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THIS IS A
INTEREST,
AS STATED
MORTOAO[ O[[O RAMCO FORM IeE6 (o
IONS •OIIM
ALLOON MORTGAGE WITH THE ENTIRE BALANCE DUE UPON MATURITY, TOGETHER WITH ACCRUED
F ANY, AND ALL ADVANCEMENTS MADE 6Y THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE
ETON ~ ~ ~
~ ~.
Executed the 8th day a1 December ~~ (j.5$s A. D. tq 80 6y
JAMES A. LODEN and JEANETTE LOOEN, his wife
hereina(ler called the mortgagor, to
JOHN P, McANOREW and MARGARET E, McANDREW, his wife
hereinafter called the mortgagee:
(N'6errtrr uttd Amin the tertm "toortsaa;;oorr and "ttsortRasee" include aU the Parties to this imtrtusent and t4 hero,
kRa! npresenutites and anti m of individuate, and the wtrctarus and assi~m d cayaratiws; and the tern •'note"
includes ail tAe notes beretw t~riAed iI once than aae.)
~~tnessedt, that /or good and velua6le considerations, and also in consideration o/ the aggro
gnte sum named in the promissory note of even date herewith, hereinafter described, the mortgagor here-
by grants, barTtains, sells, aliens, remises, conveys and confirms unto the mortgagee al! the certain land
of which the mortgagor is now seized and in possession situate in $T, LUCIE County.
Florida, viz:
Lot 24, Block 249, PORT ST. LUCIE, SECTION SIX, according to the Plat
thereof as recorded in Plat Book 12, Page 36A of the Public Records
of St, Lucie County, Florida.
For the first year of the Mortgage, the Purchase Money Mortgage will be at
an interest rate of 13X, with payments of E144,84 monthly, At each anniver-
sary of the Purchase Money Mortgage, the interest rate will change to
1X below the current market rate. This rate will be established according
to the current rate being charged by FIRST FEDERAL SAVINGS 8 LOAN OF MARTIN
COUNTY, and FIRST NATIONAL BANK AND TRUST COMPANY OF STUART.
THIS IS A PURCHASE MONEY SECOND MORTGAGE,
~,, ~ 4,7cC.o0
R ""-';' ^ f [ Q, ~~ tN -AY!~lIT OF TAXE=
L ' _ _ . L:':.: •C' I'iTl.!;5 3LE P~ c:,r::.l P•2tlr^EIITY,
i :.. !IT TJ ~~i :PT:. 71-i::~, ACTS OF 1171.
F.;,ufR P~;ITi.AS
GI:~K p.:i,UiT i;Or'ttT, ST. WCE ~4. FLA.L~ir~
s~~344 P~f~~`36
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