HomeMy WebLinkAbout0959 F~W 094159385-0-703 ~ ~ • ~
7`~~ This form is used in connection
with mo?tgafles insured und8r the
ona- to tour-famiy provisions ot
the Nalional Housinfl Act.
MORTGAGE
THIS MORTGAGE, dated the 25th day of .1tme , A.D. 19 86 , by and, between ~
I.EO LFSSARD~ A SINGIE AD[)LT hereinafter ~
called the mortgagor, and ALLIANCE NpRP(',AGE OOP'~ANY ~
, a corporation organiied and existing under the laws of ~ STATE OF FLARIDA ~
hereinafter called the mortgagee. "
WITNESSETH, tnat for divers good and valuable considerations, and aDso in consideration of the aggregate sum named in the pra ~
n~issory note hereinafter described, the said mortgagor dces hereby grant, bargain, sell, alien, remise, release, convey, and confirm 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 ST. LUCIE
and State of Florida, described as fol(ows: i
From the S.E. Gorner of the S~1 1/4 of the SW ~/4 of Section 17, Township 35 S., Range 40 E., k
run North on East side of said SW 1/4 of SW 1/4 a distance of 349.32 feet, thence West
parallel with the South side of said SW 1/4 of SW i/4, a distance of 30 feet to Point of
Beginning, thence continue West a distance of 130.3 fe~t, thence North r~rith a forward angle
of 87 degrees and 54 minutes a distance of SO feet, thence East parallel with South line
a distance of 133.25 feet, thence South 49.97 feet to the Point of Beginning. Also Lot 22,
Bl.ock 4, Tottens S:tbdivision, more particularly described as follows: From the S.E. Carner
of the SW 1/4 of the SW 1/4 0£ Section 17, Township 35 S., Range 40 E., run North on East
side of said SW 1/4 of SW 1/4 a distance of 349.32 feet, thence West parallel with Lhe
South line of said SW 1/4 of SW 1/4 a distance of 160.3 feet to Point of Beginnir~g; thence
cantinue West 145 feet, thence North with a forward angle of 87 degrees, 54 minutes, a
distance of SO feet, thence East parallel with South line a distance of 145 feet, thence
South SO feet ta Beginnir~g, containing 0.17 acres. Said lands lying and being in St. Iucie
County, Florida. 3a, ~ ~
F,;. ~sd f~2~_ in Paymerst Of TRxe~
Du~ O, ~lass "C" iM:.ngible Personal Property,
i'ursur• . To Chept~r 71,134, A~ts Of 13'71.
ROGER PJRRAS '
Clrrfc Circuk ~ourL SL Ltrde, Co,, Fla.
I
Together with all structures and improvements now and hereafter on said land, and fxtures attached thereto, and all rents, issues, ;
proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing descriptian and the haben-
dum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lip,hting, plumbing, ventilating, irrigating, and ~
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 ti~e same, together with all and singular the tenements, hereditaments and appurtenances thereunio be-
tonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rehts, issues, and profits thereof, and also all
tt~e estate, right, title, interest, homestead. separate estate, possessien, claim. and demand whatsoever, as well in law as in equity, of the a
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 parcel thereof unto the said mortgagee in fee simple.
And the mortgagor hereby covenants with the mortgagee that he is indeieasibly seized of said land in fee simpie; that he has full
pawer and lawful right to convey the same in fee simpte as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and
yuietty to enter upon, ho1d, occupy, and enjoy said land, and every part thereof; that the land is and will remain frPe 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 rzquired, and that said mor:gagoi dces hereby fully warrant the title to said land, and every pazt thereof, and will defend the same
against the lawful claims of all persons whomsoever.
. PROVIDED ALWAYS, and these presents are executed and delivered upon the foliowing conditions, to wit:
: The mortgagor agrees to pay the mortgagee, or order, the principal sum of THIRTY ZWO THOUSAND 1W0 HUNURED FOUR
AND NO/100------------------------~---------------------------- Dotlars(S 32~204.00
as evidenced by a note of even date herewith, with interest from date at the rate of T~HN AND ONE-HAI.F
per centum ( 10.5 per annum on the unpaid balance until paid. The said principal and interest shall be payable at the
office of A1Ziance Mortgage Car?pany at P.O. Box 4130 in Jacksarn~ille, Florida 32231
or at such other place as the holder of the note may designate in writing, in monthly installments of T~-~tEE HUNDRID FIF'TY
FIVE AND 98/100------------------------------------------------ Dollars(~ 355.98
commencing on the first day of August , 19 86 , and on the first day of each month thereafter until the
principai and interest are fully paid, except that ihe final payment of principal and interest, if not sooner paid, shall be due and payable on
the first day of July~ 2001.
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 hereby
created shall cease and be null and void.
And the morigagor further covenants as follows:
1. That he wili 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 an 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 exercise such privilege is given at least thirty (30) days prior to prepayment,
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505 `
Previous Edition May Be Used Until Exhausted ~60K ~ STATE OF FLORI~A
- HUD-92110M (6-79)
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