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INDIVIDUALS ~'79~yy ~ o
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- ~ MORTGAGE
THIS MORTGAGE, dated the 28th day of February A. D. 19 ~ , by and.
between WILLARD E. STROUT and ILLENE STROUT, his wife
hereinafter called the Mortgagors, and- PORT ST. LUCIE B$AN~K~~,ppPoprtF1St. Lucie Florida,
a state banking association under the laws of the ~I~~K;t~~c~S~o~( hereinafter called the Mortgagee,
WITNESSETH. that for divers good and valuable considerations. and also in consideration of the aggregate sum named in
the promissory note hereinafter described, the said Mortgagors do hereby grant, bargain, sell. alien, remise, release, convey and
confirm unto the said Mortgagee, all that certain piece. parcel, or tract of land of which the said Mortgagors are.now seized and
possessed and in actual possession. situate in the County of $t • LUCI a and State of Florida, described as follows:
Lot 10 and the West 48' of Lot 9, Block A, RIVER'S EDGE SUBDIVISION,
according to the Plat thereof, as recorded in Plat Book 11, Page 21, -
of the Public Records of St. Lucie County, Florida
ECQMEt : ~ O. oU ¦ IMhE1R fiF T~
5 ~ ot~ oN aASS ~ INTAMt:'tilE rasoMilt f~OPERTY,
g f19Rt11ANT TO t.IflirTEtt 71-,:~, ACTS OF ti17~
ROGER POITttAs
aE~ ow,rifr coact. sT t~ a, ~(a.~1 ~ .
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TNr Mafrurrrter! propartd Drf
Jo Anne Honkonen
s PORT ST. iLiCIE }i:1:: is
P'o[t SI. Ludes, Fio. 33~Lil
€ Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents,
issues, proceeds, and profits accruing and to accrue from said premises, all of which are 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 txz 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 singular the tenements, herediatments and appurtenances thereunto
belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues and profits there-
of. and also all the estate, right, 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 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 are indefeasibly seized of said land in fee simple: that
they have full power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the Mortgagee, ,
5 at aii 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 all 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 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 T 55,000.00 as evidenced by that certain promissory note of even date herewith, executed by Wl 11 and E. Strout
and I11 ene StrOUt, hl S_ Wl fe _ 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 _ March 1 _ ,
19 95 - , which note provides that all instalments of principal and interest are payable at the office of payee,
Port S_ t. LUCI a ,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 default 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 tF~e entire e~l(327 v~~
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