HomeMy WebLinkAbout1492 ~fr ;~':'-1L: ti~7
~ ~ ~ 1'.~~ ' i iA C~ ~'e ~~93-10~U3G-221
STATE OF FLORIOA . ~
. This fam is used in con~ection
FHA FORM NO Z110 m with mortgages insured under the
Revised May 1971 one- to four-family provisions of
the National Housing Act.
MORT~AGE ~
i
THIS MORTGAGE, daterf thc 2Gth. day of .7urie , A. D. !9 72 , by and
t+e~wcen John Lesley l~endall and ~anice ~laina t:endall, his ~ai~e •
hereinaRer callal the mortgagor, and
. T. STLWART MQRTGAGE COi1P}1NY ~ INC .
, a corporation organized and existing under the laws of State of
orida . hereinafte~ called the morlgagee,
WITNFSSE'TH, that fur divers goal and valuable considerations, arni alw in consideration of the agg~egate ~um named in the
promissory note he~einatter described, the said mortgagor does hereby grant, bargain, sell. alien, remise, relau, convey, and confirm unto
the said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now seized and p~sses.ud and in aclual
possession, situate in the cuunty of St . LuC ie
and State of Florida, described as follows:
- Lot G, IIlock 4]., ZAiv
WOOD YAR~: UNIT NO. 5, as per Plat thereof on file
in Plat Boo}: 11, a~ page S, of the Public Records of St. Lucie County,
Florida
~ ~ Z~ ~
3~ ?N
~ ~ 1N~~'~ ~ 1911-
d~ ~ ~ ~A
~~~co~'`~~~ao,
o,a~ ~
~
f
Staie Dectunentary S~,~snps affixed to thA original note and cancelled ~
i
l
i
i
i
f Together with all structures and improvements now anJ hereafter on said land, and fixtures attacheef thereto, and all rents, issues,
i proceetils, and profits accruing :~nd to xcrue from ~aid premises, all of which are incluJed within the foregoing description and the
f habendum thereuf: alw all gas. ~team. elcYtric, water, and othcr hrating, uwking, refrigerating, lighting, plumbing. ~•entilating, irrigating,
~ ancl power syslems, machiaes, appl~arx:es, fi~?tures, ~n~ appurten~nccy, which nuw are or may hereafter ~?ertain 1u, ur be u~eJ Mith, in, or
un said premises, even though they t+e dctach~~J or Jet:?chable.
~ TO HAVF AND "f0 HOLD the +ame, togcther with all and ~ingular the tenements. hereditaments and appurtenances thereuntu {
~ belonging or in anywise ap~ertaining, and ~h~ revenion aad reversion~. remainder cx remainJers, rents, i~~ues, anJ prufits thereof, anJ
alsu all the estate, right, title, interest. homestead, dower arxl right of Jower, uparate estatt, pin~e~.iun, claim and demarnl whatsuever. as
well in law as in eyu~ty, uf the wiJ mortgag~x in arxl to the wmr, anJ cvery part thereof, with the appurte~an~es uf the said murtgagur in
and to the same. arxi every p:~rt and parcel therzof unto the .:ziJ moitgagee in fee simplr. ;
And the murtgagor hereb}• conven:~nl~ with the mungagce thal hr i, indefeasibly seir.cJ uf ,aid IanJ in fer .imple: that he has full ~
power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and
yuiedy to enter upon. hold, uccupy, an~! enjoy saiJ land. anJ every part thereof; that the land is and ~ilt remain free trom all _
encumbrances: that wiJ rtwrtgagor will ma?e such further a~surances to prove the fee timpl. titie w wid larxf in ~id mortgagee as may be
reawnably required, and that wid rt?ortgagur dueti hereby fully uarr:~nt the title to,~id IanJ. anJ rver~ part thereuC and will defenJ the
,~mr against Ihe lawful claims of all persons whomxiever.
PROV IDED ALWAYS. and these presenu are executed and delivereJ upon the following conditiuns, to it:
The mortgagor agees to pay the mortgagee, or order, the principal sum d SEV ~c,fi'I::: T:iOL~Ai;D SEVEr: iiL'i1DRED FI~'TY &.:O/ ~
Dullars If 17 ~ 750.00 as evidenceJ by a note of even date herewith, with interest from date at the 100 ~
rate uf seven per cenwm ( ~ per annum un the unpaid balance ~
~ until paid. The said principal and interest shall t+e payable at the office of u. T. STEI~1F~Rt :~:ORi'GAGE CO'~iPANY~ It~C. ~
"~~=_'ce 340 - 100 :-~.ir~cle ;:ile, Coral Ga~les, FZorida ±
9
~ ur at ~uch other place as the hulder of Ihe note may designaee in writing, in nwnthly installmenls of 011e F.und~ec: ElCj:zteen ~
22/100--------- Uollars tS 118. 22 1, commencing on ;
the firsi day uf ~'~uy~gt , 19 72 , and on the firsl day of each rranth thereaiter until tAe principal
~ ~nJ interest are fully paid, except that the final payment of principal and interest, if not sooner paiJ, shall be Jue arxl payable un the 5rst
~ day of ~~z Iy ~ 200 2 •
~ And shall duly, promptly, and fully pcrform, discharge, execute, ef'fect, complete, and comply with and abide by eacA and every
the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the cstate
~ hereby created shall ceax and be null and void. _
~ And the mortgagor funher covenants as folluw.:
~ L That he will pay the inJehtednccs, as hereinbefore pruviJeJ. Privilege is reserved to pay Ihe debt ~n whole, or in an amount eyual
~o ane ur rrwre monthly payment~ on the principal tha~ are ne~~ dae on the note, on the firsl day of any month prior to maturity: /'rcn•ided,
huwever, that written notice uf an intention to exercise curh privifege i~ given at least thirty 1301 Jay~ pri~x a~ prepayment and, pruvided
further, that in the event the debt i~ paid in full prior to maturity and at that time it is insured under Ihe provisions of the Natiunal
Housing Act, he will pay ta the mortgagee an adjusted premium charge of one per centum 119F > of the original principal amount thereof.
except ?hat in no event sAall the aJju,teJ premium excee.i the aggregate amuunt of premium charges which would have been payable if the
mortgage had cuntinued to be insured until maturity; such payment to be applied by the mortgagee upon its obligation to the Secretary of
Housing and Urban Development on account of mortgaRe insurance. W81teY' E. D8V~8
O~%' r~ 'Mt6 INITRUM[NT PRQARtD Qr: 's
6~`~ f'/`~ ~ A~STRACT k TITLE CORP. OF FLA.
~Oi i. ZNO ST. FORT rl[RC[. ?LOAIDA
~ i .:au"~> v-~"'~:Y~
~ _
.