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HomeMy WebLinkAbout2744 i j~:~ , _~i . . ~ ' ~ 1 ~ . .:i .:v na:._~6 ' . . ~ ~ E ~ - ` f y ~~~M~~~Ai/fi/ 8 STATE OF FLORIOA This form ~s used ~n connect~on FNA FORM NO Z110 m • with rtwrtQaQes ~nsured under the ~ Revised May 1971 one- to four•famity p~ovisions of the National Housing Att. M4RTGAGE ~ . : THIS MORTGAGE, datod ~he l~th da)' ~ January ..4. D. 19 ~ 2 , by and # b~~Wa~ GEUR ~E W. ?iIGGL~S and ~!h.'~CY F. EIG^:.,ES. his ~,~ife • ~ hereinafter callcd the mortsagos. and iTI~C :~?:TG.aC;~ COFPOiZAaIQ\ ~ , acorporat~on orasnizod and existing under the laws d State OF Florida . hereinafia called the mortgagee. W ITNESSETH, that for d'evets goad and vuluable con+iderations, and alxo in consideration of the aggregatc sum namod in the prom~ssory note he~einafter dexribod, the said mo~taaao~ does hereby arant, bugain, aell, alien. rcmise, telase, convey, and confirm unto the said mortgagce all that cenain piece, parccl. or tract of land of which the said mort~agor is now xized and pos.sessed and in acwal possession, si[uate in the county of St . LuCie and State of Florida, described as fdlovrs: Lot 45, 2es> the East 5 feet thereof and the East 4 fcet of Lot 44, 51oek K, 2;dRs1:'IL:~. LST~T~S, as record~d in Flat ~o~ic 8, page 77, Public P.ecords of St. Lucie County. Florida. As ad3itional security for the payment of the fndebtedness secured by this mortgage, the follow~irig noa-real estate items are inclsded: Singar Electric Furnace :•.estir.bho~se ~:F13Q Ran~e ; ~ ~ 2 a T6is iastn~ent pteparea 61 ? ~p ~ irt ~t ~ ~ H. D. BQOTH ~ ~~~urc~e~ rF~ o~<<• ~ B:1 R ACT A hB TITLE C4RP. OF FLOR[Dl~ ~ p~~stwtj Tp t~ER 71•1s1. 11C~ ~ ~9?1. p. 0. BGX 2737 , VERO BEACH, FLOKIDA ~ RpGER POtTW?5, tyar f~ui1 Co~rt ~0' ieeident to a tide iawrascr traassetio~. ~ 1 ~ ~ ~ ~ SC3t~_' dacu~entary stan:rs affixed to tre or~ dinal r.ote and can~el:e~. r7 Together w~ith all structura and improvements now and hucafter on said land, and fizcures attached thereto, and all rents, ~ssues. proceeds. and profits xcruing and to accrue from said premises, all of which are included within the forcgoing dexriptan and the ~ ~ hat+endum thereof;_alsu a{I gas, stesm, e{ectric, xater, and uther heating, ccwl.ing. rcfrigerating, lighting, plumb~ng, v~milating. irrigating. ~ arni power systems, machines, appliances, fixtures, and appurienances, vchich now are or may hereafter pertain to, or be wed v~ilh, in, or ~ on said premises, even though they be dctachod or deixhable. TO HAVE AIVD TU HOLD the same, together with all and ~ingular the tenements, hereditament~ and appurtcnances thereuntu belunging cx in anyw ise nppertaining, and the reversiun and reversions, remainder cx remainders, rents, is~ues, and profits thereof, and , ~ al~o afl the estace. right. title, inlerest, humesttad, doMU anJ right uf eiovrer, separate cstate, possession, claim and demanJ whatwevrr, as well in !aw :u in equity. of the said mortgagor in and to 1he samc, am1 every pan thercof, with the appunenances of the said mortgagur in and to thc same, a~xi every pan and percel thereof unw the said mc~rtgegee in f~e ~imple. ~ ~ Ar.d thc nwrtgagor hercby convenants with the m~xtgagee Ihat he ~s ~ndefeasibl~ ~eized of ~a~d land in fee +imple: that he has full ~ ~ power and lawfuf right to convey the sa[ne in fee aimple u aforesaid; that it shall be lawtul for the mortgagee. at all times peaceably and ~ yu~eUy tu enter upon, hold, occupy. aed enjoy said land. and every part thereuf: that the larxf is ancl will remain iree from all ~ ~ rruumbrances: that ~aid rrwrtgagor wi11 mal,e su~h further atisurances to prove the fee s~mplr title [o said larxl in saiJ mortgagee as may be ~ f reaK~~ably requircJ_ and that said mortgagor does hrrtby fully warram the title tu saic! land, and tvcry part Ihereof. and will deferxl the s:.me abaimt the law-ful claims of all persons whomsoever_ PROV IDED ALWAYS, and these presents are executed aod delivered upun the follow ing conJitions. to w it: ~ :;T iht mortga6or agces to pay the mortga~te. or order, thc principal sum of r IGi' _~~ii _:~C~L~i~::D i: Z'1d v~~ 1~30 t Dollars IS I3 ,100 1. as e~idenced by a note of even date herewith. with interest from date at the } t =n ratc of ~i: per ceotum ! ) pcr ar.num on the unpaid balance until pa~d. The said pnnc~pxl and ~ntuest shall be payaMe at the office of ATZCO i~Y1kTG~E ~.0° YO;ZiaTIG:: , . . _ . Box ?l~l. :j:~:~. Florica 33141 'j or at such othes place as the holdu of the note may designate in writing, in rtwnthly installment~ of ~I;C hun3r::d ~w2rity alld _ ~~/i~~0-----^------------------------------- [h~IlarslS 120.55 ),commenc~ngon thc 6rst day of '_:.~2'Ci . 19 !2 . and on the firs~ day d each mo~th thereafter until the pnncipal ar?d ~nterost are fully paid, cxcept chat thc final payrmot of principxl and intcre~t, if not we~ner pa~d, shall bc due and payable on the first day of February, ~~~2 ~ = And shall duly, promptly, and fully perfo~m, discharEe, exxute, effect, complat, and comply with and abide by each and every the supulations, ageements, conditions, and covenants d said promissory note and d this mortgage, thcn this mongage and the esute haeby treated shall cease and be null and void. ' And the mortgagor further covenants as folbrvs: f ;~?3 l. "('fiat he will pay the indebtedncss. u hcreinbefore prov~ded. Priv~lcee is reserved to pay the Jeb~ in whule, or in an amuunt cyu~l ~ to one or more monthly payments on the pnncipal that are neat due on the note, on the first day of any month priur lo maWrily: f'ruviJed, ~ huwever, that written not~ce of:n inteotion to txercist such privilegc is given at Itast thirty 130) Jays prior to ~repayment: and. pruvided ~ lurthcr, that in the event the debt is paid in full prior to mawrity and at th~t time it is inwred under the provis+uns ot the Ivauonal ' - Housing Act, he will pay to tbe rrartgagee an ad~usted premium charge d one per centum 114'r ) of the ori~inal principal amount thercof, t - except that in no event shall the aJju~~ed premium exceed the aggregate umcwnt of premium charges which Mould have been p~yablt if lht t - nwrt~e had cvntinued to be ~nsured unul mawnty: wch paymene w be +pplied by the mortga~ee upon iu oW~~wwuon to the Socretary of 3 HousinY ar?d Urban Devebpment on acccwnt of morigage insurance. : J_{ ~z?~ , _ r~:~ _