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Home My WebLink About0320 ~.3:~~~7 ~ MORTGAGE DEED AND SECURITY AGREEMENT ' TNIS MON7'C:AGE DFN D lthe 1~lortguRrl. dat~Kl ~i anuary 6~ . 1y 78, :~nd I~etwiti:n Dominic Procino and Ann Procino, his wife (herrinu(tor c:~Ucd MoHgugor) and $LlA Bank Of $t. Lucie County . h%~~'~~~~ o((ieeul 111 Orange Avenue, Fort Pierce, . , h'loriilai (hemin:~(terc:~Uec! 141oriKagt~): WITNESS~TH, that in conaider.ition of the premises and in ordcr to sM•urn the {k~yment of hoth the prini•i~~:d of, and interest and any other suma payable on the note lus hereinafter detined) or thix Mortgage nnd the ~xrtorm:~nce a~nd ob- sen•nnce ot all of the proviaions hereof and ot snid note, I~tortgagor hereby grants, sells, warrnnts, nliens, mmisc~, releascs, com•eys, ns9igns, trnnsfers, mortgaRes und sets over .~nd confirme unto Alortg~gee, all of Mortgugor's estute, riRht, title und interest in, to and under all that ~rrtain real pro{x rty situute in St . LUC1@ County, r•i~n~iu more ~u~rticul~~rh• described ns (ollows: . Lot S, Block 18, QUEENS COVE UIdIT 1, as per plat thereof as recorded in Plat Book 11, pages 12A, 12B, and 12C of the Public Records of St. Lucie County, Florida. A~e~~~a ~ w ~n~+~ aT~w S T~1.T E'~ ~ f= i:.~ ~ ~ue on C~acs "C' M+wt~1~ AM+~Ol~IA~MI~r ~.7 ~ D7."tIMEN7l~RY ST1-M'-- ~ Pu~wontToCIMp1K~/1~1~~a~ -t}~~~EVF'~vu[ r. : . ( . ' ~ ~p~ i o•~e 1~,~'~~;'~`1=~ ~ 1. 4. 2 5 1 ~ rOf1'M~ ~ - e e- ~ 1 p~rlc Circuit Cou~t. a1. t+uoi~ Cw. ~ ~ T(X;ETHER WI'CN all impu~vemenls now or here~tter loc.~ted on. s:~id m.il pro~~erty and all fixtures, applianc~w, i apparatus, equipmenf, het~ting and air conditioning equipment, machinery .ind articles ai E~ersanal pro~~eriy und replacement thereof (other than those owned by lessees of said real pro~>erty) now or hema(ter aftixcKl to, attached to, placed u{x~n, or us~~i in uny way in connection with the compiete and com(ortable use, occupancy, or o~~eration of ~iid real proE~ert~~, all li~rnses and ~~ermits used or requirecl in connec•tion with the use ot said real pro~~erty, all lea~es of s:aid real property now or here:ifter entered into und all right, title and interest ot A4ortR:~gor thereunder, includinR without limitation, cash or se~•uri- ' ties de~wsited thereunder pursuant to said leases, and all renls. issues, proceeds, and profits accruing Irom s:iid m:~l pro~~erty and toRether with all proceecis ol the crom•ersion, voluntary or involunt~iry of any o( the (oregoing into cash or liquidatc~cl clairr?s, including ~vithout limitation, proceeds ot insur~nce and condemnation nwards (the foregoing sa'sd reul pn,perty. ~ tangible and intangible personal pmperty hereinafter referreci to as the Alortg:~ged Pro~?erty). MortR.~Kor hereby Krant. ~ to Mortgagee a security interest in the foreRoinR desc•ribecl tanRible and intanRible personal proE~eriy_ ~ j TO HAVF. AND TO HOLD the Mortg:i~cYi Property, together with all and singular the tenements, heredit:~ments :ui~l ~ :~ppurtenances themunto belonginR- or in anywise appertaining and the reversion and mversions thereot and all the estatt•, { ~ riRht, title, interest, homestead, dower and right ot dower, separate estate, ~~ossession, claim and demand whalsoe~~er, :i~ well in law as in equity, of MortgaRor and unto the s:~me, and e~•ery part thercrof, with the ~ppurtenances oF A1ortRa~or in ~ .~nd to the k~me, and e~~ery part and parcel thercv~( unto TlortgaRee. ~ :~lortgagor warrants that il has a good and marketable tiHe to :~n indeteusible fe~~ est:de in the LtortK:~~c~1 Yn~~~erty subject to no lien, charRe or encumbrance except such as 4iortg;igee h.