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Home My WebLink About0917 , ~33U50'7 ~ ~ THIS MORTGAGE. executed this dsy of .lanuary 19~_at _ by INDIAN RIVER TERMINAL COMPANY. a Florida corporation, porty '~~e f~rst part. hete~naher caUed tAe Mortyeflo?. which term as ussd her~+n in evsry instance shall include the Mortgagor's he~rs. executors. admin~st~ators. -essors, tegal representsaves and sssigns. including all subsequent grantees. eRhe~ voluntary by ect of the part~es or ~nvoluntary by operauon of Iaw and oe~ot4 the sinpuls~ and/or plural. and ths mascul~ne and/or temimne. and nswraf and/or aR+ticial persons. whenever and wharever the context so re- ..-e5 or admus. to FIRST NATIONAL BANK OF FORT P~ERCE a nk~ng assoc~at~on. ot the second part. here~natter called the Mortgagee. wh~ch as used here~n m every mstance shatl inciude the Mortgagee's successors. le$al representat~ves and assigns, includmg all subsequent ass~gnees. e~ther :~cary by act of the pan~as or mvoluntary by operaUa+ ol law. WITNESSETH: THAT fa drvers good and valuable considerstions, and also to secu~e the payment of the aggregate sum of money named m the prom~ssory note ot . e? date herewrth, here~nahe~ mentioned. toget~er wrth interest thereon. and all other sums of money secured he~eby as here~naher prov~ded. the cgago~ does grant, bargain. se1l, aUen, remise, rolease, convey and contirm unto the Mortgagee. ~n fee s~mple. tne rabw~~ ia~,a- ~y~ng and being situate in St. Lucie County, Florida, ond more parficutarly described on Exhibit "A" _ attached hereto and mode a part hereof. STAT E FL ~ ~ ( G ~ , R o o. ~n ~0~'hMw , , nc _u~n E rvT,ar~ Y. s~~, ~w v~:. ~.I I~r~o.iM.a ~ hM 1,' JE' r ~~F 4tEYf hU< / ~l~~ ~ t Ow ~ ~ ~~w ~1~»~fl01~~~ ~ c ~ ~ r~ = JAM1?'7l~~• 9 9 9. 0 0 i ~'~0~~~ ~R{sa ~ ~ - tilf.; ! ~ ` - - ~ ~ cv - ^n - - - STAT~ ~~C Fi....~R~~J' t> ~ S-1"~.TE F~ Jt-=~t~~, 1 l'z OO~~MENiAR1i." STI~M ; 1•~ ' 0~+_UMEN7ARY.:-. SI=..~d~r TI. ~ I ~ ~ ;EPf. [;f'REVEN:tf t_~i'Z~'~ : ' ; c~ -;t:~~. .~F r?EV~NUF ~ . -cry ~ - _ ~ilfl2'ld~~~`~= 9 9 9. 0~ 1 K.`', ~n _ ~.iaMt?'F~~~~f~` V V L - 08. _ i P8. t Q ~ i11P! ~ :111(:i = AIt bwldmgs. structures, and improvements of every nature whatsoever now or hereahe~ situated on the said property, and all furniture. furnishings. -~s machmery. equ~pment. ~nventory and materiats on sne. and personal property of every nature whatscever now o? hereafter owned by the Mort- ,:~r and located m. on. or used or intended to be used ~n cOnnection wrth or w~th the operaUOn ot said prope~ty. bu~ldmgs. structures o? other improve- -•s ~ncl~d~ng att extens~ons. addrt+ons. ~mprovements. bette~ments. renewals and replacements to any of the foregomg. and all ot the nght utle a~d -•~-st of the Mortgagor in any such personal property or fixtures sub~ect to a condiUOnal sales contract. chattel mortgage or sim~lar I~en or cla~m together ~ne b¢nefit of any deposrts or payments now or hereaher made by the mortgagor or on its behalf Tagether nnth alt and singular the tanements. hereditaments, easements and appurtenances thereunto belonging, or in any wise appertaining, and the -cs ~ssues. and profits thereof, and alw all the estate. right, titte. interest and alt claims and demands whaisoever, as well ~n law as m eqwty. of said .-~.gagor in and to ttie same. and every part and parcei thereof, and atso spec~ficatly but not by way o( limitation all gas and electric fixtures. radiators. ~ 3±ers. water pumps, air condit~oning equipment. machinery, boilers, renges. elevata~s and motors. bath tubs, sinics, water closets. water basins. p~pes. --cets. and other plumbf~g and heaung fixtures. manteis. reftigeret~ng plants and ice boxes. window screens. screen doors. veneUan bli~ds. corrnces. storm -;r.