HomeMy WebLinkAbout2112 INDIVfOUAIS 4.78086 ~ • ~ ~ i I a
MORTGAGE
THI8 MORTQIIOE. dated tha 3rd day of March D. 19 ~ , by and
eetw..n MICHAEL J. MATAKAETIS and SHERRY L. MATAKAETIS, his wife
heroinaftK called tM Mortgagors. and PORT ST. LUCI E 6ANK, PPort St. Lucie .
a State banking sssodatkat undK the laws of the ~1SR~;~~Ii~~R hereinaftK called the Mortgages.
WITNESSETH. that for divers good and valuable conskferatlons, and ahlo to conskhrotkur of the aggregate wm nomad in
the promissory note MroinaRer described, the saki Mortgagors do hereby grant, bargain. sell. alien. romise, release. oonvay and
confirm unto the saki Mortgagee. all that certain pkra, parcel. or tract of land of whkh tha said Mortgagors aro now seized and
possessed and In actual possession, situate in the t'.our~y of St. luci a and-State of FkxWa, described as follows:
Lot 15, Block 275, PORT ST. LUCIE, SECTION T~10,'according to the Plat
thereof as recorded in Plat Book 12, Page 12A of the Public Records
of St. Lucie County, Florida -
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Ut~CUMEfVTt1RY S;I;Mr T!1
PB.
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Mahirrrfanf t'rGr:3. c ~ ; '
i _ Jo Anne Honkonen
-POET ST. LliCiE BA:•7:; -
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• Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rcrrts,
issues, proceeds, and profits axruing and to acuue from saki premises, all of which arc included within the foregoing description.
and the habendum thereof; also a!! gas, steam, electric, avatar and other healing. cooking, refrigerating, lighting, plumbing, venti-
lating, irrigating, and power systems, machines, appliances, fixturesf and appurtenances, which now arc M 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 singularthe tenements, herediatments and appurtenances thereunto
belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, iswes and profits therc-
of, and also all the estate. right, title, interest, homestead, dower and right of dower, separate estate, possession, daim 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 saki Mortgagors in and to the same, and every part and parcel thereof unto the said Mortgagee in fee simple.
And the Mortgagors hereby covenant with the Mortgagee, that they arc indefeasibly seized of said land in fee simple; that
they have full power and lawful right to convey the same in fes simple as aforesaid; that it shall be lawful for the Mortgagee,
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
will remain free from alt encumbrances; that said Mortgagors wilt make such further assurances to prove the fee simple tine to
g 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 i 31.681.50 as evidenced by that certain promissory note of even date herewith, executed by Mi Chael J . Matdkaeti S
and Sherry L. Matakaetis, his wife
- and payable to the order of Mortgagee, with interest and
upon the terms as provided therein, the final maturity date of which note and of this mortgage being _Jll ~
~ 19 ~ , which note provides that all instalments of principal and interest are payable at the office of payee,
f 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 defauR 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 c_ ` _
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