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~ ST-17,788 SWD # 958288
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STATE OF F~ORIOA O ~f1~~ y~~.
~ ~1 This form is used in connection
FHA fORM NO 2110 ~ with nwrtQages insured under the
Revised May 197~ ~ ~~1'~~ one- to fou~•family provisions of
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s~~ ~ the National Housing Act.
r~R'~'~``` ~ ~ MORTGAGE
o~s°A 229320
TNIS MORTGAGE. dated the ~it day ot April , A. D. 197Y , by and
becween Li.THE~ H. SlIITH~ s da7cried ~a4 ,
hereinafter calkd the mortgagor, and
S'1'OiC1QVN ~ iil~fil.BY ~ Ll?iilli ~ ~'i'e~ianY
. a corporation orga~izod and cxisting under the Iaws of
SLdte of Florida . herc~natter called the mortgagee.
WITNESSETH. that for dive~s good and valuable considerations, and also in consideration of the agarcgate sum namod in the
promissury ~wte hereiaafler described. the said mortga~or does hereby Qsat. buBain. sell. alien. remise. relase, convey. and confirm unto
the said mortgagee all that cenain piece, parcel, or tract of land of which the said mortgagor is now seized and poasessed and in actuai
possasion, sitwte i~ the cou~ty of
St. I.t1Cie and State of Florida. de.~cribed as follows:
Lot 197, Sheraton Plasa, Unit Three, Beplat
according to the Plat thereof as secorded in
Ptat Book 16, page 12 of the Public ~eca?rda
o! St. Lucie Couaty, llorida.
Together `rith the folloviag ittoa of property vhich are located in aad permanently
in~talled as a part of the irprovmeats oa siid land:
-~1ATGB: OOL1A~08, MODffi. 34G, S~L1L NDl~EQ 43852
It~IGB 800D: MI11MI C~BY, MODffi. 3730
SPA~:B ~A1'~: FO~S1~E, MODffi. 465F
The eapress eau~eratiaa of the foregoing itesa shall aot be deesed to lisit or
restrict the applicability of any other language de~cribing in geaeral terms other
property intaaded to be oovered hereby.
State Doc~tary Sta~ps affized to the original note and cancelled.
Together witi~ ali strucwres and imp~ovements rtow and hereafter on said land, and fixtures attached thercto, and all rents, issues,
proceads. and profils aaruing and to xcrue from said premises, all of which are included within the foregoing descript'an and the
habendum thereof; also all gas, steam, elatric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventiiating, irrigating,
and power systems, machiaes, appliances, fiaturrs, and appurtenances, which now are or may hereafter pMain to, or be used with, in, or
on said premises, even though they be detached or 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, remainder or remainders, rents, issues, and profits thereof, and
also all the estatq right, title, interest, homestead. dower and right of dower, sepuate atate, possession. claim and demaad whatscever, as
well in law as in oquity, of the said morigagor in and to the same, and every part thereof, with the appurtenances ot tht said mortgagor in
and to the samq and every pan and parcel thereof unto the said mongagee in fee simple.
And the morigagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full
powa and lawful rigtU to convey the same in fee simplc as aforesaid; that it shall bo Iawful for the mortgaget, at all times peaceably and
quietly to enter upon, huld, cecupy. and enjoy said land, and every pan thcreof; that the land is and will remain free from all
encumbrances; that said mortgagor will make such further assura~es to prove the fce simple title to said land in said mortgagee as may be
reasonably required, and that said mortgagor does hereby fulty warrant the titte to said iand, and every part thercof, and wiN defend the
samc agaiast the lawfu! claims of all persons whomsoever.
PROYIDED ALWAYS, and thex presents ,are exceuted and delivered upon the folbwing conditions, to wit=
77~e mortgagor a~eas to pay the mortgagoe, or order. the principal sum of SIG~II'Bffii TH~USAND At~ID NO/100
~S 18 l, as evideneed by a note of even date herewith. with interest from date at the
s
rate of s~~ per centum ( ~ 96 ) per annum on the unpaid balance
until paid. The said principal and interat shall be paYs~ble at the office of ~~j~ ~T~Y~ D~V~
100 Weat Ba~Btreet, Jacksanville,.Florida ~ ~ ~
or at such other place as the ho r of the note may designate in wrrtmg, in «~onthly i~utallments of
AND 88/I00 Dollars (S 119.88 ~ commencing on
the first day of J~e , t9 72, and on the first day of each month thereafter until tho principal
and interest are fully paid, except that the 6na1 payment of principal and interat, if not sooner paid. shall be due and payable on the first
day of ~ ~ ZQQ'l .
And shall duly, promptly. and fully perform. discharge. exocute, efTect, complete. and comply with and abide by each and every
the stipulations. a~rreements, conditions, and covenants of said promissory note and of this mortgage~ then this morigage and the estate
hereby created shal! cea~e and be null and void.
And the mortgagor further covenants as follows:
I. That he will pay the indebtedness, as hereinbefore pnnvided. Privilege is reservocf to pay the debt in whde, or in an amount equal
to one or more monthly payments on the principal ihat are neat due on the note, on the first day of any month prior to maWrity: /'rovided,
however, that written notice of an intention to exercise such privilege is given at least thiPty 130) days prior to prepayment: and, provided
further, that in the event the debt is paid in full prar to maturity and at that time it is eraured urtder the provisiom of the National ~
Housing Act, ht will pay to the mortgagee an adjusted premium charge of one per ce~tum t 19fn ) d the aiginal principal amount theroof.
ezcept that in no event shall the adjusted premium exceod the aggregate amount of premium chuges which would have been payable if the
mortgage had continued to be insured untit maturity; wch payment to be applied by tbe mortgagee upoe its obligation to the Secrctary of
Housing and Urban Devebpment on account of mongage insurance. We1ttY E. DeV~8
O R~~ TNti INSTRUMtMT PREPAR[D 9Y:
BbOK PAr,E ABSTRAGT Et TITLE GORP. OF FLA.
208 S. 2ND fT_ FORT PIE1tGE. /LORIDA
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