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RIVERS~DE NA710NAL BANK OF FLORIDA
, l 1 ~)i.c~d; hUGeN Rd
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MORTGAGE
7~+ist~ORTGaGE exec~,!ed!n~s 19th ~iy~! January ~9 90__ at_ Ft.__~'ierce__--_,----._- - ,
by ~r~n _Ja~nes_ Piggott and r1ar~~_ PiggQi;_t, _ hi~ ~tt f~__-----
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-r the fust part, hsre~nalter catled the Martgagor, wh~ch term as used here~n ~n every !nstance shaU ~~dude the Mortgagor's heus, executors, adm~n~strators,
~uccessors,lega~represeMatnresandass~gns,~nclud~ngausubsequentgrantees.e~thervoluntarybyactofthepartieso?fnvoluntarybyoperationoflaw.and ~
~nau denote the smgular and/ot p!ural and the masculine andlor temimne, and natural and/or art~f~c~at persons, whenever and wherever ihe coniext so re-
qu~res or adm~ts to RIVERSIDE t~ATIG~NAL BANK OF FLORIDI~ a bank~ng associat~on, of the second part, here~natte? cailed the Mortgagee, wh~ch
~.~rm as used ~ere~n in every ~nstance shali include Ihe Mortgagee's successors. tegal representatives and ass~gns. ~nr.luding alt subsequent assignees, either
„~;untary by act of the partles or mvoluntary by operatlon of Iaw
WITNESSETH:
TNAT for dwers good and valuable cons~derat~ons, and aiso to secure ihe payment of the aggreyate sum ot money named ~n the prom~ss~ry note ot
~~~en date herewith, herelnatter meMioned, together w~th mterest thereon, and aU other sums of money secured hereby as hereinafter provided, the
`.'~rtgagor does grant, baryaln, sell, alien, remise. release convey and conl~rm unto the Mongagee, ~n fee simpte.
n~ the followmg Iand:
Lot 25, Block 2256, PORT ST. LUCiE SECTION THIRTY-THREE, according to the
piat thereof, recorded in Plat Book IS, Page 1, lA through 1V of the Public ~
Records of St. Lucie County, Florida.
P~: ~'a~ ~ ~`'L bOUtILA9 DtlCOPI
Add Fee i s....~_ St Lud~ Crnnty '
D~o Taxi G~vS Clerk oi Gtircu;'t Court =~1,~_i F- '~~j R i'~,~ ,
iai Ttiuc gy .~V' ~ r,~ • r~ E~i f A~t ~1 ~ ~ r~ ~~n s'
7 ~ De~nty Clark . - ^1<< Fti~~s"-_ " `
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~ _ All bu~ldings. structures, and improvements o! every naturE hhatsuz~~B~ nOw or herealter s+tuated on the sa~d property. and a~~ furn~ture, furn~sh~ngs,
j `.*tures, machinery, equ~pment, inventory and matenais on srte, and personal property ot every nature whatsosver now or hereaiter owned by the Mort-
yayor and located in, on, or uSed or mtended to be used in connection with or with the operation ot Sa~d property, buildings. struCtures or other improve-
~ ~~~ents, includi~g at1 extensions, add~t~ons. ~mprovements, betterments, renewals and replacements to any of the toregoing, and sll of the right, t+tle and
4 terest of the Mortgagor in any such personal property or f~xiures sub~ect to a cond~tional sales contract, chattel mortgage or s+milar lien or cla~m togethe~
±n the beneht of any deposits or payments now or hereafter made by the Mortgagor or on its behal(
' Together with all and singuiar thelenements, hered~taments. easements and appurtenances thereunto belong~ng, or ~n any wlse appertaining, and the
~ants. issues, and pro111s thereof, and also a?I the escate. nght, t~tie. ~nterest and a11 claims and demands whatsoever, as well m!aw as in equity, of said
*!ort_yagor in and to the same, and every part and parcel thereof. and also sGzc+hcalty but not by way of lim~tation atl gas and etect~iC fixtures, radiators,
E > eaters, water pumps, air conditiorung eqwpment. mach~nery. boilers. ranges, elevators and motors, bath tubs, sinks, water closets, water basins, pipes,
~ •-,ucets.andotherplumbingandheatmgfixtures.mante~s retngeraS4ngp;aMsand,ceboxes.windowscreens,screendoors,venetianbtinds.cornices,sto~m
~ ~:~tters and awnings,which are now or may hereafter perta~n to or be used w~th, in or on said p?em~ses. even thaugh they be detachedordetachable, are and
a~~ be deemed to be fbxiures and accesso?ies to the f.eehold and a part ot the realty.
