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HomeMy WebLinkAbout0085 INDIVIDUALS ,a ~ ~U.~, . ~ ~ ! ~ ~ 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 - ; S . ~ 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. - - - . ~ . l ~ - ~ 1 • ~ l"'[ 1 i ~ t • ~ . c.~ C~':'.i.~'L~~'.=aKY./-,`•' %:.,-~,STI~N~i'--•-j~ j- ~ c-^ `v' UEFT.. l.F F'.EYENUE l:' -a'~Z ~ ~ ' '`r _ ~ ~ ' = Pg _.;~Ji 79•~~ ~ 5 2. 5 ~ ~ , w = . ~ ~ _ ' _ ;.~f - - ' f . # t a ~ ~ - > ~ • 1'his ir.e, c:: 0.:1 i t:~rt:~rc! Q; : ~d ~ ~ U~ ~ Kathleen T. Hoean ~ On Gass F~ p~ '~"^t Ta~ : 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 ' ROGEA ppR , . C1wk Clrcuh ~ ~ ~ ~ . ~ ~ ' ~ 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 ~ ~ ~ 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~ • F~,o~-F bUfRiK~~~7 PAGE UV ~<~„s ~.~:,v - . _ ~ - fa: r '-;..'~i. ~rr~'z c ~ . ~~.<y ~ ~ ~ R`~~ ~ = ~ _.-,~-rTo~„~~~.'~~^s-'~' ~ r~~-_ • ~Y~}'a~"~ _ - _ ~u,., .ax,~ rr~ _ ' ~ ~ ~ ~ ' ~ . . s . . ~ ~