Loading...
HomeMy WebLinkAbout0197 4U1801 ~ / MORTGAGE DEED AND SECURITY AGREEMENT . ~ 7'HIS MUR'CGAGE Dh:~:D Ithe Mortgagel,~jat~~c1 ns ut April 28 ~ ,~~8 , ~~y :~nd Iwtw~v~n Henry J. Robinson and Irene 42obinson, his wife Ihereinnfter ~•ailled MortguKor) :~nd $1111 Bank Of $t. Lueie County , having :~n ~~~~~~'e+<< 111 Orange Avenue, Fort Pierce, . Florid:~ Ihen•inafter ~•u11~Y1 A4ortga~;r~~1: WITNF.SSETH, that in conaidcr~tion of the pmntises and in order io sec•ure the ~u~yment of tath the princ•i~x~l of, :~nd interest and uny other sums payabie on the note (as hereinn(ter detineci) or this Mortgage ~nd the ~~erformance :~nd oh- sen~ance o[ nll ot the pro~•isions henof nnd ot s~tid note, ~lortgagor hereby gm~ts, selis, warr~nts, a?liens, remi~~, releases, com•eys, assigns, trnnsfers, mortga~ges und srta o~•er and con(irms unto MortgaRee, al) of I1lortg:~gor's est.~te, riRht, title and interest in, to and under all that ceriairt real pro~x~rly situute in $t . Lueie (•nunty, Floridu more p:~rti~•uL•uly dc~~ribed ~ts follows: That part of the N 1/2 of the S 1/2 of the NE 1/4 of the NE 1/4 of Section 4, Township 35 South, Range 40 East, lying West of right of way of Central Flood Control District.Drainage Canal (Taylor Creek) Less and except all publ'ic roads. i ' , = F i ~ . - = r ~ ~ • ~ i Received 8 ' ~ ln Peyment O( Taxes ~ ' < , ~ ~ l- ~ t . ; . ! Ot,e On Class ••C•. Inten~iDls Peraonal Proverty. ~ _ . , ~ y K _ ~ 3 i~. l~ ~ i °u` °~~ant To Chspter 71. 134. ACts Of 18~1. _ , • - ROGER POITRAS c~~' ~ ' - - ~ - ~ f ~e: ~ Cntuit COUrt. St. l.uCie. CO., Fla. 'I'(X.ETHF.R WITH :~II improvements now nr hematter located on s:iid real pro~x:rty :~nd :~11 (ixtures, appli:~n~•~•., apparatus, equipment, heating and .~ir ~~onditioning equipmenl, m:~chinery and articles of E~ersonal pro~~erfy :~nd mplarement thereof (other than those owned hy lessees of s:~id real proF~eriy) now or hemalter atlixed to, attached to, placc~l u~~on, or used in :~ny way in cnnnection with the complete and comfortaMe use, occupancy, or o~~eration of ~id real pm~~erty, :~11 tiernsrs snd {acrmits uscd or mquimd in ronne~•tion v~~ith thc uu of s:tid m.d pm{~erty, a!! Ic::.sc.s of siid real pro{ierty now• nr hercw(ter entered into and all right, titlc and interest ot MottRagor themunder, including without limitation, .ash or scyuri ties de~~osited thereunder punuant to said leas~:z, a~d all rents. ic~ues, proc•e~.~ds, and protits accruinR from said real pro~~rty and toRether with all pmc•eecls o( the com•ersion, ~•oluntary or involunt.~ry of any uf the toregoinR into cash or liquidated claims, includinR without limit.ition, proceeds of insaran~•e and condemnation a~~•ards (the foreRoinR said mal proF~erty, t.~ngible and int~~ngible personal pm~~erty hernin~(ter referrecl to as the MortAaKed Property). 11lortRaQor hemby Kr.~nts to LtortgaRee ~•urity intemst in the loreRoin~ desi•ritx~! tanRible and intanRible person~l proE~erty. TO HAVE AND TO HOLD the Mortg~ged Pro~~erty, toqether w•ith all and singular the tenements, hereditamentti :ind appurten.~ni•es themunto belonRin~ ot in :inywise :~p}~ertaining and the re~•ersion :~nd reversions thereof and all the estate, riKht, title, interest, homestead, doH~er and right o( dower, se~k~r.~te estate, ~~ossession, claim and dem.ind wh:~ts~xaer, a~ w~ell in I:+w as in equity, of MortKagor .~nd unto the s:~me, and e~•ery part thereof, with the appurtenances o( Mort~:~Rur in j and to the k~me, and e~•ery ~x~rt and parcel thereo( unto 11ortR.iKec~. ~ :11ortRagor warr.~nls th.~t it has gcx~ei and marketable tiUe to :~n indefc•:~sible fer estate in the MortR:~Keci Pm~~rt>• ; ;uhjec•t to no (irn, charge or encumbr.