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HomeMy WebLinkAbout1997 `3~ _ ~ " ti ' ~TUIW TO THIS j1NST11~1MENT PREPAREC e11 ~~rJ~!?+ ~ . EMORY JORDAN III MORTGAGF1~"l°°~ ~+"s°".'° HurcHesoN ~ rouwc~, Pa, FtDtRAI fAVINOf ! L N RDMINIfT~T1Vt QtI1TtQ 2trOI ITN A NIJt. N. - • j t.AKt WORN. /L THIS MORTGAGE, executed this ~/o` ~ 19 79 br JAMES W. TURTLE, a married person hereinafter called the mortgagors, which term as used in every instance shall include the mongagon' heirs, executors administrators, successors, legal representatives and assigns, etcher voluntary by act of the parties, or involuntary by operation o[ law, and shall denote the singulu and/or plural. and. the masculine and/or temmtne and natural and/or arttficial persons, whenever and wherever the context so- requires or admits, Puties of the First Pan, and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKE WORTH, a corporation existing under the laws of the United States of America. hereinafter called the Association, which term as used in every instance shall include the Association's successors, legal representatives and assigns, Pany of the Second Put. " WITNESSETH: That for divers good and valuable rnnsiderations, and in rnnsideration of the aggregate sum of money named in the promissory note of even date herewith, hereinafter, described, the mortgagors do grant. bargain, sell, alter, remise, release, movey and confirm unto the Association, in fee simple, the following described real estate, of which the mort- gagors are now seized and possessed and in actual possession, situate in the County of ST . LUCIE COUNTY State of Florida, to-wit: Lot 13, Block A, BEAU RIVAGE ESTATES SUBDIVISION, as per plat thereof on file in Plat Book 20, Page 4, of the Public Records of St. Lucie County, Florida. DOCUMEN~AkY--- STItM~••_t~r,a ~ m - PB w~r.k._ _ RECE';YED = g• ~ 1N P~ll}REt(T Oi TAXE! i LL's f9 CiRSS 'C' INT•hr•3Lc P~i'S0`!!.1 P?DFEdTY, ~ G :S~aNI TO : i:.;PT~ . 71- •i, A;iS GF 1971. f ~ CI:RK Cl:tGtNT COURT, ST. LU~:IE CO.. FIA.J i t - ~ TOGETHER with all structures and improvements now and hereafter on said land and fixtures attached thereto, all furniture, antt all rents, issues, proceeds and profits accruing from said premises, all of which are included within flee foregoing description and the habendum hereof; also all gas, steam, and electric water and other heating, cooking, refrigerating, lighting, plumbing, ventilation, air conditioning, irrigating, and power systems; machines, appliances, fixtures and appurtenances, which are now or may hereafter pertain to or be used with, or on said premises even though they may be detached or detachable. "I'O HAVE AND TO HOLD the same, together with the tenements, hereditaments and appurtenances, unto the .-lsociation, in tee simple. AND the mortgagors do hereby Covenant with the Association that they are indefeasibly seized of said land in fee simple; that they have full power and lawful right to convey said land in fee simple as aforesaid; that it shall be lawful for the Association at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is tree from all encumbrances; that they will make such further assurances to perfect the fee simple title to t said land in the Association as may reasonably be required; and that they do hereby fully warrant the title to said land ~ and will defend the same against the lawful claims of all persons whomsoever. ~ PROVIDED AL~'VAYS that i[ the mongagors shall pay unto the Association the indebedness evidenced by that certain promissory note of even date herewith made by the mortgagors and payable to the Association in the principal j sum of S 14 , 000.00 ,which note, together with interest thereon as therein specified, is ,i - payable in monthly installments of S 307.90 on the first day of each month beginning December 1 Ig 79which payments are to be applied first to interest and, if applicable, to taxes, assessments, insurance premiums and other charges upon t(te property, avid the balance to prtncipal, until said indebtedness is paid in toll, and shall perform, comply with and abide by each and every the stipulations, agree- ments, conditions aitd covenants of the promissory note and this mortgage, then this mortgage, and the estate created hereby shall cease ant) be null and void; however, this mortgage likewise secures any advances made by the Association to the mortgagors or their successor in title [or any purpose any time before the release, satisfaction and cancellation- of this mortgage, but at no time shall this mortgage secure -tdvances on account of the original promissory note together ~ Rw.10/76-t600-te ~~R~A~ ~ L#156544 30~7K L PAGF ~ ...,.o.,~., ..a.