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HomeMy WebLinkAbout2992 b~ r 230~c C ST-17 . 77G oJ ~~tg~ge _ THIS ~~ORTGAGE. made Aprll 27 , 19 7? by an@ between JOSEPH F. ~ ana ~a~s A. ~.s wiie Coeltl~y of St. Ltlc3@ , State ot Florida, the "I?iortgagor" (whether one or more), an6 J. T. STffi~+~ART MC~t`G~AGE C4N1PA?~TY, INC. a corporatlon ot the State ot Florida, ha~3ng its pr[ncipal of[ice and post oftice nddress at Corat Gables, Florida. the '•~toctgagee." ~ WITNESS~'TH: The Mortgagor, for good and ~•alua.ble consideration recei~ed, and also in cons[derat2on ot the pdncipal sum named in the note hereinatter descNbed. dces hereby mo~tgage, erant. bargain, sell and con~ey unto the Mortgagee, its successors and assigns, sU of the following descdbed lot or lots, tract or parcels of land. including therewith and as a part thereof, the buildings and improvements and all the rights. water dghts. privileges. hereditaments and appur- tenances, now or herea[ter in any~rise apperteining or belonging thereto, and any part oi any street or alley adjacent, ~•acated or to be vacated. situated in the County of ~Ci.@ State oi Florida~ to-wit: Lot 13, Block 39, ppltT ST, I,UCIg, SF~C,~TIp~i ~y_glyg~ according to the plat recorded thereof in Plat Book 13, pages 32 and 32A thru 32I of the Public Records of St. Lucie County, Florida. ~ M ~!R CF TJ~ ~tE OM OW''S'C IKTAtIGtE'.E ~f =ti,•+~. N:0?EW~. ~t ~ qy~i~ 71.13~. JICIS Of 11N~, ~~Ii00W~.~'~~~ the "premises" hereia. 1'OGETHEft WITH (a) all the estate, right, title, interest. homestead. dower and right of dov?er. separate estate, property, po~session. claim and demand whatscever. as well in law as in equity. of the Mortgagor in and to the premises and every part and parcel thereof, and <b) the rents, issues ared proflts of the premises, and (c) all fix- LurPS. furnishings and equipment now. or hereafter during the term ot this I?Iortgage. belongiag or attached to any build- ing on the Iand. or which are insWled or placed in or about any such buitding for use as a part theceot in coniunction with the use or occupattcy oi the bt~lding. tncluding under the toregoing (but not limited to, or by spedal or general reference limiting or excYuding any other Bxtures. furnishings or equipment as aforesaid). the followtng: storm vestibules, doors and windows; window, door and ponh screening, awnings, ahades and blinds; furnace~ stoker, gas and oil and electric burners and heaters. grates, radiators and rngisters. hot water heater and all heating equipment; motors. fans. incineratois, sir conditloners and ventllators; all lighting fixtures; wall, folding, roli out or disappearing beds; linoleum; ice boxes, refrigeration untts and equipment; kitchea cabinets and units; all utility unit sections; All such Hxtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buildings thereon whernin placed or installed and a patt of the premises, and real property as between the parties hereto and all parties claiming by. tl~rough or under tnem TO HAVE AND TO HOLD the premises unto the ~tortgagee and the successors and assigns of the Mortgagee for- e~•er. and the Mortgagor covenants: That he is lawtully seized of the premises in fee simple and has good dght to mort- gage, sell and convey the premises• that the premises are tree trom all liens or encumbrances whatsocwer pxcept and unless hereinafier speciflcaDy stated, and the Mortgagor warrants and will defend the premises unto the Mortgagee, its successozs aad assigns against all claims and demands whatsoe~e~. THIS MORTGAGE IS GINEN to secure compliance with and the periormance of the obligations apd co~enants here- in of the Mortgagor. and to secure the payment of a promissory note ot even date herewith, the terms ot which are in- corporated herein by reference, e~idencing an indebtedness of the 1Sortgagor to the :~Iortgagee in the principal sum of NIlJETSBN THOUSAND ON$ HUNDR~ AND NO/100--------------------- noLLwRSCt 19 100.00 ~ bearing interest trom date at the rate ot SeVen & one fot1Y"th per centum ( ~ ~ per annum on the unpa[d balance, both interest and principal being payable monthly at the principai office of the Mort- gagee. or at such other place as the holder oi the note may designate in writing, by monthly insj~llments in the amount ot One Hundred Thirty Eight and 09/100------------------------ noLLnRSCS 138.09 ~ each, due and payable on the 1St. day of each ande~•ery month, commencing OCtObP.l^ 1 , 19 72; except that monthly installment payments shall not extend beyond Septercu~er 1 , 19 9~, on which date any principal and interest remaining unpaid shaU be due and paid in [ull. Prepayment may be made withaut penalty If the principal sum and interest are paid as in the note agreed and the covenants and agreements herein contained arz tully kept, pertormed and camplied with, then this Mortgage shall be discharged. but if default occurs In the making ut any payment or as to any agreement, condjtion or covenant in the note or in this Mortgage required and agreed, the unpaid principal sum, interest, and a11 other Indebtedness, the~ payment of which ia secured hereby. shall at the election S~ate Documentary Stamps affixed to the original note and cancelled b~OK~•V~ PA6E~:a7(7~7 ~ "3 _ . _ . _ t'4."t"f.. Sa...«-a },C _,Za' ~Tnr:~}+d~ti_-....~ Tif