HomeMy WebLinkAbout0557 ags248 ,~i
MORTOAO[ Otto RAYCO iORM R[s•
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Made this FIRST day o/ AUiUST , A. D. 19 80 .
~VI~RUSSEbI. KEITH BURD,II and NANCY SKINNER KURD, his wife
called the 3lortgagors ,and JOSEPH ALDFR!!M1 and BELLE ALD~,~lttd the llortgaget s,
bi.s wife
~llil~nt~seth, That the said J/ortgagors . /or and in ronsidtration of the sum o/
TEN DOLLARS AND OTHER VALUABLE OONSIDERATION Dollars.
to' THEM in hand paid by the said JJortgugees , thr receipt tnhtrto/ is hereby aclnou~l-
edged, have granted, bargained and sold to the said Jlorlgagce his heirs
acid assigns /oreuer. the /ollowing described land, situate, lying and bring in the County o1
St. Lucie .State o/ Florida . to-wit: ~ --i
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Section 24, Township 35, Range 39 East,begin at the NW ~ .
L M corner of Swk of the S1~, run East 25 feet, thence South ~ - r -
68 feet for the point of begining, thence East 208.73
feet, thence South 42b.46 feet, theme Nest 183.73 feet, _ ~
to the East rightrof-way Rug's Highway, thence North _
50 feet, thence Nest 25 feet, thence North 376.b6 feet -
more or less, to the point of begiaing, as r~orded in ~~z =
' O.R. Book 302, page 2935 and O.R. Boot 281, page2639.
SUBJECT TO: That certain first mortgage on the North 376.46 feet
to PHILLIP HOEFFNER, et al, in the original mount of $35,500.00 c~.
dated Deceaber 28, 1978.
SUBJECT T0: A first sortgage on the South 50 feet to (cont'd reverse)*
and the said .~Iortgagar S do hereby jolly warrant the titles to said land. and will dt/end the
same agai".n~Jst~~the lawful claims o/ all person: whomsoever.
~V111C11 ~~~That i/ said Mortgagors their - heirs, legal reprrstntatiues~ '
or assigns, shall pay to the said Mortgagees , their lrgal representatives or assigns, a
certain promissory note, a copy o/ which is on the reverse side hen% and shall per/orm and
comply with each and every stipulation, agreement and covenant o/ said note and of thu Mortgage,
~ then this Mortgage and the estate hereby created shall be void. otheruasc thr same shall remain
in /ull /oree and virtue. dnd the said 3lortgagor covenant to pay the interest and principal
promptly when due; to pay the taxes and assessments on said property; to can3~ insurance against
~ /'ire on the building on said land /or not less than = N/A ,approved by lht Mort-
gagee ,with standard mortgage loss clause payable to Mortgagee ,the policy to bt herd by the
~ 3lortgagee s . to I:eep the building on said land in proper repair, and to waive -the homestead
exemption.
Should any. of the about covenants be broken, then said note and all moneys secured hereby
° shall, without demand, i/ the Mortgagees their legal reluesentatives or assigns, so
elect, at once become due and payable and the mortgage br /oreclosed. and all costs and exprnses
of collection o/ said moneys with or without soil, including areasonable /ee /or the Mortgagees
a attorney, shall be paid by the Jlortgagor s ,mad the same arc herby secured.
~1t ~t~11eSS ~I1r The said Je[orlgagor s hereunto set their hands and
~ seals the day and year first about written.
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i Signed, led an eliutrt our presence:
y' I~~~~ rRUS ELL KEITH , II -
' NANCY S BUBD
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This I,utrunrnr ~rpnrrd by: Ri:
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715 DEL111;1 ~
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