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HomeMy WebLinkAbout0411 102183? . " RIVERSIDE NATIONAI BANK OF FLORIDA =?1 1 OkreChc?bee Rtl / J ~ ~ , F,,.~~~,.~ ~ec Fee ~.~..w.-DOUG[~s nTx~v Add Ft~ _ ..~_St Lucie Cour~•~. 7'ax s Clerk of Circu?~ ~~~,:K ~G- [n1 Tsuc = By ~ MORTGAGE (;j~~ T,:.,al i v'" ~ 1~ ~ Januar i9._ 90 a~ fHIS MGRTGAGE executed th.s day ot - by_ Custom Homes of Pt. St. Lucie Inc._r1 Florida Corporation } the first part. hereinafter called the Alortgagor, wh~ch term as ~sed her2~n ~n every ~nstance shall ~nclude tt~e MoRgagor's heirs, executors, administrators. nuccessors, legal re~resentatrves and ass~gns. ~ncluding all subsequent grantees, erther vol~ntary by act of the partiesor involuntary byoperation ot law, and shali denote the singular and/or plural and tRe masculine and/or (eminlne, and nalural and/or artdicial persons, whenever and wherever the contezt so re• awres or adm~ts to RIVEiiS1DE NATIONAL BANK OF FLORIDA, a banking association, of the second part, here~nafter called the I~"lortgagee, wh~ch ! erm as used here~n in every instance shall include the Mortgagee's successors, legal represe~tatives and assigns, inc~ud~ng all subsequent assignees, either .o~~,ntary by act of the pa~ties or involuntary by operation oi law WITNESSETFI: TNAT for d~vers good and valuabte considerations. and also to secure the payment of the aggrey~ste sum of money named ~n the promissory note of <°.en date herew~th, here~nafler mentioned, together w~th ~nterest thereon, and a11 other sums of money secured hereby as hereina'ter provided the :±ortgagor does grant, bargain, sell. alien. remise. release. convey and canf~rm unto the Mortgagee. ~n fee s~mple, a the followmg land: Lot 10, Block 1681, PORT ST. LUCIE SECTION THIRTY-ONE, according to the Plat thereof, recorded in Plat Book 14, Pages 22, 22A through 22G, public records of St. Lucie County, Florida. - ~'?~'iT~ ~~lK+= ; ~ ~ G~`:~ME~~iARY. ~ STAMs= , ~ ; ~~cti ~ - . , - , _ . - , ,~y ~ ~ ` " . t eA~y' ~ I ; 3~ Ail bwldings. structures, and ~mprovements of every natwe whatsoever now o~ herealter s~tuated on the sa~d property, and al~ (urn~ture, furnishings, ~ '~xwres, machinery, equ~pment, ~nventory and mater~als on srte, and personat property of every nature whatsoever now or herealter owned by the Mort- f gagor and located in, on, or used or ~ntended to be used ~n connection w~th or w~th the operation of said property, buildings, structures or other improve- f ents, including atl extensions, addihons, improvements, betterments. renewals and replacements to any of the torego~ng, and all of the right, t+tle and ~terest of the Mortgagcr in any suCh personal property or fiztures sub~ect to a conditional sales contract, chattel mortgage or similar lien or clalm together ; :.,ch the benefit of any deposits or payments now or hereafter made by the Mortgagor or on ds behalf. ~ Together with all and singular the tenements, hered~taments. easements and appurtenances ihereunto belonging, or in any wise appQrtaining, and the e^rs. issues, and prohts thereof, and also all the estate, nght. title. ~nterest and al1 claims and demands whatsoever, as well ~n iaw as in equity, of said ~ ortgagor in and to the same, and every part and parcel thereof, and also specihcatly but not by way of hmltation all gas and electric fixtures, radiators, ~ ~~eaters. water pumps. air conditioning equipment, mach~nery•, boilers, ranges, elevators and motors, bath tubs, sinks, water closets, wate? basins, pipes, ~ ~cets, and other plumbinq and heating hxtures, mantels, refngeratmg ptants and ~ce boxes, window s~reens, screen doors, venetian biinds, cornices, storm .