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HomeMy WebLinkAbout0942 ' : . ~35231 ~ ~ _ RIVERSIDE NATIQNAI BANK Of FLORIDA ~ 2211 Oksechobee Rd Ft. Plerce. Flo~ida 33450 MOfiTGAO! TNI3 MORTOA(3E, executed thls 30th day ot June ,~9 87 et 2211 Okeechobee Ro~d, Fort Pierce, Florida by PAUL K. GRABIAK and LAURA B. GRABIAK, his wife ~ 7 ~ the Hrst Rart. herelnafte~ called the Mo?tyayor, whlch te~m aa used herein in every inste~nce ahall i~clude Ihe Monqaqors hetra, execuiora, administrators. eucceasors, leflal repreeentatives end assl~na, tncludln~ all subsequen! ~rantees, eithe~ voluntary by act of the parties or involuntery by operatton of law, and shall da~ote the si~utar and/or plural andthe masauli~e and/or feminine, and ~aturel and/or artNlcial peraons, whenever aed wherever the context ao re- qutress or admits to RIVER8IDE NATIONAL BANK OF FLORIDA, a bankin9 association, of the second part, hereinsNer called the MortQspes, whkh term sa used hereln In svery Inatanoe shall include the Mort~apee e auccessors, IeQ81 ~epresentetivea and aaalflns, inctudtng all aubsequent asstpnees, efther voluMery by act of the paRiea or ~nvoluntary by operation of law. W1TNE88ETH: ~ THAT io~ divera ~ood and vafuabte co~siderationa, and also to secure the payment o! the aQqre~ate sum of monsy named In the promiaaory note oi even date herewitt~ hereinaitar mentioned, together with interesl thereon, and ail other sums of money secured hereby ea hereinafter provided, the Monyaflor does qranl, ba~aln, aell, alien, ?emtse, release, convey and contirm unto the Mortgagee, in fee stmple, '(Iq ihe following land: ~ Lot 293, PHASE IIB, flOLIDAY PINES, according to the plat thereof as recorded in Plat Book 20, Page 12, of the Public Records of St. Lucie Caunty, Florida. ~'vov Reteived s,~~ In ayment O~ Tazes Due On Class "C" Intangible Person~~ Prcperty. , c, ; Pursuant To Chapter 71, 134, Ads O( 1971. ~ ' - y,. _ . ,i~„l tJ:7 ' ~ f. ~ DOUG s 5 0lXON, C~~ ~ t C~erk Circuil Court, SL Lutie, Co., Fla, 'i This mortgage is subordinate to that certain mortgage in favor of Sunpoint Savings Bank, dated March 28, 1986 and recorded in O.R. Book 495, page 782, Public Records of St. Lucie County, Florida. B) Att buildinys. structures, and impravements of every nature whatsoever now or hereafter situated on the said property, and all fumiture, furniahings, xtures, machinery, equipmen~ i~ventory and materials on site, and peraonal property of every nature whatsoever now or heraaRer owned by the Mort- qagor sed located in, on, or used or (ntended to be used in connection with or wtth the operatbn of said property, buildinga, structurea or other improve- menta~ Including all extenstona additions, improvements. betterments. renewala and repiacementa to eny of the toregoing, and all of the riyht, title and intereat oi the Mortflaqor in arry such peraonal property or fixturea subject to s cOnditional sales contract, chattei mortgaQe or aimilar tien or claim together with the be~efit of erry deposits or payments now or hereafter made by the Mortpaflor or on its behalf. Toqether wfth all and stngular the tenements, hereditamenta, easementa and appuRenences thereunto beionping, or (n sny wise appe?taininy, and the renta,lasuea~ and profits thereoi. and alao all the estate, riph~ titie, tnterest and all claims and demanda whatsoever, aa well in law as in equity, of said Mortyaqor in and to the sam~ and every part and parcel thereof, and also speCificaly but not by way ot limitation aH ~aa and eleciric tixtures, radiators, heaters, water pumpe, atr condftbni~ equipr»en~ mechlnery, boilera~ rarpes~ elevators and motors, bath tubs, ainks, water cbaets, water basins, ptpes, faucets, and other piumbin~ and heattn~ fixtures, mentels, reiriqenattn~ piants and ice boxes. window screena, acreen doora, venetian biinda, comtces, atorm