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HomeMy WebLinkAbout1029 I~~~~ I 1', ' Walter B.~Qavis T?i!• 1NiTRUMtNT rRCrAR!'D wY ABSTRACT 8~ TITLE CORP. OR RLA. . -,h.ta~µ.sF~~~-ik'C7 t00 ZtiD 5T fORT P!ERCE. FLORIDA ~ ' . - -~--r.1t+~t ~ ~ ' ~ t'sii. ~ c t~ ; ~ ~ ~ Y[CENE~ = 111 MfN~Jft Oi TAl(E~ j 011E CM CIIISS'C q(TM181i1E Ifl~StHiAI ~IIO~ERn. ~ ~ortgage ~ ~ ~ ~ ~ ~ , _ 3 i THIS ~IORTGAGE, made Jar,uary 3 . 19j2 , by and between LUCA J. PIAVARRO and ANNE L. ~:AVARRO, his orife of Cou[lty Of St . LuC].@ , State ot Florida, the "I?lortgagor" (vvhether one or more), an6 J. T. STF~~ART MOR'1`G1~GE C 0[~~ANY , INC . a corporatiun of the State oi Flocida, ha~ing its principal .~t[ice and post oHice address at Corat Gables, Florida, the "\iortgagee." WITNFSSEI'ti: The Morigagor, for good and ~~aluable consideratton recei~ed, and also in consideratlon ot the pr[ncipal sum named in the note hereinatter described, dces hereb~• murtgage, ~rant, nargain. sell and con~ey unto the Mortgagee. its succes.wrs and assigns, all of the following described lot or lots, tract or parceLs of land. including therewith and aa a part thereot, the buildings and improvements and all the rights, water rights, pri~ileges, hereditaments and appur- tenances, now or hematter in any~rise appertaining oc belonging thereto. and any part of any street or alley adjacent. ~~acated or to be vacated. situated in the County of St . Ltlcle State of Florida, to-wit: Lot 22. Block 112. PORT ST. Lt)CIE, SE(.'TI023 ZWENTY SEVEI`, according to the Plat thereof as recorded in Plat 9ook 14, page 5 of the Public Records of St. Lucie County, Florida. the "premises" herein. 1'OGETHER WITH (a) all the estate, right, title, interest, homestead, dower and right of doW er. separate estate, property, possession, claim and demand whatsoever, as well in law az in equity, oi the Mortgagor in an~ to the premises and every part and parcel thereoi. and (b) the rents. issues and pro8ts of the premises, and (c? all fix- tures. furnishings and equipment now. or hereaiter during the term ot this 1?fortgage. belunging or attached to any build- ing on the land, or which are installed cr placed in or about any such buildtng tor use as a part thereof in conjunetion ~ «•ith the use or occupancy of the building. including under the [orngoing (but not limited to, or by special or general ? reference limiting or excluding any other 8xtures, turni~shinSs or equipment as atoresajd), the following: storm ~•estibules. I doors and windows; window, door and porch screening, awnings, shades and blinds; turnace, stoker, gas and oil and ~ eleMric burners and heatera, grates, radlators and rngisters, hot water heater and all heating equipment• motors, fans, ~ incineratois, sir condittoners and ventilators; all lighting fixtures: wall, folding, roll out or disappeadng beds; linoleum; f iee b.~xea, iY[ri~rratiun units and equipment; kitchen cabinets and units; all utilit~ unit sections; i ( All such fixtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buildings s thereon wherein placed or installed and a part oi the premises, and iral pro~,ert~• as betw•een the parties hereto and all ~ parties claiming by, tluough or under them. a ~ TO HAVE AND TO HOLD the premLses unto the Morigagee and the successors and assigns of the Mortgagee for- ~ e~•er, and the Dlortgagos covenants: That he is lawtully seized ot the premiscs in fee simple and haq good right to mort- ~ gage, sell and rnnvey the premises; that the premises are [ree tmm all tiens or encumbrances whatsoever Pxcept and ~ uniess nereinsiter speciflcally stated. and the Mortgagor warrants and ~vill defend the premises unto the Mortgagee, its ~ succes4ors and assigns against all claims and demands whatsoe~•er. ~ THIS MORTC:Ac;~ Y~ G1VEN to secure compliance with and the performance of the obligations and cocenants here- ~ in ot the Mortgagor, and to secure the payment of a promissory note o[ e~•en date herewith, the terms oL wh[ch are in- ~ corporsted herein by reterence, e~•idencing an indebtedness o[ the ~Iortgagor to the ~tortgagee in the principal sum of ~ SIXT~N TKOUSAPiD A23D h0/100---------------------------------noL~RSti 16,000.00 , bearing lnterest from date at the rate ot s~v@t1 & t:lree-fourth per centum < 7 3/4 'f ? ~ per annum on the unpaid balance, both intemst and principal being payable monthly at the principal otfice of the Mort- gagee, or at such other place as the holder ot the note may designate in a~riting, by monthly instaliments in the amount ~ ~ o~ ane Hundred Fifty and 72/100--------------------------------DOLLARSCi 1~0.72 ? ' ;w ~ each, due and payable on the first day ot each ande~-ery month, commencing JLlly 1 . 1972: ~ except that monthly instaliment {~a~•ments shall not extend beyond ~lne 1 , 1987 , on which date any € x ~ principal and interest remaining unpaid shall be due and paid in fuil. ~ ; Preoa~er.t r,:a}~ be r.nade c~~itnout penalty. ~~3 = E s It the principal sum and interest are paid as in the note agreed and the covenants and agreements herein contained are fully kept, performed and complied witA, then this Mortgage shall be discharged, but it detaul~ occurs in the making ~.t any payment or as to any agreement, condition or covenant in the note or in this 211ortgage required and agreed, the unpaid principal sum, interest, and a!1 other indebtedness, the payment of K•hich is secured hereb~, shall at the election - State L>~c:u-:ent ~y Sta,.~ps a:`i~:ed to the original note and ~ance2led. .r:-> :,_2 , = ~~Y i~ ~ifl~ ~ _ . _ _ a~= _ .