HomeMy WebLinkAbout1327 ~ .
~ ~.1 ` ' ;
•
2:3F3236 ~
STATE OF F~ORIOA
This fam is used in connection
FHA FORM NO 2110 m with mortgages insu~ed unde~ the
R~vis~d 6Aorch 1974 one- to fou~-famiiy provisio~s ot
the National Housing Act.
MORTGAGE
THIS MORTGAGE, datod the ~{t~i day of Aug118t . A. D. 19~2 . by and
be~W«~ Robert W. ReynoZds, Jr. and Judith Ma Reynolds, his wife ,
hereinaRer callod tho mortgagor, and
J. T. 8T$WART MiORTGAGB CaIPANY, INC. ~
. a corporation organitod and existing under the laws ot StBt! Of
Florida ~ he~einafler called the morigagee. .
WITNESSETN, tAat for divers good and valuable considcrations, and also in consideration of the aggregate sum namod in the
pramissory aote i~ercinafter dacribod, U~e said mortgagor does hereby grant, bargain. sell~ alien, remise. relase. convey. and confirm unto
the said mortgagee all that certain piece, parcel, or tract of Iand of which thr said mortgagor i~ now seized and possessed and in setual
possession, situate in the county of
St. Lueie and state of ~lorida, aescribed as fdlows:
. ~
~
~
Lot 10, Block 62, I1~KSWbOD PARIC, UNIT 6, se per p2at
thereof on file in Plat Book 11, page 7, of the Pub~ic
Records of St. Lucie County, Florida.
_ ~
' ~ .~0 1/ MYI~ Oi
MR ON aJISS ~C qfiAll~~lE 1'E11SOM~l ~~FRtY. ~
MfRSiMNT 1i0 ~1t A•LM. IICft ai l~lL mC~
~ N0~~4 ;
d~I G~IM1 a9Mf6 =T. WCIE 00, R~ '
;
~
t
s
State Documentary Stamps affixed to the original note and ~
cancelled. ;
i
Together with all structures and improvements now and hereafter on said land, and fixtures attachod thercto, and all rents, issues,
proceeds. and profits accruing and to accruo from saiJ premises, all of which are included within the ioregoing description and the
habendum thereof; also all gas, s!eam, electric, water, and other heating. cooking. refrigerating, lighting, plumbing, ventilating, irrigating, ;
ar?d power systems. machines. appliances. fiatures, and appurtenances, which now are or may hereafter penain to, or be used with, in, or ;
on said premises, even though they be detached or detachable. t
TO HAVE AIVD TO HOLD the same, together with all and singular the tenements, hereditaments and appunenances thereunto
t+elonging or in anywise appenaining, and the revenion and reversions, remainder or remaindrrs, rents, issues, and profits thereof, and -
also all the estate, right, title, interest, homatead, dower and right of dower, xparate estate, poasession, claim and demand whatsoever. az !
welt in IaK• as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in =
and to the same, and every part and parcel thereot unto the sai~ mortgagee in fee simpla '
And the mortgagon c~reby convenants with the mortgagee that he is indefeasibly seized uf said land io fee simple: that he has full
power and lawEul right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagce, at all times peaceably and
quietly to enter upon. hold, cecupy, and enjoy said land, arxi every part thereof; that the land is and will remain free from all
encumbrances: that said mortgagor will make such funher assurances to prove the fee simple tiUe to said land in said mortgagee as may be
reasonably required. a~d that said mortgagor dces hereby fully warrant the title to said land, and every part Ihereof, anJ will defend the ;
; same against the lawful claims of all pe~ons whomsoever. ~
! PKOV IDED ALWAYS. and these presents are exec~ted and delivered upon the folbwing conditions, to fvit: s
The mo~tgagor agrees to pay the mongagee, or order, the principal sum of s~~~~ Tg~~~ FZ~ ~D ~~1(~
Dollars IS 17~$00.~~ as evide~ed by a note of even date herewitb, with interat from date at the ~
~ rate of seven r centum ( 7 96) ~
pe per annum on the unpaid balance
until paid. The said principal and interes~ shaq be payable at the office of J.T. ST~BT KO$T(~~sE CQ'~PI~INY~ INC.
Suite 300-100 Miracle Mile, Coral Gables, Florida
or at such other place as the holder of the note may designate in writing, in monthly installments of OI'~ ~U1~TDRBD $I~$I'i -
aAd 55/100------------------------------- Dollars IS 116.55 1. commencing on '
the first day of September , 1972 , and on the first day of each month thereaRer until the principal
arxi interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first
day of a11$LiSt ~ 2~2 ,
And shall duly. promptly, and fully perform, discAarge, eaecute, efl'ect, complete, and comply with and abide by each and every
the stipulations, ageements. conditions, and covenants of said promissory note and d this mortgage, then this mortgage and the estate
hereby created shall cease and be null and void. ~
And lhe mortgagor further covenants as follows:
1. That he will pay the inclebteJness, as hereinbefore Qrovided. Privilege is reserved to pay the debt in whole, or in an amount equal
; to one or more monthly payments un the principal that a~e next due on the note, on the first day of any month prior to maturity: I'ro~•ided.
h~tvvever, that written notice of an intention to exercix such pri~ilege is given at least thirty 130) days pri~x to prepayment: and, provided
t~urther, that in the event the debt is paid in ful) prior to maturity and at that time it is insured under the provisions of the National
' Nousing Act, he will pay to the mortgagee an adjusted premium charge of one per centum f i~) of the original principal amount the~tof,
, except ihat no adjusted premiam charge shall be due or payable ~~~here payment in tu:l is made after 1he due date oi the 120th
srheiled payment and in no event shall the adjusted premium exceed the aggregate amount o( premium charRes vrhich would have
Le•en payable i( this ~IortRage had continued ro be insured until maturity, such paYment to be aPplied br the mortRagee upoa its
vbligation to the Secretary of 1lousinR and Grban DevPlopment on account of mortgage insurance.
~~~vW TM~s nv~rseuMtrir ~er~r+~ ev,~ W_alter E_. navis ~
ABSTi2AGT & TITLE CORP. OF FLA.
205 S. 2tiD ST. FORT i' =~~f ~~O?'^A
- -:z~ .,rt~ . . , - .:~s~
~ i~=~a ,..zrs~