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This form Is usb In connectipn
with n?ort~ages insured under tM
This Instrutt~ent Prepared tfy: ono- to four-fatuity provisions of
Stephen C. Frasier, Attorney th Iwtlonal Housing Act.
P. ~X 221° MORTGAGE
310 Denver Avenue
Stuart, Florida 33494
THIS MOR'I~GAGE, dated the 10th dy ~ December , A,p. 19 7 9 , by and, between
GLENN A, SIGUR and SANDRA J, SIGUR his wife ~ hereinaRer '
calbddsemortaaaor,md VANTAGE MORTGAGE ASSOCIATES, ~NC., a Florida Corporation,
, a oorpontion orpralzed and existia~ under the lawn of F 1 o r i d a ~
herelnatter caved the mort~ee.
1Bi'tIJF.SSBPH, that for direr: rood and ~alwbb ooasiderations, and abo in oonalderation of the aagtegate sum named m the pro-
misaory ttote hereinafter described, the said mortgagor does hereby Brant, bargein, sell, avea, retnise, rebase, convey, and confirm uato the
:aid mortgagee all that oertaitt piece patcel, or tract of land of whkh the ssid mortgagor b now seined Gad posseaed and in actual pos- 5
session, sitwte la the cotmty of S It , L U C I E
and State of ~lotida, desadbed u fovows: R«,Wyb 1 ~ `gam In Payment Of Tsecea
t>Krs On Class "C" Intarglbls Personas °roM?tli; '
r
• pu?auant TO Chapter 71. 134, Acts Or ' 971.
ROGER POITRAS
- Iaas Ctt~ Covet, SL hucia. Co., Aa.
Lot 35, Block 6, TUCKER TERRACE SUBDIVISION, ~
according to the Plat thereof as recorded in 4-i
P1 at Book 4, Page 54, of the Public Records of , ~
St. Lucie County, Florida, rrr
'J~•'•t=•i 'j
t-.-
***THIS IS A PURCHASE MONEY FIRST MORTGAGE
EXECUTED FOR .THE EXPRESS PURPOSE OF SECUR-
-
ING A PORTION OF THE PURCHASE PRICE OF THE
ABOVE-DESCRIBED PROPERTY.
-
i
Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
proceeds, and pmfita accruing and to accrue from said premises, all of which ue included within the foregoing description and the habeas-
dum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and
~ power systems, machines, appliances, futons, and appurtenances, which now arc or may hereafter pertain to, or be used with, in, or oa
said premises, even though they be detached or detachable. I
TO E:AVE AND TO HOLD the same, together with aU and sirtgulu the tenement:, hereditament: and appurtenances thereunto be-
longing or in anywise appertaining, and the aversion and reversions, remainder or remainders, Hats, issues, Gad profits thereof, and also all ,
i the estate, right, title, intercat, homestead, dower and right of dower, separate estate, possession, claim and demand whatsoever, u well in
law as in equity, of the said mortgagor in and to the same, and every part thereof, with the sppurtenanas of the said mortgagor in and to
the same, and every part and puoel thereof unto the said mortgages in fee simple. .
Md the mortgagor hereby covenants arith the mortgagee that he is indefeasibly esized 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 peaceably 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-
brances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be reason-
ably required, and that sr~d mortgagor does hereby fully warrant the title to said land, and every put thereof, and wt71 defend the same
against the lawful claims of all persoru whomsoever.
PROVIDED ALWAYS, and these presents an executed and delivead upon the following conditions, to wit:
The mortgagor agree: to pay the mortgagee, or order, the principal sum of Thirty thousand four hundred and
00/100 -Dollus(S 30,400.00 .
as evidenced by a note of even date herewith, with interest from date at the me of E1 even and one-half-----------------
per centum ( 11.5 96), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
offiaof Southern Mortgage Associates, Inc., 1999 SW 27th Avenue, Miami, Florida
or at such other place u the holder of the note may designate in writing, in monthly installments of Three hundred one a n d
26/100------------------------------------------------Dollars (S 301.26
I commencing on the first day of J d n u d ry ,19 80 ,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 not sooner paid, shall be due and payable on
~ the first day of December, 2009 . -
And shall duly , promptly, and fully perform, dischuge, execute, effect, complete, and comply with and abide by each and every the
stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby
created shall cease and be null and void.
Md the mortgagor further covenant! as follows:
1. That he will pay the indebtedne3it, as hercirtbefore provided. Privilege is rtserved to pay the debt in whole. or in an amount equal
~ to one or molt; monthly payments on the principal that ue next due on the note, oti tlid first day of any month prior to maturity:
f3ov~ded. hoNevbr, that written notice of an intention to exercise such prfirile~ is Given at least thirty (30) days prior to prepayment.
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