HomeMy WebLinkAbout0895 ~ I
MORTOAOE DEEO ~ RAMGO F011N ~?~A
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~'1lade this 25th day o/ March . A. D. 19~1 ,
WILLIAM BURNEI'T and FAYE BURNE'iT, his ~rife
hertinajter call~d the ,1tor~gagor S. and
FRPD I~i. OOLEY and AUGUSTA OOLEY, his wife hereiiia/ter called the ?~lortgagee$ ,
, 1502 South 27th Street, Ft. Pierce Fla. 3 k50 ~
~~~~That the said llortgagor ror and in consideration o/ ~e sam o]~Ont Dollar fo
i?h~reo is hereb acknowled ed ~
them in hand paid 6y the sa~d ~titortgagee s, the recerpt ~ ~ y g.
have grantPd, bargairied ared snld to the said ~;lortgage~ , their heirs aRd
assigns. fortuer, the /ollowing described land. situate. [ying and being in the County o/
~ St . Lucie , State o/ Florida , , to-wit:
~e West 75.k5 feet of the East 479.~+5 feet of the South 106 feet
of the North 505 feet of the NE~ of the SF34 of tbe SY~ of Section
19,~ToWnship 35 South, Range k0 East, St. Lucie County, Florida.
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~ This is a purchase money mortgage.
~e taxes and insurance are to be paid in accordance with tbe pro-
~ visions of this agreement and in the absence of same being paid
vithin the first month When due, same m~y be paid by the mertgsgees
, and added to the unpaid balaace and thereupon the mortgagees she~ll ~,j~
have the option to increase the monthly installment by the amount
of monthl,y proration for taxes and insurance escroW ~i to be held i`
I by the mortgagees.
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I and the said .;tortgagor s do hereby juHy warrant the title to said land, and will de/~nd the
! ~ same against the taw/ul claims of all peraons whomsoever. ~ .
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` i~ ~rouided ~itw~ys~ That if said Mortgagors . their htira. legal npresentatiues or
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; aasigns. shalt pcry unto lhe said Mortgagee s. their legal representatiuts or assigns. a
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~ certain promissory note dated tkt 25th day o/ Mareh . A. D. 19T1 ,/or
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~ the sum o~ FIYE THOUSAND FIYE HUNRID AND NO/100 ------($5,500.00) Dollars. E
~ with interest at Sx ~
~ ~ payable $55.00 per month
~ ( per cent. /rom date aigned by Willism Burnett and Faye
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Burnett, his ~rife and shall pay al/ sums paya6le hereunder, and per-
/orm, comply with and abide by each ared euery the stipulations, agreements, conditions and cove-
~ nants o/ said promissory note and o/ this mortgqqe, and shall duly pay all taxes, and also fnsuranet
S premiums re.asonably rPquir~d, and a~l cosfs and espenses including a reasona6le attorney's /~e.
which said .'Nortgagee s may incur in collecting money secured by this mortgage. and also in
en/orcrng this morlgIIge by suit or otheru~iae. fhen this mortgage and the estate henby crtated
- shall cease and 6t null and uoid. ~n ~~f ~ tht said ;lortgagors htreunto st.t
r their hands and sra~ the day and year Jir~t aboue w~ilfen.
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Signe , seaJ~d and el' er~d in preience o/ us:
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_.~.~.v_s aoo~i91. 894
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