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Home My WebLink About2222~~"~ ~.;~ ~~~ S1L~~3:~~ `~~~ -s! ~ ! 3. ~.~ 3. ~ ~, 1 MORTGAGE DEED AND SECURITY AGREEMENT Februar 25 8 3 ~ ~ Tti1S h1012T(:AGF DI:b:D (ihe MortKage), Juted as of Y , I9.~ , by :~nd IKtw~~n • Oavid A. Perdew Ih~~reina(te~ culiecl I-tortgaRor) and Sun Bank Of St. Lucie County , hu~•inR :~n otti~r at 11~ Oranqe Avenue, Ft. PierCe , Florida Iheminutter ~•all~•d MortK~~K~wl: WITNE:sSr:TH, thul in ~ronsider.diun of the premi~ea und in urder to sei•ure the ~wyment ot tath thr pnni•i~-:~1 of, and interest und any other suma ~x+yable on the note las hemina(ter detinedl or thia Mortgage and the ~-ertorm:incr :~nd ob- sen•ance ot nll o( the pm~•isions hereot and ut said note, h1o~tRi~gor hemby gr.+nta, sells, warrnnta, a~liens, mmisex, rele.isrs, con~eys. :~ss~Kns, tnna(ers, muMRnges and srta over nnd confirnis unto MortR:~gee, ull of MortguRor's estute, riRht, tiUe .ind interest in, to and under all that c~ertain real pro~~er!y situatei~ St. Lucie Cuunty. Mlorid:+ more ~:artii•ularly descriixrl .~s tollows: Lot 5, Block 113, LAK,L•'WOOD PARK, UNIT 9, accordinq to the Plat thereof, as recorded in Plat Book 11, Paqes 27A thru 27C, of the Pubiic Records of St. Lucie County, Florida. Rf'JfJYED S ~{..Z/ IN tAYt.*:'!tT 4i TaXf= - - --. . _ _ •- _ - _ , CU: C1 CL"S •~ !•:^?tf. 4lE P.3~E:.~ L F::~: E:~iY. , : '" - ~ ,,. ~ . r. , t. ~~ `~ .'~~ i tL'6,u.,111 7J :;.: 7i•..~, RCTS 4F i!)1. . - - - - ~:` _ -:~6E~ P~IiPJS ~, " - . . . ct~wc cucua co~t, :T. uwE ~4 ~1' .. . ~ ~ .~ : ~: ~ -.=' • , -,- i! s 3 .. 1 . - ~ ~, T(H;ETHI:R \~'ITH all improvi•ments now• nr hereatti•r IM•atc~l on s:ud real pro~Mrty and all (ixtures, applian~~e~, ai-p:~r:itus, equipment, heatinR :ind :~ir ~nnditioninR equipmenf, machine-y :~nd arti~•les ot ~~rsonal pro~~rty :~nd repl:~ceme~t therc~f lother than those own~l hy le.csees o( s:iid real pro~xrty) now or herea(tFr :~(tixc~l to, attac•hed to, pla~•Ml u{x~n, or uu~cl in :~nv w:iv in conne~•tie,n with Ihr i•ompletr :~nd ~•omfortable use. o~i•upan~•y. or o~~eralion o( s:~id re:~l pro{~erh•. :~II li~~~nses :~nd ~x~rmits usexl or requimd in i•onnc~•tion with the use ot s:~id real pro~x~rty. :~11 leases ut s:iid real {-m(K~rty novv ur hcmaher entered intu :~nd all right, tiUe :ind intere+t ot 11ortRaRor thenunder, includinR x•ith~wt lim~tatiun, ~:~,h or uvuri- ties de}x~sited themunder {-unuanl tu s:~id leaw~, and all renls, issues, pr~•er~ds, and pru(its accruinK Irom s:~id n:d ~~ro{x•rtp and toKether with all pnx-~~rds of the conversion. ~~oluntary or in~•oluntary u( any ~-t the (oreRo~nR intu cash or GyuidaUyl ~•laims, includ~ng withuut lim~tatiun, prcx•eeds o( ~nsurancr and condemnation :~N:~rds Ilhe foreRoinR s:~id mal pru~x•rty, tar~g~blr and int:~nRible ~x•no~al pru~xrty heminafter relerr~Y1 to :~s the A1ur1QaK~•d I'ro{-erty-. AturtKaKor heml~y Kr.