HomeMy WebLinkAbout0932 TH1S 1KS7,i;1: ; ~
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~S~ S. Fedcra! Nigh~.aY
, tn+art. Florida ~,j~
MORTGAGE DEED
TH1S \t0(tTGAGE. execulccl ihis IOth dny June A.l~., l9 ~3 , by.
NENRY SWIllER, JK. and LINDA KIMSEY, his wife ~
hc•reinatfer c.~lic~1 the A1ortR:~~ot, whirh t~rm ahuil in~•lud~~ sinRul:+r ur ~dur.il, i•nr{Nir~liun ur ~n~livi~lu:~l, an~1 ~•ither sex, ~
.ind shall include the heiry, leg.~l representativea, su~•ce,.w~r:~ ;~nd assi~n~ o( th~~ \1urtK:~K~~r, lo ~~D
AMFRICAN BANK OF 1~tART1N COUNTY,
a Stute banking corporation organizecl r~nd existinR under the laws ut Florida wi~h its prini~i~~al pl:rc~• of hu.incav in
~tit~~ttin Countv. Florid~, hereinafter c.~llecl the MurtgaRce, which term ~hall in~•lude the suce~r~u,r~ ~~nd :i+tii~;ns of the
~said I~lortg.?gee.
WITNESSETH THAT. ~VHE:REAS, th~ ~lcxtgu~ur hay rect•ivc~l :i 1n;~n (rum thi~ 11~~rtR;i~;t~e a~•d i: ju.tly indc•ht~ri
to the A1ortRagee, w•hich indebtedne:.~ is herchy a~•knowlt~l~ed and i~ evid~~n~~~Yt by a~•ert:~in pr~imic.cury not~~, a c~op}- of
Hhich has txen m:~rked "E ahibit A" and attacheci heretu an~! the pmvisivn+ x:~ir1 note are hy re(erem•e m:ide a part ot
Ihis inytrument.
NO~ti' TNIS 1tORTGAGF: tt'ITNE:SSETH, thut the ciid It1.~rt~:i~;or tur the brtt~~~ sc~vrin~ of the• sc•veral
sums of monev mentioned in the s:iid not~ doe~ hereby ~;r.~nt, bar~:~in, s<•II. :~fi~•n, remi~r, rc~lE•:4se~, ~•~>mey an~1 confirm
unto the said hlortgagee, in fee simple forever, the followin~ de~e•riM~ci I:~nd, ~~hich ,aid A1ort~;:~Kor is now u~iced and
pos.ses.sed and in actuul ~~a5esaion
situate, lying and being in .st,._ LUCle. {•~,unt?•, St.~te of Flnnd:~. and more ~~articul:~rly de:~•rihecl as tolloHS: ~ ~
.
Lots 39 and 40, Block 147L, PORT ST. LUCIE SECTION YIt~TEEN, according
to the Plat thereof as recorded in Plat Book 13, page 6, of the Yublic
Records of St. Lucie County, Elorida.
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TOGETHEK WITH al! and sinKular thr te~nem<•nts. heriditaments :~nd :~p~~urtenan~ es the•reuntu betonRin~ or in
any wise appertaininR and <ill structures anct improvFments nov~• r?nd hc~n:ifter ~~n ~:~~d 1<ind an{j :ill tixtures attachecl
thereto, together with atl rents, i~5uey ~~nd ~~rofits a~•crufnR from ~aid premi,es and ;ill Q.~s, ;team, elec•tric, water, plumb-
eng, lighting, ventilatinQ, heatinr :~nd c~x~linR syatrrrL., µhich now~ are or may tx• in or on s:ud premises thouQh they
be detached or detach:ible, in.ludinR but not limitecl to all refriRerator~. ~toves, oeen~, ap~>iianc~es :~nc1 .~.~rpet~ and a!1
additions, replacements ard ?ncrease there~f herea(ter acqwred or locateci on th~ sa~d premi,es, and aU attachments
and parts thereof, and any additions, extensions or bclterments of, in or to thf• buildinK; nrna• or hereafter ere:ted on
the said premises.
TO HAVE AND T~ HOL1~ the atx>ve Rrantetl premise4, µith the appurten.~nc~es unt~~ thc~ ~:~i~1 :11ortK.i~ee. in fee
simple forever.
AND the said 11ort~agor hereby rovenants .~nd agrees ~+ith the s:iid \1ort~:+~;t~ as folloHS:
1. That the :liortgaRor is lawfully seizeci of the above describecl premises in fee sim,>le :~nd has Qooc1 riRht to sell and
convey the same to the 1lortgagee; that the said premises are [ree and discharRed of and from all taxes, tax titles or
certificates, judRments, mechanics' liens and enc-umbrances of any nature nr kind wh.itw~ever and that the ~iort~a~o:
wiil fuUy ~+•arrant and defend the same to the 1lortgaQee, .iQainst the laKful ~ l.~ims :~nd demanrts nf .ill persons µ~hom-
soever, and will make su~•h turther a~uranc~es to {~erfect tee simple title to s:iid land, in the ~fortR:~Ree, as may rear~on-
ably be required, and K~ill ~~ay the severa! sums of money agreed in the said note to be p:iid and ,~II inst~~llments of prin-
cipal and interest thereon promptly w~hen due, and according to the true tenor and efTcct of the s:?id note.
2. That the :1lortga~or will pay all and sinRular the taxea, asseasments, levies, and encumbra~ces of every nature on ;
the a}~ve deseribecl property, and uE~on this murteage and note, or the money sec-urecl thereby, hefore delinquency thereof ~
and receipts ev;dencinq payment of said taxc~, asseatiments, levies and encumbrances shaii be de~x,site~l with the :~tort- ~
Ragee on or before !~tarch Ist of each succeedinR year durinQ the term ot this mortRaRe: and if s:~me be not promptty ~
paid whert due, the Ltilortqagee may Iwithout ohligation to do ~1 pay the ~me, or bec•ome purrhaser of any lawful evi- ?
dence thereof, or certificate therefor, without waiving or aflecting any right hereunder and in this mortRaKe, or the said '
note which this mortgage secures: and such payments or expenditures so made shatl bear interest from the daie thereof
at the highest legal rate.
3. T}u~t the :~tortRaRor K•ill keep all real ~nd personal pro~>erty now~ or hereatter encumhercYi hp the lien of t::i;
moriRage insured as may t~ required (rom time to time by the :~1ortR.i~ee a~ainst loss bp firP, windstnrm and other
hazards, casualties and continRencies for such pericxis an~1 (or not les.g than vuch amounts as m.~y be reyuired hy the
btortqagee and to pay promptly when due all premiums for such insurance. The amounis of such insunnc~e required by
the Mort~aRee are expreaqive o! only the minimum amounts for whi~~h said ingurance shall be written :ind it shall be
incumbent upon the MortqaRor to m:iintain such addition.~! insurance as may be ne.es.s~~ry to meet and comply fully w•ith
alt co-insurance requirements contained in ~3id E~olicies to the end thai s:aid A1ortRaRor is not a co•insuror thereunder.
Insurance ahall be written by rompany or companies approved by !he :~tortQaRee and all ~~olicies and renewals thereof
shall ix held by the itortRaRee. Atl detailed desi~nations by the Mor?~aRor which are acceptecl by the titort~~aRee and
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