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HomeMy WebLinkAbout1286 ~ ¢ ~ ST-18,29~ STATE OF FlOp10A ~ ~ 1 ` . ~ 95t~~~ ~ ~ G ~ This torm is used in connectio~ FHA FORM NO Z110 m v~ ~ with rtwrtgages insured under the Revised May 1971 Q~~1~'~~~ o~e- to four•family pra~isions of ~~~y?• the National Housing Act. ~,o~` MORTGAGE 23~668 THiS MORT(iAGE, datetl tht 18C day uf .TUZ1@ , A. D. 1972 , by a~d b~~M'K~ MARGARBT LOUISB IlDBTIN ~ a ssrried t~omaII , hereinafter callcd the mor~gagor, and STO~.KZ~ON~ WBATLRY, DJ?VIN ~ OOI'~ANY . a cixporation organized and existing under thc laws of • StatC 0# F101'~~~ . hereinafter called the mortgagee, WITNESSETH, that for divers g~wd and valuable cotuiderations, and also in coa,ideration of ~he aggregate sum namctil in the promissory note hereinafter described, the said mort~agor does hereby grant, bargain, sell, alien, rcmise, relase, convey, and confirm unto the said mortgaaoe all that certain piecc, parctl, or iract of lartd ot which the said mongagor is now scized and posscsscd and in actual posussioo, sitwtc in the county of St . Lt1C~@ and State of FloriJa, described as fdlows: ~ Lot 218, Sheraton Plasa, Uait Three, 8eplat, - according to the Plst thereof as recorded in Plat Book 16, page 12 of the Public Becords of St. Lucie Countq, Florida. Togethes with the folloving items of property which are located in eud perraanentty installed aa a part of the iaprovementa on said laad: BANGS: OOLtII~US, MODffi. 34G, S~Ilu. Nt1I~IDB~ 38801 BANiGB HOOD: IiIAMI C~BEY, 1~iDDffi. 3T30 SPACS ffiAZ'~: FOBSAIBB, I~Dffi. 465F The express enunberation of the foregoing itema shall not be demed to lisit or restrict the applicability of any other language describing ia geaeral terma other property intended to be covered hereby. Stste Documentary Staaps affixed to the original note and cancelled. Together with all struclures an.i improvements ouw anJ hereafter un said land, and fiztura attachai thereW, and all rents, ~>sues, proceeds, and profits accruing anJ tu x~rue from ~a~d premi~r., all o[ which are inclucleJ within the foregoing Jescriptwn •rrtd thr habenJum thrreuf; also atl g:+s. ~tram. rlc~tric. r?~trr. and u~her healing. cw{.ing, rtfrigerating, lighting. plumbing, vrntilating, irrigating, arxf ~wwer sy~tema, machinea, applian~r., fi~turrs, anJ appu:t~r.sn.e~, wh~ch n~w are or may hereaftrr peria~n to, ur lx uxd Nith, in. ~?r un wiJ premise~, even though they t+r ~letach~i ~x drtachablr. TO HAVE ANU TO HOl_D thr ,ume, tugether Nrth all and ,ingular tAz tenements. hereditamenb aad appurtcn:uues thrreunto t+rlung~ng vr in a~ywise appertain~n~. and the reveniun ~nJ reccn~un~. remamder ~x remaender.. rcnt~, i~.uch, and profits thereoL anJ ai~~ all thc ~statc, righ4 ~itlz. inter~t, h.~mestead. JuMer arxi right uf duwer, srparate estate. p~»x~siun, cla~m arni drrruarx! whais~~rr. .