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Home My WebLink About1902 ~~+y~fJ. SWD # 957319 STATE OF FLORIOA This form is used ~n connection FNA FORM NO 2110 m with mortgages insu~ed under the Revised May 1971 one- to four•family provisions of the Natio~al Housing Act. NIORTGAGE THIS ~It)RTGAGE, Jatnl the lst daY ~ March . A• D. 1972 , by and between JAI~S H. KING and WILLIB M. KING, Hie Wife • haro~naRer callyd the m.x~gagor, aod STOCKTON, WHATLEY, D~AVIN b~ COI~ANY , a corporation organiteJ and existing under the laws of State of FloY'id8 , hereinafter calleJ the murtgagee, VYITNESSETH, that for divers good and valuable con+iderations, and also in comideratiun uf the aggrrgate wm namni in the promissory note hereinafter described, the said mortgagor does hereby grant, bargain, sell, alien, remise, relase, convey, and confirm unto the said mortgagee all that certain piece, parcel, or tract of larxi of which the said mortgagor is now seized and passessed and in actual posussion, situate in the county of St . Lueie and State of Florida, described as follows: Lot 237, Sheraton Plaza, Unit Three, Replat, according to the Plat thereof as recorded in Plat Book 16,page 12 of the Public Records of St. Lucie County, Florida. Together with the follo~ring items of property which are located in and permanently installed as a part of the improvements on said land: RANGB: (~OLUl~US, MDDffi. 34G, SffitIAL NUt~ER 38824 RANGE AOOD: MIAMI CAREY, MODEI. 3730 SPACB HF.ATER: FORSAIRE, MeODEL 465F The express enumeration of the foregoing items shall not be deemed to limit or restrict the applicability of auy other language deacribing in general terms other property intended to be covered hereby. State Documentary Stamps affixed to the original note and cancelled. i i E ` Together with all strucwrcs anJ improvemeni~ nuw anJ hertafter un said land, and fixwres attacheel thereto, anJ a~l renls, issues. ~ proceeJs, anJ profits accruing snd tu sccrue frum ,aiJ prcmixs, all of v~hich are includeJ within the furegoing de~cription and the habendum thereuf: aku:?11 ga~.+team. rlectric. Natrr. xnJ olher h~a~ing. c~wling. refrigerating, lighting, plumb~ng. vrntilating, irrigating. arxf puwer sy,tem~, ma~hines, appG~nce,, fi~tures, ~nJ appurtenances. ~hich nuw are ur may hereafier ~rtain to, or t~e useJ with, in. or un ~aiJ premix,, even thuugh they t+e detached or detach~ble. TO HAVE ANU ~O HOLD the +ame, tugrther wilh all anJ ~ingular the tenements. hercJitam~nts and appurt~nances thereunto r brlunging ur ~n anywi+e appert~inmg, and the revrnion anJ revenion+, remainder or remainde~, rents, issues, ~nJ prufits thereuf, 3nd ~ alw all the e~tate. right, title, interc~t, h~~metite:xl, dower ~nJ right uf duNer, srparate estate, p~setsion, claim and demand whatsorver, as ~ Nell in law as in cyuity, o! the ..+id murtgagur ~n anJ to thr ~me, and every part thereof, with the appurtenancec uf the said rtwrtgagor in anJ tu the wme. and every part anJ p~rcel thercuf ~nto the ~id murtgagee in fee simpte. ~ AnJ the murtgagur hercb~ cumrnants uith thr murtgagre that he i~ inJefeasihly teir.ed uf ,aiJ land in fee ~imple; Ihat hc has full ; power arni lawful right to convey the same in (ee simple as atoresaid; that it shall be law~ful for the mortgagee, at atl times peaceably and ~ yuizUy tu enter upun, huW, u~~upy. and enjup ~niJ IanJ, anJ r~•ery part thereoF, that the larni is and ~ill remain free from all ~ cncumbrances; thai said mortgagur M ill ma?e +uch further a~~urance~ tu prove thr fee +impfe IiUe to s:~iJ larxl in said mortg:~gee as ma~ t+e ~ rca.unsbl~~ requiretil. and that +aid rtx~rtgagur dun herrby fully warrant thr title ta said IanJ. anJ everp part thrreof, and will defenJ the c wmr against Ihe lawful claimc of all perum~ ahum~orver. ~ PROV IDED r?LWAI'S, anJ these presents are executed anJ Jeli~•ered upon the follow ~ng conditions, to wit: ~ The mortgagor agrees to pay the mortgagee, or order, the principal sum of NINETEIId THOUSAND AND NO/ 100 vollars IS 19 ~0~.~ as evidenced by a note of even date herewith, with interest from date at the a rate of SeVCTI per centum l 7 ) per annum on the unpaiJ balance ' until paid. The said principal and interest shall be payable at the office of $T~IC1'Ojd ~~~11'1,~ ~~~N ~~~Y ~ 100 West Bay Street, Jacksonville, Florida ; .rr st ,uch other place as the holJer of the note may designate in writing, in monthly installments of Qlij$ NUI'IDjZED TWENTY-$jg _ and 54/100 --------------u°~~a~~s 126.54 ).commencingon ~he fint Jay of Aprii . 1~2 . and on the first Jay of each month thereafter until the principal end ~ntere+t are fully paid, excepl that the tinal pa~ment of principal and interest, if not woner paid, shall br eiur and payable on the first - day uf March, 2002. • And shall duly, promptly, and iully perfcxm, discharge, extcute. effect, complete, and comply with and abide by each and every - the supulations, agreements, condiuuns, and covenants of said promissory note arx! of this mortgage, thcn this mortgage and the estate hereby created shall ceau and be null and void. _ AnJ the morigagor further covenants as follows: fhat he will pay the indebleJness. as hereinbefore providrJ. Privilcge is rccerved to pay the debt in whole, or in an amount oqual - tu une ur mure monthly paymentc on the principal thal are next due on the nott, on the fint day of any month prior to mawrity: 14ovid~d, - huwever, that written notice of an intemiun to e~ercise such privilege iti givcn at least thirty ( 30) days prior to prepayment; anJ, provided - fur~her, that in ~he event the debt ~c paid in full prior to mawrity and at that time it is insured under the proviuons of the Nationa! Fiousing Act, hc will pay to the morlgagee an adjusted premium charge of one per centum (1 ~ 1 of the original principal amount thereof, except that ~n no event shall the ~djusted premium exceed the aggregate :+mcwnt of premium charges Which would have been payable if Ihe ;::s mortgagc had continued to be inyked until matunty; s~ch payment to be applied by the mortgagee upon its obligation to the Socretary o( ` Housing and Urban Devebpmenton aoCOUntof mort~r.ae iowranCt- WajteT E. Davis - THIg INSTRUNENT PREPAREO BY~ ----r erR~~~~ ABSTRACT & T?T~~ COR? OF FLA. ~`1~ 106 S. 2ND 87. FORT P~ERCE. FLOR~Gp 1 ' - 1^S ~,`~-Y f...,,~ ~ ~ ~ d..!` ~~~~~4' ~ ± - 'SA2~f~~ q.~.-N w.~ w,~^~ F- xa~ 5.°c ~~r y 2 ~ r' "q ~ ~ ~ ~ _ , ~,_~~~.s''(....~-~.'x''~Y` :~a:'~ _ _ . ~ . : ~ 7~` ~t~cW~~