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Home My WebLink About0678 i~' ~.~.~43~3 ~ MORTGAGE DEED AND SECURITY AGREEMENT THIS AlORTGAGE DE~D Ithe Aiortaage), dated us ot ~v. 15, ~ 19 ~a , by and l,etwrrn MARY L. FEE (hercinufter called Mortgagor) and SUN BANK OF ST. L(1CIB COUNT'Y , IuivinR an ottice nl 111 Orange Avenue, Fort Pierce , Floridn (heminufter culled MortR~Rc~1: WITNES3ETH. that i~ consideration o( the premisea and in orde~ to secure ihe pnyment ot twth the principal ot, and i~tereat and any other sums payable on tl~e note (as hereinatter detined) or this Morigage and the pertormance and ob- serva~ce of all of 1he provisioos hereot and ot aaid note, Mortaagor heceby arenta, selis, warrants, aliens, remises, reteases. rnnveys, atsigns, traos[ecs~ mortsages and seb over and cootinns unto Mortga6ee, all of Mortgagor a ealate, riRht, tiUe nnd • interest in. to and under all that ceHain real propeirty aitu~te in ~~.~o}e County, Flonda more particularly aescnoed as ioiiuws: - i Lots 1 and 2 offiIock 4 of PIN~~lOOD SUBDMSION as per plat thereof on file in Plat Book 5, paqe 24, of the Public Records of St. Lucie County, Florida. . ~rl ' ~ ` - Recerve~- - O/- . . . . ~ ! s ZT ~ ~ _ f - - ~ ` - - ~ ' ' ~ ; ? ~ , - ' . , ~ Due On C;ass "C intang~~i~: - • : at P~at~«ll. . , _ . _ . - ~ T - - - i ~ p~xwant To Chapter 71, 134. ;1cts Ot 1 71. ; - ~ ~j. i ~ ; ROGER PORFiA~S ~w/ ~ ~ - , - - - - _ . i QM~I ~CU~! CO~Irt. S1. LYCM. CO.. ~ r 7'(~ETN~R WITH all improvements now• or hereafter located on s:~id real pro{~erty aod al) (iYtures, :~pplian.-c~+. ~ apparatus, equipment, heating and air conditioning equipment, machinery and articles of personal property :~nd re~~l:~crment the[eof (other than thoae ow•ned by lessees of said real property) now or heteaCter attixed to,-attached to, placed upon, or used in any way in connection w~ith ihe complete and comfortable use, accupancy, or operation o( said real property, :dl 1 ~ lii•enses and permits usecl or required in connection v?ith the use ot siid real proper3y, ail teases of said real propeHy now~ or ~ herea(ter entered into and all right, title and intemst of 141orip,agor thereunder, im•tuding without limitation, cash or securi- ~ ties deposited thereunder pursu:int to said leases, and all rents, issues, proceeda, and protits accruing trom s:iid m.+l proprrty and together with all prareds ot the com•ersion, ~•oluntary or incolunl:~ry ot any o( the (oregoing into cash or liquidated claims, including without limitation, pra~eeds of in,-urance and condemnation awards (the foregoing s~id real property. tanRil?le and inlan~ible personai pro~~erty hereirwfter ~eferred to as the 111ortgagrd Ptoperiy). I~lortgagor hereby grant, to 11~ortgagee a security interest in the foregoi~R descrihed t:?nRible and intangiblc ~~ersonal property. 'I'n HAVE AND TO HOLD the 1lfortgagetl Yro{~erl~•. t~~ether w~th all and s~nRular the tenements, nenYiitanu•nis :~n~i - :~ppurtenam-es thereunto belonRinK or in anywise ap~~ertaininR and the re~•ersion and re~~ersions theteof and all the estate. riKht, titte, interest, homestead, dowpr ~nd right ot dower. scp.-irnte estate, pos.geasion, claim and demand whafsoe~er. as w•ei! in law as in equity, ot !~lortR:~gor i~nd unto ihe same. and everp ~k~rt theteof, wifh the a~~~~urtenan~es ol 1ltortKa~or in :~nd to the same, and e~•ery parf a~d 1Htrce1 thereof unto T1ortRaRee. ; t 111ortgagor warrants that it has a Kood and rt?:+rket.ihie title to :~n indefeasihle fer estatt~ in the ~turtK:~K~'~ ~'n~iH'~~~~ ` Rubject to no lien, charge or encumUrance except surh as :liortgagee h:~s agreeci to acrept in writing :~nd T1ortR.