HomeMy WebLinkAbout1636 INDIVIDUALS a3'.~a~a~cJ ~ ~
MORTGAGE
THIS MORT(iA~E. dated th~ . 4th day of August A. D. 19 ~ by and
Johrn EdNard Gatz and Etelyn Ruth t3ata, his wife
heroinaiter called the Mortgagors. and port c* _ T.,~e; w RAr,k ~ Port St = t.ycie FbNds.
a Florida banking association under the laws of the~~p~~ hereinatter callsd the Mo~tgagee.
WITNESSETH, that for divsn good and valwble consid~rations. s~d also in coosidention of the agg~reBate sum named in
the promissory note hareinaiter desc~ibed. the said Mortg,a6~+ do hemDy grant. bargain. sell. alie~. romis~~ rolesse. convey snd
coniirm unto the said MortgaQea, all that certain piece. parcel. or tract oi land of whkh the said Mortgagors aro now seizsd and
possessed and in sctual possessiao. situate io the CouM~l of aod State of Flo~ids. described as tdlows:
Lot 24, Block 2, ~NER FA~C, IINIT OtiE, according to the plat Lhereof, as recorded i
in Plat Book 10, page 69, of the Public Records of St. Lucie County, Floricla.
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Together with all structures and improvemeirts now and hereaker on said land, and fixtures attached ther+eto, and all reMs.
issues, proceeds, and profits accruing and to accrue 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, plumbing, venti- ~
lating, irrigating. and power systems, machines, appliances. fixtures, and appurtenances, which now are or may hereaiter per- ~
tain to, or tie used with. in, or on said premises, even though tbey be detached or detachable:
- TO HAVE AND TO HOLD the same, together with all and singular the tenemeMs. herediatments and sppuReeances thereunto
belonging or in anywise appe~taining, and the reversion and reversions, remainder or remainders, rents, issues and profts there-
of, and atso all the estate, right, title. interest, homestead, dower and right of dower, separate esWte, possession, claim and
demand whatsoe~rer, as well in law as in equity. of the said Mo~tgagors in and to the same, and every part thereof, with the
appurtenances of the said Mortgagors in and to the same, and every pa~t a~d parcel the~eof unto the said Mortgagee in fee simple. ~
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And the MoKgagors 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 simpfe as aforesaid; that it shatl be Iawful for the Mortgagee,
~ at all times peaceably and quietly to enter upon, hold, occupy and en'oy said land, and every paR thereof; that the land is and
~ will remain free from all eocumbrances; that said Mortgagors witl make such fuRher assurances to prove the fee simple title to
~ said land in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby fuly warraM the title to said land, '
~ and every part thereof, and wilt defend the same against the lawful claims of all persons whomscever. `
PROVIDED, ALWAYS, that ii the Mortgagors sha!{ pay unto the Mortgagee the indebtedness to Mo~tgagee in the principal `
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sum of S ~-1 ~000.00 as evidenced by that ce~tain promissory note of even date herewith, executed by ~
John E. Gatz ~nd EV61~ i?. 33tz * h~ R wi fe and payable to the order of Mortgagee, with interest and ~
upon the terms as provided therein, the final maturity date of which note and of this mortgage being tem er 1 ,
19 $_.:L_ , which note provides that aIl instalments of principal and interest are payable at the office of payee,
Port St. Lucie , Florida, or at such othe(„~lace as the holder may designate in writing. and that each maker and
endorser agrees to pay all costs of tollection, intluding a reasonable attorney's fee, upon default in the payment of said note.
` and that if default be made in the payment of any instalmeM thereunder and that if such default is not made good in accordance
with the terms of said note, ihat the entire
FL 707•E gQ~K 242 PAGE 1639 .
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