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HomeMy WebLinkAbout1590 } • ~ t PSL-164 . r3- ee Tt+h ronn h ufad to cortnaction ~ RO.11~ with rnortpapaa ir~wrad under tM S one- to four-famiy provhionf of tM trational Hoofing Act. ! MORTGAGE R THLS MORTGAGB, dated the 13th day of March . A.D. 19 80 , by and, between CHARLES C . KITZMI LLER and LESA L . KITZMI LLEP,, his wife heininatlter called the mortgagor, and SUBURBAN C(?ASTAL CORP . . , a corporation organized and existing under the laws of the State of New Jersey heminaRer called the mortgagee. Nil'ITVF.SSETH, flat for divers good and valuable considerations, and also is consideration of the aggregate :tun named iA the pro- missory note heminafter described, the said mortgagor does hereby grant, bargrsiin, sell, alien, remise, mlease, convey, and confirm unto the said mortgsgee aD that certain piece, parcel, or tract of land of which the said mortgagor is now seined and possened and is actual poa- session, sitwte in the county of St. Lucie and State of Florida, deatxibed ss follows: 3..., . ~ " . " ~ The North half of Lot 9, and the North half of the West half i 2 1 4 ~ G of Lqt 10, Block 2, WHITE CITY ESTATES, according to the Plat -~•~~,~,r'~''" _ thereof as recorded in Plat Book 9, Page 48 of the Public 3 r ~ 2 P.ecords of St. Lucie County, Florida . - ~ y m T RECENIED s 10b. 3o IN pAVMEM OF tA>tEt ..•°i " ODF Gii Clr LS 'C' iNTAN6 8LE PiRSOiUIL MtDPt'sRTY, !11 :-.r . P{tRSUANi TO GHAPTfi 7f-:~J, ACTS Oi H71. ! fJLERK CiSClfti COIIaT. ST. 1a1Ct Ctl!. iLA.~ ~ Cie , - , - [70 O ~ II Together with all structures and improvemenb now and hereafter on said land, and fixtures attached theinto, and all renb, issues, j proceeds, and profits accruing and to accrue from acid premises, all of which era included within the foregoing description and the haben- dam thereof; also all gas, steam, electric, water, and other heating, cooking, infrig~erating, lighting, Plumbing, veatr~ating, irrigating, and power systems, machines, appliances, fixttuea, and appurtenances, which now sin or may hereafter pertain to, or be wed with, in, or at" said pinmises, even though they be detached or detachable. ~ TO HAVE AND TO HOLD the came, together with all and singular the tenement:, hereditamenb and appurtenances theinuato be- longing or in anywise appertaining, and the inversion sad inversions, remainder or remainders. rants, iss•~es, and profb thereof, and also all the estate, right, title, interest, homestead, dower and right of dower, separate estate, possession; claim and demand whatsoever, as well in law as in equity, of the. said mortgagor in and to the same, and every part theinof, with the appurtenances of the said mortgagor in and to the same, and every part and parcel thereof unto the said mortgagee in fa simple. And the mortgagor hereby Covenatlb 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 rime in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all tunes peaceably and quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the land is and will inmain free from all encum- brances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be inason- ably required, and that said mortgagor does heinby fully warrant the title to said land, and every part thereof, and wdl defend the same against the lawful claims of all persona whomsoever. PROVIDED ALWAYS, and these pinsenb,ain executed and delivered upon the following conditions, to wit: The mortgagor agrees to pay the mortgagee, or order, the prtncipal sum of FIFTY THREE THOUSAND ONE HUNDRED FIFTY and no/100--------------=----------------------------------Dollars (S 53,150.OQ thir n as evidenced by a note of even date heinwtth, Nnth mtein:t from date at the rate of tee ~ per centtun ( 13 per armtun on the unpaid balance until paid. The said prinapal and interest shall be payable at the ~ office of SUBURBAN COASTAL CpP.P-, - R. 0. Box 1328 in Passaic, New Jersey or ~t such other play as the holder of the note may designate in writing, in monthly installmenb of 6 FIVE HUNDRED EIGHTY EIGHT and 37/100--=--------------------------Dollars (S 588.37 I commencing on the first day of May ,19$0 , and on the first day of each month theinafter until the principal and interest sin fuDy paid, except that the final payment of principal and interest, if not sooner paid, shall be dtm and payable on ~ the first day of April , 2010. 4 b 1 r And shall .duly ,promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the stipulations, ageemenb, conditions, and covenanb of said promissory note and of this mortgage, then this mortgage and the estate heinby created shall case and be null and void. Md the mortgagor further covenants as follows: € I .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 paymedb on the principal that are next due on the note, on the first day of any month prior to maturity: Provided, however, that written notice of an intention to exercise such privilege is given at kart thirty (30) days prior to prepayment. ~[~t ^ ~ . ff~-~~Q~ ~j ~ / I t ~•s~c 12'1 g xrsrc nF c~ nw~ne ~