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HomeMy WebLinkAbout0505 ~ ~ ~~~MEN ~apPEa~ ' ` 1 ' 8T"460Z ~ ~ fE~f ~9A~. a Ka~e ts G ,N`A ~s~ 1~ v ~ ~;M~ N~~~~S ~ 165'720 D ~~~a P~''`""~a~ ~ ~1 ~ ~ Q, ~ ~ ~1/ t°~ ~ - ~ ~~r. ~~Z g~~ : ~ ~ ~Cortgage r~ r~, ~ c. j~ THIS DiORTGAGE. mede ~~h ~ , 19 ~Q by and bctween = J~iB E. RABIaR aad 1~'ID1 11. ~B~R• his Mi~e ~ ~ ~ ot ~(~p{~pty Of St. IAiC~ . State of Flodda. the "Mortgagor" (whether one or more). and 0 ~ ~ m J. T. 8T~11iiC~ MO~A'PGM~ Cqt1~1~1Y. I~. ° O< a corponUon oi the State of Florida. havia~ its prindpsl otCice and post ogice address at Coral Gablea. Florids. the o A "Diortgagce.•• r p ~ WiTNESSETM: The Mortgagor. for good and ~aluable constderation recel~ed, and alao in conaiderstion oi the principal sum named in the note herninafter descdbed, doea hereby mortgage. grant. bargain. aeA aad convey unto the Mortgagee, its succeasors and assigns, all of the following descdbed lot or lota. tract or parcels of land. includta8 therewith and a~ a part thereot. the buildings and improvements and all the dSRts. wnter rights. pdvileges. hereditsments and aggar- tenances, now or hereafter in enynalse appertalNng or belonging thereto, and e~ny part oi . any street or alley adjacent. ~-acated or to be vsceted. situated In the County of 8t• I~1C~A State of Florida, to-wit: Lot 17 ~ 81oak 2 Of SOtT~H POd~T Sr. Lt~CIB • WIIT 1, acao~sMi~q Co the P1at thereot as recorded in Plet Book ].Z, at Aaqss 1~ Z o~ tha A~blic Hecwrds o! 8t. Lncie Countp. l~lorida. the "premises" herein. TOG~'TFIF.R WITH (a) all the estate, right. title, interest, homestead, dower aad right of dower, separate estate, property, pomsession, claim and demand whatscever. as well in law as in equity. oi the Mortgagor in and to the premises at?d every part and parcel thereol. and (b) the rents, issues and pro8ts ot the premises, and (c) all fix- tures. furnLs~ings and equipment now. or hereafter dusing the term of this Mortgage. belonging or attached to any build- ing on the land, or which arP installed or pLced in or about any such building for use as a part thereoi in cQn,function with the use or occupancy oi the building, indud[ng under the foregoing (but not limlted t0. or by spectal or general reference limlting or excluding any other Sxtures. turnishings or equipment as aforesaid). the following: storm vestibules. doors and windows; windovn. door and porch ~creening, awnings, shades and bllnds; furnace. stoker. gas and oil and electr[c burnera and heaters. grates, radiators sad registera, hot water heater and all heating equipment• motors. fans, incinerators. air condltioners and venWators; sll llghting fixturea; wall. folding, mA out or disappearing bedc; linoleum; ; ice boxes. refrigeration unlts and equipment; kitchen cabinets and units; all utility unit sections; I All such 8xtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buildin~ thereon wherein placed or installed and a part oi the premises, and real property as between the parties hereto and nll parties claiming by. through or under them. ~ TO HAVE AND TO HOLD the premfses unto the MortgaBee and the successon and assigns oi the Mortgegee for- ~ e~ er. and the Mortgagor covenai?ts: That he 1s lawfully se'~zed of the premises in fee aimple and has good tight to mort- gage, sell and convey the premises; that the premises are free irom all Hens or encumbrances whatscever ~ccept and unless hereinaiter speci8cally stated. and the Mortgagor warrants and wiU defend the premises unW the Mortgagee. ita succes~on and assigns against all claims and demands whatacever. TfIIS MOftZGAGE IS GNEN to secure oompliance with and the performance of the obBgations and coveaaab here- in of the Mortgagor, aad to secure the payment of a promissory note of even date herewith, the terms oi whtch are in- corporated hereia by reference, e~~idencing an Indebtedness of the :~iortgagor to the :Kortgagee in the principal sum oi FO~~i T90tJSi?1~D ~VEN HUeD~ and 00/100- - - - - - - - - - po~~ts <i 14,700.00 > bearing intereat irom date at the rate oi per centum ( 7 Srr 1 ~ per annum on the unpaid balance. both interest and principal befng payable monthly at tAe prlncipel o~ce of We Mort- gagee. or at such other place aa the holder of the note may designate in writing, by monthly 1~stallments in the amount ot OIS HOI~DIiBD T~R1'E6D1 a~d 98/100- - - - - - - - - - - - - - DOLLAR3 ci 113.98 ~ each, due and payable on the ~irSt day of each and every month, commencing !!dy l~t . 1968 ; except that monthly inatallment payments shall not extend beyond ~~l lSt , 19 88. on which date any ~ t ~ p pal and interest remaining unpaid shall be due and paid in full. ( ~ rinci ~ Ptivileqe is qiven to p~repay in full attar one year ~rc~ date of so~tqage upon the ~ payaient of a li penalty based on the oriqinal aa~uat ot tLe mprtqage• ~ ~ If the prIncipal sum and interest are paid as ta the note agreed and the covenants and agreements herein contatned ~ are fully kept, periormed and complied with, then this Mortgage ahall be discharged. but it default occurs in the making of any payment or as to any agreement, oonditlon or covenant In the note or in this Mortgage required and agreed, the ~ unpafd principal sum, interest, and all other fndebtedneas, the payment ot which 4 secured hereby, shall at the etecUon ~ Stste docw¦entary staa~ps affiuoed to the oriqinal note and caneelled. ~ ~ s~K 171 P~~ 5G5 . ~ _ , - _ . _ - _ ~ ,Y: ~ 3~ _ - ~ ' sr.v