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HomeMy WebLinkAbout1252 ~ 1O / ~ sr-1~.s35 ` ~ . ; 231643 . ~ortgage ; TtiIS ~IORTGAGE, made rlay 1 , 19 7~ by artd betK•een ' Frank Sesti and Elodia G. Sesti, his wife and F~nanuele F. Sesti and Anna Sesti, his wife ~ of COUrit~7 Of St. LL1Cl.e , State ot Florida, the "~lortgaRor" lWhether o~e or morel, ano J. T. ST~TART MORTGAGS CQMPANY, INC. a cor{wration o[ the State ot Florlda, ha~•ing its principal .oftice and yost of[ice address at Coral Gables. Florida, the "~tortgagee." WITNESSETH: The Dlortgagor, for good and ~•aluable consideration recei~~ed, and also in consideration ot the principal suni named in the note hereinafter described, does hereb~~ mortgabe, nrant, hargain, sell and com•ey unto the 1?Iortgagee. its successors and assign~, all of the following described lot or lots, tract or parcels o[ land. including therewith and af a part thereo[, the buildings and impro~•ements and ail the rights, water rights, pri~•ileges, hereditaments and appur- tenances, no~v or here~+fter in an~nrise appertaining or belonging thereto, and any part of any street or alley adjacent, ~~acated or to be ~acsted, situated in the County of St. I,uCie StAte of Florida, to-~•it: Lot 10, Block ?4, RIVF.~t PARK, LTNIT 9, PART °C", as per plat thereof on file in Plat Book 15, pages 28 and 28A thru 28i3 of the Public Records of St. Lucie County, Florida. y~ IN MrMFM~ ~ ~ ~~'C NRI~ rt: ~ ,n~ll01 ~1 ~ 1~/). ~ ~ c ~ ~ ~ 11iC~ E1A the "premises" herein. Z'OGETHER WITN <a) all the estate, right, title, interest, homestead, dower and right of doa•er, separate estate, property, possession, claim and demand whatsoe~er, as well in laN as in equity, ot the Dlortgagor in anC to the premises and e~ery part and parcel thereot, and (b) the rents, issues and profits of the premises, and (c~ all tix- tures, furnishings and equipment now, or hereatter during the term ot this rlortgage. belonging or attached to any build- ing on the land, or vvhich are installed or piaced in or about any such building for use as a part thereof in conjunction ~vith the use or occupancy o[ the building, including under the forngoing (but not limited to, or by special or general reference limiting or excludin~ anv other Sxtures; furnishings or eyuipment as atoresaidl, Lhe following: storm vestibules, doors and windows; windoK, door and porch screening, awnings, shades and blinds; furnace, stoker, gas and oil and electric burners and heaters, grates, radiators and registers. hot water heater and ali heating equipment; mators, fans, incinerators, air conditioners and ~•entilatocs; all lighting tixtures; waU, folding, roll out or disappearing beds; tinoleum; ice boxes, re[rigeration units and equipment; kitchen cabinets and units; all utility unit sections: All such Rxtures, turnishings and equipment are and shall be deemed to be a permanent accession to the land or buildings thereon wherein placed or installed and a part of the premises, and real pro~~ert}• as betw~een the parties hereto and atl parties claiming by, ihrough or under them. TO HAVE AND TO HOLD the premises unto the ~tortgagee and the successors and assigns of the hiortgagee for- e~•er, and the liortgagor co~enants: That he is laK[ully seized of the premises in [ee simple and has good right to mort- gage, sell and com~ey the premises: that the premises are free trom all liens or encumbrances whatsoever Pxcept and untess hereinafter apeci8cally stated, and the Mortgagor Karrants and ~~ill detend the pmmises unto the 1?iortgagee. its successors and assigns against all clalms and demands w•hatsoe~•er_ THIS 3tORTGAGE IS GIVEN to secure compliance w•ith and the performance ot the oDligations and co~-enants here- . in of the ~iortgagor, and to secuce the payment of a pr~~missory- note ot e~~en date herewith, the terms of v?hich are in- ; corporated herein by re[ernnce, e~•idencin~ an indebtedne~s of the ~tortgagor to the ~tortgagee in the principal sum of i ~ TEN THOIJSA.'dD SSVF.'N i-IUt3DRED A2vD NO/100----------------------- DOLI.ARS tSZ0,~~00.00 ~ ~ bearing interest froin date at the rate o[ seven & one fOt1Z'th per centum l ? F per annum on the unpajd balance. both interest and principal being }?ayable monthiy at the principal olYice of the Mort- E gagee, or at such other place as the holder o[ the note may designate in vcriting, by montht~• installments in the amount ~ € ot Seventy seven and 35/100---------------------------------- ~LI-a?RSCi 77.35 ~ t each, due and payable on the ZSt , day of each and e~ erp month, eommencing tlovelnber 1 ~ lg 72 : e~c~~~rt that inonthly installment ;,a~~ments shall not extend be~ond OC~Ot.~I' 1 . 19 97, on which date any {~rinciE,al and interest mmaining unpaid shall be due and paid in fuli. f ~ f Prenayrient r.1a~ i~e made ~aithout penalty ~ ~ ~ if the principal sum and interest are paid as in the note agreed and the co~~enants and agreements herein contained :?r~~ futip kept, ~~erformed and complied with, then this tiiortgage shall be discharged, but if detault occun in the making ~ ~:f an}• payment or as to any agreement. condition or covenant in the note or in this ~fortgage required and agreed, the unpaid principal sum, interest, and all other indebtedness, the payment ot w~hich is secured hereb~•, shall at the eleclion State Decur;entar~ Star.~~ps affixed ~o the original note anci cancelled 800K 2~3 PAGE.L~~ ~ ~ - : _ ~ ~ ~z ~ ~ ~ ~ ' ~u ~ ~ , ~ - . _ i _ " . -~Jra" .