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Home My WebLink About2101~_ ~~ 1$~,2 THIS IS A BALLOON :~!ORTGACE AND TNE ~INAL ~~~u~,, PAYMENT OR THE BALANCE DUE UPO-i ?iATUFITY =~=~:~"'~' IS $57, 707.11, TOCETHER ~•IITH ACCRUED ~ : =., ~. . ;';; :~ Southeast Banks INTEREST, IF ANY, AND AI.L ADVANCEMENTS ~~ ~~"'~~~ tiADE BY THE MORTCAGEE U~1DER TNE TEF.:!S OF MORT(iAGE THIS t~IORTGA(~E , 9 0' °o THIS MORTGAGE. executsd this.~ day of December 19~_at Fort Pi erce _ _~,orida by JACOBSON-REAT INC __ a Florida corporati ~n _ of ~he fint psn, hsre~nahe- callsd ths Mortpsyw, wh~ch term as used hsrsu~ in ewry ~nstance shall ~ncluds ths Mwtgagor's Mus. executors, sdm~n~strators. successors. Isgal rspresenbt~ws and sssKp~s, includinp all subssquent yrantsss. s~ther volu~tary by act ot the psrt~es or mvduntary by operatw~ of law, and sha11 dsnots ths singular snd/a ursl. and ths mascul+ns and/or fsm~runs, and natural sndior an~f~cal perso~s, whansve. snd wherever ths context so re- a~~-~ a adm~~. tosa,tneas~ ~irst National Bank of Fort Pierce a DaMunp sssoc~atwn. ot t~s second pan. here~nahsr called the Mortgagee. wh~ch cerm as used here~n in every instance shaN mcluds the Mortgsges's successors. legal rsp~esentaaves arw ass~gns. ~nclud~ng all wbsequen! ass~gnees. e~ther voluntsry by aCt ot the part~es or ~nvoluntary by ops~atw~ of lew. W 1 T N E S S E T H: THAT for d~vers good and valuable cons~derations. snd slso to secure ths payment oi the aggregate sum oi money named ~n the prom~ssory note oi even dats herew~th. he~e~naher ment~oned. together w~tfi ~nterest thereon, and atl other wms ot money securad hereby as here~naher prov~ded. the Mortgagor does grant. barga~~, sell. al~en. rem~ss, release. convey and con6rm unto the Mortgagee. ~n fee s~mple. iAI the foibnnng Iand. The East 367 feet of Lots 42 and 43 of r:ARAVILLA rARDENS, Ui~IT OiJE, as recorded in Plat Book 6, page S5, oi the Public Records of St. Lucie Coimty, Florida, and the East 367 feet of the North 25 feet of an abandoned street adjacent thereto on the South, less the North 120.5 feet of the East 250 feet of Lot 42 and the South 4.5 feet of the East 250 feet of Lot 43. and less the North 125 feet of the East 250 feet and less the East 17 feet of Lot 43, all lying in Section 22~ To~mship 35 South. ~ange 40 East, St. Lucie County, Florida. t~ .~o s/~ o. a o p~ r~Ya~xr t~ T~x[s [:= C• 1 Ct~~S 'C lYTlt':C:3LE PiR£~?:AL PRQ?fRTY. THIS IS A SECOVD MORTGAGE . F~.:~_.2~T 70 CI:::~r_z ~i-:-~, a;.TS ~ un R.i.:t P:ITaAS tl[fil( C4t~.IRi CGE'i'iT. iT. W~ a. R~~jI. 181 All bu~ld~ngs. structures. and ~mprovements of every nature whatsoever ~ww or hereaher situated on the sa~d property. and all furn~ture. (urn~shings, f~x~ures. mach~nery. eqwpment. ~nventory and mater~als on s~te. and personal property ot every nature wha[soever ~ow or hereaRer owned by the Mort- yagor a~d located in. pn. or used or ~ntended to be used ~n connect~on with ot w~th the operat~on o( sa~d property, budd~ngs. structures or other improve- ments_ including alt extens~ons. add~trons. ~mprovements. betterme~ts. renewals and reptacements to any of tF~e /oregwng. and all of the nght. utte and ~~~eerest o( the Mwtgagor ~n any such personat property w tuctures sub~ect to a cond~bo~al sales contract. chattel mortgage or s,m~lar I~en or cla~m togeshe~ v~~[h the benet~t oi any depos~ts or payments now o~ hereaher made by the mortgagor or on ~ts behalf Together vmth a{I and singular the tenements. heroditaments. easements snd sppurtenances thereunto belong~~g. or ~n any w~se apperta~n~ng. and the ~ents. ~swes, and profits thereoi, and aiso all the estste. nght. t~tb. ~nterest and all cla~ms and demands whatsoever. as wNl ~n law as ~n equ~ty. ot sa~d Mor[gagor ,n and to the same, and every pan and parcel thereoi. and also speuficslly but not by wsy ot I~m~tatwn all gas and electric bstures, rad~ators. heaters. water pumps. au co~d,tiornng eqwpment. machinery. boelers. ranges. elevators and motors, bath