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Home My WebLink About0623 e;~~551 ~ / , ~ MORTGAGE DEED AN~ SECURITY AGREEMENT TNIti 11!()RTGAGE D~I:U Ithe Morigagr), Jat~~l ,ia u( November 1 1878, by :~nd IK•tw~~cn ARNE HEDAL and ANNALESE HEDAL, a/k/a ANNALISE HEDAL . Ihereina~(ter ralled MortgaRurl and SUN BANK OF ST. LUCIE COUNTY , hu~~inK :~n o(ficrat 111 Orange Avenue, Fort Pieree, Florida ,}i~~;~i„ Iherein:~fter~•a~ll.~cl A1ortRagrr~: W1TNF.SS~ 1'H, thut in conyider.~tion o( lhe prrmisea und in order to se.•ure the ~xiymenl ot both the princi{h~l of, and interest and any othe~ auma ~xiyAble on the note Ins hereinafter defined) or thi~ MoriRage and the pe~(ormxnce i~nd oh- sen~nm~e ot all ot the pro~•ision,g hercwf and ot s:ud note, Mortg:~gor hereby grnnta, s~lla, v~<urunta, f~liena, rnmisea, releases, com•eya, asaigna, trnnafers, mortgagea i~nd seta o~~er nnd con(irma unt Mor a ee ~ill of Mo~tRuRor'a eatute, riRht, title and ~nterest in, to and under nll th.~t certain real pn?~x~riy situute in ~t .~~`eie ~~ounty, Florida more ~u~rtii•ul.~rly described us tollowa: Begin at a point where the East line of the NW~ of Section 17, Township 34 South, Range 40 East intersects with the West right--of-way line of Dixie Hiqhway, also known as Highway No. 1, as it existed on the 15th day of November, 1950; thence run West at right angles to the said Highway to the mean low water line of the Savannah for a point of beginning; thence run Easterly along said line to the point where the East line of the NW~ of Section 17, Township 34 South, Ranqe 40 East intersects with the West right- of-way line of the Dixie Highway, also known as Highway No. 1, as it existed on the 15th day of November, 1950; thence run Northerly along said right-of- way line a distance of 111 feet; thence run Westerly parallel to the quarter section line of the NW~ of Section 17, Township 34 South, Range 40 East to the mean low water line of the Savannah; thence meander said Savannah in a Southerly direction to the point of beginning. , , 'I'OGh:THH:R \VITH al) ~mprovi•mi•nts nuw or h~~re:~tter IrK•ated un ~:~id real ~iro~x~rt~• and :ill (iztur~. ap~iGanir., apparatus, eyuipment. heatinR and air c•onditioninR equipment, m:~chinery .~nd arti~•Ic~ ~x•rsonal pro~?rrty :~nd re~~la~•emenl therc~f iother th:~n those ow•ncYi b~ le.cvees of said real proE~erty) now or hPma(ter :~(fix~l to, attai•hed to, pla~•~d u~x~n, or usrd in any way in c•onnc~•tio~ with thN ~•omplefe and comfortable use, ~x-cupaniw, or o~?eratio~ o( snid real pro~?ertv, all li~•enses and ~>ermits used or requirecl in connection with the use o( said m:il property, all~ leases of said real property no..• or hrrec~(ter entered into and all right, tiUe and interest of \to~tRaRor themunder, in~~ludinR w•ithoul limit~tion, c:~~h or s~•~•un- tiEw de~wsited thereunder pursuant to s:ud le:+ces, and al) rents, is~ues, pnx•c~Yls.:~nd profils accruing tn~m s:~id real pr~,~x•rty and together w•ith all pr«~c~eds of the ~•umersiun, ~oluntary or involuntary of .~nyo uf the foregoinR into cash or liyuidatt~cf claims, including w•ithout limitatiun, pr~x•eeJs u( insuran~•e and condrmnati~,n uwards (the fornRoinR s:iid ma) pm{xrty. tunR~ble and intanRihle personal ~~ro~?erty hereinafter referrcd b as the ~lortgaged Pm~,erty). 1lfortRagor hemhy Kr.~n~. to ~lortRagee a~ec•urity interest in the foregoinR descrit?c~1 tanRible and int:~nRible ~xrs~~n:il pro~~tty. TO HAVE AND 7'O HOI.D the htortAaRec1 Yro~~erty. t~~ether w•ith all and sinRul~r the tenements, hen~litaments :~nd appurten~n~-es themunto helonRinR or in anywise ap~~ertaininR and the re~•ersion and re~•ersions thereof :ind all the estate, riRht, title, interest, homestead, dow•er and riRht OI (ION'Pi, SP~~nte estate, ~?osseasion, claim and dem:ind whatsuecer, a~ f well ~n law ,~s in equity, of blortRaQor and unto the s:~me, and every part thercrof, w•ith the appurten:~nces 11'1ort~aQor in :~nd to the c:~me, :~nd e~•~~ry part ~nd p:~ri~rl thereof unto ',11ort~;:~Qe~. ~ i ~ :11ortKaRor w:irr.