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SYATE Oi ilOR10A
Thit fpn? is us~d ~n carwcl~on
FMA ~ORM NO 2110 ~ with mort~s i~q~rrd undK tM
Rwis~d May 1971 aw- to fou~-famiy prorisia~s of
tM National Housi~ Att.
MORTGAGE
THIS MORTG/1GE, datod the 20th . day of Apzil , A. D. 19 72 , by and
bciw«n DAVID A. BUXTON and D~BBIE A. BUXTON, his wife •
hcoeinailer calkd the mortp~or. aed .
ATICU 1~RTGAGB CORPORATION
. acorporation orpniud aufd existin~ unda the laws o( State of Florida
. hcrcinafter called the mort~asee.
WITNESSETH, that for divers ~oa! and valuable considerations, and also in coasideration of the aggre~ate sum r~amed in the
promiss~ry note hercinaEta dacribed. thc said mort~a~or does hereby gaan~ bsrsaia. sell; alieo. rcmise, rela~e. canvey. and oonfirm uato
the said mortgagee all that cenain piece. parrel. or tnct oi land d which the said mortpsor is now seized and possessed aad in actual
possession, situate in the county of St . LuCie
and Sute of Florids. desc~ibed as fdbws:
Lot 40, Block "K", MARAVILIA $STATES, a subdivision according to the plat
thereof recorded in Plat Book 8, page 77, Public Records of St. Lucie
County, Florida.
As additional security for the payment of the inde~~edness secured bq this
mortgage, the following non-real estate items are included:
Westinghouse Elec. Range Mod. IQr'130I~if~i2 '
Sittger American Elec. Furnace Mod. BCE22008-CF
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n' /~aSTRACT AMD TITLE CORr. OF FLO~A
, 8t. t~lC1E o0, ~ idieN~1~ a dde 'n~taace trawdi~. RiDA
27.15 State documentary stamps affixed to the origfnal note and cancell~d.
Togethor with all uructures and impfovemenu now and hucafter on said land. and fixtutes attachod therew. and aq reats. issues,
proctods, and profits accruing and to accrue from said premises, alt ot which ue includcv! within the fortgoing description and the
habendum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbirsg, ventilating, irrigating,
and power systems, machines, appliances, fixwres, and appurtenances, which now are or may hereafter pMain to, or be used with, in, or
on said premixs, even though they be detached or detachable.
TO HAVE .4I~D TO HOLD the same, together with all and singular the tenements, hcreditamenu and appurtenances thereunto
, belonging or in anywise appertaining, and the reversion and reversions, remaindcr or remainders, rcnts, issues, and profiu thereof, and
also all the estate, right. titlt, interest, homestead, dower and right of dower, separate estait, poueuion,~ claim and demand whauoever, as
well in law u in equity, of the said mortgagor in and to the same, and every part theroof, with the appurtenances of the said mortgagor in
, arni to the same, arxl e~try part and parce! thercof unto the said mortgagee in fee simple. .
And the mortgagor hereby convenants with the mortgagee that he is indefeazibly uized of said land in fce simple: that he hu full
power aad lawful rigbt w convey tlx same in fce simple as aforesaid; that it shall be lawful for the mortgagee,, at all tima peaceably and
I quietly to enter upon, hold, accupy, and enjoy said land, and every part thereof; that the land is and will remain free trom all
encumbrances: that said mortgagor will make such funher assurances to prove !he fce simplo title to said land in sa~d mortgagee as may be
' reasonably required, and that said mortgagor dots hcreby fully warrant the titk to said land, and ~every part ihereof, and will defend the
samr rgainst the lawful claims of all persons whomsoever.
j PROV IDED ALWAYS, and thae praents are eaecutod and delivered upon the folbwing condit~ons, to wit:
j The mortgaaor asrees to pay the mortgagee, or order, the principal sum o[ EIGHTEEN THOUSAND ONE HiTNDRED and 00/100---
i Dollars (f 1$,100.~0 as evidenced by~a note of even date herewith, with interest trom date at the
~ rate ~f SEVEPI per centum ( --7-- per annum on the unpaid balanu
until paid. The said principa! and interest shall be payaWe at thc office of ATICO HORTGA~GE CORPORATION
P. 0. Box 3131, Miami, Florida 33101
or at such other place as chc ho{der of the note may designate in writing, in monihly ins~al~me~~s of One hundred twenty and
! SS/100--------------------------------------Dollars(f 120.55 kwmmencingon
the first day of June . 1972 , and on the fint day of each m~nth thercafter until the principal
and interest are fully paid. except that the 6nat payment of principa! and interest, if not sootxr paid. shal! be due and payablt on the first
day of I~Iay?~ 20U2 .
And shall duiy, promptly. and fully paform. dischuse, e:ecute, effat, wmplete, and oomply with and abide by each and every
the stipulations. agreements, conditions, and coveaants of said promissory nwe and of this moct~e. then this mongage and the esutte
hereby creatod shall cease and be null and void.
And the mortgasor turther covmants as folbws:
1 That he will pay tt~e indeMedness. u hereinbefore provided. Pirivilege is resaved to pay the debt in whok, or in an a~nount equal
to one or more monthly psymonts on the principal that are next due on the note, on the fitst day of a~ny month prioF-to maturity: /'rovided,
howevcr, that written notioe ot an intention to exercise wcb privilege is given at least thirty t30) days prior to prepayment; and. provided
further, that in ~he event the deM is Qaid in full prior to maturity and at that time it is insured under the provisions of the Nalional
~ Hou:ing Act, he will pay to the mortgaaee an adjusted premium chuge of ane per centum ( t 961 of the ai~iaal principa! amount thaeof.
exceQt that in no event shall the adjusted premium exceod the atgresate amount of premium chuga which wouW have boen payable if the
! mortsa~e had continued to be inwrod until maturity; wch payment w be ~ppliod by thc mortgasee upon its obli~stion w the Secrctary of
' Housin~ ud Urban Derelopment on aocwnt of mort~e insurance. -
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