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HomeMy WebLinkAbout1577 ~ ~~~iii; ~ 1~~~t~~~ ~~i Southeast Bank MORTGAGE ; ; ~ THIS lNORTGAGE, eYecuted th~~__2~I'd day oi January ~9 90 a~ _Fc?rt Pierce Florida _ by C. Robert Knowles and Shirle~ R. Knowles, His Yife. ct tr,e first part. he~e~nafter called the Mortgagor. wh~ch term as used here~n ~n every ~nstance shalt mctuae the Mortgagor~s he~rs executors. adm~n~strators. s.:ccessors. legal representaUves and ass~gns. i~cluding all subsequent grantees. either votuntary by act of the part~es or ~nvoluntary by operat~on of law, end shaii denote ihe sinaula~ nnd%or olural. and the mascul~ne and~or (emm~ne. and natural and%or anfic~al persons. whenever and wherever the context so re- a:;~~9s or admits to Southeast Bank, N.A. a oank~ng assoc~anon, of the second part here~nafter called ihe Mortgagee, wh~ch 1 'c~•T as used herein in every instance shal! intlude t~e Mortgagee~s succa5sors legal representatwes and ass~gns. including all subsequent assignees. e~ther ~ ,;rcary by act of the part~es or ~nvoluntary by ope~aUan of law. W I T N E S S E T N: ~ TNAT Ior d~vers good and valuabie cons~derat~ons. and also to secure the payment of the aggregate sum ef money named ~n the prom~ssory note ot ~~.en date herewith, hereinafter me~t~oned. together w~th ~nterest thereon, a~d all other sums of money secured hereby as heremaher prov~ded. the ~ hSortyagor does grant. barc~am. seii. al~en. remise. retease. convey and confirm unto the Mortgagee. ~r fee s~mpie. i ~~A; the foliowing ~and ~ t This is a Second Mortgage: Port St. Lucie, Lot 21 Block 1525 Port St. Lucie Section 30 as recorded in Plat Book 14, Page/l0A thru l0I as recorded public records of St. Lucie County, Florida. 10, r i r~-~~~ -.r- f~`, Rec F~~e• f'~:i~'r;1..~~ r,IXON ; D~"?:~U~FtJ'l1RY.- ~T4M~ . : Add FeE 3 St. Co~~nty ; ;~cy- _ :~~~c~~ ~j - - , . Doc Taz 3_~..~Clerlc of Circuit Cuurt _ ~ ' ~ _ : - . • • ' _ - int Tax ~'r-' ~ 8 /'~1 , , S .~ar ~ ~ - ~11~jl~il~ Ztital i ~ ~ n Ail build~ngs. structures. and improvements o( every ~ature whatsoever now or hereaher srtuated on the said property, and all furniture. furn~shmps •,~es mach~nery equ~pment ~nventory and matenals on srte. and personal property of every nature whatsoever now or hereaher owned by the Mort- f _o~ and located ~n. on. or used or mtended to be used m connect~on wrth or wrth the operaUOn oi sa~d property. bu~ld~ngs. structures or other ~mprove- ~ ~~~'s mcluding all extens~ons, additions. ~mprovements, betterments. renewals and replacements to any of the forego~ng, and all of the nght. Utle and ~~=~es~ of the Mortgagor in any such personal property or fixtures sub~ect to a condiUOnal 5ales contract chattel mortgage or s~m~lar I~en or cla~m together ~ ~ne benef~t of any depos~ts or payments now or hereafter made by the mortgagor or o~ ~ts behalf ~ ~ Together with all and singular the tenemertts. hered~taments. easements and appurtenances thereunto belonging. or ~n any wise appertaimng, and the --~~cs ~ssues, and profits thereot. and a~so all the estate. nght. t~tle, mterest and a1l cia~ms and demands whatsoever, as well ~n faw as in equiry. of said ' `,"artgagor m and to the same. and every part and parcel thereof, and also speaf~cally but not by way of hm~tat~on all gas and electric f~xtures. rad~ators. E ^eaters. water pumps. a~r condrtionmg eqwpment, machinery. boilers, ranges, elevators and motors. bath tubs. s~nks. water closets. water besins, pipes. ~ taucets, and other plumbing and heaUng fiztures. ma~tels. refngeratmg plants and ice bozes. wmdow screens. screen doors. veneUan b6nds. comices, storm u!ters and aw~~ngs. wh~ch are now or may he~eaher pertam to or be used wrth. ~n or on