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HomeMy WebLinkAbout0982 S S'i'-lfi, 2~:5 THIS INSTRUMENT PREPARlp BVC Wal`'CT E. DdV13 ABSTRACT & TIT._E CORP OF FLA l~.tr sr r oHT r EacE. FLORiOA pE~p G_ IN PAYMEM OF TAI(fS ' DUE ON CIASS 'C INT C~I,E PEBSCNAI PROPERTY, ~ PURS,;JINT TO CHAPT=R 20 2~, ACTS OF 1931. , RCG=R POIT°,AS, Clerk Ci:cuit CouR ; M~~1 as 11Qe~t for DANI~I N. KNOWLES~ 1R ~ L~ e St Lucie Cou,:ty Tax Collectot ~ ~or~g g~. _ ~ o~un c~nc ~ THIS ~IOR1'GACE, made Dec~.' er v19'71, by and between :~.t2L F. F'.UGGIrS, JR. and DO:I,*~:I! E. HUGGZi~J~ h-s ~~ri~e ot County of St. iucie , State of Fl~rida, the "1?lortgagor" (w•hether one or more), an~ ~ J. T. ST~~ART MORZVAGE C02~SPA:~Y , I\C . ~ a corporstion ot the State of Florida, having its princiE?xl ~ffice and ~t oftice address at Corul Gables, Florida, the ~ •.~iortgagee." ~ x WITNESS~'T'H: The Diortgagor, for good and ~•aluable consideration recei~~ed, and also en consideration ot the prineipal ti sum named in the note herninatter described, does hereb~• murtgage, rrant, hargain, sell and con~•ey unto the hiortgagee, } its successors and assigns, all of the tollowing described lot or lots, tract or parcels of Iand, including therewith and as a part thereof, the buildings and improvements and all the tights, water rights, pri~•ileges, hereditaments and appur- ~ tenances, now or hereafter in any~~•ise appertaining or belonging thereto. and any part of ± 's any street or alley adjacent, ~•acated or to be ~acated, situated in the County of St, Lucie ' State o[ Florida, tawit: Lo?- 3, Bloc': RIVy'R PAR2~, IIL3IT 9, Fart "C", accoraing to ::!~e Plai: thereo~ as recorded in Plat 300}: 15, pages 28 and 28A ~hru 28B of the Public Record~ o: S~. Ix:cie County, t'ZOY1CZd. the "~remises" herein. TOGETHER WITH la) all the estate, right, tiUe, interest, homestead, dower and right of dow•er, separate estate, property, possession, claim and demand whatsoever, as well in law as ~n equ~ty, oi the i?iottgagor in anc to the premises and every part and percel thereof, and (b) the rents, issues and profits of the premises, and (c) all fix- tures, turnishings and equipment now, or hereafter during the term of this I?iortgage. 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 in ronjunction «ith the use or occupancy ot the building, including under the foregoing (but not limited to, or by special or general ; re[ernnce limiting or excluding any other flxtures, furnishings or equipment as atoresaid), the following: storm vestibules. ~ doors and windows; window, door and porch scrnening, awnings, shades and blinds; turnace, stoker, gas and oi! and ~ electric burners and heaters, grates, radiators and registers, hot water heater and all heating equipment; motors, fans, incineratots, alr conditioners and ~•entllators; all lighting tixtures; wall, folding, roil out or disappearing beds; linoleum; F ice boxes, retrigeration units and equipment; kitchen cabinets and units; all utility unit sections: i i ' All such fixtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buildings ~ thereon wherein placed or installed and a part ot the prnmises, and neal pro=,ert~- as betW een the parties hereto and ali ~ ~ parties claiming by, through or under them. ' a TO HAVE AND TO HOLD the premises unto the iiortgagee and the successors and assigns of Lhe Mortgagee for- ` a, ecer, and the 1liortgagor covenants: That he Is lawtully seized of the premises in tee simple and has good right to mort- ~ ~ gage, sell and convey the premises• that the premises are tree from all liens or encumbranees whatscever Pxcept and ~ ~ unlest hereinafter speci8cally stated, and the Morigagor warrants and ~vili defend the premises unto the Mortgagee, its ~ successors and assi~?s against all clalms and demands whatsoever. " THIS MOR'PGAGE IS GIVEN to secure compliance with and the performance of the obligatlons and co~•enants here- ~ ~ in of the Atortgagor, 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 ~Iortgagor to the ~iortgagee in the principal sum of ~ EIGI~Z~'r.Ely T:3~JSAi~D TF~R.:E tiWi DItED AND NO/100------------------- DOI.LARS <S 18 f 300. 1 ~ bearing interest from date at the rate of seven & three-`ourths per centum ( 7 3/4 ~ ~ per annum on the unpaid balance, both interest and principal being paysble monthly at the principal oHice ot the Mort- ~ gagee, or at such other place as the hotder ot the note may designate in vM1riting, by monthl~• installments in the amount ~ ~ ot 6r:e ~ur.dred : i`t_a and 2~/100-------------------------------- DOLLARS (i 150.2~ ~ each, due and payable on the 1 g-~ , day of each and e~•ery month, commencing Ju ly 1 . 19 ~ 2: ~ ~`=g except that monthly installment pa}-ments shall not extend beyond June 1 , 1~2 , on which date any _ principal and interest remaining unpaid shall be due and paid in full. ~ _ ~ _ 3 ~ ~ 'thout enalt~ . ' Prepa,~ment r.^.a ~ ae ,:.ade A p ~ i - s f It the principal sum and interest are paid as In the note agreed and the co~•enanls and agreements herein contained are fuUy kept, performed and complied with, then thts Mortgage shall be di~charged, but if detault occut's in the making ct any payment or ac to any agreement, condit~on or covenant in the note or in this Mortgage required and agreed, the - unpaid principal sum, interest, and all other indebtedness, the payment of which is secured hereby, shall at the election s :;~a'~e ~-~.::~cr::... S'.~1;p: A`=':.ed To The Ori~i::al :;~te ar.d Cancelle~i, i ; ~ BOOK 1t7C7 PACE ~81 ::i - ' - ' ' f-= j ~ . . . . . ~ .