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HomeMy WebLinkAbout2522 ~ ~ . . . ~ . Knaw A,11 I1'Y~n by These Preseuts, ~ - .13~~5'~' .j ~ TIiAT, k'BTKR MAGDA and PATRICIA A. MACDA, his wife, ~ ~Z f ' ~ of Sti• ~~~.e County, Stato ~f rlorida, liereinnftcr calleci tho mortyagor, ~vhicii t~rn~ and sll pronouns used } in cannec:tion therewith, ehall txj construeci to include the singulnr und tha plural, the m~sculine and tho ferainine or the neuter, t?nd nlso the heirs, exec:uton~, ndministratora, successors and assigns of the mortgugor~ as the context mny ~ require, do }?ereby grant, barg:iin, Sell and convoy unto ATICO FIHANCIAL CORPORATION, a Delaware ~ corpoxation, authar ized to t~ansact business in Florida, hav~.ng iCs Houne Office i.n Miami, Florida, ~ hereinwfter called thQ inortgeigee, whicl~ tern~, ond nll pronouns used in coiinection there~vith, ahall be conatrued to include tho euc~easors and assignx of the mortgagee, as tlie context may require, thQ follotiving described real ~tate, with all buildinga Ana improvements now or liereafter erectecl thereon, bitunteci in ~ • Fart P3.erce , in the Co?tnty of St. Lucie nna State of Florida, to wit: ` ~ ' ' Lot 6, Block 2, of ORANGE BIASSOM ESTATBS, a ~ subdivision according to the plat thereof recorded in Plat Book 11, page 6, of the _ ~ Public Records of St. Lucie Gounty, Florida. . E: . . Mtg. ~ecorded~ i~ O. R. Bk~~ g~ . ~ C~~ . ~ , . ~ ~ ' ~ ~ ~ ROG~R .POITRAS, Clerk By D.C. ; ~'he ~ortgagor agrees to pay to the mortgagee on each date upon which interest ie ~ p~yable, if required by the mortgagee, such amounts as the morfigagee may ~atimaCe from time to time as necessary to crea~e and maintain a reserve fund frem which to ~ pay taxes and apecial assessments before any penalty attaches for nonpayment ~nd , ~ € premiums for such inaurance as reQuired herein when due; that payments from said ~ . ~ reserve fund for said purposes may be made by the mortgagee at its discretion; and ~ ~ that in ~he iefunding of money from said reserve fund at any time, the mortgagee ~ ~ i~ may deal With the party or parties at that time repxesented to the mortgagee as ~ ~ ~ the owner or owners of said praperty. . ~ o i ~ . • O . . ~ ~ IN PAYMENT OF TAXE4 - RECEIVED = ,C, ~NTANGIBLE PERSONAI. PROPERT~, . ~ s pUE ON ClASS j PURSUAkT TO CHAPTER 20724, ACT5 OF 19A1. . ~ ` 1 ROG R POITR~. Cl~rk Circuit G. ~rt ~ ~ . • as A9ent for CU ~TIS M. !/UJ1~S . - . - c ~ ~ ~ St. lucie unry 7ax Co ectar . - ~ /C~'e' . . ~ ~ . ~ By DEPUTY CLERlC . , . ~ . • . , _ . , ' . . . ~ ~ together with all and singular the eaaemente, tenements, hereditaments, appurtenances and other righta and privilege$ ~ i thereunto belouging or in any wise now or hereafter appertaining, and the renta, iasues and profits thoreof; and also all apparatus and fi~ctures now or hereafter erected or placed in or upon a~id real estate or now or hereafter attached ~ i to or ueed in connection with said real eatute, whether or not the same have or would become part of said real estate ~ by attachment thereto, ineluding without in any ~vise limiting the generality of the foregoing, all boilera, furnaces~ j k. heaters, stoves, ranges, o~l bumers, mantels~ gas and electric light fixtures, refrigerating apparatus, ventilating or air ~ 4 ; con di tioning sys t em, elevators, screens, screen doors, a~vnings, blinda, window shades, kitchen cabinets, floor coverings, ~ lobby furnishinga, gas and oil tanks and equipment, pipes, wires and ptumbing, all of which shall be considered as ; ' ~ ~ annexed to and forming a part af the freehold hereby mortgaged. TO HAVF. AND T0.HOLD the above-granted premise~ with all esic~ easementa, teneraents, hereditaments, appurtenances and other right~ and privileges thereunto belonging or in any wise now or hereaft,er appertaining unto ; and to the use of the mortgageo, it~ euccesaors and assigne, forever. ' THE MORTGAGOR HEREBY COVENANTS with the mortgagce that the mortgagor ia indefea,sibly eeized , of the mortgaged premises in fee simple and has full power and lawful right to sell and convey the same as aforesaid; ~ that the mortgagecl premises are free and clear of all lien$ and encumbrancea except as herein otherwiae recited; that ~ ~ i~~. the mortgagor will make and execute such further assurance to perfect the fee simple title to the mortgaged premises : j ; r ~ in suid mortgagee us may reasonably be requireci; and the mortgagor dces hereby fully ~varrant the title to aaid mort- gagecl premises, and every part thereof, and will defend ~,fie same against the lawful clairas ~nd demands of all persons. ` ANI) THE MORTGAGOIt HEREBY CQVENANTS AND AGREES: , ~ • 1. Thet this mortgsge ie grven to eecure the porfo:mance and obaervance ~f tihe covenante snd agreement,s E t ~ herein contained and the payment of the prineipal sura of _ ' r ~ ourteen Thous ~nd F~.ve Hu qdred and No/104 - - - • w - - • - • - ~ - - - - D°llare' . ' ~5 ~ with mterest t hereon according to the terms of a certain promiasory note of even date herewith, ' ~ execut~cl anc~~liv~red by said pg~ ~DA and PATRICiA A.. Ml~GDA, his wife, - ; i E and made payable to the orcier of said ATICO FINANCIAI, CORPORATION, at Miami, Florida~ ` or at such other place or places as the mortgagee may from time to time deaignate; principal sad iatereat . E~ to be paid in instalimenta as apeci6ed in aaid note, final payment of said prineipal and intere~t, ~ if not sooner made~ to be due and payable on the first day of ~ January , 19 90 ,'~th intereat at ' ten per centum per annum while any default exista iu the making of any af said paymente or itt the perform- . ance or ot~ervance of any covenant, condition or agreement in said note, or in any instrument now oz~ hereafter evi- ` dencing or securing the same, and the holder of said note may apply gayments received oa any amounte due thereunder ~ ~ ~ or under the ternis of any inqtrument now or hereafter evidencin or eecurin i note, as such holder may def~rmine; ; r . . - ~ 6URK 1 1 t(.{~~~1 ~ , i t