HomeMy WebLinkAbout1970 This is a balloon mortgage and the final payment of the balloon due upon maturity ~
is $31,820.00 together with accrued interest, if any, and all advancements made by
the mortgagee raider the terms of this mortgagee 4~F0~~
TH1S 11lORTCAGE DEED, mode and executed the day of ....................MaX.............................., 19....9
b ................WARREN YUENGEL and DOROTHY..,YUENGEL,...his wife,,........,..................,_..._...._,...,.._.
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hereinafter called the Mortgagor, which term shall include the heir, legal representatives, successor and assign: of the said
Mortgagee, wherever the context so requires or admits.
to FIRST NAT10NAl. BANK AND TRUST COIMPANY OF STUART, Stuart, Florida. a National Banking Association.
hereinafter called the Mortgagee, which term shall include the heirs, legal representatives, successor and assigns of the said
Mortgagee wherever the context so requires or admits.
WIT\ESSETII: That for divers good and valuable considerations, and also in consideration of the aggregate sum named
in the promissory note of even date herewith hereinafter described. the said Mortgagor does hereby grant. bargain, sell, alien.
remise, release, convey and confirm unto the said Mortgagee, his heirs. successors and assigns, all the certain piece.......
parcel...... or tract...... o[ land. of which said Mortgagor is now seized and possessed and in actual possession, situate in the
St . Ll1Cle ,and State of Florida, described as follows:
County of
Lot 22, Block 137, SOUTH PORT ST. LUCIE, SECTION EIGHT, according
to the Plat thereof as recorded in Plat Book 14, Page 26 and
26A through 26D, of the public records of St. LucieCounty,
Florida.
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j To HAVE :\tiD TO HOLD the same, together with all and singular the tenements. hereditaments and appurtenances
thereunto belonging or in anywise appertaining and the reversion and reversions, remainder and remainders, rents, issues
{ and profits thereof and also all the estate, right, title, interest. property. possession, claim and demand whatsoever as well in
I la~v as in equity of the said :Mortgagor in and to the same and every part and parcel thereof unto the said Mortgagee, and
his heirs, successors and assigns. in fee simple.
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And said Mortgagor, for himself, and his heirs, legal representatives. successors and assigns, hereby covenants with said
Mortgagee. his heirs, legal representatives, successors and assigns. that said Mortgagor is indefeasibly seized of said land in
fcc simple; that the said Mortgagor has full power and lawful right to convey the same in fee simple as aforesaid; that it
j shall be lawful for said Mortgagee, his heirs, legal representatives, successor and assigns, at all times peaceably and quietly
i to enter upon, hold, occupy and enjoy said land and every pan thereof; that said land is free from all incumbrances; that
said Mortgagor, his heirs, legal representatives. successors and assigns, will make such further assurances to perfect the fee
simple title to said land in said Aortgagee, his heirs, Icgal representatives, successors and auigns, as may reasonably be
required; and that said bfortgagor dots 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.
s PROVIDED ALWAYS, That if said Mortgagor shall pay unto the said hlortgagee the certain promissory note, of which
the following in words and figures is a true copy, to-wit:
- This instrument prepared by:
- George W. Sommer, Esq.
3 Sommer & Frasier, P.A.
P. O. Box 2210
Stuart, Florida 33494
aooK 309 oAC~ 196?
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