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Home My WebLink About0976 / . '7~6'755 RIVERSIDE NATIONAI BANK OF FIORIDA 2211 Okeechobee Rd. Ft. Pierce, Florida 33450 MORTGAG E ~ i THIS MORTGAGE, executed Ihis 5~ day of F~ru~Y 1986 a! 2211 Ok~EC~'10~ RC)dd 4 Fort Pierce,FL by Clifford ~yer and Kathy Royer, his wife _ ; :t the first part, hereinalter called the Mortgagor, which term as used herein in every instance shall ir.clude ihe MoRgagot's heirs, executors, administrators, ~uccessors.legal representatives and assigns, including a11 subseque~t grentees, either voluntary by act of the parties or involuntary byoperatian of law, and shall denote the singular end/or plural end the masCUline and/or feminine, and ndtural end/or artifiCial persons, whenever and wherever the Context so re- c;sires or admits to RIVER.~',IDE NATIONAL BANK OF FIORIDA a banking associati~n, of the second part, hereinafter called the Mortgagee, which r.arm as used herein in every instance shall include the Mortgagee's successors, legal representatives snd assigns, including all subsequenF assignees, either vcluntary by act of the parties or involuntary by operation of law. WITNESSETH: THAT for divers good and valuable considerations, and also to secure the payment of the aggregate sum of money named in ihe promissory note of even date herewith, hereinafter mentioned, together with interest thereon, and all ~the~ sums of money secured hereby as hereinafter provided, the ',~ortgagor does grant, bargain, sell, alien, remise, release, convey and confirm unto the Mortgagee, in fee simple, ~ 4) the following land: Ir~t 29 in Block 55 of Il~IDIAN RIVER ESTAT~S UNIT 8 1Lccording to the ~ ~p~ ~ Plat Thereof as recorded in Plat Book 10 at Page 73 in the Public F2ecords of St. Lucie County, Florida. ~ ; = . . ' R~~~ : L 7 r,; , In Payrnent Of Taxef ~y ~ . - Due Qn C~ass ••C.• Jntanf,ib'e Pers^n,~l ProaertY. Purwant To Chapter 7:, I3t, a~fs Of 1971. . . . RpGER P~I7RAS CArtc CirCUit Court, St. LuC~e, Cg., F?a, ~ i ~ 4 f ~ t j e~ All buildings, structures, and improvements ot every nature whatsoever now or hereafter situated on the sa~d property, and alI furniture, turnishings, ! "~r tures, machinery, equipment, inventory and materials on site, and personal propcrty of every natu~e whatscever now or hereafter owned by the Mort- ~ ! gagor and located in, on, or used or intended to be used in connect~on with or with ihe operation ot said property, buildmgs, structures or other improve- ~ ~-~ents, including alt extPr.sions, add~tions, improvements, betterments, renewals and replacements to any ot the (oregoing, and all ot the ~ight, titte and ~ ~ ~terest of the Mortgagor in any such personal property or f6xtures subject to a conditional sales contract, chattel mortgage or similar lien or claim together ~ ;.:?h the benefit o! any depos~ts or payments now or hereatter made by the Mortgagor or on its behaif. ~ € ' Together with all and singular fhe tenements. hered~taments, easements and appu~tenances thereunto belonging, or in any wise appertaining, and the ! rents, issues, and profits thereof, and also all the estate, right, title, interest and all claims and demands whatscever, as well in law as in equity, of said j +.iortgagor in and to the same, and every part and parcel thereof, and also specifically but not by way of limitation atl gas and electric fixtures, radiators, reaters, water pumFs, air conditioning equipment, machinery, boilers, ranges, e~evators and motors, bath tubs, sinks, water closets, water basins, pipes, ~ taucets, end other plumbing and heating (ixtures, mante!s, refrigerating plants and ice boxes, window screens, screen doors, venetian blinds, cornices, storm ~!