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Home My WebLink About0953 . . ~ , . , . _ . . . ~/.11~~ t ) . ~ I • 1~-S ~ ss~~~x`' 3 MORTOAOE ~@ED AND 8ECURITY AOREEMENT THIS YOR'i'(iAGB DEBD (~M No~). dat~d ~ o! F461~itx Z „ .19 br aed Ost~ Guy R. ltesito, Jr. and Louisa L. Masito, hi,s .vifa ~ y~~,~,~ Sun Bank of St. Lucie Gbua~r ~ .1~ries w oftice ae 111 OraclAe Ave. , Ft.Pierce.FloridA (h~in,t~ei auea lcort~.e): N?IfNESSB77~. tMt i~ comidentioo ot tAe pn~l~a ~od la order W ~ec~ce tM p?rma~t of both tlw prL~cipai of. snd Iater~t aad ~ny. otMr sums pwabb oe tAe note (as I~raiaatte: beMed) or tl~it Yorya~e aod tM pedormanoe aad oDreiva~oe of ~II ot We providoes Aeieof aad ot aid ~ aot0.l~tort~or hsi~by inab. ~a1b. M~rneh. oomsri. aa~at. traetten. mozt~yn aad ~stt wier nd caa8tmt unto Yoct~~ee. a11 of Mort~qot't e~ate, ri~t, tltb and iate~at 10. to aad uader all t6~t art~io ral ptoperty sltwte ia St.IuCie • Coueq?. F1oc~da. mom p~rtia~Lrb descijbed ~t fo~o~n: I~t .31 and 32, &lock 89 0# INDIAN RIVSR BSTATBS, tINIT 9, a Subdivisi,~n ~ according to the Plat thereof, as recorded 3a Plat Book~10, Page 74, of the Public Records o~ St.Lucie County, Florida. ~ THIS IS A SEWND MORTGAGB ~ ~ ~ a ~ga• y~ Received r In Payment Ot Taxe~i ~ Due Qn Gass "C" In!a~,.ihe t'e~s~~a! ?:o;:3rty. ~ Pucsuant T'o Cha;~:er I1, i3~, Acts Oi 1971. . ROGER POiTRAS Clerk Circidt Cou~t, SL Lucie~ Co.. Fla. ~ TOGE7'~iER NRTH aD improremeats now or hereaRer lxated on said real property aad aU Eixtulws, -aPP~. ~PPu'+t~, «1~P~~. furnistin~s. hati~_ a~W air ooaditionu~ e9uiPmea~ m~hindty md uddat of penoaal property aad replacement tLeteot (other than those oMned by -kssees of s~id ral Property) aow or heratter atlized to. attached to, plaoed upoo, or used in any ~ray in ounnect~On MW t6e caapkte and oomfortabk wG oowPancY, or opention of tLa ~aid red PceQeriY. ad ~tceda aad peimits uied ot requiied in eonnecNaa wiW the we of aid ral property. a8 ka~a of said ta! M'oP~tb' no~r or hereatler eatered into and aU ~ht, titie an~ inurest of ltortpsor tlktew~der. iacl~ wiWoat timitati~e, a~h or sxuritias depoated thereundet pnnuant to stid kaset. and as renu. iuues. Pioceeds, and Qiotits accndns fmmsaid n~l property aed toaether writh afl prooeeds of the conv~er~oe, ~nwy or inro~atary of my of the foreaoius iato cash or liquidated daimt, iad~d- ir~ ~vithont limitatioa, prooeeds of insorm~; ud condaauadaa awards (the fo~ojn6 said cal PtopertY: ta~'bk aad iaUn~ibk penonal Prope[ty hereinaftrr referrod to corectivdy a the Mortp~ed PtopertY), Yoct~or l~eceby ~rants to Mortaa6ee a aecurity interat in the fo~oioa dacribed tan~k and intan~ibk pe~sonal proQerty. '1'O HAVE AHD TO HOLD the Yortp~ed PropertY. to~e-~6a w~itU aB and tingular the t~eaaeats.lleeoditamentt aud appurtenanoes theto- - aaw beio~go~ or in aey~ri~e appe~t~ u~ tbe rerenioa and'n~renioos Wec~of aod all the aate. dsht. titk. Mterat. homate+d, do~rer and ri6ht of do~rer. ~eparan estate. p~oa, dann and deaand w~6atsoarer, as wdl ie law ~ ia eqnity, o[ 1[atpsor ~ad unto tbe ~aa~e, aad trery part tUereof. ~vith tbe apparbe~nanoa of Yortp~or is aod to tde ~ aud every part and parod theieof unw Yortp~es. • ~ !