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HomeMy WebLinkAbout1455 ~ INDIVt(OUALS # ' ' D ocu~entary Sta~pe attached to original note ~~:z~ MORTGA~~t. Lu~~e ~ . ~ ~ ~ h..:: 6th ~y of June ~ A: D. 19 . bY snt! THIS MORT(il1(iE. dated ths Y Charles P. Stephenson aad Marisn 8. Stephea8on herei~siter called the Mo~agon. snd port St. Lucie Bank Part S Lucie Fbrida. a Florida bankfng sssociation unde~ the laws of the Unitad States oi Ame~tca. hereinafter called the Mortgagee. WiTNESSETH. that for divea good and valwble oonsWerstions. and also 1~ consid~ration oi the a6Bregate sum named in the promissory note hereinafter described. the said Mortg~B~ ~ heroby grant. bargain. sell, alisn, nmise. release. convey a~d confirm unto the satd MoRgagee. all that ce+tain piece. parce6 or trac~ of land of whkh the said Mo~agoa~ aro now seized and possessed and in adual possession. situate in the County ot S~_LuC34 and State of Ftorida. desc~ibed as follows: Lot 36, B iek 270 of Port St. Lucie S aexion 6, a Subdivisian accroding to the Plat th ereof Recorded in Plat Book 12, page 36A of the Public Records of St. Lucie Co n:, Florida e~nm l~ `r~ ~N ~Ar. t~tr oF T~uaet DUE ON CIASS 'C' It1TANGIBLE PE .~1!:.~L PRp?ER(~ PURSlIANT TO CHAPiER 71-134, ACTS OF 1W1. ROCER POITRAS CLERK pRpJR OOUR'~ Si. LtlCE C0~ FIA, i 6 E - E E Together with all structures and improvements now and hereafter on said Ia~, and fixtu?es attached thereto, ar~d ail rerKs, issues, proceeds, and profits accruing and to acerue from said premises, a{I of which are included within the foregoin8 desc~ption and the habendum thereof; also all gas, steam. electric, water and other heating. cooking, refrige?ating, lighting. plumbing. venti- lating, irrigating, and power systems. maChines, appliances, fixtures, and appurtenances, which now are or may hereafter pe~- 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 ali and singularth~tenemerrts, herediatments and appurtenances thereunto belonging or in anywise appertaining, and the reversion and reversions, remainder o~ remainders, rents, issues and profits there- of, and also ali the estate, rigM, title, interest, homestead, dower and right of dower, separote estate, possession, claim and demand whatscever, 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. f And the Mortgagors hereby covenaM with the Mortgagee, that they are indefeasibly seized of said land in fee simple; that ~ they have futl power and lawful right to convey the same in fee simp{e as aforesaid; that it shall be lawful for the Mortgagee. at all times peaceably and quietty to enter upon, hold, cecupy and en°oy said land, and e~rery part thereof; that the land is and will remain free from all encumbrances: that said Mortgagors will make such turther assurances to prove the tee simple title to ~ said land in said MoRgagee as may be reasonaWy 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 Mo~tgagee the indebtedness to Mortgagee in the principal sum of S~n 0.0 as evidenced by that cenain promissory note of even date herewith, execi~ted by ~ynr7 eS F. . Stephens ~n and Harian H. Ste ~henson and payable to the order of Mortgagee, with interest and ~ upon the terrifs'a~~ovided therein, the final maturity date of which r~ote and of this mortgage being ~,~.s ~ . 19 79 . which note provides that all instalments of principal and interest are payable at the office of payee. Brt St I~u~~_- . Florida. or at such other place as the hotder may designate in writing. and that each maker and z endorser agrees to pay all costs of cotlection, including a reasonabfe attorney's fee, 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 detault is not made g~od in accordance ~ with the terms of said note, that the entire ~~~L"'~+ FL 707•E ~ 8~ ~ fr' r ~ .,m^* w e.,.~.~ „>>.u.. . ~~-'~.~z_•_ - y,