Loading...
HomeMy WebLinkAbout0927 ~~1~ This ins[rument prepare~i by I.ori ~1~~ Wuchte for Riverside National Bcink of Florida 2211 Okeechobee Road MORTGAGE I~ort Pierce, Florida 33450 . ~ ~~C THIS MORTGAGE. exacuted this__ 2~th dsy ot ~Y . 19 83 ai 2211 Okeechobee_Road _ ;~~rt Pierce b~ Caroll Williams and Delores Williams, his wife ot ~he f~rst part. here~naher called the Mortgapo+. wh~ch term ss used hero~n ~n svery ~nst~nce shau mdude the Morigagor s he~rs e;ecueors adm~nistrators s.;ccessors. legal representsuves and ass~q~s. mcl~d~ng all subsequens prantees. e~t~ar voluntsry by act ot the parues or ~nvolun~a~y ~y operanon of Iaw and ;nali denote the s~ngular and/or plural ~nd rhe mascul~ne snd/or femimne. and natural sndlor srtitic~s~ oersons. whenever and wherever thg r.ontext so re Q~~ ~0S O? adm~iS ~o Riverside National Bank of FL a oank~n0 assoc~suon. o~ the seCOnd pa~t here~nafter called the Mortyagae wn.cn ?erm as used here~n ~n every ~nstance shall mclude the Mortgagse s succasso?s. tegai representahves and ass~gns including all suDsepuent dss~gnee5 e~[re~ .o!untary by act of the parUes or involuntary by operabon oi law. W I T N E S 5 E T H: TNAT for d~vers good and valuable cons~derauons, end also to securs ths payment ot the eppregate sum ol money named ~n ~he prom~ssory no~e of even date herewrth. hero~nsher ment~oned. together with mtersst thereon. and sll othsr sums ot money secured hereby as here~nafter prov~ded the Morcgagor does grant. bargam. sell. ahen. rem~se. relaese, convey ~nd con(~rm unto the Mortgagee. m!ee s~mple. 4~ the followmg land The South of the North 10 acres of the West ^ of the West %2 of the Northeast 4 of Section 7, Township 35 South, Range 39 East, St. Lucie County, Florida; less rights of way for drainage canals and subject to easement of record. TOGETHER WITH a right of way easement for access to State Road 68 described as follows: Starting at the Northwest corner of the Northeast !4 of said Section 7; thence run East 52 feet; thence run South 330 feet for a point of beginning; thence run East 20 feet; thence run South approximately 2310 feet to the North right of way line of State Road 68; thence run West along said right of way line 20 feet; thence run North 2310 feet, more or less, to the Point of Beginning, said easement being for ingress and egress to the subject property first hereinabove descri~ed. UC ~ C ~ y~~ '-~c - F':. _ ...ci ~u - I C'c:~ . . , - _.~~J f"~ II ~ A!i buildings. structures. and improvements Of every neture whatsoever now or hereefter Srtueted On the said property. and aH fumiture. furnishings. es mach~nery equ~pment ~nventory and matenals on srte. and personal property o~ every nature whatsoeve~ now or hereafter owned by 2he MorT ' and located m on. or used or mtended to be used m conneCtion wrth or wrth the operahon of sa+d property. bwld+ngs structu~es or other ~mprove i ~•.~cs ~nciudmg all eztensions. add~uons ~mprovements. betterments. renewals and replacements to any oi the forego~ng and a!I of ~ne r~gnt ntie and .~;e of the Mortgago~ ~n any such personai property or fixtures suC~ect to e cond~t~onal sales contract chat!el mortgage o~ s~m~ia~ hen or cla~m together ~~F benef~t o( any depos~ts or payments now or hereatter made by the mortgagor or on ~ts behatf ~ E Together w~th all and s~ngular the tenements. heredltemants. easements and appurtenances thereunto belong~ng, or ~n any w~se apperta~n~ng and the p ~ c~-cs :ssues. and profrts thereof. and also all the estate. n9ht. trtle. interost and ell cla+ms and demands whatsoever, as well ~n law as ~n eQu~ty oi sa~d ~ ~~cgagor m and te the sama. and evary part and parcel thereof, and also spec~fically but not by way of I~m~tahon al! gas and elecu~c f~xwres. -ad~ators. ea!e!s water pumps. au COndrtioning eqwpment, rnethinery, boilers. ranges. elevetors and motors. bath tubs. sinks, water closets. water basins, pipes. ~ ~_~ets