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Home My WebLink About0955 Return [o: 1' 1' ~ 6~30833 r7~~.f:~.~i~~~ i: ~c:~~ ,,o,~~~iii~~~~ JxAl~rN BLACH E;ANKltJG C:NYcZ , ~'=Sc~utheast Banks p. ~°x' i~~~i„~~~ .ensen Qe~ch, Fiorido 33457, MORTGAGE TH{S MORTGAGE executed th~s_14 day ot November _ 1984 at Jensen Beach___ _ 'i bY Koger r'. Schroth and Kathryn E. Schroth, his wife II ~~~e !ust part. here~nafter catled the Mortgagor. wh~ch term as used herem ~n every ~nstance sha~l ~nciude [tre Mortyagor s he~rs eaecutors administrators rssors legal representat~ves and ass~gns. ~nclud~ng all subsequent grantees. e~ther votuntary by act oi the part~es or ~nvotuncary by operat~on o~ ~aw and denote the s~ngular andior lur I and the mascul~ne and/or tem~nine. and natural and'or arUf~c~a; ~prsons. whenever and wherever !hg context so re :•c~5 0~ ~dR,~rs ~o Southeast ~an~~ N•~• Jensen Beach Banking Center t~ BOX 7 Iensen $e€3Ch F~L "3~4~7 a oank~ng assoc~at~on ot tne second part heremafte~ cailed the Mortgagee wh~cn *'as used here~n m every ~ns ance s ail in lu e the Mortgagee s successors lega! representat.ves a~d ass gns ;ncuding all subsequent ass+ynees e~~her . r~cary by act of the parues or ~nvofuntary by ope.aUOn of law. W I T N E S S E T H THAT for d~vers good and valuaDle cons~derauons. and also to secure the payment of the aggregate surn of money named ~n the prom~ssory note of . c.ate herewrth here~nafter men!ionad together wrth interest thereo~ and all other sums o( mon~y secured hereoy as here~nafte~ pro~~~ded the . ~;~:~ar does grant. bargam sell. alien. rem~se release convey and co~firm unto the Mortgagee ~n fee vrnple. - ~`~e foilowinq land **Lot \0. 175-H, Section i, in that certain condominium known as OL'TDOOR RESORTS OF A?fERICA :~T \ETTLES ISL.~~D, as sh~~wn ~v the plat recorded in the office oi the clerk of the Circuit Court in and for St. Lucie Count~•, Florida, in Plat Booi: 16, Page I:IA througll 1J.** RE'C?IVC(1 °j. _ • / ^ -,~.i~.;r (~i T7YiS . ~ t~~~ ~ . Due On ; ~sti . . _ , . p~r,~an.1c _ _ . _ U~ ,_:rl. - / Cer~ Ci~:~ii; C~.. Lu,~.. C~.. F!i.~~l~ . • bu,l~::nys sr:,ctures and ~mprovements of every nature whatsoever now or hereafter s,tuaced o.^. the sa~d prope~ty. ard all f~rn~ture furr:~sn~nys. ^a nr,er: eq,:~.;ment ~nventory and matenals on s~te and persor.a~ oropert~ e~ e~ery ;,a;ure v:ha:soe~er now or herzafte• ~y4n~~ , n, ~-~Fr '~9:;rr _ ~,~:r;1 .~n or used or mtended to be used :n connect~on w~th or w~th tne oper~t~o~; uf ;a~a p~ope~,~ bu~;d:rqs str„~turu~ <,±r;~. •,pru.e t-::; :3ii ext~ns~ons add,t~ons ~mprovements betterments renewa!s an~ rep~a:ements ,u any ef ihE f~reyo ~~q and a!i of ;~~e ~;y~~± ~rt~e a~~~i ~:1 ;r~qayor ~n any such personal property or fiztures sub~ect to a cond~t:or,a! sa!es cen[ract _t,a.tel mu~tgaye e~ s~m,iar ;,e~~ c~a:m toqe,r e~ ` :~I•~c+f ~ of .~~ti- depos~ts or payments now or hereafter made by the mortyago~ or ~n :,s beha!~' f --~ether w~tn a1i and 5inguiar the tenements, heredrtaments. easements and appurtenar.ces ihereuntc be~org:ng. or :n any wise apperta!mng ar,d the t ~ ~~ues. and profrts thereot. and a~so a~i the estate. right, Ltle. mterest and ali cla~ms and demands whatscever as well ~n iaw as ~n equ~ry of sa+d ~ ~:;:~~r ~n and to the same. and every part and parcel thereof, and also s~ec~ficaily but not by way of t~mrtat~on a!! gas and electnc f~xtures rad~aiors ~s wate. oumps. air concJibon~ng equipment. machinery. boders. ranges. elevators and m~to~s. bath ±ubs. s~nks water ciosets water bas~ns p~pes. ~ .r's and other plumbing and heat:ng fixtures, mantels. refngeratir.g piants and ~ce boxes. rn•~ndow screens screen daors. venetian bi~nds co~n~ces. storm and awn~ngs wh~ch are now or may