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HomeMy WebLinkAbout0702 ~j ~~~~iii/~i ~I~$s °'y" =Southeast banks ~~"t~~~ MORTGAGE THIS MORTGAGE. executed thix day of ('c,~ober lff$Q..-_at Fnrt• Pi_erc Florida by TO~LN R PER_RONT~ of the first part. hereinafter called the Mortgages. which term as used herein in every instance shall include the Mortgagor's barn. executors. administrators. successors. Isgal representatives and assigns. including all wbsequent grantees. either voluntary by act of the parties or involuntary by operation of law, and snap denote the singular and/or u el, and tM masculine nd/or feminine and natural and/or artificial persons. whenever end wherever the context so re- quires or admit:. toSoutfieast WF~rst National Bank o~ Fort Pierce , a banking assocrstion. of the second part. hereinafter called the Mortgagee. whrch term as used herein in every instance shall include the Mortgagee's wccsssors. legal representatives and assigns, including ell wbssquen*_ assignees. either voluntary by act of the parties or involuntary by operation of law. • WITNESSETH: THAT for divers good end valuable considerations. and also to secure the payment of the aggregate win of money named rn the promissory rate of even date herewith, hereinafter mentioned, together with interest thereon. and all other sums of money secured hereby ss hereinafter provided. the Mortgagor does grant. bargain, sell. alien. remiss. release. convey and confirm unto the Mortgages. in fee simple. tAt the foNowing land: Lot 11, Block 28, PORT ST. LUCIE SECTION TWENTY-FIVE (25), according to the Plat thereof recorded in Plat Book 13, at Pages 32 and 32A through 32I of the Public Records of St. Lucie County, Florida. THIS IS A FIRST MORTGAGE. _ ~ ~ , ~ 4 P ' S t1oS.6 0 .N Pf~ - C= Tl.1IES ~ 3. ,L i C". ' ; t.: " . r` , + L P-'0'tNTr, = - . 3, :6 -t ~ ~ 2 0 ~ Fi...o...~li Tt7 .::'..'1.:: 7i- S, ' :LS ~F 111. ~ ~ o~ _ . d ' , CLfiiK CiAGWT COtfRT, ST. WGIE Cg. F'LA.~- ' .BI Atl buildings. structures, and improvements of every nature whatsoever now or hereafter situated on the said property. and all furniture. furnishings. !~xtures machinery. equipment. inventory and materials on site. and personal property of every nature whatsoever now or hereafter owned by the Mort- gagor and located rn. on. or used Or intended to be used rn connectrOn with Or with the operation of Said property. buildings. structures or other improve- . --,~ncs ~nclud~ng all extensions. additions. tmprovements. betterments. renewals and replacements to any of the foregoing: -and all of the right. title and te~est of the Mortgagor rn any such personal property or fixtures wb~ett to a condruonal sales contract. chattel mortgage or srmdar ben or claim together ri th 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. hareditaments. easements and appurtenances thereunto belonging, or in any wise appertaining, and the -eats. ~swes. and profits thereof, and also all the estate. right. title. interest and all claims and demands whatsoever. as well in taw as in equity, of said Mortgagor in and to the same. end 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 banns. Apes. 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 certain to or be used with, in or on said premises. even though they be detached or detachable, are and shalt be deemed to be fixtures and accessories to the freehokf and a part of the realty. TO HAVE AND TO HOLD the same, together with the tenements. hsreditaments end 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 le indefeasibly seised with the absolute and fee simple tale tri said property, and has full power and lawful authority to sell, convey. transfer end mortgage the same: that it shall be lawful at any time hereafter for the Mortgagee to peaceably and quietly enter upon, have. hole! and enjoy said property, and every pan thereof: that said property is free and discharged from all '.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 Mortgagor's expense and at no expense to Mortgages wch other and further sswrances to perfect the fee simple title to said land, fixtures and per- sonal property rn the Mortgagee as may hereafter be required: and thatthe Mortgagor hereby tally warrants unto the Mortgagee the title to said property and wait defend the same against the lawful claims and demands of all persons yvltomsoever. NOW. THEREFORE, the conditions of this mortgage are wch 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 _ pnnupal win of Thy' 'iY-moo llhou~s~land Eight Hindred ~d No/100 Dollars t~, 32, 800.00 t, t,,e fins, payment of which is due on Drly~.s^.~Q~ .together with any note or rates hereafter executed by the Mortgagor hereinby and in accordance with paragraph sixteen of this mortgage as hereinafter set forth and secured by the Iran of this mortgage. together wrath 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 rn this mortgage and in the promissory note secured hereby, then this mortgage end the estate hereby created shall cease and be null and vad i ANO. the Mortgagor doss hereby covenant and agree: ; 1 To perform. comply with and abide by each and every the stipulations, agreements. cwxlitions arxf covenants contained and ,8i forth sn said nrom~ssory note w notes, this mortgage and, it 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 herernabove mentionred or of any renewal thereof, promptly On the day Or days the same severally become due. 3. To pay. before becoming delinquent. all oblpations. encumbrances, taxes. assessments, paving. sidewalk, sanitary and other assessments. levies or trans. now or hereaher levied Or imposed upon Or against the mortgaged property. and to exhibit to the Mortgagee before wch taxes: assessments. tens and encumbrances become dslirtqusnt the official receipts for payment thereof. and if the same or any part thereof bs not paid before becoming r delinquent the Mortgagee may at any time wy the same wrath accrued interest and charges. if any. wrtha~t waiv+ng or affecting Mortgagee's option to foreclose this mortgage. or any right hereunder, and every payment so made shall bear interest from the date [hereof ac the highest rate authwr:ed by law and all wch payments with interest shall bs secured by the lien hereof f S-MTG-11 tl1/75) M 060.54-013 1 $(,~M~-io Y~bt Z CC i s _.a