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MORTGAGE DEED AND SECURITY AGREEMENT
THIS MORTGAG~ DF.ED {the Morigage), dated i~a o( Jan. 24 . 1~8 , by ;~nd t~etM•een ~
ROBERT G. AMES AND MARION S. AMES,his wi€e
(heminufter culled Mottgugor) a~d SUN BANK OF ST. LUCIE COUNTY , huviog un
ot(iceat 111 Orange Ave. ~ Folt Pierce , Mloridn (hereinn(tercalleci Mortgugee);
WITNE33ETH. thnt in conaider~tion of the premises und in order to secure the {u?yment ot both the pri~cipnl ot, nnd
intereat and any oth~r aums payuble on the note (aa heceinW[ter defined) oc thia l~lorigage and the pertormance and ob-
servnnce ot aU of the proviaions hereo( and o[ said note, Morfgagor hereby granta: seUs, warrants, aliens, remises, releases,
conveye, usaigns~ transfera, mortRagea und seta over and i~onfirma unto Mortgagee, nll ot MortgaRor a esinte, riRht, title and
entereat in, to and under ull thnt certnin real prope~ty situute in Rt i.nni P County, F loridn morn ~,arlicula~ly
deecritxd ns toilows:
Lot 17 Block 3 of INDIAN HILLS,ESTATES, accordinq to the Plat thereof ~
as Zt~:vivv~ in Plat Sook 10 page 32 of the Public Records of St. Lucie
County, Florida.
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_y ~ 9. 5 I ROGER P011'M8
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, :.R ~ t.ucM. Co..~
'I'OC:ETHER WITH :~q improvemenls now or hereafter located on sa~id real pro{~erty :~nd aU (ixtores, appli:~n~~~,
ap~?aratus, equipment, heating and nir conditioning equipment~ mNChinery und ariicles ot personal property and rep[acement
thereof (other than those owned hy leasees of snid real property) now or hereafter a(fixed to, attached to, plared upon, or
u.ged in any ws~y in cannection with the complete ~nd comtortnble use, occupancy, or operntion ot said real pro~~erty, :~ll
licensea r~nd permits used or required in connection with the uae ot atiid real property, all leases of s:~id reul property now or
hernatter enterecl into and all right, title and interest ot Mortgagor thereunder, including wit6out limitation, cash or sec•uri-
ties depoeited thereunder pursuaot to eaed teaaes, and all renta, issues, proceeds, and protits accruing trom said real property
and together with al! pra~eeda of the convetsiori. ~~oluntary or involuntary of any of the fotegoing into cash or liquidated
cluims, including without limitation, pra~eeda of insurance and condemnation awards (the fore8oing said m~l property,
tangible and intangible peraonat property hereinatter referred to as the MortgaRed Property). Mortgagor hereby grants
to Mortgagee a security interest in the toregoinR deecritxd tangible and intanRible personr~l property.
TO HAVE AND TO HOLD the Mortgnged Property, together with a11 nnd sin(~ular tbe tenementa, heredit~ments :ind
~~zpurtenances thereanto Aelonging or in anywiae appertaining and the reversion and re~eraiona thereof and all the estate,
right, title, interest, homestead, dower and right ot dower, separate estate, ~wsaession, claim and demand whatsoever, as
v?e11 in law as in equity, ot Mortgagor and unto the same, and every patt thereof, with ihe appurtenancea of ltiottgagor in
c~nd to the same, and every {aart and ~~ar~~el thereof unto Mortgagee.
Mortgngor warranta ttuwt it has a good and marketable title to an indefeasible (ee estate in the MortR~gecl Yro~?ertv
suhject to no tien, charge or encumbrance ezcept euch as Mortga~ee h~s agreed to accept in writing and 1~lortgagor co~•enants
that this Mortgage is and will remain a~~~lid and en(orceable first mortg~ge on the Mortgaged Yroperiy subject only to the
ezceptions hemin provided. Mortgagor has fnll power and lawful authority to mottgage the Mottgagec! Property in the
manner and form herein done or intended hereatter to be done. Mortgagor will preserve such title pnd will torever warrani
and defend ihe eame to MortgaRee and wi11 forever wnrrnnt and defend the v.~lidity and priority o( the lien hereot aRainst
the claims o( all persons and {~rties whomsoever.
blortgagor will, at the cost of Mortgagor, and without expense to Mortgagee, do, execute, acknowledge and deiiver all
and every such further acts, deeds, eonveyances, mortgages, :sssignments, notices of assignment, transfers and assurances as
Mortgaqee shall trom time to time require in order to p~esen•e the priority of the iien of ihia Mort~~Re or to facilitate the
performance of the terms hereof.
PROVIDED, HOWF.VER, that if A4ortRagor shalt p:iy to Mortga~ee the indebtedness in the principa! sum of
3 as e~tidenced by that cert~+n pn,missory note lthe Note), of e+en date herewith, e:e~vted tw
11~ortg~gor and ?h~yable to order of Mortgagee, with interest and upon the terms as pro~~ided therein, and together with all
other sums advanced by Mortgagee to or on behalt o( Mortg.iRor pursuant to the Note or this Morigage, the firwl maturity
date ot the Note and this Mortgage being t~arrh 1' 199~ ; and shall periorm all other covenants and
cunciitions of t6e Note, ap of the terms of which Iltote :ire incorEwrated herein by mterence as lhough set forth fully here-
in, and o! any renewal, extension or moditiration, thercwt and o( this 11ortRage, then this Mortqage and the estate hereby
created shall cease :~nd terminate.
Mortqagor further convenants and agrees with Mortgagee as followa:
i. To pay All sums, including interest secured hereby when due, as pmvided for in the Note and any renewal, extenaion
or modification thereof and in this MortRage, all such sums to be payable in lawtul money o[ the United States o( Americ.~
at Mortgaqee's atoresaid princi~k~l office, or at such other place as MortgaRee may designate in writinq.
2. To pay when due, :ind without requiring any notice (rom Mortgagee, :~11 taxes, assessments of any type or nature
~nd other chargea levied or as.geased against the Mortgaged Property or this tllortgage and produre receipta therefor upon
demand. To immediately pay and discharge any claim, leen or encumbrance against the Mottgaged Property which may be
or herome superior to this Mortgaqe and to permit no de(ault or delinquency on any other lien, encumbrance or chs,rge
aK•~inst the Morigaged Property. ~
3. If required by Mortgaqee, to also m:ike monthly de~wsits with 1ltortgagee, in a non-intetest be:~ring account, to-
gether with and ~n addition to interest and principnl, ot a sum equal to one-twelflh ot the yearly t~~xea and assessments which
may F?e levied aRainat the Mortgaged Property, and (if so required) one-twelfih ot the yearly premiums tor insur~nce
ihereon_ The amount ot surh taxea, assessments and premiums, when unknown, ahall t?e estimated by Mortgaqee. Such
de~~osite ahall he used by MortRaRee to pay auch ta~zes, assc~ments and premiuma when due. Any insu(ficiency ot such
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