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HomeMy WebLinkAbout0816 1H1! INSTRUMCNT PREPAREkI 9Y . ABSTRACT ~ TITLE CORP. OF FLORIDA $j`-4521 163;~p4 201 5. 2ND ST., fOftT P:EHGE. FLORiDA ~ortgage THIS ~iORTGAGE, made JEtnusly 15th ~ 1968. by and between CHARLES C. Mct~BB, JR. and J[~?NITA S. Mct~~BB, his wife, ot County of St. LuCie . State of Florida, the "1?forlgagoC' (whether one or more), ano J. T. ST~RT MORTGAGB COI~ANY, INC. a corpora~ion ot the State ot Florida. having Its principal oftice and poat offfce address at Coral Gables. Florida. the •.~tortgagee.•• WITNFSSE.'TH: The 1?iortgagor. for good and ~•aluable consideration rece[~ed. and also in constderation oi the pdncipal sum named in the note herelnafter descdbed, dces hereby mortgage, grant, bargain, sell and con~ey unto the Mortgagee. ita auccessors and assigns, all oi the follawing deacribed lot or lots. tract or parcels of land. indudlag therewlW and aa a part thereof, the buildings and improvements and all the tiShts. water rights. privileges, heredttaments and appur- tenances, now or hemaiter in anyn~ isc appersaining or belonging thereto. and any part of any street or alley a~acent. cacated or to be vacated. situated in the Counly oi St. LuCie State of Florida. to-wit: Lot 10 , Block 4 of SOIJPH PORT ST. LUCIB , iTNIT 1, according to the Plat thereof as recorded in Plat Book 12, at Paqes 1& 2 of the Public laecords of St. I~ucie County, Florida. r the •'premises" herein. TOGET'HER WITH (a) all the estate. right, tiUe, iaternst, homestead, dower and right of dov?er, separate estate. property. possession. claim and demand whatsoever. as well in law as in equity. of the Mortgagor in and to the premLses and every part and parcel thereoi, and <b> the rents. Lssues and pro8ts of the premises, and tc) all fix- tures. furnishings and equipment now. or hereatter duri~?g the term oi this Mortgage. belong[ng or attached Lo any build- ing on the land, or which are installed or placed in or about any such building for use aa a part thereof In co~unction with the use or occupancy oi the buildtng. includiag under the foregoIng (but not limited to, or by special or general reference limiting or excluding any other Sxtures, turniahings or equtpment as aforesaid), the following: storm vestibules. doors and windows; window. door and porch screening, awnings, shades and blinds• furnace. atoker, gas and oil and electrlc burners and heaters, grates. radiaWrs and rngisters. hot water heater and all heating aqulpment• motors, tan~. incinerators, air conditloners and ventllators; all llghting fixtures; wall, folding, roA out or disappeadnS beds: linoleum; ice boxes, refrigeration units and equipment; kttchen cabtnets and units; all utllity unlt sections; I ~ Ali such fixtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buildings ~ thereon wherein placed or installed and a part of tRe premises, and real properiy as between the parties hereto and all € parties claiming by. through or under them, z TO HAVE AND TO HOLD the premises unto the Mortgagee and the successors and as4lgns oi the Mortgagee for- ~ ~ ea•er, and the Mortgagor covenants: That he is lawtully seized ot the premises in fee simple and has good dght to mort- ~ gage, sell and rnnvey the premisea• that the premises are free from all llens or encumbrances whatsoever Pxcept and ~ uNess hereinafter speciScally stated, and the Mortgagor warrants and will defend the premises unto the Mortgagee, its ~ succe.~sso:s and assigns egainst all claims and demands whatsoever. ~ ~ TfIIS MORTGAGE IS GIVEN to secure compliance with and the performance of obligatians snd covenants here- in of the Mortgagor. and to secure the payment o[ a promissory note of even d:.ce herewith, the terms oi whtch are in- ~ ' corporated herein by reference. e~idencing an tndebtedness of the :~iortgagor to the ?Kortgagee in the prlncipal sum of BIRVEN THOUSAPD and 00/100- - - - - - ~ - - - - - - - - - ~ - DOLLARS (i 11 000.00 ~ bearing interest fmm date at the rate of S@veII per centum ( ~ rr ~ per annum on the unpaid balance. both interest and principal bein8 paYable monthly at the principal o~ice of the Mort- ~ gagee, or at such other place as the holder oi the note may designate in writing=by monthly installments in the amount ~ of EIGHPY~IVS and 29/100- - -~O~R3 (i 85.29 ~ ~ { each, due and payable on the first ~y oi each and eeery month, commencing MBZCh lst , 1968 ; ~ ~ ~ ~ except that monthly installment payments shall not extend beyond February lst , 1988 . on which date any i ~ principal and interest remaining unpaid shall be due and patd in tull. t ~ ~ 1 Privilege is g'iven to prepay in full after one year from date of mortgage upon ~ ; the payn~ent of a 18 penalty based on the original amount of the mortgage. ; ~ ~ ~ If the principal sum and interest are paid as in the note agceed and the covenants and agreements herein contaii?ed are fully kept, performed ar?d cornplfed with. then this Mbrtgage ahall be discharged. but if default occua in the making ~ of any payment or as to any agreement, conditlon or covenant in the note or in this Mortgage required aad agered. the 1 ~ unpaid pcincipal sum, interest, and all other indebtedness, the payment of which is secured hereby, shall at the electfon ~ ~ ; ~ State documentary stamps a~xed to the original note and cancelled. ~ ~ ~ ~ ~ PACf L7~J ~ F ~ ~ i~`~ ~ -f,~~;;~ ~W .