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HomeMy WebLinkAbout0933 ~ ~5, 836'798 RIVERSIDE NATIONA~ BANK OF FLORIDA 2211 Okeechobee Rd Ft. Piorce. Flo?ide 33450 / MORTOA~E . THIS MORTGA(3E, executed this 3rd day of July , i S 87 at 2211 Okeechobee Road, Fort Pierce, Florid~y ~UIDO L. CHIBAS and DEANNA A. CHIBAS, his wife of the first part, hereinafter called the Mortgagor, which term as used herein in every instance shati include lhe Mortgagors heirs, executors, administrators, successors,lepalrepresentativesandasstpna,includingallsubsequenlgrantees,eithervolunterybyactotihepahiesorinvoluntarybyoperationoflaw,and shall denote the ain~ular and/or plural and ihe mascuUne and/or teminine, and natural and/or artHicial persons, whenever and whe~ever the context so re- qutres or admits to RIVEHSIDE NATIONAL BANK OF FLORIDA, a banking association, of the aecond part, hereinafter callsd the Mort~aqee, which term as used herein in every inatance shall inctude the Mortgagee's successors, leqal representaUves end assigns, inctuding ail subsequent assignees, either votuntary by act of the parties or involuntary by operation ot law. WITNESSETH: THAT tor divers good and veluable considerations, and also to secure the payment of the aggregate sum of money named in the promissory note of even date herewith, hereinafter mentioned, toqether with interest thereon, and all other sumg ot money secured hereby as hereinatter provided the Mortga~v~ ;~a~ a~a barg~!.^., sell, slien, remiae, release, convey and confirm unto the Mortgagee, in fee simple. (A~ the foliowing land: i,~t ~3, 25, RIVER PARK UNIT 3, according to the Plat thereof, as recorded in Plat Book 10, Page 80, of the Public Records of St. Lucie County, Florida. In Payme~~0~ xes Received S Due On Class ~~C" In!an~ hln Person~i Prc+{serty, Pursuan' To Chapter 71, 13~c1s Of 1971. ~ DOUGLAS DiXC~`~, ~ • ' Uerk Cirtuil Couri, 5?. Lucie, Co., Fla. This mortgage is subordinate to that certain mortgage in favor of First Citizens Federal Savings ~ Loan Association, dated January 27, 1984, and recorded in O.R. Book 423, page 569, Public Records of St. Lucie County, Fl.orida. All buildings, structures, and improvements of every nature whatsoever now or hereafter situated on the said property, and all furniture, furnishings, fixtures, machinery, equipment, inventory and materials on site, and personal property of every nature whatsoever now or hereaRer owned by the Mort- ' gagor and located in, on, or used or intended to be used in connettion with or with the operation ot said property, buildings, structures or other improve- ~ menta, including all extensions, additions, improvements, betterments, renewals and replacements to any of the to~egaing, and all oi the right, title and ~ interest ot the Mortgagor in arry such personal property or fixtures subject to a conditional sales contract, chsttel mortgage or similar lien or claim together E with the benefit of any deposits or payments now or hereaRer made by the Mortgagor or on its behalf. ~ t ~ Togetherwith ali and singular the tenement~ hereditaments, easements and appurtenances thereunto belonging, or in anywise apperiaining, and the renta, iasues, and profits thereof, end also all the estate, right, title, interest and ail ctaims a~d demands whatsoever, as weli in law as in equity, of said Mortyegor in and to ihe same, end every pa~t and parcel thereof, and also apeciticaly but not by ~!ay of limitation ail gas and electric fixtures, radiators, heaters, water pumps, air conditioning equipment, machinery, boilers, ranyes, etevators end motors, bath tubs, sinks, water closets, water basins, pipes, faucets, and other ptumbing and heatinq fixtures, mantels, reirigerating plants and ice boxes, window screens, screen doors, venetian blinds, cornkes, storm shWtera and ewnings, which ere now or may hereafter pertain to or be used with, in or on said premises, even though they be detached ordetachabte, are and shall be deemed to be tixturea and accessories to the (reehold and a part of the realty. TO HAVE ANQ TO HOLD the same, together with the tenements` heteditaments and appurtenances thereunto belonging, and the rents, issues and - profita thereof, unto the seid Mortgagee. The aaid Mortgagor hereby covenanta with the safd Mortgegee thal iite said Mortflagor is indefeasibty seized with the absolute end tee simple title to said property, and has iull power and law(ul authority to sell, convey, transfer and mortgafle the same; that it shall be lawful at any Ume he~eafter tor the Mortqagee to peaceably and quieiy enter upon, have, hold and enjoy said property, and every part thereof; that said property is iree and discharged irom all Uens, encumbrances and ciaima oi any kind including taxes and assesaments, except those that may be aet out above or hereinaNer, that the Morigagor will make at Mortyagors expense end at no expense to Mo~tgagee suCh ather and tuRher assurances to perfect the tee simple titletosaid fand,fixtures and per- aonal property in the Mortga~ee as may hereaRer be requfred; and that the MoRgagor hereby fuity warrants unto the Mortgayee the title to said property and will detend the same against ihe lawful claims and demanda of all persons whomsoever. ' NOW, THEREFORE, the conditiona of this mort~age are such that it the Mortgagor shall well and trufy pay unto the Mortgagee the indebtedness evidenced by that certain promtsaory note of even date herewith, made by the Mortgagor and payable to the Mortgagee in the FIVE THOUSAND AND NO/100****************************** 5,000.00 ~,tnefinai principal sum of (s payment of which is due on July 15 , 199? together with any note or notes herea(ter executed by the Mortfla9or hereinby and in accordance with parayraph sixteen oi this moRga~e aa hereinafterset (orth and secured by fhe lien of this mortgage, togetherwith intereat aa therei~ siated and shal~ perfam, compty with and abide by each and every ihe stipulations, agreements, conditions and covenents contained and set (orth in this mortgage and in the promissory note secured he~eby, then this mortgage and the estate hereby created shall c ap~,~ uli and v~W.~ AND the Mort a or does hereb covenant and aflree: 0~ ,~J V V PA~+~ vf.rV . 9 9 Y 1. To pe~form, comply with and abide by each and every the st(pulations, agreements, conditions and Covenants coniained and set forth in ~ald promisaory note or note~, this mortgaqe and, if sppliceble, the toan agreement between the Mortgayee end Mortgagor. 2. To pay fhe lndebtedness seCured bythls inatrument and eccording tothe true tenorand effect of the promisaory note her e m or of any renewal thereof, prompty on fhe day or daya the aame aeverally become due. I 3. To pay, before becoming delinquent, all obligatlons, encumbrances, taxea, asaeasments, paving, sidewalk sanitary and t er aaseaamenta, levles a Ibna, now or hereaher levied or imposed upon or ayatnst the mortga~ed property, and to exhibit to the Mortflayee before such texea, assesaments, Ifens and encumbrancea become deUnquent the offiGel receipta for psyment thereoi, and H the same or any pa~t thereot be nof paid before becominq delinquent, the Mortyagee may at any time pay the same with accrued Interest and charyea, ff any, without waivfnfl or aHectinfl Mortyayee's optbn to torecbse thls mort~afle, or any rl~ht hereunder, a~d every payment so made shall bear interest trom the date thereof et the hlpheat rate authorized by faw and eil such paymente with interest shall be aecured by the Nen hereof. gMT(i-17tRev.72/85) M08o~54-016 THtS INSTRUMENT PAEPARED BY: S. Bowen, Riverside National Bank of Florlda, 2211 Okeechobee Road, Fort Pierce, Florida. ~ . . . . _ Y _ . - . . . _ Y~rr~