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RIVERStDE NATIOMAL BANK OF FLORIDA a~~~:t
1 1 nkeechobee Rd ~1 ' I
Ft P~t•~~:~~ F,unda 3A95<i ~ I
MORTGAGE -
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71i~S MORTGAGE executed th~s 5t1? day o1 _ February _ ~g_$$___ a~8000 S.U.S• Nwv__1l1 _Suite__100
P~rt St. Lucig,F~_,bv ~r~._~. _Q~YQ~_
ot the first part, hereinalter called the hlorlyagor, wh~ch ten» as used herem 1n every ~nstance shal~ include the Mortgagor's hei~s, executors, administrators,
successors.legal representat~ves and ass~gns, inciuding all subsequent grantees, eithar votuntary by act of the pa?ties or involuntary by operation ol law, and
shall denote the singular and/o~ plural and the masculine and/or feminine, and naturat and/or art~fic~al persons, whenever and wherever the context so re-
quires or admits to RIVERSIDE NATtONAL BANK OF FLORIDA, a ba~king association, oi the second part, hereinafter called the Mortgagee, which
term as used herein in every instance shall include the Mortc~agee's successors. legal representatives a~d assigns, including all subsequent assignees, either
voluntary by act ot ihe parlies or involuntary hy operation o( lativ
WITNESSETH:
THAT for divers good and valuable considerahons, and also to secure the paymerit of the ayyreqate sum of money named in the promissory nOte of
even date herew+th, hereinatter mentioned. together with interest lhereon, and all other sums ol money secured hereby as hereinalter prov~ded. the
Mortgagor does granl, barqain, sell, alien, remise, retease, cor.vey and confirm unto the Mertgagee. ~n fee simple.
(A) the following land:
I.ots 11 and 12, Block 1958, PORT ST. :.UCIE SECTIOh NINETEEN, according to the Plat
thereof as recorded in Plat Book I3, Pages 19, 19A through 19K of the Public Records
of St. Lucie County, Florida.
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F:.:t:in' Co Ct. '~:r 1? , Ac.~ 1:).'i.
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C~e+k C:u~,,if Ccurt, `t. l.ucie, Co., 21a.
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i8I All buifdings, structures, and improvements o! every nature whatsoever now ar hereafte~ srtuated on the said prope?ty, and all furniture, turnishings. '
f~xtures, machinery, equipment, inventory and mater~als on s~te, and personal property of every nature whatsoever now or hereafter owned by the Mort- ~
~?~^r anr~ locatp~ in. nn_ nr ~iserl or intended to be used in connecLon with or with the operation of sa+d property, build~ngs, structwes or other improve- ~
ments, incluiiing atl extensions, additions, improvemenis, betterments. ~enewals and ~eplacements to any ot tne ioregoing, ano aii oi ii~c iiyi~i, i~iic a~~.',
~nterest of the Mortgagor in any such personal property or tixtures subject to a conditional sales contract, chattel mortgage or simitar lien o~ claim together
w~th the beneFit ot any deposits or payments now or hereaHer made by the Mortgag~r or on ~ts behalf.
Togetherwifh allandsingutarthetenements, hered~taments. easements andappurtenances the~euntobelonging, or inanyw~se appertaining, andthe
ren(s, issues, and protits thereot, and also all the estate. right, title, lnterest and all claims and demands whatsoever, as wetl in law as in equity, of said
' Mortgagor in and to the same. and every part and parcel thereof, and also specifically but not by way of I~mitation all gas and etectric fiztures, radiators,
heaters, water pumps, air conditioning equipment, machinery, boilers, ranges, etevatots and motors, bath tubs, sinks. water closets, water basins, pipes.
faucets. and other ptumb~ng and heating fixtures. mantels, refrigerat~ng planls and ice boxes, window screens, screen doors, venetian blinds, corni~es, storm
shutters and awnings, which are rtow or may hereafter pertain to or be used w+th, in or on said prem~ses, even though they be detached or detachable, are and
shall be deemed to tre fixtures and accessories to lhe freehold and a part of the realty.
TO HAVE ANp TO HOID the same, together with the tenemen?s. hered~taments and appurtenances thereunto betonging. and the rents. issues and
protits thereot, unto the said Mortgagee.
The said Mortgagor hereby covenants with the sa~d Mortgagee that the said Mortgagor is indeteaslbty seized with the absolute and fee simple title to
~ sa~d property, and has full power and lawtul authority to sell, convey, transter and mortgage fhe same: ihat it sha11 be Iawfu! at any time hereatter tor the
Mortgagee to peaceabty and qu~etly e~ter upon, have, hold and enjoy said property, and every part thereof; that said property is tree and discharged Irom all
I~ens. encumbrances and claims of any kind, including taxes and assessments, except those that may be set out above or hereinafter, that the Mortgagor witl
I make at Mortgagors expense and at no expense to Morlgagee such other and fuAher assurances to perfeci the fee simple titte tp said land, tiztures and per-
I 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 de(end the same against the lawful claims and demands of all persons whomsoever.
NOW, TNEREFORE, the condit~ons of this mortgage are such that ff the Mortyagor shall well and truly pay unto the Mortgagee ihe
~ndebtedness evidenced by that certain promissory note of even date herewith, made by the Mortgagor and payable to the Mortgagee in the
prinapa~ sum ot ~'IVE THOUSAND TWO HUNDRED_~'H~ItTY-S~X_~JQj,AI~R$__~_12I140- 1~_ 5, 236. Z 2 the final
payment oi which is due on _ FEBRA RY _ 1992 together wilh any note or notes hereafter executed by the Mortgagor
hereinby and in accoraance with paragraph s~xteen of this mortgaye as hereinafier set torth and secured by the lien ot this mortgage, togetherwith interest as
therein stated, and shallperform, complywith andabide byeach and everythest~pulations,agreements,conditionsandcovenantsconlainedandsetforihin
th~s mortgage and tn the promissory note secured hereby. then this mortyage and the eslate hereby created shall cease and be null and void.
AND, the Mortgagor does hereby covertant and agree:
1. To perform, comply with and abide by each and every the stipulat~ons, agreements, conditions and covenants contained and set torth in said
prom~ssory note or notes, thi3 mortgage and. Ii appllcable, the loan agreement between the Mortgagee and Mortgagor.
2. To pa~1 the indebtedness secured by this instrument and according to the true tenor and effect o( the promissory note hereinabove mentioned or
of any renewal thereof, promptly on the day or days the same severally become d~e.
3. To pay, before becoming delinquent, all obligations, encumbrances, taxes, assessments, paving, sidewalk sanitaryand other ass8ssments, levies
or liens, now or hereafter levied or imposed upon or against the mortgaged property, and to exhibit to the Mortgagee before such taxes, assessments,
liens and encumbrances beCOme delinquent the oNicial receipis for payment thereo(, and if the same or any part thereof be not paid before becoming
delinquent, fhe Mortgagee may at any time pay the same with accrued inte?est and charges, if any, without waiving or affecting Mortgagee's option to
to?eclose this mortgage, or any right hereunder, and every payment so made sha11 bear interest from the date thereof at the highest rate authorized by law
and aU such payments with tnteresf shall be secured by the lien hereaf.
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S•MTG171Rev.~2i85> M060~54•015 THIS INSTqUMENT PREPARED BY Kim Alkire ~~~~r ~75 ~~lf~
Riverside National Bank of F1 vv
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