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HomeMy WebLinkAbout2740 ^ 1 ~j C V , •t i. ~ . ~ ` . t-~ ? ~ a '~i~. :lCli'~~E,, "/~~'._^5 ti i ; _ ..J~: - . w . ~o ~`Z~236~ ~ STATE OF fIORIDA This tam is used in conncction FHA FORM NO 2110 m with mort~es insured under the Revised May 1971 one- to four-family p~ovisions ot the National Housing Act. MORTGAGE TNIS MORTGAGE, dated tht 17th daY ~ JaZU~ry . A. D. 19 , by a~d ~~WK^ SHI?LEY A, BLa.'~TON, an ~dult koman • ~ he~eioafler callcd the mort~asor, and ~ ATICO ~lORTGAGE CORPORATION ~ } . a corporation organized and existing uaJer the laws of State o f Florida ~ . hereinafier callad the mortBagee• ~ WITNESSETH, that for divers ~ood and valusble consiJerations, and also in consideratiun of the aggregate sum namai in the promisaory note hereinafter describod, the said mortgagor does hereby ~ran~ bug~in, sell. alien, remise. relase. convey. and confirm unto ' tAe said mortgaget all that certain piece, parcel, or tract of tand of v?•hich the said mortaa~c. is now scized and posses.xd and in actual posscssion~ sitwte in the counry ~f $t . Lucie and State of Flarida, described u follows: iot '~4~ ltss the East 4 feet thereof, Block K, :~lARA~'ILLA ESTATES, as r~~orde~ in P11t g~o'.c 8, page 77, Public ~ecords of St. Lucie County, Florida. ~s ~3ditional security for the pay~nent of the indebtedness secured by this mortgage, the following non-rea2 estate items are included: Sing~~r Electric F~rnace ;n'estinghouse KF-230 Range c RECfiYfD =.-310-----_ i~t PAYM~41 Ot TAXES LtiE ch ct1?s3 'C H.'~AltG:ai~ ?~:~~~wlt PkoPF~tTY. Tbis ioatraae.t ~epared b ~ p1~IS11~Ni TO CNAP~FR 71•13A. /rCiS Of 191L I~. C. EQOTH ~ ~ ~ ~ ~ : L:1 FAiT AND T1TLE CORP. OF FLORIDA ~ ' F. 0. BC X 2737 . YERO BE.1CH, FLORlOA ~ E ir cident to a title ia:nrance transactioa. f ~ ~ t ~ State 3ocumentary stamps affi:ced to the original note and cancelled. ~ Together with al! suuctures and improvements now and hereafter on said land, and fixtures attachai thereto, and all rents, issues. ~ } proceeds, ard profits accruing and to accrue from said premises, all of which are include~i w•ithin the foregoing description and the ~ habendum thercof; also all gas, titeam, electric, water, and other heating, c~oking, rcfrigerating, lighting, plumbing, vrntilating. irrigating. and power syslems, mxhines, appliacues, fixtures, and appurtenatkes, which nuw are or may hereafter pertain to, or t+e used with, in, or ~ on saiJ premises, evrn though they be detachni ix detachable. TO HAVE AND TO HOI.D the ~ame, tugrther with all and singular the tenements, hereditaments and appurtenances thereunto bdunging ar in anywise appertaining, and the reveniun anJ re~enwns, remainder or remain~krs, rents, issues, and profits thereof, and ~ alw a!1 the estate, righ4 titl~, interest, humestead, dvwcr and right uf Jow~r, xparate estate, possessiun, claim anei clemand whatsoever, as ~ well in law as in oquity, of the said mortgagor in and to the same, and eve~y pan thcreof, with thc appurtenances of the said mortgagor in 4 ~ and to the same, and every part and parcel thereof unto the said mortgagee in fee simple. ~ ? ??nd the mortgagor htreby convrnants with the mortgager that he is indefeasibly seized of said land in fee simple; Ihat he has full ~ power aad lawful risht to convey the same in fce simple as aforesaid; that it shall be lawful for the mortgageq at all times peaceably and ~ ~ quietly to enter upon, huld, occupp, and enjoy said IanJ, and every part thereof; that the lancl is and wiU remain free from all ~ encumbrances: that said mortgagor will make such further auurarhes to prore the fee simple tide to said lanJ in said mextgagee as may be 3 t reaw~ably roquired, anJ that said mortgagor does hercby fully warrant the litle to said land. and ~ver~• part thereof. anJ w ill defend the ~ ~ same against the lawful claims of all persons whomsoever. ! ; PROVIDED ALWAYS, and these presents are eaec;uted and delivercd upon the follow•ing corxiitions, to w~ic ~ - Ttx mortgsaor aBeas to pay the mortgagee, or order, the prindpal sum of EIG?:T~.:E;: THC~L'5i~t~ i CL':. HL3„'~i P.~:D and 00/ i00 ~ t [hillara (S 18 , 400 .0~ as cviJenced by a note of even date herewith, with interest from date at the ~ rate of SE~'E'.•: per cenwm ( --7-- qc ) per annum on the unpaid balance i ~ unul pa~d. The said princ~pai and intaest shall be payable at the office of ATICO ~~ORTGkI'cL CORPOF.ATZO~ P. 0. Bo:: ?131. :~!ia.•ni, Florida 331^1 ~ or at wch other place as the holder of the note may designate in wnting, in rtwnthly ~osY~llments of QTle ~:undred Ttaenty-Tk O ~ ' ~n~' ~4/100--------------------------------- Dollars~,f I22.54 ).commencingon the first day of . i S~rCii . 19 72, aod on the first day o: each month thereafter until the principal ~ _ and interest arc fully paid, eacept that the final payment of principal.a~~J ~nter~st, if nut sooner paiJ, shall be due and payable on the first ~ day of Fc:br~~ary, 2Q02 • , And shall duly, promptly, and fully perform, discharge, execute, efTect, complete, and comply with and abide by each and every ~ ' the stipulations, ageements, conditions, and covenants d said promissory note and of this mortgage, then this mortgage and the estate ~ hereby created sha11 cease and be null and vad. - AnJ the mortgagor funher covenants as follows: - 1. ~hat he will pay the indebtodness. as hereinbefore provideL_ Privilege is resavaf to pay the debt in whole, or in an amcwnt equal w one or rrwre monthly payments an thc prirn:ipal that are next due on the nwe, on the fint day of any month prior to mawraty: PrnviJrd, ~ however, that writtcn notice of an intenuon to exercise wch privilege is given at least thirty 1301 days prior to prepayment; and, pro~-iJed ~ furthcr, that in the event the debt is paid in full prior to mawrity and at that lime it is inwrcd under the prrnis~ons of thc i~iational : = Housing Act, ht will pay to the mortgagee an adjusted premium chuge of one per eentum 11 of the original princ~pal amcwnt thereof. ~ ' except that in no event shall the adjusteJ , remium exceod the aggregate amcwnt of prcmium charges which would have been payable if the mort~ase had con~inued to be insured until mawrity: such payment w be applicd by the mortg:~ce upun ~ts obli~auon to the Secretary of ~ Ho~sin~ and Urban Devebpment on account of mortgase insurance. s - : s .,j - ~001(~~O PaGE~~7