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HomeMy WebLinkAbout1281 ~ ' ST•18,335 ~ ~ ~ ~ SWD # 959929 STATE OF FLORIOA ' . / G ~ ~ / ~ ~i S ~4. P' / This fam is used in co~?nettion FHA FORM NO 2110 m ~ M with mortgages insured under the Revised May 19.71 o~e- to four-family p~ovisions of ~a ~p S~, ~ the Natio~al Housing Act. ~ ~ ~ 231665 MORTGAGE THIS MORTGAGE, datctil the 1St ~aY ~ JVAC . A. D. 19 72 , by and bctwrcn DBL86RT C. FOOTB and MARY ANN F00?fE~ His Wife ~ hereinafte~ callod the m~tgagor, and STOCKTON, WHATLEY, DAVIN b CONPANY , a corporsstiun organizai anJ exi~ting under the laws uf S t8 t! Of Florida , hereina(te~ called the mortgagee. WITNESSETN, that for divcrs go«! and valuable cunsickrati~~ns, a~x1 also in consideration uf the aggregate sum named in the promissory note hereinaftu described, the said mo[tgagor does hereby ~yrant, bugain, sell, alien, rcmise, rdase, convey, and confirm unto the said mortgagee all that certaiR piece, parcel, or tract of land of which the said mortgagor is now xized and possesxd and in actual posussion. situate in the county of . St. Luc ie a~d State of Florida, described as follows: Lot 220~ Sheraton Plaza, Unit Three, Replat accordiag to the Plat thereof as recorded in Plat Book 16, page 12 of the Public Records of St. Lucie County~ Florida. Together With tt±e following items of property vhich are located in and permanently installed as a part of the improvements on said lands RANGEs COLUl~US~ MODEL 34G, SBRIAL NUMBER 42025 RANGE NOODs !lIAMI CAREY~ MO~EL 3730 SPACE HEATERs FORSALRE, lIODBL 465F The express enumberation of the foregoing it~.s shall not be deemed to limit or restrict the applicability of any other language describing in general teims other property inteaded to be covered hereby. _ ~ State Documentary Stamps af~ixed to the original note and cancelled. ~ ~ Together wlth all structur~ arxl ~mprovements nov~ arnl hereafter on said lan~, arn1 fixwra attacheJ thrrew. and all rents, i~sues, ~ proceexls, and profits accrwng :+nd tu sccrue frum .a~d premi.r,, all of v~fiich are inclwieJ Nithin the Wreguing dexription anJ the halxnJum thrreof; alx~ afl ga~. +team. rle~:tric. watrr. rnJ uther heaUng, ah~l.ing. refnger:~ung, light~ng, plumbing. ventilating, irrigating. nnd puwer sy~tems, nw~hinr~, appLarxe~, fixtur~. anJ a~+urtrnarke~. Nhich nuw arr or may hereafler pertain tu, ur tx used with, in, ur un ,:uJ prem~se~. even thuugh they br Jeta~hc~f ur Jrtachabl~. 3 f0 HAVG AND ~O HOI.D the wme. wge~her N~th ~II 3~d ~inguiar the tentmrnts. hrrcJitamrnts and appurtrnancts thereunto t~lunging or in anyw~se rp~rta~ning. and thr revzr.ion :+nd re.er+iun.. remainder ~x remainden, renti. „~ucy. and profits thereof. and ~ • alsu all the ~t•ate, nght, tiUe. mlere+t, home+trad. duNer anJ nghi of JoNer, sepuate estate, pc»~cw~~on.:la~m anJ demaexl whatwever. as ; will in ~aw :i+ ~n eyuity. uf thr .aiJ murtgag~x m am1 lo thr vmr. and every part therrof, wi~h the appunenan~e. uf the saiJ ~rwrtgagur in :~nd to thr same. anJ every part arxf parcel ~hereuf unw thr w~J m.xtg3ger in fee simplr_ And the nwrtgxgor he~ehy cun~rnant~ Nith ~hr m~xtgsgrr that hr ~~~rz3,~e~~y u~~ea of ~a~J IanJ in frr ~imple: that he ha~ full power and lawful right to convey the same in fee simpie as aforesaid: that it shall be lawtul for the mortgagee, at all times peaceably and yuieUy to enter upun, hulJ. .x:upy. anJ rnjoy ~:+iJ IanJ, anJ e~~cry part ther~of: that the I•rnJ i~ arxl w~ll remam free Gum all rrxumbrances: that saiJ rtx?rtgagur will male such further a.