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HomeMy WebLinkAbout0949 ~ , s•r-19,1?.4 ~l1*~ ~ ! StID ~ 962033 STATE OF FIORIDA ll ~y~ ~~I~~ l! - ~eJr, ~~S . This form is used in connection FHA FORM NO 2110 m J~ ~~tl~° q with mortgages insured unde~ the R~vis~d MorcA 1972 ~ ~0~~~~ o~e- to four-tamily provisions of ~C]?~~ ~~,E1?~`~ St. the National Housing Act. ` 356~1 ~t ~ wMORTGAGE ~ ~ THIS ~tORTGAGE, date~i Ihe lst day ot Jul} . A. D. 1972 , by and between 'lED PO'C1ER and JUA;~tITA YOT'l1iR, llis ~~ife • he~einafter called the m~xtgagor, and STOCI:POh, I~::~ATL~Y, DAVIi: & CO:li'r1i+`1 . , a corporation o~gamzed and existing under the laws of St3te of Floridahereinafter called the mortgagee, WITNESSETH, tha~ for divers good.and valuable considerations, and also in consideration of the aggregate sum named in the promissory note hereinaRer described, the said mortgagor does hereby gant, bargain, sell, alien, remise, relaze, convey, and confirm unto the said mortgagee all that certain piece, parcel, or tract of land of which the ~aid mortgagor is now seited and posussed and in acWal possession, situate in the county of St . Lucie and State of Florida, described as follows: Lot 173, Sheraton Plaza, L'nit ihree, Replat accordin~ to th~ Plat thereof as recorded in Plat Book 16, page 12 of the Public _ Records of St. Lucie County, Florida. Together with the following items of property whict~ are located in and permanently installed as a part of the improvements on said land: - RA::GE: COLl,i1B(3S, I10D~'L 34G, SFi'.IAL ::U:•~ER 41997 itA;:GE i:COll: :~iIA,~iI CAREY, :iOt~EL 3730 SPACE ?iEATER: FORSAI;tE, :;ODF.L 465F ;iie express enumberation of the foregoing items s~iall not be deecned to lir~it or restrict the applicability of any other langua~e describinb in generGl terc~s ott~er property intended to be covered hereby. SiAT": DOL'^~~:•:iA~~' S`1Ai~~S c:F`FZXE'J TO 'iHE (~RIGI::AL ;~:OTL Ai:D i:A~CF.LLED. I f Together w ith all uructures and ~mprovemrnts nuw arxi hereafter on ,aid land. arxi fixtores attached thereto, and all rents, issues. , i f pruceeds. and profits accruing anJ to accrue from ~aid premise~, all of Which are included within the foregoing descriptiun anJ the f habendum thereof: also all gas. steam. electric. water, and other hratin¢, ca~king, refrigerating. lighting. plumbing. ventilating, irrigating. ~ and poNer systems. machines, appliances. fixwrec. and appurtenarkes. which noK are or ma}~ hereafter pertain to. ur t+e used with, in. or un caid premises_ even though they t+e detacheei ~x Jetachat+le. TO HAVE :\ND "Tn HOLD the tiame. ~ogether with all end .ingular the tenements. hereditaments and appurtenances thereunto hrlonging or in an~wise appertaining. :+nd the reversion and reveRionc. remainder or remainders, rents. ~ssues. and profits thereof, and ~ also all thr rstate. right, title_ interest. homestead. Jower anJ right uf do~er, separate estate. {wssession. claim anJ demand whatsoe~•er. as weil in law as in equity. of the caid murigagor in arxi to the ~ame_ and every pan thereof, w•ith the app~rtenancec of the said mortgagor in ~ and to ~he same. anJ every part and parcel lhereof unto the said murtgagee in fee simple. And the mortgagor hereb~ conven•rnts with the mur~gager that he i, indefeasibly ~eited of said I~nJ in fee simple: that he has