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MORTGAGE GEED AND SECURITY AGREEMENT
'l'NIS A10RTGAGE DIsH:D (the Mortgage), dated as of 1~Ct:D~'r 311 l9 by and Ix•lw~vn
JESSIE MCMINNS AND IDA MAE MCMINNS his wife
Iheininafter called Mortgagor) :rrxl SUN BANK OF ST. LUCIE COUNTY ,having an
office at 111 Orange Avenue, Fort Pierce Floric4r Iheminafter culled Mortgag~r•):
WITNESSI•:TH• that in conaidemtion of the f~remises and in order to serum the fwyment of both the principal of• and
interest and any other soma payable on the note (as hereinafter de(ined? or this Mortgage and the frerformrrnc•e and ob-
servance of all of the frrovisions hereo[ and of said note, Mortgagor hereby gmnta, sells, warmnta, aliens, mnrises, releases,
conveys, assigns, transfers, mortgages and seta over and confirms unto Mortgagee, rrl! of Murtg:rgor's estate, right, title and
interest in, to and under all that certain real property situate in St. Lucie County, F loridu more particularly
described as follows:
Lot 17, of WHIDDON'S SUBDIVISION, according to the plat thereof as recorded
in Plat Book 9 at page 17 of the Public Records of St. Lucie County, Florida.
1 ~ _ _ - _ _ _ _ _ - - Received a ~ Q In Paynt~tt Of TatoN
_
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= ? : ; ' - . " i Due On Class ..C•• Intanpibla Prrsornl PrapMlr.
U ?_+M E N ~ A fi Y - : T L M H ~ i- x, I pursuant To Chapter 71, 134. ACtt Of 11?71.
c. r' Uf:~{- :--.tip'+'1f - _ i
K. _ .,~~.:A _ ! 6 ~ ! ROGER POITRA$ q
= - : e ~ y • ~ : ; CM•tr Circuit Court, St. Lucie, CO., Rg.
TOGETHER WITH all improvements now or hen•:dter 1«nted on said real pn,fxrty :end all tixtures.:q,plianres.
apparatus, equipment, heating and air conditioning equipment, machinery and articles oI fxrsonal profxrty and replacement
ther•eot (other than those owned by leaxes of said real profxrty) now or hereafter affixed to, attached to, placed ufx,n, or
used in any way in c•onnec•tion with the comfilete and rnmfortahle use, oc•cup:rnc;v• or ofreration n( said real profxrty• all
licenses and fxrmits used or required in connection with the use of said mat pn,{xrh•, all leases o[ said ma profxrty now or
hereafter entered into and all right, title and interest of Aortgagor theinunder• including without Gmitation• cash or sc•cun
ties defwsited thereunder pursuant to said leases, and :ell rents, issues, prcx•eeds, and profits accruing tram said real profxrty
and together with all pruc•reds of the conversion, voluntary or involuntary of any of the foregoing into rash or liquidated
claims, including without limitation, proceeds of insurance and condemnation awards Ithe foregoing said mat pmfx•rh~•
tangible and inl:rngible fxrsonal property heminafter reterrcd to as the 1tlortgaged Profxrtyl. !1ortgagor hen•hy goofs
to MortKaK~' a sec•unty interest in the fomguing deu•rifxcl tangible and int:urgible fx•rsonal profxrty.
TO HAVE ANU '1'O HOLD the IMortgagr•d PfO1xHy, tOgethPr with :ell :end singular the tenements, herr•clit:une•nts and
appurtenances themunto Ix•Ionging or in anywise apfxrtaining :end the inversion and reversions therc•r,f and all the estate.
right, title, interest, homestead, doveer :end right of dower, separate estate, f,ossc•ecion• claim and demand whatscx•cer, a~
w•ell-in law as in equity, of Mortgagor and unto the crme• and every part thereof, with the appurtenances of Mortgagor in
and to the same, and every part and p:rn•el thereof unto Mortgagee-
. :Mortgagor w•arrmts that it has a grx,d and marketable title to an indefeasible Ire estate in thc• \1ortKagwl 1'ngx•rR
subject to no lien, charge cir encumhr:rncr except such as Mortgagee has :rgn•ed to accept in venting and f?tortgagor covenants
that This Mortgage is and will remain a valid and enforceable first mortgage on the Mortgaged Pmfxrh• subject only to the
exmpiions herein provided. Mortgagor has full fwwer and lawful authority t., nu,rtgage• the Mortgagool Property in the
l manner and form herein done or intended hereafter to I,e done. Mortgagor will precene such title and will forever warrant
and defend the same to Mortgagee and will forever warrant :end defend the ~:rlidity and priority of the lien hen•rd against
the claims of all fxrsons and parties whotnscxver.
F Mortgagor will, at the cost of Mortgagor, and without exfxnse to Morfgagec•, do, execute, acknowledge and deliver :dl
and every such further acts, deeds, convevances• mortgages, assignments, notices of assignment, transfers and assur:rnc•es as
Mortgafee shall from time to time n•cfuim in order to preserve the priority of the, lien of this Mortgage or to lacilitate the
fxrformance of the terms hernot_
`s
F'FtOVIDY.D, HOWEVER, that it Mortgagor shall pay to Mortgagee the indehtrdne~. in the principal sum of
S la-~9A,~-- as evidene•ed by that certain pn,miscory note, fthe Note1, of c•cen date herewith. executed he
f Mortgagor and payable to order of Mortgagee, with interest and ufx,n the terms as provided therern, and together with all
other sums :rdcanc•ed by Mort r cc• to or on ix•half of Mort r or ronu:rnt to the NMe or this f~lorf
K~ K g: K 1 K~rKe. the final maturih•
date of the Note and this Mortgage Ix•ing Feh_ 1, 1994 and shall fx•r?orm :ell other covenants and
conditions of the Tote, all of the terms of which t\otc• are inrorfx,rrleY1 herein tw reference as though set forth fully here.
in, and of any renewal, extension or mcxlification, thereof :end of this Mortgage, then this Mortgage and the estate hereh}•
created shall cease, and terminate.
- Mortgagor further com•enants and agrees with fllortgage•e as follows:
s 1- To pay all sums, including interest secured hereby when due, as provided for in the \ote and any n•newal, extension
~ or m~xlification thereof and in this Mortgage; all such sums to Ix payable in lawful munc•y of the L'uite•el ~;tates of America
' at Mortgagee's aforesaid principal offire, or at such other place, as Mortgagee mac designate in writing.
2. To fwy when due, and without requiring any notice from Mortgagee, all taxes, :r.•ssessnu•nts of any tyfx• or natum
and other charges levied or assessed against the Mortgaged Prufx•rty or this Mortgage and pnxfucr receipts therefor upon
demand. To immediately pay and discharge any claim, lien or encumbrrnce against the Mortgaged Yrofxrty which may Ix•
or txcome sufxrior to this Mortgage and to fxrmit no default or delinquency on any other lien, encumbrrnre• or charge
aK:nnst the Mortgaged Pngx•rty.
_ 3. If required by \lurtgagir•, to alsrr make monthly dr•frosits with Atorlgagr•c•• in anon-interest IK•aring account, to-
gether with and in addition to interest and principal, of a sum equal to one-twelfth of the yearly taxes and assessments which
may t,e levied against the i?lortgaged Property, and li(w reyuiredl one-twelfth of the yearly premiums for insurance
thereon. The amount of such taxes, astie•ssments and premiums, when unknown, shall Ire estimated by Mortgagor. Such -
~ defwsits shat! he used by Mortgagor to pay sue•h taxew• :race_stiments and premiums when due. Any insutticiency of such
a
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