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Home My WebLink About1243 s1~oso o ~ J`;~„~~, R~calvp~1 A ~~ 1~ PeYmnnt 71 T~ = :~-:',": = Southeast Banks .. , ~~~~iiiN~~~ ~u~ I~n f:l~~•s •.C. Intangible Per~~•~n r.n, a•ty MORTGAGE BALLOON r10RTGAGE Pur~i~;~tl Tn ~napter 71, 134. Act~ O= 'Q~~. ROGER POITRAS ~~ ~:~w-~ ~ncuit Court. St. LuCie, Co., Fia, 7 Fort Pierce, 7 J, TNIS MORTGAGE. executed thi~ ~~ day of ,js'iII31~Ly . 18_$.L_at Elorida, by JAMES I. MINIX and MARILYN J. MINLK. his w1fe, of tne fust part. hereinaher called ths Mottgagor. wh~Ch term as used nerem in every mstance shall mclude the Mortgagor's he~rs, executors. adm~mstrators. successon, legal rep~esentatives and ass~gns. including all subsequent grantees. either voluntery by act of ihe parties or involuntary by operation of law. and snatl denote the sinpulsr and/or lu~al. and the masculina and/a temmine, snd natursl ar~d/or artificial persons. whenever and whe~eve~ the context so re- a~~~es or admits. toSoutheast ~IRST NATIONAL BANIC OF FORT PIERCE, . s banking associat~on. of tM second pa:t. here~naher called the Mort9agee. wh~ch ~e~m as used here~n in every instante shetl inClude the Mortgagee's sutceuors. leg&1 representatrves and assigns. ~nctud~ng all subse~uen! ass~gnees. e~ther vofuntary by act ot the part~es or mvoluntary by operatio~ ol taw. ~ W 1 T N E S S E T H: 7HAT Ior divers good and valuable coraede~ations. and also to secure the payment of the aggregate wm oi money named m the p~om~ssory note oi even date herewith, hereinaher mant~oned. together wilh ~nterest thereon. a~d all other sums of money seCUred hereby• as hereinaher prov~ded. the h~ortgago~ does grant, bargam. sell, al~en, remise. release. convey and confirm unto the Mongagee. in tee s~mpie. ;A! the following land: Begin at the SE corner of said SW'~ of SW~t of Section 30, Township 34 South, Range 40 East, thence run West along the South line of said SW~ of the SW'~, 333 feet to a point, thence run Nor[h to a stake on the North line of said S{,~-~ of the SW%; vhich stake is 331.2 feet West of the NE corner of said~ SW'~ of the SW'~; thence run East along the North line of said SW~ of the SW'~; 331.2 feet to the NE corner of said SW'~ of the SW%; thence run South along the East line of the SW~ of the SW'~, 1330 feet to the point of beginning; St. Lucie County, Florida. THIS IS ti SECOND MORTGAGE, Subject to that certain mortgage from DONALD F. REAGLE, a single man, to FIRST FEDERAL SAVINGS ~ LOAN ASSOCIATION OF FORT PIERCE, dated May 17, 1977, in original principal amount of $60,000.00, and recorded in Official Records Book 268, Page 1503, of the Public Records of St. Lucie County, Florida. B; All bwld~ngs. structures. and improvements of every nature whatsoever now or hereaher situated on the said property, and all furniture. (urn~sh~ngs. '.~;,~es mach~nery, equ~pment. ~nventory and matenats on s~te. and personal property ot every nature whatsoever now o- hereafter owned by the Mort- :a~aor and,located m, on. or used or mtended to be used m connecbon wrth or wrth the operaUOn ot sa~d property. bwldmgs. structures or other impr.~ve ~• ~~~~rs mcluding all extens~ons. add~UOns. ~mprovements. betterments. renewals and replacements to any of the (orego~ng. and all of the nght trtle anA ••~-NS[ of the Mortgagor in any such personal property or f~xtures sub~ect to a condrt~onal sales contract. chattel mortgage or s~m~lar I~en or cla~m Toye~her .. •~ tr~e benet~t ot any depos~ts or payments now or hereafter made by the mortgagor or on ~ts behalf Together w~th alt and singular the tenements. hereditame~ts, easements and appurtena~ces the~eunto belong~ng, or m any w~se apperta~~~ng. and the ~e~es ~ssues, and prof~ts thereoi, and alw all the estate. right. title. interest and all claims and demands whatsoever, as wel! in law as ~n equ~ty. ot sa~d '.lcrtgagor m and to the same. and every pan and parcel thereoi, and also specihcally but not by way of lim~tation all gas and etectnc t~xtures. rad~ators. ~~eaters. water pumps. air conditioning