HomeMy WebLinkAbout0097 U al9 ,
~g8~94
MORTGAGE DEED
THIS MORTGAGE, executed this ...Ztld..... day of A.D., 19.80 by
JOHN SANTAGATA and GAIL SANTAGATA, his wife
hereinat[er called the Mortgagor, which term shall include singular or t+lun+1, corporntion or indiviclu:+l, and either sex,
and shall include the heirs, legal representatives, successors and :u+signs of the 11iorlg:+gor, Io
i
AMERICAN BANK OF MARTIN COUNTY,
a State banking corporation organized and existing under the I:+ws o[ Florida with its principal l+taee of business in
Martin County, Florida, hereinafter called the Mortgagee, which term shall include the successors and assigns of the
said Mortgagee.
WITNESSETH THAT, WHEREAS, the Mortgagor has received a Iwm from the Mortgagee and is justly indebted
to the Mortgagee, which indebtedness is hereby acknowledged and is evidenced by u certain promissory note, a copy of
which has been marked "Exhibit A" and attached hereto and the provisions of said note are by reference made a lx+rt of
this Instrument. z
NOW THIS MORTGAGE WITNESSETH, that the s<+id Mortgagor for the better securing of the severnl
sums of money mentioned in the said note does hereby gr:+nl, bargain, sell, alien, remise, release, convey and confirm }
unto the said Mortgagee. in tee simple forever, the following described land, of which said 1liortgngor is now seized and
possessed and in actual possesaioq .
situate, lying and being in..St .Lucie _ _ .(bounty, State of Florida, and more particularly described as follows:
Lot 39, Block 1735, PORT ST. LUCIE, SECTION THIRTY-ONE,
according to the Plat thereof as recorded in Plat Book
14, page 22 of the Public Records of St. Lucie County,
Florida. -
s
ttFL'El1fF0 i
5~~ 111 PAIIMFNT OF TARE=
Ctli OV CLtSS 'C' 101TRttf'8lE PfASCttRL ?R4?EBTr+ ;
~+{.y~ FUP.Sth1MT TO CH6PTFA 71.1:4. ACT( OF Alf. 'tltls InslnRatettf was Mepaced by
irost~ CHICAGO TITLE IP~S. CO. s
~ CIIIC{NT lArttT. fiL IAGIE CII,. I~ ~ r' . , , c,
Ctrrolyrt l'. Zr:::.;;a, ('.I.
_ ~ 555 COLOP,ADO Ai~c -SUITE 4
_ P. O. BOX 2295
•f , $TtJI?RT, FLORIDA 33494 -
- - ;
3
TOGETHER WITH all and singular the tenements, heriditaments and appurtenances thereunto belonging or in
any wise appertaining and all structures and improvements now and hereafter on said land and all fixtures attached
thereto, together with all rents, issues and profits accruing from said premises and all gas, steam, electric, water, plumb-
] ins, lighting, ventilating, heating and cooling systems, which now are or may be in or on said premises though they
be detached or detachable, including but not limited to all refrigerators, stoves, ovens, appliances and carpets and all
I additions, replacements and increase thereof herea[ter acquired or located on the said premises, and all attachments -
and parts thereof, and any additions, extensions or betterments of, in or to the buildings now or hereafter erected on
the said premises.
TO HAVE AND TO HOLD the above granted premises, with the appurtenances unto the said Mortgagee, in tee
simple forever.
AND the said Mortgagor hereby covenants and agrees with the said Mortgagee as follows:
That the Mortgagor is lawfully seized of the above described premises in tee simple and has good right to sell and
convey the same to the Mortgagee; that the said premises are tree and discharged of and from all taxes, tax titles or 3
certificates, judgments, mechanics' liens and encumbrances of any nature or kind whatsoever and that the Mortgagor I
will fully warrant and defend the same to the Mortgagee, against the lawful claims and demands o[ all persons whom-
soever, and will make such further assurances to per[ect fee simple title to said land, in the Mortgagee, as may rnason-
ably be required, and will pay the scweral sums of money agreed in the said note to be paid and all installments of prin-
cipal and .interest thereon promptly when due, and according to the true tenor and effect of the said note.
2. That the Mortgagor will pay all and singular the taxes, assessments, levies, and encumbrances of every nature on
the above described property, and upon this mortgage and note, or the money secured thereby, before delinquency thereof
and receipts evidencing payment of said taxes. a.~.gessments; levies and encumbrances shall be deposited with the fltort-
gages on or before March 1st of each succeeding year during the term of this rm~rfgage: and it same be not promptly
paid when due, the Mortgagee may (without obligation to do so) pay the same, or become purch.•+ser of any lawful evi- '
Bence thereof, or certificate therefor, without waiving or affecting any right hereunder and in this mortgage, or the said
note which this mortgage secures: and such payments or expenditures so made shall bear interest from the date thereof
j al the highest legal rate. _
3. That the Mortgagor will keep all real and personal property now or-hereafter encumbered by the. lien of this
I mortgage insured as may be required from time to time by the ILiortgagee against Toss by Ere, windstorm and other
~ hazards, casualties and contingencies for such periods and for not less than such amounts :+s may be required by the -
Mortgagee and to pay promptly when due all premiums [or such insurance. The amounts of such insurance required by
the Mortgagee are expressive of only the minimum :+mounts for which said insurance shall be written and it shall be
incumbent upon the Mortgagor to maintain such additional insurance as m:+y be necessary to meet and comply [ully with _
all co-insurance requirements contained in said policies to the end that said Mortgagor is not a rn-insuror thereunder.
Insurance shall be written by a company or comtx+ni~s approved by the Mortgagee and all twlicies and renewals thereof
shall be held by the Mortgagee. All detailed designations by the Mortgagor which are accepted by the Mortgagee and -
arax •~o PAGE
~ ~
- s- - _ _ _