HomeMy WebLinkAbout1982 ~iIS IS A BAL,I,AQd IrD~ AND 1~ FINAL PAYI~TT OR Tl~ BA11A0r1 D~ i~(X~1
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THIS MORTGAGE DEED, made and executed the ~ 3 day of M8rC~1 19~_,
by WILLIAM R. HENDERSON, JR. and MARIE K. HENDERSON. his wife
hereinafter called the Mortgagor, which term shall include the heirs, legal representatives, successors and assigns of the said
Mortgagor, wherever the context so requires or admits.
to FIRST NATIONAL BANK AND TRUST COMPANY OF STUART, Stuart, Florida a National Banking Association,
hereinafter caged the Mortgagee, which term shalt include the heirs, legal representatives, successors and assigns of the said
Mortgagee wherever the context so requires or admits.
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 Mortgagor does hereby grant, bargain, sell, alien, remise, release, convey
and confirm unto the said Mortgagee, his heirs, successors and assigns, all the certain piece ,parcel
or tract of land, of which said Mortgagor is now seized and possessed and in actual possession, situate in the County
of St . Lucie and State of Florida, described as follows:
CONDOMINIUM PARCEL: Lot 25, Block C, HOLIDAY OUT AT ST. LUCIE,
a condominium, according to the Declaration of Condominium thereof,
recorded in Official Record Book 168, at page 1348, of the Public
Records of St. Lucie County, Florida.
Mortgagor expressly agrees to comply with each and every provision
of the Declaration of Condominium and all Amendments thereto of
which the instant unit is a part. This includes the provisions of
the Articles of Incorporation of the Condominium Association,
together with the provisions of the Condominium Association's By-
Laws, and includes, if applicable, the provisions of the Long Term
Lease, if any. In the event of default on the part of the Mortgagor
in any one or more of the provisions of the aforesaid Agreements,
Mortgagee may, at Mortgagee's sole option, declare the default on
any of the aforesaid Agreements, mentioned in this instant"Article,
to be a default under the provisions of this instant Mortgage, and
may further, at Mortgagee's sole option, accelerate the indebtedness
due and payable in full and/or seek judicial remedies under the
provisions of this instant Mortgage.
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Clark Circttit Cotrr6
To HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances
thereunto belonging or in anywise appertaining and the reversion and reversions, remainder and remainders, rents, issues
and profits thereof and also all the estate; right, title, interest, property, possession, claim and demand whatsoever as well in
hw as in equity of the said Mortgagor in and to the same and every part and parcel thereof unto the said Mortgagee, and
his heirs, successors and assigns, in fee simple.
And uid Mortgagor, for himself, and his heirs, legal representatives, successors and assigns, hereby covenants with uid
Mortgagee, his heirs, legal representatives, successors and assigns, that said Mortgagor is indefeasibly seized of said land in
fee simply, that the said Mortgagor has full power and lawful right to convey the same in fee simple as aforesaid; that it
shall be lawful for said Mortgagee, his heirs, legal representatives, successors and assigns, at all times peaceably and quietly
to enter upon, hold, occupy and enjoy said land and every part thereof; that said land is free from all incumbrances; that
said Mortgagor, his heirs, legal representatives, successors and assigns. wiil make such further assurances to perfect the fee
simple title to uid land in said Mortgagee, his heirs, legal representatives,successors and assigns, as may reasonably be
required; :nd that said Mortgagor does hereby fully warrant the title to uid land and every part thereof and will defend
the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, That if said Mortgagor shall pay unto the said Mortgagee the certain promissory note, of which
the following in words and figures is a true copy, to-wit:
8327 ~~1981