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I~rIG~'3Q1 S~~IJ ~t ~5}7 ~ T 7
STATE OF FLORIDA
This form is used in connection ~
FHA FORM NO 2110 n1 with mort~a~es insured under the
Revised trlay 1971 o~e- to four•family provisions of ~
the Nationai Housing Act.
MORTGAGE .
THIS MORTGAGE, Jatcd the 18t day of February , A. O. 19 72 , by and
~~`"Kn plton ~+7alker und Loretha Walker, his Wife ,
heremaftcr called the mortgaga, and
STOCr~O~, t1HATLEY, aAVLy & cor~A?ti~Y
, a corporation orgaaized and exis~ina undcr the laws of
St~3te O~ Flozida , hereinafter callod the mort~agee,
WITNESSETH, that fur divers ~ood and valuable considerations, and also in consideration of the aggregate sum named in the
promissory note hereinafte~ describod, the said mortgagor does hereDy gant, bu~ain, xll, alien. remise, rclase, convcy, and confirm uato
the said mortgagee all that cenain piece, parcel, or tract of land of whicA the said mortta~or is now seiud aad pcuxssed and in actual
possession, situate in the county of
St . Lucie and State of Florida, descrebed as fdMws:
LoC 235, Sheraton Plaza, Unit Three, Replat
according to the Plat thereof as recorded
in Plat Book 16, page 12 of the Public ltecards
of St. Lucie County, Florida.
Together with the follawing items of property which are located
in and permanently installed as a part of the improvements on said
Iand:
RAc,GE: COLL:~4BUS, 2:ODEL 34G, SERIAL ~i'~R~E.R 43875
RA3vGE HOOD: MIAi~iI CARBY, 2•ADEL 3730
SPACE HEATER: FORSAIRE, *iODhZ 465F ~
The express enumeration of the foregoing items shall not be deemed
; to limit or restrict the applicability of any other language de-
~ acribing in general teztns other property intended Co be covered
E ' hereby. ~
f
` State Documentary Star~ps affixed to the original note and cancelled. ~
Togclher with all strurtures and improvements now and hereafter on said land, and fixtures attachai thertto, and all r~nts, issues,
proceeJs, and pro6ts accruing and tu xcrue from SaiJ premises, all of whech are incluJed within the foregoing descripiion and the
~ habrndum thereof; also all gas..team. ela;tric, wacer, and other heating, ccx~king. refrigerati~e. li~hting, plumbing, vtniilating, irrigating,
aixl pciwer systems, machines, ~ppl?ances. fixtures. and appurtenaekes, w•hich now are or may hereafttr pe~tain to, or be uxd with, in, or '
on aaiJ premises, even lhough they be d~tachatil ~x detachable. i
f0 HAVE AND "f0 NOI.D the ~ame, together with all and ~ingular Ihe tenemcnis, hereditamenu anJ appurirnances tbereunt~ ~
belunging or in anywix apperta~n~ng, and the rcvzrsiun and reversions, remainder or remain~ien, rents, issucs, and proAts thereof, and
slso all ~hr estate, right, tiUe, interest, humralr:xl, duwer anJ nght of ~wer, separate estate, possession, claim and dema~xl wbauoever, u
well io law a~ in equity, of the wiJ mortgagur in anJ to the same, and every part thertof, wilh tht ~ppurtenanccs uf tht saicl tn~rtgagor in
and to ~he ~ame, arxi every par~ anJ parcel thereof untu the said m~xtgagcc io ~ee simple.
And the rtwrtgagor hercbq cunvrnants with thr mortgagee that ht ~s indcfeasibly seized of sa~J land in fcc simple: that he has full
- power and lawful right W convey the same in fee simple as aforusid; that it shal! be lawfu! for tht mortsa~eq at aU times peaceably and i
} quietly tu cnter upun. hoW, ix.cupy, anJ enjuy s:?id IanJ, a~xf every part thereof; that the larxi is and will remain free from all
= rncumbr~nces; that said mortgagur w ill make such turther :wuranecs tu prove the fco simple tiQe tu said land in said mort~agee u may bt
reasunably requiretil, and th:~t ~aid rtx~rtgagor Jocc hereby fu~ly we~rant the tiUt to said land, and every part lhereof, and will defcnci the
~ +ame againxt the lawful claims of all perWns whomwever.
` PItOV IDED ALWAYS, anci thex presents are eaecutetf and dcliverecf upon tht folbwing conditions, to wit '
? The mortgagor agrea to pay the monga`ee, or order, the principal sum of i: Z;•+ETEE:ti' THOUSAr7l7 AiY~D ~IO/100 _
= Dollars (S 19 ~000.0~ ac evidenced by a note of Even date horewith, with interest from date at the f
€ rate ui
seven per centum ( 7~c ) per annum on ihe unpaKi balance
until paid. The said principat and interest shall be payable at the dfice of STOC~OI~ ~~~t~ATLEI' ~ JAVIiv Sc COiIPRI~Y
i~~ :7est "ay Street, Jacksonville, Flori3a
" ur at sua:h other place u the huldrr uf the note may Jesignate in writing, in monthly installments of O:.E Fi'.i:iDRED Tt.~'E:TTl -SI.~ &~u ~ 1~~
~ - _ Doflarslf 126.5~i ).commercingon
~
` the first day of ::~rC~t . 19 72, and on the first day d eacl? month thercafter until the prineipal
and interest are fully paid, except that ih~ final payment of principal anJ inierest, if not sooner p~J, shall be due anel payable on the first
Jay of t'ebruary, 2002. . !
j And shall duly, promptly, and fully pMam, dischar6e. execute, eftect, complett, and comply with and abide by euh and every
the stipulatiuns, agreements, conditiom, and covenants of said promiswry note and d this mortgage, then this moneage and the cstate
hercby crcated shall cease and be null and void.
AnJ the mongagor funher covenants as folbws:
1. fhat he will pay thr indebtcdnesa, at hcreinbcfore proviJed. Privilege is reservod to pay the debt m whole, or ~n an amount oqual
f w une ur rtx,re rrxmthly payments on the principal that are nett duc on the note, on tAe first day of any month prior to maWrity: /tovid~d,
huwever. Iha1 written notice of an intentiun to exercise sucA privilege is given at Itast thirty (3Q1 days p~iix w prepaymenl: and, prov~~icd
` lur~her. that in ~ht cvent the debt i, paid in full prior to mawrity and at that time ii is insured under the provivons of the Natiunal
+ Hou+in 4ct. he will a to the mnrt a re an ad~usced remium chu d one
B• p Y 8' B 1 P 6~ per ccmum 1 I~r 1 of the ai`inal prine~pal amount thereof.
except ~hat in event shatl ~he adjuctrd premium exceed the aggre~ate amuunt otpremiumcharges which would have been payable if the
mor~gage had cun~inued to be insured until matunty: such payment to be applied by Ihe mart~ee upon its oblisatio~ to the Secretary of
i Housing and Urban Devebpment on account of mortsage insurance. f
THIS INSTRVMENT PR£PARED sv: Wal[er E. DBV~S i
~f1(~}r 1~~ ra~~ z,~~ ApSTFACT & TlTL[ CORP, OF FL/1
~ a.CS : `iG c- ~OHT P~ERCE. FLOR'DA
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