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Home My WebLink About0300 ~ x ~ . r , ~ ~ - ~ 1~.,~ r , . S. I r t- 407~~`~ ~ MORTGAGE DEED AND SECURITY AGREEMENT ~~X ~ TtiIS MORTGAGB DEEQ (the Mort~ase). daced as ot June 16 ~ Ie 78 , by und betweeo Ratie Bailey a/k/a Katie C. Beard • ; (6erei~a[ter_ called Mortgx~or) and , having an ~ 311t1 BBAk Og St. LuCi6 COttAty , F~orida (hereinafter called Mortgugee): range ve. . WITNE93E'1'H, tl~at in rnnsideration ot• the premise~ and in order to secure ths payment ot both the principnl of, and intarest and any other sums paysble on the note (ae hereinattes deGaed) ar tl~u Mortsa6e and the pedorn~ance and ob- ~ervance ot all of the provisions hereot and of said note~ Mort~agor hereby arants, sells. warrants, alieea. remises, releases. ' conveys. aarigns. transfers` raortgases and sets over and contirnu unto Mortgasee. all ot Mortgaaor s estste. riRht, title and, ` intetest in, to and under all that ce~tain real ptoperty aituate in ~t . Lucie County. Florida more particularly deacribed as follows: - f Lot 14, Block 1, flELEN HATgIOND SUBDIVISION, according to the plat thereof, as recorded in Plat Book 7, Page 23, of the Public Records of St. Lucie Couaty, Florida. ~ ~~9 ~T~,7~f`-~: ~`~._L~F?IJ~ ~ . , oacU?.lt~.r:~h~•:- ~sraMQ ?nx • DEF•i. Of kE.VEhut. fi ~ R~oMwd • • ~n P~rn+~+t Of Tiio~ ~ J ~~t'k ~;"b ~ a. 0 0.' ~IN 011 CIaSR ~C~' Intangjbl0 PihOfIN ~s ^ • ~y~ ~ ~l"ATE GF F l-~-1 r~ ~ ~ ' ~w~ To Chapter y1.134. /1~s ~ DC~CUh1Et~TARY~ . S?I•. MP ~ A). ~ AOGER POITRAg o~ 2 i':. uF HEYEt1!?E~i~~`~>'.'~ _ r CMw C~tCUrf riOtNt, St. Ll10My ~ =_.~~~,:o•~a ~ 0 9. 6 0 t _ PP. . ~ ` ~ i i ....r....~..,~...e ~w.. ur hereafter located on s~id real property and all tixtutes, appliainces, ~ apparatus. eqaipment, heating and air conditioning equip~nent, mechinery and articlea ot personal property and replacement thereof (other t6an thaee owned by leasees of eaid real pmperty) now or hereatter affi:ed to, attached to~ piaced upon. or ~ used in any way in connection with the complete and comtortable use, occupancy, or operation of said real property, ali ~ liceneee and permita used or required in connection with the use o[ said real property, all iesses of said real property now or - hereatter entered into and all right, titie and interest ot Mortgagor thereunde~, including without limitation, cash or securi- ~ ties deposited thereunder pursuan! to said leaaes, and all renta, isaues. proceeds, and proCta accruing (rom said real property ; and together with all proceecls of the conversion, voluntary or involuntary of any of the toregoing into cash. oi liquidated clairos. including without limitation, .proceeda of insurance and condemnation awards (the foregoing said reat property, } tangible and inlangible personal pmpecty hereinatter re[er~+ed to as the Mortgaged Property). Mortgagor heieby grants to Mortgagee a security intereat in tbe toregoir?g described tangible and intangible personal property. 'PO HAYE AND TO HOLD the Mortguged Prvperiy, together with a11 and singular the tenements, hereditnmenla and ~ appurtenancea thereunto belonqing or- in anywiae appertaining and t6e revetsion and reversiona thereof and aU the estate, right, ritle; intereat, homestead, dower and right of dower, separs~te estate, passesaion, claim and demand whatsoever, aQ well in law aa.in equity, ot Mortgagor and unto the same, and every part thereof, with the ap~~urtenaacea of Mortgagor in nnd to the same, and every part and patret thereof unto Mortgagee. ' ~ Mortgagor warranta that it has a good and marketable title to an indeteasible fee estate in the MortqaRed Pro~?erty s Rubjec! to no lien, charge