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Home My WebLink About0453 . i ~3~-~3L ~~~~,.~15=~ , j;~ S I I. i,-, . ~ MORTGAGE DEED AND SECURITY AGREEMENT ' ~_),1,.,1 j~ ~ Y l THIS MORTGAGS DF.ED (the Morigage), dated ns ot ~y 2' , 19 79, hy and t?etween Terrence L. Mills and Victoria E. Mills, his ~rife Iherninatte~ called MoHgugor) und Sllri Bank Of $t. Lucie COIIrit}I , hi~ving un o(fi~r nt 111 Orange Avenue, Ft. Pierce, , Florida (heminafter culled I4fortgug~~1; WITNESSE7'H, that i~ conaiderution ot the premises and in order to secure the ~yment of both the principni ot, xnd intereat and any other suma payable o~ the note (:~s hereinafter detined) or thia Mortgnge and the pertormnnce and ob- servnnce ot ail ot the provisiona hereo[ and of sAid note, Mortgugor hereby grnnts, sells, warrunts, Aliens, mmisca, releases, conveys, tisaigns, tmnsters, mortgnges and sets over And contirma unto Mortgagee, all ot Mortqugora estiite, riRht, title and intereat in, to and under nll that certain re:~l pro~~erty situatein St. Lueie County, Floridu more pnrticularly described na foUows: Lots 3 and 4, Block 1, GREEN ACRES, UNIT T[~tEE SUBDIVISION as per Plat thereof on file in Plat Book 16, Page 28, of the Public Records of St. Lucie County, Florida. ~ ~ / . - - - - - _ , , , i3ecewed s ~ ` ~ g In Paymsrn Of Ta~ns' ~T%.Tr _r j-~_'.~ ~ ~ ~ - ~ue On Cless C Intan9ibls Psnonal Prop~tty. 1 ~ _ ~~,~.~'.1:-71F'1 'v . ~ . oursuant To Chaptsr 71. 134. Acts 011871. . - ~ _ = ROGER POITRAS ~ ~C,~ - . _ _ ~•a' _ - ~ I I. 2 J ~ ~ • ~ " C~erA CirCUlt COU~t. SL l.UC1A, Co.. Fi~. - - -i TOGETHER WITH all improvements nuw or hen~:i(ter IOCA~E'(I on s:iid m.~l pro~~erty :~nd all fixtures, ap~?liani•e.. apEk~ratus, equipment, heating and air conditioning equipment, machinery and articles of personal property and replacement thereof (other thnn those owned by les.gees of said real property) now or hereatter aHized to, attached to~ placed u~wn, or used in any way in connection with the complete and comtortable use, occupancy, or oper.~tiofi of s:iid real pro~~erty, :~II (icenses and permits used or mquired in connection with the use o! s:~id real property, all leases o( ~aid real pmF~erty noK• or hemafter entemd into t~nd all right, title and interest of 114ortgagor thereunder, including without limitation, cash or scti•uri- ties deposited thereunder pursuant to ~?id leases, .ind aU rents, issues, proceeds, and profits uccruing irom said rexl proE~erty ~ and together with all pra•eeds of the conversion, voluntary or involuntary of nny of the foreqoing into cash or liquidated claims, including without limitation, proc•eeds ot insurance and condemnation awards (the foreRoinR said real property, tangible and intangible personal property hereinafter re(erred to as the Mortgaged Pro~~erty). 11ortRagor hereby Rr.~nf~ to biortgagee a sc~•urity interest in the foregoinR descrihecl tangible and intangible ~>ersonal property. _ TO HAVE AND TO HOLD the Mortgaged Pro~~erty, together with .+II and singular the tenements, hereclitaments :ind appurten:inces thereunto belonging or in anywise a~~~~ert~ining and the rev`ersion and reversions thereof and all the estate, riRht, title, interest, homestead, dower and right of dov?•er, separote estate, possession, claim ~ind demand whatsr?ever, as ~nrll in law as in equity, of 111ort~agor and unto the s:ime, and every part thereof, with the :~ppurtenances of A1ortRaRor in and to the same, and every ~~:~rt and {~:in•el themuf unto AlortgaRee. MortRagor warrants that it has a good and marketable title to :~n indefeasihle fee estate in the 2liort~aRc•cl Ym~,rrty subjec•t to no lien, charRe or encumbr.ince except such as Alortgagec h.