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Thn instrwnrnt wt~. preptra~l b~•:
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EsT51 Wrst Bn.yarJ ISwila•.ani
f'lantation. Flurida :i:~:tGJ
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...... J~i'...30th, 1981......... ..1 s81. . b~•
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...... J.O~iD1...tetZL.LIS...ADiD...B ESSIE...MAE...~[I.LLIS.,BIS...4~tLF.E .......................................................................
rcferred to here as "Mort~ta~or", to .QZAR~t...FZt+lAt1C.IAL...C~6tPQRAT.IDD1...f~F...AMF.RI~A...AI~II~/..OR..ASSIGNS
........................................................................................................................... . referred to here as "Mortgagce". The terms
"MortgaRor" anci "Mortgagee" inctude ail parties to this instrument and heirs, icgal representatives and as.~iRns of
individuals and rnrporations; and the term "note' includes all notes described here e~en if more than one.
~11r ~ljlT~ tUli~ ~t~li~~.UIY ~11~$~prFltj~$ and also in cansideration !or thc sum
named in the Promissory Note of even date with this mortgage, described here, Mort~taRor does Arant, barRain. ~ell and
convey to Mortgagee, in fee simple, that certain tract of land ~hich Mortgagor is now• the leKal ow•ner and is in actual
pos.session. situated in ......................................~5'~.r...~t3C~.g......_..........................................................................................
County. State of Florida, described as follows: .
LOT 8, PINAR SUBDIVISION, UNIT 2, AS PER PLAT THEREOF ON
FILE IN PLAT BOOK 15, PAGE 26 OF THE PUBLIC RECORDS OF
ST. LUCIE COUNTY, FtORIDA.
;•'.:~'."l:-~ S d0.0~ 111 P~'^':NT ~f T11ffE~
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THE MORTGAGORS DO NOT INTEND OR EXPECT TO PAY, NOR DOES THE
HOLDER HEREOF INTENn OR EXPECT TO CHARGE, ACCEPT OR COLCECT
ANY INTER£ST GREATER THAN THE HIGHEST LEGAL RATE OF INTEREST
WHICH MAY BE CHARGED UNOER THE LAWS OF THE STATE OF FLORIJA.
SHOULD THE ACCELERATIONI HEREOF OR ANY CHARGES MADE HEREUN~ER
R£SULT IN THB'COMPUTATION OR EARNINGS OF INTEREST IN EXCESS
OF SUCH LEGAL RATE, ANY AND ACC SUCH EXCESS SHALL BE AND
THE SAME IS HEREBY WAZVED 9Y THE HOLDER HEREOF, AND ANY SUCH
EXCESS SHALL BE CREDITEQ BY THE HOLDER TO THE BALANCE HEREOF
N.B. PRINCIPAL AMOUNT OF THIS MORTGAGE IS S 20,000.00
toRether H ith all structures and improvement~s and personal proTx~rty no~~• on the land or placed on the land after this date
toRether w~ith all attached tixtures, tenemenLv, herecliiaments, casemer!ts and appurtenances belonRinR to the propert~•
or in any w•ay relatinR and the rents and protit~s of it all the estate, riRht, title and interest and all claimsand demands of
w•hatever kind, of MortRaKor t~ the property and ever~• part and ~-arcel uf it, and a!I fixtures noN• attached or that ma~•
become attachcYl in the future usc~l in connection w•ith the premiu~ de~critxcl includinR all household appliances w•hich
shall be deemed to be fixtures and a part of the rcal estate and a~rtion of tne securit~• for the indebtedne~.ti mentionecl
here.
~+Q ~tta~ ttY~ ~~pilr the same. toRether ~~•ith tenemen~s, hereclitaments and appurtenances unto
morfRaRee, it~s succes.tirors, and as.tiiAns, ir. fee simple.
~~~~r aArcrs w•ith mortgaRee, it's succe~.wrs, le~al representati~•es and aatii~ns that 11ortRaKor is
indefea5ibh• seiseci ot the rnal prn~~erty in fee simple and that NortRaRor has full and laN•(ul riRht to com•e~• the real
propert~~ in fee simple: and that the reai propert~• is free frnm all encumbrances and that MortRagor w~ill take such
further action as is necessan• to protect the fee simple title of thc real propert~• in mortqaKee, it's s~cces.,or-s, leRal
repre.gentatives and assiRns, a~ ma~• be reas~~nabl~~ rnquired: thai said MortRaAor d~c fuli~• ~~•arrant the title to the real
property and w•ill defend it aRainst la~sful claims of all per.sons ~~•hom ever.
O'I.! ~IT(:; 5110/:3,/80 I'aRe 1 nf a 11~ 34~ ~.W V
f~~+7K PAGE
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