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HomeMy WebLinkAbout2290 r MORTGAGE DEED 4'~ , ~ ~ 1 OF HOLLY1tI00D, FL. INC 64008132 -502 S FED HWY ..er "~M( n~s• ,N,f1Al svo"u•s "•..c CONCA'VNON c'~RpLD , . ~ J IRIS L ~+'r PIERCE' FI" ,Florida 1 ha1T ~L>StL hereby grants, bargains, assigns, and convsys unto Mortgagee, lhr following drsc•tit?ed real estate in the (bunt)• of S L ,State of Flurufa, to wit: LOT 19 ,BLOCK 9, PORT ST LUCIE, SECTION 25 according to the plat thereof on file inPLAT BOOK 12, PAGES 32 and 32A'through 32l,public records of ST LUCIE COUNTY FLORIDA 33450 - j t = ~ `t - r i ~ _ - , • r ' ALSO KNOWN FOR STREET rIL'~KBEP,ING PURPOSES AS 334 NW HEATHER ST PT ST L't1CIE, FL 331+52 ~ Received ~ ~ N PfyrrNnt Of That ` Due On Clan '"C" inttstlpRlN Personal PropNq, Pursuant To Chspter 71.134. Acts Of 1971. ROGER POITRAS j~ y k CtPrk Circuit Cou?t, St. Lurie. Co.. Fle. / I i t t~>>_ethrr with :dl buiWing+ and impnrvrrnenh now ur hereafter erected Ihercon and all +creens, ahadec, storm sash and blinds, and heating. lighting, plumbing. ~ ekcuic, venttlahng, tefngeratmg JnJ Ju-cunditiuntng ryuipmrnt u+ed in connection therewith, all of which, for the purpose of this mortgage, shall be t ,;..•ntrd tixturcs -and wbjrct hr the hen hereof, and the hereditament. Jnd appurtenances pertaining to the property above descrb.d, a!1 of which is referred to ~ t,, reinafter ac the "prrmi+r: ' { i t) HAV1 A\I) TU HUI I) wd land and prcmi+r+. wuh all the right+. pnvikge+ and appurtenances thcuto trrlanging. unto mortgagee and his hears, executors. .,dmmictratun. wccrswr+ Jnd a++ign+. forever. - j ~I,~T[£JY(~r al+u ac+izn+ to \turtgJgrr all rent.. i+,ur+ Jnd prutih of wt(t prrmi+r,, rr+rrving lhr right to roI1r41 and u+r the same, with or without taking t ~ ,,..r.+iun of the prrmi+r+. during cunhnuarrcr ul default hruundrr. Jnd during cuntinuancr of such drlaull authoriring Mortgagee to enter upon said premises r,J ur collect -and rnGrrar the vnu• without rrgaul hr adryuaiy of any vcunt)• for the indehtrdnrss hrrrby +ecurrd by any lawful means including el+purntmrnt of a rccen•er in the name of any perry hereto. and to apply the wrier kc+ gusts and exprnar+ of operation and collection. including reawnable etturnry'+ frc+. upon Jny mJrbtrdne+, +rcurrd hrrrby. to +uch order a+ Murfgagar may determine. f FOK THI{ PURPOSE: Oh SECURING: 111 Performance of each agraxment of Mortgagor contained trrrcin; 121 Payment of the principal sum of ~ < <4~?1,=,~i2 with interest, as provided in acrurdancr with the terms and provisions of a Promissory Notr(Loan Agreement (hereinafter referred to u I'nrmiswry Note°I dated 1221-To mJturity date _nPaano~Qe ,and payable to the order of Mortgagee. to which Promiswry Nute reference is hereby made; 131 Payment of any additional advances, not in a principal sum in excess of S 6093.32 with ,ntrrect thereon, as may hereafter Ix: loaned by' Mortgagee ur tha then holder of his Mortgage to Mortgagor, each and every advance to be evidenced by the Pmmi+sory Note of Mortgagor in the amount of tlx: advance; (41 The payment of any money that may be advanced by the Mortgagee to Mortgagor for any reaa,n or to third parties where tlx: amounts arc advanced to protect the security or in accordance with the covenants of this Mortgage. i ~ VI payments made by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order: I IRST: Tu the payment of taxes and assessments that may be