HomeMy WebLinkAbout1132 ~~~5 . ~ ST-19,614
~,i~ SND # 959922
STATE OF FLORIDA 0
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~1~'~ This form is used 'e~ connection
FHA FORM NO Z110 m ~S~ with
R~vls•d Moreh 1972 ry~. _Q~ ~8ages 1nSUred under the
one- to fou~-family provisior~s of
~ the Natipwl Housi~g Act.
.
r~"` ~ MORTGAGE
a~'''
THlS MORTGAGE, dated the ~8t day of Augu8t , A. D. 1972 , by and
betwetn PATSY MAY OOLLINS , a s ing 1 e womau .
hereinsfter called the mottsagor, and
3TOCICrON, W}ITLBY~ DiAVIN, 6 O~MPANY
. a corporation o~ganized and existing under the laws of
State of Florida , nereinafcer cal~ea che mortgagee,
WITNESSETH, that for dive~s good and valuable considerations, and aiso in consideration of the aggregatt sum named in the
promissary aote hereinaftc~ dacribed. the said monaagor does fxreby gra~t, bargain. sell. alien, remise. relase. convey. and ooafirm unto
the said mortgagee all that certai~ piece, parrel, or tract of land of which Ihe said rrwngagor is now seiud a~?d poss~sed and in actuai
posscssio~. situate in the county of
St. Lueie and State of Florida. described as fdlows:
Lot 213, Sheraton Plaza, Unit TGree, Replat,
according to the Plat thereof as recorded in
Plat Book 16, page 12 of the PubZic Becorde
of St. Lucie County, Florida.
Together with the.following ite~s of property which are located in and
permaaently inatalled as a pa~t of the inprovements an said land: -
BANGB: OOLUl~US, MODffi. 34G, S~IAL NUt~~ 42020
RANGB HOOD: IiIAMI C1lRBY, ?!~D$I. 3730
SPACB ~ATSB: FORSAIRB, HODffi. 465F
The express enumberation of the foregoing items shall n~t be deemed to limit or
reatrict the applicabi2fty of anp other 1$nguage describing in general terms
other property iatended to be covered hereby.
State Docwnentary Stamps affixed to the original note and cancelled.
Together with all structures and improvements now and hereafter on said land, and fixtures atWched thereto, and all rents. issues.
procceds, and profits accruing and to accrue trom said premises, all of which are included within the foregoing dacription and the
habendum lhereof: also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
and povrer systems, machines, appliances, fiatures, and appurtenances, which now are or may haeafter pertain to, or be used with, in, or
on said premises, even though they be detached or detachablc.
TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto
belonging or in anywix appertaining, and the reversion and reversions. remainder or remainders, rents. issua, and profits thertof, and
also all the estate, right, title, interest, homatead, dower and right of dower, xparatc estate. possession, claim and demand whatsoever, as
we11 in law as in aquity, of thc said mortgagar in and to the same, and every part thereof, with the appurtenances of the said mortgagor in
arni to the same, and every part and parcel thereof unto the said mortgagee in fee simple.
And the mortgagor hereby convcnants wiih 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 as aforesaid; that it shall be lawful for the mortgagoe, at all dmes peaceably and
quielly to enter'upon, hold, occupy, and enjoy said land, and every part the~eof: that the land is and wilt remain free from all
encumbrances: that said mortgagor will make such furiher assurances to prove the fee simple title to said land in said mortgagee as may be
reasonably required, aed that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and will defend the
same against the lawful claims of all persons whomsoever.
PROV IDED ALWAYS. and these presents are executed and delivered upon the folbwing conditions, to wit-
The mongagor agrees to pay the mortgagee, or order, the principal sum of BIGHTSEN THOUSAND AND NO/100
Doltars IS j$ ~QQ() ~QO as evidenced by a note of even date herewith, with interest from date at the
rate of eeven per cenmm t 7 per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the offxe of StOCiCtOA ~~iHtZE~}1 ~ Davin bc (;OIpp8II~1 ~
100 ~ieet Bay Street, Jacksomrille, Florida
or at such other place as the holder of the note may designate in writing, in monthly installmenu of Qj~$ ~$D N~NSTgI~,j
AND 88/100 Dollars (S 119.88 commencing on
the first day of September . ~9 7Z, and on the first day of' each month thereafter unti! !he principa!
and interest are fully paid, eacept that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first
day of August ~ 2002 •
And shall duly. promptly, and fully perform, discharge. execute, effcct, complete, and comply with and abide by each and tvery
the stipulations. ageements, conditions, and covenants d said promissory note and d this mortgage~ then this rtwrtgage and the estate
hereby created shall ccase and be null and void.
And ~he mortgagor further covenants as follows:
I. That he .cill pay the indebtedness, as bereinbefore provided. Privilege is rescrved to pay the debt in whole, or in an amount equal
to one or more rtwnth(y payments on the principai that are next due on thc note, on the first day of any month prior to maturity: I'ro?•idrd. ~
how•ever, Ihat written notice of an intention to exercise such privilege is given at least thirty 130) days prior to prepayment: and, provided
further. that in the event the debt is paicl in fu11 prior to maturity and at that time it is insured under the provisions of the National
Nousing Act, he wilt pay to the mortgagee an adjosted premium charge vf one per centom (1 :1 of the original principal amount thereof.
e~cept thal no adjusted premium charge shall be due or payable ~.here paymeat in lu:l ~s made after the due date o1 the 120th
scheduled payment and in no event shall the adjusted premium e:ceed the aggtegate amount of premium chat~es which would have
Lcen payable if this ~lortgage had contioued to be insured uotil maturity, such payment to be applied br the mortgaRee upon its
obli~tation to the Secretan• of HousinR and Crban Development on account of mortgage insurance.
Cf~~~ r+~s ~NSrnuMn+r PREPARED ev: ~alter F_ navie
g~RK ~5 Ya ABSTRACT ~ TtTLE CORP. OF Ft_l1
_ 200 8. 1N0 ST. i01{T PIERCE. FLORiDI.
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