HomeMy WebLinkAbout0716 This instrument prepared by: i~ ~
SU'7513 MacMILLAN & HALLBERG
ATTORNEYS-AT-IAW
1074 N.E. COMMERCIAL STREET
JENSEN BEACN. FLORiOA 33457
TIiIIB MORTOAQD D)c6D, made and a:ecuted the~day oi_ lti~ ~~~.SO
by.._ ..............~v~Q.1d~,...t1[~iS'~..dDG1..3~P.G..Lt. ~c.. his wife....................._..........._._......_............_._
hereinafter called the Mortgagor, which term shall include tie heirs, legal representatives, successors and assigns
of the said Mortgagor wherever the rnntext so requires or admits,
to.._......._......a74?~N..~.._>~~_~.,~~ AAI?~Y~..his.wife.........._._
hereinafter called the Mortgagee. which term shall include the hairs. legal representatives, successors and assigns
of We Bald Mortgages wherever the context so requires or admits.
W1TNE33ETH: That for dlven good and valuable considerations, and also la consideration of the aggre-
gate sum named !n the promissory note of even date herewith hereinafter described, the said Mortgagor does
hereby grant. bargain, sell, alien, remise, release, convey and confirm unto the said Mortgagee, his heirs, successors
and assigns. all the certain piece..._, parcel... or tract.... of land. of which the said Mortgagor V now seized and
possessed and in actual possession, actuate in the County ot...._..St.~I11Cle __...and State •of Florida. described
as follows: '
Unit X907, HUTCHINSON ISLAND CLUB, a Condominium, according to
the Declaration of Condominium thereof recorded in Official
Record Book 254 at page 2128, et seq. ,of the Public Records of
St. Lucie County, Florida, as heretofore an~i hereafter amended.
Mortgagees agree to keep current in all respects that certain first mortgage
in favor of First Federal Savings and Loan Association of Miami dated
November 3, 1978, and filed for record on November 7, 1978, in O.R. Book 297,
Page 1389, of the Public Records of St.Lucie County, Florida. In rite event
of the failure thereof, Mortgagors shall have the right to make such payments
or perform such other requirements and to have the same apglied in their
entirety to the performance of this Mortgage. When all sums due under this
mortgage shall equal the sums due under the said first mortgage presently
against said property to First Federal Savings and Loan Association of Miami,
then Mortgagors may directly assume said mortgage in satisfaction and payment
of this mortgage, and Mortgagors shall hold Mortgagees harmless from any
further payment or expenses arising out of said first mortgage. Mortgagees
agree that they will not allow the balance under the first mortgage above
mentioned to be greater than the balance under this mortgage.
~ _ ,Z SO.O o ill PAY!!=t1T QP TAXfs
~ CI:~ CY CUSS 'C IaTA: ~:3L~ P~~ SL::~•l PaIrERTY,
PUi.SU.V1T TO C6.`3(EZ 71-12~, kC(S ttF if 71, - - J
RUGER PUI7RAS ,
E CLEAR ClRG111T COdRT. ST. LYCiE ~Q?l~ ~ ' • ' ~ .
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s
TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and sp-
purtenances thereunto belonging or in anywise appertaining and the reversion and reversions, remainder sad
remainders, rents, issues and profits thereof and also all the estate, right, title. interest, property, possession.
claim and demand whatsoever as well in law es in equity of the said Mortgagor fn sad to the name and every part
and parcel thereof unto the said Mortgagee. and his heirs, successors and assigns, in fee simple.
~ And said Mortgagor, for hlmxlf, end his heirs, legal representatives, successors and assigns. hereby coven-
ants with said Mortgagee, his heirs, legal representatives, successors and assigns, that said Mortgagor 1s tnde-
~ feasibly seized of acid land in fee simple; that the said Mortgagor has full power and lawful right to convey the
same to tee simple as aforesaid; that it shall be lawful for said Mortgages, his heirs, legal reprearrttativea, suo-
cessora and assigns, at all times peaceably and quietly to enter upon. hold. occupy and enjoy Bald land and every
part thereof; that said land is free from all incumbrances; that said Mortgagor, his heirs, legal representatives,
successoro and assigns, wUl make such further assurances to perfect the fee simple title to sold land in said
Mortgagee, his heirs, legal representatives, successors and assigns, as may reasonably be required; and that said
Mortgagor does hereby fully warrant the title to said !i>nd and every part thereof and will defend the same against
the lawful claims of all persons whomsoever.
PROVIT)ED ALWAYS, That if sold Mortgagor shall pay unto the said Mortgagee the oertdn promlesory
note, of which tT:e following In words and figures fs a true copy, to-wit:
s~x343 Ps~~ ?i5