HomeMy WebLinkAbout2197 ~1l~i` ~u? c~gd o9a-ob~z~o-z3~ ~i~
iTATE Of fLOR10A TM~~ ~„M~ ~v~ Nalter E. Devis Thi~ ta~ ~s us~d ~o co~n~ct~on
fNA fORM NO l110 ~ A~~~ ~ TiTt'E COItP, O~ ~ w~th nwrt~~s insund ut?dK tM
Rwis~d Ma~r 1971 I~c~?a~ on~- to fout•family praviswns of
tM NNional Housity 11tt.
MORTGAGE
THIS MORTGAGE. dated ihe 24th. d~Y ~ A,pril . A. D. 19 72 , by snd
Detween Bertha O'Neal~ a sinqle adult '
hereinatta called thc mat~a~or. a~d
J. T. ST~IAIrP MOd~I'G11GE (.~~ANY, INC.
. a corporation or~aniud and existiag unda the laws of $~atA Of
Florida , hereinaRer called the mortsa~ee.
WITNESSETH, that tor divers ~ood a~d valuable considerations. and also in consideration of the ag`re~ate sum named in the
promis~ry note hereiaafter dexribed. the said mortga~or does hereby panb bar~ai0. sell. diea. remise. rclass. coavey. aad confirm una
the said mortga~ee all that certain piete. parcel, or tract of land d which the said mortgagor is now~ seized and posseued and in ictual
possession. situate in the county of $t. Lucie '
~ and State of Flarida. dacribcd as follows:
Lot l, Block 3, PRQ6PffitITY PARK, as per plat thereof recorded in Plat
Hook 7, page 55 of the Public Rscords of St. ~ucie County, Florida.
State Documentary Stamps affi.xed to the original note and cancelled
~n 3. .Z t~ ~n nirMtrr oF w~
DIIE ON CUISS 'C' IIITAtiGIBIE PER90l~AL PROPER(Y,
' PURSUAMt TO CIiAPiER 71-134, AL?S Of 19/L
B06ER POITRAS ~ t
CLERif CIRqIR COURT, S!. UIC~E 00, FtJ?
~
f Together with ail structures and improvements now and hueafter on said land, and fixtures attached therew. aad ali renu, iswes,
~ proceods~ ~and profits accruing and to accrue from said premisa, all of which are included within the foregoing descriptan and the
habendum thercof; also all gas, steam. ekctric, water. and othu htating. cooking, reirigerating, lighting, plumbing. ventilating, irrigating.
and power systems, machines, appliances, fuWres, and appurtenances, which now ue or may hereafter pertain to. or be used with, in, or
on said premises. even though they be detached or detachable.
TO HAVE AND TO HOLD the same. together with all and singular the tenements, hereditameots and appurtenancu thereunto
belonging or in aoywise appertaining. and the reversion and reversions. remainder or remainders, reats, issues. and profits lhereof. and
also all the estate, right, tide, interest, homestead, dower and right of dower. separate estate, possession, claim and demand w6atsoever, as
well in Iaw as in oquity. of the said mortgagor in and to the same. and cvery part thcreof. with the appurtenances 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 mortgagee that he is indefeasibly seized of said land in fee simple; that he has full
power and lawful rigt~t to convey the same in fee simple as aforesaid: t6at it shall be Iawful for the mo~tiagee, at all times peaceably snd
quiedy to enter upon, hold, occupy, and enjoy said land. and every part thereof; that the land is and will remain free Gom all .
encumbrances; that said m~rtgagor will make wch furtha assurances to prove the fee simple tiUe to said land in said mortgagee as may be
reasonably required, and that said mortgagor doa hereby fully warrant tht tittc to said land, and every part thereof, and will defend the
same against the lawful claims ot all persons whomsoever. ~
PROVIDED ALWAYS, and thae presents are eacecutad and delivered upon the fdbwingconditions. to wit:
The mortaasor agrees to pay the mort~oe, or order. the principal sum oi SIXT$EN THWSAND SIX HiJNDRSD AND NO/100
Dollars (S 16,600.00 as evidenced by a note of even date herewith, with interest from date at the
rate of SEVen per centum ( 7%) pu annum oa the unpaid balance
until paid. The said principal and interesi shall be payable at the office d J. T. STS9iART !![~GS (.~a"~Ald7C, INC.
Sliite 300 - 100 Miracle Mile, Coral Gab~es, Florida '
or at such other place as the holder of the note may de3ignate in vrriting. in monthly installments of Q[18 H11ndr@d. T@ri aIid
_
56/100---------------------------------- Dollars (S 110.56 ~ commencing on
the first day of JUn@ , 19 ~2, uid on the first day of each month thercafter until the principal
and interest are fully paid, except that tde final payment of principal and interest. if not sooou paid, shall be due and payab~e on the first
day of May, 2002 :
And shall duly. promptly, and fully puform. dischar~e. eaixute, effa~. complete, and oomply ~vith and abide by euh and every
the stipulations, a~reemeots. conditioas, and covenants d said promissory aote and d this mort~e, then this mort~e and the estate
haeby aeated shall ce,ase and be null and vad. -
And the rtart~agor further covenants as follows:
I. That he will pay the indeModness, as hereinbeforc provided. Privileae is reserved to pay the debt in whok. or in an amount equal
to one or more mamhly payments on the principal that are next due on the note, on ihe first day o( any month prior to maturity: Hrovided.
however, that written notice of an intention w exercise such privilefe is =iven at leau thirty 130) days prior to prepayment: and, provided
funher, that in the event the deM is paid in full prior to maturity and at that time it is insured under the provi~ions of the National
Housins Act. ht will pay to the mort~ee an adjusted premium char~e d one per centum (19E ) of the aisinal principal amount thereot
ea~cept thst in no eveet shall the adjusted premium eaceod the a{~repte amount of premium charsa whicA would have been payable if the
mort~e had contioued to be imured until maturity; such payment w be applied bq the mortp~ee upon ies obliptioe to the Secrctuy of
Housin~ ud Urban Development on socount of mort~e inwrance.
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