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Home My WebLink About0007 ~ ~i 4~2i391 ~ , • l . ~MORTGAGE DEED AND SECURITY AGREEMENT THIS I?tORTGAGE DEEO- (th~e Mott ~e)~,~ dute~l as of _~Y ~ 197~ , by and betwern C~2L C~2LZ~11, JR. and LI~IDA C~~IV, his wife, and GI~1~1 BLAC~[1RN and M1~8EL B~LA~[JR~T, 7FeScinnRe~~cnlled Mortgugur! and SL~1 8~1NK ST. LLIC.IE ~UI1I'Y . huvinR un ottice at 111 OY'driC~@ AV~111]E~ FbY't Pl@Y~OE.' . l~loridn (heminufter ~•~illecf MoHgagee): WITNES3ETH, that i~ conaiderution o( the premie?rs and in order to aecure the payment ot bolh the principnl of, and intereat and any other auma payable on the note (aa hereina(ter defined) or this Mortgage and the pertormance und ob- aervance of all ot the pmviaions hereot and o( aaid note, Mortgagor ~ereby grants, sells, wurrantr, nliens, remises, releuses, conveys, assigns, transfers, mortgagea und sets over and contirma unto MoHRagee, nll ot Mortgagor'a estate, riRht, title and interest in, to and under ~11 that certnin rnal pro~~erty situute in St _ T~r_i p County, Floridn more ~uirticularly described as tollowa: Zlze SE 1/4 of ttie 1~ 1/4 of Section 31, 7bwnship 34 South, Rarx~e 40 East. SUBJDGT ZO a right-of-way far Sapp Raad ov~es the East 30 feet and a right-of~way for Fort Pieroe Fanns Drainage District " Canal bTo. ~ ovpx the South 125 feet. ' . d aT.~. ` - ~ M PeYmsnt , _ f. _ ~ ; - - - - - • R°ceived s I~+~O~ ~~~~prpp~ny~ _ , - r,~ ~j ~ . . . 1 pue On Cless "C" pf 1~)1 - - ` ' ~ . i • nt To CI?epRK ~ ,Y ' , Pursua ~'~~11A8 t > s, 9 - 1- , . _ r~- ' ~ ~ Q. ~ ~ ~ 8t. L~ p~' ~ , . Ctork Circ~it CouR. , TO(:ETHER WITH~ all impro~~ements noK• or hereafter loc:~ted on c~id re:d pro~~erty and all tixtures, :~ppli:~n~•~~., ap~k~ratus, equipment, heating and air conditioninR equipment, m~chinery and ~rticles o( ~~ersonal property and mpl~cement thereof (other than those owned by lessees of snid rn~l property) now or here~lter atfixeci to, ~tt~ched to, pla~ed upon, ~r - used in any way in connection with the complete and comtortable use, occup:~n~ _v, or operation o( s:?id rnal pro~ierty. :ill licenses :~nd permits used or required in connection with the use of s;~id rea1 ~~ru~~e-fv, all leases ot said rnal pro~xtrty now or herea(ter entered into and all right, title and interest of Mortgagor themunder, includinR veithout limitation, cash or uvvri- ties deposited themunder pursuant tu said le.ises, and all rents, issues, pr~x•c~c~cls, :~nd profits accruing (mm s:~id re:il pro{x•rty and together with all ptoceeds of the com~ersion, ~~oluntary or involunL•~ry of :iny ot the tomgoing into cash or liyuidated claims, including without limitation, proceeds of insurancr :md condemttalion awards (the foregoinR said mal proExrty, tangihle and intanRible ~~ersonal pro~ierty hereinalter referrecl lo .~s thc Mortg:~ged Yro~~erty). A'IortKaQor herehy Rrants to Mortg.~gee a security inlerest in lhe (ore~oin~ descritK~c) tangible und intangible ~x•r~nal ~?roperty~. 'f0 HAVE AND TO HOLD the I~'IortR:~Red Ym~~erty, toRether aith all and sinRular the tenements, hereditanu•nt~ :~nd appurtenances thereunto t?elon~inR or in anywiu ap~x~rtaininR and the re~•er.sion and reversions th~reof :end all the est:~te, ' riRht, title, interest, homestead, dower and ri~ht of dower, ~e~u~r.~~e estate, ~~ossession, claim a~d dem:~nd w~hats~~•er. <~s ! well in law ;~,g in equity, of MortRaRor and unto the s:~me, and even~ ?k~rt iherc~f, w•ith !he appurtenances o( 1~1ortRaRor in :~nd to the s:~me, and erery p:irt and ~~:ir~•~I thereof unto MortK.