HomeMy WebLinkAbout0996 - 5024'x'7 ~9
.~~w.
/1N Bd11ICS R=~~: : a O.0 0 IN Pal"
cVT OF TII~
~4 L5; ; 1 t: : •C 1'll:.::C E! E F.:~C..ifl PROFEdTYr
MORTGAGE Y:,..;,.:r+li TO :t:'.rT_~. TI-:.4. RTi Oi q]L
~ G.:L:il P~ITF.At ~ .
0 CL:i~K fiiUliT C>rWtT. ST. Lfak~ C~ RL~
T1~ MoaTwf~E. tf.s 6th dal o~ October 19~Q_at Fort Pi area,
!clc:-iris py Ai TFN nTTAY and ANNR 1) nip IAY , hi c rvi fp ~
d the first paR herawadlar cried tlce Mortgagor- which arm as wed herein in every instance shall include the Mortgagor's heirs. executors. administrator.
suooaseors 1qi, rapreeaertaaMes aril sstigns, including sti scrbsequertt grantees. either voluntary by act of the parties or involuntary by operation of law. and
st~aY drone tlce siecoeiar aM/ot plwak artd the masculine and/or feminine, and natwal and/or artific+al persons, whenever and wherever the context so ra-
~ ~ aeta~ First National Bank of Fort Pierce
a banking assopation. of tfis second part. hereinaher called the Mortgagee. which
.,er-r as r,eer! heron ,e eraY .rstana shah rrcM~de the Mortgagees successors, legal representatives and assigns. including all subsequen! assignees. ether
.~aantary a its of the peroes or rrvoRrntary a operation of law.
WITNESf;ETH:
THAT for fees guoe and vehsabie wrtsrderatiorre. and also to severe tM payment of the aggregate vein of money named in the promissory note of
eels dean Aeravweh hereiniAar errertLOned. together with interest thereon. and sN other wins of money secured hereby ss hereinafter provided. the
t14~rtgager does grant berganx self. alwa name, release, convey and confirm unto the Mortgagee. in fee simple.
A ~ ilia fo/owteg land
Tt>:e Nest 390 feet of the East 745 feet of the
North 530 feet of the South 569.3 feet of the
East 3/4 of the Northeast 1/4 of. the Southeast .
1/4 of Section 7, Township 35 South, Range 40
East, St. Lucie County, Florida.
Together with an easement for ingress and egress
over the following described property:
The ldest 720 feet of the -East 745 feet of the South
39.3 feet of the East 3/4 of the NE 1/4 of the SE
1/4 of Section 7,~Township 35 South, Range 40 East,
St. Lucie County, Florida.
8 All bcr'rldrrgs, steucwres, and strproverrrents of every natus whatsoever now or hesaher situated on the said property. and all furniture, furnishings.
= w~aCr+err eQwprsrd'rE rerer?tary end matereals On site. and personal property of every nature whatsoever now or hereafter owned by the Mort-
=mix ind .ec~errf in. or or used or rnterded to be used in cOnrtecnon vmth or with the operator of said property. buildings. structures or other improve-
-.•_~--s ~i•,ps,g ai enter~ons addrLOns_ ,mprovements, betterments. renewals and replacements to any of the foregoing: and all of the nght. tale and
-=-±st d ttse M.~t~agor ~n cry s?ccte personal property or factures subject to a cor?drt~onal sales contract. chattel mortgage or similar Den or clam together
A "ore txarcedc~t o11 anro depossts or payments now er hereafter made by the mortgagor or on i!s behalf
jogaefcer w!r1A elf and swcguiar tic artarcxrtts. lteredrtarrcents easements and appurtenances thereunto belonging. or in any wise appertaining. and the
-rs aeues aril profta thaeot and also all the esrne. nghi titN. interest and all claims and demands whatsoever. as well in law as in equity. of said
u3rtgiger en end tD the saeerR ~ind ovary pert and parcel thereof, aril also specifically but not by way of limitation all gas and electric fixtures. radiators.
