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Home My WebLink About0786 35~~,, b / ti ~ MORTGAGE TNiS MOR'I'GAGE DEED, made and executcd the 27th dsr of J~uBry .!9 7 bY Art Russakis hereinafter caUed the Mortgsgor. which term shaU include the heirs. rcpresentatives. sucassots and assiens of the said Alortaaaor and shall denote the singular and/oc plural, and the mascuGne snd/or feminine and natural and/ot artiticW personswhecererthe ~ -First National Bank of Fort Pierce a federal i context so requires or admiu. to: ~ banking corporation, : he~einafter called the Mortgagee, whkh term shall include the representatives, succeuors and assigns of the said Mortgagee whet- ever the context so requiros or admits. _ WITNFSSETH: That for direrse eood and rslwble cortsidentions, and also in consideration of the a~ge6ate sum named in ? the promiuory note of even date herewith hereinafter described and all future promissory notes which may be secured by this ~ Mort6aae, the said Mortaasor daes hereby gnnt, bargain, seQ. dien. remise. convey and rnnfum unto the said Mortgaeee, its t wccessoa and axsigns, all the land oi which the said Mortaa6or is noM seized and possessed and in actual possession, situate in s the County o[ St. I'uCie and State of Florida. described u foUows: Lots 1 to 12, inclusive, and Lots ].5 to 20, inclt~sive, all in Block 11, REGINA PALMS SUBDIVISION as per plat thereof recorded in Plat Book 4, page 82 of the public records of , St. Lucie Couaty, Florida, EXCEPTING TNEREFROM, the sout 100 feet of Lot 18 and the south 100 feet of Lot 19 of aid Block 11, and further excepting all rights of way for p lic roads, drainage canals and easements for public utilitiea. The total outatandin principal balance remaining on the attached promissory notes is ~24,300.00, and by this mortgage the maker agrees to paq to First National Bank of Fort Pierce the principal and interest, in the following manner: That during the first six months from date hereof. the maker shall pay interest only at 9 1/2~ per annum, payable quarterly. Com~encing on the seventh month from ~ the date hereof, the maker shall pay monthly installments of- principal and interest for twelve (12) consecutive months in the amount of $253.76. On the nineteenth month from the date hereof, the entire remainin balance $hall then be due and payable in a ; BALLOON PAYI~II:'NT of ~23,522.40, together with accrued interest. if j any. ~ ~ w r~r~ a Y~ : ; Paw~wr To au~r~ n-s; ~ f c~c ~ ~ ~ a~TM. - , € :T urr~ ca, N,,~ ~ < ToEether with all and singulu the tenements. hereditamenis. rasements and appurtemnas thercunto belungin6, or in any- ' ri wise appertaining, and the ients, issues, and profits thercof, and also al! the estate, riaht, title, interest and all claims and dertunds } whatsoever, u well in law• as in equity, oC said Mortgagor in and to the same, and every part and Qarcel thercof, and also specif- cally but not by way of limitalion, all gas and electric fixtures, radiators, haters. water pumps, air conditioning equipment, machinery. boilers. ranges, elevators and motors, bath tubs, sinks, w•ater closets, water basins. pipes, faucets. and other plumbing ~ and heating fixtures, mantds, rcfri6enting plants and ice boxes, window screens, screen doon, flo~ covering, carpeting, tik.ard ~ drapery fixturcs. venetian blinds, carnices, storm shutters and awnings, which arc now ot may hereaftet perta~n to be used with, _ in or on said premises, even though they be detachod or detachable, ue and shall be deemed to be fixtures and accessories to the ' freehold and a Qart of the realty; and also such personal ptoperty as may be specifically described above or listed hereattet on ~ attached exhibits. The lien or security interest in and to all sud~ fixtures and accessories is hereby crcated and pedected by this mortpge deed. TO HAYE AND TO HOLD the same, together with all and singular the tenements, hereditaments and apHUriemnces there- unto belonEprq~ or in anywix appertaining and the revenion and reversiuns, remainder and remainden, rcnts, iswes and profits thercof and also all the estate, rip,ht, titk, interest, property. entry, posseuion, claim and dcmand whatsoevet as weU in laws as in oquity of the said Mortgagor in and to the same and every part and pucel thereof unto the said Mortga6ee. and its representatives, successors and assians, in fee simple. ~ And said Mortgagor, for himself, and his heirs, legal rcpresentatives, successors and assigns, hereby convenant: that said Mortgagee, its kgal rcpresentatives, wc«ssors and asxigns rtuy at aU times peaceably and quietty enter upon, hold, occupy and 4 enjoy ssid lud and erery part thereof• that said land is frce from a0 incumbnnas: that said Mortgagor. his heirs, legal repre- ~ sentatives, wccessots and assigns, w~l make such further assunnces to perfect the fee simple titk to said land in said Mortpgee, its legal representatives, succsssors and assigns, as may teasonably be rcquired: and that said Mortgasor does haeby fully wattant ~ the titk to said land and every pan thercof and will defend the same against the lawful claims of all persons whomsoever. - ~ Prorided always,lhe conditiwns uf this mortgaae arc such that if the MortFagor shall well and truly pay unto the Mortgagee ~ the indebtedcess evidenced by that certain promissory note made by the Mortgagor and payabk to the ~ Mortgagre ot which the attached specimen in aords and figurcs is a true copy to-~vit: THIS MORTGAGE DEED IS GIVEN AS ADDITIONAL SECURITY FOR TNE PROMISSORY NOTES ATTACHED HERETO. This instrument prepared by and to be returned to: (State of Florida documentary stamps in the amount rcquired Spencer B. Gilber~. Attorney by law, if any, are affixed to the Original Note and canalled). , ~tle OX Fo=t~Pierce. Florida 33450 t e~ox~ ~ ~ ~ ~ BS 165 R.~..ne ~ I ; , _ - _ - _