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HomeMy WebLinkAbout2601 - _ ~ _a._ - _ _ . iyDIVIDUALS ~ MORTGAGE THIS MoATOA~iE, dated the 20th day of February A. o. 1g ~ , by .nd • t LEE R. BAKER and BARBARA J. BAKER, his wife heroinafter ca1Nd the Mortgagors. end PORT ST. LUCIE BANK Port St. L cie Fes, e o or a a State .banking associatbn under the laws of tM lUdililOr, herotnafter called the Mortgages, WITNESSETH, that for divers good and valwble oonskNrations, and also in conslderatlon of tM aggrogab sum named M the promissory note heroinafter. described. tM said Mortgagors do hereby grant. bargain, seU, alias, rernlse, release. oomtey and confirm unto the saki Mortgagee, all that certain pies. paroN, o~iract. UC nd of which the sent MoRgagoa aro now seised and possessed and in actual possession, situate in the Courtal of 1 e and State of FlorWa. described. as folkrNS: THIS IS A SECOND MORTGAGE Lots 4 and 10, 81ock 475, PORT ST. LUCIE, SECTION ;126, according to the Plat thereof as recorded in Plat Book l4, Page 4 of the Public Records of St. Lucie County, Florida 20 • Aeceivsd • ~ ~/IAw~~tlDtTlils De:~ Qn GIOM MMgI~h1gMIM RIg/Ml~i ar ~~t+f td ~Ni/iM 71~ 1~1:, AI~Mt Of 1q1. . ROONt N011~1i~ 'y>~` ~ ~ serve ~?o.~:w~ - . ~ t)O~iJMENiARY~r-~~ S i1, M ? ? t• ~ I c ° UEPS. OF c:EYNUE `;~-'~'~ss:! C 1 C I van -6'itG ` ~ ' 5.. 1 5 I ~ N P.B. ' \ t t _ :~E~z Jo Anne Honkonen POBT ST. LUCIL B~`o Pett SL. Lucie. Fts. 33la2 Together with all structures and impraremenis now and hereafter on said land, and fixtures attached thereto, and ail rents, issues, proceeds, and profits accruing and to accrue from said premises, all of which aro included within the foregoing description 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- 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 wRh all and singutarthe tenements, herediatmeMS and appurtenances thereunto ~ belon n or in an ~ gig ywise appertainin& and the reversion and reversions, remainder or romainders, rents, issues and profits thero- of, and also all the estate, rigtrt. 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 (n 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 ane indefeasibly seized of said land in fee simple; that they have full power and lawful right to convey the same in fee simple ss 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 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-Aaaeby fuiy warrant the title to said land. and every part thereof, and will defend the same against the lawful claims of all persons whomso~iie~ PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the principal sum oft 10.074.30 as evidenced by that certain promissory note of even date herewith, executed by Lee R. Baker and Barbara J . Baker, 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 February 28 19 ~ ,which note provides that all instalments of principal and interest are payable at the office of payee, , PQL"t St • LuCi a ,Florida, or at such other place as the holder may designate in writing, and thaf 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 default be made in Lhe paymerrt of any instalment thereunder and that if such default is not made good iu accordance with the terms of said note, that the entire F~ ~o~.E anoint c ~ r~GE~