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HomeMy WebLinkAbout1141 StATE OF FtOR10A . ' This torm is used in connection FHA FORM NO 2110 m with mortgages insured unde~ the R~vts~d Mo~ch 1972 one- to fou~-family provisions of the Natiopal Housing Act. • MORTGAGE THIS MORTGAGE, dat~vl the lgt day of OCtOber . A. D. 19 ~2 , by and ~ txtween CHARLES A. MURRIS 8~1d PATRICIA D. MORRIS ~ his wife • hzreinafler called the mongagor, and STOCICTON, WHATLRY, DAVIN & OOMYANY , a corpora~ioo organizcd and existing undcr the laws of StBt@ of Florida , hereinafter called the mortgagee. WlTNESSETH. that for divers good and valuable considerations, and also in consideration of the aggregate sum ~ameci in the promissory note hcreinafter describod, the said mortgagor does hcreby grant, ba~gain, sell. alien, rcmise. relau, convcy, and confirm unto the said mortgagee all that cenain pieco. parcel, or tract of land of which the said mortgagor is oow seized and possessed and in actual possession, situate in the county of St. LuC~@ and State of Ftorida, described as follows_ ~ ~~Q~~ Lot 279, SHERATON PLAZA, UNZT FOUR, REPLAT, according to o~;.~; the Plat thereof as recorded in Plat Book 16, page 18 of ~ti .a the Public Records of St. Lucie Count~, Florida. i~~ y` 8~ ~ Q~ ~ ~ Together with the follo~*ing items of property which are ~d e~'~;~~~' located in and pern~anently installed as a part of the ~ ~°^~~~y' ~F~ improvements on said land: ~ ~ RANGE: COLUI~US, MODEL 34G, SIItIAL NUMBBR 52148 ~Q ~ RANGE HOOD: MIAZiI CAREY, MODBL 3730 a~ SPACE ~~EATER: FORSAZRE, 2~~ODEL 465F ~ The express enumberation of ttie foregoing items shall noC be " deemed to limit or restrict the applicability of any other i language describing in general terms other property intended to Ue covered hereby. State Documentary Stamps affixed to the original note and cancelled. ' Together with all structures and improvemems now arxi hercafter on said land, and fixwres attached thereto, and all rents, iuues, proceedc, and profits a:cruing and ~o acerue from said premises. all of which are included within the foregoing deuriptiun and the habendum thereot; also all gas, ueam, electric. water, and other heating, cooking, refrigeratiag, lighting, plumbing. ventilating, irrigating. and power systems, machines, appliances. fixwres. and appurtenances, Nhich now are or may hereafter pertain to, ur be used with, in, or .,n zaid premises, even though they be detached or detachable. TO HAVE :\I~D TO HOLD the same, togrther with atl and singular the tenemenis, hereditaments and appurtenances thereunto helonging or in anywise appertaining. and the reversion and reversions, remainder or remainders, rems, issues, and profits thereof, and alu~ aU the estate. right. ~itle. interat. homestead. dower and right of dower. separate estate, p~nsession. claim anci demanJ w~i~atsuever, as well in law as in equity, of the said mortgagor in ancl to the same, anci every pan thereuf, witb tbe appurtenaoces o[ the said rtwrtgagor in arxi to the same, an~i every Rart and parcel thereof unto the said mortgagce in fee simpie. And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized uf wid land in fee simple: lhat he has full power and lawful right to convey tht same in fee simple as aforaaid; that it shall be lawful for the mortgagee, at all eimes peaceabiy and yuirdy to enter upon. hold, occupy, and enjoy said land. arni every pan thereo~; that the land is arxi will rrmain free from all ' ~rx:umbrances; that s:?id mortgagor will make such further aswrances tu prove the fee simple utle to saiJ land in said martgagee as may be reawnably required, and that said rtwrtgagor Joes hereby ful1~• uarr~nt the title to said IanJ. and every part thereof, aoJ will defend the ,sme againsl the lawful claims of atl persons whomwever. - PROV IDED AI.WAYS, and these presents are executed and d~livered upon the following conditions, to wit: The mortgagor agees to pay the mortgagce, or order, the principal sum of SL'VENTEEN THOUSAc~TD EIGHT HUi~IDRED Ai~'D nt~~ZOQ Dollan IS ],7 ~$D0.~0 as evedenced by a noto of even date herewith, with interest from date at the rate of seven per ceatum ( ~ 7c ) per annum on the unpaid balance until paid. The said principal and interest shaN be payable at ihe office of StOCktOri ~ What ley, Davin & Company, 100 West Bay Street, Jacksonville, Florida or at wch other place as ihe hotder of the note may designate in writing. in monthly installments of OhE I'IU~'DRED EIGHTEEN AND SS/100 ~Ilars IS 118.55 l. commencing on the first Jay of D@CN~t1Uer . ~9 72 . and on the first day of each month thereafter until the principal anJ ~nterest are fully paid, except that the final payment of principal and interest. if not sooner paid, shall be due and payable an the first d•ay of :~ovember , 2002 . And shall duly, promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the stipulations, a~eements, conditions, and covenanu of said promissory note a~xi of this mortgage, thcn this mortgage and the estate hereby created shall cease and be null and void. :\nJ the mortgagor further covenants as follows~ ~ 1. That he wi!! pay the inciebtecinecs, as hereinbefore provided. Privilege is reserved to pay the debt in whole. or in an amount equal tu une or mure monthly payments on the principal that are next due on the note, on the first day of any month prior to mawrity: /'roridrd, however. that w ritten notice of an intention to e~ercise sueh privilrge i+ given at least thirty 1301 Jays prior to prepayment: and. provideJ turther. that in the event tbe debt is paid in full prior to maturity and at that time it is insured ur.der the provisions of the National Nuu.ing :~ct, he will pay to the mongagre an aJjusted premium charge of one per centum I 1~f ? of the original principal amourtt thereof. F~~~ept that no adjusted premium charge shall be due or payable ~.here paiment in tu:i ~s made aftcr ti~e ~1ue date oi tne 120ih hc~duledpa ~ ment and in no event shall the adjcsted premium exceed the aQ~treRate amount of premium charRes which would have L~•rn payable if this )lortgage had continued to be insured until maturity, such payment to be applied 4x the mortga~ee upon itc , ublicatiun to the ~ecretan• of tlousin~ aad l~rban Development on account of mortRage iasuraoce. 7HI8 !NS'TRUt~ENT PREPARE~ er: Walter E• nBV~.S ~1~~X !.J,t ` 11BSTRACT & TITLE CORP. OF FLA. ~ 20S 5. 2N0 ST. FORT PIERGE. FLORID/~ - ; ~ ~ ~~i~ , ~ : ~ - ~ ~ t ~ ' ~ - - a ~ _ _ "