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HomeMy WebLinkAbout2536 'ri~:' 1t) rAGE ~8D !'"ny. "Oral ATIC lITG.' R....ed .-t CLNH, ~lA. MORTGAGE Tills ~lOaTGACI! DEBD, dated the 18th Jay of AUGU6 t mar G. L!Z and MARY AUCB ID, his wife htreinaiter called the ~lortgagor, and AMlRICAH TI~ ~URA~'E Ca-tPANI , 1961, by and Mtw<<n ;1 ,'orporatlon or~aniZtd and rxisting under- the laws of the State' of 1<10rida, hereinafter called the ~lortgagee. \VIT:-':ESSETtI: That illr .Ii,trs good and \'alu3ble cOIbiderations, and also in consideration of the aggregate sum named in the promis..o;ory nllte hereinafter .lescriMd, thr saitl :\Iortgagor dotS hireby grant, bargain, sell, alien, remise, rrlease, conve)' 31111 wniirlll unto the said ~10rtgag<< all that .'rrtain lalHI of which the said ~lortgagor is now sti7:ed anti possessed an,1 in actual po5Sl'~ion, situate in the CO!lIIty ot st. Luoie a 11I1 State of F1ori.la, dr~riMd as follows: ~. lDt 5, Block 4, of SURFSlDE, unit One, according to a plat thereof recorded in Plat Book 10, at page 17. or the Public Records or St. Lucie County, Florida. "'-- (STATE DOCl':'IE:-':TAIlY ST,':'IPS AFFIXE!I To ORIGl:-;.'I, :'I:OTE AND C":-':CEI.I.W) Together with all structures and impro\'Cments now and hereafter on said land and fixtures attached thereto, ami all rents, issues, proceeds and profits accruing and to accrue from said premi~, all of which are included within the foregoing description and the habendum thereof; also all awnings, shadr'S, venetian blinds an.1 gas, steam, electric, water and other heating, \'OOking, rdrigerating, lighting, plumbing, ventilating, irrigating and power systems, machines, appliances, fi~tures and appurtenancr'S, which now are or may hert'after pertain to, or M used with, in or on said pH'mists, e\'en though they be detached 01 Jetachable, To HAVE .\NU TO HOLu the same, together with all and singular the tenements, hereditaments and appur- IrnanCl"S thereunto belonging or in anywise appertaining, and the reversi0l1 and reversions, remainder or rrlllainders, rents, issues and profits' thereof, and also all the estate, right, title, inttrl"St, property, possession, claim and demand whatsoever, as well in law as in equity, of the said ~Iortgagor in and to the same, and enry part thereof, unto the ,aid :\Jortgagee in fee simple. And the ~Iortg:tgor hrreb)' covrnants with the ~lortgagce that he is IIIdefeasibly seizr.1 of said land in fce simpl~; that h~ has full power :Ind lawful right to (Onve)' the sam~ in fee simple as aforesaid; that it shall M lawful for the ~lortgagee at all times peaceably and quietly to ~nter upon, hold, occupy and enjoy s:.id land, and e\'tr)' part thereof; that th~ land is an,l will remain free from all encumbrances; that said ~brtgagor will Illak~ such further assurances to perfect the fee simplr title to said land in said Mortgagee as Illay be reasonably required, and that Mortgagor dotS hereby fully warrant the title to said land, and e\'ery part thereof, and will def~nd the same against thr lawful claims -of all persons whomsoenr. Pao\'IDEO ALWAYS t"'at if the l-Iortgagor shall pay U;lto the ~10rtgagee that certain promissory notr, of which the tollowing is a su~tantial cOP)', to wit: $15,300.00 Fort P1e:oce Aut;ust 18th Florida, tq 61. FOIl V AU' E RECEI\'EU, the undersigned promise(s) to pay to AMIIRICAN TITLE astIlA~'B I.i~JlIf , a corporation organiud and existing under thr laws of the State of Florida; or brder, lhe principal sum of _ FifteeA Thousand Three Hundred and Ho/1C!J- - - - - - Dollars ($ 15,300.00 ) with interest f rOlll' date at the rate of -Six &: oDe-tourth per centum ( -' l> i -,,) per annum on the unpaid balance until paid, Said principal and interest shall be pa)'able, with C!Xchap~ on N~w York, at the office of thr payee III Miami , Florida, ot at such other plarc as the holder may designate in writing, in month1.1' · installment!! of - - -()le Hundred and 98100 - - - - - - - - - - - - - Dollars ($ 100.98 ) each commencing on the first day of OOtober 1961 , and on the first. dOl}' of each and everr month therea!ter until the principal anJ interest are full)' paid, except that the final payment of the entire indebtedness evi.lenctd hereby shall be due and payable on the first day of September , 19 86, If default be made in thr pa)ment of any installment, and if such default is not madr good prior to the due date of the next installment, the entire principal sum and accmed interest shall at once become dur and payaMe without notice at the option of the hoMer of this note. Failure to exerci5e this option shall not constitute a waiver of thr right to ex~rc~ the ~\I11e at an}' other tilt~. The principal of this not~ and any part thereof, and accmed interest, if any, shall bur interest at the ratr vf ei~ht per centum per annum aftrr default until paid. In thr event of default in the payrMnt of this note, . alld if thr same is collected by an attorn~-at.law, the undersigned agree(s) to pay the cost of collection, including a reasonable attorney's fee, whtthrr collection is'lllade by suit or otherwise. This nott is secured by a mortp~ of r\'tn .latr herewith and thr trrms of sai,1 mortll:aJtr are made a part hereof. -"