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HomeMy WebLinkAbout0954 84S928 ~ . RIVERSIDE NATI49NA~ BANK OF FLORIDA ~ 2211 Okeechobee Rd ~ ~ FG Pie~Ce, Flurida 3345t~ MORTQAAE THIS MORTGAGE, executed ihis 26th day of August . 19~_ at 22i1 Okeechobee Road. Fort Pierce, Flori~ LEWIS E. HARRISON and LAVERNE PROCTOR-HARRISON, his wife ~~j , ~ of the first pan, hereinatter called the Mortgagor, which term as used herein in every instance ahall include the MoRgagors hefrs, executors, administrators, successora, legal representatives and assigns, inciuding all subsequant graniees, eithe~ voluntary by aCt of the parties w involuntary by operation of law, and shall denote the singular and/or plural and the masculine and/or teminirte, end natural and/or ertiiicial persona, whenever and wherever the context so re- quires or admita to RIVERSIDE NATIONAL BANK OF FLORIDA, s banking association, of the second pan, hereinafter called the Mortgagee, which term as used herein in every instance shall tnclude the Mortgagee's successors, legal representatives and assigns, including all subsequent assignees, either voluntary by act of the parties or involuntary by operation of law. WIThES3ETH: THAT for divers good and valuabie considerations, and aiso to secure the payment of the aggregate sum of money named in the promissory note of even date herewitb, hereinafter mentioned, togeiher with interest thereon, and all other sums ot money secured hereby as hereinafter provided, lhe Mortgagor does grant, barga~n, sell, alien, remise, reiease, convey snd confirm unto the Mortgagee, in lee simple. (l~ ihe following land: The South 15 feet of Lot 14, all of Lot 15, Block S, WILBUWE SUBDIVISION, as per plat thereof on file in Plat Book 6, Page 24, of the Public Records of St. Lucie County, Florida. This mortgage is subordinate to that certain mortgage in favor of Citizens Federal Savings ~ Loan Association of St. Lucie County dated July 21, 1977 and assigned to The Kislak Organization in O.R. Book 280, Page 2133, Public Records of St. Lucie County, Florida. ~ .i /~D b U ~ ` o~ C;i ?zxes R^-c'v•~ - - - - _ , . . ..~.iy, , P.:~, . . , ~ ~ . . . . . Ci.2r. ..:C~~: L,. ~ , Ei~]. j All buildings, structures, and improvementa of every nature whatscever now or hereafter situated on the said property, and all fumiture, furnishings, ; fixtures, machinery, equipment, inventory and materiala on site, and personai property of every nature whatsoever now or hereafter owned by the Mort- . gagor and located in, on, or used or intended to be uaed in connectio~ with or with the operation of said property, buiidings, structures or other improve- ments, including all extensions, additions, improvemente, betterments, renewals and replacements to any ot the (oregoing, and all of the right, title and interest of the Mortgagor in any such personal property or fixtures subject to a conditionai sales contract, chattel mortgage ar similar lien or ctaim togefher ~ with the benefit of any deposits or payments now or hereafter made by the Mortgagor or on fts behalf. Togetherwith all and singularthe tenementa, hereditaments, easements and appurtenancesthereunto belonging, or in anywise ~ppertaining, and the rents, issues, and protits thereof, and aiso atl the estate, right, title, interest and all claims and demands whatsoever, as weli in law as in equity, of said MoRgagor in and to the same, and every part and parcei thereof, and aiso specifically but not by way of limitation all gas and electric fixtures, radiators, heaters, water pumps, air conditioning equipment, machinery, boilers, ranges, elevators and motors, bath tubs, sinks, water closets, water basins, pipes, faucets, and other plumbing and heating fixtures, mantels, refrigerating ptants and ice boxes, window screens, screen doors, venetian blinds, cornkes, storm shutters and awnings, which are now or may hereaRer pertain to or be used with, in or on said premises, even though they be detached or detachable, are and shall be deemed to be fixtures and accessories to the ireehold and a part of the realty. TO HAVE AND TO HOLD the same, together with lhe tenements, hereditaments and appurtenances ihereunto belonging, and the rents, issues and profits thareof, unto the said Mortgagee. The said Mortgagor hereby covenanis with the said Mortgagee that the said Mortgagor is indefeasibly seized with the absolute and fee simple tiile to said property, and has fuli power and lawful authority to sell, convey, transfer and mortgege ths same; that it shall be lawiul at any time hereafter for the Mortgagee to peaceably and quietly enter upon, have, hoid and enjoy said property, and every part thereoh, that said property is free and discharged trom all liens, encumbrances and ctaims of any kind, including ta~ces and assessments, except those that may be set out above or hereinafter, that the Mortgagorwill make at Mortgagors expense and at no expense to Mortgagee such other and furthet assurances to perfeat the fee simpte title to said land, fixtures and per- sonal property in the Mortgagee as may hereafter be required; and that the Mortgagor hereby tully warrants unto the Mortgagee the title to said property and will detend the same against the iawiul claims and demands of all persons whomsoever. NOW, THEREFORE, the conditions of this mortgage are such that if the Mortgagor shall well and truly pay unto the Mortgagee the indebtedness evidenced by that certain promissory note of even date herewith, made by the Mortgagor and payable to the Mortgagee in the principai sum of ELEVEN THOUSAND AND NO/100************************* 11,000.00 the final ~ payment of which is due on September 1~ 199~ . together with any note or notes hereafter executed by the Mortgagor hereinby and in accordance with paragraph sixteen of ihis mortgage as hereinafler set to?th and secured by the lien of this mortgage, togethetwith interest as ; thereinstatedandshallperform,COmplywithandabidebyeachandeverythestipulations,agreements,conditionsandcovenantscontainedandsettorthin s this mortgage and in the promissory note secured hereby, then this mortgage and the estate hereby crested shall cease and be null and void 3 ~ ANU, the Mortgagor does hereby covenant and agree: ~ 1. To pertorm, compy with and abide by each and every the stipulations, agreements, conditions and covenants contained and set forth in said promissory note or notes, this mortgage and, if applicable, the loan agreement between the Mortgagee and Mortga~or. 2. To pay the indebtedness secured by this instrument and according to the true tenor and eNect of the promissory note hereinabove mentioned or of any renewal thereof, prompty on the day or days the same severally become due. 3. To pay, before becoming delinquent, all obligations, encumbrances, taxes, assessments, paving, stdewelk sanitary and other assessments, leviea or liens, now or hereafter levied or imposed upon or against the mortgaged property, and to exhibit to the Mortgagee before suCh taxes, assessmenta liens and encumbrances become delinquent the official receipts for payment thereof, and H the same or any part thereof be not pa~d before becoming deHnquent, the Mortyagee may at any time pay the same with accrued tnterest and charges, N any, without waiving or affecting Mortgagee's optbn to foreclose thl~ mortgage, or any right hereunder, and every payment so made shall bear interest (rom the date thereof at the highest rate authorized by law artd all such paymenls with interest ahall be secured by Ehe lien hereof. SMTG-17(Rev.12/85) M060-54-015 O RTy TfiUMENT PREPARED BY: S. Bowen, Riverside National Bank of Florida, BOOK i~~JV iACE t7t3t) 2211 Okeechobee Road, Fort Pierce, Florida - - _ - - ~-~r~-.s:~