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~ PS-2619 ~
• , , , ~ ~ ` MORTGACEE: 1
MORTQA~iE DEE~ ~ ~~~g ~ Avao~inancial 3er~vices
of Hollywood, Fla., Ir~c.
123903301 1848 south Fed
~.s~ a~MC rusr irnu~ s~ousc•s MAY[
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Nioholason John J Pamela Ann Nicho~s~~n`~ tuart ~ _ Fb~~~
~ p~~ •M~rt~a~qr@ he~ebY sru?ts, barpins. aui`ns. and conveys unto MQrt~ce. the foUowin~ described ~eal estate in tAe County of
~ L1~01 , State of Florida, to wit~
~ . , ~ ~
Lot 25, Block 172, PORT ST. ZUCIS SECTION 4, according~to ~
~ the plat thereof on file in Plat Book 12 , p~ge 14 of the
public re~ords of St : Lucie Ca~unty, F9.orida.
SUBJECT TO reservations, restrictions, easements and righta
of way of record. -
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• ~TATE ^F ~LC~(~;<": # ' - '
IaOCUMENTARY.-~' S1t,1AF' s j .
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~ AI,SO KNOWN FOR STREET NUbiB$RING PURPOSES AS:
'1149 S. W. Hogan Street
Port St . Lucie , FZ 33452
i n~r~ ther with all buildings and improvemcnts nuw ot hereaftet erected thereon and a!1 screens, shades, stotm sash and blinds, and heating. lightin6, ptumbina.
' .s~. ekctric, ventilating, refriEenting ued air~-pnditioning eyuipment used in connection therewith, all of which, for the purpose of this mortgaae, shall be
i .i:~med fixtures and wbject to thc lien hereof, and the hrreditaments and appurtenances pertainir~ to the property above described, all of which is referted to
hereinafter a~ the "prcmisei'.
~ I O HAYE AND TO HOLD said land and premises. v`ith all the rights, privikges and appurtenances thereto belonging, unto mortgagee and his hein, executoa.
~ i,iministnturs, successors and asxigns. forcver.
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~ V~,rtgagor also assqtns to Mortgagre all rents, iuues and profits oi said premises, rcservina thc ri6ht to rnlkct and use the same. with or without takirg
pu,session of the prcmises, during continuance of default hercunder, and duri~ continuana of wch default authoraing Mottgagee to enter upon said premises
~ ~ndiur colkct u+d enfone the same without rr~ard to adeywcy of any security for the indebtedntu hereby secured by any law(ul means including
appuintment of a teceirer in the name af any puty hereto, and to apply the same kss rnsts and expen~es of operation and mlkction, includirg reasonable
~ .,tte~rney's fees, upon any indebtedneu secured hereby, in wch order ax Mortgagee may determine_ .
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~ ( OR THE PURFOSE OF SECURING: (I) Performance of exh agreement of Mortgagor contained henin; (2) Paymrnt of the principal sum of
S~276 • 6 with interest thereon, as pr ed in accordance with the terms and provisioas of a Promiswry NoteJLoan A6rcement (hereinafter referred to
3. "Promissory Note'~ dated 04~.30~ , having a matunty date of n5
~~7~g4. , and payablc to Mortgagee: (3) The
~ pay ment of any money lhat may be advanced by the Mort~gce to Mortgagor or to third puties whero the amounts ue advanced to protect the secunty or in
~ccordance with the coverants of this Mortgage.
~ 41! payments made by Mortpgor on the obliEation secu~ed by this Mortgase shall be applied in the followin6 order.
f~ IRST:, To the payment of taxes and assessments that ma>• be kvted and assessed aaainst said ptemises, insurana pieraiums, tepain, and all other charaes
3 ,~d expenses agtced to be paid by the Mortgagor.
~ SECOND: To the payment o[ mterest due on said ban.
~ THIRD: To the payment o[ principal.
~ r{) PROTE(T THE SECURITY HERF.OF, MORTGAGOR COVt.rANTS AND AGRF.ES: 11)To krep said premi~es mwred aga~mt fire -rnd surh othCr
, ~.ualties as the MortgaEee may speci(y, up to the fuU value uf all improrements for the protection of Mortda~gee in wch manner. in surh emoum.. aixl in wch
" :~~mF.anies u Mottgagee may ftom time to time approvc, and to keep the poGcies therefot, properly endorxd, on deposit with MortE~re. and that lou
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k pro~eeds (less expeeses of colkctan) shill, at Mortgagee's optan, be applied on said indeAtedness, v?hethet due or not or to the restontion of said
~ irnprorements. In event of bss llfortgagor witl give immedute noGce by mail to the Mortgagee who may malce proof of bas if not mxie promptly by
~t~~rtgagor, and .xh inwrance company concemed is hereby authorized and directed to make payment for such loss dirertly to Mortga~eee inatrad of
~ '~turtgagor. (2) To pay all taxes and special asseuments of any kind that hare becn or may bc kvied or assessed upon said premises, or any part thercof. 13) In
` tt~c rvent of default by Morigagor under Pua6raphs 1 or 2 above. Mortgagee, ai its optan (whether ekcti~ to declue the whok indebtedness secured hercby
d f ue and colkctibk or not), may (a) eftect the inwcance abore prorideJ for and pay the reasonabk premiums and chuges thercfor. (b? pay all said ta~es and {
= ~~Ktcments without determin~n6 the validity thereof, and Ie? pay wch liens and all such disbursements shall be deemed a part of the mdebtedness cecurcd by
~ thn Mort~ta~e and_ shalt be immedutely due and payabk by Mortaagor to !NortEagea 14) To keep the buildings and other improvements now or hereafter
~ rcrted ~n ~tood condition artd rrpair, not to commit or suffer any wa~te or any use of said prem~ses contrary to restriction or recurd or contrary to lars,
~ ~+rJinances or regulations of proper public au4hority, and to permit Mor~gagee to. enter u all rcuomble limes fot the purpose of inspectmg the premise~. not
~ remore or demoGsh aoy buildina thereon: to comPkte within One Hundred Eighty (180) Days or rcstore promptly and in a Eood and aorkmanl~ke manner
~ .,ny building which may be consweted,_damaaed or destroyed thereon and to pay, when due~ all claims for labot petformed and malenal (urn~shed thercfor.
~ i 5 ~ That the time of payment of the indebtedness henby secured, or of any portion thercof, may be extended ur rcnew•ed and any porlans of the prcmises
hercin described may, without notice, be rekaxd from the lien hereof, w•ithout rekasinE or afkcting the personal liabilily of any person or rorporat~on for the
* F~e> ment of said indebtedness or the lien of this insttument upon the tema~nder of said premises for Ihe full amount of said indebtcdneu then remanma
~ unpaid, and no chanae in the ownership of said pcemises shall rekase, rcduce or othetwise affect any wch personal liability on the tien heteby created. 16~
That he is seized af the prcmises in fee simpk and hu good and lawful ri6ht to convey the same: and that he docc hcrcby forever wunnt and wiU forerer
' :iefcnd the titk and posseuion thereof aaainst the lawfut claims ot any and all pcnons whatsoevet.
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