~n~•e except such .is Mort~;,ig~ h.~s aRreed to accept in writing and 141ortRaRor co~•t~nants thnt this !~1ortR:iKe is and w~ill remain a~~alid and enton•eable first mortga~e on the i~lortRaged Pro~~erty subject only to the ex~~eptions herein pm~•idecl. MortgaRor h.is full ~ww~er and (aw•ful authority to mortg.iKe the h1ortg:i~ec1 Yro~xrty in lh~• manner :~nd torm herein clone or intended hereaftPr to he done. Mort~a~or will presen•e such title and will fore~~i~r warrant :~nd drtend the same to MortQaRee and w•ill forc~•er w.irr:?nt :~nd defend the validily and priority ot the lic~n hereof aR:iinst the cluims of all persc~ns and ~mrties w•hom~e~~er. i i :~1ort~agor will, at lhe cost oi hlortRaqor, and w•ithout ex~~ense to 14fortK.iQee, do, execute, acknowleJRe and deli~er :~11 ~ :~nd e~ery such furlher acts, deecls, ~•on~~eyan~•es, mortgaQes, assiKnments, notices of aaSiRnment, transters and a~ssurances as \lortgagee shaU fmm fime tn time mquire in order to prc~~ene the priority of the lien of this \1ortRaKe or to fa~•ilitate th~ , ; ~x~r(orman~•e o( the term4 hereof. , ~ YKOVIDED, HOWF,VF.R, thaf i( \1ortRa~or shall pa~~ to MortRaRee fhe indehtecJnecs in the principal sum o( S l~ ~ • ;~s eviden~~erl hy that ~rrt:~in s?mmic.cory note Ithe Note1, ~>f e~~en d:~te herewith, executc~cl b}• Mortga~or :~nd payable to order ot Mortgagee, w•ith interest and u~~n the tPrms as pro~~ided therein, and together w•ith all i other sums ud~:inc•ed by 141ortqagee to or on behalf of MortRaKor ~ursu:~nt to the Note or this Mortg:iFe, the final maturiiy ; date uf the Note and this \4ortRage I~eing April 28 ~ 1~79 , and sh:il1 ~xrform all other co~•enunts and .•unditions ot thP Note, all o( the terms ot which Note are incorporated herein by reterence as thouRh set forth tully here- ; in, and of any renewal, extension or modi(~r.~tion, thereof :~nd of this MortQaRe, then this ~tortgage and the estate hereby ~ i•re:itE~l ch.ill cease ~nd terminate. t 3 !1fortKaKor further con~•enants and aRrees w•ith A1ortKagee :~s tolluw~s: £ 1. 'I'o pay :~II sums, inrludinR interest secured hereby ~hen due, as provided tor in the I~Iote and any renewal, extension ~ ~~r modi(ication thereof and in this MortRaKe, all su~•h sums to he pa~able in lawtul money of the IJnitecl States of America at :~1ortR:iRre's :~forew~id princ•ipal offii•e, or at such other place :+4 Atort~aRec~ may desiRnate in w~ritinR. 2. To {xi~ when due, and without rc~uirinR any noti~•e (rom ~tortRaRer, all taxes, .~ssessments of any ty~~e or n:~ture _ :~nd other charRes levied or a~~~s,ved a~ainct the Afortg:~gecl Pro~~erty or this 1ltort~;age and produre receipts therefor u~x~n dem.~nd. 7'o immediately pay and discharRe any c~laim, lien or encumbranre aRainst the htort¢aRed Yro~~erty which may Ix• or hecome suF~rior to this MortR.~Re and to ~~ermit no default or delinquency on any other lien, encumbrance or charQf• .~k:~in~t the T1ortR.iged PmE~erty. 3. If requirecl b_y MurtQaRee, to also m.~ke munthly de~siis H•ith :~lortgaQee, in a non-interest tiearing account, to- ` Kether with .md in addition to interest and prin~ipal, of a~ sum equal to one-twelfth of the yearly taxes and assesvments which ~ may f~c le~•ied aQainst the 1~1ortRaged Pruperty, and lif so requiredl one-twelRh of the yearly premiums for insuran~~e thercY~n. 'Che amount o( such taxes, as~ssments :~nd premiuma, when unknow-n, shall he estimaled by Mort~;aRee. Such ? de~Nwits shall he used by MortQaRee to paY such taxes, a~~rscments and premiums when due. Any insufficiency o( su~•h z - ~ . . . . 3 - ~ ~-.;s>~ ~ ~ 286 ~ ~~E i~?` _ . . , r~...~~,t