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HomeMy WebLinkAbout2737' ' ' ~O~K 2S PAGE6OU ~""' ST, IUCIE Cl'H1Y. FIA. ~ortgag~ TH18 MORTGAG$ esecuted this 29th day ~ __ SanLary ~ if 62 a Kiami, Florida __ _ bl ~ Ar. D nP1~IENT 1s`FeB~TmN_ a Delaware corpora*ion authorised to _ .~~~act business in the State o Florida of the fiat pan. hereinafter called the Mortgagor, whkb tern d used Herein io eregr iwtance shall include the Mortgagors ban, e:ecuton, administrator, suoeasorr~ keel re raentatira and resigns, Including all subatqueat grantees, dthcr roluntary by net of the es or Iurolnn- tap by operation of law. and shall denote the singular tad/or plurals and the mascvUne and/or femidae. and natural or. artifidal per- sons, wheorrer and wbenrei the oootext so requires or admit, o TH8 FIRST NATIONAL BAN>L OF MIAMI. a nadonal banking corpon- tiog, of the second part, hetdnafter called the Mortpge~ wbkb term as wed herdn is ertrl instance shall include the Mortgagee's suexes- son. legal repcaeatatira nerd assigtn, ittrlndiag alll subsequent asdpttes, dtber roluotary by art of the parties or inroluntap by operation of law, WITNg888TH: THAT for direr flood and valuable coosideratioas, and ales to secure the payment of the aggregate sum of moacy named in the Prom' isaor~ note of Brea due herewith, hetYinaher mentioned. together with interest tbereoo, and all other autw of money secured hereby a 6erdn- sfter provided, the Mortgagor does grant. bargain. sell. alieay remise, ttlease, convey nerd confirm unso the Mortgagee, is fee simple, the land of Hhie6 the Mortgagor is now sd:ed and in actual possession, h the Oaoap of .$t. Iiucie _-_-_~ hate of _ Florida 43; Lot 16 of Block 48; Lots 16 and 24 of PARR, UNIT FIVE, according to the Plat thereof Plat Book 11, at Page 31, of the Public Records unty, Florida; (~ 0 ~, ~ ^ y'a~ "C" rota ~ ~ K ot~fk~ts. diM ;~ ~plir TOj?4' ~~~~ ~ a~~'~ cun~rlt b til. ~ ,~ Together with all and singular the tmemeau, berlditameota, psemena and appurtenances thereuaw bebnging, or in any wise apper- taining, and the rears, issueti and profits thereof, and also all the state. ritbc. titlq interest and all daimu and ddemands wbatsoeser. as well in law as in equity, of said Mortgagor is sad to the same. and ererl part and parcel thereof, and abto speafiealy but not by way of limita- tion all gas and electric fissures, ndiatott~ 6eatery wster pttmPe, dr ooaditiaaing egnipmmt, machined, boiler. ranges, desataa~ ~todoto~ bath tubs, sinb, water dosety water basins, pipe hntxts, and other plumbing and beating fistnra, manceb. t'dhiapberPl bows, window screens. screen doors, rtnetian blinds, eat attnm shutters and awaingr, whkb are now or may pertain to or be used with, in or on said premiss. even though they be d~ aebad ot; detaehabk, are and aball be des veto be ~ the freehold and a part of the realty; and also attch peyaood peeipertl as may be apadfiealy described exhibits. TO HAVE AND TO HOLD the together with the teoaneats, hereditatrseats sad appuneaanoea thsnuoso belonging, and the rears, issues and profit thereof, unto the ns id ~ortgagee. The said Mortgagor hereby oorenaob with the said that the said Mortgagor is indefwible seised with the absolute and fee simple title to said property, and hu fnll power and lawful~fantYo b sell, coarey, transfer and mortgage ebe same; thu it e6a11 be lawful at any time hereafter for the Mortgagee on peaceably and gnietb inter upon, bare. hold and enjoy said property, and creel Parr thereof: that said property is fret and dIschar from all liam, encttmbratttxs and daims of and kind, inducting rasa tai aa~smenta, esapt these that may be set out abuts oc 6erei er; that the Mortgagor will sake at Mortgagors espeote and at no ezpeate to Mortgagee such other and far- ther auuraaca to perfect the fee simple dtle to acid land, fis<nra sad personal property in the Mortgagee a mal berafter be required; and that the Mort~a~r teethe fully warranty ttnso the Mortgagee ebe title to said propettl and will defend the tame against the lawful claims and demands of allpeatoos wbomaoerer. NOW. TIiS,REFORB, the oondittotts of this sortg~e are atreb that if the Mortpgor ahaU wdl and truly pay unto the Mortgagee the indebtedness erideaced by thst certain promissoq aura of erect date herewith. made bl tLe Mortpgor and Pgable to the bfortgagee in the prindpal tom of THIItTY SEVEN T~USl~~ TlNtSE HUNDRED AND NO/100 Dollar 37,300.00 with any note or notes hereafter ezecuted by the Mortgagor 6ere3a b and in aooordaace with paragraph sisteea of thin moctgagejia -e after ter forth and setxted bl the lien of thin mortgage. together wi~ iwerat as therein stated, sal shall perfosrat oomph wlth and abide bl each and eery the atipalatloorr agreements, ooodldoas and oarmanb eootaiaed sad ter forth in this mortgagee aanndd in the pramiswrl Hots ac- cared hereby, then thin taoregage and tbs esRass berabl ennead shall cease and be Dail and road. AND, the Mortgagor does berebl cormaat and agree: 1. To perform, comply with and abide 67 each rod ereq tbs atipulatioaa, agreements. oooditioos and oormaon eootaintd and set forth in said promissod note a Dotes, this mortgage and, if appNcabby the ban agreematt between the Mortgagee and Mortgagor. 2. To pal the indebtedness record bl this iaattaosoR tad aooording m the true tenor rod effect of the pramissod note herdnabore mentioned or of any renewal thereof, promptll ew the dale at data the same aneralll become doe. 3. To Pay, bdore besaoia delinquent. all obBgatioas, eaenmbraatxtti tans. assesaoeab, Paring, sidswalt, saoitad sal other assess- mmta, leria or liens, now or hereafter krill or ltapewd aptao K agalast tM~d property, and to exhibit to the Mortgages befan atreb tacw. assesanenn, liens and ettcnmbraaoes benooe deUagttsat eN afHdal eacdps for ehereef, toll H tbs aaoe ar and part thereof be not paid before delinquent the ~rth~b s test/ at aq doe pay the tarts wlts, aoeroed iotersat tad a if any, whhod wair- dueiherffeof u ~orate~aof 'd ~ ~t~(tl~6j per aoa all~w~pgoenb ~~h/ere~it 1 be teoebred bl the Nm her~iof~ fr°i° the 4. Thu if a ooorelaaee should be made by the 1~ i~ aE the prtaitu herds daeribad or toy part thereif. without the written cuoscnt of the Mortgsgee act! without asanmptbn of the ob created hereunder is regttiar form of law bl the grantee of the Mort~or, then and in that Brent tai at the option of the Mertgagee whhovt notice to the Ifrlort~gor• all some of mangy secured hereby ahaU ia4 msdiatcl!! a~nd eooeorreatU wie6 aneb eonreyaoee ber+rrne dos asd pgable and is dehdt whetter or not the same ars so due and palable tai h tlefanlt 61 tbs apedfie terms bereeof. __~ deren'bed r folbws: