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HomeMy WebLinkAbout0003 a~ : ~ ~A~~~~~ This Iorm is us~d io co~n~ctio~ HIA I+OIIM NOl110 M with moh~ap~s i~wn0 ur?d~t th~ ~ 1~~ ~~~s on~- to lour-famiy p~ovisions ol tM National Housi~p Act. MORTGAGE . ; THIS MORTCIAGF, da~ed ~he 26th eay o~ September . n. ~~18 . hy be~ween Gary J. Jackson and. Yvonne M. Jackson, his wife hereinaitercalkd~hemort~or.ane Southern :~ortgage Associates, Inc., licensed to do business in the State of Florida ' , . a corporatioo organiud and eaislins uMler the lyws o( Arkansas , herei~tter calkd IIK mortaa([ee. WIINESSETN, that for diven eood and valuable considerations, and alu~ in con~iJetation of Ihe aggregate ~um nameJ in the_prumi~w- f ry nde hercinatter deu~bed. the said mun~or d~xs hereby irant, hu~ain, sell, alicn, remix, rckase. convcy. and a~nfirm uetu thc caid ~ aanpg~ee aN that cenain pect. parcel, or Inct o( land ot which the uriJ mwtgagor is now xited anJ po~texseJ and in xw:~t pu.x..iao. .itu- t ate ie Me county u( St . Lucie ~ : and Statt ot Florida. descril+ed as folbwc: -s Lot 18, Block 401, Section Three, Port St. Lucie Subdivision, according to the Plat thereof in Plat Book~12, Page 13, of the Public Records of St. Lucie County, Florida. I~ Y 11 ~ . R~eMwd ~ ~1~~~ 1~ ~+t a Tax~s Du~ On Ci~ "C" Im~tObNPbnor~t*rop~ny, ~ Pursusrn To Ch~pt~? 71.1~4. Aas Of 1971. ROGER POff111?6 ~ ~r:r ;rrk~n; r•~ rl,~~~u o~l : ~k Court, sf. L~ud~. C.ow ~N• ; , ; ~ ~ C.:~,:~!~o -1t?~ lns~:rance CO. . _ , ~ - ; F~ . 1 , ,10~:~! J. Ni.".RCIANTE ,1 ~_~_~;.t. , F : ~ ~ t, ~Y;, _ . ~ ~ ~ ~ ~ _ t z7~ 7 Orange averwe ' ~ ~ . ~ ~ ~ ~ E ~ ~ ; _r.~ . ~ ~ ~i Q T faf! A~noe. Raicta 3.~460 - _ ; - ; a - . ~ . 1 _ (34S} 461•1763 - - ~ - - - i i ~ • This is a purchase money first mortgage executed for the express purpose of : ~ securing a portion of the purchase price of the above described property. 3 ~ - ~ ; Together witb all urucwres and improvements now arxi here.fter on uid IanJ. ~nJ fiuure, a~txheJ thereto_ and aU renis.~r!!!?! pn?- e ceed+. +nd pre~ls xcrruingand to xcrue (rom saiJ premises. ~II of which ue imluJeJ within Ihe toreg.~ing dt~cripticm ~nJ the hatxndum there- s ~ i.t: alw all gas, s1e~m, elec~ric. water. am! otbt~ hu~ing, cuoking. refrigera~ing, ligh~ing_ plumbing. vemila~ing. irri~?ting. arxl p.?v?cr ~y.trm.. 4 machines. appliances. fixlures, anJ appunenances. which nov?• are or may Frcreafler pert:tin to_ or he used with, in. ~u un ~aiJ premi~r.. evrn thw~ they Me detacFied or de~achabk. TO NAVE ANpTO NOLD tlx same. togelher with all and singular the tenementx, hereditamenl+ •rnd appurtenance. ibercu~to helonging ur io anywix apperlaining. anJ the revenion •rnd rever.iun~, rem•rinder ur remainJer:. rent~. i.~uc.. rnJ profih Ihercu(. ~nd al.u :dl ~hr c.~~lr. ~ right. litk. inlert~t. tw~mt~tead. Ja~wcr and right ot dowcr. +cparate e~t~te. po+.e,~i~x?. cl~im and demanJ what.uever. a. w rll in law in ~yui- ~ t o( Iht .