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HomeMy WebLinkAbout0920 . ~ , • ThM forn+ b uMd N~ CO~nKtio~ THIS INSTRiJAiENT PREPARED BY: w'~~ ~^a' ~ j FIRST ATLANTIC MORTGAGE CORPORATION ~'78599 b b~''~~^"h o~ovi~ion~ o~ . 14350 S1J 119th Avenue ~ , g,~ I Hiami, Florida 33186 • MORTGAG~ S. ~ . ~ , ~ i THIS MORTGAGE, dated the 7th day of August , A.D. 19 86 , by and, between . HUGH t~i. MARTIN AND 5USAN A. MARTIN, HIS WIFE hereinafter called the mort~agor. ~nd FIRST ATLANTIC MORTGAGE CORPORATION corpor~tion organized and existing under the t~ws of THE STATE OF FLORIDA heceinafter called thr mort~agee. ~ WITNESSETH, th~t tor divers goud ~nd valu~bk considerations, and alw in consider~tion ot the a~grewte wm nuned in the pra ' missory note herein~fter described. the uid mortgagot das hereby grant, bargain~ ull, alien. remise~ ttlease. convey. and cont~rm unto the j ~aid mortp6ee all th~t artain piece, puccl. or tnct of land oi which the ~id mongagor i: no~+v uiud and pos~esxd and in actua) pos- u~ion~ dtuate in the county of ST. LUCIE ~ and State of Florida, de~cribed i: tollo~: Lot 8, Block ~54, PORT ST. LUCIE SECTION TWO, i according to the Plat thereof, as recorded in +I, Plat Book 12, Pages 12A t~rough 12D, of the Publie Records of St. Lucie County, Florida. .i i 1 _ A . ~-7~ ~ S~ ~ 'T RY F~--Q DA X: Recelved S// in R+ymert Ot 7axas ~ " DOCUMENS~± _ ~ ~ D~~ On C ass In'a~ e r e~son~! P;operty~ ! • - jE~T ~kEVENU~ ~ ~ b U ~ Fu :n, io Gh:.;, e; : . : , i:c:s Of 1971. ~ _ ~ ~'~'e• ~ ~ y' r~ o' Fc;I~:E~< PJI i~iaS • ~ = AG~_8'8 t.~s;~ l ~ . - ~ 'f-~ = t;i%5 C~LlA UiCull C9tlf~ SL LI3GIQ~ CO.~ ~r Together with all structures and improvements now and hereafter ~n said land, and fixtures atwched thereto, and all rents, issuts, proaeds. and profits acetving and to accrue from taid premises, all ot which are included within the foregoing description and the haben- dum thereof; also all gu. steam, ekctric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irriBatinB, and ~ power rystems, machines, appliances, fixtures, and appurtenancos, which now• are or may hereafter pertain to, or be used with, in, or on ! said prcmises, even though they be detached or detachable. ~ TO HAVE AND TO HOLD the same, togttht: v?rith ~Il and singular the tenements, hereditaments and appurtenances thertunto be- r longing or in mywise appettaining, and the reversion and reversions, remainder or remainders, renu, issues~ and profits thereof. ared also a11 f she estate, right, tide, intecest, homtstead. scpazate estate, possession, claim and demand whatsoever, u well in law u in equity, of the ~ said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortg,agor in and to the same, and every part ~ ~nd pucel thereof unto the uid mortgagee in fee simpk. - ~ Md the mortgagor hereby covenants with the mortgagee that he is indefeasibly seiud of uid land in fec simple; that he has full ~ power and lawful right to convey the same in fee simple ~s atoresaid; that it si?all be law~ful for the mortgagee, st all times peaceably and ~ quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the land "u and will remain fra from all encum- ~ brances; that aaid mortgagor will make wch further assuranas to prove the fee sunple title to said land in said mortgagee as m,y be reason- ~ ably nquired, and that said mortgago~ does hereby fully warrant the title to said land. an~ every part thereof, and will defend the samr against the Iawful claims of a!i person: whomsoever. ~ PROVIDED ALWAYS, and these presenu are executed and delivered upon the following conditions, to wit: j The mortgagor agrees to pay the mortgagee. or order~ the principal sum of FIFTY SEVEN THOUSAND ONE HUNDRED j ' FIFTY AND NO/100-----------------------------------------------DoUars(S 57,150.00 ~ . ~ ~ as ~videnad by a note of even date herewith, with interest from date at the rate of NINE AND ONE HALF ~er centum ( 9. SQ 9E), per annum on tht unpaid balance vntilpaid. 'The said Qrincipal and interest shall be payable at the ~ :+fficeot FIRST ATLANTIC MORTGAGE CORPORATION 14350 SW 119th Avenue, Miami, Florida 33186 ~ or at wch other place as the holder of the note may designate in writing, in monthly installments of FOUR HUPIDRED EIGHTY AND ~ SS/100----------------------~--------------------8fi DoU~rs(S 480.55 ~ commencing on the first day of October ~ 19 , a~d on the first day of each month thereafter until the ~ pnncipal and interest ue fully paid. except that the final payrnent of principal ond intercst, tf not sooner paid, ~all be due and p~yable on the first day of September, 2016. !?.nd sl~all duly , promptly, and fully perform, diuharge, execute, effect, complete, and coinpiy with and ,bide by each and every 1he stipulations, agreements, conditions, snd covenants of said promissory note ~nd of this mort~ge, then this mortgage and the estate hereby cre~ted shsll cesse and be null and void. And the mortgagor further covenants ~t foUows: l. Th,t he will pay the indebtedneu, es hereinbefore provided. Privilege ie reserved to pay the debt, in whole or in part, on any installment due date. BOJK iTATE OF iLORIGA r, R ~~2 PAGE vr~,nous Edi~w~+ laar 8~ tlwd Unt~i E¦n~wiW szo ~~o.gz, ~9, w~~. . . - < _ _ - __.~x*~.~ = ~ - _ _ ._.w~ _ ~ r . . - - ~ ~ [