "'t, o~on+. ~ °~+w. ' 60~~~~- ~ 8~3 3Z~~ - - - ~--,~__.Y._,_~~______ _ ~ - - - w~r., ~ a3 ~