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Home My WebLink About0603 39~1~8 ~ . l 9 MORTGAGE DEED AND SECURITY AGREEMENT ' TH18 I110R'!`GAGB D~BO (tb~ Mort~a~e), dated as o[ March 8. , 1978, by and betweeo ' Delores Hutchenson f (bereinatter callyd Alo~) and S11I1 BalIlk Of St . Lucie County , having un ~ 111 Orange Avenue, Fort Pierce, . F~orida (hereinu(tercalled MortgUgee): WTI`NFffiE'PH, tLat ia c~os~ideratioa ot tlie premises and in order to eecure the payment ot both the princi~xl ot, and interert and an~ ot6er snms payable oo tbe note (as l~ereinatter defined) or this Mortgage and the per(ormance and otr i seivaaee d all ot t6e pro+isioti bereot and ot said note. Mortgagor hereby 6ranta, sella, warrants, aliens. remisea, releae~es. ; con„ey~ ari~, tra~ten~ mort~es and set~ over and coniirms unto I?tortgagee, all ot Mortgagor a eatnte, riRht, title und ; intereat ie~ !o and ander aU tbat certain real property situate in $t . Lueie Counly, F lorida more {xirticularly ~ de~cribed a~ tdloas: ~ Lot 4, Block 6, Sunrise Estates according to the plat ~ thereof, as recorded in Plat Book 8, page 75, of the ; Public records of St. Lucie County, Florida. J Recswea s . ~ ~1~ - - - _ . - , . PaYnwnt OtT~ ~ C.lass + - - ~ C~ 7 ~ ; ~ ~ ~ F? ; ~ i ~u~ o•? ..c inta~ias : `'7 ~ ' , ' ~",E~! M,~ S_L. M • ~ pu~SUant TQ CAsptur 71 134~ AOb 1~1,h• ` L - - , ~ _ _ - ' ~ RO(3ER Pd 4 1' -=a i 0 3. 7 5 i c~ cuc~n coun. st ~.uat~,~oo, ' ~ . ~ . • ~ ~ G __r _ i . 'I`OGE1'HER WiTH aU impror•ementa now or hereatter located on said real property and aU tixtures, appliances, apparatus` equipment, 6eatins and air conditioning equipment, machinery and articles ot personal property and replacement thereof (otber tLan t6o~e o~sned by leseea of said rnal property) now or hereatter attixed to, attached to, placed upon, or used in any .ra~ in coanection with tbe complete and rnm[ortable use, occupancy, or operetion ot eaid real property, all ' licenxs and permits u~ed or required in connection with the use o[ said real property, all leases ot said real pu,perty now or : herPafter entered into and all ri66t, title and intereat o( Mort(~agor thereunder, including without limitation, cash or securi- ` tiea deposited tbe~und~ purauant to aaid {eaaea, and all rents, issues. Proceeds, and protits accruing [rom said real property ' and toaether rritb~ al! pm~cee~s of tLe conversion, voluntary or involuntary of any of the toregoing into cash or liquidated claims, includin~ witlwut limitatioq proceeds o( insurance and condemnation awarda (the foregoing said real property, : tan~bie aad inisn6ible per~ona! p~operty 6ereina[ter reterred to aa the Mortgaged Property). Mortgagor hereby grants = to Motfaa~ee a security iaterest in tbe fore6oin~ described tangible and intangible personal property. S TO HAVE AND 'PO HOLD tbe 1ltort6aged Property, together with all and singular the tenements, hereditaments and appurtenam~es t6eceun/o belonsi~ or in anywise appertainin6 and the reversion and reversions thereof and all the estate, ~ right, title, infereat, Lomestead, dowrrr and ri6ht of dower, aeparate estate, po~session, ciaim and demand whatsoever,. as well in law as in equit~, ot b'Iort~or and nnto t6e aame, and every part thereof, with the appurtenances of Mortgagor in and to tbe same, and e~~r part aad parrei thereot unto Mortgagee. ; 111ortbaaor wrarrants that it 6as a good and marketable tiUe to an inde(easible fee estate in the Mortgaged Pro~~erty suhject to no lien, char6e or encumbrance e:cept such as Mortgagee