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HomeMy WebLinkAbout2188 i• 1rii• lattrvweat wu pr~pared bY ltattheM P. lkCaule~, y~istaat Cou~s~l, G~aeral ~erican Lif~ Insaraac• Co~paa~, 700 llarke~ strset, ~t. ~Loui~, 1q 63101. ~- ~ \7 ~,~ ~. 5304 MORTGAGE (FLORIDA) ,~~ ~ ~.~ 3 < : -. ~ , ~ TH[31NDSNTURB. Msde thia Z.~ : day ot ~~~, :"19 ~. between ~OHE~'1' 1~. l~i8La0N~ 40S I~o~ria ~~eaw, Snit~ #5, lort Pi~rc~, Florida 33~i50, lareinafter ref~rr~d to u ~ortaagor" and 18r ~IC~1 BANx OF PI-LM DZVCB C01Ai1?, 401 Diortl~l~k~ Donlavard, Nortb Pal~s D~seh, ~lorida 33408, b~r~inaft~r refernd to a~ "Zbrtsase~N: WITNESSETEi:'Iliat said Mortgagor does hereby Grant, Bargain.,Sell and Convey to Mortgagee the lollowing real eatate situated in the County ot st. Z,y,cie , State of Florida, to-wit: Th~ South 259.64 feet of that part of th~ Sonth 1/2 of th~ Sonth~east 1/4 of 8ectioa 15, 1~~hip 35 3outh, ~tange 40 Yut, bouad~d ca th~ South b~ the 130 foot risht-of-Ma~ for Virainia ~~aaue, on the Bast b~ the 80 foot risht-of-~rq for Oleaader Soula~ard, aa the North b~ the 50 foot risLt-of~a~ for Southern Aveaue aad on the ik~t b~ the SO foot rigbt-of-xs~ for 8onth lOth Street. (The note secnred b~ tM• w~rtg~e coataias th~e follaring clause: pAt an~ tiae after tea ~10) ~ears fz+o~ the date of tbe fir~t a~ortised pa~went due heresader,. the holder of tbis note sa~,at the holder'a optioa aad upon •iz (6) ~oatha' prior ~rritten notice, declare the eatire mpaid principal balance of tbis note, ~-ith ~ecrned iatere~t and aa~ additioaal ~vrs to be paid berevnder or undar tbe ~o-rt~age securin,g this aote, as ~cceleratcd and i~ediatel~ due and pa~able.p) • L ~ ~~ in PaY~n~ Of Texea • ' RECB WR~; S I~-L -- -- ' . Due On G+ass "C.. tnlarW~bie PetSOt~l PTOpOnY• - 71. ti 34. Aca OE 1871. r, - Pu~suant 7o ChaptK i~ ~ ROGEN PORM~ l"r' - - -- - ~~k ~iroult Cou~6 ~ LaoiR C~„ ~N. / together v-ith all buildings and impmvementa thereon, witl~ all street, easements, privileges, fiereditaments and appurtenances and fixtures thereunto belonging, and also together with all rquipment tor heating, including any and all oil burners, gas burners, or stokers; plumbing equipment, including veater heaters: lighting equipment, including electric fixtures; cooking stoves: retrigerators and al) motors therein or u.sed therewith whether said re(rigerators are ot the built-~n or plug-in type; built-in incine~awrs: all equipment fot air conditioning and ventilating: clothes washing and drying eyuipment: mechanical dishwashers: kitchen cabinets: garbage d~sposal eyuipment• linoleum and asphalt tile; elevators and equipment connected thereveith: v~ral! or door beds, mirrors attacfitd to the structure: ~enet~an blinds; window and door shades: windoM and door screens; storm windows and doors; metal and cloth awings and ,uch other goods, chattels and personal propeny as are ever turnished by a landlord in rnnting or operating an unturniahed building similar to the building erected upon the mongaged prem~ses, whether now or hereatter installed therein, shall be deemed by Mortgagor and Mortgagee a~-d all parties c{aiming by, through or under them, an accession to the ireehold and a part o( the realty. and this mortgage shall be a first lien thereon. Said described land, buildings, improvemenis, fixtures. equipment, hered~tament~s and appurtenances are fiereinatter referred to as the "premises." The specific enumerations herein are not to be construed as I~mitinq the general. TO HAVE ANU TO HOLD the above•granted premises with all said easements, tenrments, hereditaments, appurtenances and other righta and privileges thereunto belonging or in anywir,e ~ow or hereatter appertaining unto and to the use of MortQagee, its s~ccrssors and assigns forever. ti10RTGAGOR HF.REBY COVENANTS w•ith 1ltortgagee that Mortgagor ~s ~ndr(rassbh~ ~e~zed of thr morigagrd prem~ses in (r~ simple and has tull pov-er and lavrful right to seli and rnnvey ~he same as aforesa~d: that the mortgagcd prem~ses are free and clear o( all liens and encumbrances except as herein otherv-•ise recited: that Mortgagor w~ll make and execute such turiher assurance to pertect the fee simple title to the morigaged premisrs in said Mortgagee as may reasonably be reyuirrd: and blortgagor doe~ hrrebv (ully• warrant thr title to said mortgaged premises, and every part thereot, and will detend the same againat the lawtul claims and demands of all persons. Mortgagor (urther covenants and agrees with Mortgagee as [ollaws: 1. That this mortgage is given tc secure the perforntance and observance of the covenanLa, conditions and agreements herrin rnntained and the payment of the principal sum of gIYB fliA~IDRED SSVBiiTY-FIVB 1~l0USAND AND ~10/100 ~---- ----- --~--------l--------------------------~------^-----------~ Dollars~i575QQQ Q~ ' veith ~nterest thereon according to the terms of a certain prom~ssory note o( even date herewith, executed and del~~•ere~ b~• A~origagor :~nd payable to the order oi Mortgagee at its atoresaid principal place o( business, or at such othe~ place or places as Mortgagee may (rom time to time designate; principal and interest to be paid in ~nstallments as specified in said note. fina) payment of said princ~pal and ~nterest if not sooner made, to be due and payable on the first day o( .1~11y . ~9 96. With ~nterest at ~MO p!! Clift~~.~ O~ T per annum while any default exists in the mak~ng of any said payments or ~n the pertormance or observ-t ! L11QR ance oi anv convenant, rnndition or agreement in said note, or in any instrument now or hereatter ev~dencinR or :;~MUnng theCYMltit same, and the holder of said note may apply payments received on any amounts due therrunder or under the terms o( e~yintere~t instrumenl now or hereatter evidencing or securing ssaid note, as such holder may determ:ne. Litt 2. To pay aU suma including interest secured hereby when due, as provided (or in said promi~sory note and any renewal, eztension or modification there~t as-d in this mortgage, all such snms to be payable in iawfui money o( the L'nited Statec of America at ~tortRaqee ~ aforesaid principal oR'ice, or at such other place as Mortqagee may des~Rnate in writing. I;t ~ ~ :,~~~,~ 34~ ~~~E ~1~ K r _ .. _ _ . -- . - - _ ---_ - _ __ _ ~ ~~..~ _ . e__ . _ _ _ _ ~