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HomeMy WebLinkAbout1904 - . . ~ • MORTGAGE T1D SECURE NOT~ i~8887 FLORlDA ~ THts MoRTG~GE, ~,~de ch~~.~.~_~.~#?~~_._~_d~r of.__ Septer~ber , 196__6~. br Lela FeUf I:n~ ton a k a Lela Fs,__.hni~ ton a k a L 1 Ga.lchrist,~ ~•ri~doi~ and `~;arl~r Le~` Feby,~er son . ' of Ft. Pierce Florid~, he~inafu< <a~ted Maca:aon, ~ All-Craf'~ Industries Inc. _ _ _ _ ~ _ - - - - - - - - - i - - - - - - - - - - - - , . - - • - - - . . 6erri~fur c~lled Maca,ge,e; WITNF.SSETH: In considencion of che pcincipal suan sec ouc in.tbc promissory note of e~ea dace her~e~ricb heteinafar describtd. and for ocher valuabk co~nsidentia~s. ~he Morcgagocs do hereby grant, barsaia, aeD. aL'en, nmix, reksx. caave~ aad coa5rrn nnto Morcgaaa, iu wccessors and asr~s forever, tbe followru?a daeribed propert7~ atwu in_ ~.t.._..~1C1B County, Florida: Lot Five (5), Block One (1), of Service hoMe Builders Subdivision of Fort Pierce, Florida, as recorded in t~:e Office of the Clerk of the Circuit Court ' and for St T~~~±~g County, Florida. IR PAYM~I/T FT1I1[!s -~.~.~~G: S'C' INTANGIBLE rEeZ;JNAi PfiOrEltTY. pU~UANTTO~~A~~~: 2~'•--,~rTCUPt9~f, tst _ i~ I~I ~ CF ~"LLJ~IL~I~ ~E':IU~ Rt?(;_R PO1tR.~ Uark Grcuit C~vrt t~ ~ Ut3~:'tin+ti:ivis.~.` •r~!o TSY i~ ~ Aqint fot GU<Ti5 M.1M1:4 SEPSP66 - ' _ I c,~n? Tox cAnKar _ ~ 5 2 5= _ 0 G 0= ~ H V COMPTROILER~`~~ - - ~Y ~•1•O DEPU?Y Ct.fltK ~~.190138 ~~`~~fn:. - TOGETHER WITH a!) and sing~lar, t6e tenemencs~ i~aediamenu sad app~uteaances tlserevato beb~sina or ia an~rise apperuinin8 and the rents, iuues and pr~u theru+f, aad als~ aU building:, struttura and other impr~aveaients ao~? o~ herafta sicwce cher+e~on. ~ TO HAYE AND TO HOLD in fee simple cbe above aranced and deseribed pt+ani~a unco Morcasga, iu suceasors aad at~i~ett focrcvet. The Mortgagors hereby covenant witl~ Mortgsaee that chey an indefeaub[y seized of uid Iand in fa snnpk; t6at cbe Monaagors have full po~rer aod la~vful righc to eon~ep dx same in f« simpk n sforaaid; tlnc ic slnU be Iaafnl for Mactaaaee, iu successoa and assigas, at all tima peacaWy snd quietly to entec upoa, hold, oecup and agor ssid laad and r?ery part t1~a~e~f: thac uid land 'u free from all encumbranca; chac ct~e MorcgaEors ~rJ! make such ~unher assuranoa w perfeet the fa simpk tick oo uid tand in Mortgagoe, ics successors and auigns. u may na,on,blr be requued; aad thst tbe Mortaaatus do herebr fultp ~?arrant the titk to said land and every part thereof and ~rill 'efend :l~e same against the la~rfol c[airot of all pa~oos ~rLo~t~toerer. PROVIDED ALWAYS, t}ut ef the Mortgagors shail: (1) pay unto Morcgagee that c.r~taia prosniuorp note, ezecuud bJ? tbem Concurnnt~y }le[ewit~f, ia che sum of 1!1ree thousand 61~1t ~1t122 r~d ninety t~~o $,11~5~~1~0~.