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MORTGAGE DEED AND SECURITY AGREEMENT
TH1S T10H'1'GA(;N: Dh:F.I) 11h~• At~~r ~;•~~;~~1. d:~l~yl as ut Uecember 1S . 1:1 $~, by and IKiwecn
~Xk?C~PXm~Ol4YxX~~ ~ ~ Donald Golden
Ihe~einafter c:~U~~el A1or1ti:~~;ur) :+nd SU IIank , N. A. , having an
o(fice at Orlando ~ ' . Florid:~ (hereina(te~ c:~UcK! I~1o~tgagre):
~YITN~SSETH, thal in i•on.id~•~:~ti~~n of the ~-mmises :~nil ~n order tu u.K•um the payment of twth the prinri{w) ot, and
intemst ~nd u~y other sums p:~y:~ble un ih~~ note las hcrein:~(t~r detincYl) o~ this MortgUge a~d the ~-crformance and ob-
servance o[ all o( the proti•isions hcn•u( and o( s:~i~l nute, Atortg:~{;or hereby Rr.-nts, srlls, war~ants, aliens, mmiu~s, teleascs.
conveys, assig~s, t~ans(e~s. tnurt~:~~~~v and si•t~ ~.~~~t and cun(~rms unto Alortg:~gce, all of Mo~tgagur's estale, riRht, title and
interest io, to and under all th:~t c~•rt:~in r~•:~1 pru~K•rty situali•in .~' - i•»~ Couoty, Florida mor~ ~k~rti~•ularly
descrit~ed 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.
.^-''~c::rg S /C e. ~~.~ IN PAY~':NT OF TAXES ~~ . ~•r ,
~3~
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!.'._ " 1 C~':: •C' 1:'.Ts`.3.2i~ P:?~~r:.:l I'49PERTY. ' ~ ~
F;;. ~:.:~i T~ i::::'~::~ 71-:-3. R'~TS Gf 1l71. ~ --- j
. . ~. ~ 1~.~E?l
E_.:~i P.:1(f:aS ~ . - _ •
tl' i.d ',! :•:1f.T CL3:T. ST. lU~:IE CO.. fLA.~' - , - • -- -- ~- - ----- -- ~
TOGETHER Wl"1'!1 ail impn,~~i•m~•ntx ~~uw ur h~•r.•aft~•r Ic~~•at~~l un .:~id real pro~xrt~• and all tixtures, :~ppliances,
apparalus, equipment, hi~ating :u~d air conditi~~ninl: ~K~uip~nent, m.u•hinery :~nd articles ~~f ~ienonal pm{x•~ly and replacement
therErot (other than those c-~~•n~•d b~• Ie...i•rs uf 4~id r~:J ~iro~Mrty - nuw nr herra(ter a((iiuY! to, attached to, placcd upon, or
usa~cl in any w:ry in connrct~un ..•if6 the roin~dete :1nd com(~,rfabl~~ usa•, uc~•upani•Y. or o~~er.~tion o( ~id real pro~~erly. :dl
licensas and ~-ermits used or r~Y~uim~! in i-unne~•tiun with Ihr ~,~• of s:iid real pro~,erty, :~11 lcascs of s:iid real pro{~erty now or
hem:dter entemci intu :-nd aU riKht, titlt• and int~•n•st o( htort~;a{;or th~nw~J~~r, in~•IudinR without limitation, cash or securi-
ties de~wsited themunder pursu:~nt tn ~:ii~l I~:~~e., :ind all rentc, iswes, procceds. and ~irotits a~rruing trom s:~id mal property
and together with nll proceeds ~~f the i-om~r•nion. ~•uluntary or incolu~tary o( :~ny of lhe foregoin~ into cash ur liquidateei
claims, in~•luding a~ithuut limit:~tion, prcx•~•ed~ of insur.in~-e and condemnation :~wards (the foregoio{; said mal property,
tan~;i61e and intnnkible ~-ersonal pro~yi•rty h~~min:~Rer n•(e•rreYl to as the AtortKaged Yro~~erty). vloHgagor hereby grants
to 14fortgagee :- se~~urity int~n•st in ihe (ore~;uin~ Jew•ri1K~c1 tan~ihle and int:inKiLte ~~ersona) pro~xrty.
