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HomeMy WebLinkAbout2707 ` ST-7195 ~ ~ i89'7'81 ~ortgage THIS biORTGAGE, made NOV@mber 15th ~ 1~9. by and betwecn JOHI~1 D. Sf~A and DOROTHY M. Sf~A, his wife, ot Cotltlty Of St. LuCi@ . 3tate of Florida, the "Mortgagor" twhether one oe more). ana J. T. STEWART MORTI'~C~ CQMPANY, INC. a corporatlon of the State oi Florida. having i:s prlncipal oHice and post off~re address at Coral Gablea. Florida, the j ••1liortgagee.•• • ! ,~n WITNFSSETH: The Mortgagor. for good and ~~aluable mnsideratlon recel~ed, and alao in consideratlon oi the principa] sum nttmed in the note hereinafter descdbed. dces hereby mortgage, grant, bargain, sell an~l convey unto the Mortgagee. ita successors and assigns, all of the following described lot or lots. tract or parcels ot land. includfng therewith and es a pact thereoi, the buildings and improvements and all the dghta, water rights. privileges. hereditamerits and appur- tenances, now or hereafter in anywise apperteining or belonging thereto. and aqy part ot any street or alley adjacent~ ~•acated or to be vacated. aituated in the County oi St. LuCi@ State ot Florida. to-wit: Lot 29, Block 249 of PORT ST. LUCIS, S~(.ZION 6, , a Subdivision according to the Plat thereof. recorded in Plat Book 12, at Pages 36A thru 36D, of the Public Records of St. Lucie County, Florida. the "premises" herein. T~OGE1'~iER WITH (a) all the estate, right. UUe. internst, homestead. dower and right of dower, separate estate, property. possession. claim and dem~nd w6atscever. as well in law as in equity. o: thp Mortgagor in and to the premises and every part and parcel thereoi. and (b) the renW issuea and proSts ot the premises. and (c) all fix- tures, fumishings and equIpment now. or hereafter durIng the term of this Mortgage~ belonging or attached to any build- ing on the land, or which are installed or placed In or about any such building for use as a part thereof [n co~unction with tde use or occupancy of the bu[lding, including uader the toregoing (but not 1Lnited to, or by special or general reference 1[miting or excluding any other 8xtures. furnishings or equipment as aforesatd), the following: storm vestibules, , doors and win~°~; window, door and porch screening~ awnings. shades and blinds: furnace. stoker. gas and oil and electrIc burners and heaters, grates, radiators and registers. hot water heater and all heating equipment; motors, far?s, incineratoza, sir conditioners and ventilatora; all lighting itxtures; wall, folding, roll out or diaappearing beds: linoleum; j ice boxes. refrigeration units and equipment; kltchen cabinets and units; all utillty unit sections; ! All such Sxtures, fumishinga and equipment are and shall be deemed to be a permanent accession to the land or building~ thereon wherein placed or installed and a part oi the premises, and real pro[ierty as between the partiea hereto and all ~ parties claiming by. through or under them. TO HAVE AND TO HOLD tbe premisea unto the Mortgagee and the successora and assigns oi the Morigagee for- ~ e~•er. and the Mortgagor covenants: That he is lawiully seized of the premises in tee simple and has good right to mort- gage. sell and oonvey the premises; that the pcemi~es are free trom all liens or encumbrances whataoever Pxcept and unless hereInaiter speciScaity stated. and the Mortgagor warrants and will defend the premLses unto the Mortgagee, its succeseois and assigns against all claims and demands whatsoever. 1'fil5 M08TGAGE IS GIVEN to secure complIance with and the performance of the obligatlons and co~enants here- in oi the Mortgagor. and to secure the payment of a promisaory note oi even date herewith. the terms oi which are tn- corporated herein by reference, e~~idencing an indebtedness of the ~iortgagor to the '.?3ortgagee in the principal sum of Tf~Nl'Y~-OI~ T~OUSAPD SIX HUNDR'F~ and 00/100- - - - - - - - - - Dpl,i.nRS ~t21,c 600.00 ~ bearing interest irom date at the rate of SeVen & thr@e-fOUL'thS per cen~um ( 7 3/4 ~i'r 1 per annum on the unpald balance, both interest and principal being payable monthly at the principal o~ice oi the Mort- gagee, or at such other place as the holder ot the note may designate in writing, by monthly iqstallments in the amount ot One Rundred Seventy-seven and 33/100- - - - - - - - - - - - DOI.I.AR3 (i 177.33 ~ ~ ~ each, aue ana a able on tne first ril lst . 1970 ; ~ p y day ot each and e~~ery month, rnmmenring Ap p ~ ~ except that monthly instailment payments shall not extend beyond March lst , 1990 . on which date any ~ principal and interest remalning unpaid shall be due and paid in tull. ~ 3 Privilege is gi~r~--~ prepay in full after one year from date of mortgage upon ~ the payment o~ a one per-cent (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 agreements herein oontair?ed ; are fuUy kept, pedormed and complied with, thea this Mortgage shall be discharged, but ii default occurs in the making ~ ot any payment or as to any agreement, condition or coveaant In the note or in thts Mortgage rzquired and agned, the - unpald principal sum, interest, and all other indebtedness. the paymEnt oi whlch is secured hereby. shall at the electlon ~ ~ State documentary stamps affixed to the original note and cancelled. ~ ~ ~ aoac ~?c~~ t~ ~ _ . _ _ ~ ~ ; . ~~~4 ~ - E y~'+ : _ ? ~ -y ~ .<c Y°~- i a ~ ~~k~ -~,.,r~~:r~°c,^a.,~_ ~~7 *_~__-~i ~~_r._ . . _ t~~..a as'c~.