HomeMy WebLinkAbout0826 • t
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1'11is Ingttu~t- PrepBted by:
StepheA C. ~tasigr. AttortteY
P. 0. Box 221 '
310 penvet Avenue - This torn is used in connactlpn
with mortgpas Insured under tM
$ttl8tt, FlOrlde 33494 one to tour-tamity provisions o1
• tM Natior?al Housing Act. e -
MORTGAGE -
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THIS IHORTGAGB, dated the 25th day of March , A.D. 19 80 , by and, between-
LOUISE HOUSTON a single woman and DAVID L. HOUSTON, a single man hereinafter
the mO~O1~ aa~ VANTAGE MORTGAGE ASSOCIATES, INC . , a Florida Corporation
, a corporation organlud and existing under the lava of Florida
' hereinafter called the mortgpgee.
gtIZNESSEI'N, that for divers good and valwbb ooasideratiow, and also is oortsidention of the aggregate sum nuned is the pro- - t
missory note hereiaafter described, the said mortgagor does hereby grant, bugain, sell, alien, remise, release, convey, and confirm unto the
said mortgagee all that certain piece, puoel, or tract of land of which the said mortgagor it now seined and possessed and m actual pos-
session, sitwte iA the county of ST. LUCIE ~ -
and State of Florida, described u follows:
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Lot 8, Block N, HARMONY HEIGHTS ADDITION, accord-
ing to the plat thereof recorded in Plat Book 8,
Page 38, of the Public Records of St. Lucie County,
Florida. ~~n = ~yo0 ryt PA1rfAE1R OF TARE=:
CUc il:i Ct.~SS 'C' IBT:0.46BLE PERSCltAI PROPERn~
CD Flie:o~:.Hi TO CIt;TTE' 71-:"4, ACTS OF lA7L {
3 i~~R PCsITfcAS
CL~RK gw:.ItiT COURT, Si. LYCIE 00. p,~.~
THIS IS A PURCHASE MONEY FIRST MORTGAGE EXECUTED FORTHE EX-
PRESS PURPOSE OF SECURING A PORTION OF THE PURCHASE PRICE OF
THE ABOVE-DESCRIBED PROPERTY.
To®ether with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rent:, issues,
proceeds, and profits accruing and to accrue from said premises, all of which ue included within the foregoing description and the haben-
d;?m thereof; -also all gas, steam, electric. water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and
power rystema, machines, ippliances, fixtures, and appurtenances, which now an 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 singulu the tenements, henditamenta and appurtenances thereunto be-
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, as 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 mortgagee in fee simple.
Md the mortgagor hereby covenants with the mortgagee that he is indefeasibly seiud 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 said mortgagor does hereby fully warrant the title to said land, and every part thereof, and wt71 defend the same
against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, and these presents an executed and delivered upon the following cwtditions, to wit:
The mortgagor agrees to pay the mortgagee, or order, the principal sum of Twenty-two thousand and 00/100
Dollars (s22, 000.00-------).
as evidenced by a note of even date herewith, with interest from date at the rate of Thirteen------------------------
per centum F-----------1396), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
of'ficeof Vantage Mortgage Associates, Inc., 317 Minorca Avenue, Coral Gables,
Florida 3334
or at such other p as the holder of the note may designate in writing, in monthly installments ofTwo hundred forty-three •
and 54/100---------------------------------------------~llars(5243.54
commencing on the first day. of May • , 19 80 ,and on the first day of each montfi thereafter untt~ the
principal and interest an fu0y paid, except that the fmal payment of principal and interest, if not sooner paid; shall be due and payable on
the first day of April, 2010 .
And shall duly ,promptly, and fully perform, dischuge, execute, efTect, 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. J
Md the mortgagor further covenants as follows:
1. That he will pay the indebtedness, as hereinbefore provided. Privilege is resemd 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 fast day of any month prior to maturity:
PI•ovided, however, that written notice of an intention to exercise such privile'e is given at lent thirty (30) days prior to prepayment.
Q STATE OF F!_Ott10A
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