HomeMy WebLinkAbout0181 s•r-ly,c~ ,
St~'~ y~ 455 ~ ~
STATE OF FLORIOA ~~'~'V~~ .
This form is used i~ connection
FHA FORM NO 2110 m with mortgages inwred u~der the
Revised May 1971 , une- to four-family prov~sions of i
the National Housi~g Ikt. ~
MORTGAGE
THIS MORTGAGE, dated the lst ~~Y ~ January . A• D. 19 i 2 , by and
be~ween Clarence B. ~Uylor, Sr. and Catherine iaylor, his Wife ,
hereinafter called the rtxxtgaaor, and
STOCKTON, WHATLEY, DAVIN AND COMPA.~iY, :
, a corporation orgaaizod a~sd existins under the laws of ~
State of Florida ,~einafter called the mortgagee,
WITNESSE'TH, tAat for divers good and valuable considerations, and also in considuation of the aggregate sum named in the
promissory note haeinaRer described, the said mortgaaor does hereby ~rant. bargain, sell, aiien, rcmise, rel~e, convey, and connrm unto
the uid mortgaaet albthat certain piece, parcel, or tract of iarxi of which the said mortgagor is now seiud and posusxd and m actual
possesuun, ~ituate ia the county of '
•St . Lucie and State ot Florida, described as fdbws:
Lot 117 of St~ERATO\ PIA2A, L'NIT TWO, RF:PLAT
according to the Plat tl~ereof as recorded
in Pla~ Bool: 16, page 2 of the Public
Records of St. Lucie County, Florida.
io~;e*_iter with the following it~s of property which are loc~teci
in and permanently installed as a part of the improvements on
said land:
T.ZAT.~GE : CQLIJI`IBCS s i~iOD~. 34G , SERIAL NLi•iB`r~ ~ 8864 ~
KA::G'~ 'r;~OD: :~I!I CAR~, `bJ'~. 373~ ;
SPI~t;'r. r.;:e1T~t: FOcZSAiRE, ~;t?~r.I. 4b5 F ;
i
Tze ea~press cuur.~~-r4tion oi tae fore~oing items shal~ not be 3eemed ~
to limit or restrict ti~e applzcability of any other language de-
scrihing in general ter:~s otner propert~ intended to be covered ~
hereby.•
~
E State :iocumentary Stamps aLL1.iCli co the ori~;in«1 note and c~ncelled.
~
~ Atcervto ~3 ~ ~x~ o~ u~t
i put 01! CI~S3 ~RA~ ~i~1s011A? ~IIOrESnc,
i lN~l11AIR ~ ~M/Ifi ~1~ii~ ~A Qi IlI~.
~ ' ~CER 101fM~ ~ Ch~a~ OMi~ ~ 1~ Ca R~
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Togethcr with all structures arnl impruvements nuw anJ hereafter cx~ said land, and fixtures attached thcreto, and all rcnts, i~sues.
prexeetils, and prufits accrwng end to accrue frum wiJ premues, all of which are included within the foregoing description and the
habendum ~hercuf: alw all ga., ~team. ~Intri~. Nater, end uther hrating, :oc~A~ng, refngerating, lighting, plumbing. v~ntilating, irrigating.
arxi powrr sy~tems, ma~hine.. •rppli~nce~, fiaturcti. and :sppurtenan.:es. N hich ~ow are or may hereafter pertain tu, .x tx u~ed with, in, ur
~ un said prem~x~, even thuugh thry lx afeta~hcJ ur drtachsblr.
