HomeMy WebLinkAbout0603 REAI ESTATE MORTGAGE / 5 ~ 3 . ~ ~ ~ ~~~i
2a~`~~98 (Plcaxc prinf or ty~~• all rwmrs arwl wld?cssesl ~0 ~ ~ /
TH1S NORTGACE. ~de ~h~. 2?_nd _aar ot~__ :;arch ls~_,
b) _ ~{@1~IZ9t}l QYlC~ 1•iA2' orie L• K96 ( tlu~band anJ ~~•i!e) (
- _ - -
. , ~atrtkr w,t ~lr„swwioa tb.t du na sNpt~•?
209 North 18th Street City ot ~''oY't. Pj.92`Ce ____~~allcd Alortgagon c~rcinl
liu> rr'f Addrrss )
Esther «illiams Pools Co. Inc.
co-- - -
~,f_ b001~ South Dale I;abry
I_ iw . Tai~a Florida ~
c c:w~u.ao~ :~adras ? l called I~f ortgagee herein j
~ ~VITA'ESSETH:
}
\ti'HEREr1S, Mortgagor as Buyer is punhasing c~rtaiu goocla and sen~ictiy or xn•ioe~ (call~vl Property lmprovements herein) from Mo[tgagee as ~
C.ontractor undcr a Home lmprovemeat la~tallment Contract (called Installment Contract herein) dat~~ 22 :1areY~~ , 19~_.
~~ith the rlortgagor(s) unpaid indcbtexln~s thereunder (nferrcd to therrin:u Tot:il uf Pa~Tnrnt+) txiug S~~412.2~ ,
~~.i:lenccd by a promissoiy note (heminaftc~ refern.~d to :u the "Note"). a ropy oF w•hich rppcan on the mvene sidc hcn,~of, to the order ~f Atort-
gagee payabk at the o~ces of General Electtic Credit Comoration At,18Ylta G@OY`$j.8
i~i_ _ 6o ronsec,~utive monthly, each instaUment in the amount of S- 81 • 87, exccpt the Gnal iwtallmcut ~~•hich shall be $ 81 ~ 8?
the fint installment payable one month from the date of completion of the property impro~•ement unless a di$erent fust payment date is iuserted
here the bal~ance d iushllments pa~
yaWe ~ even date ~f each w«eedina month thereafter until
fully . Tbe I~ote and I, allment Contract alw pmviding for delinquency and collection charges.
rOW, THEREFORE, to secure thc paycnent :uNi pedormance by ~tortgagor of the Note and the Imtallmcnt Contruct ancl thepe
dormanc~e ~
ti~c covenants henin cuntuincvl and to inducr Alortt;akee to enter into the lrutallment Contract with 1lortgagar aucl for other good and valaable
~~onsideratioa, ibe ieceipt where~ is hereby aclmowledged, the Mortgagor dces hereby grant, seA and convey to Mortgagee, the Mortgagee
s hrus,
executors, assigac or succes,wis, the following described real estate. situated ia the County of i.UCj.~ State of Florida
described aa fallows: . ~ •
T.ct~ ~^.~c 10, ~~?.~r,; Pnr:: ~u::c3iv~~io:; ~ccordin~; to tiie ~lat
_ Ll~er~c~' ~s recordec3 in Plat ~ooi: t; . I'~:~o 7~, I'ub'1ic ::e~crds
o~ St ~uc~o ;ount;~ I'lori:3~ ~ ~ -
- ~
b~•iug and intended to be the same pmmi~es rnnvey«I to Mortgagor by deeel dat~ 1-~~-~~~3 , recorded oa
',`~~''~~~3 19 in Fbrida, Boo~ ~ Page3II~'
S t :.~C? e
the Office of th~ Clerk of Court Qf e~„nty.
Together w~ith ihe improvements hereclitaments, aud appurteaances thereunto now or herr•rfter bcloi~ging, the rent~, i~ues and pro6ts thereof,
~~u~l 31l ficture~ now or hereafter attached to or usi.•d in connecNon with thc pmmius desrrilxd above. ~
1'u havc and to hold the above mortgage property unto the ~lbrtgagec, 111ortgagr.~'~ hrin, ~cecutors, adminutraton. successon or assigns, to
~turt~;3geei own proper uue, bene6t ancl behoof torever; pro~~idec! that upon ful) p:tyment and ~ ormance of the \ote and Installment Contract, and
th~~ k~rping and pertormance of all the covenants ~tatexl hemin, then this ~tortgage, the 11~ote an.. liutallment (:ontract ~}iall be null and void, other-
to rezaain in full effcrt. My renewal of the Note aod Installment Contract, or the extend"u?g of paymcut~ of any in~tallme~t thereof s6all not
S} ould
t~he premises abo~des~ribexi ~ or conveyecl or in the event any mechanics', matrrialmen ~a•orkmen'~, judgment or taz liens lie
' :~~,;~iii~t the premixs, or this or any mortgage coveri ~bremises shall be in default, on or aftcr the date herc~f ur should the t~ote or lnstallment
i (::,l~tract be in deEault, then the inclebtedne~ y, shall at thc option of liortgagee immediately become due and payable, anything
th~~r~in to tbe co~itra[y uotwithstanding.
