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Home My WebLink About1510 1UZ09bn - 1058402155 raf RIVERSIDE NATiONAL BANK OF FLORlDA 221 1 Okeac~obee Rd ~ F~ _ DI7~ON ~1 P~~•~c e, ~ ~c~r~da 3495•t • p'~'~ ~ ef. LOd~ Countv I` I'nx 1~~~~QRk OS GYrcuit Cou~t _ !n! '1'wt ~ R'.. -r~ ~ MORTGAGE i ~ ~ ~ ~q~ C~u~ 16th JANUARY 90 PORT ST. LUCIE TNIS MORTGAGE, ezecuted this _ day o1 ~ ` , 19 at FLORIDA by PACE 2000, INC., a Florida Corporation o! the tirst part, hareinafter called the Mortga9or, which term as used herein 1n every ~nstance sha11 ~nctude ihe Mo~tga~ors heirs, executors, administratocs. s ~~ccessors, legal representatives and assigns, including all subsequent grantees, either voluntary by aCt ot the parties or involuntary byoperation of law, and sha~~ denote the singular and/or plural and the masculine and/or feminine, and naturaf and/or artificial persons, whenever and wherever the context so re- qu~res or admits to HIVERSIDE NATIONAL BANK OF FLORIDA, a banking assoCiation, of the second paA, hereinafter called the Mortgagee, which term as used herein in every instance shatl include the Mortgagee's successors, legal representatives a~d assigns, including all subsequent assignees, either ~otuntary by aCt of the pa?ties or involuntary by operation of law. WITNESSETH: THAT for divers good and valuable considerations, and also to secure the payment of the aggregate sum ot money named in the promissory note of even date herewith, herei~atter mentioned, together with interest thereon, and all other sums ot money secured hereby as hereinatter provided. the F.tortgagor Qoes grant, barQain, sell, 81ien, remise, release, convey and confirm unto the Mortgagee, in fee Simple, iA) the loliowing tand: The North 79 feet of the South 230 feet of the West 127.5 feet of the East 177.5 of the NW 1/4 of the SE 1/4 of the NW 1/4 of the SE 1/4 of Section 8, Township 35 South, Range 40 East, St. Lucie County, Florida. - ST~~fE ~F F!_.~7Ri~A + . U % =UfV1ENTARY., ;'_;d StAMP TA~( i t. - - - Oc~ T •1~ REVF~Ii1F . _ _ .;ur=~`~f? 1~.- ;~=r bi 4 ~ f , . - I AU buildmgs, structures, and improvements of every nature whatsoeve~ now or hereafter s~tuated on the said property, and aU fumiture, fumishings, t~x;ures, machinery, equipment, inventory and materials on site, and perscnal property of every nature whatsoever now or hereafter ownad by the Mort- ,agor and located in, on, or used or intended to be used in connection with or with the operation of said property, buildings, struCtures or other improve- ~~:ents, including all eztensions, additions, improvements, betterments, renewals and replacements to any of the foregoing, end all of the riqht, titte and ~~?erest of the Mortgagor in any such personal property or fixtures subject to a conditiona! sales contract, chattel moRgage or similar lien or claim together ;.~ch the benefit of any deposits or payments now or hereafter made by the MoAgagor or on its behalt. Together with aN and sirtgu~ar the tenements, hered~taments, easements and appurtenances thereunto belonging, or in any wise appertaining, and the rents, issues, and profits thereof, and also all the estate, right, title, interest and all claims and demands whatsoever, as well in (aw as in equity, of said ?."oRgagor ~n and to the same, and every part and parcel fhereof, and also specitically but not by way ot limitation all gas and electric tixtures, radiators, !