Loading...
HomeMy WebLinkAbout0146 INAIVIDUALS - / • . ~ ~ 461'39 I ° MO~tTGAGE THIS MORTGAGE. dated the 4th day of October A. D. 19 79 , by and between Eugene Duncan and Leslie P , Duncan , his wife hereinafter called the Mortgagors. and Port St. Lucie Bank,gg,,P~~ort St. Lucie Florida, a state banking association under the laws of the 4I~A~lAt:;~(XR~Xhereinafter 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, al! that certain piece, parcel, Qr tract of land of which the said Mortgagors are now seized and possessed and in actual possession, situate in the County of JI . I-~i a and State of Florida, described as follows: s THIS IS A SECOND MORTGAGE Lot 5, Block 47, INDAIAN RIVER ESTATES, UNIT SEVEN, according to the Plat thereof as recorded in Plat Book 18, page 75 of the Public Records of St. Lucie County, Fiorida Received 5 ~ ~ ~ in Payrrwnt Ot T4M DuF Or ~asR "C'" mterpiDlat PprsottM'N/pl~i Pu:s.:=••» ta~aptM T1.1i~,,ArlifOf 1l~1. ROGEl1lI~M~ Clem ~cgi1 Certlr< 17)N. ~li~ ~ ~ ~ - ~vr_•, t / ~ ~ ~ ~y-- X06. 1 5 ~ • 1• _ @~ v 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- tain to, or be used with, in, or on said premises, even though they be detached or detachable. TO NAVE AND TO HOLD the same, together with all and singular the 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 wt?atsoever, 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 Lull power and lawful right to convey the same in tee simple as aforesaid; that it shall be lawful for the Mortgagee, at all times peaceably and quietly to enter upon, hold, occupy and envoy said land, and every part thereof; that the land is and will remain tree from all encumbrances; that said Mortgagors will make such further assurances to prove the tee simple title to 5 said land in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby fully warrant the title to said land, 3 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 indebtedness to Mortgagee in the principal sum of = 4,078 _ 31 as evidenced by that certain promissory note of even date herewith, executed by Eugene Duncan and Les 1 i e P . Dunca phi s wi fe 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 _ , 19 ,which note provides that all instalments of principal and interest are payable at the office of payee, __QO1"t_ $t . _ L uei e_ . , 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 n Fl70RE IIK"(~ Q _ ~ Ai.: