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Home My WebLink About0185L . ~1 I • ~1 /~~~C lA~s Inst~~im~nt ~'r~• " .i~! V . s~td ~~y JO}-!N A. UARL~O:~l, ESQ. . DMLSON AN9 AALKO. CAart~red MORTGAGE DEED P• O. Nox z3~s 959 S. Fed~r~t M~vy. THIS MORTGAGB, executed ~his .. . 8~ . . . . day ot . . . . . . . . . ..~,at11k'lY',y . . . . . . . . . . . . . .st~,Ke,~io~~ ~by ~~ FELIPE SOTOLONGO and PAMELA J. SOTOLONGO, his wife, Ibg' hereinalte~ culled the Mortgagor, which term aFudl include sioRulur ur plurnl, rnr~wralion or individual, :~nd eilhPr ~z, and shull include the hein, leg~l ~eprea-enlntives, auccesvoro and :-avigns ot the 11lortgaRor, to AMERICAN BANK OF h1ARTIN COUNTY, u State banking co~pomlion ory~anized t~nd eziating under the luw~s of Florid:~ with ils princi~-:~I pla~r n( businesa in Murlin County, FloridA, he~eina~fle~ c.illed the MortgaRee, whii•h term ahall include the au~~~wr~ and assiRns of the said Mortgagee. WITNESSE7'H THAT, WHER~AS, the Mortg:~Ror has rei~eivcd a la~n fmm Ihe Atortg:iRee and is juaUy indebted to the Mortgugee, which indebtedness is hernby a~cknov-ledged nnd is evideni~ed by a i~ertain pmm;~.w-ry note, a~Y~py of which has been murked "Exhibit A" and attached heretu and the provisions ot ~u~id note are by re[ereni-e made a p:+rt o[ this instrument. NOW THIS 1110RTGAGE WITNESSETH, th:+t the s:~id Mortg:~gor tor the t~eUer ~•uring of !he several sums ot money mentioned in the s~id note does hereby grant, h:~rR:~in, scll, alien, remi:ie, mle:~se, innv~y and confirm unto the said Mortgagee, in tee simple tomver, the following descritx~cl land, ot which said Mortgagor is nuw seiced and possessed and in aclual ~wsgession situate, lying and being ~~.. .. St . Lueie ...~o,,,,~y, State ot Florid:~, :~nd more pa~ticu::~rly describecl :~s tollows: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. R~~:~;, s aasoa ,x P,~~'~`(T aF TAXES :: _ C 1 L_'~: 'C' !"T :Y.~.,!: f•_".. _ ..i P:.9PERTY~ ?:I".._.'rii TJ :i::.iT..• 7i- ~~, ._{j irf 1~11. ~. fi_`3 P_IIt~S jn. Ct~£K pA~UR CCDaT, iT. W:.iE Ca, F1~q) } ~ ~ . • - - ~ .. ~ = • ' ~ O ~. . ~ : .- ~ t 'I'O('ETHER WITH all and singuiar the tenemeqts, heriditaments and appurtenances thereunto belonginR or in any wise appertaining and all structures and im~~mvements now :~nd hereattrr on s:~id I:~nd and all fixtures altached thereto, together with all rents, issues and pro6ls airruin~ from s:iid prnmises and all gas, steam, eleclric, water, plumb- ing, lighting, ventilating, heating and cooling systems, which now :~re or may be in or on s:~id premises though they be detached or detachable, includinR but not limitecl to all re(rigentors, stoves, ovens, ap~~tiances and carpets and all additions, replacements and increase there~-t herea(ter ac~uired or located on the s-~id premises, an8 all attachments and parts thereot, and any additions, extensions or betterments of, in. or to the buildinRs now or hereatter erected on the said premises_ TO HAVE AND TO HOLD the abave grantecl premises, with the appurtenances unto the said Mortgagee, in fee simple forever_ ~ AND the said Mortqagor hereby covenants and •rgrees with the :said Mortg.~gee as G~Ilows: 1. That the Mortgaqor is lawfully seized of the above described premises in (ee simple and has good right to sell and convey the same to the Mortgagee: lhat the s:~id premises are free and discharRed o( and (rom all taxes, tax titles or certi6cates, judgments, mechanics' liens and encumbrances of any nature or kind whatsoever and tt-at the Alortgagor will fully warrant and detend the same to the Mortgagee, against the lawtul claims and demands of all persona whom- soever, and will make such further assurances to ~~ertect fee simple tide to~said lan•i, in the Mortgagee, as may rnason- ably be required, and will pay the several sums of money agreed in the said note to be ~~id and :~11 installments o[ prin- ci~ral and interest thereon promptly v-hen due, and a~rording to the true tenor and efTect of the said note. 2. That the Mortgagor v~ill p:~y all and sinqular the taxes, assessments, levies, and encumbrances ot every nalure on the above described property, and upon this mortgage and note, or the money secured thereby, before delinquency thereof and receipta evidencing payment of s:~id taxes, a.gsessments, levies and encumbrances sh:ill be de~~osited with the Mort- gagee on or before htarch lst ot each s>>cceeding year during the term o( this mortRage: and i[ same be not promptly paid when due, the MortRagee may twithout obliqation to do so) pay the same, or become purchaser of :~ny lawful evi- dence thereof, or certificate theretor, without waivinq or ~Hecting any right hereunder and in this mortR~Re, or the a~id note which this mortgage secures; and such paymenls or expenditures so made shall t,ear interest trom the date thereot at the highest legal rate. 3. Thal the Mortgaqor will keep all real and personal property now or herea(ter eneumberect by the lien ot this mortgage insurecl as may t-e reyuired (rom time to time by the MortgaRee against loss by fire, windsform and other hazards, casualties and contingencies tor such periods and for not le~s than such amounts as may be required by the Mortgagee and to pay promptly when due all premiurri4 for such insurance. ThP amounts of such insurance required by the MortRagee are expressive of only the minimum amounts for which said insur:~ni•e shall be w•rilten and it shal) be incumbent upon the 1~1ortAaRor to maintain such additional insurance as may be neces.sary to meet and comply (ully with all co-insurance requirements mntained in a~id ~wlicies to the end that s:~id MortRaRor is not :~ rn-insuror thereunder. Insurance shall be written by a com~~ny or ~rompani~ approved by the 1~1ortRaRee :~nd all ~ioli~•ies and renewals t6ereot shall be held by the MortRaAee. All detailed des~gnations by the Mort~agor which are acceplcYt by fhe 1~fortRagee and ~~~. ~ `~K347 P~~E 185 i ~ .~ . . - :~ i . ,. _: . . . _ .s'.t~a~,}x?.-.~-'Yt ~S'.~ .... .1.~- . ~ ....- .. `~`4`~ ..nw;3+i~~~J-y.