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Home My WebLink About1632 . . . " ~ ` ~ _ 3C~~3a.Sf~ ''`t" ~ ~ioii~-c.~c.t:~.: : MORT~AGE DEED ~ ~ ? : ? ~;~Avtcot~Fitu~ncial Sorvicoa of " ___Ho~lywooci~ Floridu Inc. _ ~ ~ 2502 Sou~h ~ ~d~,r~l Hif;humy ~ lASt NA~~E i1RST .i 11~IilAl SPOVSE'S NAf.~[ ~ . KOt~~•if~,R KENt1ETti 0. CAROL A. Fort Pierc~~ , Flurida ' That a~tgagu~uC~eQy g~antx, batgains. assigns, and cunvey~ unto tfurtgagr~, thr iullu~~ing d~icrih~d re~l eil~t~ in the ('uunty ot AL , Slato ut I~lorid~, tu ait: ' , Lots ~nd 5~ Block 167~ La.katrood Purk Subdiviaior~~i~ U~i.t ~/12-A as ~p~r pl~.t , thereof on file in Plat I3ook 11 at pago 35 of the public racords of _Sc~int Lucj.a Countjr~ Florida. ~.34~ ° ~ /S ~ 600.5 d - - . ~ Subject to reserv~tions~ rQ3trictiona~ e~sements and rights-.of-way of r@cord. - ~ ' i AND i UItT}~R SUBJECT to tha~ c:ertai:~ mortgagQ from the grantors to Firs~ Federal _ Savings & I~oan As~oci.ation dated 1/23/73~ recorded 1/2l,~73 in O.R. Boak 210 at fi - pa.;e 1006 in the origina:l princ~pal ~mount of ~19,000.00~ which mortgage arxt the _ ~ • dabt secured thereby ~rantQe~ exprQSSly assume and agree to pay. ~ - z,-. , ~,,r, ; • t>:t G~~;:~.I~ PR[~:~~~:~~:~Y I~O~=~ ~ - ~~t!l. .~l:siL i~~, t~ i _..~..u ll7 T .l ~ . ' 7 ~ - " i j . . ~ ' _ . ~ _ _ - . 1- _ ~ , . ~ , . " - . . . - - ~ " . f c~ c~' M = - - - - - - - - - - - - - ~~L _ ~ Rr~cF-N~°~s ~ ~~.~iy~t~`s ' _ D~ Uh ~0 ~ F4~ 1E t70+ T - - ~ - - _ _ _ _ ~ g~, ~ . - - - - - ,~,~f~ _ - - - # G1~~ ~~p~°~" , . ~ • _ : _ ~ - - ; . . - ~ together with a11 builJings and impro~~~mcnts no~~• or h~reaitrr crcitrd thercon and al! scrcens, shades, storm sash and blinds, and he~ting, tighting, plumbing, ~ ~ gas, ekctrir, r'entilating, rcfrigerating :uid air-ccnditioning eyuipmcnt uxJ in runnection ther~nith, all of a•hich, for the putpose ef this mortgage, s~all lx dermed fi~tures and subjert t~i thc li~n hereof, anJ thc hcreJitam~nts and appurtenances pertaining to the ptoperty abo~•e dcscribtd; aii of ~vhich is tefti,~d to ~ • heminaft..r as thc "prcmisrs" _ - ~ . ~ ~ TO 1{AVl~. r1\p TOJNOLU s~id I~nJ ~nd ~rcmiu.. ~~ith all thc right+, prir~ilcge. and appurtensnces thereto belonging, unto mortgagee and his heirs, executors. ~ ' administrators, suc~rssors and a~~igns. forceer. _ Alattgagor 31so assign~ tu ~furlgag•x ~ll rcots. is,u~~ and prutits of said premi>es, rescrving the right to collcct and ux the same, ~+~ith or ~vithout takine ~ possession of the prrmi.rs, dutin~ ronlinuanrt of J~faull hereunder, and during continuancc of'surh defaull authorizine ~lortgagee tu entcr upon said premises ~ and/or coll~ct -rnd ~nfortr lhe sam< <sithout rcgarJ to a~ryu~r)' of any serurity for the indzbtednisi hereby srcured by any la~rfol means including £ appointment of a receiver in th~ namc of any. parq~ hrrcto, ~nd tu apply the s:?mc Iess costs and expen~s of oprralion and collection, including reasonable ~ attornc~•'s fers. upon an~~ indcbtrdnrss ~rrurcd herehy, in surh ord~r as \tortgag~c ma~• determine. _ ! FOR THE PURPOSE - OP SECURII~G: (i) Performance of each agr~~ment of l~tortgagor contained hzrcin; (2) Payment of the principsl sum of ~ S z5~~.~~ w•ith interest, as provided in accordanc~ u•ith the tetms and provisions of a Premissory \otejLoan Agreement (hereinafter referred to as ~ "Promissory Note") dated ~~~`r~. , maturitY date ~~Of `7~ , and payable to the order of ~{ortg~ee, ~ ~ :a ~•hzch Proqiis:ory ;~ote rzfer_nce is hrreby n:ade; 13) Payment uf any additional advances, not in a principal sum in excest of S 25~e0~ ~sith ~ interest thereon, as may fnreaftzr be loaned by ~lurtgagc~ or the then hotder of his ~tortgage to 1lortgagor, each ard every advan~r to be evidenccd bp the i Promissorg Note of ~iortgagor in thr amount of t}n advan~Y; (4) The payment of any money that may tx. adv3nced by the ~tortgagc~. to \tortgage,* f~r ~ny ; reasore or tc .hird Qarties where the amounts ar~ advanced to protect the ~curity or in arcordance with the cor•enants of this Atorigage. _ i r\il payments made by Aiortgagor on the obligation secured by this ~torteage shall be applicd in the following otder: ~ I7RST: 1'o the payment uf taxes and assessments that may be levied and ass ssed against said premi~s, insurancti premiums, repairs, and all other charges ~ and expenscs agreed to be paid by the ~tortgagot. ~ ~ ~ 3ECO~fD: To the payment of interest due on said loan. - ~ THlRD: To the payr~ent af principa!