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HomeMy WebLinkAbout1660 f'' z7 1rHA N0. 093-202321-235 , K . 3G ~ • . , nt~ bdr~.e.t pre~ar~i b, ~ I 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 ~ ~ ~ ~ t~or~icnt' F ~c wt,wa~cE ~ im. ~ ~ ~ ~ ~1'~ T-_ y ~ ~ ~'dTM~ CMA ~ *.1~ Oe. Rt, i F 3 3 i c F ; ~ ~ ~ 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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