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HomeMy WebLinkAbout2470 , ~ .t / : ' ~1 ti ; ~i ~ ~ , 18i43 ~ ' • Thfs In;;•rum~lt 1Y } \ J. FO d~~ ~ 9~•1 Li.~.: ~ . g ~r; x . F1~3.n ~ j~ , . ~ ~ ~ortgage ~ ~ THIS 21iORTGAGE, n,aae D~cember• llth . 19 G9 by and between ~ Manuel Szapiro, a sin~e man ~ ot Mi3YY~l~ Dade Catnty . Slate of Fiorida. the "MortgagoN' <whether oae or more), ana J. T. Stewart Mort age Company, Inc. a rnrporation ot the State of Flo~da, having its princ(pat oKice and post o~ice address at Coral Gables~ Florida, the "Diortgagee." WITNFSSE'TH: The Mortgagor. for good and ~~aluable consideration recei~ed, and also in considerntIon of the prlnclpal sum named in the note hereinafter described, does hereUy mortgage, grant, bargain. seA and con~e~ unto the Mortgagee, its successors and assigns, ait ot the following described lot or lots. tract or parcels of land. including therewith and as a part thereot, the bulldings and improvements and all the rights. water rlghts, privlleges, hereditaments and appur- tenances, now or hernafter in any~~•ise appertaining or belonging thereto. and any part of any street or alley adfacent. racated or to be vacated. situated in the County of $t. Lucie State ot Florida, tawtt: Lot 16, Block 812, PORT ST. LUCIE SUBDIVI.SION, Section Thirtytwo, according to the Plat thereof, recorded in Plat Book 14 at page 23 af the Public Records of S~ Lucie County, Florida. the "premises^ herein. T~OG~`THER, WITH (a) all the estate, right. tiUe. interest, homestead. dower and right oi dov?er, separate estate. property. poasession, clalm and demand whatscever. as well in law as in equity, of the Mortgagor in an8 to the premises and every part and parcel thereoi~ and (b) the rents, isgues and proSts of 1he premises, and (c) all fix- turns, furnishings and equipment now, or heieaiter dwring the term ot this l~fortgage. betonging or attached to any build- ing oa the land. or which are installed or placed in or about any such building for use as a part thereot in conjunction with the use or occupancy of the bullding, including under the foregoing (bnt not limtted to. or by specIal or general reference limiting or excluding any other 8xtures. furnishings or equipment as aforesaid). ihe following: storm vestibules, doors and windows; window. door at~d porch screening, awnings. shades and blinds; turnace. stoker, gas and oil and electric burners and heatera, grates, radiators and registers, hot water heater and alI heating equipment; motors, fans, incinerators, air condlUoners and ventilators; all lighting ftxtures; waU, folding, roll out or disappearing beds: linoleum; ice boxes, refrigeration units and equipment: kitchen cabinets and untts; all utiltty unit sections; i All such 8xtures, furnishings and equipment are and shall be deemed to be a permanent accession to the Iand or buildings thereon wherein placed or installed and a pari of the premises, and real property as between the partles hereto and a1) pariies claimtng by. through or under them. j i TO IiANE AND TO HOLD the premises unto the Mortgagee and the s~ccessors and asslgns oi the Mo erer, and the Mort rtB88~ for- ~ gairor covenants: That he is lawfully seized of the premises in fee simpte and has good righi to mort- gage, seII and convey the premisea; that the premises are tree trom all l~ens or encumbrances whataoever Pxcept and unless hereInafter apedScally stated. and the Mortgagor warrants and will defend the premises unto the Mortgagee, its successars and assigns against all ctaims a~ demands whatscever. I THIS MORTGAGE IS GIVEN to secure compliance with and the performance of the obligations and rnr•enants here- ~ in oi the Mortgagor, and to secure the payment of a promissory note of even date herewith, the terms oi which are in- ~ eorporated herein by reference, evidenctng an indebtedness of the Diortgagor to the !Kortgagee in the prittcipal sum of --TWELVE THOUSAND, FIVE HUNDRED and no/100ths--• ~L~~ ~ 12, 500.00 ~ bearing interest irom date at the rate of nine and one•quarter per cencum c~ 1/4 per annum on the unpaid balance, both interest and principal bemg payable monWy at the prlncipel o8ice oi the Mort- gagee, or at such other place as the holder ot the note may designate in writing, by monthly instaliments in the amount ot ~---ONE HUNDRED~ FOURTEEN and 49/100ths-------- Dp~.1.~Rg ~s I14.49 , ~ each, due and payable on the iSt day oi each and e~•ery month, commencing JUrie 1~ ~ 1g7~ ; except that monthly installment payments shall not extend beyond May 1, , 19 9Q on which date any ~ 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 a~ a 1% penalty based on the original amount of the mortgage. It the principal sum and interest are paid as in the note agreed and the covenants and agreements herein contafi?ed are tutly kept, performed and complfed with, then this Mortgage shail be discharged, but if defaul~ occurs in the mak[ng oi any payment ot as io any agreement, rnnditlon or covenant in the note or in this Mortgage required and agrecd, the unpaid principal sum, interest. and all other indebtedness, the payment of which ia secnred hereby, shall at the election ~oaK~~~ t~ E . ; . , ~ . . - . . . . . , ~wR'~~'. ~ : , . ' ~ : a~..~. . _v. '..e- ' . . F'. ~a"~i . . . . f'~t.--i £~`~Py9,.