HomeMy WebLinkAbout2696 tt~'i Y• GC
~ / A1~iP-1059
- ~ F~iA N0. 0~3-102322-235
~~Gti~~:i s
STATE OF FIORIDA - ~
This form is used in cau~ection
FHA fORM NO 2f 10 m R~ I with mortgages insured under the
Revised May 1971 ~j one- to tour-tamily provisions ot•
the National Housing Act. '
MORTGAGE
THIS MORTGAGE, datod the 2$th ~ay ~ March . A• D. 19 i2 , by and
~~W~~ JOSEPHINE L. KAl~FF, an adult woman .
he~einatier called the mongagor, and
ATICO MORTGA~GE CORPORATION g g State of Florida
, a corpontion or aniud and ezistin under the laws of
. herei~after callcd the mortgagoe,
WITNESSETH, that for diveR goad and valuable considerations, and also in consideration of the aggregate sum named in the
promissory note hereinafte~ describod. the uid rtartgagor doa hereby gant, bargain, sell, alien, remix, relax, convey, su~d confirm uato
the said mungagee all that certain piece, parcel. or tract of larni of which the said mortgagor is now seiud and possessed and in actual
possession. situate in th~ county of St. Lueie
and Sute of Florida, described as follovrs:
Lot 3, ~lock "K", MARAVILLA ESTATES, according to the plat thereof, as
recorded in Plat Book 8, page 77, I'ublic Records of St. Lucie County,
F2orida. ~
f
As additional security for Che payment of the indebtedness secured by this
mortgage, the following non-real estate items are included:
~ Westinghouse-Elec. Range Mod. RF130I'~CI~i2
Singer American Elec. Furnace BCE22008-CF
71~, ~re~.r.r M
~j1~TRJIIL"E JUlp T!'t1E tOR~. Of~
r, a~c tm , vEto turc~,
ireii~ h. ~1e +i~.e..ce Ie....~tl...
$27.15 State documentary stamps affixed to the original note and caucelled.
Together with all svuctures and ~mpfovements now and hereafter on said land, and fixwres attached thercto, and all rents, issucs.
proceeds, and profits ucruiag anci to aecrue from saW premises, all of which are includeJ within the foregoing description and the
habenJum thereof; also alt gas, steam, electric, water, and oth~r heating, cuoking, refrigerating, lighting, plumbing, ventilating, irrigating,
and power systems, machines, appliances, fixtures, anJ appurtenanczs, which now are ~x rt?ay hereafter pertain to, or be used with, in, or
on saiJ premises, even though they be JetacheJ or Jetxhable.
70 HAVE AND TO HOLD th~ same, tcrgetArr with a!1 and singular thr tenements. hereditaments and appurtenances thereunto
belonging ur in anywix appertaining, and the revea~un and reveniuns, remainder cx remainders, rents, istiues, and profits thereof, and
aiso all the estate, right, title, interest, homeste:ul, duwer aixi right uf dower, separate estate, p~»sessiun, claim arni demanJ whatsoever, as
wel! in law as in oquity, of the said mortgagor in ancl to thr same, and every pan thereof, wi~h the appurtenances of the said mortgagor in
anJ to the same, anJ every part 3nJ parcel ihercof unto the sa~d murtgagee in fee ~imple.
And the mortgagor herrhy convena~ts with the mortgagee that he is indefeasihly srited of said land in fee simple; that he has fult
power and fawful right to convey the same in fce simple as aforesaid; that it shaU be lawful for the mortgagee~ at all times peaceably and
yuieUy to enter upon, huW, occupy, arn1 enjay said land, anJ every part thereuf; that the lancl is anA will remain free fram ali
eMUmbrances; that ,aid nwrtgagor will make such further assuranc~ to prove the fre s~mple tiUe to said larxi in said mortg:.gee as may be
reawnably reyuireci, and that ~aid mortgagor Joes hereby fully xarrant the titlc tu ~aid IanJ, and every part thereof, and will defetxl ihe
samt against the lawful claims of all persons whomsoever.
PROV IDED ALWAl'ti, and these presents are executai and delivereJ upon the following conditions, to wit:
, The mortgagor a~rees to pay the mortgagee, or order, the principal sum of EIGHTEEN THOUSAND ONE H[FNDRED and 00 / 100
Dollars (S 18,10~.0~ 1. as evidenccd by a note of even date he-eK•ith, with interest from date at the
~ate of SEYEN per centum (--7-- per annum on the unpaid balance
until paid. The said principat arxf interest shatl be payable at the oifice of pTICO MQRTGA~GE CORPORATION
P. 0. Box 3131 Miami, Florida 33101 '
or at such othcr place as th~ holder of the note may designate in writ~ng, in monthly installments of pne hundred twenty and 55 / 100
Dollarsti 120.55 ).commencingon
the first day of ~y . 19 72 , and on the fint day of each month thereafter until the principal
and interest are fully paid, except that the final payment of principal and interest, if ~ot sooner paid, shall be due aixi payable on the first
day of April, 2~~2 .
And shall duly, promptly, and tully parform, discharge, execute, efTect, complete~ and comply with and abede by each and erery
the siiQulations, aBamrnts, conditioas, and covenants of said promissory note and of this mortgage, then this mongage and the utate
hereby creued shall ceaae and be null and void.
And the mortgagor furiher covenants as Coibws:
7ha~ he will pay the indebtedness, as hereinbefore provided. Privilcge is reserved to pay the debt in whole, or in an amount oqual
to une or more monthty payments on the principal that arc next due on ~he note, on the first day of any month prior to maturity: I'rovid~d,
however, that written notice of an intention to exercise such privilege is given at least thirty 130) days prior to prspayment; and, provided
furiher, that in ihe event the debt is paid in full pr'~or to maturity and at that time it is insured under the provisions of the National
Housing Act, he will pay to the mortga6ee an adjusted premium charge d one per centum 1196 ) of the original principal amount thereof.
except that in ra event shall 1he adjusted premium exccod the aggregate amount of premium charges which would have been payable if the
morlgage bad continued to be insured until maturity; such payment to be applied by the mortga6ee upon i1s obligation to the Socretary of
Housing and Urban Devebpment on aceount of mongage insurance.
d04K~ PACE~~~