HomeMy WebLinkAbout0444 MORTOAO[ D[[O RAMCO FORM RE6M
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Made this ~ 8th day o/ MAY , A. U. 19 80 }
$~Ul~tt RALPH H. GALLOTT and MARY. F. GALLOTT, his wife
called the ~;tortgagor s ,and JOHN LESTER called the llortguget }
~'tt~nesseth, That the said .Mortgagors . /or and in ev,nsiderution of the sum o/
---------------THIRTY THOUSAND DOLLARS---------------- Dollars.
to them in hand paid by the said Mortgagee , thr receipt rrrhereu/ is hereby acknou?l-
edged, have gran+ted. bargain+ed and sold to the +aid llortgugee his heirs
' ar+d assigns /orever, the lollowir+g described land, sit+rc+le, lyir+g ur+d being in the County o/
i` ST. LUC-IE .State o/ FLORIDA . to-~r~
i ~ ~
o ..r
od4
S A W ~ 0
Section 15, Township 35 S, Range 40 E, Q U
from the center of Section 15, Run ; W
West 1321.6 feet, thence South 380 ~ 3
feet, for point of beginning, thence ~ ^ W
o •:e-~~?
East 202.78 feet, thence South 128.5 v x^~~
feet, thence West 201.4 feet, thence ~
North to the point of beginning-less ~'a ~
road right-of-way, as recorded in
• the Public Records of St. Lucie y ~ ~ rs
~ ~ N ~ C
County, Florida. ~ a
a v ~ ~
and the said Mortgagors do hereby /ully u~urrant the title to said land, and will delend the
same against the law/ul claims of all persons whomsoever.
} ~~'Q(II~ ~11~2U~S, That it said Mortgagors their heirs, legal representatives
or assigns. shall pay to the said Mortgagee his legal representatives or assigns, a
certain promissory note. a copy of which is on the reverse side hereof. and shall perform and
comply with each and every stipulation, agreement and covenant n/ said note and of this .Mortgage,
then: this Mortgage and the estate. hereby created shall 6e void, otherwise. the same shall remain
in jull /once and virtue: And the said Mortgagor s covenant to pay the interest and principal
prompNy when due: to pay the taxes and assesamenls on said. property; to carry inaurar+ce against
E ire on the building on said land for not leas than $ 20, 000:0.0 ,approved 6y the ,~iort-
gagee ,with standard mortgage loss clause payable to ~;Iortgagee ,the policy to be held by the
Mortgagee . to keep the building on said la?+d in proper repair. and to waive the homestead
exemption.
Should any of the above covenants be broken, then said note and all moneys secured hereby
shall, withoul demand, i/ the Mortgagee .his Legal representatives or assigns, so
elect, at once become due and payable and the mnrlgage be foreclosed, and all costs and exper+ses
o/ collection o/ said moneys with or without a+rit, including a reasonable lee for the .lortgagee
attorney, shall be paid by the Mortgagor ,and the same are hereby secured.
;a ~h~~f
~ The. said .'Mortgagors hereunto set their hands and
seals the day and year /first above written. .
~ Signed, a d a d deliue is oar presence:
GG27=~1
- ' ~ /f~~ RALP H . GALLOTT
MARY~~ G~LTj~-----------------------------•-
This hulrununl prrpurrd by: RUPERT JAS EN SMITH, Esq.
~ Addrrxs 715 Delaware Avenue
Ft. Pierce, FL 33450
e«~331 P~~ 444