-~ea;txs. waser pwnps, aw eonboorrng agtrprrtertt_ machinery. boilers. ranges. elevator and motors. bath tubs. sinks. water closets. water basins. pipes.
f ~s.,r~ts•, ad gl,~es pisn0uog acrd hea>rg tortures mantels, rsingeraong plants and ice boxes. vnndow screens, screen door. venetian blinds. cornices. storm
s-+~:tus and awnstigs. wlarJ+ are now or may hareafier pertain to or be used vyith. m or on said premises. even though they be detached or detachable. are and
s^a~ tee deemed to be fnaa,res and acpsstxiss to the heNwld ucd a part of the realty.
TO HAVE ANO TO HOtD the same. together vnth the tenements. hered~taments and appurtenances thereunto belonging. and the rents. issues and
~ thereof_ urrso it's said Morgyagee_
T?re sad Mortgagor ~ebM cvvarcants wcth the said Mortgagee that the said Mortgagor is indefeasibly seized with the absolute and fee simple title to
3cnperq_ aM has fulf power and lawful authonty to seq. convey. transfer and mortgage the same: that it shall be lawful at any time hereafter for the
~ ti
:gages so p~e~abiy and q,net/y ante. upw+. have, basil and enjoy said property. and every part thereof: that said property is free and discharged from all
end dints d arty kind. utck.dirtg texas and assessments, except those that may be set out above or hereinafter: that the Mortgagor will
~atr at Yor>w~agor's expanse and at no expense to IlAortgsgee such other and further assurances to perfect the fee simpb title to said land. fixtures and per-
sv-~ property sr tt+e Mortgagee as may Mreafter be squired: end that the Mortgagw hereby fully warrants unto the Mortgagee the title to said property and
w ~ferd the same against' the ta+eifcd dairrrs end demands of aN persons whomsoever- }
IOW THEREFORE the condoorrs of this mortgage as such that if the Mortgagor shall well artd truly pay unto the Mortgagee the •
~edrees ev+detroed by that txtrtarrt promissory note of even date herewith, made by the Mortgagor and payable to the Mortgagee in the
y~ of Tpn ThpusBnd and no/ 100 Dollars << 10 , 000.00_ the final
„r_.•r,ent of wt'rdr o due on October 15. 1985 ,together with arty note or rates hereafter executed by the Mortgagor
- aril in amordance vrah paragraph sc:oaert of this mortgage as hereinafter set forth and secured by the lien of this mortgage. together with interest as
-'.rner stase0. and shall p~m_ comply wah and abide by each turd every the stipulations, agreements. conditions and covenants contained and set forth in
~~s +~wrtgage and +r the prontriSOrY non segued herby. then this mortgage artd the estate hereby created shall cease and be null and void. `
AAtO_ the sliorsgigor does hexebtr eovenwtt end agree:
To perf+ore:t ea~rpllr waft and abide by each aril every the stipulatares. agreements, conditans and covenants contained and set forth m said
r.1r nose or Holes, thw mortgage aid, if applicable. the ban agreement between the Mortgagee and Mortgagor. i
2 To piiy the r~deb0edrterss seared by this rnstrurrcent and according to the true tenor and effect of the promissory note hereinabove mentioned or
any rena+ral d+aneo[. pr«nptllr cn the day or days tt~e same severally become due.
3 To pelr_ beiwe becamrrg daltngcwrt aM obligations. erccctmbrances. taxes. assessments, paving, sidewalk, sanitary and other assessments. levies
o. ~ now or lwea(ter leveed or crnpassd upon or sgainsi the mortgaged property, and to exhibit to the Mortgagee before such taxes. assessments.
+ees aril errwn+branoas become daircquMrt the offieea! receipts for payment thereof, and if the same or arty part thereof be rat paid before becoming
deinveate the Mortgagee cagy at any tirrre pay the same with accrwd interest and charges. i1 any. without waiving or affecting Mortgagee's ogres to
surecloae tars nrortgagR or any nght hereunder. and wary payment so made shall bear interest from the date thereof at the highest rate suthori:ed by law
and a• such peyrnrenrls wah entaanest shot be secured by the hen hereof ee~~
s•vr~t>• f><tu~st r one-swis ~ f
800K J~ PAGE