~urancrs to pruvr the fee s~mple title to s~id larxi in,aiJ m~xtgagee as may be reawnably rrywrrJ, and thrt +aiJ rrH~rtgagur doc~ hrrrh~ fully a;~rrant ihe tiNe to saiJ larxl, r~d every part thereuf, and will d~fenJ the wtrn agamsl ihr lawful claim~ uf all prrx~nc NhomK~ever. PKOV IDED ALVVAI'ti. and ~he~e present~ are exe~u~cYi ~nd Jelrvercyf upon the following conJiuuns. to w it The rrw~rtgagor asrces to pay the mortgagee, or order. ~he pnnc~pal sum d SEVBNTEEN THOUSAND FIVE HUNDI~ED d. FIFTY Dollan If 1]~SS~.OO 1. a~ evidenccd by a rx?te of even date hcrcwith. with ~nterest from date at the _ rate .~r seven per centum ( ~ `.~C ? per annum un the uupax! balance unt~l paid. t?~e said pnnc~pai arxl ~mere.t ~hail t?e payablc at thc office uf Stoekton, MTtlitle~/~ Davin d COQp~Dy~ 100 West Bay Street, Jacksonville, Florida ur at such other place as the holder uf' Ihe note may de~~gn~te ~n wnt~ng. ~n munthty imtallmtnts of pHE NUNDRID SIXTEEN ~ attd 88~100 -----'--Jul---•------------~ 2~~Iars ~S 116.88 1~ commeacing on 1 the fint day of y . 19 _ and on the firc~ day of each momh thcreafter until the principaf i aruf interest arc fully ps~d, racept ~hat the final pa~ment uf prirn~pa! anJ interest. ~f nut s~xmer pa~d, shall be due anJ payabk un the first 's "t June! 2002 ' And shall duly, promptly, and fully perform, discharge. execute, efTect, complete. and comply w~th and abide by eaeh artd every tht stipulauons~ a~etmtnts. conJ~uons, and covenants of said prom~~wry nae and of this mcxtgage, then this mortgage and the eatate hereby created sAali cease and t+e null and void. and the rmrtFagor turthcr c~~vcnant~ a~ fnlluN~: I. fhat he will pay the indeMrdnr~c. a~ here~nbefore prn~•~ded. f'rrv~Iege reserred 1o pay tM JeM m whole, or ~n an arnount eyual tu unt ur rrw~re monthly paymrnh ~.n the principal ~ha1 arc nect due oa the note. on tht first Jay of aoy munth pnar to maturity: /'ruv~dad. h~~Nevr~, that wriuen notice u( an intentio~ to e~erc~se ~u~h priv~ltge u g~ven at least thirly i WI Jay. pn~x tu prepayment: -rnd, providcd ~ further. that in ihe evenl thc deht i~ p•riJ in full pr~c?r to mawrily and a1 tha~ timt it is ~nsured under Ihe prov~seons oi the National Huusing Act. he will pay tu the rrH.rtgagee an adjusted premium charge of one pet centum 11 ~t 1 of 1he cx~g~nal principal amouot thereof, i excep~ that ~n oo event sh~ll ~he .,alju.ted premwm r~ceed ihr a~tregate amuunt uf premium chazgeti Nh~ch wuulsi have been pay~hle if the ~ mortgagt had conunued to tx ~nsureJ unl~l matuniy: such paymem to be appl~ed by the mortgaact up~m ~ts c~l~gation to the Secretary of ~ i Housing and Urban Development on accewnt of mortgaRe ~murance. ~ D R TMIi INSTRUM[HT P1~[TAR[D E~' f er . Vis i ~ ~QQ~z~3 AgSTRAC'T ~ T1TLE CORP. OF FIA. ~ ~ ~ 20~ S. 2tVD ST. fORT rl[RGC. II.aRtDA q~j, y . . . . ~ ~ _ ~ ~ ~ ~ . ~ ~