HomeMy WebLinkAbout2748 3s-4382
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DU[ OM C~Aff'C' tNTANQtiLt KiMOMA1, MQlSlfT~
ru~aMrT To cwirTa~ ~cts or tw4
~ t0111b?5. ~k Qrwit Co~11 t
i /l~wit CIIRIIS ~A. ~AIIA~
~ Tmt Coi~rt
y ~ortgage
THIS MOATGAGE. msde ~JLt].~ 28 ~ , 19 6? by and between
80Y Z. PROCTOa and ALICB P. PROCTOx, hie wiie
o[ ~i0Ul1t~ OZ $t,. L1~Qie . Slate of Flodda. the "I?tortgagor" (whether one or more). nno
tT • S•$ZE~~SZ Y~~SG~Ar$ ~~YP~liT ~ I~ICi •
a corporation ot the Stste of Florida. heving ita princfpsl ottice and poat oH(cc nddceas at Coral Gabies, Ftorida. the
••l~torigagee." .
WITNFSSF.'TH: The Mortgagor. tor good and raluable conslderatlon recei~ed, and also in conaideration of the prlncfpal
sum named in the note heretnafter descdbtd. does hernby mortgage. erant, bargain~ seA and rnn~ey unto the Mortgagee.
tts aucceasors and assigt~s. all of the following deserlbed lot or Iota. tre?ct or parcels ot tand. including therEwiW and as
a part thereoi. the bul)dings and improvemeata and aU the rtghts. vvAter dghts„ privUeges, heredltaments and appur-
tenances, now or hereaiter in anyvvise sppertaining or belonging theretoy and any part oi -
any street or alley adjacent. ~•acated or to be vacated. situated ln the County oi s~'r. Znoie
State ot Florida, tawit:
zot-6, Bioo~ 2, sov~ra roar ss. LIICI$, oai4 oas,
aooording to the Plat th•reof ae reoorded ia
Plat Boolc 12, pages 1 and 2 of the Pnblio $e-
corde o~ St. Zuaie Oonnty, Florida.
the "premises" herein. 1~OGE'THEIi VNITH (a) all the estate. rlght, title, inierest. homestead, dower anci right of doM er,
separate estate, property, po~ssion. claim and demand wtuttsoever. as well }n Iaw as in ty, ot the Mortgagor ui and
to the premises and ever,~ part and parcel thereoi. and (b) ihe rents. lssues and proflts ot the premises, and (c) all fia-.
tures. furntshings and equipment now. or hereatter during the term of thla Mortgage. belo g or attached to
any butld-
ing on the land, or which ar~e installed or placPd in or about any such bullding for use as part thereoi in con3unction
with the use or occupancy oi the building~ including under the foregoing (but not Wnited o. or by special or general
- refernnce lianiting or exclnding any other 8xturea. furnishings or equipment as atoresaid). the lollo
doors and windowa• window, door and porch screenin awNn shades and blinds; furnace. stokwerg~ vestfbules,
8. 8S. gas and oil and
electric burnera and heaters. grates. radiators and registers. twt water heater and ati heating rquipmeat; motors, tans,
incinerators~ air conditlaners and ventllaton; all llghting flxtures; wall, folding, mll out or dtsappearing beds; linoleum;
ice boxes, reftigeration units and equipment; kttchen cabinets and units; all util[ty unit sections;
All such Sxtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buitdings
thereon wherein ptaced or inatalled and a part oi the premLses, and real prnperty as between the parttes hereto and all
Pa~1~ ~~n8 bY, throu8h or under them -
T~ HAVE AND T~O HOLD the premises unto ihe Mortgagee and the successots and asaigns of the Mortgagee for-
e~•er. and the Mortgagor rnvenants: That he is lawtuUy seized af the premises in fee simple and has good rlght to mort-
gage, selt and ooavey tlie prPmises; Lhat the premiaes are tree from all liens or encumbrances whatsoe~er Pxcept end
uNess herelnatter spedIIcally atated. and the Mortgagor wsrrants and will defend the premises unto the Mortgagee~ its
succesfors and aaaigns against ail cLtms and demands whataoever.
TfIIS MOATGAGE I3 GNEN to ~ecure compitance with and the pertormance ot the obligations 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-
corporated herein by reference. eridencing an indebtedness of the Mortgagor to the '.Kortgagee in the prindpal sum of
EIGffi THOIISLAD and 00~/100-----~.__~__.,~_______..~o~RS cs8, OQO.OO ,
bearing interest irom date at the rate of $8Y@II per centwn ( ( ~,7r ~
per an~um on We unpaid balance. both interest and principal being payable monthly at the prlncipal office oi the Mort-
gagee, or at such oiher place as the holder of the note may dzsignate in writing, by monthly i~stalimenta [n the amount
or SIYTY-~0 and 03/100M~~~~~~N~~~~MM~~~N~~~....~~xs cs62.03 :
each, due and pqyable on the f~B'~ day oi each ande~ery month, commencing SBj1t~8aber 1 ~ 1g67:
except that monthly instaIlment payments shat[ not extend beyand ,U$1lH'~r , 19 8~ on whtch date a»y
principal and fnterest remaining unpaid shall De due and pedd in full.
~ Privilege ie givea to prepay in full atter oas ~ear fros date oi
mortgage npon the pa~?aeat of a 1¢ penslty based on the original ~
amowat oi the sortgage.
If the pr[ndpsl wm and interest are paid as in the note agreed and the covenants and agreements herein contalned
are fully kept. performed aad complied with. then thb MOrtgage shall be dischuged, but it default oocurs In tl~e malcing
ot any payment or as to any agrtement, oondlUon or cavenant in the iwte or in this Mortgage required and agreed, the
unpaid prindpal aum. faterest. and all other fndebtedneas. We payment ot whSch is secured hereby. shall at the electlon
State doouseatar~ eta~ps aifized to the original note and
oanoellad. '
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