and other plumbing and heaUng fixtures. mantels, rofngeraUng plants and ice boxes. window screens. screen doors. veneuan bl~nds. co~mces. storm ~ ..t,ers and awrnngs, which are now or may hereaher perta~n to or be ustld wrth. in or on sa~d prem~ses. even though they be detached or detachable are and ~ =-3"~ be deemed to be fixtures and accessoriea to the freehold end a part ot the reaity. i ?d HAVE AND TQ HOLD the same. together with the tenements, hereditaments and appurtenances thereunto belong~ng and the rents. ~ssues and ~ ts thereof. unto the said Mortgagee. ~ Tne sa~d Mortgagor hereby covenants wrth the sa~d Mortgagee thet !he sa~d Mortgagor ~s mdefeasibly se~zed wrth the absolute and fee s~mple hNe to ~roperty. and has full power and ~awful authonry to sell. convey. transter and mongage the same. that it shait be Iawful at any ume hereaher for che ~ ~,regagee to peaceabty and qu~etly enter upon, have. hold and enjoy sa~d property, and every part thereoi, that sa~d property ~s iree and d~schargea irom a11 ~-~s encumbrances and Cla~ms of any kind. ~nd~dmg taxes and assessments. ezcept those that may be set out ab~ve or here~naher. [hat [he Morrgagor w+ll ~ a~e at Mongegor's expense and at no expense to Mortgagee suth other and /urther assursnces to pertect the tee s~mpie atle to sa~d Iand. f~xtures and per- -~•a! property m the Mortgagee as may hereaher be requ~red: and that the Mortgapor heroby fully warrants unto the Mortgagee the btle to sa~d property and . detend•tAe same aga~nst the iawful cla~ms and demands oi ail persons whomsoever ~ NOW. THEREFORE, the cond~t~ons ot th~s mortgage ere such that the Morteagor shaii well and truly pay unto the Mortgagee tha -eb!edness ev~denced by that certa~n prom~asory note o( even date herewuh. made by the Mortgagor and payable to the Mortgagee ~n the .T ~ , FORTY TNOUSAND Air~ ~~0/100------------------------ 40,000.00 -c pa. sum ot (S 1 the final ~ >,m~ent of which ~s due on ~Y 2~. 1988 . together with e~y note or notes hereafter executed bv the Mortpagor - _~e:nby and m accordance wrth paragraph s~xteen ot th~s ~ortgage as hereinaher set forth and sewred by the I~en of th~s mortyage. together wrth ~nterest as ~ =~~e~n stated. and shall perform, comply wrth and ab~de by each and every the sGpulaUOns, apreements. condrt~ons and covenants contamad and set forth ~n ~ ~ s mortgage and m the prom~saory note secured heroby. then th~s mortgage and the estate ~areby created shall cease and be null and vo~d ~ ` AND. the ~Aortgagor doss hereby covenant and agree. a ~ 1 To perform, comply wrth and abide by each and every the supulst~ons. agreements. cond~UOns and covenants cont~~ned and set torth m sa~d ~ ssory note or notes. this mortgage and. ~f appl~cable. the loan agreement between the Mortgagee and Mo:tgagor ~ ' 2 To pay the ~ndebtsdness secured by th~s ~nstrument snd accord~ng to the true tenor snd eNect of the prom~ssory note here~nabove menuoned or ' ~>~v renewal therooi. prompNy on the day or days the seme severslly become due ~ ~ ~ 3 To pay. beJore becom~ng dehnquent. aU o4hgat~ons. sncumb+ances. taxes. assessmen!s, pav~ng, s~dewalk. sanrtary and other assessments lev~es ~ ~ens. now or hereaher levied or imposed upon or a a~nst the mort a ed ro g y g p perty. and to exhibit to the Mortgagee be~ore such taxes. assessments. ~ a~.s and encumbrances become delinquent the oNicial receipts for payment thereof, and ~f the same or a~y part thereof be not pa~d betore becemmg ~e~~~quent the Mortgagee may at any time pay the seme wrth eccrued mt6rost and charges. if sny. wrthout warv~ng or aftect~ng Mortgagee's opaon to ~ ';~PCaose th~s mortgsge, or any nght hereunder. and every payment so made ahell Dear ~nterest trom the date thereoi at the h~ghest rate author~ied by law ~ a~i such paymenta w~th ~~terest shsll be secured by the hen heraoi (~j(~ " sMTO.I~t~~ Moaos4-~is ~f~i~ Pa~ ~ ~ 3. ; - - - _ ~ ~ ~ ~~~r t.~ ~