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HomeMy WebLinkAbout0008 ,~y~~~ ~ ~ , ~ ~ . ~ i i i ~ v IN NIM11b11f 0~ / ! ~ 3~~5y a~ o~ a~ ~ .o~ ~ow~ ~n ~v ~ ' nMauMT * aw~ n•u~? ~aa aF u ~ !R ~ ~ Aoo~rt ~omas ~ 1 01~MI q11CIMT f~01+R(. tT. LIICIE ~ i1A 1 ~ ' ' i . fj ' ~ ; T H I S H a R T G A G E D E E D ~ 'l Executed the 19th day of January A.D. 1976 by i ~j SALAH A. GOUDA AND DIANNE GOUDA, his wife + f :E hereinafter called the mortgagor, to j Ei ! i~~,1ARREN BANK, A Michigan Baaking Corporation, t i' hereinafter called the mortgagee: . ~ i *See footnote no.l below WITNESSETN, that for good and valuable considerations, and also in con- ~ sideration of the aggregate sum named in the promissory note o~ even da:.e here-I with, hereinafter described, the mortgagor hereby grants, bargains, sells,~a- ~ . ~ liens, remises, conveys and confirms unto the mortgagee all that certain land i t , of which the mortgagor is now seized and in possession situate in St. Lucie j ~vF~.n;sE',~ . ~ County, Florida, via: l1SE att~li s- - ~ . ~ l~ ~ ! The SE 1/4 of Section 6, Towaship 36 South, ; Range 39 East, situate and being in St. Lucie ~ County, Florida. ~ ~ LESS AND EXCEPTING THEREFROM, all rights of - ~ way for public roads and drainage canals. ' ; ~ 1_ TO HAVE AND TO HOLD the same, together with the tenements, hereditaments~ ; and appurtenances thereto,belonging, and the rents, issues and profits thereof,! unto the mortgagee, in fee simple. ~ ! - AND the mortgagor covenants with the a~ortgagee that the mortgagor is in-~ I defeasibly seized of said land in fee simple; that the mortgagor has good right' ~ and lawful authority t~•convey said land as aforesaid; that the mortgagor will 4 ~ ~°1: make such further~assurances to perfect the fee simple title to said land in ~ ~ the mortgagee as may reasonably be required; that the mortgagor hereby fully ~ € ? ~ ~ warrants the title to said land and will defend the same against the Iawful ; ~ ' claims of a1L persons whomsoever; and that said land is free and clear of all ~ encumbranc~s. This mortgage is ternary and subordinate to a certain first mort+ gage held by Northwestern Mutual Life Insurance Company in the amount of i ~ $220,Q00.00 and a second mortgage-held by Inland Fruit Company in the amount of` , ~ ,$300,000.00 and mortgagor warrants herein that all payments and obligations ; ~ thereunder have been met and that the mortgages are not in default. Any de- ! y fault in the terms and conditions of said first and second mortgages shall con-; . ! ~ ; stitute a default herein and the mortgagee shall have the option of curing the ' : ~ ~ ~default uBder the terms of the first and second mortgages and adding any sum soi ~ paid to the amount due on this mortgage. All sums so advanced shall be secured~ ~ ; ~ by this uartgage, psoviding further that in the event of foreclosure of this ; ~ ` mortgage, the mortgagee shall be entitled at any time to include any aanies ad-' ~ ~ ~ 'i*No. 1({dherever used herein the terms " mortgagor" and "~ortgagee" include ~ ~ all the parties to this instrument and the heirs, legal representatives~ ~ and assigns of individuals and the successors and assigns of corporatioti; and the term "note" includes all the notes herein described if moie ; ~ than one.) ~ ~ ' • ~ ~ $ ~ E G ' ;j ~ ~ , : : _ - ~:.~_w : . v. . _ _ _ _ -