HomeMy WebLinkAbout1114 INDIVIDUALS .434139 /
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MORTGAGE
THIS MORTGAQE, dated tM gth °f February ~ D' 1979--' ~""d
b°tMf°e" Milliam A. Elder and Linda C. Elder, his wife
hereinafter called the Mortgagor. and FlO~•
a state banking associatbn under the laws of ths~dHtiy~%>>REitl~KJ6li~fi~a><. hereinafter called the Mortgagee.
WITNESSETH. that for divers good and valwbN conskNntk>,ns. and also in consideration of the aggregate sum named In
the Promissory note hereinafter described. the sold Mortgagors do hereby Qrant. bargain, sNl• alien. remise. release. convey and
confirm unto the said Mortgagee• all that certain piety. panrel• or trod of land of which the said Mottgagont am now seized and
possessed and in actual possassion. situate in the Cowl of and State of Fk~rMa, described as folksws:
Lot 4, Block 2, 6RANDVIEW GARDENS, acfording to the Plat thereof as recorded in
Plat Book 16, Page 16 of the Public Records of St. Lucie County, Florida.
This.is a second mortgage
Q. ~3 ~ ~K Of Tech
Recslvad t
. Oue On Class •'C" 1~~~~~•
t ~,~*s:~ant To Chaptfrr 71.13~./N01~ Of .
ROGER I~~g
r•~e•r CvCUit Court. SL Ltieb.
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Together with ell structures and improvements now and hereafter on said land. and fixtures attached thereto, and all rents,
issues. proceeds, and profits aceruing and to accrue from said premises. all of which are included within the foregoing description
and the habendum thereof; also all gas, steam, electric. water and ether heating. cooking, refrigerating, lighting, plumbing, verrti-
lating, irrigating, and power systems, machines, appliances, fixtures. and appurtenances. which now are or 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 tenemerrts, herediatments end appurtenances thereunto
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 Mortgagors in and to the same, and every part and parcel 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 simple; that
they have full power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the Mortgagee.
at all times peaceably and quiety to enter upon. hole!, occupy and en'oy said land, and every part thereof; that the land is and
will remain free from 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 fuly warrant the title to said land,
and every part thereof, and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the.principal
sum of; r
~a~T? as evidenced by that certain promissory note of even date herewith, executed by
Wi 11 i am A E1 der ~ Li nda C _ Elder, his wi fe and payable to the order of Mortgagee, with interest and
upon the terms as provided therein, the final maturity date of which note and of this mortgage being
19 .which note provides that all instalments of principal and interest are payable at the office of payee.
e.. . c. r s Florida, or at such other place as the holder may designate in writing, and that each maker and
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dorser~
a~greesCto
pa~costs of collection, including a reasonable attorney's fee, upon default in the paymerrt of said note,
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and that if defauR be made in the payment of any instalment thereunder and that if such default is not made good in accordance
with.the terms of said note, that the entire 0 RK 1i~.3
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