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HomeMy WebLinkAbout1587 `o _ ~ IN M1fM[NT OI TA'~{ ST-1 i, f:•:.; ~ or+ cuts ~ in ~~u~ s~~ i~~°i'ie~r, ,~48859 ~1Nft 10 CFiAP' ~ IiMZ ~ ~ Cl~1rl Gti'~11 ~OOtN[f~ S~. i,11C~ 00~ ~ . ~ortgage THIS ~IORTCACE, niade ;,;~tY g , 19 72 by and betK•een D~•.-it:i 3. '_o~;l c.~utc2 Caxol i.,. ?oti:, I:'~s '.~_iE.+ °f COtulty Of Si:. LuCZe , State of Florida, the "iiortga~o~' (~chether one o~ more), an~ ,7 . T. STF~~IART rlOdtTGAGE CCL~ANY, INC . a corpcratiu~i of the State ot Floridn, ha~•ing its principal ottice and {w~t oftice addr2ss at Coral (:abic., Florida, the ..~lurtga~;ee.•. W1TNE~.S~Tl~: The \lortbagor, for good and ~•atuable considerntion rc~ei~ed, z~nd atso in consideratton nt tAe prIncipal suni named in rhe Rote heeeinatter desrribed, does herrb~• m~rtgag~. _.;ra+it, hargain, srll ~~d com•ey unto the 1?Iortgagee, its successors and assi~;n~, ail o[ the tollowing described lot or lots, tract or parcels ot land. including therea•ith and as ~{~art thereot, the buildings and improvements and all the rights, water rights, pririlegPS, hcreditaments and appur- tenpnces, now or hercatter in anv~.•ise appertaining or belonging themto, and uny .paK ot an~ stm-rt or ailey adjacent, ~•acated or to be vacated. situated in the County ot St. Ltici6 State of Fiorida, to-~sit: Lot 17, 31oc}: 254, POfftT S:. LLTCIE, SECTIdN SIX, as per plat thereoi on file in Plat Book 12, pages 36A thru 36D of the Public Records o~' St. Lucie County, Florida. , the "premises" herein. 1~OGETHER ~VITH (a) atl the estate, right, title, interest, homestead, dower and right of dow•er. separate estate, property, possession, claim and demand whatsoe~•er, as well in laic as in ec;uity, ot the btortgagor in and to the premises and ea•ery part and parcel thereof, and tb) the rents, i~ues and pro82s of the pmmisas, and lc~ all fi~- tures, furnishings and equipment now. or hemafter during the term of this 3?fortgage. belunging or 3ttached 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 conjuaction ~cith the use or oceupancy ot the building, including under the [urngoing (but not limited to, or by speCial or general mterence I:miting or excluding any other fixtures, turnishings or eyuipment as aforesaid~, the folluwing: storm ~estibules, doors ~nd winduws- window, door and porch screening, awnings, shr.des and blinds; furnace, stoker, gas and oil and electric burners and heaters, grates, radiators and registers. hot water heater and all heating ~quipment; motors, tans, incineraturs, air conditioners and ~•entilators; all lighting fixtures: wall, fulding, tol[ out or disappearing beds; linoleum; ice boxes, refrigeration units and equinment; kitchen cabinets and units; all utility unit sections: All such tietures, furnishings and eyuinnieni are and ihalt be decmed to be a permanent accession to the land or building~ thereon Khercin placed or installed and a part o[ the premises, and real ~ro(~ert}~ as DeLw•een the parties hereto and atI ~arties cIaiming txy~ through or under them_ • Td HA~rE AND TO HOLD the premises unto the ~fortgagee and the successors and assigns ot the Diortgagee for- e~•er, and the ~Iortgagor cocenants: That he is law[ully seized o[ the prenuses in fee simple and has good right to mort- gage, sell and convey the premises: that the premises are tree from alt tiens or encumbrances whatsoe~er pxcept and unless hereinaiter specifically stated, and the ~iorigager aarrants and ~~ill detend the premises unto the Mortgagee, its successnrs and assigns against all claims and demands w•hatsoe~-er. THIS ??fORTGAGE IS GIVF_N to secure compliance with and the pertormance of the obligations and co~enants here- in of the ~Iortgagor, and to secure the pa3ment oi a pmmi~sory note of e~~en date herewith, the terms of which are in- corporated herein by reference, ecidencing an indehtedne~s of the ~Iortgagor t~ the ~tortgagee in ihe principal sum of ~~rx FouR ~xousa:3n ~vD ~o/i.oo----------------------------- noL~ARS ~s a4,ooo.ao , bearing inferest trom date at the rate of SeVP.Ii & thr~ fOttrth per centum (7 3/4 r. ~ per annum on the unpaid balance, both intern~t an~ p?incipal being payable monthlp at the principal oHice of the Mort- gagee, or at such other place as the hotder ot tAe nnte may de~signate in x•riting, b~• monthl~ installmtnts in th~ amount ; ot O~e Ht~ndred Eighty One and 44/100------------------------- no~.~FtS ct 181. Q4 ~ each, due and payable on the lst . day of each and erery month, commencing Nove.-nber 1 , 19 72 ; excc•pt that monthh• installment pacments shall not extend be~ond OCtobeY I ,~g 9 i, on which date any principa! and interest remaining unpaid shal! be due. and ~~aid in full. Prepayr.,ent may be rr,ade without per.alty if the princiNal sum and interest are paid as in ihe note agreed and ihe co~-enants and agreements herein contained are tuUy kept, i~erformed and complied u•ith, then this :~tortgage shall be discharged, but if default occurs in the making o[ any- {,a}•ment vr as to any agreement. c~ndition cr co~•enant in the note or in tnis :?iortgage required and agreed, the unpaid principal sum, interest. and a11 o!her ir.debtedness, the pacmeni ot «hich is secumd hereb}•, shall at lhe electior. , ~iu~~ JOC~.:.-~ei:~a~.-y Sta:?ps afri;~ed to L~3A OT:.~iridl Z:OL@ c3I:C car,celled BOGK PdCE 1585 - _ _ _ . _ ~-~e~ . _ . . . _ - ~ ~ _s