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Home My WebLink About0465 ~ ~ . W S~1 1' ~~F H L U 1-~ 1 f~ ~Q j ~ DOCUMENTApW STAMP TAX Z ' N0~20'69 , _ ; c°~ = ~ I I 5 5~ MORTGAGE y~ ~ a~ COHPTROILER 18591£3 P.8.19013! ~ THIS MORTGAGE Made Thia 214t dayof SADtBtttbAT` .19 64 byandbetween~oe Archer 1kfa Joe Archie. and Redonia Ar /1L~ a~ Archi e, h s e a r'Iora l~a~ e~c e a a~ ora e rc er,~i s aug er Frank Archer a Fr nk .I~rehi e , his aon . of St. LLC? A County. State ot Florida , hereinafter whether ona o~ more called the "Mortgagor," has become justly indebtedto All-Craft Industrie~ Inc. ot Oran~e County. State of Florida ~ . hereinafter called the "Mortgagee." ~ne S~m orSeven thousand six hundred forty-nine and $~/100 ..oo~v?RS ta 7.649. ~ evide~ced by a Retaif I~stallment Cont~act and/or p~omissory note of eve~ date herewith in the total amount set forth above, paYable in ~ i ~ $1+ monthly installments in the sum of I'linet -OIIe 3IIC] ~'j 100 • ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ • DOLIARS ( S 91 • 07 1, the first payme~t commencing on the ~ day oi ~~(J`--~ ? 19~, and continuing on the same day oi each month thereafter until fully paid, together with late charges of five (5) cents per 51.00 ; on each installment not paid within ten (10) days of the due date, but not exceeding the lawful maximum, and interest atter maturity at the rate of 10% per annum. NOW, for and in consideration of the aforesaid indebtedness and to secure the prompt payment of tfie same, Mortgago~ has bargained ~ and sold and doas hereby grant, bargain, sell and convey unto the said Mortgagee, his successors and assigns, the following desCribed tot~ or parcel of land situated in S. LLiCl@ Counry, State of Florida, to-wit: All of Lots 15, 16 and 17 of Block b, Highland Park Sub. according to the plat thereof as recorded in Deed Book 151 pages 193 to 195, ~ Public Records of St. Lucie County Florida and begin at the North- west corner of said Lot 15, Block ~i of Highland Park Subdivision run ~Iorth 25 feet to the South line of Avenue Q of Fort Pierce, Florida, thence run East along the South line of said Avenue Q, + 120.6 feet, thence run South 25 feet to the Northeast corner of Lot 17 of Block 6 of said subdivision, thence run West 120.6 feet ~'to the point of beginning. a ~ ~ o Y. o~ Tbi~ ~i:pperty sore co~only kno~?n as 1716 N. 17th St. ~ Ft. Pierce, Fl,a. ` a ci ~ ~ RECEIVED IN dArR1EtT OF TAxES i ' ~ ~ ~ ~ L1- ' ~ DUE ON CU1SS 'C INtANC~~1i. FER~i~WI! PROPERTY, { 3`~ a'~- clud sll chattele conteined therein• ~RS'UINT TO CHAPTER 20724, ~i.:~ uF igtl. , ~ c~ ~ u~ ~ p~ ~ ROG:R POITR~, Clerk Cirtuit Court ` ~ ~ a~ J o as Aoer,t fot CANIEL N. KNpWLFS~ ~R, ~ r U N s N ~ y . ~ a`° 1D St Lucie Cou;.ty Tax Coll r 1.3~ ~ ~ U U u- j 1~ By Yr~c c~/1 ~ ~ N~~ I1 ~ ~ Together witF~l ~hty~jnem6ers, privilsges, hereditaments, easements and appurtenances belonging or appertaining. Mortgagor ~ hereby covenants a~wKla~to the Mortgagee, his heirs, successors and ass+gns, that he has a fee simple title to said properry, iree irom all e~~cumbrances e~pt: ~ r TO HAVE AND TO HOLD all and singular the atoregranted and bargained premises unto the Mortgagee forever, provided always that if ~ the MortQagor shall and will pay to the orde~ of the Mortgagee, according to its tenor and effect, that certain contract and/or promiswry note ~ of even date herewith and secured hereby and any other sums which become owing by the Mortgagor to the Mortgagee prior to cancellation gage shall cease, terminate and be void, otherwise to remain in full torce and eitect. ~ hereof, the~ this mort 3 The Mongagor 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 turther covena~ts 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 and ~ damage by fire and the other casualties covered by the usual comprehensive casualty insurance policy. Such policy shall be with an insurer - 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, Mortgagot shall give immediate notice by mail tQ the Nlwtgagee, wfio will. make proot oi loss if not made S promptly by the Mortgagor, and each insurance company concerned is hereby authorized an~directed to make payme~t fo~ 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 attomey-in-tact. Upon payment tor loss, the Mortgagee § may at his sole option apply such proceeds to reduca the balance of the indebtedness, or to restore the mortgage property. In the event ~ Mortgagor shall neglect or refuse to obWin said insurance or pay any Wxes yvhen d~,e, then the Mortga~ee may at his sole option obtain such ~ insurance or pay all such taxes or both, and all sums expended therefor are hereby secured by this mortgage and shall be due immediatety ~ irom Mortgagor to Mortgagee with interest at the rate of 10% per annum from the date oi payment by the Mortgagee until paid. ~ ~ The Mortgagor agrees and cove~ans that hs will mai~ita'v~ the mortgaged p~opert~i in good condition and not to commit or to permit ~ anyone else to commit waste, reasonable wear z~nd tear excepted. Upon the failure of the Mortgagor to so maintain the matgaged prope?ty. ; the Mortgagee may cause reasonable maintenance worlc !o be pertormed 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 annum from the date expended untit paid. ~ ~a ~ The Mortgagor hereby vests the Mortgagee 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 inat~llment provided in said contract and/or note or any renewal or extension thereof, or ~ in the periormance of any agreement herein cor?!ained, to declare the entire indebtedness hereby aecured immediately due and payabte, ~ without notice to any person, to proceed to forectose this mortgage in accordance witb laws ot this State. z~ AS 18d1 SO~j}(1~~ Y~Gi PRINTED IN U.S.A. : ~ ~ - _ ~ ~ - ~ _ ~ ~ _ - _ _ _ _ . . -