hereafter pertam to or be used w~th. ~n or on sa~d prem~ses even though they be detached cr detachabte. are and deemed ro be fixtures and accessones to the freenald a~d a par, of the realty ~ 'C HAVE AND TO HOL~ the same. t~gether wrth the tenements. hered~taments and appurtenances the•eunto be~ong~ng and the rents ~ssues and R :~:ereof, unto the sa~d Mortgagee ~ "~e sa~d Mortgagor hereby covenants w~th the said Mortga~}ee that the sa~d Mort~agor ~s ~ndefeas~biy se~zeA w~th the absoiute and fee s~mple utle to a~operty. and has fuli power and lawtul authonty to seli, convey. transfer and mortgage the same. that ~t shail be lawful at any Ume hereafter for the ~~:iayee to peaceabiy and qu~etly enter upon. have. hoid and en~oy said property. and every part ihereof, that sa~d property is free and d~scharged from a!1 enc~mbrances and ciaims of any k~nd. ~ncl~d~ng taxes and assessments. except those that may be set out above or heremafter, that the ~~1c~r,gagcr w~il ~ ~ a! Mortgagor~s expense and at nc expense to Mortgagee such other and further assurances io perfect the fee s~mple utle to said !and fixtures and per- ~ : a~operty in the Martgagee as may hereaher be reqwred: and that the hlortgagor hereby fu~ly warrants unto the Mortgagee the Utle to said property and 'efend the came against the lawfu! daims and demands oi all persons whomsoever ~ ':O~L' THEREFORE. the cond~t~ons of th~s mortgage are such that ~f the Mortgagor shafl rtie!I a~d truly pay unto che Morcyagee che ~ ~;~edness ev~denced by that certa~n prom~ssory note of even date herewrth, made by the Mortgagor and payable to the hlortgagee ~n the ~ ~ **Fifteen Thousand tiinet}~ one and .92/lOG%~*----------- ' 15,091 .9~** the final g :;ai sum of ~~F ~ . ~.t of vYnich is due on together wrth any note or notes hereafter executed by the Allortgagor z ~ ~y and ~n accordance w~th paragraph s~zteen of th~s mortgage as here~nafter set forth and secured by !he I~en of th~s mortgage. together w;ih ~nterest as stated and shall pericrm. compiy w+th and abide by each and every the st~putat~ons. agreements. cond~UOns and covenar.ts conta~ned and se; torth ~n ~ oregage and ~n the prom~ssory note secured hereby, then th~s mortgage and the estaee hereby created shail cease and be nuil and vo;d ~ND. the Mortgagor does hereby covenant and agree 1 To perform. comply with and abide by each and every the sUpulations, agreements condihons and covenants conta~ned and set fo!th ~n sa~d r~ssory note or notes. this mortgage and. ~f appiicable, the ioan agreement between the Mortgagee and Mortgagor 2 To pay the ~ndebtedness secured by th~s ~nstrument and according to the true tenor and effect of the prom~ssory note here~nabove ment~oned or ' ~ renewal thereot, promptly on the day or d'ays the same severally beceme due ~ 3 To pay. before becom~ng delmquent, ail obhgations. encumb~ances, taxes, assessments. pav~ng. sdewalk. sanrtary and other assessments. lev~es ~~~s now or hereaher lavied or ~mposed upon or agamst the mortgaQed property. and to exh~b~t t~ the AJlartgagee before such taxes assessmerts. ; and encumbrances become dehnquent the oH~aal rece~pts for payment thereof. and rf the same or any part thereof be not pa~d before becemmg € ~_;uent the Mortgagee may at any Ume pay the same wrth accrued ~nterest and charges. ~f any, wrthout wa~wng or affecang Morcgagee s epbon to € = ~se th~s mortgage. or any nght hereunder, and every payment so made shall bear ~nterest trom the date there~~f at the h~ghest rate authonzed by iaw ~ : a~i such payments wrth interest shell be securad by the hen hereof . ~ ~ ~ 7llf~~~ 7i(:~ ~ ~ ~~MTG-17(R~r.6/76) M06d54-O15 ~ . ~ ,,,Y ` - - .~y -y ' ~t +~g. ~~x;r -ea~~' r y.'' .~W",:~,~e~~~~rra~i~il~~~~~ i ~ - ~