HomeMy WebLinkAbout0946 ~ ,~.f' iG4iG~7 ¦
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RIVERSIDE NATIONA~ oANK Of f101lIDA
~211 Oksschobss Rd
Ft Pie~Ce, fiotida 334~0
. MORTGAGE
THIS MORTC3A~E, executed ihis 8th day ot I'Iay ~s 87 a~ 2211 Okeechobee Road, Fort
Pierce, Florida by EMIL FRANCISC4, JR. and DELAYNE M. FRANCISCO, his wife
ot the iirot part, herelnafte? called the Mort~ayor, vrhich te~m aa used heretn in every instance shall include the Mortgaqor'8 hein, executors, admintatretors,
auccesaors, leyal repressntatNes end asai~ns, InGudln~ al! subsequent pranieea, either voluntary by act of the parties or involu ntary by operatlon of law, and
shall de~ote ths sin9ula~ and/o~ plural and ths mascuUne and/or feminine, and natural and/o~ autMkial person0. whenever and wherever the context so re-
quirea or odmlts to RIVER3IpE NATIONAL BANK OF FLORID/1, a banktny atosoclatio~, of the aecond part. hereinafter calted the Mortya~ee, which
term as uaed hereln in every instanoe shall include the Morfp~sa'e successors,1e0a1 representativos and aaalpns, indudiny all aubsequent assf~neea~ either
voluntary by act of the pa?tles or imoluntary by operatlon o~ Iaw.
WITNESSETH: -
THAT tor d(vers ~ood and vatusble considerettor~s, and alao to secure !he payment of the aflgrepate sum ot money named in the promiasory note of
6+?en date herewtth, hereinatter mentioned. together with interest thereon, and all oiher sums ot money aecured hereby aa hereinafter provided, the
Mortya~o~ does gra~t, baryafn, ae11, alien, remfse, ~elease. convey and coniirnn unto the Mortgegee, in tee sfmple.
(p the toltowinq lan~
Lots 22, 23 and 2G, Block 7, RUEII.~fAN SUBDIVISION, according to the
P1at thereof recorded in Plat Book 9, ~age 55, Public Records of
St. Lucie County, Florida.
,TLd~73 •
. Received S~--~-== - ~'a~ enE Of Taxes
Due On Class "C' Intang~ble Personal Property.
THIS IS A SECOND MORTGAGE. Pursuant To Chapter 71, 134, Ac~s Of 1971.
DOUGLAS DiXQN, _ ~
. Cletk Circuit Court, 5t. lucie, Co., Fla.
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(8} AII buildings, structures, and tmpravements of every nature whatsoevsr now or hereafter situated on the said property, and all fumiture, furniahin~s,
tixturea, machinery, equipment, inventory and materials an aite, and p~nonal property oi every nature whatsoever now or hereafter ownad by the Mort-
r~ne~nts, InCludin~ea
I extensioea,
sdditions,d mprw?e ~0. bettemrteM ~ronrwab andeeptacemenis o ar
y of ihe~tOr ie~otna nd al!'M t e righ~ Hle and
inter~st d the Mortgaqor i~ any such personal property or fixturea subNq to a oonditional sales contract, chettet mortQaQe or similar lten or claim topether
wfth the benefit of any deposits w paymenta now or hereafter made b~l thf Mort~agor or on fts behaH.
Toyether with aIt and sdnqul8r the tenements. hereditamertts, easemsnts and appurtenances lhereunto belonpin~, or in any vrise appertatninq, and the
ronta, taaues, and protits thereof~ and alao all the eatate, ri9ht, title, interest and all claims and demanda whatsoever, aa weil in law as in equity, of saiQ
Mortg~gor In and to the sam~, and every paR and parcei thereof, and a(so specificaily but not by way of Nmitat3on sl! gas and eleqrfc Hnturea, radiatora~
! heatere, weter pump~ air condltionirq gquipment, marhinery, boilers, ran~es, elevators and motorar bath tuba, sinks, water closets, vrate~ bssins, pipes, -
~ faucets, and oiher plumbing and heatinq fixtures, manteis, refriperetin~ plants and ice boxea~ window acreens, acreen doors,venetian btinda, comices. atorm
shutters and awnlnQs, wAich are raw ormayhereafter pertal~ toorbe used with, l~ or on said premiaes, evsn thouflh they be detached or detachable, are and
8ha11 be deemed to be flxturea and acceasoriea to the freehold and a part of the realty.
