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Home My WebLink About0090 ) ~ MORTGAGE DEED AND SECURiTY. AGREEMENT THIS 11~OR'~Y:AG~ DI~:~:O ~the MorigaKel, di~trd as ot March 20 , ly 78, by :~nd iktwi~•n Geneva Gibson, a`darried Woman, formerly known as Geneva G' 1~arso a single woman (he~e~nufier call~~orfgagot~i~nd $un Bank Of St. Lucie County .~?~+~'~~~x :~n o(tice,~t 111 Oranqe Avenue, Fort Pierce , hlorida Iheminatteri•ulle~f MortKaKer?: WITNES3ETH, thnt in conaiderution ot ihe premisea and in order to scti~ure the ~x~yment of t~oth the ~~rini•i~u~l of, nnd interest i~nd any other sums puyahle on the note (ua heminn(ter defined) or ihie Mortgage and the ~~erto~mance und ob- sen•a~nce of all ot the provisions hereot and ot suid note, Mortgagor heretry gr.~nts, selis, wnrm~ts, nliena, rnmises, releases, conveye, t?esigna, trans(era, mortgn?ges nnd seta o~•er nnd contirma unto Mortgagee, nll of MortR.~gor'a estnte, riRht, title and inlerest in, to and under a~ll thnt certnin renl pro~~e~ty situute in ~~t _ T.i~Ci P ('ounty, Florid:~ more parti~•ul:~rly described ~a toltowa: . Beginning 100 feet West of the Southeast corner of the SW~ of the NW~ of the NE~ of Section 8, Township 35 South, Range 40 East,•run West 50 feet, North 300 feet, East 50 feet, and South 300 feet to the point of beginning. ~ Received s In Pavment Of TexN ~ r T • j- . • ~ OuN On Cl~ss ' . ' tntang+hle Pe?SOneiPfOp~fly I' j`1' k~ ~ _ ' ~ Pu•suarn To Chapter 71. 134. Acts O~ 197L , ~ ~ - • . •i • ~ ROGEP POITRAS O'~~ ( - = _ ~ 1 8. 0 0 ~ . a ~ Ctsrx C~rcuit Court, St. luc~e, Co., Fls. _ ' - _ i TO(:ETHER WITH ~U improvements now or hereafter located on s:iid re:~l pro~~rty :~nd all (ixturc~, applian~•e.. ap~k+r:itus, equipment, heating and air conditioning equipment, machinery and articles ot personal property :~nd repl:icement thereof iother than those ow~ned by les.sees of said ceal ptoperty) now or hema(ter attiterl to, attached to, placed u~~on, or used in uny w~y in conneetion wilh the ~~mplete and comfortable use, «•cu~ktncy, or operation ot said real pro~?erly, all lirenses a~nd permits u.Red or required in connection with the use of said real property, alt leases oi s:?id real pmperty now• or here~[ter entered into and :~11 right, title and interest of MortRagor thereunder, including without limitation, ~•ash or sc~~uri= ties de~~osited thereunder pursuant to said leases, und all rnnts, issues, pr«reeds. and protits lccruing trom said real property and together with ~11 proceeds o( the com•ersion, voluntary or im•olunt~iry ot any ot the (oregoing into cash or liquidated claims, including without limitation, proceecis of insurance and condemnation awnrds (the foreRoinR said reai property. tar?gible and intangible personal pmperty hereinnfter re(erred to as the Mortgnged Property)_ MortRaRor hereby Kr.~nt~ to hlortgagee a security interest in the toregoinR descriFxd tnngible and intariRible ~~ersonal property. TO HAVE AND TO HOLD the Mortgaged Property, together with :~II and singular the teneroents, heredit~?ments :~nd appurtenances thereunto belonging or in anyN•ise :~ppertaining and the re~•ersion and reversions thereo( and all the esfate•, right, fitle, interest, homestead, dower and right ot dower, seE~ar.ite estate, possession, claim and demund whatscever, :?s well in law :i.4 in equity, of 1~lortgagor :+nd unto the same, and e~~ery part thereof, with the appurten:in~es of MortRa~or in and to !he same, and e~~ery part :~nd ~u~n•el thereot unto A4ortgaRee. 