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Home My WebLink About0257 • ~ nrs ~r.s~runien~ rreparea vy: _ a ~ 5`ep3~~n C. Frasi^r. Aitorney P. 0. Box 2210 STATEOFFLORIDA 310 Oenver Avrnue This torm is ussd in connectio~ FHA FORM NO ~110 N StuBrt, FlOtida 33494 with moh~ages insured unde~ the ~ Rs.lsd Oew?« 1172 ons- to four-famiy provisions oi ' ~ the National Housinfl Act. ~ i ~ ~GE ~ MOI~~'~ ~ . t F FHA~ 094-086448-203 ~ ~ i THIS MORTGAGE. mc~a ~n~ 2 Znd day of July • A. D. 19 7 5 , by and, ~ ~~wK~ Thomas S. Elmore and Virginia R. Elmore, his wife ~ hereinattercalkd the mon~or, and SOUTHERN MORTGAGE ASSOCIATES ~ INC. ~ authorized to do business i.n the State of Florida ` , a corporation organizod and exiuing under the laws ot p~kansas i ~ , hereinatter calkd the mong»gee. W17NESSETH, that tor diven good and valuat+k considentions, and also in considention ot the ag~regate sum aamed in the promisso- . ry note her+eina(ter descdbed. the said mortgagor does hereby grant, bargain, sell, alien, rcmise, rckase, convey. and co~fum unto the said mongagee all that certain piece, parcel, w tract of land of which the said mortgagor is now seized and possessed and in actual posxssion, situ- ate in ~he countv of ~t..~+u~j~e and State of Flotida, un u o ws: . ~l- 4~~~- ~~/D /T ~ Lot 7, Block "A" of HARMONY HEIGHTS ADDITION NO. 5, according to a plat thereof recorded in Plat Book 10, page 34, public records of St. Lucie County, Florida. rry- S~'ATE c~F ~LC~i~E~ ! ~ w 3 ~ ' 70C~~MEN?ARY.--=-,::.~'ANa~ 7l,r' ~~~~Np~Ex~a ~ ~ ~ ~ L+LN':. uF N.EYECItlf ' C FB = :y'~, Z l. O Q I ~~T ~ .t~' ~ m a - . Y_~ _ r .:.~°2 ~ i THiS IS A PURCHASE MONEY FIRST MORTGAGE EXECDTED FOR THE EXPRESS PURPOSE OF SECURING A PORTION OF THE PURCAASE ~ ~ PRICE OF THE ABOVE DESCRIBED PROPERTY. _ ! f ! Together with all structures and improveme~ts now and hereafter on said land. and fixtures atiached thercto, and all rents, issues, pro- ; ~ ceeds, and profits accruing and to accrue trom said premises, all oi which are incfuded within the foregang description and the habendum there- i ~ of; also all gas, steam, elec:ric, water, and other heating, cooking. re(rigerating. lighting, plumbing, ventilating. irrigating, and power syslems. ~ machines, appliances, fixturcs, and appurtenances, which now are or may herea[ter pertain to. or be used with, in, or on said premises. even ; s though ihey be detached or detachabk_ - ' ~ TO HAVE AiVDTO HOLD the same, togcther with all and singular the tenements. hereditaments and appurtenances thereunto belonging ~ or in any~?~ise appertaining, and the reversion and reversions, remainder or remainders, rents. issues. and prafits thereof, and afso all the estate. ~ right. tiik. intercst, homesttad. Jowe~ and right of dower, separate estate. possession. claim and demand whatsoever. as welt in law as in equi- ~ ty. o( the said mortgagor in and to the same, and every pari thereot. with ihe appurtenances of the said mongaRor in and to the same, and every ~ part and parcel therrof unto the said mortgagee in tee simple. ~ ~ AnJ the mortgagor hereby covenaMs with the mortgagee that he is indefeasibl~ seized ot said land in fee simple: that he has (ull power • and lawful right to convey the same in fee simpk as aforesaid: that it shall be lawful for tfx mongagte. at all times peaceably and quietly to en- ~ ~ ter upon. hoW. occupy. and enjoy said land, and every part thereof: that the land is and will remain free from all encambrances: that said mon- ~ gagor wil! make wch furiher assurances to prove the tee simpk titk to said land in said mongagee as may be reasonably required. and that said ~ mortgagor does hereby fully warrant tF~e titk to said land. and every part thereof. and will defend 1he same against the lawtul claims of all per- sons whomsoever. g PROVIDED ALWAYS. and these prcsents are ezecuted and delivered upon the following conditions, to wit: a ~ The mortgagor agrees to pay tlx mortgagee. or order, ihe principal sum of eighteen thousand € D~I{ars lS 18 ~ ~ ~ ~ ~ as evidenced by a note of even date herewith. with interest trom date at the - ? rate of e1CPub dYld OA@-half per centum ( 8~ 5 °k~ per annum on the unpaid balance ~ until paid. 71x sa~d principal and interest shall tx payabk at the of6ce of Southern Mortgage Associates , IIIC . ~ 1999 S~W 27th Avenue, Miami, Florida ~ or at such ot ~ place as the holder ot the note may designate in writing. in monthly installments of one hundred thirty- ~ Dollars (S commencmg on e~}~ 13~.42 ~ the firs ~ay or andSep4 ~e100 ~9 T 5~ and on the first day ot each monih thereatler until the prinripal and ~ interest are tully pa3, txcept'U~iat-frie final payment ot principal and mterest, if not sooner paid, shall bt due and payabk on the first day ot ~ Qu g~ 2 : - ~ Au~fid shaTl duly, pr~o mptly, and fully pertorm. ~scharge, execute. eBect. compkte. and comply with and abide by each and every the stipu- lations. agreements. conditions. and covenants o( said promiSSOry nae and of this mortgage. then this mongage ar~d the estate hereby created ~ shall cease and be null and vad. ~ And the mongagor turtlxr covenants as folbws: ~ I. That he will pay the indebtedoess, as hereinbefore provided. Privikgc is reserved to pay the debt in whole. or in an amount equal :o one ~ or more monthly payments on tF~e principal thal are neRt due on the note, on the 6rst day ot any month prior to maturity; Provided. however, ~ that written notice of an intention to exercix such privilege is given at kast thirty (~01 days prior to prepayment. n a~~~`) ~ ROOK ~r PAGE , - - _ g~~,~ ~ x , ~~.3'~-s~- s s~-`" w' _ ~~~~~.d~_-a~-~-'--`- ' d