HomeMy WebLinkAbout1147 ~ ~ ~ 4 ~ ~ ~ ~ ~ L~: ST-16 .668
1~i1 Caa~ ~093-08469Z-~03
iTATE OF ilOR10A
This fam is uad in com~ctian
iMA f01lM NO l110 ~ ~q~ ~~~K i~b ~
Revised Iri~y 1971 on~- to tou~•fsmil~r provisiant of
tM National Housin 11ct.
. MORTGAGE
THIS MORTGAGE. dstod t6e day ot J~tiu3X'y . A. D. !9 7Z . by and
eaween ~dvin N. DiLan and Glaria BsLan, his wife ~ad Lanr~c~ J. ~bsr, a tiaqle a~a
1~ersinaRer calkd tAe mortsasor. and
J. T. i~'M~i!! M~~i~ C'a@~lY~ IMC.
cotpotatioe orpniud and ezistit~ unda the laws uf 8t3l.~ O~
~'3+orida . txretn.Aer caned we monss~ee,
W17NESSETH. that for divers ~ood and valuaWe comideratioas. and also ia coasideruion of the a~~cgate sum named ia the
Pt'omi»ory oote Aereinatter dacribed. tLe:aid martZyor +ioa berebY ~aat. b~rW~. ~eU. alien. remise. relas~ conv~ef. as~ c~on6rm unto
the said aa~t~a~a aU that ceruia Picce, Pa~+oel, or tract of laad of whic6 tAe s~id mortsa~or h now ieiied aad po~sessed and in actual
poa~asioo, situuc in cee couacy ot 8t. Llicis
and State of Florida. desaribed as tdloat:
Lot 18, H1pck 69, jilVait P~, U1RT 7. a?cco~s+Aiug to ths p2at thax~eof
rec.~drdea 3n Plat Hootc 17. pages 41 aiud 4]# o! tLe Pub2ic Rscorda of
St. Lucis C~o~unty, l~lprida.
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Q~~ ~ State Docum~sntary Stao~s~ a~ffxad to the oriqiaal nots and cancelled,
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Ta~ether with all suuctura and improvemeats now and hereatter on said laod. and fu~tures attsched thereto, and all reats, issues.
Proceeds, and profits acccuing and to accrue from said premisa. all of which are inetudai within the fweypins descriptiw~ and the
habendum thueof; also al! ~as. sttam. electric. wator, and aher heating. caokinj. rdri~eratiny, ligt~tia~, p{umbiag veatilatina, irri~atint.
and power rystems, ~n~chines. appliances, fu~wres. and appurtenances. wbich now ue ar miy hereatt~r pertain to. or be usod w,~t6, in, or
on said premises, even though thry bt detachod or_detachaWe.
TO HAV~ AND TO HOLD the same,, together with all and singular the tenementt. hereditaments and appurteoances thereuato
belongins or in anywise apper?aining. and the reversion and reversions, remainder or remainde~s, rcnts. issues. and pro6ts thereof. and
abo all the estste, rishy titk, interest. homestead, dowa and rieht of dower. xparate estate. possessan, claim and demand whatsocver. as
well in Iaw as in oqaity. uf the said mort~agor in and to the sau?e, and every put theroof, with the appurtenances of the said mort~agpr in
and to the same. atd every ps?rt and parcel thucof unto the said mort~ee in fee simple.
. Md the m~rt;agor hereby rnnvenants with the mortgagce that he is indefeasibly seiud of said Iand in fee simplo; ihat he has full
pow+ar aad Iswfu! rijht to coovey tbe same in fee simple as aforesaid; thsl it s6a11 be lawful f~ the mort~,agee, at all times peaceaWy and
quietly to enta upon. hold. occupy, and er~joy said land, u~d every part thcreof: that the IAnd is and will rcmain .tra from all
encumbrapces; that said mortQa~ar will mate such furtha assurances to prove the fet simple tide to said land in said monga~ee as awy be
reasonably required, and that said mortgagor does hereby fully warrant the title to said Iand. and every pari the~eof, and will defend the
same against the lawfu) claims of all persons whomsoever. •
PROV IDED ALWAYS, and these pracnts are exocutod aad delivercd upon t6e folbwing conditions. to wit: _
77~e mortPta ~R~ ~o PaY the mortsa~ee, or order. the principai sum of lNE~1'Y '1'N~'S~iD ~iD 1~,~Z00-~------••~
Dol(ars (S 2~,0(10.00 as eridenced by s note of even date herewith, aith interat trom date ~t the
rate of S~y~ii pa- ceatum ( 7%) per annum on t6e unpaid balance
until paid. 77~e said printipal and interest shali be paysbk u the af~ aE J• 'r• BTm~'1' ~s j~~ ~
9nite l00-].00 Mira~cls Mile, doral Gables, lLorida
or at such otl~ plaoe as tt~e holde~ d the note may desi~nate ia writin=, in rtqnWy installmoats of ayo ,j~irty
'14~et aWd ZO/100----•••:-••-~w~~-- ^-~Ian ti 133. ZO ~ commencing oa
the first day M ]~ch , 197Z . and on the tirA day of each month thercafter until ihe principat
and interest are fully paid, except that ?he final payment of priacipat and iruercu. if aot wona paid, shall be due aad payabk on the first
day of j~fgjxi,yA~y i Z~OZ ;
And sha0 dutY, Promptty. and tulFy paiarm. discharae, exetute, e8'ect, mmPkte, and oomply ~vith and abide br ac6 aod every
the stipulatioas, aareements, conditio~u. and covenanu d said promissory nae and d chis morcpse, chen chis nar[sage and che es~s[e
hereby crested shall cease and be null and vad.
And the rtbrt~or fiirther coveeants as folbws:
1. That he will pay the indebtednass, as hereinbefore providad. Privilese is resaved to pay the debt in whok, or in an amount eqwl
to one or murc monthly parments on the principal that are next due on the nac. on the ti~t day d any month prior to maturitr: Nhovrded,
however. that written~notioe of an intention to exercix such privilese is airen u Icast thirty (30) days pria to prcpayment• and. provided
further. that in the event the deM is paid in full prior.tb maturity and at that time it ~S irourod under the pravisions d the Nstiow!
Housing Act. he rvill pay to the mort~ee an adjusted premium char~e otone per esntum ( I96 ) d tbe oripnal principat amount tbereof,
txcept ~hat in oo svent s6a11 the adjustcd premium ezceed the ayrepte amount of premium chuses which would have been payable if the
mort~e had continuod to be insurcd uneil maturity: wch psymcat to be apqied b~r tbe n~o~p~ upoa its oblipaon to the Seerctary ot
Housinf ~nd Urb~a Developmant on aocount af nwrt~e iowrance,
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