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HomeMy WebLinkAbout2654 ~o ~ ST-18,957 ^E~~ U J~~~~\~ \I.' ~ ~1;~~~ 234'724 3 ~ NG\9~~ ~J~~ l'~ ~^S ~\NIEq ~~,3~ ~S C~~ F~ s~°~ ot~ o J~~° 5~ ~ ~RS~R~ ~,~U,~ ~ ~ortgage THIS ~fORTGAGE, made June 19 , 19 by and between TI~ODOR.^•. W. SANFORD, JR. and VIRGINIA 2:. SANI`ORD, his ~~ife of County Of St. LttCi@ . State of Florida, the "Diortgagor" (whether one or more), anci J. T. STEWART r;ORTGAGE CQi•IPANY , It~C . a corporation o[ the State ot Floridn. ha~ing its principal uftice and post oHice add:ess at Coral Gables. Florida, the ••~tortgagee.•• WITNFSSETH: The Aiortgagor, tor good and ~•aluable consideration recei~-ed, and aiso in consideration of tDe prlncipal sum named in the note heminatter described, does hereb}• murt6agc, ~;rant, hargain, sell and coneey unto the hiortgagee, its successors and assign~, all ot the foUowing described lot oc lots, tract or parcels ot land, including therewith and as a part thereof, the buildings and improvements and all the rights. water rights, pri~•ileges, hereditaments and appur- tenances, no~v or hereafter in any~+•ise appertaining or belonging thereto, and any part of any street or alley adjacent, racated or to be vacated, situated in the County of St. I,l1Ci6 State of Florida, to-a•it: Lot 2, Block 3125, PORT ST. LUCIE, SECTIOZI FOR'~Y-FNE, accordir.g to the plat recorded thereof in Plat Book 16, pages 25 and 25A thru 25B of the Public Records of St. :~cie County, r^lorida. the "premises" herein. 1~OGETHER W1TH (a) all the estate, right, title, interest, homestead, dower and right of dov?er, separate estate, property, possession, claim and demand whatsoever, as well in law~ as in equity, of the Mortgagor in and to the premises and e~•ery part and parcel thereof, and (b) the rents, issues and proSts o[ the premiscs, and tc) all fia- tures, furnishings and equipment now, or herea[ter during the term of this ~Iortgage. 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 thereof in conjunction ~vith the use or occupancy ot the building, including under the Loregoing (but not limited to, or by special or general reference limiting or excluding any other flxtures, furnishin8s or equipment as a[oresaid), the following: storm Festibules. doors and window~s; window, door and porch screening, awnings, shades and blinds; furnace. stoker, gas and oil and electric burners and heaters, Brates, radiators and mgisters. hot water heater and all heating equipment• motors, fans, incinerators, alr condit[oners and ~•entllators; all lighting fixtures: wall, fotding, roll out or disappeat3ng beds; linoleum; ice boxes, refrigeration units and equipment; kitchen cabinets and units; all utility unit sections; v I All such fixtures. furnishings and equipment are and shali 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 propert~• as betv?een the parties hereto and aIl ! parties claiming by, through or under them. ~ TO NAVE AND TO HOLD the premises unto the lfortgagee and the successors and assigns of the Mortgagee for- e~•er, and the :~fortgagor covenants: That he is lawfully seized o[ the prnmiscs in tee simple and has good right to mort- gage, sell and convey the premises: that the premises are tree trom all liens or encumbrances whatsoever Pxcept and unless hereinatter speci8cally stated, and the Mortgagor warrants and ~s ill detend the prnmises unto the Mortgagee, Its successocs and assigns against all claims and demands whatsoe~•er_ THIS 21fORTGAGE IS GIVEN to secure compiiance with and the pertormance of the obligatfons and co~-enanta here- in of the Mortgagor, and to secure the payment o[ a promissory note oi e~en date herewith, the terms of which are in- corporated herein by reterence, e~~idencing an indebtednecS of the ~tortgagor to the ~iortgagee in the principai sum of t1IIiET~P7 THOUSAND SIX IiUiDR~D Ai3"il NO/100---------------------DpLLnRS cb 19,600.00 ~ bearing interest from date at the rate o[ seven dritl oIIe fOlir'r.ll per centum ( 7~ ~Xr ~ per annum on the unpald balance, both interest and principal being payable monthly at the principal oHice of the Mort- gagee, or at such other place as the holder of the note may designate in Kriting, b~• monthly installments in the amount of One tiundred Forty One and 71/100---------------------------~LLARS<S 141.71 ~ each, due and payable on the 15t. day of each ande~~ery month, commencing DeCP.TabeY' 1 . 19 72 eacept that monthly instaliment ~aS~ments sha!{ not extend beyond i3ovemi~er 1 . 19 9']. on which date any ~ ~ principal and interest remaining unpaid shall be due and paid in full. ~ ~ ~ - Prepaynent may be made r~ithout penalty If the principal sum and interest are paid as in the note agreed and the coa•enants and agreements herein contained arr lully kept, pertormed and complied v?~th, then this Mortgage shall be discharged, but it detaul~ occurs in the making ut Any payment or as to any agreement, condition or covenant In the note or in this biortgage required and agreed, the unpaid principal sum, interest, and all other indebtedness, the pa~•ment of which is secured hereby, shall at the election State Doctunentary Starnos a~fixed to tiie original note and cancelled 600K PAC~ IGU~ ~ _ _ . - : ~ , ~d..z e, _ . ~