HomeMy WebLinkAbout0039 ST-20~749 ~ ~ ~
J Si~ID # 959918
STATE OF FLORIOA / t `
1~~ r . This fwm is used in to~nection
FHA FORM NO 2110 m 3~ _.n~d~' ~ with mo~tgages insured under the
R~vlaed Morch 197~ ~ ~,~~1~'~~~„ one- to four-family provisions ot
the National Housing Act.
a~a~a ~ M~'~• .
r~ ~ MORTGAGE
~ 239388
TNIS ~fORTGAGE, dated the 18t Jay of OCtOb@Y ,.A. D. 19 72 , by and
hetween IACKi~I00D DO~ILING ~.P.? : and PEARL DOWLING ~ h3s wife .
hereinafter ca11eJ the mortgagor, and
STOCiCTON, WHATLEY, DAVIN ~ COI~'ANY
, a corporation organized and existing unde~ the laws of
Stete of Fbrida . hereinafter called the mortgagee,
WITNESSETH, that for divers goai and valuable considerations, and also in consideration ot the aggregate sum namec! in the
promissory note hereinafter described, the said mortgagor doos hereby grant, ba~gain, sell, alien, remise, ~elase, come~t and confirm unta
~he said mortgagee all that certain piece, parcol, or tract of lanci of which the said mortgagor is ~ow seized and poasesxd and in actual
posscssion, situate in the county of ~
S t. Lueie and State of FlixiJa, describe~l as follows:
Lot 171, Sheraton Plaza, Unit Three, Replat,
according to the Plat thereof as recorded in
Plat Book 16, page I2 u~ the Public Records
of St. Lucie County, F2orida.
Together with the following items,of property which are located in and -
permanently iastalled as a part of the improvements on said land:
RANGB: COLUt~US, MODffi. 34G, SffitIAL NUMBFR 42038
RANGB HOOD: MIAMI CAREY, MQDEL 3730
SPACB NBATffit: FORSAIRE, MODEL 465F
The express enunaberation of the foregoing items sha11 not be deemed to limit
or restrict the applicability of any other language describing in general terms
other propexty intended to be covered hereby.
State Documentary Stamps affixed to the original note and cancelled.
Together ~ith all structureti and improvement+ nuw and hereaRer on .aid land. anJ fixtures aUached thereto, and all rents, essues.
procectif~. and prufits ;~ceruiog anJ to accrue fmm .aid premises_ alt of which are included K~ithin ehe forego~ng Jescriptiun and the
habtnJum thcrcoi': al~o sl! ~ac. +team. electric. water. and rnher heating, cix~king, refrigerating, lighting. plumbing. ~•enulating, irrigating.
.~nd poNer cytitem~. machine~. appliancec. fixtu~rs. anJ appurten~nces, which nvw• are or may~ hereafter ~erta~n to. r?r he useJ with. in, or
~~n ~aiJ premice+. e~~en though they he detached cx deiachable.
TO HAYF :iND TO HOLD thr v~me. to¢ether Nith all and ~~ngular the tenements, hereditamena and appurtenanres thercunto
helunging or in anywi~e apprrtaining. and the revrniun and re~•enionc, remainder or remainden, renU, is~ueti, and profit~ thereuf. and
alv~ all th~ euate, right. tiUe, intere~~, homestead. duNer arxi right of dowrr. tieparate estate. Fwssc~~ion. claim and deman.f whatsurver, as
«rtl in !aµ a. in ey~eity, uf the ~aiJ mortgagor in and to the +ame. anJ e~~cry pan thereof. with the appurtenance. uf th~ saiJ mortgagur m
,~nJ U~ the came, and every part and parcel thereof untu the said mortgagee in fee simple.
