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OIAORT~AtiE DEED ~ a~co Fiancial serivicesof
~ Holl ood F1
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~.sT r~~c nws~ ~r~*~~~ s~ousc•s M~~~ Z~S~FS 14th Ave ~ay~fi .
Ross Arthur Irene yere ~ea~h, Fk~rida
That MorE~or hercby srants. baraains, sssi~?s. and conveys unto Mort~ee, the folbwin(t deuribed real rstate in the ('ounty of
St.LuC~B _ , State of i~lurida, to wit
I,ots 54 and 56 Altadena Subdivision, as per Plat thereof .
. on file in Plat Book 4, Page 71, Public Record of St Lucie
County, Florida.
Rsdwd s_1 ~ v 3 In paymeni of Taxes dur on Ctap
C Snb.~+gible Pr~xnat Property pu.swnt to CF~pt~~ 40724. Larvr
d Fbrida, /~kts of 1941. ~
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Cleric of CirC~it
Ind~an River County, Florids '
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DOCtiMEriTARY STAMP TAX'I -~,T~'- _ _
t i °O UEPT_ Of RCYENUE Sr~; _ 1
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i ~~,,~.•thrr w•ith all buikiings and improvrmcntc now .tr hercaftcr rr~rtrd thcrcon rnd •rll xrc~ns, shades, storm sash and blinds, and heatirqe. Get?ting, ptumbing.
~ rkctnc, ven[iiating, refrigenting and air-cunduiuning eywpment u~ed ui connection thrrcNith, all of which, for the purpose of this morlE~e, sh311 be
~f_rmeJ fi~tutes and wbject to the lien hereof. ~nd thn c~redham~nh and rppurtrnances pertain~n~ to th~: property above described, aU of which is referred to
E h; rr~nafter u the "premises".
~ IU HAYE AND TO NOLD said IanJ and pRm~.r+. w~th ail the nghts. prrv~kgrc and appurtenan~YC thereto belongirg, unto mortgagee and his heirs, executors.
t a~im~nistratOrs, succcssors u?d assigns. forevet.
~ `.I~~r.gaEw ako auigns to Mott6agee a11 rcnts. ~sau~~. and prufits uf ~aid prcm~ses, nu:rv~ng the right to colkct and use the same, v?ilh or without takirg
~~.~,xssion of the premises, dutina continuan~r of drfault hcrcunJer, and durinR cuntinu•rnce of su~h default authorizing MortgaEee lo enter upon said premises
~ ~nJ ur collect and enforce the same N•ithout r~guJ tu adrquacy of an~~ securit~ for the indebtedncu hercby secured by any lawful means iacluding
,ppuintment of a receirer in the mm; of any party hercto, anJ tu apply the same less rosts and expenses of opention and collrction, including reuonabk
~uorn~y's fces, upon any indebtedm~ss srcured hereby, in wch order as Mortgagce may determine_
t OR THE PURPOSE OF SECURING: Performance of ach agreement of Mortga6or contained heRin; (2) Payment of the principal wm of ~
S?01 15 _wilh intetest. at provided in accordartce aith the terms and provisions of a Promissory Note/Loan Agcement (hereinafter ~eferted to u
'Promissory Note") datod ,~j~,~..,~~7A " ; maturity date ,(~~'1T , and payabk to the order of Mortba~ce,
which Promissory Note rcferenoe is hercby made• (3) The payinent of any money that may be advanced by the Mortgasoe to blottgasor for any reason
to third ~rtia where the amounts are advanced to protect the socurity or in accordance with the corenants of this Mort6age.
~II payments made by.Mortgasa on the obliption xcured by this Mort~e shall be appticd in the folbwi~ order .
F=1RST: To the payment of taxes and zc~ents that may be kvied and assessed ~aiqst said premiscs, insurana premiums, repain, and a11 other cha~ges
and cxpenaes asreed to-be paid by the Mortgaaor.
SF:COND: To the payment of interest due on said ban.
THI RD: To the payment of principal.
1c) PRnTECC TNE SECURITY HEREOF, MORTGAGOR COVENANTS AND AGREES: (1)To k~~ep said premises inwred a6amst fire and wch ulher
& ~:~~u:~lties u the Mortgagee may spee:ify, up to the full ralue of all improvements for the protection of Martgaare in wch manner, in wch amounts, and in wrh
~ ,~~mpaaies u Mottga~ee may Bom lime to time approve. and to keep lhe poli~ies therefor, properly cndorsed, on deposit with A1ort~re. ux1 that lucc
~ pr~,ceeds (kss expenses of oolleclion) shall, at Mortgagee's optiun, be applied on said indebtedness, whether due or not or lo tht restoration of said
~mprovements. In erent ot bss Mortaagor will pve immediate notia by mail to the Mortga~e who may make pruuf of loss if not mxie promptly by
~fortgaEor, and each inwrana oompany conamed is he~eby wthorizod and dirccted to make payment for such ioss directly to Mortgagee instcad of
~ ~furtgaEor. (2)To pay all t~xes and special assessments of any kind ihat have been or msy be kvied or assessed upon said premises, or any part therrof. 13) In
~ th~ event of defwlt by Mort~ot under Pua6nphs 1 or 2 above, MortgaEee, at its opt"an (whether ekctir?b to declare the whok indebteJneu srcurcd hercby
~+.ue and coliectiblc or noq, may (a).effect the inwrance abore provided fot artd pay the reasonabk premiums and charges therefor: (b) pay all :aid taxes and
,v_ssments without determini~g the ralidity thcteof, and (c) puy wch liens and all such disburxments xhall be deemed a patt of the indebtedness sccurcd by
~ ctui Norigage and shall be immediately due and payabk by Mort~or lo Mort6agee. (4) To keep the buildinys and othet impravementx now or hereafter
~ rected in good condition and repair. not to commit or wffer any wule or anr use of said prertuces contrary to restsietion or rccord or contnry lo law•s,
~=rdinances or reEulatans of proper pubtic authority, and to permit Mortba6ee to enter at all reasonable times for tt~ purpose of inspectina the premises, not
t~, rcmove or demolish any bwldin6 lhereon; to compkte wilhin One Hundred Eiahty (180) Days or rcstore proqlptly and in a good and w•otkmanl~lce manne~
~ny builainE which may be rnnswcted, dama~ed or desUoyed Uxrcon u~d to pay, when due. ail claims for labor perforrt~ed and msterul furnished therefor.
~ S 1 7'hai the Gme
ot payn~eet brthc irtdebtodncss he~ebr xcered, or of a++Y Por~w° tLeK°f, may b extcnded or renewed and any portions of the premise~
he•ein described may, without notice. be refeasod from the lien hereof, withont rekasi~ or aRectina lhe peaonal IiabiGly ot anp person or corpontion for ihe
payment of said indebtedness or the lien of this instrument upon lhe rrm~inder of said prcmises [or the (utl amount of said indebtednets then remaini~~
unpaid, and no chan~e in the rnrnenhip of said Qremises sha11 releaae, reduce or othenrise affecl my wch personal liability on the lien hereby crcated. 16)
7hat he is seaed of the premises in fee simpk and has ~ood ani lawful ri6ht to cvnver the same: and that he dces hereby fotercr wunnt and will forever
ArEend the titk and pa~sion theteof spinst the lawtul daims of any and aq persons whatsaever.
~ Prespared by 3teve Mc(iill 2345 14th Ave. Yero Beach, F1. ~
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6ilu~il~•w P~LL u fAR
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