+Rcr. i ~ MortRagor w:~rrants that it has :i K<wcl and marketaLle titlc~ to an indi•fe~asible fet~ estat~• in tht• :~1ort~:~k~~ci Pm~mrty ! subjec~f to no lien, rharRe or eni•umbram•e ex~•ept such as ;11c,rt~;agtr hati aKn~Yl to a~•~•ept in K•riting and 1lturtKaRor co~enants ~ that this Mort~age is and will remain ~•alid and en(or~•e:~b1e first murlR:~Re on the~ A1or~~aRed Pro{~erty suhjPC•t only to the ; exceptions herein pro~•ided. AtortK:~gor has full ~~ower and L•iw~ful authority tu mortRage the MortgaRed Yro~xrty in th~• ~ manner and form herein done or intended hereafter to be done_ Nlort~:iRor will preserve such tiHe and will (ore~•er w:~rrant- .ind de(end the same to Mortgagee :ind wi11 fore~•er warr:int and defend the ~~alidity and priority o( the I~en herc~?f :iR:iinst ' the i•I.~ims of all ~~ersons :~nd ~u~rties v?~homsoe~•er. ~ E . ~ MortRagor will, at the cost o( htortRaRor, and without ex~~nse to Mor1R:~Qee, do, exe~-ute, :~cknoaleclRe and deli~•er :~II ' and e~•ery such tuHher acts, deeds, conveyances, mortRnRes, arsiRnmepts, notic~~s of .~s~iQnment, tranc(ers and a~5urin~•e§ av MortQaRee shall froin time to time r~uire in order tn prese n•e the priorily of th~ lien of this MortRaRe or to (a~•ilitale thP ~ {~er(ormance of the terms hereof. ~ ~ PROVIDF,D, HOWEVER, that i( 1TortRaRor shall pay Io htort~a~c~~ thi~ indehteclness in the principal sum ul ; $ 80~000•00 as evidenced by that ~ertain promic.~ry note (thc~ Note), ot e~•en dat.~ hereK•ith, exe~•uted h~• ° MortRagor and pay~ble fo order of Mort~aRee, with interest and apon Ihe terms :~s pm~•idc~l therein.-and toRether w~ith all ~ other sums .~dvanced by 111ortQa~ee to or on beh:~lf of Mort~aQor pursuant to the Note or this Mort~a~e, the fin:+l m:~turity ¢ date o( the Note and this MortgaRe heinR ~y 2~ 19H4 , and shall perform all other ro~•enants and ; rnndifions of the Note, all ot ihe trm~s of which Note are incor~wratrd herein hy referen~e as thou~h set torth fully here- ~ in, and of any renewal, extensinn or nirxlifi~ation, thc~r~of :~nd of this AtortR:~Re, then this Atort~;aR~~ and the c~state hemhy z ~•mated shall ~ea~e :~nd terminat~. r _ • AfortRaRor further concenants an~l aRrees with MnrtQaRee as (oUow~: ~ ~ 1- To ~~ay all sums, includin~ interest secumd hereby w~hen due, pr~~vicletl toc in the Note :~nd any renrK~al, extension or mocli(ication thereot and in this 141ortRaRe, all su~•h sums to be payable in law•(ul money of the I?nitc~l St:~tt~s of Am~rii~:i at lbiortRaRee's a(ores:~id prini•ipal office, nr at ~u~•h other place as Mort~:~Kee may desiQnate ~n w~ritinR. _ 2. To pay ahen due, and w-ithout requiring any noti~•e from 111ortgagee, all taxes, assessment~ of any ty{~e or nature ; :~nd other charges le~•iecl or assessed :~gainst the 111ortgaged Property or lhis ltort~age and produce receipts therelor upon ' dt•mand. To immedi:~tely ~~ay and discharge .?ny claim, lien or encumbrance :~gainst the Alortgaged Yro~~erty Khich m~y lx~ or I~ei•ome su~~erior to this 111ort~aRe and to ~~ermit no deL•nilt or delinqueni•y on any other lien, encumhran~-i• or charKe :~K:~inct the AlortgaRM1 Pro~>erty. - 3. If reyuired by A9ortg:~Ree. tr~ :~Iso make monthly deExisits H~ith A1ortRagee, in non-interc•st hearinR a~•count, to- ~ ; gether with and in addition to interrst .ind prin~•i~r~l, ot a sum equai to one-twel(th o( the yearly taxes and asses5ments which 4 may t~e le~•ied against the Mortgaged Property, :~nd lit w reyuired) one-twelfth o( the yearly premiums (or insurance ~ thereon. The amount of such tazes, .~ssessn~ents .~nd premiums, w•hen unknow•n, shall be esiimated by ~torlRaRee. Suc•h ; deFwsits shall I~e useci by hlort~aRee to pay surh taxes, a~tie~ments and premiunLS w~hen due_ Any insuf(iciency of such ~ t Zl'IS ~IS~fMlEllt r112S ~1RQafE4 ~ Robe~t M. lloyd of - ~ " ; f<<I! L GRIFFCi I.F~RIES & LlOYD n Q I24•A tto. 2nd ~treet g~k~ JOp °AGE .l. ; Fcr! P+erce, floriGa ~ ~ _ _ , _ . r~_. _ . . _ ~ _ . . _ : ~v _ _ ~