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HomeMy WebLinkAbout0434 ' - ' ~ A~~-1039 ~t;'. , f, s'/~ U~ FHA t~l~~ t~~4-0674~Qr~35 ' . /Q~. fC . SIATE OF FLORIOA This form is used in connect~on FHA FORM NO 2110 m %~WG?IGp~s with mortQages insured under the Revised May 1971 one- to fou~-tamily provisions of the National Housi~g Act. MORTGAGE i ~ , THIS AtORTGAGE, dated the 26Ct1 day of Jsauary , A. D. 19 ~2 , b~• and ~ betw•cen j,Q?r'pI$ 1~lI?$ U1AZ,KER, sn adult vosari • he~einafter calkd the max~gagor. and ' ATICO 1~xTGlIGB CORPO~ATION ~ , a corporatiun urganizal and ex~st~ng under the IaK•s of' $CSte of Floridi ; , he~einafter callal the mortgagee. W ITNESSETH, that for divers gooJ and valuable comiJeration~, and alw in consideration uf the aggregate wm nameri in the prom~ssory note hueinafter dcscribod, the said mort~a~or dues hereby ~rant, bargain, xll, alicn. ~emise, relase, convcy, and confirm unto j the said mortgagce all that certain piece, psrcel, ar lract of land of which the said mortga~or is now seized and pos~esszd and in acwal ' ~ pacscssion, situatc ia the cuunty of $t . j,uC~e ~ and State ot Florida, describod as follows: Lot 41, Block "R", MA~tAVILLA BSTATSS, according to the plat thereof, aa recgrded in Plat Book 8, page 77, Puhlic Records of St. Lucie County, Florida. I As additioaal security for the paymeat of the indebtedaess secured by tttis f , sortgage, the folloving noa-real_estate iteas are included: ' Singer Asericaa Blec. F~rnace-BCE22008 ; A. 0. Sdth ~iH heater ' ; Westinghouae Aange I~[C-G ~ ~ Nuton~ Hood ~ ~ '!'lis ~in.eat prep.red 6~ ~ ~t~ ~y" H. D. BCC t H ~ i ~ b. ~ a e~na~ a~ ~ ABSTR~CT AKD'fITl.E COFP. OF Fl,ORIDA ? ~~~,c p. BOX 2737 , VERO BEACH, FLORIDA j ~~p pMilfs Il•tri. MCR a~~' i5udeet to ~ title iasarasce tranradios. ~ IIOGa P01~RAt, qM1 i~rc~c Co~rA. SL Lnd~ G. Ra. ~ ~ ` State docu~eatarq stanps affixed to the origiaal aate and caacelled. i ~ e To=ether with all structures a~xi ~mpruvemenu nuw and hereaAer un aaiJ land, an~i fiatura attached theret~, anJ all renu, issue~. ; proceods, and profits accruing arxf tu accruc trum saKi premise~, •rll uf Mhich are ~ncluJrJ with~n the foreguing Jescriptiun and the g habendum thereof; also all gu, steam, rleitric, water, and ulhcr hrating. ~~wking, refrigerau~ig, lighting, plumb~ng, ventilating, irngaung, ' anJ powa systcros, rt~achints, appl~an~e~, fixwr~, and appurtenerkrs. Mhich nuv? sre ui may hrre:~fter prrlain to, or be usrd Nith. ~a, ur ~ un said premises, even thuugh they ix drtach~l ur Jetachablr. ~ TO HAVE ANU TO HULU the ~ame, tugetAer with all and ~ingular the tenements, hcrcditaments anJ appunenan~es thcrrunto ` belonging or in anywise apptrt~ining, and the rtvrniun rnJ rrvtrs~um, rCmainJer or remainJers, rents, i+sues, anJ profits th~reof, anJ ? alw all the atate, right, utle, inter~~t, home+lreJ. Juwer ntxl fighl ut duwef, aepalatc e~t:?lt, pua~e~s~un, claim ern1 demernf whatwever, as Y well m law as in oyuity, of the ~a~d murtgagur ~n arkl tu thc ~amr, :?nJ every part thereuf, with the appurtenances of ihe saici rrortgagor in ~ an.1 tu the same, arxl every part an.1 parccl thereuf unW the ~aid mortgager m fre ~imple. ~ Anc1 the