HomeMy WebLinkAbout0986 ~~1111I~~
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Southeast Bank
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MORTGAGE
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~ Ma 83 Fort Pierce Florida
TNIS MORIGAGE ere~uted th~s_-LY~--- day of-----~---------. 19---at ---------t---
_ _ _ _ _ _ _ ~ti. _SKAGGS_ ELF_CTRIC C0. , INC., PROFIT SHARING TRUST
'~r~r (~rst part he~a~nafter cailed the Mortyagor which term as used herein ~n every instance shall ~nciudr the Mortyager s he~rs executors. admm~strators.
,~~ssurs legal representabves and ass~gns mrlud~ng ali subsequent granteas enher voluntary by act of the pait~es or ~nvoluntary by operat~on oi law. and
,.+',i denote ihe s~nUular anti or lura~ and the maSCUline and~or fem~n~ne. artid natural and~ar arhtoc~al oersons. whenever and wherever Ihe Context so re
o~ an.n~rc t~~ Southeasi ~~+'`IK~ N•A• s SAVANNAH ROAD BANKING i.ENTER
a ~ankmg assoaation of t~e secor.d part here~nafter called the Mortqagee. wh~cn
•.i; used here~n ~n every ~nstance shail ~ncluoe ~he Mortgagee s successors legai representat~ves and ass~yns ~nclud~ng ail s~bsequent ass~gnees. erther
~?<+ry by .~i t ~f the parhes oi ~nvoiuntary by opera!~on of law
W I T N E S S E T N:
THAT for diverti iaood and va!uaDle cons~derat~ons and a!so to secure the payment oi the ayy~eyate sum of money named in the promissory note o(
. fate herewrtn here:nafter ment.oned together wrth ~nterest thereon and atl other sums of money secured herebv as here~nafter prov,ded. the
. •ty'iyor cfoes qrant barya~,! sell a~ien rem~se. release convey an~ conhrm unto the Murtgayee ~n fee s~mp!e
. the toliowir.q l;~nd ~
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gs
That certain real property located in St. Lucie County, Florida,
and described on Exhibit "A" attached hereto and 'made a part
~ hereof .
Pa~°~~, ~ e~ y• . = y .
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C,erk ~,~t~ Culi~t. Si. l.U"~":.
- t~,irc7~r~u~ S1~u~.t~rPS dnd ~rn;~rpv@mC^:S Of QvBty nature whatsoever nOW O~ he~eaRer s~tudted on Th@ Sd~d proprrty. and atl tum~tu~e furn~shings.
. . r~~~.. . ~ . . . ~ ~ d..y ..l.i!Pf~d~.1 c~n S~ty d^d pprscr•d C~~C.;t•~i~ i;f P~er~, r.t,,i",~~t~: . ~.~.ti n.~rHdf'~r :.i~ti'nB;t hY thN llrlOr!
