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HomeMy WebLinkAbout0762 ~ . ~ ST-19,530 • ` SWD # 958294 STATE OF FLORIDA 235S19 This form is used in con~ect~on FHA FORM NO 2110 m with rtartgages insured under the R~vls~d Morch 197~ one- to four-family provisions of the National Housing Act. MORTGAGE THiS MORTGAGE, datod the 18t day of Au$u8t . A. D. l9 72 . by and becwecn VIBGINU H. BRADLBY ~ a single ~roman . hereinafier called the mortgagor, and STOCiCTON, WHATLBX, DiAVIN ~ OOZ+~ANY . a cwporation organiud and existing unde~ the laws of State of Florida . hcreinafter callod the mortgagee, WfTNESSETH, that for divers good and vaiuabte considcrations, and alsa in considcration of the aggregate sum named in the promissory note hereinatier described. the said mcsrtgagor does hereby grant. bargain. seA, alien. remise. relace, comey. and confirm unto the said mortgagee all that ceRain piecr, parcel, or trxt of land of which the said mongagor is now seized and possased and i~ acmal possession, situatt in the county of St . Lucie and State of Florida, dacribed as follows: Lot 203, Sheraton Pla~a, [Jnit Three, xeplat according to the Plat thereof as recorded in Plat Book 16, page 22 of the Public Records of St. Lucie County, Florida. Together ~ith the folloWing items of propertq Which are located in and permanently iastalled as a part of the improvements on said land: RANGB: OOLUI~US, l~Dffi. 34G, SIItIAL N[JI~iBBR 42039 BANGB HOOD: MIAMI CAREY, MDDffi. 3730 SPACB HBATffit: F08SAIRS, MODffi. 465F The expreas enumberation of the foregoing itema ahall not be deemed to limit or restrict the applicabi2ity of any other language describing in general terms other ; property intended to be covered hereby. o 3~_ IN PAYIAD~R OF TAxES DI~ dl ClAS3 "C N(I~~ ~ PR~~. ~tr ,A qws~x na~, ~s oF ~y~~. rtoc~ pa~ cemc a~ wc~ oo~ State Documentary Stamps affixed to the original note and cancelled. Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto. and all rents. issues, proceeds, and profits accruing and to accrue from said premises. all of which are included within the forcgoing descriptiun and the habendum thereof: also all gas. steam. electric, water, and other heating. cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances. which now arc or may hereafter penain to. or be used with, in, or on said premises, evon though~they be detached or de~achable. TO HAVE AND TO NOLD the same. together vuith all and singular the tenements, hereditaments and appunenances thereunto t+elonging or in anywiu appertaining, and the reversion and ~eversions, remainder ar remainders, rents, is~urs, and profits thereof, and atso all the estate, right, title, interest, homestead, dower and right of dower, separate estate, posse~ion, claim and demancl whatsoever, as well in law az in equity, of the said malgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in arxi to the same, and every part and parcel thereof ~nto the said mcxtgagee in fee sirnple. ' And the mortgagor hereby convenants vrith Ihe mortgagee that he is indefeasibly seized of said land in fee simple; that he has full power and tawful right to convey the same in fee simple as aforesaid; that it shall be Iswful for the mortgagee, at al( times peaceably and yiiietly to enter upon, hold, occupy, and enjoy said land, aixi every part thereof; that the ian~i is and wiU remain free from all ~ncumbrances: ihat saiJ mortgagor will make soch turther assurances to prove the fee simple title to said land in said mortgagee as may be reawnably required. and that said mortgagor does hereby fully warra~t the tiUe to said land. and every part thereof, and w~ill defend the same again~t the lawful claims of all persons whomscever ~ PROV IDED Al_WAYS. and these presents are eaecuted and delivered upon the following conditions, to wit: The mortgagor agrees to pay the mortgagee, or order, the principal sum of BIGHTBBN THOUSAND AND NO/100 Dollars IS 18~QQQ.QQ as evidenced by a note of even date herewith, with interest from date at the rate of seven per centum ( ~`k) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of $'rQCjC~Qp~ S~NTj,$Y~ j~VjM 6(30j'IPANY~ 100 ~Test Bay Street, Jacksonville, Florida ur at such other place as the holder of the note may designate in wTiting, in monthty installments of ONE HIJNDRBD NINBTSEN atld 88/100 Dollars 1S 119.88 commencing on the first day of September , 19~2 , and on the first day of each month thereafter until the principal and interest are fully pa~d, txcept that the final payment of principal and i~terest, if not sooner paid, shall be due and payable on the fint - day of August ~ 2002 . And shall duly, promptly, and fully perform, discharge, execute, eRect, complete, and comply with and abide by each and every the stipulations, agreements, conditions. and covenants of said promissory note and of this mortgage, then this mongage and the estate hereby created shall cease and be null and void. And the mortgagor further covenants as follows: I. fhat he w~ill pay the indebtedness. as hereinbefore provided. Privitege is reserveci to pay the Jcbt io whole, or in an amount equal tu une or more monthly payments on the principal Ihat are next duc on the note. on the first day of any month prior to maWrity: /'ruriJrd. huwever, thal v?ritten notice of an intention to exercise wch privilege is given at least lhirty 1301 days prior lo prepayment: snJ, provided further, that in thc evant the debt is paid in fulf prior to matority snd at that time it is iosured under the~provisions of Ihe Natiunal Huusing Act, he will pay to the mortgagee an adjusted premium charge of one per centum 11'". 1 of the original principal am~wnt thereof. ~xcept that no adjusted premium charRe shall be due or pavable ~.hete pa)meat in tu:l ~s made after thc due da!~ oi the I20ih .c~heduledpa vment and in ao event shall the adju~ted premium exceed the aRRregate amouot o( pre=mium chatRes r.hich would have b~~n payabin if this 1lortgagP had continued to be insured until maturity~ such payment to be applied by the mortgaRee upon its obli~ation to the Secretary of IlousinR and I~rban De~elopment on account of mortgage insurance. Wslter E. Davis THif~ IN57RU~tENT PR£o~.RfD 6V: BOer ~5 F,iGE 76z os ~ 2NO ~ T'T~o T P1E CEpFLO ~ ~ ~ E::>: . _ _;r _ . . : , , _ ~