HomeMy WebLinkAbout0550 MOlTOAW a!!O
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Ex~ut~d ~6e 20th da~ December, A. D. ~9 77 6y
VIRGINIA R. SPARKS and BILLY A. SPARKS ~
he?eina~ter cn~~ I~e mortgagor, fo ~
GEORGE R. OSBORNE and MARY OSBORNE, his wife
{~ereinaJler tallecl the morfgagee:
(Wberever mcd ~ercia tAe arm~ "~t~a[u?" a~d "eoryta`ee" i~cludc all t`e prrtia to this idw~e~t ud ~ie ?ein.
kRd ~ep~eienati~ts aad assism o( i~rid~ak. ud t6e mcre~as aed a+tiR~~n d corporatio~s: ud He ter~ "~ote^
iwcludes all thc wtd 6erci~ described it mwe i6aa one-)
that (or good and valua6le c~onsiderations, and also in consideration o~ the aggro-
gafe sum namec~ in l~e promissory note o~ even date he?ewitti, tiereinafter clescrlbed, (~e mortgagor ~ere-
6y g?nnls, bargains, seUs, aliens, ?emises, conveys and conjirms unto the mortgagee nll t1~e certain land
o~ whicti the mortgagor is now seizec~ nnd in possession situate in St. Lueie County.
F~orida. i+iz:
~ Lot 12, Block 2, and the West 8 feet of vacated alley
adjacent on East, Killer's Plat of the W 1/2 of the _
~ E 1/2 of the SW 1/4 of the NE 1/4, Section 9, Township
~ 35 South, Range 40 East, according to the Plat thereof,
~ as recorded in Plat Book 3, page 43, of the Public
. Records of St. Lucie County, Florida.
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THE MORTGAGORS shall pay in addition to the sums provided for ,
_ in the promissory note secured by this Mortgage, $23.50 per
month which will be held by the Mortgagees in escros to pay the
, taxes and insurance on the property secured by this Mortgage.
These payments will be made in advance and will comanence one (1)
If month from the date of this Mortgage. After the taxes and insuranc
; premium is paid, if there are any moneys left in the escrow fund,
` they will be applied to the following years insurance and taxes,
~ or will be applied to a reduction of the amounts due on the notes
~ secured hereby.
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THIS IS A PURCHASE MONEY FIRST MORTGAGE.
/ ReCelvsd i~0 .b~ In PeYmeni Of Tezes
\ Oue On Clesa ••C•. Intangibte Per~~l pr~~.
~Z ~i?susm To Chepter 71, 134, q~y pf ~ 871.
~ ROGER POITAq$
C~er1, Circuit Court, St. LucN~ Cp., ~
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~ Bo~K 279 PAGE 549