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Home My WebLink About1452 • - ~ 8~s-8sa ~9~ MORTG/1GE .DEED AND SECURIT1ft J?t1pEE1N~1~'~~t ~ ~ THIB MOFtTtiAOS OSBD (tl+e irtoetgage). dabd ar o[ Jan~~:.y ~ 1 • ~ 1sl...aQ ~ and bstweeq David L. ~?roher and 1~oaa E. tlrcher, his wife . (hereinateer called Mor#gagot) and Sun Babk .of St . Lucie County , bavirrg an - office at _ 111 Orange )lvenue, Fart Picrce ~ Florida p~J~ Morlg~~; • `if/t'PidS88lSrI'N. that In coneideratioe of the premises and in order b eecnr+~ thR payment of bolls the principal of, end. fnbtwt and any other aeons payable oa t.9re nob (at Mreinaffet de[lned) or this Mort~e and the pederonarroe and ob- seevanos o[ aU of the provitins hereof and of said note. Mortgagor bersLy tru+b. ogle warnab. atiera. temisee, rdeaeee. conveys. assigner traasterer. mortg~ee and sob enter and conrietss unb Mortsagas„ aq of Modgr~gor'a setab. rishf.-title and intstwt i0. b and. under dl that ~osrbin real property situab b S t _ Luc-i a Couat7?. Florida abort pariiwlarly d0lw'lrlbOd M tollOwe: _ Lot -17, Block 2,- SSL AIRS SS_ TIITSS, as per plat thereof,. recorded - in the Public Records of 3t. Lucie County, Florida in-Plat Hook 14, Page 21 - including a 1965-Fleetaood Mabile-eoiae and all iRprovestents - on said property. Serial nutttber a! atobile hotoo ~OL4FS4358 - ~T~ATE: Wit= F=L~~~L:~~ ~ - f . oZ !lNriE>tt OE Tld~- iJ%Uhiftv'ARY STl+h1P Z a ~ . 5 ~ ~ ~f.'u ttflANti~l~ rfltSOliAL 1 •EPi. D~ R[:YENe)E f ~ - iW~t;l•lIr Ta -:tt~rrt3 n-j~, acts ~ t,n . _ = s.~~2s•s~ i~ ~ - ' - 3. 1 ~ ~ ~5 . :;tiBER PtiifltAt ~ - . •p~,.. , . - fx,EiK t1sCINT COWf, fl; tYCE Ca. l~A~ - . TOGETHER 11VITH ap improvemenb raw or hereafter located on said real properly and aU fizturee• appliances, apparatus. equipaesant. heatlag and air conditioning lgaipmeaf, machinery and arlicks o[ personal property and repleeemeat thereof (other than those.owned by lessees of paid real properly) now or hersatter afrrxed t0. attached b. placed upon. or used in any -way in connection with the. oompleb and comfortable use. occupancy, or operation of ssid real Properly. aU licenses and permits need or required in rnnnection with the use of geld real property. all lessee of said real properly raw or hereafter entered iota and all right. title and interest of Mortsagor thereunder. including without limitation, cash or aecuri- ties deposited thereun.~er parsyant to said leeiees, and all rents. iasuas, pra~eeds, and protita accruing from said real Property- and together with aU proceeds of the conversion, voluntary or involuntary of any o< the foregoing into .cash or liquidated claiims; including without- limitation. Proceeds of iasurai~ce and oorrdemnation awards (the [oregoiag said real Properly. tangible and infeasible personal property hereinafter re[enred to'as the Mortgaged Property). Mortgagor hereby grants to Mortgagee a security interest in the foregoing described tangible and intangible personal Property. TO HAVE AND TO HOLD the Mortgaged Property. tosether with all and singular the tenements. bereditaments and appurtenauoes thereunto bebnging or in anywise appertaining acrd the reversion and re+rorsiow thereof and all the state. - right, title; interest. hottnestced, dower and right of dower separate estate. poesesaion. gyro acrd denwnd whntwever, as well in law as in equity. of Mortgagor and unto !be same. gad every part thereof, with th• appartenarrces of Mortgasor is - and to the same. and every part and parcel thereof unto Mortgagce. - ~I Mortgagor warrants that it