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HomeMy WebLinkAbout1771 ~ `~~t lry~ '~=Southeast Banks MORTGAGE THIS MORTGAGE. executed this_ 14th day of MSICh 19 80 at _ by RAYMOND BERT VAN MEERTE*1 , a single adult of the first part. Mreinaher called tM Mortgsgo?, which term as used herein in every instance shall include tM Mortgagor's Mirs. executors. administrators. successors. legal representatives and assigns. including all wbsequent grantees. either voluntary by act of tM parties or involuntary by operation of law. and snali denote tM singular and/or plural, and tM masculine and/or feminine, end natural and/or artificial persons. wMnsvsr and whsravst tM context so rs- quires or admits. to Southeast FIRST NATIONAL BANR OF FORT PIERCE a banking association. of the second pert. hereinafter called tM Mortgagee. which term as used herein in every instance shall include tM Mortgagee's wccsssors. legal representatives end assigns. including all wbsequent assignees. either voluntary by act of the parties or involuntary by operation of Isw. - WITNESSETH: THAT for divers good and valuable considerations. and also to secure the payment of tM aggregate win of money named in tM promissory note of even date herewith, hereinafter mentioned, together with interest thereon, and all other sums of money secured hereby ss hereinafter provided, the Mortgagor does grant. bargain, sell, alien. remise, release. convey and confirm unto tM Mortgagee. in fee simple. iA1 the following land: The North 20 feet of Lot 6, all of Lot 14 and the South 40 feet of Lot 15, Alock 4, PINEWOOD SUBDIVISION, as per plat thereof, as recorded in Plat ?hook 5, page 24, of the Public Records of St. Lucie County, Florida. ~ _ r a~. _ - _ Rece.va~ 5 rn payment Of Tatte>? Due On Class "C" intarp:ble PeraorteJ Pro~rtK, ~ Pursuant To ChaptK 71. t34, Aq~ Of 171. b~ ~ ROGd1 ~Of1AAf "C) Clerk Chcuit Court, N. t~ttli~ C4r B1 All buildings. structures, and improvements of every nature whatsoever now or hereafter situated on the said property. and all furniture. furnishings. '.xtures. machinery. equpment. inventory and materials on site. and personal property of every nature whatsoever now or hereafter owned by the Mort- .;agor and loeated in. on. or used or intended to be used m connection with or with the operation of said property. buildings. struc*_ures or other improve- r~~ents including all extensions. additions. improvements. betterments. renewals and replacements to any of the foregoing: and all of the right.. title and -,serest of the Mortgagor m any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or similar hen or claim together u, the benefit of any deposits or payments now or hereafter made by the mortgagor or on its behalf Together with all and singular tM tenements. Mreditaments, easements and appurtenances thereunto belonging. or in any wise appertaining. and the rents. issues. and profits thereof. and also all tM estate. right. titb. interest and all claims end demands whatsoever, as well in law as in equity. of said Mortgagor in and to the same. and every part and parcel ihsreof, and also specifically but not by way of limitation all gas and electric fixtures. radiators. Heaters. water pumps, air conditioning equipment. machinery. boilers. ranges. elevators and motors. bath tubs. sinks, water closets. water basins. pipes. faucets. and other plumbing and heating fixtures. mantels. refrigerating plants and ice boxes. window screens. screen doors, venetian blinds. cornices. storm ~ mutters and awrrings. which are now or may hereafter pertain to or be used with, in or on said premises. even though they be detached or detachable. are and mall be deemed to be fixtures and accessories to the freehold and a part of the realty. TO HAVE ANO TO HOLD the same, together with the tenements. Mreditaments and appurtenances thereunto belonging, and the rents. issues and „rofits thereof. unto the said Mortgagee. The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgagor is indefeasibly seized with tM absolute and tee simple title to said property. and has full power and lawful authority to sell, convey, transfer and mortgage tM same: that it shall be lawful at any time hereafter for the Mortgagee to peaceably and quietly enter upon, have. hold and enjoy said property. and every part thereof: that said property is free and discharged from all Dens. encumbrances and claims of any kind. including taxes and assessments. except those that may be set out above or Mreinafter: that the Mortgagor wifl make at Mortgagor's expense and at no expense to Mortgages such other end further assurances to perfect tM fee simple title to said land, fixtures and per- ~ sonzl property in the Mortgagee as may hereafter be required: end that tM Mortgagor hereby fully warrants unto the Mortgagee tM title to said property and .:ail defend the same against the lawful claims end demands of all persons whomsoever. NOW. THEREFORE. the conditions of this mortgage are wch that if tM Mortgagor shall well and truly. pay unto the Mortgagee the Indebtedness evidenced- by that certain promissory note of even date Mrewith, made Dy the Mortgagor and payable to tM Mortgagee in the pr,ncipat sum of SIXTY ONE THOUSAND AND I`]O/100--------------- ft 61, 000.00------- the final t,avment of which is due on .together with any note or notes Mreafter executed by the Mortgagor nereinby and in accordance with paragraph sixteen this mortgage as hereinafter set forth and secured by the lien of this mortgage. together with interest as R Herein stated, and shall perform, comply with and abide by each and every the stipulations. agreements. conditions and covenants contained and set forth in z rh„ mortgage and in the promissory note secured hereby, then this mortgage and the estate Mreby created shall cease and be null and void. j ANO. the Mortgagor does hereby covenant and agree: x t. To perform, comply with and abide by each and every the stipulations. agreements. conditions and covenants contained and set forth in said promissory note w notes. this mortgage and, if applicable. tM loan agreement between the Mortgagee and Mortgagor. r 2. To pay the ir?debtadness secured by this instrument and according to the true tenor and effect of the promissory note Mreinabove mentioned or of any renewal thereof, promptly on the day or days tM same severally become due. 3. To pay. before becoming delinquent. all obligations, encumbrances. taxes. assessments. paving, sidewalk. sanitary and other assessments. levies or liens. now or hereafter levied Or imposed upon Or against tM mortgaged property. and to exhibit to tM Mortgagee before such taxes, assessments. Dens and encumbrances bewn?e delinquent tM official receipts for payment thereof, and if tM same or any part thereof be not paid before becoming delnquent tM Mortgagee may at any time pay tM same with accrued interest and charges, if any, without waning or affecting Mortgagee s option to foreclose this mortgage. or any right hereunder, and every payment so made shall bear interest from tM date thereof at tM highest rate authorized by law and all such payments with interest shall be secured by tM lien hereof. 5•MTG-17 (11/75) M 060.54-O1S ) ~`~K~~~ C~"'~f~7