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TNIS IN:TRU!dENT f'REF•r~~:,~o orShella J. _Pauley
T{iLE d 1RUi~i C~~ • A::ST- 3 TITLE DIV
8a00 S. FED. F4WY.. PORT ST. LUC-E. F~ORIW139as2
MORTGAGE DEED
THI5 MOR7'GAGF., ex~ut~l th~s _..19~h... doy ot .....DE.C~AlB~R.
PS-3962
.~) ~~~ J ~~.
. A.D.. 19 . $ 0. bY
DAVID A. AULT ANU TINA AULT, NIS (~~IFE
hereinntEe~ callt~l the Mortga~Ror, which lerm ah:~ll i~i~lude sinRular or ~durad, cv-r~H~r:dion ur individual, :~nd either ~ex,
nnd shall include ihe heirs, legal represenlntivcw, su~rexsors i~nd utiviRng o( ih~ A1ortR:~Ror, to
AMERICAN BANK OF h1ARTIN COtiNTY,
t~ State bnnkinR cor(wrntion org:~nizc~l and ezisting under the I:~ww of Nlurid:~ wilh itx pnn~•i~-:~1 ~~la~•~ ot buKini~x in
M~rlin Counly, Floridn, herein:+fler c:~llecl the 111ortRaRcr, vvhi~•h term shall in~~lude the suir~~.wrs :~nd .~~csiRns of the
said Mortgagee.
WITNESS~'TH THAT,- WHFREAS, Ihe \tortR:iRor h:~a rc~-eivirl a lo:in trom the 1~1ortRngce :md i~c juslly ind~btEd
lo the Morlg:~gee, which indebtetlnesa is hereby acknowl~KlRc~1 and is evidenced by a irrlain promitsory note, a~rpy o(
which haa beem m~rked "Exhibit A" and .~ttt~ched hereto und the pmvi~ions nf g:~id note are by reterence made a~~:~rt ut
this instrument.
NOW THIS 11fORTGAGE WITNESSETH, th:d the s:~id MoNRaRor tor the hett~r ~•uring o( the several
sums o[ monev mentioneci in the ~:~id note does h~~rnby Rr.~nl, b:irRain, sell, :~lirn, rem~se, rele:~se, rnnv~y and eonfirm
unto the said Mortgagee, in tee aimple forever, the toUuw•in~ dcwcritxrl lan~i, u( whi~•h s:~id A1ortRagor is now sei~ed and
pos.ges.ged and in actual possession
St. Lucie
situate. lying and being in . . . . . . . . . . . . . . . . . ('ounty, Slate of Florida. :~nd more ~~:~rticul:+rly dcsc•ritx~d as (ollows:
~ Lot 44, Block 1502, PORT ST. LUCIE SECTIGfi Tw'ENTY-ttiIiiE,
3~
` according to the plat thereof, as recorded in F•lat Book
14, pages 8 and SB, of the public records of St. Lucie
Co~nty, ~'lorida.
F.' "~:: E'.1 s_~ 0 IN PA"!!4'f!(T OF TA~ ~ , -, - '.
L~-- C t C:-.i •C' 1'tT..':u ^~ E Pcf'~C:ti~l PFOPEIt1Y,: • . j' r . . ., _
F:: :_::ti TO S:i.'..~i;. li- J, R'TS OF 1~71. `. ~ `
r._._:. P..ts..,1s -' , - ~ - .`' _ ` ij ~. .~ 0
~1 ~.-. . . -
CL: ~.1( q«;,IP.T CCSaT. fT. W~:iE C0, FLAL~•1"~ ~ _ _` ---- - ---
PRINCIPAL AMOUNT FOUR THOUSAND TWO HUNDRED AND NO/100
'I'O('ETHER WITH all and 9ingular thr trnemPnt~, heriditament~c and appurtenanc•es thereunto belonRin~ or in
any wise apper4+ining and all structures and improvements now an~1 herea(ter on s:iid land :md :dl fizture~ attached
thereto, together wilh all rents, isgues and profits acrruinR trom said premiu~ and all Kas, steam, elcti•tric, water, plumb-
ing, IightZ~g, ventilating, heating and cooling systerr~4, whii•h now• are or may be in or on s:ud premises thouRh they
be detached or detachable, includinR but not IimitcYi to :dl retriRer.~tor:;, stoves, o~erex. :~ppliances and carpets and all
additions, replacements and incre:~se thereot here:dter :u~quired or l~:~ted on the s:~id premi~es, and all attachments
and parta thereot, and any additions, extensions or t-etterments of, in or to the buildinRs now• or hereatter erected on
the said premises. "
TO HAVE AND TO HOI.D the at-ove Rranted premises. w•ith the appurtenances unto the said :llorlQagee, in [ee
simple (orever.
