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HomeMy WebLinkAbout2961 • 17 , 46I ~l~ ~ ~ - . . S:^.~ ti'~ 953302 STATE Oi flOR10A This fa~n is us~d in conNCtion FMA f0il1A NO 2110 w wiM mory,~~a i~~d und~ tM Rwis~d AAbr 1971 ~ on~ to four~family provisio~u of . ~p ~ ~r~~~ tM National Nauii~ Act. ~ Q ~ 1y11~ ~ ~ ~ ~ µ MURTGAGE a~ ~'d°" ~0~' ~ THIS MORTGAGE. daiod ~he lst d~r ~ Murch . w. D. 19 72 , by and ~w«a QUEIId fiS'TER COOD~, an unmerried woraaa . hereinafter Callod tAt morlpsor, and STOCKI~O`, IdNATLh'Y, UAVIN ~ COZQ'APiY cacpor~tion orpnizod and existint under the laws d State of Florida . hereinaR~ cai~ed the morcpsee. V1i IT:~£SSETH. that for diven foad and valwble coasideratans. ud also in coraiderstion of tlu ag~re~ate sum named in the Proinusaory note ha~eiaatta dacribed. t6e s~id mort~a~or does hereby ~ran~ bar~in, sell, aliea remise. refase. coavey. aad ooafirm uato the said mortpsee all that uruin piece, psrcel, or tract of land of which the uid mori~or is now seiud and posseued and in actual possession. situue i~ the county of St . Lueie and State af Florida. described as fdlows: i.ot 226, Sheraton xYaza, i:nit Three, Replat, according to the Plat thereof as recorded in Plat Book 16, page 12 of the Pub2ic Records of St. Lucie County, Florida. Together ~~ith the following ite~s of property which are located in and permane:~tly installed as a part o£ the impzovements on said land: RANGE: COLOr'~IIS, 2~bDDEL 34G, SffitIAL 2~'IJMBER 43860 RANGE HOOD: *IIA."SI CARBX, ~~ODEL 3730 SPACE HENTER: FORSAIRE, MODEL 465F ~ ~ The express enucaeration of the foregoing items shail not be deemed to Iimft or restrict the applicability of a~y other language describing in general terms other property intended to be covered hereby. State Documentary StarJps affixed to the original note and cancelled. To~ether with all strucwres and improvements now and hereafter on said Iand. and fixtures attachod thereto. and all rentt, iswcs, proceods, and profits accruing and to accrue trom saed premises, all of which are included within the foregoing ducription and the habendum thereof; also all gas, steam, electric. watsr, and other heating, cooking, refrigerating. li~htin~, plumbing, ventilating, ir~igating, and power systems, machines, appliances, fixtures, and appurtenances, which now ue or may hereafter pertain to. or be used with, in, or on said premises, even though they be detacha! a detachable. TO HAVE AND TO HOLD the seme, together with all and singular the tenements, hueditamatnts and appurtenances thereunto belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and profiu thereof, and atso ~II lhe estatt, righ~ titlc, interest, homesiead, dowu and right of dowtr, separate estate, possession, claim and demand whatsoever, as well in law as in oquity. of the said morigagor in and to the same. and overy part theroof, with the appunenances of the said mortgagor in ancl to the same, and every pan and pucel the~eoi' unto the said morigagce in fee simple. And the martgagor hereby convenants with the mortgagee that he is indefeasibly seized d said laod in fce simple; that he has full power and Iswfu! rig6t to convcy the same in fee simple as aforesaid; t6at it shall be Iawful for the mort~agee, at all times peaceably and quietly to enter upon. hoW, occupy, and enjoy said {and, and every part thereof: that the land is and wil! rrmain free from al! encumbrances; that said mongagor wiU make such further assurances to prove the fee simple title to said land in said mortgagce as may be reasonably requirod, and that said mortgagor does htreby fully warrant the title to said land, and every part thereof, and will defend the same against the lawfu) claims of al) persons whomsoever. ' PROVIDED ALWAYS, and these praents ue executod and deliverod upon tht ioiww;ng conditions, to wit: The mortgasor asrus to pay e1u mortgagu, or order, the principa! sum of SEVF.t~'TEE.`i Tf'.OUSA'`ID . EIGHT HUNDRID &.:0 / 100 Doltars (S Z7 . 00 as evidenced by a note of even date hercwith, with interest from date at the rate of seven per ceneam t 'J 96) pa annum on the unpaid balaace until paid. The said principal and interest shall be payable at the office of STOCKTOPI ~ WHATL'EY ~ DAVIN b~ COMP~INY , 100 West Baq Street, Jacksonville, Florida . or at such other plact as tbe holder ot the note may desi~nate in writin~. in monthly installments of pjr~ j~jJj~*p$Ep EIGRPEEN A2iI? 55~100 Dollars(S 118.55 ~commencingon the fint day of +,~y, . 19 72, and on the first day d esch month tberesifta~ until the principal and inter~st are tully paid. except that the final payment of principal and interest. if not sooner ptid, shall be due and payable on the first day of April, 2a~2 • And shall duly, promptly, and fully perform. dischar`e, execute, effect, oomplae. and oomply virith aad abide by each and every tht stipulatio~n, agameats, conditions, and covenants d said promissory nae and d this mort`ase, then this mort`age and the estate hueby crwted shall cease at~d be null sad vad. And the mortpgor furiher cmenants ss folbws: I. That he will pay the indebtednus, as hueinbefore provided. Privile~e is resaved to psy the debt in whole. or in an amount equal to one or more monihty payments on the principal that are next due on the note, on the fint day of any month prar to maturity: I'rovided, however, thst writtee notice of an intention to exercise such privilege is given at les~t thirty (30) days prior to prepayment; and, provided furthe~, that in the e~ ent the deM is paid in full prar to uwturity and at that time it is imurod under the provisiau of the National Housing Act, he will pay to the mort~asee an adjusted premium charae d one per centum 1196 ) of the ori~inal principal amount thereof. except that in no event shall the adjusted premium exceod the aggregate amount of prcmium char`es which would have been paysble if the mort~e hsd continued to be inwred until maturity; wch payment to be applied by the mortss~,ee upon its obli~aRion w the Secreury of Housin~ and Urban Derebpment on aocount o! mat~age insurance. 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