HomeMy WebLinkAbout0831 . ! _
Atr~
~^s t~ ,'S of
~ , ,
NIORTGAriE DEED ~ Avoo Fiaalec>lal Services,! ,~,t i
4~a~i51~ Hally~food, Fl. Inca
t ..~T MIUr 'liar ~ grtlAl !t•pysr f MAMR 25~J2 8• Federal Hi iwtw
Anderson Tachol B. • ~ Ft P~.erc! . Florida
That Mortgagor hereby Grants, bargains, sssiGns, and oomreys unto Mortgagee, tllr: following descri0.~d~ veal egrets in the County of
S~~ ,State of b'lot~da,.to wit:
Lots 6.7, and 8, Dlock 4, Hal~ten :~~t~e, Flat
book 10, Patge 28 accordinS to the public ret8orda of
• ~ St Lucie County, l~or3da. _ j
IlcrxirEe : aG.s`~ ~ ?itnl~lfir-a Tuoa -
al~ e• asp ~
any i?aalsaut nlo~lnr. -
. ?wswulr n r~tlilPTElI 71-13~, i>c~s OF 1n - }
R(ICEIi NiftRAi
- ~I t~ COIiRT, iL wCfE ~ lsA,
~ r. ~ - - -
t~ t•- -
' -
i -
. ~ ~
r
Otn s TiI.~ nb+ .Y r,b~~[ 91t i LAr•
f. ~ ~ -
• • 1 • • 1 - ~ • 1 ~ • 1 ~ 1 - t • 1 -
M~r~ oo
`-"'t r ov'!rr i o°'rr r Qo,M'r r ~o
wr
r, i
,94 O'---~9G- O.-"_, 9L O,°r"4G -~aL 9L. .
t
t .,.tit :M iAW GVt N ,t+NU • J+' U M.tV • - yr O~ ~~1w1 W, :~11ntW - -
'Also kna~tn~ ~lor strei.t ntlmberiag purposes aids 3OW~ -Sta>tnton Ave. .
tug~ther with all buildings and improvements now or hereafter erected thereon and all screens, shades, stone sash and blinds, and heatirtg, tiglltirlg, phialbiilg,
~`as. electric, ventilating, tetrigentrng and air-conditioning equipment used in connection therewith, add of which, for rile purpose of this mortg~re shall be
deemed fixtures and subject to tare lien hereof, and the heteditamenis and appurtenances pertaining to the property above described, all of which is referred to
hercinaftcr as the °prcmises°
TO HAVE AND Tn HOLD said land and prcmisrs. with all the rights, privileges and appurtenances thereto belorgirig, unto mortgagee and his heir, execrators,
administrators, suaxswrs and assigns. forever. _ i
~turtgagor also assigns to Mortgagee all ants. issues and profits of said premises, rcserrirtg the right to collect and use the sane, with or without taking
possession of tdle pnmisrs, during contimnnsr of default hereunder, and during rnntin:rartce of such default authorizing Mortgagee to enter upon said premises
andior collect and enforce the same without regard to adequx-y of any security for the indebtedness hereby secured by any lawful means-including -
appeintment ci a rc~civer in the name of any party herettr, and to apply. the same less costs and expenses o[ operation and collection, including reasonable
attorrley'r ices, upon any indebtedrrcss sr-ured hereby, in wch order as Mortgagee may determine. '
FOR THE PURPOSE OF SECURING: (1) Performancr of each agreement of Mortgagor contained herein; (2) Payment of the principal surd of
c X3269.23 with interest. as prided ;n accordance with the terms and rovision: of a Promisso Note Loan A
p ry / gceement (hereinafter referred to as
"Promissory Note") dated 1~1~~ ,maturity date_~2~0'1~9O
_ ,and payable to the "order of. MortgaEa,
to wdtich Promissory Note tefercnot: is hereby made; (3) Payment of any additions;: advances, not in a principal sum in excess of S_ ,with
interest thereon, as may hereafter be loaned by Mortgagee or the then holder of hit Mortgage to 1V[ortgagor, each and every advance to 6e evidenced by the
Promissory Note of Mortgagor in the amount of the advance; (4) The payment of any money that may lx advanced by the Mnrtgagee to Mortgs6G- for any
reason or to third parties where the amwunu are advanced to protect the security or in accordance vrith the covenants of this Mortgrge. -
:1i1 payments made by Mortgagor cm rile obligattiom secured by this Mortgage sh.,,;! be applied in the follMwing order. -
FlRST: To the payment of taxes ar:d assessments that .may Ise levied eau assea:ed against said premises, insurance premiums, repairs, and all other charges
and exppeemacs agtesd to be pad by the Mortgagor.
