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Home My WebLink About0984 J~~~V~O~[ AiOR'PGAGE DEED '7;~D~j~ ~ i THIS INDENTURE. madt this ...........2~.......... dar of ....~11g314.t 19,~~....._. BETWEEN .......bl`~u'a...~`~~~`I'1i~~................---......-----• VIOLA WAS$INGTON t.._hld ._w1f e rc:~a~ng at ~A~ C~ry oi ~ . _ ~....P~~1'i....._ Counry of ..?~.`~...LU.Ci~'i................................... and Sute of Florida, hereaher eallcd the "Mortgagar". anJ ; BENEFICIAL l110RTCACE C0. OF FLORIDA, a corporatioa harina aa offite and placc of busineu at ....____..~_Z..O~~ 5..,. ~de~~~....~y)I ~ . in the Ciry ot.. .a.••-~I '~.Cr.~i._......................., County of ...ST, LUCIE ~d State ot Florida, Aereaftu ealled utie "Mortgagee•• ~ WITNESSETH, that Mortgagor, iu eonsidentaa o( a Rerolria~ Loan made to Mort6aaor by Mortgagee, such ban being eridenced b~ a Rerolring Loan ' Agreemeat ("Agreement'~ dated the ume date as this Mortgage, a true coP7 0[ which n atuet~eA hereto and m~de ~ put hereof br this refercnce, and in order to ~ secure the paymeat of thc Revolring Loan Agreement br whieh Mortga~re is obligated to make loan~ and adrances to Mortgagor up to tl~e unoum of I~ y ' f.l.~_f.Q~.Q?q~rcafter identified as t6e t~ae of Credit, and al) other sums u prorided herein and to secure the performanee o( all the ~greemeau a~d conditiom d' I coauincd herein aad in the etmen4 b Pthtetx'.rcunts. ~oeg aat, bagain, sell ~nd~ nre tSo~MortLV~~~ t6e Sute ofFlorida, to-xit: ~ ~ properry, hercafter reEerred tAo u the "Pro r Ps~tuatc, 1 in and bein gm the Coun ot .Y.._....t_....g~t' 1~ succrsson and ass' the fou~~r?n described real i Lot 200, SHERATOI3 PLAZA, UI~IT 3, REPI,~T, according to the Plat thereof, as recorded in Plat Book 16, Page 12, of the Public ` Recorde of St. Lucie County, Florida. ) I b ,bCO " f~eCA1V2C} O~ D•(,[1 . ,"1! Cf TlY°S Du ~ nn , , ~ • ~ - ~Y. Purs.:nt io • _ . - , . :1t l~il. C'erk Circuit Coui:, St. rL;,., , i,o., fia~~ ~Z If this box is chteked, this Murtgage u subject to a prior mortgage dated ~~L ~ 19..? ~ eiecuted by Mortgagon to ..._.a~rQ~:~lu~}...~ '~~SY.l...~t~Y.1.~.._ z as Mottgagee, xFich prior mortgage sccurea paymeni of a promissory note in the piincipal amount of .*~QQ_~.~Qhat prior mortgage wu recorded on .......~~}C.._.~ 19~2., rith tht Clerk ef the Circuit Court of the County oi ,.......$T...__I,IICIE.__............, Flarida in Book No. ..ZQZi page ._I~QS Mortgagor fully Marrants the title to the abore Properry, and xill de[ead the same against the laxtul claims of all peraons ~homsoerer. In the e~ent the Property is sold or otherwise co~.eyed vrithout the rrritten consent of the Mortgaaee, such ule of conrerance at Mortgagee's option ah~) be mnsidered a default under thu Mortgage and tht Mottgagte shall be entided to all rtmedies prorided herein andlor u provided br law and equity. Thia Mortgage is not assumable nor is lhe ~lortgagor's interest hereir. transferable rrithout the prior rrritten consent of thr Mortgagee. Ii Mortgagon roiunurily shafl sell or con~•ey the Propertr, in rhole or in put, or anv interest in that Properry or by some ac~ or means divest themselves o[ tide ro the Properry ~?ithoui obuining the xritten consent of Mortgagee, thcn Mortgagee, at iu option, may declue tbe entire balanct of the loan plus intetest on t6e balanee immediately due and payable. This option shall not appl~ if (1) the safe ot the PropertY ~ permittcd ~ecaux the purchaser's creditrorthiness is satisfactory to Mortgagze and (2) that purchuer, prior to the salq hu etecuted a written assumption agreement containing terms prescribcd by Mortgagre including, if required, an incretae in thc rate of intetest payable undet Lhe Agrcement~ PROVIDED, HOWEYER, thst if Mortgagor shall make all payments required by the Agreement, and shaU well and truly perform and comply ~rith each and every core~ant of the Agreement and of this Mortgage, then this Mortgage sha11 be null and vo~w', othenrise to remain in full Eorce and eEFect. l1lortgagor rnrenanu to pay, r+hen duq the fult amount of each and erery instalment as prorided in the Agreemen~ to par btfore tnsy become delinquent a0 encumbrances of eren kind upon the Property together ~rith the indebtedness secured thereby, inclu~ing any prior mortgages and deeds o[ vust; to pay all taics and assessments levied ~rith