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HomeMy WebLinkAbout2464 ' ST-27,252 ~ ~ + ,'tii ~ ` ' ° ~ SWD 958279 STATE OF FLORIDA This fwm is used in connection FHA FORM NO 2110 m with mortgages insured under the Revised May 1971 o~e- to fou~-family provisio~s of the National Housing Act' ~noK~rc~cF: THIS Af(~R"~GAGE. datctii the 13t day of March n. i9 ~2 . by and betwrrn DAVID I.. THOMAS AND BItF.2~'DA J. THOMAS~ H3S Wife . heremafter rallyd thr m~xlgagor, and STOCKTON, WHATLEY, DAVIN ~ COI~ANY , a cwporation organized and rxi~ting under the law~ uf StatE of Florida , hereinafter caUai the mortgagee, WITNF.SSETH, that for divers giwd and valuable con~idr~ations, and alw in con~ideration of thr aggrtgate .um namecl in the promiawry note herrinafter describai, the said nwrtgagor d~s F~errby granl, bargain, xU, alirn, remise~relase, convey, and cu~firm un[o the said murtgagee all that certain piece, parcel, ~x tract af lanel of which the said mortgagix is now seized and ~x?s,estied anJ in actual possession, situate in the county of $t. LUC~@ arxi State of Florida, Jescribed as follows: Lot 188, Sheraton Plaza, Unit Three, Replat, according to the P2at thereof as recorded in Plat Book 16, page 12 of the Public Records of St. Lucie County, Florida. Together with the following items of property which are located in and permanently installed as a part of the improvements on said land: RADiGE: COLt1MBUS, ~iODEL 34G, SERIAL NUMBER 38803 RANGfi HOOD: MIA.MI CAREY, MODEL 3730 SPACE HEATER: FORSAIRE, MODEL 465F The express enumeration of the foregoing items shall not be deemed to limit or restrict the applicability of any other language describing in general terms other property intended to be covered hereby. State Documentary Stamps affixed to the original note and cancelled. Together N ith all ~tructur~ anJ ~mprovrmentc now arxl here~fter on said land. arxl fixwres auached ihereto, anJ all rents. itsues. pmceecls, rnd prufits accruing .~nJ tu accrur from :aid premi~e.. aU of which arr indudeJ within the fi~regoing Jescription and the hahenJum thereof: ahu aft Fs~,,team. rictitric. water. an~t uther heating. awking, refrigerating, ligbting, plumbing, ventil~ting. irrigating. and Fx~wer ~y,tem., ma~hine,, applian~r~, fi~wre~, snJ appurten;?~xe.. .+hich nuw :~re ur may here~ftcr pertain to, or he u~rd ~ith. in. or ~n ~aiJ prem~+r., e~rn th~~ugh they br dttachcYl ur detachable. TO HA\'t- \\D ~tl HOLD the .;imr. i<~gcthrr with ai1 and .ingular the tenrments, hrreditamentc and appurtenances thereunto helunging ~~r ~n an~wi~~ ;~ppertaining, anJ thr rrver.iun and rr~rn~om. remainJer ur remainders, rcnts. i,we~. and profit~ therec~f, and alw :~I! thr ~,~ate, ribht, tiUr. intrrr~t, homr~te:iJ, doHCr and right uf Ju~~er. ~eparate est3te, p~»zetitiion, claim anJ demancl what«kcer. ac well in la~ a. in ryuit}. .