HomeMy WebLinkAbout1615 44'7626 I.S~
MORTGAGB AGREffi~NT
This agreement made this / day of 197 between William C.
Furst, Jr. and Darla Ann Furst, his wife, and illiam C. Furst and-Joan H. Furst,
his wife, hereinafter called the Mortgagors and Chelsea Title ~ Guaranty Company,
hereinafter called the.Mortgagee reflects the agreement of the parties that the
Mortgagors presently owe the amount of $308.95 to the Mortgagee for monies paid
on their behalf on a purchase money mortgage from the Mortgagors to Robert G. and
Mary W. Hall, recorded in 0. R. Book 276, page 2552, St. Lucie County, Florida
records, and further that the parties have agreed that the Mortgagor will continue
to make periodic quarterly payments beginning on 1 September 1978 to the said Robert
G. and Mary W. Hall for the benefit of the Mortgagors. Therefore it is agreed by
the Mortgagors that the advances made by the Mortgagee shall be included herein as
the principal debt and that interest will accrue to the benefit of the Mortgagees
at the rate of Six per annum on the principal as it exists from time to time. ~
Witnesseth, that is consideration of the sum named herein and in the promissory
note of even date herewith, the Mortgagors hereby grant, bargain, sell, alien, re-
mise, convey and confirm unto the mortgagee, its heirs and assigns, forever, the
following described land, situate, lying and being in the county of St. Lucie, State
of Florida, to-wit:
Lot 6 and the North 18 feet of Lot 7, Block 9, OCEANVIEW SUBDIVISION,
according to the plat thereof as recorded in Plat Book 6, page 61 of
the Public Records of St. Lucie County, Florida,
and the said Mortgagors do hereby fully warrant the title to said land, and will
defend the same against the lawful claims of~all persons whomsoever.
Provided always, that if said Mortgagors, their heirs, legal representatives or
assigns, shall pay unto the said Mortgagee, ~ legal representatives or assigns, a
certain promissory note dated the 1st day of une ~ A. D. 1979, for the sum of `
$1,337.20, which includes interest at SAX on the balance-due as advances are made
by the Mortgagee under the periodic schedule and perform, comply with and abide by
each and every the stipulations, agreements, conditions and covenants of said pro-
missory note and of this mortgage, and shall duly pay all taxes, and also insurance
premiums reasonably required and all costs and expenses including a reasonable
attorney's fee, which said Mortgagee may incur in collecting money secured by this
mortgage, and also in enforcing this mortgage by~suit or othereise, then this wort- '
gage and the estate hereby created shall cease and be null and void, s
IN WITNESS WHEREOF, the said Mortgagors hereunto set their hands and seals the
day and year first above written. This is a lump sum mortgage with only one payment
unless the Mortgagors desire to pay off the mortgage in full prior to the due date
in accordance with the Schedule A attached.
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This mortgage is secondary to prior mortgage recorded in p/~.3~0 P~ .
Signed, sealed and delivered in presence of us: ~
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State of Florida, )
County of ,~~cie )
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I hereby certify that on this day, before me, an officer duly authorized in the
~ State aforesaid and in the County aforesaid, to take acknowledgments, personally
~ appeared WILLIAM C. FURST, JR. AND DARLA A. FURST, his wife ,i:,
to me known to be the person described in and who executed the fO~go~n~lftr,~st;u-
went and acknowledged before me that executed the sam~,;~~ _
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WIT SS by hand and official seal in the County and State 1 t~aforgs6rid~thie':"~{~ t
day o f ~tf,^e A . D . 197 ~ j
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This Instrument prepared by: 1.ThnA SaunF,gSnx ~ryAtD~.~a~ ~1~1~t
CY.ELSEA TITLE ~ GUARANTY COMPAI~~~~~
tort s[.ULuciel Fla. 33452 ~ s~~K310 r,~cE1614