~nts to 1~1ortKaKre :~ ur•urity interrst in the (oreRuinK d~:u•rii~tY1 t:~nKible :~n~! int:~nK~l~lr ~x•rsun.~l pnq~•rtp- TO HAVE AND TO HOLn the ~1ortRaKcvf Yro~K•rt~-, t~~~•ther with :ill anJ sinQul:~r th~• te~n~•nu~nts, he~n~cfilam~~nts :+nd :~ppurtenan~•es themunto Fx•IunRenR or in :~nvwise ap~~ert:~imnR and the re~•ersion and m~~~•rsions thc•nrif and all the ~~statN, ri~ht, tiNr, interest. humetitead. doveer :~nd riRht ot dower, u~par.~ti~ rxtate. ~w~c:~sion, rlaim and dem:~nd ~+•hatcoe~er. as K~~~11 ~n I:~w as in equity, o( 11ortKa~or and unt~- thF c~me, :ind i•~•Pry part th~~rfrd, wi~h th~~ ap~rurt~~nan~•~•s ~~t MortKa~or in :~nd t~- th~• ~:~mr. :~nd ~•~t•r~~ ~~:~rt and pan•rl iht~rt~f untn ~1ort~;:~R~~•. \1urtRaKur vvarr.~nts ~hat il has :: Ku~NI and ~n:~rketahl~• t~U~• tu an ~nd~d~•:~v~hli~ I~r ~~st:d~~ ~n th~• ~turtKa~;r~l 1'ru~N•rty subyr~•t to nu lit•n. ~•h:~rKr urc~n~•umbr.~n~•~• ~•xcrpt such a~ \1urt~;:~Ki•r has :~kn•t~d to arct~pt in v~r~tinK and ~1nrt~;aKur ~•~~:~•n:~nts Ihat this :~1ortK:iR~• is and K'~II mmain a~alid :~nd c•nton•t:il~Ir tint mi~rtRaKt• un th~~ 11orfRaRed Pro~Mrtp tiuhje~•t unh' to the exc~ption4 hrrrin pro~~id~~cl. l~lortKaRor has full ~r~Ker and I:~w•tul :wthunt~• tu murtKaKr th~• 1~turtKaKeYt f'r~qK~rty in thr mannPr :ind lorm ht•r~•in donr or intendtYi hereafter to I~e d~~ne. ;~1ortRaKnr u•ill prew~n•e such title ;~nd vvill (orever warr.~nt :~nd ~!f•(rnd thE• ti:~mE~ to :11ortK:~Ri~c• :~nd wiU fr,re~er warr.~nt and ~lf•(~•nd th~• v:~li~l~tt• and priorit~• o( the li~•n hF~rtr~f :~~;ainst th~• ~•laims ot nll EH•rW~nv :II1fI }l:fflll'ti N'F11~pi3tiE'~k•r. :~~Gf~~,aK~~r N'III_ :It. ~Flf' 1'OS( (1~ ~'~0~~~,:IKOf. :ind N~ithuut P%~N`01f• ~~l A1urtK:~R~, do, exf~~•utr, a~•knr~w~1~Y1K~• :Itl(~ (~P~1\'f•~ :1~~ arnd e~•en• su~•h furthrr a~•ts, deeds, ~•om•ey:~n~•e~, mortKaR~~s, assiKnm~nts, n~~hc•es o( asciKnm~•nt, Us~nsfctc :ind s+stiur.~n~•c~ av ~1or1RaK~~e shal) trot» time tn time n~~uire in ordNr tn prt~~n~ thP ~~riority ~~f th~ h~n ~~f thik A1nrtQ:~Kt' ~~r to (:u•ilitat~• ih~• ~ ~N~rfurman~•e of th~• ti•rms hereY-(. F'KOVIDP:n. NOWEVEIZ. that it Mort~;:~kur zhall ~r.~y tu 3~tortK:~~;~~i• th~• ind~~htcYinrss in tl~e prin~•~~r.+l sum ul S 2.107.38 :~c Pc•~dFncrd by th;t c•ertain prumiti.