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HomeMy WebLinkAbout2319 of 1 ~ S'P-17 , 798 23~3~.2 ~ortgage ~ THIS ~iOATGACE, msde A,pril 26 . 197~, by and between Mall'ON D. RI~SL ana 1~1Y F. RI~RL, his wife ot C01111ty Of St. I~iC3@ . 3tate oi Florida. the "Mortgagor" (whether one or more). anci J. T. STIi11i~RT MOEtTGAGS CQMBANY, INC. a corporation of the State of Flodda. havtng its principsi oi[Ice and pvst ~Mi~ address at Cora! G~?bles. Florids. the ..~,ior~gaKer." WITNFSS~'TH: Tt?e Mortgagor. tor good and ~aluable consideration recei~ed. and also in consideraUon of the principal sum named In the note hereinatter described. does hereby mortgage. grant, t+argain, seA snd convey unto tAe Mortgngee, its aucceasors and assigns, all oi the follu~wln~ descr[bed lot or lots, tract or parcels oi laud, including therewith snd es a part thereoi. the buildings and impmvements aacl ari the rl8hts, water ei~his~ privflegea. hereditements and appur- tenencea. now or heceatter Sn any~sise appertain[ng or belong[ng thereto. and any psrt oi any stceet or alley ad,~acent. recated or to be vacated. situated In the Coudty ot St. IIl1Cie State of Florida. to-wit: Iat 18, Block 249, I~O~ 9T. LUCI$, S~CPIaN SIX. according to the plat recorded thereof in Plat Book 12, paqes 36A thni 36D of the Public Records of St. Iucie Cbuaty, Florida. , ~~~'~E~ i~~ ~M~t~ ~ ~ Jl~ the "premises" herein. Z~OGF.'THER WITH <a> all the estate. dgh~ title. interest. h~r?estead. dovver and right ot dm~er~ sepsrate estate, pmperty. possession. claim and demand ahatscever. ~s weU in law as in equtty, of the Mortgagor in ann to the premises and every part and parcel thereoi. and (b) the rents, Issues and pro$b of the prem~ses. and tc) all fix- tures. turnishings and equipment now, or hereaiter dw3ng the term ot this MortBage. beloaging or attached to any bulld- ing on the land. or which are installed or placed in or about any such build{ag for use as a part thereot in oo~unction wfth the use or occ~pancy oi the bullding. includ[ug under the forngojng (but not 1[mited to. or~by special or general reference limiting or excluding any other Sxtures. turnishtngs or equipment ss aforesaid). the foAawing: storm vestibules, doors and windows; window. door and porch screening. awnings, shades and bliads; inrnace. stoker, gas and oil and electric bumera and heaters, grates. radiators and registen, hot water heater and all heating equlpment; motors. far?f. incinerators, air rnnditionera and veatilators; all 1[ghting fixtures; well. folding, mU out or disappear[ag beds; linoleum; ice boxes, refrigeration units and eqaipment; kitchen csbinets and units; all utiltty unit sections; All such Sxtures, turnishings and equ[pment are and shall be deemed to be a permanent accession to the land or buildings thereon wherein placed or installed and a part oi the premisas, ancl rPal prouerty as between the partles hereto and atl paittes clatTning by. through or undes them. TO HAVE AND TO IiOLD the premises unto the Mortgagee and the successors and assigns o! the Mortgagee for- e~•er. and the Mortgagar covenants: That he Ls lawfully seised of the premises in fee simple and has good right to mort- gage. sell and convey the premises: that the premises are tree tcom all liens or encumbrances whatsoever wxoept and unless hereinafter spe~:[Qcally stated. and the Mortgagor warrants snd will defend the premises unto the Mortgagee. its successois and assfgds against all claims and demands whatscever. THIS MOI;TGAGE T.S GNEN to secure compliance wtth and the pertormance ot the obligations and co~enants here- in of t1?e Mortgagor, aa8 to aecure the payment ot a promissory note oi even date herewith, the ternu ol wl~tch are in- corporated hereln by reterence, es~idencing an indebtednesa of the ~tortgagor to the :Vlortgagee in the ptindpal sum oi R41~Y SEVSN THaUSAND FIVB HUrIDRBD ~tdD NO?/1C30-------.-------- Doi.[.nxs (i 27,500.00~ bearing interest irom date st tht cate oi gg~ & pne half per centum ( 7~ Sf ? per annum on the unpnid balance, both interest and principal being p~yable monWy at the prtuciBsl o~ce of the Hort- gagee. or at such other place as the hotder ot the note may designate in writing. by monthly installments in the amount or Two Hundred Three ana 23/100------------------------------~noLtr?tts ci 203.23 ' each, due and payable on the ISt. daq oi each and e~•ery month, commencing QCtp~ , 19 7~ except that monthly inatallment payments shall not extend beyond 56~~1' 1 . 19 9'] . on whtch date any principal and interest remaining unpaid shall be due and paid in fuil. Prepayment may be made without penalty. Privilaqe is given to reduce mortgage and adjust monthly payment, without changinq tena of mcr~gagQ and no charge will be ma~de for this privilege. I[ the principai sum and interest are patd aa in the note agreed and the cavenants and agreements herein coatained are tully kept. pedormc+d and co~n~pHed with, then tAfs Mortgage shall be dkcharged. Dut if default occurs in the m~tking of any payment or as to any agreemen~ oondltlon or cavmant 1n the note or in this Mortga~e requtred sad agreed. the unpaid principal sum. intecest, and a11 other indebtedness. the ptyment ot whlch is tecured hereby, shall at the electlon State Documentary Stamps affixed to the oriqinal note and cancelled. ~b00K ~rV+~ f#Cf . - = _ - - - _ - ,