HomeMy WebLinkAbout0568 S't*-17 , 486
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iTATE Of FLORIOA
fMA FORM MO 2110 ~ ~qs 1n~+*uwe+r ~wR~ ~~lte~c vi• This fam is usod in canection
Revit~d Niy 1971 ABSTRI?CT L~ TITt-E CORP. OF Ft.A. ~N it?surld u11dK ttN
aos s, sNO ~T. ~oRY nawce. FWRIDA ont- to four•tami~y aovi:ions ot
the National Nousin~ Att.
MORTGAGE
TH1S MORTGAGE. datod the 5~. day of j~pril . A. D. 19 72 , by and
betweeo Raride?11 N81ker alid 1Cathy Nalkeu r hi.s wife .
hcrei~after called the mattator. and
SOV~i MORTGi?GE l1SSOC2~TBS INC.
. a carporat~on or~anized aad exiuin~ uader the laws of ~at@ of
~k~$~ . hereiaafta called the mort~ee.
W[7NESSETH. Wat fo~ divers sood aad valuable consideratans, aad also in consideratan of the aggregate sum namod in the
promi~ry ao~e Aaneinafler dcacribed, t6e said ~aortia~or doe.s hereM! Ran~ bar~aiA. seU, alien. rcmi:e, rclase, convcy, aad ooo6rm uaw
the said m4rt~ee a!! that cenain piece. parcei. or tra~ct of land of which the said tnortpgor is now seiud and poasesxd aad in actua!
poaaessioa, situate ia the county of St. IuCie
aad Sute of Florida, descrihod as fdbws:
The $ast 89,4 fset of Ipt 11, B]rock 5 of RSPLI~T OF PI,Li~! c~i1RD~NS,
s~ per pla~t thereof recorded in P1at Book 12, paqe 42 of the Pablic
Records of St. T,iucie Couaty, Florida
State Dx~nosntary Stamps affixed to the ori~qinal note and cancelled
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To`ether with all suuctures and improvemenu now and hereaRer on said land, and fixtures attachcd therew. and all rents, issues.
procoeds. and profits accruing and to accrue from said premises. all of which ue iacluded within the forcgoing descriptan and the
habendum thueof; also all gac, st~am. electric. water. and aher heating, cooting, ref~igorating. lighting, plumbing. ventilating, irrigating.
and power systems, mxhines. appliances, fixwres, and appurtenances. which now are or may hereafter pertain to, or be used with. in, or
on said premises, even though they be detached or detachabla
TO HAVE AND TO HOLD the same, together with all and singular the tenements, heteditaments and appurtenances thercunto
bdonging or in anywix appenaining, and the reversion and reversions, remainder or remainders, rents, issua, and profits.thercof, and
aLso aU the estate, righ~ tide, interest. homestead. dower and right otdower, separate estate, possession, claim and demand whatsoever, as
wtll in law as in aquity. of the said mortgagor in and to the same, and every part theroof, with the appurtenances of the said mortgagor in
and to the same. and every part and parcd thereof uniu the said mortgagee in fee simple.
And the mortgagor hereby eonvenants with the mortgagee that he is indefeasibly xized of said land in fee sim~le; that he has tull
pow~u aad lawful risht to convey the same in fa simple u aforesaid; that it shall be Iawful for the awrtgxgee. at all times peaceably and
quietly to enter .upon, hold, occupy. and enjoy said lai?d, and every patt tha~~ that the land is and will remain free from a!1
encumbrances; that said mortgagor wi!! make such further assurancG to prove the fee simple tiUe to said land in said mortgagee u may be
reawnably roquired~ and that said mortgagor doa hereby tully wazrant the title to said land, and every part thereof, and will defend the
same against the lawful claims d all persons whomsoever.
PROVIDEU ALWAYS, and these presents are executod and delivered upon the folbwingconditions, to wit:
The mortp~or a~r+ces to pay the mortgsace, or onder, the priaripal wm of ggy~ggN THOUS~idD AND NO~100
Dollars (S j? ~Qp~~~ as evidenced by a note of even date hercwith. with interest-from date at the
rate of ggy~ per centum ( 7 96) per annum oa the unpaid bsilance
until paid. The said principal and interat shall be payable at the office of ~~qSOCIATBS ~ INC.
P. O. Hrnc 38, Shenendoah Statioa, Miami, Florida 33145
or at such other plaoe ss the holder d ths note msy deai~nate in writin~, ia montlily imtallmeats of ~e
and 22/100------------------------------- Dollars (S 113.22 ~ commenciag on
the first day of ~jy , 1972 , and on the lfrst day of each month ibereafter until the principal
and interest are fully paid, except that the final payment of principal and interest, if oot sooner paid, shaJl be due and payable on the 8rs1
day of April, 2002 ,
And shap duly. promptly, and fully Derform. dischuse, execute, eticct, complete, wd compty wich and abide by ach and every
the stipulatio~, asretaxnts, conditions, and covenants of said promissory note and of this mat~a~e. then this mortga~e and the estate
haeby created shall cease and be null and void.
And tbe mortgssor further covenants as follows:
1. That he will pay the indebtodness, as hereinbefore provided. Privilege is reserved to pay thc deM in whok, or in an amount oqual
to one or more monthly paymtnts on the princiPal that are next due on the note, on the fi~st day of any montN prior to muurity: Pro~•id~d,
howtrer, that written ndioe d an intention to exercise such privilege is given at least thirty 130) days prior to prepayment; and. provided
further, that in the event the deM is paid in full preor to maturity and at that time it is inwred under the provisions of the National
Housing Acf, he aiii pay to tlre mortgagee an adjustod premium chuge of one per ceMUm (196 ) d the oriaind principal amount thereof.
exeept that ie no eveM sl~dl the adjusted premium exceed the agaregate amount of premium charga which woufd have been psyable if the
nwrt~e had eontinued to be i~ured until maturity: wch payment to be applied by the mo~t~ee upon its obliption to the Se¢retary of
Nousin~ atd Urb~n Devebpment on aocount of mort~e inwrance.
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