HomeMy WebLinkAbout2101 t'~ ~ ST-18,643 SWD # 958504
STATE OF FIORIDA S ( ~ ~~p~-- ~
y)1 ~ This form is useo in connect~on
FHA FORM NO Z110 m r1i~ with mortgages insured under the •
Revised hlay 1971 ~ 0~ ~ one- to four-tamily prowsions of
~ the National Housing Act.
MORTGAG~
THIS ~tOR'I'GAGE, dateJ the 18t day of June D. 19 72 , by ~nd
t?etwr~n ,l~g C. SMITH aud ALICB A. SMITH~ H3s Wife ~ •
hcre~nafter calleJ tht mixtgagix. and -
STOCKI'ON , WHATI.EY , DAV IN ~ (~OZ~ANY -
, a c.xporation organizc~i :~nd rxi~ting unde~ the law~ ~~i
StBt@ of Florida , he~einafte~ callstif ~he mottgagee,
W ITNESSETH, that for diven goai and ~•aluable considerations, and alx~ in considera~ion of the aggrega~c sum narmtil in the
promia.wry note hereinafter describeJ, the said mortgagoi does h~reby gra~t, bargain, sell, alien, remix, relase, convty, and confirm unto
~he said mc?rtgagre all that cenain piece, parcel, or Iract of la~xi of which the said mortgagor is now seized and postiesseJ and in actual
possession, situate in thc county of ~
$t. Lueie anJ Statt of Florida, described as follows:
Lot 165, Sheraton Plaza, Unit Three, Beplat
according to the Plat thereof as recorded in
Plat Book 16, page 12 of the Public 8ecords
of St. Lucie County, Florida.
Together with the folloving items of property which~are located in and
permanently installed as a part of the improvements on esid land:
RANGE: (~OLUI~US, MODffi. 34G, SffitIAL NUI~ffit 42032
RANGB Hi00D: MIAMI CABSY, I~OD~. 3730
SPACS ~ATIIt: FORSAIRB, MODffi. 465F
The express enu~beration of the foregoing items shall not be deemed to linit
or restrict the applicability of any other language describing in general
terms other property intended to be covered hereby.
State Documentary Stamps affixed to the original note and cencelled.
~ Together with all structures arxi improvements now~and hereafter on SaiJ land, arni fixwres attached thereto, and all rents. issues,
~ pruceeds. and profits accruing :md to accrue from said premi~es. all of ahich are included within the foregoing description and the
~ habenJum therruf: ahu all ~a._ ~tram. electrir. Haler. ~nJ other heating. c~k~{.ing, refrigerating, lighti~g. plumbing. ventilating. irrigating.
and puwer ~ytitem.. macfiine., appliarte«, h~turc~, and appurtenance~_ Nh~ch n~~w are ar may hereaftrr perlain to, or I+e u~ed with. in. or
i un wid premi.~c_ even thuugh the~ t+r JetxheJ ur detachable.
E Tn Ii:~vE ~D "!O Hn1.D thr .amc. togcther uith all anJ .ingular thc Icnrment.. hereditaments and •rppurtenancec Ihereunto
~ I+clonging ur m:~mai~e appertaining, :+nd the rev~niiin and revenium. remaindrr or remainden, rent~, is~ues. and prufit~ lhereof. :?nd
~ alw all the ~~tatr. right. title. intrr~st. hum~~lead. Jower :~nd right of Jower, ceparste etitate. pcn.etcion, claim arxi demand whatx~ever. as
~ well in laH ati in equity. uf the .aiJ murtK:igor in anJ tu the wme. and every part thereof. with the appurtenaners of the wid mortgagur in
3nd tu the s:~me. anJ every part :+nd p:+rcel therevf u~nto thr wid mortgagee io fee ~imple.
