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THIS 1?iORTGAGE. made ApY~l 30th , 1868. Dy uW betareen
JOHN D. BORBN auui JA1~T B. BOI~6N, his wife,
ot Qptltlty bf St. LUC3@ . State of Flodda. the "Mortgagor" (whether one or more), ano
J. T. BTSiQ~i~'1' M01~'PGAGB Cq+~ANY ~ INC.
a corponUon ot the State oi Flodde. having its pdncipal ottiee and post offfce addreas at Coral Gables, Florids, the
••Mortgagee."
WITNFSSEPfi: The Mortgagor, for good and ~~aluable conslderation rece[~ed. and alao in consideraUon of the principal
sum named in the note herelnatter deacribed. does hemby mortgage, grant. bargain. sell and convey unto the Mortga~ec.
its successors and assigns, all of the follo~w~ln~ deacrtbed lot or lots„ tract or parceb of land~. induding tMexwlth aad ~s
a part ihereof. the buiIdinga and impmvemenis a~rd att tRe rfBhts. w~ter ~ight~? p~}'~teg~. ket-~.iltAments and agpur=
tenances, now or hereafter in anywiae appertatning or belongi~g thereto. and any part of
any street or alley a~acent. ~ecated or to be vacated, situated in the Co~nty of St. LL1C3@
State ot Florida, to-wit:
Lot 5, B1ock 4 of SOVrB FORT ~T• I.ZICI$.
OrIIT 1, a~ccording to the Plat thereof as
recorded in Pl,at Book 12, at Pages 1& 2
of the Public liecords of St. Tucie County,
Florida.
the °premises" herein. 1'OGE'THER WITH (a) aZl the estate. right, t[tle. interest. homestead. dovver and right ot dower,
separate estate. property. poesesdon, cleim and demand whatsoever. as well in law as in equity. oi the Mortgagor in and
to the premises and every part and paroel thereoi, and (b) the rents. Lgsues and proflts of the premises. and tc) all fix-
tures„ iurnishings and eqnipment now. or hereafter during the term of tWs Mortgage. bebnging or attached to anq build-
ing on the land. or whlch are installed or placed in or about any such building for use as a part thereoi in oo~unctlon
wtth the use or occupaacy of the buildiag. including under the foregoing (but not limited t0. or by special or general
refecence limiW~g or excluding any other BxWres. farnishin8a or equipment as aforesaW). tl~e followiag: storm vesttbules.
~ doors and windows; window. door and porch screening. swnings. shades and blinds; furnace. stoker. gas and oil and- -
electric burners and heaters. grates. radIstors aad registers. twt water heater and all heating equlpment• motors. fans.
f incineratois. atr conditl~en and ventllators; all lighting ~xturea: waU, folding, roll out or diasppearing beds; ltnoleum;
t ice boxes, rnfrigeraUoa anits and equipment; kitchen cabinets and units; all utility unlt sections; _
~
All such 8xtures„ furniabings and~quipment are and sha11 be deemed to be a permanent accession to the land or buildingF
th~ereon wherein placed or inatNled and a part oi the premises, and real property as between tLe parUes hereto and all
Pardes dalmin8 bY. through or under them. -
TO HAVE AND TO HOLD tbe premises unto the Mortgagee and the successors sud assigns of the Mortgagee for-
e~•er. and the Mortgagor covenants: That he is Lwfully seized oi the premtees in fee simple snd has good right to mort-
gage. sell and oonvey the premises: that the premiaes are iree from all liens or encumbrances whatmoever pxcept and
uNess hereinaiter ~ stated. and the ~dortgagos warrants and will defead the prnmises unto the Mortgagee. its
aucce~sois and asslgns against all claitns and demands whataoever.
i
1'~II3 MOlt1~GAGE I3 GNEN to secure complianoe with and the pertormance of the obligati~s and covenants here-
in of the Mortgagor, and to sec~re the psyment of a promisaory note of even date herewith, the terms oi wliich are tn-
corporated hereln by reterence. evidencing an lndebtedness of the ~tortgagor to the '.?tortgagee in the principal sum oi ,
~ ~N THOUSAI~D and 00/100- - - - - - - - - - - - - - - - - - - DOLLARS (i 10,000.00 ~
bearing lnterat irom date at the rate oi SeVen per centum ( 7 ~r ~
per aonum on tlee unpaid balance. both interest and principal betng payable monthly at the pdndpal oltioe of the Mort-
gagee, or at such other place as the holder oi the note may designate in writing. by monthly inatallmenta in the amount
oi S~SVBNl'Y-SBVSN and 53/100- - - - - - - - - - - - - - - - - ~OLLARS (i 77.53 ' ~
~ each, due and payabk oa the f1Z'St day of each andevery month, commencing ~ne 1~ , 19 68:
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~ except that monthly lnatallment paymenta ahal! not extend beyond MSy lSt . 19 88 , on which date any
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orincipal and lnterest remaining unpaid shall be due and patd tn full.
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Privileqe is qiven to prepny in full after one year from date of aartqaqe upon
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T; the payment of a 1~ penalty bnsed on the original amount of the mortgage.
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~ If the prindpal swn and interest are patd as in the note agreed and the covenants and agreements herein couta[ned
~ are fully kept, performed a~ ca~nplfed with, t6en this Mortgage shall be discharged. but It default occun ln the making
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~ o unpatd prindpal sum. interest, and ali other indebtedness„ the payment-of whlch ia secured hereby. shall at the elecUon ;
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State documentnry ~is affixed to the original note and cancelled. ~
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