HomeMy WebLinkAbout0701 ~31235 sr-is,o3~
. SWD # 95$Y98
STATE Of FIORIDA Q7G~ / ,
FHA FORM t~0 2110 m ~NIWI~ ~ This form is used in connection
Revised May 1971 ~~Q 71.1K ~ri o~eh to (ourg-family provi~onst of
~~~~N 0~ ~ the National Housing Act.
~
MORTGAGE
THIS RtO1tTGAGE, dateci the 1St duy of ;1g)t D. 19 72 , by and
betwern ,IAME$ $I~iITH and S11RAH LOUISB SMITH, His Wife ,
hereinafter callcJ the m~xlgagur, and
STOCIQ'ON ~ idNATL$Y~ `a,~poVa
~on
org~amz~ and existing under the laws of
$tACe of Florida . hereinafter callai the mortgagee,
WITNESSETH, that for Jivers g~xxi and valuable coa+iJrratian., arxi also in consideratiun of the rggrrgate .um n~med in the
promissory notc hereinafter describeii, the said mortgagor does hcreby grant, bugain, xl1, alien, remise, relax, convey..and confirm unto
the said martgagee all that certain piect, parcel, or trac~ of larxi of which 1he said mortgagor is now uized and pas.essed and in actual
possession, ~ituate in the cuunty uf
$t . I.ueie aod State of F~orida described as follows:
Lot 207, Stieraton Plaza, Unit Three, Replat
according to the Plat thereof as recorded in
Plat Book 16, page 12 of the Public Racords
of St. Lucie County, Florida. .
Together with ~he following items of property which are located in and permanently
installed as a part of the improvements on said land:
RANGE : COLUt,BUS , MODEL 34G , SERIAL NUl?iBffit 43843
RANGE HOOD: MIAMI CAREY, MODEL 3730
SY'ACB HBATER: FORSAIRB, r~DEL 455F
The express enumeration of the foregoing items shall not be deemed to limit or
restrict the applicability of any other language describing in general terms other
property intended to be covered hereby. ~
State Documentary Stamps affixed to the original note and cancelled.
7ogether w~ith all structurr. and improvements nuw anJ hereafler un saiJ land. arxi fixwres attached thereto, and sll rents, iuues,
proceeYls, arxi prufits accruing ~nJ tu accrue Gum ,aiJ prcmi.r., all uf which are includc~l withio the fureguing dexription and !hr
habe~Jum thereuf: alw rll g:~,. ,tram. ~lectric. M~ter. anJ uth~r heating. c.wl,ing. rrfrigerating. lighting. plumbing, ventil-rting_ irrigating.
a~xl puw•C~ s~stems, nuch~o~,, rppl~an.r~, fixture,. and ~ppurt~nance., which n~w are ur may herraflrr pertain tu. u~ t+e useJ Nith, in. ur
on ~a~J prem~~s, evrn thuugh thry tk drta.:hrJ u~ dc~:x hehtr.
7U HAVE AND fO Hl)l.b the wme. lugrthrr with all anJ .inbular the tencmrnts, hereditamrnt. and •rppurt~nances thereunto
, t~lunging ur ~n an~~witir rpp~rt:~~ning, anJ lh~ rever.iun and revrrsions, remainJrr ~x remainJers, rent,. i„ue.. and prufit~ there~~f, and
alw all the estate, r~ght, titlr. intere~t, hume+lrad. d~~wer anJ nght of ek~Ker. separate estate, pus~e~.iun. il~im arxl Jemarxi whatscevrr. a~
wtll in law as in ayuiry, ut thr ~a~d murtgag~u ~n anJ tu the wme. and every part thtreof, with the appurtrnan~e, uf the s•riJ nx?rtgagur ~n
:~nJ tu thr serr~, atxl every pan .+nd parcei thrreof unto Ihc wiJ m~~r~gagee in fee cimplr.
