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MORTGAGE DEED AND SECURITY AGREEMENT
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THIS MORTGAGt: UEI:D (Ihe Mong~rl, dateJ u of MaY'Ctl ~~_- . 19 _~ , hy rrni h~~wr~n _----_- ___ .__ _.
STANLEY DUB062 and OANITI~O 1~OB06Z, his wife
(herrinafter ~alled Murt~zgur and $~ ~ OF ST. LLICIE O~[~TI'Y, a Florida ~?d7l}C1T2C~ oorporation
havin+t an
ofl7ue ~t 111 Orarx~e A~renue, Fort Pieroe, Florida 33450 ^___ ~hrrc~nrtter ~allyd ~1„nK~Krr~;
WITNGSSETH, tlut in ~on~iderauun o( the prenu~es and in urdtt to ~rcurc tht paymrnt ut huth th~ pnnc~pll uf, a~x1 ~ntrrrst and any u~he~
~ums pryabk on the note las he~rinafter drtina:dl or this hlortKagr anJ the ~erG~rm~nre ~nd ub~rnance of all of thr pn~v~,i~~m herrot :,nJ ul .aiJ
note, Mortgagor hereby grants, sells, warr3nts, conreys, u~igns, tr~nsters, mortg~ge~ arxl uts o~er and r~~nt-nm umu ~turigagrr, all ut ~1urtK~K~~~~~
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tsiate, righl, tiik and interest in, to and under aU that .ertain rcat pruprrry sitwte in St. LL1C1G _____ ('„unq•, I I~;~da. ~+`~
more particu{arly described as folluws:
1 ~=~ 1
Lot 2, B1ock 155, South Port St. Lucie, Unit 8, a Subdivision '
a~:cording to the plat thereof as recorded in Plat Book 14, Page 26
~ of the Public Records of St. Lucie County, Florida.
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RfCQYfD sc ~~ ~•~t U ~N -AYk~Ni ~F T1U(EE
C8E ON I;~dSt 'C' IkTAM6:alE tFlSOY!L pROPER-r~
PUf~SUA11T TO CHt,P1EN 11-13~, ~CTS OF 1~n.
R;,GER -0(TP,IS
cIERK qKt?7T COlftt, =T. L~CE C8. M,~ ~
T(X:£THLR WITH rll tmprov~emrnts nuK or F1CIl'dltl'I Iucatrd un ~.ud re.il piuFxrty :uid aU tl\IUfC~, Jf1~llldfl~tl, d~~~J(d~LL~, cywp~urnt.
lurnu}un~,s, heattng and ait conditioning equ~pmrnt, rtuchinrry and :uucies uf ~xnunrl property and replacemrnt thrr~uf iuthrr then thux „wned
by lessees of said real pro}+erty) nuw• o~ nereafter afti~rd to, attached to. placeA upun, ur used ~n any way ~n c~~nncrtwn wi;h thr cumpirtr anJ
comtuetabk use, occupancy, or operauun o1 the ~ax1 rea! property, al! Gcenses and pttm~ts uard ut reyuuctif ~n runnectiun N~th ihe usr of ~id
real ptoperty, all leases ot sard teal ptoperty nuw ur hereafter enlered ~nto artil all n~ht, tide and ~nter~~t uf ~torig.~ur ihcteurxlrt, ~n~luJ~n~
without limitauon, ~ash or aerutities depo~ited.theerunder punuant to saKi leases, artd aU renti, usues, pruc~tid+, and protits accruin~; frum~sid re~l
property and together w~th all procreds of the con~~ersion, volantary ur invuluntary uf any of ;he forc~;uing intu ~ash ur 6yuidet~d rlaimti, m.lud-
u~g without 6mttation, ptoceecls ot inwranre and condemnatiun euards tthe foregu~n~: ~a~d reat propert~~, tanNhle and mtang~hle prrwnal prup.rh
hereinatter rtferred to rollectively ~s the \IuitgaE~1 Pro~xrty). ~1urt~;agur hrreby ~trants tu \tortg~Krr a;ccunt} intereci m thr tnre~~~~n~ dr,~nl:rd
tangible and intangible personal property.