~ TO HAVE AND TO HOLD ihe same, together w~th the tenements, hered~taments and appurtenances thereunto belonging and the rer,ts. issues and
~ ;~of~±s ihereof, unto the said Mortgagee.
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s The sa+d Mortgagor hereGy covenanis w~th the sa~d Mortgagee lhat the said Mortgago+ ~s ~ndeteas~bly seaed with the absolute and fee simple t~t1e to
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; --i property, end has fuil power and lawfu! auihonty to sefl, convey. trar.sfer and mortgage the same; that it shall be lawEul at any time hereatter for the
I ~ rtgagee to peaceably and quietly enter upon, have, hold and enJoy sa~d property, and every part thereof: that said property is free and discharged from all
~ e~ ~ s, e~cumbrances and claims of any kind, including tazes and assessments. except those ihat may be set out above or hereinaSter, that the Morigagor wiVt
~ a Ke at Mortgagors expe~se and at no expe~se !o Mortgagee such ot~er ard (urther assurances to perfect the fee simple title to said land, f~xtures and per-
e nal property+n tne rAortgagee as may herealter t~e required; and that ihe Mortgagor hereby tufly warrants unto the Mortgagee the title to said property and
F defend the same against the lawful claims and demands of all persons whomsoeve~.
s NOW, THEREFORE, the condrt+ons of thls mortgaga are such that if the Mo;tgagor shal{ we+1 a~d truly pay unto the Mongagee the
~ -_!ebtedness evldenced by that certa±n promissory note of even ~ate herewith, made by the MoRgagor and payable to the Mortgagee fn the
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r ~•~c:pal sum Of Four Thousand Five Hundred and NO/100--------------! tg 4,500.00 ,1. tne t,nai
.:yrnent ot which is due on r~ebLUary 1, 1991 , together with any note or notes hereafter executed by the Mortgagor
~=•e~nby and in accordance with paragraph sixteen of thls mortyage as here~nafter set forth and secured by the hen of this mortgage, together with interest as
~.,reln stated, andshall pertorm,complywith and abide by each and everythe st~pulat~ons, agreements, conditions andcovenantscontalnedand setforth in
; mortgage and in the promissory note secured hereby, the~ this mortgage and the estate hereby created shall cease and be null and void.
A~lD, the MoRgagos does hereby covenant and agree:
1 To perform, comply with and abide by each and every the st~pulat~ons, agreements, cond~tions and covenants conta~ned and set forth ~n sa~d
•~m~ssory note or notes, this mortgage and, if appl~cable, the Ioan agre.ement between the Mortgagee and Mortgaqor.
2. To pay the indebtedness secured by this instrument and according tothe true tenor and ettect ot the prom~ssory noSe h2reinabove mentioned or
' any ;enewal thereof, prompty on the day or days the same severally become due.
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9 3. Ta pay, before becoming delir~quent, all obligations, encumbrances, taxes, assessments, paving, sidewalk sanitary and other assessments, levies
~ i,ens, now or hereafter levied or imposgd upon or against the mortgaged property, and to exhibit to the Mortgagee before such texes, assessments.
~~«s and encumbrances beCOme delinquent the ofticiat receipts tor payment thereof, and if the same or any part thereof be not paid before becoming
~quent. the Mortgagee may at any time pay the same with accrued interest and r.harges, if any, without waiving or affecting Mortgagee's optio~ to
' reclose th~s mortgage, o~ any right hereunder, and every payment so made shall bear iMerest from the date thereof at the highest rate authorrzed by law
~ d a11 such payments wiih interes! sha!{ be Secured by the lien hereot.
"TG-171Rev 12/851 M060-54-015 THIS {NSTflUMENT PREPARED 8Y~ RIVERSIDE I~ATIOI~AL BA~;~'
' ~ `F ~`~`l~ ,a~ f a ^~.'__'.y~~.c~rli~' a~'~~~J-,
H1:P n~: P. OOi/1~ 675 P~E 80~
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