•e~ters, water pumps, air conditioning equipment, mach~nery, boiters, ranges, etevators and motors, bath tubs, sinks, weter Closets, water basins, pipes. ~aucets, and other plumbing and heating fixtures, mantets, refrigerat+ng plants and ice boxes, window screens, screen doors, venetian blin~s, cornices, storm s~utters artd awnings, which are now o? may hereafter pertain toor be used with, in or on said premises, even though they be detached ordetachable, are and shall be deemed to be fixtures and accessories to the freehold and a part ot the realty. TO HAVE AND TO HOLD the same, together with the tenements, hered~taments and appuAenances thereunto belonging, and the rents, issues and ;~~ofits thereof, unto the said Mortgagee. The said Mortgagor hereby covenants wlth the sald Mortgagee that the said Mortgagor is indefeasibly seized w~th the absolute and (ee simple title to ~a;d property, and has (ull power end Iawful authority to se11, convey, iransfer and mortgage the same; that it shall be lawtul at any time hereafter for the ortgagee to peaceably and quietly enter upon, have, ho~d and enjoy said property, and every part thereof; that said property is free and discharged from all ~ns, encumbrances and claims of any kind, including taxes and assessments, except those that may be set out above orhereinafter, that the Mo?tgago~ will T ake at Mortgagots expertse and at no expense to Mortgagee such other and fuAher assurances to perfect the tee simple title to said land, fixtures and per- sonal properry in the Mortgayee as may hereafter be required; and that the Mortgagor hereby fully warrants unto the Mortgagee the title to said property and :;:il defend the same against the tawtut claims and demands of all persons whomsoeve~. NOW, THEREFORE, the conditions of this mortgage are such that if the Mortgagor shali wett and truty pay unto the Mortgages the ~debtedness ev+denced by that ceriain promiasory note ot even date herewith, made by ihe MoRgagor and payable to the Mortgagee in the ;:-,nc~pa~ sum ot FORTY ONE THt7USAND SIX HUNDRED ~ NO/100 ~s 41, 600. 00 f, the t;nal :ayment of which is due on AIIGUST 1, 19g0 together with any note or notes he~eafter executed by the Mortgaflor `~e reinby and in accordance with paragraph ~ixteen Of this mongage as hereinafter set forth and secured by the tien ot this mortgege, toyether with interes2 as !nerein stated and shali perform, complywith end abide by each and every the stipulations, agreementa, conditions and covenanta contained and set forth in !^~s mortgage and in the promissory note secured hereby, then this mortgage and the estate hereby created sha11 cease and be nuli and void ANp, the Mortgaqor does hereby covenant and agree: 1. To perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants contained and set torth in seid :~~omissory note or notes, this mortgaye and, if applicable, the loan agreement between the Mortgagee and MoAgagor. 2. To pay the indebtedness secured by this instrument and accordiny to the true tenor and eftect of the promissory note hereinabove menlioned or any renewal thereoi, prompty on the day or days the sama severally become due. 3. To pay, betore becominy delinquent, all obligationa, encumbrancea, taxes, aasesaments, paviny, sidewalk sanitaryand other asseasments~ tevies or liena, now or hereafter bvieA or impased upon or aQainst the mort~aQed property, and to exhibit to the Mortyayee before euch ta~ces. aaaessmenta ~+ens and encumbrances become delinquent the oNicial receipta for payment thereof, an~ if the same or any part thereot be not paW before becoming delinquent, the Mortyagee may et a~y time pay the same with accrued intereat and Charges, if any, without waivinfl a aHecting Morigeyee's option to foreclose this mortgaqe, or any right hereunder, and every payw?ent so made ahall bear interast lrom the date thereof at the highest rate authorized by law and all such paymenta with intereat ahall be securad by the lien hereof. Riverside National Bank S-MTG•17~Rev 12/851 M060•54-015 TNIS INSTRUMENT PREPARED BY: 2211 Okeechobee Road , -~t Gnn~ Int RNB-0~28 800K~~~ PACE1510 Ft. Pierce, FL 34954 .~.~,_is~ _r__ r ~....-~x.. ~._~,_t_..,..~