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Home My WebLink About0111 39'~839 ' t ~ . l ~ ~ MORTGAGE DEED AND SECURITY AGREEMENT _ TkUS MORTGAGh: Dr:l:D Ithe MortguRel, d+Ned t~a ot ~rch 16 , 197a , by nnd 1?etw~tin LINDA S. MILLER, a single adult (hereinufte~ ~•a~lled Mortgagor) und , h:~~•ing an SUN BANK OF ST. LUCIE COUNTY t~~ 111 Orange Avenue, Fort Pierce . F~~rid+~ (heminatter ~•i+lled MortRugt~): WtTNES3ETH, that in conaideration o( the premises and in order to ~•ure the payment ot hoth the princi~u?1 ot, nnd inteoest nnd any other sume }x~yable on.the note (as hereinailer detined) or thix Mortgage and lhe per(ormance t~nd ob- sen~ance ot all o( the pwvisions hereof :~nd ot aAid note, Mortga~gor hereby grunts, sells, wnrrants, nliens, remises, rele.ises, conveys, nasigna, ttnnstera, martgnges und sets over a~ad contirms unto Mortgagee, :+11 ot MortgaRor a cstate, riRht, title s~nd interest in, to and under nll thut certain m~l pro{~erty situ~te in ~ County, F lorida more ~Hirti~•ulu~ly described ns tollows: - Lot 11, Section One, DRIF'iWOOD MANOR, according to the Plat thereof as ~ recorded in Plat Book 18, Page 6, Public Records of St. Lucie County, ~ ' Florida. Recelvea a In p~~snt Ot T~ . 1 ~ Oue O~ CIASS "C" Int~nOibl~pr~~~ ~ - - - - - - ~~h ~ J1 . - ~.y --r • • _ , • ' o . ~ E_~ _ : u s~;ant Tn Chepter 71. 134 q~ts Qt~~71. _ * ~ : t~ , : i • ~ F~ ' ~ . ~ ROGER POITRA3 ~ . ' ` -ti., ' ,ry ~ " : ~ . , _ ~ , _ " - 1 ' ' C~s•r ~ucwt Court, St. luCls Cp. o = 1 2. ~ ~ i • . ~ ~ ' i q - , ~ 1'O(`ETHER WITH all impmvements now or hrn:atter loc•ated on s:~id re.il proi~erty and aU fixtures, .ippliun~•e~, ap{u~ratus, equipment, heating and .~ir conditioning equipment, machinery and articles uf _{~ersonal pmperty and mplacemer?t thereo( (other than those owned by lessees of said real pro{~erty) now or hereatter attixecl to, attached to, plxced upon, or used in any way in cohnection with the complete and com(oriable use, occu~wncy, or o~~er.~tion of said real property, all licenses and {~ermits used or required in connection with the use of said mal property, all leases of said mal property now or herea(ter entered into and all right, title and interest ot Mort~tagor thereunder, including without limitation, cash or se~•uri- ties depositec~ thereunder pursuant to said leases, and all rents, issues, proceeds, and profits accruing (rom said rnal property :~nd logether with all proceecis of the com•ersion, ~•oluntary or involuntary o( any of the foregoinR into c:~sh or liquid:~ted ciaims, including without limitation, proceeds ot insurance and condemnation awards Ithe tomRoin~ s:iid mal pro~~erty, tangible and intangible personal pro~~erty hereinaifter referred to as the rlortgaged Property). MortRaRor hereby Rr.int+ to MortKagee a security interest in the toregoinR desc•rit~l tangible and inlan~ible person:~l property. TO HAVE AND TO HOLD the tl4ortgaged Pro~~erty, together with all and singular ihe tenements, heredituments a~nd appurtenances thereunto belonging or in anywise appertaining and the reversion and reversions thereot and all the estate, riRht, title, interest, homestead, dow•er ~nd right of dowcr, separate estate, {wssession, cl<iim and demand whatsoe~•er, as WPII in law~ a.4 in equity, ot MortRagor and unto the same, and every {~rt thereof, w•ith the appurtenances of 111ortgaRor in and to the same, and everv part and i~:~n~el thereo[ unto Mortgagee. Mortgagor w:~rrants that it has a good and mirketable title to :~n indefe:?siMe (ee rstate in the MortR:~KE~ci I'm~?erty subject to no lien, charge or encumbram~e e:cept such as Mortgagee has agreed to a~rept in writing and I~1ortRagor co~•en.