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T~11~ INRRUMiNT PREPAPED BY: ' . _ - i 1 " - ~ ~ V~~ ~ Mw~ ~ ~
AgSTR/~CT & TITI.~ CORP. OF FIA. y
=os s. sNO ar. roRr w~ecc. ~LORIOA • ~ ~ ~ ~~ro~ ~ ~Y.
p1~WIT TO pIM1ER 71•T31. IIRTS Of 1l1/1. ~
N~RTGAGB ~ ~ ~
a~ac ca~a~rt ooum. sr. wc~ o~. ~x
THIS !lORTGAGB DEED, executed this day of ~~'-1 , A. D. . 19=, by
- 1• -~i:~~!Z L,r, Jr.. a:ic; 3~~;:::1 Fr..i:c~~~ O_r, 'si;~ r~? _e
hereinafter called the Mortgagor, wh3ch teru as used in every instance shall include the
Mortgagor's heirs, executors, administrators, successors, legal representatives and
assigns either voluntary by act of the parties, or involuntary by operation of law, and
shall denote the single and/or plural, and the masculine and/or feminine, and natural
and/or artificial persons, whenever and vl?erever the cor~text so requires or admits, party
of the f irst part, to SOUTHERN MORTGAGE ASSOCIATE~ a corporation organized and exist-
ing under the laws of the State of Arkansa~ereinaf ter called SMA, vhich tenn as used
in every instance shall include SMA 's successors, legal representatives and asslgns, party
of the second part.
WITNESSETH: That for divers good and valuable consideration , and also in consid-
eration of the aggregate sum of money named in the promissory note of even date herewith,
hereinafter described~ the Mortgagor does grant, bargain, sell, alien, remise, release,
convey and confirm unto SMA, in fee simple, the following described praperty, of ahich
ehe Mortgagor is now seized and possessed and in actual possession, situate in the
County of T~~~=~ , State of Florida, to wit:
T ~ _ , ~ .i_~~~~.~ :c._~" ::C'.',.^,-~ :C3 ~O t ?'CCO'_Ci` _
..2_ "?~i _ i: ~i'.~ ~J~:. li. ~ L~:.~jt= _ T_~i:.`~I.:.C _.CC J:= aL. _L:C_.-.
l.J:.Wi..j'~ il:~.. -1.~~. .
TOGETHER aith all structures and improvements now and hereafter on said land and the
fixtures attached thereto, and all rents, issues, proceeds and prafits accruing and to
accrue from said premises, all of vhich are included within the foregoing description and
the haben~dum hereof; also all gas,. stear~, electric, vater and other heating, cooking,
refrigerating, lighting, plumbing, ventilating, irrigating, and power systass, machines,
appliances, fixtures and appurtenances, including air-conditioning, ducts, machinery and
equipment, vhich ar.e nov or may heteafter pertain to or be used With, in or on said
pre~ises, even though they be detached or detachable, and together with the abstract of
title thereto, and, if the above described property is nov or shall hereafter be used
for coimaercial purposes, then the furniture and furnishings and any teplacenents thereof
which may be o~rned by the Hortgagor and which are now or may hereafter be located upon
[he above described property. -
~ TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and
! appurtenances, unto SMA in fee simple.
~ AND the Mortgagor does hereby covenant with SMA that~lortgagor is it~defeasibly
~ seized of said:,~and in fee simple; that mortgagor has full power and lawful right to
~ convey said land in fee simple as aforesaid; that it shall be lawful for SMA at all
~ times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said
~ property is free from all encumbrances; that mortgagor will make such further assurances
to perf ect the fee simple title to said property in SMA as may reasonably be required;
and that they do hereby fully srarrant the title to said land and will defend the same
~ against the lawful claims of all persons vhomsoever.
NOW,THEREFORE. the condition of this mortgage is such that if the Nortgagor shall
Well and truly pay unto SMA the indebtedness evidenced by that certain promissorq note
of even date herewith, made by the Mortgagor and payable to the order of SMA , in the
principal swn of _-Ta: ;m ~:;•;,t-3.._:~ :;O/' 0~-------------------------___...~OLIARS
, C ~;.:.OC: together with interest (while not in default) at the rate of X,
repayable in equal monthly installments of $?"2.=~, including interest, the first of
such payments being payable on ~e_~;:~:i:e_ I, , 2
and shall perfotm, crnnply with and abide by each and every the stipulationa, agreements,
~ conditions, and covenants contained and set forth in this mortgage and in the promissory
nate secured hereby, then this mortgage and the estate hereby created shall cease and
nf be null and void.
~ AND the Mortgagor does hereby covenant and agree:
~ 1. To perform, comply vith and abide by each and every the stipulations, agreements,
~ conditions, and covenants in this deed set forth, and in ttie above referred to
~ prom~ssory note.
2. To paq all and singular the principal and interest and other~~uas of ~oneq payable
by virtue of said proa~issory note and this mortgage, or either, prrnapt~y on the
daye respectively the eane severally cose due.
NOTE: STATE OOt~IENTARY STAt~S AFfIXED TO ORI6INAL NOTE AMD CJWCELLED.
go~zo4 P~1549
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