HomeMy WebLinkAbout2244 M O R T C3 A G E 1549~'
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1fi1S t?IORTGAGE INade 'lliis ~ dAy ot ~ 1~ '
' Howell Y. ~rerts and
by and bec~reea
Katherine M. btierts ~~;s rrife , of
$t. Lucie C~MY~ of . hereinaftet ~vhether one or mo[e called the "Noctaaaa", lus becane
justly indebted to E~ ~~K« IIIC'. of
DAQlIGt Cou~ty. Saa o( f'~~'~'~ , heceiaahet called uhe "[dortaasee".
in tbe sva d T~~1-~t ~~v~-~ ~ 40/100 ppLLARS (i t 31l.40 ~
e~ideaeed by d Ce!'~a~II ptanissocy ooce of e~en dste hea~rich in the toal amwat set fonh
60 Ti~tJtty-wi~tt atd 54/ 100
abo~e. payable io vaoatbly insta[meats in the sum of
noLi.~?RS c= ~ 39.54 che first payment commenci~a oe the~-d~y ct y .
~q aad contiauina oa the same day of eaeh moach ~heteaker uncil (uily paid. toaecher writh late chuaee of fi~e (S)
ceats pec f1.00 aa each insulment c?ot paid aithin tea (10) days of the doe date. but not e:ceedina the lawful masimum. and
interest after maturity at the tate of 107. pec annum.
NO~. for sad ia coasideratioa of the aEoasaid iadebtcdaess aod to secure the prompc psymeot of che same. Noats~aa ~
has bacgained aad sotd and does heitby ~raat. batsaie. sell and eon~ey w~to the said Nortaaaee. his sutcessocs aed assians, ~
the tollowriog desecibed lot ot parcel of laad sitwced in $t• Lueie C~~y~ ~te of Florida, cw~rie: ~
Lot 15, Block 3, Indisn.Hill Estatea, ae per plat thereof on file in Plat book 10 at
page 32, of the Pnblie Records oi St. Lucie Count~ F1a. ~
This property more cosmonl~ knorn aus: 2011 (~olf Viex Couirt, Fort P~erce, Fla. f
"Including all chattles coatafned therein".
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~p~' ~c ~o~ CLERK IRCU C0~lRT ~
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( Toaether aith all riahts~ membets. pri~ileaes~ I~eredicaments~ easements and appwtenaaces beloaains ot appertainina.
! Mortgaaot hereby co~enants aad wanants to the Motcaaaee. 6is heirs, successors aad aasians~ that he has a fee simple
ticie to said propecey, (ree from all encumbrances e:cep~: ~~g~e8 1' ~~g~e L.O. ~~I1C. ~
Dated: 11-22-55 and recorcled in deed book: 122 at page 119. 2. Marion Mctiuire and
Virginia McC~uire,his wife, dated:4-6-64 and recorded in deed boolc: 85 at page 230.
TO HAVE AND TO NOLD all and singular tMe a(ote6canted aad bu6ained premises ueco che lb~taaaee focc~er. peo~ided .
always that if che Alortgagor shall and wil! pay t~ the order of che Mort6agee, accotdin6 to•its tena and ef(ect. that cectain t
promissory note of even date herewith and secured bereby and sny other swns ~hich beeome owrina by the Alocca:aa co che
Mortgagee prior to cancellation hereof~ then this mortgage shall cease. terminate aod be ~oid, other~rise to temaia in full
force and etfect. ,
The Nottgagor a6rees and co~enants to pay all [azes and special assessments aaaiast theptopeity ap8agees td•~sy
all ta:es le~ied under the lavs of chis State on the indebcedness secuced heredy. Norcaaaor f~uthet:to~enant~"and age~et~haR
he will at all times mtil the release of this macgage keep in fwce a policy of iasurance on chic pacion b~c6e ma~t~a~
ptopeRy ~vhic6 is insurable coverin6 loss aad damage by fice and the other casualties co~ered b~r~tbe usual cadprel~~~rf
casualt~ insurance policy. Such policy shall be with an insuter acceptable w the Mortgagee, in in amouat not Iess t~n:e'blr
balance uwing upon the indebcedness secuced hereby. with loss payable to the Maegagee. In t~e e~eat o~i'oss~ Mactai~r
shall ai~e immediaee notice by mail to the ~longagee. who will make pcoof o( toss if na made ptaYtptly hy the No~agotj'and '
each insuranct company concetned is heceby authotized and directed tu make payment for such loss dicectlyiEStt~t Mo~6i~pe
instead o! tu the !?loctgagee and alonaagor jointly but. in the event any payment is made joincly. lb~eaagor h~~eby~sut6ociz~s
Mortgagee to endorse his name on any c6eck. dtafc br money order as his atturney-in-fact. Upon paymen~ (a Ids~. the Iyo~-
gagee may ae his sole option apply such ptoceeds tu ceduce the balance of the indebtedness,ort0 restote the lnoreaaae ero~
erty~ In the erent of Mortgaaor shaU neglect ot tefuse to oMain said insurance or pay any taxes wrhFn due,tt~en the Nfottaajee
may at his sole option :ob~ain such insurance ot pay all such ta:es or boch. and all sums e:pended therefot are hetebysecPrld
by this moregage• and• aha?1 be duc immediately Erom ~lortasaor co Mo~ca~a~~ writh interest at the cate of ]0~''~t annum kom
the date of payment by t~e Mdrtgagee until paid. °
1'he ~fort6aaor_ aarees ynd co~enaacs c6at he ~rill maintain clx mo~cga6ed pcopercy in aood coadition aad not to caomit or
to peneit anyone else to commit waste. reasonable wear and ceat e:cepted. ltpon tbe failure of the ~{ottaaaot to so maintain
the mortga6ed ptope~ty. che 7~t~,.:;,aaee may cause reasonable maintenance ~rork to be perEocmed ac the cost of the Mottgagot.
Any such sum so expeoded shall be due immcdistely ftom Aloccgaaoc wich intetest at the tace of 107G pec annum from the date
e:pended unti) paid.
The Mon6aga bereby ~ests :tie 111ottpa+qt~rri~t}!!`~¢owet a~ +otAocity. upon the bceacA of any co~eoaoc ur wattant
herein contained. ot upon any default in tbe pa~t~R of ~n~I•iutslweAt protided in said note or any renew~sl ot e:tension
chereof. or in che pecfo~maace of any sgeen~e~ beeeia topt~i~sd, W deelue the eoeire iadebcedness hereby secuted immedi-
ately due and payable~ ~rithout .-.aticr eo aar.p~rsoo, w~eoet~d to Eoteebse this mortgaae in aecotdance with laas ot this
Ccace. ~ti ~
,r?-:~ - c:.~~ . ~ ...800K PACE~~YO
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