HomeMy WebLinkAbout0716 ~V1~~~'-s ua-av~vva
SWD ~ 958299
STATE Of FLORIDA L` Q
,~1-~~( This tam is used in connectio~
FHA FORM NO Z110 m ~~f ~~¦~~1, with mortgages insured under the
Revised May 1971 K~~~11~ one- to fou~•iamily provisions of
~4~'C~ 11.~~. K' ~ p, i~ the Natiqnal Nousing Act.
~iORTGAGE
~ .
TNIS MOItTGAGE, dat~i the jgt day of j-~y , A. U. 19 ~2 , by anJ
~e""eC" DOAIALD J0~1SON, a single man •
hereinaRer called the mixtgagor, and
STOCiCrON, WHATLBY, DAVIN & OOMPANY
. a corporation organiz~l and existing under the laws of
State of Florida . hereinalter ca11M the mortgagee,
WITNESSE'TH, that for Jivers good and valuable consiJerations, ancl also in co~uideratiun oC the aggrtgate sum named in the
p~omissory note hereinafter described, the said mortgagor dots hereby grant, bargain, selt, alien, rrmix, relase, convey, and confirm unto
the said mortgagee all that certain piece, parcel, ix tract of land of which the said mortgagw is now seized and possessed and in actual
posussion, ~ituate in the county of
St . Lueie and State of Florida, dcscribed as follow•s:
Lot 208, Sheraton Plaza, Unit Three, Replat
according to the Plat thereof as recorded
in Plat Book 16, page 12 of the Public
Records of St. Lucie County, Florida.
Together with the following items of property Which are located in and permanently
installed as a part of the improvements on said land:
RANGB: OOLU1~iBUS, t~iODEL 34G, SERIAI. NUMBER 42023
~ RNNGE HOOD: PiIAMI CAREY, rionEL 3730
SPACE HEATBR: FORSAIRE, MODEL 465 F
The express enumeration of the foregoing items shall not be deeaeed to limit or
restrict the applicability of any other language describing in geaeral terms
other Qxoperty intended to be covered hereby.
State Documentary Stamps affixed to the original note and cancelled.
Together with all structures and improvements now and hereafter on said land, and fiatura attached therew. and aU rents. ~ssues.
procteds, and profits accruing anJ to actrue (rom ~aid premius, all uf which are includeJ wilhin the (oregaing descriptior+ and ihe .
habendum thereof: alw all gas, steam, elrctric, water. and wher healing. ccwking, rcfrigerating, lighting, plumbing, ventilating, irrigating,
arxl power systems, machmes, applianccti, htwrrs. and appurtenanc~s, Nhich nuw arc or may hereafter perlain to, or be used with, in, or
on said premises, even though they be detachrJ ix detachable.
TO HAV~ A1VD "f0 HO!_U the ~ame, together wi~h all :?nd .ingular thr tertements, hereditaments and appurtenances ~hereunto
belunging or jn anywix sppertaioing, anJ ~he rever+ion anJ reversiom, remainder or rcmaindcrs, rents. issu~s, anJ profits thereof, and
alw all the estatr, right, title, interest, homeste:ul, dower and right of dower, separate estate, possession, claim and demarxl whatsoever, as
well in laµ~ ac in equity, of the s:?id mortg:~gex in anJ to the san~e. and cvery part thereqf, with the appurtenances of the SaiJ murtgagor in
arn1 to the same, and every part a~xf parcel thereuf unw the said mixtgagee in fee simple.
And the mortgagur hereby wmrnrnt~ with the mortgagee that he is indtfeatiibly .eiceJ of ,aid land in iee semple: ~hat he has full
power and lawful right to convey the same in fee simple as aforesaid; that it shall be law~ful for the mortgagee, at all times peaceably and
quieUy to enter upon, huld, uccupy, anJ enjoy suiJ IanJ, an~l every part th~reof; that the larxl is anJ wi1J temain fret from al(
encumbrances: that said rr~rtgagur Mill make soch further assurancrs ta prove the fee simple title to ~aid larxl in said miNtgaget as may he
reawrtabl}~ reyuireJ. anJ lhat caid murtgagur d~ hcreby fulty Narrant the utle to +aid IanJ. and every part thereof. and w•ill Jeferxi thc
~ same again~t the lawful claimti of all perwns whumtioever.
Y,
> PROV IDED ALWAYti. anJ ~hese presenu are execute~l anJ delivertd upon the folbwing conditiuns, to w it:
~ The mortgagor agrees to pay the mortgagee, cn order, the principal sum of EIGHTEII'1 THOUSAPiD T~10 HUITDRED & T:D/100
a ~ Dollan IS 18 200 . QQ as eviJenced by a note of even date herewilh, wilh interest from date at the
;~,a~ ,
rate of seven per cen~um 1 ~ x) per annum on the unpaid balance
, LL
unt~l paid. The said prencipa! and ime~est shaU be payable at ihe office of S1`~jtTQp ~~~Z'j~~Y ~ DA~/Ipj ~ Q~A~[~j~ ~ -
~`'s 100 West Bay Street, Jackaonville, ~lorida ,
3~~ ur at .uch other place as the holder of the note may des~gnate in writing, in rtwnthly ~nstallments of 0,`tE HUNDRED 2WF.~~TY-ONE
a~ A,'~`D 21/100 D°IlarslS 121.2I l.cammencingon
LL L' ~ the firsl day o! July . 19 and on the first Jay of each month thereafter untit the principal ~
~ and mterest arc fully paiJ, except ~hat the final payment of pnncipal and interest, ~f not s~wner paid, shall be dur anJ payable on the firs! ~
` ~ da~ of Jl1IlC ~ 2~2
And shall duty, promptly, and fully perform, discharge, execute, effcct, complete, and comply with and abide by each and every s~
~ the stipulations, agreements, conditions, and covenants of said prom~ssory nwe and of this mortgage, then this mortgage and the estate
2 ~ p hereby created shall cease and be null and void.
~ ~ ti :~nd the mortgagor further covenants as folluw C7
~ 1. lhat ho w~ll pay the indebtcJntcs, ax herei~before pruvide~. PtfRlcge i~ restn•ed to pay the deM in whole. or in an amount equal ~
to one or m.~re rrwntht a mentc on the ~nci al that are nett Jo~ on the note. on the first da of an month rior to maturit /'~o?-rJrd,
YP'Y P~ P Y Y P Y~
Z~ N however. that written nolice uf an intrntion to exercisc soch pri~~ilege is given at least thirty i 101 Jays priw to prepaymnnt; and, provideJ
- fur~her. that in the event the debt is paid in full prior to ma~urity anJ at Ihat time it ic insured under the prov~sions of ~he National 4
Housing Act, he will pay to the mortgagee an adjucted premiam charge of one per cenWm ( I~'. 1 of Iht original prirx:~pal amount thereof, ~`A
~ extrpt that io no event shall the aJjwted prem~um raceeJ the aggregate emount of prem~um charges which wuuW have been payable if the
mortgage had cuntinued to be insured until maturity; such payment to tx applieJ by the mortgagee upon its obligation to the Secretary of
Hw?sing and Urban Devebpment on account of morigage insurance.
i, J ^B~' ~ ! ~L. ~••~~~~~~H~¦..r.. ~1116 I~~~/ ~&t~e~e~~ -
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