HomeMy WebLinkAbout2920 INDIVIDUALS Q '
Document=ry Staapa on original aote
Port St. Lucie Banlc , ~?78
MORTGAG~
THIS MORTGIIGE. dated the 15th day ot April A. D. 19 , by a~d
~t1NEQ" Tho~as Payna and Dolores Psyaes, his vife
hereinafte~ called the Mortgagors. and Florida. '
State ta~e_ of Florid8 ereinaRer called the Mo '
a banking association under the laws ot the " h rtBaHee. r
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WITNESSETH. that for divers good snd valuable considerations. and also in oonsideration oi the aggrogate sum named in i
the promissory note hereinatte~ desc~ibed. the said Mortg,agors do he~eby grant. bargain. sell, alien, remise. rolease. convey and ~
confirm unto the said Mortgagee. all that certain piece, parcel, o~ tract of land of which the said Mortgagors aro now seized and ~
possessed and in actual possession, situate in the County of St. LuCie and State of Fb~ida, described as follows:
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Lot~ 24, Block 282, POBT ST. LUCIE, SBCTION ONE, a Subdivision according
to the Plat t6ereof, as recorded in Plat Book 11, at page 53 of the Public i
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Records of St. Lucie, Ciunty, Florida ~
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~ Together with all structures and improvements now and hereafter on said land. and fixtures attached thereto, and all rents.
~ issues, proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description .
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~ and the habendum thereof; also all gas, steam, electric, wate~ and other heating, cooking, ref~gerating, lighting, ptumbing, venti- :
y lating, irrigating, and power systems, machi~es, appliances, fixtures, and appurtenances, which now are or may hereaker per-
- tain to, or be used with. in, o~ on said premises. even though thsy be detached or detachable. ;
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~ TO HAVE AND TO HOLD the same, together with all and singularthe tenements, herediatments and appu?tenances thereunto ~
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, titte, 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 ~
: appurtenances of the said Mortgagors in and to the same, and every part and parcel thereof unto the said Mortgagee in fee simple. ~
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= And the Mo~igagors hereby covenant with the Mortgagee, that they are indefeasibly seized oi said land in tee simple; that ;
= they have full power and Iawtul right to convey the same in tee simple as aforesaid; that it shall be lawful tor the Mortgagee, .
at all times peaceabty and quietly to enter upon, hold, occupy and en`oy said land, and every part thereof; that the land is and
will remain iree from all encambrances; that said Mortgagors will make such further assurances to prove the fee simple title to
said Iand 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 whomsoever.
= PROVIDED. ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal
sum of ; 000. ~0 as evidenced by ihat certain prorttissory note of even date herewith, executed by
Thom88 Ps,yue and Dolores Payne,his wife and payable to the order of Mortgagee, with interest and
,~a upon the terms as provided therein, the final maturiry date of which note and of this mortgage being .
19 82 , which note provides that aIl instalments of principal and interest are payable at the offic~ of payee, t
Pnrf St_ L.LC~e , 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, including a reasonable attorney's fee, upon default in the payment of said note, ~
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and that if default 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 entire
_ FL 707.E e0c~ 226 ~ar,E 2~18
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