HomeMy WebLinkAbout1279 PSL-164 i o"
i
Thb Iorln b used In connection
with mortOaOas inwrad under tM
one- to lout-famiy provisions of
tM National Houain~ Act.
MORTGAGE
:
THIS MORTCAGB, dated the 13th day of March , A.D. 19 80 , by and, between
CHARLES C. KITZMILLER and LESA L. KITZMILLEP., his wife hereinafter
called the mortgagor, and SUBURBAN Ct1ASTAL CORP .
a corporation organized and existing under the lawn of the State of New Jersey
hereinafter called the mortgagee.
W[TNESSETH, that for divers good and valuable considerations, and also in conaideratioa of the aggregate sun named in the pro-
missory note heninaRer described, the said mortgagor does hereby grant, bargain, sell, alien, remise, release, convey, and confirm unto We
said mortgsgee sll that certain piece, parcel, or tract of laud of which the said mortgagor is now seized and po~essed and is actual poa-
session, situate is the county of S t. L u c i e
and state of Florida, described a: follows:
A•,'1~-
The North half of Lot 9, and the North half of the West half ~ 2 i ~
of Lpt 10, Block 2, WHITE CITY ESTATES, according to the Plat ~
x
thereof as recorded in Plat Book 9, Page 48 of the Public `s. ~ m vT
z~:
- P.ecords of St. Lucie County, Florida . w ? •
i _ fr
.
RfSE1VED : I Ob. 30 IN MYStElIT Of 1A><ES ' !
DUf 0~1 CL~ LS 'C' INTAN6 8LE PiRSOiiAL PROPt'saTr, = ' ,
PfiRSUANi TO 6HAPTfS 71-::.~4, ACTS OF tilt. t 11
n y. ~ 0 ROGER PGITRAS 1! : ^
t~FRlI t1ACaT COURT. ST. lt1CE Ct#, t~,lt,~~ ~ ~ ~
rn
~ - ~
Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
proceeds, and profits accruing and to accrue from acid premises, all of which are included within the foregoing description and the haben-
dum thereof; also all gas, rieam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventrlating, irrigating, and ,
power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on
said premises, even though they be detached or detachable. -
I TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto be-
longing or in anywise appertaining, and the_reveraion and reversions, remainder or remainders, rents, issues, and profits thereof, and else all
the estate, right, title, intereri, homestead, dower and right of dower, separate estate, possession, claim and demand whatsoever, as well in
!aw as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in and to
~ the same, arld every part and parcel thereof unto the said mortgagee in tee simple.
And the mortgagor hereby covenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full ,
power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and
quietly to, enter upon, hold, occupy, and enjoy said land, and every part thereof; that the land is and will remain free from all encum-
brances; that said mortgagor wrU make such further assurances to prove the fee simple title to said land in said mortgagee as may be reason- l
ably required, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and wr~l defend the same
against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
The mortgagor agree: to pay the mortgagee, or order, the principal sum of FIFTY THREE THOUSAND ONE HUNDRED
FIFTY and no/100-------------------------------------------------Dollars (S 53,150.00 ~
as evidenced by a note of even date herewith, with intereri from date at the rate of thirteen
~ per centum ( 13 per annum on the unpaid balance until paid. The said principal and interest shall be payable at the a
offix of SUBURBAN COASTAL COPP . - P . 0 . Box 1328
w
in Passaic, New Jersey
or at such other place as the holder of the note may designate in writing, in monthly installments of
FIVE HUNDRED EIGHTY EIGHT and 37/100------------- ------------Dollars (S 588.37 )
commencing on the first day of May , 19 $0 ,and on the first day of each month thereafter untr~ the
. principal and interest are fully paid, except that the fitral payment of principal and interest, if not sooner paid, shall be due and payable on
the first day of Apri 1 , 2410. -
Md shall duly ,promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the t
stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby
created shall cease and be null and void. ~
Md the mortgagor further covenants as follows:
l .That he will pay the indebtedness, as hereinbefore provided. Privilege is resernd to pay the debt in whole, or in an amount equal
to one or more monthly payments on the principal that are noxt due on the note, on the first day of any month prior to maturity:
s Provided, however, that written .notice of an intention to exercise such privilege is given at kart thirty (30) days prior to prepayment.
t
32 ? ~ ~ ~ ~ ~ STATE OF FLORIDA
Reply Form FHA-2110M, which is Otrsolete HUD-92t i'?'.' •'12 7R1