HomeMy WebLinkAbout1619 REAI ESTATE MORTGAGE ~
(Plcase print or type a/! rwm~•s w~d uddresses) ~~~O~Q
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Tli15 NORTl;AGE. ~dC tht~__1$th ----_day ~r_~ Februaz y _ 1s75
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,,t ~15 NO. iZ1St stT~~__---- City o( _ I''~__P~~'rCe ~ F10~'.~,~.~L._ -----lcallcd I?tortgagor herein)
Nu.rla Addrrsal .
<<, _ All-Craft Construction Co.,Inc. _ _
502 S. Lake Formos Dr v~_O~~Q_~ F~Qrida 3Z~O~ _(called Mortgagee herein):
( C,patra~tor's Address )
wtTNESS~rtt:
11'kiENEAS, Adortgagor a~ Buyer u purch~uing cectain gc~odx and servi~+y or service~ (callc~l Yroprrty ltnprovement? herein) from Mortgagee as
(~~utractcx under a Home lmpro~eme:nt Imtallment Contract (called In~talLnent CuntraM herein) dat~~ February 1~ ~ 19~.
~.~~th th~• \turtba~;or(s) unpaid ipdebteti6i~s. thercuuder (ridernd ta tlu•reii? as "Putal uf 1'a)me»ls) Ix•~~~~; s.5439~-~~i.-__-
~,~,i~~nc~til b~• a prumu~ory note Oxrminafter mfctred to a• d~c ..Notc')> u~+?pytL~~a~nta`'~"s" ~n thc reveru~ ~i~le I~cmuF, to thc order of \tort-
A 1
payable at thr of6ces of Ceneral Electric Credit Corporatiw~
c~nxti:uti~•c atonthly, cach i~utallmc:nt in thc amount of 5-~-~k-~6 , es~tipt tl~e £u~al in~t.Jlmcut ~v6ich shall i~ SSBmB
tl~~ fir•t installment payabl one mouth from the dute of comple6on of the property impro~•ement unless a diHetcnt fint payment date is insertcd
h~ r~•_ _ d~ /97~ ; the balance of installmMts pa~yable on even date ~f each succeedin6 month thereafter until
f::lly pai'r~d. /The 'ote and Installment Contract also pro~~ding for delinquerny and collection charges.
\l1R', 7'IIEREFORE, to .~Y~urc t6c• pay~n~~ul aud pcdormancY• b~• \lortgugor u( thc \ote aud tlk• Imt:dlmcut Contract uud tlw•p~ rfutmatxv of
,~~~~enauts I~eniu cont:~in~Yl antl tu indu~i• \lurtt;:~~~r tu eutrr iuto tl~e lu~tailmeut Cunirucl ~~'ith \lurlgagor auei fur uther ~;ixxl and valuable
~~:~n.ideration, the receipt wherrof is hereby acknowledged. the I~tortgagor doe., hereby grant, sell aad ronvey to Mortgagee, the Mortgagee
s heirs,
~~c~c•utor~, assigav or aucc~saors, the followu~g described real e~tato, ~ituated in the C.~unty of `St. Lueie ~~~~r ~~o~~
d:scribed as follows: 4
_~..,~r~ ~ ~ ~ • ~~D~ ~D/_~Q~O/ ~G/VQ//.
Lot 1, Block 1, AUGUSTA SUBDI4ISZON accordinp, ~ ~
to the plat thereof recorded in Plat Book ~
pa~e 34, of the Public Records of t. uc e
County, Florida. ~
^ ~February 13, 19i5
_.uid i~ttended to be t}le sacue premix's ~~nveyid to ~lortgagor by de~d Jat~tiL___ , rec.vrJ~d on
February 14 1y75 -;n Florida, s«~~ 236 13~5~ ~~1336
Y~~ .
~x~~Y• ~t c~,~ Clerk of the court ~f__ ~St. Lucie ~~„r,~. r_.,;
~1 „~~•tln: ~vrth Uu improvemenh henYliLtmeut~, :ut~l appurtt;nanc~i t her~untu uu«• ur herr a ftee b
i e
longiug, t l'g_~~t~„i~y an c l pro l
its t h~r e
o
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,'.~il fist~ves no~v or hereaEter attachecl to or uxnl in cvnnectiwi H•id~ the pren~ixy ~lexribeJ abo~•e. ' t r,~-:~,•- i;
I~, have ~nS to hold the abo~'e murtgagi• property unto the ~tortgagee, ~lurtgag~~~~ h~•ir>, e~~c~;~tAis; ~aJtntnl~!f~at~ '~tutiti.~~ors or :u~ign~, tu
`,t ,:;_,,~_~~~'s ~-n pruper: ~ue, ! e6t arn! ix•nouf tor~~cr; providecl that upun fidl psymeut an~1 pe•rformance of the \ute and la~tallment Co~~tract, and
~•piug aud Ixrlormau~~ o~a11 the co~enanb ~l~tetl Lu~iu, then this ~lcKtgx~~ t!x tiut~ aud Iu~t:~llm~ut,C:ontract ~ha:l ix null and ~~oid, other-
t~~ rcm,~iu in [ull effcct. Anp rrnr~~•ul of the Xote an~ InStallaient Conlrart, ot die r<Crncliug uf pay:menu u[ un~• iustailrucnt tl?er~rof ~hall not
.u~y rights ut the \lort~;abre creut~til hereby.
