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MORTQAQE DEED AND 8ECURITY A ~ ENT 3
• ~ THIS MO.RTt;A~ DBBD (tlw Mortga8s), dated w d J a n n a s Z~. 1!i 8 ~ bIt u+d. b~ewNn .
_ aii~. ~.:~-Her=v_~an. sad., Ilarbar~ ..a.:-~ie~~eP~w~•.3,~ie.,~i~~ ;
(heeelna[tercalledMortiaior),atsd Suo Bank o! St. Laeie. ConntY. ,6avinian
• ottio~et 1.11, Orange l?venne, host Pierce, .~~(hereiaatter~alledUtoe~st~«)~
WITNS88817~I, that iA oousidststiou o[ !hs prsreisss and Its order to secure the payment at both tbs ot, and
iatersst and atgr other ssnas payabis oa tM note ~(as 6srelnattK dst[nsd) or thin lrlertpp and the pedo:matsoa and ob-
asrvanae of aU of the provisions hsrsot and of said swtsr >Ildttgagor Mrab7? grants, asW; warraub. alisrn, remises,, rsisasw.
convsysr assizes, transtsra, asottgaps and ssb oust sad eossfisnts onto lw[oetgslgrs, all of Atorfpder'a sst~ts,, right, tltls and
_ Irstsrwt ia, to sad under aq that wetain real propsrq? sltwte in St . Lucie t7osmty, Florida acre partlculafi?
described a. tolbws: ~ .
Lot , Slock 71, COONTRY I;IVZNG $STI?TBS, .OMIT 1, according .
te' the~`~pl~lt thereof. •-as'~acorded in Plat Book' 18, page 1~3,
of the Public Records of""St. Lucie County, hlorida.
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- - - - ~ R.clree • f~ : M Pavntmtt 0[ Tetat
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T AT E a ~ ~ L U F? 1 D ~ f ous On Class C Intarplb~ Patsonttt °raP+~t1?~
UOCUM_ENTARY STA M y T X 1 W?susM To Chaptat 71.184. Aatt Or/+8~1.
cC DEPT. OF REYENIiE ROOER.POITRAS
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~ = P.B. - ~ E d -5•tQ ~ ~ , O S. 6 O ~ Clar! Circtdt Cotxt, LYCN, CO., r•t~.
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TOGETHER WITH all improvemenb now or heredter located on said red property and all ti:tur+es, appliass~~+s,
apparatus. equipment. heating and air conditioning egniPasent, machinery and articles of personal Property and replacement
thereof (other than those oweed bq lessees of said rest Property) naa or hereafter atflzed t0. attached to, placed upon, or
used in any. way in connection wrath the complete and oDmtortabie use, occupancy. or operation of said real Property. all
licenses and permits used or required in connection with the nee of said real property. aU learns of said real Property now or
hereafter entered into and aU tight, title and interest of Mortgagor thereunder, including without limitatioq cash os securi-
ties deposited thereunder purasant to said leases, and aq rents, issues, Preooeds. and profits accruing from said real Property
and together with aU proceeds of the conversioq voluntary or involuntary of spy of the foregoing into cash or liquidated
claims, including without limitation. Proceeds of insurance and ogndemnation awards (thp foregoing said .real Property.
tangible and intangible personal properly hereinafter re[erred to as the Mortgaged Property). Mortgagor Lereby grants
to Mortgagee a security interest in the foregoing described tangible and intangible personal Property.
TO HAVE AND TO HOLD the Mortgaged Property. together with aA and singular the tenements. bereditaments and
appnrtenancea thereunto belonging or in anywise appertaining- and the tevenion and reversiom thereof and all the estate.
right, title. interest, homestead. dower and tight of dower.. separate estate, posses~ioq claim and demand whatsoever. as -
weU in law as in equity, of Mortgagor and unto the same, and every part thereof, with the appurtenances of Mortgagor in
and to the same, and every part and parcel thereof unto Mortgagee. -
Mortgagor warrants that it. has a good and marketable title to an indeteadble tee estate in the Mortgaged Property
~I subject to no lien, charge or encumbrance ezcept such as Mortgagee has agreed to accept in writing and Mortgagor covenants
that this Mortgage is and will remain a valid and entorceabfe first mortgase on the Mortgaged Property subject only to the
exceptions herein provided. Mortgagor has fug power and lawful authority to mortgage the Mortgaged Property in the
manner and form herein done or intended 6ereatter to be done. Mortgagor will preserve such title and will forever warrant
and defend the same to Mortgagee and will [cravat warrant and defend the validity end priority of the lien hereof against
! the claims of aU persons and parties whomsoever.
Mortgagor will. at the cost of Mortgagor, and without ezpense to Mortgagee, do, execute, acknowledge and deriver all
and every such further acts, deeds, conveyances, mortgages. assignments, notices of assignment. tranders and assurances as
Mortgagee shall from base to time require in order to preserve the priority of the lien o[ this Mortgage or to facilitate the
performance of the terms hereof.
PROVIDED, HOWEVgR, that ii Mortgagor shall pay to Mortgagee the indebtedness in the principal sum of
= 4.315.2 3 sr evidenced by that certain pronniasory note (the Note), of even date herewith.. executed by
Mortgagor and payable to order of Mortgagee. with interest and upon the terms as provided tber~eio, and together with all
other sums advanced by Mortgagee to at on behalf of Mor~~o~ pur~ant to the Note or this Mortgage. the tmal asaturity
date o[ the Note and this Mortgage being January 28, 1965 ~ and shall perform all other covenants and
rnnditions of the Note, all of the term of which Note are incorporated herein by reference as though set forth fully here-
in, and of any renewal, eztension or modification, thereof and of Was Mortgage, then this Mortgage and the estate hereby
created shall cease and terminate.
Mortgagor further oonvenanb and agrees with Mortgagee as tolbws:
1. To pay all sums, including interrest secured hereby when due, as provided for in the Note and any renewal, eztension
or modification thereof and in this Mortgage, all wch sums to be payable in lawful money of the United States of America
at Mortgagee's aforesaid principal ottiee, or at such other place e• Mortgagee may designate in writing.
2 To pay when due, and without. requiring any notice from Mortgagee, all fazes, anessasenta of any type or nature
and other cLarges levied or assessed against the Mortgaged Property or this Mortgage and Produce receipts therefor upon
demand. To immediately pay and discharge any claim, lien or encumbrance against tbs Mortgaged Property which may be
or become superior to this Mortgage and to permit no default or delinquency on any other lien. encumbrance or charge
against the Mortgaged Property.
3. It required by Mortgagee, to also make monthly deposib with Mortgagee, in a rwn-interest bearing account, to-
gether with and in addition to interest sad Principal. of a sum equal to orte-twelfth of the yearly fazes and aressments which
essay be levied against the Mortgaged Property. and (it so required) one-tweUtb of the yearly premiuas~ for insurance
thereon. The amount of such taus, assessments and premiua», when wskrwwn, shall be estimated by Mortgagee. Such
deposits shall bs snarl by Mortgages to pay such fazes. aewsmenb and premiums when due. Any insut~cieacy of such
1HIS INSTRUt.!Et~? pREP.1REt) t3Y
Sun Bank f St. L~~.ie County
i by -
RT iERCE. ! ~Ctei:ui• ~
.>to en~~Tta cF~.nNt2 ST~tt-E