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Home My WebLink About122651486~ ~p - 3~3.~ ~~ ~' ~1Q~ io• ~~ MORTGAGE DEED AND SECURITY AGREEMENT ~'d 8~ ~~ ~~. TNIS MORTt;AGE DF.BD (the MortRage-, dated as o! J~uary 20 ~ lg 81 ~ tiy Hnd belween Rosa Lee Griffin Ihereinatter cnlled Morigngur) and SWl B1nk Of St. LUCl@ CoW1ty , having un ottice at 111 Orange Avenue, Ft. Pierce . Florida Ihereinu(tercalled Mortgageel: $•~~ . WITNE3S~'TH, that in con~iderution ot the premisea and in onler to secure the paxment ot hoth !he principal ot, arx! intereat and any other aums payable on the note ls~s hereinatter detioed) or lhis Mort6age and the pedormance and o1~- eervance ot all ot the pwviaions hereof and o( aaid note, Mortgagor hereby srants, sells, warrants, aliena, remiaes, releases, conveya, aaaigns~ tmnaters, mortgagee and seta over and contirnu unto Mortgagee, ali ot Mort6agor's eatate, riRht, title and in/erest in, to and under all that certain teal property situate in St. LuCl@ County, Florida more patli~ularly described tia follows: Lot 36, J. E. W. Mc CULLER'S SUBDIVISION, according.to the olat thereof, as recorded in Plat Book 4, page 34, of the Public Records of St. Lucie County, Florida. ~.:~.~~ycn s ~d•~~ IN PA1'xf`.!T CF TA~t i . . . + t.'•~i.'C' !t~' ~. ~ ?L~ F....,. . .l P~O~fAiY. .• .:ii ?J Lti:.~f:.. Ii- 5, P.::.i t;r lsJl. ~. ~:.C:R P.,l(a~ M , ~ CL~RK qwLllii C0~1'i. ST. W~IE_CO.~F1~~'11~ . ~ ;j j. 1 !3 + 'I'OGETHER WITN ail improvements now or hereafter lorated on said real property and all ti:tures, applianccs, ap~k~ratus, equipment, heating and ~ir conditioning equipment, machinery and articlea ot personal pmperty and replacement thereof (other tha~ those owneci by lessees ot said rnal property) now or hereatter a((i:ed to, attached to, placed upon, or used in any way in conneetion with the complete and comfortable use, occupancy, or operation ot said rnal propertv, all I+crnses and permits used or required in connection with the use ot said real property, all leasea ot said real property now or hereatter entered into :~nd all right, tille and inlerest o( Mortgagor thernunder, including withoul limitation, cash or secvri- ties deposited thereunder pursuant tu said leases, and all rents, issues, pro~reds, and protits accruing from said real property and together with all procecKls of the con~•ersiun, ~•oluntaty or in~•oluntary of any ot ihe foregoing into cash or liquidated elaims, including without limitation, procee~ls ot insurance and condemnation awards lthe foregoing said rral properiy. tangible and int:~ngible {~ersonal pro~~erty hereinafter reterred to as the Mortgaged Property-_ Mortg~gor hereby Krants to Mortg<+gee a securily interest in the foregoinR descritx~t tangible and intangiblr persona! properiy. 'I'n HAVF. AND TO HOI.D the 1~lortgaRed Yro~~erty, tc~elher v-ith al) a~d singular ihe tenemenis, hereditaments ~nd appurten~nces ihereunto heionKing or in anywise :+ppertaininR and the re~rrsion and reversions thereof and aU the estate. riRht, tiUe, interest, homestead, dower and right of dower, sepante estate, posseasion, claim and dem:ind wM.~tsoever. as well in law as in equity, of A1ortR:~gor and unlo the s~me, and every ~k~rt ther~t, with thP appurtenances ot MortRaRor in :-nd to the s:~me, :ind e~•ery ~~:+rt and ~k~r~el thereo( unto bic-rtR:~R~. Morigagor warrants that it hax a gond and marketable title to :~n indefrasible (c~ c~tate in ihe :~iortRaRecl Pro{~ert~ subject to no lien, ~•harRe or encumbranre e:cept such as 1~lortg.