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Home My WebLink About0484 ~ J~ %~r ~ ~f~ ~ossso , MORTGAGE DEED AND SECURITY AGREEMENT ~ ~ THiB MOItTGAGB D1~ED {ths ht~rtgage}, dated as af May 2 G.- - . ig7 8, by betweeA Therese G. Dion (hereioatter called Mortgagur) und $L1fl BSA~C Of St. LLlC~B COL1Ilty having uo ~otticeat 111 Oranqe Avenue, Fort Pierce, . Florida therninaftercalled Mortgugee): WITNE89ETH. that in coosideration ot the premiees and in order to ~ecure the payment ot both the principal of, and interest and aay other se~ms payable on the note (as hereinattet defined) or thu Mortgage and the pedomiance and ob-. ~ervance ot nll ot tbe proviaions hereot snd ot said note. Mortgagor hereby srenta, sells. warranta. aiiens, remisea~ mleseea, ' conveys. assigns. transten, mortga8e~ and ~eti over and contirms unStotMo LuCep.call of Mortgagor's estate. riRht, title and intet+e~! in. to and under all that cerlein teal properly ~ituate in 1 County, Florida more perticularly de~cribed es toUovw: A ~~nu:,,~~;~i~n ra:.::~~ w~~riqzat€:d as Apsrtu~ :io. 20Z of In2et HoL~~ Cond~ninium Apaxtments, Building No. I, a Condominium according to the Declaration thereof, dated January 27, 1972 and recorded in Official Records Book 199, at paqes 623 thru 699, inclusive, of.the Public Records of St. Lucie County,~Florida, toqether with all the appurtenances thereto, all accordinq to said Delcaration of Condominiwn. ~ ~ . . ` : ~ a = IMos[wd • ..~D;,..`~ M~ ~K pf Ta~ ~ v ^ 3 t L-~ i._. ~r FLO R 1 L.~~. ~Uf On C1~{'~~ ~~fOfl~lP1~r, ~.7CJIi~rNiARY SjAMP Tl.~.~. J °c-=+ `V U~PT. OF REYENUE ~`,3~,'., - - ~ 'tlrWafit TO CFI~~? ~.'{t. AClt O~ »7~. ~ - ~ ~ no~R c~ '~'~n = J;lN-_ t ~ ~ • . oA r~o 3 0. ! q~ 1As. ~ ~ , , , ~ _ _ ~ c~e c~. s~. c~oN,, oo,, 1'O('ETHER WITH all impcovementa now or hereatter located on ssiid real property and all ti:tures, appliances, apparatua, equipment, heating and sir conditioning equipment, machinery and articles ot pereonal property and replacement thereof (othet than thase owned by leseees of aaid real property) now or hereatter atti:ed to, attached to. placed upon, or uaed in any way in connection wit6 the compiete and comfortable use, occupancy, or operation o( said real property, all licenres and permita used or required in rnnnection with the use oi said real pmperty, all leases of said real pwperty now or hereatter entered into and all right~ title and intereat ot Mortgagor thereunder, including without limitation, cash or securi- tiea depoaited thereunder pursuant to eaid leseea, and ail rents, isaues, proc~eeds. and pmfits uccruing trom said real property ~ and together with all proceeds ot the conversioa. voluntary or involuntary of any ot the toregoing into cash or liquidated claims~ including without limitation, proceeds of insurance and rnndemnation awards (the foregoing said real pmperty, tangible and intangible personal property hereinatter reterred to aa the Mortgaged Property)_ Mortgagor hereby grants to Mortgagee a security interest in the toregoing deacribed tangiWe aad intangible personal property. TO HAVE AND'1`O HOLD the Mortgaged Property, together with all and singular the tenements, hereditaments and appurtenancea thereunto belonging or in anywiee appertaining and the ce~~etaion and reversions thereof and all the est~te, right, title, interest, homeatead, dower and righl of dower, eeparate estate, poasesaion, elaim and demand whatsoever, as well in law aa in equity, ot Mortgagor and .unto the same, and evety part thereof, with the appurlenances of Mortgagor in and to the same, and every part and parcel thereot unto Mortgagee. r a~ e 'l~_ t__ ~L_ 1/~..~.........