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Home My WebLink About0963 u' _ . . ' . . . . . f . . . . . . . ' ~ ='repared by ~acnie Talami~e '~j . . ~~~~~i ~ Southeast Bank N. Downtown Ft.Pierce ~ ~~Ij . . . ~ Banking Center ? ? ~i~i~ P.Q.Box 970 i ~~i ~~o Sout~east l~ank Fort Pierce, .florida 33454 `~~%t ~ MORTGAGE . . ~ ~ ~ > ~ . ; THIS MORTGAGE, execuced ~h~s 2~ day of June 82 _a~ Fort Pierce ~ . Flarida bY Earl L. Bessent and G~nrendolyn G. Bessent, his wife + - 3 of the first part, hereirsatter called the Mortgagor, which te~m as used herein in every instance shall include the Mortgagoi s heirs. executors. administrators, i suc~essors. legal representatives and assigns, incfuding all ~ubsequent grantees. either volunta~y by act of the parties or involuntary by operation ot law, and sh:~ll denote the singular and/or pt;iral and the mascutina and/or feminino, and natural and/or artificial oer~ons, whe e:6 d wh r ve the context sa re• ~ q~iirac or ahmits Southeast Bank N. A. Downtown Ft.Pierce Banking Center, Y.O.Bsx_ ~~.~ier~e, Flo~r~~~ :~3454 a banking associatior.. ot the second part, hereinafter called the Mortgagee, whicf` term as use in ~n every instance shall include the Mor4gagoe's successors. {ega! representatives and assigns. including all subsequent assignees. either voluntary by act of the parties or involuntary by operation of law. _ W 1 T N E S 5 E T H: . ~ ( THAT for divers good and valuabte considerations. and also to secure the payment oi the a~gregate sum ot money named in the promissozy note of even date herewith. hereinatter mentioned. together with interest thereon. and all other sums of money secured hareby as hereinafter provided, the Martgagor does grant. bargain, sell: alien, remise, release, convey and contirm unto the Mortgagse. in fee simpla. (A) the following land: ~ ~ Correc~ive Mortgage: Recorded in O.R. Book 377 gage 2102, June 7, 1982 Correct Legal - - ~ - P. Starting at~the SW corner of the SE} of section 32 T35S R40E run north 1474.26' to a poirit, t thence run east 25.0 to the point of beginning. From the POB run north 181.08' parallel witt'~ }section line to a po~nt, then run ea$t 633.59' to a point, then run south 231.50' garallel with } section ?ine, then run northksst 635.41'to the POB. ~ ~ ~ 1 p~~ in Payment Qf Taxes ~ - ~ Due An Class "C" intangible Persona! Nraperty. ~ursuant 7u Chaptes 71, t 34, Acts Of i~7~. ' ~ ROGER POCfR~.'? , ~ ~ ~ ~N~k Ck~lt Coutt St l.ud~. C~.. Fla. : i (B) Atl buildings. structu!es. and improv~ments of every nature whatsnever now or hereafter situated on the said property, and all furnituro, furnishings. (~xtures. machinery. equ~pment. inventory and materials on s~te. and personal p~oaerty of every nature whatsoever now or hereatter owned by the ilAort- gagor and locstec! ~n, on. or used or intended to be used m connection wRh or w~th the operation of said property. bwld~n5s. structures or other ~mprove- ments. ~ncludmg all extens~ons. addit~ons. ~mprovemen±s. betterments. renewais and replacements to any ot the forego~ng, and all of the r~yht. t~t~e and ~nterest ~i the Mortgagor ~n any such personal ~ roperiy or fixtures sub~ect to a condiuonal sales contract. chattel mortgage or s~m~lar I~en or cla~m together wrth the be~ef~t of any depos~ts ar payments ~ow or hereafter made by the mortgagor or an ~ts behal( Together ~~ith all an~ singular the tenements, hereditaments. easements and 3ppunenances thereunto betonging, or ia any wise appertaining, and the rents, issues, and profits thereof, and also all the estate, riyht. title, inCerest and all clei-~s a~~d demands whatsoever, as Hrefl in !aw as in equity, of said Mortgagor m and to the same. and every part and parcel thereof, and aiso specifically but not by way of li~nitation alt gas and electric fixtures, radiators. heate~s, water pumps, air c~n~itioning equipment. machinery, boilers, ranges. elevators and motors. bath tubs, sinks, errater closets. water basins, piRes, faucets, and other plumbing and heating