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Home My WebLink About0560 t / •~U9S41~ Ps-~7~~ j ~ 1 MORTGAGE DEED AND SECURITY AGREEMENT THIS MORTGAGF DI:ED (the Morigagel, datcYi :~a ot June 2 C, ~g 7 8 by und l~twr~~n MARIE ANITA BROCK Ihereinatler callcd Mortgugor) and SUN BANK OF ST. LUCIE COUNTY , h:~vinR :~n o((iceut 700 Virginia Ave. ~ Ft. Pieree , Hlorida (hen?n~~tter~•ulic~f Morlgugee): WITNES.SF.TH, thut in coneider•?tion of the premises nnd in order to sec-ure the ~x?yment of t?oth the principal ot, and interest and any other aums {~nyable on the note (ns heminn(ter detinedl or this Mortgage nnd the pcrtormance :~nd ob• sen•ance ot all of lhe provision~ hereof and ot said note, I1lortgagor hereby grnnts, sells, warranta, a?iierw, remiscs, relra~c~s, conveys, aasigns, tranatera, morigagea and aeta over and con(irme unto Mortgagee, Al) ot Mortgttgor'a estute, riRht, title und intereet in, to and under s~ll that cettr?in real pro~~erty aitunte in $,t T.~i,e ('ounty, Floridn more ~x~rticiiln~ly descritxd na foliows: ~ • Lot 7, Block 285, PORT ST. LUCIE SECTION ONE, according ~o~o w to the Plat thereof, as recorded in Plat Book 11, page 53, ~ of the Public Records of St. Lucie County, Florida. v ~ - ~ ~ . :1~ U N La~ ~ •.~1 ~ ~ a a T~` -i--y ~ , ; , i , ~ ~ i? : ~ ~ . - f~;~•'! r_' =':TI.r.Y, * . .~.5~__MF'_, ~ ' , Z ~ ~ tA G4 s , - ' :J h_ ~ . l: r L : t r,.i~ : - ~ Re~lwd • ~ ` 1~ Payment Of T+ucN ~ . . . ~ z ' •'~"1r _ ~ 8_ Q Q ~ O~ ~n CMM "C" Mbnpible PersoM! ProportY. ~ w o~ - a . ~ Anaum To GNp~t~~ 71, 134. Accs Ot 871. ~ . ---_____.y _ . ~ x x ROOER POI TRAS ~ c~u ~ Cle~t C1ecuN Court, St. Luc~e, Co., . a4 :r, • . 'IY)C:E1'HER WITH all impro~•ements now or hemaRer I~x•ated on s:+id m:il pm{~erty :~nd ali tixtures, applian~•~~~. U] WapE~arsitus, equipment, heating ~nd air conditioning equipment, machinery and articles o( personal pro{~erty and n:plucement ~ thereot (other than those owned by Iessees of snid real property) now or hematter atti:etl to, attached to, ~d~ced upon, or used in any way in connection with the complete and comforiable ~se, occu~x~ncy, or opemtion of said reul pro~~ertv, all licensea and permits used or required in connec•tion v~ith the use of said reut property, all leases of said real pro)x:rty now or here:dter entered into and all right, tide and interest ot !1lortRagor thereunder, including without limitntion, cash or u~~•uri tieK de~~msited thereunder pursuant to said leaeca, und .~ll renta, issues, procc~is. :and protits accruinR from said real pro~~erty and together with all pra•eeds of the conversiun, voluntary or in~•olunlary of any of the toreKoing into cash or liyuidatrcl claims, ineluding without limitation, ptoceeds of insurance ~nd condemnation awards (the (oreRuing s:iid nal proprrty, tangible and int~~nRible ~~ernonal property hereinn(ter referred to :is the 1ltortgaged Property). rfortRaRor hemby Kr.~nts to 1~lortgagee a securily interest in the (oregoinR de~•rilx~cl tanRible and intangible ~~ersona) property_ '1'n HAVE t?ND 'I'n HOI.D the MortgaRecl Pro~?eriy, t~~rther with :ill and singulnr the tenements, heredit:~ments :ind appurten~nces thereunto helonRinR or in nnywise ap~~ert:iininR and the reversion and reversions thereof and all th~ est:~tr. riRht, title, interest, homestead, dow•er and right of dower, se(kir.~te estate, posses.4ion, claim and demand wh:~tsoe~~er. a~ well in law as in equity, of 1~1ort~;:~Ror and unto the s:ime, and e~•ery ~k~rt thereof, wilh the :ippurtenances o( Atort~;aRor in and to the same, and e~•ery {H~rt and parcel thereof unto 111ortKaRee. ?