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HomeMy WebLinkAbout1936 ~ 7~ . REAI. ESTATE MORTGAGE ~~9'703 ` (Please print ~x type all names and addresxs) 27th ~a ot ~Tune . ~9 79 , by ' TNIS MORTGAGE, msde ~he r ~ ~ , ROBERT F. BELL $ CAROLYN BELL ' _ (called Mortgago~ hercin) ~ ; o~ 1?2North 12th Street, _ c~~y oF ~Qr.~ P;P-~ ~ta_ ~;eSn co Home Gpial Corp. (allod Moirga~ee herein): ;16 00 ~ W ~SQ thst Mort gor bss e~ecuted this da[e a promissory note. ia the priacipal sum of~a- ~ tP,1'e~t per SIIIµ11.~R 18. 00~ st the cate provisio~u sated tbereia p~y=bk at tde offias ot Ho G ital Corp. _ ~a. ~o 7 ~(1 consecutive monthly installmeats, ach iasullmeat ia the amouac o[ S • the tirst ~nstaun~ent payable one month from the date of this mortgage unkss a differcnt date is insertcd Ixce $f 1~79 . the balance of installments payable on even date of each succeeding month theceafter u~til fully paid. NOW, THEREFORE. to secure the Payment and perfonnance by mongagor of the promissory note. and the pert'onnance of the covenants her~ein rnntained and to induce Mongagee to enter into the promissory note with Mortgagor and for good and valuable con• 4 sideration. the receipt of which is hereby ack~owkdged. the hlongago~ does hercby grant. sell and convey to Mortgagee. ics heirs, oxxutocs. successors or assigns the following deuribed rcal estate situated in the County of St P • State of Florida described as folbws: Lot 8, Block 1, M. E. GOLDSMI'I]i'S ADDITI~V 'PO 11-IE CITY OF FORT PIERCE, according to the Plat thereof, recorded in Plat Book 2, Page 6, of the Public Records of St. Lucie Cou~ty, Florida. RECflYED 3~. (e S ~ PAYt,tFNT QF TIIXES _ I- ~ ~ t~" Q!1 Cl'SS 'C' INiAN6t81E PERSO1tA1 ~RQp~n~ ~l0 • ~~~~5~%~ll~ TO tl{ppTER ~i-1~4, RCtS OF 1971, i.i~tx p..~i1~T C R~ucR POITRAT ~ sT• wc~ a'~. R~-'r Together with the impcovements hereditarnents, and appurtenances thercto now or hereafter belonging. the ~+ents, issues and poofits thereof, and all fixtures now or hercafter attached to or used in connectiun with the prrmisa dac[ibed above. To have and to hoid the above mortgaged property unto the Mortgagee. Mortgagee's tieics, executors, adminiurators, successors or assigns, to MoRgagee's own proper use. beaefit and behoof forcver, provided that upon fullP}y~r~~t pe~formance of the pmmissory note, and the keeping and perfortnance of ali the covenants stated hercin, then tfiis Mortgage alfd prdh~~ry note sha11 be null and void, otherwise to remsin in full effect. Any renewal of the promissory note, or the extending uf payments of any installment thereof shall not wrcive aa~ rights of the Nlortgagee created hereby. Sho~id the premises above described be sold or conveyed or in the event any mechanics, materiaimen's, workmen's. judgmeoc ortax liens lie against the premises, or this or any mortgage covering the prcmises shall be ~n default, on or after the date hercof or should the promissory note be m default, then the indebtedness secuced hereby, tog~ther with accrued interest to date shall at the option of Moctgagee immediately become due and payable, anything thercin to the contrary notwithstanding. Upon such default or any default in the perfortnance of the ~rovenants herein, Mortgagce may enter upon and take possession of the j said prcmises. receive the rencs and profits thereof and to apply the .ame toward the payrtxnt uf taxes, upkceP of the property and the ~ fullfillment of the covenants of this mortgage: or at the option of Mongagee, tu cause a rcceiver to be appointed; or co xll or cause to be j ,~~Id the property hereby mortgaged and to cnnvey the ~ame to the purchaser. pursuant to th~ stawte in such case made and provided and ' uut of the procads of sucd sate eo rccain the moneys due under the ternu of this mortgage. che cost and charge of such sale. and a reasonabk attorney's fee. Mortgagor will keep the prcmises fuliy insured against loss by fire and lightning and auch oeher risks as Mortgagce may rcquic~e, wnh insurance company orcompanies sausfactory to htortg•rgee, forthe benefit of Mortgagee in default thercof viortgagee may. but shall not be obligated to, insure the same. Such experxii[ures for insurance by Mongagee ~hall become so much additional indebtedness secured ~ hereby. Mortgagor ~h•rll pmvide, upon Mortgagee's request. evidence uf insuranre coverages, which coverages shall also provide for ten l 101 days' pnor wrinen ncuice to mongagee of any cancellation ~ir material modificatwn uf insurance. Mortgagee shall have the op- tion to receive and apply the same on account of the indebtednes+ ,ecured hereby or to permit said mortgagor to rcceive it and use it or ~n~• Part thereof for other purpo,es without thereby waiving ur imp~inng ~ny eyuity, lien or right under or by virtue of this mortgage. No building un the prcmises shall be removed or demolished withouc the conxnt of Mortgagee and Mortgagor covenants not to commit or permit waste of any kind upon or on said property. Mortgagor wiU pay all taxes, ass~ssments or water rates, and any mortgage installment on this property and in default thercof. `lortgagee may pay the sartte. but shall not be obligated to do so notwithstanding the security hereby provided for such. Mortgagor shall be in default under this rn~rtgage, and the amount paid shall be w much additional indebtedness secured hereby. The failure of tifortgagor to pay any part of any installment of taxes. ~~ssments or insurance pnemiums urxier the provisions of this mort¢age at the time or times when such items are due :u~d pay~ble, shall constitute w~te within the meaning of applicable Florida law. Aoy amounts paid by ~lortgagee for in~ur~nce. taxes, assessments. N~ter rateti and any morte~ge installment on this property shall bear interest at the highest lawful contract rate, and ~hall be paid by ~lortgagor upon demand. titortgagoris) hereb~ relinyuish all rights of homestead. ~ This mortgage shall inure to the benefit of the successurs and assigns of Mortgagee and shall be binding upon the heirs, eaecutors, wccessors and lega! representatives of vlorteagor. , ~ I:V WITiVESS WHEREOF. ~tortgagor has s~ened thi, in~trument un the day and year first above w~ritten. ~ ~ Signed d Delivered in the presence of: ~ ` ~;~.J . ~ ~ ~ - - / . ~ ROBERT . BELL ~ tilortgagor? z ~~r~~~ ~ ~ _ - CAROLYN BELL (Mottgagor? ~ ~h,•o witnesses must s~Rnl In•p~ ur print numes htneari? signu~urel ~ I This instrument was prcpared by: rJ ~~11 19~~ . 3~nr• AL i LAWYEILS TITLE INS[JRANCE CORPORr~TION ~~AREI~I S. B~RICWELL ~ pucumentar~~ Stamp Here ~ ~ - P: ot Eox 38~5 - - - - - ~ Fort Pierce~~~~~1 33450 !f J~KUment~ry .tamp> ~re not affixrd here. they have been ~ aCti~ed to tite ~3ote.