TO HAVE A!~IU TU 1(Ol.n thi• ~1urtKar~•d Yru~K•rt~, t~~,~~thi~r with aH and sin~ular thc tenrments, her~Ylit:~ments anJ
:q~purten:u~ci-s ll~~rriu~tu IN•I~~ny;iu~; ~~r i~~ :~n~•tc~.~- a~~~H•rt:~inin~ :~nd Ih~• n•~~~~niun :~mi n•v~•niun~ tFt~•n•of :~nd :~11 Ih~• ~stat~,
ri-~ht. tiU~~, ir.ti~rest. I~om~~,lr.~d. d~~t~rr :~nd ri~:hl ul d~~~v.~r. •~•~,:~r.~t~• .~•~t:d~•. ~n~+,~•ss~un, ~-I:nn- :~nJ d~vnand w•L:~Is~K•~•er, :~s
w•el) in I:~w :~s in i~c~uity. ~~f \1url;;:~~;ur :~nd unt~~ Ih~~ ~.~~m~, :~nd ~•~~•n• ~~art th~•mof, ~vilh th~ :~~~~rurii•aan~•~:s u( A~lort~;:~~;or in
and to the vime, an~l e~•i•ry ~~art :~nd ~r.~n•~•I th~~r~~u( untn ~1urt~;aR~r•-
A1orl~;agor ~v:~rrant. that it has a~;u~xl aud ~n:~rk~•t:~Ll~• t~U~~ 1u :~n ind~~fe:~tiibli• (cK• est:-te in th~• ~tort~;:iR.~cl 1'ro~Mrly
su6jec•t to no lien. charKe or en~•umhr.~n~•~~ ~x~•r•pt su~•h :~s ~l~rt„:i~~r ha, akrwYl tu :~crept in ~ ritinK :wd ~1ort~:~K~,r covenants
~ that t:~is \lortga~;r is and ~~ill rcm:~in :~ ~alid aud ~•nli~nr:~bl~•~~KmortRakt~ on the \tort~;:~Ked Pro~xrFy subject only to the
~ exceptions herein provided. \lorl;;:r;ur h:~ti (ull ~~u~c~~r :~nJ I:~.vtul authoritr !~~ n~ortRa~;e the :~1ort~;:~~c~l Property in the
N manner and torm herein done nr int~•ud.~d h~•n :Jt.•r t~~ h~• dune. ~1ur~~;aKor ~~'ill ~-n•sen•c su~•h title nnd w•ill torever w:+rrant
r'1 and de(end the s:~me t~~ \lnrt~;.~~;ee and ~cill (nrr~•~•r ~~:irr:~nt an~i ~1~~fi•nd th~• ~•:ilidih• :~nd pri~irity ~f the lien hereof against
_`'~ `~ the cl:iims of all ~-er.wms :~nd p:~rtie5 N'hOill?IN•~~~~c -
• r~
T,,,`~-~ ~ ~tortK;«;ur ~ti•ill. :~t Ih~• ~•u.t o( .1ort~;:~;;ur. :uid withuut ~~x~r.~n,c• to \turt;;:i~;r.•, du, ea~~cute, ackno~.~1~Yl~e and deliver all
- and e~•ery such furth~•r a~•ts, d~~~•d~, ~~~~m~•>:inr.~~. rnutt~;at;~~c, a~.~;;nnu~r-ts, nuti~-~•s u( :~,~,i;;nm~•nt. tr.~nslers and a.surances as
~^' + nlortK:i~ee shall from t~~ni• tn t~mc rv•quim in urd~•r to pms~~n•~• thc~ priority uf thc lien uf th~s hlortFaRe or to iacilitate thc
~`~ O~er(ormance of the terms hemuf.
