HomeMy WebLinkAbout0407 ~i ,N PA+M~`
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~ ~ortgage
THIS AIORTGACE. made ND~r 1St . 1~7 . by and between
D71NP8 '1'QOCO and 8VA TOOCO• 21i8 Mi~@,
ot St. I~1Ci@ (7011Aty . State ot Florida. the "Mortgagor" (whether one or more~. anB
J. T. 9T~IIiR1' 2lORl'G1~C~ CqiAANY • II~.
r corporaUon ot the State of Florida. having its principa! ufCice and post oHtce address et Conl Cables, Fforida. the
"1lortga~se.•• '
WITNFSSETH: The Mortgegor, tor good and ~aluable consideratton recei~•ed. and also in considei~aUoa a[ the principal
sum named fn the ~ote herelnatter described. does hernbp mortgage. ;;rant, i?argain. seL aud coa~ey unto the I?iortgagee,
its successors and essigns, all ot the foUowtng ~lescribed lot or lots. tract or parcels ot land. includiag therewith and at
a psrt thereot, the buildings and improvements and uil the riShts„ water rights, pr[vfleges. hereditaments and appur-
tertances, now or hereaiter in anyveise appertaining or belonging thereto. and any part oi
any street or alley a~acent, racated or to be vscated, sttuated in the Oounty oi St.- I~1C16
State ot Florida. to-wtt:
OI~IIT2Z; aCCOldiilq tO theA ~ ther~~
rscorded in Plat Book 12, at Pnges 1& 2
of the Public Iaecords of St. Iucie County,
Floridn.
the "premises" heretn. T~OGF.'THER WITH (a> all We estate, rlght, tiUe, interest, homestead. do~wer and right of doner,
separate estate. pro~rty. posaession. claira and demand wt?atscever. as well In law as in equtty. of the Mortgagor in and
~ to the premises and every Fart~and parcel thereof. and tb) the rents. issues and proSts of the premises. and (c) all fia- ~
tures. turnWiings aad equipment now. or hereafter during the term oi thti Mortgage. belonging or attached to any bu[ld- ~
ing on the land. or which are installed or placed fn or about any such building for use as a part thereoi in conJunction
with the use or occupancy of the building. including uader the foregoing (but not limited to. or by special or general
• reference limiting or excluding any other Sxtures. furatahfnSs or equtpment as aforesaid)~ the lollowing: atorm vestibules.
doors and windowa; window. door and porch screening. awnings. shades and bltnds• turnace. stoker, gas and oil and
elertric burners and heatera. grates. radlators and registers, hot water heater and all heating equipment• motors. tans.
incineratois, sir cond[tfoners and ventilatora: all ltghting fixtures; wall, folding. mll out or disappeat[ng beds; lino2eum;
ice boxes, retrigeration unlts and equipment; kitche~ cabinets and units; nll utility unit sections;
Al! such Sxtures, furaLshings and equipment are and shall be deemed to be a permar:ent accession to the land or buildin~ i
! thereon whernin placed or installed and a part oi the premises, and real property as between the parties hereto and all ~
f paities claimtng by. through or nnder them.
1~p HAVE AND TO HOLD the premi~ea unto the Mortgagee and tha succeswrs and assi8ns ot the Mortgagee for-
e~-er. and the Mortgagor rnvenanfs: That he is lawtully seized of the premises in fee simple and has good right to mort-
gage, sell and oonvey the premises; that the premises are free trom all Gens or encumbrauces whatsoever pxcept and
unless hereinaitet spec[flcally atated. and the Mortgagor warrants and wtll detend the premises unto t6e Mortgagee. its
succesaors and as~i~s against aII claims and demands whatscever.
THIS MOBTGAGE IS GNEN to secure complfance with and the per[ormance of the obligations and co~enants here-
in of the Mortgag~or. and to secure the payment of a promissory note of even date herewith. the tenms ot which are fn-
corporated herein by reference. e~idencing an [ndebtednea o[ the ;Sortgagor to the riortgagee in the principal sum of
FOURIBSN THOi~D SBVSN HUrDIi~ ar?d 00/100- - - - - - - - - - DOI.I.nRS (i 14,300.00 ? ;
bearing interest irom date at the rate of seven per centum ( ~Xr ~
per annum on the unpaid balance. both fnterest and principal being payable morethly at the principal o8ice ot the Mort-
gagee, or at such other place aa the holder ot the note may designale in writing, by monthly installmeats in the amount ~
:
~
~ ot OI~S H~JrDI~U T~IIRT~N and 98/10~- - - - - - - - - - - - - ° DOLLARS ci 113.98 ~ ~
~
each, due and payabie on the fi=St day ot each and e~ery manth. commencing DeCember 18t . 19 67 : 1
except that monthly instaltment payments shall not extead beyond NDV~bPr 1St , 19 87 . on wAich date any
principal and interest remair.ing unpaid shall be due and paid in tull. i
e
Privileqe is qiven to ~pay in full after one year fro~ date of mortgaqe upon `
the pays~ent of a ls penalty based on the oriqinal amount of the nartqage. ?
~
If the principal sum ar~d interest are paid as in the note agreed and the covenants and agreements htrelu couWned
are fully kept, pedormed and complied with, then this Mortgage shall be discharged. Dut i[ detault axurs fn the znalcing :
uf any payment or as to any agreemen~ rnndiUon or covenant in the note or in this Mortgage required and agreed, the ~
unpafd pr[ndpal sum, interest. and all other [adebtednPas, the payment oi vehich is secured hereby, shaU at U~e electlon
Stdte documentary stamps affixed: to the oriqinal note and cancelled.
a~~ 169 P~ 403
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