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HomeMy WebLinkAbout0895 ~ I MORTOAOE DEEO ~ RAMGO F011N ~?~A fM0~1T I011M / - Z t ~8a82? ~'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. i ~ 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. I > 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. ~ . ~ ` i~ ~rouided ~itw~ys~ That if said Mortgagors . their htira. legal npresentatiues or ~ !I ; aasigns. shalt pcry unto lhe said Mortgagee s. their legal representatiuts or assigns. a G ~ certain promissory note dated tkt 25th day o/ Mareh . A. D. 19T1 ,/or ~ ~ 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 f I 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. ~ > Signe , seaJ~d and el' er~d in preience o/ us: ~ _ _ ~[.J.i:e:e.~l~-+~- ~L. tL,~ 'Gt/L v~-~ W lliem ett ~ _ ~ _ - - _ _ ~ - - - - - - ~s _ _ ay e ~ . . I7iu /~is~n~nrci~~ pap~rra~! hy: t : , ;z= A~ilirs.r sR-. . . ` = ~ R _.~.~.v_s aoo~i91. 894 ~ ~ - . . I ~x._ . .~?`~.j