~ D~......~I.. ~ iviorigagur warranis iiu~i ii Oi~~ 31 i11~ ~UHIDCl3illlC l1L~C tu i~n ~~~t~CAatu~C ~cc COM~c c •~b~~p~u v~~.~~> subject to no lien. charge or encumbrance ezcept such as Mortgagee has agreec! to accept in writing and Mortgagor covenants ~ that this Mortgage is and will remain a valid and entorceable first mortgage on the Mortgaged Property subject only to the ' e:ceptiona herein provided_ Mortgagor has tull power and lawtui authority to mortgage the Mortgaged Property in the ! manner and (orm herein done, or intended hereafter to be done. Mortgagor will preaerve wch title and will forever warrant E and detend the.aame to Mortgagee and will fonwer warrnnt and detend the validity and priority of ihe lien hereef against ~ ~~«°.:'S"«~. 4f ~II ~n~ann~ .°..^.d norFisr urF~nm_v_~ays.F, . r~-- - Mortgagor will, at the coet of Morfgagor~ and without e:penee to Mortgagee, do, e:ecute, acknowledge and deliver all and every auch further acts. dceda, conveyancea. mortgages, asaignments, notices oi assignment, transtera and assurancea as Mortgagee ahall trom time to time require in order to preserve the priority o[ the lien o( thia Mottgage ~r to facilitate the pertormance of the terma hereof. . • _ PROVIDED, HOWEVER, that it Mortgagor qhall {wy to Morigagee the indeMedness in the principal sum ot . = 2n~ ~OA_ DA ~ evidenced by that ceriain pmmissory note (the Note), ot even date herewith, executed by Mortgagor and payable to order of Mortgagee, with interest and upon the terma as provided therein, and together vritl~ all i other suma advanced by Mortgagee to or on behalf of Mort~ago8rpursuant to the Note or thia Mortgage, the tnal maturily ' date of the Note and tbis Mortgage being Julv 1, 19 ~3 , and shall per(orm all other covenants and # conditiona ot the Note, all of the terma of which Note are incorporated herein by teterence aa though aet forth fully hete- ~ in, and o[ any renewal, extension or modification, thereot and of this Mortgage, then this Mortgage and the estate hereby - ' created ahall ceaee and terminate. Mortgagor turther convenanta and agrnes with Mortga6ee aa tollows: 1. To pay ail sums, including inteteat secured hereby wben due, a$ provided tor in the Note and any renewal, e:tension or moditication thereof and in this Mortgage, all such auma to be payable in lawtul money of the United States ot America ~ at Mortgagee's atoresaid ptincipal office, or at such other place aa Mortgagee may designate in writing- ~ - ~ 2. To pay when due, and withaut requiring any notice fmm Mortgagee, all ta:ea, aseeasmenta of any type or nature and other chargea levied or aaeeesed againat t6e Mortgaged Pmperty or this Mortgage and produce receipta therefor upon ~ demand. To immediately pay and discharge any claim, lien or encumbrance against the Mortgaged Property whic6 may be ~ or become saperior to thia Mortgage and to permit no deiauit or delinquency on any other lien, encumbrance or charge against the Mortgaged Property. - 3. 1[ required by Mortgagee, to also make monthly deposits with Mortgagee, in a non-intereat bearing account, to- gether with and in addition ta intereat and principal. of a sum equal to one-tweltth o[ the yeady ta:ee arsd aseeasments which j may be levied against t6e Mortgaged Property, and (it ao required) one•twelith ot the yeady premiums tor inaurance ~ lhereon.. The amount oI auch taYea, as~smenta and premiums, w6en unknown, shall be estimated by Mortgagee. Such deposita s6a11 be uaed by Mortqagee to pay such ta:ea, assesementa and premiums when due. Any insutticiency of such ~ i - ~ -t- 0 R ~ § ~ ao~x 2~3 P~ 4~ ; . - . - ~ _ ~ - - - _ - '~+~~`"~~~:.~r ~ ~ . . _ `z _