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This instrument Prepated by: 2~9~9
Stephen C. F~asier, Attomey ,~~a~o~cx~ca~~mca0~ot~~tktt~t
P. 0. 8ox 2210
~ 10 Denver Avenue ~3~?Ai~t~c~~ixOt~t
Stuart, Flaida 33494 ~'~X~~~~n~
MORTC',?AGE ~'~"~~~~X~~`~`
'PI-IIS \IOR~T(TAGF i~ nuule this ~
1-~ dn~ of Ju ly , 1~l 7 3,
b~~t~~•~~~~n thc~ ~tort~agor, RQBERT A. PARNELL ~u1d MARY L. PARNELL, his wife
Southern Mort a e Associates Inc. (Lerein "Borro~~•~~r"),
:~~?~l th~ ~tort~a~ee, 6 g ~ , a corpori~tion
ur~;~u~ized and e~istin~ imder tlie l:i~~s ot ~'kansas ,~~~hus~~ a~l~lr~~~~
i; 1999 S.W. 27th Avenue, Mtami, Florida 3311+5 ~i~~,.~,;,, <<~,~,,,~j~,,••~~,
~~TIIF.Rt:4s, Rorro~rer i~ indebte~d t~? Lencl~r in tht~ principi~l .utu of Eleven Thousand Four
Hundred and OQ/100---Dollars, ~~•l~irli ind~btechu~~s is c~~•id~~ne~~d h~- Rorra~~~r's not~~ of ~~reu
~late l~eir.~~itl~ (herei~i~"~'ote"), ~n•o~•idin~ t'o~• ~uo~?thl~• i~~.taitin~~~nt~ of princi~?t~i tm~l iut~~r~•.t. ~c•itli
th~ halance of tlie indebteclu~•s,, if uot sooner ~~uid, ~Iuc~ :~nd ~?a}•ubl~ ou July 1, 2003 ,
To SFCC-~c~: to I.euder (n) thr r~~ptit•m~nt of tli~~ iu~lc•i?te~in~~~. ~~~-i~i~~u~•<<d 1?~- tlu• \~?t~•, ~retli iut~~r~•~1
t`il'l'POII~ tli~ pn~~ment. ot ll~~ [)t~ll,`T ti11T11~, \~'If~l 111tP1'Ptil 1~1(`Pf'OII~ il(~l"ilI1CP(1 111 2IC'('O1'(~illi(•P ~t(•i'P1\'1t~1
ln•ot~~et th~~ ~~~curit~ of tl~is ~iort~~re, ,inil tix~ p~~rfornuuu•~• of thc• con~-H~iii~Ttc :~ncl ~t~r~~~~~ue~nt• ot'
~Ol'l'O~~'Pl' ~lCl'C'lll CO11ti1111P(~. iUl(1 ~~1~ t~ll' 1'l'lltit'111C11t Ot~ :Itl~' t~Utt1PP it(~~'litl(•P~, N'It~i lll~l'1'l`~l t~!(`!'PClll,
111K(~C tU ~Ol'CO\\'Cl' h\' I~CIl(~Cl' ])lil'SlliUlt ~O j)ill'iiS~l'itj)~1 ~.~.1 ~il`1'l'Ot ~~IP1'Plll '~~'~iltlll'P :tl~~'i111PP~~~~.
Borro~~er doe~ hereb~- ~norts;ure, ~r.int si»el runre>>• tv l.~~ucl~~r th~~ follo~~•iur dc~~~•ril?~~,1 ~n•o~n~rt~-
luc.ited iu tlie Count~• of St. Lucie , St.~ti~ oi' 1~'ic?ri~ii?:
Lot 12 of Block 31 of SUNLAND GARDENS, as per plat thereof on
file in Plat Book 8, at Page 32 of the Public Records of St.
Lucie County, Florida. `
~ S~'ATE ~F FLORt+QA ~ i
DOC__MENTARY,~` .:,~SjAM?
?t~?' ~
CO DEPT.OF REYENUf
~ . ~ .
_ - ; ~ ~ 7 t 0 1 , .
•.'c ~ _ - ..,1 i6'73 _ .
" `,PB'2 ~~.:.f~ 1
o ~
, r~ F t~~
Z IN PAY11E"~ ~ ~~11.
