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ThH form is used in Cpnnectipn
with morigpea insured under the
This Instrument Prepares one- to four-family provbiona of
Stephen C, Frasier, Attorn~ the National Housing Aet.
310 Deng
er Av
rue MORTGAGE
Stuarts Fbrida 33494
?HIS IitOR'PGAGB, dated the 27th day of November , A.D. 19 79 , by and, between
FRANKLIN ARANAHA and BRENDA H, ARANAHA his wife hereinafter
caned the mortgagor, and VANTAGE MORTGAGE ASSbC IATES, I~IC , , a Fl on da Corporation
, a corporation organized nail existing under the lawn of Fl on da-
hemkafter called the aaortgsgee.
WITNESSETH, that for divers Good and vahtabk ooadderatioas, and also is coa:ideration of the aggregate sum named in the pro•
missory note hereinaRer described, the said mortgagor does hereby grant, bugaia, sell, alien, rembe, release, convey, and confirm unto the
said mortgagee all flat certain piece, pucel oc tract of land of r!+±~ the Baia mortgagor k nos? seized and possesxd and in actual ptn-
ae::iou, sitwte iA the county of St. Luc; e
and State of Florida, described a: follows:
Lots 10 and 14, Block H, HARMONY HEIGHTS SUBDIVISION,
according to the plat thereof as recorded in Plat
Book 8, page 24, 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.
" _ ,'NM ? , ! i
A Y ~ - _ " ~ _ ~ , g~n,.d ~ c~ - ~ Ms *a,~s~ 01 TaNM
1~ , , - r, v ~ ~ , ` R ~ ~ ~ ~ ~ prrsrMts>t t~1~1•
_ ~ tl . ~ • r _ ~ ~ 7 5 1 pennant To ctavtar 7t. ts~ era
- - i ~ ~on>µs
park Ctrwit CourR, tit Lstoffs, Cm.l1~. .
Together with all structures and improvements now and hereafter on said land, and fixture: attached thereto, and all rent:, issues,
proceeds, and profits accruing and to accrue from said premiss, all of which are included within the foregoing description and the haben-
dam thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lightirrg, plumbing, ventilating, irrigating, and
power s)rstema, macdtines, appliances, fixttues, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on
said premises, even though they be detached or detachable.
j TO HAVE AND TO HOLD the same, together with all and aingulu the tenements, hereditaments sad appurtenances thereunto be-
F longing or in anywise appertaining, and the reversion and reversions, remainder or remainder, rants, issues, and profits thereof, and also all
the state, right, title, interest, homestead, dower and right of dower, separate estate, possession, claim and demand whatsoever, as well in
~ law u in equity, of the said mortgagor is and to the same, and every part thereof, with the appurtenances of the said mortgagor in and to
the same, and every part and pucel thereof unto the said mortgagee in fee simple.
Md the mortgagor hereby covenants 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 be lawful for the mortgagee, at all times peacxably and
quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the land is and will remain free from all encum-
branees; that said mortgagor will make such further asauanas to prove the fee simple title to said land in said mortgagee as-may be reason-
ably required, and that said mortgagor dos hereby fully warrant the title to said land, and every put thereof, and will defend the same
against fire lawful claims of all persons whomroever.
PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
~ The mortgagor agrees to pay the mortgagee, or order, the principal sum of Twenty-six thousand five hundred and
00/100 -------------------------------------------------.Dollars (526,500.00
as evidenced by a note of even date herewith, with interest from date at the rate of E 1 e V e n and 0 n e - h d 1 f - - - - - - - - - -
` per centum ( 11 z 96), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
office of Southern Mortgage Associates, Inc „ 1999 SW 27th Avenue, Miami, Florida
or at such other place as the holder of the note may designate in writing, in monthly installments of TWO hundred S 1 Xty-two and
62/ 100 - -~11~ 262.62
~ commencing on the first day of January , 19$D ,and on the lust day of each month thereafter until the
principal and interest zee fully paid, except that the feral payment of principal r~rtd interest, if not sooner paid, shall be due and payable on
the first day of December, 2009 .
1
l Md shall dal prom tl ,and full rform, dischu execute, effect, com lete, and com 1 with and abide b each and eve the
y, P Y Y Pe ge, P P Y Y ry'
stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage. then this mortgage and the estate hereby
created shall ozase and be null and void.
Md the mortgagor further covenants as follows:
1. That he will pay the indebtedness, as hereinbefore provided. Privilege is resernd to pay the debt in whole, or in an amount equal
to one or more monthly payments on the principal that are next due on the note, on the fast day of any month prior to maturity:
Provided, however, that written notice of an intention to exercise such privt7pe is liven at lest thirty (30) days prior to prepayment.
STATE OF FLORIDA