levied and sasessed against said premises. inwrance premiums, repairs, and all other charges .end expenses agreed to be paid by the Lortgagor. SECOND: To the payment of intrust due on said loan. "THIRD: To the payment of principal- I t r PROTf:('I THE: SI{CUBIT(' HI RFOI , MORTGAGOR (Y)\"I ~:\\1S :1~U AGREES: III Tu krrp .aid pumi+r+ mwud JgJtn,t fire Jnd wch other ..,,uJlties a+ the Mortgagee may specify. up lu the full value of all unpruvemrnl+ fur the purtrchun of \lortgagrr m +uih rnancrr. in wch Jmuunt+. Jnd in wch .,,meanies as Mortgagee may from tune to time approve, and dr krrp lhr pulictec thrrrfur, properly endorxd. un deposer with Mortgagee. and that loss pnnreds Ilcas expenec+ of culkctionf shall. at Mortgagee's opuan, ter applirJ un wxl indrbtedne++, whether Jur ur nut ur to the a+turatiun of said rr•~provrmrnt+. In event of lus+ Mortgagor will give rmmrdwtr nuti.r by mail lu the \turtgagrr who may make pnud of to++ if not made promptly by ~,vtgagor, and each imurancr company cuncrrneJ i+ hrrcby authun~rd and directed t.r make pa)mrnt fur ,u.h la++ directly to \lurtgagee rmtead of Vortgagur. 12? To pay all taxes and +pecial asse+smcnh of any kmd That have tarn ur may hr leveed ur J++C++ed upon +Jtd pomace+, ur arty part thereof 13) In the event of default by Mortgagor under Paragraph. I ur 2 ahuve. Mortgagee. at itc option (whether electing to declare the whole indrbtrdnr++ +r:uud hereby i,u• and cullrctible ar not), ma)' tat effect the inwrancc Jhuvr provided fur and pay the ua.unable pumturn+ Jnd ahargr+ thrrrfur. Ibt pad all wid raze. and ,"e,+rrtente without determining the vahdtty thereat, Jnd 1.1 pay wch Gem Jnd JII wah dr+bur+rment. .hall Ix deemed a part of the mdrhtedn••++ +rcurrd h)' tire. Mortgage and shall be immediately due and pa)Jhle b}' ~t(rrtgagor to Mortgagee. 141 To krrp the building. Jnd other tmpruvrmrnt. now or hrreattrr _re~trd in gaud condition and « Pau, not to commit ar .offer Jn} wa~tr ur Jm u+r of +Jid prrmt+r+ contrary [Yr rc+tri:tior. ur reared ar .antrarc to law.. I ordinances or regulatwns of proper public autlwrity, and to permit Mortgagee to enter at all rra+arnablr ume+ fur the purp(r+r of imprchng the premr+ec, nut a. remove ur demolish any building thereon; to complete within Une Hundred Eighty t I Ii01 Uay+ ur re.tore promptly and in a guaxl Jnd swrkmanlikr manner eny twilding which may be constructed, damaged or destroyed thereon and to pay, when due, all clatmc fur latror prr(ormed and material furni.lied therefor. r ~ t That the time of payment of the indebtedness hrrcby secured, or of any porticm thereof, may he extended or renewed and any p(rrtionc of the premises herein descritxd may, without notice, br rclea+rd tram the lien hereof, without retracing or affecting the prr+unal hatnGty of any permm or curp(ttJUon for the payment of said indebtedness or the lien of this instrument upon the remainder of wid pumices for the full amount of said indrbtcdnecs then rcmatmng unpaid, and no change in the ownership of .aid pumice. shall reka+r, reduce or otherwrar affect any wch perwnal Gabthh' on the lien hereby created. 161 That ire rs seined of the premises in Ter simple and has gu(rd anJ lawful right to cumry the same; and that Fte d(x+ hrrrby forever wurant and will farcver defend the title and possession thereof against the lawful .laim+ of any and -all per+(rns whatwxver. 1>! 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