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HomeMy WebLinkAbout2950 ~k t GAGEE REI>L ESTATE MORTGAGE A w ~ ?85 / . ~ i iCORP PtRSUN~TO~PERSON FINANCIAL CENTER, INC. ^f"!''Z ?300 PALPI BEACH LAKES BLVD X310, WEST PALM BEACH, FL 33409 r ou ~e,a .cam No to.w o•tE . -'~91~5_7 Q~ 23 NONE ~ ~ ~ ~ - ~ 5~1b-79 x~~`>a~~5: ~u~ FINANCE ~tK~•~ rffS ro~u Or rarrEN!5 [)0\ALD T. DAVIS and ~ s ~ CHARGE s 307 4 7.60 •tltOuS TtuffE '1tPr -~rE »+5 :tfD~' ~Sairarr uttG reef <1K .+~01P+t rrr.?KEO Li\DA B. DAVIS, his wife -»•e~ ~»u(,f c„r,K,l s 31 ;JEST KALMIA s s s 1 .72 _~1KE PARK, FL 33403 r•r•!lE ~ MprRrar ?•rui(MS rH rKSt or4 wst r•tMlrrt Out p~y~f ~~uH~u~ [ a s 1708.32 .Nc 179 ~ s 1708.3 E•aErctn "rw r•r.~rr vw, a wu,otk,~+a 6-23-79 5-23-94 t THIS MORTGAGE: made and entered into tAe day and year, above written, between the undersigned borrowers named above, hereinafter called MORT- t;AGORS. and the company named above, hereinafter calltd the MORTGAGEE. WITNE:SSFTtt: That for the purpose of securing the payment of the indebtedness herein mentioneJ and securing the tulfiUment of all the covenants and .onditions hrrrinatter set forth, the mortpgors by these ptesrnts do, grant, bugain, sell, convey and confirm unto Ihr mortgagee the following described trace of land situated in - $t~_j~ur{ a County, Fbrida, described as follows, to wit: (SEE ATTACHMENT, EXIBIT "A", _ , ~a a. O ( In Pf>tyrn.nt of Taxes ~~b~ ~'T r~T' r_- i F~~ ~ ~ ? ~ ' ~ - I Oue On Class "N' Intangible Personal Property, 1_. , ~ iMENT7.K'' ' ! ' ` - ` ' i pursuant To Chapter 71, 134, Acts Of 1971. Lv'- C~` ~ ~ ^ r ' L.. - ROGER POITRAS t~~ t~t C ti r~ N ` , . - - ~ 1 r ~ lV`_t _ f J:. f~ ~ ~ ~ ~ '1 i t"I Ik U Il COUfI, St. LYC16. CO ~y i 0 ? .ai- TOGETHER witA aN and singular the tewetnents, hereditamcnts, appurtenances, rights, and easements thereunto belonging or in anywise appertaining. TO HAVE AND TO HOLD the same togsthey with the tenements, hereditamcnts anJ appurtenants thereunto belonging or at any time hereafter con- structed or placed upon said land, including all light anJ gu fixtures, hot water tanks, bath tutu, tr,ilets, lavatories, doors, windows, screens, awnings and all other fixtures or afuchments, shrubbery, plants. trees now on said premises or that may be hereaf,n attached or planted, and aBo all outhouses, ga- ragra, tenets now or hereafter erected (hereon, and the rents anJ issues thereof, unto the mortgagee and its successors and assigns in fee simple forever. AnJ the said mortga;ors do covenant with the said mortgagee, that they ue lawfully wired of said property in fee sim?!e, and they have good right to x11 and convey the same to the said mortgagee: that said property is free and discharged trom all taxes, assessments, Judgments, Gem, encumbrances, rlaimx, or demands of every kind whatsoever except. -~1a~ certain mortg~e_ in_ f ayor of First- Irational_ Bank- Of- 'i Ft?rt Pierce . _ _ ' and that they will and their heirs anJ assigm shaft WARRANT AND l)EFF.ND the same to the said mortgagee, against the lawful claims and demands of al{ j perfom whomsoever. 1'NOVIDCh ALWAYS, anJ these presents are upon these express cundiNons. That, if the said mortgagors, shall pay the sail mortgagee unr certain pru i missory note of even Jatr herewith, signed by mortgagors anJ male payable to the order of the mortgagee al its offices afuresaiJ, in the amount of this f mortgage, payable in monthly instaElmrnts as sh~»vn in the schrduk of payments above until sail sum is paid in full this mortgage shall br of nu foray ur f effect. This inJcnture is made to turthrr secure the payment of any further or aJJitional advances made by the mortgagee any time before the entire in drbtrdnrss secure) hereby shall be pail in full, Tither as a future loan by sail mortgagee a refinancing of the unpaiJ balance of the loan seder) above, ur a renewal thereof or M,th, but nut rscerding in the aggregate the amount of S 100,000.00 at any one time., ~ 4nd until the payment of said note, or any extensions of renewals (hereof in whole or in part, -rtu any other indebtedness secured hereby, and the per- t formance of all covenants and agreements herein, shall promptly pay all taxes and assessments of every kin) levied or assessed on the said property (also i upon this mortgage and the moneys secured hereby to the extent hereinafter ut forth), and shall not permit or suffer sail property, or any put therm(, t.. be sold for nun-payment of taxes or assessments, or the said taxes or assessments to become delinyuent: and shall keep the buildings and other improve- t mrnts which are now or. may hereafter be erected on the premises insured agaimt all risk by fire in a sum not less Than the insurable value thereof, in s ! good and responsible insurance company, for the benefits of the mortgagee, said imurance company to be approved by and the policies or any renewals thereof to be depusieed with the said mortgagee: and in the event of loss or damage to the buildings or improvements on said premhes, the proceeds of such insurance shall be applied in reduction of the debt, or in restoring the premises or property, u the mortgagee shall elect: and shall not commit, per- ; mil, or suffer any strip or waste of said premises or properly, and shall pay all the moneys and perform all acts and carry out all promises and agreements ' that are secured hereby, at the time and in the manner herein specified, then These presents shall be void. i 1 hr aJJitp,nal terms anJ conJitions set forth on the reverse side hercr, rt of this mortgage anJ are incorJx,ratrJ herein by rrfrrrnce. ~ IN WITNESS WHERE ,the mortgagors have nto set their hands and scab the 1 t Ma Jq 79 E 3 Signed, scale d irere rese e o - i - (SE:AL) ~ - - t a - - - - - - - --(SE:AL) STATE OF FLORIDA ~ ('OIJNTY OF PALM BEACH HEREBY CERTIFY, THAT UN THIS _-l~th day of __L"($~C_ , 197 , Ixture me, the undersigneJ au- thority, personally appeared DONALD T. DAVIS ______________,nd LINDA B. DAVIS his wife - ' known to me to be the persons Jrscril,rd in anJ who execute) the foregoing inslrumrnt. anJ uverally acknowledge) the exrcuhon thereof to be their trey act anJ Jerd fur the uses anJ purposes therein mrnlu,nrJ. WI fNE:SS my hand anJ official seal the Jate aforesaid. i fRITArE. nS~irI~aPJby~ ~ - CITICORP PERSON TO PERSON FINANCIAL CENTER INC. ~+-L-~- 2300 PALM BEACH LAKES BLVD 9310 WEST PALM BEACH, FL 33409 Notary Pti ii,6taleof Floridgal ge - L•268 FLA. R.E. Jn~r~ ~pf Aty ('nmmissiun expires`. - r(~ g~ ORIGINAL ~ - _ >v