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~~~~1~~~ 7EitMS OF THIS MORTGA,,E~ ~7 {
MORTGAGE i
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THIS MOHTGAGE. exacuted this day ot AUC~USt 19~-at F~~ P~~~r ~
Florida dy RDY I ATIDg2SIId
of che firat pan. hereinaher celled the Mortgegor, whicA tarm ss used herein in every mstance sha11 ~nclude the Matgagor's he+n, ezecutors. adm~nistrators.
successors. legsl representstives and assigns. including all subssqusnt grantees, either voluntary by act oi tAs parties or involuntary by ope~ation oi law. and
shall denote the sinpular and/or plural, andthe masculine and/or femmine, end natural andlor artificial penont, whenevar snd wherever the context so re-
quires or admits. toSoutheast
a banking assoc~ation. oi the second part. hereinaher called the Mortgagee. wh~ch
:erm as used herein in every instance shall inClud9 the Mortgagee's suCCessors. lagsl representetrves and assigns. including all wbsequen! assignees. enher
voluntary by aCt of the part~es or mvoluntary by operat+on of law.
- W 1 T N E S 8 E T H: ~
THAT for divers good and valuable considerations. and also to secure the payment oi the aggregate sum oi money named in the promissory note of
even date herewith. hereinaher mentioned. togather with interest thereon. and all other sums ot money secured hereby as hereinafter provided. the
M1lortgagor does grant. bargain, sell, alien. ramise. release. convey and confirm unto the Mortgagee. in (ee simple.
(A1 the followmg lend~
Y
Lots 4, 5, 10 aryd 11, Block C, BOUI~VARD D~.'~IIIAPN~ENr
C~ANY S/D acco~ding to the plat the~'eof reoorded in
Plat Book 2, Page 11, of the Public l~oords of St.
Lucie ~unty, Florida.
~ 5'~ In PeYment Of Texa!
R~~ ~
pw pn Class Intsn~ible Perwns1D~ ~~tY. f_. 7~ 3. > f
pw~+~t To ChsPtsr 71.134. Ac~ ~ g -
ROCiERPOITR~ ~ ~ b J ~ ;
. ;
C1~ Clrcult Court. S~ U~~e• Fl?. i~ - c. " r'~ }
i B 1 All build~ngs. structures, and improvements of every neture whatsoever now or hereaher situated on the sa~d property. and all furniture. furmshings.
f:ztures. machinery. eqwpment. ~rnentory and matena~s on srte. and personal prope?ty o( every nature whatscever now or hereafter owned by the Mort-
yagor and located in. on. or used or intended to be used in connection with or w~th the operat~on of sa~d property. bwld~ngs. structures or other improve-
ments. :ncluding all extensions, add~tions. imprevements. betterments. renewals and replacements to a~y of the foregoing: and all oi the nght. t~t~e and
--terest of the Mortgagor m any such personal property or fixtures subject to a condrtwnal sales contract. chattel mortgage or s~m~tar I~en or c~a~m together
..~et; the bene6t of any deposrts or payments now or hereaher made by the mongagor or on rts behal(
Together with all and singular the tenements. hereditaments, easements and appurtenances thereunto beionging. or in any v~nse appertaimreg, and the
~ents. ~ssues. 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 sa~d
Mortgagor in and to the same, and every part and parcel thereof, and alao specifically but r?ot by way oi limitation alI gas and electric fixtures. radiators. ~
heaters. water pumps, air conditioning es~uipment. machinery, boilers, ranges, elevators and motors, bath tubs, sinks. water closets. water bas~ns. p~pes.
i fa~cets, and other plumb~~g and hesting fixtures, mantels. re(rigerating plants and ice boxes. window screens. screen doors. venetian blinds. cornices. storm
E shutters and awnings, which are now or may hereafter pertain to or be used with. in or on seid ptemises. even though they be detached or detachable. are and
f shall be deemed to be tixtures and atcessories to the freahold end a part of the realty.
i TO HAVE AND TO HOLD the same. together with the tenements. hereditaments and appurtanances thereunto belonging, and the rents. issues and ~
i ;:~ofics thereof. ~nto the sa~d Mortgagee. j
1
~ The said Mortgagor hereby covenants with the said Mortgagee that the said Mortgagor is indefeaaibly seited with the absolute and fee simple title to a
~ sa~d property, and has full power ansf lawful authority to sell, convey. transfar end mortgage the same: that it shall be lawful at any time hereaher for the ;
t h'ortgagee to peaceably and quietly enter upon, have. hotd and enjoy said property. and every part thereof; that said property is tree and discharged lrom all ?
~ +~ens, encumbrances and claims of any kind. includmg taxes and assessments. except those thai may be set out above or hereinaher: that the Mortgagor wilt
~ make at Mortgagor's expense and at no expense to Mortgsgee such other and further assurancea to perfect the fee simple title to said land, fixtures and per-
~ sonat property in 4he Mortgagee as may hereafter be required: 9nd thet the Mortgagor hereby fully warrants unto the Mortgagee the titte to said property and
.v~ll defend the same against the lawfuf claims and demands of all persons whomsoever.
NOW. THEREFORE. the conditions of this mortgage are such that it the Mortgagor shall well and truly pay unto the Mortgagee the ~
:ndebtedness evidenced by that certa~n promissory note of even date herewith, made by the Mortgegor and payable to the Mortgagee in the
~ ;;nnc~pal sum of ~~Ht2cldred Elc~lty-'I~ ThOtLSalld, FiVE: Hilildred & IlU/100 ~E 182 , 500.00-------~, the fina~ ~
% ~
;=avment o( which is due on j~•~' 1Q, 1q84 . together wrth any note or notes hereaher executed by the Mongager ;
4 ~ ereinby and in accordance wrth paragreph s~xteen o( this mortgege es hereinaher set forth and setured by the lien of this mortgage, together wrth ~nterest 35
~ f^erein stated, and shall perform. comply with and abide by eech snd every the stipulations, agreements. tonditions and covenants contamed and set forth in ~
~ :h~s mortgage and in the promissory note secured hereby, then this mortgage and the estate hereby created shaU cease and be nul~ and void
~ '
s AND, the Mortgagor does herebY covenant and agree: ~
1. To periorm. comply with and abide by each and every the stipulations, ag~eements, conditions and covenants contained and set forth in sa~d
~ , ~
~ :•~omissory note or notes, this mortgage and. if applicabie, the {oan agreament beiween the Mortgagee ar.d Mortgagor. j
~ 2. To pay the indebtedness secured by this instrument and according to the true tenor and eHect oi the prom~ssory note hereinabove mentioned or
~ ~f any renewal thereot, promptly on the day or days the same severally become due.
~ 3. To pay. before becoming delinquent, all obligations. encumbrences, taxes, assessments, pa~ng, sidewaik, sanitary and other assessments, ~ev~es
~ or ~;ens. now or hereafter levied w imposed upon or against the mortgaged property. and to exhibit to the Mortgagee before such taxes, assessments.
~ens and encumbrances become de~linquent the o~cial reeeipts for payment thereof, and it the sama or any part thereo! be not paid before becoming
de!~nque~t the Mortgagee may at any time pay the same with eccrued interest ar?d charges. if any, wi!hout waiving or affecting Mortgagee's option to
foreclose this mortgage. or any right hareunder, and every payment so made shall bear interest from the date theraoi at the highest rata authonzed by law ~
and all such payments with intersst shell be seCUred by the lien hereof.
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