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HomeMy WebLinkAbout2249 _ - _ s - - ~ INDIVIDUALS ~ ~ ~ ~~49,. ~ o MORTGAGE THIS MORTf3AfiE. dated the 16th day of November A. D. 19 79 . by and between ARLO D. VANDLEN and GERALDINE A. VANDLEN, his wife j I heroinafter called the Mortgagors. and PORT ST. LUCIE 6ANK, Port St. Lucie . a State banking association under the laws of the r heroinsfter called the Mortgagee. WITNESSETH, that for divers good and valwble considerations. artd also in consideration of the aggregate wm named In the promissory note heroinafter described. the said Mortgagor do heroby grortt. bargain. sell, alien, rortise. release, convey and confirm unto the saki Mortgagee, all that certain place. part:el, or tract of land of which the said Mortgagor aro raw seized and possessed and to actual possession. situate in the Courtly of St. Luei a and State of Florida. described ss follows: THIS IS A SECOND MORTGAGE Lot 15, Block 73, SOUTH PORT ST. LUCIE, UNIT FIVE, according to the Plat thereof as recorded in Plat Book 14, Page 12A of the Public Records of St. Lucie County, Florida I ~Tl~T~ ~--F ?=-LCD ! ~ 3. C'n I.'E+ ~ Y:_~:. x.11 ' - y . ..ice 1 ,gS q f_ E DL'i 0~1 ~li;,$ 'C ....:Ifi:ii~E P'..... _i - 'i:;j><t Hlrnlii~'t/i TO iiin?Ii::c ''I-c:~l, :.•;i: ~;Jt, t ~'J.r.:n Yli:~., talc ascil0 cou~r, sT. iu:.~ c0. ~ ~,M. l TWs tastrunta:rt Pr~rd i Jo Anne Honkonen PORT Sf. LUCIE BA;: K Plant bY. ~ F3a. 33452 i i Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rants, ~ 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 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 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 uMo 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, ~ t 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 l will remain free from alt encumbrances; that said Mo rtgagors 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 fuly warrarrt 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 indebtedness to Mortgagee in the principal sum of : 7.891.64 as evidenced by that certain promissory note of even date herewith, executed by Arl O D. Ydndl en and Geraldine A. Vandlen, his wife and payable to the order of Mortgagee, with interest and upon the terms as provided therein, the final maturity dale of which note and of this mortgage being November 16 , I l9 87 ,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 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 nntn_ that tho nnrirn