~utters and awnings,which are now or may hereafter pertain to or be usedwith, in or on said premises, even though they be detached or detachable, are and shaii be deemed to be fiztures and accessories to the ireehold and a part oi the realty. ~ TO HAVE AND TO fiOLO the same, together with the tenements, hereditamenis and appurtenances thereunto belonging, and the rents, issues and n~cfits thereof, unto the said Mortgagee. The said Mortgagor hereby covenants •.vith the sa+d Mortgagee that the sa~d Mortgagor is indefeasibly seized with the abso:ute and tee simple title to .a~d property. and has full power and lawful authority to sell, convey, trar~sfer and mortgage tha same; that it shalt be lawiul at any time hereafter for the ~ ortgagee to peaceabfy and quietly enter upon, have, hold and enjoy said property, and every part thereot that said property is iree and discharged from all ; ns. encumbrances and claims of any kind, including ta~ces and assessments, except those that may be set out above or hereinafter, that the Mortgagorwill naKe ~t Mortgagors expense and at no expense to Mortgagee such other and further assurances to perfect the fee simple title to said land, fixturesand per- • ~~:•naI property in the Mortgagee as may hereaRer be re4uired; and that the Mortgagor hereby fully warrants unto the Mortgac~ee the title to said property and ~ defend the same against the iawful claims and demands oi all persons whomsoever. ~ NOW, THEREFORE, the conditions ot this mortgage are such that +f the Mortgagor shall we11 and truly pay unto the Mortgagee the ~ ~~debtedness evidenced by that certain promissory note ot even date herewith, made by the Mortgagor and payable to the Mortgagee in the ~ ^~~:~cipal sum of Ten Thcx~~anc3 Qn ~nc?red T i r-t~-Zt~ and 57/10~------- ~a 10,132 _ 57 the final ~ :,~yment of which is due on February 1~, 1991 together with any note or notes hereafter executed by the Mortgagor ~ ereinby and in accordance v~ith paragraph sixteen of th~s mortgage as hereinatter set forth and secured by the lien of this morlgage, togetherwith inte~ost as ~ e~e~n stated and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants contained and set torth in ~^.~s mortgage and in the promissory note secured hereby, then this mortgage and ihe estate hereby created shall cease and be null and void { AND, the Mortgagor does hereby covenant and agree: 0 x 1. To perform, compty with and abide by each and every the stipulations, agreements, conditions and covenants contained and set forth in said ~ r•omissory ~ote or notes, this mortgage and, if applicable, the loan agreement between the Mortgagee and Mortgagor. ~ 2. To pay the indebtedness secured by this instrument and according to the true tenor a~d effect ot the promissory note hereinabove mentioned or ~ an~ renewal thereof, promptly on the day or days the same severally become due. 3. To pay. beforebecoming delinquent, all obligations, encumbra~ces, taxes, assessments, paving, sidewalk sanitary and other assessments, levies ~ i~ens. now or hereafter levied or imposed upon or against the mortgaged property, and to exhibit to the Mortgagee before such taxes, assessments, ~ ens and encumbrances become delinquent the ofSicial receipts for payment thereof, and H the same or any part thereof be not paid before becom~ng ~ :eiinquent, the tNortgagee may at any time pay the same ~e+ith accrued interest and charges, if any, without waiving or affeCting Mortgagee's option to +~;~eclose this mortgage, or any right hereunder, a~d every payment so made shall bear i~terest trom ihe date thereof at !he highest rate authorized by law ar.d all such payments with interest shalt be secured by the lien hereof. ~ ~1TG-17~Rev.12/85) M060-54-075 THIS INSTRUMENT PREPARED BY: PeriIlY L. D1FY'3I10ESC.'O for ~ ~j~~ ~r~ - n~ 491 PAGE i,1~~ ~verside National Bank of Florida ~ ~ aooK 2211 okeecr,obee r,-.,-~ r-,...__ ~ ~ _ ~ _ _ x