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Home My WebLink About0542 S -17 363 G~ / T , ~~VQ i i ~ ~ortgage APR ~ ~ THIS ~IORTGACE, made !~l 27 , 19 7Z by and between ~ 1~`~ JAMES P, o~r~ ~a $i~:sN a. o~r~, his w~fe ot COllrity Of St. L11C1@ , State of Florida, the "Alortgagor" (Hhether one or more), ann J. T. STEWART MOR'I`GAGE COMF'ANY , INC . a corporatlon oi the State oi Florida, hacing fts prtncipal office and post ottice address at Coral Gables, Florida, the '•\lortgagee." WITNESSET'H: The biortgagor, for good and ~•aluabie consideration recei~-ed, and also in consideratton o[ the principal sum named in the note hereina[ter described, does hereb~• mortgage, ;;raut, hargain, seli and com~ey unto the Mortgagee, its successors and assign~,~all o[ the following described lot or lots. tract or parcels o[ land, including therewith and as a part thereof, the buildings and improvements end aU the rights, watec rights, pri~•ileges, heceditaments and appur- tenances, now or hemafter in any~~•ise appertaining or belonging themto, and any part of any street or alley adjacent, ~~acated or to be vacated, situated in the County of St. Lt1Cie State ot Florida, to-w•it: Lot 16, Block 250, PORT ST. LUCIS, SEt.'TIaN SIX, according to the plat recorded thereof in Plat Book 12, paqes 36A thru 36D of the Public Records of St. Lucie County, Florida. REr:fNED ~ C~ !N ~ OF TA~ ~F 0!t CW'i tMfJ{NIGIB~ p~R~~ - HIa1Ml1~ TO C1NPiE~ Il•1~1. ACTS Of 1971. lqTMSi Cw# peait Qo~r~ St t+id~ Ca. ~ the "premises" herein. 'I'OGETHER WITH (a) all the estate, right, title, interest, homestead, dower and right of dow•er, separate estate, property, possession, claim and demand whatsoerec, as well in law~ as in equity, of the Mortgagor in and to the premises and eeery part and parcel thereot, and (b) the rents, issues and proSts ot the premises, and (c~ all fix- tures, furnishings and equipment now, or hereafter during the term of this hlortgage, belonging or attached to any build- ing on the land, or which are installed or placed in or about any such buitding for use as a part thereoi in conjunctfon ~.ith the use or occupancy of the building, including under the torngoing (but not limited to, or by specia! or genecal re[erence limiting or excluding any other Sxtures, furnW?ings or equipment as a[oresaidl, the following: storm ~•estibules. doors and windows; window, door and porch screening, awnings, shades and blinds; furnace, stoker, gas and oil and electric burners and heaters, grates, rad[ators and registers, hot water heater and all heating equipment: motors, [ans, incinerators, sir conditioners and ~entilators: all lighting tixtures: wall, folding, roll out or disappearing beds; linoleum; 7ce boses, rnfrigeration units and equipment; kitchen cabinets and units; all utility unit sections: i Atl such Rxturex, [urnishings and eyuipment are and shall be deemed to be a permanent accession to the land or buildings thereon wherein placed or installed and a part ot the premises, and real pro~~erip as betK•een the parties hereto and all ~ ( parties claiming by, through or under them. ~ j TO HAVE A~ID TO HOLD the premises unto the ~Iortgagee and the successors and asslgns ot the Mortgagee for- ~ e~•er, and the ~Lortgagor covenants: That he is Iaw[ully seized o[ the premises in tee simple and has good tight to mort- ~ gage, sell and convey the premises; that the premises are free irom all liens or encumbrances whatsoever Pxcept and unless hereinattec apeci8cally stated, and the Mortgagor warrants and ~eill deEend the premises unto the Mortgagee, its ^ successors and assigns against all claims and demands w•hatsoe~•er. ~ THIS D~ORTGAGE IS GIVEN to secure compliance with and the pertormance of the obligations snd co~•enants here- ~ in of the ~Tortgagor, and to secure the payment of a promissory note ot even date herewith, the terms of which are in- corporated herein by reterence, e~-idencing an indebteclnecs ot the ]Iortgagor to the ~tortgaRee in the principal sum of ~ F~O~tTY TIiOUSAND AND NO/100------------------------------------~LLARS(S 40,000.00 ~ ~ bearing interest trom date at the rate ot seven & three fourth per centum c7 3/4 Y? ' per annum on the unpaid balance, both interest and principal being payable monthly at the princ[pal oKice of the Mort- ~ gagee, or at such other place as the holder ot the note may designate in w•riting, b~• monthl}• installments in the amount ~ ot Three Hundred ~to and 40/100-------------------------------DOLLARS(S 302.40 ~ ~ each, due and payable on thP lst. day ot cach artd e~•ery month, commencing ~pteiaber 1 , 19 72 ~ ~ exce~~t that monthl~• installment ~a~~ments shail not extend be}•ond A11c~tlSt 1 , 19 97 , on which date any ~ ' ,~rincipal and interest remaining unpa:d shall be due and paid in tull. ~ s~ ~ Prepayment r~ay be made without penalty :a ~ a { lf the principal sum and interest are paid as in the note agreed and the co~~enants and agreements herein contained ; ~ an• tuli}• kept, ~~ertormed and complied with, then this Mortgage shall 'Se discharged, but i[ de(ault occurs in the making ~ ~.f any pa}•ment or as to any agreement. condltion or covenant in the note or in this 9lortgage tequired and agreed, the _ unpaid principal sum, interest, and ali other indebtedness, the payment of which is secured hereby, shall at the election ~ E ~ State Doc.vmentary Stamps affixed to the original note and cancelled ; ~ ~ ~ ~ x~; ~(j ~ BOOK ~V~ ~ ' ~ ~ ~ ~ _ - _ . . :