~ TO HAVE AND TO HOLD the same, togather with the tenements, hereditaments and appurtenancea thereunto belonginq, and the renta, issues and
profits thereof, unto the aaid Mortqayea.
The said MoR~a~ hsreby co+renants with the said Mort~a~ee that the said Mortqagor is indefesaiby aeized with the abaolute and tee simple title to
seld property, and has full power and lawtui authority to ~eli, comey~ transter end mortpage the same; that R shaU be lawtul at any time hereaNer for the
Mo~tpapee to peacesbly and quietly enter upon, have, hold and en)oy sald property, and every part thereof; that seid property la free and dischar~ed from all
liena, ertcumbrances and dalms of any kind including taxes and esseasment~, except those that may be set out abave or hereinafter, tAat the Mortqagorwiti '
malce at Martqa~a"s expenae and at no expense to Morlqa~ee sucb otherand further assuraoces to periect the fee afmple iitie to said land, fixtures and per-
sonai property in the Mortqa~ee as may h~,reaftet be ~equireck and that the Mort~a~or he~eby fully warranta u nto the Mortgagee the tftle to said property and
wiN defend the eame aqatnat tha lawful ctaims and dema~da of aN persons whomsoerer.
NOI~I; THEREFORE, tha Conditions ot this mortqaQe ere such that N the Mort~ayot ahatl well and truty pay unto the Mortflagee ihs
Indebtedness evtdenced by that certaFn promieaory note of even date h~ewith, made by the Mort~a9or and payable to the Mortqayee tn the
prinGpa~ s1Lm ot ~RTY NINE ~ THOUSAND NINE HUNDRED AND NO/100********* ts 49, 900 . 00 ~ the final
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payment ot.wh~ch is aue on ~y 15, 1997
to~sther with any note a notes hereafter executed by the Mortpaqor
_ heretnby and in aoCOrdance with parayraph alxteen o{ tAis moK4age as Ptiereinafterset forth and sewred by the lien o! ihis mortgape; fopether wfth intereat as
lhereln atate4 and shail pertorm, cpmplywith and abide by each and every the stipulatlone, agreements, Conditlons and coeenan4a contai~ed and set forth i~
thla mortpa~e and in the promissory note aecured hereby, then thia mortgaQe and the estato hereby created ahali ceaae and be nuit and void
AND, the Mortgagor does hereby covenant and apree:
1. To perform, compty with and 8bide by e8ch and every ihe stiputafbns, aflreements, conditions a~d covenanta contained end aet torth in said
{xomfasory note or notes. this moRqsye and, N applicab{e, the loan ayresrnant batween the Mortqagee and MoRgaqor.
2. To pey ths Indebtsdness aecured by thfs instrument end accordinq to the true tenor and etfect ot the promissory note heretnabove mentbnad or
ol a~y renewal thereot promptN on the day or days the aame severally become Que.
3. To pay, before beoominq delinquent, all obli~etbns, enCUmbrances, taxes, aeseasments, pavir~, sidewaik aaniteryand other asaesamenta, levies
or Ibns, rtow w heraafter isvled or tmposed upon or aQalnat iAe mortpa~ed property. snd to exhfb+t to tha Mart~a~ee betore such taxes, aasessments,
liens and encumbrances become delinquent the official recelpta for paymeM thereof, and ff the same a any part thereot be not paid before becominq
dellnqusM, tha Mortgaqee may at any tims psy the ssme with aocxuued ir~tereat and char~ea, H any, without wsiving or affectirp Mortsayee's option to
foreclose this mortgeye, or any ri~ht hereunder, and'svery psyment ao made ahall bsar interest hpm the date thereof at the htyh~st rate authorfzed by law
and all such paymeMS wtth intersst shaN be secured by the Ilen hsreot.
3-MT1i-17 5) TH131N3TRUMENT PREPAREO BY: S. Bowen, Riverside National Bank of Florida,
BOOK~~~!!~r P~ ~f~ 2211 Okeechobee Road, Fort Pierce, Floarida.
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