HomeMy WebLinkAbout2366 MORTGAGi D[ED DR[W~i FOAM 11. r~ ~1uMwlwiA b YN M. • W. i. Dn~ C~I~~r
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i Jfadr this 16th, day of Sep~'~ember , A. I). 19 65 .
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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$ ,
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That the said ,llortgagor s, /or and in considerution of the sum of
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One T~nousand 7~o Hundred Fifty and No/100 ____________________,aotlurs,
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tn them in ha~td paid bg the said ,'Nortgagees , the rscei~t u~hereo/ is hPreby acknou~l- ~
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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(
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St . Luc ie , State uf Flor ida , to-wit: ~
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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 $4 , 300. 00, !
reeorded in Official Records Book 83, page 281, of th~
;,f Publ ic Records of St . Luc ie County, Flor ida .
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und the said liorfyagor s do hereby fully warrant the title to said land, artd u~ilf atefe~t~l the ~
sarne agavist the lawful claims of all persons u?homsoeuer. '
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~t'QU~ ~j~$~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. ~
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~ ~hQ~'QQ`, The said dfortgagor s heretinto set ~he ir h~~d s~~I~ i
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s~a! s the day and year ~rst aboi~e iuritten. '
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Signe ealPd and etiv gd i~i o presence: ~ ~ I
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Marg et Nsami Butt
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- , Miehael A. Butt
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bUG~S
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