HomeMy WebLinkAbout2756 (:'±__~~M_EP1.Alt` ~ .:~.:y!. ~ ~ 4vV~7VIV
- Pg 1~-~. ~ F O O IORTGAGE DEED
.
THIS MORTGAGE. executed this ..15th . day of lslpril...... A.D., 19. . , by
Fnger A. Zibon and Aim C. Ziton, his wife
hereinafter called the Mortgagor, which term sh:+ll include singular or pluml, cortwrntion or individual, and either sex,
and shall include the heirs, legal representatives, sunessors r+nd :+ssigns of the Mortgagor, /o
AMERICAN BANK OF MARTIN COUNTY,
a State banking corporation organized and existing carder the laws of Florida with its princilxd plain of business in
Martin County. Florida, hereinafter called the Mortgagee, which term shall include the su+Yrsw~rs and :+ssigns of the
said Mortgagee.
WITNESSETH THAT, WHEREAS, the I~iortgagor has received z+ la+n from the Mortgagee and is justly indebted
to the Mortgagee, which indebtedness is hereby acknowledged and is evidenced by a +rrtain promissory note, a copy of
which has been marked "Exhibit A" and attached hereto :end the provisions of said note are by reference made n lmrl of ,
this instrument.
NOW THIS MORTGAGE WITNESSETH, that the s:+id Mortgagor for the better securing of the several
sums of money mentioned in the said note does hereby gr:+nt, bargain, sell, :+lien, remise, release, +ronvey and confirm
unto the said Mortgagee, in tee simple forever, the following described land, of which said Mortg:gor is now seized and
possessed and in actual possession
situate. lying and being in.... ~t~...........('ounty, State o[ Florida, :+nd more particularly described as [ollows: '
Unit 106 in 0(~~ANA 0(~~AN FRO~TP Of~IDCI~VILM II, according to the declaration .
of Condaninitm of Oct~na Ocean Front Cocidaninitm II, recorded in- Official '
record boric 327, page 1684 EI'SDQ. , Public Retards of St. Lucie County,
Florida (ltie "Declaratiai of Condrndnium") , togettler with am undivided share
in the calmnn elements a~pta'tenant to such tni.t and all other appurtenances
to such emit as set forth in the declaration of condactiniulr. _
Received S - ;r. Payment Of TtlI1M ~ - - - it1`P~ ttl+tttr
Dw On Class "c n:eryrpte Personal h~IR, P,ec~w9p Lit hal• i rn '
P~rrttant To cndpiEr 71. 134. Arta Of ~R71. c
ROGER PORRA$ P~~StJdtlf' d ~
Cl~r
CiMk Ckcuk Court. >:t. furls, Ca, FN.
~~R!!~~ ~ allriM ~
' G' L
~G.
TOGETHER WITH all and singular the tenements, heriditaments and appurtenances thereunto belonging or in
any wise appertaining and all structures and improvements now and hereafter on said land 'and all fixtures attached
thereto, together with all rents, issues and profits accruing from said premises and all gas, steam, electric, water, plumb-
ing, lighting, ventilating, heating -and cooling systems, which now are or may be in or on said premises though they
j be detached or detachable, including but.. not limited to all refrigerators, stoves, ovens, appliances and carpets and all
I additions, replacements and increase thereo[ hereafter acquired or located on the said premises, and all attachments
~ and parts thereof, and any additions, extensions or betterments of, in or to the buildings now or hereafter erected on
the said premises_
~ TO HAVE AND TO HOLD the above granted premises, with the appurtenances unto the said Mortgagee, in fee
simple forever.
AND the said l~lortgagor hereby covenants and agrees with the said Mortgagee as follows:
1. That the Mortgagor is law[ully seized o[ the above described premises in tee simple and has good right to sell and
convey the same to the Mortgagee: that the said premises are tree and discharged of and from all taxes, tax titles or
certificates, judgments, mechanics' liens and encumbrances of .any nature or kind whatsoever and that the Mortgagor
will fully warrant and defend the same to the Mortgagee, against the lawful claims and demands of all persons whom-
soever, and will make sack further assurances to perfect fee simple title to said land, in the Mortgagee, :~s may reason-
ably be required, and will f+ay the several sums of money agreed in the n to to be paid and all installments of grin-
cipal and interest thereon promptly when due, and according to the true tenor and effect of the said note.
2. That the Mortgagor will pay all and singular the taxes, assessments, levies, and encumbrances of every nature on -
the above described property, and upon this mortgage and note, or the money secured thgreby, be[ore delinquency there~ot
g and receipts evidencing payment of said taxes, assessments, levies and encumbrances shall be deposited with the >`lort-
gages on or before March 1st of each succeeding year during the term of this mortgage: and if same be not promptly
paid when due, the Mortgagee may (without obligation to do so) pay the same, or become purchaser of any lawful evi-
dence thereof, or certificate therefor, without waiving or affecting any right hereunder :+nd in this mortgage, or the said
note which this mortgage secures: and such payments or expenditures so made shall be:+r interest from the date thereof
at the highest legal rate.
3. That the Mortgagor will keep all real and personal proterty now or hereafter encumbered by the lien of this
I mortgage insured as may be required from lime to time by the Mortgagee against loss by fire, windstorm and other
E hazards, casualties and rnntingencies for such periods and for not lees than such amounts as may be required by the
r Mortgagee and to pay promptly when due all premiums for such insurance. The amounts of such insurance required by
the Mortgagee are a:pressive of only the minimum amounts for which s:+id insurance shall be written and it shall be
incumbent upon the Mortgagor to maintain such additional insurance as may Ire nece~s:+ry to meet and comply fully with
all rn-insurance requirements rnntained in said policies to the end lh:+t said hlortg:+gor is not a rn-insuror thereunder.
Insurance shall be written by a rnml+:+ny or companies approved by the Mortgagee :+nd all tolicies :+nd renewals thereof
shall be held by the Mortgagee. All detailed designations by the Mortgagor which are accepted by the Mortgagee and
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BR~Kt~e7 PdGE