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HomeMy WebLinkAbout1968 33 1 } INDIVIDUALS MO GAGE` ~ daced the 25th day of Apri 1 A, o. 19 19_._ . by and TH18 MORT(iAtiE. ~w«n. DENNIS ALLEN PASSMAN and SHARON C. PASSMAN, his wife r Mroinafter calla tM Mortgagors. and P IE B P~~o~~rt Step uci Fbrida. state banking association under tM laws of tM a )llplt~(If~• hereinafter called tM Mortgagee, WITNESSETH. that for dhrors good and valwbN consideratbns. and ahio id consideration of tM aggregate wm named In tM Promissory note herotnafter described. tM said %do Mroby Qrard. bargain, sell. alien. romise, rolease. convey and confirm unto the saW Mortgagee, all that certain pies, pargl. tract of Ind of whkh tM said Mort~aQors aro seized and ; possessed and in actwl possessbn. sitwte in the County of ~t • Luce _ and State of Fbrida. descri as tolbws: i. The South-120 feet of Tract "A", Block 17, INDIAN RIVER ESTATES, UNIT THREE, a Subdivision according to the Plat thereof, recorded in Plat Book 10, Page 47, of the Public Records of St. Lucie County, Florida 4 F i '~j~ leecewed s .,L_.~=~ ~t«tt of Taus l Due On Class "C" IntarpibMPsnonslP?oP~Y. pursuant To Chapter 71.134• Ads Of 1971. ~ RO4ER IPOITRAS ~ - C.le?u Circuit Cowl SL LycM. Co.. _ STATE ~F FLT; ~ ~ i • - ~;~?~i1MEN7ARY.- ' ST~Mi' ;l-.~ ~ _ ~ _ i This It+stnraits~ ~rAafed BY: Jo Anne Honkonen ' P08T S'P. LUCIE BA,tiB ~ i ~ Ywt St j~c1A, ~i I Together with stl structures and improvements now and Mroatter on said land, end fixtures attached thereto, and all roots, ~ issues. proceeds, and profits accruing and to accrue from said promises, all of whkh are included within the foregoing description and tM habendum tMreof; also all gas, steam, electric, water and other heating, cooking, refrigerating. IigMing, plumbing, venti• - lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, which now aro 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 tM same, together with all and singular the tenemr!ntnts, herediatments and 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 tM said Mortgagors in and to tM same, and every part thereof, with the appurtenances of tM said Mortgagors in and to the same. and every part and parcel thereof unto the said Mortgagee in fee simple. ~ And the Mortgagors Mroby 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 quietly to enter upon, hold. 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,~snd will defend the same against the lawful claims of all persons whomsoever. ~ PROVIDED, ALWAYS, that if tM Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal sum of = as evidenced by that certain promissory note of even date herewith, executed by Dennis Allen. ~~s~„~n and Sharon C PdSSllldn , his wife 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 IrldV ~ 19 94 ,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 tee, upon default in the payment of said note, and that if default be made in the payment of any instalment thereunder and that it such default is not made good in accordance with tM terms of said note, that the entire Q~~~ 19b~ ~ R t~~UJ 11 VlJ FL 707-E ~OOK - -d: y~,. _ _ ~?F h1S4t~ t