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HomeMy WebLinkAbout0528 . ~ i INOIVIDUIILS MOR~CGAG~ THIS MORTOIIOE. dat~d tM 24th ~y a I"lay A. O. 19~~ . bY and eeewe.n Joseph R. Sutton and Madge R. Sutton, his wife heroinaR~r called th~ Mo~aQors, .nd ~rt St. Lucie Bank Port St. Lucie ~ Stat@ bankin~ associatioo undK th~ laws of th~ . herol~aRer qlied tM Mortga~. WITNESSETN. that tor diwrs Qood snd valwbN consNNrations. and also In consW~rstion of th~ s~ab wm nsmsd in the promissory not~ Mroinaiter d~scribsd. ths saW MoR~ors do henby ~rant, D~rgain. sNl. slteo. nmis~. nteis~. conv~y and confirm unto the said MoRgaga. all tAat certafn piece, parcel p~ t ot ~~d ot whkh th~ sald Mo~a~ors sn now seized and possessed a~ tn actwl~possessfon. situste in ths CouMy of $L• ~1e and Stat~ of FIorW~. desc~ibsd as tollows: Lot l, B1ock 33, River Park, Unit 4, a~cordi~g to the Alat thereof as reoorded in Plat Book 11, page 9 of the Public Reoords of St. Lucie County~, Florida. ~ , ~ ~ ~ r*r'"E'~" ~r+~' ~ ~E r~ an s ,C ~ Ncts JJ~~ ~~'m t*~'~~_ ~.:e~ ~ r~~ tM~ ~00. a~ ~ ~ ~I ~ ~ ~ f -d , - ~ ~9 ~ ~ ~ r~a~a By. ~ . Y STATE ~F FLOR. ID~~. ~ ~ DOCUMEN'ARY~4-::.-~STAM~~ '!i)" ~ d. LlIldd PL'1C@ Zr w DEPT. CF itEY~hUE Z.U~i' Fiis:i~i en _ aB = JUN-3'77 ~,w~~`~-;'~~~+ D 0. O O 1 ~'01t ~tC~ F'1s1. ~1~r..12 - ~ o =tt14i ~ ~ Together with all structures and improvemeMs now and hereafter on ssid land, and tixtures attached thereto, and all roMs. issues, proceeds, and prMks aocruing and to accrue trom said premises, all of which am included within tha foregoing desc~iption and the habendum thereof; also all gas, steam. elect?ic, water and other heating, cooking. refrigeroting, ligfiting, plumbing, venti- lating, irrigating, and power systems. machines, spplisnces, fixtures, and sppurtenances, which now are or msy 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 singulsr the tenements, herediatments and appuRenances thereuMo belonging or in snywise appertsining, and the revenion and reversions, remainder or remainders, rents, issues and proi'its there- of, and also all the estate, ri~t, title. interest, homestead, dower and right oi dower, sepa~ate estate, possession, claim and demand whatsoever. as wNl in law as in equity. of the said Mortgagors in and to the same. a~d every paR thereot. with the appu~tenances of the r,aid Mortgsgors in and to the same, and every paK and psrcel thereof uMo the ssid Mortgagee in fee simpJe. ~ ARd the Mortgagors hereby covensnt with the Mortgagee, that they aro indefeasibly seized of said land in fec simple; that ~ they have fult power and lawful rigM to convey the same in fee simple as aforesaid; that it shall be lawful tor the Mortgagee, at all times peaceably and quistly to enter upon, hold, occupy and en`oy said land, and every paR thereoi; that the Iand is and ~ wilt rcmain free irom all encumbrances; that said Martgagars wiff make such fuRher assurances to prove the tee simple title to ~ said land in said Mortgagee as may be reasonaWy roquired, and that said Mortgagors do hereby fully warrant the title to said tand, and every part thereoi, and will detend the same against the lawful claims of all penons whomsoever. ~ PROVIDED, ALWAYS, that ~t the Mortgagors shall pay unto the MoKgagee the indebtedness to Mortgagee in the principal 40 000.00 ' sum of s ~ as evidenced by that certain promissory note of even date herewith, executed by JoseAh R. SuttOrl 3lld Mddge R. SuttOYl s his W1fE' and payable to the order of Mortgagee, with interest and upon~t~e terms as provided therein, the tinal maturity date of which ~ote and of this mortgage being `Tt]I1e 1 , 19 , which note provides that all instalments of principal and interest are payable at the of(ice of payee, _ Port St . L,t1C1@ , Florida, or at such other place as the hoWer may designate in writing, and that each maker and endorser agrees to pay all costs of cotlection, including a reasonable attorney's tee, upon default in the payment of said note, and that if detauR be made i~ the payment of any instalment thereunder and that if such de(ault is not made good in accordance with ths terms of said note, that the entire U R n ~ Fl m7.E BOOK ~~t~ PAGE