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Home My WebLink About2224 (.'t. .... .4no Jft'Q.. . ..... ~b~i 20 PG117' MORlG~GE . THli M~TOAO.I DUD. cIatcd the 9th day of 00 tober t 19 61. by Md Iaetwa.1 JA.CK JtOHUf and MllUAIf G. tOHlN, his wife Iwmnafter alH:d the Uortp&Or, and .lMIIlCA.H 'l'ITm INSURAD CCMPI.HI a corporation orpni&cd and rxiatin, under the laws of the State of Florida, hereimfter calJed the MOf1JaIa!. WITNESS.BTH: That for dinn KOCd and valuable aniderations, and aI.o in mnsidmttien of the aanpte sum awned in the promi.ory note hrreinaftcr dacribed, the laid Mortcacor does henby I"ant. barpin, lell, alien, mnile. rekue, convey and confirm \U1to the said Mortp&ee tall that ~rtain land of which the Aid Mortp&Or is POW .i&ed and polllIK-4 and in lICtUal poIIC'55ion. situate in the County of St. Lucie and State of Florida, dncribcd u follows: . The South 100 feet of the North 340 f..t of the East one-h&l1' of the Northeast one-que.rter, of Section 35, T~h1p 35 South, RallgfJ 40 kat, i~luding all riparian rights thereunto belonging or in &l'\YWAY appertaining thereto; laCKPl'ING TIImIFRCJ.f. HGiEVER, the right-of""'W'lly of the Florida East Coast RP.ilwrq arxl the right-of-way ot South Imian River Drive. This is a corrective mortgage to cOITect that certain mortgage deed dated Septembc 25, 1961, recorded in Official Records ~ Book 19, Page 209,un:ier Clerk's File No. 98S73 QVt. lr~. .....ct. d-:, f. d Count . Florida. ff~celVe<J ,." In pa c ..XIS U. :y, on CI, s:; "C" hta~i:ble Personal Property pursuant to .Chap;er 2072-1, la,'/s of Florida. Acts of 1941. ~~..: ~-- ~ Tax Collector, St. cie County, ~ (STAT.B Docl::'.EXTAIl\' ST.U.PS AFFIXIiU To OI..G.XAL ~OTB AND' CANCELLED) Together with all structures and imprO\'mlents now and hereafter on said lAnd and fixtures attached thereto, and all rents, issues, protteds and profits accruing and to attfUe from iaid prcmilCS, all of which are included within the foregoing description and the habendum thereof; also all awninp, shades, venetian blind. and (as, .team, electric, water and other heating, cooking, refri~rating, lighting, plumbing, ventilating, irrigating and power systml., machines, appliances, fixtures and appurtenances, which now are or may hereafter ptrtain to, or be used with, in or on said pr('miscs, even though they be detached or detachable. To HAVE AND TO HOLD the same, toccther with all and singular Ihe tenements, hereditaments and appur- tenances thereunto belonging or in an)wise appertaining, and the reversion and reversions, renlainder or fCmainders, J"mts, issues and profits thereof, and also all the estate, right, title, interest, property, possession, claim and demand what5Oe\'er, as well in law as in equity, of the said ~Iortgagor in and to the same, and every part thereof, unto the said :\lortKagcc in fee simple. And the Mortgagor hereby covenants with the ~lortgagee that he i, indefeasibly ~izcd of said land in fee sinlple; that he has full power and lawful right to convey the same in fee simple as aforeyid; that it shall be lawful for the ~:lortgagcc at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land, and c\'ef)' part thereof; that the land is and will remain free from all encumbrances; that said Mortgagor will make such furth('r assurances to perfect the fee simple title to said land in said Mortgagee ilS may be reasonably required, and that Mortgagor docs hereby fully warrant the title to Jaid land, and every part thereof, and will defend the same against the lawful claims .of all persont whomsoe\'er. PIlOVIDED ALWAYS that if the l\Iort,gagor shall pay Ullto the ~:lortgagee that certain promissory note, of which the following is a substantial copy, to wit: $ 19,)00.00 Fort Pierce October 9th , Florida. 19 61. FOIl. VALL" E RECBIVED, the und('rsi~ed promise(,) to pay to M.1ERICAU TITlE INSURA~ COl-IPANY ..,u,~~ij)o~~~oQ.Qr~ized and existinc under . ;~'4o I . ~ , "I. th(' laws of th~ State of Florida, or ordl'r, the principal SWll of - - ~ Nineteen Thousarrl Three Hurdred and No/lOO-- - - - - - - - - - - - - - - - - - - - - - - Dollars ($ 19,300,00 ) with intl'rat from datl' at the rate of - - - Six - - - - per ccntWll (- - 6 - ~) per annum 00 the unpaid balancl' until paid. Said principal and interest shall be payable. with l'xchange on New York, at the office of the payee in Hiami , Florida, or at slIch other plan' as the holder may designate in writing, in monthly installments of - -One Hun:lred Twenty Four am 49/lro- - - - - - - - - - - Dollan ($ 124.49 ) each cOffiml'ncing on lht' fint day of November 1961 , and on the first day of each am friary month thereafter until the principal and interest are fullr paid, except that the final pa}'ment of the entire indebtedn\."SS evidenced hereby shall bcdue anti payable on the first day of 0:: tober , 19 86. If default be made in the pa)ment of an)' installment, and if such default is not made good prior to the due date of the nextNinstallllll'nt, the ('ntire principal sum and accrued interest shall at once become due and payable without notice at t~ option of the holdt'r of this 1!Ott', Failure to cxerciiC this option shall not constitute a waiver of the right to exercise the ~.Ill(, at any other timt'. The principal of this note and any part th('reof, and accrued interest, if any, shall be.ar interat at the rate of eight p{'f cl'ntum pt'r anmilll after d('fault until paid. In the e\'ent of default in the payment of this note, '" and if thr samt' i" collected 11)' an attome)'-at.la\\'. thr undersigned agree(s} to pay the cost of collection, including a r('a~nable attomeY'1l fcc, whct~r collC('tion is made by lluit or othern'i~. This note i. ICC\lrtd 11)' a mortpge of even .latC' h('rl."with and the tt'rms of sai\t mortgagr art' made a part h~reof.