HomeMy WebLinkAbout1677 . ~
INDIVIDUALS ~ ~ ~
~ 460818
. MORTGAGE ~ ~ -
THIS~MOttTQAGE, dated the 28th day of September A. o. 19 by end
between RALPH 0. MARAN6I0 and ANNA MARANGIO, his wife
herelnsfter tailed the Mortgagors. and PORT ST. LUCIE BANKa Po~~rtff St. Lucie -
a state banking assoNatbn under the Taws of the7t~;110~R1{~~~ hereinafter called the Mortgagee.'
WITNESSETH, that for divers good and valuable consWerations. and also in oonsideratbn of the aggrogste sum named In
the promissory note hereinafter described. the said Mortgagors do hereby grant, bargain, sell. alkn, remise. release, convey and
confirm unto the said Mortgagee. all that certain piece, paroM. or tract of land of whkh the said Mortgagors are now seized and
possessed and in actual possession. situate in the County of St _ Lucie and State of FbrWa, described as follow::
Lot 3, Block 48, SOUTH. PORT ST: LUCIE, UNIT SIX (6} , a Subdivision according
to-the Plat thereof as recorded in Plat Book 14, Pages 14, l4A and B, of the
Public Jtecords of St. Lucie County, Florida
- - -
~n STATE ~F FLORiD~~:l
~ DOCUMENTARY.N-::,,S~TAl~P ih) ~
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t}F REYE~iUE
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Together with atl structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents,
issue3, proceeds, and profits accruing and to accrue from-said premises, all of which are ircit;ded within the foregoing description
and the habendum thereof; also all gas. steam, electric, water and other heating, tooting, refrigerating, I'rghting. plumbing, venti-
lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter per-
tain to, or be used with, in, or on said premises, even though they be deiached or detachable.
TO HAVE AND TO HOLD the same, together with all-and singularthe tenements, heredietments 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 ,
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
said land ire said Mortgagee as may be reasonably required, and that said Mortgagors do 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.
PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebted?ress to Mortgagee in the principal
sum of = 56.000.00 as evidenced by that certain promissory note of even date herewith, executed by Ralph O . Mardngi O
and Anna Marangio , hi S wife and payable to the order of Mortgagee, with interest and
upon the to?ms as provided therein, the final maturity date of which note and of this mortgage being October ~ ,
~c~2004 ,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 piece 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 iri the payment of said note,
E and that if defauR 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 nR n~ ~ ty,~