HomeMy WebLinkAbout0801 INDIVIDUALS . U ~
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MORTGAGE
. THIS MORTGAGE, dated the 28th dsy of April - o. 19~_ , by and
between W. I.
Logan/~rubaker and Faye/~rubaker, his wife
hereinafter called the Mortgagors. and Por t S t. Luc i e Bank } Por t S t. Luc i e Florida,
a State bsnkin association under the laws of the Y ta e of gloXid
g ~~o![il~~c~ereinafte~ calted the Mortgagee,
WITNESSETN. that tor divers good and valuable coosiderations. and also in consideration ot the aggregate sum named in
the promissory note hereinafter described, the said Mortgagors do hereby grant, bargain, sell. a~ien. remise, release, convey and
confirm unto the said Mortgagee, all that ce~tain piece. parcel. or tract oi land oi which the said Mortgagors are now seized and
possessed and in actual possession, situate in the County of S t. Luc ie and State of Florids, described as follows:
Lot 3, Block 433, Port St.Lucie, Section Three, according to the Plat
thereof as recorded in P~at Book 12, page 13 of the Public Records of
St. Lucie Countv, Florida
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7~ que~~anf TO CheptM 71. ~34. ACU Of 871.
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e Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and aU rents,
~ issues, proceeds, and profits accruing and to accrue from said premises, all of which are included within the toregoing description '
~ and the habendum thereof; also all gas, steam, electric, water and other heating, cooking, refrigerating, lighti~g, plumbing, venti-
ti lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, whith now are or may hereatter 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 atl and singular the tenements, herediatments and apPurtenances thereuMo
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, interest, 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 MoRgagors in and to the same, and every part and partel 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 simp{e; that
they have full power anc! lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the Mortgagee,
at all times peaceably and quietly to enter upon, hold, occupy and en`oy said land, and every part thereof; thai the land is and f
' will remain free irom 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 warrant the titte to said land, ~
and every part thereof, and will defersd the same against the lawiul ciaims of all persons whomsoever. '
= PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in th~principal '
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_ sum of E 19 F]00. 00 as evidenced by that certain promissory note of even date herewith, executed by Lo~an/Brubaker
3li~~dy_e~Efubaker and payable to the order of Mortgagee, with interest and -
upon the terms as provided therein, the final maturity date of which ~ote and oi this mortgage being _iune 1~ 2n0~ ,
X9C1~_ , which note provides that all instalments of principal and inte~est are payable at the office of payee,POrt St. Lucie .
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f 5ank, Port St. LuCie. PL , 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 a ment of an
p y y instalment thereundar and that if such default is not made good in accordance
with the terms of said note, that the entire ~r
' FL 707-E ;j ~j OL~
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