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HomeMy WebLinkAbout1516 , ~ • ' ~~~d~ MORTGAGE 1'70354 'IlilS UIORTGAGE Nade This ~ ~L day ot ~u$Uet' , 19 68 . by aad beaveen $I'II68t BZZ@T ~ aad Wanda Eller wife .w: .ot `St' . LuCi@ County, s~.~ or Florida ~ bereiaahet a6erhet oae or moee called the •~t~o~a.a~~'. L~sbecome ;u:ar ~~a~e~~a ~o Sua Te= Cbemicale, Inc . of St . ZuCi@ County, Stace of Florida ,~KiQ=her called the "No~taasee". ;p a~ ~ One tbousand Four bundred Twenty 8IId ZO~ ~ OO ppLLARS (i~ ~ 4ZO . 20 ~ e~ideoced by a proa?issory eate of e~ea dace herewith ip t6e toal A610YDt aet focth abo~e.paysble in 60 ~-^ntWy iasalmeots in the sum of T~@nt'~-Tbree 8IId 67~~~0-----~- i DOLLARS (i ~3' 6? the first paymen~ commeecina on the day at ~~r . 1~ 68 aed continuina on the same day o( eaeh month tl~ereaher uncil fullr paid, coaec6er ~ith la~e eharees oE fi•e (S) cents per =1.00 on each insalment not paid withio ten (10) days ot che due date. M~t not e:eeedina the la~rful ma:imum. and intecest after maturity at the rate o( IOR per ammn. NOr. for aad in considetatioa of che aforesaid iodebtcdness aad to secure che prompt paymeot of the aame. Alo~tts~6oc has busained and sold aad does heeeby araat. buaain, aell and can~ey un~o che said Ma[aaaee. 6is successocs aed assians. t6e follo~rina described lot or parcel of land sitwted in `5t' . ZuCi@ Couoqr. Scsce of Florida, to-wic; I,ot 11, Block A, HARMONY I~IGHTS SUB~IVISIOH, Plat ~ Book 8, Page 24, Public recorda of St. Zucie,County, aX IIti11111iFi! Florida. ~ ~ ~ N Thi s property more c ommonly known as 4500 Evergreen Dr. , ~ n'~J___. Ft. Pierce, Fla. ! : - '~Z~~=~ W~ Including al~ahattels contained ~therein. W ~ ~,8~ ~ ~ o RECEIYED: IN PAYNQITO~t/1XEf ~7 0~ DUE OM CLA.4S Y• INTANGIBLE PE1tSONAL P -Q N - PURSUANT TO CHAPTER 2p72,~~ /?C~S OF 1Q~1~~~ ~O~~IIq1111Wa: ~W!'~6~R~ tYsrtc G~;~ ~ os ~c:~t ft~r CU• TIS M. JMAE$ A~N(1~~ St. tucie Couewr Tox Coq~ 3~~m •ts _ ~ . ~tnr . . j Toaet6er writh all tiahts, members. pri~ileaes, hereditaments, easements aad apputteoances belongioa oc appe~taiaioa. ~ MortRa6or hereby co~eaants and ~rarrants to the Moccaaaee. Lis heits. successors and assians. that be has a fee simple ~ citte to ssid propeny, free ftom all encumbraaces ezcept: ~OTf'r88ge ti0: ~ First Federal Savings and I,oan9 t Fort Pierce, Florida TO HAVE AND TO HOLD all aad singular tbe a[ote6canted and buaained premises uato t6e Nortaaaee fote~er. pto~ided al~rays that if the Mortaagor shali and will pay to the ader of the Mortgagee, according to•its cenor and effect, that certaio p[anissoty note of eveo date here~ri~h aad secuted berebr and any other sums which become owin6 by tl~e Notesaaot to the Mort6asee priot to cancellation hercof. theo this moregage shall cease. terminate and be ~oid. otherwise to remain in full fotce and e(lect. ' ._,?„7~ ~ The !Nottgaaor ag~tes and co~enants to pay all tazes and special assessmencs agaiast the propett~?'an~aatees to pay all tases le~ied under ehe lavs o[ this Seate on tl~e indebtedness secured hereby. Nortaasor furche~ corenants and satres t6at he will ac all timec until ehe release of chis mortaaae keep in force a policy o[ insuraoce on chat pation of che mottaaaed propetty whie6 is insurable coverin6 toss aod damage by fire aad the othet casualties co~eted by ibe usaat eomprehensi~e casualty insurance policy. Such policy shall be rith ao insure~ accepcable w t6e Mortgaaee. in an amouat not less thsn the balance o~rin6 upon the indebtedness secured hereby, seich loss psyable to t6e wona~a«. to the e~ent of )oss, N«ea~a~ shall ~i~e immediate notice by mail to the ~Ion~aRee. wiho ~rill make proof of loss if eot made prompcly br che Iroapaa. and eacA insura~ce caap~ny concerned is hereby authorized and ditected to make payment for sach loss ditectly to the Wottaasee ~ instead of cu the AlortRa6et and Morc6a6or jointly but. in the evenc any payment is made jointlr. Mortaaaot bereby authotizes ~ 111ortsa~tee to e~dorse his mme on any check. drah ar money order as his attutney-in-fact. Upon payment (a loss. the lHwt- saaee may at his sole opcioa apply such proceeds to reduce the bslance of t6e indebtedrxss. ot to rcstote the mottasae p~op- ~ etty !n t6e e~eM of Mo~tsaaot sAall nealect oc refuse to obtain said insurance ot pay any ta:ea whpo due.then the Nonsaaee may at his sole option obtain such insu~ance or pay all sucb ta:es ot both, aad aU sums e:pended thetefot ~te herebysecured by this mottRaae and shsl) be due immediately (tom lllortaaaor tu Mortsaate witl~ interest at the cste of 10'b per snaum Iran the date of pa~~nent by tlfe Mortaaaee uetil paid. The 1lottpaot agees aod co~enants ~hac he ~rill maintsin tlie nart~aaed p~oper~y in 6ood coedieion and na to caomit or to pensit snp~oae else to c~na~it waste. reasonable w~ear and ceu e:cepted. Upon ~be failure of c6e Ab~t~aaor to so maincain ebe .w~essaed propeKr. tht 61o~tsatee msr cause teasonable maintenaace ~rorl~to be per(ormed st the cost ot the Ulottsa~ot. Aar such sws so e:peaded sbalt be due im~edistelr tcom ~fottgsaot with iaceresc at the tate o( 10'Ji per annua? lrom che date e:peoded un~i! paid. % ~~a•aQ ~Kbr ~ests tbe Mortss~te with thie tull po~ret and ambaitr. upoa the bceacb ot anr co~eoaet ut ~rarr~nt t~erea ea~tained. or upao anr del¦~lc ia ~Mt paya~eM of aa~ itut~lAeM pto~ided ie said oae or aar tenewal a e:eensian theteot. ot in tbt ptt(oemaoce of aay ageemeat betein cowaiaed. to declate tAe entire iodebtedness be~ebr secuted iiomedi- ately dYe ud Psrsble. Nitbom noticc to sny per~on, w proceed to Io~ectou t6is iaoctpse ie acconlsnce wich la~s o( this State. Tbis iaetrumeat was prepared by: ~~l~r' :Sandsra . 20 1l'enue C - Fart Pierce, Florida • . ~.~d_ . ..~~--A