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Home My WebLink About27998~- ~3,.~ `~~~ 5225~6 .~~ 3s~ ~3 ~ . .,~ .~i--~o ~ F- O ~ a ~ ~ rY . ~ MORTGAGE DEED AND SECURITY AGREEMENT ~ TH1S MOIiTGAGF Dr:h:D Ithe MoHgage). dutrd e~s of ~rch 2f , ly 81, hy :~nd Iw•~w~vn Charles A. Giles and Cheryl E. Giles, his wife Ihen•ina(ter called 11'IorigaKor) :+nd Sun Bdrik Of St - LuCle County , havinR an ~~~~i.e~~~ Ft. Pierce , tlur~~l:i Ih~•n•in:~her~'.~11~K1 A1o~tK:~K~~1: WITNESSF.'I`H, tha~t in ~~onsider.ition ot the premi~ ~nd in order to ~~.•ure the ~u~yment of twth the prin~•iN:~l o~, and interest and uoy other suma payable on the note I.~s hereina(ter detincd) or this MoriK:~ge and the {~ertorn~anre z+nd o!~- sen•s~nce ot ull ot the pro~•isions hereof t~nd of s:~id note, Mortgagor herehy grunfs, sells, warrants, aliens, remieu•s, rPle:~xes, cfln~•eys, .-seigns, trnns(ers, morlKnRes and sets over and c~niirma unto Mortgagec, ull ot Mortgagor'R e~tate, riRht, tiU~ :~nd i~leresl in, to and under :~11 th.it certain rr:~l pm~~rty situal~~ in St. Lucie (bu~ty, Plorid:i more ~~:~rti~~ul:~rly desc•ribed ns tollows: ~n - - 0~ . a~ From the Northeast corner of Section 21, Township 37 South, Range 38 East, ~ ~ St. Lucie County, Florida, run South 89° 55' West along the North line of said Section 21, 790.37 feet to t~e Northwesterly right-of-way line for ~ ~ Glades Cut Off Road; thence run South 44°43'30' West along said right- ~' of-way line 1883.41 feet to the point of beginning; thence run North ~ a~ 45°16'30" West 1897.62 feet to the North line of said Section 21; thence y o~ run West 308.55 feet; thence run South 95°16'30" East 2116.84 feet to L~~ said righ~-of-way line of Glades Cut Off Road; thence run North 44° 43' c~ v 30" East 217.13 feet to the point of beginning. ~ ~ r ~ .!s ~ v ~ ~ ~F- ~ ~a ~ ~~~ 0. 7YX;1:7'HN:R WITH all improvements now or here:~itrr IM:~teci on ~:~id real proE-erly and all ti:tums, applian~•r,. a~-paratus, equipment, heatinR :ind air conditioninR equipmrnt, m:-chinery :~nd arti~•le~c ot {~ersonal pro~wrt~• and replacement thereof ~other than those owned t~y lecsees of s:iid real pro~-erty) now or hemaiter aflixed to, :itta~ch~ to, pla~•ed u~Mn, or used in an~ w:~y in ~~onnec•tion N~ith the c~~mplete and comfortable use, ~~•u~~:~n~•r, or operation o( s:~id real pro~-erty. :ill lii•en~rs and {~ermit~ used or requircKl in conne~•tion with the usc of s:iid mal pro~x•rty, all Ic~ases ot s:~id real pro~-rrty nox~ or hereafter entered into and .ili nght, title .