~s agreed to ac•cept in w~riting and \4ortRagor co~~en:~nts € that this Mortgage is and K•ill remain a~~~~lid and entorceable tirst mortgage on the A'lortg~+ged Pro~~erty subject only to the ; exeeplions herein provided. A1ort~agor h:is full ~ww•er and lawtul authority to mort~age the MortRaRed Pro~xrty in the manner :~nd (orm herein done or intended hereaRer to F?e done. Mort~agor will presen~e such tiNe and will tore~•er warrant ~ and detend the same to ?4lort~aRee and will fore~-er warrant and defend the ~~alidity :~nd priority of Ihe lien hermf aRainst the ctaims of all persons and ~karties whomsoe~•er. - € 1liortR:rgor will, a! the cost ot Mortgagor, and without expense to Mortgagee, do, execute, acknowledRe and deli~•er all and every• such further acts, deeds, con~~eyances, mort~aRes, cicsiQnments, notices ot :~ssiRnment, tr.~ns(ers and assurances as ~ Mortg:~Ree shall fmm time to time mquire in order tn pre;en~e the priority of the lien of this htortRa~e or to facilitate th~ . g ~~erformance ot the terms herc~t. ~ PROVIDF.D, HOWEVER, that if 1~1ortRaKor shall ~r.~y to 111ortK:~~~~ the indcbtedne~5 in the principal sum o( ~ g 7,438.07 :~g e~•idenced by that certain promissory note (the Note), of even date herew~ith, exee•ut~ b~~ > :~tortRaRor und ~kiy:~ble to order ot ~tortR:~Ree, ~•ith interc•st :ind upon the terms :~'s providt~d therein, and together w•ilh al~ ~ other sums ad~•ancecl by :ltortR:~Kee to or on behalf of Mort~.i~or ~~ursuant to the Note or this 1~tortKa~e, thc final maturity dnte of the Note and this MortgaRe I?eing ~Y 6, 1983 , and sh:~ll ~~eeform all other co~•enants :~nd ~ conditions ot the Note, all of the terms of w•hich I\ote are ~ncor~>orated herein by refemnce as thouRh set forth fully here- ~ in, and of any renewal, extension or mrxlification, thereof :~nd of this Mort~aRe, then this 111or1RaRe :ind the estate ht~reby r ~•reated shall ~~ease and terminate. ~ a !~1ortR:~Ror further ~'~>m•en:~nts nn~1 a~rc~ w•ith :~lortga~c~c~ as (ollows: ~ I. 'I'o p:~y all sums, ini•luding interest sc~•urecl hereby when due, as pro~•ided (or in the lVote and any mnewal, extension ~ ur m~litication thereo( and in this MorlKaRe, all Ruc•h sums to t?e payabte in l.~wful mnney of the Unilc~l Statt~ of America :~t ATortQa~ee A af~im~:~id princ•iF~al offii•e, or at sui•h ofher pl~ce as MortRaREe m:~y desiQn:ite in writinR. ~ x 'l. To {wy when doe, and without rc~c~uiring any notice from 11ort~agee, all taxes, assessments of any ty~ie or n:~tum - and other charKex levied or asse.ved :~Ka~nst the Mortgaged Yro{?erty or this 6'IortgaKe .~nd pr~u~•e receipts there(or u~wn ' dem:uid. 'I'o immecli.itely pay and disch:~rRe any claim, lien or ene•umbrance aRain.t the Morlqa~ed Yro~?erty whii•h may tx~ or l~c:i•ome su~~erior to this 111ortR:~Ke :~nd to ~~ermit no dela~dt or delinqueni•y on :im~ other lien, encumbran~•e or ~•harR~• a?;:~in~t the A1ortR:~Q~1 YroE~erty. ' 3.- If r+eryuirecl hy ;~tortKaQt~~, to :Jso make munthly de~x~sifs w•ith illort~aRee, in a non-inten~st t~earin~ ai•count, tu- ~ Keiher with :md in addition to inferest and principal, of a sum equal to one-twelfth of the yearly taxes and asse~.aments which m:iy 1?e levied :~Rainst the 11'IortQ:~Red Ymperty, and (if w~ reyuired) one-twelfth of the yearly premiums for insur:~nr[~ therc~~n. 'I'he :~mount of such taxes, as,4essments :~nd pmmiums, when unkno~+~n, shall F?e Ewtimated by biortRaQee. Sui•h - de~N~sits shall he useci try A1ortRa~ee to pay such taxeK, :ictic:ssments and premiums µ•hen due. Any ingufficiPncy of su~•h ~ ~ ~ -1- ~Ju 453 ~ q . , _ . - ~ ~ _ ~ r.,.. . _ ~ ~ ~