HomeMy WebLinkAbout1168 ~~i. : l ST-1~,794 ~ SWD 958507 ~
STATE OF FIORIDA ~ ~ t~ ~ ~
FHA f cv ~ This fqm is used in connection
ORM NO Z110 m ~ls 23~26 with rtwrtgages inwred under the ~
R~~l~~d Abrcb 197~ one- to four-tamily ~rovisions of ~
the National Housing /kt. ~
.
c~ ~ MORTGAGE
a¢'`~
THIS MORTGAGE, datod the lgt day July . A. D. 19 72 . by and
becween I~lARy AI,ICg ggESg, a single adult .
hercinaflcr called the mortga~or. and
STOCI~ON, WHATLBY, DAVIN bc Wt~ANY
. a corporation orgaaizod and existing under the laws of
State of Floride w~~ ~ m~~• .
WITNESSETH, that for divers `ood and valuable co~ssideratioos, and also in comidaation of the aggregate sum named in the ~
promisaory note hereinatter described. the said mortsa~or doa Aereby p~ant. bu~aia. sell. alicn, reaase, relue, ca?vey, and coafi~m unto
che said mortgagee all that certain piece. parcel, or tract of land of which the said mott
~agor is now seizcd and Posse,ssed and in actuat - ~
posxssion. situate in the county of _
St . Lucie and Statc of Ftorida, dtscribed as fdtows: ;
Lot 224, Sheraton Plaz_a~Unit Thrae, Replat
according to the P1at thereof as recorded
in Plat Book 16, page 12 of the Public ~
Records of St. Lncfe Connty, Florida. ~
Together with the following 3tems of property which are located in and permanently ;
installed as a part of the improvements on said land: ;
3
. ;
RANGB: COLtJ1~US, MOD~. 34G, S~IAL NUI~HR 42014
RANGS HOOD: MIAMI CARSY, I~ODffi. 3730
SPACB HEATffit: FORSAIRS, t+fODBL 465F
The express enumberation of the foregoing items shalZ not be deemed to limit or
restrict the applicability of any other language describing in general te~nms
other property intended to be covered hereby.
State Documentary Stamps affixed to the original note and cancelled. -
Together with a!1 siructures and improvements now and hereafter on said land, and fixtures attached thercw, and all rents, issues.
proceeds, and profits accruing and to accruc from said premises, all oC which are included within the foregoing description and ihe
habendum thereof: also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
and power systems, machines, appliances, fiatures, and apputtenances, which now are or may hertafter pertain to, or be used with, in, or
on said premises, even though they bc detachcd or detachable. ~
TO HAVE AND TO HOLD the same, togethcr with all and singular the tenements, hereditaments anQ appunenances lhereunto
belonging or in anywise appertaining. and the reversion and reversions, remainder or remainders, rcnts, issues, and profits thereof, and
also all the estate, right, title, interat, homestead, dower and right of dower, separate estate, possession, claim and demand whatsoever, as
well in law as in cquity, of the said mortgagor in and to the same, and every paR thereof, with the appunenanca of ihe said mongagor in
and to the same, and every part and parcel thereof unto the said mortgagee in fee simple.
And the mottgagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full
power and lawful right to convey the same in fee simple u afon~aid; that it shall ~e Iawful for the mo~tgagee. at all times peaceabty and
quialy to enter upon. hold. cecupy, and enjoy said land, and every part thereof; that the land is and w~ll remain free f~om all
~ncumbranca: that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgaget as may be
reasonably required, and that said mongagor does hereby fully warrant the iitle to said land, and every part lhereof, anJ will defend the ~
same against the lawful claims of all persons whomsoever.
PROV IDED ALWAYS, and these prcsents are executed and delivered upon the folbwing conditions, to wit: ~
The mongagor agrces to pay the mortgagee, or order, the principal sum of 1~II1~tETEBN THOUSAND AND NO/100
Dallars (S 19 ~OQ~ .00 as evidenced by a note ot even date herewith, with interest from date at the
rate of seven per centum ( 7 5'c) per annum on the unpaid balance
until paid. The said principat and intercst shall be payabte at the office of $1'QCKTON ~ W~~ITLEY ~ DAVIN ~ COI~ANY, ~
lOQ West Bay Street, Jacksonville, FZorida ;
or at wch other place as the holder of the note may designate in writing, in monthly iratallments of ONB HUNDRBD ~
14IENTY-SIX AND 54/100 Do11ars (S 126.54 commencing on ~
~
the 6rst day of NtiguBt . 19 ~2 , and on the first day of each month thereafter until the principal
and interest are fully paid, except that the final payment of principa) and interat, if not sooner paid, shall be due and payable on the first ?
day of July ~ 2002 , `
And shall duly. prompUy. and fully perform, discharge. execute, effec[. complete. and comply with and abide by each and every
tha stipulations, agraments, conditions, and crncnanu of said promissory note and of this matgage, then this mortgage and the atate
haeby created shall cease aad be null and void. -
And the mortgagor further covenants as follows:
1. That he will pay the indebtedntss, as hereinbefore providod. Privilege is reserved to pay the debt in whole, or in an amount equal
to one or more monlhly paymenu on the principal that are neat due on the note, un the first day of any month prior to maturity: !'ro?•ided.
however, that written notice of an intention to exercix such priviiege is given at least thirty (301 days prior to prepayment; and, provided
further, that in the event tht debt is paid in full prior to maturity and at that time it is insured undcr the provisions of the National
Nousing Act. he will Pay to the mortgagee an adjusted premium charge of one per centum 1 I rk ) of the original principal amount thcreof,
e:cept that no adjusted premium charge shall be due or payable ~.here payment in IuJI is made after the due aate oi tne 120th ~
scheduled paymentand in ao event shal! the adjusted premium exceed the aggregate amouot o( premium charges w6ich would 6ave ~
been pay~able i( this ~lortgaRe had continued to be iasured until maturity, such payment to be applied bp the mongagee upon its
obliRation to the Secretary o( Housing and l3rbao bevelopment on account o( mortgage insaraace.
TMtB INSTRUMENT PRlrPARED BY:
80@J(~i~~~ F~6f~~,~~ Walter E. D~vis ~
ABSTRACT ~ TITLE CORP. ~F FLA
205 5. 2ND ST. FORT PICRC-. F''a )
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