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?his Instrument Prepared by: 2`~S~
5tephen C. Frasier, Attorney ~~~~g~,~~~t]~ci~tis,6t`~p~iR'1c
P. 0. Box 2210 ~~~X~;~
~ 10 Oenver Avenu~
Stuart, Florida 33494 ~~~~X~~
MORTGAGE
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TIiIS ~inii~'I'(TA(~F i~ ~i?2~d~ ~thi, 9 dn~• ot July , 1!~ 73 , `
t?c~t~~•~~~~~? th~~ ~[ort~:~~or, DELMAS W. HELTON and PATRICIA A. HELTON, his wi£e
(licrein "Rorro~~•~~r"),
:~n~l th~~ ~fort~n~e~, Southern Mortgage Associates, Inc. ,~i ~•ur~n~r~~tion
urrau?izeci ancl e~istin~ under tlie la~~ ~ of ~°~'kansas ,~~•ho,~+ u~lilr~~~•
1999 S.~N• 27th Avenue~ Miami~ Florida 33145 (herein "l.~•i?~l~~r"~.
~~~IIF.ItF.~S~ Rorro~~•~~r is iucl~ht~~d to I.c~n~l~~r in tl~~~ ~n•inci~r.~l su~n of Fifteen Thousand One
Hundred and'00/100 --Doll~u•s, ~~~l~icli iud~~l?t~~dn~~•~ is c~~~id~u~~~~d b~- Rorro~~•~~r'. uc~t~~ ~?f ~~v~>>i
~lnte h~r~~~•itli (herciu '•\ot~~"). ~~ri?~•idiu~ for u~~~~itl~l~• i~i.tall~u~~uf• of ~~rinri~?til :~u~l int~~r~~~t. ~~•itli
the l~z~lunce uf the in~lehted~u~.., if ~~ot ,~?oner ~r~id. ~lu~~ :uul ~?:~~-uhlr on 2003 ,
To SFCt•taF to I.endri• (al th~~ r~~~?:~~•m~~nt uf tL~~ iu~l~~l~tc•~hi~~~• ~~~•i~l~~n~•~~d i?~- tL~• \~~t~•, ~~•i11i i~?t~~r~~•t
th~~reo~i, tli~ pa~-ment. ot uil ~~tl~e?• s~nn~, ~~•itli int~~re,t th~~r~on, .~~h•:uu•~~~1 in .ii~ru~•~l.nir~~ t~~~r~~~~-itli t~~
i?i•otc~et tlu~ seearit~• of this ~fort,ei~e. :uul th~~ ~u~rf~?rni.m~•~~ of th~~ e~~n~•c~iuu~ic :uul .~~r~~~~~u~~nt• ~?i'
Borco~~~r her~~in cont:~iue<l. :?n~l (1~) th~~ r~•pu~•ni~~~~t ~?1' t'ut~n•~~ :uh•~i~u•~•:, ~~•itli iutrr~~~t tlu~r~~rni.
uia~l~~ tu Borro~~•~~r b~- I.rn~ler pur~u.uit to ~r.ir~~~,ral,l~ `31 li~~r~~of lh~~re~in ~`N'utur~• :1~1~•:nu•~••").
Rorro~~cr doe~ hereb~• ~nort!;.ttie, ~r:u~t :uul ~•~~m•~•~• tu L~~ndrr tl~r follc?~~•eu~ ~1~~~~•ril?~~~1 I?r~~~x~rt~-
locate~l in tl~e l'aunt~• of St. LuCie ,~taitc ot' N'Icn•i~l.~:
Lot 5 and the Southwesterly one-half of Lot 4, Block l, ANGLEVILLA,
according to the plat thereof on file in Plat Book 9, Page 15, of the
public records of St. Lucie County, Florida; the said Southwesterly
one-half of Lot 4, Block l, being described as follows:
Beginning at the southernmost corner of Lot 5, Block 1, at the inter-
sections of Behrens Road and Palm Drive, run thence Northeasterly .
along the Southeasterly boundary of Lot 5, 50 feet to the point of
beginning; thence run Northwesterly along the line dividing Lots 4
and 5 of said Block l, a distance of 120 feet; thence turn and run
Northeasterly along the Northwesterly boundary of said Lot 4, a
distance of 25 feet; thence turn and run Southeasterly parallel to the
line dividing said Lots 4 and 5, a distance of 120 feet to the South-
easterly boundary of said Lot 4; thence turn and run Southwesterly
along the Southeasterly boundary of said Lot 4, 25_feet to the point
of beginning.
