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Home My WebLink About2214 ~ ~f'~'.;,_ ;~ : ., -~ ~ , ~i .~:~ --,Z ~ 51~£~y'7 3~=~.r ` « . lr i ~' ~ MORTGAGE DEED AND SECURITY AGREEMENT THIti h10RT(:ACF. DF.I:D llhe Mortgage~, dat~Y! t~s ot Februarv 25 , l,y 81 , by and IM•Ivrren 3~.~~ Helms Brothers Canstruction, Inc. Ihe~rina(t~~~ ~•aI1M! (1lorlgaKorl und Sw1 Bank of St. Lucle County , huvinR :~n ~((j~y.;i~ 111 Orange Avenue, Ft. Pierce , Florida IhPminu(te~c:Jird Ato~Ig:~K~~e1: WITNF.SSI:TH, that in conaider.~tiun ot the pmmises and in o~der to ~•ure the ~-ayment of hoth the prin~•i{-:~1 u(, und intc~est ~nd any uther sums ~myable on the note lus hereinafter dr(inedl or th~s MoriKaiRe :~nd the ~~e~formance and ub- ~en•ancY oi ull ot ihe pro~~isions hemo( and ot said nole, AlortgaRor hemby grnnts. srlls, warrunl+, :ilie~~, remix~s, mlea.r•a~, con~•eya, .issigns, tri~nsfers. mortgagex and seta ove~ s~nd con(irms unto Mortg:~Rre. all of MortR.~gor's estute, riRht. tiUe :~nd interesl in, to and under :~U that irrt:iin reu) pn~~x~rty 9ituate in St. LuCle ('ounty, F'lorid.i morr ~k~rti~•ularly des~•riixci :~s (olluwa: Lot 26, Block 405, FORT ST. LUCIE, SEC'f`~ON THREE, ac~erding to the plat thereof, as recorded in Plat Book 12, pages 13A through 13I, of the Public Records of St. Lucie County, Fl~rida. THIS IS A SECOND MORTGAGE. ,~.~.,;~:: s H~.~14 ~~ -~~:~~yT aF Tr,xEs L,~, ~•~ ;,~~;.; •~ ~,.:~;c~~u r~r.:.:.,~:.t r:9~ERTY. t~.;;.~:lf 7J :iS'.ri:• 71-~:i. AGTS Gf il71. • ~:cLp Pu~c~s GL:KK G3~UtT CCSE:T~ ii. W~IE CO. F1~.`~l+ . . ~. - ~, ' ' . ''' ~ ' ~~ _f ~ 'J ~- - `~' ~ _ ~ . ~ - ~ 1 T(X;ETHF:It \~'ITN a~l impru~•t•m~~nts now ~~r hrmafter I~a•atc~d on ~:~id real ~~ro~K~rty :~r~d :~ll tixtures. :~p~di:~rn•~~s, :~p{~aratus, equipment, heatinR and air conditioninR equipment. m:ichinery .ind arti~•les ol {~ers~~nal pro~x'rty :~nd n•pla~•ement thereof Iother lh~n thuse ownvd by lessees of said re~al pm~~eriy) now or hem:~(ter :dtixcKl to, atta~hed to, }~la~•rc1 u~x-n, or u+~1 in anv ~-':iv in c~innei•liun with the ~•umplc•te :~nd ~rm(ortable use, M•cu~-an~•y, or u~~eration of s:~id real pro~~eri~, :ill lic•enu~ :~nd F~t+rmit~ uw~1 or reyuire~c! in i•onn~•tion K~ith thP usc• o( s:~id mal pro~-erty. all leases o( v~id mal pro{x•rty now or ht•reatter entenYl into .~nd :d! riRht, t~tl~• and int~•rESt u( 11ort~:~Kor the•reunder, includinR w•ithout Gmitatiun, .:~sh ur u~+•~:n lic~s deEN~sited thenunder punuant to s:~id le:~srs, and all renls, issues, pr~•c~x1s, and profits aci•ru~nR trum s:~id n•:~I pnq-ert}~ and together with all pr~N•~~cYis ut the i•um•rnion. ~ulunlary or in~•olunt:~ry ~.t any ut 1he (orcKoinR into c:~sh or liywdatcd ~~I:ums, including withuut limitation. pr~x•~~~cls ot insuran~•e and cund~~n~natic-n .