~lortqagor w:~rr:ints that it has guocl and marketable title to an indc~(rasihle fet~ estate in fh~• ~fortRaKc~c1 Yro~?c~rty suhjE~e~t to no lien, charRe or en~•umbrnnce exce~~t such as 1ltortgagre has :~Rreed to :urept in writing and rlortKagor co~enaM+ that this Mortgage is and will remain a valid and en(or~•eable first mortRaQe on the Alortgaged Pro{~erty subje~•t onl_v to the ~ exceptions herein provided_ A1ortRagor has (ull ~~o~•er and lawful authority to mortg:~ge the :~lortgagecl Pro~x•rty in th~• m:inner and form herein done or intended hereafter to he donc. Mort~;aRor v?•ill presen•e such title and will (orever warrant and defend the same to MortRagee and will torever warrant and defend the ~:~lidity :~nd priority ot the lien hFrcv?f a~ainst ? the claims of all ~~ersons :~nd partiea ~-homs~e~~er. ~ Mortgagor will, at the cost of Mortg,~gor, and without expense to 1lfortR~+Ree, do, execvte, acknnwleclRe <~nd deliver aH y and e~•ery Quch further acts, deeds, conveyances, mortRaRes, as4iRnments, notic~s of asci~nment, transters and assurances :i~ ~ tilortQaRee shall fmm time to time r~quire in order to prc~en•e the priorily nf the lien nf this T1ortRaKe or io fa~ilifate th~• ~ ~~er(orm.~nce of the terms hereof. ~ YROVIDF.D HOWEVER, that if :~1ortKuKur shall pay to MortR.iR~~~ the indebteclness in the {~rincipal sum of E 12 ~ 0~~ . b0 ;~s evidenrrd hy that certain promissory note (the Note1, ot even date herewith, exerutccl ba• ~ ~1ortRagor and p:+yable to order of 1~tort~aRee, with interest and upon the terms as pmvided therein, and toQether with all ~ other sums .~dvanc•ed by MoriRsiRee to or on beh:~lf ot 1~tortQ:~Ror pursuant to the Note or this MortQ.iRe, the final maturity ~ date of the Note and this Mortgage being Ja'*~~p~-Z,Q Q~ , and sh~ll {~er(orm :~II other ~•o~•enants and ~ conditions of the Note, .ill of the tern~s of vvhii~h Note are incor{x?r:ited herein by reference as though set lorth fully here- ~ in, and of any rene~+•ul, extension or moclifi~:ition, ther~wt and of this 41~rtRaKe, then this :~ic~rtKaRe and thE• estat~ herehp ~ ~~mated ahall ~•ease and termin:~te. ~ M~rt~agor further convenants and agrees with Mort~.~Ree as tollows: ~ 1. To pay all sums, including interest sec•ured hereby when due, as provided for in the Note and any renewal, extension r'~ or modificntion thereot .ind in this I~1ortRaRe, nll such sums to F~e payable in law(ul money of the (~niteci St:des of Ameri~•:~ at 111or1RaRee's afnresaid pnn~•ipal office, or at cuch other plare as A1ortRaKer m:~y desiQnate in writinK. 2. To pay when due, and without requiring any notice (rom Alottgagec. Hlf t~xes, ~issessments ot any type or nature :~nd other charRes levied or as.gessed a~ainst the Mortgaged Pro~~erty or this ;~1ortR.~Re and pmduce receipts therefor u~x~n demand. To immediately pay and discharge any cl:~im, lien or encvmbrance ng.~inst the ~lortgaqed Pro~~erty which may tx~ or become su~~eriar to this 1~tortgaRe e?nd to ~~ermit nn def:~uk or delinquency on anc other lien, encumbran~~e or charR~• :~K:~in~t the MortRaqed Pro~~rty. - 3. If tequired by MortRaRec•, to also makP monthly deEwsita v~~ith AtortR:iRee, in a non-interest t~earinR account, to- 5 gether with and in addition to ~ntereat and princi~?al, o( a sum eyual to one-twelfth o( the yearly taxes and aiseagments which may be levied aKainst the Mortgaged Pmperty, and lit sn reyuircd) one-tweltth ot the yearly premiums for insur.ince• thereon. The amount o( such tazea, assessments and premiums, when unknov?~n, shall be estimated hy blortRaRee. Such ~ ~ de{~ita shall be used by hlortRaRee to pay 9UC~1 taxex, a~.~cwsments and prnmiums when due. Any insufiiciency of such x : ' : ~ - Yk.i KilGA ~~7V PAGE 5~O ~ . . . - . . . _ i~___ r-_ _ _..r~~`~~~ , ~ ~'aG+, tµ"i. ~v'yy rS ~v l.~~ - \ ~.w"JLr'T'"a. ~c~i -.~'aSSt " - . _~_~5E'.~i . . _ _ . .