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HomeMy WebLinkAbout0945 . , i~, ' . lIIVlRi1D! NATIONAL ~ANK O~ R1.0111DU ~~~~C~ 2~11 OkNChobes Rd Ft Pl~rce, ~lorida 334b0 TH~g ~$AgALLipQN MORT~3AQE ANDTHE FINAI.p111NCIPALPAYMBkTORTHE PRINCIPAL 6ALANCE DUH UPON MIITURITY 18f ~~~~~1 TOOETHER WITH AiCCRUED INTERE8T~ IF ANY, AND ALL I1D'VANCEMENTS NIADH Blf THE N~Oi~TAAGEE UNDER THE TER OF 1 MORTGAGE. BA~LOON MOi1TOA0E THIS MORTOA(iE, executed thia 2~rd day of . Jsnuarv _ 19_.$Z__ at ~~11 nkeoehn}, Rnad ~ Ft. Pierce, FL by ~'7 ~ of the 8rat pert, hereinaf~srcalled the Mortpaqor,whichterm as uaed herein tn evary inetsnce ahali Include the Mo~t~s~ors hsira, sxacutora. administ?ators, aucxsasors,lepalrepreaentaiNesandassIpns.includin~~llsubsequentq~antses,eithsrvoluntarybyactolthspartieswtmrolunlarybyopsratianofiaw.a~d shail denote the ain~ular and/or plural end the masculine a~d/or feminine, and netural and/or e~tHiciai persons, whenaver and wherever the context so re~ qui~sa or admits to RIVER3IDE NATIONAL BANK OF FIORIDA, a bankin~ asaxistlon, of the aecond part, heretnafte~ called the MortQayee, which tenn as uaed herein in every Insta~ce ahell fnclude the Mortga~e'a suoceaaors, leqal representativea and assigna, includir~q all aubaequent aasignees, either voluntary by acl of the panies or involuntary by operalion o law. WITNESSETH: THAT for divers good and valuabie consideratlons, and also lo secure ihe payment of the aqgreyate aum of money named in the promissory note of even data herewith, hereinafter mentioned, tapether wfth interept thereon, and all other sums of mo~ey aecured hereby aa heretnafter p~ovided, the Mortfla~or doss grent, barqain, setl, al(en, ~emiae, releaae, convey end oonf(rm unto the Mongayee, in fee aimple, (!q the (oliowing len~ Lots 2, 3, and k, Block 623, PORT ST. LUCIE SECTYON THIRTEEN, according to the Plat thereof, as recorded in Plat Book 13, Pages 4, 4A through 4M, of the Public Records of St. Lucie County, Florida. 2 M1 /b s . e-~-~' . ~ J~O' U vln psynee~+~ Of tsxN `r, ~ T~,T ~ F l_ C7 R i D~. ~ R.~.~~ S„C--- ~b~ P~~ P~'~'' - ` • pue On Class In1ang _ . . . _ , , . . , ~~,134, Ads Of ~ Pursuant To GhaP ~ q pOUGLAS DIXON, = F.d. - fEBll'87 ~;:~`~~a''''~'-~'9 Z~ 1. 5~ ~ G'utuil CA~~, St. Id1t~l~ CO~ ~ ~ ~7J~~ \:!+:"..%-~~f~ i~ All buildings, structurea and improvemsnts of every nature whatsoever now or hereafter aituated on the said property, and all furniture, turnishings. fixturea, machinery, equipment. inventory and materiab on site, and peraonal property ot every nature whataoever no~~r a heresfter owned by the Mort- , ga~or and located in, on, or uaed or intended to bs us~d in connection with or with the operatbn of asid property, buiidings, structurea or other improve- ments. including aN extensions, additbns, improvsnNnts~ betterments, ranewals and replacementa to any of the tore~oing, and all ot the right; title and I intereat af the Mortgapor in any auCh peraonal popKty ot fixtures subject to a conditiooal sales contract. chattei mortgaye or simfler lien or claim together ~ with the benefit of any deposita or peyments now or hereafter made by the Mortgapor or on its behaif. ~ Topetherwithallandainyularthstenemenls,here~itamenta.easementeandappuRenanceathereuntobelonging,orinanywiaeappertaining,andthe rents, isaues, and profits thereof, and also atl the estate~ ~ht, titla, interest and ail claims and demands arhatsoever, aa well in law as in equity, of 3sid Mortfla~or in and to the aame, and every paR and parcel thereof, and also specHlcaly but not by way of limitation ail gas and electric fixtures, radiators, heatera~ water pumpa, air conditbninp equipmant~ machinery, boflers, ranpe8, elevatas and motaa, bath tubs, ainks, water closets, water basins, pipes, faucets, and other plumbing and heatkfy Hxtures.mantets, refripera4inp plants and Ice boxes, window screens, acreen doors, venetian blinda, cornices, storm