HomeMy WebLinkAbout1369~.c<<, ~~
~. ~_ :,
; :! ~.G~G r SInU W_ nn~~1u
~r:~s~ott~age was prtparcd ~y,.~Q~Pl~llq ~QI1B, lfE~>_~S.L~tlZ. , 2rtd floor, Tampa, Fl , 33609
~' -t 3`~ ~ ~ MORTGAGE S1S~Q
(,~3.U U
ia~, ato«g~8e ~s nwde inic~da~ o . ~~,, by and bc~wcen Shirley Mi12s Adderlu f/k~a ShirleU Mills,
-,~ined b~ husband, James William A er~lilur~&,Kor'~,andAmez'1C.3A MetropQ2itan Financial Cornoration
~":.:,,~:~~~-i, ~~a.~ng an otGce at 5100 W. Kenne~y B1 vd._~ 2nd f2oor,
('~~~ ~( Tdmpa -- Coum}• of Hillsboroush----~ -- _. sute oi Ftorida.a~~00
W 1TNESS~TIi:
WNEREAS, Mortgtaor is indeb~ed to Mottgaaee in ~he sum ofF~ttu S i x Tho~isand SevPnt~ F~ v~ a~~0/100,
u evidenced by that ce~tain promissixy nwe o( e.en date Acrew~~h~ exauted by htor~ga~or and deliveted to ~iat~agee, a copy of which is attachcd
hc:eco(the •'Nae);
NOW, Tt1EREfORE to securc the performance by Mo~tgaaor ot all covenants and conditions in the Note and in this Mo~t=aje and in all o~her instru-
menu se:uring the Note, and in order to chargc thc propertia, interests anJ rights hereinalte~ dexribed with such payment and pertormance and to secu~e
rencwals aod estens~ons thtreot. and tot and in rnnsideration of the sum of Ten and no/100 Dollats (510.00), htortgagor does htaby mott~a~e, xll,
~.icdge and usign to f~lortga~ee all of the laod in the County ot.__ St . Luci e .
State ot florida. wAich is mon particutuly described as follows:
Lot 22, WASNINGTON HEIGHTS ADDITION, acoordinq to the plat thereof on file in P1at
Book 10, page 47, of the Public Records of St. Lucie County, Florida.
FL'~ ~F7 f 3 a.04 111 PAY!~~~VT di TfiXES -- --- --- ..•- - j
i . -r _~ - 7
~' : i Ct':: 'C' !~•:• ~!~ f.-. ...~1 PaO;E!iTy. _ :--• . _ _ ~ ~ : '~:_. - - ~ - -
f'_.,,,;.2ii TJ ~i!'. T.. 7t- 4, .•.:.1S Gf 1l/L _. ~~'_ ~_U11rit-.dT+~~ ~{- - . ~~/1F'~ r. ~. ~
:c:: ~=2 Pol f f~~ ~' _' ` ~ . '. - :::. ` ti . ; ~ ~ ~ -- __ _.._. '
CLERK q1W1T COeRT. ST. LU fL~C~~' • ^ ~ x ~
;.IE 00.. __, c ~g f:611'e~ ,.~,{~.~,~ ' Z~. Q U ~
. ~r~~
- - _.._~__. _ ~
In a~~ordance wrtA thr ruGng~ o( thc Florida Ikpartment of Rnrnut, thc Documrnwr~ 51amp Tar and Intangibk Tas should hr
. alculated on $ 15 ~ 998. I1 , the amuunt hnanccd ~n ttiis transacuon.
To havr and tu Aold the same, toRether w~th all ~mprovement~ and appurtenances tt~ereto. and alsu all the estate, ri~ht, t~tle, interest,
homestead, r~(Cht ~( duwrr, srparatc esta~e, property, possess~on and claim N~hatsoeve~ of ~lortgagor to the same ~n every part and parcel
thereof unto ~t~rtgaget ~n [re s~mple ("1lurtgaRed Pmperry"-_ _ '
SItHJECT TO the follow•~ng "Permitted L~ens":
PRO~IDFD ALw'Al'S, that if ~1.~r:gagor sha:l pay to Mortgagte the Note at the t~ma and in thc manner stipulated therein, and in all other instru-
r~cnts s:cuting the :`ote, includ~ng rcne~a4s, ertensions or modifications thereof, and in tAis Mortgage and in a!! ~ther instruments setivring the Nae, to
II Dr kept, perfosmed or observed by Mortgagor, thrn this Mortgage shall ctase and be void, but shall otherwise remain in (ull foree and etfeet.
