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HomeMy WebLinkAbout2863 . t p ,o t ~ortgagc ~81~2 THIS MORTGAGE, eucueed ~hi~ 26~ day of February ~ l~ 71 u Miami, Florida _ sr NAT NARRISON ASSOCIATES. a Florida corporation of the fint part, Sereinaftcr talled the Mort~~~or. w6ic6 ter~o a wed herein ia every insaace shsll iatlude t6e Mort;a~or's hein, e:auton. adminis~raton, aucccssors~ IcQal ~ep~acnativp and assiQns, includins all ~ubsequtnt graottes, eithe~ voluntary br act of the partic~ o~ inrolun- c.~ br opera~~oa oE law. and ~ball denae tse wn~ula~ and/o~ plural~ sad tse masculiae aad/or feminine, and a~tur~l and/or artificial per- wna, w6enever ~nd whererer t6t cootest w tequira or adruits, to THfi FIRS1' NATIONAL BANK OF MIAM[. a aatiooal banicing aswnt- cion, of the acood P~rt. hereinafter callcd the MortQaQee. v.sic6 term sa used 6erein in ererr in~ance ~6al1 ioclude cse Mon~see'~ ~uccer : wn. legai representativa and wi~nns, includin~ all ~ubsequtnt a~siences, eitser ~oluaarr by act oE t6e partia or iovoluntary D7 operatioo ~ of (a~. ~ WITNBS3ETH: ~ THAT fur di.rrs g~i and .aluable consideration:, and also to secure the payment of the aggregate sum of money named in th~ prom- ~ issory note of e~•en date hcrcwith, hrreinafter m~ntionrd. together with interest thereon, and all othtr sums of money securcd hereby as herein- ; ~(ter proa•ided, th~ ~lortg.?gor dors Krant, l~arKain, sell, alien, remise. rclease, com•ey and co~firm unto the Mortgasee, in fee simple, the tollowing land: (See Exhibit "A" attached hereto and incorporated herein by reference.) REt~NED IN PAYMENT Of TAxFS DUE ON 'C IIITAMGIBIf PFJI90NAL PROPERiY. PUR31111IiT~G111~P'TEII 20724. IICTS OF 19~1. ~ ROGER PO11PJ1S? Clerlt ~irc~ Court ; es ~er.t bt CANIEI N. KMOMyIES. 1R SL Lucie Cour.t~ Tu ColkdDr ` , r s instrume~t ~ti'as Pr~:~.~red 8y= 0~.~-J sr ~~MES H- SYJEENY. II1 ~f THIS IS A SECOND MORTGAGE. r.'cCA~THY ST~EL HEC7.~~: = ~a~' S ii ~t unat Bani. 6:dg.. t.1.3m:. ~~o: h1a ~ A) All buildings, structura, and imprm•ements o[ e~•~r~ nature whatsoever now or hereaEter situated on the said property, and all fucturts, machin~ry•. equipment and p~rsonal property of ea•~ry• nature whatsoecer now or herea(ter owned by the Mottgagor and located in. on, or used or int~nded to be used in connection with or with the operation o( said property, buildings, struttures or other improvemenu, including .~ll extensions, additions, irtipro~-~m~nts. b~tt~rinents, renewals and replacements to any o( the Ioregoing; and all of the right, title and interest, ; o! the Mortqagor in any such p~rsonal propert~• or fixtures subject to a conditional sala contnct, chauel mottgage or similar lien or claim to¢ether with the benefit o( any d~posiu or payments now or hereafter made by the mortgagor or on its behalt. ti ! I ~ Togethcr ~ith all aad siu~ular t6e tenement~ 6ercditaments, euaneats and appunmaoca tbereunto beloo~n~ or in any wise apper- € ~ainina. and the tects, iuua~ aad profia tbereof. u~d atso all the atate, rig6t. tide~ ~nte~at and all elaims and demands ve6atsoe~er~ a~ well ~ io law a~ in eqaity~ of ~aid Mortgagor in and to tLe wne. ~nd e~er~ pa~t and parccl ehereof, and also spaifically but not by v~ay of limita- ; tioo all ~u and elatric fiuurts, radiawn. beacen, Rater purap~. air conditionins equipraent~ wu6ioery. Saler~ ranges. elevaton and rootors, s bat6 tub, sinks, water elwet~„ water basins. pipa. faucets. and otLer plumbia~ aad 6eatinQ fi:tura, etaatels, rcfrigeraciag planb and ice a bosa. window screens. sereea doors, renetiaa blinds. aoraicea, storm ~6uttm and awninga~ w6ich are now or may 6ereaher pertain to or ~ be uied wit6. in or oa said Qrenisa. e~en thou~6 the~ be detached or detachabte. are and shall be deemed to be fistures and acceswria ~o , ~ tbe free6old and s part of the realtY. # 5 f 3 ~ TO HAVE AND TO HOLD tLe sawe, toQet6er witL t6e tenemcnts, hcreditamenb and appuneoaoca thereunto bebngin~ and t6e ~ reats, issua ~nd profiu tLsreof, unoo the said Mortgagee. ~ T6e uid Mort~a~or 6erebr oo~enwq vrlt6 t6e said Mortga~eee t6at tLe said Mortgagor ia indefeuibly xized ~.