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HomeMy WebLinkAbout0847 . :o"r-- , n r , ; •~2 ~py 7 PN 3 : 33 ` This Instrument Was P~spared By: ~ ~ortgage dRUCE s. AussEU: ~ o , McCARTHV STEEI H~CTOR i~ OAVIS First tvationai Sink Bid~„ hliami~ FbcWp ~ THIS MORTGAGE, eucuced thi~ GrN day of ~lY~i~t''~'1~x t9~ at - Miami, Florida _ by WILLIE H. TAYLOR and LUI.A M. TAYLOR~ his wife of thc fint part~ ~ueinafter called the MortQago~~ wbich term a uscd he~ein in every instaace ahall include the MortgaQor's 6ein, e:auto~ •drninisua~ors, aucceswra, legal repraentativp aad assigaa, includiog aN subsequent grantecs, either voluntary by act of the panin or involun- iary by operation of law, snd ~6a11 deoote t6e tia~ular and/o~ plural. and tAe maaculiae aad/or fcminine, and ~~tural and/ot artificial per- wn~. wheocver sad whtrever the contc:t w ~equira o~ admia. to THE FIRST NATIONAL BANK OF MIAMI, a aatioaal banking auocia- tioo, of tbe aeoond part. 6creinafter caUed tbe Mortgagee. xbic6 term aa used 6erein i~ every iauance ~bal) include tee MortgaQee'~ succet- wn, legal repraentatives and aa~iges, including all aubsequent as~ignces, either voluntary by act of tbe pactip or iuroluntary by operat~p of IaK, WITNESSETH: ~ ,4a M - Tli:\T (or divcrs K«xl :~ud ~•alu:~bk ronside~.?tions, and also to sccurc the payment of the aggregate sum of money nam~d in th~ rom- ' usory nute uf et~rn clate hrrrN•ith, hrrrineRPr mrntiuned. togrther with interest thereun, a~d all other sums of money securtd hereby as ~ein- n~ :~fter pro~~ided, the \lortg.~gor does Qr.u~t, 6arKain, sell, alien, rrrnise, release, convey and contirm unto the Mortgagee, in fee simple, ~ j (A) the following land: Lots 23 .and 24, Block 3, of LITTLE RIVER .HIGHLANDS, according g i~ to the Plat thereof, as recorded in Plat Book 9, at Page 129, ; 1~ of the Public Records of Dade County, Florida. fi } North 140 feet of the South 240 feet of the North 456 feet of c~~ Block 2 of RoseSower Amended, a subdivision according to the 3 Plat thereof, recorded in ~lat Book 32 at Page 41, Public ~ i Records of Dade County, Florida. ~s ~ All of mortgagor's right, tit2e and interest to the following land: ~~~,,~r Lot 8, Blocic 2508, of Port St. Lucie Section 38, a Subdivision ~~E according to the Plat thereof, recorded in Plat Book 15, Page 29, of the Public Records of St. Lucie County, Florida; and . Lot 6, Block 2273, of Port St. Lucie Section 33, a Subdivision according to the Plat thereof, recorded in Ylat Book 15, Page T•,~ 1, of the Public Records of St. Lucie County, Florida. :ttis Mortgage secures real property situate in Dade and St. I,ucie Counties, Florida, and will be recorded in both counties. Mortgagor represents that the just valuation of the lands in Dade County is 99% and in St. Lucie County is 1%, and therefore of the total intangible tax due of S ?20.q0, $~217.80 is du~ in Dade C~unty and $2.20 is d~e i~ St. ~I~ci~ C~untv. fT) A 1 buil ings, strucwres, au impro~~emenu o e~•en daturc whatsoever now or erea ter situat on t c~ sai propErty, apd atl tixtures, ~n.~chinery. equipment and personal pruperty o( ccen• natur~ whatsoe~•er reow or hereafter ow~ed by the Mortgago~ and located in, un, or u~ed or intended to be useci ~n cunnrciiun with or wiih the oprration of said property, buildi~gs, structures or other impro~•ements, including :il1 extensions, additions, improcem~nts. bettcrmcnts, renewals and replacemenu to any o( the [oregoing; and all of the right, tiQe and interest ~~f the ~iorteacor in an~~ such personal properh• or fixtures subj~ct to a conditiona) sales contract, chatttl mortgage or similar lirn or claim «~kether with the benc(it of am• deposits or pa}•ments now or hereafter made by the moctgagor or on its behaU. Tognher RitL all and singular t6e teoemrnq, herediaments. easements and appuneoanca thereunw beloaging. or ia any wix apper- caining. ~nd t6e renta, ixsuea, and profia t6sreof, and a!w all the atate~ rig6r. title. interat and all claims and demands ~chatsoe~er, as .rell io law ~s in equity. of uid Mortgagor ia aad w t6e ~ame. and e~eq part and parcel thereof. and also cpecifically but not bp way of limita- tion aU gas and elatrie fi~unr. radiators, deatea. ~sater pumps, air conditioning equipmenti mu6inery. boilers~ rangea~ elevaton aod maora. bath tubi„ sink~, wster ebub. water basins, pipa, faucets, and othe~ plumbing and heaeing fisturea. mantel~, refrigerating plana and ice boza. window xrceas~ screea doors, venaiaa blinda, rnmica. aeorm a6uttero and awnings, w6ic6 are now or may hereafter pertain to or be uxd with. in or on said premisa, even thoug6 tLe~ be denched or deeachzble, are and ~hall be decmed to be fi:tura and acceswria to the free6old and a part of the realty. TO HAVE AND TO HOLD the samq together wit6 the aoements~ hereditamenb and appurtenaoca t6ereanto belonging~ and tbe renn, iuues ~nd profiu t6eteof, unto t6e ~aid Mortgagee. 'Ibe iaid I~tortgagur 6ereby oovenaan witb the said btortgagee t6ac tLe said Mortgagor is indefeuibl} seized ~vith the at+solute and fee dmple title to aaid property~ and ha full power aod lawful aut6oritp m~ell, convey, transfer and mortgage t6e same; t6at it sha11 be iawfui at any time 6ereafter for the Mortgagee to pextably :nd quialy enter upon, have, hold and enjoy said property, aad every part t6crcof; that ~aid prope~ty i~ free and diuharged from all liena, encumbrancei and claim~ of any kiod. including hzn and assusments, e:cept ebwe that ma~ be iet out above or hereinafter; t6at t6e Mortgagor will make at ~fortgagor's e:peme and tt rw e:pe~se to I~fortgagee aue6 ot6er and fur- ther aa~urancp to perfect t6e fee simple title to uid laad, fi:turq and personal property io t6e Mortgagee u mz~• 6ereafter be required; and that the Mortgagor hereby fully ~sarrann unto the Mongagee the title to said propcay aad ~ei(1 defend tbe same against t6e lawful claima and demaad~ of aU penon~ nLomsoever. NOW, THEREFORE, t6e ooeditiow of tLi~ mortg:ge are suc6 that if tbe Mortgagor a6dl well and truly pay unto t6e Mongagee thc indebtcdne» evidenced bp t6at certaio promiuory note of even date 6c~e~vit6, made by t6e Mortgagor and papable to t6e Mortgagee in the principal sum of One Hundred Ten Thousand and no/L00 DoLlars _ 110,000.00___ ehe froal pay~nent of ashich is due on - NOVembET fitti 1982 toga6er with auy aote or ootn hereafter ezauted b~• the Mortgagor herein bp and in accordance Rit6 paragrap6 sineen of thi~ mortgage ae Lereinatter ut forth and secured by the lien of this raortgage, toget6er ticith interest u thrrein stated, and a6a11 perform. comply ~cit6 and abide by eac6 aad evcry tbe atipulations. agreemenb, conditions and rn~e- nan~s contained and set forch in ~his mortg~ge and in the promiuory notc sccured 6ereby, t6en this noortgage and the euate 6ereby created shall cease and be nutl and roid. AND~ t6e biortg~gor does hereby covtnant and agree: l. To perform, eompiy ~sit6 tad abide by eac6 tad e:ery the uipul:tioos, agreements, conditions and covenana oontained and set fortb in ~aid promiuory note or nota, t6is mortQags and, if applicable, tLe ban agrcement betti•ecn the 111ongagee and Mortgagor. 2. To pay t6e indcbtednesa secured br t6is inurumeot aod according to the true tenor and effect of t6e promiswry nae hereinabo~e mcntioned or of any reacwal thereof. promptly on tLe day or day~ t6e sune sevcrally bccome due. 3. To pay~ before becoming delinquent, all obliQatioos, encumbranca, ta:a, asses~ments, paviog~ sidewaitc, sanitary aod other u~as- ment~. levia or licna, now or bereafter levied or iwposed upon or sgainst t6e mortgaged property~ and to e~ibit to the Mortgagee before such eazes, assasmcnta~ liens and encumbrance~ become delinqueat t6e of~cial receipq for pay~ment thercof, and if the aame or any part thereof be oot paid before b!coming detinqucnt t6e Mortgagee raay at any time pay t6e aame witb actrued interat and charga, if any, witbout w~ir- ;n~ or affecting Mortgagce's option to foralose t6i~ raongsge, or aar rig6t hereunder, and erery pay-ment w made ~hall bear ir.tereat from t6e daee ~hereof at the rate of ten per cent (10%) per ~onum. aad dl ~uc6 pspa~mb wit6 interat shalt be ~ccured br t6t lien 6ertof. That if a conveyance should be made b~ t6e Mortgagor of the premiu~ hercio dncribed or any part thcrtnf~ aitbout the written consenc of the Mortgagee and witl~out asaumptioa of the obligation. er~ated hereunda, in regular form of law bY t6e grantce of t6e Mortgagor, ehen ~nd -in that event and at the option of the Mortgagee and wit6out notice m t6e MortRagor, all aums of money aecured 6ereby ~ball im- mediately •nd concurrentl~ witb •uc6 eonveyance btaocne due wd psrable and in default whet6e~ or not tbe ~amt are w due and payable and in default b~ the ~peeific tcrm~ hereof. Florida Documentary Stamps in the amount of $165.00 have been affixed to i~ the original promissory note secured hereby and c~n~e,~,~,~dt ~~1 i ~~.j~ ~~~t~', r,~Gi ~ _ - - z _ . _ ~r . , _ ~'t .~,~,~'-s~~,~`~'isY.~~,. :S~'~~~' . ~:c~~.Z~'. ~ ~5~.~., } ~ I Y ° ,ws.,,~.~ , _ . . . " _ . . ~ _ . _ "ns~ .