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This Instrument Prepared by:
Stephen C. Frasier, Attorney
P. 0. Box 2210 485942 • This form is used in connection
~t0 Denver Avenue with mortpa0es insured under tM
Stuart, Florida 33494 one- to tour-tamiy provisions of
the National HOUt{inQ ACt-
MORTGAGE
THIS MORTGAGE, dated the 30 day of April , A.D. 19 80 , by and, between
HATPIE P. BRC~nIQ, a single wvnt~uz, FUIa.ICN BF~id, a single wo[ttan, and PAUL, t+~iITEHFAD,/ hereinafter
called the mortgagor, and V ~ AS90C,IF~, INC. , 8 Florida Oar'porat]An, a single man,
a corporation organized and existing under the laws of Florida ~
- hereinafter called the mortgagee.
WITNESSETH, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the pro-
missory note hereinafter described, the said mortgagor does hereby grant, bargain, sell, alien, remise, release, convey, and confirm unto the
said mortgagee all that certain piece, pazcel, or tract of land of which the said mortgagor is now seized and possessed and in actual pos- ~
session, situate in the county of STS I)(~•>~
and State of Florida, described as follows:
I
t
Lot No, 9, Block 2, as shown on the Plat of
PARADISE PARK, said plat having been recorded
in the office of the Clerk of the Circuit l
Court, Fort Pierce, Florida, on October 4, #
1946, in Plat Book 8, page 17.
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.
• RECflVfD; N6•oo 1!1 PA`.^~YT Of TAX>~ - - - ,
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5D F(ii+SJ:~'!i TO C,::,T:r.~ 71- •i, ~:TS (;f 1811. _ - ~ i
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Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the haben-
dum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and
puwer rystems, machines, appliances, 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 singular the tenements, hereditaments 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
t}~e estate, right, title, interest, homestead, 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 parcej thereof unto the said mortgagee in fee simple.
And 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-
hrances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as maybe reason-
ably required, and that said tnortgagut does hereby fully warrant the title to said land, and every part thereof, and will de)'end the same
against the lawful claims of all persons whomsoever. _
PROVIDED ALWAYS, and these presents are executed and delive~ed•upbn fife following conditions, to wit:
The mortgagor agrees to pay the mortgagee, or order, the principal sum of 'T'wenty-three thousand and 00/100- _
p dollars (S
23,000.00------
:,s evidenced by a note of even date herewith, with interest from date at the rate of Thirteen-----------------------
per centum ( __________13 ~o), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
~ office of Vantage Mortgage Associates, Inc., 317 Minorca Avenue, Coral Gables,
Flor~d~ 33134: t
«r at suc o er p ace as the holder of the note may designate in writing, in monthly installments of TWO hundred fifty-four
' and 61 100----------- .lbllars (S - 1
` / 254.61--------- .
3 commencing on the first day of J~1ne , 19 0 ,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 dtu and payable on
the first day of May , 2 010. 1
3
And shall duly ,promptly, and fully perform, discharge, 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. - {
And the mortgagor further covenants as follows: t
y ! .That he will pay the indebtedness, 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 are next due on the note, on the first day of any month prior to maturity:
f'r~wiJeJ, however, that written notice of an intention to exercise such privilege is given at least thirty (30) days prior to prepayment.
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t Previous Edition May tae Used Until Exhausted ~ P • ~ ~ l~/ ~ STATE OF FLORIDA
Q 1DV HUD-92110M (6-79)
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