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~ ~M,~,drt~~;, ST•20,583 SWD # 162447
STATE OF FLORIDA
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FHA FORM NO 21 T0 m t~~~ This form is used i~ connection ~
J.~~~ ~y with mortgages insured under the
R~vis~d Moech 1972 ~ pY. 4V~ one- to fout-family p~ovisions of
~ ~ the National Housing Act.
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MORTGAGE 241
484
THIS h10RTGAGE, datod the iet day of September . A. D. 19 7Z ~ by and
between JAMB.S A. BDiiARDS e=?d JUANITA BDi1~ARD3~ his Wife ,
hereinafter callcd the mortgagor, and
~~~N ~~~~arpo~raiion
organi~nd1ezisting under the laws of
State of Florida , hereinafler called the mortgagee,
WITNESSETH, that for divers good and valuable consideratioes, and also in consideration of,the aggregate sum named in the
promissory note hereinafter dcscribed. the said mortgagor does he~eby grant, bargain, sell, alien. rcmise, relase. convey. and confirm unto
the said mortgagce aU that ceriain piece, parcel, or tract of land af which the said mortgagor is now uized and possessed and in actual
possession, situate in the county of
St. Lueie and 3tate of Florida, dacribed as follows:
Lot 182, Shereton Plaza, Uait Three, Beplat
eccording to the Plat thereof ae recorded in
Plat Book 16, page 12 of the Public Recorda
of St. Lucie Couaty, Florida.
Together With the following iteme of propertq which are located in and permanently
installed as a part of the ia~pravements on said Zand:
RANGS: OOLU~IDUS, I~lODSL 34G, S~IAL NUl~SR 42007
RANGB HOOD: MIAMI CARBY, t+lODSL 3730
SPACB H$A1'ffit : FORSAI~B, MODffi. 465F
The express enumberation of the foregoing items shall not be deemed to limit or
reatrict the applicability of any other language deacribing in general terms other
property intended to be covered hereby.
State Documentary Stam~e affixed to the origiual note and caucelled.
Together w•ith all structures and improvements now and hereafter on said land, and fixtures attached thereto. and all rents, issues,
proceeds, and profits accruing and to accrue frum said premises, all of which are included within the foregoing description andlthe
hal+endum thereof; also all gas, steam, electric, water, and other heating, cooking. refrigerating, lighting, plumbing, ventilating, irrigating,
and power systems, machines, appliances. fixtures, and appurtenances, which now are ur may hereafter pertain to, ur be used with, in, or
on caid premises, even though they be detached or detachable. ~
TO HAVE AND TO HOI_D the same, together with all and singular the tenements. hereditaments and appurlenances Ihereunto
belonging or in anywise appenaining, and the revcrsion and reversions, remainder or remainders, rents, issues, and profits thereof, and
also all the estate, right, title, interest, homestead, dower and right af dow•er, separate estate, possession, claim and demand whatsoever, as
well in law as in equity, of the said mortgagor in and to the same, and every part thereot, with the appunenances of the said mortgagor in
and to tbe ~ame, and every part and parcel thereof unto the said ma~t~agee in fee simple.
And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full
power and tawful right to convey the same in foe simple as aforesaid; that it shall be lawful for the mortgagee~ at all cimes peaceably and
quietly to enter upon, hold. occupy, and enjoy said land, and every part thereof: that the land is and ai11 remain free from all
encumbrancet: that said mongagor will make such furiher assurances to prove the fee simple title to said larxf in said mortgagce az may be
reawoably required, and that said mortgagor does hereby fully warrant the title to saiJ land, and every part thereof, and w•ill defend the (
same against the lawful claims of all persons whomsoever.
PROV IDED AI.WAYS, and these presents are eaecuted and delivered upon the following conditions, to wit:
The mortgagor agrces to pay the mortgagce, or order, the principa! sum of SBV$N1'S$N TI~USAND EIGHT HUNDRBD bc NO/1Q0
Dollars IS j] ~$QQ~(~ as evidenced by a note of even date herewith, with interest fram date at the
rate of s~p~ per centum ( ] rk ) per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the office of $tOCiCtOA ~~lAC1Ey~ Devin ~ COrDp8Ii3t ~
100 West Bay Street, Jacksoavil~e, Florida
or at such other place as the hotder of the note may designate in writing, in monthly installments of ONE HUNDRSD EIGl'T1BEt1 ?
etld SS/100 ~~~a~ ~s 118.55 commencing on '
the first day of p~~er , 1972 , and on the first day of each month thereafter until the principal
and interest are fully paid. eacept that the final payment of principal and ~nterest, if not sooner paid. shall be due and payable on t6e first
day o~ October, Z002 ,
And shall duly. promptly, and futty perform, discharge, execute, effect, compleie, and comply with and abide by taeh and every '
the stipulations, agreements. conditions, and covenants of said promissory note and d this mortgage, then this mortgage and the estate ?
hereby created shall cease and be null and void. s
AnJ the'mortgagur further covenan[s as follows:
7hat he will pay the indebteclness, as hereinbetore provided. Privilege is reserved to pay the debt in whole, or in an amount eq~al Y
to one or more monthly payments on the principal that are neat due on the note, on the first day of any month prior to maturiry: 1'n» •ided,
huwever, that written nutice uf an intention to exercise such privilege is given at least thirty 130) days prior to prepaymenl; anJ. provided
further. lhat in the event the debt is paid in full prior to maturity and at that time it is insured under the provisions of the National
Housing Act, he will pay to the mortgagee an adjusted premium charge of ono per centum 11 rk ) of the original principal amount thereof.
except that no adjusted premium charge shall be due or Pa)aDle a~here payment io lull is made after the duc date ot tee 120th
srheduled Payment and in no event shall the adjusted premium exceed the aggreRate amount o( premium charges which would have
been payanle i( this ~lortgage had continued to be insured uatil maturity, such payment to be applied by the mortgagee upon its
obliRation to the Secretary• of Housing and Crban Developmertt on account of mortgage insurance. WaZter g. DsY~B
r+~s INSTRUMETIT PREPARlD ev~
UA~~~ /(]/nJ ' ABSTRACT & TITLE CORP. OF FLA
aWK1vV~ ~CfF~ 206 S. 2ND 8T. FORT PtERCE. FLARiDA
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