HomeMy WebLinkAbout2736 . .,i~' ?!l u G r... : ~ ~
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N A r
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STATE OF fLOR10A
This fam is used ~n c~nnection
FHA FORM NO 2110 m with mort~ages insured under the ~
Revised May 1971 one- to fou~-family provis~ons of
t~e National Housing Act. ~
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AiORTGAGE ~
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THIS MORTGAGE, data! tht 1~t7 day d?anuary . A. D. 19 ''2 , by and
be~wcen C_?4~G~ BUC w4':D,L' ar.d .ii'nI I•. Bt'C~It1?:(1N, ~tis uife •
hereinafter calkd thc mcxtsasor, and
ATI~O '_-R?RTGA~:,E CO?tP0
u~TItY.~
, a corpcxacion or6anizod and exiuing under the laws of St ~te nf- i lerir a
, herdnaftu called the monga~ee.
Wt7NESSETN, that tor divers good and valuable considerations, and also in considtxation of the aggregate sum namod in the i
promissory note hereiaafter dcscribed, tAe said mortjagor does hereby Qrant, buQaia. xll, aliea, remise. relsse, convey, and confirm unto
the said moRpsee all that certaia piece, pareel. or tnct of iand of which the said mortgagor is now scized and pos.ussrd and in acwa)
posscssion, siwate ia lhc county of ,;,uci ~
and Stste of Florida, describod as fdlows: ~
i.ot 9.nu th.. South 1°~ reet ~f ;.ot 1~, E2ock G, :-'.i:.~t'II.~~ ~ST~1:ES,
a 5.~h:~iv; si-~.2 4s ~er ~~Lat ther^of reeor~~:d in -1a*_ rook S, ~aae i;,
F::51i~ ~.::cor~~ c r St .~LCi~ ~Jl;;1Ly. F'_ori:.a.
hs a~ditional se~urit~ for thL pay~ent of th,: incebt: cf:.ess sec~2red by ~
~h:s r~~rt~,a~e, t}:: f~llo~.ind r.on-r^zl estste itens ar~ included:
- Sir.g~r r~:uc~rican :l~c . F~rnac~
0. Srnith T:l~c. ti'., hc~t: r ~
~ ~ ~'.;1~~:0u5£ :cins~ - -
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~ _ ~ ~ ~ «Y~ ~ Y~ TLis iutmn:~f preparcd 6~
ouE ~K tx~s ~ prr~sietE ~a. Pao~cnr, t!. D. ECGTH
; n?r~wtr ro d~wtat 7i•t3~. ~cis oF ~n. ~ kAtT ANp TITLE CORP. OF FLORIQA
C ~0" P. 0. BGX 2?37 . VERO BEACH, FLORIDA
~ ~~oz..C~~ iecideat to a tide iasmaece traosactioa
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~ J~:i.:: f.~{:~~.;^_!i.'.~t3~y ~Zc.a:i~S 3~i~\~C~ ~~_i.. Li~~f:~~.~ :2C~t. 3.^.4 ~~=i:1C~
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$ Togeeher with all structures and improvements rww and hereafter on said land, and fixtura attached thereto, and all rents, iuues. +
~ proceeais. ar~d profits accruing arni to accrue from saiel premi~es, all of which are inefueied within the foregoing description and the
: habendum thereof: also all gas. ueam, rlectric, water, and aher heating, eooking. reirigeraung, lighung, plumbing, ventilating. irrigating,
~ and puwer systems, rr~hinrs, appliances, fixwres, and appurtenackes, ~+hi.h now are .x may hercafter pertain to, or be uxd with, ~n, ur
~ un said prem~ses. even thouah they be detachecf a detxhable_
~ 70 HAVE A'VD TO HUI.D the samc, [ogether v?~th all and singular the tenements. hereditame~ts and appurtenances thereunio
i belonging or in anywisc apgertnsnir.g, aad the revcrsiun and re~ersiuns, remainJer or remainJers, rents, issues, and profiu thereof, and
- alao all thc tstale, right, titit_ interest, homesitad, dower ~nd right vf dower, separate estate, p~.se+~iun. cl:?im anJ demarx! v?hatsixver, as
` well in law as in oquity, of the said mortgagor in and w the same, arul cvery part Ificreof, with the appurlenances uf the saiJ murtgagur in
; arni to the same, and every part and parcd thereof unto thc sa~d mortgagee in fec simple.
