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HomeMy WebLinkAbout0861 ~r S~+'D ~f ~ 959920 STATE OF FLORIOA ~ ( ;j FHA FORM NO 2110 m , ~ This fam is used in connection y fC~E~~`~~~~,~ J w~ , mortgages insured under the Revised Ma 1971 'Jj- M~,.. ~i one- to four•family provisions of ~ ~1•~~'~" the National Housing Act. MORTGAGE ~ 231351 "THIS !~tOR'('C;AC;E, da~ed ~he lst day of M,3y p. 1972 . by and ne~wetn r1llr'2~IB LOIS DAVIS, a single adult , herrinafter calleai the m~xtgagor, and STOCKTON, WNATLEY, DAVIN & COMPANY , a corporalivn organizeJ anJ existing under the law-x of' Stete of Florida . hereinafter callal the mortgagee, WITNESSETH, that for diven gocxl snJ valuable comidrrution+, and alw in comideraliun of thr aggregatr .um named in tht promissory nott htreinafter describod, tAe said mortgagor Joes hereby grant, bargain, sell, alien, remise, relase, convey, and coafirm unto the said m~~~tgagee all that cer~ain piece, parcel, cx tract of IanJ of which the said mo~tgagor is now xeiced and p~se~.sed and in actual possessiun, situate in the county of St . Lucie a~xi Statr of Florida, described as follows: Lot 211, Sheraton Plaza, Unit Three, Replat according to the Plat tr.ereof as recorded in Plat Book 16, page 12 of the Public Records of St. Lude 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: RANGE: COLiT.•1BUS, t~ADII, 34G, SERIpL NUF~ER 38822 RA,yGE HOOD: MIAMI CAREY, rbn~, 3730 SPACE tffATER: FORSAIRE r;ODII. 465F The express enumeration ofthe foregoing items shall not be deemed to limit or restrict the applicab~lity of any other language describing in general terms other property intended to be covered hexeby. State Docucuentary Stampa affixed to the original note and cancelled, Tugether with a!1 structures a?K1 improvemenb nuw anJ hrreafler on said land, and fixtures attached theretu, and all rcnu, issues proctetiis, and prufils accruing and to accrur from w~d premises. all uf which are incluJed within tho foreguing d~scription anJ the habenJum thereof; alw all gea..team. ~lectrit, watrr, and wher heating. awking. refngerating, tighting, ptumbing, ventUating, irriguting. and pc~wer systrms, machines, appliancr~, fiature~, anJ appurtrn~nces. Nh~ch now are ur may hereafttr pertain to, u~ br wed Nith, in, or on saiai premises, tvrn though thty be detached or Jr~ach~blc. TO HAVE :a1~D f0 NC)LD the ~amr, togethrr Hith ~II and +ingular the t~nements. hrreditaments and appurtenancrs therruntu brlonging or in anyw~se appertaining, :~nd Ihe rever,iun anJ revers~um. remainJer or r~mainders, rents, i~tiucti. ;~nJ profits therrof, and ~Iw all the estate, nght, title. imerest, humestrad, IIUKQf :i11tI f1~jlll O~ lIl)K'~(, separate e~tata Fx»se+~ion, claim arxi Jemarxf whatsurver, as wtll in law as in equity, of the +:iiJ mortgrgor m and tu the ~me, anJ e~~rry part thereof, with thr appurtenancrc uf the said rtwrlgagor in and tu the samr, and every part arul parcel thercuf untu lhe wiJ mortgagre in fee simple. And the mortgagor herrM cunvenant~ with the m~xtgagrr that he i+ indefe:~~ibly sriced uf caiJ IanJ in fee cimple: that he ha. fult power and lawful right to convcy the samc in fee simple as aforesaid; that it shall be lawfu! for the mortgagee, at all times peaceably and yuirUy tu rnter upon, hulJ. ~xcupl, rrxi rnjuy sa~J land, anJ every p~rt thereuf; that thc larxi is arxi will remain frre from all encumbranees: that wid rtxxtgagur N ill mak~ such further a»urancc~s tu pr.~ve the fee s~mplr t~tle to wid larxl in sa~d m~xtgagce :u may be reau~nably reyuirrJ, and that ,aid rtx~rtgagur doe, herehy fldlg ~arrant thr tiNe tu .aid I:~rxl. anJ rvery part ihcrruf. anJ wil! detenJ thr wmr :,gainst Ihe I•rwful claim, uf all perxms Nhomuxver. I': PRO``IDED ALWAYS. anJ thex presents aro executod and dclivered upan the following canditiom, to wit: j The mortgagor agecs to pay the mortgagee, or order, the principal sum of SIXTE~t TYAL'SA.tiD FIVE M~'~IDRED S~ ,~0/ lOL1 t?ullan (S 16 ~ 50Q , d~ 1, ac rvidenced by a note of even date herew•ith, with interest from date at the rate af seven per centum 1 ] i 1 per annum on the unpaicf balance until paid. The ca~d pr~ncipal arxl ~nterest shall be payabte at thc office uf SCOCiCtOD, ttifiatley, Davfn ~ Company lOQ West Bay Street, Jacksonvil2e, Florida ' ~~r at .uch other place as the huWer uf the note may Jesignate in writing. in monthly installment~ of prlg j.~,~g~ NIhE aRd S9/200 Dollanli 109.89 l.commencingon the first day of July . 19 72 . and on the first day uf each month thereafter until the principal anai in~rrest arc fully pa~d, except that the final payment of pnncipal and interest, if not xwner pa~d. shall be Jue anJ payable on the first ~a~• °f June, 2002 ~ And shalf duly, promptly, and fully perform, discharge, execute: efFect, complete, and compty with and abide by each and every the ~tipulations, agreemtnts, cooditions, and covenants of said promi~sory note a~x1 of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. -\nJ the mortgagor further rnvenants a~ follow~: ' 1. fhat he wiR pay the indebtcJness. ac hereinbefore proviJecf. Privilege iti resened to pay thc JeM in whule. ~x in an amoun~ equal tu une or rtwre monthly paymemc un the principal that are next due on the note, on Ihe firtt day of any month prior to maturity: /'rut•ided, huwrvrr, that written nolice uf an intention to e~ercise cuch privilege i+ given at Irast thiriy ( 301 days prix to prepayment: anJ, provideJ furthrr. that in tht even! the deM is paid in full pr+or to matunty and at that Iime it is insured under the prov~sions of Ihe National Nousing Ac~, he will pay to the mortgagre an adjusted premium charge of one per cen~um I1 ) of tho original principal amount thereof. ezcept that in no event shall 1he adju~ted premi~m rtceetif the aggregate amuunt of premium chazges which would have been payabte if the ' awrtgage had cuntinued to be insured until maturity; such payment to be applicd by the mortgagec upon iu obligation to the Secretary of Housing and Urban Devetopment on account of mortgage ir~surance. ~lalter g. DaV1d ~`f E~'~JK i~rO~ P~, 8~~ TM~S ~NSTRUM[HT rREPAR[D tlY= A6STRACT & 7lTLE CORP. OF FLA. ^ t03 8. 2ND !T. FORT PIERGE. /LOE1iDA - ~ sz~~ y~ ~.'x ~r ~ _ 'a~_e' - y'~ iE"~.h- Kr_'43" w, ~ ~ -:i~ <<r. ' ' ~ ~ t~ ~~""'~`,«.,'t . ~ . " .<:X~ . _ .