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HomeMy WebLinkAbout1437 i MOqTGAGE O[EO RAMCO F011M RE6~ i ~ ~ 2t':~ i i~ 'i ~ i~ ~ ~ + .~r~,~P rh;~ du o , a. n. ~y . ~ 26th y / February 71 ; ~i ~et1UfL'~1 JOHN FRED FRANK AND MINNIE FRANK, hi s wi f e, ' ~ s•ull~•d il~~ llorlgu~~~?r S. ur+~! JOHN B. WATERS AND NELLIE RUTH~'~illyd fhP llorlgugPe S. ~ WATERS ~ i ~ ~~~$$(~s 7'huf Ihr suid llorf~agurS ./ur and i~~ ~•~u~sid~rulion o/ fhr sune u/ ~ C± Seven T'housand Four Hundred Uollurs. ' 1r~ them itt hcu~ci ~K~id by IhP said Vortyugre S, th~~ rrrript tnhr~r~•~,( is hPrPby ackno~al- , rdyr~d, they ~ranlFd, haryaittrd and su!d to lhN .uid 1/orfgayrN s. their heirs urid ussiyus (urFi?~~r, the~ jnllocni~ig dFS~ribPd tcutd, ailuctlr, lfing uiid hrtny in thr (:uu~rty o/ St. Lucie . StatP u ~ I Florida , to-u?it: i' Lot 13, of Block 3 of SOUTHERN VIEW SUBDIVISION as per plat thereof on file in PZat Book 9, at page 45, of the Public Records of St. Lucie County, Florida. ; i; ~j This is a purchase money mortgage. ~i ~ and the suid 1/orlgugor g do hprPby /ully u~urrunt !hP fiNe to suid land, cu~d wi~l dP/eiid the samP ayainst thP lati>jul claims oj all pPrsons u?homsoeuPr. i; , ~~U~ ~ilW~s, That i/ said Nortgagors ~ their heirs, IP9~I ltpfPSPRIQ~IUPi ' or crssig~rs, shnll pay to thF said 1lortgngPP s. their IPgal reprPSPntatiups or aasigns, a ' ~Frl~iin promissory notP, a c-opy o/ tnhi~h is on thP rPUPrse sidP hPrPO/, and shall per(orm und ~•omply u?i/h ~nrh and rnPry stipulafion, ugrPPmFrit a~id ~ouPnant o/ said notP and o/ Ihis 1lortgay~•, ~~lPII ~~I13 11or(gagP aitd lhr PS~(I~P hPrPby rrrat~d shal! bP ~roid, O~~l!'/'U?[tP thP same ahatl rrrnain itt /ull /arrr and t?irtuP. .a?id thP s~id llortgagor s coutnant to pay thp intPrPS[ a~td prin~•i~xt! promptly ~vhPn dur, to ray ~hP tares and assessments on said property; to carrs~ insuraner ugai~r~t frr o~t thP buildtng un said land /or not lPSS IhQR $ insurable valueapproned 6y th~ J/ort- yagPs , u?ifh standard nrortguge loss rlausr payable lo Jlorlgagee . fhe policy to 6e h~ld by thP .1JorlyagPP S, to kPpp thP building on said lar:d in proptr repair, and to waiue th~ homrste~ad rxPrn ption. Shou/d any oj thP abouP ~ovenanfa bP 6roken, then aoid notP and all monPys seeured hPrFby ahull, toithoul dPmund, i/ fhP 1/orfgager s. their Irgal r~prrsPntatives or assigns, su i PIP~t, al -on~r bP~omP d~tr and payablP and [/~P mnr/gagt bt /or~cloatd, and atl ~os~s and rxp~~~sPs i o/ ~ullP~•tiun o/ said m~~nr,yc eor(h or enithout suit, inc-/uding a rrasonablP /PP /or the .1JorlyagrP S aftorr~ry, ahal! br pcrid by 1hP .Norlgagor S, ~~id fhP samv QrP hPrrhy sPrurrd. ~ ~p W~~E'$s ~~f~ ThP aaid 1lortgagor s hPrrunto aet their h~uids and ; s~•~l/ S thP d~ry ~tnd y. ar ~rat ahurP u?rittpn. .S ~1vd d and d!it?r~irl otir presPn~P: . VCJ~..~ ~ . - - _ _ _ Hft FRE - - ~ C~..r ~~L`w` C~.-~-~ - ~ - - - ~ ' Y ~ ~ . ~ ~ i _ - - ~ TT~is insbum~nt w~s wepa~ed a~? /J~n Ir~,I!tu~u~t! ~r~~~~rr,l WllliAM G, rlF .1 J~/rr ATTORNEY AT LAW ~ ' P. 0. Baoc 3058 t~ r~ ~ ` 1~~ 1434 R P~erc~ Flor~ 334~. ~ _ . _