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Home My WebLink About2210 518~:~6 MORTGAGE DEED AND SECURITY AGREEMENT S~-a~~ ~ ~~~~ ~a~. - ~ 5- ~ / ,~,',~ - / `-~ . C~J TNiti MOR'1'GAGF. Dh:I:D (ihe Mortgage), Jal~d ns ot Fe~Y ~3 . 19 ~, by :u~d IN~iw•~v~n Elvin H. Raulerson and Julia E. Raulerson, his wife IhNn•inuhe~ ~•:~Ilec1 AtorigaRu~- :~nd SuTi Bank Of St. I~uCle COL1Aty , huving :~n otti~~r at 111 Orange Ave. , Ft. Pierce Florida~ (h~•~~•inaRer ~•a~U~~:l Mortg:~~~~1 WITNES.SETN, tht~t in considendiun ot the pmmi~es und in order to sec•um the ~xiyment of bolh the princi~ud ot, :~nd intereat and nny othec sums ~x~yi~ble un the note (us herein.~tter detinedl or this MoHguge and ihc ~~erformance und ob- ren~a~t-ce of all o( the pro~•ision.a hcreof and o( s:~id note, MortguRor hernby grnnts, sclis, warrunt+, uliens, rrmiww, rrlea~es, i~n~•eys, :~ssiRns, trnns(ers, mortKaRes and sets over .~nd con(irma unto MortgaRee, all uf MortRaRor's estate, nRht, tiUe and interest in, to and under :~11 thut crrtain rr:il pro~Mrty xituate in ~t. Lucie Counly, Florida m~~rr parti~•uL•~rly d~~.•ribec! .13 ~OIIOWR: From the Southeast corner of the Northwest ¢uarter of Section 28. Township 35, South, Range 39 East, running West 1094.62 feet for point of beginning; Thence North 86.5 feet, thence Southwesterly 260.5 feet, thence South to Okeectiobee ^oad, ti~ence Northeasterly on road to point South of Point of Beginning, thence North to point of Beginning. RL:fSYfO S ~ S . •Z 1 IN PA'!ti'E!R Q~ T3XCS . , . - - -- _- - ' LG: C:~i GL~SS 'C' IHlAtiG 3l£ P.. ~~.• l}•::9~ EKTY. , • ~ F U~S;;.,Ni ?0 GH~PTEY 71•..-4. ACiS GF 1~71. ~ i: .. . , ~ . _ ~LCiR P~ITF:M 2'~ ' ~ •• •. j ClCR1I qtLUiT CGNti. ST. LU~.IE C0. ~~; ~- . `-- s : i .-_ , -, _ ~ Q. ~J j ! 'C(N;F.TNhR \V!'CN all impruvt•ments n~,w or hrn:ift~~r Iw:~teYl un ~~id r~.~l pro~xrtr ar.d all tixtums. a~i~-I~ance., aF~~r.~ratus, equipment, heatinR and air i•onditioninR equipment, machinery and :~rticl~w ~,f ~~ersun:~l pm{x•rty and r~pl:u•ement th~rc~f lother than thihe ow•ned by Iccsee~s o[ .r•:~id real pro~~eHy1 now or hema(ter a((ixcYi to, att:~ched to, placc~d u~x~n, or usi•d in any way in ~•onn~~•tion wilh the complt~te and com(ortabl~~ use. ne-cupan~•y. ur o~~eratinn ot x~i~l mal pro~~erty. :~II fic~~nscw :ind ~~ermits u~Y1 or n~yuin•d in ~•onne~•ti~n with the u~e ot s:iid r~al pru{-erty, :III IPSISPS O~ ~:~id re:~l pro~N•rty now nr hen~a(ter entere~l into .~nd :~11 riKht, tiUe and ~nten~+t uf A1urtK:~Kor themunder, ~ni•IudinR w•ithc~ut limitation, ~•:~sh or u•.~un- t~~•. de~NlRl(EYI ~F1Preunder purtiw~nt to s:~id le:~srs, and all rents, is~:urs, pnx•iti~cls, and ~irofits ac~•ruinK Irum s:ud n.