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HomeMy WebLinkAbout2366 MORTGAGi D[ED DR[W~i FOAM 11. r~ ~1uMwlwiA b YN M. • W. i. Dn~ C~I~~r J~KM~vllb, Ffvi~a, i iI , 138g1`~ I~ ~ _ ~ i Jfadr this 16th, day of Sep~'~ember , A. I). 19 65 . i 7~ 2J~lU~Pfi1 Margaret Naomi Butt, a widow, and Michael A. Butt, s ~ s ingle adult , ` !i crilled tl~e .llurtgc~g~r s, w~d Bert Schultz & Gertrude S~hultra~lPd~~tP~lOf~gIYIJPP$ , li 1 jI That the said ,llortgagor s, /or and in considerution of the sum of ~ I One T~nousand 7~o Hundred Fifty and No/100 ____________________,aotlurs, ~I ~ tn them in ha~td paid bg the said ,'Nortgagees , the rscei~t u~hereo/ is hPreby acknou~l- ~ I ~ ed~rrd, have granted, bargained and salcl to the said ~Nortgagees , the'Lr heirs ~ al~d assigns foreu~r, the. /ollowi~ig described land, situate, lying and being in the County o( ;I St . Luc ie , State uf Flor ida , to-wit: ~ f ~ Lot 3, Block 8, of T~cker Terrace, a subd ivis ion o~ ~'I the SE4 of the SW~ of 5ection 9, Township 35 Sauth, ;i Range 40 East, according to a plat thereof recorded ~ ~ in Plat Boak 4, page 54, of tk~e public records of Saint Lucie County, Flor~da. 'I This is a~econd mortgage subject to Mortgage-from I ;,i J. Addison Butt and Naomi Butt, his wife, to ~'irst Federal l i) Savings and Loan Assoc ia ion of Fort P ierce, for $4 , 300. 00, ! reeorded in Official Records Book 83, page 281, of th~ ;,f Publ ic Records of St . Luc ie County, Flor ida . ~i i ~ ~ , und the said liorfyagor s do hereby fully warrant the title to said land, artd u~ilf atefe~t~l the ~ sarne agavist the lawful claims of all persons u?homsoeuer. ' ~ i ~t'QU~ ~j~$~That if said ;'Vlortgagor s, their heirs, legal represerttatiues or assigrzs, shall pay to the said :Nortgagee s, the ir legal represenf~ztiues or assiyns, a rertui?1 promissory nofe, a copy o/ which is on the reverse aide hereof, and ahall perform and ! ron~ply with each and every stipulution, agreement and covertant of aaid notg anrl of this ~~fortgagr., ~ then this '~lortgage and the esta~e hereby created ahalt be void, othercuiae the aame shall remain ~ rn Jul! forc~e ar~d t~irtue. And the said ~lortgagors covenant to pay the infereat and principa! I promptly when due; to pay the taxes and asaeasmenfa on said properiy; to carry inaurance againsf i fir+~ on fhe bciilding s an said land jor not leas than $ 1, 250. 00 , approued by the lfart- I OQ9PP S, u~ith standard marfgage loss clause payable to Mortgagee S, the policy to be held by fhc~ ~ .ti/ortqagee s, to keep the buildings on aaid land in proper repai~°, and to waive the. homPStead ; ~xPmption. ~ Should any ~f the. abuve couenants be broken, then said nofie and all moriPys serured herehy i shull, ~nithoitf demand, if the ,19ortgagers the Lr legal representatives or assigns, so ~ ' e>Ip~•t, at o~rce become du~ and payahle nnd the mortgage bp /oreelosed, and all costs and ex~aenses I uf rollPC•tion of said moneys with or tt~rthattt suit, including a reaaoRable /ee for the llort,qagee s i nttor?iPy, shall be pctid by the ~iorfgagor s, and th~r samv_ are hereby serured. ~ i ~ ~hQ~'QQ`, The said dfortgagor s heretinto set ~he ir h~~d s~~I~ i , s~a! s the day and year ~rst aboi~e iuritten. ' ; Signe ealPd and etiv gd i~i o presence: ~ ~ I - - - ---s- - I Marg et Nsami Butt - - - - , . ~ , ~ , ~ ~ - - , Miehael A. Butt . - ~ bUG~S ~ ' ~~~r ~~4 ~ - ~ - - - ~ ~