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Home My WebLink About2183 . j' _ ~ ` ' ' S?-17.787 8iD i 95aZ87 STATE Of f~OR10A Th~s tonn is us~e ~n com~ction f~u? ~o~M No:~ ~o ~ ~1~~ ,~a, ~„~.a „~a« u~. Revit~d ~la~r 1971 on~ to fou~~tamily porisioos d tM Nationat Housi~ Act. MORTGAGE . TtllS MORTGAGE, ciated the let day of Apl12 , A. D. 19 72 ~ by aad between TNOilAB J. PAYNE aud B~NI~CB P~. His Hifa , hereinafler callai the mort~ar, and S1~OCT.Z~ON, iiBATI.EY, Ai?VDi ~ 00l~~tiY _ corporuioa otpnized and exiuina uader tAe laws at State of Florida . n~~nafta ca~iea ~ne ~~ee, WITNESSETH. tbat to~ divers ~ood and valuable considentans, and aiw +n considaation of the ag~rcgate sum named in the promisaory ~ote haeiaaRer describod. the aaid mortp~or does hercby aant, bar~ain~ sell. diea remise. ~I~se. coavey. and confirm uato the said mortgaaee all that certain piece, parcel. or tnct of Iand of which thc said mortga~or is now seized and posseued and ia xtual possession. situate in the county of . St. L1~C1e and State of Ftorida, describad as fdbws: Lot 196 of Shezaton plaaa, Uait Three, Y~lat - accordiag to tbe Plat thereof u recorded i.n Plat Boot 16, page 12 of the Public ~eoorda of St. Lucie County, Florida. Togetheac vith the follaring itss of property s~hic6 ate located in and pers~aeatly installed sa a part of the laprove~ents on said land: ~ANGB: (~OLtR~UB, MODBL 34G, SIDtIAL ~Et 42039 SANGS HOOD: KL?ZII C11~8~t, I~Dffi. 3730 SP~CS 88~T~t: F03tS~IitB, ~DBL 465F The ex}~ress enu~eration of the foregoiag items ~hall not be dees~d to limit or iesttict the applicability of a~ay othez langwge describing in gaaeral terss other property iatea~ded to be oovered hereby. ~vm t~. 3-~f v~~n~exr oF vuoet ~ uuE oN a~ss ~c ixra~s~ ~asor+~ w~o~~Y, . PIJRSIWii i0 ~71•POliR11S Of 19l1. - r~ c~t t~cuR oou~t, sT. wc~ oa, fu? State Docum~mtary Stampa affized to the original note and caacelled. Together with aU suuctures and imp~ovements now and hereafter on said land, and 6xtura attached thereto. aad all rents, issues, procteds, and profits aceruing and to acerue trom said premises, ali of which are iacludaf within the foregoing description and the habendum thereof; also all gas, steam, electrie, water, and other heating, cooking, refrigtratin~, iighting, plumbing, ventilating, "urigating, and pow~r systems, machines, appliances, fiuures, and appurtenances, which now are or may hcteafter pertain to, or be used with. in, or on said premises, even though they be detached or detachable. TO HAVE AND TO HOLD tho same~ toget6er with all and singular the tenements, haeditaments and appurtenances thaeunto belonging or in anywise appertaining. and the reversion and reversans, rcmainder or remainder, rtnts, issues, and profits thereof. and also all ehe estate, right, tide. interest. homestead. dowa and right of dower. sepuaie atate. pcussssan, claim and demand whatsoever, as well in law as in equiry, of the said mortgagor in and W the same. and every part theroof. with the appurtenanca of the said mortgagor in ~ and to the same, and every part and parcel thereof unto the said mortgagee in fee simple. ' And the mortgagor hereby convenants with the martgagce that he is indefcasibly xized of said land in fee simple: that he has full ' powa aod lawful right to convey the same in fee simple as aforesaid: that it shall be lawful for the mortgageq at al! d~es peacezb(y aad ; quietly to enter upon. hoW, occupy, and enjoy said land, and every part therooF, that the la~ is and will «main free from all f encumbranca: that said mortgagor will make such further aswrances to prove ihe fee simple tide to said land in said mortgagee u may be reasonably requirod, and that said mortgagor does hereby fully warrant the title to said land, and every par! thereof, and will defend the ~ same against tbe lawful claims of all persans whomsoever. ~ PROV IDED ALWAYS, and thae presents ue executed and deliverod upon the fdbwing conditions, to wit: ~ The mortgasor a~reea to pay the nwrt~ee, or order. the priocipal wm d 1~II~TRBN T~NISAND 1Si0 flUND~BD AtJD NO~I00 Dollars (S 1s~20~~(~ as evidenced by a note of evrn date herewith. with intaest trom datt ai the ° rate of s~~ per centum ( 7 96 ) per annum on the unpaid balance i until paid. The said principa! and interest shall be psyabte at the offite of ~T~Y ~~0~ ~iC ~,~P~ ~ 100 West Bay Stzeet Jacksaaville, Florida or at such othu place as the holder o~the note may designate in writins, in monthly insWlmoatt of aad 87/ 100 nouan cs 127.87 ~ commeoc~n~ o~ ~ the fint day of J~e , 19 72, and on the 6rst day d qch month thereafter until the principal and interest arc fully paid, except that tho 6na1 payment of principal and interat, if not sooner paid~ shall be due and psyabk on the first ~ aay ot Ma7 s 2002 • And shall duly. promqly, and fully pafam, dischar`e, execute. eRect. comptae. and oomply with and abide by esch and every the stiputstions, ajramenta. conditions. and covenants d said promissory nae and d this martpje. tben this mort~e and the estate 6aeby crated s6a11 cease and be null and vad. i And the mort~or further covenants as folbws: ~ i. Z'hat he will pay tht indebtedness, as hertinbefore providod. P~ivilege is raserred to pay the debt in whde. or in an amount equal F to one or more monthly payments on the principal that are next duo on the note, on the first day d any month prior to maturity: Phovided, ; however. that written naice of an intention to ezercise such privilege is aiven at least thir[y (30i days prior w prepayment; and, provided ~ further, that in tht event the debt is paid in fuq prior to maturity and at that time it is inwred under the provisions d the N:tional i Housing Act, he will pay to tbe mort~ee an adjusted premium chuse of one per centum 119E ? of the ai`inal principal amount thaeof, ; except that in no event shall the adjusted premium exceod the ag6re~ate amount of premium chuses which would have bee~ payable it the mortp~e had continuod to be inwrod until maturity: wch payment to be appliod by the mort~a~ce upon its obli Housins and Urban Devebpment on aocount of mat~e insurance. ~ ` ~ T?: , . . ` . iialtet~ B. Davis ' ; ' ~ ' j , 91i~~V~ PACf~~~.i ~~'2NU Si. 7,1tORT Y:ER'l.E. F~C?i+,:,,. -r..1 A * . ~ ~ ' . . r~"~-~^r.~.~^,,.,^" : ' . ~'~`~~4'~ ~:'y ~ ~-.m~ss3~~.° ~ . 5~~'v'.'%~, "