The URL can be used to link to this page

Home My WebLink About0117• f lhls Instrar.•c~t P~epared NY , S1'7642 JOHN ~. DARISOt~l, C'Q. . ~nr:~~cn , :r. e :r . •. i,z-:«ea , r. o. e~. :: ~:, ~ 3 ~~y s. Fc~:.r,~ Nwy. MORTGAGE DEED s~,,,-~. Flwda 3~s~ a. THIS MORTGAGE, e:~~c~ ~h~8 . 26.th.... . aAy ot ..... .. Novembe.~ . . . . . . .. . ...... . A.n., 198.0. , by `•. RICK A. SUGGS and MARYANNE SUGGS, his wife, hereinalter called the Mo~tgagor, which lerm ahull include eingulnr o~ plurnl, rnr~x~ruliao or individual, s+nd either aex, ~ and shall include the heirs, legal representntivea, succes+ors nnd aia.~ign~ of the Nlortgagor, to (~7. S AMBRICAN BANK OF MARTIN COUNTY, u Stute bankinR corporation organizecf nnd existinR under the l:~ws of Floridu with ils princi~-:i) plu~r. of busineas in Mn~tin County, Florida, hereioatler ci~lled lhe Mortgagee, which term sh:~ll include the sucY~c:iyon aod assigna ot lhe said Mortgagee. WITNESSETH THAT, WHFREAS, the Mortgugor h:~.4 received n lain fmm the Mo~tq:~gee nnd is juatly indcbled to the Mortgpgee, which indebtednex+ ia herehy acknowlcrlRecl :+nd ia evidemrcl by a certnin pmmiAVOry note, :~ copy ot which haa been marked "E:hibit A" t~nd z~tlached he~elo nnd the provisiuns of said note are by retemnce mude u ~u~H ot this inatrument. NOW THIS MORTGAGE WITNES.SETN, thnl the s:~id Mortg:~Ror for the betier ~-uring ot the several aum~ ot money mentioned in the said note does hereby grant, b:~rRain, seU, alien, remiae, release. ~»nvey :ind ronfirm unto the said Morlgngee, in fee simple forever, the following dei+c•ribecl l:~nd, o[ which s:~id Mortgagor is now seized and {xiseeased and in actual posseseion - situate, lying pnd being in.. .St r. . LuCle. ..__,~-ounty, Stnle ot Floridu, and more ~wrticularly deacribed as to1loN~a: Lot 11, Block 1559, PORT ST. LUCIE SECTION THIRTY, according to the plat thereof, as rec.orded in Plat Book 14, pages 10 and l0A through 101, of the Public Records of St. Lucie County, Florida. ~,gNS~rTV.cr ~N pw.nryT OF TAXEs R,^rY~D s 9o.u~ ^~~ p_, . l f:^~Eel'y, ~~„ : i t:'~~ ° ~ _ i: .IS Gr ly)1. • 1:1~~..'.~'s T:: ~~ • ` ~ ~ •.li.:~i CI:F.K Gc.:ll'•T G~J:.i. Si. lU..IE C0. ~~~ . .~ 'I'O("ETHER WITH ali and singular tt-e trnements, heridit.~ments and appurlenances thereunto belonging or in any wise appertaining and all structures and improvements now and hereatter on naid land and all fi:tures attached thereto, togelher with all rents, isaues and profits accruing from s:iid ~-remises :~nd all ~as, ste:~m, eleciric, water, plumb- ing, lighting, ventilating, heating and cooling systems, which now are or may be in or on said E~remises though they be detached or detachable, including but not limited to all retrigentor~, stoves, ovens, appliances ~nd carpeL4 and all additions, replacementa and increase thereof herea[ter Tcquired or locatecl on the said premises, and all attachments and parts thereof, and any additiona, extensions or betterments o[, in or to the buildinRe now or hereafter erected on the said premises_ TO HAVE AND TO HOLD the above granted premises, with the appurter~anres unto the said Mortgagee, in tee simple forever. AND the s:iid Mortgagor hereby rnvenants and agrees with the ~id MortgaRee as (ollows: ~ ~ _ ~~ s.:_ 1. That the Morlgagor is lawfully seized of the above described premisea in fee simple and has Rood right to sell and convey the aame to the Mortgaqee: tfiat the said ~~remises are tree and discharged of ~nd from all t~xes, tax tiiles or certi6cates, judgments, mechanics' liens and eneumbrances ot any nature or kind whatAOever and that the Mortgagor will tully warrant and defend the same to the Mortgagee, againat the lawtul claims and demands of all persona whom- soever, and will make such further a~ur~ncex to pertect fee simple title to said land, in the Mortgagee, as may rnason- ably be required, and will ~k~y the several sums of money agreed in lhe said note to be paid and all installments ot prin- cipal and interest thereon promptly when due, and according to the true tenor and eBect of the said note. 2. That the Mortgagor will pay all and singular the laxes, assessments, levies, and encumbrances ot every nature on the above dexribed property, and upon thia mortgage and note, or the money secured Ihereby, before delinquency thereof and receipta evidencing payment o( r.aid taxes, as.gessments, levies and encumbrances shall be depositecf with the Mort- gagee on or before March lst of each succeedir~g year during the term of this mortgage: and i( a~me be nol promptly paid when due, the Mortgagee may Iwithout obliqation to do so) pay the a~me, or hecome purch.-~scr ot any lawtul evi- dence thereof, or cerii6cate theretor, without waiving or alTecting any right hereunder and in fhis mortgage, or the said note which thi~ mort~age secures: and such payments or expenditurea so made shall 1-ear interest from the date thereot at the highest legal rate. 3. That the Mortgagor will keep all real and personal property now or hereatter encumberect by the lien o( this morigage insured as may be required trom time lo time by the Mortgagee againat loss by fire, w•indatorm and other hazarda, casualtie~ and contingencies tor au~h periuda and tor not leas than such amounts as may be required by the Mortgagee and to pay promptly when due all premiums tor auch insurance. The amounta ot such insurance required by the Mortgagee are e:pressive of only the minimum amounts for which said insur~nce shall be written and it ahall be incumbent upon the MortgaRor fo m~intnin such additional insurance as may be necesa:~ry to meet and comply (ully with all rn-insurance requirements contained in said policiea to the end that said Mortgagor i~ not n co-insuror thereunder. Inaurance ahall be written by n com~~.~ny or companiea approved by the MortRagee and all ~wlic•ies c~nd renewala thenrof ahalt be held by the Mortgagee. All det~iled designationa by the Mortgagor which are accepted by the Alortgagee and 800K349 PacE 1~.7 _~,_~