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HomeMy WebLinkAbout2325 ~ 102276 3 RIVERSIDE NATIONAI BANK OF FLOR1~ Re~ ~ ~ ~U~L.AS ~TXON 2211 Okeechobee Rd ~j~`° i r_ 4t. Lucie C~ r~ P~ei~ Fla{~da 34554 ~ nntY " ; -c~ `~'-`~~-5 Cluk of Irc~„r c'„uR 1~~: j c:--'~ tty (0 7 ~•~++ty Ctu~ EQUITY IfNE MORTGAGE T~ ~ ~.r. rr~is MoRT~AGE, exec~ted in~s _1_$th _ _ _ aay u+ January _ ~9_90 a~ 2213 Okeechobee Road, Fort :'i~rce,_Florida__ ~y MAE BELL FUSSELL, an unmarried adul _ _ _ ~ ~he hrst part, hare~nafter cal!ed the Mor~gagor wh~ch term as used here~n ~n every mstance shali ~nclude the hlortgagor's heirs, executors, administrators. _,.~cPSSOrs.legat representatrvesand assigns, ~nclud~ngau subsequent grantees, eithervoiuntary by aclof fhepa?tiesor involuntarybyoperaUOnof law,and ,nan denote the singular and/or plural and the masculine and/or feminine, and r.atural and/or artd~c~al perso~s, whenever and wherever the context so re- ;...~es or admrts to RIVERSIDE NATIONAL BANK OF FLORIOA. a banking assoc~ation, of the second part, here~nafter called the Mortgaqee, which ~~rm ~s used herein ~n every instance shall include the Mortgagee's successors, legai representat~ves and ass~gns, including all subsequent assignees, elther ,~~.:ntary by act ot the parties or invutuntary by operat~on of law WITNESSETH: ~ r!aT tor d~vers good and valuable cons~derabons, and also to secure the payment of the aggiegate sum of money named in the Fiverside Advantage Account Agree- , of even date herew~th, here~natter ment~aned, together w~th ~nterest thereon, and all other sums of money secured hereby as hereinafter prov~ded, the Mortgagor :--s grant, bargam. sell. ahen, remise. release, corney and conhrm unto the Mortgagee, ~n fee simple, _ ;he following tand: Lot 11, Block 6, REVISED PLAT OF SOUTH 25TH STREET, according to the Plat thereof, as recorded in Plat Book 11, Page 46, of the Public Records of St. Lucie County, Florida. mortgage is subordinate to that certain mortgage in favor of Midwest Mortgage Company, dated ,:_~:uar} 28, 1963, recorded in O.R. Book 55, Page 448; assigned to Florida Home Insurance Company, O.R. Booic 233, Page 655; then to Flagship First National Bank of Coral Gables in O.R. Book 261, ?'_:,se 1938; then [o Florida Home Insurance Company in O.R. Book 262, Page 2124; then to Reliable ::,~urance Company in O.R. Book 280, Page 893; and finally to Southeast Bank,N.A. in O.R. B~ok 535, .:,e 836, all of the Public Records of St. Lucie Count}, Florida. i ~ i E _ Afi bwldmgs, structures. and improvements of every nature whatsoever now or hereatter s~tvated on the sa~d property, and all furn~ture, turnishings, ~ tu~es, machinery. equlpment, inventory and matenals on site. and personal property of every nature whatsoever now or hereafter owned by the Mort- , agor and ~ocated in, on, or used or Intended to tre used ~n connection with or wilh Ihe operation of said property, buildings, structures or other improve- ~-ents. ~nclutli~g all extensions, additions. ~mprovements, betterments. renewals and replacements to any of the forego~ng, and all of the right, title and ; -:erQSt of the Mortgagor in a~y such Rersonal property or fixtures sub?ect to a cond~t~onal sales contract, chatte! mortgage or similar lien or c(aim together ' :..?r, tne beneflt of any deposits or payments now or hereafter made by the Mortgagor or on its behalt. € 7ogetherwith all and smgular the tenements, t~eredrtaments. easements and appurtenances thereunta belongmg, or m any w~se appertaining, and the ~~s. issues, and profits thereof, and also all the estate, ngh1, title, interest and aU claims and demands whatsoever, as well in law as in equity, of said ~ ~.'o~?gagor in and to the same. and every part and parcel thereot, and also spec~tlcally but not by way ot I~m~taUOn all gas and electric fiztures, radiators, i ~~-~aters, water pumps, air conditiomng equipment. mach~nery, boders, ranges, elevators anC motors, bath tubs, sinks, water cfosets, water Dasins, pipes. ' ._~cets. and other plumbing