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RIVER8IDE NATIONAL BANK OF FL~DRIbA
2211 Okeechobse Rd
Ft. Pterce, Floride 33450
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MORTGADE ~
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THIS MORT(iAGE, executed thta 3tst aay ot March t9 87 e1 22'! 1 Okeechobee Road,
Ft. Plerce, FI. py WILLIAM F. WARD a~d LEE ANN WARD, his wife
3d~
of the firot part, herainefter called the Mortyagor,which term as used herein in every inatance shall include the Morlgapo~c hgirs, executors, administratora„
suCCessora, legal representatives and essigns. includiny all subsequent ~tantees, either voluntary by act of the parties or Involuntary byoperation of Iaw, and
ahall de~ote the sinqular and/or plu~al and ths mascuHne and/or tem{nine, and naturel and/or artitictel pereons, whenever and wharever the context so re-
quires or admfts to RIVER3IDE NATIOMAL BANK OF FLORIDA a banWng asaxiation, of ths aecond part, hareinaRer called the Mort~agee, whlch
torm ss used herein in every Instance shall include the Monga ee's auccessors, lepal representatives and asafyna~ inctuding all subsequent assiqnees, etther
voluntary by act oi the partfes or involuntary by operation o~lew.
WIrNE88ETH:
THAT for divere Qood and valuabte considerations, and also to secu~e the payment of the aggreyate sum ot money named in the promissory note of
even date herewith, hereinaRer mentioned, together with interest thereon, and all other surtss o( money secured hereby as hereinaRe~ provided the
Mortqa9or does qrant, baryein, setl, alian, remise, release, convey and confirm unto thg Mortqagee, in fee simple.
(IU the following land:
Lot 11, SHERIYOOD ACRES UNIT 1, according to the
Plat thereof recorded in Plat Book 14, page 43, Pubiic
Records of St. Lucie County, Florida.
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Rece~ve DQCUhA~_ NIARY;~;~;..,>~.~_____----------
D~ On Class ~•L„ ~ntang~ble Personal Properiy, ~ Z, ~ OfP7.Of REVENt1EA.~ ~`•-1 ~
t To Chapter 71, 134, Acts Of 197 u~ _ = 3 0. ~ 0 ~
Pursuan < ~ ~ P 6 = APR 13'6T '
bOUGLAS D1X0~ m i;.i~3 '`...s.,.F
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Cierk Circuit Cour1, St. Lucic, Co., F 1a•
All buildings, atroctures, and improvements of every nature whatsoever now or hereafter situated on the said property, and all turniture, furnishtn~s,
tixtures. machinery, equfpment, inventory and materiats on site, artd personai property o( every nature vrh~tsosver now or hereafter ow~ed by tAe Mort-
yaflar end bcated iq on, a uaed w intended to be used in connection with or with the operatbn of said property, buUdinys, structurea or other tmprove-
ments, inciudi~y all extensions, additiona, improvementa~ betterments, renewais and replacements to arry of tPf~ iotpoiny, and ail of the rtyht, t81e and
inte~eat of the Mortga~or in any auch peraonat property or fixtures subject !o a conditional aalea contract, chattel mo~tsape or similar lien or ciaim together
with the beneiit of any depoaits or paymenta now or hereafter mads by the Mortgegor or on ifs behaN.
Toflether with a!i and sinpular thelenements, hereditamenta, easements and appurtenances thereunto bsbtqinQ, or ln any wise appertaininq, and the
renta, issues, and profits thereot, and alao all the estate, riyht, title, interest and ali ctaima and demands whttaosy~r~ as welt i~ iaw as in equity, of setd
Mortqagor tn and to the same4 and every paK and parcel lhereot, and atso apecHicaly but not by way of limltation aq Sas and elect~ic iixturea, radiators,
heatero, water pumps, air conditioniny equipment, machinery, boi{era, ranyes, elevatora and motora, bath tubs, sirtks, water cbsets, water basins, ptpe~
faucets, and other plumbi~ and heatinfl fixtures, mantels, rofriqeretin~ plants and ice boxes, window screena, sC~aren door~ venetlan bUnds„ cornicee, atorm
ahutters ar~d awNnps, which are now or may hereattar pertain to or be used with, in or on aald premises, even thoush they ba detached or detachable, are and
shaii be deemed to be fixtures and accessoriea to the freefiold and a pan of the realty.
j TO H/NE AND TO HOLD the same, together with the tenemente, hereditaments and appuRenancea thereunto belongir?g, and the rents, issues and {
I profits thereof, Unto the sald Mortqayee.
