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HomeMy WebLinkAbout0820 . ; .~1 • ~ ~ V • 30 ~?ue and to ~iold ftie same. logMl{~er wil~ fhe le?~empnis. he~e~~ilumnnls nn~I uppurle- ~~nn~-es f~~~~efo ~e~uu{~ing, an~ Ih~ ~enfs, iuues anc~ pro~ifs Ihereo~, unlo Ihe mo~lgagep, tn 7PP simp~e. 1i~e n~u~Ipapo~ coi~ena~its u~ill~ the mo~tgagee ~h4~ ~hp mo?Iga~or ia indr/easibly sPizc~d of sald ~an~~ in'Pp simp~r; Ihaf fhe mo?fgagor ha: good righl an~ ~au~ju~ authorfly to con~~ey saic~ ~anc~ as a~ore- soi~; fhal Itip morf~agor u~t~~ ma~e such ~urt{~e~ astumnces fo perfect Ihe ~ee simp~e fit~s to saia ~an~ in Ihe nlorfgagPP as mav ~PQSO/IA6Ir ~_~M~tlf~l: tl~af the mwtgagor he?eby /ully warranls !{~e tiile to snid land ared u~ill de~P11~ IIIP same agains! tl~e lawf u1 claims o( aI~ pe?sons wl~omsoever; and tl~at :a~d la.~d is ~ree a~d clear oJ all encumb?ances The ~rtgagor With the execution hereof covenaats aad agreas in Mortgatgor~s ova bel~sl! o! the heirs. assigas, and devises of the ~ Mortgagor that upon aaid propertp being aold , assigned or transferred prior to ' tbe repayment of the loan on said prnpertq in full; the Mortgagee and/or the City of Fort Pierce, Florida, shall be entitled to claia a lien against the property ~ herein mortgaged !or anp amouat of interest, costs or expenses paid by the City - of Fort Pierce !or the benelit of tbe property herein involved; that any prepay- ment of the martgage fierein involved shall lilcevise eatitle the Nortgagee and/or the City of Fort Pierce for the reimbursement of any such int~rest and/or costs advanced as aforesaid. _ j The M~ortgagee vith the.execution hereof covenants aad agrees that upon default and payment bp the City oP Port Pierce of the am~unt of principal and interest ~ then due and oving after a default that the Nortgagee vill assiga the herein involved note and Mortgage Without recourse to the City of Fort Pierce, Florida. ' ~ ~~V~~. ~w~s~ t~at ij saic~ mo?tgngor sI~uII pay unto sau~ morfgagee f~e cerfain promis- sory note l~preinaffer su~slanfia~~y copied or identlliec~, to-u~if: ' ' ~ . i I t ~ ~ ~ , . ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ . ~ . ~ _ ~ ~ ° R ~~3 8i9 ~ . deo~c r.~c~ ' , ~ ~ . . ~ - _ - . _ . ~