HomeMy WebLinkAbout1523 j~ ~ ~ `~1 • ST-18, 343 SWD ~ 958506
STATE OF FlOR10A 231810
This form is used in Connection
FHA FORM NO 2110 m with mortgages insured unde~ the
Revised May 197I one- to four-family p~ovisions of
the Nationai Housing Act.
MUKTGAGE
THIS AlOItTGAGE, dat~tl the iSt day ot' J~e p. 19 72 , by and
~~W~" DBXT6R D. BANNBR aAd LORBTNA A. BANNSR~ His Wife .
hereinafter called thc murtgagor, and
STOCKTON, WHATLSY, DAVIN b CONPANY
, a c~xpora~ion urganizctii and ex~sting under the laws of
StBt@ of Florida . hereinatier calteii the mortgagec,
WtTNESSETH, that for Jivers g~x~d and valuable coruideration+, an~i also in consideration of thr :+ggregate sum namrd i~ the
promissory note hereinaf'ter drscribed, the said mortgagor doe~ hcreby grant, bargain, sell, alien, remise, relase, convey, and confirm unto
ihe said mongagee all that certain piece, parcel, or tract of la~xi of which the said mongagur is naw seited and p~n~ec,ed and in actual
possessiun, situate in tho county of
State of Florida arn! State of Florida, described as follows:
Lot 223~ Sheraton Plaza, Unit Three~ Replat
according to the Plat thereof as recorded in
Plat Book 16, page 22 of the Public Records
of St. Lucie County, Florfda.
Together With the following items of property rvhich are located in and permanently
iastalled as a part of the improvements on said lands
RANGEt COLUNBUS~ MODEL 34G~ SFR IAL NUMBER 42045
RANGE NOQDt ir1IAHI CAREY, MODEL 3730
SPACH HEATERs FORSAIRE, HODEL 465F . ~
The express enu~beration of the foregoing items shall not be deemed to limit or
restrict the applicabil~y of any other language describing in general terms other
property intended to be covered hereby.
State Documentary Stamps affixed to the origiaal nete and cancelled.
Togethdr with all strucwres arxt improvements now anJ hereafter on said land, and fixtures atcacheci theretu, and all rents, i~sues,
proctods, add profits xcruing and to •rccrue from caiJ premi~ts. aU uf which are incluJed within the foregoing deseription and the
habenJum thereof: alw all ga+. ,team, elctitric, Ns~rr. and uther heating, t~x~king, reCrigrraung. (ightinF. plumbing, venl~lating, irrigating,
arxi puw•er systems, machine~, appl~ance.. fixwrea, and appurt~nanca.~s. Nhi.h nuw rre or mxy hereafter pert~in to, or t~e u~rJ we~h. ~n, ur
on saiJ premises, even though they br Jetached ~x Je~achrble.
TO NAVE .qfVD "f0 HULD the kime. tug~thcr with all ~nd .ingular the tenements, hereditamenu and ~ppu~tenances thereumo
belunging ur in anyw~~ appertai~ing. and the rever.iuo and reveniun., remainder ~x remainders. rents. i~+ue+, and profits thereof. and
atx? all the estate, righ[, ~itle. intrrest, hnmr~ie~J. Juwrr aixf right of JoW er. ceparate rstate, pu~xe»ion, claim atxi demanJ whatxxvcr. ~s
w~ll ~n law as in equity, of thr .ai~ mortgag.x in an.1 tu thr ~ame, and every part thereof, v~ith th~ appurtenance+ of the .aiJ rtx~rtgagur in
3nd to 1hr same, a~xt evtry part anJ p:~r~rl thereuf untu the w~d m~xtgagee ~n fer simple.
