The URL can be used to link to this page

Home My WebLink About0993,,,~~,,, ~~ 11 y3 ~ i ;~ ~~::;. -. . I --- .-- _ - --; ~ ~ ~' Southeast Banks :;.;;;;;.,. ,,,,,,.. MORTGAGE THIS MORTGAGE. axecuted thi~ 4th day ot December ~g 80 et Fort Pierce _ Florida bY RICHARD F. KAINE and DALE R KAINE, his ~,i fp, ot ~he (irst pan, hereinahe~ cslled the Mortgsgw. whlch tsrm as used he~ein in evsry instance shall ~nclude the Mortgagoi s heus. executors. adm~nlscrators. successors, legal representatives and assigns. inCluding ell subsequent grantaes. e~ther voluntary by act of the psrties or involuntary by operat~on oi law. and snail denota the ainpulsr and/a ral. and m sculme and/ot faminine end natural a~d/or artificial persons. whenever and wheraver the context w re- q~~-es ~ aam~ts. ~osoutneasc ~~rst ~at~onal Bank o~ Fort Pierce , s benking assoaat~on. of the second psn. hereinaher called the Mortgagee. wh~ch cerm as used herein in every mstance shall ~ntlude the Martgagee's successors. ~egal representatrves and assigns. including all Subsequen! ass~gnees. either vciuntary by att of the parties or involuntary by operat~on o( law. WITNESSETH: THAT (or dive~s good and valuable considerations. and also to secure the payment ot the aggregate wm ot money named ~n the p~omissory note of even date herewith, here~nafter ment~oned. together vmth ~nterest thereon. and all other sums ot money Secured hereby as here~naiter prov~ded. the Mortgagor does grant. bargain, sell, atien, rem~se. release. convey and confirm unto the Mortgegee. in fee s~mple. !A) the folbwing land: ~ / ~ ~ ~ ~ Rece'~ve+l 4 . ~7' ~ . v~ Lots 4, S, 6, 7 and 8, Block H ~~n Payment Of Tax~ ~~,; ~ MARAVILLA ESTATES , according to o~e o~ c~3~s ••c•• tntan~it,lP PQrsone~proMrn~ ! the Plat thereof recorded in P1aL~'"v`~'~~ T~ ChaplEt ~i. ~:3.;, ,~~tQ o, ,9,~. Book 8, Page 77, Public Records ROGER P0ITRAS ~' Of $t . Lucie COt111ty, Florida.. '-~^~y C~rCUit Court, St. Luc~e, Cp„ F~b. This mortgage is given subject to that certain mortgage from mortgagors herein to Citizens Federal Savings and Loan Association of St. Lucie County recorded in 0. R. Book 243, Page 2267 , Public Records of St . Lucie County , ,`-~ _ ~,~ .~~~ Florida. ~ . ~f-• .-• :~..1y'..~ i ~-. ~ < . . ! 8 i All budd~ngs. struttures. and ~mprovements oi every nature whatsoever now or heresher srtuated on the said property, and all furniture. furrnshings. '.!u~es. machinery. equipment. inventory and matenals on site. and persona~ property of every nature whatsoever now or hereaher owned by the Mort- „±yor and located m. o~. or used or ~ntended to be used in connectron with or with the operat~on ot sa~d pro~rty. buddmgs. structures or other ~mpr~ve- ~~?nts mcludmg all extens~ons. addiUOns. improvements. betterments. ~enewals and replacements to any of the torego~ng. a~d all of the r~yht. t~tle and ~e-es~ ot the Mortgagor in any such personal property or fixtures wb~ect to a cond~twnal sales contract. chattel mortgage or s~mdar I~en or cla~m tagether .~ ~! ,ne benefit o( any deposrts or payments now or hereafter made by the mortgayor or on rts behal( Together w~th all arxf singular the tenements. hered~taments. essements and appurtenances thereu~to belong~ng. or ~n any vinse apperta~n~ng. and the ~Prns ~swes. and profits thereof. and also ali the estata. nght. title, inte~est and all cla~ms and demands whatsoever. as well ~n law as ~n eqwty. of said 'v!o~tgagor ~n and to the same. and every pan and parcel thereoi. and alw spsc~fically but not by way oi lim~tatw~ all gas and electnc fixtu~es. radiators. heaters. water pumps. a~r conditio~ing equipment. maChinery, boilers. ranges. eievators and motors. bath tubs. s~nks, watet closets. water basins. p~pes. 