~on~ nnt~• Ith~• N~~t~~. ~f e~•en dat~• hc~rPw~ith. ext~~•ut~•~l hy \1~~rtKaKur and payah~e to orc1~r of MortRaRee, with interest and u~N~n th~ terms :+s pro~~idcKf themin, and tu~;ethFr k•ith all othi~r ~ums :~d~•an~•~Yt h~• A1ortK:~Rcr to or on F~eh:~l( ~( AtortQ:~Qor punu:~nt to thc• Not~~ or this MortR:~R~•, tht~ (in:~l m:~lurit~~ d:~t~• o( the Not~~ and thiti ~1ortKaRe tx~~nR Atlqust 27, 1982 ,:~nd shall ~~erform all uth~•r ~•~~~~~•n:~nts :~nd ~ ~-unditions of the tiut~~, all ot the terms ot w•hi~•h Note :~m in~•or{«,ratE~ h~•re~n by r~ference as thouxh set forth (ully h~~r~- ~ ~n, and ~~f :~ny rt~nrw•al, ~~xtt~nsion or m«fiti~:~tion, thcn•ot :~nd o( Ihis \1ortKaRe, th~~n Ih~s 11ortRaRc and thf~ rstatf• hi~rt~hy . ~~n:if~~~1.h:~li ~•ea~~:md t~•rmin:~t~•. \lortKaRor turther ~•onve~nanfs :~nd :~Krc~c~ w~th 11orIg:~R~•~• as tollows: 1 To pay :~II sums, ~ncludinQ inti~rrst sErvrc~l hereby Khrn due, as pro~ ~decl tor in the~ :~iote and :~ny n•newal. ezt~•naiun or m~Kli(ic:ftion lherc~~f and in lhic ~iortKaRe, all sw-h sums to hc~ p:ryable in I:~~•ftd mon~~y of th~ lTnittxl fitat~~s o( Am~ri~•a at ;~1ortQaQee s:itorev~id prin~•ipal o(fice, ar a! su~~h other pl:u•e ac ;11~~rtRa~;~r m:~y~ drsiKnate in writinR. 'L. 7~o pa~• when ~lur, and w~thuut n~uirinR any noti~•e (rom :~1ortRaQee, all tax~~s, assessments o( any ty~x~ ur natur~ :uid r~ther ~•harKes le~i~cl or as~t~s.u~d .~Rainst the ;~tortRaREKI Yro~xrty or this \1ortRaRe and proclu~•e rf~~•eipts there(nr upon dt~mand. 1'o immediately p:~y :~nd discharRc any claim, lien ~r encumhr:~ni•e aga~nst the Mortgaged Yrc~1-erty v-•hich m:~y t~~ or 1xv ome suF-erior to this ~1ortR:~Re and io ~~ermi: n{~ deLiuh ~~r delinqu~~n~•y on :~m~ other lien, encumhran~•~ or charK~• :~{;:unst th~ hlort~aRcd Nro{~rty. 3. 1( reyuerc~l by ~1ortR:~Re~•. tr~ alw~ makr monthly de~-osifs with :lfortKaKre, in a non-interest trearinR account, to- Krther with and in :~ddition to interrst and princi~-:~I, ot a sum equal to nne•twelhh of the yearly taxes and assNSSments w•hi~•h may fie Ie~~~ed aRainst the 1lturtRagrd Pro~-erty, and lif so rc~yuiredl one-twel(th o( the yearly premiums tor insurance thereon. The :~mount ot such taxcw, :~ssessments :~nd premiums, when unknoan, shall t~e estimated 1~y AtortR:~Ree. Such - de~Kisita shall he useci by MortKuRee to ~~ay su~•h taxes. :~aus~ments and prem~ums when duF. Any insut(iciency of su~h ~rc' rr; c / f~,~S 1?.:T~:::'..4f_'~T i '.- . c ~t;:~ ~°.~ti r~ S;. 1~::, .~~~: , .~_ ,:, M. B.. _~'reeman ...... ~iK~~V ~t, ~.~- fG:tT VIERCE. FLGatL'1 ;;:1:?~t• ~'...~ ~~ 112 SOUTH ~E+'0~+0 Sik:.fT ' !