tubs. s+nks. water closets. water basins. p~pes. faucets, and other p{umb~ng and heaUng f~xtures, msntels. roh~gersdng planu and ~ce boxes. w~ndow sc~eens. screen doors, venet~an blinds. cormces. storm shuners and awn~ngs. wh~.:h are now or may hereaher perta~n to w be used vmth, rn or on sa~A prem~ses. even though they be detached or detachable. are and shall be deemed to be fixtures and accessones to the ireehold and s part of the reaity TO HAVE AND TO HOID the same. together nnth the te~ements. hereditaments and appurtenances thereunto belonging. and the rents, issues and pro/~ts thereof, unto the sard Mortgagee The sa~d Mortgagor hereby covenants wrth the sa~d Mortgagee that the sa~d Mortgsgor ~s ~ndefeas~bly seued vnth the absolute and fee s~mpte utle to sa~d property. and has fult power and law(ui auttwnty to seli. co~vey, transter and mortgage the same; that it shall be lawful at any time hereaher for the Mortgagee to peaceably and qu~etiy e~ter upon, have, hold and enpy ss~d property, and every pan thereof: that sa~d property is free and d~scharged from alt !~ens. encumbrances and Gaims of sny lund. ~nclud~ng taxes and assassments, except those that may be set out above or hereinaher. tAat the Mortgagor wdl make at Mortgagor's expense and at no expense to Matgsgse wch other and turtMr sssurances to periect the tee s~mple trtle to sa~d land, bxtures and per- sonal property in the Mortgagee as may hereafter be required: and that the Mortgagor hereby fully warrants unto the Mwtgagee the trtle to sa~d property and w~11 defend the same aga~nst the lawful cla+ms and demands oi alI persons whomsoever. NOW. THEREFORE_ the co~d~twns oi th~s mortgage sre wch thst ~f ihe Mortgsgor shall well and truly pay unto the Mortgagee the ~ndebtedness ewdenced by that certa+n prom~ssory note of sven date herew~tb. made by the Mortgagor and payable to the Mortgagee ~n the P~~ncipal sum Of Sixt~~ousand and noI100 Dollars ~~ 60,000.00 -, the tmal Uayment of whrch ~s due on Januarv 1~ . 19 H4 .~~etner w~th any note or notes hereaRer execuced by tne Mor,gayor he,re~nby and ~n accordance w~th psragrsph s~xteen of thn mortgage ss herernsfter set forth and secured by the I~en oi th~s mortgage, together wiih ~nterest as ~ herem stated, and shall periorm. comply wnh and ab+de by sach and every ths st~putatwns. ag~eements. cond,t~ons and covenants conta~ned and set fonh ~n [n~s mortgage and in the prom~ssory note secured hereby. then th~s mortgage snA the estate hereby ueated shall cease and be null and vad AND. the Mortgagcx does hersby covensnt and sgrse: 1. To partorm, compfy wrth and sb~de by each and svery the st~pulatwns. agreements. cond~UOns and cove~ants conta~ned and set forth ~~ sa~d v.om~ssory note or notes, this mortysge and. ~i spplicsbfs, ths Iosn ag-eement between the Mongagee and Mortgaflw 2. To pay the ~ndebtednsss sscursd by this ~nstrument and stcord~ng to the true terwr and eHect oi t1-e prorrNSSay note here~nabove menuoned or oi a~y renewal thsreot. promptty o~ ths dsy o~ days ths same ssvsnlFy become dus 3 To psy, before b~cormnp del~nqwnt. sll oblpat~or-s. encumbrsnces. taxes, auessments, psv~np, s~dewalk. sarwtsry and other assessments. levies o+ I~ens. naw or hsresher lewsd w~mpossd upon or aga~~t tMs mortgsQsd propeny, and to exh~bit to the Mortgapee before wch taxes, assessments. ~~ens aod-encumbrances bscome del~~que~t the oific~sl rece~pts fpr payment thereot. snd ~f ths same o~ sny part thereot be not paid before beCOming de~~nqusnt tMs Matgsgss msy st sny time psy the same anth scc.ued fnterest and charges, ~f any. nnthout warving w aHect~r-g Mortgagee's optrw~ co foreclose tlHS mortgage, pr ~ny rpht hereunder, snd every psymertt so msde shsll bear ~nterest from ths dste tAsrsof at ths h~est rate authonred by law arxl all such payments with i~tsrest shaq be secursd br the t~en hereoi sMTa-l~ (1i/~s1 M o6o-ss-oys t f -~ c~45 p~r~ 21~ a~;`_1K : ~ ,. . _ ~~_ :. _ . . -- - ~ . ._ -._ , r , ~ - .. -- ~~,~ ~ .