HomeMy WebLinkAbout1167
v i}., DOCUMENTA.~"!`SiE~hl:~ iaa
O
~~ = ~~'~
- .:~~ X540
~
b0 t
-:
COIiPTROLLER
_-_
~
pB leot3s ~~~~' - .
[~ G' 7
MORTGAGE i816
3
THIS MORTGAl1E Maas 'i nrs ~•~ ~h day of June ,18 69
and
by and between
BOA 8e 8y Or
.his , of
County, State of ,hereinafter whether one or more called the "Mortgagor," has become justly
• of
indebted to
r s . •
County, State of ,hereinafter called the "Mortgages: '
DOLLARS (• 1
in the sum of rr ~ • s •
evidenced by a eta nets finen ontra a or prom ssory note o e to herewi in total amount set forth above. payable in
monthly installments in the wm of
eeeeeeeeeeeeeeeeeeeeee•e
DOLLARS (a_-1• ~• first payment commencing on the 1 5th day of September
19~, and continuing on the same day of each month thereafter until fully paid, together with late t~urges of five (61 cents per ,1.00
on ea~ installment not paid within ten (10) days Oi the due date, but not exceeding the lawful maximum, and interest after maturity at the
~ ~te 10% per annum.
sz > 00
O ~f-- W, for and in consideration of the aforesaid indebtedness and to secure the prompt payment of the same, Mortgagor has bargained
U e~i d wild and does hereby grant, bargain, sell and convey unto the said Mortgagee. his successors and assigns, the following described lot
jam- qr ps~l of land sitwted in County, State of Florida, to-wit:
C~ ~ . ~ • C e
-- - p
" t~ Lot 1$ Block 23, Sunland Gardens Subdivision,
`~ ~'' ~ according to the plat thereof as recorded in ~'
~'~~ ~ Plat Book $,-Page 32, Public Records of St.
.`'~., O Iuc~e County, Florida. ~
-z
~-- ~ ?bii P~P~"~7 ~~ ao~l~ ltaotia u 3~OR •~e. •Y", Ft. PYerf:e, lla.
Idehoaie~ fiiu t~lattela tsonte-ia~sd tbereia. _
~~~~ ~ pI
~Y
`o~ ~ R[~p ~'~ iff PA:Ttf'.NT M TAB!
~ g ~ DUE ON C 'C iNTANGiBLE FE"SLtfAI PZOPERiY,
PURSi:AHT i0 CHAPT-R 207>, ACiS Ot= 1911.
o ~ ~ ~ ' ROG_R P01 i F.itS, Clerk Circuit Court
E ~ ~ 3 ~ V as Agent for CANIEL R. KNl}WLE , 1R
a ~ ~ ~ ~ St. Lucie County Tax Collectof
~ ~ ~ ~ ~ DEPUiY ra.Eroc
Togethet with all rights, members, privileges, hereditaments, Basemen and appurtenances belonging or appertaining. Mortgagor
hereby covenants and warrants to the Mortgagee, his heirs, successors and assigns, that he has a fee simple title to said property. tree from
all encumbrances r+xcept:
TO HAVE AND TO HOLD all and singular the aforegranted and bargained premises unto the Mortgages forever, provided always that if
the Mortgagor shall and will pay to the order of the Mortgagee, according to its tenor and effect, that certain conuact and/or promissory note
of even date herewith and secured hereby and any other wms which become owing by the Mortgagor to the Mortgagee prior to cancBllation
hereof, then this mortgage shall cease, terminate and be void, otherwise to remain in full force and effect.
The Mortgagor agrees and covenants to pay all taxes and special assessments against the property and agrees to pay all taxes levied
under the laws of this State on the indebtedness secured hereby. Mortgagor further covenants and agrees that he will at all times until the
release of this mortgage keep in force a policy of insurance on that portion of the mortgaged property which is insurable covering loss arxf
damage by fire and the other casualties covered by the usual comprehensive casualty insurance policy. Such policy shall be with an inwrer
acceptable to the Mortgagee, in an amount not less than the balance owing upon the indebtedness secured hereby, with loss payable to the
Mortgagee. In the event of loss, Mortgagor shall give immediate ratite by mail to the Mortgagee, who will make proof of loss if not made
promptly by the Mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for wch loss directly
to the Mortgages instead of to the Mortgagee and Mortgagor jointly but, in the event any payment is made jointly, Mortgagor hereby
authorizes Mortgagee to endorse his name on any check, drab or money order as his attorney-in-fact. Upon payment for loss, the Mortgagee
may at his sole option apply such proceeds to reduce the balance of the indebtedness, or to restore the mortgage property. In the event
Mortgagor shall neglect or refuse to obtain said inwrance or pay any taxes when due, then the Mortgagee may at his sole option obtain wch
insurance or pay all wch taxes or both, and all sums expended therefor are hereby secured by this mortgage and shall be due immediately
from Mortgagor to Mortgagee with interest at the rate of 10% per annum irom,ths date of payment by the Mortgagee until paid.
The Mortgagor agrees and covenants that he will maintain the mortgaged property in good condition end not to commit or to permit
anyone else to commit waste, reasonable wear and tear excl. Upon the failure of the Mortgagor to so maintain the mortgaged property,
the Mortgagee may cause reasonable maintenance work to be performed at the cost of the Mortgagor. Any such sum so expended shall be due'
immediately from Mortgagor with interest at the rate of 10% per aArum from the date expended until paid.
~: .
The Mortgagor hereby vests the Mortgagee with the full power and authority; upon;tt~s breach of any covenant or warrant herein
contained, or upon any default in the payment of any insiallmant provided in said contract and/or note or any renewal or extension thereof, or
in the pertormance of any agreement herein contained, to daclsro the entire indebtedness hereby secured immediately due and payable,
without ~tia to any p~TSOp, to proceed to foreclose this mortgage in accordance with laws of this State.
• + cry ,,
AS tflal eao~ 179 ~~.16'~ PRINTED IN U.S.A.
-':
_~