has agreed to accept in writing and Mortgagor covenants t6at thia Mort~e is and will ~emain a valid and enforceable first mortgage on the Mortgaged Properly subject only to the ' ezceptions 6ercie prorided. I?iort~or haa full povr•er and law(ui authority to mo~tgs~ge the Mortgaged Property in the ; manner aod torm herein done or intended hereafter to be done. Mortgagor will preserve such title and will forever warrant . ~ and defend tbe aame to Hort;aaee and anll forever warrnnt and defend the validity and priority of _ the lien hereof aRainst ~ the claima af all peisons and pa~ties wlwmwever. , 1Nartaa6or ~vi[!. at t6e coat of ~tort~or, and without ezpenae to Mortgagee, do, e:ecute, acknowledge and deli~~er all ~ ~ and e~rry auch (urtber ac$ deeds, conv~eyancea, mortgages, aasignmenta, notices ot assignment, transters and assurances as i Mortgagee a6a11 from time to time iequire in order to preserve the priority of the lien of this Mortgage or to facilitate the ~ performanc~e of tbe terms bereof_ E f PROVIDED, NOW'EVER, that if Mortgagor s6a11 pay to Mortgaqee the indebtedness in the principal sum ot _ j E 2500• ~0 ~ e~~denced by that certain promissory note (the Note?, of even date herewith, e:ecuted by ~ 11lort~or and payable to order of ~tortaagee, witti interest and upon the terms as provided therein, and together with all € other aums ad~~m~ed by Mort~ee to or on behalf ot Mort~agorpursuant to the Note or this Mortgage, the final maturity ~ - ~ date of the Note and this Mort~e beu~ ~Y 5, 19 t31 , and shall perform all other covenants and s conditions of tbe Note, aIl ot tbe terms of w6ich Note are incorporated herein by reterence as though set torth tully here- ~ in, and of any rene+~al, e:teasion or modification, thereo( and of this 1~lortgage, then this Mortg~+ge and the estate hereby € ~ created shal) c~ease and terminate_ ~ ~ Moet;aaor fnrtber cnltvenanta and agre~s with Mortgagee as tollowa: ~ ~ ~ ; 1_ To pay all sums, includirea intereat secured hereby when due, as provided for in the Note and any renewal, e:tension t or modificatioa lheteof and in thia Nortqa6e, all auch sums to be payabte in lawful money of the United States of America at Mort~ee's afoirsaid principel otfice, or at ~ch other place as 111ortRagee may designate in writing. 2 To pay wben due, and Ritbout requiring any notice from Mortgagee, all ta:es, assessments ot any type or nature = and oiher charaes levied or aaaea~ed aaainst the Mortgaged Property or thia Mortgage and produce receipta therefor upan ; z demand To immediatdy pay and disc6arge any claim, lien or encumbrance againat the Mortgaged Property which may be ~ = or bec~ome superior W thi~s Mortaage and to perntit no detault or delinquency on any ot6er lien, encumbrance or charge _ ^ ap,ainst tbe btortaa~ed Property_ • J y 3. If iequired b~ Mott~ee, to also make monthly deposits with Mortgagee, in a non-intereat bearing account, to- ` - getber with and in addition to inte~est and principal, ot a sum equal to one-twelRh ot the yearly tazea and assessmenta which ± may be le~ied agaimt the '~fortaaaed Property, and 1if so required) one-twelfth of the yearly premiums (or insurance T ihereon_ 'Ibe amwnt d such tazes, a~eeaamenta and premiums, when unknown, shall be estimated by Mortgagee. Such s depoeita sha0 be med b7 Mort~ee to pay such taxea, aseeasmenta and premiuma when due. Any insufticiency ot auch ~ ~ ; ~ ;•-•-.r.,_• , Th~s - . ~ ~~.ii, t,r rT - - ' . ^I ~R ' ~ S~~ ~ _ . ~~83 o ~ 6~ CAROL FORE ~ ryt _ . 81 ~ lii . '.T..r.:,i r:_. ~ .