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Home My WebLink About0130 4;Z6014 ~ ~ ~ ~ z ~ ~ ~ , ; s<.~ ~ MORTGAGE DEED AND SECURITY AGREEMENT ~.tf' ~a~C ~ S2 THlB MOR'!'GACiB DBBD (t6e Morc~aae), dated a. ot Dec~mber 1 , is 78 ~ by und .betwoen Donald J. Coble and Debbis Coble, his vife (l~reinafter called Mortgagor) and SuA 88I1k Of St. LuCie COlttlty , , having an ottice at Ft. Pierce, FL 33450 , , Florida (hereinafter called Mortga6ee): WITNE89ETH. t6at in coruideration ot tbe premises aad in order to ~ecure tl~s payment ot both the principal ot, and 1 intered and any othes sunu peyable on tl~e note (a~ bareinatter deGned) or Wia Mott6age aud the pertormance end ob- ! servance ot all ot tbe provi~ions hereot and ot taid note. Mortsagor heceby sranb. nells. wananti. aliens. nmises. releases. conveys. aa~isns, transfe~s, mort~e~ aad ~eta over and confirnL unto Mort~asee. all of Mortsasor's estate. riRht, title and interest in~ to and under ap that certain real pmperty situatein St. Lucie ~unty, Florida more particulady described as foUow~: • ~ Lot 36, Block 83, INDIAN RIVBR ESTATES UI~IIT 9, according to the Plat thereof as recorded ia Plat Book10, Page 74 of the + Public Records.of St. Lucie County, Florida . . ' ~ / ~ ` 3 y ~ ..s ~,.,~,r,.~ a T«.. STA'i' ~F FL.O F? I D A ow on aw »cM ~,p~.~,,~,,,,~,rP,~,ti. o°T.oF ~~y~uRr, . ~~3..sTA~ MP TAk i . ~tfot~+~r71. ti~i~.Aol~ats7t. ~ ~ ~ ' 0 4 5 ~ ~r ~anu~s ~ Q, _ ~ sEC= • - p~,k pno~1~ ~t ~f. t~wl~ - r~. -j' ' ~ t~a„ p~,, - ~ . e = 11102 ' . ~ F 1'~O('ETHER WITH all improvementa now or hereattei IocaEed on said r~l property and all tixtu~es, appliancea, apparatua. equipment, heating and air conditioning equipment. mac6inery and articiea ot personal properiy and replaceraent thereot (other than those owned by leasees ot said real properiy) now or hereatter affiYed to, attached to, placed upon. or ueed in any way in rnnnection with the complete and com(ortable use. occupancy~ os opecation of aaid real property, all lice~see and permits used or required in connection with the uae of said real property. all leasea o[ aaid real property now or I~ereatter eatered into and all ri~6t, tiUe and interest o( Mortgagor thereunder, inclu~inl~ witlKwt limitetit~n, ceah or a~uri- ~ ties depoaited thereunder purauant to said leases. and all nnte. issuea, proceeds, and protita accruing trom said real property and tosether with all proceeds ot the conversion. votuatary or involuntary o( any ot t6e toregoing into caah or liquidated claims, including without Gatitation. procceds ot insurance and condemnation awards (tbe foregoing aaid resl property, tangible and intangible penonal property hereinafter referred to as the Mortgaged Property). Mortgasor hereby granta to Mortgagee a security intereat in the toregoing deacribed tangible and intangible pereonal pmperty. TO HAVE AND TO HOLD the Mortgaged Property, together with all and aingular the tenementa, heredit~ments and appurtenancea thereunto belonging or in anywise appertaining and the reversion and reversions thereof and all the eatate, ~ right, tiile, interest, homeatead, dower and right ot dower, eeparate estate, po~ion, claim and demand whatscever, us well in law ae in equity, of Mortgagor nnd unto the aame, and every part thereot, with the appurtenances ot Mortsa~or in and to the same, arid every part anci ~wrcel thereof unto Mortgagee. . Mortgngor warranta that it has a good and merketable title to an inde(easible tee s~state in the Mortgaged Property E