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Home My WebLink About0929 ' , . , : . . , ~'~:i..~'~~ j3 . :l,, , ~ MORTGA~E ~EED AND SECURITY AGflEEMENT TilI3 I1i0tiTGAGS DEED (the Htorlgago), dAted aa o[ ~8 19$2, 18._ , by nnd between Ted B. Bass and Mar~ar~t A. Bass, his wifs (hereine~tter cnUed biortgAgor) and SLiII B~}C Of S~C. I.UG18 CAIIriLy , havinb an office at Fort Pieree , Floride (hereinatter cAllect Martgf~gee); ~VI'fNES~F.TH, thAt in conaiderntion ot the premiees and in order to secute the payment of both the pi°~ncipal of, end interest and any other aume payable on tho i~ote (as hercinafter detined) or thia Mortgage and the performanc~ and ob- servnnce of all of the pmviAione hereo[ and at said note~ Mortgagor hereby qrnnt~, eelta, warranla, aliene, remisc~s, releases, O :onveys, aeaigns, transfera, mortgagea and eeta o~•er and contirms unto Mortgagee, all of Morigngor's eatatP, riRht, title and ~ intereat in, M and under all that certnin real property situate in St. L-UC~ County, Floridn more pi~rticularly l~ descrii~ed as tollows: • • n~~' J Lots.ll-snd 12, Block 395, Port St. Lucie Section Six, according to the Plat thereof, as recordecl in Plat L~ook 12, page 36A, of the Public Records of St. ~ Lucie Cotmty, Florida. , Received $,_..11.L_lLU- in Payment Ot T; xnf . Due On Glass "C" Intnngiblc Petsonai rru 1. - Pursuant To Chapter 71, 134, Acts Ot ly~ 1. • ROGER POfTR~S ~ /~y~ ~ Z'1115 1S a second mortgage . Clerk Circult Court, St. Luc+e, Co., Fla. `'1 . , i TI~ETHER WITH a11 improvements now or herea(ter located on snid real property and all tixtures, ap~~liances, apparntus, equipment, heating and uir conditioning equipment, machinery and articlea ot personal property and replucement thereof (other than thc~se owned by leasees o[ suid real property) now or hereafter nttixed to, attached to, pla~-ed upon, or used in any way in connectian witli the complete and comfortable use, occupancy, or operation of said real property, all iicenses and permits used or required in connecfion with the use o( said mAl property, ail leases of ssiid reai property now or hereafter entered into and all right, title and interest ot blortgagor theteunder, including without limitation, cash or securi- . ties deposited thereunder pursuant to spid leases, and all renig, isaues, proceeda, and profits accruing from said real property and together with all proceeds o! ihz c~m~ersion, voluntar•~ o: ::~o:~rf.ar; ot any of the !or::g~anb :ato cash or liquiduled . elaims, including without limitation, proceeds of insurr~nce ansi condemnation awards (the f~regoing said real praperty, tangible and intnngil~le personal pros~erty hereinafter referred to as the 114ortgaged Property). ~sortgngor hereby grnnfs to l~orfgagee a seccrity interest in the foregoing described tnngible and intangible personal property. ~ TO HAVE AND TO HOLD the Mortgaged Propertv, together with nll and singular the tenement~, hereditumen!s and appurten~nces thereunto beionging or in anywise appertai~ing and th~ re~~ersion and reversions thereo[ and all the estate, - right, iitle, interest, homestead, dower and right oi dow~r, separate estate, pcsse~sion, claim and demand whatsoever, as. w•el! in !aw aa in equity, of Mortgagor and unto the snme, ar.d every part thereof, with the appurtenAnces of Mortgagor in and to the same, and every part and parcel thereo! unto Mortgagee. _ 114ortgagor warrants that it has a good and marketable titl~e to an indeteasihle fee estate in the Mottgageci Pro~~erty - cubject to n~ l~en, charg~ or encurr?brance ezcept sueh as Murtgagee has ngreed to ~ccept in writing and Mortgagor