HomeMy WebLinkAbout0990 ` 3 "v~S/// ~ ?
TI}IS IS A BALLOON MORTGAGE ANA THE FINAL PAYMENT OR THE BAI.ANCE DUE UPON MATURITY IS
$ :,s~nn_~n , TOGETHBR WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCII~tENTS MADE BY
THE MORTG¢GEE UNDER THE TERMS OF THIS MORTGAGE. ~
R~BN~ In Pevment Oi Taxos
' Due On Ctass "G' In:a~,~:r Pe:» ~,r F'roPertY.
MORT(iAGE 6~~10~ Pur~unnt To Chap:e~ ~i, i~~, ~L~S Vf 1971,
RO~ER P017R.1S
' Clerk Ctrcu{t Court~ St Lucie. Co., Fi~1..~rt
TNIS MORTGAGE. ~x~cut~d th~ ~ E r r day of July „~984 221 Okeechobee Rd
Ft. Pierce, F1. py SUNSHINE BUILDERS OF ST LUCIE INC
oi tt+e fxst p~rt. MninaftK CNMd tM Monppa. which t~rm n u»d Mnin i~ ~wry insune~ sl+all includ~ tM Mortyapa's M~n. ~.ecutors. ~dmm~str~ton.
su~csssors. IpN rpr~ntatiws ~nd ~~sip~+s. inc~udinp aN wbwqwnt qnnt~ts. ~itMr volunt~ry by ~et ot tM pa?ties or mvoluntsry by operauo~ ol law. snd
sheli de~ot~ tM si~pul~r snd/w plunl •nd tM masculin~ snd/or hminin~. ~nd natu~al ~nd/or aniricial oRrwns. whenwer and wMrever the context so re-
ou~ros w adm~+s to RNERSIDE NATIONAL BANK OF FIARID~
• b~n inp aawciation. 01 tM second part. hers~nsher catled the Mongsgee. wh~ch
terrn as used Mroin in ~wry inst~nc~ ~hNl inttud~ tM Mortpa~i ~ weeesson. Ipal rspres~nt~trvss snd ass~gns. mclud~ng a11 wbsequent ass~gnees. e~ther
voluntsry by ~ct ot the Wrti~s or involunt~ry by op~ntion of law.
WITNEfsETN:
THAT fw divws Qood ~nd v~~uabN e~sid~+~tions• ~nd Nso to Ncun tM W~rm~nt ol tM apprspate wm o( money nsmed ~n tM prom~ssory r+ote ot
even dats Mrwvith. MninahK m~ntiaNd. top~tMr with int~nst tMreo~+. ~nd •11 otMr sums o( money sscured hereby as he?smatter provided. the
Mortgaqw dws p~nt. barpai~. NII. Ni~n. ?smiN. nNaf~. tonwy ~nd confi~m unto tM Mortp~9N. in fse simple.
IAi the followirq land:
;
I ~ i
~ l j
Lot 15, Block 271, PORT ST. LUCIE SECTION THREE, according
•to the Plat thereof, as recorded in Pl.at Book i2, pages 13A ~
through 13I, of the Public Records of St. Lucie County,
Florida. '
T'~iIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY IS
$ 45,000.00 , TQGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE
BY THE riORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.
i 18i All buildin~s. structurss. and improvsmena ot ewry naturs whatto~vs? now or Mnshsr sitwted o~ ths ssid property. and aU (urnicure. tum~shinqs.
t~xtures. machinery. equipment. invsntory s~d matsrisls on sits. and psrsonsl propsrty o( evsry ~atu~e whatsoever now or hereaher owned by the Mort-
i gagor and loceted m. on. or used or interxf~d to bs us~d in conneCt~on vmtF? or with tM op~r~tion of sa~d property. budd~ngs. structures or other improve-
; me~~s. ~ncluding s!1 extensio~s. additions. improvsmsnts. bensrmsnts. rsnew~ls and repl~cemants to sny o~ ~he foregoing. and sll ot the r~gAt. t~tle a~d
; ~~,e~es~ of the Mo?tgsgor m any such personal propeny w 6zturss wbjsct to s condmonal sales contrsct. chanel mOrtgege or Simdat lien or cla~m together
E tiv:th the benef~t oi any deposits a payments now a hersaher m~de by the mortgagor or on tts behal(
; Toq~th~r vriM dl ~nd sinpular th~ t~m~nts. 1~ndit~m~nts. uwmK+ts ~nd ~ppurt~nanas tMnunto belonginQ. w in any wiss appsrtsinirtg. and the
~ •ents. issues. ~nd profits tMrsof. ~rb ~Iw ~11 1M ~atat~. riph~ titl~. int~t ~nd NI cl~ims.~nd dem~nds whatsosver, as wNl in law ~s in squiry. 01 said
~ ".~ortgapa in ~nd to ths same. ~nd swry p~rt ~nd Wru~ thsrwf, snd abo sp~cific~lly but not by way of limitation alt gas and slsctric fixtu~es. radiators.
neeten. w~ts~ pumps. ~ir conditionin~ squpm~nt. m~chin~rY. balen. ~~np~s. sl~vaton and moton. bsth tubs. sinks. water closets. wster basins. pipes.
