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HomeMy WebLinkAbout0039 ,,ttt,,, - ~ ~ - . ,,i, , :Southeast Banks MORTGAGE I THIS MORTGAGE. executed thi day or Apri 1 t9_$~at by KENNETH P. ANGUS and MAUREEN URSULA ANGUS his wife of the first part. hereinahsr called the Mortgagor. which term as used harem in every instance shall include the Mortgagor's heirs, executors. administrators. successors. legal representatives and assigns. including all wbasquent grantees. either voluntary by act of the parties or involuntary by operation of law. and shall denote the siripular and/or plural, and the masculine and/or feminine. end natural and/or artificial persons. whenever and wherever the context so re- quires or admits. to Southeast FIRST NATIONAL AA1~1i[ ~1~ n~ t~TF~!(~~ •-~T DtVllkin~asaaCiatfoR.tiTTir~~second part. hereinafter called the Mortgagee. which term as used herein in every instance shall include the Mortgagee's succeswrs. legal representatives and assigns. including all subsequent assignees. either voluntary by act of the parties or involuntary by operation of law. - • WITNE88ETH: THAT for divers good and valuable considsretions. and also to secure the payment of the aggregate sum of money named in the promissory note of even date herewith, hsrisinaher mentioned. together with interest thereon. and all other sums of money secured hereby as hereinafter provided. the Mortgagor does grant. bargain, sell, alien, remiss, release. convey and confirm unto the Mortgagee. in fee simple. iAl the following land: Lot 9, Block 458, PORT ST. LUCIE SECTION 26, according to the Plat thereof, as recorded in Plat Book 14, pages 4 and 4A through 4C, of the Public Records of St. Lucie County, Florida. - s $rf.00 IN PA:"t~RHT Qf TAB = ~ L; _ _ - _ I r • - 17?.ltii. v.= Pi.f:JJ..AI PROPERTY, t i. ~ _ ' r' - ~ I FL;.'~.,5: Ta ~i::~:_• ll-i:.4. ACTS OF tl71. l~~ _ - J 4:;,~ca POIikAS ~oA c b` J. (!i. CLARK q:•~UtT CuuitT. ST. LUCIE 00.. F1AI~ - s ~ .:y ' - - - IB! All buildings. structures, and improvements of every nature whatsoever now or hereafter situated On the said property. and all furniture. furnishings. fixtures. machinery. equipment. inventory and materials on site, and personal property of every nature whatsoever now or hereaher owned by the Mort- gagor and located in. on, or used or intended to be used in connection with or with the operation of said property. bwldings. structures or ether improve- ments. including all extensions. additions. improvements. betterments. renewals and replacements to any of the foregoing; and all of the right. title and ~nte~est of the Mortgagor in any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or similar lien or claim together v.~th the benefit of any deposits or payments now or he?eaher made by the mortgagor or on its behalf. Together with all and singular the tenements. hereditaments. easements and appurtenances thereunto belonging, Or 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 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 cktsets. water basins. pipes. ~ faucets. and other plumbing and heating factures. mantels. refrigerating plants and ice bones. window screens, screen doors. venetian blinds. cornices. storm shutters and awnings. 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 shall be deemed to be fixtures and accessories to the freehold and a part of the realty. TO HAVE AND TO HOLD the same, together with the tenements. hereditaments and appurtenances thereunto bekxtging. and the rents. issues and profits 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 sa+d 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 Mortgagee to peaceably and quietly enter upon, have. hold and enjoy said property. and every pan thereof: that said property is free and discharged from alt ~+ens. encumbrances and claims of any kind, including taxes and assessments. except those that may be set out above or hereinafter: that the Mortgagor will make at Mortgagor s expense and st no expense to Mortgagee wch other end further assurances to perfect the fee simple title to said land, fixtures and per- sonal property in the Mortgagee as may hereafter be required: and that ttts Mortgagor hereby fatly warrants unto the Mortgagee the title to said property and w+ll defend the same against the lawful claims and 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 indebtedness evidenced by that certain promissory note of even date herewith. made by the Mortgagor and payable to the Mortgagee in the pnnapa) sum of FORTY TWO THOUSF.PID AND no/100--------------- fs,42 , 000.00 ?.~the final payment of which is due on September ; 2 Q00 ,together with any note or notes hereaher executed by the Mortgagor nere+nby 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 t`}erein stated. and shall perform, comply with and abide by each and every the stipulations. agreements, conditions and covenants contained and set forth in th+s 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 end abide by each and every tits stipulations, agreements. conditions and covenants contained and set forth in said Promissory note or notes, this mortgage end, if applicable. the loan agreement between the Mortgages and Mortgagor. 2. To pay the indebtedness secured by this instrument and according to the true tenor and effect of the promissory note hereinsbove mentioned or of any renewal thereof, promptly on the day or days the same sewwlly become due. 3. To pay. before becoming delinquent. all obligations, encumbrances. taxes, assessments, paving, sidewalk. sanitary and other assessments. levies or liens, now or hereaher levied or imposed upon w against the mortgaged property. and to exhibit to the Mortgagee before such razes, assessments, I+ens and encumbrances become delinquent the official receipts for payment thereof, and if the same or any part thereof be not paid before becoming delinquent the Mortgagee may at arty time pay the same with accrued interest and charges. ii any, without waiving or affecting Mortgagee's option to foreclose this mortgage. or any right hereunder, and every payment so made shall bear interest from the clefs thereof at the highest rate authorized by law and all such payments with interest shall be secured by the lien hereof s-MT(3.17t11/75) M060S~-015 1 1iR~/~J P~~C ~y ~OnK 4rV r. 1_ _