covenants i~ that this Mor[gnge is and witl remain a valid and entorceable (irst mortgage on the Mortgaged Property subject only to the 4 exceptions herein providr.i., Iliortgagor has tull power and lawtul authority to mortgage the Morigaged Property in the f manner aiid form herein done or intended hereafter to be done. 1Nortgagor will preserve such title and will forever•warrant ; and detend the same to 1~4ortgagee and will forever wacrant ~nd defend the validity nnd priority of the lien h2reot against i the claims of al! peraons and parties whomsoever. - . Mortgagor will, at the.cost of biortgagor, and without expense to 6iortgagee, do,-execute, acknowledge nnd deliver all k - and e~•erv such further acts, deeds, conveyances, mortgages, assignments, notices oi assignment, transfers and assurances as Mortgagee shall (rnm time to time require in cirder to preserve the priority oi the lien c,t this Mortgage or to-lacilitate the ~ pertormance ot ihe terms hereot. E PROVIDED, HOR'EVER, that it I4lortgagor shall pay to 1~4urtgagee the indebtedness in the principal sum ot ~ 35 a 00~• as evidenced by that certain promissory note (the Note), ot even date herewith, executed by ! Mortgagor and payable to order of I~fortgagee, with interest and upon the terms as pmvided therein, a~i3 logether with ~II ' other sums s~dvanced by 113ortgagee to or on behalf of Mortgagor pursuant to the Note or this Mortgpge, the tinnl maturity ~ date ot the Note and this b4ortg~ge being JlIIle 18 ~ 19g~ , and sh~ll per[orm all other covenants and ~ canditions of the Note, all of the terms of whicn Note are incorporated herein by re[erence as thoubh se! [orth tully here- in, and of any renewal, extension or modification, thereot s~nd of this Mortgage, then this D'fartgage and the estate hereby ~ ~ created shail cease nnd terminate. ~ Afortgagor further convenants and agrees with Mortgagee as [ollows: ~ • E ' 1. Tc• pay all sums, including interest secured hereby when due, as pravided [or in the Note and any rQnewal, eztension i ! or modification thereo! and in this Ivtortgage, aq such sums to be payaL?e in la~vtul money of thz Unitzd States ot America ~ at Mortgagee's aforesai~ principal office, or at such other place as 1liortgdgee mny designata in writinr. ~ 2. To pay when due, an~ without. requiring any notice trom Mortga~ee, all taxes, assessments of any type or nsture and oiher chargex leviA3 ar ~ssessed agai?~st the Mortgaged Property or this Mortgage and prodace receipts there[or upon demand. To immediately pay and dzscharge any cla~m, Iten or encumbrance aga~n3t tbe 1liortgaged Property wh~ch may be or become superior to thfs D4ortgage and to petmit no default or delinquency nn any other lien, enrumbrance ur charge~ against the hiortgaged Property. ~ 3. If required by hiorfgagee, to aiso make inonthly deposits with Mortgagee, in a non-interes! be~ring account, to- gether with and in addir~on to interest and principal, ot a sum equal to one-twelfth of the yearly taxes and asse.csments which may be levied against :he Mortguged Properry, and (if so required) one-tweltth of the yearly premiums [ur ins~rance ~ thereon. The amount of such taxes, assessments and premiums, when unknown~ shali bx estimated by 1liortgagee. Such deposits shall ~e used by Mortgagee to pay snch laxes, asse?ements and ptemiums when due. Any insuf[iciency of such s a ~STA-3'E aF Fl_:~~i(~A'_ . ~ ~ Dt~CUlI~ENTARY <<-~., S.TAM~ TQ~C -t- ~ - DEPT OF' REyE1~liJE s'` . ` ~s ` = ' Z : I~t~'~] c' + ~ ' • 5 5 8Q(~J ! c7 f~I'i~ ~ sc~ - ~ ~ _ .f~M?0'et .ti?• „ ~n : K - - ^ ~IIQ2 - • _ h.,.+~ . _r~ ;s4~ ~ ~ s - - - - - I . - - _