HomeMy WebLinkAbout2743 ~M ~P . SP-4734
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THIS biORTGAGE. made J1if1O Z7th . 19 6Q by and between
BRIC lt. ~BS138 and BLIYa~TH M. ~H9TER, his ~?ife,
ot COUtit11 O~ SC. I~iC~A . State ot Florida. the "Mortgagor" (whether oae or more). ano
J. T. M0~'GA(~ CplpANY~ It~.
a corporaUon ot the State of Florida, haviag its pdncipal oHice and post oHtce address at Coral Gables, Florida~ the
":~iorigagee."
WITNESSETH: The Mortgagor, for good and ~•aluable consideration recei~ed. and also in wnsideraUon ot the principa]
sum named fa the note hereinafter described. does hereby mortgage. grant, bargain. seII end convey unto the Mortgagee.
its successors and assigns. all of the follo~wing descdbed lot or lots. tract or parcels of land. ipcludiag therewith and at ~
a part thereoi. the buildinga and lmprovements and all the rights. water rlghts. privileges. hereditaments and appur-
tenances. now or beresiter in anywise appertaintng or belonging thereto. and any part of .
any street or alley ad,~aceat. ~acated or to be vacated, aituated in the County oi St• I~lC3A
State of FloHda. to-wtt: ~
Lot 3, Block 4 of SOI~B pOla 8r. LUCIS,
Ot~IIT 1, accordinq to the Plat tl~sreof as
recorded in Plat Book lZ , at Peiqea 1& 2
of the public Aacords of St. Lucie Oouaty.
Florida.
the "premises" her~in. Z~OG~.'THEB. WITH (a) all the estate. r[ght, tttle. interest, homestead. dawer aad right of dow er,
separate estate, property. poa+sesaton~ claim and demand w!?atscever. as well in law aa in equity, of the Mortgagor in and
to the premises and every part and parcel thereoi. and (b) the rents. Lssues and proSts of the premises, and (c) all fix-
tures. furnLthings and equipment now. or hereafter during the ternn ot thls Mortgage. belonging or attached to any build-
ing on the land~ or which are installed or placed la or about any such building for use as a part thereof in conjunction
with the use or occupancy of tAe buUding. includtng under the foregoing (but not limited to, or by special or general l
reference limiting or excluding aay other Sxtures. furnW~inSs or equipment as atoresaid), the following: atorm vestibules, ~
doors and windowa; window. door and porch screening. swnings, shades and blinds; furnace. stoker. gas and oil and
electric burners and heatera, grates, radiatora and registera. hot water heater and all heating equipment• motors. fans.
; incinerators. atr rnnditioners and ventilators: all lighting tixtures; wall, folding. roll out or disappearing beds; linoleum;
F ice boxes, retrtgeration units and equipment; kitchen cabtnets and units; all utillty unit sectlons;
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! All such Sxturea, furnishings and equipment are ar?d shall be deemed to be a permanent accession to the land or buildings
! thenwn whereln placed or inatalled and a part oi the premises, and real pzoperty as between the parties hereto and all
`t Parties clalmin8 bR through or under them.
:
TO HAVE AND TO IiOLD the premises unto the Mortgagee and the succesaors and asstgns o[ the Mortgagee for-
e~~er, and the Mortgagor covenants: That he 1s lawtuUy seised oi the premises in fee simple and has good zight to most-
gage, sell and oonvey the premiaes; that the prem[sea are free from all liens or encumbrances what~ocver pxcept and
unless hereinatter tpedIIcelly stated, and the Mortgagor warrants and wlll defend the premises unto the Mortgagee, its ~
successozs and assigns against all ~laims and demands whatsoever.
Y
THIS MORTGAGE I3 GIVEN to secure oompUance with and the pertormance of the obligations and covenants here- ~
in of the Mortgagor. and to ~re the payment of a promisaory note of even date herewith, the terms of which are in-
corporated heretn by reference. evidencing an indebtedness of the ~iortgagor to the '.Mortgagee in the principal sum oi g
1
8I8VBN T~Ot~D a2~d 00~100- - - - - - - - - - - - - - - - ~ - DOLLARS 11~000.00 1
bearing interest irom date at the rate oi ~~n per centum ( 7 ~Xr )
per annum on the unpaid balance. both interest and principal being payable monthly at the pr[ncipal offlce ot the Mort- ~
gagee. or at such other place as the holder of the note may designate in writ[ng, by monthly ir~stallments In the amount
oE BIGI~'YirIVB and 29/100- - - - - - - - - - - - - - - - - - - DOLLAR3 (i '85.29 ~
each, due and payable on the f~~ day oi each and e~•ery month, rnmmencing ~ttg118t l~t , I~J 68 ;
except that monthly inatallment paymenta shall not extend beyond Jtlly lSt , 1988 . on which date any ~
r~ Q ~
~ Q o principal and interest remaining unpaid shall be due and paid in full. ~
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~ i~ Privil,eqe is giv~en to p~epay in full after one year fro~ date of ~ortgage upon ~
the pnyment of a ls penalty boised on t}~e original aaaunt of the mortgage.
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r` r It the prIncipal sum and interest are paid as in the note agreed and the covenants and agreements herein contained ~
o are fully kept, pedormed and complled with, then this Mortgage shall be discharged, but if default occurs in the malcing .
oi any payment or as to eny agreement, conditioa or covenant in the note or in this Mortgage required and agrecd, the
= ~ unpald principai sum, interest, and all other indebtedness, the payment of which is secwred hereby, shall at the elecdon
1-~ State documentary stamps aftixed to the oriqinal note and cancelled.
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