~ INtA1161B1E ~ -1911. ~
pl1E ~ ~ 71-13~. ~ ~!t `
~~t ~ ~ ~ .~j,UC1E rA+
t~ERtI dRa11~ ODirRT. ~ ~
~
This is a purchase money first mortgage executed for the express purpose
of securing a portion of the_ purchase price of the property encumbered hereby.
.
.
4 T~H.r;TtiFr ~sith aU tl~e impro~•e~i~ent~ no~r or l~ere.ifter ~•rected on the prope~•1~-, :iuci ali e~isrment~,
; rigl~ts, appin~tenance~, rent~, ro}•.ilties, u~ineral. oil ancl ~.~s ri~htc ,~ud l~rotit~, ~~'atrr. ~~•ater ri;ht~.
~
~ .u~~l ~sater stock, .znd all fixtures no~r or hereafter .ittached to the propert~-, all ~f ~~•liich, iueludi»~
~ repl;~c•c~ni~nt~ and ~ddition~ tl~erMo, ~itall hc• deeme~l to hc~ :~n~l remain plrt of the pro~~~rt}- co~er~cl
€ 1?~ tl~i~ ~1ort~a~e: a~id ~tll ot the fm•~~~oin„ to,~ethc~r ~~•ith ~.iid ~?i•oprrt~ (or the lea~ehol~l ~~~t~te .
111 t~1C Q~'Pllt t~llti ~IQl'tril~P IS O11 il ~Piltip~l0~(~~ FlT(' ~IPI'Plll 1'Pf('1'PP(~ t(1 Ilti t~l(` t~Pl'01)PI't~"".
' Borro~er eoven~nts th.it. .Rorro~c~r i~ la~~~tulh- ~ei.c~cl ~~f th~~ e~tate• he~reb~- c•otire~~~cl an~l Ir~~ th~~
~ . . ,
i ri~Yl~t to ~i~ortd~i~~~. ;rr:u~t :~tu) c•m?~•~~• thc~ Prop~rt~-. Ih.~t th~ Propert~- ic tmenc:untberecl, .in~l tiuit
~ .
~ Rorro«•er ill «.irr~nt zn~l def~n~l s;c~n~~r~ll~• th~ titl~ to the Pro~irrt}- .~s?ainst ,~It ~I~in~~ :uul ~lem~nd~.
`uhjc~~t to an~• casei»entc ~nd r~sh•ictionx listecl in a•c•hc~~lulc~ ~?f esc~i?fi~~n~ tu co~•~r.~~~~ in :~n~• titli•
instu•a~ice polic~- insurin~ i.encler'. intere~t in thc~ I'ropert~•.
L'rrifior~rr Cor•r;xarTS. Borro~vc~r and L~~nder c~~~en~uit ~mcl agrec~ .is followc:
1. Payment o~ Principal and Interest. 13orro«er ~l?all ~~romPth pAy n~hen due the Principal of and interest.
on the indebtedness evidenced b~ the Note. I~repa~•ment an~i l~te charge~ as provide~l in the Note, and the princi-
pal of and interest on any Future Advances seci~recl 1rv this ~tort~age.
? 2. Funds for Taxes and Insurance. Si~bject to I.en~ier's option ~~nder para~raplis 4 and 5 t~ereof, Borroaer
; shall pay to I.ender on the duy ~nonthh• instaliment~ of ~?rinci~~al and inferest ~re ~~~y:~ble under the Note, until
~ the Note is paid in fult, a sum (herein "Funcls") e~ual io one-t~relfth of tfie vearl~ taxes and :~._csessments ~vhieh
may attsin priority over this ~fortgage, and groun~i rents on the Pro~~ert~•, it sm•, pius one-twelfth of yearly pre-
E mium installments for hazard insurunce, plus one-t«elftli of ~e~rl}- ~~remium installments for mortgaqe insurance,
' if any, all as reasonably estimate~i initially an~f from timc to timc hc I.en~ler on the basis of assessments and bills
~ and re3sonable estimates thereof. Thc Fun~i~ ~I~all Ix~ liel~( in an in~tit~~tion thc ~Icpo~~(,~ or , ccoiint~ ~vh~ch 3re
~ -ZC'L'~2"ii-L ~i+svrv ~ •
FLORIDA--~u~tc-t2»i-t ~0 4 Farwr . ~
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