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HomeMy WebLinkAbout2809 ' ~ MORTGAGEE: ~ ~ MORTOAOE GEED 444~ii3~ ; vc~ .^i nnnri nl .^.r~rvi w=~~ mot' Fiol1~Q~,~ FT,~„~ Tne .'x1.0225 t t.3. M/Y[ ~IA,i IYIiIAI ffOYf[ • K•Y! ~i~S~L.,.y~ •~P~Plifrl i~r - :'oss Ronald Edgar Joan "fit Pierce _-~'V9 .Florida That Mortsptor hereby =amts. busains. rutigns. and conveys unto MortpUee, the foUowirt6 described real -estate in the County of St. Lucie ,State o[ Florida, to wit: Lots 2 3 ?lock z4~ Unit 3, Lar_©;lood P~z'~=~ St• Lucie rounty~ Florida as per plat on file in Plat Poo!: 10~ Pale -~3 and G!+ of the public records of St[Lucie Count;~~ ^lorida~ to8ether with s7.1 inprovenents thereon. i ' lso 'rsnoun for street nunberin;; rt~ri ores ^.s: 8x04 C;rpress Rd. _ - i R.~Ntnsd • ~s .5 g` pt, pi orce ~ FL 33~+50 .I^ ant Of Tsx~s . Due On Clsss "C•• Intanp~ls Personal Property, _ t'ursusnt To Chapter 71, 134, /tots Oi 1871. _ s' r. s r ROGER HOITRAS 9 oz I l Clerlr Circuit Court, $t, Lucas, CO., Fla. z f~ :I! t 4. i , f ' ~ ~ - ~ s 4 s r t OO ' O w ; 2 togrthrr with all bu deer crested thereon and all screens, shades, storm sash and blinds, and heating, lighting, plumbing, ee., electric, ventib o ~ ~ equipment used in connection therewith, all of which, for the purpose of this mortgsge, shall be ~.i<<med fixtures arrr• :dilaments and appurtenances pertaining to the property above described, all of which,is referred to herrlnaftcr as the ~ I U HAVE AND TC ~ ~ I the rights, privileges and appurtenances thereto belonging. unto mortgages and his heirs, executors. ~Jrnrnistrators, wm ' E Mortgagor alw assigns to Mortgagee all rents, .ssui.s~ profits of said premises, reserving the right to colkct and use the same, with or without taking ~ P,~.session of the premises, during continuance of default hereunder, and during continuance of wch default authorizing Mortgagee to enter upon said premises endur colkct and enforrr the same without regard to adequacy of any security for the indebtedness hereby secured by any lawful means including appointment of a receiver in the name of any party hereto, and to apply the same less costs and expenses of operation and solkction, including reasonable attorney's less, upon any indebtedness secured hereby, in wch order as Mortgagee may determine. 1 OR THE PURPOSE OF SECURING: (1) Performance of each agreement of Mortgagor contained herein; (2) Payment of the principal sum of j S ~tiz~•30 with interest, as provided in accordance with the terms and provisions of a Promissory Note/Loan Agreement (hereinafter referred to as "Promissory Note's dated 5~3"~ ,maturity date ~~-5~~~ .and payable to Mortgagee, to which Promissory Note reference is hereby made. (3) The payment of any money that may be advanced by the Mortgagee to Mortgagor for any reason or to third partks where the emuunts ate advanced to protect the security or 1n accordance with the covenants of this Mortgage. 9 F Ail payments nude by Mortgagor on the obliption secured by this Mortgage shall be applied in tyre following order: f=1RST: To the payment of taxes and assessments that may be kvkd and assessed against said premises, insurana premiums, repairs, and all other charges end expenses agreed to be paid by the Mortgagor. ~ SECOND: To the payment of interest due on aid loan- THIRD: To the payment of principal. 1 t ~ PROTECT THk: SECURITY HEREOF, MORTGAGOR CQVLNANTS AND AGREk:S: ! 1? To keep said premiers inwred against fire and such other t , .LUalties as the Mortgagee may spccify, up to the -full value of all improvements for the protection of Mortgagee in such manna. in such amounh. and in wch .~~mpanles as Mortgagee may from time to lime approve, and to kscp the polrciss therefor, properly endorsed, on deposit with Mortgagee. and That tau ,~nrcreds (less expenses of colkctwn) shall, at Mortgagee's opton, be applied on said indebtedness, whether due or not or to the restoration of sad Improvements. In event of bss Mortgagor wiU give immediate notice by mail to the Mortgagee who may make proof of loss if not made promptly by Mortgagor, and .ash insurance company concerned is hereby authorized and directed to make payment for such loss directly to Mortgagee instead of Mortgagor. (2) To pay aU taxes and special assessments of any kind that have been or may be levied or assessed upon said premises, or any part thereof. 13) In tltc event of default by Mortgagor under Paragraphs 1 or 2 above, Mortgagee, at its option (whether electing to declare the whole indebtedness secured hereby foe and collectible or not), may (a) effect the urwrarrce above provided for and pay the reasonable premiums and charges therefor, (b) pay all said taxes and assessments without determining the validity thereof, and Ic) pay wch liens and all such disbursements shall be deemed a part of the indebtedness secured by thu Mortgage and shall be immediately due and payable by Mortgagor to Mortgagee. 11) To keep the buildings and other improvements now or hereafter ~•tected in good condition and repair, not to commit or wffer any waste or any use of said premises contrary to restriction or record or contrary to Taws, ,~r~iinances or regulations of proper public authority, and to permit Mortgagee to enter at all reasonable times for the purpose of inspecting the premises, not i to remove or demolish any building thereon: to complete within One Hundred Eighty 11801 Days or restore promptly and in a good and workmanlike manner ` any building which may be constructed. damaged or destroyed thereon and to pay, when due, all claims for labor performed and material furnished therefor. ~ ~ ~ t That the time of payment of the indebtedness hereby secured, or of any portion thereof, may be extended or renewed and any portions of the premises ~eretn described may. without rwtice, bt released from the lien hereof, without releasing or affecting the personal liability of any person or corporation for the l~a}nxnt of said indebtedness or the lien of this instrument upon the remainder of said premises for the full amount of said rndebtedness then remaining • unpaid, and no change in the ownership of said premises shall release, reduce or otherwise affect any such personal liability on the lien hereby created. 16) hat he is seized of the premises in fee simple and has good and lawful rt~ght to convey the same: and that he does hereby forever warrant and will forever defend the title and possession thereof against the lawful claims of any and all persons whatsoever. 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