~~or i•ocenanis j that this MortRage is and vrill rem:~in a~•alid and enforreablr tirst mortK:~Re on the 111ortgaged Pro~?ert~~ suhjec•t onl~ to the ~ exception.a herein provided. Alortgagor has tull power and law(ul authority to morlgage the Mortgaged Pro~?erty in the j manner and (orm herein done or intended hereafter to he done. MortRaRor will presen~e such title and will tom~~er warrant - ~ and de(end the same to MortRagee and will fore~~er warnnt :snd detend thc~ validity :md priority o( the lien hemof aRainst ~ the claims of all {~ersons and parties whomsoe~•er_ ~ Atortgagor will, at the cost ot I1lortgagor, and wilhout expense to Mortgagee, do, execute, a~•knowledRe and deliver ~II :~nd every such turther acts, deeds, con~-eyances, mortRaRes, assig~ments, notices of assiRnment, transfers and ~ssur.~ncrs as ~ htortgaRee shall irom time to time require in order to presen-e the priority ot !he lien of this 1liort~aKe or to tacilitate the ~x•rformance ot the terms hereot. PROVIDED, HO~'VF.VER, that i( :~tortRagor sh:~ll ~xiy to 11ort~a~ee the indebtedne:s in the principal sum of ~ 20.500_UO as e~~denced 1ry that cert~in promissory note Ithe Note), of e~•en d.ite herewith, exec•uted by ' blortgaqor and payable to order ot Mortga~ee, with interest and u{wn the terms as pro~•ided therein, and together with all ~ other sums ad~'anced by Mortgagee to or on behalf of MortRaRor pursu:~nt !o the Note or this Mort~age, the final maturit~ 6 d:~te of the Note and this ~lortg~ge t?eing ~ , and shall perform all other co~•enants .ind ~ conditioas of the Note, al) ot the terms of which Note are incorEwrated herein by retemnce as thouRh set torih tully here- in, and of any renevval, extension or modifi~ation, thereof :~nd of this 1~1ortQaRe, then this rtortgage and the cstate hemhy ~ ~•reated shall cease and terminate. ~ D1ortRagor further convenants and aRrees with A1ortRaRee as tollovvg- ~ ~ i. To F~,y aU sums, includin~ interest securrd 6ereby w~hen due, :is pwcided tor in the Note and am renewal, extension or modi(ication thereo( and in this :~tortgage; all such sums to be Ek~yable in lavetul money of the Unitc~i Statc~ ot America ~ at 1ltortRaRee s afores:~id principal oifire. or at rcu~h other place as 1llortQaRee m:~~~ desiRnate in writing. ~ 2. To ~ay when due, and w•ithoul requiring any noticp irom Aiortgagee, all taxes, assecsments ot any tppe or n:iture ~ and other charges le~~ied or assessed against the A~ortgaged Property or this Aiortgage and produce receipts theretor upon > ~ demand_ To immediately {?ay and discharge any claim, lien or encumbrance against t6e Mortgaged Pro{?erty which may be f ~ or be<•ome superior to this blortgage and to permit no de[ault or delinquency on any other lien, encumbr~nce or char(te ~ ~ :~Kainst the ~lortq~~ged Pro~ercy. _ ~ 3. If required by AtortgaRee, to also make munthly dY{x?sits w~ith ;~iortgagee, in a non-interest 1?eari~g account, to- ~ Rether with and in addition to ~nterest and principal, ot a sum equal to one-twelfth of the yearly l:szea and assessments which m.iy be le~~ied againsl the I1loctgaged Property, and 1 i( so required) one-tweltth ot the yearly premiums (or insurance ; ~ thereon. The amount of such taxes, :~seessinents and premiums, when unknow•n, shaU he estimated by MortRagee. Such ~ de~x?sits shall I~e usecl by ~forlRaRee to pay sueh tazes. assessments and premiunis when due. Any insu(ticiencv of such ~ ~ ~ ~ ; ~ BQC~~c ~ ~ V ~i~ ~ ~ : - - - _ - . . - r..~ ~ , ~z ~ ~~h : ~ . : ~ ~ ~ . ~ _ _ -