~ taucets. ~nd otl+~r plumbiny and hsatinp fixturos. mantN~. rship~ratinp pt~nn ~nd ics boxss. window scresns. screen doors, venetian blinds. com~ces. stwm
shuttnrs snd avv~inps. which ers now or may hsnah~r psrt~in to or b~ ufsd with, in or on taid prsmises. sven though they be detached or detachsble. are and
p ~he!1 be dsem~d to b~ fixtures and accsaoriN to tM fnshold ~nd a part oi cM reelty.
~ TO HAVE AND TO HOID ths ~am~, topstMr with tM t~n~msnta. Mrsdit~msnta snd eppunenancss thsreunto belonging, and the rents. issues end
~ pro!sts thsrooi, unto tM said Mortppse. .
The said MortQayw hsrsby cownanb with th~ aid Mortpiq~s th~t tM srid Mortgs~or is indeisasibly ssi:sd wich ths sbsolute and tee simple titb to
~ sa~d propsrty. ~nd ha~ !u!I powsr ~nd lawlul ~uMority to ~sll. conwy. tr~nsi~r ~nd monysgs ths seme: that it shall be Iswtul st any time he~esher lor the
~ Mortgagee to pe~esaWY and Qui~tly ~ntK upon. Mvs. hold and snjoy ~id propsrty. and swry pa~t thsroot: tf?at ssid propsrty is iree and dischsrgsd from all
=:ens. encumbrsnas snd claims of ~ny kind. includinp taza and ~s~sssm~nt~. ~xc~pt thoss that may be set out abovs or hereinahsr: that the Mortgsgor will
~ rneke st MortQsQor's expen~s ~nd ~t no sxpsns~ co Matp~y~s such othsr ~~d furtF~ aswrsncss to psriect ths fse simpls titk to said land. fixturss and per-
sanat propsrty in ths Mwt~agss as msy h~rsaftsr b~ roquirod: ~nd that th~ Matqapor hsreby fully wsrrants unto ths Mortgsgee ths titk to ssid property and
w,~~ defend tM ~ame ~p~inst the I~wfut claims ~nd demend~ ot ~11 pNwns whomsosvsr.
,
~ NOW. THEREFORE, ths co~ditions ot this mortpa~ an such that ii tM MatQspor shall wsfl and truly pay unto the Mo?tgsgee the
~ ~ndebtednsu ~videnced by that csrtsin promitwry nots oi swn dat~ henwith, mads by ths Mongagor and paysble to the Mortgsgse ~n the
~ ~~;nc~pal wm ot ~RTY FIVE THOUSAND AND NO/100-------------------- ~s 45,000.00 the final
peymA~t Ot whidl is dus on January 30, 1985 , to~thsr with ar?y nots or notes hereaher szecuted by the Mortgagor
hereirtby and in ~ccordsncs with pan~r~ph sixt~sn of thi~ monpsq~ ~i hirsin~hK wt forth snd wcursd by the lien oi thia rtwrtgage, together vinth mterest as
~?+e~sin ~t~tsd. and shall psrform, comply with snd ~bids by ~ach ~~d sv~ry th~:tipulations, p~semsnts. conditions snd covenants cont~ined and set torth ~n
= r.h,a irwrtpp~ ~nd in ths promissory not~ sseuhd Mnby. tl~sn thi~ mortQp~ and tM sstate hsnby ero~tsd shatl cease and be null end void.
AND, tM Mortyaqa doss Mrsby oovsnant and sprN: -
1. To pKio~m, comply with and abid~ by each ~nd ~wry ths stipulatiom, a~neme~ts, conditions and cove~ants contained and set to?th ~n said
promissory not~ a notes. this mort~ ~nd, ii ~ppiiubl~. tM b~n apnert?Mt b~twNn th~ Mo?tya9~e snd Mortgago?.
g 2. Ta p~t tM ind~btad~sss s~cund by this imtcum~nt and ~ccordin~ to ttw trw tenor and ~Hect oi the promissory note hereinsbove ment~oned or
Y ot artiy rK»wal tMrwf. a«rwcM o~ tn. dnr or d.ys u,. ame ..wraiw e.com. du•.
4
~ 3. To ph?. b~ton Mcon?irp dNitWu~nt. ~q oblipations. ~ncumb~r?c~s. tsx~s. ~a~ssm~nts. pavinp. sidew~lk. san~tary and other assessments. lev~es
~ or lisns, now w Mn~R~r Iwi~d a in+~~d upw~ or painrt tM mortpap~d prop~rty. and to sxhibit to ths Mortg~gss bsfore such tsxes, asses:ments.
I~e~s and ~ncumbnnt~s b~oom~ dNinqwnt tM official r~uipn ta psvm~r?t th~not. ~nd H ths sam~ or any pan ihereot bs not pa~d betore becom~ng
~
~ delinqu~nt tM MatppN mhr ~t ~ny tim~ phr tM ume with accrwd int~nst ~nd charp~s, ii any. without w~iving a affecting Mohgsgee's option to
; foreclos~ this matpp~, a my ri~ht Mrwnd~?. ~nd ~wry paym~nt so msd~ shall be~r intere;t from tM dsts therooi at the h~?sst rsts suthon:sd by law
end •11 such paym~ntt with intsnat shaN bs Ncund by ttu li~n 1?K~ot.
' ~ ' . ~ , 9L~rK ~ PkGE c7c~11
s.,Krai~tR•r.u»~ Mososs.ei~ - -