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Southeast Bank
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MORTGAGE
TNIS MORTGAGE. executed th~s 2~th day of JV~Y . 1984 at Fort Pierce, Flor•'ida,
b~ R T L de A U I NOS ~
,~f ~he f~rst part. here~~after called the Mortgagor, wh~ch term as used here~r m every ~nstar.ce shafl ~nclude the Mortgagor's heirs. executors. administrators.
~uc~essors. legal representat~ves and ass~gns. lncludmg all subsequent grantees. either voluntary by act of the parties or mvoluntary by operaUOn of law, and
s!~a11 denote the s+ngular and/or ptural a~d the masculine and/or femirnne, and neturat andlo~ artificial persons. whenever and wherever the context sc~ re-
,:;,~~,P~ o? ad~.,~r~ co Southeast BANK, N.A. , FORT P I ERCE Dg~~IT$WaN ~A~IKI N~ CENTE~t
a in sso ia +on. o the secon dart. hereinaher called the Mortqagee. which
~~m, as used herem m every instance shall mclude ~he Mortgagee's successors. legal reprosentatrves and assigns. ~ncluding all subsequent assig~ees. erther
, c,'untary by act oi the pan~es or mvoluntary by operaUOn oi law.
W 1 T N E S 5 E T H:
THAT for d~vers good and valuable cons~derations, and also to secure the payme~t of the aggregate sum oi money ~;amed ~n the promissory note oi
en date herewith, here~nafter ment~oned. together w~th interest thereon. and all other sums oi money secured hereby as here~nafter provided. the
'.'o![gayor does grant. barga~n, sell. alien, rem~se. release. convey and confirm unto the Mortgagee, ~n fee s~mple.
~ the following land
Th~ South one-half of the Southwest one-quarter of the Northeast
one-quarter of Section 13, Township 35 South, Range 38 East, St.
Lucie County, Florida, EXCEPTING THEREFROM easements for public
. roads and drainage canals, and SUBJECT TO Florida Power and Light /a,1.5~
Company easement over the West 12 feet thereof . Fz.,_,;,,~~: y_a~~
,~'2~ ~ o; T,Y~s
D... Qn _,~e: In:~.. _....,~t! Pro er:Y.
i F~~su.~n? To Cr..:; :er : s%, A~is Of 1971.,./
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B All bwld~ngs. structures. and ~mprovements of every nature whatsoever now or hereafter s,tuated on the sa~d property. and aH furnuure, furn~sh~ngs.
~..-es machinery equipment inventory and matenals cn site and personal property of every nature whatsoever now or hereafter owned by the Mort-
and located ;r on or used or mtended to be used ~n connecnon wrth or w~th the operat~or. of sa~d property buildin ,s structures or other ~mprove-
• r, ~nclud~ng all extens~cns addrt~ons ~mprovements betterments renewa~s and replacemen?s ?o any ~f the forego~ng and all of the nght t~tle and
i •••°~t o! the Mortgayor in any such personal property or f~xtures sub~ect to a condmonai sales comract chattel mortgaye or s~m~lar I~en or cla~m together
~ne benef~t of any depos~ts or paymen[s now or he~eaite~ made by the mortgago~ or or ~ts heha~f
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7ogether w~th all and s~nqular the tenements. hereditaments, easements and appurte~ances thereunto belong~ng, or ~n any w~se appertai~ing. and the
~~ts ~ssues. and prof~ts thereof, and also all the estate. nght, t~tle, ~nterest and all cla~ms and demands whatsoever. as well m law as in eqwty. of said
'.'o~tgagor ~n and to the same and every part and parcel thereof, and also speaficatly but not by way ot 1~mrtaUOn all gas and electric fixtures. radiators.
R ~ eaters. water pumps. a~r conditioning equ~pment. machinery, boi~ers. ranges. elevators and motors, bath tubs, s~nks. water closets. water bas~ns. pipes.
