HomeMy WebLinkAbout2048 / ST-17,119
' ' i~ SWD # 957320
STATE OF FLORIOA ~,JL,A~
FrV(j ~ Th~s twm is used in connect~on
FHA FORM NO 2110 m with mortgages insured under the
Revised May 1971 one- to tour-family provisions of
the Natior?al Nousing Act.
AiUR'I'GAG E a
TFiis ~u~K~rc.~cF. a~~~+ ~nr lst a:+>~ ~,r Ma!'Ch . A. D. 1972 . b~ and
betwrrn JOSSPH LBB S001T and ANNIB MAS SOOTT, Hi8 i~ife ,
hereinaftrr ~a11rJ tht murtgagur, and
STOCKTON, idHATLEY, DiAVIN & COMPANY
, a curpo~atiun organitcvl and ~xisting unJrr thc I:IN'1 Uf
St8te of Florida , hereinatter ~alled the mcxtgagee,
WI"~NFSSETH, that fix di~•ers g~xl :~nJ valuable consiJrralion~, and a1M in con,ideratiun of the aggreg~te ~um named in the
promiswry note hereinafter Jexribed, the said nwrtgagur dces hcr~by~ granl, t+argain, sell, alien, remix, relau, cunvey, and confirm unto
the said nwrtgagee aU that certain piece, parcrl, or tract of IanJ of which Ihe saiJ mo~tgagor is ~ow se~ted and p.n.essrd and in actual
posse~sion, siwate in the counry of ~
$t . Lucie and Statt of Florida, dtscribc~i as follows:
Lot 238, Sheraton Plaza, Unit Three, Beplat ~
according to the Plat thereof as =ecorded
in Plat Book 16, page 12 of the Public
Records of St. Lucie County, Florida.
TOGET~It WITH THE FOLLO~WING ITH!!S OF PROPERTY Which are located in and
permanently inatalled as a part of the improvements on said land:
RANGS : OOLIJI~BUS , l~lODffi. 34G , SERW. NUt~BR 42015
RANGS ~OD: MIAMI C1~SY, t~DEL 3730
SPACE HfiATBR : FORSAIRB, MiODffi. 465F
The express enumeration of the foregoing ite~a shall not be de~ed to limit
or restrict the applicability of any other langusge describing in general
terms other property intended to be covered hereby.
,
.
I
~
f State Documentary Stamps affixed to the original note and cancelled.
~
1
~
Together with all structures arnf improvements nuw anel hereafter on said land. and fixtures attacheci thereto. anJ all rents, icsues.
} pruceed~, aod prufih accruing and tu accrue f~um .aiJ premts~~. all of which are includeJ within the fi~regoing description anJ the
$ h:?benJum thrrc~~f: al,.~ all ga~..tram. electric. water, anJ uther hrating. tuuling. refrigrrating, lighting, plumbing. vrntilating. frrigating.
= and pow~r .~.t~m~. m.ichinr~. applianrc~, fi~turc-.. and appurlenarxr,. uhich now are ur m~y hcreafle~ pertain tu_ ur be u~ed ~ith. in...r
s on ~iJ prrmi.r+. rcrn th~~u~h ih~~ t+a- deta~heJ ur Jctach:,ble_
~ I'O HA~'f 1tiD f~O HOI D th~ .amr, t~~g~thrr with .~11 anJ .ingular the tentment~, hereditament~ and appunrnanrrs thercunto
' helonging ur in :IIRNhI' apprrt:~ining. :~nil thr re~~~niun and re~rr,ium, remainJer ur remainden, rentc. is.ucy, and pr~~ht. thereoG :,nJ
~ alw all thr ctiL~tr, right, titlr. intrrcyt, hum~,te:nl. ~lowrr an~ right of Juwer,,eparate e~tatt. pin.e~siun. claim and Jem:,nd Hhatu.r~cr,
5
well in law a~ in c~yu~t~. ~~f th~ .aid murtgagur in :~nJ ta thc .amc, ~nJ ever~ part therrof, wilh the appurtenan~c. of th~ tinid rrxmgagur in
= anJ tu ~hr .,~mr. .~nd r.~rr} part ;~nd par<rl thrreuf unti~ thr .aiJ murtgagrr in frr .implr.