shuttera artd awninga, which are now o~ may herea(ter peRain to or be used with, in or on aaid premises, eve n thQUgh they be detached or detachable, are and ahall be deemed to be fixturea and acceasories to the ireehold and a~part ot the reaFty. TO HAVE AND TO HO~D the same, to~ether with the tenements, hareditam8nta end appurtenances thereunto belonging, and the rents, issues and profits thereof, unto the said Mort~ayee. . Tha seid Matgeyo~ hereby covenanta with the sald MortQaQee that ihe aaid Mortflaqor is indefessiby aeized with the abaotute and tee simple title to said property, and has tull power and lawiul authority to sell, corney,lranster and mortflaye the sama; that i! shall be lawtul at any time he~eaRer for the Mortga~ee to peaceaby snd qubty enter upon, have, hald and enjoy said propeAy, and evsry part thereoF. that aaid property ia (ree and discharged f rom all liens, encumbrances and daima of any kind inciudinp texes and asseaaments, except thoae that may be aet out above or hereinafter, that the Mortgagor will make at Mortqaflors expense and st no expense to MoRqa~ee such other and fuRher asaurences to periect the fee simple tltleto aaid land fixiures and per- sonal property in the Mortgsgee sa mey hereafter be tequ(red; antf that thA MoRqasor hereby fully wanents unto the Mortgayee the title to said property and will defend the aame apat~st the lavrful ctafma and damands of atl persona whomsoever. NOW, THEREFORE. the conditbns ot thfs mortype are such that H the MortQeqor shall well and truy pay unto fhe Mortgs9ee the indebtedneas ovidenced by that cenain promisaory note of even date herewith, made by the Mortyayor end payabie to the Mortgagee in the ~inCipal sum of ONE HUNDRED 5IXTY FIVE THOUSAND AND NO/100----------- ~s 165.000.00 the tinal paXmeni ot which ia due on Januarv 23, 1990 to~ether with any note a nates heresfter executed by the Mortgayor hpreinby and in aocotdarfce vrith paraqraph eixteen d this moR~aqe as herainafter aet forth and secured by the I~en ot this mortpa~e, fo~ether with interest aa thereln stated, and shall partorm. complywilh and abide by each end everythe stipuiations. a~r6ements~ conditions and covenants contained and set torth in this mortfla~e and in the promissory note seCUred heraby, then this moR~e and the eataie hereby created aAalt ceaae and be null and void AND, the MoRgasor doea hereby covenant and eqrse: ~ 1. To parform, comph? with and ~bfde by each and evsry tha stipulatbns. eqreements, conditto~s and covenanta contained and set forlh in aaid promiaaory note a notes, this moRyaqe and, N applfcable, the loan aQreement batwean the Mort~aQee and t~Aortga~or. - 2. To pay lhe indebtednsss sscured by lhts fnatrumsnt and accordinq tothe true terwr and eHect of the promtssory note hereinabove me~tioned or d eny renevval thereot, promptly on the day a days the same aevenlhr become due. 3. To pay, before becominy dslinquent all oblisationsr ~noum4rences~taxea, aasessmants, psving, sidewatk sanitarya~d other assesements,leviea or Ilans, now or he~eafter Ievied or imposed upon or ayainst the mortQaged property, and to exhibit to the Mcxt9ayee be(ae such tanes. ssseasments, . {iens and encumtxancaa bscome deHnquent the official recelpts fa paymant thsrrso~, and ~ ths same or eny pert theraof ba not petd bsfore becomtng delinquent, the MortQa9es may ai any fimepay the sams vritA accxued intersit and charqes, ff any, without waiv{np or ~Hectin~ Mortflaqee's optbn to ~ forsctoss this mortga9e, or any rish! hereunAer, and evsry paYmsnt so made sh~l! bser tnterest hom the date ths~eoi at the hishest rate authorized by law ` and all auch peymenta with lnterest ahsll bs ascwed by ths lisn hs~eot ~ RIVERSIDE NATIONAL BANK OP FLORIDA 3-MTt~-17(Rev.12/85) M060-64-016 THI81N8TF~UMENT PqEPARED.BY: P.O. BOR 3~0 ~{{~~j~ 5 3 ~ P~V 9~ 4 FORT PIERCE, PI. 3345k . ~ . i _.y. 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