HomeMy WebLinkAbout0532 ~39'712 `a ~ sT-i7 , vo~ ~ , . , ~
• ~ ' 1`liA Case 09~3-075248-235
STATE OF FLORIOA Walter E. llavi
TM~a ~HSrRUwt?+r PR[PAIILD ev~ This form is used in connection
FHA FORM NO 2110 m ABSTRACT ~ TtT'L.E CORP. OF FLA.~ w~th mort a es insured under the
Revised May 1971 ~ iND IG foRt MtRC~. ?~.o~iOA g g
one- to four-family provisions oi
the National Housing Act.
2;~i554
MORTGAGE
,_...a 7~.th .1~ ,.r n.,,~; 7 n ~0 77
flii~i ii~3~i~t.ili~-.:a.a~iu iu~ • . - . ~ . .
be~v?ren Robert.A. Riddle and Daisel L. Riddle, his wiEe •
h~reinafter call~i the m~xtgagor, and
J. T. STE~+IART MORT~'~AGE, a
co~p~o'rat~o6 org~~feJ and e~i~ting under thr laws oi g~ate of
FlOY'ida , hereinafter called the mortgagee,
WITNFSSF:TH, that fi~r divers g~xxl and valusble comideratiom, atxi alw in consiJeration of the aggregate wm named in the
promi~wry note hereinafter Jescribc~l, the said mortgsgor dces hereby grant, bargain, sell, at~en, remise, relase, convey, anJ confirm unto
the said nwrtgagee all that certain piece, parcel, cx tract of land of which the said mortgagor is now seized and pos~essed and in actual
posxssion, situate in the county of St . I,ucie
and State of tlorida, described as Collows:
The ;7orth (N~S) of the East of the West 194.46 feet of the East 511.15
feet oi the South 210 feet of the North 375 ~eet of Lot 222, WF?ITE CITY
SU3DIVISI0:1, according to the Plat thereo: as recorded in Plat Book 1,
page 23 , Public Records of St. Lucie County, Florida, a/k/a Lot 10, Block
2 of the unrecorded subdivision ~f BROOI•1E-TIOGA.
State Documentar~ Star.ips affixed to the original note and cancelled
Thi~ instnunent i s beir.~ re-recordeci to correct legal description
Y
, % IN PA'RA~ ~
~p r -CVl1L PEtOPER~'~a
~ ~ 1NTl141G18t~ fE: : ~
~1S fif 19I1.
~~ANt TO Ck~?~ER 71-13~. A~ ~~j
~ RpGER P01T~S
~ ~ ~K C1itC1lIS C011RT. Sf. tUCtE 00, ~l
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Together with all strucwres and improvements now and hercafter on said land, and fixtura attached thereto, anJ all rents, issues.
~ proceeds, and profits accruing anJ to accrue from wid premises, all of w~hich are included within the foregoing description and the
habendum thereof: :~ho all gati, titeam, elrctric, water, and other heating, c~wAing. refrigerating, lighting, plumbing, vemilating. irrigating.
~ ar?d power +y+tems, machines, appliance~. fixtures, anJ appurtenarkes, which nuw are or m:~y hereafter pertain tu. or be used with, in, or
~ on ssid prem~sr., even though they br ~etachrc! or deta~h~ble. .
Tn HAYE AND TO HOLD the .ame, ~ogether Mith all ~nd singular the tenements, hereditaments and appurtenan~es thereuntu
brlonging ur in anywise appertaining, and the rever~iun anJ reversions. «mainJrr or remainder~, rent~, i~wc~, and profiu thereof. and
alw all the e~ta~e. right, tiUe, interest, homeste:ul, duwer anJ right of duwer, separate estate, possession, claim and demand whacsoe~•er. as
well in la~~ ~x in ec~urty, uf the ,aiJ mortgagur in and to the ~ame, and every part thereof, with lhe appurtenancet of the said rtwrtgagor in
and tu the same. anJ every part anJ parcel thereuf unto the said mortgagee in fee simple.
And the nwrtgagor hereby cunvrnants with the mortgagce that he is inJefeasiM~ .eiied of ti;iid IanJ in fee simple: that hc has ful)
power and lawful right to convey the same in fce simple as aforaaid: that it shall be lawful for the mortgagee, at all times peaceably and
quietly to enter upun. hold, wcupy, anJ enjoy said IanJ, ~nd every part thereuf; that the land is anJ will remain frce frum all
encumbrances; that caid murtgsgor W ill maAr wch furlher a~surances to prove Ihe fee s~mplr title to tiaid land in said mor[gagee as may be
reasonahly reyuireJ, snd that +aid mortg~gur d~~ hereb~~ full~~ warrant Ihe title to tiaid IanJ. and every p:~rt thereoL and will defenJ the
sam~ against the lawful cl~im~ of all persons whomsoever.
PROV IDED AI_WAl'S, and these presents are executed and delivered upon the follow ing conditions, to wit~
The mortgagor agees to pay the mortgagee, or order, the principal sum of EIGHT:.'EN ^1HOt3SAND FIVE :1UI3DR"r~'7 AI•:U L:O/].00
Dollan IS 18, SOG.00 ac evidenced by a note of even date herewith, with interest from date at the
rate of seven per centum ( 7 ~Xc ) per annum on the unpaid balance
until paid. "R~e said principal and interest shall be payabte at the office of J. T. STEWART MORTGAG~ COMPAiQY, IPIC .
~ Si:i-~e 300 - 100 riiracle htile, Coral Gables, Florida
~ or at such other place as the holder uf thr note may Jesignate in writing, in mon~hly installments of Qne Ht:ndred Twenty 'i'hree
~ ~:n~ 22/100--------------------------------~ollars ~S 123. 21 l. commencing on -
the first day of September . ~9 72 , and on the first day of each month thereafter until the principal
and interest are fully paid, except. that the final payment of principal and interest, if not stwner paid, shall be due and payable un the first
day of August 2002 .
And shall duly, promptly, and fully perform, discharge, execate, effect, complete, and comply with and abide by each and every
the sdpulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this r?~rtgage and the estate
hereby crcated shall ctase and be null and void.
And Ihe mortgagor forther covenants as follows: •
1. "~hat he will pay the indebtedness, as hereinbefore provideJ. Privilege is reserved to pay the debt in whole, or in an amount equal
to one or rtx~re rtxmthly payments on the principal that are next due on the note, on the first Jay of any month prior to maturity: /'ru?~iJed,
- however, that written notice of an intention to exercise such privilege is giren at least thirty 1301 days prior to prepayment; and, provided
further, that in the event the debt is paid in full prior to maturity and at that time it is insured under the pravisions of the National
Nousing Act, he will pay to the mortgagee an adjusted premium charge of one pcr centum 11 c". ) of the original principal amount thereof.
eacept that in no event shalf the adjusteJ premium eaceerf the aggregate amount of premium charges which would have been payable if the
mortgagt had continued to be insured until maturity; such payment to be applicd by the mortgagee upon its obligation to the Socretary of
Housing and Urban Development on account of mortgage insurance. ,
U R g~OM~~~, ear,~2749
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