\nJ ~he ~xxtgagur heretn wnvrnants Ni1h the mortg~~tr~ that he iti inJrfea~ihl~ ~eir.ed uf ,aid IanJ in fce .implr. ~hat he ha~ full
' pow~er and lawtu! right to convey the same in fee simple as aforesaid; that it shall be lawtul for the mortgagee, at all times peaceably and
yuietly ~u entrr uEx~n. hoW. occupy. and ~nj~»~ caid land. and every part thereof; that thr land i~ and wi11 remain frrr from all
~ncumbrances; that .aiJ rrx~rtgagur Kill make wch further a.wrances to prore thr fee ~imple tiUe to +aiJ lantl in ~aid murtgagec a+ may he
rt~a~~~n;ih!}• reyuired. and th.it ,:ud murtgagor duc~s hereb~ full~ warrant ~he titic tu,aid land. anJ even• part therr~~f. anJ will ~rfend the
.:~rnr :igain,t the lawful cl:sim. of all perxmti ~hum.uxver.
I'K(1bIDED AI_WAl"S, and these prese~ts are executeci and deli~•ered upon the fotlow•ingconditiom. to wit:
The mortgagor agrees to pay the mortgagee, or order, the principal sum of SEVENTEEN THOUSAND FIVE HUNDRED FIFTY
t)ullar~ iS 1] ~SS~.~Q a~ ~videnced by a rwte of even date herewith, with interest from Jate at the
ratr uf seven per centum 1 ) r'~ 1 per annum on the unpaid balance
unN! paid. The s~id princinal and interest sh~tl t+~ payable at the office of Stoekton, ~1St1Ey1 ~ Davin ~ Company,
100 West Bey Street, Jacksonville, Florida -
~~r at w~h uther place as the holdrr of the note may designate in writing. in monthly installments of ONE HIJNARED SIXTEEN
AND 88/100 D~illars ~5 116.88 commencing on
the fir,t day uf November 19 ~Z • and on the first Jay of each mcmth thrrr~fter until the pnncipal
~nJ interest are fully paid, except that the final payment of principal and interest. if not sooner paid, shall be due arxi pa~•able on the fint
October, 2002 •
AnJ shall duly. Promptly, and fully perform, discharge, execute, effect. complete, and comply with a~xi abide by each and every
ihe .tipulations, agreements, conditions, and covenants af said prom~ssory note and of this mcxtgage, then this mortgage and the estate
hereby created shall cease and be null and void.
\r~J the rr~x~gagor iurther cuvenan~+ as fuU~~w.
t ih:it he ~ill p:?y the indehtednen, ac hereinheforr proviJed. Privilege i. reserved to pay the deM in whule. ~.r in an amount equal
w~,nr ~~r nwre nx~nthly p:~yments un the principal that are next due un the notr. un the first Jay of any month prior iu m~turit>•- 1'.~~.-id.~J.
h~~~e~~r. tha~ anttrrt noucr uf an intentiun tu e±~rrcise ~uch privitegr iti given at leatit thirty 1 ip) day~ privr lo prepaym~nt; and. pn~~i~ed
further, that in the evrnt the JeM iti paiJ in full prior to maturity and at that time it is insured under the pruvision~ of the Natiunai
' Huu,ing :~ct, he w ill pay to ihe mi~rtgagee an a~liu~ted premium charge uf one per centum I 1 ) uf ~he original principal anxnmt thereuf.
~ ~•~r~•pt that no a~just~•~i pr~~m;um char~~ shall be due or pa}able ..here pa~•ment in tu:l ss madF .~fter the ~fu~• ~ia.i~ oi t~e• j~Qth
h~dulyd pa~mentand in no ~~~nt.hall the adjustedpremium exceedthe aRgre~ate amount ot premium charges Nhi~•h ~ould ha~'e
b~•~~n pa.a}rlc~ i( thi. ~.ort~aee had continued to be insurPd until matu~ih•, such paymen! to be applied bv the mortga~~~ upon it~
~~hli~.~ti~,n to th~ S~~-retarc ot Ilou.ine and ('rban 1)e~elopment on account of mort~a~c- inwranc~.
~ 0 R `f ' ~alt~r_F ~is
anL'X ~ 1 ~n~~ ~ r+~s tN~1"RUfAEM' rRlPAIl~f 1rf
ABSTRACT TtTLE GORP. OF F~LA~
IEIICE. ILA
I 20D S. 2ND ST. ~RT ?
s~ .