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Home My WebLink About0440 ~y~'1~3 - I ~ ~ MORTGAGE DEED AND SECURITY AGREEMENT THI3 MUR'!'GAGEs Dk:~D (Ihe MoriB+~Be), d+~led ne o( `7~uaY'y 3~ i , 18 by :ind hetwcrn Francis A. Wilson and Fannie M. Wilson, his wife (hereinttfter catlled Mortgagor) a~od $UA Bank Of $t. Lueie County , h:~~~ing :~n otticeat 111 Orange Avenue, Fort Pierce, .F~orida (heminutter~•tdlrcll~loriRagre): WITNESSETH, lhnt in conaidendion ot the premisea anci in order to aecure the pnyment of hoth lhe princi{wl of, nnd ` inteoeat And any other auma {wyuble on the note (aa hereinntter detined) or thie Mortguge and the {~ertormnnce und ob- : servance ot all ot the proviaiona hereof and ot said note. Mortgngor hereby granta, sella. warmnts, aliens, remises, releases, ' conveys, aasigna, transters, mortgaAee and seta over nnd confirms unto Mortgugee, nll ot hlortgAgor's estnte, riRht, title und iuterest in, to and under nl) that certuin rnai pro~~erty eituatein $t. Lueie Counly, Floridu mare ~h~rti~•ularly = descriAed na followa: Lots 19 and 20, Block 5, of Lawnwood Addition, as per plat thereof on file in Plat Book 6, page 6 of the Public Records of St. Lucie ` County, Florida. This mortgage is being re-recorded to correct legal description in mortgage recorded in O.R. Book 279 page 2947 public records of St. Lucie County Florida. No additional intangible tax and documentary tax is required.. 'I'OGh'THER WITH all improvements now or hematter located on said mal pro~~erty and all (ixtures, appliances, ap~xirntus, equipment, heating and air conditioning equipment, machinery and articles of personal property and mplacement thereot (other than those ov?ned by lessers of said real property) now or hereatter a(tixed to, attached to, placed upon, or used in any way in connection with ihe complete iind comfortable use, occupancy, or operation of said reul pro{~erty, all licenaes and permits used or requirrd in connection with the use o[ said re~~l property, all leases of s~id real property now or herea[ter entered into and nll right, title and interest of Morigagor thereunder, including without limitation, cash or securi- ties deposited thereunder pursuant to said leases. and all rents, issues, pra.~eeds, and pro(its accruing Irom said real property and together with ~11 proceeds of the converaion, voluntary or im•oluntary of any of the foregoing into cash or liquid:+ted _ claims, including wit6out limitation, proceeds of insurance and condemru~tion awards (the forngoing said re~l property, tangible and intangible personal pro~~erty heminafter reterred to as the Mortgaged Property). Mortgagor hereby gr.ints to Mortgagee a security interest in the foregoing described tangible and intangible personal property_ TO HAVE AND TO HOI.D the Mortgaged Property, together with all nnd aingular the tenements, hereditaments and ap{~urtenances thereunto belonqing or in anywiae appertaining and the reversion and reversions thereof and all fhe estate, right, title, intereat, homestead, dower and right ot dower, separate estate, pavsession, claim and demand whatsoe~~er, :is well in law as in equity, ot fi[ortgagor and unto the same, and every {~art thereof, with the appurtenances of MortgnRor in and to the same, and every p:irt nnd parcel thereof unto Mortgagee. ~ 1~tortgagor warra~ts that it tws a good and marketable title to an inde(easible fee estate in the MortRaged Pro~?erty ~I subject to no lien, charge or encumbrance except such t~s T4ortgagee h:?s agreed to accept in writing and I1lortgagor co~•en:~nts that this Mortgage is and v~ill rem~in a~•alid and entorceable first mortgage on the Mortgaqed Pro~~erty subject only to the exceptions herein provided. Mortgagor has (uU Eww•er and lawful authority ta mortgage lhe \iortgaged Pro~~erty in the _ m~nner and form herein done or intended hereafter to be done. Mortgagor will preserve such title and will torever warrant and defend the same to Alortgagee and wil! forever w~m~nt and defend the v:tlidity and priorily ot !he lien hereof aKainst the claims o( all persons and parties whomsoe~~er_ Mortgagor will, at the rost of Mortgag~r, and without ezpense to Mortgagee, do, execule, acknowledge and deliver all and every such furiher act~, deeds, conveyances, mortg:~ges, assignments, notices of as.4ignment, transfers and assurances as Mortgagee shall trom time to time rc~uire in orcier to preQen-e the priority of the lien of this MortRaRe or to (acilitate the perforinance of the terms hereo(. . PROVIDED, HOW,EVER, that if MortgaRor shall ~x~y to MortR:~Ree the indebtedness in the principal sum of $ 8,~~~•~~ as evidenced by that certain pmmissury note (the Notel, of even date herewith, ezecuted by Mortqagor ~nd pay~ble to order of Mortgagee, v?~ith interest and upon ihe terms as arovided therein, and together w•ith all - other suma advanced by Mortgagee to or on ~haltruaMl.lo,rig~, r qu~~~nt to the Note or this Mortgage, the final maturity _ date ot the Note and this Mortgage t?eing r D 1 , and shall pertorm all other covenants and ~ conditions ot the Note, all of the terms ot which Note are incorpornted herein by reterence as thouRh set forth fally here- in, and of any renewul, extension or moditic~tion, thereof and of this A'IortKage, then this Mortgage and the eslate hereby created shall cease and terminute. Mort(Gaqor further convenants and agrees with Mortg:iRee as follows: 1. To pay all sums, including interest secured hereby when due, as provided tor in the Note and any renewal, eztension < or moditication thereof and in this MortRaRe. a~1 such sums to be payable in law(ul money of the Ur~ited States o( America ` at MortqaRee a a(ore~zid principal o(fice, or at such other pl:~ce as MortgaRee may designate in writinQ. 2. To pay when due, and without requiring any notice from hfortgagee, all Wxes, assessments of any type or nature :~nd other charges levied or :issessed against the Mortgaged Property or this Mortgage and produce receipta therefor u{wn demand. To immediately p:iy and discharqe any claim, lien or encumbrance against the Mortgaged Property which may i~e ~ or t~ecome auperior to this MortgaRe and to permit no default or delinquency on any other lien, encumbrance ar charge , :iRainst the Mortgaged Pro~~erty. r 3. If required by MortgaRee, to also make monthly deposits with Mortgagee, in a non-interest bearing account, to- gether with and in addition to interest and princi~~l, ot a sum equal to one-twel(th of the yearly taxes and asses.9ments which ~ ' may be levied against the Mortgaged Properly, and (if so required) one-twelfth of the yearly prnmiuma tor insurance thereon. The amount of such taxes, assessments and premiuma, when unknown, ahall be estimated by Mnrtgagee. Such de~~oaits shall be u$ed by MortRaRee to p:~y auch ta:es, asses.4ments and ptemiums when due. Any insufficien~y ot such T; . ~ gppK PACE ~eJ~7 • ' . . . - - _ _ -