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MORTGAGE DEED AND SECURITY AGREEMENT ~ 5`~' ~~~
TNIS MONTGAGI~: DFF.D ~the MortR.~gel. d:+t~Yi as ot February 25. , 19 $l, hy und IN~tw~ti•n + 3'
LeGrand McDonald and Elvyn Christine McDonald, his wife
Ih~~minatter i:~ll~d MoriRaRor) :ind Stli1 Bank Of St. Lucie CflW1ty •~~"'~~~K'1D
ut(i~~e:~t 111 Orange AV@nu@, FOrt Pierce, , Florida (hcreu-:dter~:~U~~c1 (11ortK.~g~~1:
WlTNEtiSHTH, that in consicier.dian ot the prnmi,eac and in orde~ to scvvre the ~k~yment ot Ix-th the prim•i~uil of, :~nd ~~~
intenwt and uny other sums ~wyable on the note I:+s herei~after detinedl or this Mortgage and the ~xrformancr und uh• S•
sen•umr ot all o( the pro~~isions hereot and ot s:~id note, 111ortg:~Ror hernby grants, sells, w;irra~~ts, ailiens, mmisrs, relrauw,
conveys, usgigns, trans(ers, moHgages and sets o~•er und con(irms unto I11ortRagee, all ot Alortgagor's estate, riRht, tiUe und
interest in, to a~d undi•r atl lhat i-ertuin m.~) pro~x~rty situati• in St _ Lur_i_e Counly. Flaridu morr ~-:~rti~•ul.~rly
d~~s.•riticd :;S ~OIIUN'B:
Lot 15, DRIFTWOOD MA~OR, SE(:TION ON~, according to the Plat
thereof as recorded in Plat Book 18, page 6, of the Public
Records of St. Lucie County, Florida.
F.~"~:l.D s- 70~•,'~ / IN ~A°!:rMT ~F T~lXE3
i.!•: C 1 Gl~ L: 'i: Y.7t.._~'. = P. .. ~._ f"t1PfRTY.
(This is a Second Mortgage) -t..;::::~ir TO e::~.?i._• 7~- :. ':t~ c,F U71.
6.G:.i P~1~ .A~,;
c«c uxcutt coesT, :T. w;.~ co, fu A ~1-
T(N:F:'1'IiER \'1'1'CFi all impru~~~•mi~~ts nuw or h~•n:~tt~•r I~x•:~tt~cl un c~id mal pru~~•rty :~nd all Gxtures. :~pplian~•i~:.
a~~~~:~r.~tus, equipm~~nt, heatinR and :~ir ~•onditionin~ c~quipment, m:u•hinery vnd :~rticles ul ~x•rwn:d ~~ro{x•rty :~nd n•pl.~cemc•nt
tht•rtY~f (other than thu~• uw~nrcl hy Iccu~ ot s:~id real proE-Frtyl now or h+~rea(ter :dlixi~cl tn, atta~•hed to, ~~lace~i u~wn, or
csuYl in any w•:ry in ~•un~~~•tion N•ith the completi• :ind rom(ortaMe ust•. ~K•~•u~-:~n~•v_ i;- u~x~ration ol w~id m:~l pru~~erly. :~II
lii•er-sc~ and ~xrmits usuvi or reyuin~cl in conntyUun with the use of s:iid mal pru~~erty. :~11 le:~ses ot s;~id rrai pro~K~rh~ now or
hen:~It~~r entenKl intu :~nd ali nght, titli~ .~nd intrn•sl nf ~1ortKaKur th~~reundi•r, in~•ludin~; a~~thout limitatiun, ~:~sh ur w•~•un
t~~~ de~„ni~td thereunder pursuaM tu s:ud Ieau~s. :~od all mnts. iswes. pnN•t~c~ds. and pro(its :~ccn~ing (rom s:~id real pru~x•rt}•
and toKether M~ith all proi•~wds o( the ~•on~~eniun. ~~oluntary or in~•uluntan~ u( :~ny ~~( the (on•KoinK int~~ c:~sh or hyuidal~~cl
~•I:~nnc, includinR y~ithoul limilatiun. prcx•~~ds ot ~nsuran~•e a~d ~~undi•mnatiun aN:~rds Ithe foreKoinK ~:~id m:~l ~~ru~K•rh~.
