Loading...
HomeMy WebLinkAbout2692 " I.. dU~K 10 ~ACE 542 Account N\Jlnoor ~2I . .t'~IE CJUNTY. flA. ~ INDENTURE, Hade this 1. day of AU"'!lIt. A.D. 196 1 BETWEEN T.H. ~tthews called the Mortgagor_, and Seaboard Finance Co. at Fort Pierce, Florida, called the Mortgagee_, WITNESSETH, That the said Mortgagor_, for and in consideration of the stun of Three hurdred 1'h1rty-e~~ht and 29/100 Dollars, to him in hand paid by the said Mortgagee, the receipt whereof is hereby acknowledged, has granted, bargained and sold to the said Mortgagee_, their heirs and assigns forever, the following described land, situate, lying and being in the County of St. Lucie , State of Florida, to-wit: > / . ~ That.- part of Torpey Rd of f'ollovtnC described tract becinninr. 7 chains Sluth of ,.62 chains Lrst of NW corner of S~ If Nwt on East side of railroad richt of_way, ran East S.25 chains Northerly to North tloundary of Section 21, West 5.25 chains, Southeasterly tr a point of begin"ling, and beinC in ~ecti n ,.21, Twp JuS, harve 40 East, as recorded in the t'ublic Rpcords cf St. L."cie Cc}., t'e,e:vtd $_ __:~y In payment ollaxes due ','. . CI s; "C' Intangible Personal Property pursuant to Cnap:er 20724, laws of florida, Acts of 1941. /1'. . ~L~~ P,1~ . Tax Collector, St. ~{&'u~' Florida"-"..l' . . also all furniture and fixtures located therem and shall include any additlon, or additions thereto, and the said Mortgagor_ do..a..a hereby fully warrant the title to said land, and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, That if said Mortgagor_, hiR heirs, legal representa- tives or assigns, shall pay to the said &rtgagee_, legal representatives or assigns, a certain promissory note, a copy of which is on the reverse side hereof, and shall perform and comply with each and every stip.1l.ation, agreement and covenant of said note and of this Mortgage, then this lobrtgage and the estate hereby created shall be void, otherwise the same shall remain in full force and virtue. And the said Mortgagor covenant_ to pay the interest and principal promptly when due; to pay the taxes and assessments on said property; to carry insurance against fire on the buil~ on said land for not less than $ 33B.~ , approved by the Mortgagee_, with standard roortgage 1055 clause I8yable to Mortgagee_, the p::>licy to be held by the Mortgagee_, to keep the buildinL- on said land in proper re- pair, and to waive the homestead exemption. Should any of the above covenants be broken, then said note and all rooneys secured hereby shall, without deIl8Ild, it the Mortgagee_, legal representatives or assigns, so elect, at once become due and payable and the roortgage be foreclosed, and all costs and expenses of collection of said IOOneys with or without suit, in- cluding a reasonable fee for the Mortgagee attorney, shall be paid by the Mortgagor_ and the same are hereby secured. IN WITNESS WHEREOF, The said Mortgagor_ hereunto set.. hie seal___ the day and year first above written. hand_ and presence. IJ-/~~ /.:/ 'IV 'frJ~~ (Seal) (Seal) (Seal) (Seal)