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Home My WebLink About2735512212 ~ ~3~ MORTGAGE DEED AND SECURITY AGREEMENT TNI3 MOR7'GAGE DF.FD (the 11~o g ge), dated us of December 15 19 80, hy und between 1S~ p~ RXlOXRX~Q~p~4Y~j141~ •~ Donald Golden Ihereinafte~ cnlled Mortgugor) and SU Bank, N. A. ~ . having an ottice At Orlando . Flo~ida Ihereinnft~r ~•adled Mortgagee); WITN~SSETH. that in rnnsideratio~ of the premiaes and in order to aecure the {wymrnt of both the principal of, aod inteceat and any other sums payable on the note (aa hereinatter de(ined) or this MortgAge a~d the performance and ob• servance ot all of the provisions hereo~ ai~d ot said note, Mortgagor hereby grtinta, aells. warranls, aliens, remiaes, releases, conveya, aesigns, lrana(era, moHgages and seta over and con(irma unto Morlgngee, nll ot Mortgugor s ealate, riRht, title And intereat in, to and under all tluit certain real property aituiite in S t_ LllCiP ~'ounty, F loridn more {k~rti~~ularly descrihed as tollows: Condominium Parcel No. 5331 of Golf Villas, a Condominium as per the Declaration of Condo- minium thereof recorded in Official Record Book 302, pages 1250 through 1326, Public Re- cords of St. Lucie County, Florida. R~^~tlEO s /O o.0~ 111 PAY!lENT ~ TA~! ~ .~ " , . . . - _ ~, . [uc c l ct~:: 'C' t~liA!?G:BLE PiRSOr..il PROPEft~Y. ; , . . , : . - FO: ~S:JiT 10 CK.1PTEii ]1-i3i, ACTS Of 1l71. "• . =-~' -_- r~. ~~ ~-. • .. P,.t-:A P31TP~S ~11 . • - - e - ~ ~ . `• 3 } -;_ . -. _ ~- _. tl"~K G~~UtT CORT. it. LY.~E 60.. fLA.~11• . . _. ~:,' ' ' = - __,_~ __ 'POGE'THER WlTH s~il improvemente now or hereu(ter located on a~id re:~l pro~~erty .~nd aU (ixturea, appliancea, ap{xiratua, equipment, heating :~nd air conditioning equipment, machinery and articlea of pereonal pmperty and replacement thereo( (other than those owned by lesxea of said real property) now or hereatter attixed lo, attached to, placed upon, or u.4ed in any way in connection with the complete and comfortAble uae, occu~mncy, or operation ot said real pro~~erty. :dl licenses and permits used or required in connection with the use of said real property, all leases of said real property now or L hereafter entered into t~nd all right, title and intem+t o( MoriRagor thereunder, including without limit~~tion, cash or securi- ties deposited thereunder pursuant to said leaaes, and al) rents, iaRUea, proceeda, and protita accruing trom said real property and together with nll proceeda of the converaion, ~•oluntary or involunts~ry ot any of the toregoing into caah or liquidated ~~ claimi, includinq without limitation, proceeda of insurs-nc~e and condemnation awards Ithe foregoing said real property, ~' tangible nnd intanqible rsonal ro rt hereinafter referred to aa the Mori a ed Pro rt -_ Mort a or hereb Rranls pe p pe Y K R I~ Y K R Y L. to Mortgagee a security interest in ihe foregoing descriFxd tangible and inlangible personal property. ~ TO HAVE AND TO HOI.D the Mortgaged Yroperty, logelher with all and sinqular the tenements, hereditaments and ~,, :~ppurten~nces lhereunto belonging or in anywise appertaining and the reversion :~nd reveraior~a thereof and :ill !he eslate, ~--+ right, title, interest, homestead, dower and right ot dower, seµ~r.de estale, ~~ossession, claim and demand whatsoever, as ~ well in law sia in equity, ot Morlgagor and unto the s:~me, and every ~~art thereof, with the appu~tenances of MortgaRor in ~; :ind to ihe same, and every part :~nd ~-arc~l thereof unto MortRaRee. _ Mortqagor warrants that it has :~ guod and market~ble tille lo :~n indeteasible fee estale in lhe MortgaRed Pro~reriy subject to