~l pru~x•rlt- and together with :~II prorc~cYls ot lhe i•on~•ersion, ~~oluntary or in~•oluntary of a~y of the (oregoinR int~~ i~ash or liyu~dat~~1 ~•laim~, including withuut limitation, proi°~Yls ol ~nsurancr and condi•mnatinn aKards Ithc fomRoinR s:iid mal pro~xrty. tanRible and inlanKibl~• ~xr.;onal pro~xrty here~n:~ftc•r re(errc~cl lo as thc~ A1ortKaRiY1 Yro{-ertyl. \1orIR:~Ror hen•bp ~;r.~nts to ;~1orIK:~Ree :~ uti•ur~ty ~nterest in the fort•KuinK dcw•ntKr) lanKihle :~nd inL•uiRibl~• ~H•ru~nal pro{K•rty. TO HAVE AND 1'O NOLn thr MortRaKt~i Nro~x~rty, l~*ethrr ~+'~th all and sinQular thi• ti•ni•mc•nt~, h~•mdH:~mi•M~ :~nd a~~~~urlrn:~nct~s th~re~unto IH~IunKinR ~~r in :~nywiw~ ;~p~x~rtaininR and the n•~•c~nion :~nd mv~•r:sions then~c~( :~nd all th~ ewt:~tt-, riKht, titl~~, intere•st, homtrte:~d, dower and riKht u( d~~wi~r, ~•par.~tr estate, ~~ocsi~~siun, i-laim and df~m:~nd w•hats~x~~er, a~ w~~ll ~n law as in equity. of ~1nrtKaKor and untn th~ s:~m~~. and ~•~•Pr}• p:ut thNnY~f, wilh fh~ app~~rt~•nan~•~•ti ol T1ortRaRor in :~nd to th~• ~~m~~. :-nd i•~•ery part :~nd ~~:~n•~~1 th~~mut unto :11ort~;aK~K• ~1oriK:~~;ur ~+:~rrantv that ~t h:~s :~ ~;~N~d :u~d m:~rketablr titli• t.r :~n ~ndi•f~•:~sihle• fri~ i•st:d~~ ~n thr 11i~rtK:~k~~+1 !'n~~w•rt}• suhj~•~•t tu no lirn. ~•h:irKt~ or i•ncumhr.~n~•e ~~x~-ept su~•h as 41ort~;:,~;i•~• has aKn•t~ct tn a~•~•i•pt in w nhnK :u~d A1urtK:~~ur ~•u:~•nant~ thnt this AtortKaKc• iti :~nd will remain :+ v:~lid and entnr~~e:~hlt• firsl mortk:~Ki• on thi~ ~1ortKaQed Pro~x~rty subj~i•t onh~ lo th~ f•xi•t~pt~one herc•in pro~~idc•d. ~1urtKa~or has ~UII ~N/K'Pr and I:~N(ul authonty tu mnrtK:~Ke th~~ ~tortK:~KeYI Nru~k~rty in thc~ manner :~nd (orm hrrrin done ur intendtYl hereafter to t•e ~lune. ~turlR:~Kur N~~II pmscen•r su~•h tiHr and wiU (~re~~er warrant an~l d~~tend the s:~me to ~torlAaR~~c> and wiU torF~rr w:~rrant and d~•ft•nd fh~• caGdilp and priurity u( the li~~n hFr.~nt a~ainst Ihc~ ~•I:~ims o( aU ~H•rsunv and partii•s w~humuK•~~•r. ~1~~rIR:~Kor w•ill. al th~• i•ost ~~( ~1or1R:~Ror. and with~~ut ez~x•n~• tn :1furlK:~~fk~, du, ez~ti•utF. :~i•knowl~~lKe and delivt•r :~II ::nd ~~cery su~•h (urther :u•ts, d~cls, ~•ona•ey:~n~~c~, mort~;aRi~s, :~ssiRnn~c•nts, nnU~•~~~ ol :~~tiiQnm~~nt, trc~ns(ers and :istiur:m~•es :~~ 1~1orl~aRer• sh:~ll from tim~ to timr nN~uire in orci~r tu ~~rF~~n~c~ th~ priontv of th~• h~•n of this AtortQ:~Ke or to L•~cilitatt• the ~K•rtnrm:in~•r o( th~• tt•rmx herEy~f. ~ , • t'KOVInF.D. HO~1~EVF:R. that if Murtx:~kur shall ~~:ry tu ~1nrtKa~;~•~• th~• ~nd~•htcKln~~cti ~n the prinripal sum uf S ~~,606.