HomeMy WebLinkAbout1374 ~o ~iaue and to ~ioid the same, togelller with the lPnemerifi 'hprellifumPUls and applule- !
nanl•PSjf~hMP~rnfo belonging, anll fhP rents, issul~s anll p?ojifs fhP?PO(, lu?fo the mortgagee, In jPP simple.
lfllNfl the morlga{lor corhnanls Ivilh the morlflagee Ihaf the mortgagor is inllP(Pasihly srizckl of said
land in (Pe simple: fiat the mortgagor has good right and lawjul aufhorily fo com~ey said hind as ajore-
sairl: lhl/t IIIP n?orf{?agor ?vill males such further assurances to per(ec! the jee simple title to said land to fie
mortgagee as mad reasonably be required: Ihal the mortgagor hereby jolly u~arranfs the fills to said land
and u~iU dPjend tie some agninst the lawjul claims of all persons whomsoever: and-that said land is free
anll clear Oj All PflcllmbMRCPS
he Mortgagor with the execution hereof covenants and agrees in Mortgagor's own be-
half of the heirs, assigns, and devisees of the Mortgagor that upon said property
being sold, assigned or transferred prior to the repayment of the loan on said pro-
perty•in full= the Mortgagee and/or the City of Fort Pierce, Florida, shall be
entitled to•claun a lien against the property herein mortgaged for any amount of
interest, costs or expenses paid by the City of Ft. Pierce for the benefit of the
property herein involved] that any prepayment of the mortgage herein involved shall
likewise entitle the Mortgagee and/or the City of Ft. Pierce for the reimbursement
of any such interest and/or costs advanced as aforesaid.
The Mortgagee with the execution hereof covenants and agrees that upon default and .
payment by the City of Ft. Pierce of the amount of principal and interest then due i
and owing after a default that the Mortgagee will assign the herein involved note l ,I
and mortgage without recourse to the City of Ft. Piercer Florida I
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~roueded always, fiat ij said mortgagor shall pay unto sold mortgagee the certain promis-
sory Hole iPIPilla(fPr suhslm?tially copied or idenlijiPll, fo-wit:
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