HomeMy WebLinkAbout1360 ~~R~~~ 1
MORTGAGE DEED 504943 evco FlHiwclAL SsRVICFS of
. ~ ~ HOLLYMOOD, FL. INC_
2502 S FED AMY
•~1 M~la[ I1113T INITIAL S~OUS[~S Nola[
Thomas ~ ~ • L Lois Thomas ~ ~ PIERCE ,Florida
I hat Alortgago~ ~C~grants, bargains, assigns, and conveys unto Mortgagee, the following drscribcni real estate in the ('aunty of
State of Florida, to wit:
Lot 2?5, Sheraton Pla>ra, Unit Four, Replot, according to the plat thereof as
recorded in Plat Book 16, Page 18 of the public records of St. Lucie County, Florida
Together With t'he following items of property which are located in and permsnently -
installed as part of the improvements on said land;
Range: Columbus Model 346 (Serial ~ 52129)
Range Hood: Miauni Corey, Model 3?30
Space Heater; Forsaira, Model 465F
- RfCEI1fE0 = 3 g IN PAYILftIT Of TAXR
DUE G'1 CIAS!'C' UITAMG:BLE PiP.:+v`.iAl PROPERTY.
~ FCRS:FA(IT TO CHMTER 71-1~~. AiaS Of 197E
- ROGER PGITRAS
CIFRK CIxCIpT COYRT, ST. W~ CO. Flb~ ' .
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tll~; ther with all building+ anJ unprusenrenh now or hereafter erected thereon and all screens. shades, storm sash and blinds, and heating. lighting. plumbing.
_ electric. ventilating, refrigerating anJ air-cunduiuning eyuipmrnt u+ed in ronnrction Ihrrrwith. all of which, for the purpose of this mortgage, shall be
scented fixtures and wbiect to the lien hereul, anJ the hrreditament+ anJrppurtrnancrs pertaining to the property above described, all of which is referred to
hrnmafter as the "premi+ri'
I I O IIAVF. A\D TO IIOLD vid land and prcmi+r+. with all the right+, pnvikgr+ and appurtenances thereto belonging, unto mortgagee and his heirs, rxecuton.
' edmmislraturs, wcccswn anJ a++rgm. forever.
~Illrt;•agur alu? as+rgm ar \lurtgagcy all rcn1+. i+wr+ and pndits of vid prcmi+e+, rcxmng the right to culkct and use the same, with or without taking
ill»..+iun of the prenri+es. Junng rununuan+r of default hereunder. and Junng cuntinuancr of wch default authorizing Mortgagee to enter upon said premtises
r .,n,f Ile culkct and enforce the +ame without regarJ h? adeyuar}• of any security for thK indebtedness hereby secured by any lawful means inclr:dirrg
epplnntment of a rrccivrr m the n:unc of -any party hereto. anJ to apply the +amr kss costs and expenses of operation and collection, including reawrrabk
,r;llrney's fee+. upon any indebtedne+++ecured hereby. in wch order a+ ~torlgagee may determine.
UN THE PURPOSE OF SE('URING~ 111 Performance of each agreement of Mortgagor containrd• herein; 121 Payment of the principal sum of
1~1~ZT_with interest, as provided in accordance with the terms and pcovisiom of a Promissory Note/Loan Agreement Ibercinafter referred to as
Pr,missory Note') dated ~7- 1~-~ ,maturity date ,and payabk to the order of tifortgagce,
t., ++hich Promissory Note reference is hereby made; (3) Payment of any additional advances, not in a principal wm in excess of S 1921.29 ,with
rnterest thereon, as may hereafter be loaned by Mortgagce or the then holder of his Mortgage to !Mortgagor, euh and every advance to be evidenced by the
Pnlmi+sory Note of Mortgagor in the amount of the advance; (4) The payment of any money- that may be advanced by the Mortgagee to Mortgagor for any
rca+~rrr or to third parties where the amounts are advanced to protect the security or in accordance with the covenants of this Mortgage.
III payments made by Mortgagor on the obligation secured by :his Mortgage shall be applied in the following order:
FIRST: To the payment of taxes and assessments that may be kvkd and assessed against said premises, insurance premiums, repairs, and all other charges
lnd expenses agrced to be paid by the Mortgagor.
SECOND: To the payment of interest due on said loan.
i fF11RD: To the payment of principal.
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I t) PRO"f E(? THE SI{CURITY HERF:OI , MORTGAGOR ('O~'1.XA1iTS ,A\U AGRt F:S: I I I Tu krrp +aid premi+e+ mwrrd aga~mt fire and +uch other
-.nurlties a+ the Mortgagee may specify, up hr the full valor of all impruvrment+ turf the prutrcUun of Mortgagee in +urh manner. in +u:h am/wnt+. and in wch
6 -~Impanies u \fortgagec may from limn to liner approve, seal to krrp the pulicres therefor, properly cndurxd, un drpusrt with ~turtgagrr- and that loss
6 pn+~eeds (kss expenses of coUectron) shall, at Mortgagee's option. be applied on said rndebtednrss. whether due ur nut ur to the restoration of said
Inrpnlvrments. In event of bss Mortgagor will give immediate notice by mail to the Mortgagee who may make prixrf of los+ if not made promptly by
~fl+rtgagor. and each inwrancr company concerned is hrrcby authunzed and dirccteJ to melee pa)•ment fur +urh lu++ directly to Mortgagee in+tead of
` ~turtYagur. (2?To pay all taxes and special asseuments o1 an) kind That have been or may ix leveed ur a+se+x-J uprln wid prrmrus. ores}' part thereof. 13) In
lire event of default by Mortgagor under Paragraphs I ur 2 abus•r, Mortgagor, at its upliun Iwhrlher rkcGng to declare the whale indebtedness secured hrrcby
Jar and collectible or not1. map lal effect the inwrance above provided for and pay the reawnabk premium+ cent chargr+ therefor. Ibl pa} all +aid taxe+ and
~"e++ments without determining the vahdiq• tMreot, ;end tc1 pay wch liem-and all wch disbursrment+ shall be Jrrmed a part of the indeMedn••++ +ecured b}•
rhr. Mortgage and shall be immediately due and payabk by Mortgagor to Mortgagee. 141 To krrp the building+ and other rmproremcnt+ now or hereafter
reeled in good condition aril repair, not to commit or wffrr any waste ur any u+r of +aid premi+rs coniraty to rr+trichun ur record or contras' to laws.
Ilydinances or regulations of proper pubfic authority, and to permit Mortgagee to enter at all reasonable time+ for the purpe?se of in+prcting the premrses, not
t., amore or demolish any building thereon; to complete within Orte Hundred Eighty 1180) Uays ur rr+torr promptly and in a gaud and workmanlike manner
an) building which may be constructed, damaged or desttoyrd thereon and to pay, whepp due, all claims for labor performed and material furnished therefor.
r ~ r That the time of payment of the indebtedness hereby secured. or of any portion tt"iereof, may be extended or renevred and any portions of the premises
hrrem described may, without notice, be released from the lien hereof, without releasing or affecting the personal liability of any person or corpurauon for the
pa}~ment of said indebtedness or the lien of this instrument upon the remainder of said premises for the full amount of said indebtedness then rrmaiping
unpaid, and no change in the ownership of said premises shall release, reduce or otherwise affect any wch personal liability un the lien hrrcby created. 161 )
That he is seized of the premises in fee simple and has good and lawful right to convey the same: and that Itr does hrrcby furrrer warrant and will forever
defend the tick and possession thereof against the lawful claims of any and all persons whatsoever. ~ y
X339 ~~1~4
os-osis (s-ia) Ft_ ~
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