~nts that it h:is a Ku~K1 :ind marketable title tu :~n inde(~•asihle (~w• estate• in the ~1~~rtK:~RiK1 Yr~qx•rt~• ~ cubjei•t to no lien, i•harKe or encumbr.~n~-e except sui•h as 11ort~;;i~e~~ has aKre~-d to a~•~•ept in writinR and MortKage~r i•o•:en:~nt, ~ that this 111ort~aKe is an~ wi(1 mnu~in a~:ilid and enfon•eat~le first mort~aRF an the :~1~,riRaRed Pro{~erfy subje~•t only to the ; rxceptiuns herein provided. J~tortRaRor h:?s (ull ~wrver and lav?•(ul authority to mortRaRe the Mortgaged Yro~~erty in th~~ ! manner and torm here~n d~~ne or intendcKf herrafter to i~e donc. MortRaRor w~11 preserve such t~tle and wiU (ore~•er warrant ~ and de(end the s:ime to Mort~aRee and will fore~Pr warr.~nt and deft•nd the ~:~iidity und priority of the lien hPr~~( aK:unst ~ thr ~•laims n( aU {?er.wna and ~k~rties whomu?e~•er. ~ MortKaRor wi11, at the co4! of T1ortRagor, :~nd without exE~en~r to \1ortRaRee, do, execute, :~e•know~letlRe and deli~~er all ~ :ind e~ery surh (urther acts, deeds. com•eY~nces, mortR:fRes, us4iRnments, notices o( assiRnment, hans(ers :iod a~.suram•es s ~1ortRa~ee shall from time to lime require in nrder to prE~n•e the priority of the lien of this ~'IortR:~Re or to (ac•ilitaie th~• ~ ~x-rforman~ e o( the terms herec~L ~ PROVIDED, HOV14'EVEN, that if ~tortKa~or shall pay tu 11urt~:~~;~N• thi• indi~ht~Ylne~s in the prin~•ipal sum ut ; $ 80• 000• ~0 as e~•iden~•ec1 by that ~•ertain promi~,s~rry note Ith~ Nofe), of even d:~te~ here~+•ith, exe~•utc~d hy ~ ~1ort~aRor and p:~yable to ord~r of MortRaRee, with interest and u{x?n the tPrms as pm~•ided therein, and toRelher w•ith all ~ nther suma ad~:incerl by MorlgaReP to or on~ al( t M r punu:~nt to the Note or this MortRaKe. the tinal maturity~ a d:~fe of the Note and thi4 1~lortgaRe hein~Pr" , and shall ~~er(orm all other ~•o~'enants :~nd ~ cond~tions o( the Note, aU o( the te~rms of whi~-h i~Iute :~rr in~•or~wr.~ted herein by reference as thou~h set forth (ully hem- in, and of any renew•al, extensiun nr m~xlifirati~n, thrrt~nt and of this htortKa~e, thPn this liortRage and the estate hereby- ~ ~•matt•d sh:~ll cease~ :~nd terminate. ~ - ~ - ~tortgaRor (urther ~•~?m•enants and :~Kre~ with AtortR:~Ree ati (ollow~c: ~ 1. To pat• :ill sums, ini•ludin~ interest srcured hrreby when due, as ~~ru~~dNd tor in the `ute and any renew~al, extension ~ ur m~xliiication thereof and in this !~1ortKaRe, all sa~•h sums t~~ I~e payahlc• in lawful monc•y of the L'nitc~i States o( Amerir.i 4 ~ :d :~1r~rtRaKee's a(ores;~id principal otfii•e, or at sui•h other place as T1~~rtK:~Kc~~ m:~y des~~n:ite in w•ritinR. 2. To pay K•hen due, and ~w•ithout myuirinR any not~ce tmm U~irtgagce, :~U t:~xes, asyessments o( any ty~re or n:~tur~• :uid other ch:irRes le~ied or assessed :~Kainst the l4fortgaRed Pro{~erty or this :~1ortR~Re and produce receipts there(or u~K~n dt•mand. To immediately pay :~nd discharge any claim, lien or rncumbranre against the ~tortgaged Property w•hich may 1?c~ ~ nr he~-ome superior to this 1~1ortR:iRe :ind to ~rermit no default or delinquency on any other lien, encumbran~~e or charRe :ik:iinst thc~ MortRaRc•d Proi~ertV. 3. If reyuired hy ;11ortQnKc-~~, to :~lu~ makt~ monthly dt•{?osits with ~1ortR:iKee, in a non-interest t~:?rinR :~c•count, t~i- Kether K~th and in additiun to intt•rest and princip.~l, o( a sum c~ual to one-twelfth of the yearly taYts and assessments whirh m:~y tK• Ie~ied aRainst the Atortgaged Yroperty, ancl tit so reyuiredl one-twelfth o( the yearly premiums (or insurance /therron. The amo~ni of su~•h taxrx, a~estiments and premiums, when unknown, shall be estimated by Atortqagee. Such :~y _ de~wsits sh.~ll he usc~cf by ~1ortRaRer to pay su~•h taxes. :~sk~mrnts and premiums when due. Any insuf(iciency of sui-h ~ ~ r~r~a • l~o. ~-.,v ~a a T.~.. P • ~ ~ ~ Dw On Class "C' Imsnp~Pbna~IPr~oosrh. ~ BO~k ~~~0 Pursuant To Chapte? T1. 134. Acts Of 1571. ROGER POtTRAB ~j ~ - ~ Cl~rtc Ci~a+it Coutt, Sf. t+rd~l. Co.. FI~. ~ ~ - - i - _ _ .