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Home My WebLink About2825 ~~~b~`5 MORTGAGEE: I / MORTOAOE DEED ~ Arco Financial Services of Hollyuood~, /~FL., In~cp. ~ . ?11 MAM[ •ItalT tMl tlt•l •~OYfr~1 M~Mr 2502 Fbfleral Hwy L Testa Sr Gloria Ft. Pierce , Flurjda I het Mort~or hereby jrttnts, Darpins, assigns, and conveys unto Mortgagee, the folbwing describxd rest estate in the ('ounty of 3t. Lucia ,State of Florida, to wit: Lot 2 ffiock 7 Green Acres IInit 3 According to the Plat thereof Recorded in Plat Book 16 Page 28 of Public Becorda of St. Iuaie County. `~3. (c? Received s In PtaYnwftt Ot Tttxts Ouw On Cla>.s "C" Ir?tenQlbbl~tslPfOpN1y. ou~s,rant To Chapter 71.134, Acts OI 19y1. Also known for street nul~bering purpoaea ass ROGER POITRAS 9-~~ 202 Melieeet Lane l'tP'` rrrcurt Court, St. l_ucis, Co., Flta. Ft. Pierce, 1rZ 33454 _ c - - 1 boo W~ ~q i o°'~~ r sac W~ ~q W~ r ~ y: ~ ro . - i~~J j . y~ ~ :°r' ` y~~~ b°v W~'q~ 'f ° W „ y..,r i 2. ~ <<~prOr R, i a t ~ ~ t t _ - } _ -a +i p W ( W ~ - - ° W r • - ti ~ ' fl ~ r 'r S~Cn',O _F <6 q,Lr '~Op,G f r 6 . 4 a~ th.r with all bu?klings and impwvrmrnh now or hereafter erected thereon and all screens, shades, storm sash and blinds, and heating, lighting, plumbing, , k.tnc, vent?laung, refrigerating and au-rundiuomng ryuipmrnt used in connection therewith, all of which, for the purpox of this mor(gage, shall be i_~ n~rJ fixtures and subject to the lien hereof, and the hrreditamrnts and appurtenances pertaining to the property above deuribed, all of which js referreA to t,: rcurafter as the "premises'". 1 t ~ N3~'f ANb TO HOLD said IanJ and premix s. wtlh all the rights, pnvikgrs and appurtrnancrc thereto belonging, unto mortgagee and his heirs, executors, ~ i~rumstratun, succeswn and assigm. forever. i st.,rt~egur alw assigns to Mortgagee all rents, owes and profits of said prcmixs, reserving the rght to collect and use the sane, with ur without taking ~,,.esrun of the prenuxs. during cuntinuancr of default herrundrr. and during continuance of such defau4 authorizing Mortgagee to enter upon said prcmixs ~ ~n i ,~r collect and enforce the same without reguJ to adryuacy of any xrurity for the indebtedness hereby xcured by any lawful means including I p:,intmrnt of a receiver in the nutty of any party hereto, end to apply the same less costs and exprnxs of operation and collection, including reawnable ~ err„rnry's lets, upon any mdrbtrdness secured hereby, in wch order ac Mortgagee may determine. i S t rFt TILE. PURPOSE OF~ SECURING: 11) Performance of each agreement of Mortgagor contained herein; 121 Payment of the principal sum of i i t 1 ) with interest as rovided in accordance with the terms and rovisions of a Promissory Note/t.oan Ageement (hereinafter referred to as Pn,rniswry Note'? dated - ,maturity date 5"2~ .and payable to Mortgagee, to which Promissory Note ~ r~;~rcnce is hereby made. (3) The payment of any money that easy be advanced by the Mortgagee to Mortgagor for any reawn ur to third parties whrn the ~ :;n:,unts are advanced to protect the security or in accordance with the covenants of this Mortgage. ~ ;payments made by Mortgagor on the ub6gation xcured by this Mortgage shall be applied in the following order. I IRST: 'fo the payment of taxes and assessments that may be kvled and asxsxd against said prcmixs, msuranre premiums, repairs, and all other charges n:~.1 ~ sprnxs agreed to be paid by the Mortgagor. t tiLCOND: To the payment of interest due on sod loan. E IHIRU: To the payment of principal. 'r i n NKO11`.(T THE SI{('URITY HFRF:OP, MORTGAGOR ('O~'t.tiANTS AtiU AGRf l S~ I I) fo krrp said prrnuses mwred aKarnst fire anJ wch other .~,altirs as the Mortgagee may specify, up to the full valor of all improvements for the protrctiun of Mortgagee m wch manner, in w.h amount.. aoJ m such ni+aniat a. Mortgagee may from time to time approve, and to krrp the prnc~irs therrfur, properly endorsed. un Jrpovt wuh Mortgagee. and that luu r ~,ccds Ilea exprnxs of coUecliunl shall, at Mortgagee's option, be applied un utd indebtedness, whether due or nut nr to the re+tontiun of said f,r~,~rrnrnts In event of loss Mortgagor will girt immediate notice by mail le the !1lortgagrr who may make priK~f of lus+ if not made promptly by . ~!,vtKagur, and uch inwrancr company concerned is hereby authorised and duectrd to make payment fur sus•h loss duectly to Mortgagee instead ul ~1•~rtKagur. (2)To pay all taxes and special asseumrnts of any kind that have hero or may tx levied ur asxsxd upon said prcmixs. or any part thereof f311n event of deiault by Mortgagor under Puagraphs 1 ur 2 above. Murlgagre, at its option (whether electing to declue the whole indeblydness xcured hereby and coUectibk ur not), may la) effect the inwrancr about provided for and pay the reawnabk premiums and charges therefor. Ib) pay all said taxes and .~mrnts without determining the validity thereof, and tc) pay such lirm and all such dwburxments shall be deemed a part of the indebtedness xcured by Mortgage and shall be immediately due and payable by Mortgagor to Mortgagee. 141 To keep the buildings and other improvrmrnts now or hereafter i • r~ -.red in go~xt condition and repair, not to comma ur suffer any waste or any use of said prem?src contrary to restriction or record or contrary to laws, .r t,nances ur regulations of proper public authority, and to permit Mortgagee to enter at all reasonable times for the purpose of impecting the prcmixs, not ~ ~ rrnurs•c nr drmubsh any buiWmg thereon: to complete within One Hundred t ighp t IR0? Uays or restore promptly and in a gaud and workmanlike manner ~ ~,.nlding which may be constructed, damaged or destroyed thereon and to pay. whin due, all claims fur labor performed and material furmchrd Therefor. i i hat the time of payment of the indebtedness hereby xcured, or of any portion thereof, may fir extended or renewed and any portions of the premrxs ~ n•+~} described may, without notice, be rekaxd from the lien hereof, without rekawng ur affecting the oerwnal 6abihty of any person or curporatiun fur the ,.meat of said indebtedneu or the lien of this instrument upon the rrmaindcr of said prcmixs fur the full amount of said indebtedness then remamng peiJ, and no change in the ownership of said premises shall release, reduce or otherwix affect any such perwnal lubihq• on the lien hereby created. 161 1 iut hr is seized of the premises in fee simple and has good aid lawful right to convey the same: and that he does hereby forever wurant and wdl forever t<irnd the title and possession thereof against the lawful claims of any and all perwns whatscxver. 3"Gtl . '3U8 'else 2825 CV-0.76 'J~EV 7-7a) FL 5 - c ~.~>k~rS-~.=~ sit _