The URL can be used to link to this page

Home My WebLink About0136~ ~ ~~-~s~~,~y~ , , ~:~ t1'705 ~ ~ . c~v TN ,~ 13. ~/-/d D.5 MORTGAGE DEED AND SECURITY AGREEMENT TNIS MORTCAGE D~kD (tbe Mortguge), dated ua ot December 12 ~ 18 $~ by und between Harriette W Hagins formerly Harritte 8 Washington ~oined by her husband, S. Richard Hagins Ihereinatte~ cs-1lcd I-lortgugor) i~nd Stltl Bank Of St. Lucie COllllt~l , hnving si~ a~.~~ o~~~~-Q ~~ 111 Orange Avenue, Ft. Pierce, ItI. , Mlorida (hereinutle~ ~•alled Mortgugee): WITNESS~'TH, thtit in considert~tion ot the premises und in order to secure the payment of twth the principal ot, aod inte~est and any other sums payable an the note (aa hereina(ler defi~ed) or this Morigage and the performa~ce And ol~- servAnce ot all of the provisiona hereot and ot auid note, Mortgago~ hereby grants, sella, warranta, aliena, remisea, releaaea, conveys, aasigna, trn~s(ers, mortgagea at-d sets over and confirms unto MoKgagee, AU ot Mortgagor s eslate, riRht, title and interest i~. to and under iill that certs~in renl pro~~erty situatein St. Lueie Counly, Florids~ more ~-nrlicularly deacritxd as follows: The West 46 feet of the South 150 feet of Lot 10, H.A. WALLACE SUBDIVISION, according to the plat thereof, as recorded in Plat Book 3, page 82, of the public records of St. Lucie County, Florida. ~~-~ •,+-a s d S. 00 ql PAVL+EnT OF TRXE3 C:: ;! Ct~:S ~C I'!i-.~;CaLE Pt9~;, ::.1 P~,9FERTY~ ~ F;;..:.:..:IT T~ li:::~T:.. 71-..4. A~TS Of 1!]l. . . ` ia~G:R Pu1TRAS ~ ~ " "' CL_~1( qRCY1T COiRT. Ii. WCE 00,~ ~~ ~' ~ _. T(~ETHER WITN all improvements now or hema(ter 1«-ated on s+id real pro~~erty and all tixtures, a~i~di:~n~ra, ap{~:~ratus, equipment, heating and air conditioning equipment, machinery and nrticles of personal property and replacement thereof (other than those owned by lesgees of said real property) now or hemafter a(lized to, attached to, ~~laccd u~wn, or used in any ws~y in connection with the complete and comtortable use, occu~ncy, or operation of said real pro~~erty, all lic~rnses :~nd permits uaed or required in connection with the use ot said real property, all leases of said real property now o~ hrrealter enlered into and all righl, /iUe and interest o( Mortgagor thereunder, including wilhout limitalion, cash or se~•uri- ties deposited-thereunder pursuant to said le:ises, and all renls, issues, procreds, and protits accruing (rom s:iid real Pr~I~~Y and together with all proceecls o( the conversiun, ~•oluntary or imuluntary of any ot the (oregoing into c:ish or liquidated ~•laims, including without limitation, proceeds ot insurance and condemnation awards (the toregoinR said mal property, tangible and intanRit-le ~~ersonal pro~ierty heminafter rnferred to .~s the 111ortgaged Properly). MortRuRor hemby Rrants to Mortgagee a~•urity interest in the (oregoing desc•riliecl tangible and intangible ~ierson:il property. 'i'n HAVE AND '!'U HOLD the MortRaRed Pro~-erty, t~ether with :dl and singular the tenements, heredil.~ments and :y-purtenances thereunto.helonginR or in anywise ap~~ertaining and the reversion and reversions thereot and all the estate, riRht, tifle, interest, homestead, dower and right ot dower, separ.de est:de, ~x~sse+sion, claim and demand whatsnever, as w•e11 in law .