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HomeMy WebLinkAbout1205 INDIVIDUALS 4~aSrJyrr~r / ~ ~ ~ 7 MORTGAGE THIS MORTGAGE. dated the 22nd day of May A. D. 19 _.Z2 , by and between LEE W. COWELL and SANDRA L. COWELL, his wife hereinafter called the Mortgagors. and PORT ST, LUCIE BAN~K~~,}}~~Po~~rtff SFFt, iL~~u~~cie Florida, a Stdte banking association under the lays of the ~ii~til~'Ntlrt~~4$~. hereinafter called the Mortgagee. WITNESSETH. that for divers good and valuable considerations. and also in consideration of the aggregate sum named in the promissory note hereinafter described, the said Mortgagors do hereby grant, bargain, sell. alien, remise. release, convey and confirm unto the said Mortgagee, all that certain piece. parcel. or tract of land of which the said Mortgagors are now seized and possessed and in actual possession. situate in the County of St, L uCi a and State of Florida, described as follows: Lot 10, Block 469, PORT ST. LUCIE, SECTION TWENTY-SIX (26), - a Slydivision according to the Plat thereof, recorded in Plat Book 14, Pages 4, 4A-C, of the Public Records of St, Lucie County, Florida - r : . - t*. v/O neos+~?.e.~ ~ ~Ir~ o~T~ Oue On Clsss "C" IMNpINIg ~IM11ifi1~1~ c" ~ ~ J Pursuant To Cftsptar 71.134. Mls Of 1q1. ~ . ~ PotTtlu?t ~ CNIt! Clrar+lt Curt. M. L~ C0. Iw. '1'6h Ias1nIA+MIt By: Jo Anne Honkonen ~ POILT ST. LUCIE I3.L.::: Port SL Lucie. Fla. 334",. Together with all structures and improvements now and hereafter on said land, and 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 all and singularthe tenements, 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 the said Mortgagors in and to the same, and every part thereof, with the r 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 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 i' said land in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby Cully warrant the title to said land, I and every part thereof, and will defend the same against the lawful claims of all persons whomsoever. x PROVIDED, ALWAYS; that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal sum of ; 45 ,000.00 as evidenced by that certain promissory note of even date herewith, executed by LEE W . COWELL b SANDRA L. COWELL , hl S 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 , g 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 ~ FL 707-E R 1~~~ - ~ ~ - . _ . .