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HomeMy WebLinkAbout2467 : ii' , _ • ~ ~~~2' • : ` : ? ° ~ 15928'7 ile~'~ rn ~r~atrwru~to ~uRa~ cue~~r ~~~aint ~c~soN~~ n~orcntY. /Ni~UAMT ?O GMAM~w ~07t~, AC1~ Of 1N1. ~OGfR rO1TR~S, Cl~rk Clrowf C.;wt +r ApMt I~a CN~TIS M.IAMES ~ T°~ ~ortgage . ~ THIS MORTGAGE. made JLL~y 318t . 1~7 . by and between YII.LARD C. ~R and MdRI(~ A. Y~iEE, hi8 ~+if@, o! COUIIty Of St. Ia1C~@ . State of Flodds, the "Mortgagor" (whether one or more). an8 J. T. 9T~[ART MORTGAGS COI~ANY~ INC. a c~orporation ol the State oi Flodda, having 1ts prlndpsl otCice and po~t oSice addreas at Coral Gsbles, Florid~. the ••~iortgagee.•• WITNFSSETH: The Mortgagor. for good and ~aluable consideration recehed. and alao in conaideratioa ot the principal sum named in the note herefnatter deacribed, does hereby mortgage. grant. bargain. seU and couvey unio the Mortgsgee, ita aucces~ors and assigns, all ot the follavring dacribed lot or lots. tract or pamels ot lend. includtag therewith and as a part thereof. the buildings and improvements and all the Hghts. water rights, prlvilegea. hereditaments and eppur- tenances, now or hereatter fn anywfse eppertalnfng or belonging thereto. and aqy part o1 any street or alley a~acent~ ~•acated or to be vacated. aituated in the County of St. I~1C19 State ot Florlda, to-wIt: I,ot 3, Block 14 of RIySR pAI~K tRiIT 2~ according to the pl,et thereof as recorded in Plat ~ok 10, at Pe~ge 72 of the Public &ecorde of St. Lucie Gounty, Florida. the "premises" herein. Z~OGE'THER WITH (e) all the estete. dght, tiUe. interest, homestead, dower and right of do~aer. separate estate. property, ~,oosession. claim and demand whatacever. as well ia law as in equity, of the Mortgagor in and to the premLges and every part and parcel thereol, and (b) the rents. L~aues and proflts ot the premis~ea. and <c) al! fi~r- tures~ inrnist~ings and equipmen! now, or heresfter during the term of thls Mortgage. belonging or attached to any build- ~ ing on the land. or whlch are installed or placed ia or about any such building for use as a part thereo! in conjunct[on with the use or occupancy of the buiidLng, including under the foregoing (but not 1Lnited tq, or by spedal or general reterence limiting or excluding any other 8xturPS„ fumWrings or equipment as atoressid). the following: storm veatjbules, doors and windows; window. door and porch screening. awnings. shad~s and bltnds; fuiaace. stoker. gas and oil and electrIc burners ana heatera. grates, radiatora at~d regiaters, hot weter heater and all heating rquipment; motors. fans, inclneratozs. air conditionera and ventilators; all llght[ng ibctures; wall. folding, mll out or disappearing beds; linoleum; ice boxes, refr3geration units and equipment; kitchen cabinets and units; all utlHty unit sectfons; All such 8xtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or building~ thereon whereln placed or installed and a part oi the premises, and real property as between the psrties hereto and all Parties claimlag by. through or under • them. TO HAVE AND TO HOLD the premises unW the Mdrtgagee and the successars and assigns ot the Mortgagee for- erer. and the Mortgagor covenants: Tliat he is lawfully seised of the premimea in tee simple and has good right to mort- 8age. se11 and convey the premi~es• that the premises are iree trom all llens or encumbrances whataoever pxcept and { unless berelnaiter spedHcattY ateted. at~d the Mortgagor warrants and will defend the premises nnto the Mortgagee, its j successora and asaigas against all claims and demands what~oever. F ; TIiLS MORTGAGE I3 GIVEN to secure compl[ance with and the performance of the obligatlons and covenants here- ~ in of the Mortgagor. and to secure the payment of a promissory note of even date herewith. the terms of which are in- ? eorporated herefi[ by rPference. e~~idencing an indebtedness of the ~tortgagor to the '~iortgagee in the prtncipal sum oi - ~ NINB T~IISAND SIX ~TNDBED and 00~100- - - - - - - - - - - ~nor,r.Axs cs 9,600.00 , ~ bearing interest trom date at the rate of BeY@Yl per centum ( ' per annum oa the unpsid balance. both interest and principal being payable monthly at the principsl office of the M M~ ~ gagee, or at such oWer pUce as the holder oi the note may designate in wrlting, by monthiy ir}stailmenta in the amount i ot SEVHdTY-FOtTB and 43/l00- - - - - - - - - - - - - - - - - - -no~n.s cs 74 • 43 ~ esct~, due ana payable an t~~'first day oi eacii ande~ery month, commencing Se temberlat i ~ p . s67 . eacept that monthly installment psyments shall not extend beyond d13g118t ZSt , 19 8~f ~ . on which date any I princlpal and interest remaiNng unpaid shall 6e due and paid in fuli. ~ ~ Pri`vilege is given to prepay in f1x11 after one year fros date of nortgage upon ~ the psyment of a lyb penalty baaed on the original amount of the mortgag+e. If We prindpal wm and interest are psW as in the note agreed and the c~ovenants and agreements herein contwtned are tully kept. performed and canplied with, then tNs MOrtgage shall be diseharged, but U detault occun in the malcing 1 ot anY PaY~t or as to any agreement, ooadltion or covenant in the note or ih Ws MoK8a8~ 1"~4uired sad agreed, the ~P~ P~~PV sum. fnten~st. ar~d all other Indebtedness, ihe payment oi w!?ich is secured hereby, shail at the election - State documentary stamps affixed to the ori~-1t1a1 note aad cancelled. ; ~ ~~K~67' ~~~2467 - r g~~~~~~~-:,~~ ~ - ` _e<.s-.'. "