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PURCHASE MONEY REAL ESTATE MORTGAGE a4
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KNOW ALG MEN BY THESE PRESENTS:
THAT the undersigned JOHN F. pFE1FFEQ and JEAN M.
PFf31FFER husband and wife, as joint tenants with right of
survivorship, doing business as CARPETS BY FIVE-FOUR, 2306
Oak Drive, Fort Pierce, Florida, hereinafter collectively
called "Mortgagor", in consideration of the. sum of ONE
DOLLAR ($1.00) and other good and valuable considerations,
the receipt and sufficiency of which is hereby acknowledged,
- and for the purpose of securing the payment of the indebtedness
hereinafter described and all extensions, renewals, substitu-
tions and changes in form thereof, together with all interest,
charges and fees thereon, has mortgaged and does hereby
mortgage unto AGRICO CHEMICAL COMPANY, Bank of Oklahoma
Tower, One Williams Center, Tulsa, Oklahoma 74172, hereinafter
called "Mortgagee",.(whether one or more), the following
=~j described real property situated in the County of St. Lucie,
' State of Florida, to-wit:
1
Lots 5 and 6, Block 1, less the South
15 feet thereof, KILLER'S SUBDIVISION,
' r according to plat thereof recorded in
Plat-Book 4, page 45, public records
i,f St , Lt1~i a C'guntys Florida
together with all and singular the tenements, hereditaments,
and appurtenances thereunto belonging or in any wise apper-
taininq, including all buildings and improvements now or
hereafter placed thereon, with ventilation fans, together
with rents, issues and profits therefrom, all of which real
property, tenements, hereditaments, appurtenances, buildings,
improvements, rents, issues and profits are hereinafter
referred to collectively as the "Mortgaged Property".
TO HAVE AND TO HOLD the above described Mortgaged
Property together with all and singular rights, heredi-
taments and appurtenances in any wise belonging_or appertain- '
~ ing thereto unto the Mortgagee forever.
The undersigned Mortgagor covenants with and warrants
to the Mortgagee that Mortgagor is lawfully seized in fee
simple title of the Mortgaged Property; that Mortgagor has
good right to sell and convey the same and to mortgage the
same as aforesaid; that said Mortgaged Property is free and
clear of all former grants, charges, taxes, judgements,
mortgages, liens, claims and encumbrances of whatever nature
made or suffered to be made by Mortgagor; and that i:he
undersigned Mortgagor will warrant and defend the title to
said Mortgaged Property unto the Mortgagee and its successors
and assigns, forever, against all claims and demands of any
person or persons whomsoever, save and except for all recorded
easements, licenses, restrictions, rights-of-way, rights of
third parties or other recorded instruments affecting the
property, real estate taxes for the current tax year not yet
due and payable, building and zoning ordinances, regulations,
prohibitions and requirements imposed by any governmental
authority, and any state of fact which an accurate survey
would disclose.
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