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Home My WebLink About0195 i~ ; ; Southeast 6ar~ks s , ass ~~rttr~ MORTGAGE 6~ THIS MORTGAGE. executed this 3lst day of October 19~~at Fort Piercer Florida by MIi~-TSEN LEE and CHENG-LING LEE his wife of the first part. hereinafter called the Mortgagor. which term as used herein in every instance shall include the Mortgagor's heirs. executors, admin+strators. successors. legal representatives and assigns. including all wbssqusnt grantees. either voluntary by act of the parties or involuntary by operation of law. and snap denote the singular and/or Aural. and the masculine and/or feminine, and natural and/or artif+cial parsons. whenever and wherever the context so re- gauss or admits. to Southeast First National Bank of Fort Pierce a banking association, of tie 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. ether voluntary bl• act of the parties or involuntary by operation of Isw. W I T N E 8 8 E T H 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, hereinahe? mentioned. together with interest thereon. and alt other sums of money secured hereby as hereinafter provided. the Mortgages does grant. bargain, sell. alien. remiss. release. convey and confirm unto the Mortgagee. in fee simple. iA) the following land: Lot 36, VIKINGS LANDING, PHASE TiJO, according to the plat thereof as recorded in Plat Book 19, page 6, of the Public Records of St. Lucie County, Florida. THIS IS A PURCHASE MONEY FIRST MORTGAGE. f i 4 7 !L:'~11:0 s 1/ SQ IN PA~~r_!tr eF Ta~t€i ~ ~ j ~ r~, r ' _ • _ _ ~ -1. Ics~ oaf cLj ss •c• rr: P~::.~~i:,t P~fA1Y . ~ ~ v . ~ ~ I i1i~~Rlli TO tff..pic•'. 71-i~~. A.^.iS W 1111a - RLGE~ Pt+IiAAS ~ ' CLEi11( GACIKT COrRT, tT. WqE 60. fu~~' IB) All twildings. structures. and improvements of every nature whatsoever now w hereafter situated on the said property. and aN furniture, furnishings. ~ +~xt~res. machinery. equipment. inventory and materials on s+te. 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 all extensions. additions. improvements. betterments. renewals and replacements to any of the forego+ng. and all of the right. tale and r~terest of the Mortgagor in any such personal property Or fixturos sublett to a cotxlmonal sales contract. chattel mortgage o? similar lien or claim together ~•~~rn the benefit of any deposits a payments now or hereafter made by the mortgagor a on its behalf Together with all and s+ngulsr the tenements. hereditamsnts. easements and appurtenances thereunto belonging. or in any wise appertaining. and the rents. iswes. and profits thereof, and also all the estate. right. titM. 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. i faucets. and other plumbing and heating fixtures, mantels. refrigerating plants and ice boxes. window screens. screen doors. venetian bends. cornices. storm shutters and awnings. which are now or may hereaher pertain to or be used with. in or on said premises. even though they be detached or detachable. are and snaN be deemed to be fixtures and accessories to the freehold and a part of the realty. 6 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 seised with the absolute and tee simple title to said property. and has full power and Iavirful authority to sell. convey. transfer and mortgage the same: that it shalt be lawful at any time hereafter for the Mortgagee to peaceably and gwetly 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 kind. including taxes and assessments. except those that may be set out above or hereinafter: that the Mortgagor w+ll make at Mortgagor's expense and at no expense to Mortgages such other and further assurances to perfect the fee simple title to said land. fixtures ar?d per- sonal property in the Mortgagee as may hereafter bs required: and that the Mortgagor hereby fully warrants unto the Mortgagee the title to said property and vv~i~ 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 mote of even date herewith, made by the Mortgagor and payable to the Mortgagee in the ~ principal sum of Fifty-Six Thousand TWO Hundred Fifty and no/10~°~~~r~0 1. the final payment of which is due on October 31., 1981 .together with any note or notes hereafter executed by the Mortgagor f neremby and in accordance with paragraph sixteen Of this mortgage as hereinafter set forth and secured qy the lien of this mortgage. together with interest as f therein stated. and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants contained and set forth in tn~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 end agree: ~ ' 1. To norm. com - ; pe ply with end 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 secured by this instrument and according to the true tenor end eNect of the promissory note hereinabove mentioned or of any renewal thereof. promptly on the day or days the same severally become due. 3. To pay, before becoming delinquent. all obligations, encumbrances. taxes. assessments. paving, sidewalk. sanitary and other assessments. levres or bens. now or hereaher levied or imposed upon or against the mortgaged property. end to exhibit to the Mortgagee before such taxes. assessments. hens and~encumfxances become delinquent the official receipts for payment thereof, and ii the same or any part thereof be not paid before becom+ng delinquent the Mortgages may st any time pey the same with accrued interest and charges, H any, without waiving or affecting Mortgagee's option to foreclose this mortgage. or any right hereunder. and every payment so made shall beer interest hom the date thereof at the highest rate authorized by law and all wch payments with interest shall be secured by the lien hereof. S•MTG-17 tlt/75) M 060.54-015 t a~c3~2 p~ 195 - - _ = i F - ;~-<s