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STATE OF ~LOR10A
This tam is used in connection
FHA FORM NO Z110 m with mortgages insured under the
R~vis~d A4o~ch 197? one- to four•family provisions ot
the National Housing Act.
MORTGAGE
THIS MORTGAGE, datod thc lst daY ~ AuguSt . A• D. 1972 , by and
betwoen LOUIS IdILLIAt~iS and SALLY L. WILLIAMS ~ His Wife •
hereinafter callal the mortgagor, and
STOCICfOP:, W~tATLEY, DAVIN ~ CO;lPANY
. a corporation organizod and existing under thc Iaws of
State of Florida .hercinaftercalledthemortgagee,
~VITNESSETH, that for diven good and valuable considerations, and also in consideration of the aggregatc sum named in thc
promissory note hereinafter described. the said mortgagor daes hereby gant, bargain, sell, alien. ~emiu. relue. convey, and confirm unta
the said mortgagee all that certain piece, parcel, o~ tract of land of whith the said mortgagor is aow seized aitd possessed and in actual
possecsion, situate in the county of
S t. LuCi e and State of Florida, dacribed as follows:
Lot Z7b, Sheraton Plaza, Unit Three, Replat
according to the Plat thereof as recorded
in Plat Book 16, page 12 of the Public
Records of St. Lucie County,Floxida. .
Together witl? the following items of pxoperty which are located in and
permanently instalied as a part of the improvements on said land:
itA,VGB: COI.L)MBtTS, MODEL 34G, SERIAI. NUt-BER 42006
RANGE HOOD: MIAriI CAREY, ~iODEL 3730
SPACE HFATER: FORSAIRE, ~IODEL 465F
The express enur.iberation of the foregoing items shall not be deemed to limit
or restrict the applicability of any other language describing in general terms
other property intended to be covered hereby.
STATE DOCUi'~fEI~TARY ST~12lIl'S E,FFI.~~ TO THE ORIGI,~AT. I:OTE AIiD CAa'~1CELLED.
Together with all structures and improvements now and hereaRer on said land. and fixtures attached thereto, and all rents, issues,
proce~is, and profits accruing anJ to acerue from said premises, all of which are included within the foregoing description and the
habendum thereof; also all gas. steam. etectric, water, and other heating, caoking, refrigerating. lighting, plumbing, ventilating, irrigating,
anci poNer systems. machines. appliances. fixtures, 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 detact~able.
TO HAVE A1VD TO HO[_D the same, togethcr with aN and singular the tenements, hereditaments and appunenances thereunto ~
helonging or in anyx•ise appertaining_ and the reversion and reversions, remainder or remainders. rents, issues, and profits thereof, and
also aU the estate, right, tiUe. interest, homestead, dower arni right of dower, separate estate, possession, claim anci demanei w•hatsoever, as
well in law~ as in equity, of the said mortgagor in and to the same. artd every part thereof, witn the appurtenances of the said mortgagur in
~nJ to the same, and every part and parcel thereof unto the said mortgagce in fee simple.
And the mortgagor hereby convenants w•ilh the mortgagee that he is indefeacibty seited of laid tanJ in fee simple: that he has full
power and lawful right to convey the same in fee simple as aforssaid; that it shall be (awful for the mortgagee, at all times ~eaceably and
quieUy ta enter upvn. hold, occupy, and enjoy said land, and every part thereof: that the lar?ci is arxi will rem3in free from all
encumbrances; that said mortgagor will make such further assurances to prove the fee simple title to said lanci in said mortgngee as may t+e
rea.unably reqaireJ, and [hat saiJ rrwrtgagur does hereby fully warrant the title to said lancl, and every pArt thereof, and w•ill defend the
wme against the lawful claims of all perso~s whomsoever.
PROV IDED ALWAI'S, and these presents are ezecutod and delivered upon the folbwing conditions, to wit:
The mortgagor agrees to pay the mortgagee, or order, the principal sum of NIP;E'PE~T: THOUSA:ID AIvD '.~0/100
Dollars IS 14 ~ 000 .0~ as evidenced by a note of even date herewith, with interest from date at the j
rate of SeVBri per ccntum 1 % ~k ) per annum on thc unpaid balance
until paid. The said principai and interest sha11 be payable at the office of StOCktOII ~ Whatley, Davin ~ Company, - -
100 Taest Bay Street, Jacksonville, Florida
or at .uch other place as the holder of the note may designate in writing, in monthly installments of CI:E HLR~TJRE~ 1'WEIdTY-SIX
and 54/100 ~IIarsIS 126.54 l.commencingon
the first Jay of September • ~972 , and on the first day of each month thereafter untit the principal
anJ interest are fully paid, ezcept that the final payment of principal and interest, if not sooner paid, shalt be due anct payable on the first
day of August ~ 2002 •
And shall duly, promptly, and fully perform, discharge, execute, efiect. complete, and comply with and abide by each and every
the stipulations, agtements, conditions, and covenants of said promissory note and of this mortgage, thon this mortgage and the estate
hereby created shall cease and be null and void_
.-ind Ihe mortgagur further covenants as follow~s:
"fhat he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
tu one o~ rtwre rr~nthly payments on ~he principal that are next due on the note. on thf first day of any month prior to maturity: !'roi•rd~d.
huuever. that written nutice of an intention to exercise such privilege is given at leasi thirty l301 days prior to prepayment; and, provided
iurther. that in the event tbe debt is paiJ in full prior to maturity and at that time it is insured under thc prov~siom of the National
Hou~ing Act, he will pay to the mvrtgagee an aJjusted premium charge of one per eentum (1 : 1 of the originai principal amouni thereof,
ercep: that no adjusted premium charge shatl be due or paYable wherr payment in lu:l is made a(ter the due date ot tne I?Oth
~~~heduledpa7mentand in no eventshall the adjuctedpremium ecceedthe aggre~ate amount of premium charges which Nould have
b<•~n payabl~ i( this ~1oit~age had continued to be insured unti) maturity, such payment to be appiied by the mortgagee upon its
ubliRation to the Secretan- of tlousinR and i'rban De~~elopmeot oo aceount ot mortgage insurance.
j~] p ~f>~~ TMtS INSTRUMENT PREPAREO ev: Wglter E. D8V~.8
BOOK A~~t ..r ABSTRACT & TITLE CORP. OF FLA
_ ~ Y05 i. 2ND ST. FORT P+ERCE, iWRiDA
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