+i~1 morl i i?r in anJ 1o Ihe ~ame. •rtkl ever ~rt lherei~t. with ~he a E.:igur in :mJ tn ~he .amr. :mJ e~cn ~ Y• R~ K Y P~ ppunen:~nce~ ~•t ~hc .aid mi~rt ~ ~ ~urt ancf parcel thera~t umo the ~aid mortgagee in (ee .implr. And the mortgagon c~reby covenanh with tMe mor~y:~gee ~hat he i+ irnlc(ra~~hly ,rited ut .:~id IanJ in ttc .implr: ~h:~t hr ha. (ull puwrr € ~ erfd lawful right t~. convty llx s:+mt in ftt simpk ati a(~~re+aiJ: thal it tihall Fx l~wful tor Ihe mortg-rgee. a~ :+II time+ peact:+bly and yuietly tu en- ~ ter upon. iaW_ occupy, and enjoy said land. and every p~rt thereof: that tFie land i+ anJ will remain free frum all cncumbrance~: lhal wW mort- ~ ~ gaRor will makt wch furtber ~ssur~naes to prove the (te ~impk titk to taid land in uiJ motlgagee :tc may fie rea~onahly required. anJ Ihal .aiJ y ~ mortgagor doe~ hcreby (ully warram Iht tilk to said I~nd. anJ evety part dxreot_ anJ will Je(enJ Ilx wmt again?t thc law(ul claim~ of ~II per- was wboinwever. ~ PRQVIpED AI.WAYS. and thest preuM~ ~re esecuted and delivered upon 1he (ullowing conditionti. to wit: ~ : The mort~ugor agrees to pay the mungagce. or urder. tt?e princip~l sum ut Fif ty One Thousand Six Hundred and 00/100 i e ~s 51, fi00. 00 as evidenced hy a nde of even date herewith. with intere.l (tom date at tht • 3 p~ Nine and One H81 f ~ per centum ( 9~ S r/.1 per annum un Ihe unp+id balance ~ ~ until paid. 71rc said principal and intcrett ~hal! hc peyahk •rt the officc of Southern Mortgage Associates, IriC. ~ g 1999 So~thwest 27th Avenue, Miami, Florida 33145 _ # ~ ~ ~ or a~ such aher place as the fx?Ide~ ot Iht nwe may de~iy,~~a~c in writing. in mon~hly im~allmcm. ot Fou2' Hundred Thirty Three ~ ~ and 96/100----------------------------------------- Ik~11ar~ ~5433. 96 comme~cmR on ` ~ tht Grxt day of NOVembel' . 19 7$ , and on the hrst day of each mon~h thereaf~er until the principal and ~ interest are fully paid, except that 1he firul paymen~ o( principal and intcrest, if not sc?oner paid. ~h~ll be due •rnd payaf?k un the 8nt day of ~ October, 2008. : ~ ~ And shall duly, prompUy. and tully pertorm, dixharge. execWt_ eHec~. compkte. and comply with and abiJe by each ~nd every ~he .~ipu- ~ taiions. agreements. conditions, and covenaNs ot said prumiswry note and ot this murt~e. then thi. murtgage and Ihe e~tate hereby crr+ted ; shall cease sad be null and void. • - _ - And 1he mortga6or fuAher covenams ac tolbwx: ' ` 1. Tlu! he will pay the indebledne~s, as hereinbefore provided. Privikge i~ reurveJ to pay Ihe Jebt in whole. or in an amoun~ eqwl tu one y a s~xe moatFdy paymems on tlx princip~l that are neit Jut on the nwe. un tMe first day of any month prior to malurity: Provided. however. ~ thst wrilten notice of an intenlKm to eaerciu wch privilege i~ given at ka.t Ihuty 1~1?1 day. prior ~o prepa> ment ~ ~ ~~(i}c f A~;' ~ ~ - _ _ . _._._s_: ~ . _ - W...+.~ ~~r~-.~,~~~~,,~ : „j ~ ~~P -~-~f._ >