HomeMy WebLinkAbout2761 This Instrument Prepared by. 444644 ~
Stephen C. Frasier, q~~ ' f 3
•s M. ~ cuw ~1 P. 0. box 2210 y FLORIDA 1 ~ ;
a..wa M... 1 7s. U W1Me~1.
a+,1w 1ua ru. 3 v.s.c. '10 Denver Avenue .
~'w"' Stuart, Florida 33
4si~4 VA #426378
MORTGAGE
.
- Tanr Mooror?os, dated the 16th ~ May , A. D. if 7 9 , b7 and
DONALD H. WATSON and LOUISE J. WATSON, his wife
hereinafter called the hlort~or, sad SOUTHERN MORTGAGE ASSOCIATES, INC. , authorized
to do business in the State of Florida
a oorporatioa organised and moatirlg under the Lws
of Arkansas ,hereinafter called the Mortpgee.
Wrmsaste, that for valwbL ealsideratioos, the said Mortgagor does hereby grant, bargain, Bell, alien,
nleass, ~~Y, ~P. sad ooafirm unto the said Mortgagee all that oertaia paroei of Lad of which the
aid Mortgagor is now seised sad paseeaeed sad is actual poaaeeeioa, dtuated is the county at S t . Luc ie sad
Btate of Florida, described es follows:
Lot 7, Block 479, Port. St. Lucie, Section 26, according
to the Plat thereof, as recorded in Plat Book 14, Page 4,
4A-4C, of the public records of St. Lucie County, Florida.
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.
V~ -
R~ostwd • U pr11~ OI Taste `
Due On Ctass "C" Mkaigbl~ pwep>M h'~t~ €
pursuant To ChepMr 71.134. Roes Of 11111.
IIOOiIt pOf11W ~~i~
Clsttl Crros3 OwR ~ Cor.
Together with all structures and improvements now sad hereafter on said Lnd, sad tbs r+ea issu and rofits
P
of the above described property (provided, however, that the Mortgagor shall be entitled to collect and retain
the acid rents, issues, sad profits until default hereunder); and all fixtures now or hereafter attached to or used ~
in connection with the premises herein described and in addition thereto the following described household appliances,
which are, and shall be deemed to be, fixtures sad a part of the realty, and are a portion of the security for the i
indebtedness herein mentioned:
-
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s r,, e„~ JfP~~'` eVEhJE_.~ . SFrtl~1F_ , ~
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To Hwvs sxn ~r+o Horn the same, together with sll sad singular the tenements, hereditaments and appur-
tenanoes thereunto belonging or is anywL~e appartaiaillg, and the reversion ,uid reversions, remainder or re-
F mainden, and also all the estate, right, title, interest, homestead, dower and right of dower, separate estate,
possession, claim sad demand whatsoever, ss well is law ss in equity, of the said MMortgagor in and to the same
sad every part thereof, with the appurtenances ofd a said Mortgagor in sad to the same, sad every part sad
parcel thereof unto the said Iliortgagee in fee aim ??((,,pp 7 `
Boer, aJtJO PACE 2 / 61