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Home My WebLink About2746. /3ev ~~'~s,~ • ~. ~-- r- //, 1/O ~'~- S~G.~JSJ ' 5 e 9 .at'",.~j „"~ MORTGAGE DEED AND SECURITY AGREEMENT ~~ ~ >, - THIti MOI2TGAG~S D~:BD (the t~tortgage), datid as of MarCh 26 , 14 ~, by :~nd I~etw~rn ' Gary L. Burdsall and Jean l~S. Burdsall, his wife Ihe~einatter c:+lled MoHR:~gor) and Suri Bank Of St. LuCle County ; hH~~~~g ;~~ u((i~~ ut 111 0range Avenue, Ft. Pierce , Florici~ (hrminuttcr ~•:ilic~l Mortg:ig~~c1; 't ~. WITNESSETH, thnt in considerution ot the premises :~nd in order to secure the {-uyment of holh the princi~x~l of, :ind '(~7 intereat and any other suma pnyable on the note (as hereina(ter definedl or this MortgAge and the ~~ertormance .~nd ob- sen~ance of all o( lhe provisions hereot nnd ot s:~id note, Mortgagor hereby grants, sella, warranta, aliens, remisea, releascs, conveys, assiRns, trnnatera, mortgagea and seta over and confirma unto Mortgagee, all ot AiortRagor 9 cetate, riRht, tiUe and interest in, to and under aU that certt~in real pro{x~rty situate in St. Lucie ('ounty, t'larida~ more {~:~rtii•ul:irly des~•ritxd as fullows: Lots 6 and 7, Block 80, LAlCEWOOD PARK, UNIT SEVEN, according to the plat of same filed in the office of the Clerk of the Circuit Court of St. Lucie County, Florida, in Plat Book 11, Page 13. ft~^flYfD = 1~_ ~~ IN /AlfiAfJIT OF TAXE= CUc 0'1 GUISi 'C 1!ITAYCIQLE rERSONAI rROPERIY, ~ ,. ~ FURSUANT TO CNRPTE~ 71-13~. ACTS Of 1~11. t ao~+t -oRUS i7< < _ ~ ~ + ~~ , ac~x a:caT .caa~. tt. uat ~e. ~u.?r . . T(x:ETHEIt WITH al) imprcn•ements now or hereatter I~x•:~ted on a:~iJ real pm~~erty .ind :~II fi:tures, appli:~n~•~•.. apparatus, equipment, heating and air ronditioninR equipment, machinery :ind articles o( ~-erson~l pro~x~rty and mplacement thereot (other than those owned by les.gees ot s:~id real property) now or herea(ter aftiYCd to, attanc~Yl to, pl:~i•ed u~~on, or ~~tied in any way in connection with the complete and comforlable use, orcupancy, or o{~er.~tion o( s:iid real pro~~erty, all licrnses and permits u.ced or requirccl in connec•tion with the use o( siid renl pro~x~rty, :~Il leases of s:~id real proEmrty now ~r hena(ter enlered into :ind all right, title and interest o( Murtgagor themunder, includinR without limitation, cash or se~•uri- ties de~wsited thereunder uursuant to said Ieases, and all rents, istiues, proireds, and profits accruing (r~~m x+id rr:il pru~-erty and together with all pr«•eeJs of the com•ersion, ~•oluntary or involuntary ot any of the forrgoing into cash or liquidatcd claims, includinq without•limitatiun, proceeds o( insurance and condemn.riion :fN'Jfd3 (the foreguing said mal pro{xrty. tanRible and intan~ible Exrsonal pro~-erty hereinafler rr(erred to as the MortgaRed Yro~~erty). MortgaKor hereby Kr.ints to hlortRagee ~ u~•unty interest in the toreRo~nR descrii-ed tanRible and int:~nRible ~x~rsonal pro~x•rl~. Tn HAVE AND TO HO~.D the lfortgaRed Yro~~erty, t~ether with all and sinRular th~~ tenements, heredit:~mrnts :~nd :~ppurtenances themunto tielonRinR or in anywise appertaininR and the recersion and reversions thereo( and all the estate. riRht, title, inler~st, homestead, dower .ind right of dov~~er, separ.~te estate, ~~sse+siun, claim and demand whatsoc:~er. as w•e11 in law• as in equity, of 11ortRagor and unto the s:~me, and every part thPreof, with th~ :~ppurtFnancc~s o( A1ortRaRor in and to the c:~mP, and e~•~rv part and ~r.~n•el thereof unto A1ortQ:~Kee. ~lortgagor K.