HomeMy WebLinkAbout0395 ; . . . ~ , ST-17 ,G60
~ ' ~ ' ~ ~ ~ SW~ ~ 958277
3TATE Oi fLOR10A ` ~ Q~Q~
€!!A faRM i+~Q;tlB sst ~ th fo?m is used io connection
Revised Ms~? 1971 ~~es insured under the
one- to four-fsmily provisions of
the Natio~sl Hausing Act.
MORTGAGE
THIS MORTGAGE. dated the lst day of March . A. D. 19 72 . by and
b«wa~ DAVID NICI~iE~ and VI~tTIfi HICI~SAI~, His Wife ,
hereinaRa called the mort~o~, aod
sTOCtcro:~, wxa~.8~, ~vnv ~ cor~n?ti~t
. a corporatioa orpnizod and existinj under the laws oi
State of Floridtt . here~naftsr cal~ea cAe mory~a~ee,
W17'WESSETH, tfut for divers Roai aad valuablt consideratans, and also in consideration of the aggrcgate sum named in the
Promis~ry aote hereioafla' described. the ~id mortp~or doe.s herebr Qan~ bupia, sell. dien. rcmise. relase, coavey. and oontirm uato
the said nwrtp~ee all that tertain pieoe. parcel. or tract of land d which the said nwrtpsor is now xized snd poasessed and in actual
paasessioa. situate in the county of
St . Lucie aad Stace of Florida. described as idlovra:
I.oC 164, Sheraton Plaza, tTnit Three, Replat
according to the Plat thereof as recorded in
Plat Book 26, page 12 ~f the Public Records
of St. Lucie County, Florida.
To~etiter caith the following items of property uhich are located in and permanently
insta~led as a part of Che improvecaents on said land:
RA::GE: COLL'::~L'S, 2~ADEL 34G, SERIAL '.~~T.~3FR 4I9J3
F.A.~GE HOOB -:~iIAI~!I CAREY, t•tOJEI. 373Q
SPA.^.E '?EA'"~t : F03SAT~E, r~DEL 4bSF
ii~e express enu~eration of tye foregoin~ items shall not be deemed to limit or
restrict ttie applicability af any other lan~uage describit~g in general terms other
propcrt} i~;tended to be coverel ~~creby.
~s' 9 U MI NI~Y~ Of ~
DI~ ON pIIBS'C M1iAll~li ~EA90NAl l~Q1y.
?0 d1ARElt 7i-1~ N~'i OF 3l1L
Ct~II q~t CDlltr. 3T. lAICE OQ, RJ1.
Statc Docui;en~ary Sta.nps u~f:..:cu tc t::c ori~i::al ^cte az:d c~ncclled. ~
To~ether with all structures and imptovemenu now and haeafter on said land, and fixtu~es attxhod thereto. and a11 rents. is,sues,
Proceeds. and profits accruing anct to accrue from said premises, all of which ue inaiudai within tht foregoing deseription and the
habendum thaeof; also all gas, steam, elcctric, water, and olher hsating, cooking, refrigerating, lighting, plumbing, ventilat~ng, irrigating,
and powtr systems, machines, appliances. 6xtures, and appurtenances, which now are or may hertafter periain to. or be used with, in, or
on said promises, evrn though thcy be detachod or detxhable.
TO HAVE AND TO HOLD the same, together with all and singular the tenemenis, hereditaments and appunenances thaeunto
belonging or in anywise appertaining, and the rcversion a~d rcvusions, remainder or remainders, rcnts. issues, and profits thereof, and
also all !he estate. rigA~ title. interest, homestead, dower and right of dowcr. separate estate, possession, claim and demand whatsoever, as
well in law as in oquity. of the said mortgagor in and to the same, and every part lhereof~ with the appurtenances of the said mortga~or in
and to the same, and every part and parcel thereof unto the saiJ mortgagee in fee simQle.
And the mortgagor hereby convenants with the mcxtgagee that he is indefeuibly xized of said land in fee simple: lhat he has full
, power and lawfu) risht to convey the same in fee simple as aforesaid: that it shall be lawful for the mort~agee, at all times p~aceabty and
quieUy to enta upon, hotd, occupy, and enjoy said land, and eruy part ihereof: that the larnl is and will remain tree from all
encumbrances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee u may be
reasonably roquirod. and that said mortgagor does hereby fully warrant the title to said land, and cveryr part thereof, and will defend the
same against the lawfut claims of alt persons whomsoevcr_
i
~ PROVIDED ALWAYS, and thae preseots ue eaecutod and deliverod upon the folbwing conditions, to wit:
~
.F.,. ~ ~ ,,.T.~.
The moryasor agus to psy the mon~oe. or order, the principal sum af SE'~ .T:. .C~,~ Sti :'I' w:' Z:
Dollars 17 ~ 950 . OG as evidenced by a aote of even date herewith, with intaest from date at the
rate of sc~*~,? per centum ( 7 9b) per annum on the unpaid balance
, until paid. The said principal and interext shall be payable at the office of Stock~0l1 ~::hatley , Davin & Coa~pan3~ ,
;0~ '•'est ~aS Strcet, J4CAJonrillc, Florida
or at wch other place as the holder of the note may designate in writin~, in monWy installmenu of j;j,"'~g~ ~.;j.tirE~~.~
~s::7 55~1J~J no~~ars~s 219.55 ~ s
mmencin on
the first day of •_a}. . 197` , and on ~he brst dsy of each month thereafter until the principal
ar~d interest ue Fully paid, ezcep~ that the final payment of principal and interest, if not sooner paid. shall be due and payable on ttx first
~ dayot ~pril~ ~00~ •
; And shall duly, promptly, and fully pertorm, dixharse, execute, effect. oomplete. and comply with and abide by each and ertry
the stipulatioia, a~reema~ts, coaditions, and cmenants d said promissory nae and d this mortgage, then this mortjage and the utate
i hereby cratod shall cease and be null and vad.
E And the mortas?~or further covenapts as follows:
1. That he will psy ihe indebtedness, as hereinbefore provided. Privileae is raavecl to pay the debt in whde, or in an xmount oqual
~ to ono or morc monthty Qaymcnts on the principal that are next due on tbe nde, on lh~ first day of any month prar to msturity: I'rovided,
~ however, that written notice of an intontion to eaercise such privilege is given at least thirty 130) days prior to prepayment; and, provided
~ further, that in Ihe event the debt is paid in futl prior to maturity and at that tims it is inwred under the provisions of the Nstional
~ fiousin` Act. he wil) pay to the mortgaare an adjusted premium charge d one per centum (196 ) of the ori inal
except that in ao eveai shall the adjusted premium exceed the aagre ate amount of B a~~~P~ amount thereof.
g premium charges which would have been payable if the
moR~e had continued to be i~wued until maturity; wch payment to be applied b~r the mortjssee upon its obli~ation to the Secrctary of
Housin~ and Urban Devebpment or~ aocount ot matsage iiuwance.
6001( ~rV~ PAGE 3t7~ TM~ ~~uMCr^' ~RVwRCC sY: Vslter B. Davis
' ABSTRACT E~ TITLE GORP. OF FLA.
~ 1 90S 2ND f'f. FOItT TI~RC[. /LORIW?
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