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Home My WebLink About0054 a+~ 14~p I~10RTGAGEE: ~ ~ MORTGAGE DEED - - Avco FINANCIAL sERVICES of N ~ HOLLYWOOD, FL. INC. ,~9~1U y6S2 ~ p O BOX 4311 .+~i~ yA4C f1113T IMI TIAI So0U3E•S NAM[ ~ ~ r ti; SCHUL Z E , DETIAEF WOLFGANG PATRICIA RAY SCHLTLZE FT PIERCE , Florida Ihat ~ST• LUCIEby grants, bugains, assigns, acrd ~•onveys unto Mortgagee, the following drx•ribrd real estate ?n Ihr ('ounty f . State of Florida, to wit: a~ M~ 1 -9 ~a s Lot 12, Westglen Subdivision, Plat Book 14 Page 5 ' 1~~~~ Public Records of St. Lucie County , Fl. Oo wE T OOO wr r 60~. t TQ _ y p.,,YT" _ ~ ~ • Y . _ . _ - i 4, . a. ,i t c R ~ h - . ~ _ , ~ ,.t - Also knor~?n for street numbering purposes as 124 Westglen, Ft. PiErce, fl. t• ther with all building, and nnprovemrnts nuw ur hrrcaftrr rrccteJ thrrcon anJ all urecns, shades, storm sash and blinds. and heating. tightrng, plumbing. _ rkctnr, vrnulating, refrigerating artJ air-rundrtiuning ryuipmrnt u+rJ in connection therewith, all of which, for the purpax of this mortgage, shall be !y~ mrJ fixtures and ,abject t,. the lira hrrcuf. anJ the hercditamrnt+ and appurtenances pertaining to the property above described. all of which is referred to h; rrutaftrr as ihr "premise+" tt t1A\•E ABU TO HOLD vtd IanJ end prrmiu+. +vrth all the right,. pnvikgr+ and appurtenances thereto belonging, unto mortgagee and his hr;r+, executors. ,~:nutistraturs, wcrrswrs anJ as+igm. furcver. ~t~~rtearur al+u as,ign+ to Murt~ager all rcnt+, iswr+ and prutil, ul viJ premi+r+. reserving the right to collect and use the same, with or without taking „~„a•n of the prcmixs. Jurine cunlinuancr of Jrfault hercundrr, anJ Junng cunUnuanrr of such default authoring Mortgagee to enter upon said premises lull Ile rulkct anJ enforce the +amr without rcfarJ to aJryuai} ul any +rcurity for the indrbirJness hrrcby secured by any lawful means including ~ uurtmrnt of a rccrivrr m the Warne ul any part}• hereto. and to apply the +:utte kss costs and expenxs of operation and collection, including reawnable anlrnry's fees. upon -rny indrbtrdnc++ «currJ hrrcby. in wch order a+ Murtgag.•r may Jrtrrminr. OR _THE PURPOSE OF Sf.CURING: (11 Performance of each sgrsxment of Mortgagor contained herein; (2) Payment of the principal sum of 992.59 with interest, as provided in accordance with the terms and provisions of a Promissory Note/Loan Agreement (hereinafter referred to as Prllmissory Note"1 JateJ 11'779 ,maturity date 11-20-$4 ,and payabk to the order of Mortgagee, ,chirh Promissory Note reference is hereby made: (31 Payment of any additional advances, not in a principal wm in excess of S 995.59 with r~t,•rcst thereon, as may hereafter be loar?ed by Mortgagee or the then holler of his Mortgage to Mortgagor, each and every advance to be evidenced by the Nn~missory Note of Mortgagor in the amount of the advance; (4) The payment of any money that may be advanced by the Mortgagee to Mortgagor for any ;~~wn or to third parties where the amounts are advanced to protect the security or in accordance with the covenants of this Mortgage. ~tl payments made by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order: f~IRST: To the payment of taxes and assessments that may be levied and assessed against said premixs, insurance premiums, repairs, and all other charges ~,,J expenses agreed to be paid by the Mortgagor. SECOND: To the payment of interest due on said loan. fHlRD: To the payment of principal. 1u PKO"iE(T TH1 SECI'RITY HFRF:Oh, MORTGAGOR (-O~"t \:\NTS ,\\D AGRF:FS: 1117"o keep +aiJ prcmr+r+ m+urcJ agam+t her anJ .urh other . s,ualties as the Mortgagee may specify, up to the Cull value of all impnrvrmrnl+ fur the ptutrction of \lurtgager in +urh manner. rn +urh amount,. anJ in such a .~~mpanies as Mortgagee may from time to time approve, and to keep the policies thrrclor, properly rndorsrJ. un Jrpusil with Mortgagee. and thrt loss t~rll.rrds (less rxpenxs of colkctionl shall, at Mortgagee s upuun. br applied un sail indebtrdnes+, whether due or nut ur to the rcsturatiun of sail :;t:nrvrrnrnts. In event of loss Mortgagor will give immediate notice by mail to the ~furtgaerr who may make proof of lu~+ if not made promptly by i ~illrtkagor, and each insurance company concerned i+ hrrcb} authori~eJ and directed to make payment fur su:h lu++ Jirectl} to \furtgagrr in,teal of z 1.!lut~agor. 121 To pay all taxes and special assessment, of any kind that have been ur may be kvirJ ur a++r++rJ upon +aiJ prcmisr+, or any part ihrreuf. 13? In the event of Jrfault by Mortgagor under Paragraphs I or 2 above. ~lurtgagrr, at it+ option (whether rlrchng to Jrrlarr the whole inJehhdnr++ +rcureJ hereM• and collectible or not), may (a) effect the insurance aborr prosiJrJ fur and pay the reasonable premium, anJ charge, therefor: Ibl pac all wtd taxr+ and ,,r`+ments without Jetrrmining the validity thereof, anJ Ic? pa} +uch Gem anJ all +urh Ji+bur+rment+ ,hall be dremeJ a part ul the indrhtedn••++ +riurcJ by ~S tn;, Mortgage and shall be immediately Jur and payable by Mortgagor to )lortgager. 141 To krrp the building, and other improvement, nuw or hereafter r~_reJ in good condition and repair, not to commit or ,offer an} wa+tr ur any u+e ut wid premi+r+ contran- to re+triction ur recorJ or contran• to law+. :Irdinances or regulations of proper public authority, and to permit Mortgagee to inter at all rra+unablr time, for the purpo+r of rn+prcting the premise+, not r~~ remove or.demohsh any building thereon: to complete within One Hundred Eighty (IR01 Days or restore promptly and in a guuJ anJ +wrkmanhkr manner eery building which may be constructed, damaged or destroyed thereon and to pay, when Jue, all claims for labor performed anJ material furni+hed therefor. I ~ t That the -time of payment of the indebtedness hereby secured. or of any portion thereof, may be extended or renrw~rJ and any portion, of the premise, '„rein described may, wUhout notice, be rclraxJ from the lien hereof, without relea+ing or affecting the personal liability of any person or corporation for the 3 r.r~ rnent of said indebtc~neu or the lien of this instrument upon the remainder of said premixs for the full amount of said indebtedne+s then remaining t ,unpaid, and no change in the ownership of said premises shall ukase, reduce or otherwise affect any such personal liability on the hen hrrcby crratrJ. 161 ;hat he is salted of the premixs in fee simple aril has good aril lawful right to convey the same: aril that. hr J.x+ hrrcby forever warrant aril will funver ~lrfrnd the title and posxuion tMrcof against the lawful claim, of any aril all per+ons what+urvrr. yy bb 09-0473 (6-71) FL BOOf1 iAVE ~