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Home My WebLink About2827 4~.a,3rZU / REAL ESTATE i~tORTGAGE lpkase print or type all names and addrcssesl THIS MORTGAGE, made the First day of November , !9 79 , by ~Wi 11 i am F_ St-arl i rig and Eli se S~arlinQf 111.S wife tca3led Hartga$or here n) Fla. City of Ft. Pierce Fla, 83450 to omema era rinance ervice, nc. /a GECC ca e ~!ortgagee herein): WITNESSETH that Mortgagor has executed this date a promissory note, in the principal sum of Fif fteen Thousand3, _ _ ~ Thj rt., u ; A 5 R 11(l~ith interest at the rate stated therein, payabk at the offices of Mort a ee i ars in 120 consecutive monthly instaiitnents, each inst~iitnent in the amount of S ~ the titst installment payable one month from the date of this mortgage 1'difft:~~rl!'3~ itfitsetted here 12 / 8 / 7 9 the balance of installments payable on even date of each succeeding motltllttMlt~aNrlPiltt~ 1.`"' NOW. 'l1iEREFORE, to secure the payment and performance by ~g1li'KQQrtuR~r tw!!; and~the performance of the covenants herein contained and to induce Mortgagee to enter into the promissory note wi~pA~qq for good and valuable con- sideration, the receipt of which is hereby acknowledged, the Mortgagor does hereby# ~~~~7r~i~hto Mortgagee. its heirs, executors, successors or assigns the following described real estate situated in the ••~C'"'ount State of Florida described as follows: Being the west 160 feet of the south 135.5 3 feet of the West 300 feet of the South 495 feet of the east 1/2 of the North 30 Acres of the Northeast 1/4 of the t~ s~ Southeast 1/4 of Section 9, Township 36 South, Range 40 East, St. Lucie County, Florida; together with ingress and egress access being more particularly described as follows:- . Being the North 60 feet of the South 195.53 feet of tti'est 160 fe t of the East 1/2 Qf the North 30 Acre of the Northeast 1/4 of the '~t~2Ftt~a~d it~t~n~e~c~b~~~remt~esTc~ivnejre~~~Mor~gago°r~yt~e2de~e 4~ E t . Lti'cie~o~r t~, Fla. - 315 ! ~ 4 , 19 ~ ~ _ in Florida, Book 3 0 4 ,page , in the Office of the C`7 Pik of Martin County, Together with the improvements heceditamenu, and appurtenances theroto now or hereafter belonging, the rcnu, issues and profits thereof, and all fixtutts now or hereafter attached to or used in connection with the premises described above. To have and to hold the above mortgaged property unto the :Mortgagee, Mottgagee's heirs, executors, administrators, successors or usigns, to Mortgagee's own proper use, benefit and behoof forever; provided that upon full payment and performance of the promissory note, aid the keeping and performance of all the covenanu stated herein, then this Mortgage and prortlissory~~no~g shall be null and void. otherwise to remain in full effect. Any renewal of the promissory note, or the extending of payments htailtly'tn#~allment thereof shall not waive any ritthts of the Mortgagee created hereby. Should the premixs above described be sold or convened or in the event any mechanics, materialmen's. workmen's, judgment or tax ';fens lie against the premises, nr this or any mortgage covering the premises shall be in default. on or after the date hereof or should the promissory note ba rn default, then the indebtedness secured hereby, together with accrued interest to date shall at the option of Mortgagee :mmedisteiy become due and payabk, anything therein to the contrary notwithstanding. Upon such default or any default in the performance of the covenants herein, Mortgagte may enter upon and take possession of the said premises, receive the cents and profits thereof and to apply the same toward the payment of taxes, upkeep of the property and the fulifillment of the covenants of this mortgage; or at the option of ~tort¢agee. to cause a receiver to be appointed; or to sell or cause to be sold the property hereby mortgaged and to convey the same to the purchaser. pursuant to the statute in such case made and provided and out of the proceeds of such sak to retain the moneys due under the terms of this mortgage, the cost and charge of such sale, and a ccasonablt attomes's lee, rendering the surplus money, if any. to the ~lortgaeor. Mortgagor will keep the premises fully insured against loss by fire and lightning and such other risks as Mortgagee may requite, with nsurance company orcompanies satisfactory to Mort¢agee, for the benefit of ~lortgagte and in default thereof Mortgagee may. but shag nor be obl i¢ated to. insure the same- Such txpendi[ures for itrsur~rice by Mortgagee shall become so much additional indebtedness secured iereby. ~1ort¢agor shall provide, upon Mortga¢ee's request. evidence of insurance coverages, which coverages shall also provide for tent 10) days' prior written notice~to mortgagee of any cancellauun or material modification of insurance. Mortgagee shalt have the op- ~+on to receive and apply the same on account of the indebtedness secured hereby or to permit said mortgagor to receive it and use it or any part thereof fur vthcr purpusts without thereby waiving ur impairin¢ any equity, lien or right under or by virttu of this mortgage. Vo building on the premises shall be removed or demolished without the consent of Mortgagee and Mortgagor covenants not to commit or permit waste of any kind upon or on said property. Mortgagor will pay all taxes, assessments or water races, and any mortgage installment on this property and in default thereof. ~ `lortgaget map pay the same, but shall not be obligated to do su nutwuhstariding the security hereby orovided for such, yortgagor shall z :n default under this mortgage. and the amount paid sha!! be so much additional indebtedness stc;rrcd hereby. Thr failure of ~M+rtgaQOr io pay any Hart of any installment .if t_~e.. ~ses•rrents or ~~surarce premiu^_±s under the r:ovisicrss of :l:is -~urt¢aire at tilt time or dines when wch items arc dot and pa}'ably. shall consntu[t •xastt within the meaning of applicable Florida law_ Irv amounes paid b. ~tortgatiee fur insurance. taxes..ustssmtnts. water rite. and am murt_ace installment on this property shall bear nterest at the highest ;awful contract rate, and shall be paid by ~tortgag~r upon .remand. tilortga¢orts? ht:rbr relinquish ail rights of homestead. Th?s mort¢ae: shall +nure to the benttit of the successors and assi¢m of 1~furtga¢er and shall be hindin¢ upon the heirs, executors, ~ures+ors and itsai :epresentanves of ~lortga¢or. IN Wl'T`ESS WHEREOF, Mortgagor has ii¢ned this mstrumtnt nn :he day and ve3r hf5t ]b0~ teffr-~ . ..gntd and livered in t~rE~resen of: ` ~ ',f I - into >zorylil i F. Starling . t~tortgagor ise Starling n.•n ~ rtnrssts must ,tgn i ~ n pt ur print nu?nrs ban«th signutLir i au :nstrumrnt was prep:ued by: D. Barnett ::-r.-temakers Finance Service, Inc. d/b/a GECC Financial Services E r Documentary Siam Here) ~ ~ 4 7 Palm Bea,~h La)~-es Blvd Suite # 112 - i fiK~ 9 PdGE2S1~4 " taddress' BOOK ;f.:~xumentary ,tamps ;ire not at used here. they have been ~~D ~t Aa 1 m RP ~ e,Yi Fla....__3340 q _ ~ aitczed n~ she w~te. ~