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HomeMy WebLinkAbout0510 o N p°- t o~ `~x~s 8T-~4606 ~n ~ z 1M ~A'IN~ ~RppEltt'1• ~ ~ ; ' , D 1~ ~E~ ~0~1. ~ ~ ~ ~11a 1S Of ? ~ ~ pyt~ GtJ?1pCM~~ER* itN~ C~utf n N?~R PpITR1~5^~~ lAMES ~ A ~ ~ ~v.ns ~ 165'722 ~ = ~ ?~qM~ ~ox ~ : S~• ~ ~y,~~~`'`~' ~Y~ ~i~ ~ ~ ~ ~ortgage ~ ~ . TNI3 MORTGAGE. mede l~'Ch 18th . 18 6$ by u?d between , ~ ` I~IaYD 8. ~'Il~l and JUI~E M. ~'IN~ hiS Mife~ i of Qp~tY pg ~~e , State ot Florids. the "Mortgagor" (whether one or more). an8 J. T. 8~' !!Q~ Cp~1NY, INC. a corporation o[ the State of Flodda. havtng ita principal oiiice and poat oBice address at Coral Cables. Flosids. the "Mortgagee." WITNESSETfi: The Mortgagor. for good and raluable consideration recei~ed, and also in oonaideretion oi the prlncipal sum named in the note hernlnafter descrtbed. does hereby raortgage. erant. bargain. sell and con~ey unto the Mortgagee. its succxssors and assigns, all oi the follo~ring described lot or lota. tract or parceL ot land. including thenwlU? aad at a part thereof, the buildings and improvements and all the rlghts. water rlghts. privileges, hereditaments and appur- tenances. now or hereaiter in anywise appertaining or belonging thereto. and eny part oi any street or alley adjacent, cacated or to be vacated. sltuated in the County of St• I~iC19 State of Florida. tawtt: Lot 2, Block 4 of ~OtTrB PO~T 9T. LUCIE, tI~IIT 1, accordinq to t2~s Plat thsreo£ ae recorded in Piat Book 12, at Psges 1~ Z of tbe public kecords of St. Iincie Cou:?ty. Floricla. the "prem~es" herein. Z'OGETHER WITH (a) all the estate. right, tlUe. interest. homestead, dower and right of dower. separate estate. pmperty. pos~ession. clatm and demacW wdataoever. as well in iaw .:s u, equ[ty. ot the Mortgagor in and to the premises and every part and parcel thereoi. and tb> the rents, issues and proSts of the premisea, and (c) all fix- tures„ furnishings and equtpment now. or hereafter during the term of thls Mortgage. belonging or attached to any build- ing on the land. or which are installed or placed tn or about any such building for use as a part thereof In con~unction with the use or occupancy o! the bnilding. including under the foregoing (but not llm[ted t0. or by special or general reference limiting or excluding suy other 8xtures. lurnish[ags or equipment as atoresaid). the foIIowing: storm veatibulea. doorr and windows; window. door and porch screening. awnings, shades and bUnds; furnace. stoker. gas and oil and electr[c burners and heatera. grates. radlatoia and regiatera. hot water heater and all heating equipment; motors. fans~ incinerators. atr conditloners and ventilaton; all llghting iiactures; wall, folding, mll out or disappearing beds; linoleum; ice boxes, refrigeraUon units and equipment; kitchen cabinets and un[ts; all util[ty unit sections; i ; All such Sxturea, furnishinga and equipment are and shall be deemed to be a permanent accessfon to the land or building~ thereon whereln pLced or installed and a part oi the premises, and real property u between the parties hereto and all ` parties claiming by. tbrough or under them. ~ TO HAVE AND TO HOLD t~ premises unW the MortgaBee and the succ~essors and asdgns oi the Mortgagee for- e~~er, and the Mortgagor covenauts: That he Ls lawful~y seised oi the pmmiees in fee s[mple and haa good right to mort- ~ gage, sell and oonvey the premises; that the premiaes are iree irom all llens or encumbrances whatacever pxcept and ~ unless hereinattsr speciscallq stated. end the Mortgagor warranis and will defend the premiaes unto the Mortgagee, its ~ successois and a~ns sgainst all clatms and demands whatsoever. ~ THI3 MORTGAGE I3 GIVEN to secure oompliance with and the pertormance of the obligations and covenants here- in oi the Mortgagor. and to sec~re the payment of a pmmissory note of even dete herewith, the terms oi which are in- ! corporated hernin by referrnce. evldencing an indebtedness of the Mortgagor to the :?iortgagee in the prlndpal sum of BIaVSH TH00.Si1sD aAd 00/100- - - - - - - - - - - - - - - - - - nor..t.axs <i 11t000.00 ~ bearing interest trom date at the rate of per ceatum ( ~Jf~ ? per anmun on tLe unpaid balance. both interest and principnl betng payable monthly at the prlndpal o~ice of the Mort- gagee. or at such other place aa the holder oi the note may designate in wdttng, by monthly installmenta in the amount oi BIG~II'Y'FIVS and 29/100- - - - - - - - - - - - - - - - - - -flOI.LARS (i 85.29 ti ~ each, due and payable on the tir8t dqy of each and e~ ery month, commencing MAy lSt , 19 68 ; ~ except that monthly inatallment payments shall not extead beyond ~~l 1.8t . 19 88 , on vrh[ch date any a pr.acipal and interest rnmaining unpaid shall be due and paid in tull. ~ Brivilege is qivoa to p~epay in full after ons year ~ro~ date og s~rtqaqe upon - the payaent of a ls penalty based on t~ oriqinal aaount of the s~rtqaqe. ~ If the prindpal sum and interest are pa[d as in the note agrned and the covenants and agreements he~ein oontained are fuliy kept, performed and compUed with. then this Mortgage shall be dischar8ed. but if default occuis in.the making ot any payment or as to any agreemen~ conditlon or covenant 1n the note or in this Mortgage required and agreed, the unpafd prindpal sum, interest, and ail other indebtedness. the psyment of which fs secured hereby, shall at We election State documentary stamps affi~ced to the original note and cancelled. ~~i71 ~ 5i0 _ ti- - . ~ i,~ ~ ~ ~