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HomeMy WebLinkAbout0275 • 461'769. ~ ~f~~f:T(„ ~l:f:f:: MORI`GAGE DEED ~ ' •'HVCO FINACIAL SERVICES _ , FL. INC H7 10260 ~~-~--F~-~fw~- M.M[ rows. ,ao~,sr•, ,..,.r FT PIERCE,I'I.. 3 0 SCHRODER, fIF1VRY VIRGINIA ,Florida Ihat Mort' or hrrrhs rants, bargains, Jsslgtu, anJ cunveys unto \1urlgJgcc, lAu ;ftlllowirtg• Jr,cnhrJ real r,tah ut flit (aunty of ST LI~G~IE COUNT7~ _ . S1att ~t I a,rtaa, tv; .city LOT 2, BLOCK 5, ORANGE BLOSSOM ESTATES, according to the Plat thereof Platt Book 11, page 6 as recorded in of public records of ST LUCIE COUNTY, FL. ~02, ~ ~ _ C1+.FtK Ga;,{1;T Ciu„ir ST. C4:.iE CQ FtA. . ~ ! ,a ~ ~ e ~ ~i ~ ~ 1 - ~ r ~ - 3 0° wt r t o°° wr '4 f t -o,.~q. 2 i ~ ~cow,o? c~a.c? l a - - i c f t~•_rthrr wtth :JI huddmi, Jnd unprr,srntrnt+ now ar hcreaftrr rrcch•d thcrrun JnJ all +crrrn,• ,hJJc+. ,form sash anJ hlinJs• and heating. lighting. plumbing. ~ ckctnc• vrntdaung, rcfnirrahnz JnJ Ju-cundrttonm_ ryurpntrnt u+rJ in :unnrcUun thrrrwith• all of which, fur the purpose of this murtgJge. shall be I .;1rntrJ tivtur., anJ +uhKct t„ the lira hrrrut. anJ flit hrreJttantrnb Jnd appurtrnancr, pcrlatmng to flit property abuse dr+cnbrd. all of which is referreJ to hrrrrnaftrr a+ flit "premtu•+" lu ll,\~•1 ~\\U lU ilUl U +JIJ IJnd JnJ prrnn,.•+- wrth JII flit n~ht+- pnvdr>_r, Jnd JppurR•nan.r+ thrrc•u, hrlun~tng. unto mortgagor JnJ hi+ h~•ia. ••xecutors. ~.inuni+tratur,. ,acct„ur, and J++ten+. forever. ~I~~rt~aYUr Jhu a++r_r., h. \tort~•aerr JII irnt+. t++ur, Jnd pn~tit, ..t +J U1 prrrnr+r+. n•,c•nin~ flit nght to iollr:t Jnd u+r ~thr saint, with ur +vithout taking !,~.,r++iun ul flit prrnu,r+. Jurtn_ .onhnuanrr .•1 d~tntlt hrreundrr. Jnd Jurutz rununu,mrr of ,u:h default authunnng Murt_•Jger to rntrr apon +aic' ,itrmixs .trn1 nr r~dl«t Jnd rnt~•r.r flit ,Jnt.• :+ith~ntt rr~Jr.l a. JdryuJCy u) Jny +r~unty for flit inJrhtrdnr++ hrrnc~ +r.ur•d hy" Jny' IJwfU) t~teans including ~!~poinuncnt of a rrcrtvrr m Ihr nanu• ul Jny party hrretu. JnJ dt apph flit +Jmr k++ :u+t, Jnd r~prnu, of uprrahun anJ cullrctiun. mcludin¢ rea+ur:aMc ,r•~rnry's Ice,. upon Jny nr,1+•h0.•Jnr„ v:urrd hrrehy. tit w.h unlrr J+ \IIHILJ,L'rl' may Jrtrrminr. ! i?K i fIF. Pl RPUSF Ot SI (l`RI\(;: 11) Prrti,rmance of each agnrmrnt of MurtgJgur cuntainrJ herein: 121 PJymcnt of flit pnncipal sum of 6009.57 With interest. a, pruviJcJ in accurJJncr with the Iran, anJ provisions of a Pronu+wn• Xutei''Luan :lgrcement (hereinafter rcfrrred to as "Promiswry \ute"1 date) 10-0579 -maturely' JJtr 1(\_21 A~ anJ payable to the order of \tortgagvti, t~~ +chich Promissory' Mute rcfrrence is hereby mJJr: 131 Payment of arty aJJitional advances. not in a principal sum in c~cra of 5 ,with rucrrst thereon as may hereafter ter IoanrJ by Mortgagee or flit thin huller of hi, Mortgage to Mortgagor. each and every advance to be evidenced by the I'n~mi,wry 1Vote of Mortgagor in !ttc Jmuunt of tltc advan-+•e; 14) The payment of any money that may Fx advanced by the Mortgagee to Mortgagor for any reawn or to third parties whrrc tfx Jmuunh ate adsanced to protect flit u,urih ur in accurdanct with tF?c ruvrnanh of this Mortgage. - VI payments made by \furtgagor tin tltr obligation sccurrJ by this Mor:gJgr shall be applied in Ihr following order-. FIRST: To the payment of tare, and assrssmcnls that map tx irvirJ anJ a,usseJ Jgain,t +Jid prcnusrs• insurance premiums. regain. Jnd all other charges Jnd e>;penses agreed to be pail by tFtr Mortgagor. - tiF:CU\D: To th{ payment of inRrest Jur tin +aiJ loan. THIRD: To the payment of prencipal. 