~rs and awnings, which are now or may hereaher pertain to or be used with, in or on sa~d premises, even though they be detached or detachable. are and be deemed to be fixtures and accessories to the freehold and a part of the realry. TO HAVE AND TO HOLD the same. together with the tenements. hered~taments and appurtenances thereunto belonging, and the rents. issues and ~~,ts thereof, unto the sa~d Mortgagee. The sa~d Mortgagor hereby cove~ants with the~said Mortgagee that the said Mortgagor is indefeasibly seized with the absolute and fee simpte title to ~~roperty. and has fu11 power and lawiul authonty to sell, convey. transter and mongage the same; that it shall be lawful at any time hereaftef for the -~~gagee to peaceably and quietly enter upon. have, hold and enjoy sa~d property. and every part thereof; that said property is free and discharged from all :•-:s encumbrances and cla~ms of any kind, including taxes and assessments, except those that may be set out above or here~nafter: that the Mortgagor w~ll - a ie at Mortgagor"s expense and at no expense to Mortgagee such other and further assurances to perleCt the fee simple title to seid land. fixtures and per- _ a~ pr~~perty ,n the Mortgagee as may hereafter be required: and that the Mortgagor hereby tully warrants unto the Mortgagee the title to said property and . defend the same agamst the lawful claims and demands of ~II persons whomsoever. NOW. THEREFORE. the cond~tions oi this mortgage are wch that ii the Mortgagor shell well and truly pay u~to the Mortgagee the ; ~~otedness ev~denced by that ce?tain promissory note oi even date herewith, made by the Mortgagor and payable to the Mortgagee ~n the ~,~:aai s~m or One Million Three Hundred Fifty Thousand and no/t00--------- ~a (,350,000.00 me 6nal :;ment of wMch ~s due five years from date , to9e~ne~ with any note or notes hereaher executed by the Mortgagor =re:~Dy and in accordance wrth paragraph s~ateen of th~s mortgage as here~natter set forth and secured by the lien oi this mertgage. together w~th interest as °e•e~n stated. and shall periorm, eomply with and abide by each and every the supulet~ons. agreemerits. conditions and covenarets conta~ned and set torch ~n - s mortgage ar?d m the prom~ssory note secured hereby, then this mortgage and the estate hereby ueated shalt cease a~d be null and vad. ANO. the Mortgagor does hereby covenant and agree: _ 1 To pe~iwm, comply with and abide by eacA and every the stipulat~ons. agreeme~ts, condrtions and covenants contamed and set forth ~n said cm~ssory note or notes. thls mortgage and. ~i applicable, the loan agreement between the Mortgagee and Mortgagor. 2. To pay the ~ndebtedness secured by this ~nstrument e~d actordmg to the true tenor and eNect of the prom~ssory note heremabove ment~oned or ~ any renewal thereoi, promptty on the day or days the same severally become due. 3 To pay. betore becommg dal~nquent. all obligat~ons. encumbrances. taxes. assessments, paving, s~dewalk, sanitary and other assessments, lev~es ~:~ens. now or hereaher lev~ed or ~mposed upon or agamst the mortgaged property. and to exhrbit to ihe Mortgagee betore such taxes, assessments. ~~~s and encumbrances become dehnquent the oKicial rece~pts for psyment thereoi, and ~f the same or any part thereof be not pa~d betore becommg '°~~nquent the Mortgagee may at any time psy the same wrth accrued mterest and charges, ~f any. w~thout wa~ving or aNecting Mortgagee's opUOn to ~-~redose th~s mortgags. o~ any r,ght herounde~. and every payment so made shall bear,nterest from the date tl?ereoi at the h~ghest rate authorued by law ~-d all wch payme~ts wnth interest shall be secured by the Gen hereof. • ?~~s /~/sTIQ1~NC~Yt >-Mrc-n ~iins~ M oco-s4-ois Q(~ n ~ Jl4rres G~ME~/`f~11~!'lANAI'~ ~~s~'e~ 3GUK ~W PAC[ J~~ {~.o Ss•~nRSr~?A~ar~ 9 Ar~r 4ca~ M/ i4N~j i4. ~ 31 ~ / - _ _ _ _ _ .