And the murtgagur hrreM a,n~r~anh wi[h thr m~xtgag~r that he i~ inJtfe:~~ibly ceveJ uf ..~~d IanJ ~n fae ~imple: th:~t hr ha~ full
I~ pvwer and lawful ri,ght to convey the same ~n fee simple as afuresaid: that it shalt be lawful for tho mortgagee, at all times peaccably and
i yu~rUy to rnter upun, hu1J. u~.up~. and enju~ wid I~nJ. and c~rry part thrrrof: that Ihe IanJ i~ anJ will remain frre hom all
; rn.umbrances: that ,~?id rrx~rtgagur wilt mal.e sach fur~her a.wrarxr. tu pruve the ter ~~mple title ~u,aiJ IanJ in ,aiJ mortgagr~ a~ may be
rea..~nably rcywrctil, and th.~t .a~d murtgag~•r d~x~ hereh}• full~ Narra~t Ihe titlr tu wid I~nJ, and a~•rr~ prrt thereof. and wi11 defenal Ihe
wmr ~grimt 1he lawful claim~ uf al) (~era~n~ whomuxver.
; F'ROV IDED ALVYAI"ti. ~n.l th~ae pre~ent. asc eaecut~yf ~nd drli~erecl upun the fottuwing cunJrtwn+, to w it
The mortgagor aBtes to pay the mongagee, or order, the principa~ sum of NINETEEN T1~OUSA.'YD A:~iD :10/I00
' Uuttars (S j~ ~0~0 .~Q ar rviderkeJ by a nott of even date herewrth, w•ith ~nterest fmm date at thc
ratr of seven per cenwm 1 7 ~i 1 per annum on the unpaui bafance
unti! pa~d. The sa~d pnnc~pal and ~ntere,t ~hall be payable at thr ~~ffice of Stoekton, Whatley, Davin & Company ~
10~ ~dest ~ay Street, Jacksonville, Florida
or at ,uch other plwee as the hulJrr uf the note may Jr+~gnatr ~n wriung, m munthly in~tallmen~s of p;~E ~~L.ZD2ED TWEPtTY-S~
` aL~d 54/100 - vo11aiT~S126.54 1.commencingon
thc fint day of +July ± 1972 •:~nd on the firs~ day of each month thercafter until tht principal
~nJ mtrrest ~re fully paiJ. cti~ept that thr finat p~} ment uf pnncipai anJ ~nterrst, if nut xk~ner pa~d. ~haN br dur anJ payabk on tRe first
a:~r ~,r Jur.e, Zd02 =
.4nd shalt duly, prompll~. and Fu!!y perform. dixhargt. execute, ePfect, complete, and comply with atxl abide by each and every
tht yupulat~ons, agteements. cundiuum, and covenanu of ,aid promisx.ry nate and of this mortgage, then th~s mortgage and tht e+tate
hereAy crcated shall ceau and t+e null and void.
1nd ihe mcxtgagor furthcr cuvcnantc a. &~U.~H•ti:
; I. ~het he will pay the indchtedne.~. a~ herc~nt~rf~~re pruviJetl. Privilcge ~s resarvod to pay thc deht in v?hulr. ~x ~n an amaunt eyual
tu unc ur rtxxr rtx~nthly pay mrnt. un thr prmc~pal thrt arr neu Jue ~n the note. on the firu Jay of any month prior to maturity: /'rurrdrd.
huwerer, that writien nuticr an ~nlentinn In rterd~e ,uch pnvilrge given at leas~ thirty 130) Jay~ pn~x w prcpayment: and, pr~widcd
~ further. that in the evmt the JcM i. paid ~n full pnor to maturity and at tha~ time it is ~nsured unJer the pruv~uons of the Natiunal
~ Housing Act, he will pay to ~hr m~.rtgagre ao a~ju.teJ premmm charge of one ~ centum f 1 1 of the orrginal princ~pal artwunt thereof.
j exetq thai en no event shall ihr ,.f~u.trJ premium r~ceeJ the aggregate am~wnt of premium ~harge~ which wuuW have txen payable if the
~ rtwrtgage h:,d conUnucJ to tx ~nsureJ unt~l mawnty: wch payment to be applied by the murtgagcc up~m its obligauon to the Secretary of
Housing and Urban Devebpmem on account of murtgage inw~ance. ~]a~tCr Davi•
~ R • ?Hff ~NSTRLMENT PREPAR£O bY
g~: x~U3 Pb~~t ABSTRACT & TITLE CORP. OF Fll1
aOD a. 2ND fT. FORT PIERGE. FLOlI~pA
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