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HomeMy WebLinkAbout0494 . ~ ~~-~31t~5 . - t~. MORTGAGE DEED AND SECURITY AGREEMENT THIS MORTGAGF DF.~D (the Mortguge), a,~~~d ~e ot _ APril 30 ig 79 hy ;ind I~etween Stanislaw Dobosz and Danuta~Dobosz, his wife (herninuiter c:illcd MortRugur) u~d SUN B~iK ~F ST. LUCIF OOUM'Y otfice:~t ~ort Pierce , , Florid.~ (hereinafter culled hlurtR:igee); WITNESSE7'H, thnt in conaiderution ot the premisea nnd in order to secure the ~x~yment o[ both the princi~~a~l of, an~i inteoeat nnd any other sums Ex~yuble on the note (as herninntter defined) or thia Mortgi~ge nnd the per(orm:ince und ob- servnnce of all of the provisions hereqf ~nd of said note, hiortgngor hereby grtints, sells, warrants, aliens, mmises, relea~s, conveya, ~igna, transfers, mortgages and seta over and contitms unto Mortgagee, ~11 of MoHgagor a estate, riRht, tiNe und interest in, to and under ull that certt?in reiil pm{~erty situt~te in St ~.l.1Cle t'ounly, Floridz~ more ~Kirlicularl~~ descrihed ns (ollows: --t Y Lot 14, Block 90, SOUIH P01ZT ST, LiICIE, UNIT FIVE, according to the Plat thereof, as recorded in Plat Book 14, Page 12, of the Public Records of St. Lucie County, Florida. ~ ~ Subject to conditions, restrictions, reservations, limitations, and , ~ t. easements of record, zoning and other regulatory ordinances. . ,t i . /G~~I ~ . Recr..~~ S ~L~L i11 Paym~nt Of Tw~ T T- ~ Due On Cla~s "C' N~M~1~ ~M~MI~! ~N/~1~ ~ ~ Pwwant To ChM~r 71.1i~,A~011q1~. Il00iA liOAM~ Xt~ . _ . V a..crw~c.~ ~.r.o~.N. r . 'I'OGETHER WITH all improvements now or hen•:ifter loc•ated on s:~id mal pro~~erty and .~l) tixtures, :~pplianc.~., :1~~)1r1IUS, equipment, heating and air conditioning equipment, machinery and ~rticles of personal property and rnplacement thereof (other than those owned by les.gees of said real property) now or hematter aif(ixed to, attached to, placeci upon, or used in any way in connection with the compiete and comfottable use, occu~hini•y, or operation of said real pro~~erty, all lirenses and permits used or reqnired in connectio~ with the use of said real property, all leases of s:iid mal pro~mrty now or hematter entered into and all right, title and interest of 111ort~agor thern~nder, including without limitation, cash or u~•uri- tic~ de~wsited thereunder pursuant to said leases, :~nd ali rents, issues, proceeds, and profit4 accruing from s:iid real pro~~erty :~nd together with all proceeda of the com~ersion, voluntary or involunt:~ry of any o( the foregoinR ioto rash or liquid:~teci ~•I~iims, including without limitation, proceeds oJ insurance and condemnation awards (the foreRoing s:ijd real propecty, tangible and intanRible personal pro~~erty hereinafter reterred to as the Mortgaged Yroi~erty). 2liort~a~or hereby Kranis to MortR.~Ree a security intereat in the loregoing desivibecl tanRible ~nd intanRible ~xrson.i) pro~x•rty_ 'CO HAVE AND 7'Q HOI.D the 11'[ortgaged Yro~~erty, together with all :ind singular the trnements, hercditaments :~nd a~ipurtenances thereunto helonKinR or in anyw•i~e ap~x rtaining and the re~•ersion and reversions thereof and :iU lhe estatc•, ri~ht, titie, interest, homestead, dower and right of dower, s~par.