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Home My WebLink About1767 - / ~ 43~c'S~9 MORT(~AGIa:~ MORTGAGE DEED A~cca F+ »n ~ ^Qa _ Hollyu ~ 60101017 . 11.1t ~ °ree , Florida I h.It 1lurtgagur hcrcb> Banta, bargatna, aastgtts\ and conveys unto MI•rlgagrr, the folbwing described real estate in tltc ('aunty of 4t Lucie ,state of hlurida, to wit: ;he East 167 feet of the NE~ of the NW~ of the NE~ of Section 29, Tounahip of 35 South Range !.0 East lying South of Edwards Rl~tds public records of St. Lucien County Florida. excepting therefrom all rights of uay for drainage canals and public records. _ - . - -z- ~ ~ ~j O r ~r• 9 p0~ w( r9 On~w--F TqG ~~,~-~'f-nl•9L ~O w~ + L 0~~~~T4' r ~ r _p J r .fop` coplor _ ? ~o lroo,or ~coa~o~ y..t~, • ,j.l.. I • V Received t3 M Payrnsrtt Of Taxss Due On Class "C" Intartpibie personal property Pursuant to Chapter 71, i34. Ads Ot 1~7~. • ROGER POITRAS a(~ Clerk Crrctrq Covet. S't. hueM. Co., Fla. t~+erther with all burWtngs and impruvrmcnts now ur hereafter erected thereon and all screens, shades, storm sash and blinds, and fieatirrg. lighting, plumbing. electric, ventilating, refrigerating and air~unditioning equipment used in connection therewith, all of which, for the purpose of this mortgage, shall be +«mzJ futures and subject to the lien hereof. and the hrrcditamrnts aexi appurtrrtan~YS pertainigg to the property above described. all of which is referred to hue+naftcr as the "prcmisri'. G E it) 11•~~'f. AtiD TO HOLD said land seal premix,. with all the rights, privileges and appurtenances thereto belonging, unto mortgagee and his heirs, executors. eJmmistratun, wlctissors and assigm. forever. ~t,~rtgagor aho assigm to Murtgagcr all rents. iawrs and profits of said premises. reserving the tight to collect and use the same, with or without taking .,srsion of the premix,. during continuance of.dcfauU hereunder, and during continuance of wch default authorizing Mortgagee to enter upon said premises en3 ur collect acrd cnfunr the same without regard to adequacy of any security for the indebtedness hereby secured by any lawful means including ,peumtment of a receiver in the name of any puty hereto. and to apply the same less costs and expenses of operation and collection, including reasonable .,ttorrn)'~ fern. upon any indebtedness secured hereby. in wch order as Mortgagee may determine. f e)Ft THE PURPOSE OP SECURING: I1) Performance of each agreement of Mortgagor contained herein; (2) Payment of the principal vein of i 7237.1(. with interest, as provided in accordance with the berms and provisions of a Promissory Note/Loan Agrcement (hereinafter referred to as "Promissory Note") dated _ ,maturity date m_2?_AE, acrd payable to Mortgagce, to which Promissory Note r~•terence u hereby made: (3?The payment of any additional sums and interest thereon that may be lent by Mortgagee to Mortgagor except that the maximum pnnripal amount secured by the Mortgage shall not exceed S- : (4) The payment of any money that may be advanced by the Mortgagee to ~!ortgagor for any reason or to third parties where the amounts are advanced to protect the security or in accordance with the covenants of this Mortgage. a;l payments made by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order: f-IRST: To the payment of !axes and assessments that may be kvled and assessed against said premises, inwtance premiums, repairs. and all other charges anJ expenses agreed to be paid by the Mortgagor. ' Sf.COND: To the pvYrnent of interest due on said loan. fNIRD: To the payment of principal. - ' i 1 U PROTF.('T 'fNF. SE('URITY HF.RF01=, MORTGAGOR COVh.NANTS AND AGRF.f.S:- 111 Tu krrp said premix, mwrcJ agatnst fire end wch other ~.,walhcs as the Mortgage may specify, up to the full value of all improvements for the protection of Mortgagee in such manner. in wch amount.. slat m wch .,,meanies as Mortgagee may from time to time approve, and to keep the policies therefor, properly endorsed, tin deposit with Mortgagee. anJ that loss pn,cerds Ikss expenses of wlkctan) shall, at Mortgagee's oplan, be applied on said indebtedness, whether due or nut ur to the « stuatiun tit +aht i;neruvemrnts. In event of loss Mortgagor well give immedute notice by mail to the Mortgagee who may make proof of {ass if nut maJr promptly by n ~i„rtgagor, and :ach inwrance company concerned is hereby authorized and directed to make payment for web loss directly to yturtgagrr rmtrad of ~turtKagor- 121 To pay all taxes and special assessments of any kind that have been or may be levied or assessed upon said premix,. ur any part thrrcuf 131 In b the event of default by Mortgagor under Paragraphs 1 ur 2 above: Mortgagee, at its option (whether electing to declare the whole indrbtrdtrrss xrurcd hrreb> > and culkctibk or not?, may la) effect the irt:wrance above provided for and pay the reasbnabk premiums and charges therefor: Ibl pay all wW te~r\ anJ ,.k•smrnts wuhout determining the validity therwf, and Icl pay such liens and all such disburxmenK shall be deemed a part of the indtbtrJness xcurrd M hr, Nurtgage and shall be immediately due and payable by Mortgagor to Mortgagee. (41 To krrp the buildings and other improvements noK ur hrrraftrr n_~.teJ in gaud condition and repair, not\to commit or wffer any waste or any use of wid premix, contrary to restnctiun ur rccorJ or cuntran to laws. ~i,nances or regulations of proper public authority, and to permit Mortgagee to enter at all rrasonablr time. for the purpose of inspeang the premix,. not remove or drmuhsh any building thereon: to complete within One Nurxircd llghly 11801 Days ur resarrr promptly and m a gulxt and wurkmanhkr manner huiWing which may be constructed, damaged ur destroyed thereon and to pay. when Jur, all clarms fur latwr prrformrJ and matrnal lurm.hrd therefor. , f hat the time of payment of the indrbtrdness hereby secured, ur ul any portion thrrcuf. may br extended ur rcnrKrJ anJ am plrrhuns of the prcmlxs ,n described may, witMiut notice, be releaxd from the lien hereof. without rrlracing ur affecting the personal habihty of anc prratn or iurpurattun for the nx rat of said indebtedness, ur the .lien of this instrument upon the remainder of said premix, for the full amount of ,rid mdrbtrJnrss then remaining .enf, and nu change in the nwnrrship of said premix, shall rcleax, reduce or othcrwisr affect ant- wch perwnal haMhty tin the hen tnrch} crratrJ. 16t et Ftc is seised of the prc1 acs in ire simple and has good anJ lawful right to iom•ry the vine: anJ that hr duns hrrrb) turrvrr warrant anJ Kill lurcvrr t~ nd the tick and povessil rnrrcuf against the lawful claims of any and all persons whatsoesrr. , 3 ~ao~ X02 ,'Ir 1767 09-0175 (REV- f/7a) _ c. r ~ ~ ~ rb ~