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Home My WebLink About2748 ~ c'i S' . t' ! . ~ 1 '1 ? - ~ i L ' ,~l ~ f~ ~ •~y'r i~~hJ ' ' 't~, ~_n ^C1 ^ ~ 1 r . J ~ [ , O j ~ 22~3'70 STATE OF FLORiOA ! This fo?m is used in cOmeCtion fHA FORM NO 2110 ~a with mortQages insured under the Revised May 1971 one- to four•family pro;risions of the National Housing Act. MORTGAGE TH.1 MORTGAGE, dated tht l~t~l day of ~ anu: ~y , A. D. 19 7° , by and between DE:'~TS i.. ~fA~TON an~ Je1::ti:T id. I~A~~~'TO.;, his wife • hereinafler callod the mortgagor, and ~ ~ .;TI^.0 ~'fDRTGAGE COc FOI~ATION t, , a caporation orEanized and existing under thc law~ of S t 3tc: o f : lori c~ a . hereinafta callod the mongagee. WITNESSE'TH, that for divers good aad valuable considerations, and also in consideration of the aggregatc sum namal in the promissory uote hereinafter described. the uid aw~rtga~or does hereby ~rant, bupin, sell, alien, remise, relase. convey, and confirm uato the uid mortpgee aU that certain pioce, parcel. or tract of land of which the said mortga~x is now seiud and postessed and in acwal poasession, sicuate i~ the county oi St .:.uci~ aad State of Florida, described as folbws: Lot %~6, Z~ss the '?~st 10 f~et th~rcof ar,d thc :.ast S f~et cf Lot 45, 31~ck n, r:ii.:.~t'I~~ ::STntc.;i, as reco.d~d in i I~t Eoo: 8, p:~ge ~blic Records of St. Lucie Cour.ty, Flari:la. As additional ~ecurity £or the payment of the indebtecir.~ss secure~ by this mortgage, the follo~ring non-rcal estat~ ite~s are included~ wc:stinghouse :~F130 z~<~g~ Sinoer Electric Furna~e _ ~ ~ 37 m ?~nn~~t[ OF numt CSlE QN Cl~ 'C' ~ITAtt,*,t8lf ~ER~!UR Pii0fER77~ ~{?RS11A11T TO CtWi~R 7t=13~. ACTS OF 1371. ; lOfAt PB11R115? i~erk C:rait Corrt S1, toc+e Ca R~ , ~ ~ D~, ti,E~.i.1fi ~ 7v ~ ~ = St3t~ ~ozum~ntary sta~~:s affi::..d to the original not~ a~d cancelled. ~ _ Tose~her with all suuctures and imprtuvements now and hercafler on said land, and fixtura attuhod thcreto, and all rents, issues. ~ ~ proceeds, ard profits accruing anJ to accrue from saiei premixs, uii oi which are inclucleJ within the foregoing,description and the j j habendum thereof; also all gas. ,tcam, electric, watrr, anJ uther heating, awl:ing_ refrigerating, lighting, plumbing, ventilating, ir~igating, ~ and power systems, machines, appliances, fixtures, and appurtenances, wh~ch nuw arz or may hereafter putain tu, or be us~d w~ith, in, ur ~ on saici premises, even thuugh they be detached ~x Jetachable. f TO HAVE AND "i0 NOI.D the ~ame, tugether w~th all and aingular the tenements, hereditaments and appurtenances thereunto s belvnging or in anywise :?ppenaining. and the rovenion and reversiuns, remainder or remxinders. renu, e~sues, and profits thereof, anJ ,j also all the estate, right, tiUe, intrrest, homeste:~i, Juwer and right of Jow~er, separate estate, pu~se~sion, claim arnf demand whatsuever, as wtll in law as in equity, of the said morigag~x in ancl tu the same, and tvery part thereof, w~ith the appurtcnances of thc said mortgagur in ~ and to the same, arni ~very part and parcd thereof unto the said mongagee in fee simple. ~ And the mortgagor hrrcby cunvenants with the mixtgagee that hc is indefe:uibly seizrd of saiJ land ~n fee simple; that he has full ~ power and lawful ri~ht to convey the same in fee simple as aforaaid; that it shall be lawful [or the mortg~gee, at all tima peaceably and ~ qu~eUy to erter upun. huW, uccupy, anJ enjuy said land, and every part thereof: that the laixl is and will remain free from all erkumbrances; that said murtgagor will make such funher assurarxes to prove the fce simple titl~ to saiJ land in said morigagee as may be ~ reawnably reyuiral, and that said rrw~rtgagor doeti hercby fully warrant the tide to said land, and e~•ery part thereuf, and w~ill defend the ~ same xgain~s the lawful claims of all per.sons whomsoevcr. r~: ~~y PROV IDED ALWAYS, arxl these preaents ue cxecutal and dtlivcreJ upon the foUowing cornlitions, to wit: i:, • The mort~or agreas to pay the mort~a~ee, or order, the principal sum of i:Z ~:'.T'~'r:;~: Ti?t%T.?Sc~~TJ i:I:~E iiL':~U:~::~ 4nd 00/ i7'J Dollars IS 18 , ~00 . 00 l. as ev~Jcnced by a note of even da~e herewith, with interest from date at the rate of $=~r;;;; pcr centum l--; `Xo) pa an~um on the unpaid brlance i ~ until paid. The said principal arnt interest shall be psyab{e at the office of i~TICG .'1[)RTGAGE CO'_:PO'.L~TIC~ :c„ 31?1, i, ~ lorida 33101 - or at wch other pl~,e as ~hc huWer of thc note may designate ~n wriUng, in nwnthly installments of Cttc ::Lt1c'red ~~:~nty-: :.V c • ~ i ~ol lan ! S 125 8 7 commenc on - :nct $7 _~0-------------------------------- • the first day of :;3r~~ . 19 7^ , and on the first day of each month thereafta until the principat 7 atxl ~nterest are fully paid, eacept that the final payment of principal anJ inttrest, if not soe~ner pa~d, shall be due and payable on the first ~ Jay of c'~ubru~ry ~ 2~7L ; • And shall duly, promPtly, and fulty perform, d~scharge, execute, ei'Fect, complete, and comply with and abide by each and every - the stipulations, aQeements, conditions, and cc~venints d said promissory note and of this mortgage, then this mortgage and the estate ~ hereby created shall ctase and be null and vad. ~ ~?nd the mortgagor furlher covenaMs as follow~: ~ _ 1. "fhat he will pay the indebtalne~s, as hereinbefore prov~ded. Privilege is rescrval to pay the debt in whule, or in ao ~mount r.yual to one or rtwre monthly payments on the principal that arc next due on the note, on the fint day ot any montb pnor to mawrity: llruvid~d, 3 huwever, that written notice of'an intention to exercise such privilege it given al Icest thiny 1301 days pri~x to prepayment; anJ, provided - furthcr, that in the event the dcbt is paid in full prior to mawrity anJ at that ~ime it is ~nwred under the provisions of tht N~tiunal Nousing Act, he will pay to the mortga6ee an adjusted premium charge d one per cenium i 14fc ) of the aig~nal pnncipal imount thercuf. exupl Ibat ~n oo event shaU the adjusteJ premium exetai the aggregate amcwnt of' premium charges which would have been payable if the mortgage h~d cunlinued to be insured until mawnly: such payment w be applieJ by the matga~ee upon its oblisation to the Saretuy o! ' Housing and Urban Devebpment on account of matjage ~nsurance. ~ - _ ~oa1~$ ?,~2?~5 ~