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HomeMy WebLinkAbout0659 a~ ~ ` Z-, ` ' • ST-16,745 ~ortgage THL~ MORTGAGL. made M3rCh 20 . , 19 b~ aad between P71QL F. SH~1N and Hi1RY J. ~li~1N• his rtife ot CO~t1ty Of St. LltC~s . State of Flodds. the "Mortgagor" (whether oae oe more). and J. T. S'1'~i71ItT M~ C~lINY, II~1C. a corporatlon oi the State ot Florlda. havia~ its prtndpsl ot[ice and post oQice address at Coral Gabla, Ftorids. the "a'b'loii$S~." , : ZUe Mortgagor. for good snd ~•aluable consideration recehed. and alao in coadderattoa ot the princlpal sum named in the note hereir?after descrlbed. does hereby mortga¢e. grant. bargatn, sell and convey unto the Mortga~ee. its wccessors and assigns. all of the follo~vln~ deacribed lot or lots. tract or parceb ot lsnd. indudia~ tlrerevvlth aad ~ a part thereof. the buildings and improvements aod all the dghb. water si~hts. Pr[vile8es. lieredttaments and appur- tenances. now or hereafter in enywiae appertaining or bel~ging thereto. and any part oi any atreet or alley a~acent. ~ acated or to be vacated, s[tuated !n the (bunty oi ~ci9 State ot Flor[da, to-wtt: - ' Lot 1. Block 257, PC~tT ST. I~ICIB, S~(.TZON ZNffi~Y~'Ot1it, acCarding t0 the plat thereof recarded in Plat eook 13, pnqes 31 and 31A thru 3LC of the Public Records of St. Lucie County, Florida. R~EIY~ ~ 3~• M M~1~ ~ lll~ OlE ON dIISS ~C' INTIY161e1E rER5011AL MIOrER1Y, pu~r zo c~uarm n-~. ~crs af un Aos~ Pomas r?` ! . a.~ec capanr oouRr, sr. u~ ao, ~u the "premise~' herein. Z'OGE"l~iE.ft WITH ta) all t6e estate, right, tiUe. interest, hoinestesd. dawer and right o[ dower. sepsrate estate. ProPert3'. Po~dOA. c]alm aad demand what~oever. as well in law as 1n equity. oi the Mortgagor in and to the premi:es and eeery? Part and Parcei tbereot. snd (b) tLe rents. iswes and proSts of the premises. and (c) all fix- turea„ furaishings aad equipment now. or hereaiter during the term o[ tNs Mortga~e, belon~ing or attmched to aay build- ing on the Lad, or whtch are instelLed or placed in or about aay such building for use as a part thereoi in cou~unetion with the use or occupancy oi tUe buUding. induding under the foregoing (but not llmtted to. or by specW or geaeral reference limiting or exciuding any other ~ctures. lurdahiags or equipmeat as aforeaald). the follo~wing: storm vestibules. doora and windows; wlndaw?, door and porch screening. awNngs. shades and blinds; furnace. stoker. gas and oU and eleMric buiuers and hester~„ gntes, radiators and regi~ters. lwt we?ter hee?ter and nll heafing equipmeat; motors. fans. incineratoes. afr conditloners and ventilators; all lightiug Satures; vvall, tolding. mll out or dlsappearing beds; linoleum; ice boaces, rPfrigeratlon uNts and equipment; kitchen cabtnets and units; all utWty unit sections; All such Sxturea. furnishings and equip~nent are and shall be deemed W be a permanent accession to the land or buildings ~ thereon wherein placed or ins411ed and a part oi the premises, and rnal property as between the pudes hereto and all ~ parties dafming by, tdrough or under them. ' TO HAVE AND T~O HOLD the premisea unto the Mortgagee. and the succesaora and aai~ns oi the Mortgagee for- e~ er. and tde Mortgagor covenants: T7ut he Ls lawfully seised of the premises in fee ~nple and has good rl~ht to mort- gage, sell and oonvey the pre~nises; that the premises are iree fmm all ltens or eacumbrances whatsoever rxcept and unless herelnatta~ spec,lnc~ell~ stated. and tbe Mort~ag~or wanants and wiU defend the premises unW the Mortgagee, ita successois and adQns against a11 clalms at~d denut?ds whataoever. THIS MORTGAGL IS GIVEN to secnn complluue w[W and the perlormance of tNe obligatl~s aad covenaa4 here- in oi the Mortgagor. and to aecure the payment of a promissory note ot even date herewith. the terms oi which are in- corporated herem by reference, e~~Wencing an indebtedness ot the Mortgagor to the !Kortgagee in the p~lncipe?1 wm oi S~Effi~ T80USAND Si~ HONDRSD AND NO/100-----------------------nota.~xscs 16t600.00 ? bearU?g interest irom date at the nte ot sevei? & three fotlrth per centum ( 7 3/4 yF ? per annum on tl~e unpaid balance. both tnterest and princ~pal being psyable mor?thly at the piinclpal olHce oi the Mort- gagee. or at such other place as the holder of the note may desi~ate in writing. by monWy installments in the amount ot Qze Fhu~dred ZMenty Five and 50/100-------------------------~LLARSti 125.50 ~ each, due and payable on the 18t. daq oi each and e~ery month, commendng S@pt~r 1 , 19 7~ except that monthly instaUment paymenta shall not extend beyond ~qugt I , 19 9~ on wh[ch date any principal and interest remaining unpaid shall be due and paid in full. Prepayment may be made witho~ut penalty It the prindpal sum and interest are paid as fn the note sgreed and the rnvenaats and agreements hec+ejn cantaLned are fully kept, pedormed and complled with. then tliis Mort~age :halt be discharged. but it detault occurs fn the making ot any payment or as to any agreement, oondttlon or oove~?ant tn the note or in thls MortSage requiced aad a~need, the unpald princtpal sum, interest, and all other indebtedness, tt~e payme,-,i :,f :T:uic i;'s ~ccuiei~ i2i2`v~, aiiai~ ai si~e r.iei:u~i~ State Doc~maer?tary Stamps affixed to the original note and cancelled 60ROu 2rV~ ~ t _ - -