HomeMy WebLinkAbout1744if'~~' g3 ~~.
:i
• MORT~iAGiE
182384
THIS MORTGAGE Made This ~~ ~ ~ ~ day of
by and between
,19 ~_
and
Fannie Jacobs , nia W.i.fe . of
Ste Lucie County, State of Florida ,hereinafter whether one or more called the "Mortgagor," has become justly
indebted to All-Craft Industries, Inc. of
Orange County, State of Florida ~: hereinafter piled the "Mortgagee,"
:n the sum of _ your thousand one hundred and ten and 60/100 .... ~ool.uRS la x,110.60 ~
evidenced by a Retail Installment Contract and/or promissory note of even date herewith in the total amount sat forth above, payable in
DV monthly installments in the sum of Sixty_eighL and Slf 100 • • • • • • • • • • • • • • • • • • • • • • r
DOLLARS Is 6$• 5~' ), the first payment conwnencing on the ~~ day of
19~: and continuing on the same day of each month thereafter until fully paid, together with late charges of frva IS) cants per =1.00
on each installment not paid within ten 1101 days of the due date, but not exceeding the lawful maximum, and interest after maturity at the
,rats of,.i0% per annum.
fl ~ O
~ ? for and in consideration of the aforesaid indebtedness and to secure the prompt payment of the same, Mortgagor has bargained
~n~ e nd does hereby grant, bargain, sell and convey unto the acid Mortgagee, his successors and assigns, the following described lot
pgrcr~of land situated in St. Lucie County. Stalls of Florida. to-wit:
~~ ~ ~ O
O
~ ~ c Lot 2, Block $, Sunny Acres, No. 1, Subdivision, according.
-v to the plat thereof recorded in Plat Book $, page 25, Plzblic
v M ~ Records of St. Lucie County, Florida.
Q ~ O
c~M
~Y p ~g
3N ~~~
~~
E~".~
V y
~a~~~
~ ~$$
This property more commonly lsnotan as 2205 Ave. M.
Ft. Pierce, P'ia.
Including all chattels contained therein.
D;;E Gd ~~ ~-" ---- iN PA°ME'?T OF T
_ S 'C tNTA;;,;tBLE FE?S;.N4L p•~pE(~
P' • ~ • • "aA?T_3 2gi23. ACS OF 1941.
r; s ~ cr ; t:;, c~~:k ci;co,t Ixurt
~ Ape.. fa ~ ftiir~L N. KNOWLE$ 1R
St Lucie Cou ti Tax Corlector
_. ..... ~~ i ;~
z 9 69
~- ~ ~
~l ,
p,,,z
6 3 0
_
~
!~ V
N }~-
"- QLLER
NB t9piS3 ~ ~_~
~l
Together with all rights, members, prrvi a sements and appurtenances belonging or appertaining. Mortgagor
hereby covenants and warrants to the Mortgage ,his heirsOf~pq~e~and assigns, that he has a fee simple title to said property, free from
all encumbrances except•
TO HAVE~CND TO 4iOLD all and singular the aforegranted and bargained premises unto the Mortgagee 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 contract and/or promissory note
of even date herewith and secured hereby and any other sums which become owing by the Mortgagor to the Mortgagee prior to cancellation
hereof, then this mortgage shall cease, terminate and be void, otherwise to remain in full force and effect.
Ths 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 torte a policy of insurance on that portion of the mortgaged property which is insurable covering loss and
damage by fire and the other psualties covered by the usual comprehensive psualty insurance policy. Such policy shall be with an insurer
acpptable 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 notice by mail to the Mortgagee, who will make proof of loss if not made
promptly by the Mortgagor, and each insurance company conprned is hereby authorized and directed to make payment for such loss directly
to the Mortgagee 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, draft or money order as his attorney-in-fact. Upon payment for loss, the Mortgagee
may at his sole optwn apply wch proceeds to redup the balanp of ihs indebtedness, or to restore the mortgage property. In the event
Mortgagor shall neglect or refuse to obtain said insurance or pay any taxes when due, then the Mortgagee may at his sole option obtain such
insuranp or pay all such 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 from the date of payment by the Mortgages until paid.
The Mortgagor agrees and covenants that hs will ma'intairi tgaged property in good condition and not to commit or to permit
anyone else to commit waste, reasonable wear and tear exppted. U A the failure of the Mortgagor to so maintain the mortgaged property,
the Mortgagee may puss reasonable maintenance work to b, per/ormed at the cost of the Mortgagor. Any such sum so expended shall be due'
immediately from Mortgagor with interest at thq rats of 10% per annum from the date expended until paid.
The Mortgagor hereby vests the Mortgaged with the full power and authority, upon the breach of any covenant or warrant herein
contained, or upon any default in the payment of any installrnsnt provided in said contract and/or note or any renewal or extension thereof, or
in the performsnp of any agreement herein oontai%sd, to declare the entire indebtedness hereby secured immediately due and payable,
without notice to any person, to groped to foreclose this mortgage in accordsnp with liwl of this Stets.
/~g 1~1 dd0~ PRINTED IN U.S.A.
°1191742