HomeMy WebLinkAbout1343 ~b'
.;M Southeast Banks ,
482065
MORTGAGE
THIS MORTGAGE, executed this 27th day of June 19_.$Q_at Fort Pierce
Florida by Mark L. Grant and Nancy V. Grant, his wife
of the first part. herainshsr called the Mortgagor, which term ss used herein in every instance shall include the Mortgagor's hsiro. executors. administrators.
successors. legal representatives and assigns. including all wbsequent grantees. either voluntary by act of the parties or involuntary by operation of law. and
shall denote the singular and/or plural, and the masculine and/or feminine, and natural and/or artificial persons. whenever and wherever the context so rs-
quires or admits. tom First National Bank of Ft. Pierce
" a Dsnking association. of the second part. hersinsher called the Mortgagee. which
term as used herein in every instance shall include the Mortgagee's wccsssoro. legal representatives and assigns. including all subsequent assignees. either
voluntary by act of the parties or involuntary by operation of law,
WITNESSETH:
THAT for divers good and valuable considerations. 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, and all other wms of money secured hereby as hereinafter provided. the
Mortgagor does grant. bargain, sell, alien. romiss, release. convey and confirm unto the Mortgages. in fee simple.
fA) the following Isnd:
The West l80 feet of_lots 3 and 4, ROBLEGARD'S SOBDIVISION of part
of Lot 3, Section 21, Township 34 South, R,ftnge 40 Bast, as per plat
thereof recorded in Plat Book 1, Page 22 of the Public Records of
St. Lucie County, Florida.
, 5 0 ~ s d6.eo to PA'~''`tT f!F T~XF=
~ 1... : ~ ' .r'. 'v 1:'i:. ? i..:: t! F'^,: EnTr, C'T _ " -
, •-,T~ ~ _ t
IL'..i,::.:L'TO Cii.'i~t 7t-. ?d, A''.TS Gf 197E f1 ;~,,c;~~~~~r".; -
C,:6_3 P.~.ITiuiS ,~1. f.c: 7-.c~..~?~r~~i '~a, " =-'_~.:~1= Wit. ,
CWiK C1~4WT COWtt. ST. WGIE Cg,. RAQ, ~ - ~ - - I
r* ~
f -
f 81 All buildings. structures, and improvements of every nature whatsoever now or hereafter situated on the said property, and all furniture. furnishings.
textures. machinery, equipment. inventory and materials On site. and personal property of every nature whatsoever now or hereafter 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, buildings. structures or other improve-=
ments. including alt extensions. additions. improvements. betterments. renewals and replacements to any of the foregoing: and all of the right.-title and
~:cerest of the Mortgagor in any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or similar lien or claim together
.ti~th the benefit of any deposits Or payments now or hereafter made by the mortgagor or on rte behalf.
ii
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, end 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 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 hereafter pertain to Or be used with, in Or on said premises, even though they be detached or detachable. are and
I shall be deemed to be fixtures and accessories to the freehold and s 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
I 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 shall beJawful 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
!.ens. encumbrances and claims of any lord, 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 Mortgages such other and further assurartr:es to perfect the fee simple titb to said land. fixtures and per- -
~ sonal property in the Mortgagee as may hereafter bs required; and that the Mortgagor ftereby fully warrants unto the Mortgagee the title to said property and
wig! 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
principal sum of THIRTEEN THOIISAND AND NO/100-------------------------- IS 13,000.00
~ _ the final
payment of which is due on Decetuber 24 - 19$0 ,together with any note or notes hereafter 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
therein stated. and shall perform, comply with and abide by each and every the stipulations. agreements, conditions and covenants contained and set forth m
I this mortgage and in the promissory note secured hereby. then this mortgage and the estate hereby created shall cease and be null and void.
'r
~ ANO. 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 loan 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 or
~ of any renewal thereof. promptly on the day or days the same severally become due.
i<
s; 3. To pay.. before becoming delinquent. all obligations, encumbrances. taxes. assessments. paving, sidewalk, sanitary and other assessments. levies
or bens. 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 encumbrances become delinquent the official receipts for payment thereof, and H the same or any part thereof be not paid before becoming
delinquent the Mortgagee may at any time pay the same with accrued interest end charges, if arty. without waiving or affecting Mortgagee's option to
foreclose this mortgage. or any right hersuride?. and every payment so made shall bear interest from the date thereof at the highest rate authorized by law
and all wch payments with interest shall be secured by the lien hereof
5-MT(3-17 (11/7S) M 0605-015 1
B~~x ~ P~~~ 1339