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HomeMy WebLinkAbout2782 . I°~.., f ,i ST-17,Z55 2'~~17'~ ~~tg~ge THIS MORTGAGE, made I~ltt~Ch 20 • 19 ~~y ~~~~n ~cw?ao a. n~creR ~a ~r W. n~crsR, his wife ot C041rity Of St. IAlC1A . State of Florida. the "Mortgagor" (whether one or more). an6 J. T. Sl'B~iA~C1' !llOttTGi~GE C~I111Y~ INC. a corpocaUon ot the State oi Flodda. havin~ its pdncipsl omoe ~a po6c oIIlce addreas et Coral GaDlea, Florida. the ~Dtortgagee - WITNFSSE'I~i: The Mortgagor. for good and ~•aluable cons[deration recei~ed, and also in consideration ot the principal sum named in the note hereinafter described. does hereby mortgage. grant. bargain. sell and rnnvey unto the Mortgsgee. ita sucoeasora and ~asigns, all ot the tollowing deseNbed lot or lots. tract or parcels ot land, including therewit!? and as a part thereof, the buildings and improvements and all the ri8hta. water rights. privileges. hereditaments and eppur- tenances, now or hereafter in anywise appertaWng or belonging thereto. and aay part of any street or alley ad~acent, ~•acated or to be vacated, aituated in the County oi T~1Cie State of Florida, to-wlt: I,ot 8, Block 250, PO~tT ST. T~)CZS, S~(.'T20N Sat, accordinq to the plat thereof recorded in Plat Hook~12, pages 36A thru 36D of the Public R,ecords of St. Iucie County, Florida. . ~1YED tl~ i~ ~11TA116t81F NPER9~ p ~~n ~~A~IT TO p1APTpt 71-134. A~'iS OF 19/1. I~GER PpITI~ ~j~ - CLERlI qAqllT GOtIRT, ST 1{~p~ the "premises" herein. 1~OGETHER WITH (a> all the estate. righ~ t[tle. interest. homestesW, daver and rig~it o dower. separate estate, property. pa~ses~ion. elaim and demand whatscever. as weA in law as in equltY, oi the Mortgagor in and to the premises and every part and parcel thereo~t. and (b) We renfs. issues and proSta oi the premises, and (c) all fix- tures, furnL4hings and equipment now, or hereatter during the term oi thls 1?iortgage. belonging or attached to any bWld- ing on the laad. or whlch are installed or placed in or about any such buUding for use as a part thereof ta co~unction with the use or occupancy oi the building. including undec the foregoing (but not limited to. or by special or general refereace limiting or excluding any other Satures. iuri?ialfinBs or e9WPment as atoresaW). the following: storm vestiDulea, doors and windows; window, door and porch acreening. awnings, shades and blinds; furnace. stoker. gas and oil and electrtc burnen and heaters„ grates, radistors aad reBistera, hot water heater and all heating equipment• motors, fans, incinerators, air conditioners and ventilators; all lighting fixtures; wall. folding, roA ont or disappearin8 beds: Bnoleum; ice boxes, relrigeraUon units and equipment; kitchen cabinets and units; all utility unit sections; ~ ,I t All such Sxtures. furnishings and equipment are and sha11 be deemed to be a permanent accession to the land or buildings thereon wherein placed or installed and a part oi the premises, and real property as between the parties her~to and all parties clatming by. throu8h or under them. Tp HAVE AND TO HOLD the premises unto the Mortgagee and the succeswrs and asslgns oi the Mortgagee for- e~~er, and the Mortgagor covenants: That he is lawfuUy seized of the premisea in fee simple and has good rlght to mort- gage. sell and oonvey the premiaes; that the premises are iree fmm all IIena or encumbrauces whatsoever Pxcept and unle~ hereinaiter speci~callq stated, and the Mortgagor warrants and will defend the premjaes unto the Mortgagee, its successon and a~s against all claims and demands whatsoever. TFIIS MORTGAGE I3 GNEN to ~ecure complianoe with and the pertormance of the obligatlons and co~enanb here- in of the Mortgagor. end to secure the payment of a promissory note~ of even dete herewith. the terms oi whlch are in- corporated herein by reference, e~~idencing an indebtedness of the Mortgagor to the !Vtortgagee in the prtndpal sum oi R1f~Y TAEtES THOUSAND AND NO/100------------ Dot.r.aRS <i 2~.000.00 ~ per centum t 7 5F 1 bearing interest irom date at the rate of & one hAlf per annum on the unpaid balance, both [nterest and principal being payeble monWy at the principal o![ice oi the Mort- eaQee. or at such other plece as the holder of the note may designate in wdting, by monthly installments in the amount ot One Hundred Sixty Nine awd 97/100-------------------------- noLi..alts ti 169.97 ~ each, due and payabie on the lst. day oi each ande~ery month, commencing S@pt@~b@r 1 , 19 7Z: except that monthly inataliment E?ayments shall not extend beyond A11quSt 1 . 19 9.7on whlch date any principal and interest remainfng unpaid shall be due and paid in tull. prepayment may be made without penalty If the pr[ncipsl sum and interest are paid ai ia the note agreed and the covenants and agreemeats herein rnnta[ned are tully kept, performed and complied with, then this Mortgage shall be diacharged, but if default occurs~ in the making ot any payment or as W any agreement, conditlon or covenant fn the note or in this Mortgage required aad agreed. the unpaid prindpal sum, interest, and all other indebtedneas„ the payment of which is secured hereby, shall st the election State Docwaentary Stamps affixed to the oriqinal note and cancelled ~ ~ _ ~ _ - ~ r~~ y,~`