HomeMy WebLinkAbout0077 ~o ~iaue llnd to Mold the same, together u~ifh the tenements, herditamenls and• appurte-
nances thereto ielonginry, and the rents, issues and profits thereof, unto the mortgagee, in fee simple.
~ end the mortgagor covenants u~ifh the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore-
said; that the mortgagor will matte such further assurances to perfect the fee simple !ills to said land in the
i~ mortgagee as may reaso?rably be required; that the mortgagor hereby fully warrants the tole to sold land
i~ anti toil! defend the same against the .lawful claims of all persons whomsoever; and that said land is free
and clear of all encumbrances except First Mortgage given by United Partners
III, Inc. to Agnes Jones dated September 17,1976 and recorded Septembe
20,1976 in O. R. Book 257,Page 2042 of the Public Records of St.Lucie
County,Florida in the original amount of $85,000.00 which Mortgage
was modified by a Mortgage Modification Agreement executed by United
Partners III,Inc. and Agnes Jones and recorded in O. R. Book 274,Page
1688 of the Public Records of St.Lucie County,Florida modifying the
j above Mortgage to provide monthly installments of $1,123.30 to be
i~ paid commenicng October 9,1977 and continuing until the entire
principal balance is paid in full, and subject to a Second Mortgage
t given by United Partners III, Inc. to George W.Kaul and Lucy Kaul,his
II wife executed September 17,1976 and recorded September 20,1976 in
~ O.R~.Book 257,Page 2045 of the Public Records of St.Lucie County,
Florida in the original principal amount of $100,000.00. Said Mortgag
to balloon on August 9,1991 with the principal amount at the time
of balloon of $50,691.65.
~rouided ~twAys, that if said mortgagor shall pay unto said mortgagee the certain promis-
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i~ sory note hereinafter substantially copied or identified, fo-wit:
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See Attached Note
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