fixtures. mantels, refrigerating plants and ice boxes. window screens. screen doors. venetian btinds. cornices, storm ~ shutter~ and awnings. whicl~ are now or may hereafter pertain to or be used with, in o~ on said premises, even though Yhey be de:acha~ or detachable, are and shall be deemed to be f~xtures and accessories to the ireehold and a part o( the realty. - _ - - C. TO HAVE AND TO HOLD the same. together with the tenements. hereditamerits and appurrenances thereunto belonging, and the rents, issues and profrts thereof. unto the said Mortgagee. ~ _ - ~ ~ - The said Mort a or hereb covenants with the said Mort a ee that the said Mort a or is indefeasibl i 9 9 Y 9 9 9 g y se zed with the absolute and fee simple title to f. _ said properiy. and has fu!f pcvrer and [awful authority to seli, convey, transfer and mortgage the sarne: that it snall be lawful at any time hereafter for the Mortgagee to peaceably and quiedy enter upon, have. hold and enjoy said property, and every part thereof: that said property is iree and discharged from all tie:^s. encwnbrances and claims of any kind. incl~ding taxes anc! assessments, except those that may be set out above or he~einaher; that the Mortgagor Will ~ m3ke at Mort a or's ex ense and at nc ex ense to Mart a ee s~ch other ar.d (urther assurances to erlect the fee sim le title to said land, fixtures and 9 9 P P 9 9 P P per- ~ sonal property in the PAor;gagee as rr~ay hereafter be required; and that the Mortgagor hereb~ fully warrants ur.ta the Mortgagee tne title to said property and ~ I will de(end the same 2gainst the lawfu! cfaims and demands ot all persons whomsuever. NOW. TF'~RfFORE. the cond~tions of this mortgage are such that ii the Mortgagor shall well and truly pay unto the Mortgagee the indebtedness eviden~ed t~y that certaiz promissory note ot even date herewith, made by the Mortg3gor and payabfe to the IVlortgagee in the pnncipal sum of TE:; THOUSAND EIGHT NUNDRED FIFTY NINE DCLLARS --35/100--- 1.G~859.35 (5 the final ~ ~ paymer,t af which is due on _,Iune 1, ? 9Q2 . together with any note or no,e~ hereafter exewted by the Mortgagor hereinby and in accordance vtith paragraph sixteen oF this mortgage as hereinafter :~t fo~th and aecured by the lien of this morigage. together with interest as therei~ state~, and shall perform, comply with and abide by each and every the sii~ulat~flns, ag~eements, conditions and covenants contained and set forth in thls mortgage and in the Fromissary note secured hereby, then this mortgage and the estate hereby created shall cee~e and be null ~nd void. ' - • ~ ~ ,AND, the Mort~an~r does he~aby covenant and agree: _ To perform. comply with and abide by each 2nd every the stipulations, ayreements, r_onditions and covenants contained and set f~rth in said ~romissory note or notes. this mortgage and. if applicable, the 'oan agreement bEtw2en the Niortga{~ee ar~~ Mortgagor. _ 2. To pay the i~debtedness secured by this instrument and according to the true tenor and etfect of the promissory note hereinaaove mentioned or - of any renewal thereof, promptlY on the day or days the same severalty become due. - 3. To pay, he(ore becoming delinquent, all cbligati~ns, encumbrances, taxes, assessments. paving, sidewalk, sanitary and other assessments. levies or liens. now or hereaher levied or imposed upon or against the mortgaged propeny, and to exhibit to the M~:tgagee before such taxes, assessments. _ liens ar~d encumbrances bzcome delinqueni the official receipts !or payment thereof, and if the same or any pait thereof be not paid before becoming. delin~uent the Mortgage~ may at any time pay the same with accrued interest and charges, if any, w~thaut wai~in~ or afiecting Mortgagee's option to = foreclose this mortgage. or any right hereunder, and every payment so made ~hall bear interest trom the date thereof at the hishest rate authorired by Isw and al! such payments with intersst shall ~e secured by the lien hereof. ~ 5•MTG-17(Rev.S/76) M060~54-OIS - gts~y ~ OR PAG~ ~U`.7 U A