~ And the mortaagor hercby convenants with the mcxtgagee that he i~ ~ndefeasibly ~e~zed uf ~aid land in fee simple: that he has full
powa and lawful ri~ht to convey tbe same in fee simple as aforuaid; that it shall bt law~ful for the mortgagec, at all times peaceably and
~ qu~eQy ~o enter upon, hold, occupy. aax! enjoy ~aid land, and every pan thrreof; that tnr IanJ is arxi w•ill remain free from all
~ encumbrances: that said mor~gagor ~ill make such further aauranccs to prove the fee simple title to ~aid 1:+rn1 in said mortgagce as may be
3 rrawnably required. and that wid r?x>rtgagor Joe~ herebq fully warrant the ~ide to sa~d l~nd. and every part therrof, and w~ifl de(erxi the
y same against the lawful claims of all penons whomsoever.
~ PROYIDED ALWAYS, and these prescnts ue executal and dclivcrai upon the fulbw•ing cundiUOm, to w•~t: ~
_ "ITie mortgaaor a~ces to pay the mort~ee. or order. iht pnncipal sum of ~ ; : ~ • - - ~ ~ ' : . ~ _ - - ~ ~
Dullan !t ' 1, as evidenced by a note nf eveo date hcrcwi~h. with interest from date at the
~ti ra~c of J. per centum 1 `~c ) pcr annum on thc unpaid balaace ~
~ until paid. The said principa! and intacst shall be payable at lhe office of 4;;(j ; F~ i,~,;,~. ~;:}.:c i.•i'.:.TZ:;:~ .
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or at wch uther placc as the hoider of the note may designate in writing, in rtwnthly installments of : t;~ ; t.:-i
3 _~_------------------------------------DollaralS 1~2..µ ?.commencingon
the first day of Y'• , 19 , and on ?he fint Qay of each month thereafter until the principal
and interest are fully pud, except that the finat paymcnt of prictupal and interest, if not sooner pa~d, shall be due and payable on the first
day of _ ~,~a.-• , Z`1(?? . .
And shali duly, promptly, and fully pcrfam, discharae, execute, efTect, complete, and comply with and abide by each and every
the stipulations, ageements, conditions, and covenants of said promissory note and d this mortgage, then this mortgage and tht estate
hereby created shall cta.x and be null and void.
And thc morigagor further covenants as follows:
~ 1. That he witl pay the indeblaintss, as he~einbefore provided. Pri~•ilege ~s rtserved to Qay the debt in whole. a~n an amount cyual
=3 tv one or more rtwMhly payments on the principal that are neat due on the note, on the fint day of any monlh prior to matunty: ftiu~vded,
r,y3 !
~ however, that written ndite of an intem~on to exercise such privilege is given at Icast thiriy 1301 days Frior to prepaymtn1; and, proviJeJ ~
:urther, thai in the evenl the dcM is paid in ful{ prior to maturity and at ~hat time it is ~mured under the prov~sions of the Nat~unal
~`s Housing Act, he will pay to the mortEaEee an adjusted premium chuge of one per cenwm (19F ) of ~he oriai~al principal amount thereof. ~
except that in no event shall the ad~usted premiom exceecl the ag~tregate artwunt uf premium ch~r~es wAich woulJ have been payable if the
mortaa~e had continued to be insured until mawnty: wch payment to be applied b~r the mextsasee upon ~ts ot,ligadon io the Secretuy u(
- Housine and Urban Devebpment on accuunt of matgage ~nwru?ce. ~
- ~ocx19$ r„c:2?33 ~
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