HomeMy WebLinkAbout2063 ~ . R,t~ORTlSAGt OECD~ DR~W's ~ORM R. t. N4 r~~~~~~ b 1Wwr~ IN. iN~rNe,
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.1fad~ this 9th dQy or July , A. D. 19 69 ,
MODULAR 80MES OF FLORIDA, INC., a Florida corporatioa, r
I having its principal place of business at 908 Comesu Building, ~lest
Palm Beach, Florida,
called the Mortgagor . a~:d CENTRAL BANK AND TRUST COMP- r~l~Pd the Mor~a~e~ ~
ANY, a Florida banking corpora on, as s ee,
U/A Land Trust Agreement No. 57-147,
~ ~~~J~SSe~~ Thut the said ~ltortgagor ./or and in conside.ration o/ the aum o/
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~I TEN AND 00/100 ($10.00)----------------------------------------Dollars.
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/o i t in hand paid by ihe said .'Hortgugee , the receipt whereo/ is hereby acknowl-
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cdgPd. has granted, bargai~:ed aRd sold to the said Mortgagee . itg heirs
and assig~?s /orever. the tollowiiig described lattd. sttuate. lying and being iR the County o/
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~ St . Lucie . State or Florida , to-ivit: ~
(DESCRIPTION ON SCHEDULE ATTACHED)
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~ and thP said .?torlgagor do z S hereby Jully uxrrrant the title. to said land, and wil( de~end the ,
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same against the lawjul claims o( aIl persona whomsoever.
~ ~~'QV(~ ~~5~ That i/ said <<tortgagor , i t s heirs, IPgal representatiues
~ or assigns, shall pay to the said .HortgagPe , its Irgal repreaentatives or assigns, a
~ ' ~ertain promissory note. a copy o/ which is on the reverse side hereo~, and shall per(orm and ~
~ comply wifh each and every stipulation, agreement and covenant of said note artd o/ this ?Ifortgage, .
~ then this 3tortgage and the estate hereby cl~tated ahall be uoid, olherwise tfie same shall remaiR
~ ' in /ul[ force. and uirtue. And the. said .Nortgagor cooenant S to pay the irtterest and principa!
~ ` promptly when due; to pay the tc~es and assessments on said property; to carry insurance against
` fire on the 6uilding on said land jor not less lhare a , approued by the Mort-
~ gagee , u?ith stnndard mortgage loas clause payable to Mortgagee , the policy to he held by the
~ iJortgagee , to keep fhe building on said laRd in proper repair, and to waiue the homestead ;
~ ' eremption. ~
~ ` Should any oj the aboue covenants be broken, then said note and all monPys secured hereby ;
~ shnN, wiihout demand, i/ the .Kortgagee , i t s legal repreaentatiues or assigns, so
~ elect, at onee brcome due and payable and the mortgage be /oreclosed. and all costs and ~xpensea ;
£ ; o/ collection o/ said moneys with or withou~ suit, including a reasonable /ee /or the Mortgagee 's
~ ;i attorney, shalJ be paid by the .'Korlgagor , and the aame are hcrcby secured.
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~ ~a ~11~[~W~ The said Mortgago~ a$ hereunto set i t s hand and
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~ ; seal fhe day and year /~rst aboue u~ritten.
~ ii MODULAR HOMES OF FLORIDA, INC.
~ ~i Signed, sealed and d~tivered in our pr~sence:
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