and hea;ing fixtures, mantels, ref rigerating plants and ice boxes, window screens, screen doors, venetian blinds, comices, storm ~ ~t ters and awnfngs, which are now or may hereafter pertain to or be used with, ~n or on said premises, even though they be detached ordetachable, are and _~aii be deemed to be fixtures and accessories to the freehotd and a part ot the realty. € ~ TO HAVE AND TO HOLD the same, together with the tenements, hered~taments and appurtenances thereunto belonging, and the rents, issues and ~ ,~~';ts thereof, unto the said Mortgagee. R . ~ The sa~d Mortgagor hereby covenants w~th the sa~d Mortgagee that the sa~d Mortgagor is ~~deteas~bly seized w~th the absolute and fee simple title to ; property, and has full power and lawfu~ authonty to sell, convey, transfer and mortgage the same; that it shall be lawtul at any time hereafter for the r,bagee to peaceably and quietly enter upon, have, hold and en~oy said property, and every part thereof; that said property is free and d,scharged f rom all ~ ~~s. encumbrances and claims of any kind, including taxes and assessments, ezcept those that may be set out above or hereinafter, that the Mortgagor will ~ ake at Mortgagors expense and at no expense to Mortgagee such other and further assurances to peAect the fee simple title to sa~d land, fixtures and per• s a+ prope~ty in the Mortgagee as may hereafter be required: and that ihe Mortgagor hereby (uliy warrants unto the Mortgagee the title to sa~d property and ~ ~ defend the same against the lawful claims and demands of a11 persons whorresoever. ~ ~ ^dOW. THEREFORE. the cond~hon of th~s Mortgage are such that d the Mortgagor shall well and truly pay unto the Mortgagee the,ndebetedness e•r~de~ced by that , f a n R~vers~de Advantage Accoum Agreement of even date herew~th, made by the Mortgagor and payable to the Mortgagee !n tha principa~ sum of :i'rTEEN THOUSAND ONE HL'NDRED AND NO/100************************** 15,100.00 (5 the f~nal ot wh~ch ~s due on January 15 ~ ZOOO , together w~th any note or notes hereaRer executed by the Mortgagor ^ and ~n accordancewlt~ paragraph sixteen of this Mortgaqeas here~rafte~ set foRn and secured by the 6en otthis Mortgage. togetherwith ~nterestas there~n stated. .>~ail per!orm. comply with and ab+de by each and every the stipulat~ons, agreements. condit+ons and covenaMs conta~ned and set forih in thls Mortgage and in the • em?nt secured hereby, then this Mortgage and the estate hereby created shali cease and be null an~ vo~d AND. the Mortgagor does hereby covenant and agree: To periorm, comply wlth and ab~de by each and every the st~pulat~ons, ag~eements. cond~t~ons and covenants contamed and set forth m sa~d Agreement, ih~s ` ~.;age and, rf appl~cable. the loan agreement between ~he Mortgagee and Mortgagor. ; 2 To pay the ~ndebted~ess secured by this instrument and accordir.g to the true tenor and etfect of the promissory note heremabove mentionad or - ` any renewal thereof, arompty on the day or days the same severaily become due. ~ 3 To pay, before becoming delinquent, all obligations, encumbrances, taxes, assessments, paving, sidewall~ sanitary and other assessmenis.l8vies ~ ens, now or hereafter levied or imposed upon or against the mortgaged property, a~d to exhlbit to the Mo~tgagee before such taxes, assessments, - ~:s and encumbrances become delinquent the oHicial receipts for payment thereof, and i( the same or any part thereof be not paid before beCOming nquent, the Mortgagee may at any t~me pay the same wlth accrued interest and charges, ii any, without weiving or atiecting Mort~agee's option to ~-e~iose th~s Mortgage, or any r~ght hereunder, and every payment so made shalt bear ~nterest from the date thereof at the h~ghest rate author~zed by 1aw and all such ,--~ents with ~nterest shall be secured by the lien hereof. THIS INSTRUMENT PREPAFiEO 9Y Riverside vational Bank Of Florida, 2211 , ~ p 675 Okeechobee Road, Fort Pierce, Florida = BOG!( f~ACE ~ . ~,..?.'F'~»-. ~r~.~a^~ Y .,n.~ : i°' cts?`„e~