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M01~ GAGE
THIS MORT(iAQE, dated tM 10th day of December A. o. 19 79 . by and '
between RICK OTTERSON and MARY A. OTTERSON, Nis wife
PORT ST. LUCIE 6ANK, Port St. Lucie,
hereinafter called the Mortgagors. and Fbrida.
a state banking associatbn under the laws of the hereinafter tailed the Mortgages.
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WITNESSETH. that for diver good and valwbts considenstiorrs. and also in consideration of the aggregate sum named in ~
the promissory note hereinwfter described. the said Mortgagors do hereby grant, bargain, sell. alien. remiss. release. convey and
confirm unto the said Mortgagee. all that certsln place. parcel, or qt~f~@ whkh the said Mortgagor are now seized and
possessed and in actual possession, sRuats in the County of L and Stets of Florfda. described as folbws:
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THIS IS A SECOND MORTGAGE
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Lots 1 ~ 2, Block 521, PORT ST. LUCIE, SECTION TEN, according to the Plat
thereof as recorded in Plat Book 12, Page 49 of the Public Records of
St. Lucie County, Florida
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f'bit lestnrtrter:t PrEparcd By:
Jo Anne Nonkonen `
pOAT Sf. LLB L:
port St. Lucie, F ia.
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Together with all structures and improvements now and hereafter on said land, and fixtures attad?ed thereto, and all rerKs. ~
issues, proceeds, and profits accruing and to acerue from said premises, all of which are included within the foregoing description s
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. #i
TO HAVE AND TO HOLD the same, together with all_ end 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 thereat 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, oceupy 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 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.
PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal
sum of : ~ ~ .579.56as evidenced by that certain promissory note of even date herewith, executed by
Rick Otterson and Mary D. Otterson, his wife and payable to the order of Mortgagee, wan interest and
upon the terms as provided therein, the final maturity date of which note and of this mortgage being December 24
19 89 ,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 tee, 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
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