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Home My WebLink About0975 • • ~ ~ . 6~~9~ ~tuk~rc:~c.H: ut~H:U AND SECUw~rv .~c:RF ~,titr:ti~r THISMORT(iAGEUEFUIthellortgagel.datctiiasuf~-~ P'larch 31, _,~q_$3 _,hyandhetHeen Ma~_ F. Wise, Joined b~her s~ouse, William H._ Wise _ Ihereinaftercallc~iMortgagorland Sun Bank of St. Lucie Coun~______ _ ~ - • having an r, ~ offi~~at _ 111 Oranqe Avenue Ft. Pierce, F1. _____________~hereinaftercallc~lMortg:igeel: - - - ~ ~~'I~TNESSf:TH, that in cun~ideratiun uf thc pre~ni~e~ and in ~~rder tu.rrure the pay~rnnt uf tx+th thr pnncipal ~~f . r; and interest ~nd :~ny other tiums payable un the note la~ hereinafter definedl or this Mortg3ge and the perfc~rn~ance and i~h.rn~ance ~?f all ~~f the pn?vi,i~~m hcreuf ~nd of tiaid nute. Mung~gur herchy grant,,,rll.. H~rrant~, ronvey+. a~tiign.. iransfers, mortgages and sets a~~cr and confirms unto Mortgagee, all of Mortgagor's c~tate, right, title and interest in, tc~ ~ and under all ~hat certain r~l property~ situate in St . Luc ie _ ` ('ounty, Flori~fa, more particularly drscribeci s~ foflov?•s: Apartment No. 105, Building VII, of ISLAND HOUSE CONDOMINIUM PH11SE II, according to the Declaration of Condominiun and all exhibits thereto, dated May 13, 1975 and recorded July 10, 1975 in OR Book 214, J pages 1626 through 1700 of the Public Records of St. Lucie County, Florida, together f_. with all of its appurtenences accordinq to said Declaration of Condominium and all exhibits thereto and together with ail ten~nents and hereditaments thereto belonging or in anywise appertaining to said apartment. THIS IS A SEOC~iD MJRTC'~. T(X;t:THE:R WITH all irnpro~•ementti nuw• or hereafter I~xated ~?n s:~id rral pruperty and ali fi~tur~., appl~an- " re~, :~pparatus, eyuipment, furnishings, heating and air cunditioning eyuipment, macMnery anJ articles of pf rsunal - pruprny anJ replarrment ~hereof lother tha~ thu.e uwned by le»ees o( said real propeny 1 n~?a or hereafter aftixeJ to, attarhed t~~, place:l u~m, or used in any w~y in connection with the rompletr andcomfortable utie, ~xcupancy, oropera- tiun of thc ~:~id real pruFx rty, all liren~eti and pemiits u~ed or rcyu~red in connectiim w i~h the uu i~f ~aid real property, all leaus of saiJ real pruperty nuw or hereafter entered into ~nd all right, title and interest of Mortgagor thereunder, in- U~ ch~~ing w ith~?ut Iimitaliun. ra~h ur ~~ruritie~ eleEx»ited thereunder pursu3nt to ~;~id Ic3k~, and :~II rentti, is.tiue~, pn~- reeds, and profitti accruing from ~aid real property and together with all prcxeeds of the com•e~~ion, ~~oluntary• or invo- luntary u( any ~~f the foreguing intu r3~h or liyuidated claimti, including without limitati~m, pnxeedti of in~ur~nre an~ y=-~ condemn:~tion aw ard~ Ithe foreguing said real property, tangible and intangible pers~mal property hereinafter referred tu rullectiveh• a~ the M~?rt •a ~cd Pru rt~~). M~?rt a~ur hereh •~r~nt~ tu Murt ~a ~ee a~ecurit ~ interr,t in the iurr ~uin ~ dr- - ~ k ' F'~ K' ~ > L- b' k ' > ! E~ ticribed tangible :~nd intangible penonal property. - ~ TU FIAVf: AND TU HUI.D thr ~1~?ng~gr~i Prupem•, t~~gether with all ~nd,ingular ~h~ trnr~irnt,. here~it~- ments and sppunenanceti thereunto belonging ur in :~nywi~e :~ppertaining and the revertiion ~nd rever~ions thcre~?( an~ j- ~ all the e,tate. nght. titl~. interest. hi,me~tead. duwer anJ righ~ uf di~W cr, uparate ~,t~te. Exn,e.,i~m. cl~im anJ dem~n~i whattiin~~er, as well in law• as in eyuity, of A1i~rtgagur and unto the .ame, ~nd e~~ery p~rt thereuf, with the appurten~nre~ J' ~ ~~f tilortgaz~~r in and to the ~arne, an~ e~~er~~ part and p:?rrel there~~f un~o ;~lortgagee. ~ Mong~gor warrantti that Mortgegor ha~ ~ g~xxi and rnarkrtshle litle to an ind:.