HomeMy WebLinkAbout0856 2313~~3 sT-~~,$3s
SWD i 95.8293 .i
STATE OF FlOR10A ~ ~ ~
~ } , This fam is used in connection
FHA FORM NO ~110 m *~1tS:~' ~~1, with mortgages insured unde? the
Revised May 1971 f.~~ ~1it+~+'~-- one- to four•family prov~sions of
~~q~~11~'~*,~ the National Housing Act.
MORTGAGE
THIS 110RTGAGE. Jat~i the ISt day of April D. 1972 , b~ anJ
betwren AII.BBN STOKSS ~ a single wMOSU - ,
hrr~~nafter callcYi tAe m~xtgagor, and
STOCICrON, utu~c, nsvu~ s co~nxx
. a curpora~ian o~genii~l ~nd existing under thr lawa uf
StBt@ of Florida . hereinatter calted tht mortgager,
WITNESSETN, that for divers good and valuable comideration., and alu~ in considera~iun of the aggregate ,um nameJ in the
promissory note Aereinafte~ Jescribed, the said nwrtgagor does hereby grant, bargain, sell, alien, remise, relase, convey, anJ confirm unto
~he s:wid murtgngee aU that certain piece, parcel, cx tracl of IanJ of' which the caiJ rtwrtgagor ~s now seized and pin.tssed and in actual
possession, situate in the county of
$t. I.ueie and Statt of FI~iJa, descnbed as foUows:
Lot 202, 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.
TOGETI~B ~?ith the following itevs of property ~hich are located in aud permanently
installed as a part of the improvements on said land:
RANGB: COLUI~US, MODEL 34G, SBRIAI. NUI~BR 43865
RANGB HOOD: MIAI~iI CAREY, MiODEL 3730
SPACB I~AATER: FORSAIBE, t~DEI. 465F
The express enumaeration of the foregoing itesns shall not be deemed to limit or
restrict the applicability of any ather language describing in general tetms other
property intended to be covered hereby.
State Documentary Stamps affixed to the original note and cancelled.
Tugether Nith all structures anci improvements now arnl her~atter an said land, and fixtures attached tAercto, and aU rentti, iisues.
proceeds, anJ profits accruing :~nd to accrue from ,:.iJ pre~nise+. all of which are includeJ w•ithin the foregoing description and the
habendum lhereof: al~o 311 ga~. ,te:+m. tiectric. wster, and othtr heaUng. cixiling, refrigerating. 6ghting, p{umbing. ~entilating. irrigating.
arxl puNrr s~ctems. machine~. ~ppliance.. fi~turet, and appurtrnar?~_~, which now are ur may hereafter pertain to, or t+e used with. in. or
00 ,aid prrmi~ti, even thuugh the~• t+r detachr~i ur Jrt:khabir_
TO HAVE .~i~JD TO HOLD thr +ame, tugrther wuh all anJ ,ingular thr tenement~. hereditament~ and appurtenente, ~hercunto
belunging ur in anyHise rpprrtain~ng, and the re~eniun anJ rc~eniun., rem~inJer ur remainders, ren~~. ~asues, and profit~ thereof. anJ
~Iw a0 thr eti~ate. right, litte. ~nterest, humr.tcaJ. Juwer ~nJ nght of Jowrr, xparate estate. p~x»siun. claim arnl demand whats.~e~~r. as
well in law as in ryuity, uf thr ,aiJ mortg:~gur in anJ w the w~me, and e~•ery part thrreof. M•ith the appurtenences of the ~asd murtgagur in
anJ to Ihe wme, and every~ part an~i par~rl thrreot untu the ,aid mortgager m fee ,imple.
~nd ~hr rtx?rtgagur herchy c~,mena~ts ~~th the murtgagee that he i~ indefe:e.ihty ~eirrJ of .aid land in fee simple: ~hat hr ha, full
power and law~ful right tu cunvey the same in fce simple as aforesaid; that it shall be lawful for the mortgageo, at all times peaceably and
yuieily tu enter u{x~n. hulJ. .xcupy. ~nd en~o~ ~aid land, arxi every parl Ihtreof; that the IanJ is and will remain free from ail
rncumbrances that wid nx~rtgagur will make such further assi~rare~:rs to pru~e thr fee simple title tu tia~d larxl in sa~J mortgagee a~ may be
rra~unahh rryuireJ, and th:~t ,a~d nwrtgagur dua.-. hercb~ full~ warrant the titlr to ,aid IanJ. anJ rvrry part thereuf, anJ N ill deteod thr
wmr agaimt thr lawful claim~ of all peru>m whomsoevrr.
PROYIDED ALWAI"S. and thex pire~rnts are executctl and de(iv~red upon Ihe fuilow,ng conditiuns, to K~r.
-('he rrwrtgagor agrees to pay the mortgagee, or order, the principal sum of j$ITIE'j$$pi THOUSAND THO HUNDRED 6c I~T0~100
Dullar. is 19~2~~.~ ac evidenced by a note uf tven date htrewith, with interest from date at the
rate o! seven per centum 1 7 '~i ? per annum on the unpaid balance
unul paid. The said princ~pai and interest shall be payable at the office of ~(~j~j'Qj~j ~{~j~Z'j,$Y ~ DAVIN b COMPANY ~
100 West Bay Street, .lacksonville, Florida
or at ,uch other place as the hulder of the note may designate in writing, in rtwnthl~~ ~~stallments of OPjE ~jjJj~IDR~
T~iF.h'TY-SBVF.N AND 87/100 ~t1ar~~S 127.87 ?.commenc~nBon
thr fira d~y of JLt11@ . 197Z , and .~n the first day uf each month therrafter until the principal
and inrere.i are fully paid. eicept that Ihe finai pa~ ment of pnncipal and ~nterest, ~f not woner paid, shall br due and payahle un the first
d3y .,r MaY, 2002 .
And shall duly, promptly, and fully perfcxm, d~scharge, execute, effect, complete, and comply with and abide by each and every
the stipulations, agreements, conditiuns, and covenants of said promissory note and of this mortgage, then this mortgage and the estatc
hereby creatcd shall cease and be null and void.
And the mnrtgagor further crnenants as foUuw+:
I. That he will pay the inJebtednecc, as hereinbefore providM. P~ivilege i+ re~erved to pay the debt in whole, or ~n ao amount equal
to one or m.~re rrx~n~hly payments on Ihe principal that are next due on ~he note, un Ihe firzt day of any mooth prior to mawrily: /y~~~•idrd,
hoNever, that w ritten nolict uf ao intention to rxercise such privilege it given at least thirty ~ 301 Jays prior to prrpa}•ment: anJ. pru~ ~Jed
further. that in the event the debt it paicl in full priar to maturity and at that time it is insured under the prov~sions of the tiatiunal
Houcing Act, he will pay to the mortgagee an adju+ted premium cha~ge of one {ur centum (1 r'. 1 of the cxiginal principal amount thereof.
except that in no event shall the aJjutiteJ premium exceeei the ag,gregate amuum of premium charge+ which NuuIJ have been payable if the
mortgage had conti~ued to be insured until maturity; soch payment to be apphed by the mortgagee upon ~ts oMigation to the Secretary of
Housing and Urban Oevelopment on account of mortgage insurance.
U A W lter E._Da~is
7.a,3 .::St.~J.eE.••r Pr:'_~f~.~~FJ JY
~~LK~3 PRCr ABSTRACT f~c TITLE CORF' OF FLA.
sps ZND iT. F0/iT PIERCE. fW~~G~
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