HomeMy WebLinkAbout1924 ~o '
29'7423 This insttuaaent vri?s ~W'eWred by:
~ a~elaea 15tcLe_& au~caonty co.
P_~_0. ~.52_
MORTGAGE S~'
THIS MORT(~AGFE is made this 16~ -day of ~r , 19_ 74 ,
between tue ~Sortgagor, , ._1~i(~1AS_~1~N ~ at~d_A7~1E~ W. PF~, .h~.~ T~I~~_. . _ _ _ . .
- - • - - - . _ - - - . (herein "Rorro~~~r")~
- -
' ~.n.ti..n•f~ MO~1tv - - -
' ' . . . _ _ . _ . _ . _ _ . i
7111(~ t~1C ~Ol'~~@~ . `~j~~~~ j~~~~~ - h ~1i~lvitiiivii
organized and existing nnder the laws of F~tI~IA _ , whose nddres~ '
is _ 1394 Sr3rk+e11- Av~~ue,-Mia~od., Fl+o2i~d8 33131 _ (herein "I.eudr~.'•).
Wxsa~+s, Borrower i~ indehtc~cl t~ T.ender in the~principal smn af1~Y~~ ~
ffi1d Np~~,QO__($2~.,$0O.QO) Dollars, w•hich indebteclness is e~ridenced b~ Borrov~er's note of oveu
date herewitl~ (herein "Note"), pro~~idin~ for monthh installn~ents of princi~l and int~rnst, vrith
the balance of the indebted~~PSS, if not sooner ~xid~ due xnd T~?~ablc on Je[at~y l, A. D. 2003 ;
To Sxcv~tx to Lender (a) the ~~epayment of the indebtecine~.~ e~ ideuced b~ tlie :~'ot~•, itl~ intere,t
therem~, the pxyment of all other sams, with interest thereon, ad~~:~ncecl in nccordan~r liercv? itii to
protect the seeuritp of thi~ Mortga~e, and tl~e performauce of the con~enanis :~nd ng~r.eu~euts of
Borrow er herein contained, i~nd (1?) thc repa~ iueut of ainr futi~re ~id~ imce., ~ ith i~iterest tl~ereon,
made to Borrower by Lender pursu~nt to para~rxpli 2] Lereof (l~ereiu "Future ~~lviiuc~es"),
Borrt+ever ~~e~ h~rPb~ mortg~~, grant aud co»~ e~~ tu iA~nder the follo~~ in~ de.scrilx~d ~n~o~~ert~
locateci in the C•ount3 of ~Ci~e _ , Siaie oi 'r=iorieia; ~
--~L.. . . . _
Ivt 16, Block 141, Secti,oa 2T, ~T u~,
aooo~di~r~g to the PZat tty~eo~f, reao~~ied in t3~e
O~fi~ce af the CLexk of the Circuit C~ourt 3n aod
fo~ St . I~ucie County, Fla~rida, in Plat Book 14,
pages 5 and SA tin~a~gh SI, publi.~c re~amc~s
o ~ e~~~A.
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- ~ ~ a~ ~ n''~ ~
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TOGETHER K IYlI iil~ t~1C 11Tlpro~ ements no~~ ar hereafter erected on the prope~•t~, and ~ll easements,
rigl~ts, appurtenances, rents, ro}alties; mineral, oil ancl ri~ht~ and profits, ~rater, ~rater rirl~ts,
.~ud w 1te~• stock, and all fixtures no~~ or l~ereaftei• attached to the propertr, all of ~vhicl~, including
replacements and ndditionc tUeredo, ~Lall ix~ ileemecl to 1~ :~nd remt~in a part of the pro~mrty covered
br this ~tortTnge: and all of tl~e foreaoin„ to~ether Kith said Propert~ (or the leasehold estate
in t1~G r.~•ent this ~tortT~~c~ ic on l~asel~old) ar~ Lerein r~ferrnd to as the "Propert~
Borrower coc~en~~nts that Rorro~er is lan-ftill~ seisecl of the estate l~ereb~ con~e~•ed ~ncl lu~s the
rigl~t to n~ort~ag~, ~r~nt and c•m~~e~• tL~ Pro~rh-, th~t tl~e Propert~• is nnencumbered, and th~t
Borro«er w ill ~v~?rrant and def~ncl s;ene~'a1~It tlie fitle to the Pro~rtr ~rainst aU clainis nud demands,
subjc~ct to an~• easen~ents :uid re~trictions listed in s~ ~~hc~lule af exeeptions to co~~ra~e in nn~ title
insurance nolic~- insurin, I.ender's interest in th~ I'ropertr.
UriFOeu CovExex~. Borro~ver and i.~nder covent~ut and agre~ as follows~
l. Payment of Principal ~d Interesf. Borrower slu?Il ~~romptly pay when due the principal of and interest
on the indebtedness evidenced by the Note. Prepayment and late charge~ providctil in the Note, and the princi-
pal of and interest on any Future Advanc~ secured by thk ~fort~;age.
2 Funds for Taxes and Insuraace. Subject to I.endrr ~ o~tion ~mder paragrapl~s 4 and .5 hereof, Botrower
shall pay to I.ender on the day mon~.hl~ installments of princip~l snd intetest are ~uiyabte under the Note, until
the Note is paid in full, A sum (I?erein "Funds") equal to one-tnelftl~ of thc yearly tsixes and assc~sments ~vhich
may attain priority over this ~iortgage, and groi~ixl rents on tl~c Proi~erf.y, if any, ~ilus one-twelfth oI yearly pre-
mium installments for hazard insurance, ~las one-t«e1ttL of ~earh premivm installments for mottgage insurance,
if any, :tll as reasonably estimated initially an~l fro~n timc to tiwc hy i.cnder on thc bxsi~ of assessments and bills
and reasonable estim~t~ thereof. Thc Fimd~ ~I~all 1K• hcl~l in :~n in~tit~ition the dc~ita or accounts of which are
FLOAIDA-~~utc-urn-~ ~ s F~s BOOK PA6f
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