HomeMy WebLinkAbout0410 ~ 2~290~.6 sr-i~,~9a?
` i . ' ` . ~ ~ ~ # 958289
3TATE OF I~~ORIDA ~ ~-.,e~. ~
~0 ~ V~'" ~ This forrn is used in comectior~
FHA ~ORM NO Z110 m f. ~ ~ with nw~tQa~~s inuxed under the
Revised May 1971 J~~ o~a- to four-tartaly provisions of
~ the National Housing ACt,
MORTGAGE
`r~~`
a~' ~
THlS MORTGAGE. dated the ~f~ day of ~Mi , A. O. 197j . by and
between ~I'j'e ~ijlG~'E~1 ~ • Ml't~ld MOi~n .
hercinafter called the moctpgor. u~d
S2~v~ ~ ~iA~TI.SY ~ 3~YS~ 'Sc L'~«!:Y
, a corporstion orpnized and eaciuing under the laws of
State of Florid~ . ~ "1On~.
WITNESSETH. that for divers sood aad valuable consideratans, aad aiso ia consideration of the aggre~ate sum named in the
promisaory note hereinafter dexribed. the aaid mort~a~ur does hereby ~rant. bartain~ sell. dien. remise, relase. convey, and coafirm unto
tho said mortga~ee ail that certain piece. parcel, or trsct of land af which the said mortg~Or is now seized and poasased and in actua!
pos~asioa, sitwtte ia the county oi .
St. Lucie ~d ~ate of Florida. dascribed as fdlows:
Lot 198, Sharaton Plasa, Unit Th~cee, lteplat
accordiag to the llat thareof as secorded in
Plat Sook 16, piga 22 of tha Public Reeord•
of St. Lucia Coeutty, Florida.
Togethes xith the follo~ring itss of property Mhich are locatad in and parsaneatly
iaatslled as a part of the ie~rvve~enta oa said laad:
BS~iGE: OOI.U~OS, 1~D8. 36G, 8ERLL NtA~ 42021
~l1NGB HOOiD: 1~QAt~II CA~EY, ~Dffi. 3730
SP~E ~A17at: FOS8AIgS, MO~D~. 465F
The espress ennim~eratian of the foregoing iteu ahall mot be deeaed to 13ait or
reatrict the appZicability of any othes language deacribia,g in geaeral terva
other property iatended to be covuced hereb~.
State Docuae~atary Staops affized to the original aote and cancelled.
Together with all strucwres and imp~fovements now and hereafier on said Iand. and fixtures attsched thereta, and all rents. issues,
proceeds, and profiu accruing a~ to accrue from said premises. all of wbich ue included within the fore~oint dascriptan and the
habendum theroof; aiso all gas, steam, eloctric, water, a~d other heating, cooking, refrigeraGng, liahtinE. plumbing, ventilating, irrigating,
and power systert~, machines, appliances, fixwres, and appurtenances, which now are or may hereafter pertain to. or be used with. in, or
on said premises, even though they be detachod or detxhable.
TO HAYE AND TO HOLD the same, together with all and singular the tenements. hereditaments and appurtenanca thereunto
belonging or in anywix appertaining, and the reversion and reversions, remainder or remainders, rcnts, issues. and profits thereof, and
also all the estate, right, title, interat, homestead, dower and right of dower. separate estate, poasession~ claim and demand whatsoever. as
welt in taw as in oquity, of the said morigagor in ard to thc same, and evcry pari ther~of, with the appurtenanca of the said mortgagor in
and to the same, a~d every part and pucel {hereof unw the said mortga~ee in fee simple.
And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee simpte: that he hu full
power and law[ul ri~ht w convey the same in fce simple as aforesxid: t6at it s6aU be lawful for the mortjaaee, st all times peaceably and
quietly to enter upon. hold, occupy, and eqjoy said land, and every pan thercof; that the land is and will remain free from all
eocumbrances; that said mortgagar will make wch further assurances to prove the fee simple tide to said Iand in said mortgagee u may be
' reasonably roquired, and that said irwrigagor does hereby fully warrant the title to said land, and every part the~eof, and will defend the
same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, and these presents are eaeecuted and delivered upon the fdbwing condidons, to wit:
The mort~or a~rus to pay the mort~ee, or order, the principal sum d SSVffi~Z7iffi~1 THO[1S,AND SBV@i $UNDl~ 6~ FIFT~f
Do~~ars (S 17 ~750.QQ as evidenced by a note of even date hercwith. with interest from date at the
rate of iltV!!L per centum ( 7 96 ) per annum on the unpaid b~lance
until paid. The said principal utd interest shall be payable at ihe office of ~j1~~~ ~Tj~~ j~Vlp b~,~~1Y~
100 Weat Bay Street, J~cksom?ille, Florida
or at sucb othu place ss the holder of the note may dai~nate in writing. in moothly imtallments of ~j
eightem s3id 22/100 Do11a~s (S 118.22 ~ commencins on
the first day of J~~,. , 19 7 j, and on the first day of ~each month thereafter until the principal
and interest arc fully paid, except that the 6na1 payment of principal and interest. if oot soooer paid. shall be due and payabk on the 6nt
day of ~ ~ 2002 ,
And shall duly. promptly. and fully perfarm. discharge, exetute, effeet, complete. ued eomply witA and abide by each and every
the siipulations, asreemeats. conditions. and covenanu of said promissory note and d this anort~e, thrn this mortp~ge and the euate
haeby crwted shall cease and be null and vad.
' And the mortgagor turther covenants as tollows:
~ That he will pay the indebtodnas, as hereinbefore provided. Privilege is reserved to pay the deb in whde, or in an amount equal
to one or more monthly payments on the principal that are neat due on the note, on the Rrst day of any month prior to maturity: /'rovideQ,
however, that written notice of an intention to exercix such privilege is given at least thirty 130) days prior to prcpayment; and. provided
further, that in the event the debt is paid in full prior to maturity and at that time it is insured under•the provisions d the Natiooal
Housing Act, he will pay to the mortgagee an adjusted premium charge d one per centum (196 ) d the orisinal principal amount tbereof.
' eacept that in no event shall the adjusted premium exceed the aggrcgate amount of premium char~a which would have been payable if the
I mort~e had coniinued to be insurcd until maturity; such paymeai co be applied b~r che monp~ee upon ia oblipdon to the Secretary of
'i Housini and Urban Devebpment on aocount of ma1~e inwrance.
800K PACE 4~0 ,rnis tnsrnuwarr heer~~s srf t„~~avia
'i ABSTRACT ~ T11iE CORr. OR RLA,
~00 S. =!/D iT. IOlt~ lNi11Ct. fLORiDA
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