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This form uss0 In connection
This Instrument Prepared by: with mort9pq insured under iM
Stephen C. Fras~ar 4ftOrney one- to lour-famiy provisions of
P. 0. Box 2210 tM National Housing Act.
st
~°rt°~ "3344 MORTGAGE
THIS t+[ORTGAGB, GaaateKKdii thggeEE~. y ~~3p0ptph h i i day of November ~ A~• 19 7 9 , by Gad. between
R tRhTe mEort~r; Gad nVANTAGE MOR~GE AS~OC 11~T~Sf
e~NC. , a Fl orida Corporation ~~~ef
a oorpontioa orpnised Gad exlstiag under the lava of Florida
hereiaafkr called the mort~ee.
. ,flat for divers rood Gad raluabk ooadrkrationa, Gad abo is otxuideratian of the aggregate sum Gamed in the pro-
misaury note hereinafter deacdbed, the said mortgagor does hereby grant, bargain, Gall, alien, remfae, rekaae, convey, and confirm unto the
aW mortgagee ail that esttaia piece, parcel, or tract of Lad of which the said mortgagor it now naiad Gad posaeaed and is actual pos-
aesaioa,situate is the county of ST , LUC I E
and State of Florida, dwaibed as follows:
~).1~
Lot 1, Block 7, FORT PIERCE HIGHLANDS, UNIT #~1,
according to the Plat thereof as recorded in
Plat Book 10, page 29,~ Public Records of St,
'n Lucie County, Florida, -
' ~ '
- - ~ r.n ~
rtt
***THIS IS A PURCHASE MONEY~FIRST MORTGAGE EXECUTED
~i J ~ ; ~ ~ ~ ~ FOR THE EXPRESS PURPOSE OF SECUR
ING A PORTION OF
t~~':'~~~~ THE PURCHASE PRICE OF THE ABOVE- DESCRIBED PROPERTY.
; .
" ~ Rsod~sd g In Payment OI Taresf
Ow On Class "C' Into rbls Persona r
~ Z - ~ r P oP'?~.
- ' ~ nwsuant To t:Aspter 71, 134, Acta Or • 8~1, .
- ' . i ROGER POITAAS ~}.~/S
` ~
- - _ ` CNrf CM~otrlt Ctstxt, SL Lads, Co., Rt+.
. ^y^~ -
Together with all structures and improvement: now and hereafter on aid land, and fixtures attached thereto, and all rents, issues,
proceeds, and profits accruing and to accrue from aid premises, 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, lighting, plumbing, ventilating, irrigating, and ,
power ry:tams, machines, app}ianoes, fixtures, 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.
TO HAVE AND TO HOLD the same, together with all and sirrgtrlat the tenements, hereditament: urd appurtenances thereunto be-
j longing or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and profits thereof, and also all
the estate, right, title, interest, 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 appurtenances of the said mortgagor in and to
the same, and every part and pucel thereof unto the said mortgsgee in fa :irnpk.
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 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 aaurances to prove the fee dmpk title to said land in said mortgagee as may be reason-
ably required, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and wr~l defend the sane
against the lawful claims of all persona whomsoever.
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 stun of Thirty-four thousand one hundred and
00/ 100- - - - - - - - - - - Dollars (S 34,100 , 00
ri as evidenced by a note of even date herewith, with interest from date ac the rate of Eleven 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
offioeof Southern Mortgage Associates, Inc„ 1999 SW 2?th Avenue, Miami, Florida
t or at such other placx as the holder of the note may designate in writing, in monthly installments of Three hundred thi rty-
3 seven and 93/100-------------------------------------------Douus(S 337.93
,mmencing on the firn day of January , 19 80 ,and on the fast day of each month thereafter until the r
principal and interest are fully aid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on
~ the fir:t day of December 009 .
h:
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 state hereby 1
~ created shall cease and be null and void.
Md the mortgagor further covenants as follows: I
1. Thtt he will pay the indebtednea, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
to one or more monthly payments on _the principal that ue next due on the note, on the lust day of any month prior to maturity:
Provided, however, that written notice of an intention to exercise such pririle~e is peen at kart thirty (30) days prior to prepayment.
LJAAA CT~TG nc e~ no~n~