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HomeMy WebLinkAbout1252 ~ S . ti !1~ ~ p P6 v (,\p~ f ts~ N~ . • ~~`.~~J~ 1s~ . ST-4547 A`c~`~E`~~c Ap`Epi~1 ~ ,-Pv~ u"rt C ~ a''~`N,, ~ z~ A ~ {d~ ~ ~ ~ G~ S~, ~ 9~ ey ~ortgage THIS DIORTGACE, made FebZUaly lst ~ 1968. by and between JESSE W. PEDEN and ROSE PF~EN, his wife, ot I.ucie Gbunty . Slate ot Florida, the "Diortgagor" (whether one or more). ano J. T. STFiWART MORTGAC~ COMPANY, INC. a corporation of the State ot Florida, having [ts prtncipal oNice and post oHice address at Coral Cablea. Florida. the "liorlgagee." WITNESSF.'TH: The Mortgagor. tor good and ~•aluable consideralion recei~ed, and also in consideration oi the principal sum named in the note hereinafter described, dces hereb}• mortgage, orant, bargain. sell and con~ey unto the Mortgagee, its successors and assigns, all of the following described lot or lots. tract or parcels of land. includ[ng therewlth and as a part thereot, tAe buildings and improvements and all the r[ghts. water righta. privileges. hereditements and appur- tenances, now or hereafter in any~~•ise appertaiNng or belonging thereto. and any part of any street or alley adJacent. ~•acated or to be vacated. sltuated in the Couaty oi St. LuCie State of Florida, to-wit: Lot 4, Block 1 of S~H PORT ST. LUCIE, t1AIIT 1, according to the Plat thereof as recorded in Plat Bool: 12, at Pages 1& 2 of the Public Itecords ot St. Lucie County, Florida. the "premises" herein. TOGETHER WITH (a) all the estate, right, title, interest, homestead. dower and right of dov?er, separate estate, property, possession, daim and demand whatscever. as well in law as in equtty, of the Mortgagor in and to the premises and every part and parcel thereof~ and (b) tt~e renf,s, issues and pmSts ot the premises, and (c) all fix- tures, furnishings and equipment now. or hereafter during the term oi thLs 1?fortgage. belonging or attached to any build- ing on the land. or which are installed or placed in or about any such building for use as a part thereof in conjunction with the use or occupancy oi the building, including under the foregoing (but not limited to, or by special or general reference limiting or excluding any other Sxtures. furnishings or equtpment as aforesaid), the foUow[ng: storm vestibules. doors and windows; window. door and porch screening. awnings, shades and blInds; furnace. stoker. gas and oil and electdc burners and heaters, grates, radiators and registers. hot water heater and all heating rqWpment; motors, fan~, incinerators, sir conditioners and ventilators; all l~ghting fixtures; wall. folding, roll out or disappearing beds; linoleum: ice boxes, refrigeration units and equipment; kitchen cabinets and un[ts; all util[tyr unit sections; All such Sxtures, Lurnishings and equipment are and shall be deemed to be a permanent accession to the land or buildingf ; thereon wherein placed or instailed and a part oi the premises, and rnal properiy as between the parties hereto and all partles claiming by. through or under them. ~ TO HAVE AND TO HOLD the premises unto the Mortgagee and the successors and assigns of the Mortgagee for- ! e~•er, and the biortgagor covenants: That he is lawtully seized of the premises in fee simple and has good right to mort- f gage, seU and convey the premises• that the premises are iree from all liens or encumbrances whatsoever Pxcept and , unless hereinafter spedflcally stated. and the Mortgagor warrants and will defend the premises unto the Mortgagee, its f successors and assigns against all claims and demands whatsoe~•er. ~ TI~IIS MORTGAGE IS GIVEN to 9ecure compliance with and the performance of the obligations and rnvenants here- in of the Mortgagor~ and to secure the payment of a promissory note ot even date herewith, the terms of which are in- ~ corporated herein by reference. eridencing an indebtedness of the ~Sortgagor to the '~torigagee in the principal sum of ; EI~'VEN THOUSAAD and 00/100- - - - - - - - - - - - - - - - - - -DOLLpRSCi 11 000.00 ? ~ bearing interest from date at the rate of seven per centum ( ~1 'Xr ? € per annum on the unpaid balance. both interest and principal being payable monthly at the principal o8ice ot the Mort- ~ gagee, or at such other place as the holder of the note may designate in writing, by monthly instaUments in the amount E ~ o~ EIGHPYFIVEand29/100-------------------DpLi,pgg(i 55.29 ~ i each~ due and payable on the fiY'st ~y of each ande~ery month, commencing t3arCh 1St , 19 6S ; ; ; except that monthly installment payments shall not extend beyond February lst ~ 19 88 . on which date any x s principal and interest remaining unpaid shall be due and paid in full. f - = Privilege is given to prepay in full after one year from date of mortgage. ~ ~ ~ 4 If the principal sum and interest are paid as in the note agreed snd the rnvenants and agreements herein contained s are fully kept, pertormed and complied with. then this Mbrtgage shall be dlscharged, but it default occurs in the making ot any payment or as to eny agreement, oondition or covenant in the note or in this biortgage required and agceed, the = unpatd princlpal sum, interest, and atl other indebtedness, the payment of which ia secured hereby, shall at the electlon s ~ State documentary stamps affixed to the original note and cancelled. ~ BOOK O PACE~~4~ ~ ~ ...~'y,g,?~: b s s~ ~ -:~xy,~ - ~M ,:eR:s : r:;_s '.t<.,.::_.,'::'' , ~ s .