HomeMy WebLinkAbout0471 INDIVIDUALS ~0 ~
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MORTGAGE ~
THIS MORTOA(iE. dated the 18th day of ~y ti o. i979 . by and '
JAMES F. MORGAN, JR. and MARGARET A. MORGAN, his wife
heroinafter called the Mortgagors. a~a P RT ST I E B K P r S i Flo~ida.
a state p~nking sssociation unde~ the laws of the heroinafter eslled ths Mortgagee.
WITNESSETN. thst tor divers good and vatuable considentions. and alw ln oonsiderstion of the agaregats sum oamed le
the promissory note hereinaite~ desc~ibed. the said Mortgagors do hemby grant. bargain, sell. alkn, romise. rolease. wnvey and
coniirm unto the said Mortgagee, ali that ceRain plece. psrcel. or tract of land oi which the said Mortgagors aro now sei~ed and
possessed and in actual possession. situate in the County of St _ L~Ci e a~ State of Florida, desc~ibed as follows:
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Lot 13, Block 3, NIDDEN RIYERS ESTATES, according to the Plat thereof,
as recorded in Plat Book 18, Page 14, of the Public Records of
St, Lucie County, Florida,
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~IM CLASS 'C IMTAN6!BLE PFR•':ti~l p,r•(1~EATY~
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T AT ~ ~ F ~ ~ ~ ` ~ ' ~ ~i11T TO CKAPifZ 71-1'~, ACTS OF 18](, •
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i TYs 1¦~Msa'~1 h~p~
~ Jo Anne Honkonen - ~
PORT ST. LUCIE BAN[i ~
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~ Poit S't. Luci~. FH. 3i4aZ
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~ Together with all strudures and improvements now and hereafter on said land, and fixtures attached thereto, and all reMs. fi
~ issues, proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description ~
and the habendum thereoi; also all gas, steam, electric, water and other heating, cooking, ~eirigerating, lighting, plumbing, venti- ~
lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, whith 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 singula~ the tenements, herediatments and appunenances thercuMc. ~
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 oi dower, separate estate, possession, ctaim and
~ demand whatsoever, as well in law as in equity, of the said Mortgagors in and to the same, arM every part thereof, with the
appuRenances of the said Mortgagors in and to the same, and every part and parcel thereof unto the said MoRgagee in fee simple.
~ And the Mortgagors hereby covenant with the Mortgagee, that they ~re indefeasibly seized oi said land in fee simpte; that
they have fult power and lawful right to convey the same in fee simple as atoresaid: 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 iree from all encumbrances: that said Mortgagors will make such funher assurances to prove the fee simple title to
x said land in said Mortgagee as may be reasonably ~equired, and that said Mortgagors do hereby fully warrant the title to said land, =
~ and every part thereof, and will defend the same against the lawiul ctaims of all persons whomscever.
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~ PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal '
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~ sum of i 52,.Q~_ as evidenced by that certain promissory note of even date herewith, executed by Jdrt1@S F. Morqan, Jr. :
~ and Mar9aret A. Morgan, hi s wi fe and payable to the order oi Mo~tgagee. with interest and '
~ upon the terms as provided therein, the final maturity date of which note and oi this moRgage being .
~ 19 , whith note provides that all instalments oi principal and interest are payable at the oNice of payee. ~
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~ Port St . Luci e , Florida, or at such other place as the holder may designate in writing, and that eacb maker and ~
endorser agrees to pay all costs of collection, including a reasonabte attorney's fee, upon default in the payment oi said note, ;
~ and that if default be made in the payment of any instalment thereunder and that if such detault is not made good in accordance •
with the terms of said note, that the entire
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