L•~nKible and intanRihli• ~x~raunal pru~a•rty hert~~n:~fter rrlrrnvl tc~ as Ih~~ :11ort};:~K~YI Yru~-c~rtyl. :11ortKa~~~n c~vi•hy ~;r.~nfti
to A1ortKaRtr a ser•urih• intere~t ~n the (un•~uinK dt•s~•ntKyl t:~nKible and ~ntan~;ible• ~~~rsun:~l pn~~x•rt~•.
TO HAVE AND TO HOLn th~• 11ortRa~;~~d E'n,~N•r1~•. t~~;rthrr with all :~nd sinRulnr thr tent•m~~nts, hemdit:uni•nts :~nd
appurten:~ni•~~s th~•rt•uNu iK•IunKinR or in any~~~• :~~qH~rlaininR :~nd the n•~~~rsion and m~•~•rcions th~•rcv-f and :~U th~~ est:~t~•.
rikht, tiNt•, intc~rf•st, hom~~ste.~d, duw~•r :~nd riKht u( d~~~v~•r, s~~paratr i~~tat~•, ~x,~u•ttiiun, ~•I:~im and d~~mand ~+h:~ts~H~~er, :~~
w~•II ~n law a~ in i•yuih•. of ~1orlkaKor and uM~~ thf~ s:~nu•. :~nd ~•ven• part thF~nY~t. ~ith th~• a~~purt~nanc•e~ti ol :1lurtkaRor in
:~nd to th~• .:~m~~. and ~•cf~n• ~inrt :~nd ~r.~n~~•I th~•nr~f unti~ \1urt~:~~~Y•
~1urt~;:~Kur ~~:~rr.~nts th:~t it has :~ ko~Kl :~nd rnark~•tahli• titlc~ tu :~n ~nd~•(~•a.~Llc• It~~• ~•stat~~ ~n Iht• \lnrtk:~kw1 I'r~~~N•rl~~
;uhji~~•f to no lic~n. ~•harK~~ or i~n~•umhran~•c• i•xr~•pt such av ~1urtRa~;i•~~ h:~ti aKrt•i•d tu a~•~•rpt_ir- wnt~nK and 11urt~;akor ~•n:rnant~
that thiv ~1urt~;:~K~• is :~nd ~+~11 rem:~~n :~ ~:Jid a~nd ~•nlon•i•:~hle Gnt mor1~::~Ke• nn th~• \1ortK:~Kt~d Pru~-ert~• subje~•t unh• t~. thi•
t•xcc~ptions hi~n•in pru~ided 11ortK:~K~~r h:~s (ull puwe•r :~nd lawtul :iuth~~nt~• tu mnrt~;akr th~• ~turlKa~;~•~! }'ropi~rty ui the•
mannt•r and (orm h~•rein dune or intt•nd~v1 hf•reafter to t~c• done•. 11~~rtR:~Knr K~ill pr.•.~•n•~~ .u~•h trtlt• and will torr~~rr warrant
:u~d dtd~•nd th~~ .:~m~~ to \torlxaRcr :~nd K'III ~(IfE`\'f•r ~•arrnM :~nd d~~(~~nd th~• ~:~lid~t~~ ::nd priorit}• o( th~ li~•n h~•n•of aKainst
thi~ ~•laim~ of :~II ~N•r.M~ns :~nd ~~:Inlf'ti Y.'F1UI11ti1N~~~•r.
\1nrtK:i~ur will. :~t th~• i•uct uf UortkaRor. :~nd w~thoul i•z~x•n~e~ to ~turtKaK~~•, do. i•xc•rut~~, :u•knuHl.KiKi• :~rid di•hv~~r :~II
:~nd ~~-~~ry ,u~•h f~~rth~~r a~•ts, dc~c~ls, ~•om~evani•e~s, morlKaKes. as.viKnm~•nts. n~~tii-~•ti ot ::~tiiKnm~•nt, tr:~ns(ers :~nd :~cvur.~n~•es as~
~1ortKaki~~~ shaU (r~~m t~m~ tu tim~~ r~Y~uin• is~ orde•r fo ~~r~•s~•n~• thr prinrih~ ~~f th~• li~~n r~f this 11ortKaKt~ or t~~ (a~•ilitat~• th[•
~H•rf~~nnan~•f~ of fh~• tt•rms h~~nY~f.
P!tOVInF:i), HO~~'F.VF.N. that il ~1nrtKa~;~~r sh:~ll p:~~~ tu \1r~rtR:~k~•~• the• ~ndc•hiedn~•<s ~n th~~ pnn~•i~r.il sum n(
q 36,143.59 :~y ~~~•ideni•e•d Irv that ~•erlain prumi,sury note~ 1fhi~ N~~t~•~. ~;( e~t•n d:~te Fu~n~~aith. t•xe~•uti•~l h~.
