HomeMy WebLinkAbout2208 ~o ~iaue and to Mold the same. lurtefher with the tenements, heredifumenls and appurle j
rrnnrrs Thereto ieloruting. and the ?enfs• issues and pro~ifs Iherr•af• unto Ilre mortgagee. in (er simple. R
end the murfttattor cow•nanls u•illr the mortgagee Ihaf Ihp mu?Igagor is indr•Jrasihly sei.ed o~ said
land in (eN simtrle:.tlrat the mortgagor has good right and law~ul authority !o conrpy said land as afore
said: that the mo?tga~tor will make such ~u?ther assurances to perfect the ~ee simple title to said land in the
mnrfyngee as may n•osonahly be ?eyuired: that the mortgagor he?ehy (ally warrants the filly to said land -
and will dp/end the same against the lawful claims of all persons whomsoer•er: and that said land is free
and clear of all encumhraneps
The Mortgagor with the execution hereof covenants and agrees is Mortgagor's own be
half of the heirs, assigns, and devisees of the Mortgagor that upon said property `
being sold, assigned or transferred prior to the repayment of the loan on said
property in full; the Mortgagee and/or the city~of Fort Pierce, Florida, shall be
entitled to claiat a lien against the property herein mortgaged for any amount of
interest, costs or expenses paid by the City of Ftt Pierce for the benefit of the.
property herein involved; that any prepayment of the mortgage herein involved shat
likewise entitle the Mortgagee and/or the City of Ft. Pierce for the reimbursement
of any such interest and/or costs advanced as aforesaid.
The Mortgagee with the execution hereof covenants and agrees that upon default and
payment by the City of Ft. Pierce of the amount of principal and interest then due:
and owing after a default that the Mortgagee will assign the herein involved note
and mortgage without recourse to the City of Ft. Pierce, Florida
~rouided always, that if said mortgagor shall pay unto card mortgagee the certain promis-
sory note hPIPllrafter substantially copied or identified, to-wit:
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