~ , i~ ~C3 {
~ ~
• r~ 'R ' F) NO\VEVEIZ, th:~t if \1urt~:r;ur sh:ill ~~:-~ to ~1ort~;a~;~Kr the ind~bt~~lness in the principal sum of
~ o~, Sb,Bb'd'.~o
;, y,a ~ :~s «'iden~•~~d Ly that ~•~~rtain promiunry notc (the Note), of e~•en date hernwith, PXCCU~C(I by G M~
.;^, C:, ~ nm~r~~1 payablr tu ~,rd~•r uf ~lurt~;:~~;~v~. ~~ilh int~~n~st ;~n~l u~~~n Ih~~ t~rnu as pro~~ided themin, and together with all ~
~r~othcr sum~ :~d~~anc~Yl hy Atort~;:~R~~~• tu or on Ix•h:ilf of A1~~rt~::i~;or ~~ur.uant to Ihc l~iot~ or this tilort~;agr, thc fina) maturity
• dafe of the ~ute and this ~1or1{;:~~;~• IK•iu~; , anJ shall pcrform all other c-ovenanl.g and
condilions of the ~ot~•, :~II ul th~~ ti•nnc ~~f Nhi~~h l\~~ti~ :~n• rn~•or~wr.dc•d h~•n•in br refer~nce:~s thou;;h set forth (ully here-
in, and of any ren~w:~l, i•xt~•miun ~.r ur«1~fi~•atiun. th~ve~~f :~nd nf thiti \lortgay;c, then this ~tort~;aF~• and thc estate hereby
~ crPated chall ccasc :~nd t~~nnin:~t~. '
~1ort~a~or (urth~v ~'~n~~cnants anil :~{;re~~s with ~lort~;a~;~v~ as fnllowc'
1_ To ~r.~y :~11 ~ums, includinR in~~~r~~sl s~•~•ured h~vel~y ~.~h~~n dur, as prnvid~•d fur in the \iot~ and :~ny rene~cal, extension
ur mrxlilicatiun th~reof :~nd in this \tort~;:~~;~•, :~II su~•h sum~ tu be ~r.~y:~Ll~~ in I:iw(ul mon~•y of the ilnit~~cl States of Ameri~a
at ~1ortR:lRee's :~ton•s:iid princinn! utfi~•i•. ur :il xu~•h olher pl:~re as ~1ort~ay;ri~ ma~ de~iKnate in writin~;.
2. ~Co pay ~~•h~•n dui•, :~nd wilhuut r~•yuirin~; :~ny nnti~•~ fmm ~1nrtR:~~e~. :~11 taxes, as~s~umenls of :~ny ty~~e or nature
:~nd olher ch:~r~;es Ic~•~~•~t or :~.s~•„~~d :~;;:un<t thr ~lurtk:i~:~~1 Yro~N•rly or Ihis 141ortgage and prcxluee rc~cipts thcretor u~~on
dc~naod. To immrdi:~t~•!y ~r.i~• :~nd ~li.~•h.~r~~• any ~•Liim. iii~n or ~•ncurnLr.~nr~• a~a~nst th~• MoriKa~cd I'ro{~rrty which may t-e
or l~ecome su~~erior to Ih~s ~1.rrt~;:~~;~• :u~d to ~H~rmit n~~ ~li~t:~ult ur d~~linyuency on any other lien, encumbran~•e or charge
aKainsl the \1urtR:~~~ti1 Yro~K•rty. ' ', ~
3. 'If required t~~~ ~lurtk:~};~•~~. tu nl,~~-m.~k~• nu~nthh• ~I~~pusits ~.•ilh ~1ort~:~gee. in a non-inlerr~t Ixaring ac~~ount, to-
Rether with and in ad~litiun to int~•rest :~nd ~rnn~•i~r.~l. o( a sum ~•qual t~ one-~wclfth of the ycarly taxc~ and assestiments which
may t~e le~•icd aRainst the :~1ort~;aF~•d !'r~qr~•rl~•, and li( .n n-yuirc~cl- one-tw•cl(th ot the ycarly ~-remiums for insur.~nce
thpreon. 7'he :~muunt of cu~•h t:ixe,;. .+s.~•~~nu~nt. :~nd prrmiuma. «~hen unknown, shaU be estimated by AtortgaRee. Such
de{x~sits shaU he uu•d by ~tort~;,u'<~~~ to ~r.~v su~•h t:~aes. :~c~~~~sm~•nt~ and premiums when due. Any insufficiency ot such
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