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Home My WebLink About2588 238 ( ' . ~ ~1 ~ ~ ~ s !12 38 q-3~ 14 s' Thb to.~ ~ w.. ~ntta:,i~tt tMnbatl Mrlt »>n or,.. b tow-t~wilr ~oviMotts d IM Ntllottr Haa»Ngi Ad. }?tlS inatntt.lent Drepl)f11d Oy! ~ - C~~o ~,~.~nsuranoe MORTGAGE JOHN J. MARCIANTfi - 2717 Oralrl®e lloll~erltw Fat Plena. Rockt~ 9~d0 WOd~ X61.1761 T~tts>waamAOB. dates the 5th. uy ~ February . A. o. w 7Q . by ard. betwee. Chester Rent Laftson and Patzicia La~tsonr his `fife hercittattert:aNe~ the trtortpgor. and Southern Mortgage Associatese Inc. , licensed to do business in the State of Florida . a carperatioa organized and existing awder the b?ws of Arkansas . Itereinatta csfied the atortgaltee. - WlTNESSETH, that for diver good and vahtabk considerations, and ah~o in consideration of the ag~egate wm named in the promisso- ry nose Itercittdter described, the said nartgagor does hereby g~rtM, bargain, sell, alien. remise. release. convey. and confine unto the said tnottpgee~all thst certain piece. parcel, or tract d land of which the said mortgagor is now seized and possessed and in actual possession. situ- tteintheoountyd St. Lucie awd State d Florida. described as follows: . -Lot 3, of a re-subdivision recorded in Plat Book 3, Page.8, St. Lucie County Florida, Public Records, of the FTest one-half of Block 1, of-a re--subdivision of Fairmaur Park, as recorded in Plat Book 3, Page 49, St. Lucie County, Floridan ~~0 Public Records. ~ ~ STATE FLOR~[~~1 ~ DO~I;MEfdTA~Y:-= ri,z Sil~MF' ; 1, t •j - r1!lwneatOttlrlea ° it_~T L~f kEVENi.'t "f tom" ~ ~~~~w~~ ° ~ - I AOCiH11~gINAt - CIMk Qrcuit Court. St. t.uds. Ca, Fts.~ . 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. i f - i Together with all structures and improvements now and hereafter on said land. and fixtures attached !hereto. and all rents, iswes. pro- ct:eds. and profits accruing and to accrue from said premises, all of which are included within the foregoing description std the habendum therc- of:also all gas. steam, ekcttic. water. and other heating. cooking. refrigerating. lighting. plumbing. ventilating. irrigating. and power systems. machines. appliances, fixtures, and appurtenances. which now are a may hereafter pertain to. a bt used with. in, or on said premises. even tirottglt they be detached or detachable. TO HAVE ANDT'O HOLD the same, together with all and singular the tenements. hereditaments and appurtenances thereunto bebnging or in anywise appertaining. and the reversion and reversions. remainder or remrinders. rents, issues. and profits thereof. and also all the estate. right. tick. interest. homestead. dower and right of dower. xparate estate. posxssion. claim and demrnd whatsoever. as well in I:?w as in equi- ty. of the said mortgagor in and to the same. and every pan thereof. with the appurtenances of the said mortgagor in and to the same. and every pan and parcel thereof unto the said mortgagee in fee simple- - And the mortgagor hereby rnvettants.with the mortgagee that he is indefeasibly seized of said land in fee simple: that he has full power and lawful right to convey the same in fee simple as aforesaid: that it shall bt lawful for the mortgagee. at all times peaceably and quietly to en- ter upon. hoW. occupy. and enjoy said land. and every port thereof: that the land is sad will remain free from all encumbrances: that said mort- gager will make such further assurances, to prove the tee simple title to said land in said mortgagee as may be reasonably required. and that said mortgagor does hereby Cully warrant the title to said land. and every pan thereof. and will defend the same against the lawful claims of all per- sons whomsoever. PROVIDED ALWAYS. and thtx presents are executed and delivered upon the following conditions. to wit: a The mortgagor agrees to pay the mortgagee. a order. the principal wm of Thirty Four Thousand Six Hundred Fif ty b 0460 Dothan lS 34 , 650.00 as evidenced by a note of even date herewith. with interest from date at the g attot Nine and One half per centum ( 9.5 'xl per annum on the unpaid Iwlance until aid. The said principal and interest shall be payable at the office of Southern Mortgage Associates, Inc.. , 1999 Southwest 27th Avenue, Miaai, Florida 33145 i or at such dher place as the holder of the note may designate in writing. in monthly installments of Two Aundred Ninety One and 41 / 100------- Dollars tS 291.41 commencittF on the fuse day of riareh . 19 79 ,and on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of principal and interest. if tat sooner paid. shall be due and payable on the first day of February, 2009. = - And shah duly. promptly. and lolly perform. discharge. execute. etiect. complete. and comply with and abide by each and every the stipu- lations. agrsements. conditions, and covenants of said promissory rate and of this mortgage, then this mortgage and the estut hereby created shall cease and be nuQ and void. And the mortgagor further covenants as folbws: - 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is rexrved to pay the debt in whole. or in aA ttatwwtl Anal to one ~ ~ or rtMre monthly payments on the principal that are next due on the nde. on the first day of any month prior to taslttrity; Provitlw. however. ff.al written notice of an intention to exercise xuch privilege is given at least thirty 13111 day s prior to prepaytneM. Sa~fi3~ ~~~f -