i L'lwn such default or any defauk id the.perfprmance of the covenant~ herein, ~fortgagee may enter upc~n and take possession of the said ;
ini,e~, receive the rent~ and profits thereof ancl to apply the same tow•ard the payment of tarc~, upkerp of d~e property and the ful6llment of :
~ th~ co~enants of this mortgage; or at the optioa of Mortgagee, to cause a receiver to be appointed• or to sell or cause to be soW the property hereby i
m„rt<~;i~ecl and to rnn~•ey the same to the pumhaser, punuant to the statute in such case made and provided and out of the procecds of such sale to 1
r~ t.~i~~ thc moncy~ due under the ternu of thit mortgage, the oost aud charge of such ~ale, and the attorney's fee provided by statate, rendering !he !
,~.,r~~lu, money, if any, to the Aiortgagor. - '
~fortgagor ..~ll keep the premi~es fully insural against losc by 6re and lightning and such other ri,ks as :lfortgagee may require with insurance
~~~mp.iny or cY~mpanics satufactory to Afortgagcc, for t6e benefit of \tortgagee and i~~ defauit thcrcof l~fortgagee ma but shall not ~e o~bligated to )
ituure thc same. Such rapenditures for iruurance by Aiortgagee shall become so much additional indebteclness sccur~ hercby. Atortgagor shall pro~~dr,
:;E~~n~ ~fortgagres rc~ryuc~st, e~•idrnce of iiuuranc.~e corerages, ~ehich coverages shall also pro~ide Eor tea (10) days prior w~rittrn notice to 1lfortgagee uf _
.,~y ..~ncellation or material modi6cation of i~urance. ;
\o building on the premises shall be removed or demolished without the consent of ~tortgagee a~nd ~iortgagor co~•enants not to commit or permit ~
«a~tc of any kind upon or of said property.
\lorty,agorwill pay all taxes, asse.~ssments or water rates, and in default d~ereof, \tortgagee may pay the samc, but shall not be ob~ligated to do so ~
:,~,t~~ ithstancling the senuity hereby provided for such, 11~ortgagor shall be in default mder this mortgage, and the a~ount paid shall be so much ~
a~IcLtional indebteclness secured hereby.
The failure of 1liortgagor to pay any part of any installment of taxes, assessments or insurance preiqiums under the ~?3sja$ ,of thls mortgage
it th~• time or times when such items are due and pa~•able, shall constitute w•acte within the rr?eaning of applic~ble Florfda Mah? 7Ariy ~mounts paid
h;• \fortgagee for insurance, ta~ces, assessments aad water rates shall bear interest at the highest lawful contract rate, and shall be paid by 1ltortgagor
upon demand.
\tortgagor hereby relinquishes all rightr of homestead. ~ ~ t''
This mortgage shall inure to the benefit of the successors and a~signs of I~fortgagee and shall be bindingj~u~on the heirs, executors, successors
:,nd legal repnxentatives of I?tortgagor.
I~ ~YITNFSS ~VHEREOF, 11~ortgagor has signed this instrument on the day ancl year 6r~t above written. ;
Signed and Delivered ~ ~ ;
y
~
in the of: . . ;
~ t l• (If Mort ogor
. - M°rtg t~ fAa~, ~ ~
~ ~ ` fllust it8T1~ . ;
_ ~ 3
~~WtgigOf i
(tu»o u.3tneuet must ,sign) (t or print names b~h sig ` res) r
_ ~
Payment of this Mortgage is subject to the terms of a home improvement installment contract of even date ~
between Mortgagor and Mortgagee. , ~
S o D ~ ~tR~F ~P~ j ~
-ri~;s Instrument was PreP~ bY= 0 R ~ ~Q~ .~EPl. ~r~uf~ + , ~
:arol L;mn Swift BOOr 1 YAGE ^ ~ ~~r~~ ,
C!~ South Dale mabry ~i~ly e ~ o = ~ ~ ~p ~ s ~ , ~
c.aa~~.~ ~ _
~ ~ ~ :F~<~ 3;511
~ - - - - _
e ~ ~
~~R , - ~
~ ~ .
. , . _