equ~pment. mechinery, bo~lers. ranges. elevetors and motors, beth tubs. sinks, water closets. water bas~ns. p~pes. fa~~cets. ar-d other plumbing and heat~ng fixtures, mantels, refngerat~ng plants and ice boxes. wmdow screens. screen doors, venetian blinds. cormces. s!o+m snutcers and awnings. wh~ch are now or may nereafter pertain to or be used with. m or on sa~d prem~ses. eve~ though they be detached or detachable. are and ~~~aii be deemed to be fiztures and accessories to the treehold and a part oi the reatty TO HAVE AND TO HOlO the same. together wrth the tenements. hereditaments and appurtenances thereunto belong~ng. and the rents. +ssue~ and :,:~f~ts thereof, unto the said Mortgage~ The sa~d Mortgagor hereby covenants wrth the said Mortgagee that the said Mortgagor is indefeas~bly se~zed with the absotute and fee simple t~tle to 5,;1 property. and has full power and lawiul authonty to sell. convey. transter and mortgage the same: that it shall be lawiul at any t~me hereafter for the ' titcr±gagee to peaceably and qu~etly enter upon. have. hold and enjoy said property. ar-d every pert thereof: that said property is (ree and d~scharged irom all ~ ens encumbranees and claims of any kind. including tazes and assessments. except those that may be set out above or here~naher, that the Mortgagor wdl r.~ke at Mortgagor's expense and at no expe~se to Mortgagee ~uch other and further assurances to perfect the fee s~mple Utle to said land. fixtures and per- .onal propcrty in the Mortgagee as may hereaher be requireA: and that the Mortgagor hereby tully warrants unto the Mortgagee the title to said property and ::~;! defend the same against ihe lawful cla~ms and demands of all persons whomsoever. - NOW. THEREFORE. the condit~ons ot th-s mortgage are such that ~f the Mortgagor shall well and truly pay unto the Mortgagee the ~~debtedness ev~denced by that certain prom~swry note oi even date herewith, made by the Mortgagor and payable to the Mortgagee ~n the ;,-,~,~;pal sum of Forty-nine Thousand and 00/100. Dollars-----------------~5 49,000.00 ~. ~t-e fmal ,;arment ot.which is due on Januarv 1~. 1984 , together w~th a~y note or notes hereahe~ executed by the Mortgagor ~~ere~nby and ~~ accordance with paragraph sizteen of this mortgage as heremafter set forth and secured by the I~en of this mortgage. together wuh ~nterest as ~ n~~e~n stated. and shall perform, comply w~th and abide by each and every the st~pulations. agreements. conditions and covenants contained and set torth ~n •h~s mortgage and m the promissory r-ote secured hereby. then thls mortgage and the estate hereby created shall cease and be null and vo~d AND, the Mortgagor does hereby covenant and agree: ~ 1 To perform. comply with and abide by each and every the stipulations. agreements. cond~tions a~d covenants conta~~ed and set to~th m sa~d ;' c~om~ssory note or notes. th~s mortgage and. if applicaWe. the ba~ agreeme~t between the Mortgagee and Mortgagor i ~ 2. To pay the indebtedness secured by this mstrument and accordmg to the true tenor and effect oi the promissory note here~na~ve menuoned or ~ ~~f any renewal thereof, promptly on the day or days the same severally become due. 3: To pay, be(ore becoming delmquent, all obligatiens. encumbrances. taxes, aasessments. pav~ng. sidewalk. sarntary and other assessments. lev~es ~,r he~s, now or hereaher lev~ed w imposed upon w against the morteaged property, and to exh~bit to the Mortgagee be/ore such taxes. assessments. ~ ~~ens and encumbrances become deGnquent the oHic~al rece~pts tor payment thereof, and ~f the same or any part ihereof be not pa~d be(ore becom~ng + de~~nquent the Mortgagee may at any time pay the same with accrued interest and charges. if any, without waiving or aHecting Mo~tgagee's opnon to toreclose this mortgage, or any nght hereunder, and every payment so msde shall bear interest from the date thereoi at the h~ghest rate authonzed by law ~ I , and all wch payments with ~nterest shall be secured by the ben hereo( 5-MTG-17 (I1/75) M 06051-O15 ~ [f~ an~~ r~~~~