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Home My WebLink About0998 st-a~,asa ' MORTGAGE DEED '71~941 I'~ June 3 P~":~ :3;' f~L`~::!1; I ~d i'~'AD~NT~:3:~Fi1X'~erthis~.......~.~.s±...... day uf . 19............. BETW N.............~~~..........................._.................._~._....._................... . . , ~ ,I . his wif . . ~ , ~ , --.......P~........................, tceiding a1 .it ~.~w. r..~a~'~.:.u.,a..........---....---............._.....---..... in the C~tJ of xxY~•'{~;x ~ . ~'X Counry o[ .......~.c~.~i.a..._~~LG.I.~ and State of Florida, hereaiter cdlcd the "Mortgtgor", and , c BENEFIC! . F FLORIDA, a corporuion haring an oIT'ice ~nd place of bufinrsa a~ ~O. _7....`~p..:.,._F@dE'T`~l t:1~ . ~~~i~~~ ~ ~,...':....y ~ Fort P erce . ~n lhe Ciry ~f Counh o( ........St ._~.~yC i..t.' and Sute of florida, hereafter called the "Mortg:gce". R'ITNESSETH, that Mortgaaor, in cotuiderAtion o[ a Rerolving Loan made to Mortga6or by Mortgagce, such loan being evidenced bY a Rerolring Loan ~ Agrecment ("Agreement") dated the same date u thu Mortgage, a trut copy of rhkh is attiched hrreto snd nude ~ part hereof by thu referrnce, ind in otder to ^ secuCn Shc paymen~ of the Rerolving Loan Agreement by rhich Mortgagee is obligated to male loans and rdrances to Mortgagor up to the smount of 3~1C~ • hereafter identified a~ the Lir.e o( Credit, and all otl~er sums u prorided herein and to xcure the pertormance of all ~hc agreemcnts and conditiuns contained herein and in the Agrtemenl, by thex preunt~, does grant, Largain, sell and conreY to Mortgagee, its successon and usigns, the foltowing dexribed red properry, herraftcr refecred to u the "Properry", aituate, lying and being in tAr County of ......c`~..t......LUC? @ . and th~ St~te of Florida, to-~+it: Lot l,~, Block "K", 1~L'::~~iVILLA ~::'`Pf.T~.~, ~~cordin~.T to the Plat t~:erecf, as recorded in Pla± Book 8, ?a~e ?i, of th~ ?abiic Records of ~t. Lucie Count.`-, Florida. T:'1. 1., t1 .,_:1~~'~t:J 1'.~~..~Sli:~~~r • RC'jClY°? J!.~'_l^i O ' ~~I D.;._ Pw~....n . . . . , i. ; ~ . C.iCf~ ~it~.ult ~.vUf:, JL Lt:.. 1;0.~ ~5.3. . January 1l, 7? B If this bo: is checked, this Mort~a~e is sub~ect to a Qrior mort a e dated 19......., ~R~ ~T =~IC, :.~,~~4C'r: CCR?. rxrruted br Mortgagors to ' ..............................................................................................•--~-•-•---•----...........---.....----.......C......... a. Nortgagee, ~hkh prior mortgage secures payment of a promi+sory note in the principal amount of f.21.l.~~7.~.a.L~'hat prior mortgage ~u rccorded on January, 1'j ~q_,.,~?Mith the Ckrle of the Circuit Courc of ?hc County of ..._~t.s....LuCle._.....,______,,., Florida in Book No.2t?.~. at pagr ~.~~3 I~lortgagor fully wurants the tide to thc above Properry, and will defend tht ume against the lawful claims of ill persons whomsoerer. In the e~ent the Properry rs sold or othrrxise conveyed without the written consent of the Mortqagee, sueh sale of conveyance at Mortgagce's optiun shall be considered a default under this ~lortgage and the Mortgagee shal) be entided to all remedies provided herein and ar as prurided by law and equiry. Thu Mortgsge is not usumablc nor is the I ~lortgagor's intcrest herein transferabie without the prior ~rritten coasent of the Mortgagre. If Mortgagors volunurily shall sell or convey the Propern~, in rrhole or in pu1, or anr interest in that Properry or by some aet or means disest themselves of title to the Propertv rrithout obtaining the written consent o( Mortgagee, thrn ~ ~lortgaget, at its option, may declarc the entire balanee of the loan plua intorest on the balsntt immcdiately due and payabte. Thit optioa shalt not ipply if (1) the ~ sale of the Propertr is permiued because the purchastr's credihvorthiness is satisfactory to Mortg~gee and (2) that purchutr, prior to the sale, hu eucuted a written assumption agreement containing terms prescribed by Mortgagee including, if rrquired, an incrtase in thc nte o( interest payable under the AgreemenG PROVIDED, HOWF.