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HomeMy WebLinkAbout1506 Account Number 2521 Q, ii, ~~ : ~ 7 :li j ~ INDENTURE, r: T. I ~'C: E C i III, ~ Y, r ~ !, , ~~de tnis A.D. 196 ' 29th day of ;,IRXh BETWEEN Fro d Hn!"l. on called the Mortgagor , and Seaboard Finance Co. at Fort Pierce, Florida! called the Mortga.gee_, - WITNESSETH, That the said Mortgagor_, for and in consideratio:1 of the sum of Six Ihnured And no'l00 Dollars, to ,i" i:1 hand paid by the said Mortgagee, the receipt whereof is hereby acknowle~ed, . granted, bargained and sold to the said :10rtgagee_, t';;;:' heirs and assigns, forever, the following described land, sit~te, lying and being in the County of St. 1.ucie , State of Florida, to-wit: Becino1nr: 8t, the SE corner of the "IF1- of the Nwt of Sec il, Tv~ 35S, Rre hO~, the,nce I run N 250'; t~E'nce t'lrn and run 'II 300' for point of berinnint; trence cont1:1Ue Ii 50 thence turn and run S 150'; thence turn arl1 run F 50'; thf'nr.e turn and run :l 150' to lX'int. of bE',innin,; tOEether with an easement and rir}.t (f inEre,s & e,re,s (ver 8n~ across the followiny de~cribed rroperty: Repnning 250' N of the <:E cC'mer ,f treN~4 a the !Nt of Sec 4, TWJl 35 ~, Rre ilO E, run tnro ce W SOO', t!'1ence turn and r',:n N 36'; thence tu~n and r~n F. 500'; t~ence turn and run S to p(int of 16miooin(. !l..irindnc at the SE corner of the ~ of the Nwt of ~eC U, Twp 35 S, REe 4? E, ,thence /run N 250', thence turn and run W 350' for point o~ be(inning; thence contwlle ,50'; thence turn and run S 150'; +hefl::e turn and run E :>0'; tl"ence t'u-n a,ld run N 150, to point of befinninf; totether with an ea~ement and riEht of incress ~ egress over ~~ across the follo\ooi nf' described property: Beeinninr 259' N of tl'1e SE COf:1er of th~ NE~ of the NWt of Sec il, Twp 35 S, Ree 40 E, run thence W 500'; thence turr. and run N 36' thence turn and rU!1 E 500' throee turn and rim S to point of bcci:~nini:. also all furnitUl~ and fixtures located therein and sh~ll ~~clude any addition, or additions thereto, and the said Mortgagor do es hereby fully ......arrant the title to said land, and will defend the same agaL~st the la~~ul claims of all persons whomsoever. PROVIDED AI.WAyS, That if said ~'1ortgagor_, his heirs, legal representa- tives or assigns, shall pay to the said }~rtgagee___, lega~ representatives or assigns, a certain promissory note, a copy of ~nich is on the reverse side hfreof, 'and shall perform and comply ..dth each and every stipulation, agreement and ~ovenant ot said note and of this 11Ortgage, then this Mortgage and the estate hereby cre~ted shall be void, othel'wise the same shall rel!lciin .l.li fL1l1 force and virtue. M.d the said Mortgagor covenant___ to pay the interest and principal promptly ~nen due; to pay the taxes and assessments on said property; to carry insurance against fire on the building___ on said land for not less than $ ~00.2J , approveG by the Mortgagee_, with standard IOOrtgage loss clause InJ'abJ.e to Hortgagee_, the J:Olic:r to be held by tr.e Mortgagee_, to keep the building_ on said land in proper re- pair, and to waive the home stead exemption. Should any of the above covenants be broken, then said note and all ~neys secured hereby shall, without demand, if the Mortgagee_, legal representatives or assigns, so elect, at once beco~e due and payable and the rrQrtgage be foreclosed, and all costs and expenses of collection of said :coneys with or without suit, in- cludi.'1g a reasonable fee for the Hortgagee attorney, shall be paid by the Hort[;agor_ and the same are hereby sec'.l1'ed. IN WITNESS WHERE.:OF, The said Mortgagor_ here::"'1to set s hi ~ se&!___ the day and year first above written. hand and sealed ~ld delivered in our presence. vfI/-t2' (}r;5~ (Seal) ,~ "Received $ / in payment of taxes ~ ~w;: ~, ~ (Seal) (Seal) (Seal)