~te estate, ~~ossession, claim ~nd demand wh:risce~~er, as well in I:~w in equify, of htortgagor and unto the s:~me, ahd e~~ery ~u~rt thereof, with.the appurten.in~•es ot MortRaKor in :~nd b Ihe s:~mE:, and e~~ery part and ~~:~nr) thereot unto \7ortgaRee. Aiortgagor warranfs th:~t it has a good and marketable title to an indefe:isible (t~r t~tate in the~;4lortKaRcYI Nm~~rty j subject to no lien, c•harKe orencumbrance except such as 111ortK,iKee• has aRreed to ac~•ept in writinR and MortR:~gor cu~•enants ! that this 141origaKe is and ~+ill rem:iin a valid and en(or~•eable first mortK.iRe on the RiortgaRed Pro~~erty subject only to the • i exceptions herein pro~~idecl. MortgaRor has full ~x,w~~r and law•ful authority to mort~aRe the MortRaRecf Ym~~ert~ in thiY'- ! manner :~nd form hemin done or intended hereafter to be done. ~11ortQ:~Ror will preser~-e suc•h title and will tore~~er w~:~rr:~nt ; and defend the s~~me to MortR:~~ee and w~ill fom~•er w:~rrant :~nd defPnd th~ validih• :~nd pri~ritv o~ the lien hPr~( aRainst _ ; the claims of all ~~ersons and parties whomsoever_ ~ MortRagor will, at the cost of 1~lortgagor, and without exE~ense to MortRagee, do, ezecute, acknowledQe and deliver all ; :md e~•ery such further acts, deecls, com•eyances, moH~aRes, assiRnments, notices of assiQnment, transfers ;~nd assunnces as e Morfg:~gee shall (rom time to time rc~uire in order to~preserve the priority of the lien af this A1ortRaRe or to (acilitate the ~ ~~erformance o( the terms hereof. ~ ~ PROVIDED, HOWEVER, th.et if illortKaKor shall pay to A1ortRa~;~~c• the indebtedness in the principal sum o( = g 3}9~4•92 as evidenced by that certain promis~ory note Ithe Note), of even dute herewith, execute~l by ~ Alortgagor and pay:ible to order of MortRagee, w•ith interest and u~x~n the tenns as pmeided therein, and together with :ill ~ other sums .~dv:inced by AfortgaRee to or.on I~ehalf of 141ort i or pursu:~nt to the Note or this Mortg<~Re, the final maturity g daie of the Note and this 1liortgaRe heinQ ~v 30, I9~~ ,,~nd shall pertorm all other ~•o~•en:~nts .~nd ` ~'unditions of the 1~ote, a11 of the tem~,§ ot whi~•h Note :~re incoryx~r.~tc-d herein I~v reterence as thouKh set forth fullv herr- < in, and of any renewal, extension or m~ifi~•ation, thercrot and of this MortRaRe, ihen this ]~torl~age and the estate hc~reh~~ ' ~•reaied shall ceast: and terminate. • ~ ~ s :4tortK:i~or further ~•om-en.~nts :~nd agrees with Atort~:~~ee as (oII~~H:c: K = 1. To ~h,y a11 sums, in~~luding interest ~•ured hereby when due, a~c provid~~ for in Ihe IVote ~nd anv renewal, extension ? or modification thereof and in this A1ortAa~e. all such sums to tie payahle in lawfut money of the LJnited States of Ameri~:~ at Mort,~aRee 4 a(ore~:~id prini•ipal o((i~•e, or at ~u~•h other pl:iCQ as hlort~aKee mny desiQnate in writin~. 2. To pay when due, and without requirinR any notice (mm AlortR:~~ee, ;ill taxes, :issessments of any ty~~e or natum ' and other charRes tevied or axRessed aguinst lhe MortgaRed Pro~~erty or this hfortRage and produce receiptR therefor u~wn { dem.~nd. To immediately pay and discharRe ainy claim, lien or encumbr.inc~e :i~ainst the Mort¢aRed Pro~~erty ahich may Ix~ or 1~cume su~~erior to this btortR:iKe and to ~~ermit no def:u~lt or delinquem~y on nm• other lien, encumbran~•e or cha~Kr~ :if;:~invt the MortRa~ed Yro~mrty. ~ - 3. If requirecf by MnriRa~c~, to alw? make munthly deFx~sits with MortQaRee, in :i non-interest t?e;~rin~ ac~count, to- ~ Rether w•ith and in addition b interest and principal, of a sum equal to one-twel(th of the yearly taxes and assesvments whi~•h ~ ' may he levieci ~Qainst the MortRaQed Property, and lit so required) one-twel(th of the yearly premiums tor insur.~nce n thereon. The amount of such taxes, ,~s.gessments and premiums, when unknoN•n, shall Fx~ estimated by L1ortRaRee. Such de~N~xits sh~ll hp u.~l by Morf~aReP to pay su~h taxes, ac.~~,.~ments and premiums when due~. Any insufficiencv ot such 3 d $ ~ ~ gOGK ~OQ oltGf ~a~'3 ~ ~ ~ ,:a ; ~ ~ y - ~ ~ Y"~~~~~~ : ~ 3.w. ~L _F~ i Yx.'~`~.~' ~