HomeMy WebLinkAbout2979 ~ ~
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4'78689 • . ~gR~ACEE: ~ ~
M4RTtiAGE DEED
u OF HOLLYWOOD= FLr INC
551+09588
?sT M!4[ •IA3T IMI TIAI lSOl13r •3 MSM[ T'/~=,~~{~i
FITZWATER 'N-'- ~ MARY E FT PIERCE. •w_ ,Florida i
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That Mortgagor gr}nts,. bargains, assigns, and conveys unto Mortgagee, the following described real estate in the ('ounty of
ST TQCIE ••^r `r, t ~ .State of Florida, to wit:
I:OT 5 LESS THE ' ~ •2'2:24 FT THEREOF AND TAE W~..IST 27.14 FEET OF LOT 6, BLOCK 5 OF PLAT OF
S'J~ISET PK,;'A~ 7rVISION ,ACCORDING TO THE PLAT THEREOF AS RECORDID IN PLAT BOOK 11, PAGE
2R OF THE pU~RECORDS ~OF ST LUCIE,
RERECORDII) OFFICIAL RDC
TLOCK 285, PG 530 0~''"~ P'i?~.IC P~'G OF ST L~CIE . COL1N'?73
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Ratahr~et! • In Pa~ftnt~rtt 01 T
Ous On Class "C' IMattpibla PrrttorlM
°ursuant To Chapter 71. 134 ~
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ROGlR POITH11$ _ ~
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i~S,SO KNOWN FOR STREET NUMBERING PURPOSES AS;
X21 WISTERIA
PIERCE, FL.
331+50 t
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'i i.~~_rthrr with all buildings and impnwcmrnts now ur hereafter erected thereon and all urerns, shades, storm sash and blinds, and heating. lighting, plumbing,
~ electric, vrntilaUng, refrigerating and air-conditioning eyuipmrnt used in connection therewith, all of which, for the purpose of this mortgage, shall be
~ .I.~med futures and subject to the lien hereof. and Ihr hereditamrnts and appurtenances pertaining to the property above described, all of which is referred to
~ t~_rrinaftrr as the "prcmisri'.
iii 111~'E AID TO HOLU c:+id land and premix,. with •all the tights, pnvilrges and appurtenances thereto belonging, unto mortgagee and his heirs, executors. j
:.imimstraturs, sucY•esson and assigns. forerrr.
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~I•vtgagur also assign+~tu Mortgagee all rents. issues and pruGts of said premises, reserving the right to collect and use the same, with or without taking
r~~se+eiun of the prernisrs, during cuntinuanr of default hereunder, and during continuance of such default authorizing Mortgagee to enter upon said premises
,n.f ;/r collect and enforce the came without rrgud to adequacy of any security for the indebtedness hereby secured by any lawful means including
p,untmrnt of a receiver in the name of any poly hereto, and to apply the same less costs end expenses of operation and rullectiun. including reawnable
,It ~rnry's fees. upon any indrbadncss secured hereby. in wch ordrr ac Atortgagrr may determine.
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i)R TFIE PURPOSE OF SECURING: Il) Performance of each agreement of Mortgagor contained herein; (2) Payment of the principal sum of l
_x.582.98 with interest thereon, as provided in accordance with the terms and provisions of a Promiswry Notrfl.oan Agreement (hereinafter referred to
`Promissory Note") dated i ~2-28-80 having a maturity date of b3-06-84 ,and payable to Mortgagee; (3) The
p~_I r.~•_nt of any money that may be advanced by the Mortgagee to Mortgagor or to thud parties where the amounts are advanced to protesa the secunty or in
..rnrdance with the covenants of this Mort(t*age.
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1 ~i: payments rnade by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order
! IRST: To the payment of taxes and assessments that may be levied and assessed against said premix=, insuran.r premiums. repairs, and all other charges
~,i ~•spenses agreed to be paid by the Mortgagor.
tiFCOND: To the payment of interest due on said loan.
f F11 RD: To the payment of principal.
i ~ r PR07FCT THE SF('URITY HEREOF, MORTGAGOR ('OA'F \.A\TS AtiD AGRELS: t 1? To krrp said premises m+ured agam+t her and +uch other
,~;~altirs as the Mortgagee may specify, up to the full value of all nnpn>vrmrnts for the ptotrruun of ~turtgagrr in wch manner. in su.h amount+. anJ m su.h
rapanirs as Mortgagee may from time to time approve, and to krrp the policies therefor, properly endorxd, un depus+t with Mortgagee. and that loss
~ ~fn~.teds Iku expenses of collection) shall. at Mortgagee's option. br applied on said indebtedness. whether Jue or not or to the re,toration of said
+~,prwements. In event of Toss Mortgagor will give immediate notice by mail to the Mortgagee who •may make proof of loss if nut made promptly by ;
~I,•:tcagur, and :ash inwrancr company concerned is hereby outhunted and directed to make payment fur +urh lus+ directly to ~turtgrgrr insterd of i
~ ~:•ut~agor. (21 To pay all taxes and special assxssmrnts of any kind that have been or may br kvted ur a+xs+ed upon said premises. or any part thereof t In
:h-, went of default by Mortgagor under Puagtaphc 1 ur 2 above. Mortgagee. at its option rwhrthrr rlcchng to declue the whole indebtedness secured hereby ,
~ ! it and culkrtible or.noq. may (al effect the mwrance above provided fur and pay the reasonable premium, and charges therefor. (b) pa} all said taxes and f
t ~.ments without determining the rahdtty thereof, and tc? Day such hens and all such disbursements shall be deemed a part of the mdebtednec, +erured by
'h~~ yortgage and shalt be immrdiatrly due and payable by Mortgagor to Mortgagee. 141 To keep fix buildings and other improrrrrient+ now or hea•atter ;
. ~:ird in gM?d condition and repair. no! fe eo^:mit or suffer s:sy :io=ta or any us- of ;s:d ;.senr:sec o^tran to restriction ut srs~~rd o? .ors!rasy !'•esss.
~r.iuianrrs or regulations of proper pubhc authority. and to permit Mortgagee to enter at all rracunablr times for the purpose of in+prrung the premi+es, nut
• r_•more ur demohch any building thereon: to complete within One Hundred Eighty (ISOi Days or restore pn+roptly and in a good and workmanlike manner
building which may be constru:red, damaged or destroyed thereon and to pay, when due, all clone:, fur labor performed and material furmshrd therefor.
i 1 hat the time of payment of the indebtedness hereby secured, ur of any portion thereof, may br extended ur renewed and any porduns of the prrm+xs
berate described may, without notice, br rekaxd (rum the lien hereof, without releasing or aflecung the persunrl IubiGty of any person or rorpuroUun for the ,
~.i} merit of said indebtedness or the lien of this instrument upon the remainder of aid prrm?sr, for the full amount of said mdrbtrdness Ihrn remaining
:npaid, and no change in thz ownership of said premix= shall relea+r. reduce ur otherwise affect any such per,anal liability un the hen t+rreby created. tbf
f hat hr is =aired of the premises in frr simple and has good and lawful right to convey the wine. and that hr dots hereby forever warrarl and will forever
,lrfrnd the tick and possesswn thereof against the lawful claims of any and all persons whatsslecrr.
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