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HomeMy WebLinkAbout2106 ;~321,78 - sT-~s,b~ SWD # 959917 STATE OF fLOR10A This form is used in connection FHA FORM NO 2110 m • with mortgages insured under the Revised May 1971 one- to four-family provisions of the National Nousing Act. MORTGAGE ~ THIS ~tORTCiAGE, Jat~vl the ZSC ~aY ~ June D. 19 72 , by and ~ betwenn R. V. JONBS AI3D VIRGIN7A JONfiS ~ HIS WIFB . ~ heremafter ca11eJ the murtgagor, and STOCKTON, `iNATLSY, DiAVIN 6 C03~ANY ' ; , a corporation ~rganized and existing under the lavvs of State of Florida , hereinafter called the mortgagee, WITNESSETH, that for diven goixl anJ valuable cun~ideration~, and atw in consideration of the aggregate sum named in the promissory note hereinafter dcsc~ibed. the said morlgagor docs hereby grant, bargain, sell, alien, rcmise, relace, convey, and confirm unto i the said mortgagce all that certain piece, parcel, or tract of la~xi of which the said mortgagor is now seized and pouessed and in actual possessiun, situate ~n the cuunty of St. Lueie and Jtate of Florida, describoJ as follows: ~ ~ ~ IN MYME1f~ OF TAg ' Lot 170, Sheraton Plaza, Unit Three, f.,L c~: ~.~;,c ~C ~NtMC~E t~:0^E,wY~ ` Replat according to the Plat thereof ~YI~Wwt TO I~wiEt~ l1•13~. IYCts aF t~L as recorded in Plat Book 16, page 12 ~~~s r~?X~ ~ of the Public Records of St. Lucie ~~t~; County, Florida. ` Together with the following items of property which are located in and permanently installed as a part of the im~rovementa on said land: RANGB: COLUI~ffiUS, MODffi. 34G, SBRIAL NUI~ffit 43849 ItANGB HOOD: MIAMI CARHY, I~qDSL 3730 SPACE HBATBR: FORSAIRB, MUDBI. 465F The eapress enumberatian of the foregoing items shall not be deemed to limft or restrict the applicability of any other language describing in general terms other - property intended to be covered hereby. , i State Documentary Stamps affixed to the original note and cancelled. ; • j Together with all structures and improvements now a~xi hereafter on said land, and fiatures attached thereto, and aU rents, issues. ~ proceeds, and profits aceruing and to acerue from caid pr~mius, all of which are inelwied within the foregoing deseription and the s habendum thereof: alw all gas, titeam, electric, water, and olhrr heating, awAing. refrigerating, IighUng, plumbing. ventilating, irrigating, I anJ powtr syctems, machines, ~ppliances. fixtures, and appurten~nces, Nhich nov? are ur map hereafter pertain to, or be used with, in, or ~ un ~aiJ premises, even though Ih~y be detachcJ .x detachable. ~ TO HAVF AND ~TO HOLD Ihe same, together w~th all and singular 1he tenements. hereditamrnts anJ appurtenan~es thereunto belonging or in anywise apperta~ning, anJ the rcversian and revenioa~. remainder or remainders, rents, i~+ues, and profits thereof, anJ g alw ~U thr estate. right, title, interest, homesteaJ, Jower arxl right of dower, separate estate, posses~iun, claim anJ demand whatwever, as ~ well in law as in oquity, of the said mortgag~ in arni to the same, anJ every pan thereuf, with the appurtenancrs uf the said mortgagor in ~ and to the same, and evrry part arxf parcel thereof unto the tiaid mortgagee in fee simple. And the mortgagor hereby cunvenants with the mortgagee that he is indefea~ibl~ seized uf ,aid land in fee simple; lhat he has ful! power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawtul (or the mortgagee, at all times peaceably and quieUy to enter upon, hold, uccupy. arni enjoy said IanJ, and every part thereof: that the larxf is anJ ~ill remain free from all rrKUmbrances: that saiJ mortgagor w•ill make ~uch further :usurances to pruve the fee s~mple title to s:iid larni in said mortgagee as may be reawnably reyuired, and that ~aid murtgagor d~ hereby fullp warrant the tiUe to caid land. and cvery part thereof, and Will defend ~he ~ same against the lawful claim~ of all persons whomsoever. : ~ PROV I~ED ALWAYS, and these presents are eaecuteci and delivered upon the folluwing corxiitions, to wit: i ~ Thc mortgagor agees to pay the mortgagee, or order, the princepaf sum of NINETEBN TIiOUSAND AND NO/100--- ~ Dollan (S 19~0~•00 ac evidenced by a note of even date herewith, wi~h interest from date at the rate of BgVeII per centum ( 7 ~ro ) per annum on the unpaiJ balance ~ unt~l paid. Tl~e said p~incipal and interest shall be payable at the office o( $tOCj~tpII ~{~Igtley, Davin ~ CO~pBA}~ ~ ~ 1Q0 West Bay Street, Jacksonville, Florida : ur at such other place as the holder of the note may designate in w•riting, in monthly installments of ~Ng ~~+Y- ? . = Dollars IS commencing on ~ # SI% and 54/100 126.54 ; the first day of Au~st . 19 72, and on the first day of each month thereafter unti) the principal ; ~ 3nd interest are fuUy paid, etcepi that the final payment of princ~Pal and interest, if not sooner paid, shall be due and payable on the first ~5 ~ ~ day~ oi July ~ 2002 • And shall duly, promptly. and fully perform. discharge, execute, effect, comptete, and comply with and abide by each and every ~ the stipulations, agreements, conditions, and covenants of said prom~ssory note and of this mortgage, then this mortgage and the cstate ; hereby aeated shall cease and be null and vad_ ~ :1nd the mortgagor further a~venants as follows~ ~ 1. That he will pay the indebteclnes.s. as hereinbefnre providecl. Priviiege is reserved to pay the debt m whole. or ~n an amount equal ~ to une or rrw~re monthly payments on the principal that are next due on the note. on the first day of any month prior to maturity: /Yuvided, ~'fr however, that wriuen notice of an inteniion to exercise such privilege is given at leasl thirty ~?01 days prior to prepayment; anJ. provided fur~her, that in the event the Jebt is paid in full prior to maturity and at that time it is insured under the provisions of the National ~ ~ Nousing .Act, he will pay to the rnortgagee an adjusted premium charge of one per centum 11 ~k 1 of the original principal•amount thereof, ~ except that in no event shaU the aJjusted premiurn etceecl the aggregate emount of premium charge+ which would have beeo payable if the mortgage had continued to be insured until mawrity; such payment to be applicd by lhe mcxtgagee upon its obligation to the Socretary of ~ Housing and Urban Development on account of mortgage insurance. ~ U R~~~ ~~S ~NSTRUMENT PqEPARED ev: Wglter E. Davis BGOR F~GC ABSTRACT 8c TITI.E CORP. OF FLA, 2~ i. !ND iT_ FORT PI[RC[. FLORIDA ~ ~ ~ a..`d~y^-s i 'x-} a3v'...~-,~," .f- ~ s ~rc 4-°~,`-`- ~f-' ~ ~ _ ~ _ ,z~~~ _ _ . ~