~••~ttersand awnings,which are nowor ma~ hereafter perta~n toor be usedw~th, ~nor on said Drem~ses, even thoughtheybe detachedordetachable.areand s^all be deemed to be hxtures and accessories fo the ireehold and a part ot the realty. TO HAVE AND TO HOLO the same, together with the tenemenES, hered~taments and appurtenances thereunto betonging, and the rents, issues and ;•ohts thereof, unto the sa~d Mortgagee ~ The said Mortgagor hereby covenants w~th tne sa;d Mortgagee tnat the said Mortgagor ~s inclefeas~bly se~zed with the absolute and fee s~mple t~ile to ~ a d property, and has tull power and lawtul authonty to sell, convey, transfer and mortgage the same; that it shall be law}ul at any time hereafter for the ~~cgagee to peaceably and qu~etly enter upon, have, hotd and enjoy said property, anci every pa~t thereof; that sa~d property is tree and discharged from all ~ a ns, encumbrances and claims of any kind, includmg taxes and assessments, except those that may be set out above or hereinafter, that the Mortgagor w~ll ~ a ke at Mortgagors expense and at no expense to Mortgagee such other and further assurances to perfec! the fee simple title to said land, fixtures and per- ~ ~ c; ~~al property in the Mortgagee as may hereafter be required; and that the Mortgagcr hereby fully warrants unto the Mortgagee the title to sa~d property and ' defend the same against the lawful daims and dema~ds of all persons whomsoever. ~ NOW, THEREFORE, the conditions of this mortgage are such that if the Mortgagor shall well and truly pay unto the Mortgagee the ~ -~ebtedness evidenced by that certain promissory note of even date herewilh, made Dy the Mortgagor and payable to the Mo~tgagee in the ~ ` nc~pal sum of Sixty Thousand and NO/100--------------------------- ~g 60,000.00 the final ayment of which is due on Februarv 1. 199}, , togeiher with any note or notes hereafter executed by the Morigagor -.~re~nby and in accordance with paragraph sixteen of this mortgage as hereinafter set forth and secured by the I~en of this mortgage, together with interest as ere~n stated and shail perform,complywith and abide byeachand everythe st~pulations. ag~eements, conditions andcovenantscontainedandsetforth in s mortgage and in the promissory note secured hereby, then this mortgage and the esfate hereby created shall cease and be null and void. AND, the Mortgagor does hersby covenant and agree: F ' t. To pe~torm, comply with and abide by each and every the st~pulat~ons. agreements. cond~tions and covenants co~tained and set forth in said ~ ;;~omissory note or notes, lhis mortgage and, if applicable, the loan agreement between the Mortgagee and Mo~tgagor. s ~ 2. To pay the indebtedness secured by this instrument and according to the true tenor and e(tect of the promissory note hereinabove mentioned or ~ ~ any renewal tAereot, promptly on the day or days the same severally become due. ~ 3. To pay, before becoming delinquent, all obl~gations, encumbrances, texes, assessments, paving, sidewalk, sanitary and other assessments, levies ~ I~ens, now or herea(te? levi8d or imposed upon or againat the mortgaged propeAy, and to exhibit to the Mortgagee betore such taxes, assessments, ens and encumbrances b8come delinQueM the oHicial receipts for paymen; thereof, and if the same or any pert thereot be not paid betore becoming ~ :eiinquent, the Mortgagee may at any time pay the same with accrued interest and charges, if any, without waiving or affecting Mo~gagee's option to £ !n+eclose this mortgage, or any nght hereunder, and every peyment so made shall bear interest from the date thereof at the highest rate authorized by law +~a a~l such payments with inierest shall b8 secured by the lien hereof. ` `.4TG-t 71Rev 12851 MO60-54-Ot 5 THIS INSTRUMENT PREPARED BV. < < `~~c~ a \ R?~c~ ~ . ~e z5 O ~ 7 ~ ~N~i~ ~S~ a-_ a ~ ~ ~L ~_a ~ ~ ~ c~ , ~ ~t r~ a! o, 60G~~ ~ 1~-, ~ ~ ~ ~ - - Y: - - - - - ~ ~ 3~-~ fs_ :~~..~~aa :r~ - ~ ,y , ~