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HomeMy WebLinkAbout2345 • 1 MORTGAGEE: 7 6t~ MORTGAGE DEED 4~a3~a3t7 ~ t ~ { AVCO FINANCIAL SERVICES OF HOLLYItf00D, FL. , INC. 51604549 - - - -/+~a MAM[ f1Al~ IVI iIt/l S•OVSr •S M~Mr ~ S_ F'F`.i)ER~T. HWY. C-0OCH DANNY J SALLY K. FORT PIERCE ,Florida 1 hat Mor by grants, bargains, assigns, and cxrnveys unto Mortgagee, the (olluwing deuribrd real estate in the ('ounty of SAIh~~U t~~ State of i~lorida, to wit: i LOT 1A, BLOCK~2, GREENWOOD, A SUBDIVISION, AS PER PLAT THEREOF ON FILE IN PLAT ROOK 11, PAGE 41, of the PUBLIC P.ECORDS OF ST. LUCIE COUPITY, FLORIDA. FOR STREET NUMBERING PURPOSES ALSO KNOWN AS: X53 GREENWOOD DRIVE FT. PIERCE, FL. 33+50 ~ yin Payment Of TaloM rjue On Class "C•• Pr>110t~ d ~ Pursuant 7o Ct»ptar 71.154. ~ a 1f11• ~j ROGER !'Ort1~ Citxk Circuit CouR ~ G"' ••-s ~ t ~ thrr with all buildings and impnrvtments now' ur hruafur erected thrrcun and all ,cereal. shadta, storm sash and blinds, and heating. lighting, plumbing. ~ electric. ventilating, reingtraung and air-cundrtiuning equipment u+td fn connection therewith. all of which. for the purpose of thi+ mortgage, shall be ~ ; tn,J listures and suhltct to the lien htrcol. and tht htrcditaments and appurtenances pertaining to the property atwve described, all of which is referred to r.u;after a+ the "premise:'. I t r H \\'F :1X1) TO f10LD said :and and prcmix+, saute all the nght+. privikgr+ end appurtenence+ thereto txlong:ng. unto mortgagee anal ten hero. executors. _ t~:nni+tratun. wcrtswr+ and assign+. forever. ~+.,•rt_•aeleralw a++ifns to Mortgagee all rent+. iswe+ end prufih of ,aid prrmi+es, reserving the right 'to collect and use the saute, with ur without taking awn of the prcnuse+, during continuenrt of default hercundrr, anal during continuance of wch default authorizing Mortgagee to enter upon said premises ~.t I.r culltct and enforce the rate without regard to adequacy of any secunty for the trxiebtedness herrb} +ecurcd by an} lawful means including I,~t~~nntment of a receiver in the name ul an}' party hrreht. -end to apply Ihr sarnr k++ carsts and expenus of operation and culkction. including reawnable r.?.~r:rry's fee,. upon an} indehtedne+++taurrd herrhv. in such order as ~lurtgagrr ma}' determine. riK THE PURPOSE OF SECURING: 111 Performance of each agreement of Mortgagor contained hrrcin: 121 Payment of the principal win of i Ci, 211 •7~with intrust thereon, as rovided in accordance with the terms and provisions of app s Icy ~inte/Loan Aguemrnt Ihrreinafttr rritrrcd to s 4 16 ~0 4/~~~~ "Promissory Note") dated ~ ( haling a maturity date of .and payable to Mortgagee: 131 The . meat of an}• money that rr;a}• be advanced by the Mortgagee kI Mortgagor or to third parties where thr amounts au advanced to protect the security or in .:I:dence with the covenants of this Mortg-egr. peg meats made by ~iortgagur on tttr obligation secured by this Aortgage shall be applied in the folluw•ing urdrr. f IKST: To the payment of taxes and assrssmrnb that ma}• be levied and assessed against said premise<• in+uranr~ premium;. repairs, and all other charge. i : sprnses agreed to be paid by the Mortgagor. ~1 c 01U: Tu the payment of interest due