no lien, cFwrge or encumbrance except such as MortR:iRee has aRreed to accept in writing and Mortgagor c-ovenants ., r th:~t this hlortgage is and wil) mm~in a v:-lid and ~~n(omeablr jp~mortqaRe un the Mortgagrd Yro{~erty subject only to the ~~~ ~ exceptions herein provided. Mortgagor has full {-ower and lawtul authority to mortgage the Morlgaged Pro~~erty in the "~ N m:~nner and (orm herein done or intended hereafter lo be done. Morlgagor will ~-reserve auch tille and will forever wnrrant ~'~t and defend lhe same to MortRagee and wi1) torn~~er warr:mt :ind defend the ~•:~lidity :~nd priarity of the lien hereo( aRainst '~- ~ lhe claims ot all ~-ersona and ~wrties wkomxcever. ti • M '' ~°~ '~ Morlgagor will, at the coxt of Mortgaqor, and wilhout ex~-ense to MoriRagee, d~~, execute, arknowledge and deliver :~11 M [y ~- and every such further acls, deeds, ronveyances, mortgaRcw, :~~siQnments, notic•es ot assignment, trarwfers and assuran~~es as ~~ O O Mortgagee shall from time fo lime r~ryuire in order to prc~.~rve thP priority ot the lien of this MortR:~Re or to fncilitate Ihe .:, p•~ perform:~nce of the terms hereof. ,"•: ~ ~ • tC R F HOWEVFR, thal i( Mor1g:~Ror sh:ill p:ry to MortR:~gec~ the indebtedness in the principal aum o( `~`~ a 5~ ~~~~~ ~~ as evidem~ed b lhat certain romi~o nole (the Note), of even date herewith, e:eculed b ~~ .~, y N ry y G M., --. ~'1 w p~r~~1 p:~yable to order ot Mortgagee, with interest and upon the term4 ns provided therein, and together with all ~ ~ other sum.v advanced 1-y Mortgagee to or on t-ehal! o( MortR:~Ror ~~ursuant to lhe T~ote or this Mortqage, lhe final maturity ~• date ot the Note and lhis Mortgage beinq , and shall ~~ertorm all olher covenanta and ~^unditiona of the Note, all o( the tertns of which Note are incor~wraled herein by re(erence aa though eet torlh tully here- in, :~nd of :iny renewal, extenaion or m~xlific:ition, thereot :~nd ~~f Ihia MoriRaRe, then thi~s MortRage and the eatate hereby ~ created sh:~ll ceaae and terminate. Mortgagor (urther convenants and agreess with Mortgs~~ee as tollowa: 1. To pay all sums, including interest secured hereby when due. :-s provided (or in the Note and any mnewal, e:tenaion ur modi(ication thereo( and in this MorlR:ige, all such sums to be payable in lawtu) money of the United Stales of Ameri~a :~t Mortg.~qeea a(ore~+aid prin~•isr.il oftice, or at such other place ~s MortgaRee may designate in wrifing. ' 'L. To ~iay when due, and without requiring any notice (rom Mortgagee, all la:ex, aasexsmenla ot any ty~~e or nature and other chargea leviec! or :~s.seasird agsiinst the Morigaged Properiy or thir Morigage and produce receipta~there(or u{wn -' dem:+nd. To immediately ~my and disc•harqe any claim, lien ur encumbrance against the Mortgaged Property which may be - ~r t-ecome su~~erior to this Mortg:~ge and to pertnit no def:rolt or delinquen~y on any other lien, encumbrani•e or charRe - :~R:~inst lhe Mortg~ged Pro~~erty. - 3. If required by Mortg:~Ke~. !o al~o make monthly de~~ita wilh Mortgaqee, in a non-inlerest F-earinq accounl, to- ~ gether with and in addition to interest and prin.-i~xd, ot a sum equal to one-tweltth ot the yearly tn:ea and assessmenta which --- ms~y be levied againat the Mortgaged Property, and li( ~ required) one-twelfth o( the yearly premiuma (or insurance -' thereon. The amount of su~h taxea, :~a~+esamenta Hnd premiums, when unknown, shall be eatimated by Mortgaqee. Such de~~xita ah:ill iie uaed by MortRaRee to pay quch lnxea, ax~essmentn and premiuma when due. Any insufticiency ot such -1- ~ E ~~_~ _ _ _ .._ .. _ n . ,_. : _. B~N1K~~~ P!Gt~~ .~:_ , ~w~'~