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Home My WebLink About1685 • MORT~iAGE DEED 4'~)41~9 ~ ~do~' services of - Hollyrlood, Fl. Inc. Ewa rwut nr+sr ~r~rue ssouas•s rwut P 0 Box 4311 w Slater, Mae 8the1 Ft Pierce rL .Florida That trio hereby grants. bargains, assigtts, and eonreys unto Mortaage~e. tl~ jo~° ; ) described teal estate in the Cewnty of - SaiLuCie .sate or F'lo~ida; lib brit{: ' ) Lot 3, Block 3, Paradise Park, Piglet book 8, page 1?, as recorded - in the Public Records of Saint. Lucie County, Florida. - A.oewae • LI In'erT«+t gibe., . - - ot» ot+ clan ~ l~~.Reronal•~+.,,,?~ - - - •t,•.wtn Ta c 71~ 154,, I?m. a +a>r,, ~ooa~ ra~us ~ - c~ c+rowl nowt, se, way, co.. A.. • • t ~ r - O_ ~!'~f ? ~qG ~~-w~ T9L. ~ w. r c ~o ~ i ' . • • ~ oo+ b „w..., s, s M,M~ wrf ~ ~PMf ~i. • rNaf 1•. ~ V.wf - Also Itztotrta for street ><iurabering purposes as: 2303 San Marcos. ' together with all buildings and improvements now or hereafter etectrtid thereon and a!1 screens„ shades, storm sash and blinds, and heriirg, li6hting, plumbing, gas. ekcttlc, ventila:ins, rcfrigeratirtg and atr.~onditioning equipment used in connection therewith, all of which, for the purpose of phis mortgage, shall 6e deemed fixtures and wbject io fire lien hereof, and the hercditaments and appurtrnatrces pertaining to the prop: rty above descrbed, all of which is referred to hereinafter as the "premisei ' - - - • TO fdAVE AND TO HOLD said land and premises. with ad! the rights, pmikgrs and appurtenances thereto bebnbing, unto mortgz~ and .his heirs, executor, administrators, successors and assigns.. forever. - lfortgagor oho assigns- to MortgageE all ants, issues and profits of said premises, rcservirrs the right to collect and use the same, with or without taking possession of the premises. during wntinuance of default hereunder, and during srontinuance of such ektwit authorizing Mortgagee to enter upon said premises and/or collect and enforer the xarrte without. rrEard to adequx-y of any seevtity for the indebtedness hereby secured by any lawful means including appointment of a ree~eivrr in the name of any puty hereto, grid to apply the same kss costs and expenses of operation and collection, irrcludirrs reasonabk attorney's :sex, upon any indebtMrrrss srevred hereby, in such order as Mortgagee may determine. FOR THE PURPOSE OF SECURING: (1) Performance of each agrsxment of Mortgagor contained herein; (2) Payment of the ptirtcipai sum rat S 430?•43 with interest, as provided in aexordatroe wiW the terms sad provisions of a Promtsscry Note/Loan Agrcement (hereinafter referred to as "Promissory Note"? dated _JAhCARY 30 1980 , maturity date FEBRtT~tRY 1ST19~~~ ~ paYabk to the order of Mortgagee,. to which Promissory Note reference is hereby made; (3) Payment of any additional advances, not in a principal sum in exexss off ,with in!r:est thereon, u may hereafter-be hatred by Mortgrgee or the then holder of his Mortgage to Mortgagor, each and every advance to be evidenced by Ute Promissory Note of Mortgagor in the amount of the advance; (4) The payment of say money that may be advanced 6y the Mot~tgagee to Mortgagor for any reason or to third parties where trio amounts are advanced to protect the sesrtriry or in accordance with the covenants of this Mortgatte. :1U payments made by MortP6or on the obliptioa secured by this Mortgage shall be applied in the foUowittL order. - - FIRST: To the paytneat of isxes and assessrner?ts that may be levied and assessed against said premises, inwrance ptemiumt, repairs, and all other charges ar±d expenses agreed to be paid by the Mortgagor. CECOND: 't'o the paymetrt of interest due on said ban. - TN1RD: To the payment of principal. TO PRnTECT TItE SECt1RITY HEREOF, MORTGAGOR COVL~IANTS AWD AGRF:FS: (!)Tel keep said premises inwred ag:rirst fire sad such other ~asuaities u the Mortgagee may spaify, up to the full value of all improvements for the prutectio~r of Mortgagee in such manner. in wch amounts. and in s:re'h companies as Mortgagee tray from time to time approve, and to keep the policies therefor, properly endorsed. on deposit with Mortgagee, and that loss - prcx-eeds (less expenses of ooilection) shall, at MortgaEre's optio:r, be applied on said indebtedness, whether due or not or to the restoration of said ~mprovrments. In event of bss Mortg~ot will gtve immediate-notice by malt to the Mortgagee who may make proof of loss if not made ptompUy by Nortgagot, artd-exit inwnrta company concerned is hereby authorized and directed to make payment fir wch loss directly to Mortgagee instead of >(ortgagor. (2) To pay all axes and special assessments of any kind that have been or may be levied or assessed upon said premises, or any put thereof. (3) In the event of default by ifortgagor under Paragraphs ! or 2 above. Mortgagee, at its option (whether rkcti»g to declare the wherk indebtedness secured hereby due and ex?Utciibk or trot), may (a) effect the iusunr:eY above provided fvr one! pay the reasonable premiums and charees therefor: (b) pay all said taxes and assessments without detemeining the raliiity thereof, and (i-) pay wch liens and ail wch disbursements shall be deemed z patt_of the indeMedrl!•ss seevrrd by this :ifortgase and shall be -immrdtateiy due and payable by Mortgagor to 3lottgaEee. (4? To keep the buildings and other improsrctnents no:: or hereafter erected m Food condition an9 repair, not to commit or suffer any waste or any use of said premises contrary fo restriction or record or contrary to laws, ordinances or regntatiotrs of pcopar public autlroriry, sad to peratit ldurtaasee to enter at ail reascrna6k times for the pnrpose of inspectb>!t the premises, nest to remove e» demolish say burWirg tllereoa• W cowpktt wiUria One Hundred Eighty (1110) Days ex restore promptly and is a good and workmanlike itiurrier soy building which tray be constructed. daraa6ed ex destroyed tbeteoa sad to pay, robes Clare. ap c~ for labor pMotmed and material furnished therefor. i5? that the time of payment of the indebtedness hereby secured, a of any portion thereof, easy be extended or eeriewed and grey portions of the premises herein described may, without notice, be released from the {ten hereof, without rckasirg er affecting the personal tiabiGty of any person or corporation for the paytneat of said indebtedness or the lien of the irtstrutnenl upon the remainder of said premises for the frail amount of said indebtedness then remaining unpaid. and fro change in the ownership of said premises shall release, rcdu.~e ex Mhcrwise affect any wch personal liability on the lien hereby created. (6) That he is seized of the premises in fee siinpk and hu good and lawful riFJrt to cvnvty the same; and that he does hereby (orever wurani and. will forever defend the title and possession thereof agatnst the !awful claims of any and all persons whatsoever. 0l-04T5 (a-73) Fl ~4