~s in equity, of MortRaRor and unto the same, and cvery ~rt thereof, with the appurtrn:~nces nt MorlRaRor in and lo lhe s~me. :md every ~~:irt a~d ~,anrl thereof unto 1NortR:~Ree. - - - --- ---- Mortgagor warrants that it has a gcx-d and marketable tille to an inJefeasihle (ee est:it~ in the ~1ortRaRNd Ym~~crly ~uLjPC•t to no lien, charQe or encumbrance except such as 1~lortgagee h;is aRrerd to a~•cept in writing and MorlRagur ~-nti~enantc that this MortR~ge is and will remain :~ v~lid and enforceable (irst mortg:+ge on the Mortga~ed Yroperty subject only to lhe N:~•eptions herein provided. Mortg:~Ror has full ~wwer and (:~w(ul authority to m~~rtRage the ~tortgaRed Yro~x~rty in the m:~nner :~nd (orm herein done or intended hereafter to he done. A7ortR:+gor will ~~rnserve such title and will torever w:irnnt and detend the samP to 111oriRaRee and will forever warrnnl and detend fhe validity and priority o( thP lien hereot aRainst the claims o( aU E~ersons and ~kvties whomsoever. Mortgagor will, at the cost of Mortqagor, and without ex~~ense to MorlgaRee, do, exei•ule, acknowledRr :ind deli~•er all and e~•ery surh further acfs, deeds, conveyances, mottRaRes;-:i~iRnmenls, noticrs of assiRnment, frans(ers :+nd a~sunnc•es as :~1ortRa~ee shal) fmm time !o time rcquire in order lo presen•e the priority of lhe lien o( this A1ortRaKe or to iacilitate the ~~er(orman~•e of the terms herc~t. PROV[D~D, HOWEVER, thal it MortRaFur sh~ll ~.:ry to hlortRaRcc the indrl~trdncy.g in the princi~wl sum of S 14,~0~.24 as evidenced by ttwt certain promisw~ry note (the Note-, nf even date herewilh, exeruted by ~tonRaRnr and ~wyable b order of MoHgagre, with interesl :~nd u~wn lhe terms as pro~•ided lherein, and toRether with all r~ther sums adv:~nced by MortRagee to or on hehalt o( MoHRaRor pursu:~nt tu the Note or this MortRaRe, the final maturity d:de of the Note and this 111ortg~Re F~eing December il. 1990 , and shall ~~er(orm all other rnvenants and i•unditions of the Note, all of lhe terms ot which Nule :ire incor{wraled herein by mtemnce as lh~ugh set forth fu11S here- in, and of any renewal, exlensiun or m~xfiti~ation, therenf and of this 1~1ortRage, then this Alortgage and th~ ~~tate herehy ~•m:~~P(I iFlall cease and terminate. Mort~aRor furlher ~~onvenants and agree~ with MortRagee as (ollovw: ~ ` 1. To ~xiy all sums, including intereat see•ured hereby when due, as providec) (or in the Note and any renewal, extension ~ or modi(ication ihereof and in lhis MortRaRe, all such sums to I~e payable in I:~w(ul money of the ilniterl States ot Ameriea ~ :~l A1ortRaRee's afores:~id prin~•i~kil otfice, or at ~uch other placE as MortRaRee mny desiqnate in writinK. ~ `l. To ~xiy when due, and without requiring any notice from Morlgagee, all taxes, aasessments uf any ty~~e or nature ~ a~nd other charRes levied or asses.ged aqainst thr Mortgaged Pro~mrty or this 1~1oHqage and produce receipts them(or u~wn ~ demand. To immedi:~tely ~~y and discharge any claim, lien or encumbr~n~-e :igainst the Mortgaged Pro{ierty whii•h may bc~ ~ or bei~ome superior to this MortgaQe ~nd fo ~~ermit no de(~idt or del~nquPn~•y on any olher lien, encumbran~•e or charge aRainst the MortRaRed Pro~~erty. e E ~ 3_ If required by hlortRaR~~e, to also make monthly de~~osits with MortRaRee, in a non-interest heari~~R account, to- ~ Rrther with and in addition to interrRt and principal, of a sum equal to one-twel(th of lhe yearly tases and as.4essments which m.~y be levied against the Mortgaged Property, and lit so requiredl one-tweltth o( the yearly premiums (or insur.~nce thereon. The amounl ot such taxes, assessments and premiums, when unknown, shall be eatimated by MortRaRee. Such de~~~ ~~~~{I ~~1NfiElks~~(~e to pay such faxes, a~.gessments and premiums when due. Any insu(ficiency ot such ~ ~t of St luc~e ~ unt ~ ~~. -~- ar ~ RT. PIERCE. fLORIDA ~ox~~5 PaGE 135 ~,Z,Z SOUTM SECOND StREE~ 1 ' - : ~,~.. . - - '.,.~.~[