HomeMy WebLinkAbout1549 r ii; FHA N0. 093-102317-235
~
ta K ~ G b'U
STATE OF FlOR10A
Tfiis form is used in connettion
fHA FORM NO 2110 m with rtwrt~a~es i~su~ed unde~ the
Revised May 1971 ~6v~ he Nati al Hous
ng
Act sia~s of
MORTGAGE
THIS MORTGAGE, datctii the 1Stt1 ~$y °f March . A. D. 19 72 , by and
betw«n $pp~A ~Y 2AYLOR , an adu 1C womsn • ~
hereinafler called the mon~agor, and
i
ATICO I~RTGAGB CORPORATIOCNrporat~on organiud and existing under the laws of State of Florida
. hereiaafier callod the mortgagee,
WITNESSETH, that for divers Qood and valuable consideratiuns, and also in consideration of the aggregate sum namod in the
promissory note hereinafter dacribed. the uid martga~or docs hereby gant, bargain, sell, alien. remiu, relau, convey. and confirm unto
the said mortgagee all thst cenain piece, parcel, ar tract of land of which the said mongagor is now seized and possessed and in actual
possession, situate in the county of $t. Lucie
ud State of Florida, described as fdlows:
Lot 14, Block "K", lfARAVILLA ESTATES, a Subdivieion according to the plat
thereof recorded in Plat Book 8, page 77, Public Records of St. Lucie
County, Florida.
As additional security for the payment of the indebtedaese secured by this
mortgage, the following non-real estate items are included:
Singer Ae~erican Slectric BUrnace BCB 22008
iiestinghouse Range I~R 3G
Hood (30")
A. 0. Smith Electric Hot Water Heater
~ ~-~.~.fZ.a.~ IN PAYYFxt OF TAX~
Ol1E ON CiASS ~C' tlITAN91BlE PERSONAI PROPERIY~
PURStJANT iD CIIAPTFA 71•131. ACR Of i971. 7>?
~ ~t~ ~ ~ ~ ~ ~ This iostrnment prenared b~
H. G. EGt,Tff
AE~: i kAtT r NG TtTLF. CORP. OF FLORIDA
~ P. Q. 6GX 2737 .~'ERO IiEACH, FLORIDA
• uciled ts a tiile inwrance transnctio~.
i
$27.60 State documentary stamps affixed to the original note and cancelled.
Together with all structures and improvements now and hereafter on said fand, ancl fixwres attuhed therew, and all rcnts, issues,
proceods, and profits accruing and to accrue from said premises, al{ of which are includeJ within the foregoing dacription and the
habendum thercof; alw all gas, steam, electric, water, and othen c~ating, ciwking, refrigerating, lighting, plumbing, ventilating, irrigating,
f and power systems, machines, appliances, fixWrts, and appurten:~ncea, which nuw are or may hereafter pertain to, or be used with, in, or
~ on said premises, evrn though they be Jetachni or detachable.
; TO HAVE AND TO HOLD the same, tvgether with all and .ingular the tenements, hereditaments and appurtenances thercuntu
t belonging or in anywix appnrtai~ing, anJ the reversiun and reversions, rzmainder .x remainders, rents, issuzs, and profits thereof, and
~ also a!1 the estate, right, tidt, interest, homesteaJ, dower and right of ~Wwer, separate e~tate, p~ession, claim and dert~nd whatsotver, as
well in law as in oquity. of ihe wiJ mortgagor in and tu,the same, and nvery part thereuf, with the appurtenanets of the said mortgagor in
5 anJ to the same, ancf evcry part arxf parcel thereot unw the said murtgagre in fee simple.
~ And the mortgagor hereby convenants with the mortgagee that he is inJefea,ibly ~eized of sa~d land in fee simple; that he ha~ full
powe~ and lawful right to convey the same in fee simple as aforesaid: that it shall be lawful for the mortgagee, at all times peaceably and
~ quieUy to enter upon, huld, occupy, and enjuy said IanJ, arxi every part thereof: that the land is and will remain free from all
~ encumbrancts; that saiJ murtgagor will ma[e such furthe~ aiwrances tu pruve the fee simple ti0e to said larnl in said mcxtgagee u may be
g reawnably reyuireJ, and that tiaiJ morigagor d~xs hereby fully warrant the t~Ue t~~ caiJ IanJ, and e~•ery part thereuf, and aill deferxl the
~ same against ~he lawful claim, of all perwns whomsoever.
~ PROV IDED ALWAYS. arxi these presents are executed and delivereJ upc~n the follow eng corxfitions, to w•it:
z The mortaagor aBces to pay the mortgagee, or order, the principal sum of EIGHrEEN THOUSAND FOUR HUNDRED 8Ad 00/ 100
[h>llars (S 1$,~+00.~~ l. as evidenced by a note of even date he-ewith, with interest from date at the
~ rate of Seven per centum `Xv) per annum on the unpaid balance
~ unut pa~d. "il~e said principal and interest shall be payable at the office of ATICO MiORTGA~G$ CORPORATION
= P. 0. Box 3131, Miami, Florida 33101
= or at such oiher place as the holder of the nute may designate m writing, in rranthly installments of ~@ huadred twenty-C410 Sild
' S4/100------------------------------------- Dollars(S 122.54 ).commeneingon
~ the first day of ~3? . i9 7$ and on the first day of each rt?onth thereafta until the principal
and intercst are fulfy paid, eacept that the final payment of princ~pal and ~nterest, if not sooner paiJ, shaU be due and payabk on the first
- aay ~f Apri 1, 2002 •
- And shall duly, promptly, and fully perform, discharge, execute, efTect, complete, and comply with and abide by each and every
- the stipulations, agreements, conditions, and coyenants of said promissory note and of this mortgagq then this mor[~age and the estate
hereby created shall cease and be null and void.
AnJ the mortgagor further covenants as follows:
1. That he will pay the indebtedness, as here~nbefort paividai. Privilrge is rese~ved to pay tbe debt in whde, or in an amount equal
- to one or more monthly paymrnts on tht principal that arc next due on the note, on the 6rs1 day of any month prior to maturity: I'rovidad,
however, that written nolice of an intention to exercise such privilege is given at least th~rty 1301 Jays prior to prepayment; anJ, proviJed
further, that in the event the debt is paid in full prior to maturity and at that ~ime it is insured under the prov~sions of the National
Housing Act, he will pay to the mortgagee an adjusted premium charge of one per centum 11 ~F: ) of the original principal amount thereof,
exeept that in no evem shall the adju~teJ premium ezceod the aggregate amount uf premium charga which would have been payable if the
martaa6e haci cuntinued to be insured until mawrity; such payment to be applied by the mort~asee upon its obli~ation to tbe Socretary oi
_ Nousing and Urban Devebpment on account of mortgage irourance.
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