~rrantti that it has a(;ax1 and mc~rkMahle hUr to :~n ~ndi•ft:~sii~le tt•f• ~•st:~t~• in thi• :11nrtK:~K~V1 I'mIN•rty Sulyei•t to no lic•n, ch:~rRe or encumhran~•e except su~~h :is ~1url~;aqEV• has a~rrc~l tu a~•~-ept in wrrt~ng :u~d ~tortRaRur ~•o~e•nants thut th~s l~toriK:~Re is and vrill rc•main a valid and enforc•eahle first mortK:~Re on the 11ortQaRed Pro~~erty subje~•t only to thP exi•eptions herein provided. I~1ortQaRor has (ull ~x~wer and law(ul authnnty tu mortKage the A1ortRaged Pro~K•r!y in the mauner :~nd (orm hPrein dnne or inte~ded hereaftrr to t~e done. MortRa¢or w~ll pmserve sui•h title and wil) forrver warrant and de(end the s:~me to T1ortR.igee a~d vri11 furerer warrant and defc~nd th~ ~alidity and priority ot the lien hercvif aKaunst the ~laims of all ~x•rsons and ~Hirties whomscx~er. \1ortRaRor v~ill, at the ~•ost of 111ortRaRor. and vvithoul ez{~nse to ~11urt~t:~Ree, do, t~xe~•utr, ai~•knowlcYlRr :~nd dcli~~er .ill .r:.:~ e~~rr>• su~h further ascts. deecls, com•eyances, mortR:iRes_ assiKnmrnts, notie•rs ot :~~YiKnment, tra~sters :ind :~swuran~•c~ :+s 1ltortRaKee shall trom time to timc~ reyuire in ordPr to prc~enP th~ priority ot tht~ lien ot this A1ortRaRe ~~r to (a~•~litate the ~~erforman~•P o( th~• terms hereo(. PROVIDED, HO~VEVER, that if ~'IorlKaRor sh:~ll pay to AturtRa~;ci~ the ind~btedness in !he prm~•ipal sum ol a 7 ~543 _ 49 as evideni•ed by that certain pmmic~ry note Ithe Notel, ot e~~en date herew•ith, exe~ t:ted hy UortK:iRnr and ~~:~yah1P to order o( rlortRaRee, with interest :~nd u~x~n the terms as pmvided therein, and tuRether M•ith :ill nthf•r ~ums ad~•ancecl b_v 111ortRa~ee to or on behalf o( MortRaRor pursuant to Ihe Note or this A7ortR~RP, the final maturiiy dat~ nf the Note and this MortgaRe heing n~a , and shall ~~erform all other ~-m•enants :~nd ~•onditions of the \ote, all o( the terms uf whi~•h Note are in~•orFwrated herein by relerence as thouRh set forth (ully here- in. and of :~ny renew~al, extension ~,r mc~i(i~~ation, therenl :+nd of this \1ortKaRe, then this ~tortKage :~nd lhe estatt• herch~• rrt•ated shall ~•eas~ and terminate. ti'1oMKaK~r further concenants and :~Rrers w~th 11ort~aRec• :is tollow~s: 1. Tu pay all sums, includinR interrst secured hereby u~hen due, as E~rocided for in the Note an~ any renrwal, exte•nsion nr m~xli(ication Ihereof and in this MortRaRe, all su~h sums to lie p:iyable in law(ul money of the l1n~t~Y1 Statf•s o( Am~rica at A1ortKaRee's atores:~iJ principal o((ice, or at cu~h other plare as 11t~r1KaK~r may desiRnate in writinR. 2. "To ~h~y when due, and wilhout reyuinng any notice irom 1~'lortgagee, all taxes, assessments o( any ty~~e or n:itun• and other charRes leviecl or assessed aK:~inst the MurtgaRed Pro{~erty or this Afort~age and produce receipts therefor u~-on d~m~nd. To immediately pay and discharqe any claim, lien or encumbranre :~gainst the l~iortgaqed Pro~~erty which may tx~ or tx~~•ome su~-erior to this A1ortRaRe and to ~-ermit no de(a-dt or delinquen~•y ~m am~ other lien, enc•umUran~•e or charRc~ a~ainst th~• `4ortRaR~ Pro{wr.y. 3. If reyu~red by Mort~aKer, to also make monthly de~~sits with :11or1RaQee, in a non-i~terest hearinR ac~•ount, to- Rether with and in addition to interest and princi~~:il. ot a sum eyuat to one-twelfth of the yearly taxes and ass~smenls whi~-h m:~y I~e le~~ied aqainst the Mortgaged Yroperly, and li( ~o requiredl one-twelfth ot the yearly premiums f~r insurance thereon. The amount o( such taxeR, as.gessments and premiuma, when unknown, ahall be estimated by MortgaRee. 4u~h de~xmiLg shall he used by }11ort~CaRee (o p:+y such taxes, a~.gessments and premiur~9 when due. Any insu(tic•iency o( such ~++~`, t!:~Tti:il+~t-elT P~ ~ '-~.c... . ~~:~ t~. ~:k ~t ~:. ! . .: ;. -~- .l ~••. M. Yreear.an ~i''~'~ •J,Ji P~6~~ 1 z~ ".. ~ ~ ~: . ~ ,.