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HomeMy WebLinkAbout0029 ~Gr3~~~ii~ SWD # 962049 ST-20,585 STATE OF FLORIOA - S~ . ~ ~ ~i1 FHA F.ORM NO ~110 m 11~1~ ~'r t' This !o?m is used in cannection ~j ~ with mortgages insured under the R~vls~d Morch 1972 one- to four-famity provisions of ~ ~ ~ the National Housing Act. ~ ORTGAGE THIS btOR'i'GAGE, dated the igt day of September . A. D. 19 72 , by and becween ~DRg~,~ j„ AppgR$ON end BE1TY J. ANDSRSON~ hi8 wife . hereinafter called the mortgagor, and SZ~OCKTON, WHATLBY DAV~N ~ CQI~AN~ , a~orporat~on orgamzed an existing under the laws of St&te O~ F1oY~d$ hereinafter called the mortgagee, WITNESSETH, that for divers good and valuable considerations, and also in considetation of the aggregate sum named in the promissory note hereinaftcr described, the said mortgagor doec hcreby grant, bargain, sell, alien, remise, relase, convey. and confirm unto the said mortgagee alt that certain piece, parcel, or tract of land of which the said mongagor is now seized and posses~ed and in actual possession, situate in the county of St. Lt1C~@ and State of Florida, described as follow5: Lot 184, Sheraton Plaza, Unit Three, Beplat according to the Plat thereof as recorded . in Plat Book I6, page 12 of the Publ.ic Records of St. Lucie County, Florida. Together with the follosring items of property Which are located in and permanently installed ae a part of the i.mgrovements an said land: RANGE: COLUI~U~, 1~JDSL 34G, S~IAL NUI~BB 43836 RANGS HOOD: MIAMI CAREY, I~qDSL 3730 SPACB HBATBR, FORSAIRE, I~ODffi. 465F The express enumberation of the foregoing items ahall not be deemed - to limft or restrict the applicability of any other language describing in general terms other property intended to be covered herebp. State Documentary Stamps affixed to the original note and cancelled. _ Together w ith all structureti and impmvements now arxi hereafter on said land, and fixwres attached thereto, and all rents, issues. proceeeis. and profits accruing and to accrue from ~aiJ premi~es. alt of µ~hich are included wethin the foregoing description and the hat+endum thereof: also all gac. steam. electric. water, and uther heating, ca~king, refrigerating, lighti~g, plumbing, ventilating, irrigating, and power systems, machines, appliances. fiitures. and appurtenances, wt .n now are or may hereafter pertain to, or be used with, in, or un said premises, even though they be Jetachetil or detachable. Tn HAVE AND TO HOID the same. together with all and singular the tenements, hereditaments and appurtenances thereunto helonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and pmfits the~eof, and - alu~ alt thc estate. right. title, interect, homestead. dower and reght of dower, scparate estate, possession, claim and demarxi whatsoever, as well in laa as in eyuity, of the wid mortgagor in arxi to the same. and every pan thereof, with the appurtenances of the said mortgagor in a~J to the same. anJ every part and parcel thereof unto the said mortgagee in fee simple_ And the rtx~rtgagur herebt• ~on~~enants with the morigagee that he is indefea~ibly seized of said IanJ in fee simple: that he has full power and lawful right to convey the same in fee simple as aforesaid; that it shall be Iawful tor the mortgagte, at all times peaceably and quietly to enter u~m, hold. occapy, and enjoy saiJ laod. arxl every part thereof: that the land is arxl will remain free from all encumbrances: that .aid mortgagor will make such further assurances tu prove the fee simple title to said lar?d in said mongagee as may be reawnably required, anJ that saiJ rrwrtgagor does hereby full~ warrant thc title to said land. and every part thereof, and w~ill defcnJ the same against th~ lawful claim. uf all perwns whumwever. PROV IDED AI.WAYS, and these presents are executed and detivered upon the following cvrxlitiu~~s, tu wit: The mortgagor agrees to pay the mortgagee, or order, the princepal sum of SEVENTEBN THOUSAND FIVE HIJNDSSD FIFTY bollars fi 1~ ~SS0.0~ as evidenced by a note of even date herewith. with interest from date at the rate of seven per certum ( 7 nc ) per annum on the unpaid balance unti! paid. The said principal and intere~t shall be payable at the office of Stoekton, {~1St1~1 ~ D8V~A & C0~8ri31 ~ 100 Weat Bay Street, Jacksouville, Florida or at wch other place as the holder of the note may designate in writing, in monthly installments of Qj~J$ Mjj~jD$~ SIlCTBBN AND 88/100 Dollars (S 116.88 commencing on the first Jay of Noveffiber .~9 72 . and on the first day of each mvnth thereafter unti! ~he principal and ~nterest are fulty paid, except that the fina! payment of principal and interest, iF not sooner paid, shall be due and payable on the first ~sy ~f October, 2002 • And shall duly, promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the stipulations, agreements, conditions. and covenants of said promissor, note and of this mortgage, then this mortgage and the estate hereby cre~tcd shall ceau and be null and void. AnJ the rtwrtgagor further covenanls as folluws: 1. "That he ~ill pay the indebteeJness, as hereint+efore provided. privilege is reserveci to pay the debt in w•hole. or in an amount equal t~~ une ur mure rrxmthly payments on the principal that are neat Jue an the note, on the first day of any month prior to maturity: /'rorideJ. huHever. that written notice of an intention to exercise such privilege is given at least thirty 130? days prior to prepaymenl: anJ. pro~~ided further, that in the event the debt is paid in full prior to maturity and at that Iime it is insured under the provisions of the 1Vatiunal Hou,ing Act. he N ill pay to the murtgagee an adjusted premium charge of one per centum 11'''i f of the original prir?cipal amount thereof. e~cept that no adjusled pter.~ium charge shall be due or pa~~able ~.here paymenc in tu:l is made a(ter the due date oi tee I20th sc-heduled payment and in no erent shall ihe adjusted premium exceed the aggreRate amount o( premium charRes w•hich would ha~~e Lee~n ~}•able if this 11ortRagc~ had continued to be insured unti) maturi~y, such paymeat to be applied b~• the mottgagee upon ita obliQation to the Secretar~~ o( Ilou.inR and l~rban De~•elopment on account o( mortgage insurance. * LJ p TMIS INS7'RUMENT 1~REPARED BY: WA~~` ~ E~ Davis I t~f,~ ~ACE ABSTRACT & TtTLE CORP. OF FLA. Q~~ sND ST~ Fp~T piERCE. FtARID/? `n': F.. : - ~ ;::r?^ ~ , . ~ ~ ~ L..