HomeMy WebLinkAbout1250~. ~. 50 f~~~E 5~G
.~ _
te~ent~ ~ ~~ t. ~ ~. ti
~~ttotu ~it~ ~''~'te-r; ~;~ ~~je~e ~ .
L~bat, ARTHUR LESSARD and riADELEtb'E LESSARD, his wife,
r, which terns and all pronouns
of St. Lucie County, State ut Florida, hereinafter cshcd rho mortgago
used in connection therewith, shall be cor~bn~ed to include the aiuyular and the plural, the masculine and the feminine
or rho neuter, and aL~o the heirs, executors, aclminiatrators, succeFaors and asaitns of the mortresp:or, as rho ooatext
may require, do hereby grant, bargain. bell and convey unto , ATICO FINANCIAL :.ORpORATION; a L'el-
avare corporation+authorized to transact._businese_ i~n-1~'ltoerrada id bl~ priornwi ~t~ erne
~,Office_in Miami Flortdat+ ,'hereinafter called the mortgagee, ~ ~ the context may
connection therewith, R~all be censtnted to include the bucce:.sors raid aPei ne of tae mortgagee,
require, the following described real estate, with all buildings and improvemen~a $twate of Floriida, fro W d: thereon,
situated in Fort Pierce , in rho County of St. Lucie
Lots 38 an~i 39, FAIRVIE~J PARK, according to a plat thereof
recor3ed in Plat Book 4,_paae 29, of the publi., records of
St. Lucie County, Florida.
O
in payment of takes due
Received 5----Z ~- ? t ursuant to
on Class 'C' Intari;ible Pelo~ijal, Pct ofy~ 1
Chapter 207 4, 1,..~ -~~.
~~ 3,~• lorida
Tax Collector, St. Lucie Cou y, -_
The mortgagor agrees to pay to the mortgagee on each date upon which
interest is petiyable, if required b;~ the mortgagee, such amounts as the mort-
gages may estimate from time to time as necessary to create and maintain a
reserve fund from which to pay taxes and special assessments before any pen-
alty attaches for nonpayment and premiums for such insurance us required
herein when due; that payments from said reserve fund for said purposes may
be made by the mortgagee rat its discretion; and that in the refunding of
money from said reserve fund at any time, the mortgagee may deal with the
party or parties at that time representec'. to the mortgagee as the o•,vner or
owners of said property.
together with all and singular the easements, tenements, hereditaments, eppurtenerioea and other rights and privi-
leges thereunto belonging or in any wins now or '~ereaf ter appertaining, and the rents, issues and profits thereof ;
and also ell apparatus and fixtures now or hereafter erected or placed in or upon said real estate or now or Leo~said
'attached to or used in connection with said real estate, whether or not the same have or would become part
~! estate by attachment thereto, including without ir, any wise limiting the generalityf gerhating apparatosbven-e-
furnacee, hFSaters, stoves, ranges, oil burners, mnatels, gas end electric light fixtur.a,
lacing or air ronditioning system, elevators, screens, screen iioorB, awnless, b'~ ~~ pd~bi~~l of which shall be
Boor coverings, lobby furnishings, gas and oil tanks and equipment, p pes,
considered es annexed to and forming a part of the freehold hereby mortgaged.
~0 ~f}f[bc An'D to ~fjOlD the above-granted premsea with ell said easements, tenements, hereditamenta,
appurtenances and other rights and privileges thereunto belonging or in any wise now er he_rea[ier appertaining unto
and to tho use of the mortgagee, its eucceseore and assigns, forever.
ffi>ye ~o~tgAgtn ~ere6p ~obznAnt>f with the mortgagee that the ,mortgagor ie indefeasibly se;:ed of rho
mortgaged premises in tee simple and has full powor and lawful right to sell and convey the same as aforesz;id; that
the mortgaged premises are tree end clear of nil liens and encumbrances except as herein otherwise recited; that the
mortgagor will malts and execute such further assurance to perfect the fee simple tatl$ to the mortgaged premises
in said mortgagee as may reaso ~lY ~ required; and the mortgagor does not theflawful claims andtdemaudeof
mortgaged premises end ever rt ahere~t and will defend the same rgai
all persons.
S~nb tqc ~1actQagor ~jcrcbp ~obcnantt: anD S~Qrccfi: .
1. That this mortgage is given to secure the pertormnnco and observance of the covenants and agreements
herein contained and the payment of the Principal sum of ~ - ~ - - - - Dollars
Si:.teen Thousand Three Hundred and Ho/100 - - - - - -
(= 1(r3pQ•C~p ) wiih interest thereon according to the terms of a certain pra'n-~°ry n°te et even date h~re-
with; executed and delivered by said ARTHi1R LESSARL and MADELEINE ~~SSARD, ms's wife
'and made payable to the onler of said , ATICO FINANCIAL CORPORATION at Miamj.s Flozidai
or at such other place or plncce as the mortgagee may from time to time deaignara; principal
and intersBL to I,e paid in instnllmenis ns specified in said note, finol payment cf said pr}rivipal and
interrst, ii not sooner male, to tie due grid payable on rho first day of D'3CeBlb9r , 19 $? ,with interest
at ten ~ per ec~utun~ ix•r annum t~•hilc any default exists in the :making of any o[ said payments or in the