HomeMy WebLinkAbout1827 r+ia lNtT1~UN[NT PRlPAR~D sv: walter h. ~av~s to
ABSTR/?GT ae TITLE CORP. OF RIA.
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~ortgage
THIS ~IORTGAGE, made j~r~ Z$ , 1972, by and betwee»
ffiiNBS'P R. STtt1WSS a~nd I.ISBRTS STRAUS5, his Wife
ot pp~ty Of St. IalCi6 . Stete ot Florlda, the "Mortgagor" (whether one or more). anu
~ . i . ~Z'~p1I~' ~!i0RTG1~G8 COl~l1NY ~ INC . _
a corporation of the Stete ot Florids. havin~ lts principnl oftice and poat ofilce address at Coral Gables, Florids. the
••??iortgagee.•'
WITNESSETH: The Mortgagor; ior good and ~•aluable constderetion recehed. and alao tn consideration ot the principal
sum rtamed tn the note hereinatter deacribed. doea hereby mortgage, grant, bargein, sell and con~ey unto the Mortgagee.
its aucces.wra and assigns. all o! the foIIowln~ dacrtbed lot or lots, tract or parcels of land. includWg therewith and a~
a part thereoi, the butldtngs and imprnvements ~d all the rlghts, vvAter ri~hts. pdvileges. heredltamenta and appur-
tenances, now or hereafter in anyv~ise appertsiNag or belongir?g thereto. and aqy part of
any street or alley adjacent, ~ acated or to be vacated. aituated in the Couaty of $t ~ IAiCie
State ot F1oMda. twwit: ~
Lot l, B1ock 384, PQRT ST. I~lCII3, S~C"PION SIX, accordi.ng to the
plat thereof recorded in Plat Hook 12, pages 36A thru 36D of the
Public Rsco~ds of St. tucie (:o~unty, Florida
the "premises" herein. 4'OGETHEA WITH (a) all the estste. dght, title. lnterest, homestead, dower and right oi dower.
separate estate. property. posassion. claim and demaad whatsoever. as well in law as in equ[ty, ot the Mortgagor in and
to the premises aud every part and paral thereot. and (b) the renW. :~ea and pm8ts oi the premises, and (c) W fix-
tures. furnishlngi aad equtpment now. or hereafter during the tena oi thts Mortga~e. belon~ing or attached to sny build-
ing on the land. or wWch ue installed or placed in or about any such buildln~ for use as a part thereoi [n con,~uncUon
with the use or occupaacy ot the buildin~, iacludins under the foregoin~ (but not limited to. or by special or generel
reterence llmiting or excluding any other nxtures. furnishinBs or eqWpment as atoressid). the following: storm vestibules.
doots and windows; window. door and porch screenin~. awNngs, shades and bllnds; furnace. stoker. gaa and oil and
electsic burnen and heaters, grates, ndiaton and re~laten. hot water heater and all heating equipment• motors. fanF.
incinerators, air conditioners and ventilaton; all IlghUn~ ftxtures: wall, folding. roll out or dlsappearfng beda; linoleum;
~ ice boxes, refrigeratlon units and equipment; kitchen cabinets and units; all utility unit secdons;
I
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~ All such Rxtures, turnishings and'equipment are and shall be deemed to be a permanent accession to the land or building~
thereon wherein placed or installed and a part of the premises, and real property as bQtween the parNes hereto and all
psrties claim(ng by. t~rough or under them.
TO HAVE AND TO HOLD tbe premises unto the rtortga8ee and the successors and asslgns oi the Mortgajee for-
erer. and the aiort~agor covenants: That he 1s lawtully ae~ed ot the premises In fee simple and hat good ri~ht to mort-
gage. seA and ooavey the premires; that the premises are iree from all liens or encumbrances whatsoever Pxcept and
unless hereinafter specJIIcaliy stated. and the Mort~or warranb and wfll defend the premises unto the Mort~agee. its
succestors and asd~s against all clsims and demands whatsoever.
THI3 MORTGAGE IS GIVEN to secure compllance with and the pertormance ot the obligadons aad co~enanU here-
in of the Mortga~or. wd to aecu. e the payment ot a promisaory note of even date herewith, the terms oi which are in-
corporated herein by reference. evidencing an indebtedness of the ~Sortgagor to the :4tortgagee in the principal sum of
ffiGFtr~l THOUSl1i~ID AND NO/100--------------------------------~ot.i.~~ts <i 18 000.00 ~
beartng interest irom date at the nte ot seven & thr6e fourth per centum ( 7~3/4 yE ~
per annum on the unpsid balance. both fnterest and prirtclpal being payable monthly at the principal o~ice oi the Mort-
ga~ee, or at such other place as the holder of the note may desi~nate in writing, by monthly installments in the amount
ot One Nundred Tnirty Six and 08/100--------------------------DOLLARS(i 136.08 ~
each, due and payable on the l~ • day of each and e~~ery month. commencing Sept~ober 1 , 19 72 ;
except that monthly installment payments shall not extead beyond AuqtilBt 1 , 19 97 , on whtch date any
principal and interest remaining unpaid shall be due and ptid ln full.
Prepayment may be made without penalty
It the prindpal sum and interest are pdd as la the note agreed and the covenants and aQreements herein coatalned
are fully kept~ performed and compllM with, then thls Mort~a~e shall be disch~r8ed, but it defeult occurs in the maklnQ
of an~ payment or as to any a~reemen~ candidoa or covenant 1n the note or in thls MortgaQe required and aQreed. the
unpald princlpal sum, interest, and ali other indebtedness. We payment ot whlch is secured hereby, shall at the elecUon
State Docwnentary Stamps affixed to the original note and cancelled
~OOK~ ~1~