~26 :~s t~~~idrm~rJ hy ihat ~•Frt:iin promi,sor~~ not~• Ith~• N~~t~~l. n( ~r~•n datc~ herc~x•ith. .xerut~•d ht. \1ortKaRor and pa~ahle to order u( Alortk:IRPP, K7~F1 intert~st and u~N~n thf• lerms as pm~•idcd therein, an~1 to~ether K•ith :+IP othe•r sums ad~~:~nrc~rl bv Atorf~:~Re•~• to or on beh:~lf o( 111~~rtR:~~or pursuant to the tintc• or this MorIR:~R~•, th~ f~n:d maturity d:~t~• n( Ihe Ivot~ and this ;11ortRaR~ t~•inR FebruarY 25, 1991 ,;~~~ ,hall ~Mrlorm :~ll other co~•enants and ~•ond~tions o! the Not~•, all ot the terms uf whi~•h 1`'ote :~re• in~•orEwr.~tEKf h~rein b_r• reterenrF as thouRh set forlh (ulh• here- in, and u( any renew•al, extens~on nr m~wlifi~:~tion, the~ren( :~nd ~~f thic :11ortKaRt•, then this ~1nrtR:i~~ :~nd th~~ ~•state~ hPrt•hy ~~rt~:~fcv1 .h:~l) ~•i•a~ and tf•rmiuatc•. ~ ~toH~aRor (urther ~•om•en:~nts :~nd aKrers with \1ortR:~Re~~ ac Inlluw.: ~ ~ ~ ~ .~~ 1. '('u ~r.~y all sums, im•ludin~ interrst securcYl herebv Khen due, as prrnidt~d tor in the ~ote :ind any n•newal, extrn~ion nr m~N1i(ication tht~rt~o( :~nd in this :11or1R:~Re. all ,such sums t~- I~e p;~y:~ble~ in 1_~wful monE•~• of fh~ llnit~Y1 ~tat~•s of Arqc•r~~•:~ at ~11ortRaQee's :~forewnd prin~•~pal o(fii•e. or :it sui~h other pla~e as 11ortKaKfr~ ma~~ dt•siRnate in N•rifinR '~. "1'0 ~r.~~• when due, :~nd w•ithout rc~c~uirinR any notice from 11ortRaRe~c~, all t:iXPS, :~s.~a~ksments ~~( any ty~x• or naturr :~nd ~Nher ch:~rKes IecicKl or akx:tised again;t the A1ortQaRed Yro{x rty or this ;11ort~aRe :~nd prcxlu~•e re~•eipts there(or u~N,n dc~m:~nd. To immedi:~tely pay and di~•harKe :~ny rl:~im, lien or encumbran~•e :~Rainst the 1~tortgaRed Pro~~rrty whi~•h m:~y tx~ or FM~•omE~ su~ierior to lhis A1ort~akt~ and to ~~ermil no d~L•~ult or dc•linqu~•n~•y on :iny other li~n, encumbr.~n~•e or charRe :~K:~in.t the 11ortRaRcY! Pro~x~rty. 3 If reyuired hy ~inrtRaKtti•, to also makc• m~~nthly de~N~sits with AiortKaRee, ~n a nvn-intert•sl I~earin~ :u•~ount. !o- Kether with and in addition to ~ntera~t and pnn~•ip.~l, o( ~ sum eyaal to onr-twel(th of the yearly taaes and asses.gments w-hich m:ry fK• IP~•~ed :~R:~inst the Mortgaged YroEserty, :ind lit so reyuiredl une•lwPltlh of the yearly premiuma for insur.~nce th~~reon. The :~mount of xuc•h t:~xes, :~a~cesgments :ind premiums, when unknuwn, sh:ill t-e estimaled hy A1orlRaRee. Sui-h de~xr.cils sh:~ll I~e usc~1 by l~torf~;aRer to p:~y su~h taxrs, :+.,.w~s.vments and prem~ums wh~~n due. Any insufficirncy o( such f.. ,. , .;~ . ,;!`'t` ;"; ~'' ~` ~ •~~ n.. . ~71:i t~' i.'{ ~ii ~. v. ~.. -' . -~- •M~ B. Freefian ~J~,i~.34~ }'!U~~ ~r ' . :::: .. _. .. , . , . , . •£ .;F:i; . :.~1~ ~3' IR~°S