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' 1800840 DS
.
496911 Thi: form is used in oonn.ction
with mortQapas insured under ifra
ores- to four•family provision>ti of
tM National Harainp Act.
MORTGAGE
THIS MORTGAGE, dated the ~ ZOth day of August , A.D. 19 80 , by and, between
Willie Andrew Ruffin and Annie M. Rufrin, hie Wife hereinafter
called the mortgagor, and Suburban Coastal Corp.
a corporation organized and existing under the laws of the State of New Jersey
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 confum unto the
said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now seized and possessed and in actual pos•
session, situate in the county of gt, Lucie
and State of Florida, described as follows:
The hest 75 feet of the South 113 feet of Lot 25, REVISSD~PLAT OF HONE ACRES _
UNIT N0. 2, a Subdivision according to the Plat thereof recorded in Plat Book
7, page 42 of the Public Reeorda of 3t. Lucie County, Florida.
To and including Range, Refrigerator and Air Conditioning hall Unit therein.
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This instrtment prepared by:
R. David Shuman, Jr.
Lawyers Title Insurance Corporation
P. 0. Box 3845
Ft. Pierce, Florida 33454
Incident to the issuance of a title insurance contract. -1800840
Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, iswes, ,
proceeds, and profits accruing and to acxrue 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, ventt7ating, irrigating, and t
power systems, 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
the estate, right, title, interest, homestead, separate estate, possession, claim and demand whatsoever, u well in law as in equity, of the
j 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
l and parcel 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- I
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 wr71 defend the same
against the lawful claims of all persons 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 sum of '
Thirty-Two Thousand, Five Htmdred and No/100 ----------------------Dollan(S 32,500.00
Twelve ~
as evidenced by a note of even date herewith, with interest from date at the rate of
per centum ( 12.00 ;l;), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
office of Suburban Coastal Corp. -
P. 0. Box 1328, Passaic, New Jersey 07055
or at such other place as the holder of the note may designate in writing, in monthly installments of
Three Hundred Thirty-Four and 43/100 ------------------------------Dollars (S 334.43
commencing on the first day of potp~ ,19 80 ,and on the first day of each month thereafter until the
principal and interest are fully paid, except that the fmal payment of principal and interest, if not sooner paid, shall be due and payable on
the first day of September, 2010.
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:
1. 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:
Provided, however, that written notice of an intention to exttcise such l~e>F is given at least thirty (30) days prior to prepayment.
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Previous Edition May Be Ussd Until Exhsusts+d gQ~~~ Pw[ ~rVtJ STATE OF FLORIDA t
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