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HomeMy WebLinkAbout1823 - . . , , 65n f ' ~ Know A~I- Men by Z'hese Presents, ~ ~ "Cti.1't', DR, S. L. NATfiANSON and 1~NICA NATHANSON, his wife, f ~~f - uf St. Lueie ~ C'ounty, State c~f Flaridu, hert~int.?fter callc~l the murtgagor, ~~•t?ich term ~na all prunoun~ u5eci in coiii~c~tiu~i tfiere~~~ith, shall t?e con~true~i to inclu~le ttie :~in~ultsr and the plural, the masruline and the feminine or the neiitPr, a~nd alsu the hei_~, executors, admitiistrator~, :~u~•cc~.~,o~ ;in~i r~.vign~ of the mortgagor, ~s the conte~t. ma~• reryuire, cia hereb~~ grant, bargain, sell t?nd con~•ey unto ATICO FINANCIAL CaRPORATION,~a Delaware ' corporation, authorized Lo transact business in P'loridg, heving its H~ae Office in - Miami, Florida, hereintifter callcd the mortgagee, hicli term, e?nd all pronuun.~; u~e~l in connectiun there~~~itt?, ~hall be constru~cl tu include the ~uccezr~ors a.iid ~ign~ of the mortgagee, as the conte~t mt~~• rec~uire, the fullo~~~ing described real estate, ~~•ith all buildings and impru~•ements no~v ar hercafter erecteci thereon, 5ituat,ecl in Fort Pieree, , in the Count~• of St. Lucie `~tate of Florida, to ~rit: That part o£ Bloctc 20 of PINEWO~ SUBDIVISION as per plat thereof on record in Plat Book 5, pa,ge 24 of the Public Records o~ St. , Lucie Gounty described as follows: All of Lots 4 and 5, also beginning at the NorCh East corner of Lot 3 run South~resterly ~ alonR the front line of said Lot 65.87'feet, thence Northwesterl r,,~ yl to the center af back line of Lot 3, thence .N~r.li}~r~tlong ~or easterly reaac line of said Lot 29-.9~feet eo the North corner thereof, r~ thence Southeasterly along the line dividing Lots 3 and 4 to the Point of Beginning. ? The mortgagor agrees to pay to the mortgagee on each date upon which interest is payable, if required by the mortgagee, such ~nounts as the mortgagee may estimate fram time to time as necessary to create and maintain a reserve fund from which to pay taxes and speci~l assessments before any penalty attaches foz nonpayment and premiums for such insurance as required heYein when due; that payments from said ' reserve fund for said purposes may be made by the mortgagee at 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 repres~ te~to the mo;tgagee as the owner or oWners of said property. RECEiVEO; iN ~AYME'TlTOFTAI(ES T~IlS RiOT't 3 E' ] S bein re-recorded for the AUE ON CLASS'C' INTANGISLE !'ERSONAL PROPERTY. g g $ j~IlY'pOS6 p~JRSUAN7 ?O CHAP7ER 20~24, J.CTS OF 1941, of correcting the legal description; the legai ROG.-R flC~~.: , Clerk Circuit Court descri,ption as herein contai~aed nci~r, 3s the,~ properas Agent for CU~.t{S M. JAMES legal description of the encumbered property. st• Tax Collector ~r v~-~` o~urr c~wc together ~~~ith ull and aingular the easement~, tenements, hereclitament5, appurten~~nce, and other right~ anei pri~•ilege• thereunto bel~nging or in any ~~•ise no~~ or heret~fter appertaininr, and the rent,, i~stres ancl prafit~ thereo[; xn<l al~u alI spparutus and fixtures no~~• ar hereafter erected or placecl in or upon said real estatc or notiti• or hereafter ati~iche~l to or u~ec1 in