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HomeMy WebLinkAbout2169 s s 51~16,~24 ~ I~r~01`r ` ')57312 ~ STATE OF FLOpIOA This forrti is used ,in coMection FHA FORM NO 2110 m with mort~ages i~sured under the Revised May 1971 one- to four•famity provisions ot ~ the National Housin~ ACt. ~ MORTGAGE THIS MORTGAGE, datcJ the lst ~aY ~;,'ebruary . A. D. t972 , by and ~~W~~ :iorline IIess and Alma Bess, his wife . hereinsfler calicd the mortgagor, and , STOCI~'i0,1, i~FiATLL•'Y, DAVI:~ d~ CO::PA;~'Y , a corporation organized and existin~ uniler the laws ot - State of Florida , hereinafter callod the mortgagee, WITNESSE"fH. t~at for diver~ good and valuable cunsiJeralio~s, a~x1 also in co~nidc~a~iun of the aggregate sum named in the promiswry note hereia~fter deac~ibed. the said mort~agor does hereby ~rant, bar~ain. sell, alien, remise. relase, convey, and confirm unto ' the said mo ee all that certain iece, ~ ritat p parcel, or tract of la~x1 af which the said mort~or is now xized and posses.sed and in actu:l possession, sitwte in the county ot St . Luc f e and Statc oi flixida, describod ss fdlows: Lot 230, Sheraton P1a2a, Cnit Three, Replat, according to the Plat Cnereof as Recorded in Plat Book 16, page 12 of the PubZic Records ~ of St. Lucie c:ounty, Plorfda. ~ ~ Together with the fo2lowing items of property which are located ~ in an3 periaaneutly installed as a part of the improvements on y said land : Y~ ~ ~ ~ RA+~tG~: COLl72~BUS, 2•~ODc:I. 34G, SERLIL :~L:iBIIt 438b7 RAI~GE HOOJ: MIAMI CAi;EY, r~n~. 3730 SgACE 2ffAlEc2: FORSAZ::r.~ :~~EL 465F ~ ~ ~ 3 The express entaneration of the foregoing items shall nat t~e deemed ~ , to limit or restrict the applicabil~ty of any other language d~- I scribing in general. tercus other groperty intended Lo be covered . ~ Q ; hereby . ~ ~ ~ ' ~ ~ ; pc ° 's State ~ocwnentary St~~ps affixed to tc?e oribir.al note and cancelled. # Toseihtr wi~h all strucwres a~xi improvements nuw and hereafter on said land, and fiatures attachul thereto, anJ all r~nts, issues. proceais, and prufits acc~uing anJ tu accrue frum tisid premises, all uf which arr included within the (oregoing dexriplion and the habendum thereuf; aiso all gas, steam, electric, v?ater, and uther heatrng, cookir~g, retrigerating, lighting, plumbing, ventilating. irrigating, anJ power sy~tems, machines, appliances, fiawr~, anJ appurtrnarxe~, which now are or may here+Rer pertain w, o~ be wed with, in, or un ~iJ prcmises, even thuugh they be Jrtached ~ Jeta~:habte. fO HAVF AND TO HOLD the ~am~. tugrther with a!1 anJ ~ingalar thc tenements, hereditaments and :?ppurtenan.es thereunto belunging or in anywise appenaining, and the rrveniun and reveniu~s, rcmainder or remainJe~, rents. ~isuts, and profits thrreuf, and also all the e~tate, right, titlc, intere~t, homestraJ, duwer and right of dower, xparate estate, p~essiun, claim arnf deman~l w~hatxxver, as well in law as in oquity, uf the s:?id martgagcx in and tu 1hc .~antt, and rvery part thereot, with the ~ppurtrnanccs ~uf the said rtr~ngegor in anJ to the xamc, and every prrt anJ partel thereuf unto Ihe said matgagte in fce simple. AnJ tht tnortgagor hereby convenants with Ihe mixlgagee that he is inJefeasibly seitai of ~aid land in fee ~imple; lhat he has fult powa and lawfu) right [o convey the same in fee simple u aforesaid; tha! it shaU be lawfu! for the mortgagee, at all times pexeably and ~ qweUy tu enter upon, hold, occupy, anJ enjoy ~aid IanJ. and every part thereof; that the lanl is arxl w~ll remain frce from all encumb~ances; that said murtgagur w~ll make such (unher asaurances tu pruve the fee s~mpte tiUe to said ianJ in said mortgagee as may be reawnably rryuireJ, anJ that ~aid rtwrtgagor dues hereby fully warrant Ihe title tc~ said lantf. anJ every part thercof, and will Jeftnd tht wmr against Ihe lawful claims of all prrwnt whomwevcr. PROV IDED ALWAI'S, anct Ihue presents are executal and Jel~~•ered upon the folbwingcornlitions, lo wit: ~ The mortgagor agrees to pay the mott~stee, or order, the principal sum of SEVY,.:TEF.I~ TNOUSAIvD :~I:~:E iJL::D3wJ cc FIi'TY ~ Vulfan IS 17 ~ 950 . ~0 a1 eviJenced by a note of evea date herewith, with interest from date at th~ rate of seven pe~ centum ( ] 9b) per annum on the unpa~d balancc unti( paid.'I'he said principal and intereit shaU be payable at the dfice of S20C.iC:i, F~;'ATLL`:, ~AL'Z~; & Cfl2~7?A::', i~0 I:est ~ay Street, ~acksonville, rlori3a ur at such other place as the hulJer uf the note may designate in wriung, in monthly installments of Oi~ HL~i'ilR~ ivlirETEEN Ai;~ 55/l0U Dollarsti 119.55 ~commencingon the fint day of ~jarCjj . 19 72, and on the first day of each month thercafter until the principal i . ~ anJ intere~t arc fully paiJ, rxcept that the final payment of prux~p•al and interest~ if not sooner paid, shaU bc due ~nG payable on the first i Jay of '.'e~ruary ~ 2002. • ~ And shall duly, promptly, and futty perform. dischar6e, exacute, efTect, complett, and comply with and abide by euh and evtry ' tht st~pulatioru, a~reements, conJitions, and covenants of said prumissory nde and d th~s mort~age, then this mon;age and the estate ; hereby creatod shall cease and be nutl and void. AnJ the mortgaeor further corenaMs as folloM~: 1. ~ha1 he will pay Ihe indebtednets, a~ hercinbefore provided_ Priv~lege is ruerved to pay the JeM in whule, or in an amounl oqual t~~ une or rrxire monthly payments on the prirxipal ~hat are nut due on the nae, on the firu day of any manth prior to maturity: /tiuvldrd, huwever, thal wnlten notice uf an intention to exercict stich privitege iti given at Icast thirty 130) days prior W prepayment: and, provrded fur~her, that in tAe event the deM i~ paid in full priur to mawrity and a1 that time it is inwred under lhe pravisio~u of the National Fluusing Act, he will pay to the mortgagee an aclju~ted premium charge of one pe~ centum (14F ) of 1he original prir?cipal amouni thereof, eacept ~ha~ in no event ahall the adju,teJ premium e.iceal thr aggrcgate amuuat of premium charges which would have been payable it the mort~age hni cuntinuat to tx ~nsured untH mawrUy: ~uch payment to be appl~ed by the mort~ee upon rts obli~auon to the 5ecretary of Fluusin~ and Ur1~n Devebpment on ucount o( matg~ge ~nsurance. TMIa IN5T~Zi1MENT PREPAHCO BY t'81Cer ~c~V1S SOR~~V{/ ~~GE?~r~W ~S4 2N0 i& TITiORT PI RC[. fL.pRtpA 1