HomeMy WebLinkAbout1517 . ~ ( '
~ Wd1tAr _ n ~ _ " '
14110 IN~TRUMENT PP.F<~.~trFf~ IlV• _ dV1S
AE3STitACT Jt 1 ~TI C-~ft~' UF Fl_A
Y06 5. 1ND 9T. F URi P:EHGE. FLORIOA I','~0~~
~V
IlORTGAGE
TNIS lpRTGAGB DEED, executed this day of , A. D. , 19 by
- t - -
- - - ' ,
hereinafter called the Mortgagor, wh~ch term as~used in every instance shall include the
Mortgagor's heirs, executors, administrators, successors, legal representatives aad
assYgns either voluntary by act of the pariies, or involuntary by operation of lav, and
shall denote the single and/or plural~ and the masculine and/or feminine, and natural
and/or artificial persons, whenever and wherever the cati~,e.xt so requires or admits, party
of the first part, to SOUTHERN MORTGAGE ASSOCIATE~,a~corporation organized and exist- -
ng under the laws of the State of Arkansa~ereinaf ter called SMA, which term as used
h ir very instance shall include SMA •s successors, legal representatives and assigns, party
of tfile second part.
' WITNESSE'1H; ?hat for divers good and valuable consideration , and also in consid-
eration of t6e aggregate sum of money named in the promissory note of even date herevith,
hereinaf[er described, the Mortgagor does grant, bargain,~sell, alien, remise, release,
convey and confirm unto SMA, in fee simple, the follo~ing described property, of whi~h
che Mortgagor is now seized and possessed and in actual possession, situate in the
CounLy of - - - , State of F] ori da, to w1 t:
ST• JAMES PARK
i. . . , - . " . . . T ~ _
_ ' . ~ _J._ V _ , ' ~ ' _ ~
~I
_ " . _ « _ ' " _ _ . . . ~ . . _ ' . _ _ ~ ' ' _ " . . " ` _ • ~ ^ J _ _ _ . _ ` ~ , _ ' _
~ ~ " . ~ . _ . . . . ~ • . . ~ v - . . ~ . j ~ , ` " - ' .
TOGETHER with all structures and improvements now and hereafter on said land and the
fixtures attached thereto, and all rents, issues, proceeds and profits accruing and to
accrue from said premises, all of Which are included within the foregoing description atd
the habendum hereof; aiso a12 gas,. stear~, electric, water and other heating, cookiag,
refrfgerating, lighting, plumbing, ventilating, irrigating, and pover systans, machines,
appliances, fixtures and appurtenances, including air-conditioning, ducts, machinery and
equipment, which are now or may hereafter pertain to or be used vith, in or on said
premises. 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 co~mnercial purposes, then the furniture and furnishings and any replacelnents thereof
which may be owned by the Hortgagor and which are now or may hereafter be Zocated upon
the 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~ ortgagor is indefeasibly
seized of said land 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 perfect the fee simple tit2e to said property in glyp as may reasonably be required;
and that they do hereby fully varrant the title to said land and will defend the same
against the lavful claims of all persons whomsoever.
NOW,THEREFORE, the condition of this mortgage is such that if the Mortgagor shall
well and truly pay unto SMA the indebtedness evidenced by that certain promissory note
of even date herewith, made by the Mortgagor and payable to the order of SMA , in the
principal sum of :_:t_..~- ~ DOLLARS
-
( S . together with interest (while not in default) at the rate of _
repayable in equal monthly installments of including interest, [he first'of
such payments being payable on -
and shall perform, comply vith and abfde by each and every the stipulations, agreements,
conditions, and covenants contained and set forth in this mortgage and in the promissory
note secured hereby, then this mortgage and the estate hereby created shall cease and
be null and void. ~ '
AND the Mortgagor does hereby covenant and agree:
1. To perfotm, comply ~,?ith and abide by each and every the stipulations, agreements,
conditions, and covenants in this deed set forth, and in the above referred to >
prom~ssory note.
2. To pay all and singular the principal and interest and other.auss of noney payable
by virtue of said proe~issory note and this mortgage, or either, promp[17r on the
days respectively the saae severally come due.
NOTE: STATE DOCIA~IENTARY STAMPS 11fFIXED TO ORI6INA1, NOTE AND GWCEILEp.
t
~ ~
~ - tN n?rMtxt o~ t~s
p 'qE OM CtA3S tNTA1~1~tE IERSOVft rNOPEJtIY
yp~ M~'qNNt ?0 ~RR 71
•~~ACtS Of lllll. ~ ~
BOOM1 ~ ~fl{~~~~~ 1 ,
ClQ1I d~WT QOIiR1, ~t. U~C~E cxt , FtA
~ r _ - - ~ ~
-