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HomeMy WebLinkAbout1205 • MORTGAGEE: ~ ~ MORTGAGE GEED 'r Avco• Financial Services of Hollywood, Florida inc. 88808376 2502 S Fed Hwy • a+? NAM[ fll[37 IN171A1 5~0115[•S Nay[ ABEFCFOMBIE .GLORIA N Fort Pierce I ~ f t , t'iufitla I hat Mortgagor he.~bp; ;t`ants.•-' twaaias, assigns, gent ronveys unto Mortgagee, the foUowit>s described real estate in the ('ounty of $t. Lucie ~ : ,state of l'brida, to wit: Soutift jj f ©i -ti3ie' ~.~at s 5u i eat of loge part of Cite ivrj o>< Zile N lying north of Edwards Road in Section 30, Township 35 South, Range East; public records ~ St. Lucie County, Florida. For street numbering also known as: Rt 4 Box 277 - - Fort Pierce, F1. 33~+So ~ q ~ ~ 3 M Payltfsnt Of TaItIN Ous On Class."C" IManptbls parsonslarop~,~ pursuant To Chapgt 71. 134. Acts O~ t071, , . t- ` r - ~ - • ~ • ~ ROGER POITRAS ~P ` ~ - _ - ~ . . - - ~ rls, Chit Co+art. St. hucN, Co Fy„ ~ th:r with all buildings and impmvrmrnts now ur hercaftrr rrccred thrreun andrll screens, shades, storm sash and blinds, and heating. lighting, plumbing, ~I~ .k:tri:, vrnulating, refrigerating geed air-runditioning equipment used in connection thrrrwith, all of which, for the purpose of this mortgage, shall be .!:~rm:d fistu«s and subject to the lien hereof, and the hrreditamrnts and appurtenances pertaining to the property above described. all of which is referred to n, inaftrr as the "p«miar:' • I t t H ~~'N :~XI) TO HOIp srid land and premises. with -ell the nghh. pnvikgrs and appurtenances thereto belonging, unto mortgagee and his heirs, etecutors. ,.;muristratun, successors and assigns. forever. ~1: rteaYUr also assigns to Mortgagor all trot,, owes and profits of said premises, reserving the right to collect and use the same, with or without taking. ...,.run of the premises, during cunUnuan:r of default hrrrundrr, and during continuance of such default authorizing Mortgagoo to enter upon said premises ~:.i ,u collect and rnfur:o the same without rrgarJ to .adequacy of any sectirity for the indebtedness hereby secured by any lawful means including p,nnrment of a receiver in the n:une of any party hrroto. anJ to apply the saner less costs and expenses of operation and callrctiur, including reasonable :!;~:rn:y's less, upon any indobtedness v:urcJ hereby. in such order as Mortgagee may determine. !1R 7HE PURPOSE OF SECURING: (I) Performance of each agreement of Mortgagor contained herein: (2) Payment of the principal sum of - ^ 70.21 with interest tbereon, as provided in atxordance with the terms and provisions of a Promissory NotelLoan Agreement Ihereinafier referred to , • 'Promissory Note") dated ~3-21-~0 having a maturity date of - - 03-28-84 ,and .payable to Mortgagee: (3) The mrnt of am' money that may be advanced by the Mortgagee to Mortgagor or to third parties where the amounts arerdcanced to protect the securih• or in s „Irdance with the covemnts of this Mortgage. •,!1 payments rtrade by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order: f IRST: To the payment of taxes and assessments that may be kvled and assessed against said premises, insuranc~r premiums, repairs, and all other charges ~,J rspenses agreed to be paid by the Mortgagor. - - ~f('O\D: To the payment of interest due on said loan. t HI RU: To the payment of principal 1 1 PKOTE('f THE SE('URITY HEREON. MORTGAGOR ('OVLKA:~TS ANU AGRFf S: t I t Tu krop .aid premises emu«d ayeamst fire and su:h uthor .,(tit`s as the MnrtEajrer may specify, up Io the full value of all unprovomrnts fur the pruto:Uon of Mart~agrr m su:h manner, in w:h amount.. anJ m such ••renies as Mortgagee may from time ro time approve. end to keep the pohcres thrreiur. pnsporh endorse.i, un drposrt wrth ~furtgagre. end that loss ~ ••_rdc Ilrss expenses of collectiunl shall, at Mortgagee's option. br applied on said indebtedness. whether due ur not ur to the ra.turehon of sarJ r•srmrnts. In event of loss Mortgagor will give immediate notice by mail to the Mortgagor who may make proof of loss if nut made promptly by t, r~_egur. and :a:h inwransr :ampany concernod is hrrtby authorized and Directed to make pa?ment fur wch lus~ dirr:tly to yllrrt~afer rn,t:ad ut `•1~:rt:agor. ('1 To pay all lases and special assessments of any kind that have txen or may hr levied or asessed upon said premrxs. ur any pert thereof r 31 In .sent of default by Mortgagor under Paragraphs 1 ur 2 above, Mortgatter, at its option rwhrther olo/ting to declare the whole indrbtrdnos secured hereby ? e and :ullectible nr natl. may (al effect the inwran.r above provided (or and pay the reawnable prrmiurns end :barges therefor. !hl pay ell wed ease. geed ~:~.ments without drtermtning the validity thereof, and 1:1 pay su:h N:ens and all w:h disbursrmrnh.hall h:' deemed a part of the uulrhn•Jnes. sc.urrd M •,r~ ~lortgagr and shalt be immedratrly due acrd payable by Mortgagor to Mortgagee. idl fo krrp the huildm~, and other rmpruvrmrnt. now or h:rcattrr } . red rn gaud condition and repair. nut to commit ur suffer any waste or any use of said premises :untrary to restn:tiun ur re:urd or contras to law., ±rnan:rs or regulations of proper public authority, and to permit ylurtgagrr to enter at all rcasunable um.•~ for the purpose of inspraing the premises. not r:•rruve ar domuhsh any building thrreun: to :umplrtr within Onr Hundred Nighty 118111 Uays ur «.turr pr,rrnptly and m a grK.d and wurkmanlikr manner ~ budding which ma> be constru:trd, damaged or destroyed thrreun and to pay. whin due, r11 alarm for labor porformod and matrnal furnished therefor. :That the Ume of payment of the irtdrbicdness hereby xcured, or of any porous thereof. may tx _•~tenaed ur renewed and any purtrons of ehr premises ~:•.r,m doxnbrd may, without notice, be released from the Gen hereof, without releasing or affr.ting the p:•rsunel hahiGt}'uf any prram ur curpurauun fur Ihr n:+rcnt of said indebtedness or the lien of this instrument upon the rcmaindrr of wed premise, for the full amount of seid indrbtodnou Then rrmarning :npehi. and no change in the uwnrnMp of said premius shall release, reduce ur otherwrsr affect any .:r.h tK•nonal Gebihtc un the Gen hereby created. 1(.I (het he is seized of the premises in fee simple and has good and lawful right to cos;cry thr.wne. and ihet hr drxs M«t» forever warrant and well forever ~k•fend the title and possession thereof against the (awful claims of any and all per.+ms whatsixvrr. O1-Oa7S (REV rr-7a) FL -