HomeMy WebLinkAbout0085 INDIVIDUALS ,a ~
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~ MORTGAGE ~oo
THIS MORTGAGE. dated ths 16th ~y ot Jime A. D. 19 78 . by and
betwsen Robert- P. Ada~us and N.azel W. Adaras, his wife - ;
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heminatter eslhad ths Mort~aa~ors, and Port St. Lucie Bank Port St. Lucie Florida. ;
$tate te o ori a
a bankiog assocfatlon under the laws of the o~. he~elnaiter calied the Mortgagee.
WITNESSETH. that for divers Qood and valwble consideratbns. and also in oonsideration of the aggregate sum named In
the promissory nots heroinaRer desc~ibsd. the said Mortgagors do hemby grant. bargain, seli. ali~n~ remise. release. convey and
co.nfinn unto the said MortgaQee. all that certain piece. par~cel. or tract oi Iand of which the said Mongagors aro now seizad and
possessed and in actuai posseasion. sitwM in the Cou~l of St . Lucie and Stats of Fbrida, described as tollows:
1t~e South 100 feet, lying East of the Florida East Coast Railway, of
the following described parcels.of land: ~
Parcel I: Part of the SE~ of Section 19, Township 36 South,. Range 41
' East, more particularly described as folloWS: Begin at the Southvest }
corner of the SE~ of said Section 19; thence run North 651 .feet to the '
Point of Beginning; thence run North 200 feet; thence run East parsllel
to the North -line of the SE~ of said Section 19 to the East line of t
said Section 19; thence run South 200 feet; thence run West to the 7
Point of Beginning.
Parcel II: Md part of the SW~ of Section 20, To~+nship 36 South, ;
Range 41 East, more particularly described as follows: Begin at the ~
Southwest corner cf said Section 20; thence run North 651 feet to the ~
Point of Beginning; thence run North on the line dividing Sections 19 ~
a
and 20 of said Township and Range, 200 feet; thence run due East to the ~
waters edge of the Indian River; thence run Southe asterly along the .
waters edge of the Indian F.iver to a point which is due east of the ~
Point of Beginning; thence run West, 300 feet, more or less, to the point ~
~ of. beginning. T'OGEIHER WI~i RIPARIAN RIt~iTR, EXCEPTING FRON EAQi OF ~
THE ABOVE TRACTS 1HE RIGHTS OF WAY OF THE FLORIDA EAST OOAST RAILWAY ~
AND PUBLIC ROAAS.
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j P(}IiT Si. LGCiE ~uant To Ch C•• +nWne~blc Pers;,nalPrnp~~ ~
~ Poct LuC:~, F,•e~. l:IW ePier 71, 134, qc~ ~f 1 '
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~ Together with a!I structures and improvements now and hereafter on said land, and fixtures attached thereto, a~nd ali rents, t
~ issues. proceeds, and profits acxruing and to accrue from said premises, all of which are included within the toregoing description
~ and the habendum thereof; also all gas, steam, electsic, water and other heating, cooking, refrigerating, ligfiting, plumbing, venti-_ '
lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, which now are w may 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 singular the tenements, herediatments and appuRenances thereurtto
~ belonging or in anywise appertainin~ and the reversion and reversions, remainder or remainders, rents, issties and prorts there-
~ of, and also all the estate, right, title, interest, homestead, dower and right of dower, separate estate, possession, claim and
~ demand whatscever, as wetl in law as in equity, of the said Mortgagors in and to the same, and every part thenwf. with the •
~ appurtenances ot the said Mortgagors in and to the same, and every p~rt and parcel thereoi unto the said Mortgagee in fee.simple.
~ And the MortgagorS hereby oovenant with the Mortgagee. that they are indefeasibly seized-of said land in fee simple; that
= they have full power and lawtul right to convey the same in tee simple as atoresaid; that it shall •be lawful for the MoRgagee,
~ at all times peaceably and quiety to enter upon, hold, occupy and en
oy said land, and every pa~t thereoi; that the land is and :
; will remain free from all encumbrances; that said Mortgagors will make such furtbe~ assurances to prove the tee simpte titte to
~ said land in said Mortgagee as may be reasonably requi~ed, and that said Mortgagors do hereby fully wanant the title to said land,
~ and every part2hereof, and will defend the same against the lawful claims.of all persons whomscever.
; PROVIDEO, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principat ~
~ sum of s 35,000.00 as evidenced by that certain promissory note of even date herevrith, executed by Robert P. $
~ Adams and ftazel W. Adams, his Wife andpayabletotheorderofMortgagee.rrithinterestand ~
~ upon the terms as provided therein, the final maturity date of which note and of this mortgage being . ~
f
~ 19 , which note provides that all instalments of principal and interest are payable at the office of payee, I
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~ Pnr S_ .ucie , 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 iee, upon default in the payment of said note. . •
~ and that if default be made in the aayment of any instalment thereunder and that if such detault is not made good in accordance
~ with the te?ms of said note, that the entire
~ Q~ •
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