HomeMy WebLinkAbout1857 INDIVIDUALS ~Q ~ ~
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MORTGAGE
THtS MORTGAGE. dated the 9th day oi April A. D. 19 . by and
Vinston G. Spears and Kathleen R..Spears, hi8 wife
hereinafter called tha Mortgegors, and Port St. LuCie BankL Port St. LuCie Flo~ida.
a Fl nr; ~A banking association under the laws of th~t of ~ or ~ dahereinafter called the Mortgagee,
WITNESSETH. that for divers good and valuabla considerations. and also in consideration of the aggregate sum named in
the ;.romissory n_*.e hereinsfter desc~ibed. t~e said Mortgsgors do hereby grant. bargain. sell, alien, remise. release. co~vey and '
confirm unto the said Mortgagee, ail that certain piece, parcel, or tract oi land of which the said Mortgagors are now seized and
possessed and in actual possession, situate in the County of St ~ Lucie and State of Florids. desc~ibed as followa:
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Lot 19, Block 245, PORT ST.LUCIE, SDCTION SIX, according to the plat thereof, as
recorded in Plat Book 12, pages 36A through 36D, of the Public Records of St.
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Lucie County, Florida.
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° Together with ail structures and improvements now and hereafter on said land, and fixtures attached thereto, and al! rents,
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E issues, proceeds, and profits accruing and to atcrue 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, refrigerating, lighting, p(umbing, venti-
k lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter per-
~ tain to, or be used witb, in, or on said premises, even though they be detached or detachable.
t TO HAVE AND TO HOLD the same, together with all and singular the tenements, herediatments and appurtenances thereunto ~
belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues and p~ofits there- ~
of, and atso all the estate, right, title, i~terest, homestead, dower and right of dowe?, separate estate, possession, claim and
demand whatsoever, as well in law as in equiry, 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 lawful tor the Mortgagee,
at alt times peaceabty and quietly to enter upon, hold, occupy and en'oy said land, and e~ery part thereot; that the land is and
will remain tree from aIl 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 warrant the title to said land,
~ and every part thereof, and will defend the same against the lawful claims oi alt persons whomsoever.
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` PROVIDED, AIWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal
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sum of E z5,~00.00 as evidenced by that certain promissory note of even date herewith, executed by
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~ W' nston C=. Sne~*s & athl een R. Spe~rt hi s r?i feand payable to the order of Mortgagee, with interest and
~ upon the terms as provided therein, the final maturity date oi which note and of this mortgage being May 1 i Z000 ,
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~ which note rovides that alf instalments of rmci al and interest are '
. p p' p payable at the ofiice of payee, ~
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~ P11rt 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, including a reasonable attorney's fee, upon default in the payment of said note, ~
~ and that if detault be made in the payment of any instalment thereunder and that if such detault is not made good in accordance r
~ wiii~ ihe terms ot said ~ote, that the entire ;
* FL707-E Bo~K238 P~~E1854
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