HomeMy WebLinkAbout0879 STATE OF FLORIGA [ia1 " ~
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FHA FORM NO 211Q m hp~ M~~M~ ~~'~R'~ e~ `'"'i"~~ This torm is used ~n connectio~
Revised May 1971 /~pSTRACT & TtTt_E CORP. OF FLA. w~th mortgages insured under the
aoa S. 2ND 8T. fORT P.ERGE. FLVa'~'A one- to four-family provisions of
the Natianal Housing Act.
~13s~ MORTGAGE
THIS MORTG~GE. Jxted the 22Zd. day of ;^.a'~ ,.~i. D. 19 . hy and
btlwe~n K:V 'i~-O•.v2: 3nd : u~•it: .;2 _~•:::1 - J .
hrreinafter calinl the murtgag~x, and
::~r::r.~2:~ ~~:oR~r~c;~ r,ssocz~rr~s, it~c.
. a corporation organited anJ ex~sting under the law~ of' :;t<<;.~
A`'i:ansas , hereinafter called the mortgagee.
WITNESSETH, that for divers g~1 and valuable coroideratiun+, and alw in considera~ion of ~he aggrega~e sum nameJ in the
promissory note hereinafter dtscribed, the said mortgaQor does her~by grant, bargain, sell, alien, remix, relase, convcy, and confirm unto
the said mortgagee aU that cerlain piece, parcel, or tract of la~xi of w•hich the said mortgagor is now• srized and po~sessed and in actual
po.ssession, situate in the county of ,r,t . ~
arxi State of Florida, describai as follows:
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Together with a!I strucwres arxf improvement+ now and hereafter on said land, and fixtu~es attached thereto, and all rents, usu~s.
proceeds, and profits accruing and to accrur from wid premises, all of v?hich are included wfthin the foregoing Jescription and the
habenJum thereuf; alw all ga+, >term, tlectric, water, snJ other heating, awking. r~frigeraung, tighting, plumbing, vrntilatirtg, irrigating.
arxl puwer system~, m:echines, appliances, fixture,. and appurtenances, which now are ur may hereafter pertain to, or br used With, in. or
un ~aiJ premises, even thuugh thry t+c Jetsch~i ur Jetach~ble.
TO HAVE ANU ~O HOLU the ~ame, togethrr with att and +ingular the tenemrnt~. hrreditamenb :~nJ :~ppurtrnances thereum~
F+elonging or ~n :~nywise apper~a~mng, and the rever,iun and revrrsiom, remamJer ~x r~mainJen, reot~. i~wes, anJ preifits thereof, and
alw all 1he rstate. ~ight, Utlr, intere~t, humestead, dower ~rni right of ~wer, separate estate. pwse~.ion, daim ;~nJ Jeman.f whatsoevcr. a~
wrll in law as in eyuity, i?f the t:~iJ mortg:~g~x in anJ tu the s:?me, and eve~y part therevL with the appurten~nct, vt the wed rrwrtgaRur in
arxi to the same, and every part anJ pare~l thereuf umo the s~id m~tgagee in fce simple.
AoJ the nwrtgagor herehy cun~en:~nt, with ihe murtgagee that he is indefea,iMy .eiteJ of .aiJ land in fec .imple; 1ha~ he has full
power and lawful right to convey the same in fee simple as aforesaid; that it shall bt lawful for the mortgagee, at all times peaceably and
f yuieUy to eo~er upon. huld. uc.cup~•. anJ rnjuq ~aid land, anJ every part thtreof: that the IanJ is aruf Nill rtmain frer from all
; ~ n~umbrances; that saiJ rnortgagur will male ~uch further a»urances to prove the fee ~~mple title tu sxid IanJ m s:?iJ mortgagre as may l~e
rrawnably requ~reJ. and that ~aid rrx~r~gagur d~x~ hcrrb} fuHy uarrant the tide to ~aid larni, anJ e~rry part Ihrrruf, anJ w i11 defenJ the
! wm~ against the lawful cl:~imc of all per~ns whumsoever.
~ PROV ID~D ALWAI'ti. and these presents are executeJ and Jelivered upun the (ollvwi~g condit~ons. tu w it:
The mortgagor agrees to pay the mongagee. or order. the principal sum of j~,,; ~;:p;jS~:_.:~; J.._. :.~;_..J_Lu.. 4 ..U/?
Dollars IS i G,?~ ~.'J~ 1, a~ evidenced by a note of even date herewith. with interest from'date at the
fd1e ~f ~e~.'~.r~ per centum ( i `~fr) per annum on the unpaid balance
until paid. The said prmcipal an~i interest shafl be payable at the office of c~,~:'x;n_: t'.O~_="'uAGL-,' i,5~0(;Ip,"' , I' °C; g. .
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~tt at wch other place as the holder of the notc may Je~ignate in writing, in monthly installments of Gne +~~C'~?
_DollarslS 71."0 l.commencingon
the first day of • . 19 , and on the first day of each month Ihereafter until the principal
anJ ~nterest are fully paid, except thal the final peyment of pnr?c~pal and interest, if not so~ner pa~d, shall t?e due and payabk on the first
dayuf ~-:='e, 'Jq2 .
And shall duly, promptly, and fully perform, discharge, eae-.ute, ef~ect, complete, and comply Kith and abide by cach and every
che stipulations, agreements, conJitions, and covenants of said promissory notc and of this mcxtgage, thcn this tnortgege and the e~tate
hereby created shall cease and be null and void.
•\nJ the mortgagor further covenams ac follow~:
L ~hat he will pay the indebteJness, as hereinbtfi~re pruviJcrl. Privilege i~ res~rved to pay !he JeM in wfiole, or ~n an amount equal
tu une ur rtw~re monthly payments on the principal that ere next due on 1he note. on the first day of any momh prior to maU!nty: P~n?•iJrd.
however, that wriuen nMice of an intention to exercise wch privilege i. given at Ieast thirty ~ 30t days priex to prepeyment: and, providrJ
farther, that irr the tvertt tht deM ic paeJ in full prior to maturity anJ at that time it is insured unOer the provisions of the Natiunal
Housing Act, he will pay to Ihe morigagee an adjucted premium charge of ont per centum 1 I~) of the original principal amount thereof,
except that in no evont shall the adju,ted premium exceed the aggregate amount of premium chargrs which wuuld have beeo payable if the
mortgage had continued to be insured until maturity: such payment to be applicd by the mortgagee upon its obligation ~o the Secretary of
Housing and Urban Devebpment on aocount of matgage insurance.
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