5h~~~dJ thc premi~r. alw~e JescriixYl Ix wld or com•cyccl or in the c~ent any m~~:hani~-;', matrriulme~i., ~~~orkmen'~, judgmeqt or tax lie~ lie
thc prcmi.~~~, or thi, or any murtgage co~cring tl~c premixxs shall lx in drfault, uu or after the datn c~rcuf ur ~hould thc \ote w Iaitallment;
c~.« t I~ iu dcEault, then tLr irnlebteclura~ ~ce:ured hercby, shall at the uptiun of \lortgagce immcdiatcly ixrome duc and paya6le. auythingj
;n tu tl~e Contrary uot~~-ithstandiag. `~J
; E~tn~ such dcfault or any default in the perfurmance of the co~•en;u?ts hercin, ~tortgag~r ma~• rnter upvn and tske poa~ession of the said
I .:ni,rs, receive tiee rer?b and proSts ther~.ro! and to apply the same towf?nl the payment of taxc+, upketp uf the prvpctty and• the ful$Ilment of
~ ~~•nant. oE [hu mortgage; or at tFie option of ~lortgagec, to cause a recrivi•r to he appuintt~ci; or to ~ell or c3u~c to I?e ~old the property hereby
~ _~,~Yl au~l to cunve~~ the ~ame to the punha~er, pursuant t~ the statute in ~uch case made aud pro~ided aiid uu[ o# the proeeedc of sueh sale to
~ ttu• moncps due unclcr thc term~ of this mortgagc, the cust aud ch.:rge of such ;ale, and the atturncys Ece provided by statute, rendering the
~ : ;~Ic~ moncy, if ~iny, to t!u• ~tortgagor.
f ~t.~rt~;a~„or ~+itl kcrp thr premi.ew fully imuntil against lo.s bp fire and lightning aud such other ri,ks a~ \tortgaKce may require «1th in~uran~r
6 ;,:i~ ~~r ~~~~mp:iuirs sati.f:ictury to \torts;ay;~r, fur the Ix•nc6t ~~f ~tortgagreatxl in default"therevf \tortAaKir m:tv (M~t sha1) not ~e obligateel to)
~ n~~urt~ th~• ,:~me. Such c:~~xnditur~h for i~~,ur:?u~Y~ by ~tort~;a~;~Y shall becrome w much udditional indrbtcdnes> >ccun~ hereby. ~tortgagor shall prv~•idr,
\iortgag~r:
~ r~v;u~st, e~•icl~~xti uf irouranc^c cro~~eruges, which oovcragrs shall also provide for ten ( IU ) Jay~' prwr written notice to Mort~agec: of
:.~nccllatiun or matcrial incxlificadun of imuranc~c.
huilding on ihe premiu~s sLal) Ix remo~ccl or demoli,hecl ~~~i uf \lurtgagec and ~lorigagor ro~~enanb not to commit or permit
~ ~;t any kiud upun or of se~id proprrty. ,
` il~~rtga b~or ~~ill pa~~ all taxes, assc~ssments or ~~~atcr ratcK, and in default thereof, ~Tortgagre map pay the samc, but shall not tx oLligatecl to do so
Ifl~>LilNlin • thc s~Y:urity hcreLy providcd for such, 111ortgagor shall be in default undej ~l~is :mortgage, and the amount paid shall be so much
i.liti~ma) inde~~teclne+s securecl hcrcby. ' • ~
l h~~ f.til~ui• of \tortgagor to pa}~ anp part of any installtnent of taxr~, asscumcnts otlnsus3nce premiumt under d~e pro~~isiuru of this mortgage
~ ti~~ time or time~ when such item, are due aud payaWe, slwll rpo.titute wa.te ~~~it~~in.the meaninJ{`oE applicable N7ori~la lu~~~. An~- amuuntc paiJ
.~t~~rt~,axcr. for insurance, t:ixc~, asx~ssment, and ~~•ater rat~5 shaU Ixar interc~t at the ~ hwful contract rate, and shall be: p:iid by \tortgagor
ct~•m.ina: i ~i~i1 ~J
~f~~rtgagor hereby relinquishcs :dl rights of homestead. ~99~
f?~i, mortgage ,hal1 inurr to the lxnefit of the succ~~sors and assigns of ~tortgaK~r and shall he ~inding upoh the heirs, uecutors, suecessors
,,:~1 1~~~~al representativcK of \io[tgagur. . - - ^ •
I\ ~YIT\(iSfi'\VHEHliOF, Mortgagor has~signed fhic iustrument un tti~'tlaj~~and ~•ear 6nt atxne writtcu: •
~i~~zed and Delit/ered
in the plxe~~ ~i . . . . . _ ~ . _ • _ ~
i ~ ~ ~ .__J ~ . . r, . , .
ra , I I
i~ ~ ~L ~ \ ' ' ~'L~~'~L (]f Mprt /igpr
- obert Le~~nes ~ ?~+am~ ~e `
~ - ; . , .,iwt sign j ~
~ - , ;,;'t . . _ • ussie 'Ma~+ ~es ?
(type or print namea 6eneath signatures)
~ (tmo witnesses muat aign)
Payment of this Mortgage is subject to the terms of a home improvement installment contract of even date
k~etween Mortgagor and Mortgagee.
.
! h~, Instrument was prepared by:
~ Shirley M. Crockett _ , ~
5:'`2 S. Lak~ Formosa Dr. r, ~'T~.TE' I_.~
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~~d.(tif) t ~ ~ U~ 1'E. ~~'1.~: t
Orlando, Florida 32~~3 2 ~ ~ _ t•,5 = 0 e. ~ 5 1
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sa x ~~t~p PAGE161? , ` ~ ~ ~ ~ j
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