HomeMy WebLinkAbout2920 ~ ST-lr),G40 .
FfG'~ Case 0~~4-067269-2"~5
239282 ~ . + ~ ~
STATE OF FLORIDA
Walter F.. !~~~vi s This form is used in connection
FHA FORM NO Z110 m TM~ ~Nr~uw~ P!1[I'A!1[D er: with
rtwRgages insured under the
R~vls~d Maeh 1974 Al~T1tACT ~ TITLE CORP. OF FLA p~g- to tour-family prpvisions of
aos sHn n. FOItT rl[RC[. FIARIDA the National Housing Act.
MORTGAGE ~
THlS MORTGAGE, dated the 3rd daY of ~L1~1,18t'r . A. D. 19 72 , by and
betwcen Jamea H. Boozer and Gwnette Boozer~ his wife , ,
hereinafter called the mortgagor, and
J. T. STEINART MORTGAGE COMPANY, INC.
. a corporation organiud and existing under the laws of $ tSti@ of Flor ida
, hcreinafter called the mortgagee,
WITIYESSETH, that for divers good and valuabfe considerations, and also en consideration of the aggregate sum named in the
promissory note hereinafter dcscribed, ttx said mortgagor does hereby grant. bargain, sell. alien, remisc, relau, convey. and con~m unto
the said mortgagte all that ceRain piece, parcel, or tract of land of which the said mortgagor is now seiztd and possessed and in actual
passessioo, situate in thc county of -
St. Lueie and State of Florida, dacribed as follows:
Lot 5, Bloak 6, CARDIATAI, GLADES, according to
the plat thereof reoorded in Plat Book 11~ page
14, of the Publia Records of St. Zucie County~ ~
Florida.
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State Documentary Stamps affixed to the
ori~inal note a.nd cancelled.
Together with ali structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
proceeds, anei profits accruirtg artd to acerue from said premises, all of which are included within the foregoing description and the
habendum thereof: also all gas, steam, electric, water, and other htating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating.
and pow•er systems, machines, appliances, fixturex, and appurtenances, which now a:e or may hereafter pertain to, or be uud with, in, or
.~n said premixs, cven though they t+e detarhed or detachable.
70 HAVF AND TO HOI_D the same. togzther with all and singular the tenements, hereditaments and appunenances thereuntu
helonging or in an~wise appertaining. and the reversion and reversions, remainder or remainders. rents, issues. and profits thereof, and '
alw all the estate, right. title, interest, homestead, dower and right of dowet. separate estate, possession, claim and demand whatsoever, as
well in law ax in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in
and tu the same, and every part and parcel the~eof unto the said mortgagee in fee simple-
And the mortgagor hereby convenants x~ith thP mortgagee that he is inJefeasibly seized of said land in fee simple; that hr has full
power and lawful right to comey the same in fee simple as aforesaid: that it shall be lawful for the mortgagee, at all times peaceaWy and
yuizdy to enter upon, hold, occupy, and enjoy said land, and every part thercof: that the land is arni wil! remain iree from all
erx:umbra~ces: that said mortgagor Nill makr such funher assurances to prove the fee simple title to said land in said mortgagee as may br
re-r.onably required, and that said mortgagor does hereb~~ fully warrant the tiUe to said land, ~nd every part thereof, and N~ill defend the
v~me again~t th~ lawful claims of all perwns whomsoever_
PKOVIDED ALWAYT. and these presents are eaecated and delivered upon the fo!lowing conciitions, to wit:
The mortgagot agrets to pay the mortgaget, or order. the principal sum of SEVENTEEN THOUSAND NINE HUNDRED AND
iQQDuIlars ISl7 ~ 900~ 00 as evidenced by a note oF even date herewith, with interest from date at the
rate of seven per centum ( ? per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the office of ~J .~1'. 3TEWART MORTGAGE COMPANY, INL'
Suite 300-100 Miracle Mile, Coral Gables, Florida
or at wch other place a~ the holder of ~he note may designate in writing, in monthly installments ot pAIE HtTNDRED NI~T~E~T
AI~ 21.~1~~ Doltan (f ].19 e 21 commcncing on
the first day of S6Pt@II1beT . 19'~'Q . artd on the first day of each month thereafter until the principal
~nJ interest are fully Paid. except that the final paymem of principal and interest. if not sooner paid, shall be ~w_ and payable on the first
d'ey uf ~U~B ti ~ 2~02 ~ _
And shall duly, promptly, and fully perform, discharge, execute, ef~fect, complete, and comply v?tith and abide by each and every
the stipulations, ageemenu, conditions, and covenants of said promissory note and of t6is mortgage, then this mortgage and the tstate
horeby created shail cease aad be null and vo+d.
~nd the rrwrtgagor funher covenan~s as follows:
I. That he will pay the indebtedness, ac hereinbetore pruvided. 1'rivilege is reserved to pay the debt in whoie. or in an amount equal
tu one or more rtx~ntt?ly payments on the principal that are next due on Ihe note, on the first day of any month prior to maturity: /'r~n•idrd,
ho~ever. that Nritten ~futice of an intention to exercise such privilege is given at least thirty 1301 days prior to prepayment; and, provided
further, that in Ihe event the debt is paid in full prior to maturity and at that time it is insured under the provisions o( the TVational
Housing Act, he will pay to the mortgagee an adjusled premium charge of one per centum 11'''~ ? of the original principal amount thereof,
c•xc ept that no adjusled premium charRe shall be due or pa~ablr ~.here payment in tu:l ~s made atter the due date ot tbe 120th
.~•heduled paymeat aad in no event ~hall the adjusted premium exeeed the aggregate amount of premium charRes which r.ould have
he~en pr~~abl~ if this ~fortRaRe had continued to be insured until maturity, such payment to be applied by the mortp,agee upon its
obliRatiun to thP Secretar~ of Nou.in¢ and Crban Development on a~count of mortRaRe insurance.
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