~ 1nd thc n~.~rtgag~~r hrreh~• :un~enam. ~ith Ihe murtg:~~rr that he i. indrfra+ihl~ ,~i~rJ ~.f ,aid Ic~nJ in f~c .imple: that he h.i. full
~ power arn1 laNful right tu cunve~• the ,ame in fre simple xs aforasaiJ; Ihat h sAall be law1ul for lhe mortgagee, at all times peaerably and
yu~etly ta rnirr up.m, h~~W. ~wcupy. anJ rnjo~ +a~J land, and ~~ery part therruf: that ih~ Icinel i~ anJ Will rema~n free from al)
# rncumbran~r~: Ihat .aiJ rtx~rtg,~gur uill maAe wch further a~,urancr. tu pmvr the fe~ ti~mpl~ titlc to~aid larxl in ~aiJ m~xtgagee ac may he
~ reswn:ihl~ rryiurr.l. .~nd ~h:~t .:ud m„rtgag~~r d~~~. hrreb~~ full~ warr.~nt th~ title t~~ .aiJ land. anJ «•en part thercuC :ind w ill defrnJ the
.:wm~ :~g:urt.t thr I:~Hiul clai~n. of all per..m. whom~oever.
' I'ROV IDED :\I ~Y:\YS. and thr~r prrsents are executed and del~~•crcy! up.m the fulluN ing wn~itiun~. Io ~ it.
~ "~he rtxxtgagur agee~ to pay the mortgagee, or ord~r, the principa! sum of SEVENTBffi~I THOUSAND EIGHP HUNDRED ~ NO/ 100
Dullar, IS j] ~$QQ.QQ ds r.•~d~nc~d ny a note uf ev~n Jate herewith, with interest from Jatr at thr
',3 rate ~~f seven per centum t 7'"r 1 per annum un the unpaid balsncr
until pa~J. I he .aid prin.ipal snd interr,t ,h~ll be payable at the oftice uf S1'QCj~j'Qj~I ~ w~T'I,~ ~ DAVIN ~ COI~ANY,
100 West Bay Street, Jacksonville, Florida
' ur at .uch other placc a~ th~ hul.ler of the nute may de,ignate in writing, in monthly i~ti~allment~ of pNE HtTNDRBD EIGRPSEN
i~;
` S1~d 55/100 ------------------~-~Ilars+i 11$.SS ).commencingun
_ ~he fint Jay~ a Aprii^ • 1972 . and on ~he first Jay uf each rtwnth ihereafter umil the principal
~ and ~nlere.t are fully paiJ. e~crpt that the fiaal pay ment uf pn?x~pal anJ ~nteretit, if neH k~oner paid. ~hall be Jur and payable on the first
- Jay uf March, 2002. ,
- And shall July. pn?mplly, and fully perform, d~ccharge, execute, etfiect, complete, and comply with and abide by each and every
the stipulauons, agreements. cuoJition~, and co~~enants of .aiJ promi~~~ry nute and uf this matgage, then this mortgage and the utate
hereby created shalt cease and be null and void.
- ~1n~ thr ~nurtgagar funher cuvenani~ as lufluw.
L 1 hat hr w~H pa~ the indeblydnrrc, a+ here~nbi:fure pru~~idrJ. Nrnilrge rrxr~cJ to pay thr debt ~n whulr, or in an amuunt cyual
~3 to ~mr ~~r murc rtx~nthly p~ym~nt. un the prir?x~pal thet arr next Jur on the notr. un ~he fir;t Jay of any munth priur tu maturity: Itm iJcd,
huwr~er. that ~nttrn nuuce uf an intrnUUn io eiercise ~uch privilegr i, gi~rn at Ir.~a th~rl~ i i01 Jayti pncx tu prepaymem: and, pruriileJ
= furthrr. thal ~n thr rvent thr JeM i+ paid m full pnur to mawnty unJ at that ume i1 ~s inwred under the proviuunx uf the Natinna)
Huusing Act. he will pay to the mortgagee an aJju~ted premium charge of une per cenwm U`i 1 of thn ~xig~nal prirn:ipa) artwunt the~rof.
~ ticept that in nu ercnt ihall Ihe adjusteJ premium r>crcvi the a~rebate ami~unt uf premium chargtti which woulJ have lxen payahle if Ihe
4;; mortgage haJ cuntinued to be inwreJ until matunty; such payment tu br appl~rd by the mixtgagez upun ~~s vhG~tiun to the Sccre~ary uf
- Huusing anJ l;rhan t)evelupmtm un a~:cuunt uf mu~tgage insurance. Walter E. Davis
TNIS INSTRUMENT PREPARED BY~ _
~O r~.~47 AEiSTRACT E: T!'~: r C.'~RP OF FLA.
O~ ~ ZU5 S. ZhD S7. f-:;RT P~ENCE. FLORIDA
a~,K -
~ ~ ~ _ _ . . _ . ~ - - - - _ s-~,3