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Home My WebLink About2891 435.304 Mult•r(:A(:1~1~. ~ ~ N~1URT~iAGE GEED Avco Fitlancial Services of ` Ho cod FL Inc ~ u-Y~'t_ ~ ~ + r::. ,o,,,,, 2 2 S Federal NWY f Ft. Pierce , Elands j I h.,t Mortgagor hereby grants, bugains, assigns, std conveys unto M~•rtgagrr, the fulbwirtg drxribed real estate in the ('ounty of St. Lucie ,State ut 1•luriea, to wit: The North one-hs,lf (N~) of the East one~half (E~) of the ~ West 194.46 feet of the East 511.15 feet of the South 210 feet of the North 3?5 feet of iot 222 WHITE CITY SUBDMSION~ according to the-Plat thereofi as recorded in Plat Book 1~ Page 25, of the Public Records of St. Lucie County Florida Also known as Lot 10~ Blollfk 2i of unrecorded Subdivision, _ BR00~4E1-TIOGA. Recshrsd ~ ->i~ L=.__In Payment Of Tsxell< Ous On Class "C' Intanpibls PersonalProperty - Alsot known for street numbering purposes ass "urauarn To Chapter 7t, 134, l1(xs Of 19». 90? Coral Street ROGER POITRAS Ft. Pierce, FL 33450 ('IerA circuit Coup, St. l~ttcia, Co., qa; ' • t- t tom- t a t• +1 s - 00 . r L O . 1q` ~Oq i 9L ~ ~ - by , .f c '.~~?Yr _ i _ ~1 a•. - v r.~• - i i t•.~_•rthrr with all buildings and impruverrxnts now ur hercaftkr rrccled thereon and all screens, shacks, storm sash and blinds, and heating, lighting, plumbing. electric, venulaung, refrigrraurrg and air-.unditiuning equipment used in connection therewith, all of which, for the purpose of this mortgage, shall be j Jccmrd fixtures and wbjcct to the lien hereof. and the hrrcditamrnts and appurtenances pertaining to the property above described, all of which is referred to ` hrrrrnaftrr u the "prcmisr~'. - i ~ I O H 1~'t AND i0 HOEU vid land and premises, with all the right.. pnvikgr+ arxl appurtenances thereto belongirgt. unto mortgagee and his heirs, executors. Z ~dmtni+tratun. iuR'rsson and assigns. forever. i ~Il~rtgagur also assigns to Mortgagee all rents, iswes and profits of said premises, reserving thk right to colkct and use the sarrre, with or without taking ! p.~.xsiun of the premises_ during continuancz of default hereunder, and dunng continuance of wch default authorizing Mortgagee to enter upon said premises ~n,± ur colkct arM rnfor.•r the same without rrgud to adequacy of any security for the indebtedness hereby secured by any lawful mgns including II ~Fp.rrntment of a -rcriver in the name of any puty hereto, and to apply the same less costs artd expenses of operation anc collection, including reasonable atturrtry's fern. upon any indebtrdrxs+ secured hereby. in wch order u Mortgagee may determine. 1 }i F ()R THE PURPOSE OF SECURING: (11 Performance of pch agreement of Mortgagor contained herein; (2) Payment of ttte principal sum of f S 10,545.95 with inter O, as ro~ in accordance with tlte~rt~t~ar~~rovisions of a Promissory NoteJLoaut Agreement (hereinafter rcfertYd to u "Promissory Note") dated ~ ,maturity date O 33UU-~•t33""77 ,and payable to Mortgagee, to which Promissory Note rcizrencx is hereby made; (3)The payment of any additional sums and interest lhtrcon that may be lent by Mortgagee to Mortgagor except that the maximum prin. ipal amount secured by the Mortgage shall not exceed S- : (i? The payment of any money that may be advanced by the Mortgagee to V ortgagor for any reason or to third parties where the amounts arc advanced to protect the security or in accordance with the covenants of this Mortgage. 