And lhe murtgagor hrreh~ i~~nvenants w~th the murlga~ec that hz i~ ~ndefea.ihly .eiird of ,a~d IanJ in fer .impic: th:~~ hc has full
power and Iawfu) right to convey the same in fte simple as aforesaid: that it shall be lawful for the mortgagee, at all times peaceably and
yuicUy to enter upun, huW. ~xcup~. a~Hi enjuy ~:?iJ tand. anJ every part thereut; that thr lan.f i. anei Nil! rern:~in frc~ from all
rn.:umbraeees; that said murtgagur Nill mrAe such further a~wrancc~ tu prove Ihe fee ~imple title ta,aid larxl in ~aid murtgagee a~ may t~e
rrawnably rtyuireJ, anJ that ~:~iJ nwrtgag~r Jues herehy fulh ~arrant thr tiU~ tu ~a~d land. and e~rrq part thcrruf. ~nd wilf drfrnd the
+amc ~gainst th avvful claim, of all perkms whomu~ever.
PROVtDF~ ALWAI'S, and these presents are ezrcutcyl and drlivereaf upun tbe folluw~ng conJiuons_ tu w~!:
The mort$got agrees to pay the mongagee, or order. the principal sum of SENENTEEN THOIJSAND FIVE HUNDRED d. FIFTY
!)ullan (3 j~~ rjrjQ.OQ evidenceJ by a note of even date herew~th. with mierest from date at the
fate ~~f S@VEII P~r centum 1 ~ ~r ) pcr annum un the unpani bal•rncc
until paid. The said principal arxi ~ntrre~t chall tx payable et the office of Stoekton~ Whatley, Davin d Company,
~iest Bay Street, Jacksonville, Florida
ur at ~uch o r plaee as the h.~lder uf the nute ma~ dr+~gnatr in wr~ung, in rtwnthly in~~allment+ of p~E NUNDRED SIXTEEN
AND 88~100 ~~Ilars f S 116.88 commenung on
the first day of July • 19~2 • and on thc firct day uf each rrkinth thereafter until tht principal
eixi ~nterest are fully paid, ercrpt that the finai paymrnt nf pnrk~pal and ~ntertst, if nui xx~ner pa~d. .hnll Ik due end payable on the first
'~ay °t Juae, 2002 •
And shall duly, promptty, and fi~lly perform, diccharge. extcute, etTect, complete, and comply with and abiJ~ by eacA and every
the stipulatiuns, agteements, cond~twn~. and covenants uf caid prom~ssc~ry nWe and of thi~ mortgage, ther~ th~s mortgage and the estate
hercby created shall cease and be null and vo+d.
:~nd thc mortgagor funher a~vrnantti a. fi~llow~:
1. ~ha~ he w~ll pay the indeht~Yin~-.., a~ here~nbefi~re pn~vidrJ. Privilege reserreai U~ pay thc deh~ ~n wt~ufe_ ur in an amount ryual
' to une or rtw~re monthly pay~m~nl+ un the pnrtcipal that arr ne~! due ~~n 1!?r nute. on the first day of :~ny munth pn~x to malunty: /ti.~? idrd,
huwever. that written n~Nice uf a~ intentiun to etercisr ,uch priv~lrgr given at lea+t Ihirry i 301 Ja~. pn~x t~r prepayment: anJ, pruv~ded
further. that in Ihe event Ihe drbt i. paid in full prior to mntunty and at that t~me it is iruureJ unJcr the pruv~uons of the National
Nousing Act, he will pay to the m~~rtg;?gre an :iJju,ted premium charge of one per centum 11 c'. ? of the uriginal pnncipal amount thereuf.
eaeept that ~n no event shall 1hr ,~Jju.irJ prem~um e~crctif th~ :tggrcgate am~wnt of prrm~um charge~ which w~~u1J have been payable if th~
mortgaet had continued to t?e in.ured unt~l maturily; cuch payment to t+e applied by thc m~xtgagce upun rts ot~l~gation to the Socrctary of
Housing and Urban Dcvelopment u~ a.count of mongage ~mur:+nce.
TM/i INSTRUMENT PRCPAREO av~ Walter E• ~V~S
R'•'~~ ~O~ 20~f. 1N j
T TI F IR7 PI[RGEr IWRi A
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