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. ,.,.t .~!...j . , .:ii+'1 t~,r :n(f•ri[!vr1 fi) Ui? uSQ;1 ;n .:.fitlnBCLU~^ W'(h ii! tn~. :il,r,!d;~~ ~
.r U~ ~d~.:: (;~~~,:rri, i:,: ~~~t.,,,;5 Siii:, ;u!r'S Or U(hNr ~n1p~OVB
' ~ ..!,...y . ,tc• ,.r . 1:1 nr5 ~;r;~vC^~vn?5 DPITer•-.F'^!S ~rnPwJ-S dr~~.;7 r~.~,.n:-c•n-:rr•i ~G d~'.y ~~f .!:r• r:~~. . ,f'~{t di! (tf rhp fiyht Iifl@ dnd
j ~ • . '~.I ~ b,~ , ~•n,~r~d' pri_:vvt!~~ u~ ~ xfi~~NS SuL;Pi t 'G d . U'.~!...h~:d .•ti : O '.~d~'_! ~d'te.. . ~ S.r~_~:i~ !~n~; r~r ;_Idi!n roqecr~e~
~ , ~ f^ Il•.~~;ti'ti ~)r i)~. ,'.N•:'ti ^t~•.V n' nr~.~~~~ur md::P '•~~~F' r . .~n~.:~~r u.. .!ti'!if•.../ ~
~ '~qe?~~er ~v~?n a~~ a~,~f 5~r quiar thP ;e~ eme~ts he~ed ;aments easements and aDPwtenances thPreuntc beiong~ng or ~n ar,y w~se apperta~mng. and the
~ ~ ~SU@S dr~.d ~~~:;f.'c 'h~taOf dn~l d~50 3~~ 'h@ @StdiQ ~~9ht :~iie ~nterest and a~! CId~mS drd QCn?d~tl5 wt!dISOBVPr d5 v+/BN itl IdW 05 in eqwty. o~ Sa~d
E ~~aor ~n an^. t~, i~,e ~.;~n:e a~d every part anA pa~cei the~eo~ and a~so spec f;ca+l~ ~ut not Dy way of +~~~tet:on a~~ yas ar,C eiectne f~xtures rad~ators
~ v.ate~ p;:~~;,~ a~~ ccncl~oo~~~g equ~oTent rr;acr,nPry bo~iers ~arqes e~evato~s and n•:ote~s Dat^ tu~s s+~~ks water closets water bas~ns p~pes
~ ,,+r.d other n,:mn:nq and ^eat~rq !:rtu~es marte~s refi~ge~at:ng plants and ;::e boxes w~ndo~ti screens SCrgP!~ ~loors venetian btinds co+niCeS storm
+~r~, ar;-1 a..n~~1;:5 '.V~' Ch d~Q nctiv or ~r:ay hereafte~ ~erta~n to or be used w~!h :n or on sa:d p~em:ses eve~ :houg'~ t~ey bs detacheA or detachable a~e and
~ » dee~~e~i to be ~ ctures and ac ~esso~~es to the freeho:d 3nA a pa~t o! the ~ea~t~
~ NA~~~ AN~ TO N~LD ~ne sa-r~e !oqec~~er w~h (hB ;ener^en?s !~e~eC~tame~?!s anr! apo~~~?a~'a^ces ;he~eu^to be~ong~rg and the rents. ~ssues and
. •~tpr~Cf il~li0 ~ . Sd:(1 11~0~(i~dQQe .
5d:'! ti.1p't:7:'y0~ bB~PbY C'OVB'ld~'~i5 With !R@ S3'~a Me~tyaqee !hat the sa~d 1Aortaayor ~~s ,nde!eas~b~y ie~2f'tl w~tn tne absolute and fee s~mpte 2~Ne to
.,;~e~r; a~.d nas'ui; ;~~~..e~ and IawEul autno~~ty to se!i convey transfer and mortyaye t'~e san:e tnat ~t shali be lawfut a: a~y t~me he~eafter tor the
tr~ nF~aceablti ~nd qu~etly ente~ uGC,n nave ho!d ar~d er.ioy sa•d proTe~ty and every part thereoi tnat sa~d proUerty ~s free a~d d~scharged from all
~ ;:u~np~an-.rs anct c~a~ms oi any k nd ;nc ._.d~ng taxes and assessments e¦cept those that ma~ be set out above o~ here~nafter tnat the Mortgagor wdl
~ 3r Mc~r*,~;;~c;ur s c-.re~ >e a~d at no expensP ;o Mortgagee such other ar.d turther assurances ro pe~~ect ihe fee s~mple t~tle to sa~d land. fixtures and per-
~ :.-•~:;ert•, ~n t!~n Mort ;aqee as '^'•dy hPreefter be requ~red and ;hat the Mortgayor hereby fuFty wa~rar.ts urto the Mo~tyegee the t+t1e to said proper!y and
~ `e~~d !nP sam~~ a:;a.^st the t~~~f:,' r.~.s ms and ~!er^ands oi a: pefsons whomsoeve~
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~ 'r;;V.' 'HE9EF7RE tne : o~~d;r;o~s of ±h~s mortgage are such tr.at ` the ArorcgaGOr sna!I we~f an~ t~uly pa~ urto the Mortgagee the
~ :~~~~,s ..,:.d~.~• ~r,! b~, ••,at ce~ta~n pt0~T1;SiO~y ^.G!Q of eae~ date herevrth maae by ;he Mor,yayor an~ pavable ,o the Morigayee ~n the
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ti,;~~, ~;f Fifty-sev_en_Thousand _a_nd 00 100 Tollars-------__ -_j- ,.5_57~OC0_.00_____________ cne t~~a~ e
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a.; Of v.il
' ;s ,1,;;. _~y SL 1986 _ _ _ tcyether w~th any note o~ notes r,ereatter executed by ?he Mortgayor !
