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Home My WebLink About0304 4o~~4s ~ . 13 " . l~ ~ ; ~ r MORTGAGE DEED AND SECURITY AGREEMENT ~ I l~ y 1. 1' . THI3 MOR'lY3A(iB DTTD (tbe Mortsuge), dated as ot `7~'ie 16~ , 1~8 ,.by nnd between Grady Tomlin, joined by Barbara P. Tomlia, his wife ~ (hereina(ter called Mortgagor) aod S~ gg~ Of St. LuCi6 CODUty "D ottice at 111 OYSIIgs AVe Ft. PietCe. Florida (hereinatter called Mortgagee): WITN~SSE'TH~ that in ooi?aideration ot the promise~ and in order to secure tha payment ot bath the princip~l of, and interest end any ot6er sums {myable.on the note (as hereinatter detined) or Wis Mort6age and the periormance and ob- . servance ot alt ot tbe provisions hereoi and ot said note, Mottsaaor hereby sranta, seUs, war~nb, aiiens, remises, releases, convey~, assigns, transten, mortgages and ~eb over and contitms unto Mortgagee. all ot Mortgagor's eatete, rycht, title and iaterest in. to and under all that cectain real property situate in St _ a~~~ e County, Florida more particuluriy described as tollows:. Lot ~2, Block 12, Silver Lake Park Additfon, according to the Plat thereof ae recorded in Plat Book 10, Page 8, of the Public Records of St. Lucie County. Florida. - i ~ ,~'J ` s.1 T' i ~ F~ F L CJ f-? ; D~~ R.o.wee . •.7 ~ k+ Pa~n«~t ot T~as ~ u~ uUi.UM.EPlTARY--~ . STAMf T 1~. ~ ~ On C~sss ..r.. InUnpibNl~lff011Nhopsrb. ° DEPT. Ui REV[AUL j, f~;:•. PWSUent To Chaptst 71, t94„ A~ Of 1. ~ v~. - ~~h:~, ~b i- f~ - ~ 5. T O ~ _ ROGER P011l1AA rr~ - : ~ : t " ' _ ~ Cte?k CtrCUit COUrt. $L {.1A~ ~ - _ _ _ . 'I'OCE'THER WITH all improvements now or hereafter locate.: on said repl property and aU (i:tures, appliances, apparatw, equipment. heating and air conditioning equipment, machine~y and articles ot }~eraonal property and replacement thereof (other than Woae owned by leaeees o( said real property) now or hereatter a(ti:ed to, attached to. placed upon. or uaed in any way in connection with the complete und comtortable use, occupancy, or operation of said real property, alt ~liceases and permita used or required in-connection with the use ot said real property, all leasea of said real property now or hereatter entered into and all right, title and interest oi Mortgagor thereunder, including without limitation, cash or securi- ties deposited thereunder pursuant to eaid leseea, and all re~ts. iasuea, proceeds, and profits accruing irom said real •property and together wit6 all proceeds of ihe converaion~ voluntary or involuntary of any of the (oregoing into cash or liquidated claima, including without, limitation, procY~eds ot insuranoe and condemnation awards (the foregoing said ceal property, tangible and intangible personal property 6eteinafter reterred to as the Mortgaged Pmperty). Mortgagor hereby gr~nta to Mortgagee a sei.~urity interest in t6e [oregoing described tangible and intangible personal property. TO HAVE AND TO HOLD the Mortgaged PropeKy, together with all apd singular the tenemenla, hereditamenta and - appurtenances thereunto belonging or in anywise appertaining and the reversion and reversions thereof and all lhe est~te, right, title, interest, homeatead; dower and right ot dower, eeparute estate, poeses+ion, claim and demand whatsoever, as . well in law aa in equity, of Mortgagor and unto the same, vnd every part thereof, with the appurtenances ot Mortgagor in and to the same, and every nart and parcel thereof nnto MortRngee. Mortgagor warranta that it has a good and marketable title to an indefeasible tee estate in the Mortgaged Property subject to no lien, charge or encumbrance except such