HomeMy WebLinkAbout2301 4~~~0 MORTGAGEE: ~ /
MORT~iAOE DEEn e.r~.~ nanci 9e,~trl yea of
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544023?9 2502 S. I~deral Hwy
1 f NAY[ •1111T IMITI~I l~OU![`! MAM[
~ . Thomas Charles B Joy J. Pierce ,Florida
1 hat Mortgagor hereby grants, bargains, assigns, and conveys unto Mortgagee, the following described real estate in the County of
St. Lu^ a ,State of Fbrida, to wit:.
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Lot 42, Block 2?, INDIAN RIVER ESTATES IINIT 7~ as ~ a _wi:
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pea' plat thereof recorded in Flat Book 10~ Page ?5 ~ ~
. plbF 1
of the Public Records of St. Lucie County Florida ~ /
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Received A ~ A ~ l) / In Psllment Ot Taxes ~ ~ ~ r /
Q'D 6boT'.ti.°. d
Due On Cleu C Intsrpible Personal Property.
Pursuant To CAtlmtar 71.134. Acts Of 1971. I ~
ROGER POITRAS °:J ~i~ . ~ -
_ (pp~0
Clertt Circuit Cou?L St. tuci~. Co.. FIB.
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O° W(
O.. 94.
Also known for street numbering purposes as:
4?09 Seagrape Dr /
gt. Pierce, FL 33450 `°°'°r s
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t. ;her with all buildings and improvrmrnts now or hereafter rrcrtcd thereon and all screens, shades, storm sash and blinds, and heating. lighting, plumbing,
electric, ventilating, refrigerating and air-conditioning eyutpment used in connection therewith, all of which, for the purpose of this mortgage, shall be
~ mad fi>.tures and subject to the hen hereof, and the hrreditaments and appurtenances pertaining to the property above described, all of which is referred to
is-: r, lnaftrr as the "premises".
€ I t ~ H -~VF AND TO HOLD said land and premises, with all the tights, privileges and appurtenances thereto belonging. unto mortgagee and his heirs, executor.
_.i;nmrstrawrs, wccrssors and assigns. forever.
~ ~1~vrgagor alw assigns to Mortgagee all rrnh. iswrs and profits of said premixs, resemng the right to collect and use the same, with or without taking
~.,~»iun of the premix s, doting cuntinuancr of default hrreuader, and during continuance of wch default authorizing Mortgagee to enter upon said premises
r:.i ur collect and rnfurcr the same without regard to adequacy of any security for the indebtedness hereby secured by any lawful means including
~,,p•untmrnt of a reccivrr in the name of any party hereto, and to apply the same less costs and expenses of operation and collection, including reasonable
~~e~lrnry's lets. upon any indebtedness xwrtd hrrcby. in wch order as Mortgagee may determine.
(~)f~ yRPOSE OF SECURING: (I) Performance of each agreement of Mortgagor contained herein: (2) Payment of the principal win of
y2~~•~~ with interest as rovided in accordance with the term and rorrsrons of a Promissory Note/Loan Agreement (hereinafter referred to as
`Promissory Note's dated ,maturity date .and payable to Mortgagee, to which Promissory Note
rrfrrence is hereby made, (3) The payment of any money that tiny be advanced by the Mortgagee to Mortgagor for any reason or to thud parties where the
;:mounts are advanced to protect the security or in accordance with the covenants of this Mortgage.
;!I payments made by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order:
F IRST: To the payment of taxes and assessments that may be kvled and assessed against said premises, insurance premiums. repairs, and all other charges
,~,,i expenses agreed to be paid by the Mortgagor.
Sf.COND: To the payment of interest due on said loan.
THIRD: To the payment of ptincipal-
a I~~ F`ROiF.(T THE SECURITY HF.RF,OI~, MORTGAGOR COVLNANTS AND AGREES: 11?To keep said premixs insured agam+t fist and such other
.eltrrs as the Mortgagee may specify, up to the full valor of all improvements for the protection of Mortgagor m such manner. in wch arnuunh, and in wch
•mpanirs as Mortgagee may from time to time approve, and to krrp the politics therefor, properly endorsed, on deposit with Mortgagor. end that loss
t ; r •,erds Ilea expenses of co0ection) shall. at Mortgagee's option. be applied on said indebtedness, whether due or not or to the rrstonlion of said
r ;~rlvrments. In event of loss Mortgagor will give immediate notice by mail to the !lforigagre who may make proof of loss if not made promptly by
',t •r!ergur, and ;ach instuaner company roncernrd is hereby authorized and directed to make payment for such loss directly to Mortgagee instead of
`.l,•rteagor. 12) To pay all taxes and special assessments of any kind that have been or may be levied or assesxd upon said premises, or any part thereof. (3? In
~h•~ rs•rnt of default by Mortgagor under Paragraphs 1 or 2 above, Mortgagee, at its opton (whether electing to declare the wh°k indebtedness secured hereby
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) i.lr and collectible or not), may la) effect the inwrance above provided for and pay the reasonable premiums and charges therefor. Ib1 pay all said taxes arnl
.r,+mrnts without determining the validity thereof, and Icl pay such liens and all wch disbursements shall be deemed a part of the indebtedness secured by
•n;. Mortgage and shall be immediately due and payable by Mortgagor to Mortgagee. 14) To keep the buildings and other improvements now or hereafter
-rrlted in gaud condition and repair, not to commit or wffer any waste or any use of said premises contrary' to restriction or record or contrary to laws,
r~ilnances or regulations of proper public authority, and to permit Mortgagee to enter al all reasonable Umes for the purpose of inspecting the premises, not
1 rcmuvr or demolish any building thereon: to complete within One Hundred Eighty 11801 Days or restore promptly and in a good and workmanlike manner
budding which may be constructed, damaged or destroyed thereon and to pay, when due, all claims for labor performed and material furnished therefor.
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
` rear dexribed may, without notice, be released from the lien hereof, without releasing or affecting the personal liability of any person or corporation for the
merit of said indebtedness •Tr the lien of this instrument upon the remainder of said premises for the full amount of said indebtedness then remaining
:~.,•eid, and no change in the o+r-nership of said premises shall rekasr. reduce or otherwise affect any such personal liability on the lien hereby created. 16)
(,.rt hr is seized of the premises in tee simple and has good and lawful right to convey the same: and that he dots hereby forever warrant and will forever
itrend the title and possession thereof against the lawful cltims of any and all persons whatsoever.
goo~309 P~E2?.9~
Of-Ot7f IREV 7-7ft FL