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HomeMy WebLinkAbout1652 AMf-1Q41 ~ ` FHA=NO'.' 093-102323~235 Tbii inclruaeal prepattd b~ STATE OF FLORIDA H. D. QUUTN ABSTRACT AhD TITLE CORP. OF FLORIDA This torm is used in connect~on FHA FORM NO 21 f 0 m with rtwrtgages iosured under the ~ Revised May 1971 P• 0. BOX 273T , VERO BEACH, FLORlOA o~e. to fou~-tamily provisions of ~ucidcN t~ a tiile iawraace tnpactiaa, the National Nousing Act. ~ C 0 ti 1 ~'l. 60 ~ ~ ~ v ~363~ MaRTGAGE ; THIS MORTGAG~, dated thc 9th day of February . A. Q. 19 7~.. , by and becw~een JA~QUELINE H. SINQUEFI$LD, an adu~t woman . Rrrcinafter called the mortgagor. and ATICO l~l0&TGA~GB COBP(~RATION . a corporation or~anized and existing unde~ the lawa of $t8t@ of Florida , hereiouftcr callttil the mortgagee, . W ITNESSETH, that for divers good and valuable considerations, and also in coruide~ation of the aggregate cum namcd in the . promissory note hereinatler described, the said mortgagor dces hereby grant. bargain. sell, alien, rcmise. relase, convey. and confirm unto ' the said mortgaaee atl that cenain piece, parcel, or trxt of land of which the said mortgagor is now seiud and possessed arid in acwal possession, situate in lhe cou~ty of $t . Lueie , . and State of Florida, dacribed as foUows: i Lot 4, Block "K", MARAVILLA BSTATES, a subdivision according to the plat thereof, ~ ae recorded in Plat Book 8, page 77, Public Secords of St. Lucie Countq, Florida. # As additional security for the payment of the indebtedaess secured by this m~rtgage, ; the folloWing non-real estate items are included: iiestinghouse-Range•I~K 3G ; Singer American Elec. Furnace BCE 22008 ~ i A. 0. Smith Hot [Jater Heater • Nutone Fan-Hood € # t ~D ~ 3-~ n~ rn~ i a,c a oud r a~ r~ PYR~fAM~ 1n ~~'i'Bt 1~-~ Ap~ ~ Il7L ~OC~ NOfiRA~ t~A Giiadt Aol~ St Lri~ Co, iTa. { , State documentary stanpa affixed to the original note and cancelled. i Together with all structures and imp~'ovements now~ and hereafter on said land, and fixtures attached t~ereto, and all rents, issues. proceeds, and profits aecruing and to accrue from said premises, all o( which art included within the (oregoing description and the F habendum ti~ereof: also all gas, steam, clectric, water. and uther heating, a~oking, refrigeratiog, lighting, plumbing, ventilating, irrigating. i and power systems, machines, appliances, fixtures, and appurtenances. which now are or may hereafter pertain to, or Se used with, in, or 3 un said premius, evrn though they bt detachecl or Jeta~:hable. ~ TO NAVE AND TO HOLD the same, together with alt and singular the tenements, hcreditaments and appurtenances thereunto belunging or in anywix appenaining, and the reversion and reversions, remainder ur remainders, rents, issues, and profits thereof, and alw all the estate, right, title, interat, homestead. dower a~xi right of dower, separate estate, possession, claim and demand whatsoever. as ; well in law as in equity, of the said mortgagor in and to the samc, and every part thereof, with the appurtenances of the said mortgagor in ; and to the same, anJ every part and parcel thercof unto the said mortgagee in tee simple_ : And the mortgagor hereby convenants with the mcxtgagee ihat he is indefeaxibly stized of said land in fee simplr, that hc has full power and lawful right to convey the same in tee simple as aforesaid: that it sha!! be lawful for the mortgagee, at all times peaceably and qaieUy to cnter upon. hold, cecupy, and enjoy said land, and every part thereof; that the larxi is and w~ll remain free from all ~ rncumbrances; that said mortgagor will makt such further a.~surancec to prove the fee simple title to said land in said mixtgagec as may tx ; reax~nably required. and that said mortgagor dcxx hereby fully w-arrant the title to said land, and every part thereof, and w•ill defend the " wme against the lawful claims of al) persons w•hom~otver. i ~ PROV IDED ALWAYS. and theu presents are ezecuted and detivercd upon thc following wnditions, to wit: _ ~ The mort~agor agrees to pay the mortgagee, or order, the principal sum of EIGHTEEN THOUSAND FOUR HUNDRED Blid 00/100 ~ t Doltars IS 18,~Q.00 as evidcnced by a note of even date herew~th, with interest from date at the ~ ; rate of S$VEN per Centum (--7..~ Sfc ) per annum on the unpaid balance # until paid. The said principal arxl interest shall be payable at the officc of ATICO IrDxTGAGE CORPORATION, t P. O. Box 3132, Niamf, F2orfda 33101 ~ ur at such other place as the holder of the note may designate in writing, in monthly installments of p~ ~D 11~iENrY-1~10 AND ~ ~ 54/100------------------------------------ DollarstS 122.54 ).commencingon ~ ; [he first day of April . 19 ~2 . and on the 6rst dsy of each month thoreafter until the prmcipa! ; and intercst are fully paid, except that the final pa~mem of principal and interest, if not sooner paid, shall be due arxi payabk on the first ~ day of j"j8rCh, 2002 : : And shall duly, prom 1, and full } pt y y perfam, dischuge, execute, efiect, oomplete, and comply with and abide by each and every ; the stipulations, asreements, conditions, a~d covenants of said promissory note and d this morteage, then this mortgage and the utate ! hereby created shall ceax and be nuil and vad. i AnJ the mortgagor fuAher covenants as fvUows: } I. ( hat he wdl pay the ~ndebleJness, as hersinbcfore proviJul. Privilege is reservod to pay the debt in whole, ur in an amount equal E tu one ur eiwre ~nun~hly paymants on the principal that are next due on tht note, on the 5rst day o! any month prior to maturity: !'ru~ ided. ~ huwever, that written na~ce of an intc~uon tu exercise such privilege ~s given at least thirty 130i days pr~or tv prcPayment: and. provideJ i ; furthe~. that in thc event ihe debt is paW in full pr~or Io malurity anJ at that time it is insured under the provisions of the National i Housing Act, he w~ll pay to the nwrtgagee an aJjustul premium charge o( one per cenwm (1 :"o ) of the original principal amount thereof, ucept that in no event ~hall the adju~ted premium excred the aggregate amaunt of premium charges ahich wuuld have been payable if the rtx~rtgage r~aJ continued tu be inaureJ until ma~urity; such payrtxnt to be applied by the mixtgagee upon its uhli~ation to the Sc~ruary of Nuw~ng enJ Urban Ue~~elupment un accuunt of :nartgage insuranct. ~ $o~Ki~9 ~is5i i