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THIS NORTGAGE DB~D, exe~cu~d Chis 29th. day of Auqust , A. D., 19 72 , by
John S. Johnson and Janet Johnson, his wife and Katherine F. Johnson, a sinqle adult
hereinafter called the Mortgagor, wh~ch 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 law, and
shall denote the single and/or plural, and the masculine and/or feminine, and natural
and/or artificial persons, whenever and wherever the c~xt so requires or admits, party
of the f izst part, to SOUTHERN MORTGAGE ASSOCIATE~ ,a' corporation organized and exist-
ing under the laws of the State of Arkansas~ereinaf ter called SMA, which term as used
in every instance shall inc2ude SMA 's successors, legal representatives and assigns, party .
of the second part.
WITNESSETH: That for divers good and valuable consideration ; and also in corsid- `
eration of the'aggrega[e 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 property, of which
[he Mortgagor is now seized and possessed and in actual possession, situate in the
County of st , z.c~cie , State of Fi or1 da, to wi t:
Lot 4, B1ock I, NARt~lOiNY ~IGHTS, according to the plat recorded
thereof in Plat Hook 8, paqe 24 of the Public Records of St.
Lucie County, Florida - ;
TOGETHER vith all structures and improvements naw and hereafter on said land and the
fixtures attached thereto, and a21 rents, issues, proceeds and profits accruing and to
accrue from said premises, all of which are included vithin the foregoing descrfption and
the habendum hereof; also all gas,. steaM, electric, water and other heating, cooking,
refrigerating, lighting, plumbing, ventilating, irrigating, and power systens, machines,
appliances, fixtures and appurtenances, including air-conditioning, ducts, machinery and
equipment, which are now or may hereafter pertain to or be used with, 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 now or sha21 hereafter be used
for co~?ercial purposes, then the furniture arx! furnishings and any replac~nents thereof
which may be owned by the Mortgagor and vhich are noW or may hereafter be loeated upon
the above described property.
TO HAVE AND TO HOLb the same, together with the tene~ents, hereditaments and
appurtenances, unto SMA in fee simple.
AND the Mortgagor does hereby covenant with SMA thatnlortgagor is indefeasibly
seized of said land in fee simple; that mortgagor has full power and lavful right to
convey said land in fee simple as aforesaid; that it shall be lawful for SMA at all ;
*.;me~ ~+eareahlv and quietly to enter upon, hoid, occupy anci enjoy said Zand; that said
proper[y is free from a12 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 warrant the title to said land and will defend the same '
against the lawful claims of all persons whomsoever.
j NOW,THEREFORE. the candition of this mortgage is such that if the Mortgagor shall
v~ll 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 TEN THOUSAND NINS HUNDRED AND NO/100------------------ DOLIARS ~
~ (S 10,900.00 tagether with interest (while not in default) at the rate of 8~C X,
; repayable in equal monthly installments of $ 8]..97 , inclading interest, the first of
~ such payments being payable on October 1, 1972
~ and shall perform, comply with and abide 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: 3
,
1. To perform, comply vith and abide by each and every the stipulations, agreements,
coaditions, 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.suss of ~oney payable ~
by virtue of said promissory note and thfs mortgagr, or either, promptly on the ~
days respectively the sane severally co~ose due.
F
! NOTE: STATE DOCUMENTARY STAi~S AFFIXED TO ORIGINAL NOTE AND CAtiCELLEO.
~ tHU TivsrreuMerrr PREPAR[D err walter E. _ Davis -
f ABSTRACT & 71TLE CORP. OF FLA y~/] C QI~
205 5. 2ND 9T fn'* P~E"~~F. FLOR~~DA ~Q~f1No~ P~CC ~V~ ~ •
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