~gec• has azreed to .i~•i-epi iR writing and 111ortRagor rnt•enantc th.it this Mortgaqe is ~nd wiU remnin a v:~lid and en(orc•eable (irst mortg:+ge on the Morig:~Red Property subject only to the exception.a herein pm~•ided. I~tortgagor h:~s tull power :~nd lawful authority to mortRaRe the 111ortgaged Pro~mrt~ in the m.inner and torm herein done or intended hereafter to he done. A'IorlRagor wifl preserne such title and will (ore~rr warrant and de(end the same to btortgagee and will fore~~er warrnnt and de(end fhp ~~aliditv and priority of the lien hereot aRainat the ~laims ot a11 persons and parties whomsoe~•er. Mortgugor will. :~t the cost of Mortgagor, and withuut expense to Mortgagee, do, execute, acknov-•ledge and deli~~er all and every such further ai•ts, deeds, conveyances, mortRaRes, ~-ssignments, notices o( assiRnment, transters and assurani-es ac Mortg:,Ree shall trom time to time require in order to presen~e the priority of the lien of this blortRaRe or to (acilitate the performance of fhe terms hereot. PROVIDEn HOWEVER, that it MortRagor sh:~fl ~~:iy to MortRaKee the indehtedness in the principa! sum ot E 5~380_02 as e~•idenced by that certain promissory note (the Note), ot even date herewith, ezecuted by Mortgagor and ~k~y~ble to order of Morigagee, with interest and upon the terms as provided therein. and together with all olher suma advanced by I~1ortKagee to or on behalt of MortRaRor purr.uant to the Note or this Mortgage, the (inal maturity date o( the Note and lhis 1~1oHgaRe being Januarv 19~ 1486 , and shall per(orm all other co~•enants and ~~ondition.4 of the Note, all of the terms of which Note are incorEwrated herein by mtemnce az though set forth fu11y here- in, and of any renewal, e:tension or mocliti~•ation, thereof :~nd of this A1or2Rage. then this A'Iortgage and ihe estate herehy crnafed shall cease and terminate. 119nrtR:iQor further ~'om•enants and aRrees with MortgaRee as follows: !. To Ewy al! sums, including inlereat seivred hereby when due. •rs pm~•~ded (or in lhe Note and any mnewal, e:tension or modi(ication thereo[ and in this MortRage, all such sums to be payable in law(ul money of the lJnited States ot America at MortRagee's a(oresaid principal ottice, or at auch other place as MortRaRee may desi~nate in writing. 2. To µ~y when due, :~nd withoul requiring any notice (rom Mortgagee, all taxes, assesamrnta ot any lype or nature and other charges le~•ied or assessed against the Mortgaged Property or this Mortgage and produce rereipta there(or upon demand. Tn immediately pay and discharge any claim, lien or encumbranre against the btortgaged Property which may bF or t-ecome superior to this MortgaRe and to permit no detault or delinquency on any other lien, encumbrance or charge :~Rainst lhe Mortgaged PmpeHy. 3. It required by MortR:iRee, to also make munthly dF•{wsits with MortRagee, in a non-interest bearing account. to- gether with and in addition to interest and principal, oE a sum equal to one-twe(tih of the yearly ta:ea and assessments w•hich may be levied aqainst the Mortgaged Property, and (it so requiredl one-tweltth ot the yearly premiums (or insurance thereon. The amount of such taxes, assessmenta and premiums, when unknow•n, shall be estimated by 111ortgagee_ Such de{wsits shall be used by MoHRaRee to pay such taxea, :~.sses+snienta and premiums when due. Any insuificiency o( such fnl`~ INSTkUMEtVT PF.~nAr":. ~ '. 5~:, 6~~«c o! S~ Luc+e ro,.~ . _,_ '1t1 .,fi'• ~.zr .~-r.i.<.~_- ;:..,. .-~~;•.~:. ~!o:~~:~ lll iC1:J1!! 3~~3r:J ST~+_ET. ~ '~~= rs;..~ ~r__.:w. ~-y. _.._=V:i F.~'~ 3~7 ~~~~ 1~ . ~ ,.;~ , ~ ;~ r `'-:~~`