~lort~or wracrants tlut Mor~or has a 6ood and marketabk title to an indefw~k fee atate in the ra! propertr com ' 6a~ed Pnopaty subject to no liea, dw~e or d~cumbranoe a~ t:ucb as Yor P~6 ~ Yort- ~ tlas ltortaaee ia and wrill temain a wid ud anforoabk m~ oe tde Yo~r~ to aocept ia ~iritioa aad Mortaasot ooreoaats that oct~e tgaaed PropertY snbject only to the exaptions 6etdu prwrWed. U[ort~or has fnll po~+er and I~w~fal anthority to mortp~e We Yorts~ed Pcoperty ia the mamer and focm hacin done or ~teoded be[eafuc to be doue. Mort~or w~Hl preserre mch titk aad wll fonver wamuat aad defead tl~e ame to Yortaa~ee and ~riY [ocerer rarrant and defa~d t6e ralidity ud priority of the liea bereof spinst tAe cWms of all persons aad putks ~vl~oauoever. i Yort~or ~n7, at tbe oost of Yort~or, and wiWont expense to Yozt~a6ee, do, execute. adcno~rk+dae ud delirer all and e?ery snch [urther i acts. dceds, ooeveyanca. morta~es. au~nmeats, aoticw of auig~mmt~ tiansfen sad attacana: ~s Yortsa~eee shali from Wae to time cequue in ~ order m pr~sezve t6e priority of the liea of this Mort~e or to facWtau d?e pedocmana of the tem~s hercot ~ PROVIDED. HOWEVER, that if I?tortpeot s1iaU pay to Mortaa~ee tbe indebtednes in the Qtiacipal swn o[ ~2~ • 982.46 as eridenced by tbat oertain promissory aote (the Note). of eren date herewith, execnted by Mort~or aad payvbk to otdet of Nort6aeee. w~ith interat aad upon the temu zt provided thetein, and toaether w~ith all otha sums dvanced by ![ortsa~ee to or on behtit of Mortpeor punwnt to tLe AMte or t6is llort~e, the Cmal maturity date of the Note md thu I[ottaa6e bein~ Februarsr 3. 1994 pedorm ail other ooveaants and rnnditioas of the Note, all ot the terms of ~rhic6 Note are ir~corponted hereia by nfereaoe ai thou~h set forth ~ fndy hereie, and of any rcnewal, exoensba or modiRcatio0. dKCeof and of this Mott~s. tlxn this Mortsa,e and the.atate henby ctated ~ll oase and tetminata ! . ~ Dlort~or Cnrther co+~eeanb and aatees wiW Yortpaee as follows: i . ~ ~ 1. Yo pay all sums, jndudia6 inurat caured hereby ~vl~ea due. as pmvided for ia the Nou and aay naeara~ eztertsioo or moditiatioo theroof aod ia this Mortsa,~e. ail wd~ sumt tu be payabk ia lawrful money of the United. Suta of M?etka ~t Yottpeeds doresaid pdncipal oitke, or at anch other plsoe as Mort~~ee auy ~ate in w~riti4os. 3 ~ 2. To pay ~~hrn due. and wntlant requirio~ my aotia from Yortpaee. al! taxes, aae~ma?t: of any type or nature and otber cfiarsa { levied or as~ed ~t tfie Yortaaded pmpectf or thfs Yort~e and prodna reoeipu tbeie[or upoa danaad. To 8nmediatel~r pay and df~- ' char6e any claim, lka a eaambr~oe apinst tae Yar tpaed Propartr qhkh msy be or became aipe~ior to tLb Mort~e and to permit ao default ; or dNiaqoaier on~my other ~en, eac~mbtaooe or char~e ap3o~t tbe Yort~ed Roperty. ` , 3. U requjred bY Matsa~pe,, to abo a~ate moathly depodu ~vitb Yort=a~ee, ie a noo-iatecat ba~ acooon~ to~et6c~ wriW ~ad in addi~ tioa to~intaat aad prfocipv, o[ a aio eqwl to oeatwltt~ ot tbe yprq~ wca aod ~aeameaq whidi may be lerfed ~iost the Yortsa~ed Prop~ uty. aad (if w teq~ed) onatvellt6 of t6e ra~~~ for i~oe tberean. Tba aa~oust ot web tua, asa~men4 a~d pta~m~. Mbea ' uAkno~n. ~ be etWnated by Mot~~ee. Su~i s6ati be wd by llor~a~ee to p~q~ socA t~et, aae~tnenq ~ad p~eminats w6ea dua ~ Anr i~flic~7? of wch acowmt to p~ sod~ cru~ea when d~e shdl be pdd by Yot~or W Yott~ee oa deauad. It. br reuoa oi aey detanlt ~ br Mor~ador ~mder ~ pro~idon of t~ Yort=a~e, Mott~~ee decW et all ~pa iernred ber~br to be dae aad P~yabk, Yortp~ee may t1~n aPWr s as7 ttiads ia said aooooat s~ai~t tbe endre indaDtednea ~eenred bae~r. T6e ee~fonoabiiit~ d the cores+anb relatiu~ to taxeR anatmeab ~od ~ iKOtaeoe pte~iame ~ ot~e~wl~c pto~ided du9 not ba at'fect~d axoept [nofar as thae oblipiian a~~e beea mst br compWooe with thf~ P~*~P~ ~~M~ ~+Ur trom t~ to ti~e at itt aptla~ waire. ~nd a[t~x a~ au~ ~rdra raattab, aq ot dl pro~bfoat betwt tpWtio~ w~A ~ ~u, b~~ p~w~ q~or is writiq. Nhile awY ~i w~irsr i le aQ~cf. Yatppr ~ P~l' awwmaab and iaavanoa pnail~ ~ ~ 1H'S IfiSTRU~IKNT P!~E~' ~ CO 8't ~ Sufi Ban;c Qt ~t. ~ ~~nty e .1. 6Y. ~o~~ooas R.~?. ~ oaeo . 6llQ ~ ~~E ~ . . - {QKT N:ERCE. F_OR1fJA 112 SOU1 H St~ +}'yp STF7E£t