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HomeMy WebLinkAbout0406 1020460 10~8~~1~>j raI RIVERSIDE NATIONAL BANK OF FLORIOA t t i`r.ee. t o[•re Ra . , , , f . ~ F~: ' ~ cu~tTcr.,~S DIY,CI~• Add Fee = S~ L.ucie Ct unty Dx TaY i Clulc of G~rruit Court Iat Tac = ~ - . MORTGAGE THIS MORT(',AGE exe: ~,~ed ~n;s c~ay o, -IArLAR~ ~Q 90 FORT PIER(:~ - _ _ at - _ FLORIDA RliSSELL A. 4,'HITE AND JANICE 1dHITE, his wife AY - - - - _ _ - - - +tie first part. neremafter caUed the Mortgagor. wn~ch term as used here~n m every ~nsiance shaa~ ~nC~~ide ihe MortgBgOr'S heirs, e~eCUtors, 8dm~nisUetors. s.,c:.essors. tegai ?ep~esentatwes and ass~gns. ~nclud~ng all subsequent grantees. e~tner voluntary by act ot the part~es o? ~nvoluntary by operafion ot Iaw. and ~~~ai~ denote the singular andlor plural and the mascu6ne and/or feminine, end natural and,~or art~f~aal persons. whenever and wherever the context so re a~i~e5 Or admits to RiVERS10E NATIONAI BANK OF FLORIDA, a bankirtg assoc~atlon, of the second part. here~nafter Caited the Mortgagee, which ~e~m as usetl ~ere~n m eve.ry instance sAell ~nciude t~e MOrtgegee's successors. ~egai representatives and ass~gna mclud~ng a1l subsequeM assiqnees. e+the~ .;~~;,~tary by act ot the part~es or ~nvo~untary by operahon o! law WITNESSETH: THAT for dwers good and valua~le cons~derations antl aiso to seCUre the payment of the agg~egate sum of money named ~n lhe prOmiSSOry ~ote ~~f :>:en date herew~th nere~nafter menhoned. together wrtn ~merest thereon, and au other sums ot money secured hereby as hereinaHer prov~ded the Mongagor does grant. ba?gam, sell. ahen. remise. release convey and conhrm unto the Mortgagee. ~n fee s~mple. 4 tne lollowmg iand Lot 16, Block 149, LA}:EWOOD PAItR UNIT ELEVEN, according to the Plat thereof, as recorded in Plat Book 11, page 32, of the Public Records of St. Lucie Co~nt}~, Florida. I! ~ ~ -~F ' `!1-~. ~ ~ : ~ ~JCC~JM[!r iE.R` .'-TA?V~t ' ~ ' ~;t: - , ..s ~c~:i'_ - - ~ ~ ~ - 'eN.. ~ , ~~;~t~ " ~ tl • 'i _ v;-~, - - - - - - - - ~ ~ i i I l ~ ~ ~ 3 Ali buddings structures. and improvements o' eve~y naturE wh8tsoeve' now o~ hereatter srt.,ated on the said property and a~l furnlture, turnishings, ' x!~~es mach~nery epuipment mventory and matenals on s+te and ae~sonai property ot every na:ure whatsoever now or hereatter owned by the Mort- yagor and located ~n. on or used or mtended te be used m connect~or, wrth o• wrth the operaLOn of sa:d property. buildings, structures or othe~ improve- Fnts. mcluding al! extens~ons. addiLOnS. ~mprovements. betterments renewals and reptaceme~ts to any o1 the forego~ng, and all of the right, t+tle and •-e~est of tne Mortgagor ~n any such personai property or f~xtures subiect to a condit~onal sales contract. chatte! mortgage or sim~lar lien or cla~m together ~ tne benefit of any deposrts or payments now or hereatter made by the Mortgagor or on rts behalf ~ Topether with ali and smgular ihe tenements hesed~taments easements and appurtenances thereunto be~ong~ng. or ~n any w~se apperta~ning, and the -~~~!s. ~ssues. and profrts thereof. and also a~l ihe estate nght trtle, ~reterest and al1 c~a~ms a~d demands whatsoeve?. as well m law as in equity, ot said ~ ~~tgagor m and to the same, an~ every part and parce: thereof, and also speat~cally but not by way o! t~mrtat~on all g3s and electric fixtures, rad~ators, s ~~a~ers, water pumps. a~r cond~t~on~ng equ~pment. mach~nery. bo~lers ranges. elevators and motors. bath tubs, smks, water closets, water basi~s, pipes. 