HomeMy WebLinkAbout0371 taEPAREA tY: STEPAEM C. FRASI~ , ' ' ~ ~ ' ~ ~ 0
i011YEA 8 FRASIER. P. A. ~ pC
P. O. !!OX 2210 't~.7I0V This tone b usb in oonrNCtion
~ 10 DENVER AVENUE with mortpapes insured under tM
ATUART, fL/1. 33444 one- to tour-hmitt? provbions of
tM National Housing Aet.
MORTGAGE
TtIiLS YORTGAGB, Baled the 13 dq of Jtme . A.D.1980 , by and, betvreen
WII.LIS RIId; AID JC ,T!IJIB MAS KING his wife hereinafter
aided the aiosys~or. atad VANTAGB ~ AS90CI~ Ili. , a Florida Oorporate,
. a ooiposatioa ocymined ar~ exietiq under the laves of
Florida heteiaatter ealMd the mat0yee.
that fa divers Food alsd valtrabM coosideratioas, assd also in cosltlderatlan of the a~repte ,earl aarrled is the pro-
ariseosr twls he~Mr dear!bed, the aid mottp~a doe: hereby pant, bsrpin, ssll, siiea, rendse. releae, convey, and conftrnl unto the
,raid ~octMee ad tha4 asstaia pboe, parcel. a tact of hind of vrhich the aW mortpdot 4 now seined and po~bessed and is actual pos•
sesio~, situate i• the oolrsagr of
and Stars o[ F7osida, daaibed es fallow:
Lot 17 and 18, Blncdc 2, ANGLLITILIA S(1QDIVISION ~ ` cn
aoo~rding to the Plat thereof as reooY~ded in . ' ~ ' r~
Plat >3oolc 9, page 15, of the Public Iaeoards of ' - '
v
St. Lucie QotHtty, Florida. _ ; r ; r .
;v:
i
This is a ptn~+chase lrror~ey first mortgage i . ;4 ~ - ~ -
e~oecuted far the egress putpose of . " -
securing a portion of the purd~ase price _
of the property. • '
'
q5 as~~ s Sy-6o I!1 [tAYM~'tT @f TA)~ . _ - , : ~ .
It). L"~ : i Ct:..r; •l:' 1'i~.'.':~ aeE PFD c~`~l P?`.?T7tT1.
f4:.:,::.?iT T3 : ;~".:'T~. % T:-. ~:4, RATS pf 197E
' i..:.3 Ps1:rAS
gAt;li,T CG11itT, ST. t.YiJE Hig
Tosether with ~ strlscdrres and improvements now and hereafter on said land, and fixtures attached thereto, and all rent:, issues,
proceeds, and profits aoauioa and to accrue from said premises, all of vrbida are included within the foregoing description and the haben-
Bum thereof; ahio all gas, steam, electric, water,'add other beating, cooking, refrigentiog,lighting, plumbing, ventilating, irrigating, and
power systems, madairaes, spplianoes, factures, sad appurtenances, which now are or may hereafter pertain to, or be used with, in, or on
said presoisa, evea though_tbry be detached or detachable. ~
TO HAVE AND T'O HOLD the same, together with all and singular the tenements, henditamerits and appurtenances thenuato be-
! longing or is anywise appertaiairig, and the reversion and aversions, remainder or remainders, rents, im,es, and profits thereof, and also all i
the estate, right, title, interest, homestead, Bawer and right of dourer, stpante estate, possession, claim and demand whatsoever, as well in $
f law as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenauoes of the said mortgagor in and to
the same, and every put and parcel thereof unto the said mortpgee in fee simple.
And the mortgagor hereby covenants with the mortgagee flat he is indefea:i'bly seized of said land in fa simple; that he has full
t power and lawful right to oomrey the same in fee simple as aforesaid; thit it shall be lawful for the mortgagee. at all times peaceably and
quietly to enter upon, hold, ocrxrP3r, and enjoy said land, and every put thereof; that the land is and will remain free from all encum- t
brarioes; that said mortgagor will make such further assurances to prove the foe simple title to:sid land in said mortgagee a: may be reason-
ably reglaired, and that said mortgagor does hereby fusty warrant the title to said land, and every part thereof, and will defend the same ~
against the lausfd Basins of all persons whomsoever. `
PROVmF.D ALMIAYS, and these presents are executed and delivered upon the following conditions, to wit:
The mortpgor agrees to pay the mortgagee, or order, the principal sum of
I 4~s1ty - sever! thousand three hwldred and 00/100 DOS (=27, 300.00---
with is st from date at the nk of
as evidenced by a note of even date henwrth, ten Eleven and one-half
per centum ( u. 596), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
office of
Vantage p Associates, Inc., 317 1±4inorca Avenue, t3oral Gable, F1oriJa
or at such other place ss the odder of the note may designate in writing, in moatWy installments of
F Teo hundred seventy arld 54/100 (2170.54
~ commencing on the first day of July ,1980 ,and on the first day of each month thereafter until the
princi~l and 'interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and.payabk on
the fast day of June, 2010.
} Md 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 herby
crated shall cease and be null and void. i
Md the mortgAgor further covenants as follows:
1. That he vrtll pay the indebtedness, as hereinbefon provided. Privilege is raernd to pay the debt in whole, or in an amount equal
to oae or more monthly payrrierits on the principal that are next due on the note, oe the first day of any month prior to maturity:
i'?o>•ided, however, that written notice of an intention to exetcia such privilege is given at last thirty (30) days prior to prepayment.
R~pbws Form FHA-2110M, whirl. a ObtoNt~ B~l~~ t~ ~ STATE OF FLORIDA
HUD-92110M (12.78)