HomeMy WebLinkAbout1425 iti~
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~Cortgage
TtiIS ~IORTGACE, made May 1 , 1972, by and between
Michael J. Lauritano and Lillian J. Lauritano, his wife
o[ COllrity Of St. LL1Cie , State of Florida, the "Dlortgagor" (~+•hether one or more), anci
3. T. STEWART MORTGAGS CO~ANY, INC.
a corporation o[ the State of Floridn, having its principa! oftice ~nd {wst oftice address at Con,l Cables. Florida, the
•.~Iortgagee...
WITNESSETH: The Diortgagor, for good and ~•aluable consideration recei~ed, and also in consideratton of the principal
,um ~amed in the note hereinatter described, does herrb}• murtgage, ;;rant, hlrgain, scll and cona•ey unto the Dtortgagee,
its successors and assign~, atl of the following described lot or lots. tract or Parcels o[ land. including therewith and as
a part thereot, the buildings and impro~•ements and all the rights, watcr rights, pri~•ileges, hereditaments and appur-
tenances, no~v or hereatter in any~~•ise appertaining or belonging thereto, an~ any part of
anp street or alley adjacent, ~~acated or to be ~•acated, situated in the County of ~Ci@
State ot Florida, to-w~it:
Lot 7, B'_ock 81, RIVER PARK, UNIT 9, PART "C", as per plat thereof on
file in Plat Book 15, pages 28 and 28A thru 28B oi the Public Records
of St. Luc?e County, Florida
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the "premises" herein. 'I'OGETHER WITH (a) xll the estate, right, title. ~nterest, homestead, dower and right of dov?•er.
separate estate, property, possession, claim and demand whatsoever, as well in law~ as in equity~ of the Diortgagor in and
to the premises and e~~ery part and parcel thereoi, and (b) the rent>, issues snd pro8ts of the premises, and (c) all fix-
tures, furnishings and equipment now, or hereafter during the term o[ this biortgage, belonging or attached to any build-
ing on the land, or which are installed or placed in or about any such Uuilding for use as a part thereot in rnnjunction
~~•ith the use or occupancy o[ the building, including under the foregoing (but not limited to, or by special or general
refernnce limiting or excluding any ather Sxtures, furnishings or eyuipment as atoresaid/, the following: storni vestibules.
dcwrs and windows; window, door and porch screening, awnings, shades and blinds; turnace, sloker, gas and oil and
electric burners and heaters, grates, radiators and registers, hot water heater and all heating equipment: motors, fans,
incinerators, air conditioners and ~•entilators; all lighting fixtures; wall, folding, roll out or disappearing beds; linoleum;
i ice boxes, re[rigeration units and equipment; kitchen cabinets and units; all utility unit sections;
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F All such fixtures, furnishings and eyuipment are and shall be deemed to be a permanent accession to the land or buildings
~ thereon ~vhemin placed or installed and a pa~t ot the premises, and real pro~~ert~• as betw•een the parties hereto and all
~ parties claiming by, through or under them.
TO HAVE AND TO HOLD the premises unto the \fortgagee and the successors and assigns o[ the Mortgagee for-
e~-er, and the Diortgagor covenants: That he is la~r[ully seized ot the premiscs in fee simple and has good right to mort-
gage, sell and convey the premises; tha[ the premises are tree trom all liens or encumbrances whatsoever Pxcept and
unless hereinafter speci8cally stated, and the Morigagor warrants and ~~•ilt detend the premises unto the Mortgagee, its
surcesso~s and assigns against all claims and demands K•hatsoe~•er. .
THIS '~IORTGAGE IS GIVEN to secure compliance w•ith and the pertormance of the obligatlons and co~•enants here-
in o[ the biortgagor, and to secure the payment o[ a promissory note ot e~•en date herewith, the terms of which are in-
corporated herein by reterence, e~•idencing an indebteclne~s ~f the ~iortgagor t~ the ~tortgagee in the principal sum of
ZWE~tiITY Zir]O THOUSA:iD At1D NO/100------------------------------ noLLaRS (S 22,000.00 ?
bearing interest from date at the rate of S@v0n & three fOtlrtil per centum ( 7 3 4 !k ?
per annum on the unpaid balance, both interest and princi{~al being payable monthly at the principal ogice o the Mort-
gagee, or at such other place as the holder o[ the note may designate in ~criting, b}• monthly instaliments in the amount
t
ot One Fiundred Sixty Six and 32/100--------------------------- ~LLARS<a 166.32 ~
rach, due and payable on the 15t . day of cach and e~•er.• month, commencing NOVem2~Y' 1 , 19 72:
exc~•pt that monthly installment ;,a~~ments shall not extend beyond pCtO'.~Y' 1 . 19 9"], on which date any
~ j,rincipal and interest remaining unpaid shall be due and paid in [ull.
~
~ Prepayrnent may be nade without penalty •
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It the principal sum and interest are paid as in the note agreed and the co~•enants and agreements herein contained
;?rr tuily kept, ~~erformed and complied with, then this btortgage shalt be discharged, but if detault occurs in the making
any E~ayment or as to any agreement. condition or co~•enant in the note or in this lfortgage required and agreed, the
unpaid principat sum, interest, and all other indebtedness, the~ payment of which is secured hereb~•, shali at ihe election
State Docli.~nentary Stanps a`iixed to icne original note and cancelled
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