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HomeMy WebLinkAbout0198 ~ 23'7422 ; , ~ ~f N e :~~~-i~:~os j ~R~,~~~~~. ~y 4 s ~G~~'~~ ~ ~ ~ n~~ ~ ~ ~ ~ortgage ~ ~ i ~ , 1972, b and betw•een ~ THIS ~IORTGACE, made July 10 Y Courtland E. Colver, Jr. , and Pauline r. Colver, lii~ ~:i;e of County oi S~. LuCie , State of Florida, the "rlorigagor" (Whether one or more), anci ~ J, T. ST~~I~T 24a~tTG~1G~ COf iPA27Y, II3C . a corporation of the State of Flortda, haring its principal office and post oftice address at Coral Gables, Florida. the •.~Iortgagee." WITNESSETH: The Atortgagor, ior good and ~-aluable considerat~on mcei~-ed, and also in consideratlon of the principal ~um named in the note hereinafter described, does hereby mortgagc, :;rant, hRrgain, sell and con~~ey unto the htortgagee. its successors and assign~, all of the following described lot or lots, tract or parcels of land, includ[ng therewith and a~ a part iherno[, the buildings and improvements and all the rights, watcr rights, pri~•ileges. hereditaments and appur- tenances. now or hereafter in any~~•ise appertaining or belonging thereto. and any part ot any street or alley adjacent, racated ar to be vacated, situated in the County of St . Li~c? ~ State of Florida, to-K•it: Lot 19, 31xk 88 r a0~7`j':1 PORT ST. LUC~, iJ:~2IT FIVE, as per plat recorded ~ thereof in Plat BooY. 14, pages 12 and 12A thru 12G of the Public Records o_` St. Lucie C~.znty, I'loridu. the "premises" herein. 'POGETHER WITH (a) all the estate, right, title, interest, homestead, dower and right of dow•er. separate estate, property, possession, ctaim and demand whatscever, as well in law~ az in equity, of the Diortgagor in an~ to the premises and every part and parcel thereof, and (b) the rents, issues and pro8ts of the premises, and lc? all fi~- tums, furnishings and equipment now, or hereaiter during the term of this rlortgage, belonging or attarhed to any build- ing on the land, or which arn installed or placed in or abou[ any such building for use as a part thereof in conjunction ~vith the use or occupancy o[ the building, including under the foregoing (but not limited to, or by special or generai reference limiting or excluding any other fixtures, furnishings or equipment as afo*esaid), ihe tollowing: storm vestibules. d~rs and windo~~: win~iow, d~r and ~rch screenin¢. awninrts, shades and blinds; furnace, stoker, gas and oil and electric burners and heaters. erates, radiatots and rngisters, hot water heater and all heating equipment; motors, fans, incinerators, air conditioners and centilators; all lighting fixtures: wa11, iolding, roll out or disappearing ueds: jinuiruu~; ' ice boxes, refrigeration units and equipment; kitchen cabinets and units; all utility unit sections; ; Ali such fixtures, furnishings 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 rea! pro~,erty as betw•een the parties hereto and all ~ parties claiming by, t~rough or under them. ~ TO HAVE AND TO HOLD the premises unto the Jiortgagee and the successors and assigns of the Mortgagee for- e~•er, and the :~Iortgagor covenants: That he is law[uily seized ot the premiscs in fee simple and has good right to mort- gage, sell and convey the pmmises: that the premises are free trom all liens or encumbrances whatsoever Pxcept and ~ unless herninafter speciScaUy stated, and the Mortgagor warrants and ~vilt defend ihe premises unto the Mortgagee, its saccessors and assigns against all claims and demands ~ hatsce~•er. ~ THIS MORTGAGE IS GIVEN to secure compliance wiih and the performance of the obligat[ons and co~•enants here- iw of the Mortgagor, and to secure the payment of e promissory note of even date herewith, the tetms of which are jn- corporated herein by reference, e~-idencing an indebtedness of the ~fortgagor to the ~tortgagee in the principal sum of ~~Ti:':fl'Y O.dE 'P:IOli~A;:~ ii~2i.F. fIL:lt7R:D AND ;:O/100---------------- DOLLARS (S 21 300.00 ? bearing interest from date at the rate of SeVen & one hc31i per centum ( ~~i !xr ? per annum on the unpaid balance, both interest and principal being payable monthly at the principal office of the Mort- gagee, or at such other place as the holder of the note may designate in w•riting, by monthl}• installments in the amount ~ ot One I-?undred Fifty Seven and 41/100------------------------ ~LLARStS 157.r1 each, due and payable on the lst . day of each and ecery month, commencing J~nuaY' j 1 , 19 73 ; f t except that monthly installment Na~~ments shall not extend beyond JeCC31i~GY' 1 , 19 97 , on which date any {~rincipa( and interest remaining unpaid shall be due and paid in full. ~ a~ ; ~repa1r::ent :ray ae .:,ade c~ri~hout penal~1 ~ s It the principal sum and interest are paid as in the note agreed and the corenants and agreements herein contained ~ are tuliy kept, performed and complied with, then this Mortgage shall be discharged, but i[ detaul~ occuts in the making ~ uf any payment or as to any agreement. conditlon or covenant in the note or in this Afortgage required and agreed, the unpaid principa! sum, interest, and all other indebtedness, the~ payment of which is secured hereby, shall at the election ~ • - „ _l,._ ~ s ^ :2~_: ' .~i.2:~<^ ~'_i~~ ~.~E:2i_; tl :i-~cl.S.lj~ ~~"i1: ~O ~t1G Ci1~~:131 I'i0'CE uI1G' Cc1:7CC1.1@C: D ~ ~ ~ a OR ~ ~ a~K 206 ~~E 197 ~ y ' _ ~ -:j ~ .~.ry.,~ . ~ _ _ ?c.~ 4 ~.1'33 ~ . £ S.`.. .