~s Ne)1 in !av? as in oquity, uf the wiJ murtgag~~r ~n ;?rxi to the ,:~me. rnJ e~ery p•rrt thereo~, with the :~ppurtenance. uf the wid murtgagur in anJ to the same. anJ cvery part and p~rcrl thereof untu the wid mwtgsgee in ier simple. AnJ the rtwrtQagor herrb~ :un~~nam+ with thr mu~tgagrr that he i. inJtfeasiMy .eitrd of wid lanJ in fte Simplt: Ihat he ha, tul! power and lawfW right to convey thc same in fec s~mple as efuresaid; that it shall be lav?ful for the mortgaget, at all times peaceably and qwetlr lo enter upun, huW. ~cupg, and enjuy ,aid IanJ, and rvrry part thereof; lhat the land ie anJ w~ll rcma~n free frum a(1 erkumtxanca; Ihat saiJ rtxxtgsg,~r w~(t malr ~wh furth~r a~wran.ts tu pruvr the fer ~imple t~tle to ~rid larxi en wiJ murtgagee ss may hc rrawn:~bly rrQuirrJ. anJ ~h:tt ,aiJ nx~rtgagur Jur~ herrhy full~ uarranl the title to w~J IanJ, and c~rr~ part therri~L and w~ll drfend the vme against thc lawful cl3im~ ut all penum whomKxver. PROVIDED ALWAti'S, and these pre~ents arc executctii and Jrl~verecl upon ~he folluwing ~und~tions, to w it Tlx mortgagor asrees ~o pay ~ht mortaagea or order, the principai sum d NINBTBBN THOUSAND 1Si0 HUNDSED AND NO/100 ~~~'~~a^ ~s19~2(~.~ 1. ac ev+JexeJ by a rxue of even date hcrevrhh. with internt from date at the ratr .rf SeV~ per centum ( ''c , r annum un the u ~ pe apaid balance ~ni~f ~aid. 7~he said pnnc~pal anJ ~ntere.t shall be payable a1 the office of $tOCkCOl1i ~laCll~1~ Dri/~L1 6 Co¦Qany, 100 Hest Bay Street, Jackaoaville, Florida or at ~uch ottie~ pface as the hulder of thc nutr ma~ Je,ignate ~n wriUng. m nxsnthly installments of Qj~j$ 1~iBNTY-SBV~I AND 87~100 ~'llars ~S j27.87 1. commencing on . the firii day of Jui~1 • 19 72 - and on tht first day ~d cach month thereafitr until the princ~pal inJ ~nterest are fully pa~d, ctcept that thr finrl paymtnt ~.I pr~ncipal aod in~ere~t. ~f not xk~ner pa~J, shaU br due anci payabte on thr first J~y of JtIA! ~ Z~2 • .~~d shaN duly, Qromptly. and fiilly pcrfexm, diticharge, execute, efl'ect, complete. and rnmply w•ith and abide Dy each and every• the cupulations, aaeements, conditwm, and covenants uf ~aid prom~ssory note atxi of tA~ti mortgage, thrn this mortgage anci the estate hereby creatat shall cease and t+c null and vo~d. And 1he mort6aaor fe~rther ci~venantc ac ful!<~w~: 1. 1 hat he will pay Ii~e ir?dehtedne.~. as hercinbefore pruviJed. Privilege is reser~ed to pay the debl in ~h~~le. ur m an nmcwnt equal 1~~ une ur nx~re mr~rttAly paymrnt. uo the pr~ncipal tha~ are n:~t duc on the note. on the first day of any month pnor to matunty: /'r~n-i,1ed. Auwccer, tha! wriuen n~~tice of an intenNun etercix cwh pnv~tege given ai least th~rly ~ 301 J~y~ pn~x to prepayment: and, prov~Jcd (urthcr. tAat in the cvent Ihc JeM ia paid in full pri~~r to m•rturity anJ at tAat t~mt it i~ irmured unJcr Ihc pr.~v~vo~ of the Nauunal Housin6 1ct. he will pay to the mangagre an adju.ted premwm charge of one per etnlum t 1`i 1 of Iht orig~nal pnat~pat amount thereot, cacept Ihat m no evenl sha!! the .id~u.ird prem~um eicer+l Ihr a~rregate amiwnt c~f prem~um charge. which wuuW have becn payable if the mori`a6e had cunt~nutd to 1+t insurcJ unul matunty; such payment to be applied by the martgagee upun ~u oblig:?[iun to t1~e 5ocretary uf H~:using and Urhan Devebpment on account of mortgag~ ~murance. p 9~~ Tt~+rs tNSTRUMtNT PRCrARED ev: ~181ter E_ D,yia EGLK PA[,i /1BSTRACT !c TITLE CORP. OF FLA. ~ 206 s. 2ND !T. fO1tT ?1[RGE. FWRtpA , i : ~ s _ ~ = ~ . . - - , <<s.~z~