~wards IthN toreKoinR .:~id mai pro~x•rly. tanRible and int:inKible ~K•rsunal pru{x•rty herrinatt~•r reterrEY1 to :~s the UurlKaRi•d Pm{x•rtyl. A1ortKaKur here~hy ~;r:~nlti tu ~tortK.igc~~ a uvurily interest in the (oreguu~K di:u-ntxrl t:ingihle and int:~rK~blr ~x•ru~n:+l pro~N•rt~. 'i'O HAVE A1~U TO HO1.D fh~~ 11ortQaKed 1'rn~-~rty, t~~rther with all and sinKul.ir thr tenc•mrnts, h~•nY1~t:~n~~•nls :~nd :~~-purtenan~•c~ there~unto fx~lonRinR or in :~nyw~i,e a{q-~~rta~n~nR and thF rec~rsi~~n and m~~~rsi~rns th~reof and,all the e~tatr, riKht, titlN, inlerest, hum~tc.~d, dower and riKht ut dovet~r, u•par.d~~ ~•state, (N~s+c:~siun, ~~laim and dE~mand N•h:~ts~xcer, as w~~ll in I:~N~ as in ~~yuily. of 11ort~;:iRor and untn thE~ v~m~, and ~•ver~ ~xirt tht~m~~f_ H•~th th~• ap~wrt~•nan~~rv ot A1nrtRaRor in :-nd to th~ ~:~m~. :~nd ~~~~•ry p:~rt :~nd par~•i•1 th~•r~~~f unt~~ ~1ort~;aK~Y~ \lort~;aKor w.ur.~nts that ~t has a K~HxI and ~narkeG~hle• Utle to :u~ uulid~:~sihlt• Ir~~ ~•stalr ~n th~• 11~irt{;aKw) 1'r~yN•rf: cuhj~~i•t tn no li~~n ~-harkF ur eni•utnbr.~n~•~• ~~xi•~•pt suci~ :~ti \1~~rt~;:~~;iy h:~~ :~-;rt•~KI fo :+~•~•t•pt ~n N'rilin~ a~id 1lorttiaKur ~-~~:'~~nants that th~s 111ortKaKc~ ic and N~11 mmain a~~alid and enFon•e:~bli• fint mortKaK~• un th~• ;11ortK:~Ard Yro~-e~rty subje~•t onlv to th~ exi•eptions herein pro~•idt~l. l~lortKaRor h:~~ ful) ~H,~v~~r :~nd I:~N•(ul author~t}• i~r tnurtkaKe th~• 11orIK:~K~~1 I'ro~K•rty in th~~ m:~nner and (orm her~~in dune or inten~lcvl hereafter to I~e dun~•. 111c,rtQ:fRor w~ll ~~r~sen•c su~•h title and will (ore~•rr warr.~nt :uid dr(end tht~ s:~m~~ to ~1ortRaRtr and will fore~er warrnnt :~nd dt•(i•nd tht• calidity :~nd prioritp u( thr Grn hf•n~~( a~;:~insf thi• ~•laimv of :JI ~N•rtiunti :~nd p:~rti~w whnmsix•vt•r. A1ortRaR~:r will, at th~ ~•ost o[ ~tortRaKor. and vvithout cz~x•nw tu :11~~rtRaK~r~, do. rxt~~•ute, a~•knovvlt~lRi• :~nd deli~•t~r :d! and P.er~ sooh further :u•tv.~deecls, ron~•eVan~ew. rnort~aKe~. a~siKnm~~nfs, not~cew ot :~~~iRnmE•nt. trans(en and :••~uram•r~ as hlortR:~~~•e sh:~ll Irom time to tim~~ r~~c~uir~ in ord~r tn prE~sc•n•P thP ~-rionty ~~f th~• h~~n o( Ihic T1ortQ:~Ke ur to (ai•ilitatf• th~ ~x•r(orman~•e ot thi• t~~rms h~rcr~( PROVIDEI), Hl)~VF:VN:I~, th:~t it ~1ur1K:~kur ~hall pa~ to ~lurtK:~K~y thr ~ndrbtcYinc~ti u- Iht• prirn•ipal sum ut .e,, 23.245.44 ;~s P~'l(IPn~•cKi