TO NAYE ANU TO HOLU thr ~lurtgeged Prupe~ty, ;ugcth~r wuh ali and ~mgular thr trnemrnt~, hrrcdu~mrnt. and ~ppurtrnenrr~ thrrc-
unto belonging or in anp~ise :~ppertslninK arni the re~ei~r.,n :uid re~cnl.,ns th~reof ;uid ~U thc r~wte, r4:ht, utl~. intcrut, t~umr.tr~d, d~~N~r ~n.l
nght of dow•er, separate estat~, possession, cla-m and dernand whatsorver, as well in lay as ~n cyu~tq, ot ~turtgr~ur ~nd umu the ~anec. .~nd c~rr-
prrt therevf, w~th the appurtenanies of ~tottgagur in and to the same, and rvery patt and parcel thrreuf unto ~t~rrtgrgcr.
Nortga.gor warranh that ~tortgar~r ha~ a gu~K1 ~nd matketable hUc tu an ~nJetea,iblc trc r.tetr m!hr rral pr~~prrly :.~mprnin~ thr ~1~~rt-
gaged Propetty' wb~eci to nu I~ca, charge or enru~nbtance r~.ept w.h a~ 1lurtE:-~ct hsi a~.rerQ tu e<<rpt in wnun~ and ~1~~rtFarnr ~uccn3nt, ~h.,i
this ~fortgage u and will remain a vaLd anJ en~~~rirable murtg:~r un thr ~I~~rt~;at~d Nru~xrt~ ,ut~~e~t „nly to thr r~rrptu~n, ticrcin pru~~Jrd
~lurtgagor has full pvwer :u~d lawfu! suthor~ty w mnrt~:rge ,he ~forig:~rd Pru~rcrt} m thr menner ~nd furm hr~rm d~~nr ~~r intrndrd hcrrattrr *.~~
b~ done. ~torigagor u~l pre~er~~~ such htlc and .~~II iurc~~er warr:~nt and delcnd thr wn~• tu \I~~rtE~~:rr rnd NIII 1uiC1l'f N,~[(,1O( dll~ IjC~CR(~ rhr
t'.-lxitty and Qriun.y ot the lten hereuf ~g~nst the cl.ums c~f ~ll perx~m rnd p.~rur, whum,.~r~rr
Mortgagor u~~l, at thr cou of Nurtg~ur, and N:th~~ut r~per.;e tu ~1u::t.~e~, du, e~r:ute, ~::I.sz~~~~!ed~r anil dcl~«~ all ~:sd c~zt; +::~h turther
acts, deeds, com'eyancrs, murtg.~e~, ew~nmrnts, nud~_e, ut a~s~~tnmrnt, trar-~lers and aUUran:e, a, ~furtg,st:re ,heU tn~m ume tu Uinr re+~wrr ~n
utdu W preserve the priunry of thr hen of th~s Mortg:sge ur tu fac-litate the petform:-n.r uf tne trrm, hrreuf.
PROYIU! D, t10W E:VI.R, that ~C ~iurtg:~{t~~r shall pe} tu Nurt~;agee the ~nelcbtcdnc~. ~n ehr pnn.~pal sum ~~f _ 1~~QQ~______ a~
evrdrnced by that certain prumu>ur} nute Ithe Nute1, of r~en dete hetrw~th, ru~uted b~' ~1~~rtgaEur .uid pe}ablr tu urdrr u1 !~turt,a~~r, with
~ntetest and upon the temu as ptor~d~Y1 therr~n, arid tc>grther wrth all uther wm~ ~f~~nced by \1~~rtg.u:rr tn ~~r ~m brha!! ~~t \t~n~~~o: punuent
to ihe Note or this Nort~~e. the t-na1 me:unty date uf thr \~~tr rrid thi~ \turt~;aXz hetn¢ __ Apr~~-.~~-- --- -- ----- ~uai ,t;.~li
perfurm all uthet rucrnsnh .~nJ c+snJ~u„m ~~f thr tiutr, ell <~t thr renn, +~t wh~ch ti~~tr rre m:~~~p~~ratrJ hr:rin hy :elrrrn.c e. ;h:~u.f~ .rt t~~:!h
IuIly' herem, and ut any nnewai. c~tunswn v~ ~zu~ddi,au~~n. thrreut and ut the~ ~1~1fIr3Y:, 2hrn t1u> \l~,tt.~;:r ~nJ thr r>!~tr ticcrh} ,.~~~trd ,hall
ct~se and tetm~nate.