~ The aaid Mortqagor hereby correnants with the aeid Mortgayee that the said Mortgapor Ia indefeaaibty seized with the ebsolute and tee simpta title to
sald property, and haa full power and lawfa! aWhoriy to sefl. convay, trenafer and mortya~e the same; that it shall be lawful at any time hereafter for the
Mortpapee to peacaabiy and qubty enter upon, have; hold and enJoy aaid property, and every part thereof; thet aald propeRy is iree and discharfled from aii
ltens, encumbrances an~ claims oi arry k(r.d, tncludiny taxes end assesamenta~ except those that may be aet ou! above or hereinafter, that the Mo~tgagor will
make at Mortpagora expense and at no expenae to MoRgayee such other and furlher asaurancea to peAect the fee simple title to said land fixtu~ea a~d per-
4 aonal property in the Mortgapee ss may heresfter be required; and that the MoR~aqor hereby fully warranta unto the MoRgagee the title to said property and
will defend the aame against tha lawful claims and demends of all persons whomsoever.
NOW, THEREFORE, the condttio~s of thle mortyaqe are such that Ft the MortqaQor sha!! wetl and truy pay unto the Mortgayee the
Indebtednesa evidenced by that certain promisaory note of even date herewith, made by the Mortqaflor end payable to the Mortyagee In the
prtnctoat sum of TWENTY THOUSAND AND NO/ 100---------------- ~s 20, 000. 00 the t~na~
payment of which la due o~ Anrit t 5. 1947 , topether with any note or notea hereafter executed by the Mortgagor
hereirby and in aocordance with pareQraph slxteen ot this moAgape as hereinaRet set forth and aecured by the lisn of thia mortpa9e, topeiherwith intereat as
therdin stated, and ahall perform, compywith and abide by esch and every the stipulations, ayreementa, condittons and covenants conteined and set (orth fn
thia moRflaqa and in the promisaory nota aecured hereby, then thla mortgage artd the eatate he~eby created shali cease and be null and void.
AND, the MoRfla~or does hereby covenant and aqree:
1. To peAorm, comply wfth and abide by each and every the gtipulations, agreements, condit(ons and covenants contained and sei forth in satd
promissory note or notes, this mortqaye and, N appNcabte, the loan aflreement between the MortpaQes and Mortflegor.
2. To pay the indebtedneas a~cured Dy thb inatrumsnt and accordln4 to the true tenor and eftect of the pramissory note herelrtabove mantioned or
ot any renewal the?eoi, prompty on the dAy or daya tbe eame severally beeome due~
3. To pay, before becomtny dettnquent, all obligatlorss, ancumbrancea, taxsa, aseessmenta,pavMp„ sldewall~ sanitary snd other assesaments, levlee
a Ikna now ar here~fter levled or Imposed upan or palnst !he martqased property, and to sxhlbtt to the MortQaQee befae such taxea, essessments~
~s~ ~nd encumbrances become dellnquent the offtdei recetpts for payment ihereof, ~u?d H the sams ar any part thereof be notps Id before bscominp
dsUrpuenQ ths Mortpapse may et any ttms psy tt~e suns with accrued intsast and chsrpes, H any, without waivin~ or Weqirp Mort~apes'a option to
foreclose th{s moApeqs, or any riqht Aareu~dsr, and every peyment so +nade ahatl bsar Mtsrest from the date thereof at ths hiphest nts ~uthortzed by taw
ana aN wch payments wtth interest ahaN bs sec~ed by ths Iisn hareoL
&MT(i-17(Rev.12/85) M080-54-015 THIS IN8Tq~MENT PREPAiiEO BY:~ • Reeves, ~Riverside National Bank of Florida,
S~~~ 2211 Okeechob~e Koad, Port Pierce, Florida
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