~t'thr ,aiJ murtgagur ~rt and to thc +ame. ~nJ every part thereof. Kith the appurtrnancec af the ~aid nwrtgagor in anJ tu thr .c+mr. :~nJ ~vrr} part :ind par~ei thr~euf unt.i the ;:?id murtgagee in fee,implr. '1nJ the rtx~rtbagur hir~h} run~e~ant. ~ith thc m~~rtgagee that hr i~ inJefea.ihly .eized ~~f .aid tanJ in fr~ ~imple: th:,t he hac full power anci tawful right t~ cunvey the same m fee simple as aforr+aid: thai i~ shall be lawful for the murtgagee, at alt times peaceably and yuietl~ tu entrr u~x~n, huld, c,~cupy, a~J enjoy saiJ IanJ, and every part thereof: that th~ larxf i~ and will remain free from all encumbrancr.: that ~ai.t ~n~~~tgagor W ill maLe such further a.surance. t~~ pruve the fee vmpte titlr to ~aid IanJ in ,aid mc~rtgagee ac may t+e reawn.+M~ reyuirc~f. .~nJ that ,:~~d nwrtgagar dcec hereby fullti u;~rr;~nt the title t~~ raid land, anJ e~'er}' part thcreuL 'and ~•ill ditrnd thr wme agaimt thr lawful claim, uf all persom whomwever. , NKOY IDED •\l \ 1'S, and thes~ presents are executeJ and dein•ercJ u~m the lrzlluv. ing cunditiun., ti~ w it: "fhe murtgagur agrers to pay tbe mortgagee, or order, the principal sum of SEVENTEE:: TEIOL~SA;dD FIVE HUNDRED FIFTY bollan IS ' 17 ~ 5SQ .00 1, as rvidenceJ by a iwte uf even date hrreK ~th, w~~th ~nteresi frum date ai the ratr uf seven per centum ! ] ) per annum un ~be unpa~d balance until paid. t he ~a~J pnncipal and ~ntrrrtit sha~! be payablr at the offi~e uf SCoek~on, ~lSt~e~? ~ Davin ~ Company lOQ iTest Bay Street, Jacksonville, Florida ur at .uch ott,cr pla:~ a~ the hufder of th~ nute may de~ignate in writing. in monthl~~ intitallment. of Oh'E liL2;DRID SIXTEEN ~'i.~D 88/100 [~ouars~S116.88 ).cammencingon the fint day of ApYll . 1972 . and on the first day of each month thereafter until the pnncipal ~nd ~nterr,~ :,re fully p:~id. rtcrpt that thc final pa~ mrnt uf prirkipal anJ interect. ~f not woner paiJ, shaft bc Jue and payabte un the fint ~3Y March, 2003. And ~h~ll July, promptly, and fuily perform, discharge, execute. effect, complete, and comply w~th and abide by e~cb and every the ~tepulat~.~ns. agreemems. conditium. and covenant~ uf said ptomis.wry note a?x1 of this mortgage, then this mortgage arnf the e~tate hereby creatcd shall ceax and be null and void. • \nJ the rnortgagor further covcnants a.+ fullow~: fha~ he will pa~ the ~ndebtalne~ti, as hercmbefore pmwdrJ. Previlrge ~ti re~er~ed to pay the debt ir whole. or ~n an am.~unt cyual :u un~ m~~c~ nwnthly paymem+on the pnnc~pal that are neit due un the note, on lhe fir~t Jay of any munth prior to maturity: %n~v~drd, hu~r~rr. ~h.q wrhten nuucc uf an ~ntentiun to exercise such pnvdege i, given at Irn.~ thirty r30J Jay~ priur ~o prepaymenr. anJ. pruv~.led fi,rthrr. that ~n the event tbe JeM is pa~d ~n full priur to mawrhy and at that time ~t is iruured under the provis~oru of the `ati~~nal H~~u~~ng Ait. hr w~ll pay to ~hc murtgagee an aJjustcd premium charge of une prr crnwm I 1 S'z ) oi the original prirr:ipal amount thereuf. exc~pt thet in in, event shall the :+J~u~tzd prem~um r~ceecl the aggreg~te amount uf premiam chuibr, which wou1J have txen payahle if the nwrtgage haJ cununueJ to be insured until maturily; such paymenl w he appl~eJ by thc mortg~gee upon us obligatiun tv the Saretarp of Huus~ng anJ l:rban Development on account of mortgage insurance. Waltgr E, D8V~6 ~{~g ~PISTRUMlNT PREPARED E)y~ POOK ~ j PA~jf ~i~~ ABSTRACT @ TIT1-E CORP. OF FIJ~. •'~v 2ps 2ND 87. fORT PIERCE. FLORIOA ~ r . . _ _ s