AND the said Mortgagor hereby coven:mts and agrees with the w~id AtortRaRc~ :~~ follow•s:
1. That the 111ortgagor is law[ully seized ot the atwve descrit~l premises in (ee simple and has Rood riRht to sell and
convey the a~me to the MortqaRee; that the said premises are tree and dischar~cd o( and from all 4~xes, tax titles or
certificates, judgments, mechanics' liens and en~~umbranres of any nature or ki~d what~ever and that the 111ortgaqor
will tully warrant and defend the same to the Mortgagee, against the lawful claims and demands ot all ~~ersons .whom-
soever, and will make such turther assuranccw to perfect fee simple tiNe to s~id land. in the ;11ortRagee, as may reason-
ably be required, and will pay the sever.~) sums of money ~greecl in the s:~id note to be p:~id :-nd :JI inslallments o[ prin-
ci~~l and inlerest thereon promptly when due. and an~ordinR to the true tenor and elTect ot the said nole.
2. That the Morfgagor will pay all and singular the taxes, assessments, (evies, and encumbrances o( every nature on
the above described property, and upon this mortgage and note, or the money secvred thereby, before delinyueniw thereof
and receipls evidencinq payment of s:~id t~xes. :i~gessments, levies and encumbran~es shal) be de~x~sitecl w•ith the 11ort-
gagee on or before Marc•h Ist of each succeeding year during the term o( this morlRaRe: :~nd i[ s~me F-e not prom~~tly
paid when due, Ihe MortRaRee may twilhout oblig~tion to do so) ~~ay the a~me, or become purc•h:~ser ot :iny lawful evi-
dence thereof, or certificate there(or, without w;~ivinR or aflectinR any riRht hereunder and in this morlga~e. or !he s:~id
note which this mortRaRe secures: and such payments or expenditures so made shall bear interest trom the date thereof
at the hiRheat legal rate.
3. That the 111ortRaRor wiU keep all real and personal pro~~erty now or here:Jter en~•umt-erecl by the lien of this
mortgage insured as may F~e requirecl trom time b time by thc AtortQaRee aRainat loa4 by fire, v~•indstorm and othrr
hazards, casuallies and continRen~ies (or surh periods :md (or not Icws than surh amountc aY may F~e requircYl by the
Mortqagee and lo {xiy promptty when doe aU premiums for such insurance. The amounts o( such insurance required by
the MortRaRee are expres.give q( only the minimum amounts (or whic•h 4aid insur.~nce shall be- ~vritten and it sh:dl be
incumbent upon the ~tortRaRor to maintain such :~ddition:il insurance :is may be nec•e~4:~ry to meet ~nd mmply fully v~ith
all co-insurance requiremenls crontainecl in s:~id ~wli~•ies to the end that s:nd MortRaQor is not a co-insumr th~reunder.
Insurance shall F~e written by a crmpany or ~nm~-:in~e.c approved by the AtortRaRee and all ~~liries and rene.wals ihereot
shal! be held by lhe 111ortRaRc~a. All detailerl desiQnations by the MortRaRor which 'are accepted hy lhe \tortRaRee and
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