Loading...
HomeMy WebLinkAbout0693 ~y. SU2282 - Southeast, banks ,,r,,. -,,tt,.. MORTGAGE THIS MORTGAGE. executed th± ~ day of October ~s~_at Fort Pierce Flor~,da by JOHN R. PERRONI. of the first part, hereinaher called the Mortgagor, which term as used herein in every instance shall include tits Mortgagor's heirs, executors, administrators. successors. lager representatives and asai~ns~?:~isneiuydcmg aH wrtb~s(squeynnt grantees. either tv,,olpudn/isry by act of the parties or involuntary by operation of law, and shall denote the sinAuiar and/or rgrrS t Nat1011a~ liatlK tn0~ a~Or~ra Y1E'rCe ~ raj persons. whenever and wherever the context so re- gwres or admits. tOSoutheast r l1 s banking association, of the second part. hsretnahsr called the Mortgagee. which term as used herein in every instancQ shall include the Mortgagee's successors. Isgal representatives and assigns, including all subsequent assignees. either voluntary by act of the parties or involuntary by operation of few. WlTN1FS8ETH: THAT for divers good and valuable considerations. and also to secure the payment of the aggregate win of money named in the promissory note of even date herewith, hereinaher mentioned, together with interest thereon, and all other sums of money secured hereby as hereinaher provided. the Mortgagor does grant. bargain, sell, alien. remise, release, convey and confirm unto the Mortgagee. in fee simple. IAI the falowing land: yr, L 1~ i Lot 8, Block 17, PORT ST. LUCIE SECTION TtiIENTY-FIVE t+:~ ~ 3,:•~ (2S), according to the Plat thereof recorded in Plat ~~.~i Book 13, page 32 , of the public records of St . Lucie ~ - County, Florida. ' C~_ : t C'_ 'C' i.'T _'-'tc F. f'" ~.;TY ' ' ~ , THIS IS A FIRST MORTGAGE . F:..-~:+r TJ .l ~l- a;rs it tsjt, r ~ r ~ i ~ ; e ~:l F.IT.:wS ~ c<<~K a:.~wT ccllsT,,sT, w:.ta; co. Fu,~11~- ~ a; _ ~ o~ . . , .BI All buildings. structures. and improvements of every nature whatsoever now or hereaher situated on the said property. and all furniture, furnishings. fixtures. machinery. egwpment. inventory and matenals 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. buildings. structures or other improve- •~ents including all extensions. additions. improvements. betterments. renewals and replacements to any of the foregO,ng: and aU of the right. title and ~~rerest of the Mortgagor m any such personal property or fixtures subject to a conditional sales contract. chattel mortgage or similar lien or claim together warn the benefit of any deposits or payments now or hereaher 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. 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 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 closets, water basins. pipes. faucets. and other plumbing and heating fixtures, mantels. rofngerating plants end ice boxes, window screens. screen doors.•venetian blinds. cornices, storm shutters and awnings. which are raw or may hereafter pertain to or be used wish. in or on said premises. even though they be detached or detachable. are and snail be deemed to be fixtures and accessories to the freeltad 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 profits thereof. unto the said Mortgagee. The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgagor is indefeasibly seized wrth the ebsaute and tee simple title to sa,d property, and has full power and lawful authority to sell. convey. transfer and mortgage the same: that it shall (xe lawful at any time hereaher for the Mort a ~ g gee 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 i~ens encumbrances and claims of any land. 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 tee simple title to sa+d land. fixtures and per- sonal property in the Mortgagee as may hereaher 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 Conditwns of this mortgage are such that if the Mortgagor shall well and truly pay unto the Mortgagee the ,ndebtedness evidenced by that certain promissory note of even date herewith, made by the Mortgagor and payable to the Mortgagee in the , pnnapal sum of ~;rf-v-itnn 'itic>,~a~d Fautr Hundred acid no/100 Dollars IS 32,400.00 1, the rival payment of which is due on ~ ,together with any note or notes hereafter executed by the Mortgagor hereinby and in accordance with paragra 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 end 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 does hereby covenant and agree: t 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 end, if applicable. the loan agreement between the Mortgagee and Mortgagor. 2. To pay the indebtedness aecursd ny this instrument and act:ording to the true tenor and effect of the promissory note hereinabove mentioned or o! any renewal thereof, promptly on the day or days the same severalty become due. 3. To pay, before becoming delinquent, ell obligations. encumbrances, taxes. assessments. paving, sidewalk, sanitary and other assessments. levies or Dens. now or hereaher levied or imposed upon or against the mortgaged property. and to exhibit to the Mortgagee before such taxes. assessments, , bens and encumbrances become delinquent the official receipts for payment thereof. and if the same or any part thereof be not paid before becoming , dehnquent the Mortgagee may at any time pay the same with accrued interest and charges. if any. without vVaiving or affecting Mortgagee's option to foreclose this mortgage, or any right hereunder. and every payment so made shalt bear interest from the date tt?ereof at the highest rate authorized by law and all such payments with interest shall be secured by the lien hereof s-MTa-t~ fttns~ M ocoss-cis f 8G(1K~ Ill PbCE - -