' 3~ } 0 UI PAYMEItT OF TA)I}~
W STATE oF ~ LC3 R i D A~ ouE oN aus ~ iKra~i~ rE.~soH.u PporEe~r,
° DOCUMENTARY --~STL?M P 1 r. x{
~X
~ c°'" CO DEPt. OF REYENUE .~'S- •`•s.;~' ` w~T ~~TER 71-134, ACIS OF 19/l.
i n ~ ~ P.B ~ JYLIO•rs ~ 2 2. 6 5 t awa,~ ~~E oo,
~ m o = :1i~2 ~ ~ f
!
~ This is a purchase money first mortgage executed for the eapress purpose
~ of securing a portion of the purchase price of the property encurnbered hereby.
~
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p ~E .
~ T~N:t:TEIF.I: «•itli ~11 tlie impro~~~~nte~?t~ no~~- or }u•re.ift~r ~~r~~cted ~?n the ~n•opee•t~-, :u~d .~ll e~i~enu~nt~.
~ ri~ht~, appurtenances, rents, r~ti-.ilti~~~, minc~i•:il. ~~il sin~l ~,sic right~ :tud ~,i•~fit~, ~~at~r. ~~-ater ri~,ht~.
~ .~nd ~c.~t~r ~t~c•k, and all fi~tin•es no~~• or i?ereafter :~tt:~ch~~~l to tlu~ Z~ropert~-, .~Il ~f ~rhiel~. i~ichuliu~~
replac•c~uu~nt~ :~ncl :~cl~lition~ ther~tu, ~Lall b~• ~lc•~mr~l t~~ hc~ an~l rem.~iii ~~~rt of th~ pro~?c~rt~• c~~n-er~~l
h}' thi~ ~to~•t~.~s;e: :ind aI! of the t'm•~~noin;r, t~?~,~th~•r ~~•ith ~:~icl ~?ropert~- (~~r the l~asc~hol~l ~~~t.~te
~ in tl~e t~~•~~nt thi~ \iort~a;~~ i. ~?u :i Ic~~~~h~~ld) .~r~ h~rein rc•f~~rr~~l t~? thr "1'ro~~ert~•..
~ R~rrower coreuants that R~~rron-~r is i.?~?•fnll~• ~ei~~~i ~~f thc~ e~tatc~ lirr~h}- c•c?n~-~~~•c~cl :~n~l h:i~ the•
~ ri~l~t t~ u~ort~a~;~. ~r.~nt .in~l r~m~-c~~- th~ Pi•~pert~-. th;~t th~~ Pro~f~rt~- i~ uneneuinherecl. anii th~t
~ Rorro~~-cr~rill ~~•arr~ut Rn~l d~f~n~l ~,~~m~rall}• thc• titl~ t~ th~• Pr~p~rt~- a~:~inst .?11 ~laiu~s :?ud dc~m.nxl~.
' suhjc~c•t t~?.ii~r ~~a~e~n~~it~ :~ncl r~~~trictionc li~tc~~l in ~~•lu~clnl~~ ~?f c~xc•c~~?ti~?n~ t~? co~•~~~•.~,?~~ iu :~n~- titl~~
F insin•:~nce ~~olic~• insin•in~ i,en~l~~r'~ interesf in th~~ I'ro~?ert~-.
~ L'•rtFO~;at Covt xa.rT~. Rorro~rc~r a~id T,endcl• coven.mf antl agrec• ~is follows :
~ 1. Payment of Principal and Interest. T3orro~~er ~hall ~~romPtl~ p~< «hen ~lue the principal of and interest.
~ on the indebtedness evidenced b~ the Note, prepa~•ment and latc ~har~c~ as provide~l in thc Note, and the princi-
~ pal of and interest on ssny Future Advances ~ecureci b~ thi~ ~lortgage_
~ 2. Funds ior Taxes and Insur~ce. Subject to I,en~ler'~ o{~tion ~inder paragraph~ 4 and a hereof, Borrower
~ shall a to I.ender on the day monthl}• instalhnent~ of ?rinci ~~I an~t interest arc i~?v:~~~lc undcr the Note, until
P Y ~ I`-
the Note is ~iaid in full, a swn (herein "Fund~"1 e~~ual to onc-ta•elfth of thc yearh• taxes and ac~essments ~vhich
~ may attain priority o~er this ~tortgagc, an~{ ~rowui rent~ on thc Propertv, if any, plus one-t~veltth of yearly pre-
~ mium installments for hazard insurance, ~~lus one-tn~elftl~ of ~•carl}• ~~remium installments for mortRage insurance.
if any, all as reasonabl~ estimate~l initialh• :~n~l from time to time h~ I.ender on the b~sis of ucsessments and bills
~ and reasonable estim<<tes thereof. The Fun~i~ ~h:ill hc~ h~l~l in an in~titution tLe ~le~?o~~ ~ or . ccountc wh'ch are
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FLOAIDA-~~.~tc-~:rn-~ ~o a Fo~r
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~ ° R 216 F~~E 524
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