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HomeMy WebLinkAbout0863 ST-17,!}S~ ' ~ s~ ~ . , ~ Sk'D # 95~~?6 STATE OF flOR10A FHA FORM NO 2110 m , whth f orm is used in connection Revised Ma 1971 one- to fo~u~ amil u?ider the y y provisions of the National Housing Ikt. MORTGAGE THlS MORTGAGE, datod the 1St day of March , A. D. 19 72 , by and between AINNIE Zi. ANDREWS , a widow . , hereinafter called the m~xt~agor, and STOCKTON, WHATLEY, DAVIiV ~ CO~ANY , a cotpo~ation or~aoized and existing unde~ the laws of Stste o f Florida . heroinafier called [he mortgagee. ~ WITNESSETH, that for divers good and valuable conside~ations, and also in consideration of the aggregate sum named in the promissary note hereinaftcr describai, the said mortgagor does hereby grant, bargaia. xll. alien, rcmise, relase. convey. and confirm u~to the said mongagee aU tbat certain piece, parcel. or tr~ct of land of which the said mortgagor is now seizod and possessed and in actual posxssion, situate in the counly of S t. Luci e and State of Florida, dacribed u follows: I.at 163, Sheraton Plaza, Unit Threc, Replat according to the Plat thereof as recorded in Plat Book 16, page 12 of thc Public Records o£ St. Lucie County, Florida. Together 473,C~1 the fol2owing items of property which are located ir. and permanently installed as a~rt of the im?rovewents on said Iand: RANGE:COLUPiBUS, MODEI. 34G, SERIAL :JUI`i$ER G3870 RAICGE HOOD : MIAt~1I CARSY , ~;ODF.I. 3730 SPACE HEATER: FORSAIRE, MODEL 465F The express enu:neration of the foregoing items sna11 not be deea~ed to limit or restrict the a~plicabilit} of any other Ianguage describing in general terms other proper[y intended to be covered hereby. O~E 0~? CtASS INf~~ ~ ~ ~ ~ ~ ~ ~M~JEA TI-I31. P~~ ~ ~ ~i'S Of 1!I/1. • . ~~IT ST. 1lICiF iu r c, Together with all structures and imptovements now and hereafter on said land, and 6atures attached thereto, and atl rents, issues. proceed~, and profits accruing and to accrue from said premises, atl of w;~ich are incloded within the foregoing descriplion and the habendum thereof: also all gas. steam. electric, water, and other heating. cooking, refrigerating, lighting, plumbing, ventilating, irrigating. and power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on said premises, even though they be detached or detachable_ TO HAYE AND TO HOI_D the same, together with all and singular the tenements, hereditaments and appuRenances thereunto ; belonging or in anywise appertaining, and the reversion and revtrsions, rcmainder or remainders, rcnu, issua, and profits thereof. and ~ also all the estate. right, tiUe. interest, homestead, dower and right of Jower, separate estate, possession, claim and demand whatsoever, as f wel! en law as in equity, of the said mortgagar in and to the samc, and every part thereof. with the appurtenances of the said mortgagor in ~ and'to the same, and every part and parcel thereof unto the said mortgagee in fet simple. ~ And the mortgagor hereby convenants with Me mortgagee that he is indefeasibly seizcd of said land in fec sim~le: that he has full power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee~ at all times peaCeably and ~ quiotly to enter upon, hulJ, occupy, and enjoy said IanJ, arxi evcry part thereof; that the lanil is and will remain free trom ali ~ encumbrances: that said mcxtgagor wiif make such further assurances to prove the fee simple title to said land in said mortgagee as may be reasonably requireci, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, aad will deftnd the ! same against the lawful claims of all persvns Nhumsoever. ~ PROV IDED ALWAYS. and these presents are executed and delivered upon the following cunditions, to wit: ; The moRgagor agrees to pay the mortgagee, or order, the principal sum of SEVE2:'~E~ti Tf.OL'SA:"D EIG}TT ;:L':~'DRED &;~0/100 I, Dollars lS Z~ ,$~C1. as evidenced by a note of even date herowith, with intuat from date at the ! ~ rate of SeVCT! per centum 1 i ~"x) per annum on the unpaid balance until Qaid. The said principal and inttrest shall be payable at the office of STOCKTO\ ,~n'?ATLEY, D~1VIN ~ CdMPAh'Y ~ ~ ~ 100 West 8ay Street, Jacksonville, Florida ; or at such other place as the holder of the note may designate in writing, in monthly installments of O~iE HUt:DRID EIGKTEEi~i ~ Dol~ars IS 118 . 55 a c?:ZD 55~100 ).cammeocingon t ~ the first day of r~y , ISQ2 . and on the fust day of each month thereafta until the principal ~ and int~rest an fully paid, except that the final payment of principat and interost, if not sooner paid, shaU be due and paysble on the first ~ ~ day of Apr3,1 ~ 2002 • ~ And shail duly, promptiy, and fully puform, disc6ar~e. esautq effect, complete. aad comply with and abide by each and every ~ the siipulations, ageements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate ~ haeby creatfd shall cease and be null and void. And the mortgagor further covenants as foUows: I. ~~hat ht will pay the indebtednes~, as hereinbefore providod. Privilege is reserved to pay the debt in whule, or in an amount equal to one or more mon~hly payments on the principal that are nezt due on the note, on the first day of any month prior to maturity: /tovided, however. Ihat writ[en notice of an intention to exercix such privilege is given at least thirty (30) days prior to prepayment; and, provided further, that in the event the debt is paid in full prior to maturity and at that time it is in~ured under the provisions of the National Housing Act, he will pay to the mortgagee an adjusted premium charge of one per centum (1 ot the original principal amount thereof. except that in no event shall the adjusted premium eacaed the aggregate amount of premium charga which would have been payable if the mortga~e had continued to be insured until maturity; wch payment to be applied by the mortgagee upon iu obligation to the Secretary of Housing and Vrban Development on aocaunt of morigage inwnnce. N Walter E. Devis eOOK PAVC ~ Y~~~ ~N~~UMENT PRErAREb BY: ABSTRACT ~ TITLE CORP. OF FLA. 200 a!!D aT. FORT rl[RGG /LORtDA ~ _ , , _ . _ _ _ . _ ~ _ - - . -~,r