HomeMy WebLinkAbout0362 • - 11?b InatrumMt PreC•+sd BY.
~ 49'1461 :JOHN A. DARISOV• ESQ.
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9S9 S. Fsda~l Nwy. 13'~
MORTGAGE DEED stuart, F'°`I`'' 33a~ ~
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THIS MORTGAGE. executed this 27. th day of aUNE A.D., 19. $Q by
RICHARD B. HENRY & REBECCA C. HENRY, his wife,
hereinafter called the Mortgagor. which term shall include singular or plural, corporation or individual, and either sex.
and shall include the heirs, legal representatives, successor and assigns of the Mortgagor; to
AMERICAN BANK OF MARTIN QOUNTY.
a State banking rnrporation organized and existing under the laws of Florida with its principal place of business in
Martin County, Florida. hereinafter called the Mortgagee, which term shall include the successors and assigns of the
said Mortgagee.
WITNESSETH THAT, WH$REAS, the Mortgagor has received a loan from the Mortgagee and is justly indebted
to the Mortgagee, which indebtedness is hereby acknowledged and is evidenced by a certain promissory note, a copy of `
which has beeq marked "Exhibit A" and attached hereto and the provisions of said note are by reference made a part of
this instrument. ~
NOW THIS MORTGAGE WITNESSETH, that the said Mortgagor for the better securing of the several
sums of money mentioned in the said note does hereby grant, bargain. sell, alien, remise, release. convey and confirm
unto the said Mortgagee, in fee simple fonwer, the following described land, of which said Mortgagor is now seized and
possessed and in actual possession
situate, lying and being in...S.t.....LLLC.le.......County, State of Florida, and more particularly described as [ollows:
Lot 27, Block 181, PORT ST. LUCIE, SECTION EIGHTEEN,
according to the plat thereof as recorded in Plat
Book 13, page 17, of the Public Records of St. Lucie
County, Florida.
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RG6i7t P~ITGAS ~ _ ' i : - ~
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TOGETHER WITH all and singular the tenements, heriditamenta and appurtenances thereunto belonging or in
any wise appertaining and all structures and improvements now and herea[ter on said land and all fixtures attached z
thereto, together with all rents, issues and profits accruing from said premises and all gas, steam, electric, water, plumb- 1
ing, lighting, ventilating, heating and cooling systems, which now are or may be in or on said premises though they ~
be.detached or detachable, including but not limited to all refrigerators, stoves, ovens, appliances and carpets and all ~ 1
additions, replacements and increase thereof hereafter acquired or located on the said premises, and all attachments `
and parts thereof, and any additions, eztensions or betterments of. in or to the buildings now or hereafter erected on
E the said premises.
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TO HAVE AND TO HOLD the above granted premises, with the appurtenances unto the said Mortgagee, in fee.
simple forever.
AND the said Mortgagor hereby covenants and agrees with the said Mortgagee as follows:
E 1. That the Mortgagor is lawfully seized of the above described premises in fee simple and has good right to sell and
rnnvey the same to the Mortgagee; that the said premises are free and discharged of and from all to:es, tax titles or
certificates, judgments, mechanics' liens and encumbrances of any nature or kind whatsoever and that the Mortgagor
will fully warrant and defend the same to the Mortgagee, against the lawful claims and demands of all persons whom-
soever. and will make such further assurances to perfect fee simple title to said land, in the Mortgagee, as may reason-
ably berequired, and will pay the several sums of money agreed in the said note to be paid and all installments of prin-
cipal and interest thereon promptly when due, and according to the true tenor and effeM of the said note.
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2. That the Mortgagor will pay all and singular the fazes, assessments, levies, and encumbrances of every nature on
the above described property, and upon this mortgage and note. or the money secured thereby, before delinquency thereof
s and receipts evidencing payment of said to:es, assessments, levies and encumbrances shall be de
posited with the Mort-
i gages on or before March lot of each succeeding year during the term of this mortgage: and if same be not promptly
paid when due, the Mortgagee may (without obligation to do so) pay the same, or become purchaser of any lawful evi-
dente thereof, or certificate therefor, without waiving or affecting any right hereunder and in this mortgage, or the said i
note which this mortgage secures: and such payments or expenditures so made shall bear interest from the date thereof
at the highest legal rate.
• 3. That the Mortgagor will keep all real and personal property now or hereafter encumbered by the lien of this ~ .
~ mortgage insured as may be required from time to time by the Mortgagee against lass by Ere, windstorm and other 1
hazards, casuaitiea and contingencies [or such periods and for not lees than such amounts as may be required by the
Mortgagee and to pay promptly when due all premiums [or such insurance. The amounts of such insurance required by
the Mortgagee are expressive of only the minimum amounts for which said insurance shall be written and it shall be
incumbent upon the Mortgagor to maintain such additional insurance as may be neoeasary to meet and comply fully with
all oo-insurance requirements contained in said policies to the end that. said Mortgagor is not a co-insuror thereunder.
Insurance shall be written by a company or companies approved by the Mortgagee and all policies and renewabt thereof
shall be held by the Mortgagee. All detailed designations by the Mortgagor which are accepted by the Mortgagee and
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