~nd interest ot 1~turtRaRor themunder, includinR ~•ithout limitation, cash or u•cun- ties deFx~sited thereunder pursu:~nt to s:~id le.urc. :~nd :~II rene3, issues, pr~x•t~e~s, and pro(its :~ccn~~nQ (rum s:~id re:d pn,~-c~rty and together with atl pr«•eecis o( the con~~ersion, ~•oluntary or ~nvoluMary of :~ny of the foregoinR int~~ c:+sh or I~quidatEY1 i•I.~ims, including without I~mitation, procerds ot insur:~ni•e and condemn:itiun awards Ithe toreRoinR s:~id real pro{-erty. tangihle and int:~nKihle ~Knunal pro~~erty hereinafter re(errt~ci to as the ~1urt~;:~Kt~d Yro~~ertyl. '.11urtFa~or hemb}• ~;r.~nts to A7ortRagec• a scti'urity interest in the foreKuinQ desc•rit~~1 t:~ngil;le and ~nL•~nKihlt• !x•ru~n:~l pro{xvly. ~ TO HAV1; ANU TO HOI.I) the 11orfKaKed Yro~~erty. t~~.•ther ~~ih all and sin~ular the tenements, h~~rt~clit:un~•nts :ind :~ppurten:~n~•c~ thereunto tx•IonRinR or in anyN•ise ap~-ertaininR :~nd !he re~•c~rtiion :ind re~•ersion~ thercv~f :+nd :~II the est.+tP, riRht, title, interest, homt~stead, dower and riRht ~( duwer, srF~:~r.ite estate, {x,.ctie~~ion, claim and dPmand whats~~e~•rr, a. well in I.+N• as in eyuity, of A1ortR:eQor and unto th~ c:imc~, and r~~en~ p:irt ihc•n~f, w~ith th~~ ap~~urt~nam•~•s ~I 1~turtRaRor in :ind to the wi-n~, .~nd e~~t•rv p:~rt and parv•el therc~uf unto 41ort~:~Rc~c~. 11ortR:~Kor a:+rr:ints that it has a K~N~d and market:~blr Utli• lu :ui ~ndi•ft~:is~hli• t~•~• ~•stat~• ~n tht• ~1~irtKak~K1 F'ru~N•rt~~ cuhji•~~t t~~ no lie•n. ~•harKe ur em•umhr,in~-t~ except sui•h a~ ~1nrt{;akiY• Fe:i~ :i};rrrd tu ari•i~pt in wntinK and A1~rtKaKur ~~~~vrnant~ Ihat this ~1urtKaKr is and w~ll rem:~in :i ~':ilid :~nd E~n(or~•~~atde first m~~rtR:-R~• un the ?~1urtR:~R.Yi Yro~-erty suhj~i•t only tn the excc•pt~ons herein prmided. MnrtR:iRor has ~UII ~NIK'Pr .~nd lawful authonty t~: mortK~~K~• ~h~' ~1or1K~~-:~'~i E'ro~K~rh• in thf• m:~nner and torm herein donP or infen~l~i hrre.itter to t~e done. A1ortKaKor will prrsen•e su~~h title and v~ill fore~~er w:irrant and defend the s:~mc~ to A1ortRaRee and w~ill fure~er warr:~nt :~nd d~ti•ncl tht~ c:~lid~t~• and priority u( th~~ li~•n h~•n~d :iK:~inst thf~ ~•laims o( :~11 {rt•rsuns and p:~rties r~humu~rver. MortK.~Rnr w•ill, :~t the ~•ust o( 1~1or1RaRor. and w~thout ex{x•nse to 11ur1R:~KE•~•, du, i~xe~-ufe, :~ckno~+lerlRe and deli~f~r :~II and e~ery su~•h (urthc~r ai•tc, deY~cls, ~•om~eyan~ea, mortR.~Res, asciKnmFnts, n~~ti~•es o( acsiKnm~•nt, tr.insfers and axtiuran~•es a~ !1lor1Q:~Qee tihall (rom time t~ time• nK~uire in order tu prf•ce~r~~e th~ ~~ri~rity .~f ihr lit•n of this A1ortRaKe ~~r t~ fai•ihtat~• the ~n~r(orman~•e of .hi~ terms hen~f YROVIDED. HOV1'F.VEH. that ~( MorlKay;•~r ~h:~ll ~~ay to ;1urtKa~;~~• th~~ ~nd~htcKlnc~a~ in thi~ ~~n~~•ipal sum ul A 14~7d_Q5,_:~s e~•id~~n~•~d by that ~ert:~in prami~.c~~n• nnte~ ~the~ Nut~~~. of e~~f•n. d:~t.