~ ~~C~y' d.~;~ .::3".. .v~!R pdracraph s~xteer. ci th~s moctgaye 3s here~~afte~ 52! ~O!th dnd ~@rureA py the i:en of tn,s mortyaye. tcgether w~th ~nterest as ~
a staterf ~inri ~,nan perio•m ~:nmply wrth and ab;de ny each and every the st~pulat~ons agreements cor,d~;~ons and coaenants conta~neA and set forth m
, tyaqc- 3~~~t !ne n~orn~ss~~y ~,ate szcured ~e~eby the~~ th~s mortyaye a~~d the estate hereh~ c~eated sha~! r_~ase and be nul! and vo~d
_ . ia~l~ ?hn t~~;•iy)d~ri .:O?S h~rr~tY~ "OVOnant nnd 39~eE
~ ? Ti~ p~~r!;~r•r, ~;>rnpiy ~yI(h and ahcle hy each and ?very the shp~,~ahrirs ayreempn;s rpnrl:tiun5 ~n~1 rp~PnantS conta~ned and 5@t (erth ~n sdid
,svt; r~nt.> r r n,tNs th~s mortyage and ~f app'~rable the !oan ayreement Detween the Moriyagee an~ Mortyayo~
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i` ? Tn ~ray t~~e :n-~uh!e~1^e55 secu~C~) h'y th~5 ~ns:rument d~d dCCOrd~ng ro the t~ue tenor dnd effeCt of the pron;~55ory nqte he~ein3bove menLOned or
~ , ,nf•v,,;: *,n~•rnuf p~oirp!~y on the day o~ Gays the same severai~y become c:ue
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~ T~, ;~ay b~rfore becnm~~y deiinquer:t a~i ob!~gat~ons er,cumb~ances taxes assessments Gav~ng S~dewelk san~tary and other assessments lev~es
~~c~v: ,:~r ne~eaher lev~ed or ~mposed upon or aaa~nst the mortyayed property 2n[1 (p e~hib~t to the Mortyagee before such taxes assessments.
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.~-v1 ~•~,~..~~~~tna~~es beco~ne delmquent the offi~~a1 rece~Uts for payment thereof ard ~f the same or any part thereof be not pa~d before bec~m:ng
~ ;,ent th~ 1~'r~r~- ~ µr ma at an t~me a the same w~th accrued ~rterest and char es if an wrthout wa~vm or atfecbn Mort a ee s o hon to
a q.- v Y D Y 9 V 9 9 9 9 P
~ ~ ~~F• ~t:~s ~~uri,~~~aP ~r any nqht hPrFUnder and every pa~ment so made shall bear ~nterest irom ThQ (~d1P. IhQ~gO~ di IhP. h~OhQSI rate author~red by taw
~ • s.~~..h ~~a~~-,~~nts w~tr; ~nterest sha~~ be se; ure~i hv the hen hereof
~ , ac~c oe~ ~$4
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