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HomeMy WebLinkAbout2288 • _ _ AtORTGAGI:G: ~ \ ~1ADRTGAGE DEED , "u 'O~F/~HOLLY'W+OOD~ FL. INC a.r 4~M[ l~AS~ ~N~ll!?l 1POVS ['S N141[ 2502 S FED ~ _ JF,r1KINS KENNETH E LOIIDELLE FT PIERCES FL. . Florida l het Mortgagor hen b} grants, bargains, -rssigns, and cunvey's unto Mortg:yter ~ the • (ollowill)t dru'ritxJ reel r,talc m Ihr ('aunt} of STr~ Tic Slab UI I'IUrtda, IU wtC LOT 18, WASHINGTON HEIGHTS ACCORDING TO THE PLAT THi3IiE0F AS RECORDED IN PLAT HOOg 7, PAGE 46 OF THE PIIBLIC RECORDS OF SAINT LIICIE COUNTY FIARIDA. ~ i ~ - - J $ - J- _ -i ~ CO ' +`pO c `O s a s. ' ~ _ _ N I ALSO KNOWN FOR STREET NUl+DH:RING P1lRPOSES As: . ' yQa ~ _ ~ a 7101 NORTH 19 TH ST - o. f ' - ~ oaf FT PIERCE FL - e ~ - - Spa ,S° ~ ' 33450 ' ~ _ y _ $ J ~ ~ - J ~ ~ in Payment Of Taxaa • , _ - ~ ~ ' - • .o ~ g o Due On qqs C' intargbN Parawlal Property, ~ _ n ~ ~ _ D f Pursuant TO Chapte? 71.154, Aps Of 1571 € ~ ~ - ~ - - a - - cie.k cirp, ~ Porrlus ~~j' 1` - ~ K ctn. wa.~ ca, a~ r•,_~ thee wtth all building. anJ unpruvrnrrnh nu++ ur hrrrrflrr errctrJ Ihereun rnJ ell +crrrn+. +hadr+, storm sash and blinds, and hratirg. tighUng, plumbing. rlrctnc, venUlattng• rctngerrtmg rnJ ate-cunJrtiuninz rywpment u+a•J in connection therewith, all of which, for the purpose of this mortgage, shall be i rrn.•J lixture+ and +ubiect hr the ben hcrcui, rnd the heredttrnunt+ rnd rpp!rrtenrnces pertaining to the property above d.+cribrd. all of which i+ referred to € h: rrrnJftrr a+ the "prrmt+e; • I r. r II \\'1' AXU 7O 11011) wd IanJ JnJ prcnuv+. ++rth JII the nght.. pmdcgr+ anJ rppurtenrncr+ thereto helunging. unto murlgagcr and hi+ heir+• rxecuiors. ~ r,ir.:rnntratur+. wccr++or+ rnd r++rrn+. furcver. i il~•rteJCUr Jhn a++tgn+ h. Murt~aerr JII n•n1,. t,+ur+ Jnd prulit+ .d vrJ pa•nn+r+. rr+a•rving the right to collect rnd u+r the same with ur without taking f ;'.•.,r„urn of the prrnu+r+. JUf11lr cunUnuan.r of drleult hrrrunder. JnJ donne .untmurncr of +urh Jrfrult ruthurinng Mortgagee to enter upon s:1id prrmi+r+ j ,~~,1 ~u .attest rnJ rnGrrcr th.• vme ++!th~rut rrLJrJ to JJryUJC\ ul rm .r.unty lur the inJrhtrJnr,+ hrrrb} +r.urrd ht an} lawful mean, includinK I ,;~,•~~rntrn.nt of J rr.rivrr to the name ul Jny part} h.rrtu. JnJ to rppl} lhr wen Ir++ cu+h anJ c~prnx+ of oprrrtion rnd .olkrtion• including rrrwnable ;,~rn.}'+ frr+: upon rm indrhh•Jnr+++rcurcJ hurt+}. ur ,uch orJrr r+ MurtgJrrr mry drtrnninr r j ! crk IHI: PI;RPOSI': OI tiI{('I~RIXG: 111 Prrformancr of each rgnrment of Mortgagor contrived hrn•in: I_'i Payment of the principal +um of with interest, r+ provided in acarrdrncr with the term, and provisiom of a Promiswry \utr/Loan ;\grremrnt Ihereinrfter referred to as I f'nmu+~uy Xotr"1 daRd ,maturity drtr _ and payable to the order of ~turtg:+gc~r. { whrrh Promissory \utr reference is hereby made: 131 Payment of any additional advrncrs, not in a principal cum in excess of S ,with ,:?t. rr+t therrun• as may Ftrrerftrr br loaned b}• Murtgrger or the then holder of his Mortgage to Mortgagor, each and curry advrncr to Fx evidenced by the i i'n~rm,wry I~utr of ~tortgagur in the rmuunt of the advance; 14) Thr prymrnt of any money that may ix rdvrncrd by the ~tortgagrr to \inrtgagor for any ` r:.,.un or to third parties where tree .amount, arc advanced to protect the security ur in accordance with the covrnanh of this ylurtgage. ' '~Il pJymrnts made by Murtgegur on tree ubGgrtiun ,reared by thi+ Murtgrge steal! hr applied in the following order: f IRST: To the payment of taxes rnd as+rs+nnnts that may be levied rnd a+xssed agrin+t ,rid premt+e+, incurrnce prcmium+• repair,, rnd all other charge, ••J expenses -rgreed to be paid by tin Mortgagor. SfCONU: To the payment of mterr+t due on ,aid turn. IIIIRD: To the payment of principal. ir! 1'RI?11'.1'I THE tih(•l'RITI' IIIKFO1. MOR7(:AGOIt ('O\I t:\\fS \\U A(:RIFti. !i17o kr.