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HomeMy WebLinkAbout2458 - ST-17,294 ~ 1 c i~ ~~3~i1~i SWD i~ 958282 STATE OF FlOR10A This fam is used in connection FHA FORM NO Y110 m with mortgages insured under the Revised May 1971 , o~e- to four-family provisions of the National Housing Act. MOR1'GAGE THIS MnRTGAGE, dated ~he ZSt day of March ~972 , by and ne~NCC~ ~1ILLIAli BLUE, Jlt. and VIRGINIA V. BLUE, His Kife • hrreinafter callecl the m~xtgagor, anJ STOCICTON, HHATLEY, DAVIN b COMPANY , a cixpuration organiz~l and ex~sling unJer 1he laws uf St8t@ of Florida , hereinafter callerf the mortRagee, WITNESSETH, that for dive~ good and valuable considerationc, arxi also in comiJeration of the sggregate wm ~amcd ~n thr promissory nute hcreinafter describal, the said mortgagor does hereby grant, bargain, sell, alien, remise, relase, comty, and confirm unto the said morigagee all that certain piece, parcel, ~x tract of larxi of vrhich tht ~aid mortgagor is now seized and p~xsesc~d and in actual possession, situate in the county of St. Lueie ancf State of FlcxiJa. described as follows: Lot 191, Sheraton Plaza, Unit Three, Replat according to the Plat tliereof as recorded in Plat Book 16, page 12 of the Public Records ~ of St. I.ucie County, Florida. - Together with the following items of property which are located in and peru?anently installed as a part of the improvements on said land: ItANGE: COL1Jl~US, ,iODEL 34G, SBRIAL NUt~~ 43864 RANGE HOOD: MIAMI CAREY, ZyUDEL 3730 SPACE HEATIIt: FORSAIRE, MODEL 465F The express enumeration of the foregoing items shall nat be deemed to limit or restrict the applicability of any other language describing in general terms other j property intended to be covtred hereby. r i ~ ' State Doc~.imentary Stamps affixed to the original note and cancelled. ! 3 Together with all stcucwre+ and improvements now arai hereafter on said land, and fixtures attached thereto. and all rents, issue~. ~ pruceetis, and prufits accruing :~nd to accruc from +aiJ premis~w, all .~f which are incluJed w~ilhin the foregoing deuription and the hahenJum thereof: :+Itiu all ga~..tram. ele:tric. water. ~nJ other heating. rix~{.inF. refrigerating. lighting, plumbing. venlilating. irri~,ating. ~ and pi~wcr ~y,temc. mx.hme.. appliance.. fi~wrc-.. and sppurtenxnce~, Nhi~h nuN are ~~r may hereaRrr ~rtain to. ur be u.eJ u•ith, irt. ur ' un iaid prcmi,e~, even thuugh the)' be Jrtached or detaehable. ~ fn N-\Y1= ~\`D 7~O HOI.D ~hr vmr. tugethrr uith :tll :~nd .ingular ihr tenement,. hereditamrnt~ and appurtenan~es therrunt~~ 3 t+rlunging .n in am..ir~ appcrtxining, and the rever.ion :~nd reversium. remainder ur rem~inden. rents, i+.ue,. and profit, ihereuf. anJ ~ alw all thr ~.t~tt, right, tiUr. interest, hum~~tead, duNer and right uf Jower, ,eparate e~tatr. Ex~c~e.~a~n, claim anJ demarxl W h:?t~ue~er. as y welt in la.. a. i~ ryuit~. uf th~ ,:+id murtgagor in arxi to the tiame. anJ every part thrreof. with ihe appurtenanceti uf the ~aid rtx~rtgagor in and tu thc +amr, and r~•rry part anJ parcel thereof unto the +:iiJ murtgagee in fer simpl~. ~ And thr rrk,rtg:~gur herrhy runvena~t. ~ith the mortgatre that hr i, inJefea.ihly tiri~eJ af ~~id land in fce .imple: that hr ha. full ~ power and law~fu! right w.onvey the same in fee simple as aforesaid: that it shall be lawful for the mortgagee, at all times peaceabiy and ~ yu~eUy tu enter uFx~n_ huld. ~xcup>'. and ~njoy +aid land, and evrry part thereof: that the la?x1 i+ and will rertzain free frum all ~ encumbr:~n~e~: that .aid rt?urtgagur Hill maAe ~uch furlher :?