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HomeMy WebLinkAbout0724 S-s~~~ ~s ~.~,,~t'GqGEE REAL ESTATE MORTGAGE i~ ii:OHP ~`Ef .ON-TO-PERSON FINANCIAL CENTER.,N~. 44532 2 > inn neT uFeru r eY~e Ri lJD ~31Q~ c~r peT ~t RFarH~ Fi• 33409 ~ . 1~ v ~U1 R1~1 4((l r'10 IUAN ~~l[ . 'f Q 1~Zl~ ~2 ~ ~ ~ ~5-16-79 .4C;ORS~ vOuSE ~ FINANCE O~~K~i4 ~FFS t0~u 0~ r~rrENrs ~~o\ALD T. DAVIS and ( s CHARGE s632.50 ~07 497.60 .u~o•.s cwucE c?~aT .~~F ~Ns ;~Ea~ ~s.w ~.~c ~ .+s ~~n+t ~~~?KED I.I:~DA B. DAVIS, his wife =M•~~t »~s :M.~c~ cN.~r~c s 531 WEST KALMIA s s s NE SNONE 111 005.72 r~r~llE u~ wOM~lv ?~r~Mi T?f F~lS~ O~E ~SI /AfM[NT DUE D~iI 0~ ~«n ~?~0 ~.:\KE PARK, FL 33403 """'•""E"' °iE o~s1708.32 •No 179 o~s 1708.3 f~M EYCEn ~w~? ~~~~+iEM vw, !E urliu0 Ww~ 6-23-79 5-23-94 THIS MORTGAGE made and entered into the day and year, above written, between the unde~si6ned Donowen named above, hereinafter calkd MORT- GAGORS, and the company named above. Aereinafter eailed the MORTGAGEE. ~h'ITNESSETH: That for thr purpox of ucurins Ihe payment ot the indebtedness herein mentioned and securin6 ihe fulfiliment of all the covrnants and a~nditions hrrrinaftrr set forlh, the mortp6ors by these presents do, 6~ant, bugain, sell, convey and confirm unto the mortaa`ee the tollowin6 dactibed tnct of Isnd situsled in ~t. LL -i - County, Fbrida, detcriDed as fdlows, to wit: ~ No~~ ¦ MnMi~ UF 1q~ ~ ~ 'C' MN~~IE l~S~II (SEE ATTACHMLNT, EXIBIT "B") ~ ~ ~ ~ ~ ~ !M~ ~~f~~~E~~~ _ This mortgage is executed concurrently with another mortgage - ~ - between the same parties of even date in the sum of $111,005.72, Recorded May 17, 1979 O.R. Book 308 Page 2950 of the Public Records, in and for St. Lucie County, Florida. TOGETHER N71I1 all and singular the tenements, herediuments, appurtenanca, riahts, and easements thereunto belonsing or in anywise ~ppertainins. TO HAVE ANI) TO NOLD the same together with the tenements, hereditaments and appurttnants thereunto belongin6 or at any time hereaftn con- slructed or placed upon said land, includin6 all li6ht and gas fixtura, hot water bnks, balh tubs, toilets, lavatoria, dooa, windows, screens, awnin~s snd all other fixtura or attachments, shrubbery, plants, trees now on said premisa or that may be hereaf.er atuched or planted, and aBo all outhousa, ga- Ii nga, fences now or hereafter erected thereon, and the rents and issua thereof, unto the mortgaEee and its successors and assigns in fee simple forerer_ ~ And the said morigaaors do cor•emM with the said morlga6ee, that they ue lawtully srized of said properly in fee simple, and Ihey have sood riEht to f sell and convey the same to the said mort6a6ce: that said property is free and discharsed from all bzes, assescments. ~udgments. Gens, encumbrances. E E claims, or dcmands of erery kind whauoerer except: ~C_ CeICS~II mortgage in favor of G. Herbert Cail an ~ _ - - - - - - - - - - Emmi p ~~~~S1L ! and that they vri and their hein and assigns shalt WARRANT ANp DEFFND the same to the said mortgasee, against the lawful claims and demands of all f perso~ whomsoever. ~ PROV11)ED ALWAYS, and thrsr presrnts arr uM~n thesr exprrss conJitiuns, that. if tht said mottgaEors, shall pay the saiJ m~xlgagrr unr crrWin pru- ~ miswry note of e~en Jate hrrcwith, signrJ hy mortgagors and made payable to 1he order oi the mortga6ee at its otfices a(uresaiJ, in thr amuunt of this ~ murtgage, payrble in muntbly installments as shuvcn in Ihr schedult uf pa~•mants alwve until said sum is paid in full this murtgage shall Ae oi no furcr or ~ rffecL This inJrnture is mad.e tu furthrr srcure the paymrnt uf any further nr aJditiunal advances made bp the murtgagre any time beforr thr enlirr in- ~ Jrbt~dnesc srcurrd hereby shall be paid in full, cither as a future loan Ay said mort6agee a refinancing of tha unpaid halancr ot thr luan statrJ •rborr, ~~r r rrne~~al thrrenf ~~r twth, but no[ excerding in thr aggregate Ihr amount of S 100,000.00 at any one time. ~ .4nd until the payment of said note, or any eztensions or renewals thereof in whole or in part, and any other indebtedness secured hereby, and the per- tormance of all covenants and a6reements herein, shall promptly pay all taxa and usessments of every kind levied or usesud on the said property (also upon this mort~taRe and the moneys secured hereby to the extent hereinafter set forth), and shall not permit or suffer said property, or any put therev~i, to be sold for non-payment of taxa or utessments, or the said taxes or assessments to become delinquent: and shall keep the buildin~ and olher improre- mrnts which are now or may heresftet be erected on the premises insured a6ainsl all risk by fire in a sum nol Iess than the insurable value thereoi, in a good and responsible insurance compsny, for the benefits of the mortga6ee, said insurance company to be approred by and the poGcia or any tmewals ~ thereof to be deposited with the said mort6a6ee: and in the event of loss or dama6e to the buildinas ot improrements on said premises, the proceeds of sucA insurance shall be applied in ~educlion of the debt, or in restorin6 the premises or property, as the mortsa6ee shall elecl; aad shall not commit, per- mit, or suffer any strip or wute of said premises or property, and shall pay all the moneys and perfo~m all acts and nrry out all promisa and a~reemcnts that are secured hereby, at the time and in Ihe manner herein specified, then these praents shall be void. I hr aJditNinsl trrms and conditiuns set forth un the rr~rrsr sidr h of arc ort6a6e anJ are incorpnratrd hrrtin by re(rrtnce_ ~ IN WITNESS EREOF, the mortEa6on have hereun their hands and uals this t f I"IaY tq 79 Signed, seal nd de ~ red ' - ~ ~ ~ ~ (SF.AL) ~ • - ~ i ~ _ - ~(SEAL) ~ ~ STATE OF PLORIDA y ~ COUNTY OF PALM BEACH ~ I HEREBY CERTIFY, THAT ON THI~ ~~L day of Ma~ . 19~Q , befort me, the undeni6neJ su- ~ y thority, personauy sppeared DONALD T. DAVIS _ and LINDA B. DAVIS, his wife _ ; ~ knnwn tu me to bc thr prrwns drscribrd in and ~+fio rsecuteJ Ihe fureguing instrument, and strerally acknowledged the eaecu/iun thrreo( tu he thrir ~ (ree act anJ d~rd for the uses and purpuxs thrrein mrntiuned. ~ WITNF:SS my band and official seal the Jale aforcsaid. ' ~ ~ K11A~~~Cr1,~~~(ed by: - i - . , J YY CITICORP PERSON TO PERSON FINANCIAL CENTER INC. • ~ 2300 PALM BEACH LAKES BLVD ~310 ~ WEST PALM BEACH, FL 33409 ' ~ _ . _ . NotuY ~blk.~&{ati o Florids a~ L e ~ L-268 FLA. R.E. g~~~ ~ ~AGE ` - , ~My 6ommissiun expires: - ~ r oR~~~~A,_~ r~ 4~ s/Z f!~ ~ ' ~ : ' _ ~ `Y ~ _ _ ~ _ ~