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~ .~Vade tliis a~ claJ of D. 1967 ?
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BetW~II DOROTHY L. PSTBRSON, j oined by her husband, Elber~ N. i
PETBRSON ~ t
ectlled tlle ..llortga~ur, and CLARENCS R. DAVIS and AAIld 8; DAVIS, his wife
callecl ~hc JlTort~a~ee, ~
Witnessef,h~ That the .~aic~ ~~Iorf~agur, for and in consi~eraclio~a of th~ srcm of
Thirteea Thousand and no/100-------------- ~llars,
tu hint- iit hand ~~id bJ the saic~ .~.forEgYt¢ee, the receipt wlr~ereof is hereLJ czcJ~nowledg'ed,
~rante~l, l,u~~ained a~~d solr~ to the s~tid .hfa•t~ctgee, tlie
follawin.~s descriLe~ lund sit~u~te, 1Ji~cg and Lein.~ in tlte CnrcnlJ ~f ~
Saint Lucie State ~f Florida to u~it:
Lot 17, Block 15, of Pinewood Subdivision, according to p2at there-
of recorded in Plat Book 5, page 24 of the public records of St.
Lucie County, Florida, and also beginning at the Southwest corner
of Lot I7, Block I5, of Pinewood for a point of beginning, thence
run in a Southwesterly direction a2onq Colonial Road 40 feet;
thence run in a SoutheasterZy direction parallel to the Southerly
line of Lot 17 a distarice of 12S feet to the Sasterly line of Lot
18 and 40 feet fram_the Northerly line of said Lot 18; thence run
in a Northeasterly direction aZong the Easterly line of Lot 18 a
distance of 40 feet to the Northeasterly corner of Lot 18; thence
run in a Northwesterly direction along the line dividing Lots 17
and 18 a distance of 125 feet to point of beqinning; being the nor-
therly 40 feet of Lot 18 of Block 15 of Pinewood Subdivision, ac-
• cording to plat recorded in P1at Book 5, page 24, public records
of St. Lucie County, Florida.
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ctncl. the scaid .llortgrr~sor rloes herebJ ficllJ rca~rra~r.t tlr.e title lo said lacrad, and raill
d~fen~~ t/ae sacnae ca~ai~r.st t/ce l,ctrvficG clQints of ull persons zvlron~.soeuer.
p1~OVl(~~ ~WayB~ Thnt if saitl ~tort~sagor shull paJ to tlte sacir~ .~iTorf~acgee
rc certain promissorJ ~ote, 2 copJ of zvlcic/i is ora tlce reverse side herenf, dnd shatl
perfornt ar~~l conLpl~j witl~ e~cla a~ad everrJ sti.pulation, a~reenz~ent and covenant of
said note and af t/iis naort~a~e, then tlais ~nortga~se and tlae est¢te IiereLJ created
~Iircll be voi~, otlr.errcise the same slaall remaita LrL ficll force and airtue. 11r~d the
said ~lort~tt~or. coveiiants to paJ tke interest anc~ J~rincipal prnmptly wTr,en due; to
n~iy tlie tcuies «~t~ assess»ients on said property; to carrtJ insicrctnce against fire
~a the bcci.l!~in~ s aa said Zcand for not less tiutn~C 1~11 insurable value ,
ccncl wintlstornt iiasurance i~r a.~nount of ~ Full insurable value , approved
1~y the .;{lurtgugee, with sfa»rlurd morf~sage loss claicse paJalile to .hfortga~ee, the
>>olic~~ to be /reul bJ tlae ~3lortgagee, to keej~ the buildin~ oz said Land iit proper
rep~cii•; ~~ird to rc•~rii~e tlae !~o»iestea~ exemption. ?
.5l~o~cl~1 ~ci~~~ of tlre aLoLC cove~ra~at.s Le bruh~en, tlaen said ieote acnd all moneJ~s
sec~~~•~~l l~.~reL~~ s/rull zvithorct denut~r.d., if the rtiortsagee so el~ects, aL o~ace become due
nii~1. J~~~i~ul~le ctncl tl~e mort~sct~se Lc forecJ~ised, and all costs anrl c~;penses of collection
oJ' s~~id na~~ney.s LJ foreclos~cre or otherre•ise, inctzulins soliritor's fees slr,alt be nacid bJ
the ,,lT~~rf~cc~~r, nn~l the src~nc are hereLy secrared. ~
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In Witnees Whereof~ Tlre said Jllortgagor lrerercnto sets his ha»d and '
.eal tl~c daJ cr~r~ i~ear• fi~:st ahovc rvritte~t.
Signed, Sealed ~+nd Deiivered in Pree~nce of Ua;
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a~K167 PACE2195
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