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STATE OF FLORIDA
This form is used in connection ;
FHA FORM NO 2110 m ~~~~CL`65 with mort~a~es insured under the
Revised May 1971 1~r1~ra~o one- to four-fam~ly provisio~s oi
the Natiorwl Housing Act. '
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MORTGAGE '
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, THIS AlORTGAGE, Jatn1 the lStt1 day of MSrCtI , A. D. 19 72 . by and
betw«n ir1ARRBN S. CRAIG and GRACE B. CRAIG, his ~,rf fe •
hereinaRe~ callod the mortgagor, and
ATICO I~RTGAGE CORPORATION
, a corporation organized and existing under the laws of Stat@ of Florida
. hereinafter callod the mortgagee.
W ITNESSETH, that for dive~s good and valuable considerations, anJ also in consideration uf the aggregatc sum named in the
promissory note hereinafter described. the said mortgs~or does hereby gran~. bargain. sell, alien, rcmise, relase. convey, and confirm unto
the said morigagee all that cenain piece, parcel, or tract of land of which the said mortgagor is now uized and possesud and in actual
posses~ion, situate in the county of St . LuC1e
- and SWte of Florida, dacribod as follo~vs:
Lot 11, Block "K", MARAnILLA ESTATES, a Subdivision according to the plat
thereof recorded in Plat Book 8, page 77, Public Records of St. Lucie
County, Flosida.
As additional aecurity for the payment of the indebtedness secured by this
awrtgage, the following non-real estate items are included:
Singer American Electric furnace - Iiodel #BCE22008
Westinghouse Bange I~K 3K
30" hood ~
0. A. Smith Hot Water Heater
~p ~,,,3~ M N~~ S'~~ T6is i~:trseent prepared b~
~c aM au~ ~e ~rMr~ Mo~w~ H. e. eooTH
~~*~~»,~~psd/ ~j, y?~~ ; AG•1EACT r I~n TlTLE CORP. OF FLORIDA 't
~ ~ ~ ~ ~ ~ ~ ' F. 0. BGX 2737 , V;:RO BEACN, f LOR1uA
i~cidcnt to a lide inaaraoce transactio~.
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~ $27.60 State documentary stamps affixed to the original note aad caacelled.
E Together with all siructures anJ imp~ovements now ancl hereafter on said land, and fiatures attached therew, and all rents, iuues.
` prceceds, a~xi profits accruing arxi to accrue from ~aiJ premises, all of which are included within the foreguing desc~iption and the
~ habenJum thertof; also el) gas, steam, electric. R'JICf, and other heaung, c.wl.mg. refrigerating, ligl~ting, plumbing, ventilating, irrigating,
anJ puwer systtms, m:x:hines, appliarkrs, fiztur~s, and appurtenarke.. Nhich nuw are or may hereafter pertain to, or be u~ed with, in, or
on saiJ premise~. even th~ugh they be detached ~x Jetachabie.
"I'n HAVE A1~D "I'O HOLD the same, tugether with all and ~ingular the tcn~ments, hereditaments and appurtenances thereunto
b~longing or in anyw ix appertaining, and the revcniun and reverswn~. remalnder ~x remain~iers, rents, is,ues, and profits thereof, anJ
~ also all thr tstate, right, tide, interest, hom~te~d, dower arxl right uf duwer, stparate estate, p~xxs+iun, claim a~x! Jemanc! whatsuever, as
well in law as in oquity, uf the +:iid mortgag~x in arni to thr +ame, and every• part thereof, with the appurtenances of the said rtwrtg:tgor in
~ and to the same, and every part arx! parcel thereof unto the said m~xtgagee in fee simple.
And the mortgagor hereby :onvenanls w~ih thc m.xtgagee that he is indefeasibly +eizcd of ~aid land in fee +imple: lhat he ha+ full
power and lawful right to convey the same in fee simplc as aforaaid: that it shall be law[ul for the mortgaPce, at all times peaceably and
quieUy tu enter upon. hu1J, occupy, arxi enjoy saiJ IanJ, and every part thereuf: that thz lancl i~ and will remain free frum atl
encumbrances: that saiJ rrwrtgagor will maAe ~uch funher as,urances to prove the fee simple tiUe to said larid in said mcutgagee as may be
~ reasnnably requireJ, and that wid mortgagur dors hereby fully warrant the titlr tu said land. and rvery part thereof, anJ will dcfenJ the
same :~g~~nst Ihe lawful claims of all persons whom~ever. .
PROYIDED ALWAI'S. and these presents are cxecuted and Jeliverc~cf upon the followmg cunciit~ons, to wit:
The mort6aaor agrees to pay the mortgagee, or order, the principa! sum ot EIGHTEEN THOUSAND FOUR HUNDRED and 00/ 100
~ Dollars IS 18~~~.~~ 1. as evidenced by a note of even date he-ewith, v?~ith interest from date at the
~ ratc of Seven per centum 1--7-- per annum on the unpaici balance
until paid. The said principal and interesl shall be payable at the office of ATICO t~D&TGAiGE CORP(~ATION
~ P. 0. Box 3131, Miami, Florida 33101
' or at such other place as the holder d the note may designate in writing, in rtwnthly installments of Oae hundred twenty-tW0 SAd
' S4/100- ~ouarslS 122.54 ~ ~ B
commencm on
~ the first day of rjgit . 19 72 . and on the first day of each month thereafter until the principal
~ and interest are fully paid, except that the final payment of pnncipal and interest, if not sooner paid, shall be due and payable on the first
~ day of pprl l~ 2002 ~
~ And shall duly, promptly, and fully perform, dischuge, eaecute, etfect, complete, and comply with and abidr by e~ch and every
~ the stipulations, agreements, canditions, and cuvenants of sa~d promissory note and of this mortgage, then this mortgage and the estate
hereby created shall cease and be null and void.
~ And the mortgagor further covenants as follow•s:
; I. "~hat he will pay the indebtedness, as hereinbefore proviJcd. Privilege is reserved to pay the debt in whole, or in an amount equal
- to one or more monthly payment, on the principal that are next due on the note, on the first day of any month prior to maturity: /'rovided,
r however, that wriuen notice of an intemion to exercise such privilege is givcn at least thirty 130? Jays prior w prepayment; and. Provided
- further, lhat in ihe event ~he debt is paid in full prior to maturity anJ at that time it is insured under the provisiorn of the National
Housing Act, he will pay to the mortgagce an adjusted premium charge of one per centum 11 ~fr 1 of the original prirxipal amount thereof.
~ except that in no evenl shafl the aJjusteJ premium excecci the aggrega~e amount of premium chargec which would have been payable if the
mortgage had continued to bc insured until mawrity: such payment to be applied by the matgaaee upon its obli6ation to the Secretary of
~ Housing and Urban Ikvelopment on account of mortgage insurance.
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