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HomeMy WebLinkAbout1063 ..r INDIVIDUALS ~ } ~ ~6~'~5a3 ' MORTGAGE THIS MORTt3A(iE. dated the "~J~OE"' day of A. D. 19 . by and be~een Douglas R. Swanson and Julie M. Swanson, his wife heroinafter called the Mortgagors. and Port St. Lucie Bank, Port St. Lucie Florida. ~~e~''FTor a a State banking association under the laws of the Mli~df~9tltflliilWi)If6giidr, 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, rolease. convey and confirm unto the said Mortgagee. all that certain piece. parcel. or tract of land of which the said Mortgagors aro now seized and possessed and in actual possession. situate in the County of St 1 uci a and State of Florida, described as follows: Lot 2, Block 134, SOUTH PORT ST. LUCIE, UNIT - - EIGHT, according to the plat thereof as recorded in Plat Book 14, Page 26, of the Public Records of St. Lucie County, Florida n - q(I.5 ~ = D_OC_UMEN?Al2`',-~ SiAft1F_~!• • ~ RECfI>rE0 s~ ~ IN PAYMEtIT 0/ TilCSS _ _ ~ ",`.~-i ~ 9 1. 5 u -mac. = 9Ct.:'ly 6UE ON CLf.SS `C' INtRll6:BLE PtRSCti11l PI'.~I'F.ttTY, - - ?8. ~ • :,g- 1 PYUSUAIIi TO CIUPTER 71-1~~. ACiS 0f N~ - • R06Eil polTtiflS al~lc f~T i~T. sT. iWgE ca. This is a balloon mortgage and the final payment or the balance due upon maturity is X54,910.62 together with accrued interest if any and all advancements made by the mortgage under the terms of this mortgage. i 1'6Is tatfrul~ htaparea Dl?t f ~ Linda L. Beaty P~~O~~.ET~~yyST. LUCIE l;A;.b ii.5i iit~ ~swsn: Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues, proceeds, and profits axruing 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. s TO HAVE 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 whatsoever, as well in law as in equi ty. 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 covenarrt 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 atl times peaceably and quietly to enter upon, hold, occupy and en'oy said land, and every part thereof; that the land is and x will remain free from all encumbrances; that said Mortgagors will make such further assurances to prove the fee simple title to said land in 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. z j PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal sum of = b,~.~QQaQQ___ as evidenced by that certain promissory note of even date herewith, executed by Douyl as R_ SWdnson ~ and Jul ie M Swanson , his 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 , 19 ,which note provides that all instalments of principal and interest are payable at the oNice 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 defauk be made in the payment of any instalment thereunder and that if such default is not rr?are good in accordance with the terms of said note, that the entire l1~ ~ ~ c. ~n~r (~K [ L~f2C