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HomeMy WebLinkAbout0317 i ~i ~ . ,-s,~-18,653~ ~ SWD # 959915 ~ ; STATE OF FLORIOA ~3~0~9 This fam is used in cannection ` FHA FORM NO 2110 m with mortgages insured under the t Revised May 1971 one- to four-tamily provis+ons of : the National Housing Act. ! ~ -w,Nt r~rGw+ I ~Ni~y ~y ~ "'"1°K ~ i~ZORTGAGE ~ ~ ~ W~7~ y ~IAWVK i ~,~p py~tE4 1i•l~. IICI'S Of 1l1~~~„? s Ipt',EI1 POITM~ ~ : ~T ~T, S~. WC1E Ca. ~ f ~HIS MORTGAGE, dated ~he jgt day of JuI1E . A. D• 19 ~2 , by and ? be,ween ALICB G. O~W~IS, a married woman , ; . hereinafter called the m~tgagix, anJ : ; STOCKTON, WNATLEY DAVIN..& OO~ANY ` , a axpor~tion organ~ceJ an exisung under the laws of State of Florida . hereinaCter callai the mortgagce, WITNESSETH, that for divers good and valuable consid~ratians, a~xi also in consideration of Ihe aggregate tum namal in the prumis.wry note hereinafter descril+c~i, the said mortgagor does hereby grant, bargain, sell, alien, remise, relase, eonvey, and con6rm unto the said mortgagee all Ihat certain piece, parcel, or tract of land of which ~he said morlgagur is now seized and p~es.,~d and in actual possessioo, situate in the county of $t . Lueie and State of FloriJa, Jescrib~vi as follows: Lot 1b8, Sheraton Plaza, Unit Three, Replat according to the Plat thereof as recorded in Plat Book 16, page 12 of the Public Records of St. Lucie County, Florida. Together with the follo~ring it~s of property which are located in and permanently installed as a part of the improvemeats on said land: - RANGE: COLUI~US, MODffi. 34G, SFRIAI. NU1~8R 43878 RANG$ HOOD: MIAMI CARb'Y, MiODffi. 3730 SPACB HBATBR: FORS~!?IRB, HODffi. 465F The express enwnberation of the foregoing items shall uot be deemed to limit 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 cancelled. i Together with all structures and improvements nov?~ and hereafter on said land, and fixlures attached thereto, and all rents, issues, E proceeds, and profits xcruing and to accrue fmm said premisec, all of uhich are included within the foregoing description and the ! habendum ihereof: alu~ all gas_ +team, elcctric. watcr. and other heating. c~x.king. refrigerating, lighting, plumbing. ventilating. irriga~ing. E and power tiystems. machines. appGancc~. fi~ture,. and appurtenancec. ~hich nuw are or may hereafter pertain to. or be useci with. in, or ~ on said premities, e~rn though they t+e detached ur detachablr. ~ 'TO HAVE 1ND 'I~n HOLD the .amc_ tugether with all and cingular th~ tc~ements_ hereditaments and appunenances thereunto ~ helonging ~x in an}Nise ap~+erta~ning. ~nd the rrvrrcion ~nJ re~rn~unc, rrmamder or remainders. rents. icsun. and profits thereof, and also all the e~t~tc. right, tiUc. ~ntere~t, homesteaJ, dower :~nd right of duwer, separ~te cstate, pos~ession. claim arxl Jcmand whatsor~er. as w~ell in law~ :tt in eyuity. uf thc ~aid mortgag~x in and to the camt, and e~~ery pan thereof, wilh the appur~enances uf the said rtwrtgagor in and to the same. arxi every p:ut and parcel thereuf unto the said mortgagec in fee simple. And the rtx~rtgagor hereby ~onvenantc w ith the mortgagee that he i~ inJefe:?~ibly ,eiieJ uf caid land in fee simple; that he has full . power and lawful right to convey the same in fee simple as aforesaiJ: that it shall be lawful for the mortgagee, at all times peaceably and yuietly ta enter u~xin. hulJ. ~xcupy. and enji~y wid land. anJ rvery part thrreof: that the land i~ anci will remain frre from all cncumbraoceti; tha~ .aiJ m~xtg~gix will maAe ~uch further a~wrances to prove the fee simple tide to saiJ land in +aiJ mortgagce as may t+c rea:a~nahly requireJ. and that .aid rrwrtgagor d~~ hrreby fully warrant the ~iUe to ,aid land. and rvery part thereof. a~d will defend the wn~e agaimt the lawful cla~mti of all perxim whomwever. PROV IDED ALW:11`S. and theu presents are executeil anJ Jeliverrd uEx~n the folluwingcondit~ons, to wit: ~ The mortgagor agees to pay the mongagee, or order, the principal sum of NINETEEI~1 THOUSAND ~10 HUNI~ED & N0~100 Dollars IS 19,200.~ ~ l. as evidenceJ by a note of even date herewith, with interest from date at the rata of seven pcr centum 1 ] 1 per annum on the unpaiJ balance ~ until paid. "1 he wiJ principal and interest shall be payable at thr office of $tOCiCtOIt ~ Whatley, Davin ~~0~8I1y~ ~ 100 ~lest Bay Street, Jacksomille, Florida ~ or at wch ather place as [hr holder of the note may designate in wTiting, in monthly installments of ONE HIJNDRED 11rIffi~1TY~ ~ SBVSN AND 87/100 ~Ilars IS 127.87 commencing un ~ the first Jay of . 19 72, and on the first day of each rtwnth ihereafter until the principal August ~ arxl interest ~re fully paid, except that the final pay ment of principal and interest, if not xwner paiJ, sh:?II t±c due and payable un the first day o( July ~ 2002 And shalt duly, promptly, and fully perform, dixharge, execute, efTect, complete, and comply wiih and abide by tach and every the stipulatiuns, ageements, conJitions, and covenants of said promissory note anJ of this mortgage, then this mongage and the estate hereby createJ shall cease anJ be null and void. .4nd the nwrigagur further ~urenants ati folluw~: L I hat he wdl pay thr irxlebteJnesti, a+ here~nbefure prov~JeJ. Pri~ilegc is rexrveJ tu pay the Jeht in Nhule. or in an amuum equal ~ tu one or nk~re nwnthly paymrnt~ on the principal that are next Jue un the noir, on thc first day of •rny monih prior to maturity: I'roriJed, ~ howevrr, that ~ ritten nutice of an intentiun tu eaercise such privilegr is gi~•rn at le:,.~ thirty i}01 Jays prior to prepayment: and. pruvided ~ further_ that in ~he evcnt the deM is paid in fult priur to mawrity anJ at thnt time it is insured under the provisions uf the '~atiunal Nousing Act. hr will pay tu the mortgagee an a~ljusted premium charge of one per crntum 11 ~k 1 of the original principal amount thereof: ~ except that in nu evcnt shall thr aJ~usted premium exceeJ Ihe aggreg~te amount of premium charges which would havt been payable if the mortgagc haJ rontinued to be ~nwred umil mawrity: such paymen~ to be :?pplied by th~ mortgagee upon its oMigation to the Sccretary of ~ Housing and l:rhan Development on account of mortgage iruurance. ~„]altgr E. D8V~8 > ~ 7W8 IN~uME~'~T PR~ARlD BY: - ~ ~ f~ Q ABSTRACT & TITLE CORP OF FIA. ~n t, 20S S. 2ND ST. FORT WERCE, FIOR~~A ~ ~~~~X f'V~ ~~~~c ~ ~ - ~ ~~j~ ~ , . .,.,s_.._ ~