~a~,cets. and other plumb~ng and heatmg fixtures, mantels. refngerahng plants and ice boxes. vrmdow screens. screen doors. veneuan blinds. cornices. storm
~•~utters and awn~ngs. wh~ch are nuw or may herealter pertain to or be used wrth. in or on sa~d prem~ses. even though they be detached or detachable, are and
~ >^a~! be deemed to be fixtures and accessones to the (reehold and a part of the reafty
TO HAVE AND TO HOLO the same, together with the tenements. hereditaments and appurtenances thereunto belonging. and the rents. ~ssues and
~ .~of~cs thereof, unto the sa~d Mortgagee ,
The sa~d Mortgagor hereby covenants w~th the sa~d Mortgagee that the sa~d Mortgagor ~s ~ndefeas~bly se~zed w~th the absolute and fee simple title to
,::f praperty. and has full power and Iawful authonty to sel{. convey, transter and mortgage the same: that ~t shall be lawful at any time hereafter for the
'."orcgagee to peaceably and qwetly enter upon. have. hold and e~~oy sald property. and every part thereof: that said property ~s tree and discharged from all
~ e~,> encumbrances and cla~ms of any k~nd. incl~ding taxes and assessments. except those that may be set out above or here~naher. that the Mortgagor will
~ ~~ake at Mortgagor"s expense and at no expense to Mortgagee such other and further assurances to perfect the fee simple title to sa~d land, fixtures and per-
-~^al property ~n the Mortgagee as may hereafter be required: and that the Mortgagor hereby /ully warrants unto the Mortgagee the trtle to said property and
~ ~i defend the same aga~nst the Iawful da~ms and demands of af! persons whomsoever
P
~ NOW. THEREFORE. the cond~t~ons of this mortgage are such that ~i the Mortgagor shalt well and truly pay ur,to the Mortgagee the
~ ~eotedness ev~denced by that certa~n prom~ssory note of even date herewrth. made by the Mortgagor and payable to the Mortg~gee in the
Do a r
~•~c~pal S~,m or Qn~ Hundred Twenty-seven Thousand Five Hundred ~ 00/l0a$ Z,~00.00 j, tne r~?,at
3~.ment of wh~ch ~s due on ~~~Y 2~, 198~ , to9ether with any note or notes hereafter executed by the Mortgagor
~~~e~nby and ~n accordance w~th paragraph s~xteen oi th~s mortgage as heremafter set forth and secured by the hen of this mortgage, together wrth interest as
k ere~h stated. and shall perferm. comply wrth and ab~de by each and every the sUpulat~ons. agreements. condmons and covenants conta~ned and set forth in
~ s mortgage and ~n the prom~ssory note secured hereby. then th~s mortgage and the estate hereby created shall cease and be. nuli and vo~d
AND. the Mortgagor does hereby cotienant and agree
' 1 To perform. comply w~th and abide by each and every the st~pulations. agreements. condit~o~s and covenants contained and set forth said
;•umissory note or notes. th~s mortgage and. ~f apphcable, the loan agreement betweer~ the Mortgagee and Mortgagor
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2 To pay the ~ndebtedness secur~d by th~s ~nstrument and accord~ng to the true tenor and eifect of the prom~ssory note here~nabove mentioned or
~ ` any renewal thereoi, promptly on the day or days the same severally become due
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~ 3 To pay. before becommg dehnquent, all obligaUOns. encumbrances, taxes. assessments. pav~ng, sidewalk. san~tary and other assessments. levies
~ I~ens, now or hereafter lev~ed or ~mposed upo~ or aga~nst the mortgaged prc,perty. and to exh~brt to the Mortgagee before such taxes. assessments.
r ens and encumbrances become dehnquent the offic~al rece~pts for payment thereof. and ~f the same or any part thereoi be not paid before becom~ng
cfehnquent the Mortgagee may at any ame pay the same with accrued ~nterest and charges, if any. wrthout warving or affecUng Mortgagee's opt~on to .
, `uredose th~s mortgage. or any nght hereunder, and every payment so made shall bear ~nterest irom the date thereoi at the highest rate authonzed by law
;,nd all such payments wrth mterest shatl be secured by the hen hereof.
, :~~`.~~439 PAGE 92-0 ~
S-MTG-17(Rev.6/76) M060-54-015 "