HomeMy WebLinkAbout0868 ST-`11,~~~+7
S~ID ~ 957289 ~ ~ `
STATE Of FLORIDA ~
This form is used in connettion
FHA FORM NO 2110 m • with mort~ages inswed ur~der the
Revised May Z971 or.a tp fou~-family provisio~s ot
the National Housi~g Act.
MORTGAGE
THIS MORTGAGE, da~od the lst day of March . A. D. 19 '2 , by aod
betwe~n GEORGE AR`~SSTROIZG and MATTIE ARtLSTRO:iG, His 1,Tife ,
hereinafter callai the mortgagor, and
STOCRTON, WHATLEY, DAVIN & COMPANY
, a corporation or~a~izod and existing under the Iaws of
State of Florida . nerei~sttercal~oa the mongag«,
WtTNESSETH, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the
procaissory rwte hereinalter describod. the said moctgagor doa he~eby grant, bargaia. sell. alien, remise. relax. convey. and confi~m unto
the said mortgagee all that certain piece. parcel, pr tract of land of which the said mongagor is now seized and possessed and in acwal
possestion. situate in the county of
St . Lucie and State of Florida, described as follows:
Zot 142, Sheraton Plaza, llnit Three, Replat,
according to the Plat thereof as recorded in
Plat Book 16, page 12 a£ the Public Records
of St. Lucie County, Florida.
Together with the following ite~ns of property which are located in and permanently
installed as a part of the improvements on said land:
RAI~GE: COLtJMBLS, MODEL -34G, SERIAL h'U~iBER 38782
RANGB t100D: MIANI CARBY, MODEL 3730
SPACE HEATffit: FORSAIRE, MODEL 465F _
The express enameration of the foregoing items ~all not be deemed to Iimit or
restrict the applicability o€ any other language describing in general terms
other property intended to be co~ced hereby.
~ _ ~ ~M pAYMEMT OF TA~
ou~ ar aass ~ ~KUnc~a~ ~~su~u nn~n, .
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s oF ~i~:
State DocUmentary Stamps affixed to the original note and~~~c~Iled~`'~
Together with all siructures and improvements now and hereafter on said land, and 6xtures attachaf thereto, and att rents, issues.
proceeds, and profits accruing and to accrue fi~om said premises, all of whech are includni within the foregoing description a~d the
habendum thereof: also all gac, sttam, etectric. water, and other h~ating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating.
and power systems, m~chines, app{iances, fiatures, and appurtenances. which now are or may hereafter pertain to, or be used with, in, or
on said premises, even though they be detached tx detachable.
TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto
belonging or in anywise appertaining, and the reversion and reversions, remainJer or ~emainders, rents, issues, and profits thereof, and
also all the estate. right, title, interest, hamesteaci. dower and right of dower, separate estate, possession, claim arni demand whatsoever. as
well in law as in equity, of the said mortgagor in and to the same, and every paA thereof, with the appurtena~es of the said morigagor in
and to the same, a~1 every part arxi parcel thereof unto the said mortgagee in fee simple.
And the morigagor herehy convenants with the mortgaget that he is indefeasibly seized of said land in fee simplt; that he has full
powcr and lawful right to convey the same in fte simple as aforaaid; that it shall be lawful for thc mortgagee. at all times peacrably and
quieUy to enter upon, hold, cecupy, and enjoy said land, and every part thereof; that tf~e (anJ is and will remain frce from all
encumbrances: that said mortgagor w~ill make such further assurances 1o prove the fee simple title to said land in said mortgagee as may bc
reaxmably requircYi, and that said mortgagur does hereby fully warrant the tiUe to said land, and every• part thercof, and will defend the
same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, and thZse presents are executed anJ delivered upon the followingcunditions, to wit:
The mortgagor agrces to pay the mort~ee, or order, the principal sum of EIGHfEIIl THOLTSA.YD A.~ID I`;0/lOQ
Dottars (S Z$ ~0~4. QQ as evidenced by a note of even date herewith, with inte~est from date at the
rate of seven per centum 1 ~ ~!6) pa annum on the unpaid balance
until paid_ Tht said principal and interest shall be payable at the office of StOC1Ct0~1 ~ Wt?atley, Davin & COmPariy ,
100 West Bay Stnaet, Jacksonville, Florida
or al such other place as the holdor of the note may designate in writing, in monthly installments of ONE HUNDRED NINETEEN
AND 38/100 Dollars(S 119.88 ),commcncingon
the first day of j~Jgy , 19 7~, and on the first day of each month thereafter until the principal
and interest are fully paid. except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the firsl
day of Apri I~ 2002 •
And shall duly, Qromptly, and fully perform, discharge, execute. efiect, complete, and comply with and abide by each and every
the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate
hereby created ahall cease xnd be null and void
And the mr~rtg:igor further corenants as folbws:
1. "That he will pay the indebteciness, as hereinbefore provided. Privile~e is reserved to pay the debt in wholc, or in an amount cqual
to one or more monthly payments on the principa! that are next due on the note, on the first day of any month prar to maturity: /4ovided,
however, that written nvtice of an intention to eaercise wch privilege is given at leau thirty 130) 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 insured under the provisior?s of 1he National
Housing Act. he will pay tu the mortgagee an adjusted premium charge otone per centum (1 ~Xr ) of the original princiQal amount thereof.
eace~st that in no event shall the adjusted premium uceed tbe a~gregate amount of premium charga which would have been payable if the
mort~age had continucd to be insured until maturity; such payment to be applied by the mortgagee upoo its obligation to the Socrctary of
Housing and Urban Devebpment on aceount ot mongage insu~ance.
. p R~O~ b~~ Walter B. Davis
BOGK PACc O T~+~s INSTRUMENT rREPAREO sr:
i ABSTRACT t~ TITLE CORP. OF FI.A.
lOS f. !ND fT. FORT Pit11iC~. /LORlDA
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