subjeM to no lisn, charge or encumbrance e:cept such a8 Mortgagee has agreed to acoept in writing and Mortgagor covenanta that thia Mortgage is and will remain a valid and enforreable (icst mortgage on the Mortgaged Property subject only to the ~ e:ceptions herein pwvided_ Mortgagor hae (ull power and lawful authority to mortgage the Mortgaged Praperty in the manner and (orm herein done or intended hereafter to be done. Mortgagor wiU preserve such title and will forever warrant and detend the aame to Mortgagee and will forever warmnt and defend the validity and priority ot the lien hereot againet the claims of all petaons end parties whomsoever. : Mortgagor will, at the cost of Mortgagor~ and without e:pense to Mortgagee, do, e:ecute, acknowledge and deliver all ~ and every sach further acta, deeds, conveyancea, mortgages, aseignmenta, notices of assignment, tranafers and aaeurancea as ~ Mortgagee ehall trom time to time require in order to preserve the priority of the lien ot this Mortgage or to tacilitate the pertormance ot tl~e terms hereof. f PROVIDED, HOWEVER, that if Mortgagor ahnll pay !o Mortgagee the indebtedneaa in the principal sum of ~ S 2 a 261. ~a as evidenced by that certain promissory note (the Note), ot even dete herewith, ~ecuted by ; i Mortgagor and payable to order of Mortgagee, with intereat. und upon the terms aa provided therein. and together with all ~ other aums advanced by Ma~rtgagee tn or on~ half pf Mo{~ ,~t~ ant to the Note or this Mortgage, the final maturity ~ d~te of the Note and thiu Mortgage being '"`CP~ber ~~ii~ , and ahaA perform all other covenants and i conditiona of tbe Note, all o( tbe terms ot which Note are incorporated berein by re[erence as thouq6 eet (orth tully here- ~ in, and of any renewal, e:tenaion or mo~filication. thereo( and of thia Mortgage, then thia Mortgage and ttie estate hereby ~ ; created ahall cease and terminate. ~ . ~ ~ ; Mortga~or further convenanta and egrees with Mortgugee as tollows: ~ k 1. To pay all aums, including intereat secvred hereby when due, es provided (or in the Note and any renewal, e:tenaion ~ i or modi(ication thereof and in this Mortgage, all such eums to be payable in lawful money o( the United Statea ot America ~ ~ at Mortgagee a aforesaid principal office, or at such other plece as Mortgagee may designate.in writing. ~ 2. To pay when due, and witbaut requiring any notice from Mortgagee, aU ta:es, asseasments ot any type or nature E and other chergea levied or aasea~ed against the Mortgaaed Property ot t6is Mortga6e and produce receipta theretor upon € demand. To immediately pay and discharge any claim, lien or encumbrance ageinat tbe Mostgaged Praperty whicb may be ~ or become superior to this Mortgage and to permit no detault or delinquency on eny other lien, encumbrance or charge against the Mortgaged Property. - i ; 3. It required by Mortgagee, to alao roake monthly deposita with Mortgagee, in a non-intereat bearins accouni, to- ; gether with and in addition to inteteat and prinripal, of a sum equal to one-twelfth ot the yeady_te:es and assessments which ~ ; may F?e levied against t6e Mortgaged Property, and (if ao requirerf) one-twel(th of the yearly premiums tor insurance thereon. The amount o( such ta:es, aseesscnents and premiums, when unknown, ahall be eatimated by Mottgagee. Such ~ deposita shall be used by Mortgagee to pey euch ta:ea, aseessmenta and premiums when due. Any insuHiciency ot wch ~ • i E ` ; ~a ~2~~9 ~ 1~ : ~ ~ ~ ~ - - ~ ~Y ~ t ~ ~ r . ~ ~ _ ~ ~