HomeMy WebLinkAbout0593 re~«"~-~'- 11115 11ID l.i WllClil. Na.ct+aicu uy : ~
~~xES • Ste hen C. Frasier, Attorne
~ ~h PAYhtENT ~ ~565'71 p Y
p~ct!v[o i-~~' •~o'.:~L P~EKIY. SOMMER & FRASIER, P.A.
;~4~S C IVtANG10lE pE~iS ~ lyll. P.O. Box 2210
" i to ~ti~'ER 11-1~~ (CORRECTIVE) Stuart, Florida 33494
puRS~~t CIRPdNt ~TpS ~1~~~~~ ~ MORTGACE
TNIS MORTGAGB DEED, enecuted thie ~~day of , A. D., 19~_, by
RnBERT GQ S nd S I TFY A C~SS~ hi s wi fc~
hereinafter called the Mortgagor, which term as used in every instance shall include the
Mortgagor's heirs, executors~ administrators, successors, legal representatives and
assigna 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 t~atural
and/or artificial persons, whenever and wherever the context so requires or admits. party.~
of the first part, to SOUTHERN MORTGAGE ASSQCIATE~,a corporation organized a~ exist-
ing under the lavs of the State of Arkansas~ereinaf ter called SMA, which term as used
in every instance shall include SMA 's successors, legal representatives and assigns, party
of the second part.
WITNESSETN: That for divers good and valuable consideration , and also in consid-
~ration 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 ahich
che Mortgagor is now seized and possessed and in actual possession, situate in the
County of T,»r•i o ~ State of Fl ori da, Lo Ni t:
Lot 10 of Block 1 of Franklin Park as per plat thereof on
file in Plat Book 6, at Page 32, of the Public Records of ~
St. Lucie County, Florida. ~
s
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 pr ~nises, all of which are included within the foregoing description and
the habendum fiereof; also all gas, stear~, electric, water and other heating, cooking,
refrigerating, lighting, plumbing, ventilating, irrigating, and power systans, machines, :
appliances, fixtures and appurtenances, including air-conditioaing, 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 co~nercial purposes, then the furniture and furnishings and any replacements thereof
which may.be owned by the Hortgagor and which are now or may hereafter be located upon
the abqve described property.
i TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and
j appurtenances, unto SMA in fee simple.
~ AND the Mortgagor does hereby covenant with SMA that~lortgagor is indefeasibly
j 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
F ti~es 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 warrant 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 Mortgagor shall
~ Well and truly pay unto SMA the indebtedness evideneed by that certain promissory note
of even date herewith~ made by the Mortgagor and payable to the order of SMA, in the
principal sum ofNINETEEN THOUSAND FIVE HUNDRED FIFTY AND 00/100~LLARs
19 , 550 . 0(~ . together vf th interest (while not in default) at the rate of g~ 25 X,
repayable in equal monthly installments of $ 14 6.8,8 including interest, the f irst of ;
~ such payments being payable on the: first day Of June, 1973.
~ and shall perform, comply with and abide by each and every the stipulations, agre~nents,
~ 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 shail cease and
.
be null and void. '
Y
AND the Mortgagor does hereby covenant and agree:
1. To perform, comply With 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.sums of noney payable
by virtue of said promissory note and this mortgage, or either, prompt~y on the
~ days respectively the sane severally come due. -
~
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NOTE: S7ATE DOCI~iENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELLED.
******THIS INSTRUMENT FILED TO CORRECT THAT MORTGAGE RECORDED AT
O.R. BOOK 213 PAGE 2658, PUBLIC RECORDS, ST. LUCIE CO., FLA.*******
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