HomeMy WebLinkAbout1091 wo~rowas ouo oacw't ?ORM R. s. ~ ~~'y w~"~' *y w. s. a.. a.~..~
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Made this da!/ o~ June . A. D. f9 68
~W~11 Leroy C. Floyd and Verdell Floyd, his wife
hertinaJter called the Mortgagor$ , and Floyd C, Welch and Evelyn M. Welch, his wife
hereina/ter called the htortgagee$ ,
`Y That the said Mortgagors , ~or arid in consideration o/ the sum o/ One Dollar to
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a in hand paid by the said Mortgag~es . the receipt whereof is hereby acknowledged, ~
granted. bargained and sold to tfie said Mortgagee s, their heirs cucd ~
auigns. /orever. the /ollowing described land. situate. lying and being in the Couaty of
Saint Lucie , Stat~ o/ Florida . to-wit:
The West one-half of Tract 29 of Garden City Farms, less and except the
South 125 feet, according to the plat of said s~bdivision as recorded in
Plat Book .2, at page: 5, Public Records of St. Lucie County, Florida; Less
also right-of-ways of record, said land being part of the NW4 of the SW~
Of Section 4, Township 35 South, Range 40 East.
This is a second mortgage which is subject to a first mortgage dated .
June 11, 1968, in favor of First Federal Savings and Loan Association
of Fort Pierce filed in OR Book 172, page 946, of the public records of
4 Saint Lucie County, Florida. In the event any of the terms or conditions
~1 of said first mortgage are breached, this shall be deemed to consti~ute ~
~ a breach of said second mortgage, A
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and the said l~tortgagors do hereby fully warrant the title fo said land, a?td will de~end the
~ same against the lawf ul claims of all peraons whomsoener.
~ ~rouided ~ta~ys~ That i/ said ~~tortgagors , their heirs. lega! rep~ea~nfatives or
assigns. shall pay unto the said 111ortgagees their legal representatiues or aasigns, a
certain promiuory note. dat~d the 12th day o/ June . A. D. 19 68 ,/or
the sum oj Seventy Five Hundred~~~~~~~~~#*~~~~x~~~~x*~~~x~x~~x~~x~~~~~~x~x~~~'°`Dollars.
payable on or before ninety days after date with interest at seven
p~r cent. jrom June 12, 1968 signed by Leroy C. Floyd and Verdell
Floyd, his wife, as per true
copy attached hereto and ihall pay all sums payable hertunder, and per-
jorm, coireply with and abide by euch and euery !he stipulations, agreements, conditions and cove-
nants oJ said promiisory note ared o/ this mortgapt, and shall duly pay aIl toxu, and also in:uranct
~ prcmiums reasonably requir~d, and all eosb and expenses including a reasonabl~ attorn~y'~ /ee.
~ which said Mortgagee s may incur in collecting money srcured by this mortgag~, and also en
~n/orcing thir mortgage by suit or otherwist, fhen fhis mortgage and the ~itate hcreby creat~d
rhall cease and b~ null and void. ~~~~5 tht said .'1lorfgagors h~r~unto set
their Aands and s~u/ tl+e day and y~ar /lrst aboue ariften.
Si , staled and deJiuered in pnsaec~ o/ us:
~ ~
' v~=~,ef1~ ~
ie instrument prepared by Michael Jeffriea 6~j~
P. Box 1000, Fort Pierce, Florida
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