ronnection ~i-ith saicl real e~tite, «~hether or not the same ha~•e or 1~•ould become part of s,iid real estate ~ . bt• f~ttachment thereto, incluclin~ «-ithout in anti~ «~ise limiting the genernlity of the foregoin~, all t~oiter~, furnaces. heaters, stoves, ran~;es, oil burners, mantel~, ~~.5 flnd elec~tric li~ht fi~ture~, refrigerating ~tipparatus, ~•entilating or ai~• conclitioninR s~-stem, eleti~ator~, 5creens, screen doors, a~~~nin~s, blinds, »-inda~~• ~hade5, kitchen cabinet~, flc~nr co~~ering~. lubb}• furnishings, gas ancl oil t.~nks flnd ei;uipment, pipe~, ~~•ires and phimbing, all of ~~-hich shall he considered as annexcd to and formiug a part of the freehold liereb~~ mortgaged. TO H:~`'E ~1D TO HOI,n the tibo~•~granted premises ~~~ith all said c~~.sements, tenement~, hereditaments, appurtenances and ot}aer rights and pri~-ileges thereunto belonging or in ~n}• ~~•ise no~~~ or. l~ereafter appe?-taining unto ancl to the use of the morfqagee, its suec•e~.~ors :~nd ~.5signs, forever. THE ~tORTt~A~nR HEIZFF3l' C'f)~'I~;\:1\TS with the mort~a~ee that the m~rtgagor is indeiea.~it~ly seized of the mortgaged premises in fec~ simplc~ .incl has full po~rer and lan~ful rigt~t to sell ancl eonvey the s~me a.5 aforesaid: thAt the mortgaged premiseg are frcr an~l rle:ir of all liens and encumbr~,nces except as herein other~~~ise reeiteci; that the mc~rt.q<~gor ~vill mahe flnt3 exc~~ute ~u~•h furth,~r a.~.5urance to perfect the fc,~e simple titie to the martgagecl premise..~ in s;~id mortRflRFn ag may re~~~~nahl~~ h~ rc~~i~~ir~~~i: and the mortqa~or does }iereby iullr «~arrant the title to said mort- ~ ~a~eci premi~P~, uncl e~•er~• pnrt tliE~rc~~~i, .~n~i ~~~ill ~If~fiend ttie ~ame ~gainst t~he la«•ful c~la:ms and dernand5 af ull persons. :~\I) 'CFII: ~I~)R'Iv(~.a(.t)}t F~N:ltl;r3l" ('t)~'E~.'~~TS :~\D ~C:1~EFS: 1. That thi:: n~~,rtguKc~ i. ;~i~~~n t~~ ~c~ru~~f• th~ perform~nce and ob~;er~•~nce of the co~•enants and agreements herein containE•~1 an~l thF~ pa~~m~nt o1 thc~ pi•in~~ip:~l ;um of Forty Thousand and No/100 (g 40, 000.00 ) n~ith intc~rest t}• ~re~r,n :~rrurilinR t~ th~ tenns of a certain promis.sary note ~,f e~•en date he e~,ith, ~ exECUted anrl cleli~•~rc~c] b~• said D'x. S. L. NATHANSON and MpNICA NATHANSON~ his wife, ? and maclF• pu~•at~le t~~ tiie ~~rder uf .~ai~l ATICO FINANC7AL CORPORATIO?~1, at Miami, Florid.~y ~ or at ~u~•h ottler pl~.~e ur plac~c~, ~.5 the mortg~qc~e may from t,ime to time designate; principai ~nd interest to be paid in in~tailmen;~ as ~pecified in said note, finat payment of said prir~cipal aQd interest, if not ~uon~r m:?~Ic~, to be ~1ue and p~yable an the fir5t day of ,~~iy , 1S 90~with interest at ten per centurn per annum w•hilr~ any default exist~ in the muking of any of said paymsnts or in the perform- ance or obseri•ance of an}• co~•enant, condition or agreement in ;3aid note, or in any instrument n~w or hereafter evi- den~~ing or :~ec~urinq the :~ame, and th~ hulder oi ~aic1 nnte may apply pavment,s receiveci on any arnaunts due thereunder ~~r under thc~ term5 of €?n~• iu~;rument no~~- ~~r h~rr~after e~~id~ncin~ or >Fruring said note, a,~ suc older y determine• l~~ r ~•J:l ? ~ R ~ BOGK ~ 2~, . - - ,