HomeMy WebLinkAbout1475 2'73893 : ~s
MORTCACB DF.F.D
1~iI8 ~DRTCIIGS DEBD~ Euacuted th~ day of -s 7 . bY
v
• M. C. CAGLE AND BETTY J. CAGLS, his ~rife
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whose sailing addzea• is 137 J~~ Road Port St. Lucie, Florida 33450 , ~
hereinafter called the Mortgagoz~, which tera ahall include the heirs, legal ;
representativea, •ucceasors and aeaigas uf said I~fortgagors, wherever the context so ~
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requires or admit• to~ BVANS PRODUCTS COMPANY, a Corporatioa under the laWa of the '
State of Delawan, vhose arailing and posC office addnss i~ 7941 Tara Boulevard, ~
Joaesboro, Georgia. hereinafter called the hortgagee, vhich term shall include its legal
representatives, euccesaors and ssaigas, wherever the context so requires or admite. ~
tiITNBSSETEI: That for divers ~good and valuable conaiderations, and also in ;
coneideration of the sggregate sum named ia the praoiaeory aote o~ even date hereWith
hareinafter described. the aaid Mortgagors do hereby grant, bargain, sell. alien, ;
temise, release, comey and confi=s uato said Hortgagee, its successors and assigns, ~
all tl~e certain pieces, parcela or tract• of laad. of ahich the asid Mortgagora are ~
oav a~ised and po~se~asd aod in actual po~sessioo. aituated in the County of ~
St. Lucie , 8tat~ of llorid~. dascsibed follwa:
d~~~~
Beginning at the Northrreat corner of the SBr4 of ~ ~Q
SE~ of SW4 of Section 19, ToWnship 35 South, ~Q~so~,t-`~~~~~~
t~an~e !~0 East; run South 11~9 feet to a point; ~ Q~,Q ~~s ~
thence turn arid run East ~ feet for a point of ~~0`~~„~,lS~~
D beo~'~; - from said point of begirLn; ~ continue 3~ \~1Pl~~~~~
East ~6 feet to a point; thenae turn and run ti•~~~~,~ s~ (
~i South 149 feet to a poi.nt; thenae turn and run ~~o
West 96 feet to a point; thenae turn and run _North ~o~' ~ ~
1l~.9 feet to the point of beg~*t?~~r+~. . oQJ~ v
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E
E ~ ~ STA7~ ~F FL~R'.:=:~~ ~ . •
; ~ ~z ~ DO~UMEPf?ARY~-.-:;~ STI~MP ~ 1 ~
~ c- pEr' ~F REYENU~ ~ `
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Tp HAyg AND TO HOLD TE~ SAME, Together with all and singular the tenements, ~
~ hereditamente and appurteaances thereuato belonging or im anywise appertaining and `
~ the revereioa and reversions, remainder and remainders, rents, iseues and proiits ~
~ thereof and also all the estate, right, title, interest, property, possession, claim
~ aad demand Whatsoever aa vell in lav as in equity of eaid Mortgagors in at?d to•the same -
~ and every past aad parcel thereof unto said 1~Iortgagee, and ita auccessora aad_assigas,
~ ia fee simple. -
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~ YRdVIDED, ALWAYS, That if eaid Hortgagora ehall pay uato said Mortgagee,
~ or its succesaora and assigns, at their mailiag sddress in eaid Joneaboro, Geor~ia,
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the auo of $ 16,984.00 , accord ing to tbe terme of that certain praoiseory note • -
~ of even date here~+ith, due and peyable ae follavs: ~
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_180 consecutive monthly installQents as folloirs: The first ~
, consecutive ~onthly install~?ents of $ 179.00 each,-or more,
on the 1st day of each and every month, cemmenci~,~ on the 1st
- day of ~~h , 19~1.; the second 89 consecutive monthly
installments of ~ 126.00 .each, or nore, comencing one Qonth
sf~ after the due date of the Oth installment, and snall be pa.yable .
- every mo:~th t:~ereafter; the re~ini.n~ balance due nereunder shall
= be due a.-~d pa.yable on the 1 Ei~h installaent. The unpaid balance
y~` due hereur.der shall bear sitaple interest at the rate of ~er
= cent per annum; said ~imple interest to be computed monthly shall
firat be deducted from said monthly payments, and the ~b~a~ce of
e8eh wuii6i~iy credited principal. $D~~~~ i~~ ~~'7~