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This instrument was prepared by:
.STF.EHEN . G.. FRASJER.,. ESQ.
.SOIvlMER F.BASIER, . P..A.
~ u Ue~tver Avsnua
MORTGAGE Sox 2210
Stua~ Fla. 33494
THIS MORTGAGE is made this ...2 ~ ..day of ..l; ~hrwary .
19 . ~0, between the Mortgagor, . SxRNF.X . F... W~THFRAx,I~. ,~md..SU&AN..E WETIIERALL,.. his .
,W~.~@ ~ (herein "Borrower"), and the Mortgagee, .$Q.LZT(~i~....... .
. MORTGAG$ , ASSOCIATES,, , I~IC:... a corporation organized and
existin under the laws of ....~~1e Skate , of ~~aRQas whose address is . ~.9 ~ ~ ~ W • .
27 Ayenue t ,Miami,. F~.o;~.de ...~~14~ (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of. ~ortyrF.our .Thousand .and .
.One .htuidLed. and .00,/.10A----------rr..-:Dollars, which indebtedness is evidenced by Borrower's
note dated . February. 22 , ..1980... (herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on... March . l.~ .2x09• • •
To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this
Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment
of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower does hereby mortgage, grant. and convey to Lender the following described property -
located in the County of..... S:t..Lucie State of Florida:
Lot 27, Block 1494, PORT ST. LUCIE SECTION
SIXTEEN, according to the Plat thereof, as
recorded in Plat Book 13, pages 7 and 7A
through 7C, of the Public Records of St.
Lucie County, Florida.
THIS IS A PURCHASE MONEY FIRST MORTGAGE
EXECUTED FOR THE EXPRESS PURPOSE OF SECUR-
ING APORTION OF THE PURCHASE PRICE OF THE
ABOVE-DESCRIBED PROPERTY.
E RiCE1YED = S S. aT O ~ PAYit£NT OF TAXEg
• (5 DUE ON CLASS 'C' INTAti6 SlE P: RSDNAL PitOP~Q
PWiSUAttT TO GNAPTER 11•.:4, Iu:TS OF ~i '
~
ROPER PtNTMS
I~FiK CiP~ GOt~tT. iT. tgC1E CO„ R~~'~-
[ -
~ i F-~- - ' F- S L_ ~ I -
_ ~n - ,
.PO]Ct. St...Ltl~l
which has the address of...2942 -Southwest. Port .St. -Lucie •$1.vd..- • • • • e+
[Straetl [Ciryl
F~.O>~ ~c~~ - , ..33.452........ (herein "Property Address");
(stab sna zip coa.) -
TocETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
appurtenances, rents, royalties, mineral, oil and gas rights and profiTs, water, water rights, and water stock, and all
fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said
property (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
grant and convey the Property, that the Property is unencumbered, and that Bottower will warrant and defend
generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions
listed in a schedule of exceptions to coverage in any title insurance policy insuring Lenders intet~est in the Property.
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