•ith tbe alnolute and fee ~ umple title to said propert~. and bu full por.er aad lawful autLoritr b ~dl. aomey. tramfer and mortgage t6e same; t6at it s6a11 be lawful ~ at any tir~e 6ereafter for t6e MortQaga to peueablY and quittly mter upoo, 6ave, 6old and enjoy said propcrty. aad e~ery part tAereof; tbu ~ ~aid prope~ is fra and disc6areed from all licas, encumbranca and clairm of aap kiad~ including ta:es and asxssmean, e:cept t6o~e thu ~ ~ msr be ~et out abo~e or hereinaftcr; that tbe Moctgsgor will mate st Mortga~or~ espen~e and at no e:pense to Mongagee suc6 othcr aad fur- ~ ther a»unnca to perfect t6e fee simple tide to said laod. fizeura sad personal pmperty in t6e Mortgaga a may 6ereafte~ be required; and ~ that tLe Mort~t~or hereby full~ warcaaq unto tbe Mort~a~ee the title to said property aad will defend the ume against the IawEul claims and ~ demand~ of all penom ~+6omsoever. ~ NOW. THEREFQRE, t6e oonditio~ of tbi~ mort aQe arc suc6 t6at if tbe Moctga~or s6a11 Rell and trulr pa~ unto the MortgaQee tbc 's indebtednea cridenced bp that cenain promissory note o~[tfpoldu~t made by c6e Mort~aQor and psYable to the Mongagee in the ° p~;~pa~ ~u of ONE MILLION AND NO/100 DOLI,ARS ~~1,000,000.00__ ~he final ~ ~ payment of which is due on demarid toga6er vsith aar nae or oota hercafar ezecuccd b~• t6e Mortgagor herein by aad io accordance with paragnph si~een of this mongaae ss hereinafter stt forth and stcured by the liea of tsis mortgate~ toQet6er witb interest as t6erein sta~ed, and s6:11 perform, canpiy wit6 and abidt b~ eacL and every t6e stipulations, asreemeots, coaditions aad rn~e- - nann contain~d and set forth in tdis mortgaR~ and in the promiasory aote secured herebp, t~rn t6is rnort~a~e aad tse estate hereby ereated = ~hall ccue and be null and ~oid. AND, tbe Mo~t~t~or doa hereby oovenaot and a~ree: 1. To perform, camplj Kie6 and abide br eacL ~nd e~err the stipulatiom. aereemma, conditions and covenanb oootained and set fortD e = in .a;d promis.on oae or nota, this mort~a~e and, if applicable, t6t ban a`rcemeat betweca the Mongagee and Mort~aa~or. 2. To par tbe iadebtednat secured bY tLi~ ia~trumeot aed ~ccording to the true trnor aod ef(at of t6e promiswry note 6ereinabo~e mentiooed or of aa~ rene~+d theteof, promp~lr a, e6e d.y or dars e6e sune ~e.ersllr bocome due. 3. To pay. btfore btcaning delinqueot~ all obli;stiom„ eocumb~ances, ta:a, u~esunma, ps~in~. udewallc, ~aaiur~ aod otAer aaas- mmt~ le~ia or Gens, no~ or heresftcr le~ied or impo~ed upoo or apiaat tbe mort~a ed pwpertr. and to c~ibit to the Mort~agce before •ue6 ss ca:a, usauncnts, liem and encumbnaca becane delioqueot the otficial raeipa ~or paymeat thereof, and if the same or anr part tDereof be noe paid before becoming delinqueot t6e Mortp~ee m~r at aor tim! pa~ t6t same witd aocrued ioterat aad c6ar~es, ~f sor, witbout wai~- `t ing or affating MortgaQce's optioa to foralwe tsis mort~a~e, or wr riQLt bereunder. and t~ery pa~nent w made ~6a11 bear interat from t6e ~ d~te tbereof ac t6e race of tea pcr ceot (t0'Xs) per ~anum. ~nd ~11 ~ncs parmeoa wieb ioeerat ~6a11 be ~ecured br the lim hcreof. i - 1 ~ s. 7'6at if a conveyance ~hould be made br tbe Morepgor of t6e preraises 6ereio dacribed or anr pan thera~f, Ritbout the wrineo ~ conuot of t6e MortQagec and wit6out umptioo of tbe obligatioo, ernted hereunder, ia «~ular forro of law by t6e gramee of t6e Mortgagor. chen •nd in that e~ent snd ~t the optia~of tLe Mort~a~ee snd witbr~vt nocice to t6e MortJ[a~or, dl ~ums of moncy secured 6erebY ~all im- mediateh ~nd eoncurrtntl~ witA ~uch eon~eyance beeorne due ~ad ps~able aad ia defautt wha6er or oot the ~une are ~o due and pa~able ~nd in default br tbe ~pecifie te~ bereof. ~~Q, . * Ju~y ~o, ~~9, 2857 - ~ i s;.~~ . ~ . _ . ~~:M