HomeMy WebLinkAbout2197 INDIVIDUALS ~ '
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MORTGAGE
THIS MORTGAGE. datsd the 26th asy of December p. i9 3~ . by and
~~en Thoma~ Payne and Doloree Payne, his wife
hereinsfter called the Mortgagors. a~d Port St. Lucie BBrik~ Port S~. LuCie ~~da~
a Florida banking association under the laws of the United States of Americs. hereinaiter called ths Mortgagee.
WITNESSETH. that for divers good and vsl~ble considerations. a~d also in consideration of Me aggrogate sum ~amed 3i~
the promissory note he~einaiter desc~ibsd. the said Ma~tgagors do he~eby grant. bargain. sell, alien. romiss. rolease. convey ar?d
continn unto the said Morigagee. all that certain piace, parcels~~ tro~t of land of which the said Mortgagors aro now seized and
possessed and in actual possession. situate in the County of . i~LiC i@ and Stata ot Flo~ids. described as follows:
Zot 23, Block 282, PORT ST. ZIICIE, SECTION ONE, a Subdivision
according to the Plat thereof, aa reoorded in Plat Book 11, at
page 53 of the Public Records of St. I,ucie County, Florida.
Lot 24, Block 282, PORT ST. LUCIE, SECTION ONE, A Su3diviaion _
aeaording to the Plat thereof, a~ recorded in Plat Book 11, .
at page 53 of the Public Records of St. Lucie County, Florida.
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~ Together with all structures and improvemeMs now and hereafter on said land, and f(xtures attached thereto, and all rents,
issues, proceeds, and profiis accruing and to aocrue from said premises, all of which are included within the foregoing description
~ and the habendum thereof; also all gas, steam, electric, water and other heating, cooking, ~eirigerating, lighting, plumbing. venti-
~ ~atine. irrigatiree. and power systems, machines, appliances, fixtures, and appurtenances, which 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 singularthe tenemerrts, 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 all the estate, right, title, inte~est, 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.
And the Mortgagors hereby covenant with the Mortgagee, that they are indefeasibly seized of said land in fee simple; that
~ they have full power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawiul for the Mo~tgagee,
~ at all times peaceably and quietly to enter upon, hold, occupy and en
oy said land, and every part thereoi; that the land is and
will remain free from all encumbrances; that said Mortgagors will make such further assurances to prove the fee simple title to
~ said land in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby fully wanant 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 Mo~tgagee in the principal
~ sum of t. 23 ~ 000 • O~as evidenced by that certain promissory note of even date herewith, executed by
~
~ ~hOIDAB Pavne and Dolores Pa
.~e . his W~~d payable to the order of Mortgagee, with interest and
~ upon the terms as provided therein, the tinal maturity date of which note and of this mortgage being Mareh 1 ~
~ ~OQQ which note provides that all instalme~ts of principal and interest are payable at the office of payee,
Port St. Lueie , 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, inctuding a reasonable attorney's fee, upon default in the payment of said note,
~ and that if default be made in the payment of any instalment thereu~der and that if such default is not made good in accordance
~ with the terms of said note, that the entire EO~~ 235 n 2196
FL 707•E
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