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ST-19,065
Walter 8. Davis
THiS IN~RtIME!7T PRFPkREC)
ABSTiZP''T & TIT~ E CORP OF FLA.
2J'S 5. ~ti~ y~ FCRf PiERi:E. FlOR~OA 2361'7'~
I~lORTGAGE
'1~IS NORTGAGB DEED, executed this ~_day of _Auguat , A. D.. 19~_. by ;
Ai FAN4A (bLIN4 end LBS ANNA mLLINS ~ Hi~ T~i f~
hereinafter called the t~lortgegor, wh3ch term 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 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 cont so requires or admits, party
of the first part, to SOUTHERN MORTGAGE ASSOCIATE~I~~~orporation organized and exist-
ing under the laws of the State ofArkansa~ereinafter called SMA. vhich term as used
in every instance shall include SMA •s successors, legal representatives and assigns, party
of the second part.
WITNESSE1ti: 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 confina unto SMA, in fee simple, the following described property, of which
[he Mortgagor is now seized and possessed and in actual possession, situate in the-
County of sc. Lucie , State of Florida, to w1t:
Lots 9 and 10, Block 7, SUNLAND GARDffidS, according to the Plat thereof as
recorded in Plat Book 8, page 32 of the Publ ic Records of St. Lucie Couaty,
Florida.
TOGETHER vith 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 ~rhich are included within the foregoing description and
the habendum hereof; also all gas,. stear~, electric, water and other heating, cooking,
refrfgerating, lighting, plumbing, ventilating, irrigating, and po~er systems, machines,
appliances, fixtures and appurtenances, including air-conditioning, ducts, machinery and
equipment, which are nov or may hereafter pertain to or be used with, in or on said =
preinises~ 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~maercial purposes, then the furniture and furnishings and any replace~nents thereof
which may be ovned by the Mortgagor and which are now or may hereafter be located upon
the above described property.
TO HAVE AND TO HOLD the same, together with the tenenents, hereditaments and
i appurtenances, unto SMA in fee simple.
~ AND the Mortgagor does hereby covenant with SMA that~lortgagor 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
~ [imes 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 title to said property in SMA as may reasonably be required;
and that they do hereby fully varrant the title to said land and will defend the same
against the lawful claims of all persons whomsoever.
NOW,THEREFORE, the condition of this mortgage is such that if the Iiortgagor shall
well and truly pay unto SMA the indebtedness evidenced by that certain promissory note
of even date herewith, made by [he Mortgagor and payable to the order of SMA , in the
princiPal sum of 1~iffi~fY-0NB THOUSAND TH~EB HUNDBED AND NO/100 ~LIARS
(S 21,300.00 together with interest (vhile not in default) at the rate of x,
repayable in equal monthly installments of $ 160.18. including interest, the first of
~ such payments being payable on Septevber 1, 1972 ,
and shall perform, comply with and abide by each and every the stipulations, agree~nents, ;
conditions, and covenants contained a~ set forth in [his 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 perform, comply with and abide by each and every the stipulations, agree~ents, ~
~
conditions, and covenants in this deed set forth, and in the above referred to
~ promt.ssory note.
2. To paq all and singular the prlncipal and interest and other~eu~s of ~oney payable
by virtue of said pro~issory note anfl this mortgage, or either, prompt~y an the
days respectively the saae severally come due. '
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NOTE: STATE DOCUMENTAR1f STAMPS AFFIXED TO ORI6INAL NO7E AND CANCELLED.
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