HomeMy WebLinkAbout0329 1020~33
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0.~~„ ~-:erk of C~m:it Ce•;rt
By
To41= D?~o C~}
Mo~t~ and Sscurity Ap~mertt
This Mortgage is made this 12 t h day d .1 A N. 1 q q 0 by and betw~een
MORRIS K SL4NE AND MARGARETA YOItNG AS JOINT TENANTS MITH RIGHTS
OF SURVIVORSHIP
("Mortgagor"), and Barnett Ba~k of ST LUC I E COUNTY ("Mortgagee"),
the address d wh!ch ~s 2421 SOUTH US 1 FORT PIERCE, FL 34982
Wkn~sstth:
WHEREAS. Mortgaga is ~ndebted to Mortgagee in the pnncipal sum d
FIFTEEN THOUSAND AND 0/100
together with interest thereon, as ev~denced by that certain promissory note of even date
~ herew~th, execu!ed by Mortgagor and det~vered to Mortgagee, the fmal payment d wh~ch is due on or before the
~ day of ~AN. 12, 2000
I. (the "Noie"). wh~ch by referer?ce ~s made a part hersof to the same extent as though sei out +n full herein;
~ NOW, THEREFORE to secure the periormance by Mortgagor of a11 cavenanis ar+d cond~tions in the Note and in this Mor-
i tgage and in all other mstruments securing the Note, and in order to charge the properties. interests and rights hereinafter
j descnbed wnth such payment and performance and to secure add~tiona! advances, reneMVals, extensions and maiifications
~ thereof and for and ~n cons~deraUOn d the sum d Ten and nd100 Dollars (S10.00). Mortgagor does hereby mortgage, sell,
~ ptedge and ass+gn ro Mortgagee and. where appl~able grant a secunty interest m:
E
~ Th! MOn~a~ld Prope~ty
~
~ (A) Alt oF the land m the county of ST LUC I E described below:
~ THE IiEST 64 FEET OF THE ERST 631 FEET UF LOT 47, MARAVILLA
~ GARDENS, UNIT ONE, ACCORDING TO THE PLAT THERE~F, AS
RECORDED IN PLAT BOOK 6, PAGE 55, OF THE PUBLIC RECORDS OF
ST LUCIE COUNTY, FLORIDA.
I THIS IS A FIRST MORTGAGE ~TATE ~F FLORIDA ~
~~Z DOCUMENTARY,y $TAMP TAX (
~ DEPT fl+ PEVENII~+` ~
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~ to have and to hold the same, together wnth all the impravements naw or hereafter erected on such property anci ali f~xtures
~ now or her2after attached fhereto, together with each and ev~ery tenements, hereditaments, easernerris, r~ghts, paw~ers, pn~leges,
~mmurnties and appurtenances thereunto belonging ar ~n anywise appertainiru~ and the reversion and reversions, rema~nder
and remainders. and atso all the estate. right. title, interest, homestead, nght oi dower, sQparate estate, property. possess~on
~ and cta~m whatsoever in law as well as in eqwty of Mortgagor of, m and to the same in ev~ery part and parcel thereo! unto
~ Mortgagee ~n fee simple
~ tg) To9ether ~nnth a secur,ty ;nterest ~n all personal property. exclud~ng household goods wh;ch are not purchased w~th the
p~oceeds of the Note, and (~~tures aff+xed to of iocated on the property descnbed ~n paragraph (A).
{C) Togetne! wnth all rents. leases, ~ssues, prd+ts. revenue. ~ncome proceeds an~ other benefds from the property descnbed
~n paragraph (A) hereot to be a~ipl~ed to the mdebtedness secured hereby, prov~ded howcv~er, that permfss,on ~s hereby g~ven
to Mortgagor so long as no detault has occurred hereunder, to coiiect, rece~ve, and use such benef~ts from the property as
they become due and payable, but nat ~n advance thereo!.
(D) All ~nsurance pol~es and proceeds thereof and a!I c;ondemnat~on proceeds. awards, damages, and cla~ms refat~ng
~ to or der~ved from the property descr~bed m paragraphs (A). (B} and (C) hereof.
(E) Everyth~ng referred to ~n paragraphs (A), (B), (C) and (D) hereof and ar~y add~bonal property hereafter acqwred by
~ Mortgagor and sub~ect to the I~en d ttns MoRgage or any part d these properbes ~s here~n referred to as the "MoRgaged Property."
g PROVIDED A~WAYS, that ~f MoRgagor shall pay to Mortgagee the Note at the t~mes and in the manner sUpuiate6 there+n,
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an,~, in aA other ~nstruments secunng the Note, mclud~ng renewals, extens,on or modd~cat~on thereof, and m this Mortgage
and in aIl other ~nstruments secunng the Note. to be kept, performed or observed by Mortgagor, then this Morigage, stia~l
cease and be vad, but sha?I otherw~se rema~n in (ult force and effect.
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