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HomeMy WebLinkAbout0065 NOV~?HEQEFORE, the lNORTGAGOR for the purpos~ of secvirg p~ymeM of said sum of i y6 + 267 •-i~3 and the performance of the covenants ~+d ~yreements heteinafty ~xpressed, and for divert 9o~od and valuabl~ consideaations, by these presents, does grant, bargsin, sell, remix, release, cawey and confirm unw 11f4 MORTGAGEE, its successors and auigns, all that cenain lot, piece or pucel of land, situate, tying, and being in the County of ~~'~i ~C#e and State of Flwids, dexribed follows: ~ ~ _ THAT PlI~t1'~ p~~~h~.?t'9tiuth 1/2 of the Sout hwes t 1/4 of Sect ion 1 S, Town sh ip 35 5outh , Range 4Cl~Fast, lying West of an 80-foot right-of-~vay for State Road No. S, LESS AND EXCEPTIYG therefrom the following parcels: THE East 12:i9.9 feet, the South 130 feet, ttee West 25 feet, an 80-foot right-of-way for Oleander Boulevard, and the North 25 feet of that part lying West of Oleander Boulevard. All lying andbeing in Saint Lucie Co~ty, Florida LESS AND EXCEPTIVG AL90 therefrom the following; aeginning at the Northwest corner of the Southwest 1/4 of the Southwest 1/4 of Section i5, Township 35 South, Range 40 East, run th~ce easteriy along South 1/4- 1/4 Section line to a paint on the east right-of_way of Oleander Avenue (State Road S-b05 thence South 00° 26' 26'• East along the said east righ~-of-way of OLe ander Avenue, 348.68 feet to the Point of Beginning; thence North 89 33' S4" East, 110.99 feet; thence Vorth 16° 37' 23" East, 59.95 feet; thence South 86° 42' 34" Bast, 204.99 feet; thence South 37° 42' 24" Bast, 179.00 feet; thence South 27° 17' 34" West, 197.01 feet; thence South 65° 17~23~~ West, 154.01 feet; thence South 24° 42' 32" East 123.00 feet; th~,sice Vorth 89° 42' 43~~ West, 260.02 feet to a point on the said east right-of-way of 0leander Avenue; thence North 00° 26' 26« West along said right-of-way of Oleander Avenue, 444.99 feet to the Point of Beginning, fogether with all and si~gu(ar the tenements, hereditaments and appurtances thereunto belagirg o? in anywise ~ppertainir~y thereto, ~nd all rents, issves, p~oceeds and profits accruing snd ro sccrue from said premises, all of which are included in tbe above end foregarg dewipYro~ and Mbendum. TO HAVE AND TO HOLD the above described and granted premises unto tFx said MORTGAGEE, its succeiwn a~d ~ssiyns forever. Md tM said MORTGAGOR for 1t5 he;rs, ezecufws, administra~ors and assigns, hereby covenanti with fhe iaid MORTGAGEE, it~ iuccessors ~nd auipm, . rhat lt 1S ~awfully ieized of the uid premises in fee simple; that the same are iree, ctear and discharged from all liens and sncum~ brances in law or in equity, and that_ 1t W~~~ ~~d 1tS heirs shsll warrant and defend the title to the same to the said MORiGAGEE, i?s successws and assigns, forever against the lawful claims and demands of all perwro; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tMe p~omiuory note he?ei~before described and fhsll ftuly, prromptty and fully perform, diuharqe, execute, compkte, comply with snd abide by each ared every the stipulatio~s, agreements, conditiau and covenants of taid promisswy nofe and of this Mortgage, then thi~ Mortgage and ?}ie Estate hereby ueated shall cease and be null and void. Il IS UNDERSi00D tFNt the word "AAutgaga" whether in the singular or plural anywhere in this Mwtgage, shall be •in~vlar if one only and shall be plural jointly snd sever~lly if more than one, and that the word "their" as used anywhere in this Maty~ge shall be taken to mesn "his; "'hen,'" or "ita," whereve? the context so implies Or admits. Also, that wherever the~e is a aeference in the covenants and sgreements herein contsined to any of rhe partiei hereto, the same shall be construed to mean as well as the heirs, legal representative~, s~ccessws and assigns (either voluntsry by act of tM partiea or involuntary by operation of the Isw) o( the ssme snd that the covenants herein contained shalt bind and the benefit~ and sdvantapq inw~ to the respetlive heirs, legal representatives, successors and au~gns of the parties hereto. And said Mortgago~s, fo• themu~ves snd their heir:, legal repreuntatives, succesaors and assigns, hereby jointly •nd sevenlly covenant ~nd ayroe ro and with the ta~d MORTGAGEE, its successws and rssigns: 1. To pay sll and ~ingular the printipal ~nd imerest and fFx variovs and sundry sums of mooey payable by virtue of ~aid promissory note, and this I p mortgage, esch ~nd every, promptly on ttx days respect~vely the same severally become due. 2• To pay~ll •nd singular the hxei, assessmenta, leviei, liabilities, obligations and encvmbnrxes of every nature and kind now on said dewibed ~ property, ot th~t hereafter may be impofed,= wffered, plated, levied, w ssscssed tF~ereon, w that Fieresfter may be levied o~ assested vpon thu Mort¢ +ge, w the indebtedness tecvred hereby, eacA ind every, when due and payable, ~ccording to Is~r, befae they become delinquem, ~nd before any interes~ ~ attaches w any penalty is inwrred; AND INSOFAR A$ ANY iHEREOF IS OF RKORD TNE SAME SHAII SE PROMPiLY SATISFIEO AND DISCHARGED Of ' RECORD ANO THE ORIGINAt OfFIC1AL ~OCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECfIPT OR THf SATISFACTION PAPER OFFICIAILY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the eveM thst any thereof is not j paid, sat'sfied and diacharged sa:d MORTGAGEE may at any time pay the same a any part thereof without waiving or si(eUing any option, lien, equity or •~aht under or by virtue of this mor~gage and fhe full amo~nt of each and every such payment shall be immediately due and pay~ble and shall bear interest ~rom the date thereof until paid at rate of nine per centum per annum and togethe~ w~th such intere~t shall be secured b the lien of th:i morgtaye. 5~~K2~~ ?~,`<< .