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~ortgage j
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THIS ~iORTGAGE, made Jt1ri@ 5 , 19 72 by and betvveen '
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I~.s22•~I N. tiIELSEI3 and I?IuER HI~LSE.*I, hi S wi ie
of County oi St. Lucie , State ot Florida, the "~Iortgagor" lwhether one or more), an~ f
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J. T. ST~ rIQRTC,AGE CQMPANY , INC . •
a corporation of the State o[ Flortda, ha~•ing its principal ~ffice :+nd post oftice address at Coral Cables. Florida, the j
••~tortgagee." ~
WITNESSETH: The riortgagor, foc good and ~•aluabie consideration recei~-ed, and also in consideration of the principal !
sum named in the note hereinatter described, dces her.~U~• murtgage, ;;rant, h~rgain, sell and con~•ey unto the D~ortgagee, ~
its successors and assign~, all o[ the tollowing described lot or lots, tract or parcels ot land. [ncluding therewith and as ~
a part thereot, the buildings and improvements and all the rights, water rights, privilegcs, hereditaments and appur- ~
tenances, no~v or hemafter in anv~~•ise appertaining or belonging thereto, and any part of
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any street or alley adjacent, cacated or to be vacated. situated in the County ot $t ~ LuCie '
State ot Florida, to-K•it: !
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Lot 4, Alock 75, SOU'"i'ii PD.RT S`P. LUCIE, UNIT 5, according to the
plat thereof recorded in Plat Book 14, pages 12 and 12A thru 12G
o~ the Public Records of St. Luc~e County, Florida.
the "premises" herein. Z'OGETHER WITH (a) all fhe estate, right, tiUe, interest, homestead, dower and right of doKer.
separate estate, property, possession, claim and demand whatsoever, as well in law as in equity, ot the Mortgagor in and
to the premises and every part and parcel thereof, and tbl the rents, issues and pcofits of the premises, and (c) all fiw-
tures, furnishings and equipment now, or hereafter during the term ot this Alortgage. belonging or atlached to an~ 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 of the building, including under the foregoing (but not limited to, or by ~pecial or general
reference limiting or excluding any other Sxtures, turnishings or eyuipment as aforesaidl, the following: storm vestibules,
doors and windows; window, door and porch screening, awnings, shades and blinds; furnace, stoker, gas and oil and
electric burners and heaters, grates, radiators and rngisters, hot water heater and all heating equ[pment• motors, fans,
incinerators, air conditioners and ~•entilators; all lighting fixtures; wall, tolding, roll out or disappearing beds; linoleum;
ice boxes, refrigeration units and equipment; kitchen cabinets and units; all utility unit sections;
I Alt such.fixtures, furnishings and equipment are and shall be deemed to be a permanent accession to the land or building~
~ thereon whercin placed or installed and a part of the premises, and real pro~~ert~• as betW een the partles hereto and all R
~ parties claiming by, through or under them. ~
~ TO HAVE AND TO HOLD the premises unto the Jtortgagee and the successors and assigns o[ Lhe Mortgagee for- *
' e~•er, and the Dfortgagor co~enants: That he is lav~fully seized ot the premises in fee simple and has good right to mort-
~ gage, sell and rnnvey the prnmises: that the premises are free trom all liens or encumbrances whatsoever Pxcept and
unless heceinafter SpeciHcaUy stated, and the Mortgagor warrants and ~rill defend the prnmises unto the Mortgagee. its
successo~ and assigns aSainst all daims and demands whatsoe~•er.
THIS MORTGAGE IS GIVEN to secure compliance w•ith and the performance of the obligaUons and co~enants here-
in of the Diortgagor. and to securn the payment ot a prn~aissory note ot e~•en date herewith, the terms of which are !n-
corporated herein by reterence, e~•idencing an indebteciness of the ~fortgugoc to the ~3origagee in the principal sum of
~4~ITY ^sHOUSAND A?`:D :d0/100------------------------------------~OLI.AFtS (S 20,000.00 ?
bearing interest from date at the rate o[ Seven & tllree fourth per centum c 7 3/4 'dr ? z
per annum on the unpaid balance, both interest and principal being payable monlhly at the principul oHice oi the Mort- ~
gagee, or at such other place as the holder of the note may designate in writing, by monthl}~ installments in the amount t
f
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. r --------.~oLLARS (S 151.20 ~ ,
ot One :iundred Fi~ty One and 20/100------------------- ~
each, due and payable on the lg~, day of each ande~-erp month, commencing December 1 , 19 72; i
except that monthly instaliment ~a}ments shall not extend beyond idOVerL'~Er 1 , 19 97, on which date any
{~rincipal and interest remaining unpaid shall be due and paid in full.
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Prepayr,~ent nay be made w~ thoui: penalty
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If the principal sum and interest are paid as in the note agreed and the covenants and agreements he~~ein contained
~ are fully kept, performed and complied with, then this bfortgage shall be discharged, but if detault occurs in the making
~ ~:t any payment or as to any agreement, condition or covenant in the note or in this Alortgage required and agreed, the
unpaid principal sum, interest, and all other indebtedness, the~ payment of which is secured hereby, shall at the election
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S::aLe ~ocumen~~y Stanps a«i;:ed ~o ~he original note and cancelled
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