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HomeMy WebLinkAbout2797 io~i~zs , Rec 1ke f DIXON A,:1 l~e~ 3t Lucie Counh? ~ Doc Tas i=~~~ Clatk ai Circu' Coutt ~oe'~'u = 3 By 'lbt.1 i 7 . G Mort~aa~e and Security Ap~ement This Mortgage is made this day ot by and between RnNAt_n a YiN TER~SA 1:~l16-, S~~dSr ("Mortgagor"), and Bamett 8ank of St. bue~e 6e~~~-,-#!4 ("Mortgagee'), the address ot which ~s a~~ ~.£~~8 y~~~,~.o_n~~~,-- Witnesseth: W~c~~~'.S, Mortgagor ~s ~ndebted to Mortgagee in the principal sum oi T4)ENTY FIVE THOUSAND ONE HUND~ED FORTY EIG~T_ l~ND 60/1OU together ~nnth ~nterest t ereon, as ev~dencea r>>r tha certa,n prbm~ssory note of even date herewith. executed by Mortgagor and del~vered to Mortgagee, the final payment of which is due on or beiore the day of FEB. 5, 2000 (the "Note"), wh~ch by reference ~s made a part hereof to the same extent as though set out in fuA herefn; NOW, THEREFORE to secure the performance by Mortgagor of al covenants and conc;itions in the Note and in th~s Mor- tgage and in all other mstruments securing the Note, and in order to charge the propeRies, interesis and rights here~nafter described with such payment and performance and to secure addit~onal advances, renewals, extensions and modtfications thereof and tor and in consideration of the sum of Ten and nd100 Do11ars ($10.00). Mortgagor dces hereby mortgage, sell, pledge and assign to Mortgagee and, where applicable grant a security interest in: The Mort~ed PropenY ~I ' SECOND MORTGAGE ~ (A) All d the land in the county of ST . LUC I E• COUNTY described below: ! LOT 25, BLOCK 292, PORT ST. LUCIE SECTION Tii4,ACCORDING TO i THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 12, PAGES 12A I THROUGH 12D, OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, ` FLORIDA. ~ STATE FLORIDA. ` Lr DOCUMfNTARY~, STAIVIP ; t:'t ; c- DEPT G~ REYENUE;,`~° ;,30~ ~ + ~ = oa = ~~It25'90 ~ r~ v 7. U U ~ ~ , - i ' i ~ to have and to hold the same, together vrnth all the ~mprovements now or hereafter erected on such property and all f~xtures ~ r~v or hereafter aftached thereto. together vhth each and every tene : ti~!~. ~~erec.~itaments. easernents. ri9hts, Powers. Priwleges, immuniUes and appurtenances thereunio belonging or m anywise apperta~rnng a~d the revers~on and reversions, remainder ~ and remainders, and also all the estate, r~ght, t~tl~ mterest, homestead, right o( dow~er, separate estate, property, possession ~ and Gaim whatsoever ~n law as w~ell as ~n eqwty of Mortgagor of, in and to the same in every part and parcel thered unto Mortgagee m fee s~mple. ~ (B) Together w~th a security interest ~n ail personal property, excluding household goods wh~ch are not purchased with the proceeds of the Note, and fixtures affixed to or located on the property descr~bed in paragraph (A). ' (C) Together ~nnth a!t rents, leases. ~ssues, prc~f~ts, revenue, ~ncome proceeds and other benet~ts Iram the property descnbed ! in paragraph !A) hereof to be appl~ed to the ~ndebtedness secured hereby, prov~ded however, that perm~ss,o~ is hereby g~ven to Mortgagor so Iong as no defauft has occurred hereunder, to collect, rece~ve. and use such benef~ts trom the property as ~ they becpme due and payabie, but not in advance thereof. ~ (D) All ~nsurance pol.c~es and proceeds thereof and all conc5emnat~on p;oceeds, awards, damages, and cla~ms relatmg to or derived irom the propeRy described ~n paragraphs (A), (B) and (C) hereof. (E) Everyth~ng referred to ~n paragraphs (A). (B). (C) and (D) hereot and arry add~i~~nal property hereafter acqwred by ~ Mortgagor and sub~ect to the I~en d th~s Mortgage or arry paR d these properties ~s here+n reierred to as the "Mortgaged Property" ~ PROVIDED ALWAYS. that if Mortgagar shall pay to Mortgagee the Note at the t~mes and m the manner st~pulated there~n ~ and m all other ~nstruments secur+ng the Note, inciud~ng renewals, extension or modrfication thereot. and in th~s Mortgage ~ and ~n all other mstruments securf~g the Note, to be kept, periormed or observed by Mortgagor. then this Mortgage, shall € cease and be void, but shaU otherw~se rema~n in full force and effect ~ 2 3~ 5 6 7 B 9 ti~ Pr¢~~ are oOSO~Me t03578 Rer Of,29• (16t~ PA ? r , . : ~ . . ~ . , : ~ . . ~ ~ ' 674 ~ - 80QR f', C~-~~~.~~ ~ ` _ ~