HomeMy WebLinkAbout1458 ;~L3~491 . . . . .
. '
S~A~E OF FLORIOA ~
f?lalter 8. Davis Th~s tam is used in connection
fHA FORM NO 2110 m THt~ IIVa1'RUMWT PREPARED er: w~th mortga~es i~sured unde~ the
Revised May 1971 ' A~6TRACT a TITI..E CORP. OF F~A. to four•family provisions of
soe trro sL FORT PI[RCE, FLOR~o~ the Natio~al Housing Act.
MORTGAGE sr-1b,855
~ Fti~1 Case ~094-068404-221 ~
#
THIS 71fORTGAGE, dateJ ihe 4th. daY ~f P~@b1'tt , A. U. I9 b ~
~Y 72 , y and
~~W~" Rupert Jackson and !!ae Lois Jackson, his wife . ~
hereinaflcr called thc m~xtgagor, and
J. T. ST~l1RT i~10iRTG~i1G8 C~ANY , INC .
, a corporatio~ organiza! and existia6 under the laws of $tat@ Of
FlOx'id3 , herei~afler called the mortgagec.
WITNESSE'TH, that for divers good a~d valuable con~iderations, and also in consideration of the aggregate sum named in the
promissory notc hereinafter described. the said mortgagor does hereby grant, bargain, sell, alien, remist, relase, convey, and confirm unto
the said mortgagee all tAat certain piect, parcei, or tract of la~x1 of which the said mortgagor is now seiztd and posussed and in actual
posxasion, siwatc in thc cuunty of ~C18
and State of Florida, described as follows:
I+ot 16, Block 2, IQLI~R'S ApDITIp~I Tp I,INC~N pARK~ according to the
plat thereof recorded in Plat Book 7, page 32, Public Records of 5t.
Iucie County, Florida.
1
f
i
STATB DOCU!!ffi~TPARY ST1i11~Q~S l1FFIX8D TO THS QRIGIrU1L AIOTB 11ND C~HCSI+~,tiD. 1
i
I~y~p 1~11t~P~ ~ [Al~ ~
1i~ OM a~ ~ M~ ~ `
lII~IMi '1~ ~/1t h-~•11? AW~ OF tAi. i
- i166FA 1'~ {~Mit fJie~t ~ p. ta~M A~. R~? ~
i
iug~ther wi[h all structurrs anJ ~mprovements nuw :~rxi herrafter on said Idnd, arwl fixtures attache~l there4~, and all rents, i~~ues.
pruce~il~. •rnd prufi~s :ncruing and tu :acrue fr~~m .an1 premisr+, :.11 of whwh ar~ ~ncluded within thr furegu~ng dcuriptwn anJ the
habenJum thereof: elsv ~II ga,, .tram. ~Irctri~. ~ater, anJ u~hrr heaung, ~ix~l,ing. rrfnger~ung. lighung, ptumbing. ~entilating, irngaung.
and pu~+cr ~y.trms, ma.:hinr~. appli~n~r,. ti.iturre. anJ ap~urtrrrarkt,, .•hirh nux dre .N may hercafter penain tu, ..r br u,ed Nith, in. ur
un ~aiJ prrmi~., rven thuugh tht~ tK J~ta~he~1 ax J~ta.;h~ble.
fl) HAVE AND fO Hl)I U ~hr .amr, t~gethrr Nnh ;~II und ~iogular thr tenements. hercd~tarteents and appurtenaaces thcreunw
t~lung~ng ur ~n anyN~se apprrta~n~n~;_ anJ thr re~rntun anJ rr~rn~um, remainJcr ur rema~nJrrs, rents, i„ur,, and pmfits thereuf, and
alw all Ihr c~l:itr, r~ght, thlr. ~nl~rr~t, humr~tra.l, d~wrr anJ r~ght uf JuMrr, ~eparatr astate, p~»arc~~un, cla~m and JrinanJ whatwr~er. :u
well in law r~ in cywty, uf Ih~ +aid mtxtgag~r ~n anJ tu the wmr, and e~ery part ther~L with the :~ppunenances a~f the u?id rtwrtgagu~ in
:~nd tu thr ~ame, and every patt arn! par.:rl thrrr~~f unw the ~.,~J mur~gagrr m fee cimple.