~ TO HAVE AND f0 NOLD ~hc wme, wgethrr with all ~nJ +ingular the tenementa, hereJitaments and appurtrnances thereuntu
- txlung~ng ur in anywi~ ap(~rlammg. anJ the rcver~~un anJ re~er~a?n., remainJer or rema~nders. rents, issues, anJ profit~ thereof, and
~ nlw all thr estate, nght, titlr. ~nterest_ hom~te:ui. J~Ner anJ right of dower, sepsrate estate, posse+sio~. cl:?~m aixi JemanJ whatsue~er. .?s
~ well ~n law a, ~n eyu~ly, of the ~a~J murtgagur in end W the ~ame, and ~very part thereof, w~th the appurtenancrs uf the .aid mc?rtgagor in
x ~nJ to the ~nx, anJ every part a~xl parcel thercuf unw the ~aiJ murtgagcc ~n fee simplc. _
And the rtwrtgagur hereh~ ~umrnantc with the murtgagrc Ihcrt he i, indefrasibl~ seized uf wid I~nJ ~n fee cimple: that he has full
~ powti~ and lawful right to cunvey the same in tee s~mple as aforaaid; that it shall be Iewful for thc mortgagee, at all times peaceabty and
yuietly w enter upon. huld, u~.up}. :+nd enjo~ wiJ land, and c~~~ry pert thereof; that ihe IanJ is and will remain free from all
rr.cumbrances; that tiaiJ rtx>rig~gur will male.uch funhrr :usur~n~es to provr the fee simpie ti0e to wid land in said mortgagee as may t~e
ira.unabl~ requ~red. anJ that .aiJ rtx~rtgabor Joc-~ hzrehy full~ u;urant thr title to+aid IanJ, and every part thereof. anJ will JrfenJ ihe
~ wma again~t the lawful claim~ of all ~ru~n~ whom.cxver.
~
r~ PROVIDED ALWAI'S. an.i thex presenu are e~ecutrJ and delne?eei upon the fallowingconJitions, to w it:
3 "(he morigagor agrees to pay the mortEaget, or order, the prmcipal sum of r.IG;iT;:E.. ~:.Ui: Si1i,J :.li.E : iLi+J3EJ ~:..i1 ~ 1 i"~
1)u~larti (S j~~~~Q.~~ as cviJenced by a note of even date herewith, wiih interest from Jaee at the
_ r~te uf geVeri per centum l i ~k ) per annum on thr unpai~l balance
unul paid. "I?ie said principal anel intere~t ~hall be payrblc at thc office of StOCiCtOII ~ G7i~~tley ~ D~vin 6~ COIIp3it;~ ~
'4 100 ;:cst :~y StrLet, J'c::sonvil:e, :lorida
- ,,r at ,uch other place as the huWer of the nute may Je~ignatr in v?riting, in rtwnthly ins~allments of Q;;~ ~;L':;,)i~EJ ~~~i.T~i -FIV~
_
arid 8'II`~O • ----------------------voHarsIS1ZS.87 l.comr~encingon
ihe first day of _~ul `h . 19~? , and on the first day of each mnnth thereafter unlil !ne principal
~nd intere~t are fully paid, rxcept that ~he final payment u( prin~ipal and interest, if not woner paiJ, shall be due arxi paya'~k on the first
_~?ehruary, 2~~2. ~
•~nd shall July, promptly. and fully perfcxm, d~scharge, exccute, effect, complete. and comply with and abide by each and every
~ :hc +up~:lauuns. a~etmenu, cond~twn~, and covenant+ uf sa~d prom~ssory note a~x1 of this mortgage, then this mortgagt a~d the estate
- hereby created shall cease and Ne null and void.
\nd ih~ mortgagor further covenanl~ as tolluw~:
° . 1 het he wili pay the indrbtedness. as here~ntxfore prov~decl. Pn~ ilcge is reserval tu pay the debt in whole, or ~n an amuum eyual
~ ,u ,~nr ~~r nwre momhly paymcnts un ~he pnrn;~pal that are next due on lhe note, on the first Jay of any month prior to matc•~ty: Pro. rded,
h~~..r~er. Ihat wntten notice uf an inteauun to exerc~ce wch privilege is g~~en at least thirty I z01 Ja}~ prior tu prepayment: a~.•~_ proiideJ
further. Ihat in the event the Jebt paid in full pnor to maturity and at that tirtx it is insureJ under the proviuuns uf the Natiunal
Huu~ing 1ct. he will pay to the rrH~rtgagee an ad~u~ted prem~um charge o( one per centum 11 ~r 1 of the orig~nal principal amount thereof,
extept ~hat ~n no ev~nt shall thr aJju~ted prrm~um exceeJ the aggregate amuunt of premium charges vrhich wuuld havr t+een payable if the
mortgage had wnunued tn be ~mureJ unul maWnty: such payment w bt applieJ by the mor~Yagee upon its ubliyation to the Secrctary of
= Housin~ and Urban Develupmeol on account uf mcxtgage ~nsurance.
t) ~.iVV ~i 181 TN1S INSTRUMENT PpEPARED BY- ~~`jttPT ~SV15 -
SC~ I M~ : ABSTRACT Q TITLE GORP. OF FLA.
205 i. 2N0 sT. FORT PI[RGG FLORIDA
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