HomeMy WebLinkAbout1660 f'' z7 1rHA N0. 093-202321-235
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STATE OF FLORIOA H. D. 800tH
ABSTRACT AND TITLE CORP. OF Pi.QRtDA This fam is use~ in connecti~n
FHA FORM NO 2110 m with mortqages insured under the
Rev~sed May 1971 p. 0. BOX 2737 , YERO 6$ACH. fLOiUUA ~e- to four-iamily provisions ot
htiltal t~ ~ titit i~stra~te ttaWCtiN. the National Housing Act. ~
2~~~ MORTGAGE
THIS ~tORTG/1GE, dated the 4t~i day of February , A. D. !9 72 , by and
betwcrn ApNAi.D E. YAi1N aud B~ARBARA A. YAf~1N, hi8 wife ,
hrreinafter called the mcxt~agor, and
ATICO 1~URTGAiGE CORPOkATION
, a curporatiun organitctii and existing un~ the laws of $t8t@ of Florida
. hereinafter callai the mort~agee.
WITNESSETN, that for divers good and valuable considerati~ni, and also ia considera~ion of the aggregate s~m namod in the j
prum~ssory note hereinafter describod, the said mort~ago~ does hereby grant, bugain, sell, alien. remise. relase, convey, and cunfirm untu :
tho said murtgggee all that certaia piece, parcel, or tract of ta~xl of which the said mcsrtgagar is now uiud and ~
pOS~ebstd alld in aCtUAI
possession, situate in the county of St . Lueie ~
E
an~i State of ~lorida, describod as follows: ~
i
Lot 2,:.Block K, MARAVILLA ESTATES, according to the Plat thereof, ae ~
recorded in Plat Book 8 ~
, page 77, Public Records of St. Lucie County, ~
Florida. ;
j
i
M1
As additfonal securfty for the paymeat of the indebtednese secured by this '
mortgage, the following non-real estate items are included: {
Westinghouse Raage KFK-3G :
Singer American 8lectric Ftimace BCE 22008 ~
A. O. Smith Electric Hot Water Heater 3
Nutone Fan - Hood ~
~
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t~or~icnt' F
~c wt,wa~cE ~ im.
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~ ~ ~ ~1'~ T-_ y
~ ~ ~'dTM~ CMA ~ *.1~ Oe. Rt, i
F 3
3 i
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F ;
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~ State documentary staapa affixed to the original note and cancelled. s
~ Tuge~her with all structures and imptovements now and Aereafter on said land, and fixtures attacAed thereto, and aQ rcnts, issues. ;
pnxectifs. and profitc accruing and to a~crue from said premises. •rll of which are included within the foregoing description and the
: hat+endum thereuf; alsu all gas, steam, electric, Kater, and other hr:+ting, c~w?ing. refrigeratireg. Iighling, plumbing. ventilating, irrigating.
~ :,nJ pnwrr sys~em.. machines, appliances, fixwres. and appurtenances. which now are or may hereaf~er pertain to. or be uud with, i~, or ;
~~n s:~id premi~e~. rvrn thuugh they br detached or detachable.
~r~~ t{.avE :i!~D i'n HOLD the wmr. tugethrr with all and sirtgular the tenements, hereditaments and appunenances thereunto
helonging or m~n~Nisr appenaining, anJ the rrversion and reveRion~, rcmainJer or remainders, rents, issues, and profits thereof, and ;
~ a{x~ all thr c.tatr, nght, title. interest, homectead. duwer and right of dower, separate estate, po+~e~sion. claim arni demand whatuxver, as ;
{ welt in I~w a. in cyuity. of the +aid mortgagix ~n and to thr same, aM1 every paA therrnf, wi~h ~he appurtenances oE the said mortgagor in
~ :+rxi to lhz ,amc, and every p~rt anJ parcel therrof unto the wid mortgagee in f~e simplt.
