The URL can be used to link to this page

Home My WebLink About0992 . ' ~ 850'~83 ~ . ' RIVERgIQE NATIONAL BANK OF FLORIDA 2211 Okeechobee Rd Ft. Pierce, Florida 349b4 MORT(3AGi~ THIS MORTQAGE, executed this 23rd day ot September ,~9 ai 2211 Ok~echobee Road. Fort Pierce, Florida py EUGENE N. WELLS a/k/a GENE N. WELLS and BRENDA J. W~LLS. his wife__ ,p 5- ~q ot the first part, hereinatter called the Ma~tgaflor, which te~m as used herein in every insiance shall fnclude the Mortqayors heirs, executora, administrators, succesaors, feqal repressntalives and assigns, including eI1 subsequent grantees, eiihe~ voluntary by act of the parties or involuntary by operation ot law, a~d ahall denote ths sinqutar andlor ptura) and the maaculine and/or femtnina, aed natural and/or artiticial persons, whenever and wherever tha context so re- quires or admita to RIVERSIDE NATIONAL 8/1NK OF FLORIDA, a banklny aaaxlation, of the seco+ld part. heraina,fter ca~~ed the MoR apee, which termaausedhereinineverytnstanceahallincludetheMortgsQee'ssuccessors.legalrepresentativ~ilKfasslqns,includi~ysllaubsequantass~gnees,either , votuntary by act of the peRiea or Involuntary by ope~ation ot taw. WITNE8$ETH: THAT fo~ divers ~ood and valuable considerations, and alao io secure the payment of the aggregate sum ol money named in the promiasory note of even date herewith, herei~after mentioned, together with interest thereon, and all other sums of money secured hereby as hereinafter provided, the Mortqa9o~ does fl?ant, ber~ain, sell, alien, remtse, release, convey and contirm unto the Mortgagee, in fee simple, Ip the tollowinfl Iand Lots 1 and 2, Block 140, LAKEWOOD PARK, UNIT 11, according to the Plat thereof, as recorded in Plat Book 11, Pages 32A through 32D, Public Records of St. Lucie County, Florida. - ~ 3 3 p o 0 k. ~ e.-e ve^ 1r: P yrn~-.t Of Taxes . _ • , I~ -7'~ 1.1~ f r-iSO~:i~ ~iG~C(~y. . ~~.J'' ; J~i ' ~ { ~ ' P:.: s~_,• Io Ci: 'r 7i, 134, Acis O~ 1971. ; c;~~ . _~.tr;s ,:i;~~, Cv ~ ~ - i. t~. J. ~ C1erk Circuit Court, 51. Lucie, Co., fla. - . ~ ~ This mortgage is subordinate to that certain mortgage in favor of First Citizens Federal Savings ~ and Loan Association, dated December 30, 1982, recorded in O.R. Book 293, Page 1633, Public Records of St. Lucie County, Florida. All buildinps` structurea, and improvements of every nature whataoever now or hereatier situated on the said property, and all (urniture, furnishings, tixtures, machinery,-equipment, inventory and materials on site, and personal property of every nature whatsoever now w hereaNer owned by the Mort• qaqor and located in. on, or used or intended to be used in connection wRh or with the operation of said property, buiidings, atrustures or other improve- ments, inclutfing all extenslons, additions, improvementa, betterments, renewais and reptacements to any ot the foregoing, and ail of the right, title and intereat of the MoKya~or in any such peraonat property or fixtures subject to a conditlonal sales contract, ct?attel moRgage or simiter lien or claim together with the bene(it of any depoaita or payments now or hereafter made by the Mortgagor or on its behatf. Toyether with all and atn9ular the tenementa, hereditaments, easements and appurtenences thereunto betonying, or tn any wise appertaining, and the renta~ isauea, and protits thereOt, and alao all the estate, righf, title, interest and all clafms and demanda whatsoever, as well in law aa in equity, ot said Mortgagor in and to the aame. and every part and parcel thereof, a~d aiso specifically but not by way ot Iimftation all gas and elect?Ic fixturea, radiators, heaters, weter pumps, air conditioning equipment, machinery, boilers, ranyes, alevators and motors, bath tuba, ainks, water closeta, water baains, pipea, Iaucets, and other plumbiny and heatin~ fixtures, mantels, reirigerettng plants and ice boxes, window screena, acreen doors, venetian