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Home My WebLink About2320 ~022760 fiIVERSIDE NATIOkAL BANK OF FLORIDA 2211 Okeechobee Rd ~ R~ 1~ !t . t•n r?t! t. ~!4 r1~~ f t P~e,~ ~a. Ftonda 3495a A~ F~r ! ~j,c y ~ ~5' H~~6~i . t~~ ~ _ ~ - EOUITY LINE MORTGAGE ~ ~ ~ / ' ~ ` ~ ~ Tr11S MORTGAGE eKecuted th~s _.1Hth _ day or _ _January ~g90___ a~2211_Okeechobee _Road, Fort ~ !~ierce, Florida DELPHIN F. PARKER and ANNA M. PARKER, his wife - _ - - _ - Gy - ~ ~ c^e tust part, here~nafte~ ca~~ed the Mortyayo~ wh~ch term as used here~n ~n every ~nstance shaU ~nclude the Mortgagor's heirs, execulors, adm~nistrators, _ .,ecessors, legal representaUves and ass~gns, ~ndud~ny au subsequent grantees, e~ther voluntary by act of the parties or involuntary byoperalionof law, and ~na;i denote the s~ngular andior plural and the masculine andfor feminine, and natural andlor artHlual persons, whenever and wherever the context so re- ~ .::res or aQmrts to RIVEFiSIDE NATIONAL BANK OF FLORIDA, a banking association, of the second part, here~nalter called the Mortgagee, which ~ ~~~r m as used herein in every instance shall mc~ude the Mortgagee's successors, lega~ representatives a~d assigns, including a!1 subsequent assignees, either ; u-~tary by act ol the part~es or involuntary by ope~ahon of law ' WITNESSETH: ~ ' F! aT for drver; yeoa and valuabte cons~derat~ons, and aiso to secure the payment ot the aggregate sum of money named m the A~verside Advantage Account Agree- j • ~.-!evendateherewdh,here~nafterment~oned,togetRerw~thmteresrthereon,a~da~~othersumsofmoneysecuredharebyashere~nafterprov~ded.theMortgagor ~ ~•s ~;rant barga~n. se11. a~~en, rem~se release. ccnvey and conhrm unto ihe Mortgagee. i~ tee 5~mpie. j 7 the following land ` Lot 9, Block 44, LAKEWOOD PARK UIvIT FIVE, according to the Plat thereof, as recorded in Plat Book 11, Page 5, of the Puhlic Recards of St. Lucie County, Florida . - . - - - , . . . _ . :i-~ ;v':tti?A?~T i M~ . ' . , - - , . - _ ' . :r~~f' _ _ - - -his rnortgage is subordinate to that certain mortgage in favor of First Federal Savings & Loan ;.-~~or_iation n/k/a Harbor Federal Savings & Loan, dated February 24, ~976, recorded in O.R. Book page 419, Public Records of St. Lucie County, Florida. !,d ~ i ~ ~ All bwldings, structures, and ~mp:ovemenis of every nature whatsoever now or hereafter srtuated on the said property, and all fumiture, furrishings, f `'.tures, machmery, eQuipment. ~nventory and materials on srte, and personat praperty of every nature whatsoever now or hereafter owned by the Mo~t- ~ ,agor a~d located in, on, or used or intended to be used ~n connection with or wrth the operation of said property, buildings, siructu?es or other improve- ~ ^~en!s, inc~udi~g all eztensions, additiCns, Improvements. betterments, renewals and replacements to any ot the toregoing, and all of the right, title and j ~;erest of the Mortgagor in any such personal property or hxtures subject to a cond~tional sales contract, chattel mortgage or similar lien or claim together ~ ,.:?h the benefit of any deposits or payments now or hereafter made by the Mortga9or or on its behaif. Together with all and singular thQ tenements, hered~taments, easements and appurtenances thereunto t~elong~ng, or in any wise appertaining, and the f -ents, issues, and profits thereoi, and also all the estate, rlght, tille, Interest and all claims and demands whatsoever, as welt in law as in equity, of said '.'ortgagor in and to the same, and every part and parcel thereof, and also specitically but not by way of I~mitat~on all gas and electric fixtures, radiators, ~ eaters, water pumps. air conditiGning equipment. mach~nery, boilers, ranges, elevators and motors, bath tubs, sinks, water ctosets, water basins, pipes, ~ 'a,.cets. and oiher plumbing and heating hxtures, mantels, refngerating plants and ~ce boxes, window screens, screen