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MORTQAQE DEED ~AVCO FnaaNCT~T. ~vTr~x nF _
HOLLYWODL FLA,i. INC.
1 ~ '1848 S. Federal ~
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GREENS HAROLD A ANN Stuart ~ as 93 ~ Florid>t t
I h.,t Mortgsgor hereby Grants, barpins, assigns, and conveys unto Martgagec, t~ t a'desrritxd real estate in the County of
Martin ,state of Fbrida. to wit:
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Lot 6, Block 165, SODTA PORT ST. L11CIB, ONTT TEN,
- according to the plat thereof aR.,record~d in Plat
- Book 15, page 2 of the public'rbcords%ef St.
Lucie County, Florida.
4
ltECr~Yr.O s
`~3 I~ Pa~~;rt at Ta~c~s
CUE Oil CLASS 'C tl(TRIi&:iil.Fi PER;:;;?.:.1. t. Tt',
~~'~O P(IR=ii.1Ui TO CHATTER 7F-t?,4, ACTS Gf 19r1.
RC6Eil PCJTFtAS -
CIFRR q~tWT COURT, ST. lUC1E 00. FLA.
Also known for Street Numbering purposes as;
30&4 Pine Valley Road -
Pt. St. Lucie, FL 331+52 -
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tl~gether with all buildings and improvements now or hereafter erected thereon and all screens, shades, storm sash and blinds, and heating, lighting, plumbirrg,
e~., electric, ventilating, rcltigenting and air-conditioning equipment used in connection therewith, all of which, for the purpose of this mortgage, sfull be
d_~ mad fixtures and wbjecl to the lien hereof, and the hercditunents and appurtenances pertaining to the property above described, all of which is referrM to
hrrcuaafter u the "premises'".
1 c) H4\'F AND TO HOLD said land and premises, with all the ~nghts, privileges and appurtenances thereto belonging, unto mortgagee and his heir, executor.
ldmanistrators. wccessors and assigns. forever.
~fl~rtyrgor aho assigns to Mortgagee all rents, iswrs and profits of said premises, reserving the right to collect and use the same, with or without rating
.„u+sion of the premises, during rontinuanue of default hereunder, and during continuance of wch default authorizing Mortgagee to entet upon said premises
,nd or collect and rnforl:r the same without rcgud to adequacy of any security for the indebtedness hereby secured by any lawful means includirta
spp+untment of a rc~river in the rune of any putt' hrrcto. and to apply the same less costs and expenses of operation acrd collection, including reasonable
euurnay's fees, upon any indebtedness sewrcd hereby. in wch order as Mortgagee may determine.
1 OR THE PURPOSE OF SECURING: (1) Performance of each agretment of Mortgagor conuined herein: (2) Payment .of the principal sutra of
S ~0312.43with interest thereon, as provided in accordance with the terms and provisions of a Promissory NoteJl-wn Agretment (hereinafter referred to
"Promissory Note") dated U1F-18-'$U having a maturity date of 04~-25-90 ,and payable to Mortgagee; (3) The
pe±mant of any money that may be advanced by the Mortgagee to Mortgagor or to third pubes where the amounts are advanced to protect the security or in
~~~ordance with the covenants of this Mortgage.
Aft payments nude Dy Mortgagor on the obligation stcurcd by this Mortgage shall be applied in the following order:
t~IRST: To the payment of taxes and assessments that may be levied and assessed against said premises, inwrance premiums, repairs. and all other charges
,nd axprnses agreed. to be paid by the Mortgagor.
SECOND: To the payment of interest due on said loan.
THIRD: To the payment of principal.
I t) PRnTECT THE SECURITY HEREOF=, MORTGAGOR COVENANTS AND AGREES: 1 l1 To keep said prcmisrs insured agarnst fire and such other
-e,ueltirs u the Mortgagee may specify, up to the full value of all improvements for the protection of Mortgagee in wch manner. in wch amounts, and in wch
-:~mpanies as Mortgagee may from tune to time approve, and to keep the policies therefor, properly endorsed, on deposit with Mortgagee. and that loss
,~rlweads (less expenses of collection) shall, at Mortgagee's option, be applied on said indebtedness, whether due or not or to the restoration of said E
impnwertrents. In event of bss Mortgagor will give immediate notice by mail to the Mortgagee who may make proof of bu if not made promptly 6t' t
~lurtgagor, and .•ach inwrance company concerned u hereby authorized and directed to make payment for such loss directly to Mortgagee instead of
~turtgagor. R) To pay all taxes and special assessments of any kind that have been or may be levied or assessed upon sad premrses, or any put thereof O) In
the event of default by Mortgagor under Puagraphs 1 or 2 above. Mortgagee, at its option (whether electing to dectarc the whole indebtedness secured hereby
±u~ and collectible or not), may (a) effect the inwrance atwve provided for and pay the reasonable premiums and charges therefor: Ib) pay all said taxes and
~,k++rrrrarts without determining the validrty thereof, and Icl pay wch liens and all such disbursements shall be deemed a part of the indebtedness secured by
ter Mortgage and .shall be immediately due and payable by Mortgagor to Mortgagee. 141 To keep the buildings and other rmprovements now or hereafter
rrccted in good condition and repair, not to commit or wifer any waste or any use,of said.prcmises rontnry to restriction or record or contrary to laws,
./rdinances or regulations of proper public authority, and to permit Mortgagee to enter at all reasonable times for the purpose of impacting the prcmnes, not
!u remove or demolish any building thereon: to complete within One Hundred f.ighty (1$01 Days or restore promptly and in a good and workmanlike manner
•ny building which may be. constructed, damaged or destroyed thereon and to pay, when due, all claims for Tabor performed and material furnished therefor.
t 5 a That the time of payment of the indebtedness hereby secured: or of any portion thrrrof, may be extended or renrwYd and any portions of the premises
herein described may, without notice, be released from the lien hereof. without releasing or affecting the perwnal lability of any person or rorporatron for the
payment of said indebtedness or the lien of this instrument upon the remainder of said premises for the full amount of said indebtedness then remaining
unpaid, and no change in the ownership of said premises shall release, reduce or otherwise affect any such personal liabihty on the lien hereby created. 16f
That he is seized of tlic premises in fee simple and hu good and lawful right to convey the same: and that ttc does hereby forever wurant and will forever
defend the tick and possession thereof against the lawful claims of any and all persons whatsoever.
aooK~ Pac~28~6