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HomeMy WebLinkAbout1885 ~ ~ ~6 w~a~~`~57316 l r l iTATE OE f~OR10A ~~s • This fa+n ~s w~d in com~ct~on fMA fORY NQ l110 ~ wiM mort~a i~qut~0 u~Wrr tM Reris~d Ma~r 1971 a+r to four-f~mii~r provisio~s of tM Nationa! Housir~ Att. MORTGAGE ~ TNIS MORTGAG~. datod the Z/C day of ~1Z . A. D. 19 ~Z . by and betw«n C~'1'L~ CLwlL, J1l. aad 8alTqtt CLLR[. Hi• iii~t , hereic:~a called the mort~or, and S1~kr01i. ~iH~TIiY. DI~VIli i f~QQ1?11Y - . a corporation orsanized aad exiuiaa under the laws af Stat~ o! ~lorida , nereinatta cal~ea u~e mortga~ee. WITNESSETH. that for diven ~ood aad valuaMe considerations. and also in consideration of the aggregate sum namod in thc Pmmis~ory ao~e hereiaafla dwcribed. the aaid mort~a~o~ does herebY ~rant~ barpi0. aeli. alie0. remise. retsse. coavey. and con6rm uato the said mortsatee all that certain piece, parcel, or tract of land of which the said ~aort~or is now stiud and possessed and in actua! po~ession. situate ia thc couaty of St. L11C~e • and State of Florida. described as foQows: Y.O~ ~ Of $R~~I~U ~.L ~ U~I~ 1~8~ ~ ~'1' - ac~ordiog to t~ Plat the~c~ot as sscord~d io Plat Boot 16, page 12 of tha Pnblic Reoorda ~ of St. Lu~is Co~t7, lrlorids. ?ogath~r vith ths follaring itera o! ps+~p~st~ vhich ar~ ],ocat~d in +md pem¦anantl~ inatalled a~ a part of the i~provrants c+a ~aid land: OOZ.~1l~S, 1lO~EL 346; 8SlI~L ~ 42036 1v11G8 H0~ : M~MI C~1~IC, I~ID~ 3730 - St~CB ~1'R: 1~+0~S~IRE, MODBL ri6S! - T6~ aspreas sntia~cati,oa of the foregoing it~¦u slull not bs dewd to lisit or restriat tha applicability of ~ oth~r laoguaga desa~cibing iu g~n~ral t~rr othe~c pro~ps~ct~ intez~ded to be co~vared hereb~. ~r~a a w~ nuE or~ cuss ~ r~o~ ~~r, ~ TO ~71•l~~ ~ 1~3.~ 4+E~I CYOtpi COURla ~T. 1,IICIE p~ ln Stata Docsfeatary Staps affized to the origiaal aote aad caacall~d. Together with all structures and impfovements now and hereafur on said land, a~ fixtures attacAed thereto. and al~ rents, issues, proceods. and profits accruing a~x1 to accruc from said premises, all of which are includat within the Coregoing desc~iption and the habendum thereof; also a11 gas, steam, electric, water, aed other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, an! power systert~s, machines, appliances; fixmre~, and appunenances, which now are or may hereafter pertain to, or be used vrith, in, or un said premises, eve~ though they be detached or ~fetachable. TO HAVE AND TO HOLD the same, together with all and ~ingular the tonements, hueditaments and appurtenances thereunto belonging or in at?ywise appertaining, and the reversion anJ revcnions, remainder or remainders, rents. issues, and profits thereof, and also all the estate, right, tiUe. interest, homestead, dower and right of duwer. xparate estate, possession, claim a~xi demand whatsotver, as well in taw as in oquity, of ~he said mongag~ in and to the ~ame, and every part thereof, vvith the appurtenances of the said mortgagor in a~x1 to the same, and every paR and parcel thereof unto the said mortgagee in fce simpk. And the mortgagor hereby convenants with th~ mixtg~gee that he is indeteasibly uized of said land in fce simple; that he has ful! power and lawful right to convey the same in fee simple u aforesaid; that it shall be lawful for the mort~agee. at all times peaceably and quietly to enta .~t+on, hold, accupy, and enjoy said IanJ, and every part thereof; that the (and is and will remain free from all encumbrances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be reasonably requiraf, and that SaiJ mortgagor does hereby fully w•ar~ant the tide to said land, and every part thereof, and will deFend the same against the lawful claim~ of all persons whomsocver. PROVID6D ALWAYS, and these preseats ue executod and delivered upon the folbwing conditions, to wit: The mortgasor agees to pay the mortBa6ee, or order. ene ~;aa~ u?~ or 88V~i1'EBlT TNOUB~ID EIGHT ~ b li0/100 Dollars (S Z7~$~0.(b az evide~ed by a rate of evrn date herewith, with interest from date at thc rate of i~1/!0 per centum ( ] ~6) per annum on the unpaid balance until paid. The said principal and enterest shaJl be payable at the of5ee of $'~i ~'j'jaY ~~Oj]j j~ (~~Q~Y ~ 1Q0 iieat Ba~ Stsast, Jacksanville, Florida ur at suc6 Whu plaa at the hol4er of the nwe may designate in writing. in monthly installmenu of •31d ss~l~ ~••~•~••-•~•~~•~~-~~•~•~•~N~~- Dollars (S li$.SS ~ commenciag on the first day of ~ , 1972 , and on the first day of each month thenafter until the principai and inlerest arc fully paid, except tAat the final payment of principal and intcrest, it not sooncr paid, shall be due and payable on We 6rst j day of ~ii ~ 2002 ; ( And shall duty. promptly, and fully paform, discharae, execute, efTect. o~mplete. and comply ~rith and abide by each aad every ~ the stipulations, ~aments, co~ditions, and covenanu of said promissory note and of this mortgage, then this mortgage and the estate haeby crutod shall cesx and be null and vad. And the mortgagor further covenants as follows: 1. That he will pay the indebtnlntss, as hereinbefore providod. Nrivilege is resuved to pay the debt in whole, or in an amount oqual to one or morc monthly payments on the princi~nl tha~ are next due on the ~de, on the fust day of any month prior to muurity: /'rovided, however, that written notice of an intcntion to exercise such pririlege is given at least Ihiriy 130) days prior to prcpayment: and, provided further, ihat in the erent the debl is paid in full prior to maturity and at that time ii is inwred under the provisionc of tbe National Housing /?ct, he wrill pay to the mongagee an adjusted premium charge done per ceMUm (1 of the oriynal priocipal amount tbaoof, except that ie ao ereot ~dl the aeljusted premium exceod ~be aggregate amount of premium charses whieh would have bea~ payable if the mort~e hid continued to be insurcd until mr~turity: wcl~ paymeM to be applied by the mortp~ee opon its obliptioa tsry of Howiry and Urban Development on aacount oi matpge insurance. Bn~zU1 ~~1~3 ~ R ~ ~ o !Od R 1ND iT. /ORT rl[RCL /LORIDA : 1 er . . . _ r..,~ ~ ' =a . '•~z3c~~3 y-r~~ „2,'^~~'~e~-r~~r~,_ :~~2 -.S,.-e--~T.~,.~~4~"~: : - _ , . ~ ~ +a~'. ~s ; ~ ° _