HomeMy WebLinkAbout2335MORTGAGE DEED ~ J~i~;319 ~~~ ~ ` ~ ~~ ~
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Made this 26t1, day of ~~'arc~~
THIS INDENTURE
, 19~1
BETWEEN OLIV~.': i:CPlIEI:SO`: A;:~ ROS£ t'ARI~ ?aCi'lii::S(:~;:~ -;is wif~~
called the Mortgagor(s) and ASSOCIATES FINANCIAL SERVICES COMPANY UF FLORIDA,
INC. called the Mortgagee,
~VITNESSETH, That the said Mortgagor{s), for good and valuable consideration the receipt
whereoi is hereby acknowledged, do(es) grant, bargain and sell to the said Mortgsgee, its successors
and assigns forever, the following described land, situate, lying and being in the County of
St. Lucie , State of Florida, to-wit:
~~,~5
' Lot '?f ~ S;.erican rlaza~ L'r.it ?, ~eplet, accordir.r to the Plat t~~ere~f, ~s recorded ;r
P:at T'.oo': i~>~ Pa~e 2, Public F;ecords of St. Luc:e ':ounty, Florida.
~-y~= 7^2 ~2$.7~
ly.4lC 111 ~~`i~nZ ~ *A"'rs!
RC"f11'ED St vf '~~E PEP.SC :~l ~SKIPERTY`
cr: cv a•' , ~- ~cts oF a~~.
PL~•S:i;JJi TO CH,PT-Y T1- =4.
p;6~A Pu11F.K ~l';
c~c~c u~cort co~rt. st. uaE ae. ~' f'
and the said biortgagor{s) do(es) hereby fully warrant the title t~ said land. ~-nd will defend the same
against the lawfui claims of all persons whomcoever.
PROVIDED ALWAYS, That if said Mortgagor(s), ttteir heirs, legal representatives or
assigns, shall pay to the said Mortgagee, its legal representatives or assigns, a certain loan agreement
dated t'arci~ 26t.; , 19 gi in the total amount of S 1195~.04 , wh;~h includes
S 7~:'r:.':'_ principal and S 47~3.:'~~ interest atl~. ~8 ~ and payable in monthly installments
of S?•`~b.'.?C~ beginning on :'at~ ~n~ , 19 ~1 , and shall perform and comply with each
and every stipulation, agreement and covenant of said loan agreement and of this Mor:gage, then this
Mortgage and the estate hereby created shall be void. And the said Mortgagor(s) covenant(sl to pay
the interest and principal promptly when due; to pay thc taxes and assessments on said property ;
z~ to carry insurance against fire on the building on said land for not less than S'~r+533.00 . ap-
:;,, proved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to
, ~ be held by the Mortgagee, to keep the building on said land in proper repair. :~4ortgagorts) further
-- "~ covenant(s) not to sell, further eiicumber or transfer title to the property encumbered by this ~1ort-
Ragee without ATortgagee's prior written approval.
~ d
~• ~
1 Should Mortgagor(s) sell, convey, transfer or dispose of said property, or any part thereof, or
"~,_i any interest therein, or aer~e to do so without the written consent of Mortgagee beirg first obtained,
~-~ then Mortgagee shali have the right, at its option, to declare all sums secured hereby immedi3tely due
= ~ ~ and payable.
- ~
~~ z Sh.ould any of thz above covenants be broken, then said note and all moneys secured hereby
~- :• ` shall, without demand, if the Mortgagee, its legal representatives or assigns, so elect, at once become
~'' due and payable and the mortgage be foreclosed, and all costs and Pxpenses of collection of said
`-' moneys with or without suit, including a reasonable fee for the Mortgagee's attorney, shall be paid
by the Mortgagor(s), and the same are hereby secured.
IN WITNESS WHEREOF, The said Mortgagor(s) hereunto set t':e i r hand
'.; and seal the day and year first above written. ~
` Sigr.Pd, sealed and delivered in our nce
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This Instrument prepared by: A. Y~~'.:"
Address t^ pG:~, ? 3Y s' .:c? ~ o:,r~c~ ct. 32?^2
6~ao2 K~~. 3-go `'~ 351 ~ ~3`31
;`;~x • i'l.vE._. .