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HomeMy WebLinkAbout0394 - - - ~ . J N . C~ IM ?A"+r:~n u~ T`xtt ' 31..~-~. - 8TATEOFFl01110A _ _ Th F?IAFOIIMN02il0Y 0'~ ~,,Y= w N~~~ Th~s lorm ~s ussd in conn~ction ~U~~y~~ i~ ~1A/1 11- ~ w~th mott~afl~s insu~ed und~r tM R~.I~d Oa~?w 1~It ~~t~ ~ on~- lo lour-tam~ly prowsions of ~x q{~t iY• ~ p' µ tM Nstwnal Housinq Act. z MORTGAGE ~ ~ i S vv~~~~ i THIS MORTGAGE, dated the ~}i day ot j~CQ~@T . A. O. ly 76 . by and, between J~ j,~jS ~.SGJ ~ B~Y }11S W1fC i hereinatter calkd the nwriy~. and p,p~q~ INVE.SI~EI~TT SECl1RITIFS, TIVC. t ~ . a corporatioo onaniud and ezistin~ unde~ the laws ot t}IC State of I11 inois : . heroins(ter calkd Ihe mort~ee. WITNESSETN, thu tot diven ~ood and valuabk considerations, and also in conside~ation ot the a~epte wm named in the promicso- ~ . ry note heroinatter deuribod, tAe said mort~or does hereby ~rant, bar~sio, xll, alicn, remise, rckase, convsy. and confum un~o ~he said } mort~a~et all that ceruin pitce, pucel, or tract ot Isnd o( which tAe said mortp~or is now stiud and possessed and in actual possessioe, situ- ~ ue in ~he cwntv ot $t . j,V~Yg ~ anA Sute ot Florida, described u tolbws: ~ ~ . , ~ _ y ~ Lot 30, 9-~RA1nN PIAZA, tAtIT ~VE, as per plat thereof, _ : recorded in Plat Book 14, Page 32 of.the Public Records # of St. Lucie Caxnty, Florida . ~ , ~ s " The grantor (s) covenant (s) and agree (s) that so long a as this Deed of Trust, Security Deed, or i~brtga$e, which- ' ~ ever is applicable, and the Note secured hereby are ~ guaranteed under the Servicemen's Readjustment Act, which- ~ ever is applicable, he will not execute or file for record ~ any instnmient which iu~oses a restriction upon the sale or 4 occupan~cy of the subject property on the basis of race, # color or creed. Upon yiolation of this covenant, the r~ote- . ~ holder may, at its option, declare the w~paid balance of ~ the debt secured hereby imnediately due and payable." = ~ , ~ x ~ fI l I ~ TogetMer with all structures and improvements now and hereaiter on said land, and fixtures attxhed thereto, and all rents. iswes. pro- ceeds, and profits xeruing and to acerue lrom uid premises, all of which ue included within the foregdng description and the habendum there- , ~ ot: alw all gas, steam. electric. water, and other heatina, cooking, retrigeratina. lighting, plumbing, ventilating. irrigaling, and power systems. machines. appliances. 6xtures. and appurtenances, which now ue or may hereafte~ penaia to, or be used wi1h, in, or on said premises, even ~ though they be deuclxd or detxhabk. ~ TO HAVE ANDTO HOL15 tbe ume. together with all and singuiar 1he tenements. lxreditame~ts and appurtenances Ibereunto txbnging _ w in anywise appenaining, and ~he reversion and reversions, remainder or remainders. rentc, issues. and prufits lhereo(. and also all the estate. ~ight, tilk, inlerest, homestead, dower and tight of dower, xparale est~te. possession, claim and demand whatsoever. as well in law a. in cqui- ~ ty, of Ihe said mo?tgagor in a~d lo tAe same, and every pan tFrcreot, with the appurtenances of ~he ~aiJ mungagor in and to the ~••me, and cvery i pari and parcel Ihereof unto the said mortgagee in fee simpk. f , And Ibe mortgagor hereby covenants with the mortg~gee tha~ he ic indeteasibly scizcd of xaid laod in tee simple: that he hac (ull powe~ and lawful right to convey the same in fee simpk u atoresaiA; that it shall be lawful tor tlx mortgagee. at all times peaccahly and quieUy to en- ter upon, hold. occupy. and enjoy said land. and every paA thereof: that Ihe land is and will remain tree from all encumbrances: that said mort- gagor will make wch further assurancs to prove the tee simpk titk to said land in said murtgagee as may be reasonably required, and thal xaiJ S y mongagor docs hereby tully warnnt the titk to said IanA, and every• pan thereot, and will defend the same againct the lawful claims ut all per- : i sons wfwmsoever. PROVIDED AI.WAYS. and these ptesents are taecuted and dtlivered upon the tolbwing conditions, to wit: ' ~ The mort6agor agrees to pay the mortgasee, or order, the principal wm of EI(~iIEIN TI~iO[JSAim POUR H(~IDRED and No/100 ~ Doltars IS 1$ ~4~0. ~Q u evidenced by a note ot even date herewith, with interest (rom date at Ibe = , rate ot El~}lt per centum l g~ Q per annum en Ihe unpaid balance : ~ until paid. The said principal and interest shall be payabk at the o16ce of M. j.$. j.~ IflC . 1321 U. S. Highway 19 Sa.rth ~~"O ~ Suite ~600, in C1eaYwater, Florida 33518 ~7° . ~ or at wch othet plact as the holder of the note may designate in writing, in monthly installments of dj1~ H[~j~D '~R'j'Y-Fj~ ~ aIld ~~100------------------------------------------DollartlS 135.~6 l.commencingon , ~ tlx 6rst daY of ~b~ry . 19 77, and on the first day of each month thereafter onlil 1he priocipai and ~ ; interest ue tuUy paid, exctpt that the final payment of principal and imerest. if not sooner paid, shall Fx due aod payabk on Ihe first Jay ot ~ _ January, 2007: ~ ~ And sAall duly. promptly. arid fully pertorm. discharge, execute. eBect. cwnpkle. and comply wilh anJ al.ide by tach and every the ~tipu- ; htioas, agreemems. conditiw~s, and covenants ot said promissory note and of this mortgage. then ~his mortgage and tlx esute hueby crcated ; shall ceast and be nuU and vad. . • s And the mort~or further covenants as folbwi: j I. That ht will psy tht indebtedness. as hereint+efore provided. Privikge is rexncd to pay tbc deM in whdc. or in an amuunt equal to une ~ or more monthly payments on 1he principat tha~ are nett due on the nota an ~he fint day ot .n} month priar to ma~umy: Prorided. however. ~ Ihal written neNice o( an intenlion to curci~e wrh pririkge is g~ven al ke~1 Ih~r1~ 1~1?1 J~~ ~ prior lo prepaqment.