HomeMy WebLinkAbout1224 1unuNx •ca~srcu~ r~~. a~Kt
POR1N 1i27 Ft..la YOlTCAGE ~EW IT~ C.erraw! Trttls ~.~r F'tM. P1~Mb Vt.
~Y MMMIN ~KYMI~
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Facecuted tlte da~y oJ Deceiaber R. D. 29 6?
by ~
SOPI~U3 F. P8T$RS$IJ and SLLY A. PST$RSS'~i, hia wife,
of 3t. Lucie Countij, State o; Florida , part ies of
the ~'irst part, hereinafter called the .hlort~a~or, to
BRIARGATS CORPORATION,
a corpo~~ati,on existin•g icnder the lau•s of the State of ~'lorida
party of the second part, laereinafter called the .hfortga~e~,
T)u; term.s ".hfortyRa~o~'' and "JlTortga~ee" u•heneaer use~l in this instrunaent
slutll. include the heirs, personal representati:~es, sicccessors ar~d a.,signs of the
respective pacrties hereto. tii~7:erever r~sec~ tl~e si~:grclar nunaber shc~ll inclrcc~e flee
plr~ral a~d the plurat tlie sin~ular, a~nc~ the r~.se of a~:y ge~:der slutll include all
~enders.
_~tfllP~~p~, Tliat for dive~s good anc~ vutuable con.si~lerations, and aclso in
cen.1ideration of the a~~sregate srcm nanae~l in the pronaissory note of ever~ date here-
with, lcereiiaafter c~eseribed, the said .hfort,gcrgor c~ae.s lre~eby ~ra~at, b~rgaan, sell, alie»,
re~nise, release, conueJ and confirna icnto t/te saicl. .hlortga-~ee, in. fee si»aple, all the
certctin tract of lacn~, of wlaich~ tlae said Jllortga~or i.s now seized and ~rwssessed, and
in actuat possessien sittunte in St. I.ucie Coi~nty, St~cte of Floridac,
described as follows: ~S IS A S8G'O~ND MORTGAGS
$ast 36 feet of South 125 feet of Lot 15 and West 24 feet
of South 125 feet of I,ot 16, Block 2, W. W. Carlton
Subdivision as recorded in Plat Book 4, Page 25 of the
, Public Records of Saint Lucie County, Florida.
THIS IS A PURCHASS MQITSY MOR~GAGS.
The rennedy of the M~ortgagee t~o enforce the terms of this
, MArtgage and the Promissory Note secured thereby is -
limited to foreclosure against the above described property.
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~ IT IS AGRR~ BSTWSgLT TH$ pARTIB.S ESRS~t'O, that the payments due on
~ this mortgage will be made to Briargate Corporation, R,oute 4, '
~ Box 450, Fort Pierce, Florida. The amount of the pa ent shall be
$40.00 per month and will comeaence on the lOth day o~Dece~aber,
1967, and be payable on the lOth day of each succeeding month
thereafter, until paid in full.
IT IS FURTH$R AGRS$D BBTWSffi~T TSS PARTIBS Ii$RSTO, that said
l~rtgagur may elect to prepay this mortgage by means of working
out charges for construction work done from time t~o time for
the said mortgagee or his assigns, against the unpaid balance.
e~;u ~i~ue ttttl #u ~tuld the same, to~etlier with the te»ements, heredita-
ments cind ac~ •~crten.ances, unta ~he said Mortga~see in fee simple.
.~tt~1 tne said Jrfor~ga~or eoaenants zvitla sQid .hfort~ac~ee, that said .~l~ortga~or
i,s i~tdefeasiblJ seized of said land iia fee simple; that the said ~liort~agor has ficll
~ power a,nd latufccl ri~ht to convey said land in fee simple .as aforesaid; that it shall
be lciwfr~t for sacid .M~ort~a~'ee at all tirries pe~zceably and quietly to enter upon, holc~,
~ occupy a,nd enjoy said land; that sai~ land is free from ~lt incumbrances; that said
JlSortgagor will make such fccrther assurances to perfect the fee simple title to said ~
land in sQid .Mortgagee cts »tay reasonably be required; an.d tha.t said .Atortg'a~or ~
does herebr~ futly wdrra~tt the title to sacid land and will defend the same ugai~st tlie
lawful ela,ims of all persons whomsoeaer. ~
6'u~K 7 FA:;~
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