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HomeMy WebLinkAbout1616 ~~N~~O / Ali; ! ,t Prepored lly: ' f%V JUII:` ...~RfSON, ESQ. ' BanaMO. Ga~ls3r. Daniel 6 Bluestein, P.I< P. U. Box 2115 SECOND 9s9 s. Federal Hwy. MORTGAGE DEED Stuart, Florida 33d9~ THIS MORTGAGE, executed this ..31St..... day ot .........D~Ct-lObt'_.X A.D., 19..79., by WILLIAM JOEL ROGERS and ROBIN L. ROGERS, his wife hereinafter called the Mortgagor, which term shall include singular or plural, corporation or individual, and either sex, and shall include the heirs, legal representatives, successor and assigns of the Mortgagor, to AMERICAN SANK OF MARTIN COUNTY. } a State banking corporation organised and existing under the laws of Florida with its princi(xil place of bwiness in ! Martin County, Florida, hereinafter called the Mortgagee, which term shall include the successors and assigns of the said Mortgagee. WITNESSETH THAT, WHEREAS, the Mortgagor has received a lain tram the Mortgagee and is justly indebted to the Mortgagee, which indebtedness is hereby acknowledged and is evidenced by a certain promissory note, a copy of which has been marked "Exhibit A" and attached hereto and the provisions of said note are by re[erence made a part of this instrument. NOW THIS MORTGAGE WITNESSETH, that the said Mortgagor [or the better securing of the several sumo of money mentioned in the said note does hereby grant, bargain, sell, alien, remise, release, convey and confirm unto the said Mortgagee, in fee simple forever, the following described land, of which said Mortgagor is now seized and possessed and in actual possession situate, lying and being in.. SC,..~liC~t'-..........County, State of Florida, and more particularly described as follows: tnr 1q_ Rlnck 498, Port St. Lucie, Section 10. ,e according to the plat thereof on file in ~s'rir Plat Book 12, pages 49, 49 A through 49 G, ,~wp;'e'~ Q Public Records of St. Lucie County, .Florida. ~p~ ~ ~ THIS IS A SECOND MORTGAGE. ~~j~ ~ °j~r o This is a Second Mortgage Note and is inferior only ~r~ ~ to that certain Mortgage recorded in O.R, Book 314 ~ . Pages 52' ,Public Records of ST. Lucie County, Florida and an~efault under said Mortgage s a constitute a default hereunder. _ . _ _ - _ _~~:titr: - ~ TOGE'T'HER WITH all and singular the tenements, heriditaments and appurtenances thereunto belonging or in any wise appertaining and all structures and improvements now and hereafter on said land and all fizturea attached thereto, together with all rents, issues and profits accruing from said premises and all gas, steam, electric, water, plumb- ing, lighting, ventilating, heating and cooling systems, which now are or may be in or on said premises though they be detached or detachable, including but not limited to all refrigerators, stoves, ovens, appliances and carpets and ali additions, replacements and increase thereof hereafter acquired or located on the said premises, and all attachments and parts thereof, and any additions, eztensions or betterments of, in or to the buildings now or hereafter erected on the said premises. TO HAVE AND TO HOLD the above granted premises, with the appurtenances unto the said Mortgagee, in fee simple forever. AND the said Mortgagor hereby covenants and agrees with the said Mortgagee as follows: 1. That the Mortgagor is lawfully seized of the above described premises in fee simple and has good right to sell and convey the same to the Mortgagee; that the said premises are free and discharged of and from all fazes, tax titles or certificates, judgments, mechanics' liens and encumbrances of any nature or kind whatsoever and that the Mortgagor will fully warrant and defend the same to the Mortgagee, against the lawful claims and demands of all persons whom- soever, and will make such [urther assurances to perfect tee simple title to said land, in the Mortgagee, as may reason- ably be required, and will pay the several sums of money agreed in the said note to be paid and all installments of prin- cipal and interest thereon promptly when due, and according to the true tenor and effect of the said note. 2. That the Mortgagor will pay all and singular the fazes, assessmentd, levies, and encumbrances of every nature on ' the above described property, and upon this mortgage and note, or the money secured thereby, before delinquency thereof and receipts evidencing payment of said taxes, asseabments, levies and encumbrances shall be deposited with the Mort- gagee on or before March 1st o[ each succeeding year during the term of this mortgage: and i[ same be not promptly paid when due, the Mortgagee may (without obligation to do so) pay the same, or become purchaser of any lawful evi- dence thereof, or certificate therefor, without waiving or affecting any right hereunder and in this mortgage, or the said note which this mortgage, secures: and such payments or expenditures so made shall bear interest from the date thereof at the highest legal rate. f I 3. That the Mortgagor will keep all real and personal property now or hereafter encumbered by the lien of this ~ mortgage insured as may be required from time to time by the Aortgagee against loss try fire, windstorm and other hazards, casualties and contingencies for such periods and for not less than such amounts as may be required by the Mortgagee and to pay promptly when due all premiums for such insurance. The amounts of such insurance required by the Mortgagee are expressive of only the minimum amounts for which said insurance shall be written and it shall be incumbent upon the .Mortgagor to maintain such additiural insurance as may be necessary to meet and comply fully with all co-insurance requirements rnntained in said policies to the end that acid Mortgagor is not a co-insuror thereunder. Insurance shall be written by a company or companies approved by the Mortgagee and a!{ policies and renewals thereof shall be held by the Mortgagee. All detailed designations by the Mortgagor which are accepted by the Mortgagee and B~~N;?J P~CE~~