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Home My WebLink About1092 _ This instrullent Prepared by: George W. Semler, Esquire .4341x7 P. o. ~ ZZIO n Stuart. Fla. 33494 1 • MORTGAGE DEED TN1S MORTt;AG!•:, exeruttd this day of ..February A.D., 1979 by VICTORY CONSTRUCTION, INC.., a Florida corporation, ix reinatter called the Mortgagor, which term eh.dl include xingul.+r ur plurd, e•~,rl?e,r.+tiun ur individual, and either se:, and shall include the hero, (egul rrpnsentntives, xue•cesw?ro and :?wigns of the 1ortgagor, to AMERICAN BANK OF MARTIN COUNTY. Slate honking e•ortx?ratiun org+u+ixe•tl trod existing under the L+ws of Florida w+th it+ princitad phtce of hwittess in Martin G,t+nfy, Florida, here•inafte•r calhyl Ihe• 111urtgage•e•, who h teen +1+:+11 include the +u+reww+ro :tt+tl assigns of the i ~+a:d Mortgagee. - ~ V~'lTNIiSSE•TH THA'1•, \Y1IkItF:Ati, the, 111ortt;:+gur h.?s recerverl a Iw+n from the Mortgagee and is justly indebted to the Mortgagee, which indebtc•~Ine•.v is hereby acknowlerlgc•+1 :u+d is ewidene•evl by » certain promissory note, a copy of - which has been market! "1•:xhibit A" and allacheel hereto anel the provisions of s:+id note are by reference made a pall of th+s instrument. •NO\Y THIS I?IURTGAGk WITNI•:S.til•:TN, 1h:N the c+id Mortgagor fur tt+e• ix•tter see•uring of the severnl xums of money menliuntd in the s:ud note de,e•. hcreb}• gr:u+t, t+:+rgain, w•II, alien. remise, release, e•onvey and cor+firm unto the said Mortg:ogee, in ter, simple forever, the tollowin;, de•w•ril,evl land, of which s:+id Mortgagor is now seised and Ix,sseased and in actual I,esaession - . ~ St. Lucie .count • setuate. lying and being in..... y, 5t•+te of Florida, •+nd more particularly deacnbed as te>tlowr SEE EXHIBIT "B" ATTACHED HERETO. RELEASE CLAUSE, SEE EXHIBIT "C" ATTACHED HERETO. f .-t • S "T-ATE ~ F L ~ ~ 1. ~ Rectvsa s M+ Parn«rc of Ttrtw - _ _ ~ _ - ~ pue On Class "C" Itttaf101b1a1~fa0t1a1PropMty, - - :.~~1~ ` purautxt! To Chapter 71,134„ Aols Of 1s71. - - • _ . ROfiER POITRAS ~ ~ ~ _ _ - - Ctt)?t+ Ctrtatit Ctwrt. St. L~1tsM, ~0.. Fla. i t _ ~ i -i TOGETHER WITH all and singular the, to nements, hcridir.+me•nts and appurtenances thereunto belonging or in ~ .+ny wi,:e appe•rtainir.g ar?e) all stnu•lures and imt?mveme•MK now :+nd he•raafter on s:+i~t land :u+tl all fixtures attached th.•relo, together with all n•nts, is.~ues and profit: accruing (rum s:+ir1 promises :rod all Ras, steam, electric, water, plumb- . ing, lighting, ventilating, healing and rew,ling syaem:?, which now are or miry be in or on said premises ihewgh they i t?e detached or detachable, intruding nut not limded to all refrigerators, stoves, ovens, appliances and carpets and all additions, replacements and inrnrase"thereof hen:~fte•r acquired or Iexated on the said premises, and all attachments and parts thereof, and any aeMitions, a:tensions or betterments of, in or to the buildings now or hereafter erected on the said premises. TO HAVE: ANI~ TU HO1.1+ the aM,ve Rru tell premise,:, with the appurtenane•c. unto the stud Mortgagee. in fee simple forev.•r. AND the s:+id Mortgagor hereby covenants :end aRrtes with the s:+id Mortgagee :+s follows: e 1. That the Mortgagor is lawfully seized of the above deae•rihed premises in tee simple and has good right to sell and convey the same to the Mortgagee: that tl+e s:+id premises are free and divharged of and from all taxes, tstt titiea or certificates, judgments, mec•hanic?i liens and t•n.•umbrances of any nature or kind whatsoever and that the Mortgagor .gill fully warrant and defend the, s:?me te, the Mortgagee, against tl+e• lawful claims :+nd dem:+nds of all persons whom- sne•ver, and will make such furtl+,•r :~svur.+oces to t?erfe•ct tee, simpre title to s:+id land, in the bortgagee, as may reason- ably be required, and will pity the several sums ..f money agreed in the said note to be paid and all installments o~ prin• cit.~•+) and interest thereon promtdly when due, ::nd ae-ev?rding to the true tenor and effect of the said note. 2. That the Mortgagor. will pay all and singular the taxes, :issesementa, levies, and encumbrances of every nature on the above described property, and ul+e,n this tnorlgage and note, or the money secured thereby, before delinquency thereof and receipts evidencing payment of said taxes, assessments, levies and encumbrances shall be deposited with the 111ort• Kagee on or before March 1st of each sun•eeelin;t year during the term of this mortgage; and it name be not promptly fl p:+,d when due, the Mortgagee nuiy: (without obligation to do s"? r+:ey the s:+me, or become purchaser of any lawful evi- - dente thereof, or cerlifir.+te therefeir, without w:uving or affecting :+ny right hereuneler and in this mortgage, or the said note which this mortgage see•ure•a: and such Isryments or expenditures so made shall hear interest from the date thereo[ at the highest legal r:ate. 3: That the Mortgagor will l~eel+ all real anal I,en+una) pmtx•rty now or hereafter ene•umhered by the lien o[ this - mortgage insured as nuiy he required from time to time by the, Mortgagee ag:+inst loss by fire, windstorm and other hazards, r.+suallie•s and e-ontingen.•ies fur such tx•fioels and for r?+,t le•n.s than such amounts :a may he required by the 1lurtgaRee :u+d to te+v promptly when due all pr.•miunu for such insur:+ne•e The :+rt+uunts nt Stith insurance required by the Mortgagee are, expn•scive of only the. rninunurn amuuntx fur which s:ud insur.iner shall I?e written and it shall be incumM•nt ulx,n the Mortgagor 1.. maintain such adehlional insurine•e as m:+y he netess+ry to meet and comply fully with all e•o-insurance requirements rnntainetl in .:+id t:o{icit•s to the entl th:+t s:+iel Mortgagor is not a co•insuror thereunder. Jmumm•e shall he written by n comtr+ny ++r comt?anica :q,pmvevt by the Murtg:+gc•e and all Ix,licies and n•newalrtheceot sh:dl ht held by the Mortgage. All det:ulerd designations by the, Mortgagor which are .+ee•epterl by the Mortgagee and . ~o . _ - - - -