has a good gad marketable title to an indefeasible fee estate in the Mortgased Property - subjeet to'no lien. charse or encwnbsance except wch as Mortgagee has agreed to accept in writing and Mortgagor covenants ~ that this Mortgage is and will remain a valid ar?d eafor+oeable first mortgage oa the Mortgaged Proptrty subject only to the exceptions herein provided. Mortgagor has full -power and lawful authority to mortsage the Mortgaged Property in the manner and form herein done or intended hereatbr b be done. Mortgagor wt71 preserve ouch title and will forever warrant and defend the acme to Mortgagee and will [stover warrant and deteyrd -the validity arrd priority of the lien hereof asairrst the claims of all persons and parties whomsoever. Mortsagor will, at the coot of Mortgagor. and without ezperne b Mortgsgee, do, execub; acknowledge acrd deliver .aU and every such further acts, deeds, oonveyanees. mortgages. sesisnmenb, notices of assignment. transfers and aewrances as Mortgagee shall from time to time require in order to preserve the priority of the lien of this Mortgage or b facilitate the . performance of the terms hereof. PROVIDED, HOWEVFsR, that it Mortsagor shall pay to- Mortgagee the indebtedness in the principal sum of _ . 8 , 6 4 2 : 8 4 as evidenced by that certain prrmisory note (the Note). of even date herewith, ezecut.~d by Mortgagor and payable to order of Mortgagee, with intered and upon -the terms as provided therein. acrd together with all other sums. advanced by Mortgagee b or o ff ~o t fo the Note or this Mortgage, the finml maturity date of the Note and this Mortgage being `~aA~$~~ ltr'v ~n _ ,and shall perform aD other eavenanta and - rnnditions of the Note. aII of the terms of which Note are incorporated herein by reference as though set forth tally 6ete- ijz, and o[ any renewal. extension os modification. thereof and of this Mortgage. then this Mortgage and the estate 6ereb]? _ created shall cease and terminate. - Mortttagor further rnnvenants and agrees vrith Mortgagee as follows: - - s I. To ! pay all sums, includir~ interest eecrrred hereby when due. as provided for in the Note and any renewal. extension or modirication thereof and in this Mortgage, all each sums to be payable in lawful money of the United States of America at Mortgage's aforesaid principal office. or at snclr ether p!aoe ar Morlgasee may designate in writing. - - - 2. To pay when due, and without-repairing any notice from Mortgasee. ell taus, assessments of any type or nature and other charges levied or aseeased against the Morl~ed Property or this Mortgage anr:l prodnue receipts therefor upon demand. To immediately pay and di~ncharge any claim, lien or encumbrance against the Mortgaged Property ehich may be or become superior -to this Mortggge and b permit no defealt or delinquency on any other lien. encumbrance or charge - - E asainst the Mortgaged Properly. i & I[ required by Morlsagee. to also make monthly deposits with Mortgagee, in a ran•interest bcering aecoun:t, to- gether with and in addition to interest and Principal, of a sum equal to one-tvrdith of the yearly fwd and aaseeements whidr may be levied against the -Mortgaged Property. and (i[ so -required) one-twsl[t6 of the yearly prdminrws tar insurance thereon. The amount of such taus; asee~rents and premiums. when aakrawq shall bs estimated by Mortgagee. 8udr f Ht ~ t,~e pZpi?~tgagee eo pry each taxes, aisemmenta and prem•_~u when due. Any insufrrcieacy of wsh ~ Sun Bap f St~ lncie unty - - -1- . ORT tI:RC[r FLO~d ~ - 112 SOt1IH s1