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Home My WebLink About0724 102062 3 1050052965 raf RIVERSIOE NATIONAL BANK OF FLORIDA ?211 Okeachobee Rd 1 t f~~~~~, Ftc,~~da 3n95-1 MORTGAGE ~ `C~`~ JAN~ARY 90 FORT PIERCE THIS MORTGAGE, executed th~s _ day of 19 _ at FLORIDA _ by _CUSTOM HOMES OF PORT ST. LUCIE, INC. , A FLORIDA CORPORATION o! !he hrst part, here~nalter called the Mortgagor, wh~ch term as used herein ~n every mstance sha11 ~nclude the Mongag~r's he+rs, execulors, admin~strators, successors, legal representalives and assigns. ~ncluding all subsequent grantees, either voluntary by act of the parties or involuntary byoperation of law, and sha11 denote the si~gular and/or plural and the masculine and/or feminine, and natural and/or aAific~al persons, whenever and wherever the context so re- quires or admits to RIVERSIDE NATIONAL BANK OF FLORIDA a Danking assceiation, of the second part, hereinaHer called the Mortgagee, which term as used herein in every instance shall include the Mortgagee's successors.legal representatives and assigns, including all subseque~t assignees. either ~oiuntary by act of the parties or involuntary by operation of law. WITNESSETH: TNAT tor d~vers good and valuable considerations. and also to secure the payment ot the aggregate sum of money named in the prom~ssory note of even date herewith, hereinatter ment~oned, together with mterest thereon, and all other sums of money secured hereby as hereinafter prov~ded. the Mortgagor does grant, bargain, selt, alien, remise, release, convey and conf~rm unto the Mortgagee, ~n fee s~mple, iAf the tollowing land: Lot 4, Block 1413, PORT ST. LUCIE, SECTION SEVENTEEN, according to the Plat thereof, recorded in Plat Book 13, Pages 8, 8A through 8D, public records of St. Lucie County, Florida. ~,v - R i ~ ~ ' ~ ; . • ~ „i x~~:~• _ ~-.T~~°~ oF _F S AMp ~ a t . ~ ^tv . " - p~tjl+A~t3ZARY z - : ~ > C;rrk . ' . •~t Cuurt a ~-p. ~t 'r4EN`tE . ~ ;;l- "7 : ~ L : ~ ~~r ~ ~ . . $y c~ - i.~. ~ f;, .ti ' - .~r3i•i,~ c'1/ ~J DeputyClerk . _ ----.~<<- - - - Tots: S ~ ' ; 4 l I I 8~ All buitdings, structures, and improvements ot every rature whatsoever now or hereafter s~tuated on the said property. and all fumiture, furnishings, ~ ~ xtures, machmery, equipment, mventory and materlals on site, and personal property of every nature whatsoever now or hereafter owned by the Mort- i gagor and located in, on, o~ used or irtended to be used ~n connection with or with the operatlon of said properly, buildings, structures or other improve- i ~nents, including all extensions, addit~ons, improvements, betterments, renewals a~d replacements to any of the foregoing, and all of the right, t~tle and i ~~terest of Ihe Mortgagor in any such personal property or fixtures subject to a conditional sales contract, chattet mortgage or similar lien or claim together € v~~th the benefit of any deposits or payments now or hereafter made by the Mortgagor ar on its behall. ~ Togetherwith all and singular the tenements, heredltaments, easements and appurtenances thereunto betong~ng, or in anywise appertaining, and the rents, issues, and profits thereof, and also a11 the estate, right. title, ~nterest and all cla~ms and demands whatsoever, as well m law as in equity, of said E `aortgagor in and to the same, and every part and parcel thereof, and also specitically but not by way of limitation all gas and efectric fixtures, radiators, ~ ~ea[e~s, water pumps, air conditioning equipment. machinery, boilers, ra~sges, elevators and motors, bath tubs, sinics, water closets, water basins, pipes. ~ Faucets, and other plumbing and heating fixtures, mantets, retrigerating plants and ice boxes, window screens, screen doors, venetian blinds, cornices, storm s h utters and awnings, which are now or may hereafter pe~tain t~ or be used with, in