Loading...
HomeMy WebLinkAbout0049 • -t - - HI2F3aF~N, McALtTT F'Y awsa?a oEio 4~~6 ~ HAYtaKAIt & '•YAI.II~1' ATTORNEYS l~j~~lV o. eot j ~ /~J TORT ?1[RCt. /LORIDA . Execueed the 7th day of Deoet~ber A. D. t9 79 6y JOE H. JILTON and IAUISE G. JII.TODI, his wife, hereinafter called the mortgagor, to FLO~tIUA BANK AT FORT PffibCE, a banking corporation organized and existing under the laws of the State of Florida hereinafter Ealled the mortgagee: (Wherever sited bereiw the terms "ttwrtsa[or" awd "wwrtta`ee" iwclude ap the parties to this iwatntsewt awd the htin, hrRal repreteatativa sad aa~~ws o[ iwdiridwah. awd the attccessors awd astitiws of corporatiota• awd the tents "wore" includes ail the Dates beeei~ deaerihed it sore thm owe.) ~`u~~~r that for good and valuable considerations, and also in consideration of the aggre- gate sum named in the promissory note of even date herewith. hereinafter described, the mortgagor here- by grants, bargains. sells, aliens, remises, conveys and confirms unto the mortgagee all the certain land of which the mortgagor is now seized and in possession situate in Saint Lucie County. Iilorida. viz: . Lat 2, Block 5, QORAL DOVE BEAC~i SEXTION as per plat I .thereof, reoorc7ed in Plat Book 11, at pages 30A and 30B, of the Public Records of Saint Lucie County, Florida • Z~iIS IS A SDOOI~ID MOR*PGAGE. A failure by the Mortgagors to make payments due upon the first Irbrtgage shall be deett~d a default of the Note secured hereby and of this Mortgage. Nbrtgagee, if it so elects, may pay any and all payments, d~~ges, interest, Late chaiyes and other ' fees whidi may aocnte upon any default of the first Mortgage, ' and such atrnunt so paid shall be secured by this Mortgage, and repaid with interest at the rate specified in the Note , secured hereby by the Mortgagor within fifteen (15) days after ' i receipt of written notice of suds payment. .I Zhe Mortgagors further agree to pay all tax, assessments, and utilities that may be levied and assessed against the property - - herein, subsequent to the date hereof, aixi agree that if the ~ Mortgagor shall fail to keep the property insured or to pay anY Premiums or pay ta~aes, assessments, or utilities, the - ~ the Mortgagee, if it so elects, may pay the same, and the amnunt so paid shall be secured by this l~brtgage, and re- ~ paid with interest by the Mortgagor within fifteen (15) days f after the receipt by Mortgagor by written notice thereof . _ • ; t.. Failure to make such payments shall be deemed a default of `":r-~ the Note secured hereby in this Mortgage. _ _ • ~ ~ ~ _ - nc ~ ~ asoeiwa s ~i ~ Dui On Ctpg ~rtt Of Tjw,ta ~ ~ . Ta ChtaaN 71e i!~ ~ 1pf. ~Qill ~ ~ t f ~ AmY e.e.t A O