HomeMy WebLinkAbout2096 ~ 321'72 s~ # gs9sLS
STATE OF FLORIOA
Th~s form is used in connection
FHA FORM NO Z110 m with mortgages insured under the
Revised May 1971 one- to four•family p?ovisions of
the National Hous~ng Act.
MUR'1'GAGE
THIS ~10RT(;AC~F, Jated the ZSt day of .J11ri@ ,.4. D. 19 ~2 , by and
~~M~C~ SHIiRMAN WILLUMS and I~iINNIB L. WILI.IA?sS, His ilife .
hereinaGe~ calleJ thr m.utgag~x, and
STOCiCfON, 1~1H~ATI.SY, UAVIN 6 OOi~ANY
, a corporatiun organized and txisting under 1he laws uf
State of Florida , hereinafter callai the morlgagre.
WITNESSETH, thal for diven g~xxi and valuable comideralions, arni alco in comideratian of 1he aggregate +um namai in the
promissory note hereinafter describ~J, the said mortgagor durs hereby grant, bargain, sell, aliea remix, relase, ccinvey, and confirm untu
the said mortgagee all that certain pirce, parcel, ix tract of larxi of which the .aid mortgagur is now seized and pos-+t~d and in actual
posse~ion, situate in the cuunty uf
$t. Lueie and State of Florida, describ~l as fullows:
Lot 169, Sheraton Plaza, Unit Three, Replat
according to the Plat thereof as recorded
in Plat Book 16, page 12 of the Public Becords
of St. Lucie County, Florida.
Together with the folloWing items of property which are located in and permanently
installed as a part of the im~rovements on said land:
RANGB: OOI.UI~+BUS, MODffi. 34G, Si~IAL NUl~~ 42024
RANGB HOOD : MIAMI CARSY , 1'DDEL 37 3t~
SPA~B ~ATEB : FORSAIRB , t~DDffi. 465F
The express enumberation of the foregoing items shall not be deemed to limit or
restrict the applicability of any other language describing in general terms
other property intended to be covered hereby.
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' Together with all strucwre+ arxi improvements now~ and hercafter on said land. and fiatures attached thereta. and all rents, issues,
j proceeels, anJ profits accruing anJ t~ accri~e from said premises. all of which are includeJ within the forcgoing description and the
' hatxndum thereof; al~u all ga~..te~m, elrctric. Nater. anJ other heating, c~x~Aing. refrigeraung. lighting, plumbing. ventilating. irrigating.
~ arxi poKCr .y~tem~. ma~hine.. appliance~. fitilure+. ~nJ 3ppurten~nce~. which nu~ are or may hereafter pertain to. or tx u~ed with. in. i~r
~ on said premi,x+. evcn though they F+r Jetanc~~i ur detachable.
~ "fn HAVF :1~iD TO HOI.D the ~amr_ together uith al~ and ~ingular the tenemems_ hereJitaments and appurtenance+ th~reuntu
helunging ar in an}wise :ipperta~ning. anJ the revcr~iu~ and reven~um. rcmaindrr or remainden, rentc, is,ue.. anJ profilc therrof. and
y alw all thr ~~tatr. right. titl~. intrrc~t. humesteaJ, duw~r and right of duwrr. uparate estate. posse+~iun. claim anJ demarni what~cever. as _
~ well in law a, in cyuity. ~~f the ,aid mungag~N ~n snJ tu the wmt. anJ efrry pan there~~L with the :~ppurtenancec of thc said rtx~rtgagur in
~ anJ tu ihe wme. and even• part and parcel thereuf unto the ~aiJ murtgagce in fee ~imple.
:\nJ the mittlgagur herrhy cun~enantti with thr mortgagee th:+t he i~ inJefea.ibly uized uf .aid land in fre ~implr. that he hati full
power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagce, at all times peaceably and
yuietly tu enter u~~n. h.~IJ. ~x:cupy. anJ enjuy caid land. arxi every part thereuf; that the land iti arxi will remain free from all
encumbr.mceti: that ~aid rrn~rtg~gur w~ll maAe such further a~.urance~ to pruve ihe fec ti~mple title to ~:?id I~rx1 in said mortgagee as ma} t+e
rra~unably reyuired. :?nJ th.~t wid rrx~rtgagur dcx~ hereM• full~ warran~ the title to said IanJ. and evrr~• pari thereof. anJ w~ill dcfrrxi Ihe
wme sgain~t the I~wful claimc of al! ~rums whomsoever.
PRO~'lt)ED :~I.~V.Al'ti, and these presents are executcYl anJ det~~~errJ u~m the fo11oN ing conJitions, to N it
- 'R~e rr~rtgagor agrees to pay the mortgagee, or order, the principal sum of EIGHTBEN TH~USAND AND No/100
~ Dollarti IS 1$ 1. a+ eviJenceJ by a note of even da~e herewith, with ~nterest from date at the
~ rate uf seven per centum ~ 7 1 per annum on the unpaid balsnce
~ unut paiJ. "fhe +aid principal anJ intere~t ~hall be payablc at the uffi~r of $tOCiCtOII ~ i~ihatley, DSVZII ac COII~IBII~I ~
100 West Bay Street, Jacksonville, Florida
~ ur at such Wher place as the hulder of ~he note may designate in writing, in rtx+mhly installments of Qj~j$ H(JNI?R~ r11~~t'1
AND 88~100 lk~llars ~S 119.88 commcrking on
the first Jay of Aug118t • 19 72• and on the first Jay of each rtwnth Ihereafter until the pnncipal
~ anJ ~ntrrest are fully paid, except that the final payment uf pn~xipal anJ mterr~t. if nol wuner paiJ. shall t~r Jur anJ payable un thr first
~ day of July ~ 2002 .
~ AnJ shall July, prompdy, and fully perfcxm, discharge, execute, effect, complete, and comply with and abide by each and every
~ the stipulalions. agreementc, conditions. and covenants of ~aid promit~ory nMe and of this mortgage, then this mortgage arxl the euate
hereby crcated shall teast and t+e null and vo~d.
-~nJ the rrxx~gagur further covenanls as folluus~
~ 1- I hat hc wdl pay thr ~ndebtednr~~. a~ hereinbefore pr~~viJeJ_ Pr~vilegc rescrvc~l tu pay thr debt ~n whule. ur in an amuunt cyua)
~ ti~ unr or rtx~rr nwnthly payment~ on the pr~rxipal that are next Juc un the nutr, un thr first day o~ any munth prior ro mawrity: I'ru~ ided.
~ Fx~wever, that wrilten nuuce of an intenuun w rxercise ~uch privilege i, gn•en at Ir~.t Ihirty t 301 days pnix tu prepayment: and, provideJ
~ further. that ~n the event Ihe deM ~s paK1 in full prior to mawnty and at that time it is insured unJer the provisioru of the tiatiunal
~ Housing Act. he w~ll pay to the nwrtgagee an adjusteJ prem~um charge vf one per centum 1 t K) of the original principal arrwunt thereof,
except that ~n no cvent shall the aJju+teJ premium exceeJ the aggregate am.wm of prem~um charge. which woulJ have been payable if the
mortgage had cunUnued w be insured until mawrily: such payment to be applird by the mortgagee up~m its obligation to the Secretuy of
~ Nousing a~xi lirban [kvelupment un account of mortgage insurance. Wglter D8V ~8
~J R~~O~ fAl~E~O~ 7M1• INlRRUMENT PRE*ARED OY'
~UU . ABSTRACT R TI o w r o E C G ? w ~ A
i06 S. 2ND fT.
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