~ ~1nJ the rtxutgagur hereh~ ~unvrnam. ~ith the murtgagee .hat he is inJrfea~ihh ~eized of caiJ land in fre ~imple: that he hati full
~ power anJ lawful right to convey the same in fee simple as aforesaiJ; that it shall t?e lawful for the mortgagee, at all times peaceably and
yuietly tu eoter upun. huld. ~KCUpy. anJ rnjo~ wid land. anJ tvrry part thrreaf: that the land i. and will remain free from all
~ erH:umhr.,nce,: that ,aiJ rrxxtgagur w~ll maAr ~uch funher acsurarne~ 1o prove the fre ~~mpte tiUr to caid I:~rn1 in ~aiJ mixlgagee at may he
rra~~rnahly reyuirecl, anJ Ih.d .:iiJ nu~rtgagor d~x~ hrreh~~ fully warram the title t~~ ~aid larxf, and every part therrof, and w~ill Jrfrnd the
wme again~t the L•~wtul daim, uf :~tl peru~nx Nhomwever.
PKOV IbED :~t_~VAI'ti. and these presents arr execut~l anJ Jeli~erctil uEx~n the folluN ing conJitions, to w it:
~ T~e murtgagor agrces to pay the mortgagee. or order, the principal sum of $EVffidTSEN THOUSAND NINE HUNDRSD FIFTY
lh~lla:. ~S 17~9S0.QQ t. as evidenced by a ~ote of even date herewith, w~th interest from date at the
~ ratr uf seven per centum 1 `b 1 per anoum on the unpaiJ balance
until paiJ. I he aaiJ princ~pal anJ interest ~hall be payable at the office of $COCiCCOA ~~1aCl6y ~ DSV~II ~ COt~BIIy?~
~
~ 100 West Bap Street, Jacksonville, Florida
~ ur at wch other place ati the hoWer of the note may decignate in wnung, in monthly installments of 0~ ~DR~ NIN~~
~
Dullars lS 1, commern:ing un
~y AND 55/100 119.55
the first Jay of Au~$t , 19 72 , and on ~he first Jay of each rtwnth thereafter until the pnncipa!
~ nrxi interest are fulty paid, except that the final payment uf pnncipa~ •rnJ ~nterr~t, cf nut vwner paiJ. shall be Jue and payable un ihe firtit
z day ut' July ~ 2002 ~ ;
And shatl duly, prompUy, and fully perform. d~uharge. execute, efTect, wmplete, and comply w~th and abide by each and every
~ the stipulaUons, agreements, condjt~ons, and covenants of said promissory note and .if this murtgage, then this mortgage and the estate
~ hr.eby created shall cease and be null and void.
~ AnJ thc ~Twrtgagur fur~her covenants as follows: -
~ L fha~ hr will pay ~he ~nJebteJness, as hereinbeforn pruviJeil. Pncilege i~ re~cnc~i to pap the debt ~n whute, or in an amount eyual
tu ~~ne or mure nwmhly paymrnts on the principal that are nexe due un the nate. un ~hr first Jay of any month prior tu maturity: I'rurided,
twwever, ~hat wnttrn nuuce of an intention to exercise such privilege is gi~•rn Iratit th~rty t 301 Jays pri~x tu prepxyment; anJ, proviJeJ
~ further, that ~n the cvrnt the JeM is paid ~n full prior tu maturity and at Ih~t t~mc h is insured under the provis~uns of the tiati~nal
Housing Act, he witl pay to the mortgagee an aJjusteJ premium charge of one per centum 11 ~r 1 of the original principal amcwnt thereof,
~ rxcept that in rto evrnt shall the aJju~teJ prem~um ezceal the aggregate amount of premium charges which wouW havt been payable if the
mortgage haJ conUnued to be insureJ until mawrity; wch payment w bt applizd by ~e mortgaget upon its obligation to the Secretary of
~ Nousing anJ l;rhan Development un account of mortgage i~urance. a~ter E. Davis
~ TNiS INfTRUMENT PR[PARED OY: ~
~ ~ R r` Ag6TRACT ec TITLE CORP. OF FIA.
~ BGUK F~V( tOS S. 2N0 fT. FORT riERCE. /1.ORIDA
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