1t,' payments made by Mortgagor on the obligation secured by this Mortgage shall be applied in the- following order. hIRST: To the payment of taxes and assessments that may be kvkd and assessed against said premises, inwrance premiums, rcpain, and all other charges and expenses agtoed to be paid by the Mortgsgor. ; St.COND: To the payment of interest due on said ban. THIRD: To the payment of principal. ' I PROTF.Ci THt SECURITY HEREOF, MORTGAGOR COVENANTS ANU AGRFtS: 111 To keep said prrmi+rs mwred agam+t tier and wch c,thrr 1 ~.,.ualtxs as the Mctgagee nay specify, up to the full value of all improvements fur the protection of Mortgagee m wch manner. m w:h amount+. anJ to wch .~~mpanies as Mortgagee may from time to time approve, and to keep the pohcirs therefor, properly erxforsec. un deposit with Mortgagee. aril that lu++ , r~rercreds (ks~ expenses of collection) shall, at Mortgagee's option, be applied on sad indebtedness, whether due or nut ur to the rr+luratiun of +ad t irnpmvrrtrents. In event of bss Mortgagor will give immediate notice by mail to the Mortgagee who may make proof of Ws+ if nut made promptly by s illlrtgagor. and :ash inwrance company concerned is hereby authorized and directed to make payment for such los+ directly to Mortgagee instead of ' I Vurtgagor. 121 To pay all tares and special assessments of any kind that have been or may be levied or assessed upon said premises. or any part thereof t i) In ~ the event of default by Mortgagor under Puagraphs 1 ur 2 above, Mortgagee, at its option (whether electing to declue the whole indrhtednrs+ secured hrrchy ~ 1:3r and collectible or not), may la? effect the inwrutce above provided for and pay the reasonable premiums and chargrs,thelefor:.(blpay all sad taxr+ and i ,.,.•+sments wrthuut detetmirong the validity thereof, anc (c) pay wch liens and all wch disbursements shall be deemed a part of the rndehtrdnrs+ secured by hip Mortgage and ,hall be immediately due and payable by Mortgagor to Mortgagee. 141 To keep the buildings and other rmprovemrnts now or hereafter 4 rr~ted in gaud rond?tion and repair, nut to commit or suffrt any wa+te or any use of vd premises contrary to rrstnrtiun ur record ur contrary to law+. dmancrs or regulations of proper public authority, and to permit tifurigagee to enter at all rrascrnablr times fur the purpose of in+prctmg fix prrmnr+. nut e remove ur demolish any hwWing thereon: to complete within One Hundred trghty (1801 Day: ur restore promptly and in a gaud end wurkmanhkr manner r( I bwWmg wfiich may be constructed, damaged or destroyed thereon amd to pay, when due, all claims fur labor performed and matenal furnished therefor. I hat the Ume of paymrnl of the indebtedness hereby secured, ur of any pcrruun thereof, may br extended ur renewed and any purtrons of the prcmrses In dexnbrd may, without notice, br released from the lien hereof, without rrlea+ing ur affecting the prrwnal habibty a( am penun ur curpl•rauun for the ~ ment of said indrhtedneu ur tlse lien of this instrument upon the rrmaindrr of +ad premise, fur the full amount of sarJ indrhtedne+s then remaining ~ lald, and no change in the uwnenhip of sad premises shall release, reduce or otherwise affect any wch prrwnal habrhty on the Ixm hrrchy created. 161 ~ ~t Ix is srvrd of the prey .ws m fir +impk and has gaud and lawful tight to convey the same: and that hr dlrr+ Fxrcby forever warrant and wdl forever C ;:lend .he title and possesses rhrrcuf against the lawful claim. of any and all persons whatsoever. : - - ~tr{/R ~ rrN/C ~V V~ p oe~oNa (REV. r/7a) ~ ~ - F ~ y _ - ~ - . _ _