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HomeMy WebLinkAbout2634 k ~a{E 1~~ 2663$8 ' . / ~ ~ ~ ~s ~ MORTG~iGE (Patticipation) . , ~ , . ~ . This mortgagc made and eatered into this lSth day of August ~ 1973 , by and betMreen ALDOROUS J. TIDD and JOSEPHINE S. TIDD, his wife lhereinafter referreJ to as mortgagor) and SUN FIRST NATIONAL BANK OF LAKE WALES, a National banking corporation thereina[ter referred to as mu~tgagee?, who maintaiaa an ot~ce and place of buaineae at p. O. BoX 1200, Lake Wales, Polk County, Florida 33853. . W~TnESSSTt~. thst for the coneideration hereinafter stated. receipt oi which is hereby acknowledged~ the . ~norigagor dcea hereby mottgage, eell, grant, aeaiga, and convey unto the mortgagee, I~is aucceaeors aad aasigne, all oi the following deecribed property situated and being in the County ot OsCeola, ~ Scate of Florida. and ia the County of St Luc i,e, State of FZorida, and in the . County of Indian River, State of Florida. SEE SCf~DULE A ATTACHED HERETO NOTE: FLORIDA DOCUMENTARY STANiPS IN THE ~AMOUNT OF $375 HI~lVE BEEN AFFIXED TO THE ORIGINAL NOTE SECURED BY THIS MORZGAGE. ' ~..~cQ ~~1 i ta ~ = ~ ~ Y~ peJl~nt ot ~At ~ ~ ~ ~ Peisonal PwpiMa? w dus m(~ass C latan~?bM t~iJ O ~~j~ owwaot W Ch~Dts~ 71-134. laws d Flondll, V~ ~ ~ a~~ ~ Atts ot 1871. ~~i' ~ ~ ?1AfsRIS G. WWIEL. Ci~k d tDt ~ ~ p ~ a/ R:ceoM Go~ f1~' ~ Y ~ ' ~ - 1~. ~ a~ ~ m ' , i " In addition to aaid real property, thiE mort~age alao•covera and ioctndea all ot6er real property owned by ihe I mortgagor and uaed or kept for uae in connection with the buaineaa o[ the mortgagor, including all auch other real ' property which may be hereafter acquired by the mortgagor [or auch use. Together with and including all buildinge, ~ all fi:turee including but not limited to al) plumbing, heating, li~hting, ~~entilating, refrigeratinR, incineratiag, air ! conditioning apparatua, and elevatora 1 the mortgagor hereb~ declarin~ that it i~ intended that the iteme her~in ` enumerated ahall be deemed to ha~•e been permanently installed ae part of the realt~-), and all improvemente now ; or hereafter existing ihereon; the hereditamenta and appurtenancea and all other ri~hta thereunto belonging, or in ' anywise appertaining, and the reveraion and reveraiona, remainder and remaindera, al) ri~hte of redemption, and ' the renta, issuea, and profits ot the above degcribed properh• 1 provided, 6owe~er, t6at the mortgagor shaii be entitled ' to the poseeaaion of eaid property and to collect and retain the renta, i~.,ues, and profits until defauit hereunder). To ha~•e and to i~old the eame unto the mortgagee and the auccesaors in intereat of the mortgagee torever in fee aimple or auch other estate, if an}•, a~ ia atated herein. The mortga~or covenanta that he ia lawfull~ eeized and poaeeaaed of and ha6 the riRht to eell and comey eaid i i pro~?erl~-: that the Pame is lree from all encumbrancea except as hereinaboce recited: and that he hereby binde himself and hie euccersore in inteteat to warrant and defend the title aforesaid thereto an~l ever}• part thereof againat ~ the claims of al) peraona whomsce~•er. ; This instrument is ~i~~~n to aecure the ~~a~-mE•nt of a~~romis:or~ nott~ ~lat~•~I AUgUSt 15 , I973 : in the principal sum of ~250, 000. 00 , yi~ie~l b~ ALDOROUS J. TIDD and JOSEPHINE ` ~citaakidx S. TIDD, his w-ife ~ R oFFrc~a~ R~ce~~ _ ~001c ~ FAGF~~ . ~ c.~c. C~ 8001~ ~iWF ~ `B.~ Fws 92R (10.711 Preai~n~ Edities~ ~re Obieletr . _ 'n= , . . . . . ~