~s agreed to ai•cept in writing and MortQagor cocrnants ~ th<~t this lbtortgage is and will mmain a valid and enforreahle first mortgage on the Mortq:~ged Property subje~•t only to the • exceptions herein providecl. ~lortRagor has tull ~x~w•er :md lawful ~ authority to mortg:~ge the ~iurtgaged Yro~~erty in th~~ ~ m:inner and form hemin done or intended here.~iter to be done. AiortR:~~or H~ill presen•e such title and w•ill farever µ:~rr:mt ~ and defend the same t~ MortRagee and will fore~~er warrnnt :~nd defend the v:~lidity and priority o( the lien hereof aRainst a ~ the claims ot .ill ~~eraons and parties whomsoever. ~ ;~Iortgagor will, at the cost ot 11ort~agor, and without exEiense to MortR:~Ree, do, execute, :~rknowledge and deli~•er all ~ and e~•ery such further acts, deeds, conveyances, mortgaKes, :~ssignroents, notices o( :?.csiKnment, transfers and assur.inces a~ s ~tottgaRee shall (rom time to time mquire in order to pmsen•e the prinrity nf the lien of this :~lortgaRe or to (:~cilitate the _ performance of the terms hereof. ~ YROVIDED. HOR'EVER, th:~t if ltortKaRor shall ~r.iy- to Mort~:~Kt~c• tht• indehtedncs,s in the princi~ral sum o( g 9500. 0~ ,~S e~•~denced by that ~•ert.~in promissory note (the- :``ote?, of e~~en date herewith, executecl hy ;~tortgagor and payahle to urder of Afortga~ec, with interest and u~x~n the terms as pmvided therein. ~ind toqether ~~ith all ~ other ,ums ad~~anced by DlortgaKee to or on 1?eh.~lf o( A1ort~aRor wrsu.~nt to the Note or this ~lortgage, the final maturity d:ite o[ the Note and this l~torigage being Feburary 1~ ~979 , and shall ~~er(orm alt other co~~en.ints and ~ - ~~ondilions of the Note, al) of the terms of which Note eire ~ncor~x~rated herein by re(erence as thouRh set forth (ully here- ~ in, :ind of any renewal, extension nr m~clitication, thereof :+nd of this htortR.+ge, then this Mortgage and the estate hereh}~ r~ ~ reated shall cease and terminate. ~1ortRaRor (urther c'onvenants and .~Rrees with AlorfgaRee :iS ~OII(1W$: 1. 'I'o pay a~ll sums, including interest secured hemby when due, as pro~•ided for in the Note and any renew•al. extension or moditication thereof and in this 111ort~.iRe, all such sums to he ~yable in lawful money of the CTnitecl States o( Americ:i ~ _ at 111ortRaRee's afores:~id principal office, or :~t such other place as hlortKaKee m:~y desiRnate in writinR. 2. "To pay when due, and without requirinR any noti~~e trom I~lortgagee, all taxes, as.4es.sments of any ty~x or n:iturc~ :~nd other charges levied or assrs.~x1 against lhe l~lortg:~ged Pro~~erty or this h9ortgage and produce receipts theretor u{wn :;;i demand. To immediately pay ~nd dis~~harRe any claim, lien or encumhrance :~gainst the hiortgaRed Pm~~erty which may I~e ' on c~r•omr su~~eriot to this 1~lortgnRe and to ~~ermit no de(ault or delinquency on any other lien, encumbran~•e or rharK~~ .~K:~in~t the MortRaged Properiy. 3. If required by MortR.~Re~e, to also makt~ munthly de~~sits with ;~tortRaRee, in a non-interest }?earinQ accuunt, to- ~rther w•ith and in addition to interest ~nd principal, of a sum eyu~l to one-twelflh of the yearly taxes :~nd assessments which - may t~e le~~ied against the 1~tortRaRed Property, and lif so reyuiredl one-twel(th ot the yearly premiums (or insurnnce thereon. The :~mount o( such taxes, assescments and preminms, ~vhen unknown, shall be estimated by Atort~aRc~e. Such deE~its sh:~;~l~a,.ps~d.bv~ Mb*~~,+R~_t9 n3V ~~~ch taxes. :i~.~escments and premiums whert due. Any insu(ficiency of such ~ SL~~ ~ ! . _ , , ' F. . . , ~ CAROL FORE , . i, ~ , _ . , / ( a . . ` , l ( _ i . • ~ ~t~ t~.' . . I.i 11 ~ i,t,OX~ r"~i GV