mortgagor herrb~ convcnanb with thc m~xtgagce that hr i~ ~nJefra+ibly ~rircd uf ~a~J I:~nJ ~n f~r ~imple: that hr ha+ full ~ powu and law(ul ri~ht to convey the same in fee s~mple ~ aforesaiJ; that it ~hall be lawful for the mortgagee, at all times peaccably and yweUy to enter upon, huW, ~x~upy, and rnjuy aaiJ IanJ, arxi every part thtrcuf; that tht larxl ~~ci v?il1 remain free from all ~ cncumbranc.cs; thxt ~x~d irwrtgagur w~11 ma?e +uch further sisurar?cra tu prove the frr ~imple tiQr tu ~id lancl ~n ~a~J murtgagee :u may br ' reawnabl r~ uir~1, anJ th~l ~aid murt e ur Juet hereh full warrant the t~tte 1u ~aid IanJ. and r~•er~• art thereuf, :~nJ v~ill Jrfend tht ~ Y '4 K B y Y P" ~ ~ame ugainst the lawful claims of all {xrx~n~ whomwcver. ~ PROVIDEU ALWAYS. anJ thex prescnts are eaecutrd and drlrvereJ upun the folluw ~ng conJ~Uuns, Iu w~t: ~ ~Rrc morigaaor agrces to pay the mort`agee, or order, the principal sum of EIG~CrEEN THOUSAND FOU$ HUNDRED and 00/100 tk~llars IS j$~I~QQ.QQ as evidenced by a note of even date hcrewith, with interest from date at thc - rair of ~~jQ per centum 1 ~k ) per annum on the unpa~d balanct until paid. "Ilte said pnncipal and ~nttrest s.h~ll bt payable at the office of ~ICp ~g~g Cp~pp~ION ~ : i P. 0. Box 3131, Miami, Florida 33101 ur at ~uch other place as the huWrr of the note may design~te in wnting, in munthly instaflments of Oae Huadred lwenty-tw~0 BIId ~ r;; - ~ S4/100-•--------------~------•------------- Dollars ~S 122.54 commenc~ng on t! ~~4 ` thc first day of Mareh . 19 72 . and on the first day of caeh month thereafter until the pnncipal ~ anJ intrrrst are fully paid, rxcept ihat thc finel paymen~ ut pricr:ipal and ~nterrat, ~f not xx?ner paiJ, shall be due and payable un the first _ ; ~ay ~~f Februsry, 2002 . i And shall duly, promptly, and fully perform, dischuge, eaecute, efTect, complete, and comply with and abide by rach and every " the aUpulauons, ag~eemtnts; conditiuns, and covenants of said promissory note and o( this m~xtgage, then th+s mortgage arxl the e~tate hereby cre~tcd shall cease and be null and void. v~ And ~he rtnNgagor further covenaniti as follows- I. I hat he will pay the indebte~incss. u hereinbefore providai. Privilcge iti reservai to pay the Jcbl ~n whule, ~~n an amuunt eyual - tu ~~ne ur mure munthly paymems on tbe principal that are next Jue on the ncxe, on the first day o( any munth pnor to matunty: l'suv~drd, - huwrvcr, Ihat written ncNice of an intenuon to eaercise tuch privilcgc given at Irast th~rty 130) days pnix tu prepayment: and, pruv~drJ further, that in ~he event the Jebt is pa~d in full prior to mawrity anJ at thal time it is insured under the prov~s~uns of the NaUunal i - Housing Act, ht will pay to the rrxrrtgagee an aJjusted premium chuge of one per centum U~Xr- ) uf tht original pnrk~paf artwunt lhereuf. - exctpt th~t m rw event shall thr aJ~u~ted premium uceeJ the aggregate anuwn~ uf prrmium chargra which wuu1J have been payable ii the ~ T=` mortgage hx1 cunUnueJ tu be msured unUl matunty; such payment to be appl~ed by the mix~~~~ee upun ~4. oM~gauon to the kcrctary of ; " Huus~n~ and Urban Developmcnt on aa:ount of mortgage iruurance. ~ - 1.99 P~~E 433 ; . : t~_.