sa~d prem~ses. even though they be detached or detachable. are and , s~~alt be deemed to be f~xtures and accessones to the freehold and a part of the realty i k TO HAVE AND TO HOLD the same. together w~th the tenements. hered~taments and appurtenances thereunto belong~ng. and the rents. issues and ~ ' cs thereof, unto the sa~d Mortgagee ~ ` The sa~d Mortgagor hereby covenants with the sa~d Mortgagee that the sa~d Mortgagor ~s ~nde(easibly se~zed witn the absolute and fee simpie t~tle to =:;i property. and has full power and lawful authonty to sell. convey. transfer and mortgage the same. that ~t shall be lawful at any time hereaher for the ~ `.'._~rcgagee to peaceably and qu~etly enter upon. have. hold and enjoy sa~d property. and every part thereof: ihat sa~d property is /ree and discharged from all ~ ens encumbrances and cla~ms of any k~nd. mcludmg taxes and assessments. except those that may be set out above or hereinafter, that the Mortgagor wiM ~ -ake at Mortgagor's expense and at no exoense to Mortgagee such other and further assurances to perfect the fee s~mple utte to sa~d land. fixtures and per- ~ ~c ~a1 property m the Mortgagee as may hereaher be requued. and that the Mortgagor here~y fully warrants unto the Mortgagee the trtl~ to said property and ! defend the same aga~nst the lawful cla~ms and demands of all persons whomsoever t ~ NOW TNEREFORE the condrt~ons of this mortgage are such that ~i the M~rtgago~ shall well and truly pay unto the Mortgagee the ~ :ebcedness ev~denced by that certa~n prom~ssory note of even date herew~th. made by the Mongagor and payable to the Mortgagee in the ~ .-~_,pai s~n, ot Twenty-five Thousand and 10/100 ~g~f25,000.00~~ tne f~na~ a ` : z,; ment of wh~ch ~s due on January 22 ~ ZQ~~ together wrth any note o? ro?es hereafter executed by the Mortgegor re~nby and ~n accordance wrth paragraph sixteen of this mortgage as here~nafter set forth and secured by the hen oi thrs mortgage, together wrth interest as ~.~~~e n stated. and shall ue'form, comply with and abide by each and every the stipulaUOns. agseements, condmons and cover.ants contained and set torth in s mortgage and +n the prom~ssory note secured hereby. then th~s mortgage and the estate hereby created shall cease and be nuli and void. AND the Mortgagor does hereby covenant and agree 1 To perform. comply w~th and ab~de t•q each and every the stipulat~ons. agreements. conditions and covenants containetf and set forth in said •~~csory note or notes. th~s mortgage and. ~t appl~cable. the loan agreement between the Mortgagee and Mcrtgagor ~ 2 To pay the ~ndebtedness secured by th~s ~nstrument and accord~ng to the true tenor and effect ot the prom~ssory note here~nabove mentioned ot '_-~y renewal thereot. promptly on the day or days the same severally become due ~ 3 To pay. betore becom~ng delmquent. all obhgat+ons. encumbrances. taxes, assessments. pawng, s~dewalk, sanrtary and otner assessments. Isvies ~ ~!~ens, now or hereaher lev~ed or ~mposed upon or aga~nst the mortgaged property. and to exh~brt to the Mortgagee be(ore such taxes. assessments. ~ e^~s and encumbrances beCOme delinquent the off~cie! receipts tor payment thereoi. and ~t the same or any pan thereof be not pa~d be(ore becominy ` :e:~nquent the Mortgagee may at any time pay the same w~th accrued ~nterest and charges. ~t any. wrthout waivmg or aHect~ng Mortgagee's option to t 'o•eclose this mortgage. or any nght hereunder. and every payment so made shall bear ~~terest from the date thereof at Ihe highest rst0 euthoriled by Isw ~-d ail such payments wrth mterest shail be secured by the lien hereof noRK6 15 PAGE1577 F 06Q IL 804 ~6/88) s " L s ,c r^r`.,~ ~s.~,~`::~ r~~~~,~ ~x ~.s-~y:;~„,~,~~'~"-.-,.~r.' _ ~