HomeMy WebLinkAbout2776 /
i°
. ~s
.
. . ~-~~.z3~ ~569
~Co?rtgage
THI3 MORTGAGE. made M~Ch 15 . 1972ti _by and betwepn
Quinton R. S~ith, a single adult
ot ~ntY Og ~cie . State oi Florlda. the ••Mortgegor" (whether one or more). and
J. T. 9'1'~i~l' M~tTG~1GE Cal~lPANY~ INC. -
a corporation ot the State of Flortda, having [ts prtnctpal oHtce and post ogice nddress at Coral Gablea, Florida. the
•.riortgagee.••
WITNESSET'~i: The Mortgagor. for good and ~~aluable consideration receired, and atso in conaideraUoa ot the principal
sum named In the note herelnaiter described, dces hereby mortgage. arant. bargain, seII and convey unto the Mortgagee.
its successois a~d asstgna. all of the followiug descdbed lot or lots. trset or parccls oi land, lncluding therewith and as
a part thereof, t he buildings and lmprovements and all the rlghts, water rlghfs„ privtleges. herMttaments and appur-
tenances. now or hereaiter in anywlse appertatning or belonging thereto, and any part oI
any street or alley ad~acent. ~•acated or to be vacated. situated In the Couaty of St. LtlC3@
State ot FloNda, to-wtt:
• Lot 7• Block 74, RIVSR pA1tIC, UNIT 9, PI1RT "C", accordinq to the p2at
thereof as recorded in Plat Book ].5, pages 2$ and 28A thru 288 of the
Public Records of St. Iucie County, Florida.
R6CEIMED S.. iN PAYMEN~ OF TI~
~ D!~ ON CU1SS'C' INTAN6IBLE PER90NAL PROPERtY.
p~RStW1i jp qIAPTER ~1•13t. A~TS OF lyll.~~~
. im6~R PORNIIS
CLERII qAGJII ~blfitf. ST. lllClE 00.. F1/l
the "premLses" herein. TOGE1~3Eft WITH (a) all the estete. right, tlUe. Wterest, homestead. dower a~ right oi dower.
separate estate. property. possesdon. claim snd demand whatsoever, as well in law as in equtty. ot the Mortgagor In and
to the prcmises and everq part eud patroel Wereoi. and (b) the rents, issues and pm8ts of the premises, and (c) all i"uc-
tures, furnishinga and equtpment now~ or hereaiter dudng the term oi this Mortgage~ belonging or attac6ed to any build-
ing on the land. or which are inatalled or placed in or about any such buflding tor use as a part thereot in rn~unction
with the use or occupancy oi tbe bu32ding, including under the foregoing (but not limited to. or by special or general .
reference limiting or excluding any other Sxtures, furnishing,s or equipment as aforesstd), the followtng: storm vest~bules,
doors and windows• window. door and porch scirening. awninga. ahades and blLids; furnace~ stoker. gas and oil and
electric buruers and heatera, gratea. radiators and registers, twt water heater and all heating equipment; motois. fans.
incineratois. alr condiUoners and ventflators; all Hghttng fixtures; wail. tolding. rntl out or disappeating beds; linoleum;
ice boxes, reirigeration units and eqaipment; kitchen cabinets and uNts; all utility unlt sections;
All such Sxtures„ furniahings and equipment are and shali be deemed to be a permanent accessioa to the luM or buildings
thereon wherein placed or installed and a part of the premues, and real property as between the parties hereto and all
parties clsiming by, through or under them
'1~0 HAVE AND 1~0 HOLD the premLsea unto the Mortgagee and the successors and asstgns ot the Mortgagee for-
e~~er. and the Mortgagor covenauts: That he is lawfully seized of the prnmiaea in fee simple and has good r~ht to mort-
gage, sell and convey the prem[ses; that the premises are tree from all Iiens or encumbrances whatscever Pxcept and
unleas hereinatter sped~eally stated. and tbe Mortgagor warranta and will defend We premiaes unto the Mortgagee, its
succeawis and asdgns against all claims and demands whetsoever. .
TIiI3 MO~tTGAGE I3 GIYEN to secure compllance wlth and the performance of the obligations and covenants here-
in of the Mortgagor, and to secure the payment of a pmmisaory note of even date herewith, the tern~s of whict? are in- -
rnrporated herein by reterence, e~3dencing an indebtedness of the Mortgagor to the '.Vlortgagee in the prlndpal sum of
S~T88~1 THOUSAND FZVS Ht?NDRBD AND NO/100--------------------- mt.t.Atts c{~ 364500.00 ~
beaiing intetest trom date at the rate of SBVAi1 &~@8 fOlirttl per centum ( ~ ,~{r ~
per annum on the unpaid balance, both interest and priacipal being payable monthly at the pr(ncipal o~ce oi the Mort-
- gagee, or at such other place as the holder of the note may designate in writing, by monthly f~stallmenta in the amount
ot Ate FI~.u?drecl '1Wetlty Four and 74/100----------------------- noLLARS ci 124.74 '
each, due and payabie on the lgt~ day oi eaeh ande~•ery month, commencing ~Pt~r 1 , 19 ~2-
except tAat monthly installment payments shall not extend beyond AL1c~LtSt 1 , 19 97, on whlch date any
principal and interest remaining unpaid shall be due and paid in full.
Prepayme~nt may be made ~tithout pe~na].ty
It the principai sum and interest are psid as [n the aote agreed and the covenants and agreements heceln coatained
are tully kept, pedormc+~ and complfed with. then Ws Mortgage shall be dlscharged, but [f default occua in the making
of any payment or as to any agreement, condition or covenant in the note or in this Mortgage requlred and agreed. the
unpald princlpal sum, Interest, and all other Indebtedne~. the payment of which is secured hereby. shall at the election
State nocim,eritary Stamps affixed to the or~ginal note ~nd cancelled
S~~
_ _ -
~ , . _..v~ _ _
. _