\forti,sgor furthe: iutienant, ~nd ~~ee~ w~th ~f~~:t~afc~ a~ t~~lluN,
1. Tu piy' :ill sum~, includin~ ~ntere~t sr.ured hereb}' uhrn due. a, ~n>~~drd ts~r ~n th~ :~~,tr en~i ~~z~ rrn~wel_ c~trn,~~~n ~~r m~Kfi22:atn,n
theteof and m thi. ~lnrigaKe. all cu.h sum~ t~ he pe~ehle m lewlu! muney ~~t thr l mtec: ti;str. ~~1 ~1in:nca ~t 51~,;::,trc'. ,i~~rc,lid pnnnp~l
offi.e, or at wch other place ac 1lurtcagee mr} de~ignatr ir. unting.
2. 1~~ pap when due. ~nd a~th~,ot rryuume en~ n~,ure frun, ~furs~.,~ce. ri: ta.e.. a.~r..m.nt. ,~f em typ~• ~~r ne'u~c ~nd ~~tt:rr ~t~are~~.
leti~rd ot a~sr,tird a~amst the ~t~~ri~aecd Pr.~Fxrty or ih~. ~tortt~};t and pr~xlu.c rc.ript. thrrrt,~r up~m Jrtn,,nJ. ~~, ~m~n.diat~•Ic p~y ~nJ ;1~.
chuge any cl:~~m, L•en or encumhr:uue agamc~ the ~t~,rta.~YU1 Property wh~ch ma~ be ~~r br:~~rne .u~xnor t~~ thi. ~1urt~:aKe e~iJ t~i prrmit n~~.lclnult
or delu~yue~cy un any uther lien. encumbrance or rharg. aga~nct the Nortgaged Pru~xtty.
3. If tequtted by ~tu*tga~er, to aLco make m~mthl}• depu.~t. with 11nrt~;agec, m a nun•in,rre+t h~anng a..~~u~t, t=~Ecthet N~th ~nd m ~Jd~-
tion to intrrect and pnmipal, o( a>um cqua! t.^ ~~rx-~wellth ot the y~reriy tr~rc and a~~..~mcnt~ whi.h may br le~red aXa~n~t the tturtga~;rd Prnp-
erty, and Ut so reyuitedl one-twelith ~f the y~early premwme for -nwrrncc thereun. The amuunt of .uch taxcc, ac.c~.ments arNf prcmwmc, w hen
unknc,wn. shall tx esumated by Mortgagee Such arpoats ~hrll br ux~d by Sturt~~Ker tu pa~ wch ta~rc. a+k,.mentl end prrm!umti whrn dur.
Any insuff:ciencp ~~f such account t~ p~y wnc ~hargr~ when due.hall h~• pr~d h~ N~~rtt~~nr t~~ ~1ur!g.~Kce un demand It. hy :eavm cd any ~lriauN
by M:;ttg~got under any pt~~ns~on of th~< <tortg:~e. ~I~~rt~ager declate. all .um,..cured hemby t~~ Fx due and pa)ahle ~1~~rt~agre may thrn apply
any fund~ ~n said accuunt a~auist the entue ~nd~htednrs~ xrurrd herebp. Ihe ent~~nrahiiit} ~~t thr e~~crn.~nt+ relaunK tu t.,~e~. a~~e~5menh et~d
insutance prem~um~ hetem otherK~.e prundrd ch~ll nut br a(tectrJ e+e~ept :m~~tar as th~nr ~~t~i~K~h~~nti have been met hy ~nmphanc~ uith th~.
pazagraph. Nurtgagee may from Gme ro ume at ~ts opuon w:uvr. ~nd atte~ rn} .u:h wa»er re~nctetr, any ur al! pru~~ti~~nc herrnf r~yutnnw ,urh
depusits, by notice tu ~tortg.~ur ~n wntm~t. W'h:!c ~ny .u:h wan.r i> m eftrct. ~fnrt~:.~~~r .hali paq ta~ec, a»escment~ :ind tmurance premiun» a~
herem el~rwhere provnfed
~t ~,~ 1'. 3-~ ~r ri r-5
~.:';~ ~51 ~~:~f 2~~~ ~ -
1~ 1lstrumec~t riru p~eDa:ed h
RaDert td. ~lc;d of
tcltl Gr.~..., ~-: . ' ~, .:o'rr
IZ.~I. t:.. 2.:: :;::ect
Eort P~tcR F1oci0~