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HomeMy WebLinkAbout2294 _ ~2~'s__ . _ _ _ _ _ ~ M O R T G A C3 E ;1,~8???1 'INIS ?pRTGAGE Made This 22 d,r o~ ~~et - . ,19 68 . ~ by and bec~reeo CBt~]eI'3J19 `wiagfield, 8 A~II$.19 Sd1l~t'i ~pd - .Ws ,oi St . I+LiC~9 C~Mr~ aE Florida ~~enit~aher .6etbet oae ot aa~e e~lled cbe "l~loecpso~~~. Lasbecome i„:c~r ~„d~~~ co - Sua TeZ ChemiC8ls, Irio. ot `St . ZuCie County. State o( Florida ~~K~~het callcd the "Nottsa~ee", - ;Q S~„ ~''ive TbouBand Four Hundred Ninety and 24/100-~pLLARS tf S:4~O.24 ~ e~idenced by a ptaaissory note of e~en daa bece~rith in tl~e toal an?oyat set f~tl~ > - :bi~ ;0 84 - 33.=ty-Five and- ~6~100----=---- . WY ~oot~ir ins~ala~eats in thc swn oi 65.36 ~ DOLLARS the first payment coa~menciaa on the 5 d,y ~ ~CtiObBl` ~ I9 6g aad co~ianina on the same day of each mw~ch theceahet uneil fnlir paid. ~oseeher «ich lace chareeu ot fi~e (S) ceots pet =1,00 0o each iastalmeat aot psid ~rithin tea (10) d~ys oE the due date. but not e:teediaa cbe lawfd ma:imuo?, aad iaceceac ~fter maauicy ac che nce o( 107G pec aoaum. NO~f. for aad in considentioa oE the sforesaid iodebtedaeas aad co secuce che prompt paponent oE the same, l~lo~s6asac has buaaieed and sold aad does.hereby gaat. barsaia, sell aad eon~ey unto the said Nortaaaee, 6is suecessacs ~ad assisas, the Eolloniaa desetibed lot or pucel of laad sitwted ia St' . ZuCie Couatp.. Suce of Flocida. ~o-wic: I~ot 8, Bloek 1, EMAI~TCIPITI4N PARK, ae per plat tbereo~ on file ia Plat Sook 1 page 38, public recorda of St. Zucie County, Florida. This property more comm~only known as 429 N. 25th. St.~, Ft. Pierce, Fla. ~ Including allchattels contained therein. , , i j; , j 9 ~ 3~ • . . . . . . . ~E~~ i O~ " ~ IN RAYMENTORT11~ES~} - ~ DUE OM CL19S'C• INTAMGBLE PERSONAL PROP~lCjY~` ' w ;~j t-- ~ U F-~ i U A ` TttM.stfAltT-TOCHRfR=RZO?4i: RCTgpf ~~1~ v~"' DOCUMENTA~' s.STAMP TA ROG:.R P~'S1TR.s: , Geric Circvtt Ccu~f . ~ ~ - ' =r.~"~` ~ w ayem for CU•_TIS M JAMES ~ ` SQ'3o'68 s~. cua. c«~,? i~ ~iaa~ ; ~ _ ~ 8 2 5? eo~Tr.ot.i.ER , = ~ PB:IS~?38 ~ ~ ~ . . Toaether with all riahcs, membe~s, pti~ileses. herediaa? s. ease+neats sod appurteoances beloa6io~ ar appeetaiaina. Mott~aaot henby co~enan[s aod wanants to tbe Motta~aee, Lis 6eita, successora snd assisos. that Ae has a[ee simple , title to said property, free from all eacumbrances escept: • ry NOne r~ TO HAVE ANU TO NOLD all and singulac tAe aforegtanced and bu6ained premises unto t6e Nortsaaee fore~et, pt~o~ided alwraqs that it ti~e Moctgagor s6a11 and-uill pay t6 the ocder ot the Moce6a6ee, accotdias to-its teaot and effeet, that cettaio ptanissoty note of e~en date here.rich a~d secured 6ercby and any otber surns rbicb beeome owin~ by the ~4ottaasor to che AloKaaaee ~?rior co cancellation hecrof, chen chis mortaage shall cease. terminate snd be ?oid, othenrise.to itmsip ip full ~ fo~ce and