'aucets. and other plumb~ng and heat~~g fixtures. mantels, refrigerating plants and ice boxes. window screens. sCreen doors. venet~an blinds. cornices. storm sn;,tters and awnings, which are now or may hereafter pertain to or be used with, m or on said prem~ses. even though they be detached or detachable. are and ~hau be deemed to be 6xtures and accessones to the freehold and a part oi the realty. TO HAVE AND TO HOID the same. together with the tenements. hereditaments and appurtanances thereunto belongang, and the rents. issues and .~~~~~~[s thereof. unto the sa~d Mortgagee. The sa~d Mortgagor hereby covenants w~th the ssid Mongagee that the sa~d Mortgagor ~s ~ndefeasibly seized w~th the absolute and fee s~mple t~tle to sa~d property. and has tull power and tawiul authority to se11. convey. transfer and mortgage the same: that it shalt be lawful at any time hereaher for the '.~ u*tgagee to peaceably and quietly enter upon, have. hold and enjoy said ptoperty. and every psrt thereof: that said property is iree and d~schorged trom a11 ~~en; encumbrances and cla~ms ot any k+nd. ~~cluding taxes and assessments. except those that may be set out above or heremaher, that the Mortgagor w~ll ^ ake at Mortgagor's expense and at no expense to Mortgagea such other and further assurances to perfect the tee s+mpte title to said land. !~xtures ar-d per- ,~~nal property in the Mortgagee as may hareaher be required. and that the Mortgagor bereby fully warrants unto the Mortgagee the trtle to sa~d property and ~„ii detend the same against the lawfut claims and demands oi alt pe~sons whomsoever. YOW. THEfiEFORE. the conditions oi this mortgage are such that if the Mortgagor shall well and truty pay unto the Mortgagee the n tebtedness evidenced by that certain promissory note of even date herewith, made by the Mortgagor and payable to the Mortgagee m the ~~incipal sum of Sevent~hol~san~ nnl l arc____________________ ( „ ~,}, the final ; ayment oi which is due on . together w~th any note or notes hereafter ezecuted by the Mortgagor ~e~e~nby and in accordance with paragraph sixtaen o this mortgaga as hereinaher set forth arxl secured by the lien oi this mongage. together w~th in;erest as ~ nere+n stated. and shall periorm, tomply with end eb~de by eech and every the stipuletions, agreements. conditions and covenants conta~ned and set torth in rh,s martgage a~d ~n the promissory note secured hereby. then this mortgage and the estate hereby created shall cease arid be null and vad AND. the Mortgagor does hereby covenant and agree: 1 To perform, comply with and abide by each and every the st~pulat~ons. agreeme~ts. cond-tions and covenants conta~ned and set forth ~n sa~d ;,-om~ssory note or notes. this mortgage and. ii applicable. the loan agreement between the Mortgagee and Mortgaga 2. To pay the indebtedness secured by this instrument and accordmg to the true tenor and eHect of the p-omissory note here~nabove mentioried or o! any renewal thereoi, promptly on ths day or days ths seme severally become due. 3 To pay, befwe becoming delinquent. all obligatwns, encumbrances, taxes. assessments. pav~ng, sidewalk, samtary and other assessments. lev~es or ~~ens, now or hereaher lewed w imposed upun or ageinst the mortgaged property. arxl to exhibit to the Mortgagee before wch taxes, asseuments. ~:e~s and encumb~ances become delinquent the off~cial receipts tor peyment thereot. and if the same or any part thereof be not pa~d be(ore becommg ~;ei~nquent the Mortgagae may at any time pay the ssme with accrued ~nterest and charges, ii any, v~nthout wa~ving w aHectir-g Mongagee's opt~on to iureclose this mongage, or any nght hereunder, and every payment so made shail bear interest trom the date thereoi at the highest rate authonzed by law and atl wch payments w~th interest shall be secured by the lien hereof . 5-MTO-17 (ll/75) M 060~54-O1S ~~ ~~~y~'J~~~~G ~'~,v l' `~ 80~~~45 PAGE ~. . ~ .~-.~ 'y~~ -~~c ~' .cl-~d ~~ 33 Yry