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Home My WebLink About2376 ~~iur/i err,,,;. ~ ~ SOUtheast ~n'(S BALLOON MORTGAGE '~ril~~~ MORTGAGE THIS MORTGAGE. executed this_ 18th day of March fs 80 at Fort Pierce Fl.f)~S1d_ _ by __Bj.chard A_ tkrinak, TructP - ~~r the first part. hereinaher celled the Mortgagor. which term ss used herein in every instance shall include the Mortgagor's hens. executors. administrators. s~~ccessors, legal representatives and assigns. including all subsequent grantees. either voluntary by act of the parties or involuntary by operation of law. and shall denote the singular and/or lural. a the mast li an or f minine and natural and/or artificial persons. whenever and wherever the context so re- q~~res or admits. to>6~b11111~1Wt first ~ationa~ ~an~c o~ Fort Pierce a banking association, of the second part. hereinafter called the Mortgagee. which tr~r~i as used herein in every instance shall include the Mortgagee's successors. legal representatives and assigns. including all subsequen! assignees. either ;~!,~-rotary by act of the parties or involuntary by operation of law. WITNESSETH: THAT for divers good and valuable considerations. and also to secure the payment of the aggregate sum of money named in the promissory note of ~~en date herewith. hereinaher mentioned. together with interest thereon. and all oche! sums of money secured hereby as hereinaher provided- the !~"ortgagor does grant. bargain. sell, alien, remise. release. convey and confirm unto the Mortgagee. in fee simple. A:~ the following land Lot R, LAWNWOOD OFFICE PARK, [!NIT ONE, as per plat thereof recorded in Plat Book 18, Page 11, Public Records of St. Lucie County, Florida. This Deed is given subject to reservations, restrictive covenants, easements of record, applicable governmental regulations, planning and zoning ordinances. It is agreed that the above described property shall be used for the construction and maintenance of a medical office building for the care and treatment .of human beings, and parking facilities incidental thereto, specifically excluding a commdreial laboratory and coltxnercial x-ray; that the building constructed thereon shall be used solely as offices of frantee for a two to three man practice for a period of two years from July 11, 1978 or until at least 85"., of LAWNWOOD MEDICAL CENTER tenant space is subject to occupancy rights, whichever occurs first,-and shall be used solely by dentists and physicians who are members in good standing of the medical staff of LAWNW(10D MEDICAL CENTER and employees of such dentists and physicians, these covenants running with the land and shall be binding until such time as HCA or its subsidiaries cease to operate the acute care hospital near the property descrihed herein. RECEIVED i 3''''~r IN PAYttE?R Of TAItF~ LU: C'! CI:.sS 'C' INTA#6~SLE PFRSOhat. PROPERTY, FUaS~A1tT TO [RAFTER 71•[34. RCTS OF 11171. RCGEit POITRAS at.Rlc aacnlT couaT, sT. tuc1~ ra, ~ 6 All buildings. structures. and improvements of every nature whatsoever now or hereafter situated on the said property. and all furniture. furnishings. •.~s machinery equipment. inventory and materials on site. and personal property of every nature whatsoever now or hereafter owned by the Mort- and located ~n on or used or intended to be used in connection wrth or wrth the operation of said property. bwldings. structures er other improve- • •ti including ail extensions. additions. improvements. betterments. renewals and replarements to any of the foregoing. and all of the right. title and of ;he Mortgagor in any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or similar hen or claim together ?~e benefit of any deposits or payments now or hereafter made by the mortgagor or on its behalf Together wrth all and singular the tenements. heredrtaments. easements and appurtenances thereunto belonging, or in any wise appertaining, and the F-,?s issues. and profits thereat. and also al! the estate. right. title, interest and all claims and demands whatsoever, as well in law as in egwry. of said `,'o•tgagor m and to the same. and every part and parcel thereof. and also specifically but not by way of limitation all gas and electric fixtures. radiators. ~ea'ers. water pumps. air conditioning egwpment. machinery. boilers. ranges. elevators and motors. bath tubs. sinks. water closets. water basins. pipes. `a;:~ets and other plumbing and heating fixtures. mantels. refrigerating plants and ice boxes. window screens. screen doors. venetian btmds. cornices. storm , rers and awnings. which are now or may hereafter certain to or be used wrth, in or on said premises. even though they be detached or detachable. are and De deemed to be fixtures and accessories to the freehold and a part of the realty. ~ TO HAVE AND TO HOtD the same. together with the tenements. hereditaments and appurtenances theretm(o belonging. and the rents. issues and € , •,~~~?s thereof. unto the said Mortgagee. i The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgagor is indefeasibly seized with the absolute and fee simple title to ~ ~a n property. and has full power and lawful authority to sell. convey. transfer and mortgage the same: that n shall be lawful at any time hereafter for the M ~,•tgagee 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 ems encumbrances and claims of any kind. including taxes and assessments. except those that may be set out above or hereinaher:,that the Mortgagor will ate at Mortgagor's expense and at no expense to Mortgagee such other and further assurances to perfect the lee simple title to said land. fixtures and per- ,o•~a property in the Mortgagee as may hereaher be regwred: and that the Mortgagor hereby fully warrants unto the Mortgagee the tide to said propeay and defend the same against the lawful claims and demands of all parsons whomsoever NOW THEREFORE. the conditions of this mortgage are such that if the Mortgagor shall well and truly pay unto the Mortgagee the aebtedness evidenced by that certain promissory note of even date herewith. made by the Mortgagor and payable to the Mortgagee in the ~ : - ~,_~pal sum of FI F~EEN TNOIlSA~tD ANtP NO~I OQ--------------------------- tS 1 ~ ,t10(L, nO 1, the final ayment of which is due on April 20, 1985 .together with any note or notes hereaher executed by the Mortgagor - e~emby and m accordance wrth paragraph sixteen of this mortgage as hereinaher set forth and secured by the hen of this mortgage, together wrth interest as : ^.erein stated. and shall perform, comply with and abide by each and every the stipulations. agreements. conditions and covenants contained and set forth in ; mortgage and in the promissory note secured hereby. then this mortgage and the estate hereby created shall cease and be null and void. ~ AND. the Mortgagor does hereby covenant and agree' ' 1 To perform. comply with and abide by each and every the stipulations, agreements. conditions and covenants contained and set forth in said •:m~ssory note or notes. this mortgage and. rt applicable. the loan agreement between the Mortgagee and Mortgagor. 2 To pay the indebtedness secured by this instrument and according to the true tenor and effect of the promissory note hereinabove mentioned or • any renewal thereof. promptly on the day or days the same severally become due 3 3 To pay, before becoming delinquent. all obligations, encumbrances, taxes. assessments, paving. sidewalk. sanitary and other assessments. levies • ~ ens nuw or hereaher levied or imposed upon or against the mortgaged property. and to exhibit to the Mortgagee before such taxes. assessments. 4•is and encumbrances become delinquent the official receipts for payment thereof. and if the same or any part thereof be not paid before becoming -lP:~nquent the Mortgagee may at any time pay the same with accrued interest and charges. if any. without waiving or affecting Mortgagee's option to ~ 1~~•eciose this mortgage. or any right hereunder, and every payment so made shaft pear interest from the date thereof at the highest rate authorized by law af~d all such payments with interest shall be secured by the hen hereof 1 ; wiTG•17 (11/75) M060-54-015 I ~I'~K327 F~cE2375 QALLOOF: MORTf,AGF - - -.x -.its. - .d .r~~~h