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HomeMy WebLinkAbout1784 , . 2/ls3'729 , . ~ . ST-16,904 STATE OF FLORIDA FW1 Case +094~067988-235 This form is used in connection FHA FORM NO 2110 m Wdlter B. Davis with morigages insured unde~ the Revised May 1971 ^~y~~~ iNSrnu~crir PRC*ARlD svr one- to four•family provisions of ABSTRACT Q TITLE CORP. OF FLA. the Natio~al Nousing Act. 20a f. 2N0 sT• ?ORT PI[RCE. FLORIDA ~ MORTGAGE ~ ~ TNIS ~1nRTGAGE. Ja~cri the 9th. day of FAbI11~y ..q. D. t9 7Z , by and ~~..~C~ Nancye V. Nalker, a sinqle adult hrrr~nafter callnl the murtgagar, and ~ ~ J. T. STi~TJ1RT MOdi'1`G1bG8 COl~71NY, . INC. ~ , a corporatwn u~genicrcl and txi~ting unJer thr law~s ~~f Stdt9 Of FlOrid8 , hereirsafter callnl the mortgagce, 1~ITNESSETH, ~he1 fi~r divers gocxi and valuable considcrations, arxi also in consideratian af the aitgrtgate sum namcd in the promiawry note hereinafter described, the said mortgagor Joes hereby grant, barga~n, sell, alien, remix, relue, convey, and cunfirm unto thc said murtgagce all that certain piece, parcel, or tract of IanJ of which the saK1 mort~agor is now xized and pos~es.sed anJ in acwal posscssion, situatc in the caunty of St. I~liCl@ arnl State of Fl~xida, dcxribed as follows: Lot 38, Block A, 1~lEST END 71DDITIat~1, as per plat thereof recorded ir? Plat eook 2, page 5 of the Public Records of St. Lucie County, Florida. ~ ~cEn-co _ ~ d Y,• ' ou~ ar ctass ~ PArre~r ~ !~.~hcrsi~ ~t. QF tuc~s ~ ~T T~ i.tiAPrE4 TI 13~, 2S~NAZ Pqipp~Rn,. i I~CER PUti,,,,:,. C,:u~; ACIg OF l971. ~~rt. St lucre Co ~ Together Nith all structures and ~mpro~emen~~ now and hereafter on said land, and fixtures atiached thercto, and all rents. issuts. pmceeds, and pru6~s xcruing and to xerue from caid premiset. all of which are encluded within the foregoing descriptiun and the habendum therrof: also all ga~, .tzam, electric, water. anJ othrr hrating, axil.ing. rcfrigeraUng, lighting. plumbing, ventilating, irrigaung. anJ power tiy~temti. machine., appliar?~es, firture,. and appurttnance~. wh~ch now are vr may hereafler pertain to, or be u.eJ w~th. in. or on wid premi~es. cvtn thuugh ~hey t+r Jelachctil cx detachable. ' Tn HAYi? A'.VD 70 N(lLD the same, Ingcthrr wilh all and cingular the tenements, hereditaments and xppurtcnancrs thereunto belongmg ur in an~wi~r appertaining, and the rever,ion and rt~~cn~onc, rem~inder or remainderc, rrnts, issuec, and prohts thereof, and :~Iw all thc estatr. right. UUr, interest, homectead, dower ar.ci right of dower. ~eparate estate, po+~ec~ion. claim arni demand whatwrver, a~ well in law ati in tyuity, of ~he wid m~xtgagcx in ~nd to the iame, and every part thereof. with the appunenances of the sa~d murtgagor in and to thr wme, and every part anJ parcel thrreof unto the ~aiJ mcxtgagre in fte semple. And thr rtwrtgagur herehy convenan~t with thr miKtgagec that he i. indrfea+ibly seized of said land ~n fee c~rt?plo: that he has full ~ power and lawtul right to cunvey the samt in fee simpte as aforesaid; that it shall be