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Home My WebLink About2890 MORTGAG E 16`~'~50 771tS MORTGAGE Alade Th;s ~ day o( ~'T_~ y . 19 G~ by and betkeen W111 i~m E. R0~1"$ _ and t~ubx b Roaers Nife , bis , or St. ~-uC~e County. Scate ot Florida ~ herei~atte~ ~rhetl~et one or more eailed the "NoKaaaot". hasE-~ome ;~s~~y ~o Exterior Designers, Inc. o~ ~ran~e County~ State o( Florida ~ heteinaftet called t6e "Mortaaaee". S~„, ~ Thirty-nine hundred sixtjr-nine and 84/100- ~~L~RS ci 969'~ ~ e~idenced by A promiscory note o[ ~~en date herewith in the total amounc set to~th abo~e. payabie in ~ monthly instalments in the sum of FOUY'~~-seven and 26/100- T' DOLURS 47•26 ).th~ (itst payment commencina on the~day ci L~ . ~9~, and coatinuina on tAe same.day ot each month ehereaher uetil fully paid. coaecAer .vi~h la~e chargec of fi~e (S) eents pes Z1.00 on each instalment not paid ~rithi~ ten (10) days of the due date. but not e=ceedina the la~vful ma:imum, and interest after macuticy at the [ate o( 10y. per annum. NOi. fat and in con~idention of the aforesaid indebtedness and to secu~e the prompt payment of the same, n~aaaa has bugained and sold and does hereby grant. bar6sin, sell and con~ty u~to the said Mottaaate, his suttessors aod ~ssi~s. the follo~rioa described lot ot parcel of land situated in St. ~-UCie Couacy, State of Florida. to•~rit: Lot 5, Block 13, of Ft. P~erce Heights Subdivision, as per plat on file in Plnt Book 1, page 39, Public Records of St. Luc1e County, Florida. ~ . ~ ~ ` This nroperty moPe co~monly known as 408 I~. 24th. St. ~ I~'t. Pa.erce, Fla. ~ ~ ~ i ~ Including aIl chattels contained therein. ~ ~ n ~ ~ 0. s .._a ~'ry. W ' ~ a~1A~ ~~FhLVT"'llVf~ ~ =~y ~ DOCUMENT p,~ s ~ aMi ~ 3 ~ = n~rar~a = »3 ~ ~ # o = ~ ~600= ~ _ ~ V ~WTROLLER 3 . ~ ~ ~ ~ ~ ~.l90133 W g . , ~ a ~ s I . . ~ Toaether with all tights~ membets, pti~ileaes, hcreditaments. easements and appurtenances b~IOtfaina o[ apptRainina. Morcgaaor heteby covenants and wanants tu the.Martaaaee. 6is heirs, successors and assians, that he has a[ee simple ; title to said ptopetty, free from all encumbrances ezcept: ~ First Federal Savings and loan Association of Fort Pierce ~ Dated 3/25/68 Filed 3/26/68 S 5,000.00 OR Book 171 page 246 y TO HAVE ANU TO t10LD all and singulat the afotegtanted and batgaiped ptemises unto t6e Mortaaaee fote~er, pto~ided ~ always that i( the Mortgagor shall and will pay to the ordet of the Moctgagee, according to-its tenoc and effect. that cenain ~ ptomissory note of e~en date herewitfi and secuted hereby and any other sums wrhich become owina by the Mortgagor tu the Mottgagee prioc to cancellation hereof~ then this mortgage shall cease. terminate aod be •oid. othenrise to remain in tull fotce and e(fect. - The ~foccRagor agrees a~ui cove~ants to pay all taxes anJ special assessments against the propeccy and agrees co pay ~ all ta:es le~ied under the laws of this Scate on the indebtednecs secuted heteby. Mottaaaor further covenants and agrees that ~ he will at all cimes m~il the release of this matgagt keep in (orce a policy of insutance oo that pottion of the mortgaged property whicb is insurable covering loss aad damage by fire and the othet casualties cooeted by the ~swl compreheosive casualtp insurance policy. Juch policy shall be with an insurer acceptable to the Mortgagee~ in an amount not less than the ~ balance uwing upon the indebtedness secured heteby. with loss payable tu the Mottgagee. ln the event of loss. Mottgagot i ~ shall give immediate ootice by mail to the ~1ortRaRee. who wi11 make ptoof of loss if not madr ptomptly by the l?lortgagor. and ~ ~ each insurance compaay concemed is hereby authorize~l and directed tu make payment for such loss directly to the Mottgagee ~ instead of tu the ~1ortRagee and ~tortgagor jointly dut. in the event any payment is made juintly. Mortgagw heteby authorizes ~ Mortgagce to en:lorse his namc on any check, dtaft or money otder as his attumey-in-fact. Upon payment (or loss. the Morc- gaaee may at his sole option apply such ptoceeds tu redace the balance of the indebtedness, or to testote the mortga6e ptop- ~ etcy, ln the event Moregagor shall neglect oc refuse to obtain said insurance or pay any taxes wh~n due,then the Afactgaaee ~ may at his sole option obtain such insutante oc pay all such ta:es oc botb. and all sums e:pended thetefot ate !?erebysecuced ~ ~ b~• this mortRage and shatl be due immediately (rom ~lortgagot tu Mottaaate writh intetest at the rate of 1Q~L per annum hom ~ ~he date of paymen~ by the \lortgagee until paid. ~ TF?e ~foctgagor agrees and co~enaots that he arill maintain the mortgaged propeny in aood condition and not to commic or ~ to peanit anyone else co cammit waste. reasonable wear and teat e:cepted. Upon the failuce of the tilortgaaor tu so ~aintai~ the mottgaged propetcy, the Morcgagee may cause reasonable maintenance wrodc to be performed at ehe cose of che Mongagor„ ~ Any such sum so espended sball be due immediately from Nortgaaor with interest at the tate of 10R per annum irom the Jate ~ expended until paid. ~ The Mottga~ar hereby ~eses che Moreaaaee .rith ~he lvll powrer and authority. upon the breach ot any corenani ur wrarrant herein contained, or upoo any default in the payment o( any instaiment pro~ided in said note or any rene~al or extension ~~'Z thereof~ ot in the perfortnance of any a6reem~eL hetrin contained. to declare the entire indebtedness heteby secuted immecli- ~ ately due and payablc, writhout noticr co any person. to proceed to foreclose this moctgaae in accordaoce with laws ot this. s~,«. Thi s i nstrument prepared by : N-2i (~-6T) , p 'ti~~~ r~~ ~16c - . _ ~ M+ ~ AV@. ~ ~~r~~ 4~ ~ ~7 .5T wE'>,=_~ - - _ _ _ - - - - ~ ~ - . ~ n.