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HomeMy WebLinkAbout2087 sr-a2~6 15287'8 ~ortgage THIS riORTGAGE. made Febr11~ IOLaI . 19(7. by and Detween I40~PGLGS ILTY~T COEPaSATIOH ot CoUIIty of St. ~iCie , State oi Florida. the "Mortgagor" cwhether one or more), end J. T. 9TI~lAflT MURTGAGS COt~Al1Y IYC. a corporation oi the State of Flortda. having its p~cipal oHice and post o81ce address at Coral Gables, Florida. the "MOrtgBgCe." ' WITNESSETH: The Mortgagor. for good and ~•aluable consideratton receired. and also in consideration oi the pclncipal sum named in the note hereinaiter deacrlbed, dces hereby mortgage. grant, bargain. seU and convey unto the Mortgagee, its aucceasors and assigns, all of the foAowing descrlbed lot or lots. tract or parcela of land. including therewith snd as a part thereof, the buildtngs and improvemenb and all the rlghts. water rights, prlvileges. hereditaments and appur- tenances. now or hereaiter in anyna ise appertaining or belonging theretq, and eny part of any street or alley adjacent, ~•acated or to be vacated. situated in the Couaty oi 3t. IKCi@ State ot Flodde. to-wit: Lot 22, Blook 1 of SOOTH POHT 8T. LIICIB, IIHIT 1, acaording to the Plat thereof se reoorded in Plat Book 12, at Pag+es 1 and 2, of the Public 8ecords of 3t. Iiuofe County, Florida. the "premises" herein. TOGETHER WITH (a) all the estate. right. UUe. interest. homestead, dower and rlght of dovrer. separate estate, property, po~aession. claim and demand whataoever. as well [n law as in equ[ty. of the Mortgagor in and to the premtses and every part and parcel tAereot~ and (b> the rents. LSSttes and pro8ts ot the premises. and <c) all fir.- tures. turnishings and equipment now. or hereaiter duriug the terrn oi Uils Mortgage. belonging or attached to any build- ing on the land. or which are installed or placed in or about any such buildlug for use as a part thercwt in conjunction with the use or occupancy oi the building, including under the toregoing (but not limited to. or by special or general reference limiting or excluding any other Sxtures. furnWdngs or equipment as aforesald). the foUow[ng: storm vestibules, doors and windows; window. door and porch screening. awnings. shades and bl[nds• furnace, stoker. gas and oil and electric burners and heaters. 8rates, radlators and regiaters. Mt water heater and all heating rqutpment• motois tans. incinerators, sir rnnditioners and ventilators; all lighttng fixtures: waU, folding. roll out or diaappearfng beds; linoleum; ice boxes, refrigeration units and equipment; kitchen cabinets and units; all util[ty unit sectionS; All such 6xtures, fumishings and equipment are and shalt be deemed to be a permanent accesston to the land or buildings thereon wherein placed or installed and a part of the premises, and .-eal properiy as between the psrties hereto and all parties claiming by, through or under them. ~ TO HAVE AND T~O HOLD the premises unto the Mortgagee and the successors and assigns ot the Mortgagee for- e~er, and the Mottgagor covenants: That he Is law[ully seized of the premises in fee simple and has good right to mort- gage. sell and convey the premises; that the premis~ees are free from all liena or encumbrances whatsoever Pxcept and unless hereinafter speci8callq stated. and the Mortgagot warrants and will defend the premises unto the Mortgagee, its successors and assi~s against all claims and demands whatscever. TH7S MORTGAGE IS GIVEN ta secure complIance with and the performance of the obligatlons and co~enants here- jn of the Mortgagor. and to secure the payment of a promissory note of even date herewith, the terms of which are in- rnrporated herein by reference, e~idencing an indebtedness of the ~iortgagor to the :Kortgagee in the prindpal sum oi F+~S~ THOIISAHD 3SVFN flUAD~RgD and 00~100- ---------~or..r.nRS ci 14, 700. 00 ? bearing interest irom date at the rate of $eVeri per centum ( 7 ~ 1 per annum on the unpaid balance. both interest and principel being payable monthly at the pdncipal office of ~he Mort- gagee. or at such other place as the holder ot the note may designate in wi3ting, by monthly i~stallments in the amount ~ ot QHS HIIAD~D 'P~HT~ and 98/100- - - - - - - - - - - - - - nor.i.aits cs 113.98 ~ each, due and psyable on the first day oi each and e~•ery month, rnmmencing I'I~rCh 18t . 19 67 ; ~ ~ except that monthly inatallment payments shall not extend beyond I~'BbTl18~~f 18t , 19 87 . on which date any 4 principal and interest remaining unpaid shall be due and paid fn full. ~ privilege is givea to prepay in full after one year from date of mortgage i upon the pay~ent of a lg6 penalty based on the original amouat of the mortgage. ~ ~ If the princlpal sum and interest are pa[d as In the note agreed ana the covenants and agreements herein rnntained f are fuliy kept~ performed and complied with. then tWs MOrtgage shall be discharged. but if default occiu's in the making of any payment or a~ to any agreemen~ conditlon or covenant In the note or in th3s Mortgage required and agcrM, the ~ unpaid principal sum, interest. and all other indebtedneas, the payment of which is secured hereby. shall at the elecUon 1 3tate documentary ata~ps affized to the original note and caacelled. ~ ~ ~ 800K1V4 PACE~OOJ ~.~.~:,~,~,-~x~ - _ - - - , . 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