Loading...
HomeMy WebLinkAbout0002 ' . 4N22'73 ~ e.. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT =Southeast Banks OR THE BALANCE DUE UPON MATURITY IS $59 , 451,.0 7 MORTGAGE TOGETHER WITH ACCRUED INTEREST, IF ANY,'AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS ~ OF THIS MORTGAGE. ~ THIS MORTGAGE. executed thi• 2nd day er AR,ril 19$Q~.at Fort Pi Pry _ Flo by HOYT C . MJRPHY, INC - . T0~'H C = wt'YVnny ~ veTRTt'Te ~rxmev ~ h i c fie, ~d ALBERTI UWSKIS and AIBF,RT J. SAN04~KIS or the first pert, hereinafter called the Mortgagor, which term as used herein in every instance shell include the Mortgagor's heirs. executors, administrators, successors, legal representatives and assigns, including all subsequent grantees, either voluntary by act of the parties or involuntary by operation of taw. and = shall denote the singular and/or nd line and/or feminine and natural and/or artificial rsons. whenever and wherever the context so re- ~ qurre5 Or admits. co~[1ti»OiM[4C ~~T N~TI~NAL BANK 0~' FORT PIERCE , 300 South Sixth Street ; Fort Piarea Floridgg a banking association. of the secortd part. hereinaher called the Mortgagee. which term as used herein to ivsry tnstanos sft~ll include the Mortgagee's successors. Isgsl representatives and assigns, including all subsequent ssatgnees. either voluntary by act of the parties or involuntary by operation of law. W I T N E 8 8 E T H f THAT for divers good and valuable considerations, and also to secure the payment of the aggregate wm of money named in the promissory note of 3 even date herewith, hereinafter mentioned, together with interest thereon, and all other sums o1 matey secured hereby as hareinaher provided, the Mortgagor does grant, bargain, sell, alien, remise, release, convey end confirm unto the Mortgagee, in fee simple. (A) the following tend: Lot 33, Block 85 , SOUTH PORT ST. LUCIE, UNIT FIVE,_?, - J _ , - ~ L~~ according to the Plat thereof as recorded in Plat ,-a,-~~,_-i;;~,~.. - ~,;,,Y,,.~-~ , ~ t Book 14 , Page 12 , of the Public Records of St . ~ ~ -r. ~ _ v~~: ~ ~ ~ + i Lucie County, Florida. : ,a T _ ~ ~ a, $ 0 ~ f THIS IS A FIRST MORTGAGE. . R~^~!VcA = B.Na IN PAYi~fT Of TAxE: GG_ f:. CL::=S I iw~'£~f PCkSGYa PrZOPERTY, kQ>• fC::S::.lti Tfl ili:t'7''i It-:~~, ACTS Of 1H7f. P._r:? PCITiJIS CL.bX ga;,UrTeJ;i:.T, ST, Lt3:lE 00, Fll~t~ - IB) All Iwildings. structures. and improvements of every nature whatsoever now or hereafter itttfa~ on the said property, and all tumiture. furnishings. fixtures. machinery. egwpment, inventory and materials On site. and personal property of every~na,~iii whatsoever now or hereafter owned by the Mort- gagor and located m. on. a used a intended to be used in connection with or with the operation of said property. tTuildings. structures a other improve- ments. including all extensions. additions, improvements. betterments. renewals and replacements to any of the foregoing; and all of the right. title and ~r,terest of the Mortgagor in any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or similar hen or claim together :^.ttn the benefit of any deposits a payments now or hereafter made by the mortgagor or on its behalf. I Together with all and singular the tenements. hereditamsnts, easements and appurtenances thereunto belonging. a in any wise appertaining. and the rents. issues, and profits thereof, and also all the estate. right. title. interest and all claims and demands whatsoever, as well in law as in equity, of said Mortgagor in and to the same, and every part and parcel thereof, and also specifically but riot 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 } shatters and awnings, which are now Or may hereafter certain to or be used with. in Or on said premises, even though they be detached or detachable. are and ~ ? shall be deemed to be fixtures and eCCessories to the freehold and a part of the realty. 1 i 70 HAVE AND TO HOLD the same, together with the tenements, hereditaments and appurtenances thereunto belonging, and the rents. issues and prof.ts thereof, unto the said Mortgagee. ~ The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgagor is indefeasibly seized with the absolute and fee simple title to said property, and has full power and lawful authority to sell, convey. transfer and mortgage the same: that it shall be lawful at any time hereafter for the i Mortgagee to peaceably and quietly enter upon, have. hold end enjoy said property, and every part thereof: the! said property is hee and discharged-from all ' i~ens, encumbrances and claims of any kind, incliding taxes and asssssmenta. except those that may be set out above or hereinafter; that the Mortgagor will make at Mortgagor's expense and at no expense to Mortgagee such other and further sswrani:es to perfect the fee simple title to said land, fixtures and per- sonal property in the Mortgagee as may hereafter bs required; and that the Mortgagor heretiy fully warrants unto the Mortgagee the title to said property and wail defend the same against the lawful claims end demands of all persons whomsoever. NOW. THEREFORE, the conditions of this mortgage are such that if the Mortgagor shall well and truly pay unto the Mortgagee the ~r.debtedness evidenced by that certain promissory note of even date herewith, made by the Mortgagor and payable to the Mortgagee in the prmcrpal wm of fr3t~tine Thousand Two Hundred Dollars is 59 , 200.00 1, the final ' payment of which is due on ~eDt . 1 1982 ,together with any note or notes hereaher executed by the Mortgagor } hereinby and in accordance with paragraph sixteen Of this mortgage as hereinaher set forth and secured by the lien of this mortgage, together with interest as therein stated. and shall perform, comply with end abide by each and every the stipulations, agreements, conditions and covenants contained and set forth in , this 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 doss hereby covenant and agree: ~ ; 1. To perform, comply with and att9de by each and every the stipulations. agreements. conditions and covenants contained and set forth in said promissory note or notes, this mortgage and, if applicable, the loan agreement between the Mortgagee and Mortgagor. 2. To pay the indebtsdrresa secured by this instrument and ac, g to the true tenor arxf effect of the promissory note hereinabove mentioned or of any renewal thereof, promptly on the day or days the same sev~siac~l~me 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 the mortgaged property, and to exhibit to the Mortgagee before such taxes. assessments. liens aitd~encumbrances become delinquent the official reCSipts for payment thereof, and if the same or any part thereof be not paid before becoming delinquent the Mortgages may at any tins pay ttre same with accrued interest end charges, if any, without waiving or affecting Mortgagee's option to foreclose this mortgage, a arty right hereunder, and every payment so mods shall bear interest from the date thereof at the highest rate authorized by law and all such driyments with interest shell be secured by the lien hereof. sMTCt-i~ Inns) at cease-cis 1 ao~c329 P~~ 2 -