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HomeMy WebLinkAbout0291 INDIVIDUALS 271094 , ~ v ~ MO~RTGAGE THIS MORTGACaE, dstedthe 13th eay ot December p. 29 73 , by and ~ 1 becween Richard D. Young ~and J~ne A. Young, his vrife j ~ ~ ~ , hereinafter called ths Mortgagors. and Port 5t. Lucie B~nk, Port St. Lucie ~~d,, i ~ a I'103'lda banking association unde~ the laws of the United States of Ame~ics, he~einafter called the Mortgagee. WITNESSETH. that for divers good and valuable considentions. and also in oonsideration of the aggregate sum ~amed in ~ the promissory note hereinaRer desc~iDed. the"said Mortgsgon do heroby grant. bargain, sell, alieo. remise, mlease~ convey and ; confirm unto the said Moitgagee. all that ceKain piece, pa~el. or tract ot land of which the said Mortgagors are now sei=ed and ~ possessed and in actual possession. situate in tha County of ~ t. Luc i e and State of FloHds. described as follows• i I,ot 9, Block 1, South Port St. ~ucie, Unit One~ a Subdivision ! acco~ding to the Plat thereof~ ~s recorded in Plat Book 12, at pages 1& 2 of t~e Fublic Records of St_. Lucie Co~.~nty, Florida. ~ t ~ - ~ ~ ~ ~ ~ . ~ - R~~y = 3~' - IN PAYMEIIT Of TAX~ pUE pN Cl/1SS 'C INT14V618LE PEBSOt'Y~L ~ry~ pURStWIi TO CW~P~ER 71-13~. A~ ~ U)L~r ~a T S?. WCE ~e ~ ~ ~ ~L,EpK Gpq11T fJOlift . ; ~ ~ z ; ! € E € ~ C 2 'r ~ _ F ~ i ~ ~ i ~ 0 ~ ~ ~ ~ Together with all structures and improveme~s now and here8fter on said land, and fixtures attached thereto, and all reMs. ~ issues, proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the habendum thereof; also all gas. steam, e~ectric, water and other heating, cooking, refrigerating, lighti~g. plumbing, venti~ lating, irrigating. and power systems, machines, appliances, fixtures, and appuRenances, vrhich now are or may hereafter per- ~ tain to, or be used with. in, or on said premises, even though they be detached or detachable. ~ ~ TO HAVE AND TO HOLD the same, together with all and singular the tenements. herediatments and appurtenances thereunto ~ ~ belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues and profits there- of, and also atl 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 : a appurtenances of the said Mortgagors in and to the same, and every part and parcel thereof unto the said MoRgagee in fee simple. And the Mortgagors hereby covenant with the Mortgagee, that they are indefeasibly seized of said land in fee simple; that - they have full povrer and lawful right to comey the same in tee simple as aforesaid; that it shall be lavrful for the Mortgagee, ~ at all times peaceably and quietly to enter upon, hotd, occupy and en`oy said tand, and every part thereoi: that the land is and :y.; will remain free from all encumbrances; that said Mortgagors will make sucn further assurances to prove the fee simple title to r= said land in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby fully warrant the title to said land, ~ and every part thereof, and will defend the same against the lawful claims of all persons whomscever. `:4 ' ~q PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal ~ sum of s 18 s ~Das evidenced by that certain promiswry note of even date herewith, ezecuted by R1C:1 AZ'(~ D. vOUri~ ".r:G~ J'~ri° A. YOU21d 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 J=i2:U3.2'~ 1 , F-~ r= 19 , which note provides that alI instalments of principal and interest are payable at the office of payee, _ ''OZ'~ ,Jt . yUCle , 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 colfection, including a reasonabte attorney's fee, upon detault in the payment of said note, and that if detault be made in the payment of any instalment thereunder and that if such default is not made good in accordance with the terms of said note, that the eniire ~ _ v~ ~o~-e dU~K nGf ~ - - : ~ _ = .