Loading...
HomeMy WebLinkAbout0464,,,,,,,, . . . ,,, , --- -- _; :;.;;;;;.,. ~~=~'`~' Southeast Banks ~/~~ N~~ MORTGAGE i~' 51.4397 3o.po THIS MOR7GAGE. executed this 20th dey o~ Januarv 19 81 e~ Fort Pierce ___ Florida _ by Da1e V. Cglean and Marlene M. CQlean, his wife,a Rarties ot the first part, he~emaher called the Mortgago~, which term as used herem in every instance shall mclude the Mortgagor's heus. executors. administrators. successors, legsl ~epresentatives and auigns. including all subsequent grantees, either voluntary by act oi the parties or involuntary by operation of law. and shall denpte the Sinf~ular end/or plural. 8nd tM mesCUline andlor (em~nine. and natural and/or artibcial persons. whenever and whereve~ the context so re- qu~res or edm~ts. tosoutneast First National Bank of Fort Pierce, 300 Sortth 6th St. , Fort Pierce F 1 orida, 33450 a bank~ng assoaabon. ot the second part. hereinaRer called the Mortgagee. which term as used here~n in every instance shall include the Mortgagee's successors. legal representatwes and assigns. i~clud~~g all subsequent assignees. either ti,,;,,ntary by act of the parties or i~voluntary by operat~on of law. W 1 T N E S 5 E T H: THAT for divers good and valuable considerations. and also to secure the peyment of the aggregate sum of money named in the prom~ssory note of e~.en date harewith, here~naher mentioned. together w~th interest thereon. and all other sums ot money secured hereby es here~natter prov~ded. the tilortgagor does grant. bargain. sell, alien, remise. retease. convey and confirm unto the Mortgagee. in tee s~mp~e. +A! the folbwing land. Deleted Lot 9 and Lands East of Deleted Lot 9, CANOE CREEK as per attached. ~ = No ;00 • w ~~trrerr or ~ CE1F OM lXJtst 'C NITAM6:8LE PEASO.MAL ~1tOPEQTY~ Fu::s,::.~n To c~ra n-r_~, ~crr oF un R06EJt PWTf.RS CLEiq( 4tCYlT CONR. iT. l~ OA. ~~~- THIS INSTRUMENT WAS PREPARED BY YVONNE MINER 7 ' oF S THE ST FIRST N TI.NAL BANK OF FORT PIERCE, FORT PIERCE, FLORIDA ~.Bi All build~ngs. structures. and ~mprovements ot every nature whalsoever now or hereafter srtuated on the sa~d property. and aIl furmture. furmsh~ngs. ~ t;.:r~~s mach~nery. eqwpment. ~nventory and matenals on site. and pe-sonal property of every nature whatsoever ~ow or hereatter owned by the Mort- a~ynr and located m, on, or useci or ~ntended to be used m connecUOn w~th or wrth *.he operauon of said property. bu~l~uigs. structures or other ~mp+ove- <<~~~cs ~nclud~ng afl eKtens~ons. add~t~ons. ~mprovements. betterments, renewals and reptacements to any of the forego~ng. and a~l of the nght t+tle and ~ ;~•~s[ of the Mortgagor ~n any such personal proaerty or fir.tures sub~ect to a cond~t~onat sales contract. chattel mortgage or s~mdar I~en or cla~m together :. ~! tne benefit of any deposrts or payments now or he-eafter mads by the mortgagor or on rts behalt Together with all and singular the tenements, hereditaments. easements and appurtenances thereunto belong~ng, or in any w~se appertain~rtg. and the ~e~cs ~ssues. and profits thereof, and also aN the estate. nght. t~tle. interest and all claims and demands whatsoever, as welt in law as in equ~ty. of sa~d ~.~ortgagor in and to the same. and every part and parcel thereot. and also specifically but not by way oi limitation aIl gas and e~ectric fizwres. rad~ators. ^,eaters. water pumps. air conditioning equipment. machinery. bo~lsrs. ranges. elevators arid motors. bath tubs, sinks, water closets, water basins, pipes. ~aucets. and oiher p!umbu-g and heating fixtures. mantels. refrigerating plants and ice boxes. window screens. screen doors. venetian blinds. cornices. storm sn~cters and aw~ings, which are ~ow or may hereafter perta~n to or be ised with, in or on sa~d premises. even though