HomeMy WebLinkAbout0400 ~ . , ~ ; ~ / ST-17,830
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~ti~~ ~ SWD f 158283
sTATE OF fLORlDA O
FiiA Fi3ifM NO 2i i0 ~ wh~ fam is used in com~ction
Revised May 1971 one- to
rio~u~r-amily~p
~isionst of
the National Housing lict.
MORTGAGE
THIS MORTGAGE, dattd the iat day of April , A. D. 19 72 . by and
betw«n WASH TATB, a sit?gle u~su ,
hercinaRer called tAe mort~or. and
STOCUTON, WHAT~.EY, DiIVIN 6~ O~ANY
. a corporstion orpniud am1 ca[istiaa uader the laws oi
State of Floridt . naeiuatter callea the mort:sg«.
Wll'NESSBI'H, that for dirers ~ood and valuable consideratans. and also in cor~sideratan of the aggregate sum named in the
pmmissory note hereiaafler dacribod. tl~e said mort~a~or does bereby ~rant, bugain. sell. alien. remise. relise. conver, and oonfirm unto
the said mo~rt~u=ee all that certain pieue. parcel. ot trsct of land d which the said a~ort~or is now seiud and possessed and in actual
poss~stion. situste ia the county of
St. LuC16 and State of Florida. dacribed it fdlows:
Lot 192, Sheratea Plaaa, Uait 1Uacee, ~eplat
according to the Plat t6ereof as recorded
in Ylat Book 16, page 12 of the Public
Becorda of St. Lucie Couaty, Florida.
'Toga~her i?iCh th~ fa22e~.-ia~ 3t~a of grog~rl~j? ~hi.cb ~re located in and permaneatly
installed aa 8 part of the iapravenents an aaid land:
~A1~GB: OOI.~IIS, MODffi. 34G, S~IAL NU~ 42000
BAZiGB HOOD: MIAKI Cl1BSY, I~ffi. 3730
SP~1CE ~11T~: F~SAIQB, MO~BI. 465F
The express enuoeratian af the for~going itevs shall not be demed to limit or
restrict the applicsbf2ity of aay other language describing ia geaeral tes~u other
propertq intended to be cwered hereby. ~ ~
. qIE ON d,ASS ~C urTAN6N~,f pER9pN~ ~pp~ni
~IIRSiIANi 10 CBAPTER 71•1~I.11CR OF ll7L
~ m~
State Documeatary Staaps affixed to the original note aad caac~'~y
To~ether with all structures and improvements now and ha~eafter on said land. and fixturea attached thereco. and all rents, issues.
pmce~ds, and profiu sccruing and to accrue from said premeses, a!! of which ue included within the foregoiag description and the
habendum tdercof; also all gas, steam, electric. water. and ahcr heating. cooking, refrigerating, lighting. plumbing, ventilating, irrigating.
and powa systems, machines, appliances, fuuura, and appurtenances, which now are or may hereatier pertain to, o~ be used with, in, or
on said prcmises, even though they be detached or detachable.
TO HAV~ ~?ND TO HOLD the same. togethe~ with all and singular the tenements, hereditaments and appurtenances thereunto
belonging or in anywise appertaining, and the rerersion aod reversans. ~emainder or remainden, rents, issues, and profits thereof, and
also alt the atate, ri~ht, title, inte~est, homestead, dower and right of dower, separste estate. passession, claim and demand whatsoever, as
well in law u in aquity, of the said mortgagor in and to tht same, and every part thereof. with tht appuRenances of t6e said mortgatgor in
and to the same, and every part and parcel thereoi unto the said mortgagee in tec simple.
~ And the martgagor hereby convenanu wilh the mortgagee that he is indefeasiWy uized of said land in fee simplr, that he hu full
~ power ud lawful right to convey the same in fee simple as aforesaid; that it stwll be Iawful for the mort~ee, at all times peaceably and
~ quietly to ente~ upon, hold, occupy. and eqjoy said land, and every part thereof: that the land is and will remain free from all
j encumbrances; that said mortgagor wiH rr~ake such furthu assurances to prove tht tce simple tiUe to said land in said mongagee as may be
~ reasonably required, and that said mortgagor does hereby fully warrant the titlo to said land, and every part thertof, and will defcnd tht
same against the lawful claims ~ all persons whomsoever.
i PROVIDED ALWAYS, and these presents ue eatecutod and delivued upon the foibwingconditions, to wit:
i 'rt~e mortpsor a~r«s to pay the mort~ee, or order. che principal sum of $BV~ITBBN TIi~USAND FIVS HIJNDBBD bc FIl}TY
E Dolfars (S
17,550.0~ as evidenced by a oote of even date hercwith, with intaest trom date at the
` rate of agy~ pa cenwm ( 7 96) per anoum on the uopaid balance
~ until paid. The said principal and interpt shall be payable at the offtce of .4'r0(',~'0'I~ ~ ~185'1'Z.~C ~ I~AVIII 6~ GbMp~Y ~
~ 100 Heat Bay Street, Jacksonville, Floeida
j or at such other place as tha holder of the note may designate in writin~, in monWy installments o[ ~Il$ ~$~1
f l1ND 88/100 ~la~s ts 116.88 ~ comme~cing on
I the first day of Jy~e ~ 19 72 , and on the 6rst day d each month thereafta until the principal
~ and interest are [ully paid, except that the final payment of principal and interest. if not soonu paed, shal! be due and p~yable on the first
~ day of ~jgy s ~2 '
~ And shall duly. promptly, and fully perform, dixharae, a~ecute, effeci, complete, and oomply witA and abide by each and every
~ the stipulations, afreements. conditioas, and coveaants of said promissory note and d this mort~e~ then this rtwrtsage and the estate
haeby creatod shall cease and be aull and vad.
And the mortgagor further c~enants as folbrvs:
I. That he wili pay the indebtodness, as hereinbefore provided. Pirivilese is resaved to pay the debt in whok, a in an amount equal
to one or more monthly paymenu on the principal that are nexl due on the nole, on Ihe first day of any month prior to maiurity: Providid,
however, that written notice ot an intrntion to exercist wch privilege is ~iven at least thirty (30) days prior to prepayment; and, provided
further, that in ~he event the debt is paid in full prior to maturity and at that time it is iawred under the provisions of the National
Housin~ Act, ht will pay to the mort~ee an sdjusted prcmium char=e otone pa centum (i'b) of the oriainal principa! amount thereof.
except that in ~o event shall the adjusted premium exceed the aysreaate amount of premium charses wfiich would have been payable if the
mort;a~e had continuod to be insured until maturity; wch payment to be applied bq the mo~asee upon its abliption to the Secrctary of
Housins and Urban Development on aocount of mort~e insurance.
Walter B. Davis
~ ~ ~ Ti1~a ~NiTitUM[NT PREPARED /Y:
8O1~K ~rVf~r PA~E ~ ABSTRACT ~ TITLE CORP. OF Ft,.A.
~Oi lliD !T. fORT Mi~1GL. ILARI0J1