HomeMy WebLinkAbout1900 u~t ~ • ~ =
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itATE 0~ i~OR10A
~MS t~ ~ ~ed +A oo~+MCLon
fMA FORM NO l110 ~ ' ~q~ nw~t~~s ,~rb w~ q»
Rwis~d IAy 1971 a+~- to bw~tsmiy prwis~ons o1
~ tM tiationN Hous~r~ Att. '
MORTGAGE
THlS MORTGAGE. duod tbe 18t dar d ?LSZCh . A. D. 19 72 ~ ~
becwea~ iJILT.IB J. FAI~t aad FIARA AN~1 FAIR. His ~di f e ~
heoeinaRa alled the aoortsajor, and
STOCKTON, '~11'.ATIh'Y, AAVIN b 002~'AAR
. a carporataa orpnir~ed aed existiut w~da tbe taws af
State of F~orida . ba~einatta caUea we monsajee,
WITtiESSETH. U~at tor divtrs ~,ood aad valuabk tonsiderations, atd also ia ca~sidaatio~ d tbe aa.~».te wm named ia tl~e
P~~r ha~eiaaRa dacriped, tbe said a~ortsa~or does hertb~r ~+ux. b~rW'. ~d1. aliee. remMC. ret~se. coav~ey. and oonism usw
thc said mort~ee dl Mat oe~taia piecc, paroel. or tract of land of wAich the said mortp~or a now seizcd and posx~ed sad iu sctwl
possasioa sicuue ia tbe c~ouncr of
St. Lucie snd Sute d Flarida. dacribed,. rd~o~s: .
. Lot 227, Sheraton Plaza, Unit Three, Beplat, ~
aecording to the Plat thereof as recoxded in
Plat Book 16, page_12 of the Public Becords
of St. i~zie County, Florida.
Together with the followiag items of progerty which are located in and pere~anently
iastalled as a part of the ia~rovements oa said laad:
BA.9GE: COLUIrffiUS, 2~~DDEL 3t+G, SERIAL NUI~ER 38792
RAI~IGB ~i00D: MIAtII CARBY, ~DHL 3730
SPACB ~ATER: FOR5AIR8, MODEL 465P
:n»
xhe e.Ypress enumeration of t!~e foregoing items sha11 not be ae~a to limit or
restriyt the applicability of any other Ianguage describing in general terms other
property intended to be covered hereby. .
~ ~ ~ MM~EIR OF ~
ot~ oN cu~s ~c ~
~ ~ ~n-~ ~ ~
• ~ ~ ~ i~ uiaE co~, fu,
State ~ocumentary Stamps affixed to the original note and cancelled.
Tosaher with all structures aad imr.~:ements now and haeafter on uid land. aad fiztures atached thercto. aod all rents, issua,
proueds. and profiu accruing and to accrut from said premises. all of which are ioctud~d withia the torc~oios description sod tde
habendum thereof: also all gas, steam, eltctric, water. and wher heating, caokiag. rdrigeratioj. lightina, plumbing, ventilatina, irrigatins,
and power rystemt, machin+es, appliances, fuctures, and apputienances, w•6ic6 now are or may hertafter pertain t0. or be used with, in, or
oa said premises, even though they be detachod ar detachable.
TO liAVE AND TO HOLD thc same, ~ogether with all and sinsular the tenements, 6ueditameats and appurte~aoces thueunto
belongin~ or in anywise appertaining, and the revasion and reversions, remainda or remainders, rcots, issues, and profits tlxroof, and
also all the estate, right, tiUe, interat, homestead, dowa and right of dower, separau estate, possession, ctaim aad demand whatsoever, u
we11 in hw as in oquiry. oi lhe said mortgagor in and to the same, and every part theroof, with the appurtenances of 1he said mortgasor in
a~ to ttu same. and every part and pucel thereof unto the said mort`a~ee in fee simpk.
And the mortgagor hereby wnvenants with t6e mortgagee that ht is indefeasibly xiud of said land in fet simple; ihat he has fu!!
poww and lawful ri~hht w convey the same in fee simple as afor~.said; t6at it shafl be lawful for the mortsa~ee. at a11 times peaceably and
quietly to eota upon, hold, occupy, and eqjoy said land, and evay part tbaed: that the land is and wiU remain free from all
encumbrances; that said mortgagor wi11 make wch further assurances to prove the fee simple tide to~said lud in said moitgagee as may be
reawnably requirod, and lhat said mortgagor does hereby fully warrant the tiUe to said land, and every part thereof, and wip defend the
same against the lawful claims of all perso~n whomsoever.
PROV IDED ALWAYS. :ud thae pracats are ~zecutad and deliverod upon t6e following condiaons, W wit:
The mortpaor a~r«s to pay the mortpsee, or oider. We princi~l sum d SEVEI~EEIv` TIiOUSAP.^J FIVE ~~RID & FZFTY
Dollars (t 17 ~ 550 . 00 as cviderced by : note of evan datt here+vieh, w~ith interat from date st the
~a~e or sevea per ceaeum ~ 7 96) per an~wm on u,c w~pa;e b4iancs
until paid. The stid principal and interesi shafl be payabk at 1he d'fice d StOC3CtOI1 ~'dhatley, Davin & Co~anq
100 West Bay ~treet, Jacksonville, Florida
or at such other plaoe as the hdder of the note may daignate ia writipf, in monthly irntaltmenls of OtiE HU::Dl~$D S7.XTE~~S
AiiD 3$/100 Dollars(t 116.88 ~commencinson
the fint day of j.;gv . 19 72 , and on the Rrst day d esch momh theneafter untit the principal
and interest are fully paid. except that the 6na1 paymeot of principat and interest, it aot sooner paid, shali be due aod payabk on the 6rst
day ot April , 2002 ,
And shall duly, Promptlr and tu1Fy pertorm, d'uchar~ eaecwe. effed. rnmplet~, and oomply aith and abide by ac6 and erery
the sdpulations, aQeements, conditiora, and cwenaats d said promissory note and d this mart~e. then this mortp~e and tl~e euste
haeby creatod shall ceaae aad be null and void.
And the mortp~or further covenartts as fdbws:
1. That he will paY th~ indebtodnGU, is hereinbefore provided. Privik~e is resavod a psy the debt in who{e. or in an amouat equal
to one or more monthlY paymrnts on the principal that a~e next due oa the note~ on the first day af aap month prior w maturitr: !'rorid~d,
however, that written notiee d an inteateoo eo exu+cise sueh privilese is pvrn at least thiriy ( 30) days prior w prepayment; and, providod
funher. that in ~he eveat the deM is paid in full prior to msturi[y and u tbat time i! is irwuod under the provisioas af tbe Nstionsl
Housin; Acl. he will pay to tAe mortsa=ee an acyi~ste~ pranam t~ar~e d one pp tewtum (1 d the oripnal principd aa~ount thetoo~
exoept tbac ie ea svent ahall the adjusted premium ea~ceed the syresate amount d premium charses which wouW have born payabk if tfie
mort~e had continued to be insured until muuritr: wch parmeat to be appi~ed 6y tbe morip~oe Ypo~ i1s obli~atioa w ~be 5ec~eury d
Housi~ and Urbaa Development on aaount of mart~e iawrance.
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