HomeMy WebLinkAbout1119 MONTGAGC DEEO OII[W'S FORM 11. ~ys ~IUdMtvN b TM N. ~ M1. Orw W~N~Y • ~ y~
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JIadP thrs 16th day o/ March, . A. D. 1966 .
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~QttUQttl JEAN STAPLETON, joined by her husband, M. N.
~ STAPLETON,
' called the 11ort,qugor5 . and ELIZABETH HANA callPd the ltortgugee .
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~ ~~~~Se~~ That the said llortflagor g. /or and in consideration `o/ the sum o/ ;
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` Four Thousand (=4,000.00) - - - - - - - - - - - - - - - - - - -Dollars.
b thes in ha~id ~id by Ihe said ~tortgugee , the recPipt tuhereo/ is hPre6y ack~towl-
_~dg~d, have granted, bargai~ied and sold to the said itortgagee . her heirs
nr?d assig~is ~orevPr, the jollowing described land. sifuate. lying and being in the. Cocinty oJ
i St . LuCie . State o/ Florida , to-u~it:
' ALL THAT PART OF THE FOLLONING DESCRIBED LAND LYING EAST OF THE
:I FLORIDA EAST COAST RAILi~1AY RIGHT-OF-IVAY:
Comeence at the Nw corner of Section 29, To~?nship 36 South,
~ Range 41 East, run south on Section line for a distance of 733
feet; thence run east 1025.7 feet to the waters edge of the
j Indian River; run thence Southeasterly along the waters edge
j of the Indian River for a distance of 220 feet for the Point
I of Beginning; thence run South 80 degrees 15 ¦inutes west for
~ a distaace of 244 feet to a concrete aonu~ent; thence run West
~ 877.8 feet to a point on the Section line dividing Sections 29
~ and 30 of said To~?nship and Range; thence run south on said
Section a distance of 1S0 feet, thence run east, parallel to
the north line of property, to the west waters edge of the
' Indian River, thence ~aeander northWesterl alon~ the xaters
edge of the Indian River to the point of ~eginning; EXCEPTING
therefro~ the right of way for State Road 707 (Indian River
' Drive
and the said 1 ortgagorg do hereby fully warrant the title to aaid land, and will de~end the
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~ same against Ihe lawjul claims o~ all persona whomsoever. ` s
~ ~l'OU~ 3ilW~S~ That if said .lfortgagor S, their heera, legal repreaentatives
or assig~is, shall pay fo the aaid ~titortgagee , her lega~ representativea or asaigna, a
certain promissory note, a copy oj tuhich is on the reoerse side hereo/, and shall per~orm and
comply with each and euery stipulation, agree~ent and couenant of said note and o/ this Mortgage,
a then this liortgage and the estate hereby created :hall be void, othtrwiae the same shall remain
in jul! force and uirtue. And the said 1lfortgagorg covercanf to pay the interest and principal :
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promptly when due: to pay the taxes and aJSessments on said property; to carry insurance against i
fire on the building on said land for not less lh4n $ , approved by the ltort- =
gagee , tvith sta~rdard mortgage losa clause payable to .'~fortgagee , the policy to be held by thP ~
J/ortgagee , to keep the building on said land in proper repair, and to waiue the homestead ~
~ exem pt ion. ~
Should any o/ the aboue eouenants be brokett. then said note and all moneys secured hereby !
shall. without demand. if the 3lortgagee , her legal repreaentatiues or asaigns. su 4
elP~t, at onee become du~ aRd payable and fhe mortgage be foreclosed, aRd all costa and expenses 3
- oj collection o/ said moneya with or without suit, including a reasonable ~ee /or the ,ltortgagee ~
~ attorney, shal! be paid by the 1Kortgagor s, and the aame are hereby secured ~
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~ The said Mortgagor S hereunto set the i r hand S and ~ s
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~ seal S the dag and year ~irat aboue uiritten. ~
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Sign sealed nd deliuered in our presence: 1
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; Je ap eton ~
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" i M. . Stapleto
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