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Home My WebLink About2039 - ~ ~ i 4.3~'TT7 ~tuK,•c:nca~t: ~ i MORTGA~iE DEED ~ ~voo Fi•~n~~A~ SA,~~Ag or f: r t•M Yt~ Hol~,Y6[D4f~;-~+~-L11C.--- 'f( ~ ~ f.~+, ~r.tu, +PJuSf'1 r~.ff ~~2 S~ F[~ATA~ L .F.t.-_Fieraa; Fl. , Florida I hit Mortgagor hereby grants, bugains, assrgna, and cunveys unto Mi-rtgagrr, Ihr folbwntg dru•ribed real estate in the ('ounty of St• Lucie ,State of Flunda, to wit- Lots 6 & 7 Irene Plaza Block :>t. Lucie County - "_lso known for street numbering purposes as: 1700 N. 16th St. Mosivsd t . ~.-.-.=~t-s b PeY"+e^t Of Taxes . t. Pierce ~ FL 33450 Otis On GINS "C' Mlgrlpbl ~e~ottat?~rgleetl?, Ptartwartt Td CIISpIK 71.134. Alts Ot 1871. - aoc~n aaraAS - c)-~ - arch ca,n. St t.l+~: co.r Fa. - - i ~ t~• 1 r ~ t _t r T t~ a00_T!'t T9 ~00 !:!'f Ty 00 W(T po W O`er wF l . <oa~o~ <oa ~ * r f I 16 _ II II 11 ' ~ ' t tt~grthrr with ail buildings and improrrmcnts now ur hereafter erected thereon and all u-recns, shades, storm sash and blinds, and heating. lighting, plumbirtg. z~,. ~krtric, vrnt?lating, refrigerating and air-a:undttiuning equipment used is sronnrction therewith, a0 of which. for the purpose of this mottle, shall be 'i Jrrmed fi~turcs and wbject to the lien hereof. and the hrrcditamrnts and appurtenances perlainirrg to the property above described, all of which is referred to hi rr,naftcr a the "prcmisec"_ ~ f U IiA~'F AND TO HOLD seed land and premises. with all the rights, privileges and appurtenances thereto bebnging, unto mortgagee and his heirs, executors. ,Jrnrmstraturs. wcczswrs and assigns. forever. f ~ft,rtgagur alw assigns to Mortgagee all rents. iswrs and profits of said premises. reserving the right to collect and use the same, with or without taking pu,xssion of the premiss. during continuance of default hercumter, and during continuance of wch default authorizing Mortgagee to enter upon said premises E and ur collect ared enterer the same without rc~tud to adeyuxy of any security for the indebtedness hereby secured by any {awful means includirgt ef+ptnntment of a -ecrivrr in the name of any puty hereto. and to apply the same less costs and expenses of operation and collection, irrcludind reasonable ,tt,xncy's fees. upon any indcbtedrtess-secured hereby. in wc'h order u Mortgagee may determine. f UR THE PURPOSE OF SECURING: (1) Performance of each agreement of Mortgagor contained herein; (2) Payment of the principal wm of S 4~~=~~ with intemt, u provided in aceordance with the terms and provisions of a Promissory Note/Loan Agrcement (hereinafter re[emed to as - -•Promissory Note") dated 01~~1a~~ ,maturity date ()?..Cllr•.$6 ,and payable to Mortgagee, to which Promissory Note reference is hereby made; (3)The payment of any additional sums and interest thereon that may be lent by Mortgsgee to Mortgagor except that the maximum nncipal amount secured by the Mortgage shall not exceed f- ; (4) The payment of any money that may be advanced by the Mortgagee to ~tt,rtgagor for any reason or to third parties where the amounts arc a ranced to protect the security or in ucordance with the covenants of this Mortgage- VI payments made by Mortpgor on the obli~ttion secured by this Mortgage shall be applied In the followirrs order. FIRST: To the payrrKnt of taxes and assessments that may be krkd and asxssed against said premises, inwrance premiums, repairs, and all other charges and expenses agreed to be paid by the Mortgagor. - SE.COND: To the payment o[ interest due on said loan. - . THIRD: To the payment of principal. - - - ~ f U PRQTF.(T TNF: Sf:CURITY HEREOF, ~tOR'I~AGOR COVI.NAN7',S AKb>` #fy~ ' _ (1) To••krrpr?aid prernisrs tnwrrd igaui>!t fire-and >,urh other ` r ~a,ualtNS as the.Mottgagte may specify, up to the full value of aU improveptents for.lhe pro .lion of Mortgagee to such manner. in wch amfwnts. ar,J'en wch ,t,mpanees.as Mortgagee may from time to time approve, and to kcep:the pbticjes tlxrcfor, propeily endorsed~on drposit,with Mortgagee. and that bss prcxerds (less expenses of colfection? shall, at Mortgagee's option, be applied on said indebtedness, whethir due •oi not os to the rcsturatigri of sad improverrxnts. In,ercnt of bss Mortgagor will gWe immedute notice 1)Y mail to the Mortgagee who rimy fnakr prVof~of'loss if not made promptly by ~tt,rtgagor, and ach inwranee company concerned is hereby authorized and directed to make payment for such loss directly to Mortgagee imtcad of Vurtgagor. (21 To pay.-all taxes and special assessments of any kind that have been or may be levied or assessed upon said premises. or any parr thereof t311n , i the went of default by Mortgagor under Puagnpbs I-ur 2 above; Mortgagee, at its option IW~hether electing to dedue the whole irtdebtednrs, secured hereby q .iue and c:olkctibk or not), may (a) effect the inlurance above proridal for and pay tlfe reasonable premiums and charges therefor. Ib1 ppay all said taxes and ; ,.xssmcnts without determining the validity thereof, and Icl pay such liens and all wch disbursements shall tx deemed a part of the indrbtrdnrss secured by hn Mortgage and shall be immediately due and payable by Mortgagorto Mortgagee. 141 To keep the buildings and other improvrmrnts now ur hrrraftrr rr~ted in gaud i`ondition and repair, not to commit or wffer any waste or any use of vid premiss contrary to restriction ur record ur :untnn to law.. j -Jrnances or regulations of proper public authority, and to permit Mortgager.to enter at ail reasonable time. for the purpose of-insprcung the premises. nut rcnxi•vc ur demolish any building thereon: to complete within One Hurxlrrd Erghty t 1801 Uayc or restore promptly and in a gixxt and workmanGkr manner ~ lwilding which may be constructed, damagrd,or destroyed thereon and to pay. when dnr, all claims for labor performed and material furmshrd therefor. that the ume of payment of the indebtedness hereby secured, or of any portion thrrrof, may br extended ur renewed and my purhuns of the pnmtss rem described may, without nutter, be rckasd from lhr lien hereof. without releasing or affecting the perwnal lubilety of any prrsrw, ur .urprrahun fur the r merit of aid indebtedness or the tern of this instrument upon the-rcmaindrr of said premiss fur the full amount of said mdrhtrdnrss thin rcmarmng >aid, and no change in ltx ,~wnrrship of said premises shall reaas, reduce or olherwis affect any such prrsunrl leahdrt). un the Irrn hrrchy created. rbl t ltc rs xvrd of the per, a2s in frc simple amt has good and lawful right to convey the same: and that he dues hereby forever warrant end will forever E the title and possessic tnercuf against the lawful claims of any and all prrwns whatwevrr. ' 3QOK JVr. PArf ~~1~h7 09-ON9 (REV- t/7 r - - ' ~ }r ~ =~r