as Ildorlgagee has agreed to accept in writing and Mortgagor covenants ~ that this Mortgs~ge is and will remain a valid and entorceable first mortgage on the Mortgaged Property subject only to the ~ ezceptio~ herein provided. Mortgagor has full power and lawful authority to mortgage the Mortqaged Property in the E manner an~d form herein done or intended hereatter to be done. Mortgagor will preeerve such title and will ~torever warrant ~ and defend the same to Mortgagee and will torever warrant and detend the validity and priority of the lien hereof ~gainst f the claima of ail persona and partiea whomeoever. ~ Mortgagor will, at the cost ot Mortgagot, and without e:pense to Mortgagee, do, execute, acknowledge and deliver ali and every suc6 (urther acts, deeda, rnnveyancea, mortgages, assignmenta, notices ot assignment, tranafers vnd assurances as Mortgagee ahail (rqm time to time require in order to preaerve the priority ot the lien of thie Mortgage or to facilitate the pertormance of the terms hereof_ • ~ PROVIDED, HOWEVER, that if Mortgagor shall pay Eo Mortgagee the indehtedness in the principal sum ot = 3776. ~ ae evidenced by that certain promiesury note (the Note), ot even date herewitb, e:ecuted by Mortgagor and payable to order of Mortgagee, with interest and upon the terma as provided therein, and together with all other xuma advanced by Mortgagee to or on behalf ot Mortgagor pursuant to fhe.Note or thia Mortgage, the tinal maturity date of the Note and this Modgage being J~e 26. 81 , and shall pertorm all other covenants and conditions of the Note, all uf the terms of which Note are in~rorporated herein by reterence as lhough set forth fully here- in, and ot any renewal, extension or moditics~tion, thereot ~nd of this Mortgage, then thia Mortgage and the estate hernhy crented shall cesee and terminate. Mortgagor (urther convenanfs and agreea with Mortgagee aa toliows: ~ • 1. To pay atl sums, including interest secured hereby when due, aa provided tor in the Note and any renewal, e:tenaion or moditication thereof and in thia Mortgage, all such aums to be payable in lawtul money of the United States of America ~ at Mortgagee's aforeaeid principal o((ice, or at anch other place ae Moitgagee muy designate in writing. ~ 2. To pay when due, and without requiring any notice trom Mortgagee, all ta:es, aseesarnents oi any type or nature ~ ~ and other charges levied or as~essed against the Mortgaged Pmperty or thia Mortgage and produce receipts theretor upon ~ demand. To immediately pay and discharg~ any claim, lien or encumbrance against the Mortgaged Property which may be : or become superior to thia Mortgage and to permit no detault or delinquency on any other lien, encvmbrnnce or charge against the Mortgaged Property. ' ~ 3_ If required by Mortgagee, to also make monthly deposits with Mortgagee, in a non-interest I,earing account; to- gether with and in addition to interest and principal, o( a aum equal to one-twelfth of the yearly t~es and aseesaroenta which ~ may be levied against the Mortgaged Pmperty, and (if eo required) one-twel(th of the yearly premiums for ineurance ~ thereon The amoant o[ auch ta~cea, assessments and premiuros. when unknown, shall be estimated by Mortgagee. Such deposita shall be used by M tfgagee to pay such taxea, aseessments and premiums when due. Any insut(iciency of such THIS INSTRUMENT PREPAREO ~ • - Sun Bar~ of St. lucie County . ~f sy . . .u~al.~ b`~ts~ F T PIERCE. r;ux:: 6VUK~y P~L t~o~ 112 SOUTH SECOND STREET . ~ - ~~s_,; ~v., _ - - _ - ~ ~ ~~'"~~~`~r~~~ ~m- : - u ' ~X ~t ~ ~~3~~zs.,,Y $ - . . ~ ~~r:: . .