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Home My WebLink About1467 - , - ~t~3199 ~ ~ REAL ESTATE MORTGAGE (Please print or type all names and addresses) THIS MORTGAGE, trade the Eleventh day of April 1980 , by Robert L. Larschan and Linda C. Larschan (called Mortgagor herein)_ of 2492 S. E. Pinero Rd. ity of Pt. St. Lucie FL 33452 g'~i .o omema ers finance ervice, nc. /a GECC ca a uortgagee herein): - /g' ~vRNESSETH chat Mort~a or has executed this date a promissory note, in the principal sum of 4 8 7.15 _ _ XXXXXXXXXXXXXX~XXXXXXXXXX with interest at the rate stated therein, payable at the offices of Mort a ee in 12 0 - consecutive monthly installmenu. each installment in the amount of S the first installment payable one month from the due of this mortgage unless a differcru date is inserted here .~-1 8 - A n , the balance of installments payable on eves date of each succeeding month thereafter until fully paid. NOW, THEREFORE. oo secure the paytneru and performance by mortgagor of the promissory note, and the performance of the :ovenants herein contained and to itduce Mortgagee to enter into the promissory note with Mortgagor and for good and valuable con- sideration, the receipt of which is hereby acknowledged, the Mortgagor does hereby grant. sell and conve to Mortgagee. its heirs, ' executors, successors or assigns the following described real estate situated in the County of Syt . Lucie , Scare of Florida described as folbws: - Lot 12, Block 65, SOUTH PORT ST. LUCIE, UNIT 5, according to the Plat Thereof, as recorded in Plat Book 14, pages 12 and 12A through 12-G , of the P b~elsh~red ~ e ofd t. 1~u~}~ County , Florida . uus ~ « ~rR~rp~M~~onM~P+rN. - pursvant To Chtspbr 71.138. Anti O~ 1p71. ROGER POITII/fr8 ~ ~P. - Cts?!< Clrcuk Court, St. Lut;M. Ca, FW. 9- 2 7- 7 4 ,recorded ~ being and intended to be the same premises conve ed to Mortgagor by deed dated ~ 2 ~ 4 in the Office of the 9 - 3 0 , I9 7 in Florida, Book 2 3 2 ,page _ . rk of the Circuit Court of St . t. t_t ~i e__ County, Together with the improvetneats hereditaments, and appurtenances thereto now or hl:r+eafter belonging, the rents, issues and profits thereof, and all fixttues now or hereafter aaached to or used in rnnnection with the prctttises described above. To have and to hold the above mortgaged property unto the :Mortgagee, tilortgagee's heirs, executors, administrators, successors or assigns, to Mortgagee's own proper use, benefit and behoof forever, provided that upon full payrtxnt and performance of the promissory note, and the keeping and perfortnartce of all the covenants stated herein, then this Mortgage and promissory note shall be null and void. otherwise to remain in full effect. Any t+ettewal of the promissory note, or the extending of payments of any installment thereof shall not waive any rights of the Mortgagee created hereby. Should the premises above described be sold orconveyed or in the event any mechanics, tnaterialmen's. workmen's, judgment ortax !icns lie against the promises. or this or any mortgage covering the premises shall be in default, on or after the date hereof or should the . promissory note be in default, then the indebtedness se:urcd hereby, tottether with accrued interest to date shall at the option of 1~tortgagee - ~mmediately become due and'payabk, anything therein to the contrary notwithstanding. Lpor. such default or any default in the perfomtance of the covenants herein, Mortgagee may enter upon and take possession of the ' said premises. tecl.tve fie rents and profits thereof and to apply the same toward the payment of taxes, upkeep of the property and the ~ - iullfiilment o: the covenants of this mortgage: or at the option of ~tortgattee. to caux a receiver to be appointed: or to sell or cattle to be sold the property hereby tnortttagtd and [o convey the same to tht purchaser. pursuant. to the statute in such case rttade and provided and out of the proceeds of such sale to retain the moneys due under the terms of this mortgage, the cost and charge of such sale, and a I reasonable attorney's fee. rendering the surplus money. if :try, to the `1rtgagar. Mortgagor will keep the premises fully insured against loss by fire and lightning and such other risks as Mortgagee tray require. with insurance company or companies satisfactory to Mortgagee. for the benefit of ~tortgagre and in default thereof Mortgagee may. but shall not be obligated to. insure the same. Such expenditures for insurance by Mortgagee shall become so much a~itional indebtedness secured hereby. `1ort¢agor shall provide, upon Mortgagee's request. evidence of insurance coverages. which coverages shall also provide for o !en 1 10) days' prior written mice to mortgagee of any cancellation or material modification of insurance. Mortgagee shalt have the op- tion to receive and apply the same on account of the indebtedness secured hereby or to permie said mortgagor to receive it and use it or Inv part thereof for other purposes without thereby waivin¢ or impairing ;try equity, lien or right under or by virtle of this mortgage. Vo building on the premises shall be removed or demoiishel; without the consent of Mortgagee and Mortgagor Covenants not to :ommit or permit waste of any kind upon or on said property. Mortgagor will pay all taxes, assessments or water rates. and any mortgage installment on this property and in default thereof. ~lortga¢ee may pay the same, but shall not be obligated [o do so notwithstanding the security hereby provided for such. Mortgagor shall x in default under this mort¢a¢e. and the amount paid shall be so much additional indebtedness secured hereby. The failure of Mortgagor to gay any part of any instailrrtent of taxes.:usessments ~r insurance premiums under the provisions of this -nortgage a[ the nme or rimes when wch items are aue and pay-abit. shall :onsNn~te wore within the meaniijg of applicable Florida taw. ~m• amounts paid b. ~ton¢ag-e for insurance.:axes. assessment. water rate. and ;tn. mortgace mstallment on this property shall bear nre:esc at the htQhest !awful :ontract rate, and shall be paid by Mortgagor upon .iemand. `tortgagortct !ir:ehs rttirtyuish all nchts of homestead. This cnonQaQ. hail inure to the benefit of the suc:essors and issiens of Mortgages .end shall be binding upon the heirs, executors. ~~c.essots and ieE~l representatives of Mort¢agor. - - (Y Wi'T~iESS WHEREOF. Mortgagor has si¢ned this ~nstrumrnt on thr •tlay and year t I ai~ve •xntten. ~~ened and i erect in the rice Jt: ! ~ - 1 `r``` Robert L. Larschan Y / 1 prtg3QOf) ~ ~ ~ ~ , , ~ cs ~ ~ ~ - ~ Linda C . Larschan 1 Mortgagor) n.•~~ N-~tnrsses must stmt ~npe ur pnnr n~mts ptnearh sigrtatnrt~ Tits instrument was prepared by: K • Graham Homemakers Finance Service, Inc. d/b/a _ GECG fL~ANW?l SERVICES 1 Documentary Stamp Here) ~ ~4? ~u~ a=i?C1 LAKES tW4. Y , Crcss? SUITE I1 Z r ~~n if .lxu tams a atfiaed here. they have been e~oK~~ PaGE14 wEST rAul? ~?cII, as p ~`i'"°` - • .ah~ed eft te:.. :