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HomeMy WebLinkAbout0982 4A Authorizatio~ ~209-17-00(~6 ~ / vA r'ORM I6S3eS tH01~[ LOAN! F[.ORIllA REV. JUNE 197{, USE OPT~OHA~ SECTION 1e10, TiTI~ 3s, U-S.C. ACCEPTABLETOFEOERAI Ivan# 22212559 NAt10NAL ~/ORTGA4E ASSACIATIpN ~ 7 SHORT FORM OF MORTG~GE This Mortgage, dated the 14th day of August A. D. 19 86 ~ by and between BRUCE A. ELLIS ~?d JOAN T. ELLIS, HIS WIFE hereinafter called thx Mortgagor, and F'IRST CITIZF~iS F~DERAt. SAVI.NGS AND IAAN A~SOCIATION ~ i i hereinafter caUed the Martgx~ee, y'' , ~ W11'NESSETH, that for valuable considerations. the said Mortgagor does hereby ~ant, bazgain, sell ` and convey unto tt?e said M~rtgagee and his aasigns, all that certain parcel of land of which the said Mort~agor ia now seized and possessed and in acaial possession, situated in the County of ST. LUCIE and State of Florida, described as follows: LOrT 11, BIACK 5, PORT ST. LUCIE SECTION 'IWF..'N'lY FIVE, according to the Plat thereof recorded in Plat Book 13, Pages 32, 32A through 32I, Public Records of St. Lucie County, Florida. ' ` ~-.i.-^--T.t=-`- - ^-~-r_ - R^ceivc•! S lJ~~_ I~ ^r.•.r.~cn~~ ~Ta~ • t~~ i C_ j'~ ; f--~ G~~ . - i.• > > ~-~t Prorer:Y. nocun+~~r~t~?~Y . SfqMF ~A " - - ' uc~ r U~ ~'cVENi1c. . F~ • . ~ - . . i.. , :+~:s Uf I971. ~ _ - + ~ _ , . _ _ , : .c Ae~~'y96 ~3'~ i , ' ~ - :;p• Cierk E:irc~i; ~piirt. 5L Luc~e, Co.. F18. - - - - - ~ , ~ Together with aLt structu~es and improvements now ana hereafter on said land and the rents, issues and profita of the above described property (provided, however, that the Mortgagor shall be entitled to collect and retain the said rents, isaues and profits until default hereunder); and all fiatures naw or here- after attached to or used in oonnection with the premises herein desc~ibed and in addition thereto the fol- 1 lowing described household appliancea, which are and shalt be d~med to be, fixtures and a part of the realty, and are a portion of the security for the indebtedne.ss herein mentioned. ~ TO HAVE AND TO HOLD the same, and every part thereof, with the appurtenances of the sa.id Mortgagor in and to the same, and every part and parcel thereof, unta the said Mortgagee in fee simple. The Mortgagor hereby covenants with the Mortgagee, that he is seized of said land in fee simple or such other estate, if any, as is staLed herein; and that said Mortgagor dces hereby fully warrant the tit~e to said land, and every part thereof, and ~rill defend the same against the lawful claims of alI persons whomsoever. PROVIDED ALWAYS~ that if the Mortgagor should pay to the Mortgagee that certain promissory note of even date her~with, made by the Mort~agor and payable to the order of the Mortgagee in the principal sum of SEVII~lIY SEVEN THOiJSAND AND NO/100------- Bollazs, ~aYable in monthly install- ments to principal and int~rest of b 647.46 starting on the FIRST day of OCPOBIIt, 19 86 , and if not sooner paid the final payment being due on the FIRST day of SEPTQ~IIt, 2015 , or any extensions or renewa,is thereof and shall fully F,ay all other ir.debtedness or liability that tnay become due and awing hereund~r and secured hereby, ~nd shall faithfully and gromptly cc~r.~ply with and perform each and every ottier co+enant and provision herein on thE part of the Mort~gor to be complied with and pezformed, and every other covenant and provision as contained in that blank or ma:ter form ~f moitgage, which is incorporate~ herein try referenc~ as i~f set out herein in full, then these presents shail be void and reZeas~ed at the ~apense of tho Mortgagoz, other,~?ise to rer:~ain in fvll force and effect, The said blank or master form of mortgage was recorded on Fe~ua~,~ 13, 1970, in the Of5cial R.eco~ds of the . Clerk of the ~rcuit Court of the following counties in Florida in the Official ftecords Volume artd at the page d2signated atter the name of each county, t~-wiL: (eucept that it was recorde3 in Bradford, Brevard~ Auval and Suwannee Counties an February S; 1370, and in Dade County on Feinuary 3U, 1970) b~~x511 ~81 ~ . 'F= ' . -