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HomeMy WebLinkAbout1600 I MORTOA~4t ~itO . _ _ . ^ RAMCO F011M QtSM / • ° - 16058~ . ~ Madt this y~~ day oJ O~tober . A. D. 19 b7. ~t~Wttll ~ ~ WILLIAI~t H. PBTBRS and PAlfB B. PBTBR~S, his wife, callcd the blortgago~s . a~~d RICHARD C. WARPBL and LaVBDA called the MortBayee s. WARFBL, his wife, ~~j~~~~ That the said 1Vortgagor s•. /or and in con:ideration of ~the sum oj~ T8N and Other Yaluable Considerations (~10.b0 aad O.V.C.) Dollars. to them in hand paid by ihe said Mort~agets y the rectipt wherto/ is htreby acknotnl- edged. he?ve g„anted. bargarRed and sold to the said Mortgagees' , their heirs a~:d auig~ts forever. the /ollowing desc~ibed land. situate. lying and being ~in the County oj St. LuC~e , State of Plorida . to-wit: The Northeast ~ of the Southwest ~ of the ~ Northwest ~ of the Soutkaa~t ~ of Section 20, Township 35 South, Raage 40 Bast, excepting therefrom all rights-of-waq for P ublic Roads and Draingge Canals, St. Lucie~Couaty, and a].1 improvements thereon. ~ This is a Second Mortgage. . and th~ said ~{lortgagors do hereby Jully uwrrant the title to said lared, and will de~end the i . same against the lawf ul claims of all persons iuhomsoever. ~V~ ?~That if said Mortgago~s , their heirs. legal r~pres~ntatives . or asugns. shall pay fo the snid Mortgagee s~ the i r legal repru~ntatiues or auigra, a c~rtain promiuory note, a copy o/ which ia on the reverse sid~ hereoJ. and shall perform and complg with tach and every stipulation, agreement aRd couenant of said note and of this Mortgage, then this Mortgage and the estate hereby created shall be noid, otherwise the same ahull nmaire in /ull force and oirtue. And the said ll~ort~agor$ covenant to pay the inte~est and principal , ! promptly u~hen due; to pay the taxes and assessments on suid property; to carry insurance aqain:t ~ !/ire on the bailding on said land /or not less ihan ; , approued by fhe Mort- ~ gagees . wit/e standard mortgage loss ctause pagable to Mor~gagees . the policy to bt held by the Mortgasee s, fo keep the building on said land in prnptr repair, and ~ uaaiue the home:tead ~ t:~emption. ~ Should any of the aboue cov~r~anta be broken, then said nofe and all moreegi ~ecured hereby ~ shall. without demand. if the Mortgagee s, legal rep~esentafiues or assign:. :o elect, at once become due and paya6le and the mortgage be foreclased. ared all cvsts and rrpenses of col/eclion of said moneys ~uith or withoat suit, including a nasonable /ee for #he Mortgagee attorney, shall 6e paid by the Mortgagor s, and !he same are hereby secured. ~~~t11Q$S ~1~~ The said 3fortgagors hereunto set their hand 8 and . seal s the day and y~ar Jtrit aboye written. ' Si , se and deliuered in our pres~nce: ~ _ , W'lliam P ra ~ ~ Pa Pe ers ~ y . t ~ " ~ O R - ~ . a~K 168 P~ 15~7 ~ r~: - - - - - _