HomeMy WebLinkAbout1656 ,;r ~ F}iA NOi U93-1~~3~~35
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STATE OF FIORIDA 22363'~
This form is used in connection
FHA FORM NO Z110 m with mortga~es insured under the
Revised May 1971 one- to ~our-family provisions of
_ the Nat~onal Housing Act. j
Tb~s instrnaeut Keparea L!
Qo~TN 1110RTGAGE
~:1 RACT ~ NO TtTL~ CORP. OF FLORIDA
F. c~. B(.X Z73? , r~R0 B£ACH, FLURw~
~ucide~t to ~ titk i~s~ratce tns~a~liw.
THIS h10R7GAGE, datN the $ttl day of February i9 72 , by and
betwcrn FRANCIS DALE ROUSN atld SANDRA 0. ROUSii~ his wife .
hrrc~naftcr callal the m~xt~agor, and
ATICO I~RTGAGE CORPORATIOIaI~wrpuration organizai anJ existing un~irr the lawa uf State of Florida
` . hereinaftcr called tht mortga~ee.
WlTNESSETH, that for diven good and valuable considerations, a~x1 also in consideration of ihe aggregate sum namcd ~n the
prumiswry note hereinaftcr dcscrib~rl, the said mortgagar doea txrcby ~rant. bargaia, seil, alien. remise, relax, convey, and wnfirm unto
the said mortgaget aU that certain piece, parccl, or tract of land of which tAc said mort~agax is now seiud and pos~rssrd and in actual #
possession, situate in the county of SC . Lucie ~
arxl State of Florida, described as follows: i
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Lot S, Block "K", :fARAVILI.A ESTATES, a subdivision according to the plat
thereof, as recorded in Plat Book 8, page 77, Public Recorde of St. Lucie
County, Florida.
As additional security for the payment of the indebtedness secured by this
mortgage, the followiag non-real estate items are included:
Kestinghouse-Raage KFD-3G
Singer American Elec. I~rnace BCE 22008
A. O. Smith Elec. HW heater
Nutone Fan, Hood
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: ~-2oa a~
F ~ ~ ~ i+e~~t ~or~tr,
~ ~T ~e+ awr~ n•i~. ~cn a~ mi_
' ~0~1 P'~?t~. ar~t cuc,,;t Co+~t st t.~ae Co. A~.
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State documentary stamps affixed to the ori iaal note and cancelled.
Togethor with all structurrs aixt imptovements rrow and hertafter on sa~ land, and fixtures attached thereto, anJ all rents, issues.
pmcrtJs, and profits accru~ng and to accrue from tiaid premises, all of whicA are includrd w~ithin the forcgoing description and thc
habenJum thereuf: alw all gas, s~eam, rlectric. Nater. and other hrating, couking, refrigerauna. iighcing, plumbing, vrntilating. irrigating.
and puwrr ,ystemti, machinec, appliances, fititurrs, and appurtenaner~. which now• are or ma~~ hereafter pertain to, or be used v?ith, in, or
f ~n ~iJ premi~es, r~rn thuugh they br dttache~i ix drta.hable.
; TO F~AYE A:vD TO HOID the camr, togetAer with all and tingular the tenements, hereditamcnts and appurtenartcrs thereunto
t+rlung~ng or in am~icr appertaining, and the reversion anJ reversions, remainder ~ remainders, rcnts, iutsts, and profit~ thereof. and
alx~ all the zstate, right, tille, interest, homtctesJ, dower arxi right of ckiNer, separate estate, po~session, claim atxl demand whatx?ever, as
' ~ell in 1:1w as in rquity, of the tiaid murtgag~x ~n an.1 to the same, and every part thereof, with the appurtertances of the saed murtgagor in
~nd t~~ thr wme, anJ e.•cry part anJ parre! eherc~~f unto the said murtgagee in fee simple.