etfec~. ~ The alatgagot a~rees aad covenants to pay all ta:es and special aasessaients aaainst the p[openr aud a~ees to pay ~ all ta:es levied unde~ che laas of c~is S~ace on the indebcedness secuced hereby. Morcaaaot further covenants and aat~ees thst he .iI1 ac all times uneil eAe reiease ot this morcaase• keep in focce a poliey ot iasursace oa chac portion of cAe ~oorcaased property whic6 is insurable corerina loss aad damaae by fire and tbe other essualties co~eted by the usu~i tomptebensive casuatty insuraoce policy. Such pdicy shall be aith an insurer accepcaWe w the Moresaaee. ia an aaauex not less than the ~ balaace owina upon c6e indebcedness secured hereby, .vich loss psyable to the liloccaaate. Ia the e~eoe of loss, Yort~sa sh~ll ai~e immedia~e nocice by mait to che Von~aaee~ who will make proof o( loss if na msde praopcly by elx NoKa•aat. aed ~ eacb iesuiance coapaoy cw~cerned is hercby auebaized and direcced to is~ke p~~ent for sucb loss dicecdr eo che Mocteaaee i; instead of ~u the H«ta~a« and Nforcaagor jointly ~ut, in ehe e•ent any paymenc is made joincly, Mottsaaot hereb~ authorizes ~ Mott~aEee to tedarse his oame on any check~ drah or mooey order as his actu~ney-in•t~ct. Upon payo~ent (at Ioss~ tAe Mott- s•a« ~r at his sole oQtion apply suc~ ptoCeeds to rrduce t?~e balance of cAe i,debsedness, a co rescore che eooctaa6~ D~oP ^ erty !o ~6e e~eot Ulort~~ot shall neslect a refuse to obtain said insutaace or pay soy ca=ea v6pn due~tbea the I~lataaaet ~ ~ wsy at Ms sole option obain such insutsuce or p~y ail sucA ta:es ot botA. aod aq sums espended ebeaEot are herebysecuted ` by ~fiis a~arc~ase and sball be due imo~edistriy (ro.~ tionsasor tu Nortsa6ee ~rith ietetest at tlx tate of !0'~G pet annww~ ltan ~ ~he date o( payu~ea by tbe Moccasace ue:il paid. ~ ' • ~ Z'be atorcaasor aKee: aad co~easnes e6at he ril! wsia~aiu tbe ino~ta~aed propertY in sood coadieioo and na eo coa~wi~ w to pe~eit anpone else to commit vaste. reasoaabie aeu and tear e:cepted. Upon the fsilocs of t6e afoe~aao~ to so aauaain tAe mo~tsased propear. tbr t~«~a~a~ niar cawe ressonable euincensnce woek w be pet~e~ed at t6e cose of the Mocesaepr. Asr sue~ suw so e:pewded shail be due i.~aediaulr (ran t~lorcxa~or •icb ieterest u tbt rate of IOJi per anown hao the Jace e:pended w~til psid. T4! ,Iawtassar btseby neaq tM Matts~et wic6 ~he f~ll po.rs~ aad autaatity~ y?ow tbe 4t~t? ot aay coreo~nt w watraat leeteia coat~iotd. or npos as~ d~f~~h i~ the p~ywea o( ~er iast~laeac pto~ided in said wote a~ p~~ rcoeaal at e:ceasioe ebereal. or i~ ebe pe*(as~ance of ~y sateew~eat hereia conained. to Aeclare ~Ae e~aiK iodeMedaess 4nbp src~red inwedi- •tely dwe tnd p;ra6lt. ~icl~on~ ~icc co snr person. w peoceed w foreclose ibis r~octpse i~ ~ccadsnce .itA laws o( ~his Tbie ineticu~ent rr4e prepared by s Ha~cold Sandora ~ ` ~ ~..~~05~ e~enus ~ p~~ Fort Fiera~;~ `or~ic~~ ~ ~ ~60K~~ ~ ~