SECOND: To the payment of witerest due on said loan.
THIRD: To tda payment of principal.
TO PR(1TF.CT THE SECURITY HEREOF, MORTGAGOR COVENANTS AhD AGRI:F.S: (d)To keep. said premises insured against fire and such other
casualties as the Mortgagee may specify, up to the full v,~lue of all improvemetts for the protection of Alortgagce in such manner, in s!rci: amounts, and in wch
companies u Mortgagee t11ay from time to time approve,-and to keep the policies therefor, properly endorsrd, on deposit with Mortgagoe. and that bps -
proceeds (less expenses of oolkction) shall, at Mortgagee's optron, be applied on sail indebtednxss, whether due or not or to the restoration of said
improvements. In Went of loss Mortgagor will give immediate noti:-e 6y mail to the Mortgagee who may make proof of loss if not made- promptly by
~dortgagor, ape! each inwnnce company conoerrsed is hereby authorized and directed to make payment for wch loss directly to Mortgagce instead of
~Nartgagor. (2) To pay all taxes and special assessments of any kind that ;lave been or may tx levied or assessed upon said premises, or any part thereof. (3) In
the. event of default by Mortgagor under Paragraphs i or 2 a(iove, Mortgagee, at it! option (whether electing to declare the whole indebtedness secured hereby
du° and colkctibk or not), may (a1 effect the inwnnoe above provided for grid pay-the. reasonah)e premiums grad charges therefor: (b) pay all said ta~?ts acrd
assessrrlents without determining the validity t:!ereof, and (c) pay wch liens and all such disbursements shall be deemed a part of the indebtedness secured by
!his Mortgage amd shall ire immediately due and payable by Mortgagor to Mortgagee. (4) To keep the buildings and other improrenxats now o: hereafter
erected m good condition and reparr, not to commit nr wifer any waste or any use of said premises contrary to mtretion or record of contrary to laws.
ordinances or regulations at proper public authority, and to permit lliortitager to enter at all rcawnabie titers for the purpose of inspecting the premises, not
to remove of demolish gay building thereon• to c~ornpkte within One Hundred Eighty (1FtT) Days or restore promptly and in a good and workmanlike mariner
any building whi:,h rtuy be constntcted, damstged or 3estmyed thereon and to pay, when titre, all claims for labor performed gild material turnisllcr! therefor.
t 51 Thai rite time of payment of the irr:kbtcdness hereby secured, or of arty portion thereof, may be extended or renewrd and any portions of the premises
herein described may. without notice, be released from. flit lien hereof; without releasing or affectirtg the persalat liability of any person or corporation for the
paym>e!nt of said indebtedness o; the lien of this instrument upon the remainder of said premises for the full amount of said indebtedness then remaining
unpaid, acrd no change in the osraershrp of said premises shall r*kase, redusr or otherwise affect any wch personal liabi!iq• on rile lien hereby created. (6)
That he is seized of the premises in fee simple and has good and lawful right to convey the same; and that hss does hereby forever warc;nt and will forever z
defend the title and possession the-roof against the lawful claims of any acrd and persons whatsoever.
as-o4vs is-ss) ><t.