blinda, cornices, stam shutters and awnings,whiCh are now or may hereafter pertain to or be used with, in or on aaid premises, even though they be detached ordetaChable, are and shall be deemed to be fixtures and acceaaories ta the t~eehold snd a part of the realty. TO HAVE AND TO HOLD ihe same, togethet with the tenements, hereditaments and appurtenances thereunto belonging, and the rents, issues and _ protita thereof, unto ths said Mortgagee. The said Mongayor hereby covenants with ihe said Mortgagee that the seid Mortgagor is indeteasiby seized with the absotute and fee simple title to aaW property, and haa tuil power and lawtul authority to sell, convey, transter and mortgage the same: that it ahall be lawful at any time hereaRer tor the Mortys~ee to peaceably and quietty enter upon, have, hold and enjoy said property, snd every part thereoF that said property ia tree and diacharfled from ail fiens, encumbrences and daims of any kind, including taxes and asseasments, except those ihat may be set out above or hereinafte~ that the Mortgagawill make et MoRgapors expense and at no expense to Morlyagee such otll~r and }urtherassurances fo perfect the fea simple title to said Iand,tixRures and peF sonal property In the Mort~aqee as mey hereafter be required; andthat the MoRqagor hereby fullywarrants unto the MoRgagee thetitleto aaid property and wifl defensf the same eqainat the lawful claima and demands of aii peraons whomsoever. NOW, THEREFORE. the conditiona of this mort~aqe are such that 'rf the Mortgapor shall well and truly pay unto the Mortya~ee the indebtednesa evidenced by that certaln promiaaory note ot even date herewith, made by the MoRgayor end payable to the Mortg~gee in lhe principal sum of ~IRTY THREE THOUSAND AND NO/100********************** ~s 33,000.00 the final payment of which is due on OCtober 1, 1997 _ toyether wfth any note or notes hereaher executed by ihe Mortflaflor hereinby s~d in accordance with parey~eph sixteen ot thia moRgage as herelnafter set torih and aecu red by the lien ot thia mortgafle, toQether with interest as therein atated and shall pe~torm, comply with and abide Dy each end every the stipulations, agreamente, conditiona end cevenenta contained and set forth in thia moRgaye and In ihe promiaaory note aecured hereby, then this mortgage and the estate here.tsy created shail ceaae and be nuli and vofd AND,~1he Mortyayor does hereby covenant and agree: 1. To perform, comply wNh and aWde by each and every the atipulaNons, eqreementa conditions and covenante contained and sef (orth in said promisaory note or notes, thia mortyafle end, if appl~able, the loan agreement between the Mortgagee and Mortgaqor. 2. To pay the indebtedness aecured by thts inatniment and accordinfl to the true tenor and eNect of the promisaory note hereinabove mentioned or ot any renewal thereof, prompty on tha day or deys the aeme severally become due. ~ 3. To p~,y, betore bscomirp delinqueni. all obHqations, encumbrances, taxes, asaessments, pavinQ, afdewa{k se~itary s~d other asseasmanta, bvies or eens, now or hereafter levied or imposed upon or a9afnst the mort~a~ed property, and to exhibN to ths Mortya~ae before auch taxea, assesaments, liens and encumbrence~ become delinquent the offidal receipts for paymenf thereof, and M the same or any part thereof be not pab befo~e becominp de8nquen~ the Mortqsyse may at any time pay the same wfth acpued lntsrest snd charpes, if ar?y, without wsivin9 or affectinp Mort~a9ee's opllon to ! twecloae this moit~a~e, or any riqht hereunder, and every payment so made sha11 bear (ntereat trom the date thereof at tha hiyheat rate authorized by law ~ 1 and a0 such paymenta wHh interest ahall be aecured by the Uen hereof. SMT(3-17(Rev.12/85) MOBO-54-016 TNIS INSTRUMENT PREPARED BY:S. Howen, Riverside National Bank of Florida, ~ Rr 5t~9 PAfE 992 2211 Okeechobee Road, Fort Pierce, Florida • 8(?~ . - _ - ~ _