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iTATE Of flORIOA ~ ~~~UNb~r rlltl~Al~Rf ~W' NA~F.~'~-~~~vis
F11A fORN NOl110 ~ I1d~TRwG't a TIn.~ caR~. o* r7.A. ~ fam i~ ~i
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ucon»ction
Rwis~d Ma~r 1971 i. !NO !7 f ORT P[I~C[. t~oiwar? to~
'ty prorision~ of
the Nati0nsl Housi~ 11ct. -
MORTGAGE
THIS MORTGAGE. dsted the ZSth. ~Y ~~pril . A. D. f9 72 . b~r aad
be~wcen ~rs L. Parramore and I,illian O. Parramore, his wife •
hercinzfter called the mottpjor. and
J. T. ST~1' MOKPGJ?GS CO!lP~11NY, INC.
Florida . a co~ora~ia, orianized aae eac~utoa una« ~he ~aws oi State of .
, AereinaRa csllod tbe mott~ee.
WITNESSETH. that for dive~s sood and valuable coasiderations. aad also in consideratioa of the s~retate sum oamed in the
promisaory note hatinalter dacribed. the said a~ort~s~or doa herebY Qan~ b~r~aia. stll. at.ie4 nea~ise. rda~ coorey. aad conSrm unto
the said mo~ee all that certain piecs, parcel, or tnct of land of wAich the aaid mortp~ is uow~ seiud and possessed and in actual
posscssioa sitwue ia the couary of St . ytteie
and State of Florida, dacribed as idloMrs:
The Nest 163 feet of Lot 18, Block 1~, ~ONY 8S1'1?TgS, according to
the plat thereof as recorded in Plat Book 8, paqe 78, Public Records
of St. Iucis County, Florida
~ State Doc~ntary Stamps affixed to the oriqinal note and cancelled
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Tose[her with all structures and improremeats now and hereafter on said laod. aad fi~ctura utached thercw. and all rents, issues,
proceeds, and profits accruing and to accrue from said premises. a11 of whicl~ ue ioclafed within tt~e tore~oia~ description and t6e
habendum thereof: afso att ~as, steam. elertric, water. and aher heatires. cookins, reftistratin~. li~htins. plumbing, veatilatin~, irri~atia~,
and power systems, machines. appliancei. 6xtures, and appurtenances, which now are or may hereafter pertain to~ or be ~od with, in. or
on said premises, even though thry be detached or detxhable.
TO HAVE AND TO HOLD the same, toget4er with a!! and sin~ular the tenements, hereditaments and a~purtenances thcrcuato
belonging or in anywise appertaining. and the reversioa and revas:ons, remainder or remaindas, rents, iswes. and pro6ts thatof, and
also all the estate, righ~ tiUe. intereu. homatead. dowa and ri6ht of dower. separate atate. possessan. daim aad demand whatsoever. as
well in law u in equiry. of the said mortgagor in and to the sart~ and every part tbueof. with tt~e apQurtensnces of the said mortsador in
and to the same, and cvery pairt and parcel theroof unto the said mtxt~,ajee in fee simpk.
And the mortgagor hereby convenants with the mortga~ee that he is indefea~ibty seized d said iand in foe simple; that he has fu!!
po~rer an~l lawful rigbt w coavey the same ue fee simpie as aforaaid: tbat it sball be la~vful for tbe mo~tptoe, at all tima pa~ceaWy aod
quietly to enter upon, hoW. occupy. and eqjoy said land, and every put thereof: that the land is and will remain froe from.all
encumbranca: that said mortQa~or will make wch further aswrances to prove the fee simpie tide to said land in said mortga~ee as may be
reasonably requirod, artd that said m~rtga~or does hereby fully wurant the tide to said land, and every put thereof, and will defend the
same against tho lawful claims of all persons whansoever.
I PROV IDED ALWAYS, and these pratnts arc executed and delivued upon the following condiqotu, w wit:
T~ ~t~~ saas ~o PaY a~~, tbe Pri~+P~ ~ d SSVEt~fl'ESN THOUSAND FIVS HUNDiiED AND NO/lOQ
Dollars (f 17, 500.00 as evidencod by s note of evrn due he~ew~ith. with interest from date at Hu
rate of seven pa centum ( 7~ 96 ) pa annum oa the uq~aid balaace
until paid. The said principal and inttxat sltaU be paysble at the d~ce d J. T. STffi~1AR1' M~',g (~p~y~ I~.
Stiiite 300 - 100 Miracle Mile, Coral Gables, Florida
or at wch other place as the hdder d the note may daisaate in writinj, in moot6ly iouallmeots of Otl@ F3t3ricl~ed Sixteeri
ana 5s/ioo---------------------------- -n~~u, i16. ss
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the first day of SeptentbHZ , 19 72, and on the Brst day d each month thereatfiet until tbe principal
and interest are fully paid. cxcept t6at the final paymeat of principal aad interest. if not sooner paid. ~hstl be due aod payabk on tbe 6nt
daY ot August. 2002 ;
And sbatl duty. Promptty. aad fultY Paform. discharEe. a~ecute. eRect. complete. sad comQly +vith and abide by ach and erary
the stipulatian? asreements, conditiont. and carewaa d said promis~ory nae and d ~his murysse. ebea W is morcp~e aad ihe es~aee
; Aereby cratod shall cesse and be nuU aad roid.
And the mort~a~or further covenants as fdlows: .
1. Ths1 he will pay the indeMedness, as hereinbefon provided. Privile~e is nsaved w pay the dtbt ip whak~ or in an amouat equsl
a one or more mon~hir wrmen~s on ~t~e R~nc~ ~hs~ are n«~ aue on ~he naa on che ~rx aar d anr momh prior eo muuritr: pror~des,
however, that written naice of an intrntion W exa+cise wcfi privile~e is 6ivrn u least thirtr 130) days priar w prepsyment; and, providod
further, tbat in the event the debt is paid in full prior to maturitr snd st th~t time it is inwrod under the provi~ions d tbe Nat~onal
Housin~ Ac~ he will par to the rtwrt~a~ee wn sdjuseed pranium char~e of one pa ce~um 119E 1 dtbe or" "eal
ex thst in no event shall the sd'usted rcmium exc~ed the K~ Principd amount thaed.
up 1 p +~re~te amount ot premium chusa w~bicb would have been paysbk if the
mort~a~c hd continued to be inwred unsil m~turit~; wch p~rment w be applied bf~ t6e martP/a ~4w its obliptioo to tbe Secretary d
Nousin~ snd Urban Develo~ment on aocouat d n~at~a~e in~ance.
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