11 r PK(?fF:(-1 THE SI ('l KIT( HI RFUI • \tOR7G.\GUK (O\ I I ti \\U \(~Rf l ~ f l r lu krrp +arJ prrr:u+.+ to+urr•1 JY.un+t tIK JnJ ,u:h .+ther p .J.uJlhrs a+ the Murlgagre may ,pretty, rep n, flit full value tit JII tntprosrmint, for dn• pnrlr.Unn of MonrJirr to +u:h rnannrr. rn .u:h Jmount+. JnJ in wih .~unpanios as Mortgagor may from hntc ht time-appruvr, anJ to kcrp Ihr fxlhct., thrrrt~rr. pn,prrly rndorvJ. tin Jrpu,r! wtth \lurtttagrr. anJ that loss pnnreJs Ilc,s cuprous of culkcttunt ,hall. at \lurtgagrr's upttun, br JpphrJ tin +arJ tndrhtrdnrs+. whrthrr Jar or nut or h. flit rr,turJhun tit viJ nnprovrmrnh In turn[ of lu,s \lurteagur will gnr unmrdtatr nou;r by m.til 1.. flit M,~rt_•JLrr who mJy m,:kr grout ..f lo„ if n,,t mJJr promptly by \Iurlgagor• Jnd each tn,urancc cuntpany .oncrrnrJ is hrn•tn JuthonirJ JnJ .ItrrvtcJ h• mJl+r pJyttlenl for ,u,h lo,. dur.th t.. MortgJZrr tmtrad of \fortYagur. 121 Tu pay JII ta~cs Jnd ,prcial a,u,,mcnh ul Jny krnJ That have brrn ..r may hr Irctrd ur a,ti•„c•J upon +Jrd pnnuu,. ur Jrn part therrul 13) In the event tit default by MurtgJgur unJrr PJragrJph+ 1 or ahoy. \IurtyJgrr. ai rt, uphon lshrther rk~Ung to drslJtr the whole utdehR•Jnr+, +r.urrJ hcrehy J•Jr and collectible ,rr nut). may tatrffect the m,uransr Jhuer prustdrd for Jn•I ply the rrJ,unahlr premnun, JnJ .hargr+ thrretor. 1h1 ply JII sJt•.1 tJSr+ anJ ,,.~++mcnts wtthuut Jctrrmimng the salt.ht> thereof. Jnd rct ply ,a.h hen, JnJ ell .u.h Jt+hurrnrrnt, ~hJll hr Jrrrnr,l J pan ..f the mdrhtrJn••+++r.urrd by rite. Mortgage anJ shall tx immrdtatrh Jut anJ pJyJblr by Mortgagor to \lortgJCrr. r+? lu krrp flit hurldm~+ Jnd other unpn+srntrnt+ noss or hereafter rrr,trJ in gaol cunJihun JnJ rrparr. not to +omntit ur ,uffrr Jny ~sJ,tr ••r Jny u,r of +,uJ prcrnt+r, ,oniran h. r.+tn.ta,n ..r re:utJ ur :outran to law,. ~•rJrnances or rcgulahuns of proper public Juthurth. aril to getout \lurtcaece n. enter at JII reJ+onahlr hmr+ for the purpu,r of imp~•chne the prrmtu+. not t•, remove ur derrwlish Jny building thereon: to wmpktr wiRun Unr HunJrrd Flghty I (`;111 Day, ur rr+turr pnxnpth Jnd to a gtxxf anJ wurkmanhke manner Jny building which may to cunslructcJ. JamagcJ ur destroycJ thereon anJ to pay. when Juc. JII Mann, fur IJM,r prrlorrncJ anJ matenal furni,hcJ therefor. That the time of payment of the mdrbtrdne,+ hereby srcurcd. or r.f am' purtmn Iherc•uf. may tx• r~tendrd tit renrwrd and any Ix+rtiuns of the prcmtus • herein dcscrihcd may', wtthuut nuhcc• F,r n•Ira+cJ from the hcn hrrrot_ wtthuut rclrJ,mg ur Jffrchng lhr prr,unJl liability tit Jm pa•non or .orporJtaun for the payrrxnt of said indrhtednes, ur the hcn of this instrument up,rn the rcmJindrr tit viJ pn•rni+rs fur the full amount of said mJcbtrdnrs, thin rrmarmng unpaiJ, Jnd no change in the owncnhip of vid prentisrs ,hall releJ+c•. redact tit uthrrat+r Jffrct Jm wch prnonal hJMhty tin the hcn hrrcby rreatcJ. Ili) that hr is uvcJ of the premix, in ter ,imple JnJ ha+ g+x,J anJ lawlul reght to comry the +Jnu•. Jn,l that he J+x•, hrrrhy furr?rr warrant JnJ welt furccer Jrfend the title Jnd posxssiun thrreuf again,t the IJwful clann+ of am' ~nJ all !x•r+on, what„x•vrr. 0f-0~7S Ii-7]I FL a~~318 2'~5'