2 AnJ the mottgagur hereby co~va;nants with tht m~xtgagce that he is inJefeasibly seized of caid IanJ in fee simptr, that he has full +
~ power and (awTui right to cunvey the same in (ce simplt as aforesaid: tbal it shall be taw~ful for the mortgagee, at all times peaceably and ~
~ yuirUy w rnttr u~n, huW. ~xcupy, arxl enjoy said land, atxl every part thereoL• that the lanci is and will remain free from all
~ rr?cunibrancr~: that .aid mongagor v?ill make such fanh~r aa~urancec to pruve the fee simple titfe to said tand in said m~xigegee as may he ~
- rr:,wmahly reyu~rrd. and that said rrk~rtgagoi dcx+ heret+y Fully xarrant !he ~i11e to said I~nd, and every part the~rnf, and wi11 defen~i tht
tiemr .~ga~nst the IaNful cla~ms of all person+ wh~m~orver. ~
PKOV (DED .qLW.~YS, atxl thex ~xtsrnls are executed and delivered up~m the folloN•~ng conJitions, to N it~ ;
' The mortgagur aerces to pay the mort~aQee, or order, the principal sum of EIGHTEEId THOtTSAND ONE NiJNDRED and 00/ 100 '
~ 1)ollan IS 18, 100.00 :u evidenced by a note ot even date herewith, with interest frum datc at thr
~ ra~c uf $EVEN per crntum ~ --7-- n) per aneum on the unpaid balancr
~
j unul p~id, fhe said principal anJ intereat ~hall be payablr at the offke of ATICO MORTGAGB COItPORATION
j r. 0. Box 3131, Miami, Florida 33101
,i ur ai +uch uther plac~ as the holder of ~he note may decignate ~n wri~ing, in rtxmthly installments of Qpe Hundred 1~,renty 8[1d
' S5 I00----- Dollars(S
~ 120.55 l.commern.ingon
the firs~ day of Apri 1 . 19 72, anJ un the first Jay of each month thercafter unul the pnncipal
- ~nd interr~t arc fully paid, rxctpt that the final payment uf pnrxipal and ineerrst, if nut xn~ner paiJ, shall ?+e due an.f payable un thr first
3 ~~y ~,rt March, 2002 .
And ,hall duly, promptly, and fully per(orm, discharge, eaecute, ef7ec~, wmplcie, and comply with arni abide by tach anJ every
ihe ~t+pulauuns. ~greements, conJ~t~ons, and covenants uf sa~J promitwry nute anci ot thi4 murtgage, thrn this nwrtgagt ind the estatt
hrreby creatcd shall ceaae and be null and vo~d_
\nJ thr nwr~gagur fur~her co~enanl~ a, folluw~:
- I! hai hr »ili pay th~ ~ndebtrwlnc~+, ,u hrrrinbefure pruv~JcJ. Pnvilrge is reservaJ tu pa~~ tht dehl in whule, ur in an amount eyual
° i~~ ,~nr ~~r morr m~nthly paymenls un Ihc princip:~l that are ne~t Jue on the note, on the first day of any munth prior ta mawn~y- I'ru~•idr~l.
- h~~wr.~r, that wn~trn nuucr ~f an inlenuun tu e~ercise ~uch priv~lrge g~~rn at len~1 thirty t)A1 Jay~ priix to prcpayment; and. pruv~JrJ ~
tierlhrr. :ha~ ~n ~hr rven~ ihr ~iebt u paiJ ~n full pnor to malunty and at that time it in~ureJ under the provisiuns uf the ~va[~unal
- Il~~u+~ng Ac~, he w~ll pay t~~ ~he nwrtgagre an al~u.lcd prcmwm chuge of une per centum 11'.: ) of the oriYinal principal artxwnl thereof.
c~~cp~ th~1 in rx~ e~rnt .hall thr ad~u.trJ prrmium r~rrrJ the aggrcgate amuunt of premiiim charges witich wou1J bavt beon payahle if Ihe
= nM,rt r haJ c~~ntinurJ tu t~e ~nwre~ Utit~l mawnl f
_ d B y; +u~h payment tu be :spplieJ by thr m~~~ tgagee upon its ubli~at~un to the ScYrctarv of
; Il~ni~ing anJ l rbar. f)e~ri.~pmen~.rn e~i.~unt uf murtg:,ge imurance.
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