1Nortgagor warrants the~t it has a g~~d :ind m:irket.il/IP title to :in indefe:~sihle (~~r est:de in thr MortR.iR~~c1 Yro~x•rty subjee•t to no lien, charge or encumbrance except such :~s 141ortg,igee has agreed to a~rept in writing and 1~1ortRagor ~•o~•enants ' that this Mortgage is and v~•ill remain a valid and enforce:~ble (irst mortgage on the Mortgaged Yroj~erly subjee•t only to the i exceptions herein provided_ !1lortgagor has (ull ~>ower and lawful authority to mortgage lhe ~lortgagecl Pro~x rty in th~• manner and (orm herein.done or intended hemafter to be done_ MortRaRor will presen•e such title nnd will fore~•er warr:int i { :~nd detend the same to MortQaRee and will forever warnnt and defend the validity and priority o[ the lien hereo( aRainst ~ the claims of all ~~ersons and ~wrties w•homsoever. ~ MortRagor will, at the cost ot Mortgagor, and without ex~x•nse to 41orfQ:~Ree, do, execute, acknowledRe and deliver all ~ and e~~ery such further acts, deeds, conveyances, mortgages, asgignments, notices ot assiRnment, transters and assurani•es a~ ~ 1~4ortgagee shall from .time to time require in order to pre~erve the priority of the lien of this A1ortRaKe or to facilitate the performance of the terms hereof. PROVIDED, HOWF.VER, that i( AiortRa~or shall pay to ~1orIK:~F;ee the indet~tedness in the princip:il sum uf ; LZ ~ ~(~Q ~0 as evidenced by that certain promigsory note Ithe Note?, of even date herewith, executed by MortRagor and {h~yable to order ot Mortga~ee, with interest and u{wn the terms as provided therein, and toRether with all other sums advanced by Mortqagee to or on behalf o( lbtortRaRor pursu:~nt to the Note or this A'fortgage, the final maturity date of the Note and this Mortgage being ~3=_T ~ 9! Q 3 , and shall pertorm all other covenants. and ~~onditions o( the Note, all o( the tertns of whi~~h Note :~re ~ncor{x~rated herein by refemnce as thouRh set forth (ully here- in, and of any renewal, extension or modi(ication, lhereot :~nd of this MortRage, the:i this Mortgage and the estate hereby created shall ce.ise :ind terminate. Alortgagor further convenants and agrees with Mortg.iRee :~s follow~c: ~ 1. To pay all sums, ine•luding interest secured hereby v?hen due, as ~?rovideci f~~r in the Note and any renew•al, extension ~ or mndi(ication thereof and in this :~tortRage, all such sums to be payable in I:~w(ul money o( the LJnitrd States ot Ameri~•:~ at MortRaRee's afores:~id prinri~x~l office, or at such other place.~.y MortKaK~ may desiRnate in writinR. ~ 'l. To pay when due, and wilhoul requiring any notice /rom ~14ortRagee, al{ tazes, assessments of any ty~~e or nature ~ .ind other charges levied or assex.ved against the 11~iurtgaged Property or this 1~lortgage and produce receipts there(or up~n demand. To immediately pay and discharge .iny claim, lien or encumbrance againsf the I~lortgaRed Pro~~erty which may lx~ ~ or bec•ome supecior to this MortgaRe and to permit no default or delinquency on any other lien, encumbtance or eharyce aR:~inst the MortgaRed Property. 3. If required by MortgaRee, to also make monthly deposits with Mortgagee, in non-interc~t be~ring account, to- _ ~ Rether ~ith and in addition to interest and principal, o( a sum eqnat to one-tweltth of the yearly tazes and asseagments which may F?e levied aqainst the MortRaqed Property, and /if sa required) one-twel(th of the yearly premiums for insuranm ~ thereon. The nmount of such taxcw, a.~+essments and premiums, when unknow•n, shall lie estimated by MortRaRee. Such ~ de~x~sita shall be used by MortKaRee to p~y such taxes, a~.tiessments and premiums when due. Any insufficiency o( su~h ~ ~ ii:i~ f^-.r . . ~ $I?~~ , . -1- ~ ~ .PXzs~ , so ~ ~ARO~FORE . ~ _ ~ _ : t<' . . . , . . - . , ~.~;.;E~ rlLn~ill~ - - _ - - v~~'"' , `~--x y ~cv~w e .._1 yT-ax~.~ '`~-v~"~'''°~-~ ~ ~ i~ .=Y