~1orlKay;~~r and p:~y:~blf• to nrdrr ut. A1ort~;aRei•, with intere•s1 :~nd uE~un th~• terrns :~s ~rrn~•ide~d tht•m~n, and toFether w~ith :JI
~~thf~r .ums :id~~:~n~~c~l b~• ~1ort~;:~R~•E~ t~~ or on Ix•h:d( u( ~lnrtk:~Rur pursu:~nl lo the \ote or this ~1urfR:~~;~. thc~ f~n:il maturit~~
d:~t~• u( the ti'~~te and thi+ ~1ortKaKe IK•~nR Fe~. 27~,-~$~.~ .:~nd ~hall ~x•rturm all ulhrr ~•mt•n:intti :~nd
i unJitinns of th~• \nt~•, all ot thc• terms u( whi~•h N~~tr :ue in~~or~N~r.~tcYt hi~n•~n In~ rfdi•mni~e :~s thou~;h si~t forth (ully he•n•-
~n. :~nd of any rt~n~~.al. ~~xten~i~~n ~~r nuHlif~~•ation. th~mnl :ind of thi, titort~;aki~. thi~n thi. \1ort~a~~~ and the c•st:~t~• h~~mh~.
~-mat~d ~h:~li ~•i~:~c~~ .~nd lFrmin::t~~.
\1~~rt~;.i{;ur (urther ~•~~m.•nants :~nd :~Kr~~•s w~lh 1lurty;n~;~~i•:~.I~~IIo~~:
1. "1'u ~r.n• :ill sums, ~n~•ludinK in!t•rrtit se~•urrd here•by wh~~n dut•. a. ~~ro~id~•d lur ~n th~• tiute and :~m• rent•N:~I. ~•xt~msion
~~r mudificatiun lht•muf :~nd in this ~1ortRaRe. all such tiums tu tk- payal~le~ ~n I:iwful munt•v of th~~ (~nit~K1 tit:~t~•s o( Anu•n~•a
at ~inrtRaKec~ s al~~rc _c:ud prin~•~pal offi~•~. ur :~t su~•h other pL•i~•e ac \fortRaKi~~ ma~• dt~s~Knale in w~ritin~.
2 ~To pay ~~hi•n dur. :~nd withnut n~c~uirinQ :~ny nuU~•t• from ~tort~;aK~K•. :dl taxes, :~s.x:~sment+ ut c~n~ h•~x• or n:~tun~
:uid oth~•r ~•h:~rKes Ieci~Y1 or a.~;r~x•d ;iK:unst the• Atortka~f~c1 Yro{x~rty or this ~1~irt~a~e and prcxluce rei•i~ipts therf~(or u~x~n
de•n2:~nd. "1'o imniediateh• p:~y .~nd dis~•har~e an~ t•I:um, lien or encuml~r.in~•e aKainst the ~torlQaRt~d Yro~~rrty whi~~h m:~~• tN•
~~~ tK•~~~~tn~• su~x•rior to th~c ~1ortR:~Kr :~nd tu ~x•rmit nu d~~tault or dehny~i•m•y on :~ny oth~•r lie•n. eni•umhran~•~~ or ~•h:~rK~.
aK:~invt tht• b1~~rtKaRcv1 Yru~x~riy.
3. 1( rt~yuiret) b~- yllort-;aKw~_ tu :~Iso mak~• munthly dcq~.~ts w•~th Mortk:~Kt~~•. in a nun-inti•msf iK:~nn~; a~•~~uunt. tu-
K~•thc•r N~th and ~n add~tton to inti•rt~st :~nd prini•~{~al, o( a surn t•yual lo onr-tw•el(th of !he yearly t:~xes and assu~ssm~~nts Khi~•h
m:~J• ix• le~ie~1 :iK:~inst the 11ortR:~Kec1 Yru~~rty. :~nd lil so myuiredl one-twel(th ot the y~•arly prrmiums tor insur:~nc~~
thPrtr~n. 7~hF~ :~muuM u~ su~•h taxe.r-, asce~s.timt•nts :~nd pmmiums, wnen unknown, sh:~ll Ix~ estim:~tE~l by Ator1Q:~Re~•. tiu~•h
de~Niti~ts ch:dl b~ utictil I~v MortKaK~r to p:rv su~•h tax~•s, a.~~~.timents and pmm~ums when due. Any insufticien~~v o( such
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