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~ a THIS 1?tORTGAGE. made Mix'Ch 15 , 1968. by aad between
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° ERRl,ID B. IRLSON and 1~1RY E. ItiLS~l, his Mife,
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n ot Couaty of St. Lucie , State of Flor(da. the "Mortgagor" (whether one or more). en6
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a corpocatfon oi the State ot Florida. having its pr(ncipal ottice and post oHice address at Coral Gablea. Florids, the
°riortgagee."
WITNESSETH: The Mortgngor. for good and ~•aluable rnns[deratton recei~ed, and also in consideration of the principa]
sum named tn the note hereinaiter described, dces hereby mortgagc. grant, bargain, sell and con~ey unto the Moctgagee,
its successors and assigns. all ot the follawing descdbed lot or lots. tract or parcels of land. including therewlth and as
a part thereo[, the buildings and improvements and all the rights. water righta. privileges. hereditaments and appur-
tenancea, now or hemafter in anyn~ ise appertatning or belongtng the*eto. and any part oi ~
any street or alley adJacent, ~•acated or to be vacated. sttuated in the County of St. LA1C~A
State of Florida. tawit:
Lat 16, H1ock 2 of SO[TPH PO~iT 8T. LvCiB,
UNiT 1, acoordinq to the Plat thereof as
recorded in Plat 8001~ 12. at P~tqes 1& 2
of the Public Aecords of St. Lucie Oounty,
Florida.
the "premises" herein. TOGETHER WITH (a) all the estate. right. title. internst, homestead. dower and right o[ dower,
separate estate, property, po~on. claim and demand whatscever. as well in law as in equtty, oi the Mortgagor in and
to the premises and every part and parcel thereoi. and (b) the renfs. issues and pmflts of the premises, and (c1 all rx-
tures. f~irn~!~gs and equipment now. or hereaftcr during the term oi this Mortgage. belongiag 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 thereoi In rnniunction
with the use or occnpancy oi the building, including under the Loregoing (but not limited t0. or by special or general
reference liiniting or excluding any other 8xtures„ furniahings or equipment as sioresaid). the following: storm vestibules.
doors and windows; wlndow. door and porctt screening. awnings. shades and blinds; turnace~ stoker. gas and oil and
electric burners and heaters. grates, radIatois and registers, hot water heater and all heating equipment• motors, fan~,
incineratois, sir conditloners and ventilators; all lighting fixturea; wall, folding. mA out or disappearii?g beds; linoleum;
ice boxes, refrigeraUon units and equipment; kitchen cabinets and units; t~li utility unit sections;
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I All such Sxturea, 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 oi the premises, and real property as between the partlea hereto and all
parties claiming by. Wrough or under them.
q TO HA~1E AND TO HOLD the premises unto the Mortgagee and the successora and assigna of the Mortgagee for-
F e~ er. and the Mortgagor cover~wts: That he is lawfully seiaed ot the premises in fee simple and has good rlght W mort-
gage, sell and convey the premLses; that the premises are iree imm all llens or encumbrances whataoever Pxcept and
unless hereinafter spedScally stated, and the Mortgagor warrants and will detend the premises unto the Mortgagee. Its
succFSaors and asslgns aga[nst a11 clalms and demands whatsoever.
~ THIS MOItTGAGE LS GIVEN to aecure compliance with and the periormance of the obligatioxs and co~enants here-
in oi the Mortgagor. and to secure the payment of a proinissory note of even dete herewith, the ternu oi which are [n-
corporated herein by reterence. evidencing an indebtedness of the 1lortgagor to the '.Viortgagee in the prindpal sum oi
FOU~N TSOUS~lrD S@VSN Ht~Dli~ and 00/100- DoLi.p,RS ci 14,700.00 i
bearing intereat imm date at the rate o! 8@Veri per centum ( ~Xr ?
per annum on the unpaid balance. both tnterest and principal being payable monthly at the prtncipal offlce of the Mort-
gagee. or at such other place as the holder of the note may designate in writing, by monthly installments in the amount
oi OI~ HITt~DI~ TffiIa'88N atld 98/100- - - - - - - - - - - " - - DOI I.AR3 (i 113.98 ti
each, due and payable on the g~~ day oi each and e~ ery month, commencing May 18t , 19 68 :
except that monthly installment payments shall not extend beyond Apr~l 18t , 1988 . on wh[ch date any
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~ principal and interest remaining unpaid shall be due and paid in full.
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~ Privilege is qiven to prepay in full after one y~ear froo date of aortqage upon
~ tt~e payment of a 1~ penalty bssad on the original a~ount of tbe aortqaqe.
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It the principal sum and interest are pald as in the note agreed and the covenants and agreements herein cotttalned
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~ are tully kept, pertormed and complied with, then this Mortgage shell be dtscharged, but if default occurs in the making
of any payment or as to any agrnement, oondition or covenant In the note or [n thls Mortgage requlred and agreed. the
unpa[d principal sum, interest, and all other lndebtedness. the payment of whtch ia secured hereby, shall at the elecUon
State documentaxy stamps affix~ed to the original note and cancelled.
~ BOOKi71 ~E 46
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