HomeMy WebLinkAbout1522 INaIV1OUAL3 ~ . _ ~ ` .
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- - ~OR`TG_ ACE -
Tats ~r~oE< dated the • 27th dlgt of July w. u io 79 . ia? artd
eet~rr.art KARL R, IYEY and PATRICIA K. I11~Y, fNs Mi fr - - -
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t,a,,,~„,a„ oaa.d ~ , PORT ST, LUCIE BANK Port St. Lucie
a Statf3 , , - DanklrtR as:odatlon under the taws of the ~ IruelnaMr called tM Matgagaa, .
WITNES8ETH. that far dMus ,good and valwtiie considerations. acrd afao M consideration of the ag~~ata sum named In
the promissory nob harehtaRer desatbed. tM acid Mgtftegors do.haretlpl grant. bargNn, aaM. alien. relNse. reNaa. oomey and
- confirrrr unto the said Mortgsgae. ail thsR prbirt pNee, peroN. d i~d of whkh tM saki Mortta ffon are naw Belted and
posse~d and In actual a:~asaeeinn, situate in tM Corral of ~t . LUC1 a and StaCe of FlorWa. desarib~d as follows:
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= That tract known as Parcel 1 of Blodc 74 1Alitel City-S~D-nora particularly
described as : - ~ -
A11 of Lot ~l and- the East Forty Five. (45) feet of dot 2- and- the East -
Ninety Five -(95) feet of the North One Half (!1 of the Twenty (20)
Feet Hide -alley,- all. in 61ock 74, MHITE CITY Sl~OIYISION, according- - -
~to the- P=~?t thereof filed in Plat Book 1, Page 201, of the Public Records
of St. Lucie Colulty, Florida - - -
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- oh aces yC~•-_'_ Pwment aT,,,,,-
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TYe aute.~+ ~r ~ r : ~T'AT~ FL~J ~ i Q H ~ - -
I - [)OCUMEhTARY~`-,-, :.,STAMP -il+.~ ~ ~
k Jo Anne Honkonen ti O7 U~Fi:vF ki:Y3:auE ~ t = - -
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Pear ST. LUCtE 1>iAN)< ..m _ m A.9. - ..,+x25.80 ~ 1. 2 ~J ~
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.Together with ail structures and improverrbrrh rrorv and liereaiter on said land. and-fixtures attached thereto, and atl rents,
issues. proceeds, and profits aor:ruirg and to accrue from said premises. all of which are inducted within tM foregoing description
and the habRndum thereof: also all gas, steam. electric, water and other heating, cooking, rofrigeratirrg, ligftting, piumbirrg. Menti-
lating, irrigpting, end power systems. machines, appliances, fixtures, and sppurtenanoss, which now ere or may nsreaRer per
lain t0. or be used wilt., in, or on said premises, even though they be detached or detachable. - -
Tf) HAVE AND TO NOi.D the same, together with all and singular the terrortrerrts, herodlatrnenb and appurtenances ttrer+wnto
belonging or in anywise appertaining, and tfie reversion end reversions, remainder or remainders, rents. issues acrd profitu ttrere-
of. and also all the estab, riglsE title,- interest, hnrnesteaC. dower and right of lower. sspa?ate estate. possession. Beim end
9 demand whatsoever. as req in !aw ss in equity. of the said Mr~rtgagors in and to the same, an6 every part thereof, with the
# sppurt~ances of the said Mortgagors in and to the same. and every part and parcel thereat unto the said iAortg~ea in fee simple.
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And the Mortgagors hereby Orasnant -with the Mortgagee, that they aro indefeasibly seized cf said land in fee simote: that
6 they haw full power and lawful right to convey the same in fee simple u aforesaid: L'tat it shall be larrtul for the Mortgagee. .
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at all times peet~bly and quietly to enter upon. hoM. occupy and en°oy said land. and every W!t thacreof; that the land is acrd
yriif remain frs~e from all enwmbranoes: that said Mortgagors will make such further assurances to prove the -fee simpb tilts to
f said land in said Mortgagee as may be reasonaby roquirea, and that said Mortgagors do hereby fuly warrant the titb to said fend.
and every paR thereof, end will defend the same against fife lawful claims of all persons wtwmsoewr.
~ PROVIDED, ALWAYS. that ff the Mortgagors strati pay unto the Mortgagee the indebtedness to Mortgagee in the principal
sum of i 3l ,500.00 - as evidenced by that certain -promissory note of even date herewith, exeuited by Karl R. Ivey
and Patricia- K. I Vey - and payable to the oroer of Mortgagee, with interest area
r uXXp~xcon2~t4aTrrs as provided therein. the final rt>aturity dale of which note and of this mortgage being . August 1 ,
19- .which. note. prov+des that ail instalmc:?ts of prindpa! and interest are payable. at the office of pryee.
Port St . Luei e , l:wriaa, or st sudr other plate ss the holder may designate in writing, area that each maker and
endorser ,agrees to pay all cosh of collection, inducting a reasonable attorney's fee. upon ctefsult in the payment of said note,
and that ff defauR be made in the payment o! any instalment thensunder and tlud ff such default K not roads good in accordance
with the terms of said note. that the entire
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