•p +Jt.l prrmi+r, rn+urcJ J~Jrn+l lire JnJ .u.h other +~!+elUe+ a+ the Mortgagee may specify, up Iu Ihr full value u) JII uupnwrnrrnt, t~rr the purtr+nun rrt ~lurt!:J~er ur +u, h :nannrr. rn ,urh Jnnrunt,. Jnd in +urh ~•c!1•Jnle+ a+ Mortgagee ms)' from lone to tune rppnrcr. rnJ br keep Ihr IHnc~ie+ thrrrti~r. properly rndur+ed, un Jrpu+tl s+tth MurtgaEer. Jnd that lu++ ;'r,..eJ+ Ile+s rxprn+r+ of cullrcUunl ,hell. rt Murtgrgrr•+ upUon. be appheJ un vr.; urdrhtrdnr++• whether due ur nut ur~.hr the rr,turJUun nI wJ I~nrti'rnrenh. In event of lu+s Mortgagor ++ill gtsr inunrJrak• noUir h} need to-ihr \lurtgagrr olio mJy nuke proof ul to++ rl nr~t mJdr pr,mrptl} h} ~I•~rtitJgor, anJ each inwrancr cumpJn} .uncernrJ hrrebt nrlhnnird anJ rLtrcteJ G~ mal+: pJ~nu•nt Gar ,u.h Lr+. drrc.tl} hr \IurlgJerr m,tiJd of ~t~•rt_•agur. 12?To pry ell taxr+ rnd +prciel rs+r++nxnh ul my LmJ That hrvr brrn or may hr kvnJ ..r J++r++rd upon +md pn•nu+c•+. or am part thrrcof t3) In ~vrnt of defeat( by Mortgagor unJrr Paragraph, i ur ? rhu+:. \lurteagee• at tt+ uphun t~+hrthrr elr+hne Ur drelJtr the whole urdrhtrdnr++ +r.un•d hrrrhy anJ adlrctible ur natl. may tat rlle.t rtes in+urancr Jhu+r pn!•.ulrJ fur Jrtri pr} rtes ree+rmahk pn•ntntm, Jnd charge, thrrctnr. Ihl pJ+ JII ,red lJxr. an.1 .:..merit, without drterntrnmg ihr +ahdrty therrut..rnJ r: t pJ} wch brrn JnJ JII .u.h dnbur+rmrnt+ .hall tti• drrrnr.l a I*Jrl of the mdrf•trdm•+, .rcurrJ h} i ~a. \tnrlgagr anJ ,hall be immrdretely Jur rnd pe}elite by MurtgJ~ur Iu MnrlgJger. la! Tu keep ihr hwlding+ JnJ other rmpnnrnn•nr, nun ur hrrcattrr tr.l in gout cunJitwn rnJ repJrr. nut to uunnrit ..r ,offer Jn} wJ,tr.ur Jny u.r of ,Jed prcnrr+r.:untren t.. n•,tn.Uun ur rc,urd ~~r .~mrran to Iru+• ,~lrnances ur rrgulation+ of proper public authunty• Jnd to lxrmtt Mortgagee t.. enter at JII rra,unatdr Unu•+ fur the purlr.r+r ul rn,lx•cung the premt+r+. nut r,~ rcmuvr ur drmoL+h my huilding ttnreon: to complete within One Hundred 1 rehty 11k111 Uay+ ur rr+torc pnrmptl} Jnd to a gu•"1 rnJ +urrkmanhkr manner ,m huilding which may br constructed, damaged or destroyed therrun and to pry. +s hen due. JII steno, lur Iahur performed Jnd materiel furnnhrd !hrrefor. r that the time of payment of the indebtednr++ Inrrhy secured. ~r of any pnrhon thrrrrf. may tx• rVrndrd ur rrnr+crd rnd any purtam+ of the prrmt+r+ rem dr+cntnd may, without notice, tx rckrard from the tern hen•of. without relee+rng or atfr:hng Ihr per+unal LehiLly ul en} per+on ur :urpurruun for the merit of ,aid indrMrdnes+ or the lien of This in+trument uprin the remaind~•r of +rrJ prrmi+r+ for the full rmuunt of +arJ mJehtedne++ then rcmrrnmg :n{~JiJ. Jnd no change in Ihr uwnrr+hip of +aiJ premt+r+ ,hall refrr+e, reduce or utherwi+e affrc: Jny wch perwnJl LrMhtc un the Len herrM crrrtrJ. thl I hat hr t+ ,curd of rtes premi+r+ in fir +unple enJ ha+ !rood anJ lrwiul right Lr :umr} the wnu•: rnJ that hr Jrk•+ hrrrM lure+rr warrant en.1 ++ill forever t~ trod the title and po\srssion thrrcof again+t t~rr lawful clatm+ of any and all per+on+ what+rwvrr. f ~It ~1AA [1MA