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THIS INSTRUMENT PREPARED
F«a 106 Fla~da MORTGAGE DEED 4~4~Z RICHARp p• SIIElO, JR., r'A'
100 Vhplnb Awnw
executive line ~ sum too • sv" at'"k eld~. ~ Q ;
/v' fort Pura, fbrid~ 33450 j
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W Meees* aasd hsnia tM urr ° tad "awrtttra~` iadudt aN tM ptullst to t?it iastrueaeat aad tM Miea=
Iep1 teprewutiees tad of iNiniA~ ~ tM wee~aa u4 amk~ et eo?PoA4ar: aad tM 4rm wu'
iadedss aY tM aottt Meer 3meriW it mon tAaa oae. pt~ret used the da~ular aumErr shall Firlude tAe plural sad
eM plural eM da~ular, tad tM ur of aar paler shall iaAud? sll ~adses ~
F;.re~t~ted the 5th day of November .4. D. 1979 ~
by KATHE ANN BILLINGS, a single adult, and ROBERT C. BRADY, a single ~
adult, }
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hereinafter c•ctl/rd the.~lortga;t~r, to DELAINE C. FURST
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lterciitaflPr ~altPd the alort6aaee.
~t~PB$Pf~, that for divers good and t;aluable considerations, and also in
consideration of the aggregate stem na.ntecl i~c the prontissort/ note of ~•t'e~t date here-
with, hereinafterdescriLed, the said JliortgaQor, does grant, IKr.i•;.~ni.it., sell, alien, remise,
release, conieJ and conJirnt onto the said .Mortgagee, in fee simple, all that certain
tract of land, of which the said .ltfortgagor is note seized caul possessed, and in. artrutl
possession, situate in St. Lucie Cou~tty, State of Florida, described
as follows: ~
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Lot 32, Block 1, THUMB POINT, according
~ to the plat thereof as recorded in Plat
Book 10, page 79, of the Public Records
of St. Lucie County, Florida.
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1 THIS IS A THIRD MORTGAGE subject to a First mortgage from Donald E.
Jacobson and Marilee I. Jacobson, his wife, to Indian River Federal
~ Savings and Loan Association, dated April 25, 1975, filed April 30,
(i 1975, at O.R. Book 238, page 2979, of the Public Records of St. Lucie
County, Florida; and subject to a Second Purchase .+~Ioney mortgage from
Kathe•Ann Billings, a single adult, and Robert C. Brady, a single
adult, to Donald E. Jacobson and Marilee I. Jacobson, his wife, dated
November 5, 1979. 1
I
It is specifically made a condition of this mortgage that a default
~ ~ in the above-described first and second mortgage or either of them I
k by the mortgagor will constitute a default in this third mortgage.
t
The mortgagor shall not convey the property mortgage herein without
f the consent of the mortgagee and the assumption by the new owner of
the unpaid balance of the mortgage deed and promissory note secured }
thereby. In the event transfer or conveyance is made without consent
and assumption in due form, then the unpaid balance of this mortgage
may be accelerated without notice by the mortgagee and the mortgagee
may declare the entire debt due and payable. }
RL~fi1'ED S IU? ~ v iN FA.t':.'T ;F T.SXf$ _ !M~~: AK' ~ ST.. - f 1
6Ue Q9 Ct'= = •S' i ~tE t':Et~' :.t •F'il: L"QTY, r . ~~.1 , ~ ~ `
c PU85!1JMI1 TU _H.'.~!~ . 71-~::4, RATS GF 1971. ~~'i s'L:: ~ ,3
07501
C1fR1I CISCWT COURT, ST. IY:aE CO, Ft~J•~ r =-j
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUE
- UPON MATURITY IS $4,383.50, TOGETHER WITH ACCRUED INTEREST, IF ANY,
A'dD ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS
MORTGAGE.
~A ~flUt M11~ to ~pld the saute, together with the tenements, hereditct-
ments and appurtenances, unto the said .Mortgagee in fee simple.
.~1tt~1 said .hfortga~or does covenant with said JFlortgagee that said Mortgagor
is indefeasibly seized of said lacr_d in fee simple; that the said .~liortgagor ltas full
power and lawful right to convey said land in fee simple as aforesaid; tltat it shall be
~ lawful for said .Mortgagee at all times peaceably and quietly to enter. upon, hold,
e: ~ occupy and enjoy said land; that said land is free front all inercmbranees; that, said
.Mortgagor wilt make such further assurances to perfect the fee simple title to said
land in said Mortgagee as may reasonably be required; and that said Mortgagor
does hereby fully warrant the title to said land and will defend the same against the
lawful claims of all persons whomsoever. c~ f ~
600K J~V PAGE ~
MiOSTATE LEGAL SUPPLY COMPANY