HomeMy WebLinkAbout2832 • ~3922?~ ST-19, 612 SWD # 962042
STATE OF FLORIDA
FHA FORM NO Z110 m whth awrt ~s used in con~ection
- gages i~sured unde~ the
R~vls~d Morch 197~ one- to four-lamily provisions of
the National Housing Act.
MORTGAGE
THIS MORTGAGE, datod the 18t daY ~ Augu8t . A. D. i9 72 , by and
~~w~n JEROI~ F. WIISON and ANNSRBATHA MIISON, His i~life ,
hereinafter called ehe mortgagor, and
STOCKTON ~ WH~lITLSY~~~
a~on ro
g~ea aad existi~g under the laws of
State of Florida . hereinafter called the mongagee.
WITNESSETH, that for divers good and valuable considerations, and also in considaatio~ ot the aggregatc sum namcd in the
promissory note hereinafter desc~ibed. the said mortgagor does hcrcby graat. bargain, sell. alien, remix, relase. convcy, and confirm un:o
the said mortgagee all that certain piece, parcd, or tract of land of which the said mortgagor is now seized and posxssed and in acwal
possession, situate in the counry of '
St. Lueie and State of Fiorida, dcscribed as follows:
Lot 177 of SHBRATON PIAZA, UNIT THItSE, RBPLAT,
according to the Plat thereof as recorded in
Plat Book 16, page 12 of the Public Records of
St. Lucie Countq, Florida.
Together with the foll.owing items of property which are located in and permanently
installed as a part of the improvemente on said land:
RANGB: COLUI~BUS, MODffi, 34G, SffitIAI. NUi~BSQ 43882
RANGE HOOD: M7,AMI CARIiY, 1~t~Dffi. 3730
SPACB HBATBR: FORSAIRB, MODffi. 465F
The express enumberation of the foregoiug ite~s shall not be deemed to limit or '
restrict the applicability of aay other language deseribing in general terms other
property intended to be covered herebq.
State Documentary Stamps affixed to the original note and cancelled. i
F
Together N•ith all structurn and improvements now and hereafter on said land, and fiatures attached thereto, and all rents, issues,
pmceeds, and profits accruing ancl to accrue from said premises. all of which are included within the foregoing description and the
habendum thereof: afw all gas. steam, electric, water, and other heating. cooking, refrigerating, lighting, plumbing, ventilating, ir~igating.
and pow~er systems, machines. appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or
un said premises, e~~en though they be detached or detachable.
TO HAVE AIVD "TO HOl_D the same, together with all and singular the tenements, hereditaments and appurtenances thereunto
belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders. rents, issues, and profits thereof, and
also all the estate, right, titte, interest. homestead, Jower and righ[ of dower, separate euate, possession, claim and demand whatsoever, as
well in law as in equity, of the said mortgagar in and to the same, and every part thereof, with the appurtenances of the said mortgagor in -
anJ to the same, and every part and parcel thereof unto the said moftgagee in fee simple_
And the mortgagor her~by convenants with the mongagee that he is inde(eesibly seiced uf said IanJ in fee simple; ~hat he has full ;
power and lawful right to convey the same in fet simple as aforesaid: that it shall be Iawful for the rtwrtgagee, at all times peaceably and
quietly to enter upon, hold, occupy, and enjoy said IanJ, arni every part thereof; that the lancl is anci w~ill remain free from all
encumbrances: that said rrwrtgagor wil! make such further assurances to prove the fee simple title to said land in said mortgagee az may be -
reawnably requirecl, and that said mortgagor does hercby fully w•arrant the ti11e to said land, and every pan thereof, and w ill JefenJ the ;
s:~me against the lawful claim~ of all persons whomsoever_ -
PROV IDED ALWAYS. and these presonts are executed and delivered upon ihe tollowing conditions. to wit:
The mortgagor a~rees to pay the mortgagee, or order, the principa! sum of SBVF.NTBBN THOUSAND FIVB HUNDRED FIFTY
Dollars IS 1] ~~50.0~1 as evidenced by a note of even date herewith, with interest from date at the
rate of seven per ce~wm ( 7~k ) per annum on the unpaid balance -
until paid. The said principal and interest shall be payable at the office of $tOCictOA~ Whatley, Davin b Com~any, -
100 West Bay Street, Jacksomille, Florida
or at such other place as the holder of the note may designate in writing, in monthly installments of ONE HUNDRED ~
SIXTESN AND 88/100 Dollars (S I16.88 commencing on
the first day of September .~9]2 , and on the first day of each month thereafter until the principal
and interest are fulty paid, eacept that the final paymertt of principai and interest, if not sooner paid, shall be due and payable on the first
day of t~l1gt18C ~ Z~~2 ~
And shall duly, promptly, and fully perform, dischargc, execute, effect, complete, and comply with and abide by each and every
the stipulations, ageements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate
hereby created shall cease and be nult and void.
.~nd the mortgagor further covenants as follows:
I. That he vrill pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amaunt equal
tu one or more rtwnthly payments on the princiPal that are next due on the no1e. on the first day of any month prior to maturity: /'ruriAed,
however, that written notice of an intention to ezercise such privilege is given at least thirty 130? days prior to prepayment: and, proviJed
further. that in the event the debt is paid in full prior to maturity and at that time it is-insured unde~ the provisions of the Nationa!
Housing Act, he a iN pay to the mortgagee an adjusted premium charge of one per centum 1 I r~ ) of the original principal amount thereof.
except that no adjusted premium charge shall be due or payable ~vhere payment in tu:l is made a(ter the due date oi the 120th
scheduled payment and in no event shall the adjusted premium e:ceed tf?e aqgregate amount o( premium charges which w•ould have
b~Pn pa~•abie if this UortRage had coatinued to be iasured until maturity, such payment to be applied by the mottgagee upon its
obli~ation to the Secretarq of Housin~t and l~rban Developmen? on account of mort~age insurance.
~~j ~Q~ TH{S INSTHUMEN7 PREPARED Bv Walter E~ DaV~B ;
b(~:iK~+?v~i PAGEl.rV ,`,~(J ABSTf2ACT & TITLE CORP. OF FLA -
~ 208 S. 2ND 8T. /ORT PIERGE, FLORi[i1l
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