+surancts to pravr the fee s~mple tide to+aiJ lanel in +aiJ murtg:+gee ac ma}~ he reawnuhly rryuireJ. and that .:~id nwrtg:ig~~r d~x•+ hereby full~ ..arrant the titte t~~ said land_ and e~~erq part ihcr,~~f. artd ill defrnd the ~ame agaimt the lawful c{aim~ uf all pe~u~ns whamwever. - f'Kl)V IDFD .~1 ~L':\YS, and these presents are eiecutetif an~ del~verrJ u~~n thr fulluwing cunJitiuns, to W~r. The mortgagor agrecs to pay the mongagee, or order, the principal sum of SEVErTfEEN THOUSAND EIGHT HUNDRED ~3 Uuflsrs IS 17 ~$~0.~ a, eviderxeJ by a note of even date herew~ith. Nith ~nterest fwm date at lhe rate uf seven per centum ~ 7 1 per annum un the unpaiJ balance unti{ paiJ. t he SaiJ principal snJ interctit shall be payable at the office of Stoekton, Whatley, Davin ~ Company, ~ 100 West Bay Street, Jacksoaville, Flarida nr at such other place as the hulJer of the note may de~ignate in writing, in monthly ~nstallment~ of Oh'E HUNURED EIGI~TPEEN - and 55/100 ~~~d~~ ~s 118.55 1. comrr~ncing un ' - the sn~ asy ~r ~ April . 19 72: and on the first day uf ~ach month thereafter until the pnncipal and mtrretit are full~ paid, c~cept that Ihe final pa~mrnt of princ~pal anJ intere~t, if not xx~ner paid. ~hall ~x Jur and payablr un thc first . Jay of MarCll ~ 2d02. : And shall duly, promptly, and fully perform, dixharge, execu~e. efTect, complete, and comply with and abide by each and every• the ~upulatiuns, agreements, conditiuns, snd covenants of said prumnx~ry note arxi of th~s mortgage, then thi~ mortgage and the estate hereby crcated shall cease and be null and void. \nJ thr rnurtgagor further covenan~s a~ fullows: t: I. fhat he will paq the indebteJn~~, as here~nbefore provideJ. Pr~~ilege i. reserveJ w pay the Jebt ~n whule, or in an amuum eyual tu ~~nr ur murr rtx~nthly payments on the principal that are next due un the nutr, un the first Jay of any month prwr to maturity: l4urided. h~~wrvrr, that wntten nuiice of an intention to exerase wch privilege i. gi~rrt :+t lea.t thirty 13Uj Jays prior to prepayment: and. pr~vided funhrr. that ~n the event the deM i~ paiJ in full prior to mawrity anJ at that ume rt is iruureJ under ~he provisions of the Nauunal . Hnusin~ Act, he w~ll pay to Ihe mortgagee an aclju~ted premium charge of one per centum (1 ~/i ) uf lhe original prirkipal artwunt lbereo[. except that ~n nu e~ent shall the ad~u~teJ prem~um etce~xl the aggrrgate amuum uf premium charges which would have hren payahle if ~he mortgage ha~1 ~ontinued to be ~nsured unul maturity; such a meni to be a I~ed by the mort a ee u un its obli ation to the Secretary of P' Y PP B" B P 8' Housing and l;rban Devtlopmen~ un account of mortgage inwrance. . S+'alter F. Dav1s TNIS IkS7P.U!+lET1T PREPARED BY. . r~~ PA~E2457 AE35TRACT & 7iTLE CORP. OF FLA. ' BOOK Z07 S. 2ND ST. FORT PIERGE. FLORiDq ~ . - . . ; . . ~ - - - t . . - : ~ , . . - , _ . ~ . , ;j_d.f