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HomeMy WebLinkAbout0077 1~ ~ 8'1~-16, 709 • . ~ ~ortgage THIS ~iORTGAGE, made January 31 . 19 7~i by and betwetn ~ J. r~oca~ ~ ana ro~.~r J. Locic. ~a8 .r~ga o[ COlirity Ot Sti. LiC~g . Slate ot Ftorids. the "Mortgagor" (whether one or more). ano J. T. 8'1'~i1RT M~TGMs'E CQ~71NY~ II~1L.. . a rnrporation ot the State of Flodda. havia~ its principal oHice and post office addresa at Coral Gsbles, Florid~. the ••Aiortgagee." WITNESSETH: Tde Murtgagor, for good and ~aluable cansideration recei~ed, and aiso in conaiderstion ot the prlncipal sum named in the note hereinafter descdbed. does hereby mortgage, ~rant. t+argain. seU and convey unto the Mortga~ee. its sucoessors and assigns. all ot the follaoving de~ribed lot or lots. tract or parcels of land. induding therewitli and as a part therrot, the butldings and improvements and all tAe rights. water r[ghts. privileges. heteditaments and appur- teaances, now or hereaiter in anyv?lse appertelning or belonging thereto. and sny part of any street or alley ad,;acent, ~acated or to be vacated. situated Irt the County of St. LiC16 State of Florida. to-wit: Lot 3, Block 81. RtVffit p11R1C, UNIT 9, P71R'T "C• r a~ccording to tha plat thareof as recorded in Plat Book 15, paqea 28 ~?d 28i1 thru 28H of the Public Records of St. Lu~cie Dotinty, Florida. the •`premises" herein TOGE1'~~ER WITH (a) all the estate, rlght. ti11e, interest. homestead. dower and right of dower, separate estate. pmperty. postession, claim and demand what9oever. as well in law as in equity. ot the Mortgagor in and to the premises and every part and parcel thereof, and (b) the rents. issues and proSts oE the premisea. and (c) all IIx- tures. furnishings and equipment now. or hereafter dudng the term of this biortgage. belonging or attached to any bnild- ing on the land, or which are installed or placed in or about any such building for use aa s part thereoi In con~unetion witA the use or ocr.~upancy of the bullding. includiDg uader the foregoing <but not limited to. or by apectal or general reterence limiting or excluding any other Sutures, furnishfngs or equipment as aforesaid). the followtng: storm vest[bules. doors and windows; window. door and porch screening, awnings, ahades and blinds; turnace. stoker, gas and oil and electric buraers and heaters, grates, radiatois and registers. twt water heater and all heating equipment• motora, fanf. incinerators, sir conditionen and ventllators; all lighting fixtures: waD. folding. mll out or diaappearing beds; linoleum; ice boxes. refrigeration units and equipment; kitchen cabinets and units; all utility unit seMions; ; All such fixtures. furnishings and equipment are and shall be deemed to be a permanent accession to the land or Mdldtr?gt ; tAereon wherein placed or installed and a part of the premises, and real pmperty as between the parties hereto and all i parties claiming by. through or under them. i E TU HAVE AND TO HOLD the premL9ea unto the Mortgagee and the successors and asdgns ot the Mortgagee for- t eeer, and the Mortgagor covenants: That he is lawtully seized ot the premisea tn fee simple and has good right to mort- gage, sell and oonvey the premises: that the prnmises are tree from all liens or encumbrances whatscever Pxcept and uNess hereinafter spedScaUy stated. and the Mortgagor warreuits and will defend the premises unto the Mortga~ee. its successois and asst~s against all cla6ns and demands whatsoever. THIS MOATGAGE IS GIVEN to secure compliance with and the pertormance of the obligatfons and covenants here- in of tt~e Mortgagor, md to secure the payment ot a promissury note of even date herewith, the terms ot which are in- rnrporated herein by reference. e~idencing an indebtedness ot the ~iortgagor to the '.Korigagee in the ptincjpal sum oi RNffi~1'Y THO[JSi1ND 7~1D NO/100-------------------- noi.I.Alts (i 20,000.00 ) bearing intereat irom date at the rate oi SeveA & thrfle foqrth per centum ( 7 3 4 'X~ ~ per annum on tAe unpatd balance. both interest and principal being payable monWy at the prlncipal oaloe o the ~ort- gagee, or at such other place aa the holder of the note may designate ia wdting, by monthly installments in the amonnt o[ al~ HI~iD[i~ FIFPY OL~18 ~ND 20/].00 DOLLARS (t 151.20 ~ each, due snd payable on the lst. day oi each and e~~ery month, commencing ~Uqu~ 1 . 1972 ; except that monthly installment paymenta shall not e:tend beyond .~tily 1 . 1997 , on which dste any ~ principal and interest remaining unpaid shall be due and pald in full. ~ ~ ~ Prepal+~aent aay be m~de Witho~ut penalty. If the principal sum and interest are paid as in the note agreed and the covenants and agreements herein conta[ned are tuUy kept~ performed and camplled with, then tais Mortgage ahall be discharged. but !f default oecurs 1n lhe tnaking ot anY payment or as to any agreement~ condition or cavenant in the note or in this Mortgage required and s~~+ecd. tbe unpafd principal sum. interest. and aU other jndebtedneas, the payment oi which b secured hereby. shall at the election State Documentary Stamps affixed to the oriqfnal note and caricelled. ~c~ 4- ~G ~N r~r~err ar troae~ ~ cuE o~ aus ~c ~iwcieiE ~.a~ow~ ~+o~n. d00K~1 PA6E , IU ~r m cwirrat n-i~. ~crs c~ i~n. /~`O ~iara~ p.~ a~ ~r. s~. i,.r. ao. A.. ' : . - _ _ ~ ; ~f ~ ; x~~; _ - ~ ~ -