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Home My WebLink About0503 ~f~1~P 11f ~lllrt~lc~ MORTGAGE DE + ~ 3e~i(1' • ED , _ St. Luc~P (~ptlllti~ Tt11S I?1URTGAGE :?tede "fhls 28 daS~ uf Jar.uary _ 76 t~y and belv~cen Ophel Matthew5 _ ~ _ and Jose~h F. Lewi s h~s ot S L. Luc i e Cuunty. Stata uf F 1 Or l da , hnn:iual~er whethu~ une or NOI'@ C6IItld lI1M ~~MOM- gagor". has t~r.c:ome ~ustly indabt~.d ~o ~4n County Bui 1 ina Suo~y Inc. ~ ot F ~ t Broward Cuunty, titate ut ~S~ , herei~aUer calieci Ifw "hlurtga~o.:". in the sum ot ~ Four thousand fQUr hundred iorcy ,~nd 00/tOQ ~x~LLn~ts ts 40,_oD ~ e~•idenced by _ a . ptvmiswry note ot even dete herewith in thu tutal amount set tonh abo~~, payable r in 60 monlhly inslallmenis In the sumof Senenty-four dol lars f10 ~~rlt5 Ul)LLARS ~S 74 ihr first paytnenl ca~mm~ncinK on lhe day of --1"i~rGh , • 1t' 76 . and continulu~, un the same day~ o[ each munih.thereafter until fully paiJ. tnget6er with late charRes of tire {51 cents per S1.OQ ~sn each installmeot nut paid within tt~n 110) da~ti of the due dnte. hut not exceeJing ihe law(ul maximum, and tnierest after malurity at iho rate u( 10: per annum. NOW, for and In cwnsicleration ot ihe a[uresaiJ iudebiedness and to s~cure the prompt payTnent o( the same. T1ortKaxor has bargained and t ,old and does hereby R~ant. barKai~. ~ell and cunvcy unto ihe said ;~furlgaKe~. hls successors ac?d assiRns. ihe tollowiag described lot or parce) ! 3 uf land situat~d in - St -~~~C ~ e t:ounly. Statc ot Fluricla. tr? wit: ' Section 8, Township 3S South, Range 40 East St. Lucie, Florida; From a point 30 Feet South of the Northeast cornor of the Southwest ~ of the Northwest ~ of the Northeast Thence < ~ runs South ~S~ Feet; Thence West 100 Feet; Thence South ~5~ Feet; Thence East100 Feet; ' Thence North 75 Feet; Thence East 50 Feet. rFpr.~~:. , • pECEry~ ~ ; USE ONLY ~ OM CtA9~ C ~ ~F ~H~ ~ - ? Pu~T ~ r~t ~ w? , aw?nr n.~~, ~4 ~ . ~ 1 a~[7~ - I ~ 3 - ~o1-G~o ~ ~ ,oR~ e~ ; ~ y~ ~ 00Y"c ~ ~ ~a, Fu U Together with all riKhts. members. pri~•ileReti, hr.reditaments, easemenis and appurienances belonKinR or apperiaininR. MortgaRor hereby covenants and warrants to the MorikaRee..his heirs, succeswrs a~d assiKns. that he ha, a[ee simple title to said property. iree from.all en- , cumbrances except: ~ " " ' ~ ~ ~ y~' STATE F~o o Q ~ ! oz DOCUMENTARY~~: ;tST~?MP TAa i M e t. o p u l i tan Mor tgage Co. O R 2 2 1 Pg. 4 9~ ~.OEPT.QF RfYENUE~j'~~y:} E Q , ~ 0 6. 7 5~ ' ~ O ~'P O •.~~A~ ~ 1t [ Y ~ TO HAVE A.'~ID TO HOLD aU aud sinRU(ar Ihe a(oreRranic~d and barKained premi~es unto 16e MortRaRee forecer. provided always that i( ; g the AfortKa~;or shall and will pay tn the order of the Mort~aKee. acce~rdin}t to its tenor and eftect, that certain promissory note of e~•en date ~ ' nerewith and secured hereby am~ an~• other sums which become owing by the MortRaRor to t6e MortgaRee prior to cancetlation hereot. ihen : ~ thfs mortgage shall cease. terminate and be void. utt?erwise to remain in iull force and effect_ s The MoNKaAur aRrees and an•enants to {?ay all taxes and specfa! assescmenls aRainst the property and aRrees to pay all taxes le~•ied under the laws of this State on the inde.btedness secured hereby. MortRaKor further covenants and aKree.c that he will at all times unti! the release of E ~ thi~ mortRaQe keep in force a policy of insurance on thaf ponion of the murtQeRod pmperry tvhich is insureble coverintt loss and damage by ~ Eire and ihe other casualties cecer~ by the usual comprehensi~•e casualty insurence policy. Such policy shal) be with an insurer acceptable to the MorlRaKee. in an amount not Iess then the balance uwinR upon the indebteciness secured hereby. with loss payable to the MortRaRee. Irt ihe e~ent oi loss. MurtRaRor sheli Ki~•e immediate notice by mail to the ;NortKagee, who will make pruof of loss if nol made prumptly by the hturt- kaRor. and each insurance company concerned is hereby aulM~rizecl and direct~l b make payment for such loss direc:tl~ to the ~1or1Ra¢ee i~- ~ _ stead of to the MoriRaRee and MoriRagor joinlly hut. in tbe e~ent any payTnent is made iointly. MortKagor hereby autb~rizes MoriKagee to en- ~ _ dorse his name on any check. drafl or money order as his aUorney-in-fact. Upc?n payment tor loss. ihe MortgaRee may at his sole option apply _ ,uch proceedc ro reduce the balance of t6e indebtedn~s. or to reston~ Ihe morigaRe pmperty. In tlw event ~fortRaRor shall neRlect or refuse lo ~ ~ r~btain said ir~surance or a pay any taxes when due. then the Mortgagee may ai his sole uplion obtain such insurance or pey all such laxes or both. i ~ and all sums eXpended therefor arn hereby secured by this mortKage and shall be due immediately from I?tortKagor tu 3?iortKa~;ee with interest ! - at ihe rate of 10°. per annum from ihe date of pay~nent by the AiurtRagee uniil paicl_ ; ~ ~ • ~ ? The MoriRaAor aRrees and co~~enants that he will mainta:n ihe mor!QaKed pn~perty in Rood condition ar~ not lo commil or to permit anyone _ else to commit w-aste. reasonable wear and tear excepted. l'pnn the (ailurn nf ihe MoriKaRar lu su maintain ihe mortRaRed pmperty. thc~ Mori- " Kagee may cause reasonable maintenance work to be pertormed et the cost o1 the MortRaRor. Mg such sum so expended shall be due immediate- ~ ly Irom MortRaRor with interest at the rate ot 10`. per annum (rom the date e~pended unNl paid. } ~ The MortRagor hereby vesis ihe rlongaK~e wfth the full p~~ver and authority. upon ihe hn~ach of any covenant or warrant herein containecl. E or upon any default in the payment o( any instaliment pro~ided in said nate ar any renewal or extension thereo(. or in fhe performance o( any ~ aRteement herein contalned. to declere the entire indebtedness hereby secured immediately due and p:~yable. witbout notice to eny person. fo 3 proceed to foreclose this morigaAe in acc~rdance with laws of this State. g nr ~ ~ ~-'s P!?6E ~ ~ : _ ; f y~~~ M ~ _r