HomeMy WebLinkAbout1895 ~•T ~
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iTAT[ Of f10.110A . -
. TAis fOrm is w~d in canwttion
f1iA i011Y i10 2110 w with ~ inwrb u~ tM
Rwis~d Wfr 1g71 _ on~ to fou~•family provision~ 01
tM Nstionai Nousi~ Act.
MORTGAGE
THIS MORTGAGE. dated t!?e 1St ~Y ~ t~.arch . A. D. 19 72 . by and
between GASTON JACKSOt~I and LOUISE P. JAC1i~ON , His Wif e •
hereinaRa called the mort~or. and
STOCKTO~II , HHATLEY , DAYIh & C02~AR'Y
. s corporation or~aaiud aad eaistin~ unda tAe laws of
State of Florida . ~~~a ~ ~
WITNESSETN. that for divers ~ood and vduabie consideratans, and aho in considaatio~ of the a~grcgate sum namod in the
promis~ory nole bereiaaRer dacribed. tt~e said mort~a~or does trcreby ~rant. ti~qaia sell. alie0. Kmise. rela~e, coavey. aad con6rm uaw
the said mortsa~ee sll that cenain pi«e. parcel. or tract of land ot which the said mort~or is now xiud and possessed and in actual
possessioa. situste in the couMy of
St . Lucie and Stsce of Flaida, dacribed as fdlows:
Lot 225, Sheraton Plaza, Unit Three, Replat,
. according to the Plat thereof as recorded in
Plat Book 16, page 12 of the Public Records
of St. Lucie County, Florida.
~ Together with the following items of progerty F~hich are located in and permanently
instulled as a part af the fmprovements on said land:
RANGF.: COLiJ:~US, MODEL 34G, SERIAL NLt!~Bffit 41994
:tANGE '.~OOD : MIArff CAREY, I~DEL 3730
SPACE HEA"rER : FORSAIRE , : fODEL ~+65F
The express enur.ieration of the foregoino items shall not be deemed to limit or
restrict the applicability of any other language describing ia general terms
other property intended to be covered hereby. ~D ~ p a~~y~
DtE 011 ~tASS'C OfTAi16lYLE PER'OMA~ MON~iy,
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amc-p~a~tr cou~ ~r. wc~ aa. ~
State Documentary Stamps affi~:ed to the original note aad cancelled.
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4 Together with ali structures aad improvements now and hueafter on said Iand. and fixtures attachod thereto, and all rents, issues,
proceods, and profits accruing and to accrue from uid premises, all of which ue included within the foregoing desc~iption and the
E habendum thereof: also all gas, steam, electric, ~vater, and othu heating, caoking, refrigerating. lighting. plumbing, ventilating, irrigatin~,
and power systems, machines, appliances. fixtures, and aQpurtenances, which now are or may hercafter pertain to, or be used with. in, or
0o said premises, even though they be detachecl or detachable. • _
TO HAVE AND 7'O HOLD the same, together with all and singular the tenements. 6aeditaments and appurtcnances thueunto
belunging or in anywise appertaining, and the reversion aod reversions, remainda or remainders, rents. issues, and profits ~hercof, and
also all the atate, righ~ title, intcrae. homestead. dowu and right of dower. separate estate, paasession, claim and demand whatsoever, as
well in law as in equily. of the said mortgagor in and to the same, and every part theroof. vrith thc ~ppurtenances of the said mortgagor in
arni to the same, and every part and pucd thueof unto the said mortgagee in fee simple.
•And the mortgagor hereby convenants with the mortgagee that he is indefeasibly stized of said land in fee simple; that he has full
power and lawful right to conveY the same in fee simplc as aforesaid; t6at it shall be lawful for the mort~a~ee, at all times peaceably ~ad
quietly to enter upon, hold, occupy, and e~joy said land, and every part thereof: that the land is and will remain iree from all -
encumbrances; that uid mortgagor will make such further assurances to prove the fce simple titk to said land in said mortgagee as may be
reasonably required. and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and will defend ~he
same against the lawful claims of all persons whomsoever.
~ PROVIDED ALWAYS, and thae praenu are executod and deliveral upon tdt folbwing conditions, to wit:
~ The mongasor agrees to pay the mort~ee, or order. the principrJ sum of SEVL''~TEEI~ TItOUSA.?v'D FIVE H[P.dDRh'D FIRTY
~ Dollars (S 17 ~550 .00 as evidenced by a note of even date herewith, with interest from date at the
~ rate of sevett per cencum ( ] per annum on the unpaid balance
~ until paid. The said principal and interest shall be payable ai the dfite d StOCktO[1 ~ Whatley, D8V~II bo COm~1SIIS? ~
~ 100 West Bay Street, Jacksonville, Florida
~ or at wch other place as ihe holder of the note may desi~nate in writin~. in monthly installments of Qj$E j~(jHDREp $j~T$F~j
l Dollars (t 1. commeacing on
~ A1~*D 88/100 116.88
~ the first day of ;~.ay . 1972 , and on the first day dacb month thercaftu uatil the prineipal
~ ar~d interest arc fully paid, exctpt that the final payment of principal aad iatereat, if not soona paid. stiall be due and payabk on tbe 6rtt
day of April ~ 2002 '
h And shall duly. promptly, and fully pafarm. discharse. exceute. etfax. complete. and oompty ~vitd and abide bp each and evay
the stipulatio~n, aQeemeots. conditions, and covenants d said promissory note and of this mort~e. then this mortp~e and the estate
hereby ueated shall ceaae and be null and vad.
.4nd the mort~or further covenants as tollows:
1. That he will pay the indebtodnas, as Aereinbeforc provided. Privilegt is raavod to p~Y thc debt in whde, or in an amount eqwl
to one ur mo~e monthly payments on ~he principal that arr next due on the note, on the fht day d any month ptior to muurity: Provided.
however, that written notice of an intention to exercise wch privilese is given at leau thirty 130? days prior w prepayment: and, provided
funhes, that in Ihe event the debt is paid in full prar to maturity and at that time it is inwred under the provisian d t6e Nstional
Housin~ Act. he will pay to the monta~ee an adjusted premium ehu~e d one per untum ( I'!fe 1 d the oripnal principal amount thereof.
eaicspt that in no eveet shdl the adjusted premium exceed the auretate amount of premium char`es which wouW have been payable if the
~ mortfa~e had continued to be insured unti! maturity: such psyraent to be applied bp the martp~ee upon its obliption to the Seercury of
Housin~ and Urban Derdoprt~ent on aocount d mo~t~e inwrance. j~iit!! 6. Dn~•
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