~nd thr mortgagur hereby cunvenantc with the mortgagee that he is in~feasibly seized of said land in fee simple; that he has full
~ power and lawiul right to comcy the same ~n fce simple as afo~esaid; that it shaH be IaN1'ul for the mortgagee, ai al! times peaceably and
f uirtl to enter u m, hold, ac~u arxi en o
~ y y pc py, j y said land. and every part iherevf; that the lacK1 is and will rema~n frec from all
- cn~umbrrnces; that wid mongagor w ill make such further assur:,rnec to prove the fee simple title to said land in said m.xtgagee as may t+e
rra,unahly reyuirrd, and that said murtgagor dcxs htreby fulty warrant the tiNe ta said lartd, artd evtry part thercof, and will defend thc
.amr :?gain~t the lawtu! clr~ms of a!1 ~erwm whomwever.
' YROV IUED Al. WAYS. anJ these presents are executzJ and delivrrcYi upun the folbwingconditions, to wit:
' ~rn~ mo<<~~T agr~a ~o pay u~e ~n~~e, or order, the principal sum of EIGHTEEN THOUSA.~ID QNE HUNDRED 3'nd 00 / 100
' Dollar. IS 1$, 100.00 as rvidenced by a note ot even da[e herew~th, with iate~est from Jate at the
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rate rt SEV~N per centum ( ~k ) per annum un thr unpa~d balance
unt~l pa~d. The sa~d pnncipal and interrst ~hall br payable at the office of ~ICO :~RTGAGE CORPORATION,
P. O. Box 3131, Miami, Florida 33101
~ ur at ~uch .~thtr piacr as the hotJe~ af the note may designate i~ writing, in mvnthly installments of QAe Hundred T~aenty and
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• S5~1U0------------------------------------- DollazstS 12Q.SS ?,commencingon
thr first Jry of Aprf 1 .~y i2 and un the fint day of exh month thereafter until the pnac~pal
and ~nterr.t are fully paid, exctpt that the fi~el prymrnt of pnncipel anJ ~nterr+t. ~f not xwner pa~d, shall be Jue and payable on the first
~d>• •~f ?~I.ar ch , 2002 •
~ .~nd shall duly, promptly, and fully perfcxm, disshar~a eaecute, effat, completo, and compty wrth and abt~ie by each and every
the st~puiat~ons, aQreements, conditions, anJ covrnants of saiJ ~rvmusory note and c~f this mortgage, thcn this rtwrtgagc arni the estatc
- htrrby created shall cease and be null and vad.
w{ \nd thr mortgagur furlhtr cuvenanl~ as f.i~luw~:
~ 1 I hat he wifl pay thr ~nJrbteainc~s, a. herc~rt~rfurr pru~•~Jal. F'revelrge i+ re+rrved tu pay thr debt in whule, ur ~n aa amuuni ~yual
.u „nr ur nx,rr nwnthl} payments un the pr~n~~pal Ihat are nr~t Jue un the note, an the first Jay of any month priur tu maWrity: !'.u. idrd.
h~~..r~rr, that wnttrn nvt~ce uf an ~~tentsun to e~crc~~ ~ucl~ pnv~lrge grvrn at Icast Ihirty ~ z0? days priur to prepaqment: and. pruti+drJ
: iurthr~, tha~ in thr Cvent ihr Jrbt is paid in fu!! pr+or to maWrity :~nJ at lhat t~me ~t ?s imure~ i.ndcr tic pro+~~?ur» uf the ~au~~nal
Huu~~ng Aet, he w~ll pay to the nwngayrr an aJjusteJ ptrm~um chuge of one per crntum ~ 1°~;c 1 uf the ~xiQin;il pritxipal amuunt thereof.
c~~cpt lhat ~n no t~ent SAaU thr adjwted prrm~um rured tAe aggregatt emuunt af premium chargrs which wuu1J have hrrn payable if the
: nw~rtgagr had c~~ntinued ta tx inwred unul n?atunty; ,uch paymtnt to be eppl~ed by the mcxtgagee upun us ubligatiun w the ~rclar} ~i
_ Ht~u~ing anJ l:rha~ Ik~rf~pmem vn a:count of murtgage ~nwrance.
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