shutters and awn(nQs„ which are now or may herea(ter pertain to or be used with, in or on said premiaes, even thouph they be detached or detachable, are and sball be deemed to be tixturea and acceasories to the freehoid and a patt oi the reatty. TO FlAVE AND TO HOLD the same, loQether with the tenementa, hereditamenta and appuRenances thereunto belonging, and the renta, isaues and proflts thereof, unto the satd Mortgaflee. The aaid MoAyaqor hereby covenants with ihe aaid MoRqaflee that the said Monqayor is (ndefeasfby seized wiih !he absolute and tee aimple title to aa{d property, and has (ull power and law(ul authority to aell, convey, tranafer and mortqage the same; that Ft ahall be lawtul at any ttme hereafter for the Mortqagee to pea~ly and qulety anter upon, have. hdd and enjoy asid proparty, and every part thereot that said property Is (~ee and discha~ped trom ali qens, encumbra~ and daims of ony kind, InGudin~ taxes and esseaamenta, except those that may be set out above or hereinsfter, that the Mort~a~orwfil make at Mortyago+'s experae ~nd at na expense to Mortgayee auCh otherand turthe~assurances to pe~feCt the fee simple title to said land, fixtures and per- sonalproperryinthaMortgayeeaamayherea(terberequired;andthattheMort~syorhe~ebyfuilywaRantsuntotheMortyegeethetitletoseidpropertyand ~ will defend the same against the lawtul claims and demanda of ell peraona whamsoever. NO1~I. THEREFORE, the conditions of thia mortgaye are such that H the Mortyagor shall well and iruy pay unto the Mortga~ee the indebtedheas evtdenced by tAat certatn pror+oisaory r~ote ot evan date herewlth, made by the Mortgagor and payable to the Mort9aqee in the {xincipal sum of FZVE THOUSAND AND NO/100***************************** ~s 5, 000. 00 t, the flnal ` Jul 15, 1997 ~ payment of which is due on Y together with any note or notea hereaRer executed by the MortflaflOr hereinby and In soCOrdancs with parayraph sixteen d thts mort~afle as hereinaRer aet forth and aecured by the lien of thFa mortgaye toqetherwtth inte?est as ` thereln stated, and sha!! pBAorm, compy with and ablde by each and every the atipulationa, ayreements~ wnditiona and covenante contained and aet torth in thts mort~aQe and In the promissory note secured hereby, then thia mortgaye and the estete heraby created shali ceaae and be nuit and void ~ AND, the MoKflayor doea hereby covenant a~d ayree: 1. To pedam, comply with and abide b~r each and every the atipulationa, aqreements, conditions and covenanta contained a~d set foAh in said promissory note or notes, this mortya~e and, if appltcabls, the loan a~reement between the Mortqegee and Mort~agoc ~ 2. To pay the indebtednsss ~ecxired by thb instrument and eccordinq to the true tenor and affec! of the promiasory note heretnabove mentioned or of sny renewal thereof, prompty on the day or daya the same aeveraity beaome dua 3. To pay, bstore bscomin~ dslinquent, all oblipations. encumbrances, taxea, asaesaments, pavinq, a(dewelk, sanitary and otherasaeasments. levies or liens, now or hereefter IevFed or impossd upon or apainst ths mortpaped propsrty, and to exhibtt to the Matyayee before such taxea, sseeasmants, Nans and sncumbnnCes bscome deNnqusnt the oliicial ~ecslpta for paymeM ihereot, and H the same or any part theroot be not paid betore becom(n9 delt~quent, the Mort~a~se m~y at any ttmspay the eams with aaxusd interest and cha~qes, if any, wfthout wafvtny a affectinQ MoAppeds optbn to lorscloss thb mort~e~e, or any ~M hereundsr, and'every payment ao made shall bear t~tereet from the date thereof at the hroh~~ ~ts auihorized by law and all auch payments with interest shaN be secursd by the lien hersof. . S~MTa-t7(Rev.12/88) M080-b4-016 THIS INSTRUMENT PREPARED BY:S. Bowen, River~ide National Bank of Florida, ~ p R 2211 Okeechobee Road, Fort Pierce, Flor3da ~oaK 549 ~A~E 941 - Ii f-~