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HomeMy WebLinkAbout2883~ Return T~- FEUERAL LAND T!1 t E CORP. 2866 E. Oakland ~'ark Btvd. F~ l.auderdale~ Fla. 33306 NORTGAGE DEED ;~~ 2,303 TAis Morteage Indenture executed this 29th day oF December 1980 NICK MENOUNOS herefnetfter called the Xortgagor, to RUTH C. CLIFTON heretnafter called the l~lortqagee, ~ts successors and assig»s. Witnesseth• that for good and va.luable ~onsiderations, and aZso 3n consideration of the aggregate sum named fn the Promissory Note of even date herewith, hereinafter described, the Mortgagor hereby grants, bargains, se11s, remises, conveys and conf3rms unto the yortgagee aI2 the certa~n land of whfch the Mortgagor is now seized and ~n possession situate inSt. LucieCounty, Florida, to wit: Lots 19 through 32, inclusive, Block 38, SAN LUCIE PLAZA, UNIT 1, as per Plat thereof, recorded in Plat Book S at page 57 of the public records of St. Lucie County, Florida. ~p : 3 S,'~O IN PArNENT OF TAXEi CUf CY CLRSt 'C INTAMGi6LE PERSDNAL PRO?ERTY~ FB~Sii:JiT ?0 Ci4lPTE~i 71-t,i4r ACTS OF il71. R'J6EA POIIFAS ~ CL:RK q~LWT COtldT. ST. LU±.IE C0, FLA. ~~ 1 ~ ab~~ by To~ether with a11 structnres and improvements now and hereafter on said 1and, a~nd the rents, issues, and profits of the above described property (provided, however, that the Xortgagor sha11 be entitled to collect and retain the said rents, issues, and profits until defau2t hereunder); and aIZ farniture, furnishings and fixtures now or hereafter attached to or used in connection with the premises herein described and in addition thereto a21 household appliances which are, and sha11 be deemed to be, fixtures and a part of the realty, and are a portion of the security for the ~ndebtedness herein mentioned. The Mort~aEor recognizes and acknowledges that this is a First !lORTGAGE LIEN upon the property described herein. The terms "I~lortgagor" and "i~lortgagee", whenever used ~n this instrument, sha11 include the Iega1 representatives and ~uccessors of the respective parties hereto and the assigns, if any, of the Mortgagee. Wherever used the singular number shall include the plural and the pluraZ the singular and the use of any gender sha11 include a11 genders. Md The Mort~a~or covenants with the 1~lortgagee that the 1~lortgagor is ~ndefeasibly seized of said Iand in fee simple; that the Hortgsgor has good right and Iawful authority to c~onvey said land as aforesaid; that the Mortgagor wi11 make,svch further assurances to perfect the fee simple title to said land in the 1~lortgagee as may reasonably be required; that the Mortgagor hereby fu11y warrants the title to said Iand and wiZ1 defend the same against the lawful claims of a11 persons whomsoever; and that said land is free and clear of a11 encwabrances, except; NONE Nov~ TherefOre+ the c~ondition of this Mortgage is such that iF the !~lortgagor sha11 we11 and truly pay unto the Nortgagee the indebtedness evidenced by that certain Promissory Note of even date herewith, made by the !lortgagor and payable to the Mortgagee, in the prfnc~pal sum of SEVENTEEN THOUSAND EIGHT HUNDRED FIFPY ~ NO/100 DDLI.A'-?S (S 17,850.00 ), together with tnterest as therein stated, and sha11 duly perform and comply with and abide by each and every the stipvlatfons, agreements, condition and covenants contafned and set forth 3n this Nortgage and in the Promissory Note secured hereby, then this Nortgage and the estate hereby created sha11 cease and be nnll and void; otherwise remain in fu11 effect. The f~nal installment on the Promissory Note secured hereby becomes due and payable on the 29th day of December 1983 , unless sooner paid or accelerated accordfng to the terms of said Promissory Note or the terms of this Mortgage. ~ ~ ~. - ~= ~::'~ . ,~~-,.~~~:~ 4 ~ _ - $~~~34~ P~~2~3~2 ~ _~, _ ~~ i.._ _'i.L'T' Y~. .