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~ pE ON CIASS 'C INTMIGIlIE ~R~~ ~Rn• ~ ~y° ' 252216
. PUR511ANT TO t~Ulr'iER 71•131. ~C1S Oi U)1. 07/~.,~ .
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~T~ lUC1E 00. ~ ~ I~pRTGAGB
1~IS t~pR?GAGB DEED, executed thie lOth day ~of Apri 1 ~ A. D. , 19 ~ 3, by
JO~iNNIE M. HARRIS AND KATF G. HARRIS, his wife
hereinafter called the lbrtgagor, which ters as used in every instance shall include the
Mortgagor's heirs, executors, administrators, successors, legal repreaentatives and
assigns either voluntary by act of the parties, or involuntary by operation of law, and
shall denote the aingle and/or plural, and the masculine and/or fe~sinine, and natural
and/or artificial persons, whenever and wherever the context so requires or admits, party
of the first part, to SOUTHERN MORTGAGE ASSOCIATES,a corporation organized and exist-
ing under the lavs of the State ofArkansas~ereinafter called SMA, which term as used t
in every instance shall include SMA 's successors, legal representatives and assigns, party
of ttie second part. j
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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 property, of ~,rhich ~
the Mortgagor is now seized and possessed and in actual possession, situate in the
County of st . Lccie , State of Fl ori da, to wi t: _
Lot ~4, of CH~,SE'S Gubdivisi.on, as per plat thereof on . ~
file in Plat Book 4, at page 78, of the public records `
of St. Lucie County, Florida.
TOGETNER with all structures and improvements now and hereafter on said land and the
flxtures 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 and
the habendwn hereof; also all gas, stear~, electric, water and other heating, cooking,
refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, 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 ;
pre~ises. even though they be detached or detachable, and together with the abstract of
title thereto, and, if the above described property is now or shall hereafter be used ~
for cormnercial purposes, then the furniture and furnishings and any replacements thereof -
which may be oWned 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 ~rith the tenements, hereditaments and #
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appurtenances, unto SMA in fee simple.
~ AND the Mortgagor does hereby covenant with SMA thatnl.ortgagor is it~defeasibly
~ seized of said land in fee simple; that mortgagor has full power and lawful rfght to ~
i 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 ~
propertq is free from all encumbrances; that mortgagor vill 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 ~rill defend the same
against the lawful 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 ~
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principal sum of VINETEEN TII0USAI~C NINE kUNDREG FIFTY AND no/lO~LLARS
(S i9,950.00 together vith interest (while not in default) at ihe rate of 8.5 X,
repayable in equal monthly installments of $ 15 3.4 l~ including interest, the first of
such payments being payable on May 1, i9 7 3 ~
and shall perform, comply with and abide bq each and every the stipulations, agreenents, :
conditions, and covenants contained and set forth in this mortgage and in the pramissory ~
" note secured herebq, then this mortgage and the estate herebq created shall cease and f
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,
cot~ditions, and covenants in this deed set forth, and in the above referred to `
prom~ssory note.
2. ~ To paq all and singular~the principal and interest and other.~ueis of Qonep payable
by virtue of said promissory note and this mortgage,.or either, prampt}.y on the
daqs respectively the sane severall~ cose due.
NOTE: STATE DOGMENTARY STAIrPS AffIXED TO ORI6INAL NOTE ANO CANCELLED.
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