HomeMy WebLinkAbout1739 _ a
RE-RECORD PS-324 a /
1
i
483~;~?9 ` ' •1 t Th1t tone is uses in corrnectiorr
1'NIS IN3TRU1dENT PRFPAREO BY. Y ~ ~ v ttN
Nanc e J . Gun ~ • o~ of
TITLE & TRUST CO. - ABST. & TITLE DIV. ~
8300 3. FEO. ?{yyy,~ PORT ST. LUCIE. FLOtt~OA ~JI
MORTGAGE '4gb~l8rT
R~"R~'oRo
THIS MORTGAGB, dated the 11th day of Ap r i 1 , A.D. 19 80 , by and, between
ANGELO D'AMICO and ELENA D'AMICO, his wife hereinafter
called the mortgagor, and SUBURBAN COASTAL CORP.
a oorpontlon organized and existing under the laws of NEW JERSS~
hereMafter called the mortgagee.
WITNESSETH, that for diver: good and valuable ooasideratlons. and also in considentloa of the aggregate sum Warned in the pro-
miuory note hereinafter described, the said mortgagor does hereby grant. bargain, sell, alien, remise, release, convey, and eoafirm unto the
said mortgagee all that certain piece, pared, or tr~ of dad of which the said mortgagor is now seized and possessed and in actual pos-
session,situate la the county of St . Lucie Z ~j
and State of Florida, described as follows:
Lot 7, Block 119, PORT ST. LUCIE SECTION TWENTY-SEVEN, according
to the plat thereof, as recorded in Plat Book 14, pages 5 and 5A
through 5I, of the Public Records ofSt. Lucie County, Florida,
together with Carpet, Dishwasher, Self-cleaning stove, central heat and air.
.r - ~ i P.NMneaT.N,.
_ [)mac"UMEN:<~k~::. ;{~~,y;~^~~,, Ow OA
P.B. , S v . \ ?i ~ U U. ~ Q I ~trwwit Ti ~ ~
'I
THIS MORTGAGE DEED IS BEING RE-RECORDED TO CORRECT VARIOUS ERRORS
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-
dam thereof; also all gas, rieam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, 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.
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 reversion and reversions, remainder or remaiaden, rents, issues, and profits thereof, and also all
the estate, right, title, interest, homeriead, 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 thereof, with the appurtenances of the said mortgagor in and to
the same, and every part and pucel thtreof unto the said mortgagce in fee simple.
And the mortgagor hereby covenants with the mortgagee that he is indefeasibly seiud of said land in fee simple; that he has full
power and lawful right to convey the same in fee simple as aforesaid; that ii 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 hard is and well remain free from all encum•
brancea; that said mortgagor well make such further assurances to prove the fee simple title to said land in said mortgagee as msy be reason-
ably required, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and will defend the same
against the lawful claims of all persona whomsoever.
PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions; to wit:
The mortgagor agrees to pay the mortgagee, or order, the principal sum of Forty -Four thousand Two H u n d r e d
r Fifty and No/100--------------------------------------~ollars(S 44,250.00
5
as evidenced by a note of even date herewith, witfi intereri from date at the rate of F o u r t e e n
per centum ( 14 ~ per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
office of Suburban Coastal Corp. P. 0. Box 1328, Passaic, New Jersey 07055
o r at such other placx as the holder of the note may designate in writing, in monthly installments of Five Hundred Twenty -
your Bollars and Thirty-Six cents----------- Dollan(S 524 36
ommencing on the first day of June , 19 8 0 ,and on the first day of each month thereafter until the
principal and intereri are fully paid, except that the fural payment of principal and interest, if not sooner paid, shall be due and payable on
~ the first day of 1•t a y , 2 010
And shall duly ,promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the
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.
And the mortgagor further covenants a: follows:
1. That he well pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
to one or more monthly -payments 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 least thirty (30) days prior to prepayment.
8331 P~~i?38 i
Rplaoa Form FHA-21 tOM, which it Obwl~p BROK PdGE1,~ STATE OF FLORIDA
R~-~$C01~ HuD-inttaa ttzasl