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HomeMy WebLinkAbout2253 ~ . _ _ ~-95G3 , - u - J ~ ^ ~ ~ = ~ 16~~'7' ~ ~ _ % ° ~~tg~ge - y`i ~ THIS b10RTGAGE, made Febrl131'1? 12 , 19 6S, by and between ?~Y ~ ~ rIILTON B. DIC2~RSON and JAP~ E. DICI~RSOtJ, Yiis wife, a t. a of Courity Of St. LUCie , Slate ot Florida, the "riortgagor" (whether one or more). an6 4" J. T. STEWART MORPGAGE COd4PANY, INC. a corporation ot the State ot Florida, having its principal office And post ofitce address at Corai Gables, Florida. the ":~tortgagee." a WITNESSF.'TH: The Mortgagor. for good and ~•aluable consIderation rncei~ed, and also in consideratlon of the pdncipal 7 sum named in the note hereinafter descr3bed, dces hereby mortgage, tirant, bargain. sell and con~ey unto the Mortgagee. its successors and assigns, all ot the following described lot or lots. tract or parceLs of land, including therewith and af # a part thereof, the buildings and improvements and sU the tights. water rights. privileges, heredttaments and appur- tenances, now or hereafter in anyn+ise appertaining or belonging thereto. and any part of any street or alley adjacent, ~-acated or to be vacated. situated in the County oi St. LuCie ~~y,6~ State ot Florida, to-wit: y~Cf ~~N~ Lot 8~ BloCk 5 0~` SOVPH PORT ST. LUCIE ~ ~aQ*~~E ~~y~~ Ui3IT 1, according to the Plat thereof as /a 4~.°`; •_~.t~ recorded in Plat sook 12, at Pa es 1& 2 pa`~e g at. ..c. , of the Public Records of St. Lucie Count ~ c: ~,SE" L`~ Florida. t~N~G~w~~'~~ ti~-~~ ~ ~~~,pap~,~ _ 1,' ~p,S`''~ ~ ~'1~ ~Q ~P~`` c . ` t ( ~ ~ y~, J,~j ~ ~OS o~~ ` 1~{ ~ 1~,,, S~ ~ the "premises" herein. 1~OGE.'THER WITH (a) all the estate, right, title, interest, homestead, dower and right of dovrer, separate estate, property, posse~ion, claim and demand whatscever. as well in law as in equity, ot the Mortgagor in and to the premises and every part and parcel thereof, and (b) the rents. issues and pro8ts of the premises, and (c) all fia- tures. furnishings and equipment now, or hereafter during the term of this biortgage. 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 conjnnction ~vith the use or occupancy of the build[ng, induding under the toregoing (but not limited to, or by special or general reference limit~ng or excluding any other Sxtures furnishings or equipment as aforesaidl, the follow[ng: storm vestibules, doors and windows; window, door and porch screening, awnings, shades and blinds; furnace. stoker. gas and oil and electric burners and heaters. grates, radiators and registers, hot water heater and all heating equtpment• motors. fans, incineratois, air conditioners and ventilators; all lighting fixtures; wall, folding, roll out or disappearing beds; linoleum; i ice boxes, re[rigeration units and equipment; kitchen cabinets and units; all utility unit sectlons; i ~ f All such fixtures. furnishinga and equipment are and shall be deemed to be a permanent accession to the land or Duiidings ~ thereon wherein placed or installed and a part of the premises, and neal pzoperty as between the parties hereto and all ~ parties cla[ming by, through or under them. ~ TO HANE AND TO HOLD the premises unto the Mortgagee and the successors and assigns of the Mortgagee for- e~•er, and the 1?iortgagor covenants: That he is lawtully seized of the premises in tee simple and has good dght to mort- gage. sell and convey the premises• that the premises are free trom all liens or encumbrances whatsoever Pxcept and uNess hereinafter speciScally stated, and the Mortgagor warrants and ~rill defend the premises unto the Mortgagee, its succesao:s and assigns against all claims and demands whatsoever. ~ THIS MORTGAGE IS GIVEN to secure compllance with and the performance of the obligations and co~•enants 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, e~•idencing an indebtedness of the ~tortgagor to the ~fortgagee in the principal sum oi FOUI~EEN THOUSAI~D SEVEN IIUt~D~ and 00/100- noLLaRS ci 14~C 700. 00 ~ bearing interest from date-at ihe rate of SeVen per centum ( / K? per annum on the unpaid balance, both interest and principal being payabie monthly at the principal office oi the Mort- ~ gagee, or at such other place as the holder ot the note may designate in writing ~by monthly installments in the amount ~ or o,~ xura~ Txi~ri ana 9a/~oo- - --voL~.nxs cs ~~3.9a , ~ each, due and payable on the tirSt day of each and e~•ery month, commencing April lst , 19 G$ ; ~ ~ except that monthly installment payments shall not extend beyond March lst , 19 8$ . on which date any ~ ~ principal and interest remaining unpaid shali be due and paid in full. = Privilege is given to prepay ?n full after one year from date of nortgage upon ~i payment of a 1~ penalty based on the original anount of the mortgage. ~ ~ ~ ~ It the principal sum and interest are paid as in the note agreed and the co~•enants and agreements herein contained ~ are futly kept, pertormed and complied with, then this Mortgage shall be discharged, but i[ deisult occuis in the making ~ of any payment or as to any agreement, rnndition or covenant in the note or in this Mortgage required and agreed, the - unpaid principal sum, interest, and all other indebtedness, the payment of which is secured hereby, shall at the electfon w~ _ State documentary stamps aifi;;ed to the original note ar.d cancelled. ; ~ ~ry : ~ aooK~ /O PAGE~~46 - . ~ , ~ b~~ ~.g - ~ . ~