~ hert•..~th. exe~•ut~~d h~. ~torlKaKor and pay:~l~le t~~ orde~r of MortKaRer, x~ith interc•st and upon thF t~~rms as pnn•idc~d therein. :~nd to~ethPr with all ~~ther cums :~d~•ani•c~l hy MortK:lRPt• to or ~~n t~eh:~l( n( Mnrt(taRor pursu:+nt t~ the Note~ ~~r this MortRaKF, thc• fin:~) in:~turit>• d:it~~ ot the NotE~ anci this ;~1ort~aRe i~c~inK March 25. 1991 ,;~nd ~halt ~~rform :~II othe•r ~•o~•enants nnd ~•undili~~ns o( thf• Nuli~, :~11 0( the• trnns u( whi~•h tiotr are in~•or{x~rated ht~min by ~rf~•rencr as thuuKh se~t (orth fulh• here- ~n, and n( any rEme~+~al, E~xtension or m~Khfii:~ti~~n, th~re~~( and o( thiti ~lnrtka~;i•~ the~n this 11ortKaRc~ :+n~l thi• ~•stat~~ he~rF•hy ~~m:it~~d ~h:ill ~•c•:~se :~nd tFr~nin:~tf~ ~ ~" ~ .~ C 01 c m c , ~ U ~ ` O s 7 .i O ~i~irtKag~~r (urtht~r ~•~~nvenants and aKrec~ with ~1or1~:~Qrc• :~s t~~llrnns- L'I'o p:~y :~II sun~s, inrludinK interest ce~vred hereby when due, as procid~•d (or in th~• ~ote and :~m ren~~~al, rxti•nsion ~~r mnd~fication therf~of an~f in thiti ~1ortK.~Re. :~II suc•h sums to tr~• pay:~hl~• in 1:~K•ful monf•t• of th~ (`niteKl titalt~, rr( Am~~ri~•:~ at ~1ortQaQe~~'s af~~resaid prin~•~pal off~~•e, or at Su~•h other pl~i•e av ;11~~rtRaKc~c• maiy drtiiKnatF in writink. Y. 'I~o ~-a}• when due, and without rcyuirinR any notice (rum ltnrtKnKee. all taxc~s, as.u•atiments of :im• t~•~-~~ ~~r nature• :~nd other ~~harKes Ie~icK~ or :~s.sessed aRainst the :~1ortK:iRec1 I'ro~x~rty ur this ~1or1{;aRe and proclu.e receipts th~re(or u~x~n drm:~nd. 'I'o immediateh• p:ry and discharRe any ~•I:~im. I~en or en~•umbran~•t• aRa~nst the 1loriqaRed Pro{K~rty ~~hi~•h ma~• }w• or Fx•~•ome suExriur to this ~1ortKaKe and to ~x~rmit no clcdault or d~linquf~m•~- un .~n~• ~~t}~f•r lii~n, enoumbran~•~ or i•hr~r~r :ik:unst th~~ \1ortK:~R~yl Pro{x•rty'- 3. If reywred hy ~1ortKa~tK•, lu alsn m:~ke monthh• d~~~wvits with ~1ort~;:~Kce, in a non-inten~st tK.~rinR acrount, fu- K~•ther Nith :+nd ~n addition to ~nte•rest :ind pnn~~p:J, o( a sum i~qu:+l to one•-tw•el(th of the yearly t:ixes and assc~"mc•nt~ whi.~h may tx• le~ied aRainst the ;41ortRaRec1 Yro~~erty, and 1if s~~ reyuireell one-twelith ot the yt~arly premiums (or insurance thertK,n. The amount ot su~•h tau~, a~.s~ssmc~nts and pn•miums, when unkn~~+n, shall t~e c,vtimatrd by ltortK:~Ke~e. Such de~N~~its shall he u~aY1 hy 117ortK:~~ee to {-:~y sui•h lax~•s. :~~u•stimentx and prem~ums when due. Any insuffi~~ien~•y o( ~u~-h JH~s ~r~~7RU~/,~!IT PR~FA~.•(~ kC. , SL':'• i:~'?}{ (~; ;;,!, 1 " ''l ~ .1. R ~1 ~J~. L IIV.~~`l~~ 1 ~~ ,~~ ~ . / ~1 % ~'~~?A. F~~~~~' uy _~~~/~/„ 4~~~~ . i., T r~~,..~. ~ _~i <'::~ ; 1 ! . . ~ -. F " _ , ,' frF ES