they be detache~ or detachabte. are and snz!' be deemed to be fixtures and accessor~es to the freehold and a part o( the reafty. ' TO HAVE AND TO HOLO the same, togeihe~ with the tenernents, hereditaments and appurtenances thereunto belonpirig, and the rents. ~ssues and o'cfics therepE, unto the said Mortgagee. The said Mortgagor hereby covenants with the said Mortgagee that the sa~d Mortgagor is ;ndefeas~bly se~zed w~th the absolute and tee s~mple t~tle to ~a~d prope~ty, arxi has full power and lawful authority to setl, convey. transfer and mortgage the same: thaY ~t shall be lawful at any t~me hereaher for the ti~oftgagee to peaceably and qu~etly enter upon. have. hold and en~oy said propeny, and every part thereoi: that said property ~s free ar-d d~scharged from all ' ens encumbrances and claims of any kind. includmg tazes and assessments. except those thai may be set out above or hereinaher: that the Mortgagw~rvilt T~ake at Mortgagor's expense and at no expense to Mortgagee such other and turthe- assurances to perieCt the tee simple title to said land. fixtures and per- sonal property in the Mortgagee as may he-eaher be required: and that the Mortgagw hereby tully warrants unto the Mortgagee the title to said property artd ~•. ~ ~etend the same against the lawful ctaims and demands of all persons whomsoever. PJOW. THEREFORE. the conditions of this mettgage are such that it the Mongagor shall well and t~uly pay unto the Mo•tesgea the ~debcedness erdenced by that cena~n prom~ssory note of even date herewith, made by the Mortgagor and payable to the Mortgegee :n :ne ~:-,napal sum oi TWENTY THnllcaNn nni i ARS AND NO/~.~-------------------- ~s 20,000.00 t. the t~~a~ ;:=yment of wh~ch ~S d„9 a, Fi~re Years Frcxn Date Of MOr'~Udae , togeSher with any note or notes hereafter executed by the \Aortgagor ~ere~nby and in accordance wrth paragraph sixteen oi th~s mortgage as heremaher set forth and secured by the lien of this mortgage. together wrth interest as ~~e~e~n stated, and shall perform, comply with and abide by each and every the stipulations. agreements, eonditions and covenants contained and set (orth ~n °~~~s mortgage and in the promissory note secured hereby, then this mortgage and thA estate hereby created shall cease and be null and vo~d. AND. the Mortgagor doas hereby covenant and agree. 1. To pe-torm. compfy with and abide by each and every the st~pulat~ons. agreements. co~d~tions and covenants contamed and set forth m sa~d ~.•om~ssory rwte or notes. th~s mortgage and. if applicable, the loan agreement between the Mortgagea and Mongagor. 2 To pay the indebtedness secured by this instrument and according to the true tenor and ef/ect ot the promissory ~ote heremabove ment~oned or :•` any rer-ewal thereoi, promptly on the day or days the seme severally become due 3. To pay, beiwe becoming delinquent. atl obiigations. e~CUmbrances, taxes, assessments, paving, sidewalk. samtary and other assessments. lev~es ~~ ~~ens, now or hereafter levied or ~mposed upon w against ine mortgaged praper,y, and to exhibit to the Mortgagee before such taxes. assessments. : ens and•encumbrances become delinquent the oHic~at rece~pts for payment thereot. and it the same or any part thereot be not paid betore becom~ng cse~,nquent the Mortgagee may at any time pay the same with acc-ued mterest and charges, ii any, without waiving w affecting Mortgagee"s option to ~oreclose this mortgage, or any nght hereunde~. and evary payment so made shall bear interest trom the date thereot at the h~ghest rate authonzed by taw and all wch payments with interest shall be secured by the lien hereof s-Mrc-n (i~~~s~ M 060-54-015 1 , ~+~c~ A c~ 8t)t1K J~7 PAUE "t~•~ ; ~ =, _ _: _ - ' ;.::~ -~.~~: ~..~:~: ~~_ ~. . _ -. .::~