by th:~t c•ert:+in prnmicsory not~~ (the• N~~tt•i, of esen d:~t~ her~~'ith, e•xe~•uteYl h~• 11ort~aKor :~nd p:+y:~bl~• tc- order of MnrtKaRer. w'ith inten•st :~nd u~x~n Ih~ t~~rms a~ pro~•idc~cf fhFrein. and toRether wilh :+II ~~th~•r sums ad~•ani•cYl bv R1ort~;:~Qck~ to or on t~•hal( of !11or1KaRnr pursu:int t~~ thr Note or this 11ortQ:~R~, the~ t~nal m:~turity datt~ of the Note :~nd this 11artKaKi• Ix•inQ ~'PbrLary~~ 1~93 . and sh:~ll pPrform all nthi~r ~•o~•rn:~nt~ and ~•~~nrlitionti of tht• Noti•, all u( the lerms ut M~hi~•h Note are in~•orporahKi ht•rein by r.d~~mnce :~s thuuRh u~t forth (ully here- in_ and ~-f any renNw:~l, ~•xlensiun ~~r m~xlifie•ation, thentid and of this ~turtK:~K~•, thf•n fhis AtortKaR~~ and lh~~ ~•stat~• h~~rt~hy ~~m:~t~•d shall ~•~:i,~• and tf~rminatr \1ortKaRur (urther ~•um~en:~nts :~r.~i aRrc~ vc~th 1~1urt~;:~Rt~• a~ follow:e: I. "1'o pay ail ~ums, ~ncludinR intrrrst se~vred hereby ~+hi~n du~~, as pro~~~de~l (~r in th~• Note and any n•newal, t•xt~•mion nr m~~d~(ic:~tion therc•o( and in this :~1ortQaKe, al) such swns to I~e pay:~bl~~ in I:~veful mun~•y of the Llniterl titat~~s o( Am~•rir:~ at A1ortRaKc~~s at~~res:~id prin~•ipal o(/ire, or at vu~•h other pla~e :~Q hlortR:iKtr m:~y desi~nate in w•ritinR. 'L. To ~-:~y K'FlE•n due, :II1CI N7If10U< <P(iUl(1(!P, JIIY notice !mm MortRaKee, all lazes, asse~.smt•nts c~t :iny ty~~ or n:~tum :~nd Mher charRes le~i~~l or :~c+es~~d aR:+inst thr AtortgaRed Pro~-rrt~~ or this \1ortQaRe :~nd ptcxluc•e receipts therefor u~rrn demand. To immediately ~-:~y :ind disi•harRe any ctaim, lie•n or encumbran~•e aRain~t th~ ~lurtqagc~d Yro~~erty v-hi~•h m:iy t~~ or t~c~~•ume su~-eriur b this :11ortR:~Ke and to ~x•rmit no de(ault or d~linqu•~n~•y on am~ other li~n, en~•umbran~•F or ~•harRc• :~~;:~inrt thP ;~1~~rtgagc~) Pro~~erty. :~. If rryuirecl by ~11urtK:iRee. tn al~u, make moMhly de~-osits with ~tortR:~Ree, in a non-interrs! Ix:~rinR a~~ounl, tn- Kether with and in :idditinn to interewt :+nd princi~~al, o( a sum equal to one-twel(th of the yearly taxes and asse!~sments vvhich may I~e le~•iec! against the 1~1ortAaged Yroperty, and lit so rc~uiredl one-tw•el(th o( the yearly prc'miums (or insurance thereon. '1'he .~muunt o~ su~~h taxc~, as3essments :~nd premiums, when unkno.~•n, ahall be estimated by MortK:~Rec. Such de~wsits shall I~e usecl by MortKaRre to p:~~ . such taxex, a~tiessments and ~mmiums when due. Any insu!(icirn~~y of such JL~: . :h .~~ J.. -:,~ i~ ..v. . , -~- ~:~, M. B. Freeman _., ~~}^j~3~9 j,~~E~~•J r ~ ~ r~t %i.~.. .. ~~.i_ 11: ~!" , ~ ;C , , . ,: ~..