HomeMy WebLinkAbout1333 - O ~
x ~ i'~ ~ ~ Thie torn a w.e M oor+r»eetoe
ore- to tow-hnriy ~oaiMa+s of
the Natlonat 1buMrq Ad.
MORTGAGE
'f>EIIS 11l0RTGAGB, dated the 14th dq of December , A.D.19 79 , by md, between
JOSEPH L. MILLER grid DOROR'HY J. MILLER, his wife heteinaher
called t110 mortgagor, and SUBURBAN COASTAL CORP. ,
, a oorposation and existing under the Lws of New Jersey
hereinafar called the nwctga~ee.
1fR'tNBS.RBTH, that for dhen Good and valuable oonddeatlom. and abo in ooaNderation of the aggtepte sum unread m the pro-
missosy note heseinafler described, the said matgatot does hereby grant, bargak, sell, aikn, nmbe, rekw, eoavey, and coatirm unto the
aid mortggee ail that certain piece, parcel, a trsct of land of arhkh the uid aartpeor is noM sekad gad posteaed and is actual pa-
session, dtuste is the county of St, Luce
and State of Fbrida, deaedbed as follow::
Lot ll,.Block 475, PORT ST. LUCIE, SECTION 26, according
to the Plat thereof as recorded in Plat Book 14, Page 4,
. the Public Records of St. Lucie County, Florida..
THIS IS A CORRECTIVE MORTGAGE TO CORRECT CERTAIN
SCRIVENER'S ERRORS IN THAT CERTAIN MORTGAGE DATED
DECEMBER 14, 1979 AND RECORDED IN O.R. BOOk 322,
BEGINNING ON PAGE 640 OF TAE PUBLIC RECORDS OF
ST. LUCIB COUNTY, FLORIDA.
~QUNM'""
Raoaiwd • ~L, tn'i~K Of Tisas
Ow On C1saa "C" p~~a prraarrtl
hrwtatrs Ti Clrapyr 71. tip A~.q 1A't.
110 ~M y!K /
pMtll~tiittl~ ae 4~.11a
Together with all structures and improvements now and hereafter on aid Iand, and ftxtures attadied thereto, and all rents, issues,
proceeds, and proftb aaxuing and to aocnie from said premises, an of which are inducted within the foregoing description and the haben-
dum thereof: also an gas, steam, ekctrlc, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irri8etirrg, and
power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or as
said premises, even though they be detadted or detadiabk.
~ TQ :iA!'Q AIdD T'Q tY?LI? the same, togetlnr with all and mar the tenerrrnts, heredit>m~enls and appurt~ces thereunto be-
longing or is anywise appertaining, and the reversion and reversions, rerrcalnder or remainders, rents, incres, and proftts thereof, and also all
the estate, right, tltk, interest, homestead, dower and right of dower, separate estate,possession, daim and demand whatsoever, as well in
law ss is equity, of the said mortgagor iA and to the same, and every part thereof, with the appurtenmces of the said mortgagor in and to
the same, and every part and puod thereof unto the said mortgagee is fa sirapk.
And the mortgagor hereby covenants with the mortgagee that be h indefeasibly ~d of aid land in fee simple; that he has full
power and lawful right to convey the same io fee si,npk a: aforeaid; that it shall be lawful for the mortgagee, at all times peaceably and
quktly to enter upon, hold, occupy, and enjoy aid ~artd, and every part thereof; that the land is and will remain free from all encum-
branoes; that said mortgagor win make such further sssurmce: to prove the foe simple title to said lmd in said mortgagee a: may be resson-
:~bly required, and that :aid mortgagor does hereby fully warrmt the title to said land, and every part thereof, and wr71 defend the arse
against the lawful claims of an peaoas whomsoever.
PROVIDED ALWAYS, and these presents an executed and delivered upon the following conditions, to wit:
The mortgagor agrees to pay the mortgagee, or order, the principal sum of
THIRTY-SIX THOUSAND SEVEN HUNDRED FIF'i'tf and NO/100 ---------------Dollars (536,750.00
as evidenced by a note of even date herewith, with interest from date at the me of Eleven and one-half
per centum ( 11, 50 per annum on the unpaid baimae until paid. The said principal and interest shall be payable at the
office of SUSUR>~AN COASTAL CORP. , P,O. Box 1328, Passaic, Neti+ Jersey 07055
g or at wch other plsoe as the hdder of the note may desigpato in writing=in monthly in:taWnents of
THREE HUNDRED SIXTY-FOUR and 19/100- -Donau 364.19
commencing on the ftrst day of February ,19 80 ,and on the first day of each month thereafter until the
prindPal and interest are fully paid, except that the final payment of prindpal and interest, if not sooner paid, shall be due and payable on
th¢ first day of January, 2010.
And shall duly ,promptly, and fully Perform, discharge, execute, effect, complete, and comply with and abide by each and every the
stipulations, sgreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby
crated shall ease and be nWl and void.
And the mortgagor further covenants >s follows:
1. That he wnl pay the indebtedness, as hereinbefore provided. Privilege is reserved to psy the debt in whole, or in m amount equal
to one or more monthly payments on the principal that an next due on the note, on the first day of my month prior to maturity:
Phnrldtd. however, that written notice of m intention to exercise such privr7ege b given at kart thirty (30) day: prior to prepayment.
tiTATE OF FttMSDA
` n' ~5 r~1~2"l
R~pboM Form FHA Z110M, wAkh b Ob~olan HUl}~9'1110M 11 Z-~81