respect to the Propertp, to ~rhomsoever the same may be asussed, beforc they becorce deluiquent; neither to commit nor to suffer anq strip, Mute, impairment or deterioration of the Propertr; to teep the buitdings nor or hereafter to be erectrd on 1he Property (together Mi~h any pcrsonal properry iacludrd in thu Mort{~age) insured against loss or damage by Gre and such other huards, in such amounts and ~rith such curiers u shall be sccepuble !o thr Mortgagce; and the biortgagor hereby waives all right of komestead and etemptions under the Constitution and the laws of Florida. ~lortgaqors herein expre~~IJ covenant and ngrer to pay and keep current the monthly instalmenu oo any prior mortgage and to prevent any default thereunder. ~1or~gagors furthrr agree that should any default be made in the payment of any insWment of principal or any interest on the prior mortgage, or should any suit be commenred or other action wken to forcclox the prior mortgage, thtn the amount secured bY this Mortgage shall become and be due and payabk in full at any time thereafter, at the option of the biortgagea and in accordance Nith the AgrcemenG Nortgagee, ai its opiion, mar pa~ the scheduled monthlr instalments on the prior mortgagr and, to thc extrnt of the amount so paid, becc~me subrogated to the rights of Mortgagee ideotiGed on the prior mortgage. All payments made on the prior mortgage by Mortgagre shall bear int~rest at the Finance Charge nte being charged undcr the Agreement until paid in futl. If any of the foregoing co~enants should be breached by Mortgagor or upon the death o( .l~ortgagor, lhen (l) the Agrteme~t and all monies hereby secured at tne option of the Mortgagee anJ ~+ithout dcmand, shall become immcdiately due and payablr, (2) Mortgaget, at its option, may paY any such drlinquent sums and in- terest du~ under provisions of the foregoing covenant; and the full amount of such payments shall become parl o£ the !~npaid Balance due under the Agreemeni a~d ~ha11 bear interest at the finance charge rate in effect ander the Agreement, together ireth the agreed interrs4 shall be secured by the lien of this Aiortgage; and, (3) this 5lortga~e forthwith mar be forecloud. In the event of any foredosute of this Mortgage, the Mortgagor agrees to par all costs and e:penses of foredosur~, in- cluding reasonable atrorney's fees, together w~ith any and al1 amounts which the Mortgagee shall hare disbursed under proriswns of this Murtgage and the Agree- ment secured thereb~_ itortgagee shall be ~ntided to appl~ to the court for a Receir-er for the Properry, without notice and rithout regud to the ~alue of the Proper- n or ro the solvency o( th~ Mortgagor, and all reni, profits, incomes, issues and re~~enues of the PropertY shall be applied by the Receiver according to the lien and equiry of this Mortg~ge. (f [here be morc than one mortgagor, al! singular ror~s herrin refrrring to tht Mortgagor shalt br read in the plural. 1N a'ITNiESS WHEREOF the Mortgagor has ~eucuted this instrument under seal the day and ~ear aboce rrrinen. Signed, sealed and delivered in the presence of us: ~ C~-ji / L A V? ~ ~ ~f 1 ~ ~ I o ~ ~ 1~ t~r~., r c~~~ . wi~n~u . ~?ILLIE Yr`r_SHI.~GTC~~t CVitness l v L~ ~ ~ 'G ~j~j ~ (Sea1) (Seal) L~ a'itneis Thes instrument was prepared br..... Yl:.~L~IS___S~PF:LL,,,,,,,,,,,,,,, 2O S. Federal H F''~. Pierce Fl~rida ---......~.Z Name Office Address STATE OF FLORIDA ? ACKNOQL'LEDCMENT ST'. LUCI~. SS. : co~nTV oe...._..-~ ~ ; 1 HEREBY CERTIFY Ihat on this dat, before mq an officer dul ~ authorized in the Sute and Cuunty doresaid to take acknoxledgments, personally appeared ~ ..1w~.I.LiE...WA,SHI.~~TO:~...:sID...YIQI.~i...~iA~GTDht,_..HIS._.11IFE ' to me kno~n to be ihe person(s} describcd in and who e:~cuted tke`abo~e ii?sttumeut, md ..T..heY..., actnowledged before me thai _.~.he.~... eietuted the same. ; ~ ~ R'IT'V£SS my hand and ofiicial sral in the Countq and S{att 1~~fo?~~q ~6a•h- .._.._..2Q a.r or....BUGII~T........_._....................., t~.~.._...... ~s ~a~ /r' ~ ' ~>y • : f-' ~ • ' s~"y .2+~` • ' Nota~rPublic e , ~ ,yi Nolary Pc;':~, ~t.'e ~t F'~ri at Larqe . , , . , t ~ . , ; _ r'.-.;,;~ . . ~ . ' ii ~ •..S.Q ~~D~v rnmmission ei~A'e~i . G: : . L~r 2u~ 1 ~.S7 ~ ~i,~~ • _ . , . f t`~~~ Bor~ed i hru t~: ~rr~ & Br~~N~, !nC RC ~ fL24. Fd. Nar '84 lt~~~ ~ r~ ~~~x 474 ~~~E _ ~ _ r . _ _