_- _ ~ ~ TO PRnTL'CT THF. SE:CURITY Hf.RI;OI~, ~tORTGAGOEt CU~`I:~A;~TS _:1`D AGRI.I:S: (1) To kccp said pt~mi+~s incur~J agsir.st Ii;~ :+nd wch other casualties as ihe ~;ottgagee may specify; up to lhe iull ~•alut of all improvem~nts tor th~ protrctiun of ~lottgagre in surh ma~~n:r. in wch amoimt.. and in-such companies as ~tortgagec may from tirne to time appro~e, and to keep the policies thereior, prop~rly endorseJ, on drposit ~.ith ~tortgag~e. and th~t loss ptoceeds (leu expensec cf collection) shall, at lfortgagee'~ option, bz apptied on said indebts:dness. ~~hrthcr duc or not vr to the rc~toration of said improccments. Ir~ event of loss :~tortga~n. n-i11 giv. immediatr 7otice hy mail to the \tortgaeec ~cho may makr pro~f of loss if net made promptly by ~lortgagor, and r~ch insurance cumpan;-' concerned is hercb}~ authorized and Jirectrd to make payment fur surF~ los. JiretU~• to >tortgagee in+trad uf ~ ~loetgagor. (2) To pay all taxes and special as~ceumcnts of any kind that hare becn or may be I~vieS or asse.xJ upon said f~remiscs, or an~• part thereef_ (3) In ~ the event of default by ~tortgagor undet Paragraphs ( or 2 aboce. \turlgagee, at iis option (w•heth~r elzcting to declar~ the ~chol~ inJebtedness secur~d hereby ; due and collectiolc or not), may (a) effect ihe• msurance abo~•e provided for and pay the reasonable premiums and charees thrretor, (b) ps}~ alf said ta~es and ' assessmenis Hithout determining the..sa(idity thereof, and (cj pay such lirns and all such disbursements shall tk dermeJ a part of the indchtrdm~sc ~c~ured bp ~ this ~fortgage ar.d shall bz immediateiy due and payablc by :fortKanor to ~tortgagee. (4) To kecp the buildings ard oth~4 improvements not~• or her~a~trr erected in good condition and repair, not to commit or suffer any.a•aste_or any use of wid premisrs contran• to restriction or recoru or contiary to laWs, ordinances or regulatans of proper pubtic auttwrit}-, and to petmit ~tortgagee ta enter at all « asonable times for the purpose of inspe.ting thc prcmises, not to cemove or demolish any building thereon; to completz_within One Hundred EigMy (1R0) Days or :estorc promptl~~ and in a good and ~corkmanl~ke manner i any building which may tx constructed, darriaged or destroyed thereon and to pay, when due, all claims for labor perfarmed and material furni~hed ther~for. ~ (5) That the time of payment of the indebtc~dness herrby se~:ured, or of any portion thereof, may be extended or =enewed and any portior~s of the premices herein d_scribed may, ~~•ithout notice~ be released from the lien hereof, ~t•ithout celeasing or afCecting the perwnal liability vf any prrson or rorpotation for the ~ payment of said indebtedness or the iien oi' this instrument upon the remainder of said premises for the fuli amount vf said indebtednecs then rcmaining ° unpaid, and no change in the ow-netship of said ptemises shall release, reduce or otherwi.e affect an~• such {krsonai liability on the lien hereby created. (6) ~ Thai h2 is seized of the premises in fce simple and has good and la~cful right to conr•ey Ihe same; and that hr Joes hercby furevet ~arrant and ~rill foce~•er defend the_title ard possession th~reof against lhe lawful claims of any and all pcrsons whatscer•er. - _ - i _ Ol-0475I6-79) FL pQOK239 P~~EiVMIV • - ~ - _ :