HomeMy WebLinkAbout0920 • SWD # 958295
STATE OF FLORIDA
~ZA~~ This fwm is used in connection
FHA FORM NO 2110 m 3 with martgages ~nsured under the
Revised May 1971 one- to four-tamily provisions of
the Nat~onal Housing Act.
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:`3"~i" M"'~t r I~iORTGAGE
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THIS MORTGAGE, dated the iSt day af April . A. D. 19 72 , by and ;
~c~W«~ ISAIH STS`iABT aad D88RAH ANNB STBi~TART, Hia ~life • <
hereinaftcr called the morttagor, and
STOCRI~ON, WHATLEY; DJIVIN 6 (~OZ~ANY .
, a corpotation organ~zal and exis~ing under the laws of ;
State of Florida , hereinafter called the mortgagee,
WITNESSETH, that for divers good a~d valuable cunsideratiuns, and also in consideration of the aggregate sum named in the
ptomissory note hereinafter describod, the said mortgagor does hereby ~rant, bargain, sell, alien. remise, ~elase,~convey. and confirm unto
the said mortgagee all that certain piece, parcel, or tract of la~x1 of which the said mortgagor is now seized and possessed and in actual ~
possession, situate in the county of
St . Lueie and State of Florida, described as follows: - :
a°ccoidi~lgsto=~ie°Pla~Z~lle~°eo~ as ~feLoi~~dat ~
in Plat Book 16, page 12 of the Public Records ~
of St. Lucte County, Florida. z
~
Together vith the following items of property which are located in and permanently ~
ineCalled ae a part of the iuprovemeate on said land:
SANGB: COLUl~US, I~ODffi. 34G, 3~IAI. NUI~~ 43850 ~
BANGE HOOD: MAHI CABSY, IiODffi. 3730
SPACB HSATSR: FORSAIBB, I~DBL 465F ~
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The ex~ress enumeration of the foregoing items shall not be deemed to limit or ~
reatrict the applicability of any other language describing in general terma ~
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other property inteaded to be covered hereby. _
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State Documentary Stamps affixed to the original note and cancelled.
~ Together with all structures arxl improvements nuw and hercafter on said land, and fixtures attached thercw, and all rents, issues
j proceeds, and profits accruing and to accrue from said premises, all of which arc incltxfed within the foreguing description and the
` habeadum thereof: also all gas, steam, rlectric, water, and aher heating, cuol:ing. refrigerating, IighUng, plumbing, ventilating. irrigating,
~ arxi p~wzr systems, ma~hine~, appliancrs, fixtures, and appurtenances, which nuw are ur may hereafter pertain to, ur be used with, in, ur
k on said prem~ses, even thuugh they be JetacheYl ur detachablr. .
~ -TO HAVE AND ~O HOLD the ~ame, tugether with all anJ singular the tenements. heredi~aments and appurtenances thereunlo
~ belunging ur in anyw ise appertaining, and the reversiun and reversium, remainJer or remainders. renis, iswe~, and profits thereof, and
~ also all the r~tate, right, title, interest, homesteacf. Jower arxi right of dower, separate estate. p~use+siun, claim anJ demand whatsoever, as
~ well in IaN as in equity, of the said mongag~x in a~xi to the same, anJ every part therrof. W ith the appurtrnances of the said rrK~rtgagur in
~ rnJ ta the samr, anJ every part ared parcel lhereuf unto the said mortgeg~e in fee simple.
AnJ th~ rtwrtgagur hereh~ a~nvenants w•ith thr mortgagee that he is indefea,iblq sricrd uf +~id land in fee simp{r. that he has full
~ power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgaget, at all tir?~es peaceably and
quieUy tu enter upon. hoW. uccupy, arxi enjuy tiaiJ land, and rvery part thereof: that the larxl is anJ will remain free from all
encumbrances: that saiJ nwrtgagor will make such further assurances 1o pruve 1he fee simple title to said land in said mortgagee as may t+e
~~~~~~n~y «yu~~e~i, and that saiJ rtxtttgagor does hereby fulh Narr:~nt thr title to said land. and every part thereof. and w ill defend the
same against the lawful claimti of all persons whomsoever.
~ PROV IDED ALWAYS, a~xi these presents are executed anJ delivereel upon the follow•ing cor?ditions, to wit: _
~ The mortgagor agrees to pay the mortgagee. or order, the princjpal sum of SBVENTEEI'1 THOUSAND $EVEN HUNDRED ~ FIFTY
~ Dollan IS 1~,75~.~ l. as evidenced by a note of even date herew~ith, with intcrest from Jate at thc
~ rate of SeVeII per centum i ] `~r ) per annum un the unpa~d balance
~ until paid. ~The said principal and interest shall be payable at the offict of STOCKTON ~ ii~~ATI.SY ~ DAVIPI 6e OOMPANY , '
~ 100 ~Teat Bay Street, Jacksonville, Florida =
ur at wch other place as the holder of the note may designate in writing, in monthly installments of ONS HUND~RBD SIGKTBBN
AND 22/100 Dollars IS 118 . 22 commencing on
~he fint day uf JLiAe . 19 72 , and un thc first day of each month thereafler until the principal .
and interr~t are fully paiJ, except that the final payment of prux:ipal and interat, if not woner paiJ, shall bc dut anJ peyahle vn thc first
~ day o( l~18y ~ 2002 .
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Aod chall duly, promplly, and fully perfcxm, discharge, eaecute, efTect, complete, and comply with and abide by each and every
~ the stipulations, a~reements. conditions, and covenanu of said promissory nWe and of this mortgage, then th~s mortgage and the estate
~ hereby created shall cease and be null and void.
~ ~nJ ~hr mortgagor further covcnants as follows: .
~ 1. lhat he w~ill pay the inJebtedacss. as hereinbefore provided. Privilege is reserved to pay the debi in wh~~le. or in an amount equal
~ ta onr ur m.~re rtx~nthly payments on the principal that are neal due on the note. on the first day of any month prior to mawrity: /'n.r~drd.
~ hoNe~cr, that written notice of an intention to e~ercise su~h privilege is given at Iea+1 th~rry ! 301 Jays priM to prepayment and, pruviJed
i further. that in the eve~t the debt is paid in full prior to maturity anJ at that time it is insured unJer the provisiom of the Nalional
k Huusing Act. he will pay to the mortgagee an adjusted premium charge of one ~+er cenwm 11 ~r 1 of the original principal amount thereof.
~ except that in no rvent shall the ad~u~tcJ prem~~~m ezcced the :.ggrrgatc amuunt of prem~um charga which would havc been payablc if the
a mortgage had continutJ to be insured until matunty; such payment to be apphed by the mortgagee upon iu obli`ation to the Socrcury of
~ Housing arni Urban Development on account of mort~e insuranca ;
~ _ Walter B. Davis
TM16 INETRUMENT PREPAP.ED DV-
~ g~~ ~ ~ ABSTRACT Ec TlT~E COPP C1F FLA "
~ 203 S- 2N~ ST. iORT PtE"CF: F~,_::--
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