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MORTGAGE DEED
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THIS MORTGAGE, executed this . day of G~-~ A.D., 19.79.., by
MA~t PAPA unl?arried v
hereinafter called the Mortgagor, which term shall include singular or plurnl, corporation or individual, and either sex.
and shall include the heirs, legal representatives, successors and assigns of the I?lortgagor, to .
AMERICAN BANK OF MARTIN COUNTY,
a State b~rrking rnrporation organised and existing under the laws of Florida with its principal place of business in
Martin County, Florida, hereinafter called the Mortgagee, which term shall include the successors and assigns o[ the
said Mortgagee.
WITNESSETH THAT, WHEREAS, the Mortgagor has received a loan from the Mortgagee and is justly indebted
to the Mortgagee, which indebtedness is hereby acknowledged and is evidenced by a certain promissory note, a copy of
which has been marked "Exhibit A" and attached hereto and the provisions of said note are by reference made a part of
this instrument. ;
NOW THIS MORTGAGE WITNESSETH, that the said Mortgagor for the better securing of the several
sums of money mentioned in the raid note does hereby grant, bargain, sell, alien, remise, release. convey and confirm
unto the said Mortgagee. in [ee simple forever, the following described land, of which said Mortgagor is now seized and ,
possessed and in actual posaeaai~otn~ &
situate, lying and being in. ..........County, State of Florida, and more particularly described as [ollows:
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In Martin Oauity, Florida:
Iat 8, Block 23, Section Three, fIIBISQJS PAI~[t SUHDIVISICN,
awarding to the Plat thereof reoal:~ded in Plat Book 3 , Page
53, Public F~eoox+ds of Martin O~urlty, Flarida.
In St. I~lcie Oounty, Flori,d,a:
• Iots 20 and 21, Block 2, as shown orl the Plat of S'tuiland 7bb ttt:trurr,~M was prepalcd by
Gardens, recorded in Plat Hock 8, page 32, of the Public CHICAGO TITLE 1N5. CO,
Iaeoorc3s of St. Titicie County, Floarida. Jeanne B. 1llilla, i
lot EAST oc~?IV Bou~EVARD
P. O. BOX 2295 -
STUART. FLORIDA 33494 '
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TOGETHER WITH all and singular the tenements, heriditaments and appurtenances thereunto belonging or in
II any wise appertaining and all structures and improvements now and hereafter on said land and all fiztures attached
thereto, together with all rents, issues and profile aceruing from said premises and all gas, steam, electric, water, plumb-
ing, lighting, ventilating, heating and cooling systems, which now are or may be in or on said premises though they
be detached or detachable, including but not limited to all refrigerators, stoves, ovens, appliances and carpets and all
additions, replacements and increase thereof hereafter acquired or located on the said premises, and all attachments
and parts thereof, and any additions, extensions or betterments of, in or to the buildings now or hereafter erected on
the said premises.
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3 TO HAVE AND TO HOLD the above granted premises, with the appurtenances unto the said Mortgagee, in tee
' simple forever.
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AND the said Mortgagor hereby covenants and agrees with the said Mortgagee as lollows:
~ 1. That the Mortgagor is lawfully seized of the above described premises in fee simple and has good right to sell and
convey the same to the Mortgagee; that the said premises are tree and discharged of and from all taxes, tax titles or
certificates, judgments, mechanics' liens and encumbrances of any nature or kind whatsoever and that the Mortgagor
will fully warrant and defend the same to the Mortgagee, against the lawful claims and demands of all persons whom-
soever, and will make such further assurances to perfect fee simple title to said land, in the Mortgagee, as may reason-
ably berequired, and will pay the several sums of money agreed in the said note to be paid and all installments of prin-
cipal and interest thereon promptly when due, and according to the true tenor and effect of the said note.
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r 2. That the Mortgagor will pay all and singular the fazes, assessments, levies, and encumbrances of every nature on
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~ the above described property, and upon this mortgage and note, or the money secured thereby, before delinquency thereof
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and receipts evidencing payment of said taxes, assessments, levies and encumbrances shall be deposited with the Mort-
gagee on or before March 1st of each succeeding year during the term of this mortgage; and if same be not promptly
= paid when due, the Mortgagee may (without obligation to do so) pay the same, or become purchaser of any lawful evi-
dence thereof, or certificate therefor, without waiving or affecting any right hereunder and in this mortgage, or the said
note which this mortgage secures; and such payments or expenditures so made shall bear interest from the date thereof
r at the highest legal rate.
3. That the Mortgagor will keep all real and personal property now or" hereafter encumbered by the lien of this
mortgage insured as may be required from time to time by the Mortgagee against loss by Ere, windstorm and other f
hazards, casualties and contingencies for such periods and for not leas than such amounts as may be required by the
Mortgagee and to pay promptly when due all premiums for such insurance, The amounts of such insurance required by
~ the Mortgagee are ezpressive of only the minimum amounts for which said insurance shall be written and it shall be
incumbent upon the Mortgagor to maintain such additional insurance as may be necessary to meet and comply fully with
all co-insurance requirements contained in said policies to the end that said Mortgagor is not a co-insuror thereunder.
a Insurance shall be written by a company or companies approved by the Mortgagee and all policies and renewals thereof ~
shall be held by the Mortgagee. All detailed designations by the Mortgagor which are accepted by the Mortgagee and -
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