~ (S 3~ ~~2•~v uid sum beinE payable tn monthly insrallmencs of i~~~3~ ~eb, t6t ficst instal[mau dne on cl,~ 1 5'~i~l d;y of November , 196~_, and an additanal in~ullmeat to be paid an ~ 15#r2~_d,~ of rsch succeedie~ monch t}~aeafcer (or on t6e lut day of any succeeding monch which hu no suc6 da~) uati[ uid sum bas ban piid in fuU excepc tfie fini[ instaltmenc shall be :he b~lance due and (21 perform aIl the eovenanu and eonditions of said prwn- iuory nou dnd any rrnew~al, eutrnsion or modifica~ioc i~xi.of, and tn~<•mnrtg~ge, then tbis mort~age deed and the estate crcated heneby thalt ceasr ar„ bt nuU and void. Tht Mortgagor, fort6er rnvenant u~d agree co and aich Morcgage~: - To paY PromQdy che priacip:l and oiixr sums of money p,~able by vinue of s:id Qromi~~or~ note and of tlw martEage. 2. To pry aU the tases, assessmenu and mrumbnnces of every nacucr ~owr on aaid daecibed proput~~ or that herafce~ may be kvied or assessed ct,ereapon, ~h~n d~ u.d p~yabk, beforc cFxy becorne del;nquenc, and before any iaeeoae acuehes or any penalcr ineo~tod and prompcly furnish Mortgagrx aitb proof of paymenc chcrefor. 3. To Qlaoe aad oontinuously l~eep. an che buitd~n~ na.v or i~erca€ccr s:twte on said lsad, 5sn and txtsnded coveraEe iasunnor ~ s~ ~+o~c of noc ~ cb~ cLe ~oc ..1~ way fran r;me ~o c;,ne be ~ec~6od by cl,e Morcp$a. in mh in~uranoe rompanY u may be appenred br. Mort~pEee; p~u~ided, Iwwever,_ chac if Mon~agee sbal! at :nr time be obliaaced to mainuin 6re and extended oorcnae insnraace on said buildin~. tbe Morcgagon shal! be ezc+,std~from paformaaoe of tha obligatioa to cl~e euunc oi my suc:• ' duplicate covaa,ge. AII insurance polic'~es of the 111ortgagors shall c~ontain the usua! standud mortaaaee elause making tbe laas under said policia psyabk to Morcaagoe u ia inumc may appear; and e?ery such policy and all ncae~rab cl~eroof sbal) be prompcly delivaecl co and hdd by Mort~asee, coseclKr wich a reoeipc for tbe F~ynium c6erron. Mor~gagee s6all In~e the riShc to adjust ~•?h tlw. =Rr Io~ wn~~ ~~r :~h potxr. and aay suc6 adjustnk-nt sha11 be conctusive on cl,e Morcgagoa. Mortgagee shall havc :I•c rixhc to ?YCave aml colkct all protoeds paid on any claim ~:~r ~~r, to uidot~e the Mongagors names to an,y check or ut6er instrumeat of paymrnc, ~ ~o ,~~r p,~as-~, ~y~~ ,,,r ,~,,,t a~ ~ ~.,~a ~ n •tr recuic.i hc+-cl?y sad any e=pensea incurrcd bv MorcgaSee in prooessina u,y elsim widu ~ny :ucb poliey. Mortgasae shall pay to t~x 1RUr~ ~agon che bal.inee of the procecds, if my, remaining afcet tfre afore~aid deductans. Nothiaa conaioed herein s~ait :m~~~i- or abrog~rr thc ri~ht of t6e Mortgagocs w procucrc iusyranoe imm m a6eot or tompanY of their owu sekction as provided in th.• v- ancr laws oi the State of fibrida. 4. To pay afl aad :inautar the ceau, ebarsa ud tspenaes, iaieludiaa reasonable attornep's fea if rrfared f~ collecuan ce x~ actorney not a utaried empbyee oE tbe Morcaaaae, aAd oost o~ absuxtt of titk, ineurnd or paid at anr time by Morexagc: 6ecause of cbe fail~ue on cbe part of cbe Mortaaaors co perfprm t1~e conditioas and eovauocs of uid praniuory nou and of ch='s mortgaEc. . f. To permic~ commic or w6er ao ~rasc~ empzirn~mt Qr deterioracioa of said propertr or anr pan cbe~af. co ~erp anJ main- ts~a tbe ume, uuludina all buildinas no~w or baufter tituau on uid Qnanises. in aood eonditiou and repair, and prcunPtly eo makc ~V.~ ~ f ~ ~ - ~ ~ ` y ~ , ~ ~ ~ , _ . . .