I •HM~eaBa ~ovenants and agrees with ~1w~gagee as follows:
~ 1_ Compli~nce witb tiote sad tifonp~e; K~r~wty ot Titk. I-lortgagor shall comply with all provisions of Iht Nott, this Nort~ye and of e~Yry other
i:isirument securing tht t~ote, and will prempdy ~y to Mort~ee the pr.ncipal with inte~at thereon and all other sums required to be paid by Mortsagor
~ undet tht Note and pursuant to the provicions of this Matgage and of e~ery other instrunxnt securing the Nott. ytortgagor is inde[easibly stized of the
~lortgaged Property in fee simpk and :~lor:aagur hu tawful authoriry to comey, mortsage and encumber the same as provided br this Mort~t, and
~ does herebr so wurant. • •
' 2. Psymeot of Turs and Lie~u. Afortgagor shall pay all the ta.~a, obligations and encumbranca of e~ery nature now on tde Mort=a=ed Property a ,
~ chat hereaiter may be imposed upon this MortEage or tht Mortgaged Propetty or upon the indcbtednas secured I+erebr, e~ecept that Permitted Liens may
be discharged in a:cordance with ~hcir tams. All such payments to be made whtn due and payable accordina to law before they become dcliqurnt and
bc!ore any interat attacha or any pcnalt~ is in:urred. Insotar u any indcbtednas is of record (eicept indebtedness 6ivina rise to Permitted Liens) the
~ same shali bt promptly satisficd ao~t t~idence of suth satisfaction shall be givrn to MottgaEee. .
l. Insurauce. 1-twtgagot shall ketp the Atottgaged Pro~erty and the improvetntnts :ww txisting or hereaftet erected on the Mongaaed Property insured
~ a~ may~ bt rcc~eired from time to time hy !-lcxtgagee against loss by fite, aher hautds and contingencia in sucA amountc and for such paiods as may br
rcqwred by !~tortgagee. Mort¢agur shall pay promptly, when due. any prrmiums on such insurance. All insurance shall be arried w~ith companics
~ ap~rovcd by ~lortgagee and thc policy and rencwals thereof shall be held by ~lortga1[ee and ha~~c atached thereto loss paYabte clwses in faror and in
form acccptable to l~tortgagr_. In the e.ent ut loss, Mwtgagor shall y~e immniiace notice by mait to htortgagee and Mortgagee may make proo( of loss it
no: ma6e p:omptly by Alortgag~x. Each inwrance company conccrned is hereby authorized an.~ directed to make payments for such loss directly to
# `.tort~agee instead of ei~her to Mortgagor or hlor~gagw and Mortgagce jointly. Insurance procecds or any part thereof may be appliad by Mortgagee at its
i epuon. af~•r dedu.tiag therefrcxn all ~[s eRpenses including attorney's (ees, either to tht reduction of the indebtedness hereby secured or to thc restorati~n
~ o~ repair of tht pr~perty damagetl. Mortgagee is hereby authorized, at its option, to settle and eompromix any c'aims, awards, damaga, rights of acti:.n
~ ar.~ ptxeeds, an~ any other payment ot relie( under an~ insurance p.-iic~_ L~ ~iic c.c~u oi [wcci.swc u: :his 1lorigag~ :,~ .,.:~c: a:«.stu ~~ l~tk tc t»
i ;SortgagtJ Property in extinguishmcnt of tht iadcble 7ness secured hcreby, all rigln, title, and interat oi Mongagot in and to any ins+~rante policia thrn
~ i~ forcc shalt pus to the purchiser w grantet. Mort~gce may at its option requir: Mwtgagar to deposit with Atwtaagee on the first day of exh month,
~ m adAi:iun tomaki~g payrr.cnts of principal and interest. until the Note is tully ~aid, an amuunt eyual to onc•twelfth (Vi2) of the yqrly ptemiums for all t
~ insurance. Soch deposits st~a11 na be, nor t-e dccmed to be, trust funds, but may be commingled with the 6eneral tunds of Atortgagee, ar-.! r.o intaat shall
= Ce payable in res;n~t thcreof. Upon demand by Mortgaga, ytortgagor shall ddiver to Mortgagee such additional monits u ut naeuary to make up any
dctidertcies in the amounts nccasuy to enabk Mortgagee to pay such premiums when due_ In the event ot default under any of the terms. eovenants and
~ cenditions in the IYae, this Mortgage or any other instrument securina the Nute to be E+erformed or obsm~ed Dy Mortgagor, ~-io~c~~e ~r.~y co ~n~
~ reduction of the sums secutod hereby, in su:h mannei as htongagee shall determine, any amount u~der ihis paraarapl~ temainina to A1atp~or's eradit
3 and an~ ictu: n premium rarned from cancdtat'an of any insara.-ue polety b~• Mortgagee upon foreclosure of this Mortgage.
