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HomeMy WebLinkAbout2563 (Q SO jasuyers Tile jnsurence ~orporatton . ~ ~jg~ ~nr~g~r ~rrd 481;993 Executed the 2nd day of April A.D. 19 80 by JOHN 0. SWARTZ, a married person; and WILLIAM C. FURST, JR., a married person hereinafter called the mortgagor, to T110MAS DOXANAS; and VIRGII!lIA S. DOXANAS; and WIILLIAM bOXANAS II~,~a~i party h _ i~g~it o~an~ibyrthepentireties so that the here after calloe~ the m ~rs h~al~l have the r h vb hi gage.: 1 W6ererer used ~ereia t4 teraes "morttator" sad "s~orttatae" iaelude aA tLe parties to t6b instrument and tAe Rein. lets! reprasentatises sad anitas of iadivWaals, and tAe sueeeaaon and assitm of eorpor:ttosa; sad tDe term "Dote" indudes aq tAe sots ~ereis deseribed it more than anal WtTNESSETH, that for good and valuable -considerations, and also in consideration of the ag- gregate sum named in the promissory note of even date herewith, hereinafter described, the mort- gagor hereby grants, bargains, sells, aliens, remises. conveys and confirms unto the mortgagee all the certain land of which the mortgagor is now seized and in possession situate in St. Lucie County, F 'da,_xiz:~.~ Lots 1 16 1 18 5, , 7, , 19 ~ ,Block 7 REVISBD PLAT OF FORT PIERCE B ~ EACH, according to the Plat thereof recorded in Plat Book 8, page 29 of the Public Records of St. Lucie County, Florida. . Provided Mortgagor is not under default under. the terms hereof, Mortgagee shall release from the lien and operation .of this mortgage an individual lot, as may be selected by Mortgagor upon reduction of the principal indebtedness secured hereby in the amount of Twenty-Thousand Dollars ($20,000.00) after January 1, 1981. i RfCE1YE0 s / 8 Itl PAY1ffllT QF TAXEt ' ~S CU. o:t Ci' ~S 'C' I:IT~.~C ALE PiB5LR.1t PROPERTY. ~ ~L~' itfa~i:~tl~ 7~ :6:>:~`2 71-::4, KCTS OF 1UL ~ C~GFR pGiTRAS ~ CLERK p:i~UiT CCUBT, ST. I,IICIE 00. RA•~•~ ' l - r- ` _ , i 1. ~ - ctiL_.`.Ut : ~ This instrument prepared by: ~ r = ~ - ~ . ~ ~ " "j 1 ~ 7 `J 1 R. David Shuman, Jr. _ ~ _ _ Lawgers Title Insurance Corporation P. 0. Box 3845 , Fort Pierce, Florida 33450 Incident to the issuance of a title insurance contract. . f•aaRETURN TO LTICfaaf 1800464 TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and appur- _ tenances thereto belonging, and the rents, issues and profits thereof, unto the mortgagee, in fee sim- ple. s AND the mortgagor covenants with 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 aforesaid ;that the mortgagor will make such further assurances to perfect" the fee simple f title to said land in the mortgagee as may reasonafily be required; that the mortgagor hereby fully s warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever: and that said land is free and clear of all encumbrances except as otherwise noted herein. and and' restrictions, reservations, limitations, easements, and other such covenants of rec- ord. PROVIDED ALWAYS, that if said mortgagor shall pay unto said mortgagee the certain pro- " missory note, a copy of same being attached hereto and made a part hereof ; and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants ' thereof, and of this mortgage, then this mortgage and the estate hereby created; shall cease, de- termine and be null and void. i.'rtc su s Y.~ NG~~~