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Home My WebLink About1121 y1 ~ili[~ ,,\tr,,, ~~4833 ~ o =Southeast hanks ~~fit\~~ MORT(iA(iE BALLOON MORTGAGE THIS MORTGAGE. executed thi d ~y off, April 19 80 at Fort Pierce Florida by EDGAR C. REGISTER and NELL H. REGISTER. his wife cf the first part. hersinaher called the Mortgagor. which term es used heroin in every in:lance shat) include tM Mortgagor's heirs, executors. administrators. successors, legal representatives end assigns, including all wbssquent grantees. either voluntary by set of the parties or involuntary by operation of Isw. and shall denote the singular and/or plural, and the masculine and/or feminine, and natural and/or artificial persons. wftsnewr and whsrovsr the context so re- quires or admits, to961mi~SslfX FIRST NATIONAL BANK OF FORT PIERCE • banking association, of the second part, hsreinaher celled the Mortgages. which term as used herein in every instance shall include the Mortgagee's successors. legal reprsaentativessnd assigns, including alt wbssqusnt assignees, either voluntary by act of the parties a involuntary by operation of Isw. W I T N E 8 8 E T H: ` THAT for divers good and valuable considerations. and ekco to secure the payment of the aggregate wm of money named in the promissory note of even date herewith, ~tsroinahsr mentioned. together with interest thereon.-and all other sums of money secured hereby as hsrsinaher provided. the Aortgagor does grant. bargain, sell, alien, romiss. rolease, cortvsy and confirm unto the Mortgagee. in fee simple, IA) the following land: Lot 19, Block P, MARAVILLA ESTATES, as recorded in Plat Book 8, Page 77, Public Records~of St. Lucie County, Florida. i 3~ R.awre. -~fl ~ ~t<a~ . - _ _ _ ~ vw fJn class HcN ~nwl~.~wsalr~o~«K. - ~ ; ' ~ ` - . , ~ 1-- - q,?suar» To ChrapoK X1.1311. Aoa a ~ sal < ~ = e s . _ , ~ ~ ~ ~ i~ ; ~Ir+rf Ck+ctlk Cnttft, St Liuoi~. Co., F1r. r; - - - , 1 B; All buildings, structures, and improvements of every nature whatsoever now or hereaher situated on the said property, and aN furniture, furnishings. fixtures. machinery. equipment. inventory and materials on site. and persona( property of every nature whatsoever now or hereaher owned by the Mort- gagor and located m, on. or used or intended to be used iri connection with or with the operation of card property, buildings, structures or other improve- ments. including all extensions. additions. improvements. betterments. renewals and replacements to any of the foregoing: and all of the right. title and :merest of the Mortgagor in any such personal property or fixtures subject to a eonditronal sales contract. chattel mortgage or similar ben or claim together with the benefit of any deposits Or payments now Or hereafter made by the mortgagor or on its behalf. Together with all and singular the tenements, hsreditamsnts, easements end appurtenances thereunto belonging, or in sny wise appertaining, and the rents, issues. and profits thereof. end also all the estate, right, title, interest and all claims and demands whatsoever. as well in Isw ss 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 factures, redistors. heaters. water pumps. air conditioning squipntent, machinery, boilers, ranges. elevators end 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 shutters and awnings, which are now or may hsreaher pertain to or bs used with, in or on said premises, even though they be detsctted 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 belonging, and the rents. issues and e prot~ts thereof, unto the said Mortgagee. The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgagor is indefeasibly seized with the absdute and fee simple title to said property, and has fuA power end 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 part thereof: that said property is free and discharged from all 1~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 Mo?tgagor's expense and at no expense to Mortgages such other and further assurances to perfect the fee simple title to said land, fixtures and per- sonal property in the Mortgagee as may hereahsr bs required: and that the Mortgagor hereby fully warrants unto the Mortgagee the title to said property and w~11 defend the same against tfte 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 TWENTY-FIVE THOUSAND AND NO/100---__~_______~~_____IS 25,000.00----------I the final principal sum of payment of which is due on I"SaY 1, 1985 ,together with any note or notes heresher executed by the Mortgagor hereinby and in accordance with paragraph sixteen of this mortgage as hereinafter set forth and secured by the lien of this mortgage, together with interest as (Harem stated. and shsfl perform, corttpty with and 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 does hereby covenant and agree: t. To perform, comply with end abide by each end every the stipulations. agreements. conditions and covenants contained and set forth rn said promissory note or notes, this mortgage and, it spplacable, the loan agreement between the Mortgagee end Mortgagor_ t 2. To pay the ir?debtedness secured by this instrument and according to the true tenor and effect of the promissory note hereinabova mentioned or of any renewal thereof, promptly on the day or days the same severally become due. ~ 3. To pay, before becoming delinquent, ell obligations, sncumbrortces. taxes, assessments, paving, sidewalk, sanitary qnd other ssssssments. levies or Dens. now or hereafter levied 0/ imposed upon or against the mortgaged property, and to exhibit to the Mortgagee before such taxes, assessments, 1~ens artd•encumbrant:es become delinquent the official receipts (or payment thereof, and it 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. it sny, witftout waiving or affecting Mortgagee's option to ioreck>se this mortgage, or any right hereunder, and every payment so made shall beer interest from the date thereof st the highest rats authorized by law and all wch payments with interest shall bs secured by the lien hereof. C ~ 1 ~ ~ S-MTr3-17 (11/75) M 06OS4-015 1 BV~K~ ~ p~pCj..(..14 . /V I iW >