or encumbrance ezcept such aa Mortgagee has agreed to accept in writing and Mortgagor covenants ; that thia Mortgage ia and will remain a valid and enforceable first mortgage on the Mortgaged Property subject only to the eireptiona herein provided. Mortgagor has (ull power and tawful authority to mortgage the Mortgaged Pro~~erty in the manner and lorm herein done or intended herealter to be done. Mortgagor will preserve such title and wip fotever warrant and detend tbe same to Mort~agee and will farever warrAnt and detend the validity and priorily ot the lien hereot against the claima ot all pereona and partiea whomsoever. ; ~ Mortgagor will, at the coat of Mori a or, and without e: t g g pense to Mortgugee, do, e:ecute, acknowledge and deliver all ~ and every auch turther acts, deeds, conveyAncea, mortgages, aeeignmenta, notices of aasignment, tranafera and aas;trances as ~ Mortgagee sfiall irom time to time require in order to preaetve the priority o( the leen of thia Mortgage or to tacilitate the per(ormanc~ o! the terms.heseof. _ - ~ PROVIDED, HOWEVER, that if Mortgagor shall pay to Mortgagee the indebtedness in the principal sum of • ~ a 12,339.60 ~ evidenced by that cerlain promjssory note (the Note). ot even date 6erewith, ezecuted by f Mortgagor and payable to order of Mortgagee~ with interest and upon the temns as provided therein, and together ~vith all other aums advanced by Mortgagee to or o~: behalt of Mortgagor pursuant to the Note or t6is I?lurtgage, the (inal maturit~ ~ ds~te o[ the Note and t6is Mortgage t?eing -T~~~' 16 ~ 1988 , and aha1) perform all other covenants and ~ conditiona o[ t6e Note, all of the tetma ot which Note are incor~wrated herein by reterence as though set torth tu11y here- ~ ` in, and ot any renewal, extension~ or modification, thereot and of this Mortgage, then this Mortgage and the estate hereby r c•reated shall ceaae and terminate. ~ Mortgagor further convenanta and agreea with Mortgagee as tollows: ~ 1. Ta pay all swns, including intetest aecured hereby when due, as provided (or in the Note and any renewal, extension ' ~ € or moditication thereof and in t6ie Mortgage, all such auma to be payable in lawtul money of the United Statea oi America ; af Mortgagee a atoreaaid principal office, or at such other place as Mortgagee nwy desiqnate in writing. a ' 2. To pay when due, and without requiring any notice from Mortgagee, all ta:ea, asseaamenta pf any type or nature ~ and other chargea levied or assessed against t6e Mortgaged Property or this Mortgage and produce receipts therefor upon demand. To immediately pay and discharge any claitn, lien or encumbrance against the Mortgaged Pmperty which may be or become auperior to thia Mortgage and to peraait no default or delinquency on any other lien, encumbrance or chaige against the Mortgaged Property. . { ~ 3. If required by Mortgagee, to alao make monthly deposita with biortgagee, in a non-intereat bearing account, to- ? ; gether with and in addition to interest and principal, ot a sum equal to one-twelfth of the yeady t~ee and aaaeaementa which = ~ may be levied against the Mortgaged Property, and (it so required) one-tweltth of the y~r~y pcemiums for insurance * thereon The amount of such taaea, a8eessmenta and premiums, w6en unknown~ shall be estimated by Mortgagee. Such ~ ; deposita ahaU be i~ed by Mortgagee W pay auch ta:ea, aseesamenta and premiuins when due. Any inautficiency of such ~ . .,.r r ~ ~ . ~ ^ ~ , , ~ r., 7 t ~ ~ : < ~ - ~ ` 4 . a - L=~- , 6~~~2&9 ~ 300 , - F ; ~ I _ • ' _ . ' v+~»~ ~'~~rS ~S~'f`t ^4»'n"~~ 'h ;~'S1 a cs! : ~ r..~~~i` x ~"'~'y-^i;"° ~'q sM'^~t~RS~"'Si~y"T' .'i ' _ . - . ~.4 ~ ~~i a