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Home My WebLink About1667 4:36.324 ~ 432 1 `~1 Ps•R~ 1 ' ti MORTGAGE DEED AND SECURITY ~GR'EEMENT TH13 MORTGAGE DEED (the Mortgage), dated as of February 2 1979, l,y ;end between Blanche M. Wotruba and Jeanie T. Mazza (hereinafter Balled Mortgagor) and $un Bank Of $t . Lucie County , buying :+n orrr•e at 111 Orange Avenue, Fort Pierce ,Florida (hereinafter Balled hlortgageel: WITNE33ETH, that in considenttion of the premises and in order to secure the 1?ayment of both the princilutl of, and interest and any other sums payable on the note (as heminafter defined) or this Mortgage and the performance and o~- servance of all of the provisions hereof and of said note, Mortgagor hereby grants, sells, warrants, aliens,- remises, releases, conveys, assigns, transfers, mortgages and sets over and confirms unto Mortgagee, all of Mortgagor s estate, right, title :end interest in, to and under all that certain real property siluatein St. Lucie (`ouaty, Florida more l,articularly desc•rihed as follows: Lot 22 and 23, Block 7 of Silver Lake Park Addition as recorded in Plat Book 10, page 8, public records of St. Lucie County, Florida. THIS MORTGAGE IS fjE1NG RE-PECOROEO Tn SHCM PROPER NOTE. THE FIRST RE~ ST~TE_, CORDING MAS RELEASED If! O. R, BK. CR'' . ~ ~ PAGE (p 1-~ `i i:C•:vh1Et~:t;'r- _ , Sil;N':i•- ~ ~pl.,.~ _ _ , . • ~ ; _ IA Payment Of Taxes 1 ~ ; ~s = . •79 .a ~ 4 6. J~ 0 ~ 01rN On CIifM "C" hlRanpibte Personal Prof;erh?. . . _ _ ~ _ + Pursutmt To ChflptRr 71. 134. Ass Ot 197! . p lIOGER POITRAS Cbrlt Crcuit Court. Ludy. Ca. Ft~. ~ ~ - ~J T(>GF.THER WITH all improvements now or here:dter 1«•ated on said real pmt,erty and all lixtures, appli:rm•rh, aplurratus, equipment, heating and air conditioning equipment, machinery and artide±c of personal property and inplacement thereof lother than those owned by lessees of said real property) now or hemafter affixed to, attached to, placed ut~on, or used in any way in connection with the complete and comfortable use, occupancy, or operation of said real pmtrerty, all I lie•enses and permits used or required in connection with the use of said real prof~erty, all leases of said mat property now or f hereafter entered into and all right, title and interest of Mortgagor thereunder, including without limitation, cash or sec•uri- ties deposited thereunder pursuant to said leases, and all rents, issues, proceeds, and profits accruing from said real prutx•rty and together with all pr«•eeds of the conversion, voluntary or involuntary of any of the foregoing into cash or liquidated claims, including without limitation, pr«•eeds of insurance and condemnation awards (the foregoing said mat properly. tangible and intangible tersonal hrol,erty hereinafter referred to as the Mortgaged Prol,ertyl. Mortgagor heinhy gr:urts - lo hortgagee a security interest in the farego~ng desc•ril,ed tangible and intangible tx•rsonal property. TO HAVE AND TO HOLD the Mortgaged Prol,erly, together with all and singular the tenements, hereditaments :end appurtenances thereunto belonging or in anywise appertaining aril the inversion and inversions thereof and all the estate, right, title, interest, homestead, dower and right of dower, selmnte estate, f>o_csession, claim and demand whatsoever, as well in I:+w as in equity, of Mortgagor and unto the: same, and every f>.~rt thereof, with the appurtenances of Mortgagor in and to the same, and every l,:rrt and tr:rrcel thereof unto Mortgagee. Mortgagor warrants that it has a g«,d and marketable title to an indefe:rsihle ter, estate ur the Mortgaged Pmpr•rh• ~uhjec•t to no lien, charge or encumbrance except such as hiorigagee has agreed to accept in writing and Mortgagor covenants that this lliortgage is and will remain a valid :end enforceable first mortgage on the \iortgaged Property subject only to the exceptions herein provided. Mortgagor has full tx,wer and L•,wful authority to mortgage the Mortgaged Property in the manner and form herein done or intended hereafter to he done. Mortgagor will presen•e such title and will forever warrant :+nd defend the same to Mortgagee ;end will forever warrant and defend the v:didity and priority of the lien hereof against the claims of all persons and I,:rrties w•homtic,ever. " Mortgagor will, at the co_4t of Mortgagor, and without exl,ense to Mortgagee, do, execute, acknowledge and deliver all :end every such further acts, deeds, com•eyences. mortgages, assignments, notices of assignment, transfers and as.4urrnces as ~tortg:egee shall from time to time require in order to preserve the priority of the lien of this hiorlKage or to facilitate the {,erformance of the terms hereof. PROVIDED, HOWEVER, that it Mortgagor shall pay to :1lortgagr•r~ the indebtedness in the principal sum of g 31 ~ 000' 0~ as evidenced by that certain pmmitsory note (the Note), of even date herewith, executed by Mortgagor and payable to order of Mortgagee, with interest and ul,on the terms as provided therein, and together with all ,ether sums advanced by Mortgagee to or on behalf of Mortgagor ,ursuant to the Note or this Mortgage, the (final maturit}• date of the Note and this Mortgage being March 1, 189 ,and shall perform all other covenants and r rrnrlitions of the Note, all of the terms of which Note are inr•orlx,reted herein by refeinnce as though set forth fully here- in, and of any renewal, extension or m«tificatiun• thereof and of this Mortgage, then this Mortgage, and the estate hemhy + mated shall cease and terminate. Mortgagor further com•en:+nts and agreex with iliortgager• as follows: 1. To pay all sums, including interest secured hereby when due, as provided fur in the Note and any renewal, extension i r,r mrxlific•ation thereof and in this Mortgage, all such sums to he tH~yable in lawful money of the [lnitecl States of America at Mortgagees a(omxaid princip:l office, or at such other place as Mortgagee may designate in writing. 2. To h;,y when due, and without requiring any notice from Mortgagee, al! taxes, ;rsessments of any type ur nature :urd other charges levied or aavesgr•d against the Mortgaged Property or this Mortgage and produce receipts therefor ufx,n demand To immediately pay and discharge any claim, lien or encumbrance against the Mortgaged Property which may I,e nr F,ecome superior to this Mortgage and to hermit no default or delinquency on any other lien, encumbrance or charge :+Kainst the Mortgaged Property. 3. If required by htortgagr•e•• to also make monthly deposits with Mortgagee, in anon-interest hearing ac•e•ount. to- gether with end in addition to interest and principal, of a sum equal to one-twelfth of the yearly taxes and assessments which t may t,e levied against the Mortgaged Property, and lit so required) one-twelfth of the yearly premiums for insurance thereon. The amount of such taxes, assessments and premiums, when unknown, shall be estimated by Mortgagee. Such detxsits shall lie used by ~ Mortgagee to t>:,y such taxes, assessments and premiums when due. Any insufficiency of such f;E'R~.~ 1 • f J sec~~14 ~ac~~.~ eoe~~U~ :~~~r2~.8 3