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HomeMy WebLinkAbout0028 $T-1.7.244 ~ . 23Q'~89 ~ ~ortgage THIS ~IORTGAGE, niade MdZ'ch 15 , 19 by and between ROBIItT R. ~uc~~xsR ~a s~xa~? M. ~c~, his wife . ot COL1T1ty Of St. LLICi@ , State o[ Florida, the "Mortgegor" (whether one or moce), anci J. T. 5TII~IART N[OdtTGAGE CO1~~ANY ~ INC . a corporation of the State oi Florida, having lts principal office and post oftice address at Coral Cables~ Florida, the •.~iortgagce.•• WITNFSSETH: The Mortgagor, tor good and ~•aluable consideration recef~-ed, and also in rnnsideraition ot the principal sum nnmed In the note hereinafter described, dces hereby mortgage, ~;rant, bargain, seA and con~ey unto the Mortgagee. its successors and assigns, all of the tollowing described lot or lots. tract or parcels of land. including therewith and as a part thereof, the buildings and improvements and all the tighta, water rlghts. privileges. hereditaments and appur- tenances, now or hereaiter fn any~~•ise appertaining or belonging thereto. and any part of any street or alley adjacent, \'ACAIfd or to be vacated, situated in the County ot St. Iil1C].@ State ot Florida, to-wft: L~t 14, Blxk 343, PORT ST. LUCIE SP~GTION zi~1SNPY FIVE, accordinq to the plat thereof as recorded in Plat Book 13, pages 32 and 32A thru 32D, of the Public Recorcis of St. Lucie County, Florida. R~lM~ tN MI~YEItT OF TA141IF~ . Ol~ OM «A1S'C IIRAqC14LE PE~90~1AL I~EW PUR,SIMN~ tb ~ 71•~~ Of 191aL~ dAI p~ItT -Ca1R~. ST. WCIE 00~ the "premises" herein. 7`OGETNER WITH (a> all the estate, right, title. interest, homestead, dower and right oi dow•er, separate estate, property, po~session, claim and demand whatsoever, as well in law as in equity, ot the Mortgagor in and to the premises and every part and parcel thereof. and (b> the rents, issues and pro8ts of the premises, and (c1 all fix- tures, furnishings and equipment now, or hereafter during the term oi thls hlortgage. belonging or attached to any build- ing on the land, or which are installed or placed in or about any such building for use as a part thereot in conjunction «ith the use or occupancy ot the building, including under the toregoing (but not limited to. or by special or genersl reference limiting or excluding any other flxtures. furnishings or equipment as aforesajd). the following: storm vestibules, doors and windows; window, door and porch screening, awnings, shades and blinds; turnace, stoker, gas and oil and electric burners and heaters, grates, radiators ~nd registers. hot water heater and all heating equipment~ motors, fans, incineratots, air conditioners and ventllators: ail lighting fixtures; waU, folding, roll out or disappeadng beds; linoleum; ice boxes, refrigeration units and equipment: kitchen cabinets and units; alt utility unit sectfons; All such fixtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or buildings tt~ereon wherein placed or installed and a part of the pmmises, and neal property as betvreen the parties hereto and all parties claiming by, through or under them. i TO HAVE AND TO HOLD the premises unto lhe Mortgagee and the successors and assign.Q oi the Mortgagee for- ~ e~-er, and the Diortgagor covenants: That he is lawtuUy seized ot the premises in tee simple and hag good right to mort- i gage, sell and rnnvey the premises• that the premises are free trom all liens or encumbrances whatsoever Pxcept and ~ unless herninafter speciflcally stated, and the Mortgagor warrants and ~vili defend the premises unto the Mortgagee, its successors and assigns against sII claims and demands whatsoever. THIS MORTGAGE IS GIVEN to secure compliance with and the pertormance of the obligations and co~enants here- ~ in ot the Mortgagor, and to secure the payment of a promissory note of even date herewith, the terms of whtch are In- corporated herPin by reterence, e~•idenring an indebtedness ot the ~Sortgagor to the ~iorigagee in tt?e principal sum oi ~ SEVENTEEN THOUSAND 74~T0 HUNDRSD AND NO/100-------------------- DpLL,pRSCil7l200.00 seven & three faurth ~ bearing interest trom date at the rate of per centum ( 7 s~Q n~ per annum on the unpaid balance, both interest and principal being payable monthly at the princtpal ot[ice of the Mort- gagee, or at such other place as the holder o[ the note may designate in writing, by monthly instaliments in the amount oc o,~e xu~axea ~,~rty ana o3/ioo----------------------------- noLLnRSCa i3o.o3 each, due and payable on the 1St. day ot each and e~-ery month, commencing ~Pt~n~@r 1 , 19 72; z ~ except that monthly installment pa}•ments shall not extend beyond AL1gL1St 1 , 19 97, on wh(ch date any ~ principat and interest remaining unpaid shall be due and paid in full. ~3' Prepayment may be made without penalty w, ~ ~ ~ ~ It the principal sum and interest are pald as in the note agreed and the co~•enants and agreemenis herein contained ~ are fully kept, pertormed and complied with, then this Mortgage shall be discharged, but i[ detault occuts in the ir.alcing uf any payment or as to any agreement, coadition or covenant in the note or in this bfortgage required and agreed. the ~ unpaid principal sum, interest, and all other indebtedness, the payment ot which is secured hereby, shall at the election ~ ~ State Documentary Stamps affixed to the original note and cancelled ~ , ~ 800K~ ~ ~ ~ ' . _ - - , ~ ~ ~ _ , , ~ ; . ~ ~ ~ ~ ~ v _ - .