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MORTGAGE DEED AND SECURITY AGREEMENT /
THIS MORTGAGE DEED (the Mortgage), dated as of October 30 , 19 79 , Icy and t~etwecn
STANISLAW DOBOSZ AND DANUTA•DOBOSZ, his wife
Ihereinatter called Mortg:gor) rind $UN BANK OF ST. LUCIE COUNTY ,having :?n
orticeat 111 Orange Avenue, Fort Pierce, ,Florida Ihereinattercalled Mortg:rgf.•e);
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 (as hereinafter defined) or this Mortgage and the performance and ol?-
senance of all of the provisions hereof and of said note, Mortgagor hereby grants, sells, warrants, aliens, remises, releases,
conveys, assigns, transfers, mortgagee and sets over and confirms unto Mortgagee= all of Mortgagor's estate, right, title and
interest in, to and under all that certain rnal property situate in St. LUCle County, Florida more {xtrticularly
described as follows:
Lot 13, Block 90 SOUTH PORT ST. LUCIE, UNIT FIVE, according
• to the Plat thereof as recorded in Plat Book 14, pages 12 and
12A through 12G of the Public Records of St. Lucie County,
Florida.
J - _ - . - - _ _ Ilealwd ~ In Payn?eM Ot Ttiflcp
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' H ~ ~ ~ - ' r, h1 ~ r , + Ow On Clsss "C" Intanplble Personal prt~?•tyt
. - : - : yf T - - I purtuant To Chaptsr 71. 134. Acts Or'>??t,
. . , . ~ r_3 ''w; ` 3 ~ ~ ~ ROGER POITR/1S~i~
~ - ~ ' ~ t Cittnf Clrcult Court, St. LucN. Co., Fltr.
TOGETHER WITH all improvements now or hernafter 1«•ated on s:fid real pro{rerty :fnd all fixtures, ap{rliances,
ap{>.•?ratus, equipment, heating and air conditioning equipment, machinery and articles of personal property and replacement
thereof (other than those owned by lessees of said real pro{rerty) now or hereafter affixed to, attached to, placed u{eon, or
used in any way in connection with the complete and comfortable use, occupancy, or o{+eration of said real pro{terty, all
licenses and permits used or required in connection with the use of slid real property, all leases of said real property now or
hereafter entered into and all right, title and interest of Mortgagor thereunder, including without limitation, cash or se•+•uri-
ties de{rosited thereunder pursuant to said leases. and all rents, issues, prcx•eeds, and profits accruing from said real pro{+erty
and together with all proceeds of the com•ersion, voluntary or involuntary of any of the foregoing into cash or liquidated
claiury, including without limitation, proceeds of insurance and condemnation awards Ithe foregoing said real property,
tangible and intangible {rersonal pro{terty hercinu(ter referred to as the Mortgaged Pro{+erty). Mortgagor hereby grants
to mortgagee a security interest in the foregoing descritK•d tangible and intangible {?ersonal pro{rerty.
TO HAVE AND TO HOLD the Aortgaged Property, together with all and singular the tenements, hereditaments and
appurtenances thereunto belonging or in anyK•ise ap{tertaining and the reversion and reversions thereof and all the estate,
right, title, interest, homestead, dower and right of dower, se{xtrate estate, possession, claim and demand whatsc>rver, as
well in law :fs in equity, of Mortgagor and unto the same, and every part thereof, with the appurtenances of Mortgagor in
.,.f ef.., ~ r..t o Hart and rr:arv-al fhPrwif unfit M~rfr:t¢tw
Mortgagor warrants that it has a good and marketable title to :~n indefeasible fee estate in the Mortgag?KI I'ro{x•rty
:abject to no lien, charge or encumbrance except such as Mortgagee has agretYf to accept in writing and Mortgagor c•ovenaei~
that this Mortgage is and will remain a valid and enforceable first mortgage on the Mortgaged Property subjer•t only to the
exceptions herein provided. Mortgagor has full {«+wer and lawful authority to mortgage the Mortgaged Property in the
manner and form herein done or intended hereafter to i+e done. Mortgagor will presen•e such title and will forever warrant
j and defend the same to Mortgagee and will forever warrant :uul defeu+l the ~a{idity and priority of the lien hereof against
the claims of all {>ersons and parties whoms<xver.
~ Mortgagor will, at the cost of Mortgagor, and without ex{tense to Mortgagee, do, execute, ai•knowledge and deliver all
and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment- transfers and assurances as
;,Iortgagee shall from time to time require in order to presen•e the priority of the lien of this Mortgage or to facilitate the
~rerformance of the terms hereof.
PROVIDED, HOWEVER, that it Mortgagor sh:fll pay to Mortgagee the indebtedness in the principal sum of
g 25 _0O0 _ 00 evidenced by that certain promissory note Ithe Note), of even date herewith, executed by
;lorgagor and {myable to order of Mortgagee, with interest and u{x>n 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 A4ortgage being October 30, 1980 ,and shall {terform all other rnvenants and
conditions of the Note, all of the terns of which Note are incor{?orated herein by refernnce as though set forth fully here-
in, and of any renewal, extension or modification, thcrc~+f and of this ltorfgage, then this Mortgage and the estate hereby
~•reated shall cease and terminate.
Aortgagor further convenants and agrees with mortgagee as follows:
1. To pay all sums, including interest see•ured hereby when due, as provided (or in the Note and any renewal, extension
or modification thereof and in this :Mortgage, all such Burns to he payable in lawful money of the United States of America
at Mortgagee's afores:fid principal office, or at such other place as mortgagee may designate in writing.
s
~ 'l. To pay when due, and without requiring any notice from Mortgagee, all taxes, assessments of any ty{>e or nature
A and other charges levied or assessid against the Mortgaged Property or this Mortgage and produce receipts therefor u{ron
k ~mand. To immediately pay and discharge any claim, lien or encumbrance against the Mortgaged Pro{,erty which may tx•
ur become superior b this Mortgage and to {rermit no default or delinquency on any other lien, encumbrance or charge
against the Mortgaged Property.
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a 3. If required by hlortgagcY•, to also make monthly dcgxx~ts with Mortgagee, in non-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 he levied against the )Lortgaged Property, and (if so required) one-twelfth of the yearly premiums for insurance
thereon. The amount of such taxes, assessments and premiums, when unknown, shall be estimated by Mortgagee. Such
de{xisits shall be used by Mortgagee to pay such taxes, assessments and premiums when due. Any insufficiency of such
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