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Home My WebLink About2124 • ~ t ' THIS IS A BALLOON MORTGAGE A~1D THE FINAL PAYMENT ~ ~~~tu~i - - OR THE BALANCE DUE UPON MATURITY IS $19,894.19 TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL '+;;;~~~titi ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE MQRTtiAQE - TERMS OF THIS MORTGAGE . 4~~~ - f THIS MORTGAGE, executed thK 2 Ord day O~ _TA71t arv ~ ~g,$Q at Fort LauderdAle Florida by BERNARD POWELL - - 4 t of the first part. hereinafter called the Mortgag«. which firm as used heroin in wary instance shah ireekeda tM Mortgagor's hairs. executors. administrators. success«a, regal feproaereUtivM and assigns, including aN wtesequsrit grot?tees. either voluntary by act d tree parties «imroluntery by operation of law. and shall denote the sirepular and/« and nd/« and natural and/« artificial wMreewr and wMrwer the context so ro- quires«adneits.to8 rat ~at'~`ona~ 88~~ Fort Pierce, ~00 ~S. Sixth Stre@t, Fort P erC@, Fl,Oridi~ . a barekireg as:ociat~n. d the second part' hereinafter called th° Mo+tgsge°' w~ term as a every aesUnee enckrda the Mortgagee's weeessors. legal representrtivss and assigns: iredudireg aY wbesquent assignees. voluntary by act d the parties « involuntary by operation d law. - - WITNESSETH: - THAT for divers good and vatuabN eores%dsratiores, end abo to secure the payment d the aggregate wm of money named in the promissory note of even date Mrewith. hersinahsr mentioned. together with interest thereon. and aN other wms of money ssaered hereby ~ hereinafter provided. the s Mortgsgar doss grant. bargain. aN1. a4sre. remise, release. oonwy end con6rrre unto the Mortgages. in fee simple. lA) the following land: - - - ~ Lots S4 and SS, ALTADENA SUBDIVISION, according to the - _ plat thereof as recorded in Plat Book 4, page 71, of the public records of St. Lucie County, Florida. . THIS IS A PURCHASE MONEY FIRST MORTGAGE. i!E':f1YED = ~ .0'0 M PA~s`R fJF TAXEi - = ,1a.,39'8~ ~'-~~r~~ bU: f?'t C1kSS C 1•dTA.I&'3tE P~tiSCx;-.L PRO!'Eiinr = Y-e: ~ ~ O. O 0 pf; .sL;,Nt To t~av~E : n-~=s. RATS of »n ~ ° - - - f~K awulr coli+n, s~ WQE oa. HH~~ - B) Atl buildings. structures. and irreprovsments d every nature whatsoever raw « hsrsaftar situated on the said property. and aN fumituro. tumisleinegs. fixtures. machinery. equipment. inventory and materials on site. sno personal property of every nature whatsoever neow « he:eafter owned by the Mort- i gzgor and located in, on. « used «interded to be used in connection with « with the operation d said property. buikfiregs. structures or other improve- ; ments. including all extensions. additions. ir~rovements, betterments. renewals and replacements to any of the foregoing: and all of the right. title and interest of the Mortgagor in any such personal property « factures wbjeet to a conditional sales contract. cha!tel mortgage « similar lien «claim together with the benefit of any deposits « payments raw « hereafter made by the mortgagor « on itf bel.alf- Together with all and singular the teresrresnts. hsreditamsnts. easements and appurtensrcces thereunto belonging. « in arty wise appertaining. and the rents. issues. and profits thereof. end also aN ties estate. right, title, interest and aN daims and demands whatsoever, as weN in law as in equity. d said Mortgag« in and to the same. and every part and paroei thereof, end also specifically but rat by way d limitation aU gas and electric factures. radiators. heaters. water pumps. air ooteditionireg equipment. madeiresry. bo:kro. ranges. elevators and motors. bath tuba. sinks. water closets. water basins, pipes. faucets. and other plumbing and heating factures. mantels. rofrigsrodng Plants and its boxes. window stxeens. screen doors. venetian Minds. cornices. storm ` shutters arni awnings. which are now «may hereafter pertain to «bs used with, in «on said promises. even though they be detached «detachable, aro end shall be deemed to be factures and acrrossories to the frosleold and a part d the realty. TO HAVE AND TO HOLD the same. together with the tenements. tssre~tamerets and appurtanancas thereunto belonging. and the mats, issues and profits thereof. unto the said Mortgages. The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgsg« is indefeasibly seized with the absolute and fee simple title to said property. and has full power and lawful authority to ssN, oorwey. transfer end mortgage the same: that it shah be lawful at arty time heresher f« the Mortgagee to peaceably and quietly enter upon, have. hold and enjoy said property. and every pert thereof;-that said property is free and discharged from aH Dens, encumbrances aced claims d arty kind. includitg taxes and assessments. axtxpt those that may be set out above «hereinafter; that the Mortgag« will make at Mortgagor s expense and at no sxps~e to Mortgages such other and further aswronces to perfect the fee simple title to said land. fixtures and per- sona! property in the Mortgagee as may hereafter bs required; and that the Mortgagor hereby fully warrants unto the Mortgages the titb to said property and will defend the same against the lawful claims and demands d all persons vr.`.amsoever. NOW. THEREFORE. the conditions d this mortgage aro wch that if tM Montgag« shall well and mdy pay unto the Mortgagee the ~ndebteriness evidenced by that certain promissory note d even date herewith, made by the Mortgag« and payable to the Mortgagee in the pnncipai wm of Twenty ThoLSand and no/100 I?ollars _ is20, 000.00 the fireat payment of which is due on Febrtl~yT 1 ~ 1981 ,together with any note or notes hereafter executed by the Morcgag« hereinby and in accordance with paragraph sbetesn of this mortgage as harsinaftsr aet faith srd secured by the Isere d this mortgage. together with interest ss therein stated. and shah perform, ca*ePly with and abide by each and every the stipulations. agraemsnts, conditions and covenants contained and set f«th in this mortgage and in the promissory hate secured hereby. then this mortgage ant! ties estst@ hereby created shah cease and be nuN and void. AND. the Mortgagor doss hereby covenant and agree: 1. To pert«m, coinDll? with and abide by each and every the stipulations, agreements, conditions and covenanU naretsined and set forth in said promissory note « notes. this mortgage and. if sppaCable, the ban agreement betvvetn the Mortgages and Mortgsg«.-- 2. To pay the iredebtedresss secured by this instrument and ae•.coMineg to the tnre tenor and effect of the promissory note hersinsbove menti«eed « of any rereewa! thereof, promeptly on the day « days the same severally becarns dus_ 3. To pay. before bscarreing dalirtquent. sN oMigarares, sreeumbroreces. taxes. assessments. paving. sidewaNc. sanitary end other assessments. levies ~ or limns. now « hereafter levied « irr~~rosed upon « against the neortgsgsd property. and to exhibit to dee Mortgages before such taxes. assessments. Dens and•encumbronas bsc«ne dslirequeM the official receipts for payment thereof. and if the same «any part thereof bs rat paid before beoomirtg deliregcrant the MoKgsgse may at any time pay fire same with aocnesd interest ared Nesrgss. if any. without waiving «aHscting.Martgagee's option to forecbae this mortgage. «any nght hsrocrrder. end every payment so made shah bear ireterost from the date thereof at the heghest rate authorized by law and aN Each payments with interp. ahaN bs aecured by the tiara hared- i - - ' s-MTC:.i~ ftins>e M osos4-cis ~ 6[~~,4 PAIiE~i~