•fea~ihle fee rtitate in thc re~l pn~p- rrt~ r~?mpri,~ng the ~t~irtgaged PruFx rty suh}rrt to no lien, chsrge ur encurnbrancr rxcept `uch a. ~9urtgager h~~ agree~l '4 ~ t~~ a~cept in writing:~nd Mortgagurcovenants th~t thi~ Mortg:~~e i~ ancl aill remain a~•al~d anc! enforceable morigagr on ~ :X ^ the ~1urtg~ged Prope:rt~• ~uhjert ~ml} n, the exreptiun~ herein pn~~ ideJ. ~1~?rt~agur hs, (ull Ex,wer and law tul sulhonty ; tu murtgage the Murtgaged Property in the rnanner ~nd form herein done ur intended here~fter tu be dune. Mortgagor ~ ~ - F w ill pre,rr~r wch htle ~nd w ill furr~er w.~rrant ~nd drfrn~l thr ~ame tu ~1urtga~ee and W ill G~rr~rr w arr~nt anJ ~lrfrnJ ~ ~ the ~•alid?ty :~nd priority oF the lien hcree?f aK~ir~~t the rlaimti of all ~xrti~~ns snd partie~ v?h~~mu?ever. ~ 1 1~U11L'~ ~cir aill. at thr ru.t uf ~1urt ~a ~~?r. anJ wi~huu~ er me t„ i1c~rt ~e ~ec d~,. ~ srcute. arkn~~w 1e~1 ~e en~ ~1r- ~ ~ ~ . . ~ . . ~ li~er ~II and every tiuch further a~tti, deed,, ~ovr}anreti, m~~rtgage.. ati~ignmrntti, n~nice, i~f a~tiignment, tramfen and a a,.urancr. a~ ~t~~rtra~re .h~l! fr~~m time Ume rryuirc ~n ~~rJer tu pre,rnr the pn~~nt~ the lien ~~1 lh~~ 11i~rt~:a~r ur t~~ ~ farilitate the perfom~ance of the ternu hrre~~f. ~ PROVfDED. NOWF.VER, that ii tilort a or Shall a~ to ~1ort a ee the indeb~edneac ~n the rinci al ~um of L~ K P_ B K R P ~ ~ S _ 30, 00~.00 _ase~idencedb~•thatcertainpromiswr} noteltheNote?.ofe~endateherewith,oran~~renewalor r- replacement of such ;~ore. executeci b} ~lortgagor and payable ro arder of ;ltortgagee. a~ith interest and u~n the terms as pro ided therein. and togeth~r w~ith all other sums ad~arced b~ !1lortg,agee to or on behalf of ~tort~agor punuant to the Note or : this ;~lortgage, the finai maturit} date of the Note and thiti 1lortgage as specified in the Note and shall perform all oth~r ~ co~enantsand conditions of the tiote.:~ll of the termti of w hich tioteare incorporated herein b~• reference as though set forth (ul t 1~• herein, and of any renewal. extension or mcxii(`ication. thereof and of this ~tortgage, then thiti ~1oct~~ge and the e,tate hereh~ ; created tihall ce:ise and terminate. ~ ~ ~ ti1~~rtz:~g~~r further c~nen~nt~ an~i agree~ ~sith ~t~~rtka~r~ ati f„II~~H. ; ~ ~ ~ ; ~ I. "To pay all tium~, including intere~t ~ecured hereb} when dur, ati pm~ ~Jed t~~r in the tiiite and am rcnrti~l, . ~ ~ rtrn~i~~n ~~r rni~ilicatiun ~h~reuf an~ in thiti ~leirtgatie. all wrh ~um~ t~~ tk p~~ ahle ~n I:+ti ful rnime~ ~~f thr l'mtr~i Statr~ z~ =~~f r~menca at ~lurtgagee'. ~f~~re~aid pnnripal office, ~~r at .uch uther place ati 1lurtgagee ma~ Je~ignatr in ~+ntin~. "s~~ ? Tu pay ~ hen ~fuc. an~i w ith~~ut reyuiring :~n} nciticr frum ~1„rtg~gee. all taxe.. ~,.r.~ment~ ut an} t} pe ur r - . naturr anJ uther chargeti levied or ati~es~ed against the Mortgaged Pro~xny or thi~. Mungage an~1 pr~xiure rereipt. the~e- ~ - " fvre upem ~lernan~. ~I~ei imn:cdiatel}~ pa}~ and ~isch~rge :~n}~ cl~im. lien ur enrumbr~ncr again.t thr !41urtg~~~ed Pru~xn} ~ Hhich may be or become supenor to this Mcirtgage and tc~ pern~it no default ~~r delinyuenry on any otHer lien, en~um- ~ brance ~~r rharge :~gain~t the Mc+rtraged Pn~perty. ~ ~ 3. If reyuireJ b}~ Mortgagce. tu altio make munthly deFxi~its with ~turtg~gee, in a nun-interr~t he:~nng ~r- r~~unt, tu~ether w ith and in additic+n to interest and pnncip~L ~~f a,um eyual t~? e?ne-twelflh iif thr }r~rl~ taxe~ and tietitimentt which may be levied :~gaintit thr :~1ortgaged Property, and 1 if reyuiredt cme-twelfth ~?f the }early prcmium~ f~~r imurance ~here~m. Thr amuunt i~f ~uch taxeti, a`utisn~enh and premium~, when unknuwn, ~hall he e~Umate~l h} ~ ~tongagee. Such depcnits tihall he used by Mort~agee to pay such taxe~, a~~etisment~ ~nJ premiums when due. A~~ in- Su(ficienc ~if wch acc~~unt tii e~ tiunc ~har c, when due.hatl he aid b~' ti1~~r1 ur tu Muri ~aerc un demand. If. b~ ~ 5" P' . K ' P' € _ . , ~ re~~<m uf ~ny default by Mc~rtg~g~~r under any provirion uf this Mortgage. Mortgagee declare~ all tium~ serured hereh} ~ tu tx ~ue and pa}able, '~1i~n~:agec m~} then ~ppl~ any fund. in ~aid :~ccount akain~t the entire indebtednr~, .erured (tk Y~GE 4 0484 OGO t N 9 8t ~~ii~X ~ • -~-""'~~i+~ - - ' ~ a ` I; r"6;a ~ _ ~`'~~s ,s=:.~~,~.~...3~~g<,.~ . ~~~-r. __~-w„~ ~s=v".~,=`,a:d~~'~