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Home My WebLink About0581f 'J Stt~1(i0 ., ~~ This lo-m i• used In connactiprt with mortda9aa Insured under tM or-~• to lour•famiy provisions of tM National HousinU Act. MORTGAGE THIS NORTGACB, dated the 1st daY ~ December . A.D. 19 g 0 , by and, between ARTHUR E. ROSS and IRENE ROSS, his wife, hereinafter called the mortgagor, and VANTAGE MORTGAGE ASSOCIATES, INC. , a Florida corporation, a corporation organized and exbWrg under the lawn of Florida hereinafter called the mortgagee. SiR7t~lESSEt'H, that for divers good and valtubb oostsideraHotu, sad abo is oondderation of the aggregate stun named in the pro- missory note hereinaRer descdbed, the acid mortgagor does hereby grant, bargain, sell, lien, remise, release, convey, and confirm unto the said mortgagee all that certain piece, parcel, or tract of land of virtticlt the said mortgagor k novr seized and possessed and in actual pos• session, situate in the county of St . Lucie and State of Florida, described ss follows: Lot 36 and the East one-half of Lot 37, Plat of ALTADENA SUBDIVISION, as per Plat thereof recorded in Plat Book 4, at Page 71, of the Public Records of St. Lucie County, Florida. 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. S'° ,~j ~ ~ Recwhred ~ -~ ~ ` ~~ In Payment pf Taxes Oue On Class "C.. lntan able Persona pr a _ 8 ~ on . rjy _ _ pursuant To Chapter 71, t34. Acts Ot +a71, • ROGER POITRAS ~~' i _ r'IMS Circuit Court. St. Lucre, Co., Fla,. - _ r Together with all swctuns 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 ue included within the foregoing description and the haben- dum thereof; also all gas, rieam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power rystems, machines, appliarraxa, fixtures, and appurtenanaxa, 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 acme, together with all and singulu the tenements, hereditament: 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 u 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 puce) thereof unto the said mortgagee in fee simple. Md the mortgagor hereby covenants with the mortgages that he is indefeasibly seized of said land. in fee simple; that he hu 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 wurant the title to said land, and every put thereof, and will defend the same against the lawful claims of all persona whomsoever. PROVIDED ALWAYS, and these presents are execuud and delivered upon the following conditions, to wit: The mortgagor agras to pay the mortgagee, or order, the principal sum of TWENTY-FIVE THOUSAND AND 00/100---------------------- Dollus(525,000.00------), as evidenced by a note of even date herewith, with interest from dace at the rate of thirteen and one-half --_----- per centum (--- 13-1/2--- 96), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the offioeof Vantage Mortgage Associates, Inc., 317 Minorca Avenue, Coral Gables, Florida 33134, or at such other placx u the holder of the note may designate in writing, in monthly installments of Two Hundred Eighty - Six and 50/100---------------------------------------- Dollars (5286.50-------- )• commencing on the fast day of January , 19 81 ,and on the fast 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 due and payable on the first day of December, 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. Md the mortgagor further covenants as follows: I .That he will pay the imlebtedness, 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 ue next due on the note, on the first day of any month prior to maturity: Provided, however, that written notice of an intention to exercise such privilege is given at least thirty (30) days prior to prepayment. 't e,>~34~4 F~ 581 Replete: Fo-m FHA•2110M, which is Otrsolete STATE OF FLORIDA HUO.92110M 112-7t3)