HomeMy WebLinkAbout0576 ` ~
~~:35'1~
MORTGAGE DEED AND SECURITY AGREEMEN,T ~
THIS MOR'I'GAGE DkED Ithe Mortgf~ge>, ~le~ted as ot Febniary 26 , 18 79 , by und hetween
MARLENE C. LEEZFR and SIEGFRIED HALF['AP, as joint tenants with rights of survivorship
lhereina~~/er callcd hlortR+~B~~l i~nd S~ ~N~C ~F SZ'. LUCIE OOt~JIY . tmving :~n
Fort Pierce - . Floriein Ihemin.~tter ~•alled hfortgugee):
WITNE38~!'H, that in conaiderutiun ot the premiaea and in order to ee~•ure the ~~yment ot hoth the princi~xd of, and
interest and any other euma {mynble on the note (na hereirw(ter de[inedl or this INortgage s~nd the ~~er(ormunce and ot?-
servance ot all of lhe provisions hereo( and ot aAid note, I?1o~tgugor hereby granta, aells, warranb, aliens, :emises, releuses,
ronveye, a~igne, lruns(ers, murtgages and eeta over and con(irms unto Mortgngee, all of Mortgt~go~ s estate, riRht, title nnd
interest in, to and under ~ll ttuit certain rna) pro{~erly situnle in St. I.11C1C Counly, Flori~ more ~+r!ic•ularly
deacritxd ne followa:
Lot 22, Block 558, PORT ST. LIJCIE, SECfION 'INIRTEEN (13)
according to the plat thereof, recorded in Plat Book 13,
Pages 4, 4A-M of the Public Records of St. Lucie Coi.mty,
Florida.
\ ~ ~ . ~t.~ . ~ ~ . f 0
J I~P~'~aTws
RecN~ ~
G ~ , . : ~ - PNSO~r~ prpp~rty.
~ _ - , - . . :1 ~ ~ ~ ~ ~ ~ ~uc On C~ass "C~ pt 1~71.
~ Pursua,~t to Chspter 71• 134. ~
. : _ . ~p(iER POIf'!t/?S ~
~tk Circuit Couh. SZ' t~'~e'
T(X;F'I'HER W[7'N .ill impn~vements now or herea(trr locatecl on said real pro{~erty and all tixtures, appliunci•~,
appar:~tus, equipment, he:?ting and air conditir,ning equipment, mnrhinery and articles o( pereonal property and replacement
thereof lother tluin thoee owned by lesaees of said real property) now or hereatter atfixed to, attuched to, placed upon, or
u~d in any way in conne~•tio~ with the complete and com[ortable use, occup:+n~•y, or operation oi said real pro~ierty, all
li~rnses and ~?ermits used or required in connection with the use of said rnal pro~~erty, all leases of said real pro~~erly now or
herrafter entered into and all right, title and interest ot MortRagor themu~der, including without limitation, cash or securi-
ties de~?osited thereunder pursuant to a~id leases, and all rents, issuea, proceeda, and profits nccruing from said real pmperty
and toRether with all pra•eeda of the convernion, voluntary or in~•oluntary o( any of the foregoing into cash or liquidxted
~•laims, including without limitation, praeeds of insurance and condemnation awards (the foregoing s:iid mal pro~~erty,
tangible and intanRible personal pm{~erty hereinafter relerred to as the l~torigaged Properiy). Mort~aRor herehy Rr.~nts
to I41ortRaRee a security interest in the (oregoin~t descrihecl tanRible and int~~nRible personal property_
TO HAVE AND TO HOI.D the ~iortgaged Pro~~erty, tc~rther with all and singular the tenements, hereditaments and
appurtenances thereunto betonginR or in anyw~ise ap~?ert.iining and the reversion and reversions thereof and all the estate,
riRht, title, intetest, homextead, dower and right ot dow•er, separate estate, posse~ion, claim and demand wh~tsoever. as
, w•r11 in law as in equity, of A'IortRagor :~nd unto the s:~me, ~nd e~~ery ~wrt thereof, w•ith the appurtenances n( MortRaKor in
:~nd to the s:imc, and e~~ery p:~rt :+nd ~~:~rcel thereot unto 111ortRagee.
