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Home My WebLink About0979 ~~'080~ ~ . MORTGAGE DEED AND SECURITY AGREENIENT THI3 MOR'CGAGB DEED (the Mortgage), dated as ot'7~~ 18~ , 1~9..., by and i?etw~~n JEAN RAPPOLD ,~7p~CXX)pt~p(~DCXX ~~,X a sinqle adult (hereinatter called Mort~at[or) and SUN BANK UF ST . LUCIT COUNTY •~`'~nR otti~ a~ 111 Orange Avenue, Fort Pierce . Florida theminufter ca~lled Mort~tugee): WITN833M'H, thet in rnnaideretion of the premisee and in order to secure the payment of both the principal of, and interest and ar?y other sum~ peyable o~ the note (as hereinafter defined) or this Mortgage and the performance and ob-_ aervance ot all of the provisions hereot a~d of said note. MortgAgor he~eby grants, selis, wa~raota, aliens. remiaee, releases. conveys, aasisns~ trantter~. mortgagea and sets over and contirma unto Mortgagee, all ot MortRaRor's eatata, riRht, title nnd intecest in, to and under al) that certain real property situate in St. Lueie County, Florida more particul:i~lv described as tollows: Lots 150 and 151 lying North of the Florida East Coast Railraod right of way, less the West 687.5'3 feet and less the East 535.94 feet, in MARAVILLA GARDENS, UNIT 3, St. Lucie County as per Plat Book 6, Page 62, in the Public Records of St. Lucie County, Florida ~ F -i , L. I RECEIYEp = tit PAY~tENf OF T1U(ES STATE Fl_C7r'''-, cc:: r..r c~e°- - ~ ..Z DOCUMENTAkt'~-~. STAM~c~~ I .~,n: T. ' P.:. ~~~.;~P~:~E~TY~ ~ _ • ' c ~ UiPi. ~,!i kFYFN'Ji - ~ , •.•IS LF i~)1. z.- ~ , r.l~i.~j • - ' G ~8. " JUL 19'19 y'~~ ~ ~ O ~ ~ Cli~iX GwC{~~T CG~.i~~ =T. W~ ~ ~ 7~ m ~ i I~IQI • ~,r TO('E1'HER WITH all impruvements now or herenfter la•ated on x:~id m:?1 pro~~rrty and all (ixtures, :ipplian~~~•~, apµ~ratus, equipment, heating nnd air condilioning equipment, mnchinery and ~rticles of E?erxonai pro~rerty 1~nd mpl:~cemeM thrceof (other than those owned by lea.sees of said rna) pw~~erty) now or hem~(ler ~t(ixed to, attnched to, ~~laced upon, or used in any way in rnnnection with the complete ond comtortable use, nccupnncy, or o~~eration o( c~id real pmperty, :ill licenaea and permita used or requircd in connection with the use of s:~id re~l pro~ierty, all leases of w~id re:~) property now or hereatter entered into and all right, title and interest o( Alort~ngor lhemunder, inc•luding without limitation, cash or se~•uri- ties denosited thereunder pursuant lo said leases, and all rents, issues, prrx-crds, and profits accruing from said real pmEx•rty and together with al) proceeds of the com~ersion, ~•oluntary or im•olunt:~ry ot :~ny o( the forngoing into cnsh or liquid~teci claims, including without limitation, pra•eeds o( ins~runre and condemnation aw:~rJs (the tomgoinR s:~id real pro~~erty, tangible t?nd intangible ~~ersonal pro~~erty heninafler referred fo ~s the Mortg:iRc~l Property). MortRaRor hereb_y Rr:~nls to Mortgagee a security interest in the foregoing des~•~il?ed IanKible and intangible ~~rsona) pro{~rfy. TO HAVE AND TO HOI.D the Mortqaged Yro~~eHy, t~ether with fill :md singul:~r the tenements, hereclih~ments and appartenanrea thereunto belonRinR or in anywi4e ap~iertaininR and the rn~•ersion and reversic?ns thereof and all the eslate, riRht, title, intereat, homestead, dower and right o( dower, se~k~rate estatp, ~~s4ession, claim and demand whatsoe~~er, ns well in law as in equity, of I11orfR:~Ror and unto the same, and every p:~rf therc~f, vvith thP :~ppurten:~nces o( 1~1orfRaQnr in .~nd to the same, and every part ~nd ~~.