or on said prem~ses, even though they be detached ordetachable, are and shafl be deemed io be fixtures and accessories to the freehold and a part of the realty. s s ~ TO HAVE AND TO HOID the same, together with the tenements. hered~taments and appurtenances thereunto belong~ng, and the rents, ~ssues and , rohts thereof, unto the said Mortgagee. ~ The said Mortgagor hereby covenants with the sa~d Mortgagee that the said Mortgagor is ~ndefeas~bly seized wdh the absolute and fee simple titfe to ~ sa;d property, and has full power and law(ul authorlty to sell, convey, transfer and mortgage the same; that it shall be lawful at any time hereatter tor the ortgagee to peaceably and quietly enter upon, have, hotd and enjoy said property, and every part thereof; that said property is free and discharged from a11 ~ e ns, encumbrances and claims of any kind, including taxes and assessments, except those that may be set out above or hereinafter, that the Mortgagor will ~ ~~ake at Mortgagors expense and at no expense to Mortgagee such other and turiher assurances to perfect ihe (ee simple title tosaid land, fixtures and per- F sonaf property in the Mohgagee as may hereafter be required; and that the Mortgagor hereby tuly warrants unto the Mortgagee the title to said property and .v~~i detend the same againsi !he lawful claims and demands of all persons whomscever. ~ NOW, THEREFORE, the conditions of this mortgage are such that if the Mortgagor shall well and truly pay unto the Mortgagee the ~ ~~ebtedness ev~denced by that certain promissory note of even date herewilh, made by the Mortgagor and payable to the Mortgagee in the e ^c~pal sum of FORTY NINE THOUSAND TWO HUNDRED 5 Iv0/100 49, 200.00 the tinal ; ayment ot which is due on FEBRUARY 1, 1991 , together with any note or notes herea(ter executed by the Mortgagor ~•Areinby and in acco~dance with paragraph sixteen ot this mortgage as hereinafter set (orth and secured by the lien of this mortgage, togetherwith interesl as ~ ~erein stated and shall perlorm, complywith and abide by each and every the stipulations. agreements, conditions and covenants contained and set forth in +h~s mortgage and in the promissory note secured hereby, then this mortgage and the estate hereby created shall cease and be null and void AND, the Mortgagor does hereby covenant and agree: € t. To perform, comply with and abide by each and every the stipulations, agreements, condit~ons and covenants contained and set forth in said ~ a~omissory note or notes, this moRgage and, if apphcable, the loan agreement between the Mortgagee and Mortgagor. ~ 2. To pay the indebtedness secured by this instrument and according to the true tenor and effect of the promissory note hereinabove mentioned or ~ any renewal thereof, promptFy on the day or days the same severa{ly become due. ~ 3. To pay, betore beCOming delinquent, all obligations, encumbrances, taxes, assessments, paving, sidewalk sanitary and other essessments, levies hens, now or hereafter levied or imposed upon or aflainst the mortqaged property, and to exhibit to the Mortgegee before such taxea, assessments, ':ens and enCUmbrances beCOme delinque~t the official receipts for payment thereof, and if the same or any part thereot be not paid before bc+COming E ~:elinquent, the Mortgagee mey at eny time pay the same with accrued interest and charges, if any, without waiviny ot affecfing Mortgagee's option to ' foreciose this mortpage, or eny right hereunder, and every payment so made shall bear i~terest from the date thereof at the highest rate authorized by law and all SuCh payme~ts with interest shall be seCUred by the lie~ hereot. >~.4TG-17~Rev.12/85? M060-54-015 THIS INSTRUMENT PREPARED BY: ~~Ve_~S~G~ ~`c~~~;-~~r~ ~ ~r a c~ \ \ ~~--~Qt`r-<.`_ o ~ . . 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