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Home My WebLink About0797 ~ 3'7~6~i4~} ~ ~ - 1 MORTGAGE DEED AND SECURITY AGREEMENT THIS MORTGA(3 DTBD (t6s Mo e) dated a~ o[ ~~t . 1977, by and betweew ~1~ t~?r~•.~~~, a ~"s~~ l6ereinatter caUed Mortasaor) and $~T BAI~K ~ ST. I~ICIE ~kTIY . having an oliios at Zij : ~t ~e, ~0~~8 . Florida (hereinatter called Modgasee); . thst In con~ideration of tbs premise~ and in ordsr tA ~ecure tbs payment oI boW fbe principal ot. and iaterest aad any other suau p~~yable on tbs note (as 6ereina[ter detinad) or this Mortsage and tbe performance and ob- esrve~noe ot sl! ot tlw Pi+cvision~ hereof and oI ~aid note~ Mortaasos 6ereby sraata, sells. wanants, aliens. remi~ea. relea~ea, . conveys. ari~u. traiuters„ mort~e~ and ieti over and contirm~ unto Mortsaaee, aU ot Modgasofs eatate, ri~h~ ti11e and iaterest' in. to and under all thet certain real property situate in ~T- L~F Cou~ty~ Florida more particularly de.cribed as follovw: ~ ~ y Lot 4,~ Block 6, S[l[~tISE ESrA~S accardi~g to the plat ~ I a z th~e~reof, ae reoo~rded in Plat Book 8, page 75, of A~O ~ Public Reoards of St . Iu~cie Co~aity, Florida a 1 ? z ~ i°~ < ~ .~a ~ O ~ ~ ~ ~ STATE ~F F~~RiD~1 ~ • S T ~r DOCUNtE1~tTARY STA NA P 1 A-X ~ 2 ~ C c-~ DE PT. Oi Rf VEPIUE - C , ~ i rn~ i~ o - = aJB26'77~. ~ 0 3. ~ J ~ Ob , ~ o ~ ~ v P ° ~ , ~ ~ ~ RECENED ' IN PA~IEN~~~ c 7 G OUE ON C1ASSx lNTAlNi18lE PER90N~L ~ i cR 71-133. 11C1S t~ l97~.,, p~JR$1l11NT 10 CHfiP'? ROGER !'Gij.~•; CLE,R1( CIFC~IIT W3~1, bl. tu::Iti CO., f1/1~ 1~j '1'O('ETHER WITH all improvementa now or hereafter located on said real property and all ti:turea, appliances, . ~ apparatus, eqaipment, heating and sir conditionins equipment, machinery and articlea of personal pmperty and replacement thereoE (other than those owned by lessees ot said real pmperty) now or hereatter afG:ed to, attac6ed to. placed upon. or used in any way in connection with the complete and rnmtortable use. occupancy. or operation o[ said real property, all licenses and permits used or required in rnnnection wit6 t6e nse of said r~l Pmperty. all leasea of aaid real pmperty now or hereattes entered into and all righ~ title and interest of Mortgegor thereunder, includina without Waitation, cash or securi- ties denoaited Wereunder pu~suant to aaid leaees. and atl renb. isaued, Procceds. and pmCta accrnina (rom said real pmperty and together with a11 proceeds of tbe rnaveraion, voluntary or involnntary of any of the toresoina into cash ot liquidated claimt, includina without limitation. Proceeds of insurance sud condemnation awards (We foreaoing.eaid real pmpertY. tangible and intat~iWe peesonal propedy hereinafter referred to as tUe Mortgaaed Property). Mort~agor hereby grants to Mortgaaee a security interest in t6e (oregoing described tanpW~ and iatangible personal property. TO HAVS AND TO HOLD t6e Mort;aged Property, together with all and singular the tenements, hereditamenta and appurteuances thereunto belongin6 or in anpwise appertainina and the rev~ersioa and rev~ersions thereof and all the estate, right, title. intereet, 6omestead, dower and right ot dower, aep~rate estate, poe~seaeion, claim and demand whatscever, as well in law aa in equity, of Mortgaaor and unto the same. and every pad thereof; with the appartenancea of Mortgagor in and to the seme. and every part and parce! thereo[ unto Mortgagee. Mottgagor warrants tbat it 6as a good and marketaWe title to an indefeasible [ee estate in the Mortgaged Pmperty subject to no lien. charge or encumbrance e:cept such as Mortgagee bas agreed to accept in writing and Mortgagor covenants t6at thia Mortgage is and will remain a valid and entorceable fiist mortgage on t6e Mortgaged Property subject only to the e:ceptiona bet+ein prov~ed. Mortgagor has tull power and lawful authority to mortgage the Mortgaged Property in the ; manner and form herein done or intended 6ereaiter to be done. Mortgagor will preserve auch title and will forever warrant ' and de[end the same to Mortaagee and will forever warrant and defend t6e validity and priority ot the Uen hereof against f ~IC C~81ID8 OE Sll pCI801ffi 87Id j/8Tt1@6 W~lOID80CYCi. - Mortgagor will. at the cost of Mortgasor. and wit6out ezpenee to Mortgagee, do, e:ecute~ acknowledge and deliver all • - and every such furt6er acts. deeds, conveyances, mortgages, assignmenta, notices of aesignment, transters and aawrances as Mortgagee shall fmm time to time require in order to pe~erve the priority o[ the lien of this Mortga6e or to tacilitate tl~e pedotmanee of the terme hettwf. PROVIDED HOWEVER, tbat i( Mortaagor ahall pey to Mortgagee the indebtedneas in t6e principal sum o! _ i 2 r~~ as evideneed by that certain promissory note (the Note), ot even date her~with. ezecuted by Mortsaaor and peyable to order of Modgagee, with interest and upon t6e terms aa provided therein, and together with all other sums advanced by Moitgagee to or on ~half~ ~~orpursuant to the Note or t6ia Mortgage, the final tnaturity date o( the Note and thia Mortgage being °L~ie Z~~S , and s6a11 pedorm all other covenanta and rnnditio~ of the Note, all of the terma of which Note are inrntporated berein by reterence as Wough set fort6 t~illy here- in. and of any renewal. eztension or modification~ thereo[ and of this Mortgage, then this Mortgage and the ertate hereby cre~ted ahall cease and terminate. Mortgagor fntUser convenants and agrees with Mortgaaee as tollows: 1. To pay all sums, including intereat secured hereby when due. aa provided for in t6e Note and any renewal. eztenaion or modi6cation t6ereof and in this Mortgage, all such euma to be payable in lawful money of the United 3tatea of America at Mortgegee's afor~aid principal otfioe, or at wcb othet plaee as Mortgagee may deaignate in writing. ~ 2 To pay when due. and without requirins any notice trom Mortgagee, all tazes. ase~ementa ot any type or nature ~ and otber c6argea levied or assessed a88inst tbe Mortgeged Property or this Mortgage and produce receipts there[or upon demand. To immediately pay and discharge any claim, lien or encumbrance against the Mortgaged Property which may be ~ or become wperior to this Mortgage and to pernuit no default or delinquency on any other lien~ encumbrance or r_~rge against the Mortgased Property. 3. If required by Mortgegee, to aleo make monthly deposita with Mortgagee, in a non-interest bearing account, to- gether with and in ~ditan to intereat and principal, o[ a sum equal to one-twelfth of the yeady ta:es and aneasments which ~ may be levied a~sind t6e Mortgaged Property, and (it so required) one-twel[th of the yearly premiums tor insurance ! thereon. Z'tte amoant of snch tazes, aeseamen4 end premium~ w6en unl~nown. shall be estimat~d bY Mortgaaee. 3uch ; depoeita ahall be tved by Mortgaaee to pay such t~ee, asse~saienta and premiums when dae. Any insufticiency of such ~ -1- 6~~K 273 P~~f 794 _ . _ .-~~~:6 _ - - t_ .