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HomeMy WebLinkAbout2914 ~ ' " ST-17,124 ~ortgage THIS ~IORTCAGE, h1AdP l~arch 9 , 19 7~ by a~d between FAUS`rINO LANUA and CELIA L~IDA, his Wife and their s~ JOSB LANDA, a single adult ot COUrit~? O~ St. ?A1C1@ , Slate of Florida, the ":?lortgagor" (v?heiher one or more), atto J. T. STF~IART I+IQRTGAGS COHI~ANY, INC. a corporatiun of the State of Florlda, ha~•ing its principal office and {wst oftice address at Conl Gpbies. Florida~ the ~lorlgagee." WITNFSSETti: The riortgagor, tor good and ~-aluable constderati~~n n•cei~ed, and aiso in consideration ot the principal sum named in the note hereinatter described, does hereLy murtgngt~. ;raut, hargain~ scll and con~•ey unto the biortgagee, its successors and assignc, :?il of the following described lot or lots. tract o~ parcels ot land. including therewith and as a part thereof, the buildings and improvements and all the rights, water cights, pri~•ileges, heredItaments and appur- tenances, now or hemafter in anvw•ise appertaining or belonging thereto, and any part.of any street or alley adjacent, ~'ACAtPd or to be vacated, situated in the County of $t. j,UC~Q State ot Florida, to-H•it: Lot 7. Block 278. PO[tT ST. I,pCIg S~(,~TION ~N!'y FOUR. accordfnq to the plat thereof recorc3ea in plat Book 13, pages 31 an@ 31A thru 31C of the Public Rscords of St. Iucie County, Florida the "premises" here3n. 1~OGE.'THER WITH (a) all the estate, right, title, interest, homestead, dower and right ot dov~•er. separate estate, property, possession, claim and demand whatsoe~•er, as well in law as in equity, of the \iortgagor in an~ to the premises and eeery part and parcel Nereof, and <b) the rent~c, issues and pro8ts ot the premises, and (c) all fix- tures, furnishings and equipment now, or hereatter during the term ot this rlortgage. belonging or attached to any build- ing on the land, or which are installed or placed in or about any such buiiding for use as a part thereot in conjunction ~~ith the use or occupancy oi the baild"eng, lncluding under the foregoing (but not limited to, or by special or general reterence limiting or ercluding any other 8xtures, furnishings or equipment as a[oresaid), the tollowing: storm vestibules, doors and w indows; window, door and porch screening, awnings, shades and blinds: furnace, stoker, gas and oil and electric burners and heaters, grates, radialors end registers, hot water heater and all heating equipment• motors, tans, incinerators, ai~ conditioners and ~entilators; ail lighting tixtures; wall, folding, roll out or disappearing beds; Ilnoieum; ice boxes. refrigeration units and equipmeat; kitchen cabinets and units; all utility unit seMions; r11[ such tixtures, turnishings and eyuipment are and ~hall be deem~d to be a permanent accession to the land oi buildings thereon wherein placed or installed and a part of 1he premises, and ~-ral prof~erty as betM•een the partles hereto and a11 parties claiming by, through or under them. TO HAVE AND 'PO HOLD the premises unto the ~tortgagee and the successors and assigns ot the Mortgagee for- e~•er, and the biortgagor covennnts: That he is law•[ully seized ot the prerniscs in tee simpie and has good right to mort- gage, sep and convey the premises; that the premises are tree from alI liens or encumbcances whatsoever Pxcept and untess hereinafter speciBcaUy stated, and the Mortgagor warrants and ~vill de[end the pmmises unto the Mortgagee, its successors and assigns against all claims and demands whatsoe~•er. THI$ MORTGAGE I5 GIVEN to secure compliance with and the pertormance ot the obligatjons and co~enants here- in ot the Mortgagor, and to secure the payment of a promissory note of even date herewith, the terms ot which are in- corporated herein by reterence, e~•idencing an indebteciness of the ~Iortgagor to the ~tortgagee in ihe principal sum of ' sSt7ffi~E~N THOUSAND AND NO/100------------------------------ noLt.atts ci 17,000.00 ? bearing interest t~m date at the rate ot ggVgn & th~@~ per centum ( 7 3/4 k? per annum on the unpaid balance, both interest and princi{~al be?ng payable monthly at the principal oHice of the Mort- gagee, or at cuch other piace as the hotder of the note rt?ay designate in w•riting, b~• monthl}• installments in the amount or One Hundred ~venty Eight and 52/100------------------------DOt,i.nAS cs 128.52 each, due and payable on the 1St. day ot rach and ei•erc month, commencing ~pt~lb@r , i9 72 except that monthly installment ;,ayments shail not extend bepond AUC3t1St 1 , 19 97 , on which date any principai and interest remaining unpaid shalt be due and paid in full. Prepayment may be made withaut penalty If the principat sum and interest are paid as in ihe note agreed and !he corenants and agreements herein conta[ned are fuliy kept, J,ertormed and complied with, then this Mortgage shall be dfscharged, but it detault occurs in the making .>t any payment or ac to any agreement. condition or covenant in the note or in ihis MoKgage required and agr+eed, the urtpaid -principa! sum, interest, aed all other indebtedness, the~ payment of which ia secured hereby, shall at the election State Docuanentary Stamps affixed to the original note and cancelled ~o~+c~ ~~913 . ~:~...w.~ W._. . - _ - - - ~