~'ER, that if 1!turtgag~r shall make all payments reyuired by the Aqrcement, and shal! welt and trutY perform and complr ~rith each and e~ ery corenant of tfie A{tr~ement and of this Mortgagr, then this 3fortgaqe shatl be null and void, othrnise to remain in full force and cf(ec~ Mwtgagor covenants to pay, xhen due, the full amount of each and e~~ery instalmcnt u provided in the Agreemrn4 ~o pay betorc they become d~linquent all encumbrances o~ erery kind upon the Property togethrr rith the indebtedness secured thereby, including anv prior mortgages and deeds of trust; fo pa~~ all ta:es and I assessments levied with re~pect to the Properry, to ~rhomsoerer the same may be assessed, btforc ther become delinquent; n~ither to commit nor to suffer any strip, wastr, impairment or detcrioration of the Proprrty; to keep the build'engs now or hercafter to be ~recied on the Properry (together ~+ith anr personal properir ' included in this Mortgagt) insured against loss or damage br fire and such other hazards, in such amounts and with such carriers u shall be acceptabk to ihe titortgager, and the Mortgagor hPreby waives all right of homestead and etempuons under the Constitution and the LaKS of Florida_ ~ blortgagors herein eapressly covenant and agree to pa~~ and keep current the monthly instalments on any prior mortgaRe and [o prcvent any default thereund~r. j ~lortgagurs further agree that should anr dcfault be made in the payment of an~ instalmcnt of principal or any interest on the prior mortgage, or should any suit be i commenced or oth~r action uken tu forcetose tho prior mortgage, ihen the am~unt secured bv this Mortgage shall become and be due and payable in (ull at anr' time ' thereafter, at the option of the Mortgagee md in accordance .rith the Agreemen~ Mortgagee, at its option, may pay the scheduled monthl~ instalments on the prior ~ mortgage and, to the eitent of the amount so paid, become subrogated to the right, o( Mortgaqee identified on the prior mortgage. All Parments rrude on the prio~ j mortgage by !Nortgagee shall bear interest at the Finance Charge rate being charged ur.der the Agreement until paid in fuli. ~ If any of the (oregoing co~•enants should be breached by Martgagor or upon the death of !Nortgagor, then: (I) t6e Agr~ement and al1 monies h~reby secured at ! the uption of the Mortgagee and w~ithout demand, shall becorrx immediatel} due and payablr, (Zj Mortgagee, at its option, mar pay any such d~linquent sums and in- terest due under provisiorts of the foregoing corenanu and the full amount of such parments shall become part o( th~ Unpaid Balance due under the Agreement and ~hall bear intrrest at the fiaanrr charge rate in e([ert under the Agreemcnt, together with the agr~ed interes4 shall be secured by the Iien of this Mortgage: and, (S) ihG btortgage forth»ith ma~ be fureclosed. ln the ecent of am foreclosure o( this tilortgage, the itortgagor agre~s to par a!1 msts and ezpens~s of foreclosure, in- cluding reasonablr attorner's tees, together with any and all amounts which th~ Mottgag~e sfiall h»e disbursed under provicions o[ this Mortgage and the ~lgree- ment securcd thereby. Mortgagee shall Ge entided to apply to the court for a Recei~~er for the Propertv, ~rithout notict and without rcgard to the ~alue of the Proper- ty or to the sokenn~ of the blortgagor, and all rents, profiu, incomes, i~sucs and re~enu~s of the Property shal~ be applied b~ th~ Receirtr according to ~he lien and equih of this Mortgagr. If there be more than one mortgagor, all sin~{ular words herein r~Cerring !o tht ~lortgaRor shall be read in lhe plural. !1 CUITtiESS Q'HEREOF the MortRagor h~e eiecuted this instrument under seai th~ dar artd r'ear abore wri:ten. `igned, seakd and deli~ered in the presenrr of us: ~ / 7 ~~.J ~~~ZQ ~L~ C4•l _ - ~ ~ / (~2d~~ ~`G~' `~T~ A'itnes~ ?eter ti. ~ordonali t ~ U (Seal) at;,~~ss ~ dra G. 3ordc^.al i < ,1~',~1'~~! i~ ~~~'_'~~~E L/"~~`~-C~= ~ (Sea1) Q itness p CQT~Ett ^~C c Thi; instrument wa; prepared bc:..........! ~.4r1.7.....-~.A..a....F.~.~.~,~u..~....:.k,Y.~.................._........................._. Name Offic~ Address ~TATE OF FLnRiDA ) .ACKNOa'LEDC~tE~T ) : St i11C12 COl'tiTY OF i HEREBY CERTIFY that on this da~, before me~an of(icrr dul~ authorizrd in the $tate and Countr afortsaid tu take ackno~ledgments, personally apptared .....................°e ter....`.~..:.... Bordona I i... and:.. ~.andra.....~.r'..~....~ordona 1 i.a....Y;.i s.._wi f e.........................................................-~-- to me kno,rn to be the p~rsoc~s) described in and Kho eiecuted th~ abore instrument, and _..tht'....... acknorledg~d Aefore me that t...hey..... euruted the same. lL'ITtiESS my hand and officiai seal in thr Counh and Stale last aforesa+d ti~is ......_:_,..2i St day o(.................!J.une LS 19.....~........ . ~ ~ - - . ~7 ~ - : = ~ _ ~ . ~~.~t, ? ~ ~e~ , c_ , 1\4tq~~pblts . - . ~ r, , .f.n . ~ _ ' ~ = . , . • 1' , : - . - . ~ . , , ~ ` . , - . _ , ri . ' + ~ • coa~ssion tcyires _ , . , ~ . _ , _ ,n~~ kC ~ Fl-:~1. 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