doors, venetian blinds, cornices, storm utters and awnings, which are now or may hereafler pertain to or be used w~th, ~n or on said premises, e~en tho~gh they be detached or detachable, areand ~ be deemed to be fixtures and accessones to the freehold and a part of !he realty. ~ TO HAVE ANO TO HOLD the same, together with the te~ements. hered~taments and appurtenances thereunto belong~ng, and the rents, issues and ~ ,'~!s there~f, unto the said Mortgagee E Tr,e sa~d Mortgagor hereby covenants with the sa~d Mortgagee that the sa~d Mortgagor Is ~ndefeas~bty seized w~th the absolute and fee simple title to x d property, and has full powar and lawful author~ty to sell, convey, transfer and mortgage the same; that it shall be lawful at any time hereafter !or the , rtgagee to peaceably and quietly enter upon, have. hold and en~oy sa~d ~ropErty, and every part thereof; ihat sa~d property is free and discharged from all ~ ns. encumbrances and clalms of any kind, includ~ng taxes and assessmenis, except those that may be set out above or hereinafte~ that the Mortgagor wi!I ~ a.>.e at Mortga9ors expense and at rto expense to Mortgagee such other and further assurances to perfect the fee simple tiUe to said land, fiztures and per- ~-~,a, property ~n the Mortgagee as may hereafter be required: and that the Mortgagor hereby fully warraMS unto the Mongagee the title to said property and ~ ~~efend the same against the lawtul claims and demands of all persons whomsoever. ~ "vY~. THERr.FOAE. the cond~t~on of this Mortgage are such that if the Mortgagor shall well and truly pay untothe Mortgagee the ~ndebetedness evidenced bythat ~ -••a n Rrverside Advantage Account Agreement of even date herewith. made by the Mortgagor and payable to the Mortgagee in the pnnc+pal sum ot THOUSAND FiVE HUNDRED AND NO/100*******************************~g 10,500.00 ~.thefinal Februar 1~ 1996 , togettier witn an note or notes hereafter executed by the Mortgagor .^~.ent of whiCh is due on ~ y •e.e and inaccordancew~th paragraph s~xteenoflh~s Mortgageas herei~a(tersetforthandsecured bythel~enof this Mortgage. togetherwith interest astneremstated, : s~~au perform, comply with and ab~de by each and every the stipulaticns, agreements. conditions and covenants contamed ar,d set forth in this Mortgage and ~n the : eement sewred hereby. then this Mortgage and the estate hereby created sha11 cease ar,d be null and void AND. ;he Mortgagor does he~eby covenant and agree: To perform, compty w~th anu ab~de ~y eac~ and every the stipulahons. agreements. cond~tions and covenants contaired and set forth m sa~d Agreement, this •~~age and. rf apG~~~able. the Ioan agreement between the Mortgagee and Mortgagor. - 2 To pay the ~ndebleclness secured by this ~nstrume~t and according to the true tenor and etfect of the promissory rtote here~nabove mentioned or ~ ' any renewat thereoi, promptly on ihe day or days the same severauy become due. ~ 3 To pay. before becoming delinquent, atl obligations, encumbrances, taxes, assessments, paving, sidewalk sanitary and other assessments, levies ~ ~~:ens, now or hereafter levied or imposed upon or against the mortgaged property, and to exhiuit to the Mortgagee betore such taxes, assessments. =;ns and encumbiances berome de6nquent the oNicial receipts tor payment thereof, and if the same or any part ihereot be not paid before becoming nquent, the Mortgagee rray at any t~me pay the same with accrued ir,terest and charges, +f any, without waiving or affecting Mortgagee's option to ~ ~~ose ih~s Mortgage. or any ngM hereunder, and evEry payment so made shalt bear interzst from the date thereof at the highest rate authorized by law and alt such ,,,ents w~ih ~nterest shau ba secured by the ~ien hereof. THIS INSTRUMEN ~ PREPARED BY Riverside National Bank of Florida, 2211 ' p~~G C C 675 ~`2320 Okeechohe2 Road, Fort Pierce, Fl~rida gCuK rAG~ ; ~ 3 ~ -