HomeMy WebLinkAbout1411 4644zs I
Rh:AI. ESTATI: illOft'TGi1Gh:
THIS A1ORTGAGE made this day of DetObel' .1979 Between ~elillda Griner
3505 mold 8oad of F+t. Pieroe, F1oMda
S~ T~~i0. county. Florida, h~•rrinaft+•r call+•d thc• Aiot•tgagor. and ~0~1 pl~f
Of F't• pierce a FiIlB>f~Re Corlxrratiun, hereinafter called the Mortgagee.
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WITI\h~SSETH: That said \lortgagor. in consideration oC thc• principal sum specified in the promissory note here-
inafier described, received from the Mortgagee, hereby martgagrs and incumbers in favor of the said Mortgagee the real
t,ruperty situated in $t• jAOie~ounty. Stati• of 1~ lorida, described as follows:
lot !5, Block ; of Gross Trail Slalbdivioion as
eho~m in the pnblio reoor+ia of St. Dn~oie, Co~mt1,
Florida. - • , ~'`x~ ,
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R~oshred • ~ ~ tl'~ vment Of Ttttx~ - - .r-= .
In Pa
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Olle 011 Class '.nt:tngihle PerSOrtal prOp~?ty, ~F1 ~ ~ w
oursutttnt To Chapter It , t 3d. Acta O~ !8?t, - ~ ~ ' •
w~~~,~,~ lob
c~.rs, ClnaBt Court. St. Lucie, Co., Fla. Fd ~ ' j~'
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security for the payment of a promissory note, a copy of which is a. - -wrated herein by reference.
The said \lortgagor does covenant with the said aortgagee that t. - feasibly seized of said
land in fee simple and has the full power and lawful right to mortgage anc - - . :the said land is free from
:,il incumbrances except as above noted, and that the said \lortgagor, exc •`..~Q•is~ _ - fully warrant the title
paid land and will warrant and defend the same against the lawful claims _ 7 " - ~er•
AND THE SAID 1b1ORTGAGOR does furthe r agree as follows: _ . -
~ 1. 'Io rr,ake promptly all payments r~•quired by the above described note• and this mortgage as such payments
i ~r~•,~omc due.
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2. Ta pay promntly when due alt taxes, assessments, liens, and incumbrances on said property.
~.c=.TQlae~$ ~y,bu~l~i4~{ ~R~ hereafter en said land insured against damage by fire, lightning, windstorm or
,rh< r,~ypltytl7t~pDlY.~tt,i~i~syt;ftj:y~the sum secured by this mortgage, in a company or companies satisfactory to the
~.:urtgag~eR, said.poli.¢yrto 6e:held•by•and payable to the Mortgagee to the extent of thc• indebtedness remaining at the time
,f the loss. If any sum becomes payable under such insurance policy. the Mortgagee may either apply it to the indebtedness
cured by this mortgage. or permit the Mortgagor to usc• it for other purposes, without impairing the lien of the mortgage.
-l. To permit, commit or suffer no waste, impairment or deterioration of th+• mortgaged property.
If any payments provid+Kf for in the note on this mortgage are nut promptly paid by the \lortgagor, if the buildings
not kept insured as providccl, or if the Mortgagor defaults in any of the ether c•e~•enants, stipulations. or agreements,
r• ~lortgagec•, without waiving or affecting the option to foreclose, may otherwise perform any of the revenants or agreP-
nts on behalf of the Mortgagor, and any and all such sums or expenses paid or incurred, with interest thereon from the
' ~t,• of payment at the rate of interest prescribed in the note ;scored by this mortgage, shall also b+• secured by this
rur-tgagr.
6. This mortgage li,~n shall ,~xtend to and include all rents and profit. ,~f the mortgaged property. In the event of
(•,r• closure the court is authorized to appoint a recerc,•r ~+C th+- murtgag,~ci prup+•rty and to apply such rents er profits to the
~ btedness her+~by s+•eured, regardless of the snl~•enc~• of th, Mortgagor or th+• ;+dequacy of the security. -
7. •I"his mortgage shall ext+•nd to and inrlu•!<• am and :+I1 eaten=ions and rene~sals of the hercinabo~•e described
n~~t, and shall also s+•cure any sum ur sums that aught t„ 1~,:,m,f by ~tur!g:+gee to Mortgagors in the futun• in the sum or
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iris for which Mortgagors shalt execute there n,•[*utiat+l.• prumr-=or~• nnt,•s, not a•tr•,•+•+iinq E2~,000.00, togrth+•r with
.n!~ r+•st, taxes, levies, and insuranc+•.
8. If any payment pro~•ided fur rn th.• not, ,.r Ln= murtgag,• he not paid t+ithin thin}• days after it becom+•s due, or ,
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am• agreement of this mortgage oth,•r !pan for th, n;+~•m,•nr of mon,•~- is breached, then the unpaid balance, not including
~;n :,r•ned ?ntc•r+•st, shall immediately b+ com+• due :,rid p;rv:abl, at the option of the Mortgagee, and the Mortgagee may fore-
I„tee this mortgage in acrercfance ith pr•oc, d!rr+•~ ~t;,hli~hed tr~• L•+~+., and ha~•e the property sold to satisfy or apply on the
:r. i, htcdness hereby secured, r
~ ` s aooK 319 PacE 1408