HomeMy WebLinkAbout1411 1022354
RIVERSIDE NATIONAL BANK Of FLORIDA
2211 OkeeChobee Rd
Ft Pierce. Flonda 33450
THISISABALLOONMORTGAGEANDTHEFINALPRINCIPALPAYMENTORTHEPRINCIPALBALANCEDUEUPONMATURITYISS 76.940.99
TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADYANCEMENTS MADE BY THE MORTGAGEE UNDER THE 7ERMS OF THIS
MORTGAGE.
BALLOON MORTGAGE
~
iHIS h10RTGAGE executed t~~s ~ day oi _ .IdIIllST~'___- - 19_ ~Q_ at sooo~~1~`~- H~t~C -~j--- -
:'~~rt St. LucieZFl_ ~y _ Jimmy ~"luore 6 Linda Moore~is_l.'ife_______ _
~ ~he i~rst part. heremaf(er called the Mortgagor, wh~ch term as used herem ~n every ~nstance shau Include the Mortgagors heus, executors. adm~n~strators,
cessors. legal representahves and ass~gns, mdud~ng all subsequent grantees, erthervoluntary by act of the part~esor mvoluntary byoperat~onof ~aw. and
~,~aii denote th2 s~nyuiar and/or plurat and the mascui~ne anti/or fem~rnne, and natural and/or art~haai persons, whenever and wherever the context sa re-
~,,:res or adrrs~ts to RIVERSIDE NATIONAL BANK OF FLORlDA, a bank~ng assxiat~on, of the second part, here~nafter called the Mortgagee, whlch
as used here~n every mstance shali mclude the Mortgagee s successors, iegal representatrves and ass~gns. ~nclud~ng all subsequent ass~gnees, e~ther
.:~ntary by act of Ihe part~es or invoiuntary by operahon of iaw
WITNESSETH:
THAT for d~vers good and valuable cens~derat~ons, ard also to secure !he payment of the aygregate sum of money named ~n the prom~ssory note of
-.en date herew~th here~nafter ment~oned. toyether wrth ~Merest thereon. and al1 o?ner surr~s of money secured hereby as here~nafter prov~ded. the
._^gagor does grant, barga~n, seU. ahen, rem~se, release, convey and conhrm unto the Mortgayee ~n fee simple.
the follow~r.g fand
Lot 3, RIVER Hr1I~A10CK SUBDIVISION, according to the Plat [hereof, as recorded in Plat
Book 23, Page 2 of the Public Records of St. Lucie County, Flori3a.
~t~c Fe~ i ~Dd[~lfJlB DIRON i
~ F~ a ,
eR Ldd~ C.c~unt~- - - . _ _ _ ~
'~x = - ~ ,~T ~ r l_ J ~ r : ;
Qae~ofCi u~~,,urt r;'~; ~.',/tENIARY, ~ c ~
. :zx = ~ ~ z _ _ _ F _TAM~ _ ~
T~ i 3.~ ~ _ ~a? ~ _ . = ,~d,.~~~' i:_ :.,;~;=T',; ' ~ ~
-.~.r~.. _ . ~
~ :
I ,
i
f al! bu~Idmgs, structures. and ~mprovements of every nature whatsoeve~ ~ow or hereafter situated on the sa~d properiy, and a!I fumfture. furn~sh~ngs. '
! ~.:~es mach~nery equ~pment, inventory and matenals on s~te. and personal property of every nature whatsoever now or hereafter owned by the Mort-
;~:;~,r and located ~n. on, or used or intended to be used m connect~on with or with the operat~o~ ot said property. bulld~ngs. structures or other ~mprove-
` ~~~ts. ~ndud~ny all extensions, add~UOns, improvements. betterments, renewals and replacements to any of the foregoing. and all of the nght, trtle and
~ ~.?•est of the Mortgager in any such personal property or hxtu~es s~b~ect to a conditional sales contract, chattel mortgaye or s~m~lar I~en or cla~m together
; •n the benef~t o' any deposits or payments now or hereafter made by the Mortgagor or on its behalf
Together with ail and s~ngular the tenements. hereditaments, easements and ap~urtenances thereunto belonging, or in any wise apperta~n~ng, and Ihe
~ u. ~ssues, and proflts thereof, and als~ all the estate, nght, title, interest and all claims and demands whatsoever, as well in law as in equ~ty, o' .;a~d
€ _ rtgagor m and to tha same. and every part and parcel thereof, and also specificaily but not by way of l~mltaUon aii gas and electnc f~xtures, radlators.
~ _-aters. water pumps. air condit~onfng equipment, machinery, bollers, ranges, efevators and motors, oath tubs, sinks, water closets. water ta~ins. p~pes.
