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STA O ~•~I-s.,~ 3G• ~v FIIA Ca~ ~+T~. 084t-0'69~23tf
TE F FLORIDA
This form is used in connection
FHA fORM NO Z110 m with nwrt~8ges inswed under th0
' Revised Mar 197~ one- to fou~-family provisions of
the National Housing Ikt.
MORTG.~GE
THIS MORTGAGE, dated the 19~L day d' ~(Sy . A. D. 19 T2 . by and
between ~,gg N~1'ON aDd B~OCA 1?i• Nis"~1'ON~ hia wite~ •
hcrcinafter called the mortga~or, and ,
ATICO ldfOATGAGE CO~tPO~tATION
. a corporation onanizod and existity~ under the laws of S'f,8t,@ or ~ oriaa
. hereinaRer called the mortgagee.
WITNESSETH, that tor divcn ~ood and valuable considerations, and also ia coraideration of the aggregate sum named in the
promissory note bereinafter described, the said mottp~or does hereby ~ran~ bar~ain. sell, die0. remis~. rclax, coavey. and wn5rm unto
the said mort6agec all thst certain piea. parcel, or tract of land of which the said mortgasor is now seiud and poasessed and in actual
possession. situate in the county of $'t• l+1iC~@
aod State of Florida. describod as fdbws:
Lot 16, BZock "H", LARAVILL~ $9TATE3, a 9nbdiviaion nccording to the plat
thereot recorded in Plat Book 8, page 77, Rtblic Bacorda o! St. Lucie
Caunty, Florida. ~
As additional security !or the payment o~ the indebtedneas sec~nred by this
mortgage, tbe follo~ring no~real eatate itema are includedt
Yleatin~hanee ~iaage - HF1301~12
3f nger ~aerf can Bl e ctri c Ihrnace - BCE22008CF
~ • ~ ~ u~ ?Nr~tt~t oF Ut~
~UE 01! MAt~'C 11fiM18111E ~ERSOIMI rIIOPE~1'f. Tbi: iutnae~t j~
~wa m~~•~ a~.n,~ H. D. B00]'H ~`'4""i
Ct~ iARI1T A.1MpE C0~ Mr ~ EB:TRACT AND TITLE CpRP. OF FLO
P. 0. BGX 2737 , VERO eEACH, Fl,OR1DA
iacideat t~ : tide in~ra~ee trawctia,
3~7~ 16 ~ State documentary atamps afiized to the original note and cancelled.
Together with all structures and improvements now and hereaftcr on said (and, and fixtura attachod thcrcto, and all reats, issues,
proceeds, asid profits accruing and to accrue from said premiscs, all uf which are includcd within the foregoing dest~iption and the
habendum thereof: also all gas, steam, electric, water, and Wher heating, cawking, refrigcrating, lighting, plumbing, ventilating, irrigating,
and pow~er systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used w•ith, in, or
un said premises, even though lhey be Aetached a detachable.
TO HAVE AND TO HOLD the same. together with all and singular tht tenements, hereditaments and appurtenances thereunto
belunging or in anyw~ise appertaining, and the reversion aad reversions, remainder or remainders, rcnts, issues, and profits thereof, and
also all thr estate, right, title, interest, homeslead, Jo~;rr ancl right of dower, separate estate, possession, claim and demand whatsoever, as
vvell in law as in cquity, of tha said mortgagor in a~x1 to thc same, and every part thereof, with the appurtenances of the said mortgagor in
arxi to the same, a~x1 every part and parcel thereof unto the said mortgagee in tee simple.
AnJ the mortgagor hereby wnvenants x~ith the mortgagee that he is indefeasibly xized of said land in fee simple; that he has full
power and lawful right to convey the same in fce simple as afor~said: that it shall be Iawful for the mortgagee~ at all times peaceably and
quietly to enter upon, hold, occupy, anci enjoy said land, ancl every part thereof; that the land is and wil) remain free from all
encumbronces: thai said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be
reawn:~bly requireJ, and that said mortgagor does hereby tully warrant the tide to said laixl, and every part thereof. and will defencl the
samc against the lawful c~aims of all persons whomsaever:
PROVIC~ED ALWAYS, and these presents are exe~cuted and delivered upon the following conditions, to ~vit:
The mort~agor a~ees to pay the mort~oe, or order. the princi~ sum of EIG~LEN T'dOUSAND 0~ HIJI~'DRZ~D at~d 00~100
Dollarz (S j$~jQQ,QQ as evidencai by a note of even date herewith. with intaest from date at the
rate of $~,'~,j~j per centum per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the office of ATICO ~~GAGE CURPORATION~ p• BOZ 3I31,
~tiami, Florida 33101
or at such other place as the holder of the note may daignate in writing, in monthly installments of QjQ$ ~~fj'Y gpd
55 100 ~ ~ ¦ ~ ~ Dollars (S 120. b6 1~ commencing on
the rst day of J~y , 19 12, and an the first day of each month thereafter unt~l the principal
and interest are tuily paid. except that the final Qayment of principal and interest, if not sooner paid, shal) be due and payable on the first
day of J~e ~ 2002 ~
And shal! duly, promptly, and fully perform. discharge, eacocute, efToct. complete, and comply with and abide by euh and every
the stipulatiotn. ageements, conditions, and covenants d said promissory note and of this mortgage, then this mongage and the estate
hereby created ahall cease and be nulf and vad.
And the mongagor funher covenants as folbws:
I. That he will pay the indebtodness, as hereinbefore providod. Privilege is reservod tu pay the debt in wholt, or in an amount eyual
tu one or more monthly paymcnts on the principal lhat are next due on the note, on the fust day of any r~wnih prar to malurity: !'ro?•id~d,
lwwtver, that written naice of an intention to exercise such privilege is givcn at Icast thirty 1301 days prior to prepayment: and, provided
further, that in the event the debt is paid ia full prior to maturity and at tbat time it is i~au[ed under the prrnisions of the N~tional
Housing Act, he will pay to the mongagee an adjusted premium chuge of one per eentum 11 oi the ai~inal principal amount thereot.
eacept that in no event shell the adjusted premium exceod the ag,gregate amount of premium charges which would have been payable if the
mortgagt had continuecl to be insurul until maturity; wch payment to be appiied by the mortgagee upw~ its obligation to the Secretary of
Housing and Urban pevclopment on account of mortgage insurance.
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