tin said loan. f FIIRU: To the payment of principal. I PKUIY(T THI SP(~ItRITY HI RFOF. MORTG~GOK (~O~'1 XAXiti -\\1) AGKFi S: r117u keep +etJ purnnr. rmuud e~tarmt tier anJ +u:h urhrr ,Ines e,'the Mortgagee may speert}'. up N/ lift full value of all unpnlsements for the pr.Ittrti.m of \turtgegrr tit wah niennrr, in wah etr.,lunt.. enJ u: wch • enirs as Mortgagee ma} from tirnr to time appuwe. and to ktrp Ihr pa/li,r,s therrfur, properly endllrxJ, tin deport s.rth \turt?egrc•. enJ the; loss _rd+ Ile+s cspenses of collectiunl shell. at Murtgagor'+ option, br arrphed on said indehtrdne+s. •.ahrthrr Jut a net or to the rrsturahun III sar.f r ~n~+•ements_ In rs•ent of loss Mortgagor well give rmmrdietr nutlet by mail to the Mortgagee aho may make proof of tos 0 n%11 made prl~mptly M ~ ~rt_•egor. and :ach inwrancr cumpam' cunccrnrJ is hruhy euthorired end IfircrtrJ III make payment for such III+s Jructh Iu \t~•rtgeger ni.h•ad vt ..••rt~agur. 1_'llu pay all taxis and +ptcral ase+smenbuf any kind that have been IIr may hr Irnrd :Ir esse++ed upam said prrmrsr+. or ar.~ part thrrrlt. r3?In cleat of default by Mortgagor under Paragraphs 1 or 2 abort. \tortgagrr. at rt+ option twhrther rk.ting RI declare Ihr whole indebted^.rss sraured hrrrh} ' .md alllrctiblr or natl. may tat effect the imurancr abuse pnnided fur and pa} the rcasunahle ptemium~ .end :hater, theufur. Ihr pa} ell +aiJ taxr~ end ~•mrnt+ without dttrrminmg the vahdrty thetut, and pet wch tern, end all wah Jishur+tment, ,hall ile Jrrmed~e part elf the indri•t:Jrrs +erured M r ~ \tortgegt and shall be immed:atrly due and payable by yfllrtgagor N Mortgagee. tJr Tu keep Ihr huiiJrngs anJ urhrr impru+rment. now ur hrrraftrr :.;rd m good :undition and repair. nut to commit or suffer any wa+te or any u+t ul urd prrm:srs cuntrer} h>t n+tnaUun ur u.orJ u[ ulmran In laws. ~.tnenrr+ or regulation, of proper public authority. and to permit ~Iorlgager to enter at all tosunahle time. for the purpusa• IIr :mprcting tln prrmi+r+. not • r:rnuvr or demuhsh .ray buiWin¢ thrrcun: to complete wrthm Oar Hundred Fights IIK(,h Ue}s ur rc.tur.• Fv.Impth and rn r gl.,Id .end wurkrnenhkr rnannrr f~urldmg which may br conslructeJ, damaged ur destroyed thrrcun end tv pa}. ~hr.n Jar. ell aamr t:Ir labor per(nrmeJ en•1 raatrr:al tarnished thrn•iur. I-het the time of pa}mint of the mdrhtednc+s Frereby stcuud. IIr of any puruun thercuf. ma) tx extended ur renewed anJ my purhuns of the premrsrs rrta drscntxd ma}', without nutlet, be rclteu•d from the lien hercuf. wlthuut reltevng or eflechng the Ixrsu•t.,l habthq tit rn} penun ur .urpureuun for the ~•~ent of said mdehtedness or Ihr hen of this instrument upon thc• remainder u( sail prenmes f~•: :h•: full anulunt of +arJ inJehlydnrss then rcmaimng :npatd, and nu change in the uwner+hrp of rid prcmr+rs ,hall rclra.r. r,Juce ur otherwnr aftr.t em •u_h hrnunel hahdu} tin the hen hrrrh} created. rht ~ i rt he r+ seised of the prcmrses in fit +imple end has garlld and tes+ful right to can;a•r} the +eme. en•1 t'kat hr does herrb} furrcer warrant anJ will turrsrr Irtrnd the title .end posrssiun tliercof against the lawful claim, of any and all persons uhahcxsrr BU~3,~'~ P~E2343 Ol-017a (REV r1-7~) FL