HomeMy WebLinkAbout1802 . , , .
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, . ~ ~ MORTGAG.E TO SECURE NO7E ~~0532
~ ~.oa~o~?
~s ~r[onrcNa& maae tms 22nd d.r a ~ugust
.
Idelba Nallace
~ F't. Pferce . ~ ~
to A 7.. rAft Tnr~»atri sae~ Inc~_
bereinathr called liae~aYee:
i~PiZ~L'1'Ii: In ccosideration at tbe peiadpal sum ~et out tn the~pe'omisraa7 aote ot even date ~rewiffi bereiaaltae
de~crLbed. and !br otAer valuab~le coadderatlons. the Yart~a~s do bersb7 Qaat, bar~aia. ae11. alim. :'emise, rdease. a~oo~v~epr ;
i
.m ooner,a nato l~ort~asee. its successoes aaA aast~pns t«~tvr~r. the to~lawin~c aescrmea p~, dwate St. Lucie
Coun~. F'lori~da:
Lot 12, 81ock B, of Riverview j?4anor, as recorded in Plat
Book 9, page 69, of the Public Records of St. Lucie ~
County, Florida ~
- - - - . RECEIYED f~' ` IN PAYMQtTO*TAXl.'S
w ~ i F! i t t= L t.~ i-2 i~.1;
a auE ox cu~s ~ ~tR~Nasue ~n~. paor~ct~t•
c~ DOCUMEyTAp~ STAh~P TAX Puesunr~TTOCH~~e~=4.~~~~~~•
~ z _ ==,~s:'-:„ _ ROG "R POtTRAS, d~~k C~r+adt Cowt
~ _ SE?i?'68 2~~~ _ A ent far CURT{5 M. ~AMCS
o _ - ~~';:i, os g .
~ V COMPTR~LLER ~~~^~sT ~ ~ O O - st. T~ ~
PR,l4~~33 -+..'~O-v~ -
. i; ~ Br or~mr
TOGETHER WPPH all and stn~ular. t6e teaeanmts. hereditamenta and appurtenances theseunb belaogin~ or in a~vlse
appertaining and tbe rents. issues aad proHta tha+eal~ and alao all bu~diosa. structures aad other impe~oveinents naw a~ heze-
afta situate tE~ereon.
TO BAVE AND 1~0 HOLD in fee simple the abave granted and descrlbed premisea unto ~ort~aBee. tta successoc~ ~ad
ass4t~s fon.wet. The Mortgagors hereby covenant with Mort~agee tbat they are indeteasiWy aei~ed at said land ia he simP1~: ~at
tbe Mo~rt~a~ors have full power and lawtul rlght to conve,y the same in fee simple as aMresaid: that it shall be laovtol fac M~or~
BaBee. its succeasors and asai8ns. at all tlmes peaceab~y and quietly to cnter upan. 6odd. occuPy a~ a~o~r said laod and eveq? ~
pert th~rto[: tl~at said land is hee irom all eacumbrances: tbat the Mortgagors ~vill malice such l~u~er assurances to pertect
the fee atmple tftle to said land ia MortgaSee. its auccessors and assi~os. as ma~r reasonab~ be required; and tdat the Mart-
8a8o~s tio hereby ful~y wartant ttre fitle to safd land and everY Part t6ereoi aad vvill defend the same agaiatt the lawtul cLims
of all peraons whomsoever.
PROVIDED ALWAYS. that ii the Mort~Iagors sball: (1) poy unto ~ortga~ee that cectain W'omissorY n~te~ ezecuted by them
~~~w, be1,,e~~, ip ~~~One thousand nine hundred twenty nine and 60/1
,:1, 929 • 60 1. sata sum be~ ~ayawe ~n montbty ~nataumeats ot ~ 3 2• 1.6 eacb, tbe ~rst installment due on
~p 1 s t aA~ ~t 0 e t o b e r , 1~ 8.ana an additi~onal instaument to be paw on the 1 s t a.o
of each succeeding moatt? thereafte~r (az on the last day of aay aucceeding moat6 ahich has ao such day) uatil said s~m Las been
paid in fuQ ezcept the Snal inst~llment shall be the balance due and (a) perto~n all the covenants and conditions ot aaid p~om-
issor~ note and aqY renewal. e:teosion or modiScation t6ereof. and of tbis mortgage. th~ this mortgage deed and t6e estate '
created hereby shaII cease and be n~ll and void. `
The Mo~tgagots further covenant and agree to aad with Mortgagee: ~
1. To pay psompUy the principal and otber sums of money payable by vIrtue of said promissory note a~ oi tl~is martQage.
2. To pay all tLe tazes. assessmenta and encumbrances ot every nature ~w on said described proper~y. or that hereatter
maY be levied o~ asse,gsed thereupon. when due and payable before they become delinqueut. and before any interest attaches or
anY D~~b~ is inCUrred and promptly furdsh Mortgagee with proot o! paymeat tberefor.
3. To P1ace and continuoualy keep. on tbe buildings now oz hereafter situate m said land. Bre and ~tended coverage in-
surance in sn amwu?t o! not less than the amount arhich may irom time to time be specified by t2~e Mortgagee~ ia such iasur-
ance campaqy as may be approved by Mortgagee: Prnvided, however. tbat it Mortgagee shall a! anY tfine be obligate8 to maia-
taia Sre snd ezteaded coverage inswance oa said buildings. the MortBaBors shari be excused irom pertormance d tbis obli-
eatian to the estent of aay auch duplicate coverage. All insnrance po~icies ot ffie Mostgagors -shall coatain t6e usual atandard
mortgagee clauae making the loas nnder said policies payable to Mortgagee as its iaterest m~? appear: and every such policy
and all renewals t6eteoi ahall be promPtlY delivered to and held by MottBa~ee. toSemer ~vith a receipR for tbe premium
thereon. Mortgagee shall have tbe rigbt to ad3ust with tLe fas~rer any laas under aq~ such Pdicy. and any such a~ustmeat
shall be c~clusive on the Mort~agors. Mortgagee shall have ffie rigbt to receive and collect all procceds Paid on aay claim under ~
any such PolicY, to endorse ffie Mortgagors' namea to any cbeck or other instrument ~ payment, and to ap~y sud~ pcoceeds •
in patment et aqjr, amount due uider this mortgage and the note aecured hereby and aa0~ e:penses incurred b~? ]~artgagee in
P~~S anP claim under suy such polic~. Mortgagee shari pay to tbe Mortga~a~a t6e balance o[ We pcoceeds~ if a~. re-
mainin6 atter t6e af~esaid deduMions. Nothing contained Lesein shali impair oc abrogate tbe rig6t ot tbe Mortgago:s to pt+o-
cure insurance form an agent or company of th~r own seIectioa as pravided in t6e insurance laws oi tbe state ai F1~orfda.
To PaY all and ainBular the costs. charges and ~cpenses. including reasonaWe attorneys fees H referred for collecti~on to
an atto~ney not a salaried employee oi the Mortgagee. and coat ot abstracta at tttte. incurred ar psid at aqy time by Mort~agee
because ot the failure an t6e part ot tbe Martga8~s ~ P~~ tbe conditions and covenanta o[ said promissorp nate and d this
mo~rtgage.
S. To permit, commit or sufter no waste, impairme~t or deterloration u~ said property oc any part thereo~, t,o 1~ee~ and
maintain tt~e same. iacludiag all baiidings now or her~aftei`• sitvate eo sai~d premises. in good cooditioa and r ;
~~'.~a~ P~mP~7
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aooKi73 F~1789 ~:.,..r,,. 3. . o 4
. ~ 3 ~G y
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