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,;1~Iade this lat d.ay of April ,.g. D. 19 66
BCC~VP,eII 8a'YIIA~~D L.0!~STSEN artd SIBYL H.0!~STE~N, husband and wife, .
cutled the Jlfortgagur, and J. C. MALCOI.Y,
, catletl the .hfort~'d~ee,
~1tI1C88~fi~ Tluct ~he saic~ .M'ortga~vr, for and in considerrracction of thc sicrrz of
FO~RTEEN THOdSAND and no/100 .Dollars,
to hint iR lucnd paid bJ the said ~'~fort~'a~ee, the receipt whereof is hereby acknowledged,
have ~'ranted, burgccined an.d sold to the sacid .7Mfort~'a~ee, the
followir~~' described lanc! situcrte. lyi~a~ and Leing in the CotintJ of
ST. LIIC1E State of gypg~ to uzt:
The 3outh 70 feet of Lot q of the C. H. CANADAY SIJB-DIVISION, as per plat
thereof an file in Plat Book 8, at page 18, of the Public Records of St.
Lucie ~a•snty, F~orida.
a~oS~
; 1A MA~~«~
vu~~ ~ ~Nt~~~ru rte~a+iia~t~t
NpwAN? TO CNAr'T~~
72~~
~~~ns M. -
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T8I5 IS g BALLOON l~OATGAGE
ccnd the sacid .hiort~agor does herebJ fully warrctnt the title Lo sciid ldnd, and witt
defercd the sctm,e a,~acinst the lawful claim,s of all persons whomsoever.
~POVIi~~ 1~wS,8.~ Thact if sctid ,hforf~agor shtill pay to the .so,id ,~ortga~ee
r.c certain promissory note, a~ copy of wlr.ich i.s on the reverse side herenf;
,and ah.a,ll
perfor~n a,nd co»tply with er.cch ctnd every stipulation, a~ree~nent and covenctnt of
sacid note ctnd of tl~is nwrtgct~e, then thhi,s mortgage and the estctte hereby created
xliull be voic~, otherwise the sa~rae sh.a,ll remain zn full force acru~l virtue. ./~zd the
said .hfortga~'or covenants t.o pacy the interest and principol promptly when due; to
~x~y the tcc.~es ccrtd assess~nents on said property; to cccrry insuracnce against fire & EC
on th.e buildin~ - on said land for not le.es tfucn $ 14,000.00 ,
an~l windstorrn insurccnce in~ amount of $ , approved
by the Martgu~'ee, with standard mortgage loss clatcse payuble to JlTortgu~see, the
polic~/ to Le heJ,~l by the .~Kortgccgee, to keep the building on sacid land ira proper
re~x+cir; und to~ wuiae the J~omestead exemption.
Should anJ of the above covenants be bn,ken, then said note ara cr,lt moneys
secured hereby shatl without demctrul, if the .hfort~agee so elec~s, at once becorne due
~.~iul Jxiyt~tlile und the mortgQ~e be foreclosed, and all costs and expen.ses of cotlection
nf su,i,~l moneys by foreclos~cre or otherwise, inelu~ctin~ sotieito~s fees shall be pctid by
the Jlfort~a~or, und the same are hereby secured.
Iri W1tIIe88 ~1CPe4~ The said Jlfort~d~or hereunto sets hi,s luand and
,~eal tlae a~ac~ dnd Jear }~rst above written.
Si~ned, ~aled uad Deli~et~ed in Ptieata~x of U~
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