HomeMy WebLinkAbout0790 F'- ~~.°~3
INDIVIDUALS _ (~~6'7a~ O /
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- ~ MORTGAGE
THIS MORTGUGE, datsd tns 16 t h day of Ma rch A. D. 19 . Dy a~d
between RICHARD P. CLAGETT and SANORA SS~CLAGETT, his wlfe
here~naiter cal~ad the Mortgagon, and P O RT S T. L U C I E B A
N~K~ P~r ~ S ~a Flo~ida.
a S t a t e panking sssociatbn unde~ the laws of the eml~aRer called the Mortgagee.
WITNESSETH. tf~at for divars good and vstuaWe considerations, and atso in consideratbn of the a~grogate sum n~med in
the promissory note he~einafter dasc~bed. the said Mortgagors d, bereby Qrant. bargain. ssll. alien. romis~. release. convay and
confirm unto the said Mortgagee. all that cenain piece. percel. or tract oi la~d o1 which tAe said MoRgsgoa aro now seized and
possessed and i~ actual possession. situate in the County of L li C 1 E aod Stats of Florida. described as tollows:
The Nest 35 feet of Lot 6, and all of Lot 7, and the West 85 feet
of the East 3S0 feet of the North half of the 20 foot wide alley,
all in Block 74, NHITE CITY SUBDIVISION, according to the Plat
thereof, recorded in Plat Book 1, Page 201, of the Public Records
of St. Lucie County, Florida. ~
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ROOEII POITA/19 ~'d~/~
CN.~ C~uft CourL SL L~M. Co.. R~.
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~ Part S~ Lucie, F~a. 33~S1
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~ Together with all structures and improvements now and hereafter on said land, and fiztures attached thereto, and all rents,
~ issues, proceeds, and protits accruing and to accrue trom said premises, all of which are included within the foregoing description
~ and the habendum thereof; also all gas, steam, electric, water and other heating, cooking, ~efrigerating, lighting. plumbing, venti-
~ lating, irrigating, and power systems, machines, appliances, 1i~ctures, and appurtenances, which~ now are or may hereaker per-
~ tain to, or be used with, in, or on said premises, even though they be detached or detathable.
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~ TO HAVE AND TO HOL~ the same, together with all and singular the tenements, herediatments and appurtenances thereunto
~ belonging or in anyvrise 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 taw as in equity, of the said Mortgagors in and to the same, and every pa~t thereof, vrith the
~ appurtenances of the said MoRgagors 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 tee simple as aforesaid; that it shall be lawful for the Mortgagee,
at all times peaceably and quietly to enter upon, hotd, occupy and en'oy said land, and every part thereof; that the land is and
~s wi11 remain free irom all encumbrances: that said Mortgagors will make such turther assurances to prove the fee simp{e title to
said land in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby fully warrant the title to said land,
# and every part thereof, and witl defend the same against the lawiul claims oi all persons whomsoever.
PROV(DED, ALWAYS, that ii the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal
r sum of s 3 7, 2 ~ evidenced by that certain promissory note of aven date herewith, eXec~ted by R i c h a r d P.
~ C 1 a 4 e t t ~ S a n d r a S;'""C 1 a g e t t, h i s w i f e and payable to the order of Mortgagee, with interest and
Ap ri 1 1
~ upon the terms as provided therein, ttie final maturity date ot which note and ot this mortgage being ~ .
~ Z OO 4~~~h note _provides that all instalments of principal and interest are payable at the oftice of payee,
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, _Po rt__~~_1,Jj~j~_ . Florida, or at such other place as the holder may Aesignate in writing, and that each maker and
endorser agrees to pay al! costs of collection, including a reasonabte attorney's (ee, upon defauit in the payment oi said note.
` and that if default be made in the payment of any instalment thereunder and that if 5uch de(ault is not made good in accordance
with the terms oi said note, that the entire ~ F~
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