HomeMy WebLinkAbout0981 ~ / QI 3ujf/7
INDIVIDUALS
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. MORTGAGE .
THIS MORTGA4E. d~t~d tM dUl ot . A. D. 19 ...L~L_ . b!? snd
betw~ Richard D. Young, M. D. and Jane A. Young, his wife
h~s~Mtt~ «~1ed tM Mo~t~o~s. and Port St. LUcie Bank Port St. Lucie Florida F~~
aeo or a
~ Florida baoki~ assoclation und~r tM Iaws of th~ heroinatter ulled tM MortgsgM.
WITNESSETH. that tor dlvm ~ood aod valwWe oonsid~atlo~s. aod also in ooosfd~rstio~ of ttw a~gat~ sum nsm~d in
the Promisso~? not~ h~~sinaMr d~sc~ib~d. tht said Mo~as do hs~b!? Sn~~ a?Qain. sdl. a1Nn. nmis~, nf~ss~. oonw~? and
co~firtn u~o the said MortQage~. all that certain piece. psroN c~ t of Isnd oi whkh the s~id Mo~rs aro iww sN~d and
possesssd and in actual poss~ssiot~, situate tn the CourKy of ~t •~ucie ~e of Florlda. d~sc~ibed as fd~ows:
Lot 35, Block 1S, SOUTB PORT ST. LUCIE ON~T TEIREE, Plat Book 12, page 4 aecording
to the Public Records of St. Lucie County, F2orida.
~ IM PAYMEM OF TAXES
DI~ ON CU~SS'6" 111TA119FE1E ~L PRO~RI~. .
, ~1971.
- pERK CIRqNT OOU~Cy ST. WCIE 00, FtA ,
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Together with ali sinkturos and improvements now and hereatter on said land. and fixturos attached thereto. and sli mMs.
issues, proceeds. and profits aocruing and to aocrue from said premises, all of which are inciuded within the loregoin8 desc~P~~
and the habendum thereof: also ail gas, steam, electric. water and other heating. cooking, refrigeroting, tighting, plumbin~ ver~tf-
lating, irrigating, and pow~er systems, machines. appliances, fextures, and appu~tenances. which now aro o~ may hereafter per-
tain to, or be used with, in, or on said premises, even though they be detached or detachable.
TO HAYE AND TO HOLD the same. together with ali and singulartlie tenemerrts. herediatmeMs and appurtenances there~ntc
belonging or in anywise appeKaining, and the reversion and roversions. remai~er or remainders, rents. issues snd profits there-
of, and aiso all the estate, ~t, title, interest, homestesd, dow~er and rigM of dower, separate estate, possessian. clalm and
demand wt~atsoever. as well in Isw as in equity. of the said Mortgagors in a~d to the same. and every paR thereof, with the
appurtenances of the said MoKgs~ors in sod to the same. and every part and parcel thereof untn the said Mortgagee in tee simple.
And the Mortgagors hereby cavenarrt with the Morlgagee. that they are indefeasiWy seized of said land in fee simple; that
~ they have fult power and lavrful right to convey the same in fee simpie as aforesaid; that it shali be lawful for the Mortgagee.
~ at all times peaceably and quiety to enter upon. hold, occupy and en;oy said land. snd every paR thereof; that the land is ar~d
will remain iree from ali encumbrances; that said Morlgagors will make such further assorances to prove the fee simple title to
said land in said Mortgagee as may be reasonably roquired, and that said Mortgagors do hereby.fuly warrarrt the title to said land,
and every part thereof, and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED, AI.WAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal
sum of = 30 ~ 000. 00 as evidenced by that certain promissory note of eve~ date herewith, executed by
Richard D. Young and Jane A. Young, his vife and payable to the order of Mortgagee, with interest and
upon the terms as provided therein, the finaf maturity date of wt+ich note a~d of this mortgage being .
19 . which note provides that all instalments of principal and interest are payable at the oKce of payee,
Pntt St _ T. ~ i~_ , Florida. or at such ather place as the holder may designate in writing, and that each maker and
endorse~ agrees to pay all costs of colle~tion, including a reawnable attorney's fee, upon default in the paymeM of said note,
' and that ii default be made in the paymerrt of any instalment thereunder and that if such detault is not made ood in accwdance
with the teRns of said note, that the entire p
F~ ~o,.E 60QK 2~ PAGE 98Q
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