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STATEOFIROAIOA Thft form is used in connection
iHA FOAM NO Z110 M with mon~ap~a insured unde? the
R•v. ,lonuory 1977 one- to four•tamiy provhio~s of
tM National Housinp Ac1.
MORTGAGE
TH1S MORTGAC,E. du~a ~r~ 16th ~r ~ Naveaber . A. D. i9 78 , by,~a,
bctween BAYlIOIiD D~AVIS snd NAIiCY DAVIS~ bis vife .
hercinaRer cdkd t!x moct~. and
S0IRHBRti 1~I~PG~A~GB ASSOCIATBS, IrIC.
, a corporation ory~anued and exis8n~undec the law: ot Ths Sute of Arkansas
: hcreinatter c~ikd the a~ort~.
W17'NESSETH. thst tor divcn ~ood and valusbk considerations, and alw in oonsidentio~ ot t'he s~gte~ate wm namod in the pmmiua
ry note heroinafter Aescn~bed, the said mortp~or does bercbr srant, bour~aun, xtl, dien, rcmise. rcksse. convey, and confinn unto the said
mat~agse afi tfiat ce~rtain piece. Parcel. o? tract ot land ot whicli the said mortgagor is now seiud snd possessed and in sctua! posscssion. situ-
ue in the countr St. Lucie
ana ~tate ot Fbrid~, described as iotbws:
Lot 130, SHSRATIO~i PLA7.A,- UI~iIT Z~iO RSPLAT,
sccordi~ng to the plat thereof as racorded
in Plat Book 16, Psge 2, of the Yublic
Recorda of St. Lucie Couaty, Florida.
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Reoslrsd • 7' fn Pal+rnsnt 01 Ts~cu
Due On Cbss ••C•• ~rrtan~~le p~q~ p~.~~
Pu~suant To Chaptsr ~1. 134. Ac~s pf 1971. •
-pOGER POITRAS
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Together with all struccures and improvements now and heroafter on said land, and fixtures attached thercto, and all rents, issues, pro-
~ cecds, and profits acen~ing and to accrue trom said premises, all ot which ue included within the foregoing description and the habendum there-
~ ot; alw aU gas, stcam, electric, water. and othen c~ating, cooking, rstrigerating, iighting, plumbing, ventilating, irrigstina, and power systems. ~
! < machines, applisnces. tiatures, and appurte~s, which now are or may hereafter putain to, or be used witl~, in, or an said premises. even
~ ~ though they be deached or deachsbk. ~
€ o TO HAYE ANDTO HOLD the same. together with aq and singular the tenemenu. heredihments and appurtenances therounto bebnging 1
X~ or in anywise appertaimng, and the ~evenion and revusions, remainder or rtmainden. rents, issues, and pro6ts thereof, and also all the estate.
right, titk. iMerest. homestead, dowCr and righi ot dower, separate estate. possession. claim and demand whatsoever, as well in law as in equi- !
Q ty. of the said mortgagor in and to the same, and every part thercof, with the appuRenar.ces of the said mortgagor in and to the u?me, and every
V° part and parcd thereof unto the said mortgagee in fee simple. -
o And the mortRaftor hereby covenants with the mortgagee thu he is i~deleasibty seized ot said land in tee simpk: that ho has fu11 power
4 and law(ul right to convcy the same in fee simpk as aforesaid: [hat it shal) be lawfu! for the mort~gee. at all times peaceably and quietly to en-
J ~ ter upon, fio{d. occupy, and enjoy said land, and evcry part thereof: tMt the land is and will rcmain trce from all encumbrances: ehu said mort-
~ gagor will make such further usutances to prove the te~ simpk titk to said hnd in said mort~agee as may be reasonsbly requind, and that said
~ ~ mortgagor does hereby fuUy wurant the titk to said hnd, and every put d~ercof, and will detend the ume against the lavrfu{ ctaims ot all per-
" sons whomsotver.
~ ~ PItOV IDED ALWAYS, and thes~'presents are ezecuted and dtlivered upon the tolbair~ conditions. to ~rit:
~ 1~ The monga~or aarces to pay the mortga~ee, or oraer. ~e Princ~ wm ot Eighteen Thousand Six Huadred and no/100
} - s,
~ Dollars (S 18 ~ 6~0.00 as evide~ by a note of evtn date hetew~ith. witb intertst from date at tl~e
- ` 4 nte of Nine and One Aallf per unwm t 4• 5 per asuwm on thc unpaid balance
~orii ~~f.'t~e s~i prina~ ana incereu ~i be ~rab~e u~he o~ce ot Southern Mortg~ge Aseoei~ate~, Ina.
i ~ 1999 S.W. 27th Avenue, liiami, Florida 33145
: or ats}+ch aher place u the holdcr ot the note m~y desipate in writint, in monthly insWlments ot Oqe Hutldred Fif ty Six gAd
43/100 DoUars(5156.43 ).comme~cingon
~ ~tk r~c aay ~t Jsnuary . i9 79~ and on the 6rst daY ot each awnth ttkreattcr umil the pnnapal and
~ interest ue fuUy prid: exoept that the 6na! psyment ot principal tind interest. dtat woner paid. shall be due and payabk on the fitst day o(
f Dece~er, 2008.
And shall duly, promptly. and tuAy pertorm, disclarse, exesute, etFect, oompkte. and co+nply with snd abide by esch and every the stipu-
~ latian. agrecments, conditiQns, and covenants of ssid promiuory rate and of this mort~e, then this mort~aje and the estate hercby created
~ shsll cease and be nuU and void.
~ And the s?ortpeor turtba oovtnants as tdlo~vs: ,
1. "Ilat Ae will pay the indebtedness. as hereinbetore provided.. Privik~e is reserved to pay tNe debt in w~hole. o~ in ~n amount equal to one
a moa monthly wvioents on the principal that are nex~ due on ti?e nwe~ on the fint daY ~~y ~ih D*~a to m.turitY ~ P?uvided. ho~evu.
' ihal wri~ten notice ot an intention to ezercise sucb privikQe ~s eive~ at least th+rty {30) dsys prior to preoaYmem.
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