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HomeMy WebLinkAbout1161 4633 ~ ,,if,, D Southeast banks ~ ~ ~~~)a~` MORTGAGE THIS MORTGAGE, executed this 1st day of t~ay 1~0 et Maitland, Florida by WILLIAM J. WING and JANE W. WING. his Wife. of 2631 Talbot Road. Fern Park, Florida, Parties of the first part. hereinafter called the Mortgages. which term as used herein in every instance shall include the Mortgagor's heirs, executors. administrators. succsssoa. Isgal 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/a plural, and the masculirts and/or feminine, and natural and/or srtit~cial persons. whenever and wherever the context so re- quires or admits, t Southeast NATIONAL BANK OF ORLANDO a barking association. of the second part. hereinafter called the Mortgagee. which term as used herein in every instance shall include the Mortgagee's successors. legal representatives and assigns. including all subsequent assignees, either voluntary by act of the parties or involuntary by operation of law. W I T N E S S E T H THAT for divers good and valuabM oonsiderotions, and also to secure the payment of the aggregate sum of money named in the promissory note of even date herewith, hereinafter mentioned. together with interest thereon. end all other sums of money secured hereby as hereinafter provided. the Mortgagor does grant. bargain, sell, alien, remise, rolsase. convey and confirm unto the Mortgagee. in fee simple. !AI the following land: Condominium Parcel No. 6321 of BEACHTREE II, a Condominium, according to the Declaration of Condominium thereof as re- corded in Official Records Book 321 at Page 2609, and any n ~ amendments thereto, of the Public Records of St. Lucie /a 1' - County, FLorida, ~ r ~ _ ~ ~ L G ~ . ~ _ ± RaoMtrad ~ L=-~~ ~ ~1~; a T~cN _ pus On Class "C IntanpbNPrrsoons °roP"'K~ ' c•:...: ~~«v~~„i~ - _ ~ oursgarn To Chapter 71. 34. ' t ~ _ 4 . ice.` - = _ +:_.~:t,• ~ ~ 1, 5 U ~ Rt~ER POITitAS 9 ~ µ ` ~ .:a=- ` - Z1e~ SL t~uoM. Co.. Fla. _ _ ~ ~ C1rcuN Court. i BI AN buildings. structures. and improvements of every nature whatsoever now Or hareaher situated on the said property. and all furniture. furnishings. fixtures. machinery. equipment. inventory and materials on site. end personal property of every nature whatsoever now or hereafter owned by the Mort= yagor and located in. on. or used or intended to be used in connection with or with the operation of said property. bwldings. structures or other improve- ments. including all extensions. additions. improvements. betterments, renewals and replacements to any of the foregoing: and all of the nght. title and ~-~terest of the Mortgagor in any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or Similar I~en or clam together 'i with the benefit of any deposits Or payments now or hereafter made by the mortgagor or on its behalf i Together with all and singular the tenements, hareditaments. easements and appurtenances thereunto bebnging, or in any wise appertaining, and the j rents. iswes. 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 i Mortgagor in and to the same. and every part and parcel thereof. end also specifically but not by way of limitation all gas and electric fixtures. radiators. ' heaters, water pumps, air conditioning equipment. machinery, boilers, ranges, ebvato?s and motors. bath tubs, sinks, water cbsets, water basins, pipes, I 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 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 auessories 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 said property, and has full power and lawful authority to sell, convey. transfer and mortgage the same: that it shat) 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 hens, 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 at no expense to Mortgagee such other and further aswrances to perfect the fee simple title to said land, factures and per- sonal property in the Mortgagee as may hereafter be required; and that the Mortgagor hereby fully warrants unto the Mortgagee the title to said property and will 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 pnncipal sum of SIXTY-FIVE THOUSAND AND OOt'l00 DOLLARS (s 05,000.00 ~ I, the final payment of which is due on May~~ 1982 ,together with any note or notes hereafter executed by the Mortgagor heremby 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 therein stated, and shall perform, comply with and abide by each end every the stipulations, agreements, corxfitions and covenants contained and set forth in this mortgage and in the promissory note secured hereby, than 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 promissory note or notes, this mortgage and, if applicable, the ban 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 of of any renewal .thereof, promptly on the day or days the same sevarolly become due. 3. To pay, before becomirp delinquent. ell 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. I;ens and•encumbronces become delinquent the official receipts for psymsnt.thereof. and if the same or any part thereof be not paid before becoming j ! delinquent the Mortgages may at any time pay the same with accrued interest and charges, if any, without waning or affecting Mortgagee's option to foreclose this mortgage, or any right hereunder, and every payment so made shall bear interest from the date thereof at the highest rate authorized by law and all such payments with interest shall be secured by fhb lien hereof. sMT(i-17 (11/75) M 06054.015 1 BOt~( P`rC~~~j~ i ~~//iirr// IN7` tJ i --.c., ark - -