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HomeMy WebLinkAbout3254 INDIVIOUALS ~J ' ~438QS MORTGAGE . ~ THIS MORTGAGE, dated the 15th day of December A. D. 19 by ~n~ - between I,AVINIA L. REDD , a single adult - _ hereinafter cailed the Mortgagors. and Flr'St Peo,~les Bank Of For~ p~~r~e, Flo~ida, a FlOY'id3 _ panking association under the laws oi the United States of America, hereinafter called the MoRgagee, - WITNESSETN, that for divers good and valuable considerations, and also in consideration of the agg~egate sum named in the promissory note hereinafter described, ihe said Mortgagors do hereby grant, ba~gain, sell. alieo, remise, release. convey and confirm unto Lhe said Mortgagee, all that certain piece. parcel, or tract of land of which the said Mortgagors are now seized and possessed and i~ actua{ possession, situate in the County of ~t _ L.uCi~ and State of Florida. described as follows: That part lying East of the Florida East Coast Railway right of way of the South 79.16 feet of Lot 3 of the J. O. Fries Subdivision of Government Lot 1 in Section 1, Township 36 South, Range 40 East, as per plat thereof recorded in Plat Book 4 at page 43 of the public records of St. Lucie Co~ty, Florida ; ~ R~~p ~_~S~- 06 iN PAYMENT OF TAXES pt~p~CU6S'C' IN7ANGIdLE PE?S~~YaI PHO+^ERIY, pURStlANT TO CMAPiER 71-13,. I?C1S OF 19/1. ppGER POITitAS Ctfii~ CIRCIIIT COURT, ST. UlCIE (:0.. FIA. I ~ i ~ i ~ ! 1 C 9 $ 9 :i ~ ~ ~ Together with alt structures and improvemenis now and hereafter on said land, and fixtures attached thereto, and all rents, ~ issues, proceeds, and profits accruing and to accrue trom said premises, all of which are included within the foregoing description Y and the habendum thereof; also all as, steam, electric, water and other heatin cookin refri eratin ti htin B g. g, g g, g g, plumbing. venti- lating, irrigating, and power systems, machines, appliances, fixtures, and appurienances, which now are or may hereafter per- tairt to, or be used with, in, or on said premises, even though they be detached or detachable. s TO HAVE AND TO HOLD the same, together with aH and singular the tenements, herediatments and appurtenances thereuMo - belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues and profits there- of, and also all the estate, right, title, interest, homestead, dower and right of dower, separate estate, possession, claim and ~ demand whatsoever, as well in law as in equity, of the said Mortgagors in and to the same, and every part thereof, with the u appurtenances oi the said Mortgagors in and to the same,-and every part and parcel thereof unto the said Mortgagee in fee simple. And the Mortgagors hereby covenant with the Mortgagee, that they are indefeasibly seizec! of said land in fee simple; that " they have full power and lawtut right to convey the same in fee simpte as aforesaid: that it shall be lawful tor the Mortgagee, • = at al~ times peaceably and quietly to enter upon, hold, occupy and en`oy said land, and every part thereof; that the land is and will remain free irom all encumbrances; that said Mortgagors will make such turther assurances to prove the fee simpte titte to _ said tand in said Mortgagee as may be reasonably required, and that saJd Mortgagors do hereby fully warrant the title to said land, and every part thereot, and will defend !he same against the law(ul claims of all persons whomscever. PROVIDED, ALWAYS, that if the ~~Aortgagors shall pay unto the Mortgagee the irtdebtedness to Mortgagee in the principal ';2 sum of S 2 8. 0~~~0~ as evidenced by that certain promissory note of even date herewith, executed by _ ~Lavin ia L._ Redd and payable to the order of Mortgagee, with interest and ' upon the terms as provided therein, the final maturity date of which note and of this mortgage being D~C@~il~ex - ]9 _83 , which note p~ovides that all instalments of principal and interest are payabte at the otfice of payee, ' ' FOZ't P1@Y'CE' Florida, or at such other place as the holder may designate in writing, and that each maker and endorser agrees to pay all costs of collection, ~ncluding a reasonabte attorney's tee, upon default in the payment of said note, and that if default be made in the payment of any instalment thereunder and that if such defautt is not made good in accoMance w~th the terms of safd note, that the entue c~. ~or•E SUOl~ ~Ot7 ?'AG~ 249 ~ ~ - . i ~ ~ - ~ _ _ ~ ~ . . . - .