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HomeMy WebLinkAbout2051~~i~`K 51 ~,,~~G~~7 bat, gpg>~T L. HARifISS and VIR(3I1~IIA T. HAR.RISS, )'.ia wife, of$t, LUCie County, State of Florida, hereinafter tailed the mortgagor, :which term a^.d stl pm^-nurr9 used in connection t-lerewith, shall bo construed to include the aiugillar and the plural, the masculine and the teminino or tllo neuter, and also the heirs, executory, administrators, successors and assi¢ns of the mortgagor, as tllo context may require, do hereby Brant, bargain, sell and convey unto d~CO FINAIiCIAL CQRPOI~ATIDits~HOr~a ware corporation authorised to transact bnsineaa itit Florids+ baring Offioe ~ ~~+ Florida :'hereinafter railed the mortgagee, which term, and all pronouns used in connection therewith, shall be construed to includo the atlccesgore and assigns of the mortgagee, :w the context may require, the following described real estate, with aU buildings and improvements now or hereafter erected thereon, Fprt Pierce , in the County of $t. Laois and State of Florida, to wit: situated in All of Lots 6 and ?; and that part of Lot 8 described as follorss ]3egi.aaing at the dontheast corner of said Let 8 and ran thence in a northMesterlJ directie>q along th• sou:herlJ line of said Lot 8 to the Sotithwsat corner thereof+ and r'an thanes i.n a northsasterlJ direction alo><g the vesterlJ line of said Lot 8 a distance of 2t~ fast, rt[a thecae is a sontheasterlJ dirsction+ parallel to the southerlJ lies of slid Lst 8 t~ the easterly line of said Lot 8, • run thence in a southrroatsrlJ direction along the sasterlJ line of said Lot 8 a distaste of 20 feet to the point of beginning; all is Sloalc 20+ of pINL1ef00D+ a subdi~isioa is the CitJ of Fort Pierce+ Florida, according to a plat thereof raeorded in Plat Book 5+ b-t pegs 24+ of the public records of 8t. L+lcie ConntJ, Florida. 'Bee mortgagor agrees to pay to th• aortgagae on •aoh Bats upon rrhioh interest is pa,able+ if required bJ the aortgagee, such amounts as the mort- gages taJ •atimats from ti~te to tics ae neaeasary to create and maintain +- reasrse fund from trY.tieh to P+4F taxes and special aaaesamsnts before any pen- alty attuohss for nonpavmant and premi><ms for such insurance r+s required herein ~rhen dns~ that payments iron said reserve fund for said purposes maJ be Wads bJ the mortgages at its diac~~soa~an® ghat ~ she deal rrdith the none) from said reserve fund ut anJ + g~ e~as the oxner or party or parties at that tine represented to the mortgag ottnera of said propertJ. inn C..~• `~, ;,;.' :.::_ 1,~.: riJnd together with all and airgular the easements, tenements, herec~ilamente, appurtenarioes anti o e is aqd privt- legea thereunto belonging or in any wise now or hereafter appertaining, and the rents, issues and profits thereof; and also all apparatus and fixtures now or hereafter erected or placed in or upon said real estate or now or hereafter attached to or used in connection with said real estate, whether or not the same have or would become part of said real estate by attachment lheroto, including without in any wise limiting the generality of the foregoing, all boilere, furnbcee, heaters, sloven, ranges, oil burners, mantels, gee and electrio light fixtures, refrigerating apparatus, venti- lating or air conditioning system, elevators, screens, screen doore, awnings, blinds, window ahe,des, kitchen cabinets, floor coverings, lobby [urnishinga, gas any' oil tenk.9 and equipment, pipes, wires and plumbing, ell of which shall be considered as annexed to and forming a part of the freehold hereby mortgaged. ~0 ~dbt ttnD t0 ~jOID the abovo-granted premixes with all said easernente, tenements, hereditamenta, appurtenances end other rights and privileges thereunto belonging or in any wino now or hereafter appertaining onto and to the use of the mortgagee, its successors and s•9signs, forever. fit ~OYtgagt)t' ~t[tbp iCobttlAnt~ with the mortgagee that the mortgagor is indefeasibly wired of the rrurtgab~til premises in fee simple and has full power anal la~ti•ful right to sell and convey the same as aforesaid; that the mortgaged prewises are free and clew of all liens anti encumbrances except as herein otherwise recited; that the mortgagor will make and execute such furttier assurance to perfect the fee simple title to the mortgaged prerriutce in said mortgngcw as may reasonably t>e reduired; and the mortgagor does hereby fully warrant the title to said murtgaq~~cf premises, and every part thereof, and will defend the same against the lawful claims and demands of all persona. S~nD ti)e ~[ottgagoc ~eetbp ~obtnantg and ~gYCtfS: 1. That this mortgage is given to secure the performance and observance of the covenants and agreemrnta herein contained and the payment of the principal sum of .. 1)oilare _ _ _ - .- T-nntJ-lies 3housand and No/100 - - - - - - - - - - - ~a ~+(~Q~QQ )with interest thereon weoording to the terms of a certain promissory note of even dat© here- `_. with, execute) and delivered bYs~iart L. Harries and Virginia 'I`• Harris+ his wife, Iieb Florida 'and made payable to the onicr of said , A~CCO FI2+11ANCIAL CpRppFtATIOFi at )Kiami+ or at such other place or places ns the mortgagee may from time to time designate; principal and interest to tx~: paid in instnUmcrls ni specified in said note, final payment of said witt:lPnterest llltCfc'at, if not sooner nuc~l,•, to he clue and pnyablr on the first day of Jatluary , 19 88 , at 1Q Ik'r c'~'~""" t^'r :uuuun ~+I~ilr any ilcLullt exits in the making of any of said payments or in the