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HomeMy WebLinkAbout0886 ' t~u iywt i~ii~rJ1'~~ • • ' 1~~ ~ FHA~NO?~ 093-102323~235 ~ 'I~it ic~truaenl prepared b~ STATE OF FLORIOA H. D. BOUTH ABStRACT AND T1TLE CORP. OF FLORIDA This tam is used in connection FHA FORM NO 2110 m with mortQages insured under the = Revised May 1971 P• 0. BOX 273? . VERO BEIICN, FLQRtOA one- to four•family provisions of lncided to a title iasara0ce kawctia~, the National Housing Act. c. C 0 . ~ MORTGAGE - r ~v ~63~ THIS MORTGAGE, dated the 9th day oi February . A. D. 19 72 , by and be~ween JACQU$LINE H. SINQUEFISLD, au adult woman T'"r' • hereinafter called the mortgxgor, and ATICO I~RTGAGB CORPORATION ~ . a corporalion organizal and ezisting under the laws of StBt@ of Florida . he~einafter calleei the mortgagee, WITNESSETH, that for divers good and valuable consideratiuns, and also in consideration of the aggregate sum namod in the promissory note hereinafte~ describcd, the said m~tgagor does hcreby g~ant. bargain, sell. alien, remise, retase. convey, and confirm unto ~ the said mortgagee all that certain piece, parcel, or tract of land of which the said mort~agor is now seiud and possesced and in acwal 4 possession, situate in the county of $t . Lueie and State o[ Floricfa, de.scribed as follows: Lot 4, Block "K", MARAVILLA ESTATES, a subdivision accordiag to the plat thereof, ! as recorded in Plat Book 8, page 77, Public Records of St. Lucie County, Florida. As additional securitq fQr the payment of the indebtedness secured by this mortgage, the following non-real estate items are included: Nestinghouae-Raage-IQ~IC 3G Siager ~mericaa Elec. Ptirnace BCE 22008 A. 0. Smith Hot Water Heater Nutone Fan-Hood ~,n c ~i3~111 ~ OtIE dl ~ Y~ ~ l~i90MAL ?~1?~ WRfIWtf 1~ ~fFJt I~•!x ACti ~ I3'l1. A0~ lOITRA~ CMA Ciqdt ba~ St t~ob Co. ff~ To re-record to show correct date. , ; State documentary stamps affixed to the original note and cancelled. i ! Together with all structures and impfovements now and hereafter on said land, and fixtures attached thercw, and all rents, issuts, proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing descripiion and the ` habenJum thcreof; also all gas, steam, electrie, w•ater, and wher heating, ccwAing, refrigerating, lighting, plumbing, ventilating. irrigating, arxi power systems, machines, appliances, ficturrs, and appurtenances, which now are or may hereaftcr pcrtain to, or be used with, in, or : on said premises, even though they be detacheJ or detachable. ; TO HAVE ~ND TO HOLD the same. togethcr with all and singular the tenements. hereditamenis and appurtenances thereunto ~ belonging or in anywise appertaining, and the re~•crsion and reversionc, remainder or remainders, rents. issues, and profits therrnf, and ; also all the estate, right, tide, interest, homestead. dower and right of dower, scparate estate, possession, claim and demand whatsoever. as : w~ll in law as in equity, of the said mortgagor in and to the same, and every part thereof. with the appurtenances of the said mortgagor in ~ and to the same, arxi ~very part and parcel thereof unto the said mortgagee in fee simple. ; And the mortgagor hereby convenants with the morigagee that he is indefeasibly seized oi said land in fee simplr, that he has full ~ power and {awful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagce, at all times peaceably and i = quieUy tq enter upon, huW, occupy, anci enjoy said land. anJ every part ihereof; that the lanel is and will remain free from all ~ encumbrances: that said mortgagur will mal~e such further :i+surances to prove the fee simple tide to said land in said mortgagee as may be ~ rrawnably requireJ. anJ that said mortgagor dcxs Aereby fully warrant the title to said land, and every part thereof, and v?i11 defend the ~ ~ame against the lawful claims of all persons whomsoever. : ~ f PROV IDED .~11_WAYS, and these presents are executed and drliverai upon the following curniitions, to wit: ~ The mort~gor agrces to pay the mortgagee, or order, the principal sum of EIGHTEEN THOUSAND FOUR HUNDRED 8IId 00/ 100 ~ Dollars IS 18,4~Q.~0 as evidenced by a note of even date herewith. with interest irom date at thc ~ = rate of S~1EN per centum !-~7~~ per annum on the unpaiJ balance ; until paid. The said principa! and intCrest shall be payable at the office of ATICO ?~RTGAGE CORPORATION, Y ~ P. 0. Box 3131, Miami, Florida 33101 ° or at wch other piace as the holder of the note may designate in writing, in monthly ittstallments of ONE HUNDRED T~iENTY-1~10 AND S4/ IOQ------------------------------------ Do11ars (S 122.54 ~ commencing on ; ~ ~ the fint day of April . 19 ]2 , and on the first day of euh month thercafta until the principal = and intcres~ are fully paid, except that the final payment of principal and interest, it not sooner paiJ, shall be due arxi payable on the first ~ _ day of March, 2002 • ~ - And shall duly. prompUy, and fully perform. dischar~e, euaute, effect, complue, and comply with and abide by each and every ~ the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate ~k hereby created shall ceate and be null and roid. ~ AnJ ~he mortgagor further covenants as fulluws: ~ 1_ ~hat he wifl pay the indebtaiqcss, as hereinbeforc proviilal. Privilege +s reservod to pay the dcbt in whole, or in an amount eyual ~ to one ur rrr~re rrwnthly payments on ihe principal that are next due on the note, on the first day of any month priur to maturity: !'r~iti•ided. - huwever, that writte~ notice of an intenuun w exercise such privilege is given at least th~rty 130) Jays prior to prepaymenr, and. provided ~ furth~r. that in the event the debt is paid in full prior to maturity and at that time it is insured under the provis~ocu of the National r Housing Act, he will pay to the mortgagee an aJjustcd premium chuge of one per cenwm (1 of the original principal amount thereof, except that in no event shall the adjusted premium exceai the aggregate amount of premium charges which wuuld have been payable if the rtwrtgage had eontinued to be insured until maturily; such payment to tx applied by the mcxtgagee upon its obligation to the Socrctary of - Housing anJ Urb~n Development on axcwnt of mortgage insurance. ~ ryn : 0 R t~~ p~ SOOK~~7J PACE1s~~ ` S~~R ~VLJ SOV ~ ~ r~ ~ - ~fi=~ ~~...~~-a s~;, _