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~ ~i~te ~~f ~larid~ ~ ~~MORTGAGB DEED ~ %
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sc. ~uct~ Lauutu i -
THIS MUKTCACe ti~eae ~i•~5 1 ~ ~iey ~i ~irs:h___ _ ie .
I~y and belwenn James W. 1~e 1„] 5 b~t~] '
Bertha We 1 1 s_ _ . n;.~ wi fp . ot
$L . LUC ~ e _(:uunty. State o( F 1or i da , h,3r~;,,Ni~or wl?ather one or mor» calle~d tha "HtoH-
~;~~Kor". ha+ Ix+i:unw iustty i~dubt~,Y! lo LeQll Coun t y Bu i 1 d i nn S~~j~y _ a(
_ Browa rd c~,,,~iy. s~a~,, ,,r F 101' 1 da . t?eroii~ettUr cull~.ri tho "Aturt~;,~K~", in ihe sum ot
- t.t.~KS Is -~,-3.Z-4--~~ ~ 1
evidenced by a proml:c.wry nute ot e~~ea date herewith in the tolal amuunt eat torth above, payable
in 84 munthly inslnlimunls in !h~ vum of SeVentv- f i ve and 89/ 1 ~0
DOLLARS lS 75•89 l. the first payment oummr.ncinR o~ thc 29 dey ~f _ Anri 1 ,
IA en~l cuntinuinR un tho samce day oteflch munlh then~a(ter until (ully paFd, t~etlwr w-ith late charges o( tive (5) cents per SI.W
on oach tastallment ant ptiid wlttun ten I IU) da~s of ihe due date. bu1 not exce~ding the lawtul ma~cfmum, and interest alter maturity"at the rale -
ot lUti per annum. ' ~
NO~Y. tor and In consideration of the afutesaid indabte~iness and tu scx:ure the p~umpt payment o( the wme. MortgeRor bes twritained and
,old and does he~aby Krant. baryjain. seN end wovey unb the said Morigay~e. his succees~rs and assigns. the following described lot or parce)
ot Iand situateci ~a Sf . LuC i e County. state oi Flurida. to wit: lot 1 ~1 ~ P 1 NAR SUBD I V I S I ON, UN i T
2, according to the piat thereof as ~ecorded in Plat 6ook 15, page 26, of the public ~
records of St. Lucie County, Florida.
STATE a~ FLORiD~; ~
.~i DOCUMENTARY.~"- .;;~.STAMP TA~' ~ .
X~ Q D~?i.
UF BEYLHUf
_ _ ~AT i Q'76 ~ f , ~
~~`09.601
u' _ :P'si ~ - 7 S~~ ?nn~xt aF tia~
u - ~ ~ ~
q~ ~M q~S'C' lNTANGI~E ~ -
. . . . . . . . 6 . . . . . . . . . . . . . . , pORSIMNT TO CF'.AP'TER 71-13t. lIR.1'S af l~Il. rjs!
~ G C~ ~V ~ p11GiR OOtIIR. u. t~'aE C0. N~
v"~c~ir~~ ~ ~f05 ~/o?-dd~~ -~~00 3
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I ToRether rvit6 all riR6ts, membeis. pr1~•ileRes. henxlitaments. easemenis arx! appurienances belonRinK or appertaininR. rloHRaKor 6err.by
! covenants and warrants to the Mongagee. Ws heirs. successors and as~i{ens, ihat he has a fee simple title to said property. free from aU en-
i
~ cumbrana:s except:
i ~
~ J.T. Stewart Mortgage Co. OR. 188 pg. 1493
g TO NAYF. AND Td NOLD all and sinKular the eforeQranted and barKain~d premises unto the MoriRa~ee torever. provided always that if
~ the MortgaRor shall and will pay to the order ot the Mortgagee. accordinx to its tenor ancl effect. that e~rtain promissory note of e~~en date
~ herewit6 and secured hereby and any ofher swns which become oxinK by ihe MortRaKor to the MurtKaxee pr'ar ta cancellation hereof. then
~ this morlgaRe shall cease. terminate and be wid. otherwise to remain in tull forc.e and effect. _
~ The biorigaKor aRrees and covenants tn pay all taxes and specitd ussessmr.nis aKainst the property and aRnees lo pay all ~axu~ le~ied under
~ the laws of this State on ihe indebtedness secuted hereby. MnriRaRos further covenanis and aR~es t6ai he ~vill al all times unill the release uf
; ihis murtgaKe keep in fnn:e a poltr.y o( insurance on ihat portion of the mnrlKaRec1 properly which is insurable coverinR loss and damas~e bt
fire and the ot6er casualties r.o~•ercxl by the usual comprehensive casualty insurance pe?Ucy. Such policy shaU be ~vith an insu~r acceptable lo
~ the MorlKaKee. in an amount not less ihan the balance owing upon ihe indebtedness secund hereby. with luss payable lo the MortgaKee. in the r
ecent ot los9. ;11or1Kagor shall ~{ive immediate notice by mail to the MortRaRee. vrho~will make proof of loss i( not made promptly by the MurE-
~ eaRor. an~l cach insurance company concern~ is hereby authorized and directed to make payTnent tor sach k~ss directly ro the ?~forlX~ttee in-
~ ~tead of to the AfortgaKc~ee and MoriKe~or joinUy but. in the event any payment is made ioinUy. MurlQaRor hereby auttx~rizes MurlRaRee to en- '
° dorse his name on any check. ciraft or monoy onier as his alturney-in-fact. Upon payment (or loss. the ~toriqaxee may~ at his sole optiun appiy
~ tiuch proeeeclx to teduce the t~lance of ihe indebtedness. or to resfore ihe muctKaRe properl~. in fhe e?•eni :~turtqaRor shall neXleet or re(use 10 ~
n6tain said insurancx. or pxy any taxea when due. then Ihe Moriqa~se may at his wle option obtain such insurance or pay all such ta~es or both.
~ and all sums expended iherefor are hereby sec~ued by Itilc mi-lKagc ancl sliall be due immediatr.ly (rum tilorlKeRor tu ;~iorts;auee with inter~t
at Ihe rate ot 10~ per annum (rom the date o( payment by the M~rtKakee unt0 paki. t
~ tr-,.,,~ , . i
` The Mortgagor aKree~s and rn~~enanis that he wfil maintain Ihe mort~~Ked ptnperty in goocl conditi~sn ~nd not to commit or to permit anyone ~
~
~ else to commi! waste. n~awnable wear and tear excepted. Upon thc tallure o( the ~torigagor to so maintain ihe mortRaKed pruperiy. t)w Mort- +
a uaQee may cause reasonable malnlenance wnrk to be per(ormeci at ihe cavt of the MortRaqor. My such sum so expeodod shell be due immeciiate-
~ ly (rom Monga~r w~th interest at Ihe rate of IIP. per ennum tmm the dete expende.i until paid.
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~ T6e MurtKagor hereby ~•ests t6e MortgaKee wit6 Ihe full p~nver snd aulhority. upon ihe bnach of any c;ovenant or warrant hen:in conteined.
- or upon any de(ault in the paymenl of any installment pnn~ided in said note or any re~ewal or exiension ihereof. or tn the p~rformance of any
aRreement herein c~ntained. to declare the enlir8 indebtecfaess hereby sec:ured immediately due and payable. witMut notice to any person. to
proceed to (oreclose this mortRaRe in acoortlance with lews of t6ix 51a1e. j i~ n~
~ . . f : ; t FA(1F ~