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~ = ORTGAGEE:
MORTGAGE DEED c~$s'j~ ~ ' ~ e:r~~'~~ tus~a7 c~tr•trlr:aa of
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I, a~? MSM[ f111ST IMITIa1t SSOVS[~S MSM[ T~y~ F Arm A ~g~ry,__
3LONE JOSN J• FAYS ~ ~ ` S ,Florida
1 hat Mortgagor hereby Grants, bargains, assigns, and conveys unto Mc•rtgaGee, the foUov~inG deu:nbed real estate in the County of
_ ,gt Tixsta ,State of Florida, to wit:
The North ?5 feet oP the South 235 feet of the Seat half of the Northeast Quarter
o! 3setion 3, Totinship 36, aouth~ Range l,0 $ast~ being part of I,ot 34, WSITS
CIT?~ according to the Plat thereof recorded in Plat Book 1~ page~23~ of the
Public Records of St. Luaie~ County Florider,,,
SOBJDCT TOs Reatrictiona~ reaervationa~ ].imitations and easenenta of record
it argr; this reference to said reatrictiona shall not operate to reiapose
the same.
SIIBJRCT TOt That certain mortgage in the original principal gum of >~24~000.00
given by Cheater F• Macy sod Lelia B• ~cYs, his xffea to First Federal Savings
and Loan Association of Fort Pierces dated July 11~ 19'12 and recorded July 26,
1972 in OA Book 204, page 1686 grantees herein assume and agree to pay. •
For street numbering purposes also knoTm ass '
5011 South 2nd Street -
Fort Pierces Fl• 33450
Rf'_' "YF9 f o2 d . o ~ i!1 P'.l'~'•"+•:T OF Tll~
7 CUc C'i CL'S:, 'G' i'ij:.'.~ ...E Fc.:,,,, .I. F`iArEkTYr ~ r. - j
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i'u'aJ:::.ilT TO U'.`.'~~'( 71-:'A, : STS GF 1911. _ . - -
CtER!( CIgCOiT CGUkT, ST. L11:.1E 00. F1A.Q•~' - .
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rher with all building, and impnsvrmrnts now or hereafter rrcchd thrrcun enJ all ,crrrns, shades, storm sash and blinds, and heating. lighting, plumbing. ~
~4ctric, ventilating. refngrraung enJ air-cunditiuning eyuipmrnt used in connection therewith, all of which, for the purpose of this mortgage, shall be
j ..,;~J ti~tures and subject to the lien hereof. and the hrreditamrnt, and appurtenances pertaining to the property above dexribed. all of which is referred to
i u,~fter a, the "premise:'.
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~ ; t , li ~\'I" :1`D TO HOLD ,aiJ IanJ enJ prcmi,r,. with all the nghh, pnvitrgr+ enJ appurtrnancrs thereto belonging, unto mortgagee and his heirs, executors.
, nnn+traturs, sucrrswrs and assigns. forever.
t
~ •t rt~~szur rko assigns to ~lurtgagrr all rent,, i,wr, and prufiu of said prcmixs. reserving the right to collect and use the same, with or without taking
prcnuxs, dunng cunUn..ancr of drlault hereunder. and durin continuance of such default authorizin Mort rr to toter u on said remises
~ ,+tun of the g g • gag P P
i ~+r collect and enforce the vine without regard to adequacy of any secunty for the indebtedness hereby secured by any law fu! means including
~ ;••nnunrnt o(a receiver in the nat»c of any petty hrrew. and to apply the same less cults and expenses of aperatiun and collrcuun, including reasonable
t ~•~r^cy'+ fees. upon am' tndrbtrdnrs, srcurrJ hrrcby, in wch order a, ~tortgagrr may. determine.
;irK THE PUR~PQOSE OF SECURING: (1) Performance of each agreement of Aortgagor contained herein; (2) Payment of the principal sum of
• ~~s ~2~51r~itn interest thereon, s r vided in aaordarx-e with the terms and provisions of a tom"sv.n• Note!I_oan Agreement Ihereinaftrr referred to
f ~ J~
' Pnrmissory Note") dated 'r+ ~ having a maturity date of 5 OS ~ .and payable to ytortgagee; 131 The
n-ent of any money that may be advanced by the Mortgagee to Mortgagor or to third parties where the amounts err advanced to protect the security- or in
;rJencr with the cocetlants of this Mortgage. y}y
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~ ; .ly mints made by Mortgagor on the obligation secured by this '.Norigage shall br applied in the following order.
!KST: Tu the payment of taxes and assessments that may be levied and a,sessrd against slid prcmi:e,, inwrance premiums. repairs. and all other charges
I i : +prnses agreed to be paid by the Mortgagor.
a ,i c'OtiD: To the payment of interest due on said loan.