full ~ power and lawful right to convey the same in fee simple as aforesaid: that it shall t?e lawful for the mortgagee, at all times peactably and ~ quietly to enter upon, hi>Id. occupy. and enjoy wid land. and ever~ part thereof: that the land is and will remain free irom all encumbrances: that SaiJ rtxxtgagor will makr such further aswrarxec to prove the fre simple title to said larxl in said mortgagee as may t+e ~ reawnably required, and that said rtwrtgagor d~es hereb~ fully warr.int thr title tu said IanJ. and every part thereof. and will defenJ the came againu the lawful claiml of all perwns whomwever. ~ PROV IDED AI.WAYS. and these presents are executed and deliv~red upon [he following conditions, to w~it_ x The mortgagor agrees to pay the mortgagee, or order, the principal sum of SI}Ci'i.~i; tuOUSAi:D T470 iiU:•i~P.i:~ AiiD ;:G/100 ~ Dollars IS 16 ~200.00 as evidenced by a note of even date herew~ith, w~ith interest from date at the rate of seven per centum 1 7 "c ) per annum on the unpaid balance ~ until paiJ. The said principal and ~nterest shall be payable at the office of $TOC~:TO:v ~:3~i~TLE.' ~ DAVII~ L~c COiIPArT1 ~ ~ 100 ~:est Bay Strect, Jacl;sonville, ~lorida ~ ~~r at ~uch othtr place at the holder uf the note may designate in writin$, in rtx~nthly installments of C:::. 1:~ .+DRED ~ , ~ _ Dollars~S 177.89 ).commencingon ~ Si;t r . 34/10., ~ the first day of Seotcmber . iv ?2. andon the first Jay of each rtwnth thereafter until the principal ~ and interest are fully paid, except that the final payment of principal and interect. if not sooner paid, shall be due and payable on the first ~ d ~ Jay of 1ill ~USt ~ 2002 . And shall duly, promptly, and fully perform. discharge, execute, efTect, complete, and comply w~ith arxi abide by each and every ~ the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate ~ hereby created shall cease and be null and void. ~ AnJ the mor~gagor further covenants ac foUuMti: I. ~hat he will pay the indebtrJne~.. -s+ hereint+efure pruviJcY1. Privilege ic recer~~ed to pay the Jebt in whole, or in an amount equal ~ tu unr ur rrWre itx~nthly payments on the principal that are ne~t due on the note. on the first Jay of any month prior to maturity: Pro~•iJed. huwever. that written notice of an intenlion to etiercise w~h privilege i~ given at leau thirty 1301 daqs pricx tu prepayment_ and. pro~•iJed ~ further, that in the event the debt ~s paiJ in full prior ta maturit~ and at that time it is insured under the provisions of the National ~ Nousing .ait. he N ill pa~• to the mortgagre an adju~ted premium charge of ~~ne per centum 1 I~r 1 of ihe cxiginal principal amount lhereof, ~ e~cept that no adjusted premium charRe ~hall ~e due o~ pa}able ~.here pa~ment in lu:l is maAF after the due date oi tee 1120th ~ scheduled payment and in no ~~'ent ~hall the adjusted premium F~ceed the a~Rregate amount o( premium char~¢es Nhich N~ould ha~•e ~ b~~~•n payable if thi. ~1ortRaRe had continued to b~ in~ured until maturit~, such pa}•ment to be applied b~• the mort~ra~ee upon itc ~ ~ obli¢ation to thF ~c~cretary of Hou.inR and I rban 1)~•.elopmPnt on account o( mort~agc insurance. ~ ~ V~8 o TFIIg tNSTRUMENT PREPARED HY: GL•~.r ~O~ ~A~L ~4tJ ABSTRACT & TITLE GORP. OF FLA ~ 205 5- ~ND 5T. iORT PiE~~-~ F~OH~DA = ~ ' ~ ~ ~r.~icd .r~.. . v _ . ~ _ _ . - w'~