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Home My WebLink About0200~~//)~Qppp pp {~ ~~ttN~i •7i1t.7.7~V ;;;;:,: Southeast Banks -,,tt,.. MORTGAGE THIS MORTGAGE. executed this~l~ day of r ~kt'f n~~t ~r 19~_at Fort Pierce z Florida, by ROBERT E DEERY and ELIZABETH S DEERY his wife of [he first part. hereinaher called the Mortgagor, which term as used herein in every instance shall include the Mortgagor s heirs, 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 sirMular and/or plural. and the masculine and/or feminine. and natural and/or artificial persons. whenever and wherever the context so re- qu,res or admits. to Southeast FIRST NATIONAL BANK OF FORT PIERCE, a banking association. of the 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. either voluntary by act of the parties or involuntary by operation of taw. , ' ' WITNESS"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. 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. CAI the following land Lots 22 and 23, Block 688, PORT ST. LUCIE, SECTION EIGHTEEN, according to Plat thereof as recorded in Plat Book 13, Page 17, of the Public Records of St. Lucie County, Florida. t '' ~ ,~e~„iyu~ : ~ 7~~~ in Payment OiTtooss y Due On Class "C" inwtpibla Persona! Plrop~ty • 1~ - _ _ Pursuant To Chi 71.134. Aas Ot 111. ~^ - 7 ,' ~ lIOG611lORIIAd ~' r ~/ B1 All bwldings. structures. and improvements of every nature whatsoever now or hereafter situated on the said property, and a0 furniture, furnishings. r~rtures. machinery. equipment. inventory and materials on sue. and personal property of every nature whatsoever now or hereafter owned by the Mort- :ayur and located m. on. or used or intended to be used in connect:on wuh or wuh the operation of said property. bwldings. structures or other improve- ^~ents including all extensions. additions. improvements. betterments. renewals and replacements to any of the foregang: and all of the nght rule and ,t~ rest of the Mortgagor in any such personal property or fixtures subject to a cortduional sales contract. chattel mortgage or similar hen Or claim together :. 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. 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. ar-d 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. !aucets. and other plumbing and heating fixtures. mantels. refrigerating plants and ice boxes. window screens. screen doors. venetian blinds. cornices. storm shutcers 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 shat( be deemed to be fixtures and accessories to the freehold and a part of the realty. TO HAVE ANO TO HOLD the same together with the tenements. hereditaments and appurtenances thereunto belonging. and the rents. issues and ;:~o`,ts 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 atle to sa,d property. and has full power and lawful authority to sell, convey. transfer and mortgage the same: that it shall be lawful 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 alt yens encumbrances and claims of any kind. including taxes and assessments, except those that may be set out above or hereinafter: that the Mortgagor will nice at Mortgagor's expense and at no expense to Mortgagee such other and further assurances to perfect the fee simple title to said land. fixtures and per- ;:;na1 property in the Mortgagee as may hereaher be required: and that the Mortgagor hereby fully warrants unto the Mortgagee the title to card property and ,v,n 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 welt 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 pr,ncipal sum of _ORe Hundred Eighty-five Thousand and 00/100 Dollars----IS 185,000.00 I, the final dett-~d ~f ~r ~ 1981 payment of which is due on/ ~ .together with any note or notes hereaher executed by the Mortgagor ~ereinby 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 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. 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 cpromissory 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 o! ar,y renewal thereof, promptly on the day Or days the same severally become due. g 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 if the same or any part thereof be not paid before becoming f delinquent the Mortgagee may at any time pay the same with accrued interest and charges, if any, without waiving or affecting Mortgagee's option to foreclose this mortgage, or any right hereunder, and every payment so made shall bear interest from the date thereof at the highest rate authorized by raw and all wch payments with interest shall be secured by the lien hereof 5-MTG- 7 (I1/75) M 06 51-035 ~ 1 ~~~ PAGE /~~^/~• ~ fsWn ~ 1. ~(Cv i'b ~ / ..~,.~~ ,