= I HIRD: To the payment of principal.
I'RUTF.('T TH!- SF('URITti' HFRfOF, y10RTGAGI)R ("O~'1 \9l~TS Atii) :1GRFI S 111 fu keep ,aiJ prcmi+e+ mwrcJ agaln.t lire enJ wch other
a!tJe+ a, the ~iortgagrr may sprciiy". up to the full valor of all tutpnlvemrnt+ fur the prutecUun of ~turteagre In +u:h manner. m wah anx+unt.. enJ in w.h
~rantr, a+ \tortgagre ma}' from time to Umr appruvr. and to keep the puhcrr+ thrreflu. pnrperly endonrJ. un Jrpu+rt with ~lurtgagrr. enJ that lu++
•d+ Iles expenses of collrctk~nl shall. at Mortgagee's siphon. he anplirJ on ,aiJ indrhtrdnr+,. whether Jut or not or to the rr+turaUun ui +aiJ
. n•vrmrnts. In event of loss :1ortgagor will Bice immediate notice by mail to the ~luttcaYre who may' make pnlof of to++ If not made prompth bs
t_:.,gur. enJ ;ach mwrancr cumpam• cuncernrJ is hrrcby authunerJ enJ Jur.trJ tl~ make payment f.+r w:h lu,. Jurctly t., ~lurtgagrr rn+leaJ of
~rtearor. 1'1 To pay all tags enJ ,preral a„r,+mrnK of an}' kinJ that have been sir may hr leveed ~+r a.x++rJ upon +ald prrmt+r+. sir etty part thrreuf +311n
~+rnt of default by Mortgagor under Paragraphs I sir 2 about. ~lurtgagrr, at it+ option twhrthrr electing to drilatr the whole mdrhtrJne++ +eiurrJ hrrch?
.InJ collectible sir notl. may la? effect the rmurance above provided fur enJ pay the rca+una~rlr prrmn+m+ and chirgr+ therefor. th? pay all ,aiJ taxi. enJ
i ~"nrnt+ wtthuut Jrtrrminmg the valtJrly thrreuf. enJ tct pay wch hrn+ enJ all +wch Jr+t•ur+emrnt+ +hal! tK JermeJ a part of the ?utrhtednc++ ,ccurrJ M
~lurtgagr enJ ,hall be immel~tatrh' Jur and payable b} yturtgagor to ~turtgagre. tTt Tu Deep the hwlJrng. enJ other tmpmvensent+ now sir hrrraftrr
•:J m ruuJ conJrtiun and repair, nut to commit ul puffer an} wa+tr or an} uu of vrJ prcmr+r+ contrary to «•+tnchon or re.urJ sir contrary to law+.
:~namr, or regulahom of proper public authority, enJ to permit yfor(gagcr to cone at all era+onahlr hmr, for the nurpo.e nt tmprcung ihr ptemr+r+. not
r: m.lvr sir Jemuhsh any bmWmg thereon: to complete within One HundreJ Ftghty r Itttt? Uay, or n•,t+xe I"nlmpth enJ to a gl+uJ and wurkmanhkr manner
tnulJrng whtch may br conslruetrd, JamagrJ sir destroyrJ thrrcun and to pay. when Jur, all clatr.;~ fl+r Iahur prrformeJ enJ matenal turnrshrJ thrrch/r.
`s that the Umr of payment of the mdrMa~Jnr+, hrrcby srcuteJ. or of any purU+.n dlrrrof. rosy Fx e~tenJrJ or rcnewrJ enJ any purhun, of the prcmr,r,.
de+cnbrJ may, without notice, tx relrasrJ from the Gen herruf. wrthuut rclrr~rng sir aflraUng th.• per+unal I:ahlhty of any prru.n or aurpurahon for the
•r:•'1t of wid inJ:btrdnrs or the Iirn of this instrument upon the rcmatnJrr of +ard prrml+:+ by the full amount of wrJ mJrhtednr„ (hrn rcmarnmg
~ c ,nl. enJ nu change m the uwnrr,hrp of ,aiJ prrmr+e+ shall relea+a•, n•Jucr or Irthrrwnr af(r.t any ,u.h panunal hahrht} on the hrn hrrrhy created. Ihr
,t hr i, srvrd of the premises in fee ,imply enJ ha, gswd enJ lawful nght to ,ornr} the +:,tne. un.l that F: dlx+ ha•reby forever warrant enJ wJl foresee
t;nd the title and pu,srssion thereof against the lawful satin, of any aaa all per+. m•. xhat++x,er .
800K ~ PdGE~~
Of-OI7! (REV 11.7•) Fl