.~nd thr murtgag~~r hrreh~ .un~rnantti ~?uh thr tnurtg,~~er th;d hr ~nJefea,ihly .e~ird ot ,aid IanJ ~n iee ~~mplr. that hr ha~ full
power and lawfui nght to convey the ~ame in fce s~mple :u rfuresa~d: that ~t shaR be lawful for the mortgagee, at all times peacrably and
yu~edy to rnter upun. huW. .xcup}, and rn~uy said IanJ, anJ c~ery part thercuf: that the larxl i. anJ wil) remain frer frum all
encumbranctc; ~hat ~e~d tnurtgagur ~~11 male w~h (urthrr .aw~~n~e~ tu pruve the fee ~~mpfe t~ile towid IanJ ~n wiJ mixtgagre :~s may br
rra.unahty rryuu~Y1, and that .:ud nwstgagur dur. hereh~~ futh w.ur~nt shc uUe ?o utiJ I~nJ. anJ «ert part thrrrcrf. artd w ill drfenal the
..+mr againct thr lawful daim~ uf all prrwm whomxxvrr .
1'ROYIbED AI_WAl'S, anJ theu presents are eXecutctil and deli~ered upon the fulluw ing cundiuon.. to it.
~hc mortgagor agrees to pay the mortgagte, or orJer, the pnncipal sum of g~N ~p~J~p g~ ~DgI~D ~I~ID I30/100 `
I)u~lan (S 15,600.~~ 1. as eviJenced hy a note of even date herevrith, a~ith interect from date at thc
ratr ~~f gBV@n per centum ( 7~~ ) per annum on the unpa~d balance
unnl paid. The said principat anJ ~nterest ~hall t+e payable at the office of J~ T~ S7'~~R'r l„!~G$ Ca„~P~t~IY ~ INC
SZiite 300 - 100 Miracle Mils, Coral Gables, Florida
~~r at wch uther place as the h.~ldrr of the nutr may de~~gn.~te i~ wriung, in rrwnthly insta!lments of ~g f~ared Three
dild 90/100--------------------------~---- (bllars IS 103.94 1. commencing on
thr first day uf j~~C}~ . 19 72 , and on ihe firct day of each month thereafter until the principal
~zid ~ntrrest arc fully paiJ, ra:rpt that thr tinal pa~mrnt uf pnncipal and ~nter~st, if reot auoner paid, shaU t.r due anJ payable on the first
~a) F~I11d~y ~ Z0~2 •
~ind shall July, promptly, and fully perfcxm, d~scharge, execute, efl`ect, complete, and comply with and abi~o by eaeh and every
th~ ,hpufations, agreements, condmuns, and covenant~ of ~a~d prumiswry note and of rhis mortgage, then th~s rrwrtgage and the estatt
hrreby created shall ce:ue and be null and void.
\~~3 thr m,zrtgagar funher covenants as follo...~
t 1 h~~ he will pay the indehtrJnc.s, a~ hercinbefore pruv~Jeci Privilcge ~s resrrved to pay thr debt in w•hole, or in an amuunt eyual
.mr ~~r nwre rtx~nthly paymentt nn the pr+rkipal that are ne~t duc on the note. on the fint day of any monlh pnor tn matunty: 1 r~~v~ded.
t~~~wr~er. th:~t wntt~n nuliee of an intrniiun tu ete~cice ~uch privilege g~ven at least thirt} 1 i01 ~ayti pn~x tu prepay ment; enJ. prov~deJ
turthrr, that in the event the drht pard in ful~ pric~r to maturih and at that 1~me it is inwrcd under thr pruv~s~oes of the Natiunal
H~~u.ing Act, he wdl pay to the mi.rtgagec :~n adju~led prcm~um charge of one per centum ( I~4 ) of the orig~nal pnnc~pal amount thcrcc~f.
eutpt lhat m no ~vent ~ball thr adj~~.ted premium rtcerJ the a~regate amuunt of prrmium charges whtch would ha~•e hern payahle ~f thr
mortgagc AaJ continued to be in.ured unul matanly: cuch payment to he appheJ by t!x mortgagee upon ~tti obligauon to the Secretary of
Ilousing anel Urban Devtbpment on nccount of mortgagt insurance.
~~K~.99 ~1457
_ .
_ - _