'a ~cets, and other plumbing and heatmg hxtures. ma~!eis. r2fngerat~ng plants and ~ce boxes. w:ndow screens, screen doors, venetian bhnds, cornices, storm s^ utters and awmngs, whlch are now or may hereafter pertam to or Ge used w~th, m or on sa~d prem~ses, even though they be detached ordesachable, are and s^aii be deemed to be hziures and accessones to the freehold and a part oi the realty. TO HAVE AND TO HOLD the same. together w~th the tenements. hered~taments and appurtenances thereunto belong~ng, and the rents, ~ssues and p~ohts thereof, unto the sa~d Mortgagee. ~ The sa~d Mortgagor hereby covenants w~th the sa~d Mortgagee that the sa~d Mortgaga ~s mdefeas~Dly seized w~th the absolute and fee s~mple t~tle to I ~a~d property, and has fuli power and tawfui authonty to sell, convey, transfer and mortgage the same: that ~t shall be lawful at any time hereafter for the ~ '"~rtgagee to peaceably and qu~etly enter upon, have. hoid and en~oy sa~d property, and every pa~t thereof: that sa~d property is free and d~scharged from a11 ~ ens, encumbrances and ctaims of any ki~d ~nclud~ng taxes and assessments, except those that may be set out ab~ve or here~nafter, that the Mortgagor wlll T asce a! Mortgagots expense and at no expense to Mortgagee such other and turther assurances to perfect the fee s~mple title to sa~d land, f~xtures and per- sonal property in the Mortgagee as may hereafter be requ~red; and that the Mortgagor hereby fufly warrants unto the Mortgagee the t~tle to sa~d property and ~ h~ii defend the same against the lawiul cla~ms and demands of all persons whomscever. ~ NOW, THEREFORE, the conditions of this mortgage are such that tf the Mortgagor shali well and truly pay unto the Mortgagee the ~ -~debtedness evidenced by that certain promissory note oi even date herewith, made by the Mortgagor and payabfe to the Mortgagee ~n the ;:-:nc~pa~ sum of SIXTY ONE THOUSAIr'D b NO/100 61,000.00 (S the hnal payment of which ~s due on J~UARY 1, 1991 together wrth any note or ~otes hereafte~ executed by the Mo+tgagor ~ereinby and in accordance with paragraph s~zteen of thls mortgage as here~nafter se! forth and secured by the hen of this mortgafle, to9gther w~th ~nterast as 'herein stated and shall perform, comply with and abide by each and every the stipulat+ons. agreements, canditions and covenants conteined and set torth In th~s mortgage and in the promissory note secured hereby, then th~s mortgage and the estate hereby created shalt cease and be nu11 and vo~d AtvD, the Mortgagor does hereby covenant and agree: t. To perform, comply with and abide by each and every the st~pulations. agreements. conditior,s and covenants conta~ned and set forth ~n sa+d ~~omissory note or notes, this mortgage and, ii applicable, the loa~ agreement between the Mortgagee and Mortgagor 2. To pay the indebtedness secured by this instrument and according to the tr~e tenor and effect of the prom~ssory note here~nabove menhoned or ` any renewal thereot, promptly on the day or daya the seme severally become due. i. ~ 3. To pay, before beC~ming delinquent, all obligationa, encumbrances, taxes, asaessments. peving, sidewali~ san~tary end oti~er assessments. levies o~ I;ens, now or hereafier levied or imposed upon or aflainst Ihe mortpaped property, and to exhibit to the Mortyagee before such taxes. assessments, '~ens and entumbrances become delinquent the oHicial receipte for payment thereof, and if the same or any part thereof be not paid before Gecomi~g delinquent, the Mortgegee may at any time pdy the same with accruad interest and charges, if any, wrthout weivinfl or affect~ng Mortgagee s option to foreclose this mortgage, or any right hereunder, and every payment so ma~ie shall bear interest Irom the date thereof at the h~ghest rate author~zad by Iaw a~d all such payments with interest shall be secured by the lien hereof. ~ MTG•17iRev.12/85) M060•54-015 THIS INSTRUMENT PREPARED BY r R s74 PAGE 406 BOGX Fn..t I'.c RNB 0~ 7fi 6 EY-' ~ - . .rti.~~ A 'S.:2~','"A . ~ :.~,~.W- ~ - _ ' ~~X . 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