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Home My WebLink About2821 4~6~6 ~ MORTGAGE DEED AND SECURITY AGREEMENT T I MS~~~ ~D~F~ fed as of 19 ~/b~y i?nd lx~tween~Jp~i F. Fi,~V SJ 55// ~a ~ ' V'- ~a f G d ~ foYmerl ~n"'~ ~ ~ ~IQ~~~t~h~ ' B°axr~ tee o the~a~ltt is arch o y e na c lid a o •I~e~y' Orlda ,having an office at 111 Orange AV~,'ritx', Fort Pierve ,Florida (hereinafter culled Mortgagee): WITNESSETH, that in consideration of the premises and in order to secure the payment of both the principal of, and interest and any other sums payable on the note laa hereinafter defined) or this Mortgage and the performance and ob- servance of.all of the provisions hereof and of said note, Mortgagor hereby grants, sells, warrants, aliens, remises, releases, conveys, assigns, transfers, mortgages and seta over and confirms unto Mortgagee, all of Mortgagor's estate, right, title and irttereat in, to and under all that certain real property situate in St Tarjp County, Florida more particularly described as follows: The South 1/2 of the SW 1/4 of the SW 1/4 of the SE 1/4 of Section 8, Taanship 35 South, Range 40 East. T ~ :.r: , - - ? - ~ , - , • I Recelred i D' d'~ M Paymattt Of Ttaoaa ~ ~F r- ; T:• ~ ~ Due On Class "C" Into ibis z ~ . i~ M E t~ , A ~ _ , _ _ _ ~ P~sraortal °roP~W. ~,F:--;' ~ ~~.o~ ~ 'Y:--• { purwant To Chaptsr 7l 134 Acb 0118?I. z ~ = . t i ~ =;'t ~ ~ ~ 2. ~ ~ 1 ROGER POITRAS = _ ' a, ` - _ # CttxL Ctrcuft Court, St. Lucia. Co., Fla,. TOGETHER WITH all improvements now or hereafter located on s:+id real pro{~ert_v and al! (fixtures, appliances, apparatus, equipment, heating and air conditioning equipment, machinery and articles of personal property and replacement thereof (other than those owned by lessees of said real property) now or hereafter :?ifixed to, attached to, placed upon, or used in any way in connection with the com{?iete and comfortable use, occu{k?ncy, or operation of said real property, :dl licenses and permits used or required in connection with the use of s:?id real pro{+erty, all leases of s:+id real property now or hereafter entered into and all right, title :?nd interest of Mortgagor thereunder, including without limitation, cash or securi- ties deposited thereunder pursuant to said leases, and all rents, issues, proceeds, and profits accruing from said real pro{x rty and t~~ether with all proceeds of the conversion, voluntary or involuntary of any of the foregoing into cash or liquidated claims, including without limitation, proceeds of insurance and condemnation awards Ithe foregoing said real property, tangible and intangible personal property hereinafter referred to as the Mortgaged Property). Mortgagor hereby a;rrMs to Mortgagee a security interest in the foregoing described tangible and intangible {+ersonal property. TO HAVE AND TO HOLD the Mortgaged Pro{?eriy, together with all and singular the tenements, hereditaments :+nd appurtenances thereunto belonging or in anywise ap{?ertaining and the reversion and reversions thereof and all the estate, right, title, interest, homestead, dower and right of dower, se{+amte estate, possession, claim and demand whatsoever, as well in law as in equity, of Mortgagor and unto the same, and every part thereof, with the appurtenances of Mortgagor in ~ and to the same, and every part and {k~mel thereof unto ?tlortRaRee. ~ Mortgagor warrants that it has a good and m:+rketable title to an indefeasible fee estate in the Mortgaged Pm{?erty ~ subject to no lien, charge or enc•umbranc•e except such as Mortgagee has :?Rreed to accept in writing and Mortgagor covenants that this Mortgage is and will remain a valid and enforceable first mortgage on the Mortgaged Pro{+erty subject only to the exceptions herein provided. Mortgagor has full power and lawful authority to mortgage the Mortgaged Pro{+erty in the manner and form herein done or intended hereafter to be done. Mortgagor will {+resen•e such title and will forever warrant ::nd defend the same to Mortgagee and will forever warrnnt and defend the validity and priority of the lien hereof against the claims of all {+ersons and {+arties whomsoever. - i Mortgagor will, at the cost of Mortgagor, and without ex{+ense to Mortgagee, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment, transfers and assurnnres as Mortgagee shall from time to time require in order to _prew~rve the priority of the lien of this Mortgage or to facilitate the {+erformance of the terms hereof. PROVIDED, HOWEVER, that if Mortgagor shall {,:?y to Mortgagee the indebtedness in the principal sum of g 35,000.00 as evidenced by that certain promissory note Ithe Note), of even date herewith, executed by Mortgagor and payable to order of Mortgagee, with interest and u{wn the terms as provided therein, and together with all other sums advanced by Mortgagee to or on behalf of Mortgagor pursuant to the Note or this Mortgage, the final maturity date of the Note and this Mortgage being NAV 1 ~ ~ 989 ,and shall perform all other covenants and conditions of the Note, all of the terms of which Note :?re incorporated herein I,y reference as though set forth Cully here- in, and of any renewal, extension or modification, thereof and of this Aortgage, then this Mortgage and the estate hereby created shall cease and terminate. . Mortgagor further convenants and agrees with Mortgagee as follows: ~ 1. To pay all sums, including interest secured hereby when due, as provided for in the Note and any renewal, extension s or modification thereof and in this Mortgage, all such sums to be payable in lawful money of the (Inited States of America } at Mortgagee's aforesaid principal office, or at such other place as 1?tortgagee may designate in writing. _ ~ 2. To pay when due, and without requiring any notice from Aortgagee, all taxes, assessments of any ty{+e or nature and other charges levied or assessed against the Mortgaged Property or this Alortgage and produce receipts therefor u{wn demand. To immediately pay and discharge any claim, lien or encumbrance against the Mortgaged Pro{+erty which may !?e ( or become su riot to this Mort + e and to pe g: R permit no default or delinquency on any. other lien, encumbrance or charge against the Mortgaged Property. 3. If required by Mortgagee, to also make monthly de{wsits with Mortgagee, in anon-interest hearing account, to- gether with and in addition to interest and principal, of a sum equal to one-twelfth of the yearly taxes and assessments which may be levied against the Mortg:+ged Property, and lif so required) one-twelfth of the yearly premiums for insurance thereon. The amount of such taxes, assessments and premiums, when unknown, shall he estimated by Tlorigagee. Such de{waits shall he used by Mortgagee to pay such taxes, assessmentsg and premiums when due. Any insuft+ciency of such 1 c ~::~~w ?,~S YacE~~15