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TMia iKSrauwa+t Prte~~aco sv: ~alter S. Davis
AB6TRACT a TlTLE CORP. OF FLA.
~O~ f. itiD /ORT p1ERCG i101110A
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THIS 11UIiTGAGl:, msCe iiai~.i, sa , ~e 72 1+.. ...d h.tv,,.~*,
~xo~?s R, osr~txaanr, sR, a~a sLraN s. asra~acm~r, t~s w~fe
ot COlitlty Of St. L~tCiB , State of Florida. the "Mortgagor'• (whether oae oe more), ano
J. T. S`1`~111RT M~~'PG~1rG8 COd~71L1Y, INC.
a rnrpora;t[on ot the State of Floridei, havipg its priadpal of'tice and post oftice address et Coral Gabla, Florids. the
•'Diortgagee."
WITNESsS~'T'H: The Mortgagor, tos good and ~~atuable consideratlon cecei~~ed. and also in consideratMn ost the prlncipal
sua~ named in the note hereinaiter deacdbed. does hereby martgage. grant. bargain. sell aad convey unto the Mortgsgee,
~ts auccessors and e~ssigns. all of the lollawin~ de~cribed lot or lots. trsct or parce4 ot land. includtng ttierewith and a=
a part thereot. the buttdings and improvezaents aad all the rlghta„ vvater rl~hts. privileges, hereditaments and appur-
tenances, now or hereatter in anywiae appertalning or belonging thereto. end any part o!
any street or alley aeljacent, ~•acated or to be vacated. sitwted in the County oi ~t~ j~,iC3@
State o[ Florida, to-wit:
Lot 3, Block 531, i~O~tT ST. LUCIS, S~CTION Tffi~t, accordiaq to tha pla~t
recorded thereof in plat Book 12, paqes 49 and 497~ thni 49G of the
Public Recoxds of St. I~ucie County, Florida.
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the •'premises" herEin. 1~OGETNER WITH (a) all the estate, right~ title. incerest. homestead. dovver aad right o~ ~er.
separate estate. property. pos~ion. claim and demand whatsoever. as well in Iaw as in equity. of the Mortgagor in and
to the premises ead every part and parcel Nereot. and (b) We reats. isaues and pro8ts oi the premL~es. and (c) all fix-
tures, furnishings and equipment now. or hereatter dwring the term oi thls Mortgage. belonging or attached to aay build-
ing on the land. or which are insWied ar placed in or about any such buitding tor use as a part thenwf in eo~unction
with the use or occupancy oi the building. inciuding under the foregoing (but not limited to. or by spedal or genera]
reterence 1Lniting or excluding any other Sntures„ furnishjngs or equipment aa atornsaid). the following; storm vestibules.
doors and wiudowa; window. door and porch screening, awnings, shades and bLinds; furnace, stoker, gas and oil and
electric burners and heaters~ grates. rsdiators and registers. ML water heater and ail heatlng equipmenf; motors. fans.
incinerators, air conditlonera end ventilaton; all lighting iixtures; wall. folding. roil out or disappearing beds; linoleum;
ice boxes, rnfrigeration unFts and equipment; kitchen cabinets and units; all utility unit gections;
All such $xtures, furnishings and eQuipment are and shsll be deemed to be a permanent accession to the lapd or buildingf
thereon wherein placed or installed and a part of the premises. and real pmperiy as between the partiea hereto and ali
parties claiming by. tMough or under them.
'PO HANE AND 7~0 FiOLD tLc premtses unto the Mortgagee and the successon and asslgns oi tbe Mortga~ee for-
e~•er. and the Mortgagor covenants: TMt he is lawtully seized of the premises ln tee simple and has good ,right to mort-
gage, sell and convey the premises; that the premises are free fmm ali Uens or encumbrances whaboever rxcept and
unless hereinaftes apednceUy stated, and the Mortgagor warnu?ts and will detend the pmmises unto the Mortgagee. its
successois and assigas against all cla;ms and demands whatsoever.
THIS MOAZ~GAGE IS GIVEN to ~ecure compliance with and the pertormance of the obligations aad cmenants here-
I' in of the Mortgagor. and to secure the payment of a promisaory aoGe ot even date 1~enwvith, the terms ot which art in-
~ corporated herein by reference. e~•idencing an indebtedness of the Mortgagor to the '_4iortgagee in the principal sum oi
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~ ssvs~rrsaN_Taons~n ~n rionoo-------------------------------- Do~RS c: ~.~,ooo.oo ?
t beartng intereat trom date at the rate oi Seveii & three foluth per ceatum ( 7 3/4~ 9E ~
t per anhum on the unpnid balance, both interest and principal being-payable monWy at the prindpal oII1ee oi the Mort-
~ gagee. or at such other ptace as the hoider ot the note may designate in writing. by rnonthly installmenis in the amount
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~ oi 0[ie I~undred TNenty Eight and 52/100--------------..---------DOLLAR3 ci 128.52 ~
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! each, due and payabie on the 1St. day o! each and e~~ery month. oommencing S@pt8~ib@r 1 . 1972 ;
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i except that monthly inatallment payments shall not extend beyond AUC~IlSt 1 . 1~7 , on whIch date any ~
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principai and interest remaining unpaid shall be due and paid in tull.
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~ Prepayment may be made without penalty
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; If the prin:ipal sum and interest are paid as in the aote agreed and the cove»ants and agreemenia hereln canWned
~ are fully kept, performed and complied with, then Ws Mortgage shall be discharged. but if detault occurs in the making
~ ot any payment or as to any agreement, conditlon or covenant !n the rate or in thls Mortgage requtred and agreed~ the
unpatd principal sum, interest, and a!1 other indebtedness, We~ payment oi wbich b serured hereby, shall at the election
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~ State Documentary Stamps affixed to the original note and"cancell,ed
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