HomeMy WebLinkAbout2923 ~ , + . . . ~
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~A s~..• ~-a~ rn~•• ~ J. ~ : . ? 1 Q FLORIDA
R..h.a e iva. u.. oa~ ~lU D~nv~r Avrr;:t•
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xauo..i Stt~art, Florida 3~
~A ~as~ ~250 518 MORTGAGE
Ta~s Moarasas~ dsted t~s 12th dAY ~ March ~ A. D.19 ~q , by und
bet~reea
FRANKLIN N. SPEARS.and GLADYS SPEARS, his wife
he~cinaiter called the Mcrt~a8ar, ~d SOUTNERN MORTGAGE ASSOCIATES, INC. , authori zed to do business
in the State.of Florida
, s eorporation organi~d and existing under the laws
ot the State of Arkans s , hereinafter called tbe Mortgagee.
Wrrrtassarti, that ,fo~ ~uable oonsiderations, the eaid Mortgagor dces hereby grant, barBain, sell, slien,
remise, releaae, oanvey; .assi8¢, and oonfirm unto the said Mortgagee all that certaia paroel of land of which the
said Mortgagor ia now ~eued and pos~eaeod and in aatual po~sioa, sixu~?t~ecl in ti~ oount~Y at St . Lu c i e ~
Btat~e of b~otic~, deec~ibed as foUowa:
Lots 19 and 20, Block 1, CHAMBERLAIN'S SUBDIVISION, according
to the plat thereof recorded in Plat 6ook 5 Page 27, of the
Public Records of St. Lucie County, Florida.
STATE FL~Ri~A ~ N?'~°~~~'
o- o D~CUMENTARY ~s~`~~ STliM f' ' F, X 1 ~
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THIS IS A PURCHASE MONEY FIRST MORTGAGE EXECUTED FOR THE EXPRESS
PURPOSE OF SECURING A PORTION OF THE PURCHASE PRICE OF THE ABOVE
I DESCRIBED PROPERTY.
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Together ~vith aIl etrnctnre~ and improvem~ata now ~d hereafter on a~d ]and, and the rente, ~ssuee, and profite
of the above descn'bed P~P~Y ~Pmvided, Lowever, that the Mortgagor shaIl be entitled to collect and retsin
'the said renfs, issues, and profits nnt~ default hereunder); sad a11 S~cturea now or Lereafter attached to or used
in connection with the premisea herein described and in addition thereto the following described~ousehold appliances,
~vhich are, and shall be deemed to be, Sztures and s p~tt of the realty, sad ara a poriian of the security for the
indebtedness hereia meatianed: . .
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~ TO HAVL' AND TO HOLD t21e 881u0~ ~'ether ~vith eff snd s~ngt~Iar tLe tenements, bereditamenta and appur-
~f~` tenance's thereunto belonging or in anywise a~pertaining~ and..the reversion and reversions, remainder or re-
mainders and ulsQ all the estate right, titl mterest homestead dower and right of dower se arats estate
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possession, olaim and demnnd whatsoever, as well in law as in equity, of the said ;1lortgagor in and to the same
~ and e~very part thereof, with the appurtenances of th~ s~id biortgagor in and to tbs ~ame, snd svery p+~t ~
~ parcel thereof unto the aaid I?iortgagee fn fee nimple;..
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