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HomeMy WebLinkAbout2809 10215~3 ~ Rrc Fcs ! DdUdW3 nIXON _ h'ee: .._SL Lucie County pc~~ •„~s S ~lark of ' 't Couit lat 7"ux t _J.~,;~s.:.t~.-- BY ~ ~ Depu Cl~ric Tot~l : Mott~a~~ and Security Aqreem~nt This Mortgage is made this 18S h day d .7 A N. 19 9 0 by end betwpen CURTIS E. HOLMAN AND BERA P. HOLMAN, HIS WIFE Mortgagor"), and Bsmett Bank of S T L lf C I E C U U N T Y ("Mortgagee the add~ess d wh~ch ~s 24Z1 SOUTH US 1 FuRT [~IER~E, FL :s49ts2 11Yitn~ss~th: WHEREAS, Mortgagor ~s indebted to Mortgagee in the principal sum of 56V6N TNOUSAND SIX NUNDRED NINETY ONE AND 76/l0U together with interest thereon, as evidenced by that certain promissory note of even date herew~th, executed by Martgagor and ciet~vered to Mortgagee, the iinai payment ot which is due an or betore the FEB. 4,2000 day of (the "Note"), which by ~eference is made a part hereof to the same extent as though set out in full here+n; NOW, TNEREFORE to secure the pertormarice by Mortgagor d al1 cavenants and conditions in the Note and in this Mor- tgage and in atl other instruments securing the Note, and in order to charge the properties, interests arxi rights hereinafter descnbed with such payment and per(ormance and to secure add+tionat advances, renewals, extensions and modifications thered and for and in consideration d the sum ot Ten and no/100 Dollars (510.00). Mortgagor does hereby mortgage, sell. ptedge and ass~gn to Mortgagee and, where applicable grant a security interest in: ; The Martga~ed Propsrty i ~ (A) All of the land in the c~unty of 5T LUC I E descnbed beian+: E TNE NORTH 75 FEET OF THE SOUTH 375 FEET OE THE WE~T 137 EEET ~ 4F THE SUUTH 546 FEBT 0~ THE NORTH 726 FEET OF THE SE 1/4 uF' ; THE NM 1/4 OF SECTION 8, T041NSHIP 35 SOUTH, RANGE 4~) EAST, ~ BEING IN ST. LUCIE COUNTY, FLORIDA. F THIS IS A FIRST l70RTGAGE ~ ~F FLORl~A E STATE ~'7 ~ DOCUMENIARY~;,'=-.:;,STAMP 1A7., { . DEc' l1? o~YENUE ~fy`` ; ~ = J~11?5'90 1?. ``~y - i I. ~ ~ . n - `2' C.,,3'=s~~ ~----:j ~ r ~ to have and to hoid the same, together wrth all the ~mprovements now or hereafter erected on such property and a!I f,xtures ~ now or hereafter attached thereto, together w~th each and every ter?ements, hered~taments, easements, nghts, powers, priwleges, ~mmunities and appurtenances thereunto beiongsng or in arryw~se appertaining and ihe reversion and reversions, remainder ~ and remainders, and also all the estate, nght, Utle, ~nterest, hcxnestead, right d dawer, s~parate estate, properiy, possess~on ~ and claim whatsoever in law as we!I as in equity of Mortgagor of, in and to the same in every part and parcel thereof unto ~ Mortgagee in fee simple. ~ € (B) Together with a secunty ~nteresi ~n all personai prope~ty, e~lud~ng househdd goods wh~ch are not purchased w~th the proceeds of the Note, and t~xtures affixed to or lacated an the property descr~bed m paragraph (A). _ (C) Together w~,h all rents, leases, ~ssues, prefits, revenue, income proceeds and other bene'~ts from the property descr~bed m paragraph (A) hereof to be appi~ed to the mdebtedness seCUred hereby, provided however, that permission is hereby g~ven io Mortgagor so lang as no defauft has occurred h2reunder, to coi!ect, receive, a~d use such ben2i~ts irom the property as they become due and payab~e, but not in advar~ce thereof. ; (0) All insurance pof~c~es and proceeds thereof and a!{ condemnat~on proceeds, awards, damages, and claims relabng ~ to or derived from the pro~erty desctibed in paragraphs (A), (B) and (Cj heseot. ~ (E) Everyth~r~g re(erred to ~n paragraphs (A). (B}, {C) and (D} hereof and any add~tional property hereafter ~quired by ~ Mortgagor and subject to the l~en d th~s Mortgage or any part d these propert~es is herein ref~red to as the "Mortgaged Property" ~ PROVIDED ALWAYS, that rf Mortga~tor shafl pay to Mortgagee the Note at the t+mes and in the manner stipu!ated there;n. r and m a!~ other instruments secunng b~e Note, includ~ng renewals, extension or modrf~cation thered, and in this Mortgage ~ and m all other ~nstruments secunng the Note, to be icept, performed or observsd by Mortgagor, then this Mortgage, shall ; cease and be vo+d, but sha11 otherwise rema~rs in fuU (orce and ~ffect. i 2 3 a 5 E 7 8 9 t0 ~ Prcnous edioorrs are obsa~ete Q~~~~ ~ 103578 Hsv OGB9' (18tq PA soo~ ~Nc~ ~ , ~ ~.~.~~w~~~~'.~~ ~ . ~ _ ~A