i
\1ortRagor warraMs that il h:~s a good and m:vketable tiUe to :~n indefeasible tee eslate in the ~tortKaRec1 Ym~~c~rty
t subject to no lien, charRe or encumbrance except such as Mortgagee has agrred to .u•cept in writing and lllortgagor cocenants
~ th:~t this Mortg:igP is and will remain a valid and entun•eable [irst mortgage on the Atortgaged'Property subjec•t only to the
~ exreptions hereir_ provided. AlortgaRor has IUII ~NIN'f~r and law(ul authority to mortRage the MortRaRed Pro~~erty in the
i m:inner and (orm hemin done or intended hernafter to be done. MortRaRor v?•ill presen•e such title xnd will tore~~er warrant
! and detend the s~~me to lltortRa~ee amd will forever w:~rrnnt :ind defend the ~:~lidity :?nd priority of the lien her~l :~Qainst ~
the claims ot all ~xrsons and ~wrties whomsoever.
! Mortgagor will, .~t the cost of Mortqagor, and without expense to MoHgaKee, do, e:erute, acknow~ledge and deliver all
~ and e~•ery such further acLg, deecfs, com~eyancet{, mortKaRes, assiKnments, notices o( assignment, trans(ers and assur.inces as
~ !~lortgagee shall (rom time to time rPquire in order to presen•e the priority of the lien of this AtortgaRe or to facilitate the
~
~ E~er(ormanre o( the ferms hereof.
~ 13 QOOD00 , HOWEVF.R, th:?t i( ,11ort~aQor ahall p:iy to ;~tortRagee the ~ndebteJne~s in . the principal sum o(
S ~4 as evidenced by that cerw~in promissory note Ithe 11ote1, ot even date herewith, executed by
~ I~lortg:~gor and {h~yable to order of Morig:~gee, wifh interest and upon the terms •HS provided therein, and together with all
~~ther sums ad~•anced by MortgaRee to or on behalf of 14lortg.~gor iursuant to the Note or thia Morigage, the final maturity
date of the Note and this ~lortgage t?eing r~~h 26, 199~ , and shall pertorm all other co~•enants and
~ i•onditions of the Note, all ot the temis of whirh I~tote are incor~x~raited herein by re(erence as thouRh set forth fully here-
~ in, :~nd of any renewul, extrnsion ~r m~xlifi~•:~tion, therc~~( :~nd of this l~tortRaRe, then this Atort~:~Re and the estate hereby
~
= ~•mated shal) ce:~se and terminate.
f_
:ltortq.~~or further con~•enants and aRrec~ with ;1lortgagee as (oll~w•s:
~ 1. 'To ~h~y all sums, includinR interest seevred hereby when due, as provided (or in the Note and any renew~al, extension
or m~i(ication thereof and in this MortRaqe, all such sums to be ~wyable in lawful money of the LTnited State9 ot Amerira
~
~ at blortRaRee e af~~res:iid prin~•ipal office, or at »uch other pla~~e as 141ortRaQee may designate in writinR.
r
" `l. To Ex~y whsn due, r~nd without reywrinR any natice (mm MortRaKee, all taxes, :issesaments of any ty~~e or rwture
and other charges levied or as4essed aRainat the Aiortgaged Yro{~erty or this 1liortgaRe and produce receipts there(or u{wn
demand. To immediately ~kiy and d~scharQe any claim, lien or enc~umbrance against the Morigaged Yro~~erty which may be
or IxH•ome su~~erior to thia hlortgaRe and to ~~ertnil no deiault or delinquency on any other lien, encumbrance-or charRe ~
J :~K:iinst the 141ortRaRed Yroperty.
3. If requirecf by MortRaRee, to also make monthly de~x?sits with 1~1ortRagee, in a non-interest bearing account. !o-
Rether with and in nddition to interest and princip~l, ot ~ sum equa) to one-twelfth of the yearly tazes and asses.gments whi~~h
' mxy he levied aR:~inat the Mort~:iRed Yroperty, and li( so requiredl one-twelfth of the yearly premiums for insurance
~ thereon. The nmount of such taxcns, aaveasments and premiums, when unknown, ahall be estimated by MortgfiRee. Such
~ (IP~I(K3UA ~hall be usecl by MortKaRee to {~ay such taxes, as~ments and premiumrc when due. Any insuf[iciency of such
~
i
t 3~4 ~ ~7S
~
, y - - - - - ~
s =r.
~ k~n,~~ z-y< - . ~ - ~ ~