lawful for the mortgagee, at all times peaceabip and ` yuietly to rnter u{wn. huW. ~k~upy, arul rn~uy +anl lartd, a~1 every part thercuf: lhat ihc IanJ is anJ v?il) rema~n frer from all rncumbranrr,: that ~aiJ nwrtgagur wi11 make ~uch further a.,ur:~nces ti~ p~uve the fre s~mple ti~lr to tiai~ latxl in ~aid m~xtgagre as may be rrawnahly reyuircYt. and that wid rn~rtgago~ does hereby fully warram the utle to caid larxi. anJ overy part thereof, anJ a~ll drfeixl the .amr agaimt thr iawful ctaimti uf all perwm whumsoever. PRO1'1!)ED A!_W.~l"S, and thex prrsents are executrd anJ drl~~•ercd upun the follow~ng ci~ndiuunti, tu w ir. The rtwrtgagor agrecs to pay the mortgayee, or ordcr, the principal sum of ~a3V~TI'EEN T~~OLiSAND F'('XJR HUNDRED ~AiD NO/~100 Dullar, 11 17~4~.00 a~ evidenceJ by a nutc uf even date herewith, wilh interest from Jate at the rate uf SBVA11 r centum ~ 7'' P~ . 1 per annum on tht unpaid balan:.e until paid. ~he ~a~d principal and interest chall t+e payable at the office of J• T. ST~T~IZ'1' NOK1~G$ (~`~~~j]Yi INC~ Suite 300 - 100 Miracle Mile, Coral Gables, Florida ur at ,uch u~her place as thr hoWer of the note may designate m wrinng, in monthiy ~nstallmen[s of Q'~g j~~~~ plftggn and 88/I00-------------------------------..--pollars IS 115.88 commencing on tAc first Jay of Hd.xCh . 19 72, and un the first day uf each nwnlh thereafter until thr principal enJ intrrr,~ ~re fufly paid. e~crpt that the final paymrm uf pnrnipal anJ inttrect, if nut xwner paid. shall be dut and payable on the first day ot Febzua]cy • 2002 . . And ,hall July, prompUy, and fully perform, discharge, execute, eRect, complete, and camply with and abicfe by each and every the sUpulat~ons, ~grcements, conditions, and coven~nts of said prom~ssory note and af this m~xtgage, then this mortgage and the estatt hcreby crca~ed shall ctau and be nuU and void. AnJ ihc nxrrtgagur lurther covrnants as fullow~~ 1 I h.~t hr w ill p:sy Ihe ~ndebtrJnesti, hereintxfore pruviJcY1. F'ri~ itrgc f. ~e~enecl t~~ pay thr debt in whole, or en an amount equal w unr ~~r r~wrc nwnthly paymrnt+ on ~he principal that are ne~i Jue on the note, on ~he fint day of eny month prior to matunty: Pnwided. h~~µr~er, tha~ written nutice uf an intention to exercise wch privilrge i, given at Ieatt lhiny 1i01 Jayi prior io prepaymtnt: and. provided f~uther. that in the event thc Jrht i~ ~Said ~n futl prior to mawrity anJ et that t~mc rt is ~n>urrJ under thr PfOYfSi07IS of Ibe Nat~onal Hi~u~~ng .~rt. hr u~11 pay to Ihe mortgagce an aJju+teJ premwm charge uf one per centum 11 f: ) of the origina) principal amount ihereoi. c~crpt th.it in nu r.rnt ~hall thc adju~tcJ premium c~ceccl the aggregrt~ :~muum nf premium charget which would have been payable if the nx~rtgage had cont~nued to lx insureJ until matunty; ~uch payment tu t+r appl~eJ by the mixtgagce up~m its obJigation to the Seerctary uf H~~uting arxi l rban Ikvdopment on account of mixigage msurance. State Documentary Stacaps affixed to the original note and cancelled. ~ . . _ . _