HomeMy WebLinkAbout2466 ~'a / , 1
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~ortgage
THIS 1?fORTGAGE,- made Decembe~~ 11 , i~69, by and between
Manuel Szapi~o, a single man ~
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°t IV~1iLIri1~ Dade COl1ri~T . Slale ot Florids. the "riortgagor" (whether one or more), an6
J. T. Stewart Mort~age Company, Inc.
a corporauon o[ the State ot F[orida. hav ng- its pdncipat offie~ end post oftice nddtess at Coral Gablea. Florids, the
"1?tortgagee."
VlrITNESSF.TH: The Mortgagor. for good and ~•aluable consideration recei~~ed, and also in consideration ot the principal
sum named in the note hereinafter described, dces hereby mortgage. arant, bargain. sell and convey unto tt?e Mortgagee,
its auccessors and assig~ns, aii of the lollowing de~cribed loL or lots. iract or parcels ot land, includtug therewith and aF
a part thereof, the buildings and improvements and all the rights, water rights, pri~Ileges. hereditaments and appur-
tenances, now or herea:ter in anyn~ise appertaintng or be[onging thereto. and any part ot
ang street or aUey a~acent, ~•acated or to be vacated. situated in the County oi St. Lucle
State of Florida. to-wit:
Lot 10, I31ock 812, PORT ST. LUCIE SUBDIVISION,
Section Thirtytwo, according to the Plat thereof
recorded in Plat Book 14 at page 23 of the Public
Records caf St. Lucie County, Florida.
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the "premises" herein. TOGETHER WITH (a) all the estate. right, tjtle. internst, homestead, dower and right of doK•er,
separate estate, property. possession. claim and demand whatsoever. as well in law as in equity. ot the Mortgagor in and
to the premises and every part and parcel thereoi, and (b) the rents, istues and pro9ts of the premises, and (c1 all Sx-
tures, furnishings and equipment now, or hereafter during the term of thLs Mortgage. belongiag or attached to any bu!]d-
ing on the land. or which are installed or placed in or about any such building for use as a part thereoL tn conjunctton
with the use or occupancy of the building, including under the toregoing (but not IImited to, or by special or general
refemnce limiting or excluding any other Sxtures. furnishings or equipment as aforesaid), ihe following: storm vestibules,
doors and windows; window, door and porch screening, awn[ngs. shades and blinds; furnace, stoker. gas and oil and
electric burners and heaters, grates, radiators and registers, Aot water heater and all heating equipment• moiois, fans,
inctnerators, air conditioners and ventilators; all lighting fixtuc~es; wall, folding, roll out or disappearing beds; linoleum;
ice boxes, retHgeration units and equipment; kitchen cabtnets and un[ts; all uttltty unit sections; ,
All such Sxturea, furnishings and equipment are and shall be deemed to be a permanent accession to the land or building~
thereon wherein pta¢ed or installed and a part ot the prnmises, and real property as between the part[es hereto and all
parties claiming . by, throngh or under them.
i TO HAVE AND TO HOLD the premL9ea unto the Mortgagee and the successors and assigns of the Mortgagee for-
' e~er, and the biortgagor covenants: That he is Iawiully seized of the preinises in fee simple and has good right to mort-
i gage, sell and convey the premises• that the premises are iree from all llens or encumbrances whatsoever pxcept and
unless hereiuafter speci$cally atated, and the Mortgagor warrants and will defend the premises unto the '.Yiortgagee, its
successors and asslgns agatnst alt claims and demands whatsoever.
THIS MORI~GAGE IS GIVEN to secure rnmpltance with and the performance of the obligations and covenants here-
in of the Mortgagor, and to secure the payment of a promissory note of even date herewith, the terms of which are in-
corporated herein by reference, e~•idencing an indebtedness of the :liortgagor to the '.Horigagee in the prtncipal sum of
~ ---TWELVE THOUSAND, SIX HUNDRED and no/100ths-- ~s I2, 600.00 i
f bearing Interest irom date at the rate ot nine and one-quarter t~er centum t~ }/4
~ per annum on the unpaid balence, both inierest and priacipal belhg payable monthl at the rinci
y p pal o ce o the Mort-
gagee, or at sur_h oiher place as the holder of the note may designate in writing, by monthly instaliments in the amount
ot •-ONE HUNDRED, FIFTEEN 2~nd 40/lUOths.•____ nOLLARS ci 115.40 ~
each, due and payable on the 18t day of each and e~•ery month, commencing J~g 1~ , lgf 0:
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except that mont6ly installment pay~r?ents shall not extend beyond May 1, , 19 90. on which date any ~ t
a:
principal and interest remaining unpaid shall be due and paid in full.
Privilege is given to prepay in full after one year from date upon
the payment of a 1% penalty based on the original amount of the ~
mortgage.
If the principal sum and interest are paid as in the note agreed and the covenants and agreemenis herein contatned
are fully kept, performed and complied with, then thta Mortgage shait be dLSCharged, bnt if default occura In the making
ot any payment or as to any agreement, condltion or covenant in the note or in thia Mortgage requ[red and agt~eed, the '
unpaid principal sum, interest, and all other indebtedness, the payment of which i~ secured hereby, shall at the election i
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