~rcel therenf unto Mort~aRer. - MortRagor warrants that it has a good and market:~ble title to :~n indi~ft:~sible~ f~~• i~state ~n thE• hlort~;aKeK1 I'nq?c~rty sufiject to no lien, charRe or encumbr~n~~e except such as Mortgatiee has ;~Krt~~cl to :~~•~•ept in w•riting and blortK:iRor ~•o~Pm~ntti i that this I11ortRaRe is and will rrm:+in a~•alid and en(orceuhle first murtR:~Ke on the Mort~:~R~d Pro~~erty subjec•t only to the i exceptiona herein provided. MortRaRor h~s tull ~wwer and I.iwful authority to murtK:~Re Ihe MortR~ged Yro~ierty in thr ` manner and (orm herein done or intended hereafter to be done. 1Llorig:~Ror w~ill ~~reserve such title and will forever warrant C and defend the same to MortRaRee nnd will forn~•er warrnnt and defend the v~lidity s~nd priority of the lien hereo( aRainst the claims o! all ~~ersons and {~arlieu v~~homsoe~•er_ . ~lortgagor will, :~l the cost ot 111ortgaqor, and withc~ut ex~~en.ae to Mort~uRee, do, excK•ute, arknowledRe a~d deliver all and every such further acts, deeds, conveyances, moriRaRes, :~ssiRnments, notices of assiRnment, transfers and a~sur.~nces as Mortgagee shall (rom lime to time require in urder tn ~~nwc•n~e the priority of thP lien of this MortQ:~Re or fo fncilitate the ~~er(ormance ot the terms hereof. ~ PR VIDED HOWEVF.R, that if 111ortQaRor shall p:rv lo MortR:iR~K• thc~ ~~~~i~t~~~i~~4 in the principa) sum o( E 90 •~d as evidenced by ihat cert~in pmmissory note (the Notel, of even datc~ herev~•ith, exr~•utc~d by Mortgagor and payable to order of Morlgagee, with interest and u~wn the terms as pmvidecl therein, and toRether w~th ~II other sums ad~•anced by Morlgagee fo or on behalf o( 111ortRa~or pursuant to the h~te or this MortR.~RP, the (inal maturit~~ ~ date of the Note and this 1liortgage t?einR , and +hall ~~erform all other ~-ovenants and conditions of the Note, all of the terms of which N~~te are incor~wrated herein by m(erence as thouRh set forth fully here- in. and of any renewal, extension or m~xfifi~:~tion, ther~of and of this MortK:iRe. then this 11TortKa~e s~nd the ~tat~ hereby rmafed shall ~e:~se ~nd terminate. MoitgaRor further convereants and agrees wilh l~1ortgagee as tollowx: 1. To pay all sums, including interest seivred hereby when due, as providecl for in the \'ote and any renewal, extencian • ~ or modification thereof and in this A1ortRage, all such sums to t?e p:~y.ible in I~wtul money of the UnitEd States ~~f Amerii•:~ ~ at MortRaRee'a atoresaid principal ot(ice, or at so~•h other pla~-e as A1ortQaRee m:ry dc~siQnafe in w~ritinR. ~ 2. To ~~ay when due, and without requiring any notice (rom ~tortgaKee, all taxc•s, assessments of any iy~~e or natur~ ~ and other ch~rges le~•icd or assessed against the Mortgaged Pro~~erty or this ~tort~age and procfui•e rei•eipts there(or upon demand. To immediately {~y and discharge any claim, lien or encumbranc•e against the N~lortgaged Pro~~erty K~hich may tx• ~ or t?ecomP superior to this Mortg~qe and to permit no default or delinquency on any other lien, encumbran~•e or ch:~rge ~ :~K:iinst the 1~lortgaqed Pru~~erty. ~ 3. If reyuired by l~~urtqaRee, to also make n~onthly de~sits with A1ort~agec•, in non-internst hearing accuunt, tq- gether ~+ith and in addition tv intrrest and principal, uf a s~m rqua( to one-twel(th of lhe yearly taxes and assrssments w•hich ~ may f~e le~~ed ag:iinst the 211ortgaged Yro{~erty, and lif so reyuired) one-twel(th ot the yeatly pmmiums (or insuranm thereon. The amount of such taxes, ~sr:essmente and premiuma, when unknown, shall be estimated by A'IortRagee. Such ~ depusita xhall I~e usrd by MoriRagee to ~k~y ~uch tuxea, as.+rs.wments and premiuma when due. Any insu(ticiency oi such r ~ ~ t'•~1+~K~~~ f~V~ . _ ~ , . ~ ~ . .