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Home My WebLink About1047 ' ` ~ =r s "f ' FtA Case 094-068333-221 STATE OF FLORIOA Walter E. Davis INSntuwu~ wt~wR[o sY~ This ipm is used in connectio~ ~ ABSTRACT ~C TI'f'LE CORP. OR PLA, FHA FORM NO Z110 m ~s a. =NO !T. FORT PI[RCG ?LO!lIDiA with rtwrtgages insured ur?der the Revised May 1971 one- to four-family p~ovisions of the National Housing Act. ; MORTGAGE 225295 ~ THIS A10RTGAGE, datcd the 3~ ~ Jay of MdZ'Ch D. 19 72 , by and ~ between Izear Avalzt and Martha Avant, his wife • i hereinafter called the mortgagor. and ~ SOpt'1~ItN MO~RPGI~IC'sS ASSOCIATSS~ INC. i . a axporation or~anizal and existing under tht Iaws of Stdt@ Of ~ ~k8i'18d8 . he~einatter called the mortgagee. 3 WITNESSETH, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the ~ promissory note he~einafter dcscribod. the said mortgago~ does hereby graat. hu~sin. sell, alien. rcmise. relase. convey. and con6rm uato y the said mortgagef a8 that certain piece, parcel, or tract of land of which the said mortgagor is now seiud and possesscd and '+n actual ~ possession, situate in the county of ~ i St. IuCie and State of Ftorida. describod as follows: ~ ~ Lots 11 and 12, Block 8, I~II+RMONY t~IG~S, as per plat thereof recorded in Plat Hook 8, page 24 of the Public Records of St. Iucie Cou=?ty, Florida. ~ ~ g~~~ ~ a4 ~ J ~ 4 ~ ' ~ N y ~ ~ ~ ~ ~ j~.. C~ v, ~j State Doc~nentary Stamps affixed to the oriqinal note and cancelled N ~ a ~ ~ - r.: ° ~ ~ . ~ - ~ ~I Together with all strucwres and improvements now and hereafter on said land, ard fixtura attached thercto, and aU rcnts, issues. ; i proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing dacription and the r habendum thereof; alsii all gas, steam. electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ve~tilating, irrigating. ~ and pow•er systems, machines, appliarx:es, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used with. in, or ~ on said premises, even lhough they be detached or detachable. - s TO H4VE AND TO HOLD the same, iogether with all and singular the tenements, hereditamenis and appurtenances thtreunto r belonging or in anywisc appertaining, and the reversion and rcversions, remainder or remainders, rents, issues, and profits thtrcof, and i also all the estate, right, tidr, interest, homestead, dower and right of dower, separate estate, po6session, claim a~x1 demand whatsoever, as # wtll in law as in oquity, of the said mongagor in and to the same, and every part thereof, with the appurtenances of thc said mortgagor in ~ and to the same, and every part arnf parcel thereof unto tht said mortgagte in fee simple_ ~ And the mortgagor hereM~ convenants with the mongagee thal he is indefeasibly seized of said land in fee simple; that he has full ~ power and lawful right to convey the same in fee simple as aforesaid; that it shall be law~ful for the mortgagee, at all times peaceably and ~ quietly to enter upon. hold, occupy, and enjoy saiJ land, and erery part thereof: that the la~x1 is anJ w~ill remai~ free from all ~ encumbrances; that saiJ mortgagor will make such further aswrances to prove the tee s~mple title to said land in said mongaaee as may be reasonably required, and that said mongagor d~xs hereby fully warrant the title to said land, and every part thereof, and will defe~ thc ~ same against ~hr lawful claims of all persons vehomsoever. ; ~ PROVlDFD ALWAYS, and these presents are executod and delivered upon the following cunditions, to w•it: The mort~or agrees to pay the mortgagee, or order, the principal sum of SIICT~N THOUSAND T~~2~ HUNDR$D FIFl`Y AND NO~ 100po~~~ ~s 16, 350.00 ~ u evidenced by a note of even date herew ith, with interest from date at tht rate of ggVgn per centum 1 7 ck ) per annum on the unpaid balance until paid. The said principal and interrst shall be payable at the office of $~j~}~gj~ ~,~~,g j~s~~~$ p~ O. BOCC 38, Shenandoah Station, Miaraf, Florida ~ or at such other place as the holder of the nde may designate in writing, in monthly installments of Q~@ Hundred Biqht ~7ild ~ 89/100---------------------------------- pollars (S 108.89 commencing on the first day of April . 1972 , and on the first day of each month thereaftu until the principal ~ and intrrest are fulty paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first - ~iay uf March, 2002 • ! And shall duly, promptly, and fully perform, discharge, eaeaute, ePfect, complete, and comply with and abide by tach and every ; the stipulations, a~aments, Conditions, and covenants of said promissory note a~xi d this matgage, then this mort~age and the estate hereby created shall cease and be null ~nd void. } AnJ the rtwrtgagor further covenants as folluws: I. ~hat he will pay the indcbteJness, as hereinbefore Providod. Privilege is reserved to pay the debt in whole, or in an amount equal 3 to une or nwrc monthly payments on the principal that are next Jue on the nott, on the first day ot any month prior ta mawri~y: l'rovided, i h~~wrver, that written notice uf an intentiun to exercise such privile~e is given at least thirty (30) days prior to prepayment: and, provided further. that in the event the debt is paid in full prior to maturity and at that time it is irtsured under the provisions of the National i Hous~ng Act, he will pay to the mortgagee an adjusted premium chuge of one per centum 1 l ~lc~ ) of the origina! principal amount thereof. ~ except ~hat m no event shall the adjustcd premium exceed the aggregate amount of premium charga which would havt been payable if the mortgage had continued to be insurcd until maturity; such payment to be applied by the mortgagee upon its obligation to the Socretary of ~ Housing and Urhan Development on account of mortga6e insurance. ~ , b00K ~ ~GE1O~7 ' _ _ _z - - ~ ~ y ~ ~ x ~ ~ x ~ ~ ' ; ~ ~ ~ - ~ . . . _ _ ~.~-,r W.a~~~~~'a