: ~ets. and other plumbing and heating fixtures, man!els. refrigerating plants and ice boxes, window screens. screen doors, venetfan blinds. comices. storm
~ ~ :±tersandawnings,whicharenowormayhereafterpertaintoorbeusedwith,~noronsaidpremises.eventhoughtheybedetachedordetachable.areand
, ~ a! 5e deemed to be fixtures and accessones to the freehold and a part oi the realty.
E 'O HAVE AND TO FlOLD the same, together w~th the tenements, hereditaments and appurtenances thereunto belo~g~ng. and the rents. ~ssues and
r •~~~s thereof. unto the said Mortgagee.
~
` 7he sa~d Mortgagor hereby covenants with the sa~d Mortgagee that the said ivlortgagor is indefeas~biy se+zed with the absofute and fee s~mple t~tle to
i a~; property, and has full power and lawful authority to sell, convey, iransfer and mortgage the same; that it shall be lawful at any t~me hereatter for the
~ ortgagee to peaceabty and Quietly enter upon, have. hold and enjoy said property, and every part thereof; that sald Rroperty is free and d~scharged frem aU
~ ~^.s encumbrances and claims ofi any ki~d. ~ncluding taxes and assessments, ezcept those that may be set out above or here~nafter, that the Mortgagor w~ll I
aKe at Mortgagors expense and at no expense to Mortgagee such other and further assurances to perfect the fee s~mple trtle tosald 1and. fixtures and per- '
~ ~a! proaerty m the Mortgagee as may hereatter be required; and that the Mortgagor hereby fuily warranis ~nto the Mortgagee the tille to safd p~opertyand '
defend the same against the Iawful claims and demands of al1 persons whomsoever. i
~ NOW. THEREFORE, the cond~tions of this mortgage are such that if the Mortgagor shall wsll and truly pay unto the hlort a ee the
a ~:ebtedness ev~denced oy tha! certain prom~ssory note of even date herewith, made by the Mortgagor and payable to the Mortgagee ~n the ~
--,~a~ sum ot NINETY-TWO THOUSAIVD DOLLARS ~ NO/100------------------ ~5 42,000.00 _ t. tne hnai
:;ment of wh~ch ~s due on FEBRUARY 1. I993 , together with any note or notes hereafter executed by the Mortgagor
~~•emby and ~n accordance with paragraph s~xteen ot this mortgage as herelnafter set forth and secured by the hen of this mortgage, together with mterest as
~~r~e~n stated. and shall pertorm, complyw~th and ab~de by each and every the stipulai~ons, agreements, cond~tions and covenantsconta~ned and set forth in
•:~nortgage and in the prom~ssory note secured hereby, then this moRgage and the estate hereby created shall cease and be nutl and vo~d
aND, the Mortgayor does hereby covenant and agree:
1. To perform, comply with and ab~ae by each.and every the st~pulations, agreements, condit~ons and co~enants contained and set forth ~r, sa~d
~ ssory note or notes, this moRgage and, if applicable, the toan agreement between the Mortgagee and Mortgagor.
~ 2 To pay the ~ndebtedness secured by th~s instrument and accord~ng to the true tenor and effect of the prom~ssory no!e here~nabove ment~oned or
~ ~ an,~ renewai thereof, prompUy on the day or days the same severally become due.
~ 3 Te pay. before becom~ng delinGuent. a!I obUgat~ons, encumbrances. taxes, assessments, paving, s~dewalk sanitary and other assessments. lev~es
•~ens, now or h2reafter levied or imposed upon or against the mortgaged property. and to exh~bit to the Mortgagee before such taxes. assessments.
and encumbrances become delinquent the oHicial receipts for payment thereof, and if the s~me or any part thereof be not pa~d before becom~ng
nquent, the Mortgagee may at any t~me pay the same wlth acc~ued inte,est and charges, ~f any, without waiving or aHecting Mortgagee's ophon to
~ eciose th~s mortgage, or any nght her er, and every payment so ma~e sha~l bear mterest (rom the date thereof at the highest rate authonzed by law
; all such payments w+th interest al! be secured by ihe I~e~ hereol.
Riverside National Bank of F1
'.~TG t71Rev t2~851 M060-54- 5 THI~S INSTRUMENT PREPARED BY: 8000 S. U,S. H ~~1 ` 4 ~
- ~t= P ~ < RA ~ ~ 1~~,~.;
~ ~ ort St. I.ucie; F7 ',:}~.4, ~'~f ~ fA_F
- _
-
r~ _ ~~~~'~~`;~~-~_:.~~-`~~~zt~
~~N-~~
~