~nts ~ that this 1ltortgaRe is and will remain a valid and enton~eable (irst mortgnge on the Mortqaged Pro~~erty subjec•t only to the exreptions herein provided. 111ortgag~r t~is (ull power and law(ul authority to mortgage the A4orlgaged ProE~erty in !he ~ manner and form hernin done or intended hereafter to be done. 111ortRagor will presen~e such title and will forever warrant and de(end the same to 114ortKagee and Nil) fom~~er warrnnt and defedd the ~alidify and priority of the lien herenf aRainst i the claims o( all persons and pariies whomsoevei. ~ MartQagor will, at the rnst of 1lortgagor, and without expense to blortAagee, do, execute, acknowledge and deliver all t and every such further acts, deeds, conveyances, mortKages, assiRnments, notices of assignment, transfers and asaur.inc-es as ~ htortgagee shall [mm time to timc mquire in order to presen•e the priorif~ of the lien of this ~1ortRaKe or to (acilifate the ~ performance of the terms hereof. ~ YROVIDF.D, HOWF.VF.R, that i( ~1ortKaRor shall ~r.iy to MortR:i~;ee the indebtedness in the principal sum of ~ S as e~~denced by that certain pmmi~ory note (the Note). of even date herevcith, executed by Mortgagor and payable to order of Mortqagee, w~ith interest and u~~on the ferms as provided themin, and together µ~ith all uther sums advanced by 11lortgagee to or on tiehal( o( AiortRagor pursuant to the Note or this Mortgage, the tinal maturit~• date of the Note and this Mortgage being 1983 •~nd shall pertorm .ill other covenants and - conditions of the Note, all of the terms ot a•hich ote :ire inco.~..~rated herein by reference as though set forth tully here- ~ in, and ot any renewal, eztension or modifi~ation, thereot and of this MortKa~;e, then this MortRa~e and the estate hereby rrealed shall ce:~se and terminate. ~ MorlQaQor further rom•enants and agree.v with lbiortgagee as tollows: ~ 1. To pay all sums, including interest secured hemby Nhen due, as pro~•ided tor in the Note and any renewal, extension or modification thereof and in this 1~lortqage, ~ll such sums to be payable in I:?wful money oi the United States ot Ameri~•:+ • at 1~lortqaRee's atoresaid principal office, or ~t such other place as 1lfortgaRee may designate in v?~ritinQ. 2. To ~~ay when due, and without requirinR any notice from Atort~agee, all taxes, assessments o( any ty~~ or nature ~ and other charges levied or as.~ved against the Mortgaged ProE~erty or this 1ltort~age and produce receipts +.h~-eefor upon ~ demand. To immediately pay and discharqe any claim, lien or encumbnnce against the Mort¢aged Pro~~erty which may be ~ or bec•ome superior to this I~lortgage and to ~~ermit no default or delinquency on any other lien, encumbrance or ~~haryCe ~ aRainst the MortR~ged Property. ~ 3. If required by MortgaRee. to also make monthly de~wsits N'ith i~lortgagee, in a non-interest ~eann~ .~c~•ount, to- F gether with and in addition to interest and princi~kl. of a sum equal to one-twelfth of the yearly taxes and asses.gments which ~ may be levied against the Mortgaged Pmperty. and lit so requirecl) one-tweltth o! the yearly premiums (or insurance ~ thereon. The amount of such taxes, a~.sessments and premiums, when unknow•n, shall bt~ estimated by MortgaRee. Such de~wsita shall be used by MortRaRee to pay such taxes, acsessments :+nd premiums when due. Any insut(iciency of such -1- ~ ~ ~ ~ ~ ~ ~ - - - . ~z.: ~ , ~ ~~i ~~~,w~' ~ ~ : - ~ _