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`n sar-i~,eo~ s
~ t'ti~1 Css~ 094-~75248-235
iTATE Oi i101110A Walter 6. Davi
' TM~s ~~M~ -""r" This tan~ is us~d in connation
fMA FORM NO l110 ~ ~ with mort~~s insu~~d undK tM
Revis~d Ms~r 1971 so~ tMO ~ rowt ~ao~. ~al~ a»- to fou~damiy pro+risior?s ol
~ 2'~85S4 -
MORTGAGE
THIS MORTGAGE. da~ed ~he 25th. day ot A,pril , D. !9 72 . by and
be~w«n Rp~ert 7~. Riddle and Dafsel L. Riddle. his wife ~ .
haeinafla cdled the mort~or. and
J. T. 9TE~NART MO[rPG~GE C
. a c i9.od and eziuias unda the laws of ~ate of
Florida • ~ ~s•sa•
WITNESSETH, that for divers ~ood and valuable considerations, aad also in considcratio~? of the a~regate sum named i~ tht
promisaory nole hereinati~et dexribed. U~e aa~d mat~a~o~ doa herebY i~aa~ bauWn. aell. alie0. remise. relaie. coavey. aad coa6rm uaw
the uid mortp~oe all that certaia piece. parcel. ur tract of land d which the said moripjor is now~ seiud and possessed and in ~ctud
posse~ion, situate in the couaty of St. Lueie
an~ State oi Florida. descri6oci ~-s ft~l;ins~s:
- The North (N~i) oE the 8ast of the Nest 194.46 feet oE the Saist 5].1.15
feet of the South 210 feet of the North 375 feet of Lot 222, 1~H1TS CITY
St1BDIVISION, accordinq to the Plat thereof as recorded in Plat Book l,
page 25, Public Records of St. Lucie Cauntp, Florida, a/k/a Lot 10, B1ock -
2 of the unrecorded subdivision of HR00MB-TIOGA.
State Documentary Stamps affixed to tha oriqinal note and cancelled
. ~
~v tN PAYM~
~
~ AN618l.E ~ S Of ~91L ~
01~ ~ ~ 71-13~. ~ C
~t r° ~ p°Ra?.s a~i~
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To~aher with all suuctura and improrements rww and hueafler oa said land, and fuctiues attached thercto, aad all rents. issues,
procoeds, and proGts accruing and to accrue from said premises. all of which are included within the foregoin` description and the
habendum thereof; aho all gas, steam, electric, water, and othu 6eating. cooking, retrigcrating. lighting, plumbing. ventilating, irrigsting.
and power systems, mxhines, appliances. fiawres, and appurtenances. which now ue or may hereafter pertain to. or be used with. in, or
on said premises, even though they be detachod or detxhable.
TO HAVE AND TO HOLD the same, together with all and sin~ular the tenements, hereditaments and appunenances thereunto
belonging or in anywise appertaining, and the reversion and revusions, remainder or remainders, rcnts. issues, and profiu thereof, and
also all the estate, right, title, intereu, homestcad, dower and right of dower, aeparate euate, posiessan. claim and demand whatsoever, u
well in law as in equity. of the said mort~agor in and w the same. and every part thereof, with the appurter~ances of !he said mortgagor in
and to the same. and every part and parcel thereof unto tbe said mort~agee in fee simple. "
And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized oi said land in fee simplc: that he has fult
power and lawful ri~6t to convey the same ia fee simple ss doresaid; thac it sAaU be Iawfu! for the mori~agee, st sp times peaceably and
quieUy to enta upon, hok1. occuQy. and eqjoy said land, and every part thereof; that the land is and will rcmain free fmm all
encumbranc.~s; that said mortgagor will make such further assurances to prove the fee simple tiQe to s~id land in said mo~tgagee as may be
reasonably roquired, and that said mortgagor doa hereby fulty warrant the title to said land, and every part thereof, and will defend the
same against the (awful claims of all persons whomsoerer.
PROVIDED ALWAYS. and thsse presedts are eacxutod and deliverod upcm the foUowing conditions. to wit:
The mortissor asrea to pay the nart~ee, or order. the priacipsl wm d SZGHTEEN TIiOUSAND FZVS HUNDR~ AND NO/100
Dollars (f 18 , 500.00 as evidenced Ey : note of evea date herewith. with iaterest from date at the
eate of ggvp~ per centum ( 7 96j per annum on the uapaid balance
until paid. The said principal and interest shall be payable at the dfice of J. T. ~~(,°g C(xypllpy~ INC.
Suite 30d - 100 Miracle Mile, Coral Gables, F2oric7a ~
or at such ott~er place as the ho{der of the noce may desi~nate in writin~, ia montWy i~tallments of ~g ~dred Twenty Three
and 22/Z00--------------------------------~Dollars li 123.21 o^mmeocin~ on
the first day of Sept~mber ~ . 19 72 . and on the lirst day d ach month thereafta until the principal
and interest aro fully paid, except thu the 6na1 paymeat of priacipal and inurest, if not sooner paid, shall be due aod pa?yabk oa the first
day of Auqust, 2002 :
And shall duly. promptly. and fully perfarm, dischar~e. euecute. effect. complete. and comply with and abide br esch and every
the stipulr.tiaa, aQeements. coaditions. and carenants d said promissory aae ud d this mart~e, then this mortpse aod the atate
6aeby creatod shall usse aod be null aad void. ,
And the mortaa~or furiher covenants as folbws:
. 1. That he will pay the inikbtodness, s hereinbefore provided. Privile~e is raaved to psy tNe debt in whok, a in an amount equal
to one or more monthly psymrnts on the principal that are neact due on the note, on the fmt day of sny month p?ie~ to maturity: A?ovided,
- however, that written notice ot an intentioe to eaercise such privilese is siven at least thirty (30) days prior w prepayment: and. provided
furthor, thst in the event the debt is paid in fuN prar to nuturity and at thst time it is it~wred under We provi~ions d tbe Nstiooal
Nauin~ Act, he wiU psy to the mortsasee an adjusted premium charae of one pu ceMUm (196 ) d the orip~uf principal amouM thereo(.
except that in no event shdl the adjusted premium exceed the a~re~ate amount dpremium char~es which would have boen payabk if the
mortsa~e had continued to be i~urcd until maturity: suct~ p~aymen~ w be apaiai by ux morus~ee upon ia obli~,uioa a che sec~eury ot
Housins and Urban Devebpment on aocount d moR~e inwrance.
aaoK20~ P~2?49
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