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HomeMy WebLinkAbout0288 ~3' MORTGAGE DEED 51.U'"198 THIS MORTGAGE, executed Ihis . . . . .2.~ S.t..di~y ot . .. ..NAY.@I~1b.@1^ . . . . . . . . . . . . . .. .. . . . . . A.D., 19.$Q .. by RUSSE~LL A. BOGIE and CHRISTINE 8. AHLBERC, his Hife. hereinntter ce~lled the Mortgngor, which term aht~ll i~clude singuln~ or plur.~l, rnr~x~rnticm or inJividu:d, and either sex, and ahall i~clude the hei~a, legnl representntives, successors tind ~saigns of the 111ortgagor, lo AMERICAN BANK OF h1ARTIN COUNTY, a State Mnking corporation organixed nnd existing under the I:IN'R of Floridu w~lh its prinei~~:d plair ot business in Ma~tin County. Flo~ida, hereinafter cntlyd the MortA:~gee, which term shull include the su~Yrsyors and assigns of the aaid Mortgagee. WITNESSETH THAT, WHEREAS, the MortgaRor h:~s rcK-eived n lain trom the Mortg:~gee and is justly indehteci to the Mortgugee. which indebtednes~ is hereby acknowledRed nnd is evideni~.rt by ~ certain pmmis~ry note, a copy of which haa been marked "Exhibit A" and attached hereto and the provisions ot said note are by re[erence made a parl of thia instrument. ~ NOW THIS MOR7Y:AGE WITNESSETH, that the s~id A1ortRagor tor the better securinR ot the several suma of money mentioned in the said note does hcreby Rr:~nt, harRain, sell, alien, remise, release, rnnvey and confirm unto the said Morfgagee, in tee simple [orever, the [ollowing descrit-ed land, of which said MortRuRor is now seiced and posaeaged and in actuAl pac~ession aituate, lyins and being in.. $ t.. . LUC 1@_ ._... .~-~unty, State ot Florida, :~nd more particulnrly described as tollows: Lot ~803 of TARPON BAY VILLAS, in accordance with the Plat thereof on file in the office of the Clerk of the Circuit Court in and for St. Lucie County, Florida in Plat Book 20, Page 15. ,~o 1a3~ ~ SUBJECT T0: The Amended Declaration of Covenants and Easements OF Tarpon Bay Villas, recorded in Official Record Book 331, at Page 966 thru 996, Public Records of St. Lucie County, Florida. p-~:;,n = /37. ~6 ~ IN PAV~.'~'!T Qf TAXR ~ L;~ ' i Ci"L 'C' !!!TE!tG'BLE P~R50.':.l P"0'rE~2T~, •. il: ~_.:IT iL .r :~ ~~• 7~-::~. ACTS Of 1a71. (:LGER POITRAS . . ClCF1I G.'.LWT CGIT'etT. ST. tYf~ ~. N~~ ~ ~ - _ _ -. _ ~. . _ ,. .,. ._ .. ~ - --- - -' 'I'O('ETHER WITH all and singular the tenements, heriditaments and ap~~urtenanc•es thereunto belonRing or in any wise appertaining and all structures and improvements now and hereatter on said land and all 6xtures attached thereto, together wilh all rents, issues and profits ~ceruing from said ~~remiaes :~nc1 all gas, steam, electric, water, plumb- ing, 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 refrigentors, stoves, oeens, appliances and carpets and all additiona, rnplacementa and increase thereof herea[ter acquired or located on the a~id premisea, and all attachments and parts thereof, and any additions, extensions or betterments of, in or to the buitdinRa now or herea(ter erected on the said premines. TO HAVE AND TO HOLD the above granted premises, with the appurtenances unto the said Mortgagee, in (ee simple [orever. AND the said Mortgagor hereby covenants and agrees with the w~id Mortgagee as tQllowa: 1_ That the Mortgagor is lawtully seized of the above described premises in (ee 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 tases, tax titles or cerli6catea, judgmenta, mechanics liens and encumbrances ot any nature or kind whatsoever and that the Mortgagor v~ill fully warrant and defend the same to the Mortgagee, against the lawtul claima and demanda o( all persons whom- soever, and will make such turther assurances to pertect tee simple title to said land, in the 1Nortgagee, as may reaeon- ably be required, and will pay the several sum.g ot money agreed in the said note to be paid and all in.atallments of prin- cipal and interest thereon promptly when due, and accorcfing to the true tenor and efiect of the said note. 2. That the Mortgagor will pay all and singular the taxes, as.gessments, levies, and encumbrances ot every nature on the above described property, and upon this mortgage and note, or the money secured thereby, be(ore deiinquency ihereo[ and receipta evidencing paymenl of said taxes, asaessments, levies and encumbrances ahall be deposiled with the 11Tort- gagee on or be(ore March !st o( each sumeeding year during the term of this mortgage: and it same be not promptly paid when due, lhe Mortgaqee may (without obliqation to do so) pay the a~me, or become purch.--ser o[ nny lawful evi- dence thereof, or certificate theretor, without waiving or aflecting any right hereunder and in thia mortqage, or the said note which this mortRage secures; and such paymenta or expenditures so made shall bear interest trom the date thereof at the highest legal nte. 3. That the Mortgagor will keep all real nnd pervonal pmperty now or hereatler encumF-ered by ihe lien of this mortgage inaured as may be required trom time to time by the Mortgagee :~gainst loss by fire, windstorm and other hazards, evualties and continRenciea tor such peri«fs and tor not, less than such amounts :u may be required by the Mortgagee and to pay promptly when due all premiums tor such insur~nce. The amounta ot such insurance required by the MortRagee are expressive ot only the minimum amounte for which said insuranir shall be writlen and it sball be incumben! upon the MortgaRor to maintain such additional insurance as may be necc~ary to meet and comply (ully with all co-insurance requirements contained in said ~licies to the end that said Mortgagor is not a co-insumr thereunder. Insurance ahall be written by a com~ny or companies approved by the MortRaRee and all policies and renewala thereof shall be held by the 11~ortRaRee. All detailed desiRnations by the MortRagor which are accepted by the MoHRagee and ~~45 P~ 287 1 ~ _~~T_ ~~. _~