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HomeMy WebLinkAbout1822 _ ~ r INDIVIDUALS ~ ~~O~~rJ ID 1 MORTGAGE - THIS MORT(iA<iE, laced tM 9th day ~ March - A. o. 19 79 by and between Branton W, Turner, Jr. and Mary V, Turner, his wife ! { herolnatter called the Mortgagors. andPort St • Lucie Bank PortSt . Lucie aeo ~ntor a a _~y~_ banking association under the laws of the~~~~i~~a, heroinaRer called the Mortgagee. i WITNESSETH, that for divers good and valuable oonslderations. and also in consideration of the aggregate sum named in ' . the promissory note heroinatter described, tM said Mortgagors do heeyby grant. bargain. sell. alien, remiss. rolsase. convey and confirm unto the said Mortgagee, all that certain piece, parcel. tr~t of land of which tM said Mortgagors aro now seized and possessed and in actual possession. situate in the County of ~ • LUCi a and State of Florida, described ss follows: _ Lot 8, Block 176, PORT ST. LUCIE SECTION 11, a Subdivision according to the Plat thereof, recorded in Plat Book 15, at Page 15, of the Public s Records of St. Lucie County, Florida z 4 i n ~ s i RECEIVED s )d c . c o ' Q'1c' OY C1ASS~MT"~" 1M PAYlfE1R OF TAXES FIit~Si:w.t~ To CRCPTiPAf4 ~_8i4~PEF.S~'LiL pRt+p~N• R08:R P011'/yRS OF W1L j i 4 i i i I Together with all structures and improvements now and hereafter on said land, end fixtures attached thereto. and all rents, issues, proceeds, and profits accruing 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 other heating, cooking, refrigerating, lighting, plumbing. venti- lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter per- fain 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 alt and singular the tenements, herodiatments and appurtenances therounto f 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, t at all times peaceably and quietly to enter upon, hoW, 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 fully 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 s 50 ,000.00 as evidenced by that certain promissory note of even date herewith, executed by R Branton M. Turner, Jr, and Mary V. Turner, his Mh1+~ayable to the order of Mortgagee, with interest and I upon the terms as provided therein, the final maturity date of which note and of this mortgage being a 19 ,which note provides that all instalments of principal and interest are payable at the office of payee, - Port St . Lucie ,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 fee, upon default in the payment of said note, and that if default 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 ~~jj FL 707•E BOGK WSJ `Al~C 18~ _a