` i. Condemnation. If the Atorcgageed Property or any pait thcreof shall be damaqed or taken throagh condemnacion (which ~erm whrn used hercin
shall include a~y dama~e or taking by sr~y governmental au~Aoritr or a4y other authority authorized by the laws ~f the State of Flo:ida or the Uniteo
5u[a of America to so damage or take, anJ any trander by priv:.tt sak m lieu {i-creoQ, ncne~ cempo~ariir u~ v«m'~e+~ur, the entire indebtadnas and
o:Acr sums securr! 1:creby shall, at tix option of Mortgagce, become ir:imediatd~ due and ~+ayable. Mottgaaee shall be rn[itkd to aU tanpensatia~
' awuds, e!amaEes, clau~-s, rights of action and procr.ds of, or on account of any damage or taking through tondemnation and is bcrtby authorii:d, at its
( option, to comrnence. appear in and pro~e:ute, ia its own ~r Mo~tgagor's name, any action or proceedina rtlating to any coodemnation. and to settle a
compromise any claim in conr.ection therew::h. l.i~ sucF. a:m~~:n~ation awards, damaga, claims, righu o! action and procecds, and aey other payments or
rc~ief, a:xi thc r.gAt thereto, ar hereby z«igna! br ~1or.ga ~~r ~~ Monga~a and Mor~;aEee af~er deduaina therefrom sll its e~cpenses includir.a attorney's
tcrs may :elease any monies so renivecl try it e.:hout .:fat:~g tne lien of this Alortgage or maY ~PP~Y the same. in su:h manner a~ Mort~aga sha11 deter-
mi~e. to ttu reduction of the sums secr+ed tK•eby ~na ~~ any r.ce~+ayment charee p:uv~ded in tiic Note. ~his Mon;a~e or any aher inswment securina the
~ ~:.~te. Any balance of such rttonia th;a tema:nin~ sh.L: be paid io Mortga`or_ Mortga~or aarees to eatcutt such further auianmrnts ot anr oompensa•
uons, awuds. damaaa. claims. ngh~s nr acti. ~ aml pr„eeds as ~fottpaee may requite.
psed 8 S r pr pertY formioa a part of the Mort~ed Proputy
~ S. Gn ot Mort ~ Propertr. M~~t a... shall nct rer:rzve or demdish an build~n~ or othtr o
without the written conunt of Mortaasee. Mor ;ajoc ~tiali ~~c~t permit, commit. Ot suftet any wittl. impairmrnt or deteriwation of the Mortsastd Prop- '
erty or any part tAeteof, and sha!! kec9 tne 4.ns arJ im~.overtunls th~reon in ~tood condition and repair. Mort~w shdl notifr Mortpsee in writins
.~en~ r~~~ ts~ a~ri or.nr a,~~, or i~a~r.n-r~r ot ~cK ~lorttaaec7 Propertr. Mortaagee may. at Mort~ee's discrction. have tbe Mo~taaaed Ptoperq
inspccced ae any ame and Morc~ sAall pzy a~i waes i-._rttd by More~te in exautinj such inspation.
~ - . ~.~ 3~9 ~~~~ i3fi9
~
. a-
_ _ ~
~. _ _ ._ .~