HomeMy WebLinkAbout1146 STATE 0~ FLORIOA
This fam is used in connection
FHA FORM NO Z110 m with mortgages i~sured under the
R~~Is~d Ma?cA 1974 - Onl.`- to four-family provisio~s of
the Natio~al Nousing Act.
MORTGAGE `
TNIS \fORTGAGE, dated the 18C day OCtOb6r D. 19 72 , by and
~~`"re" JACK GOLDSN, SR. and CALLIB GOLDEN,tia wife • :
hercinafte~ cailed tho mortgagor, and `
i
STOCKTON ~ 6~~ATLEY ~ UAVIN 6e QOMPANY
. a cocparati~n organiud and existing under thc laws of
Stat@ of Florida , hereinatler callcd thc mortgagec. ~
WlTNESS~'fH, ihat for divers good anJ valuabte considerations, and alsa in consideration of the aggregate sum namod in the
promissory note hercinafte~ described, the uid mortgagor does hereby grant. bargain. sell, alien, rcmise, relase, convey, and confirm unto
~he said mortgagee all that certain piece, parcel, or t~act of land ot which the said mongagor is now seized and possessed and i~ actual '
1
posxstion, situate in tht county o[ ~
St. LL1Cie and Statc of Florida, dacribed ac follows:
:
Lot 277, Sheraton Plaza, Unit Four, Replat, according ~
to the Plat thereof as recorded in Plat Book 16, page
18 of the Public Records of St. Lucie County, Florida.
Together with the following items of property which are
located in and permanently installed as a part of the
improvements on said land:
RANGE: QOLIIMBUS, t~DDEL 34G, SERIAL NUI~ER 43888
RANGE HOOD: MIAMI CAREY, MODII. 3730
SPACB HEATBR: FORSAIRB, MODII. 465F
The express enumberation of the foregoing items shall not
be de~ued to limit or restrict the applicability of any
other language describing in general terms other property
intended to be covered hereby.
State Documentary Stamps affixed to the original note and cancelled.
Together M•i[h all structures and improvements nou• artd hereafter on said land, anJ fixtures attached thereto. and a{1 rents, issues:
proceeds. and profits accruing arxl to accrue from said premises. all of which are included within the foregoi~g description and the ~
habendum thereof: altc? alf gas, steam. electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
and power systems, machines, appliances. fiztures, and appurtenances. which now• are or may hereafter penain to, or be u~ed with. in. or
un said premises, even though ~hey t+e detached or detachable.
TO HAVF AND TO HOLD the same. together w•ith all and singular the tenements, hereditaments aeJ appartenances thcreunto
belonging or in anywise appertaining, and the reversiun and reversions. remainder or remainders, rents, issues, and profits thereof, and
also all the estate. right. tide. interest, homeste:,~i. dower and right of dower, separate estate, poss~ssion, claim and demanJ whatsoever, as
well in law as in equity. of the said mortgagor in and to the same, and every part thereof, w~ith the ap~urtenances of the said mortgagor in
and tu the same. and every part anci parcel thorcof unto Ihe said mortgagee in fee simple.
And the mortgagor hrreby convenants with the mortgagee that he is indefeacibly seized of said land in fee ximple: that he haa tull
power and Eawful right to convey the same in fee simple as aforesaid; that it shall be Iawfu! for the mortgagee, at all times pcaceably and
quiedy to enter upvn. hold, occupy. and enjoy said land. and every part thercof: that the lanci is and will remain fr~~ from all
ernumbrances: that taid mortgagor aill make such further acsu~ances to ~+rove the fre simple tiUe to said larxi in said mortgagee as may t~e
reasonably requireJ, and that ~aid mortgagur does hereby faily wazrant the title to said land. and every part lhereof. anJ wi11 defend the F
same against the lawfu! claims of a!1 persons vehomsoever.
~
PROVlDED ALWAl'S. and these presents are executed and delivered upon the folbwing conditions, to w•it:
The mo~tgagor agrees to pay the mongagee, or order, the principal sum of SEVEh'TEEN TNOUSAND NINE HU~IDRED FIFTY
Dollars IS I7 , 950 . as evidenced by a note of even date herewith, with interest from date at thc
rate af SCVeII per centum ( ] 7c ? per annum on the uopaid balance
until paid. The said principal and iaterest shall be payable at the office of StOClctOri~ Nhatley, Davin tx Company,
100 West Bay Street, Jacksonvil2e, Flar ida -
or at such other place ac the holder of the note may designate in writing, in monthly installments of ONE HUATDRED NINETEEN
Ar~n 55/140 po~larslS 119.55 ).comrrKncingon
the first day of Deeember . t972 , and on thc firsl day of each month thereaftcr untii the principal
anci interest are tutly paid, eacept that tho final payment of principal and interest, if not sooner paid, shall be due ancl payable on the first
day of ilovember, 2002 •
And shall duly, promptly, and fully perform, discharge, executt, ef~ect, complete, and comply with and abidt by eaeh and every
the stipulations, agreements, conditions, aztd covenants of said promissory note and of this mongage, then this mortgage and the estate
hereby created shall ceax and be null and void.
AnJ the mortgagor further covenants as toflows: -
I. That he wilt pay the inJebtedness. as hereinbefore provided. Privilege is reserveci to pay the debt in whole, or in an ~mount equal
tu one or more rtx~nthly payments on the principal that are next due on the note. on the first day of any month prior to maturity: /'.uviJed.
huwever, that written notice of an intention to eXercise such privifege is given at ieast thirty 1301 days prior to prepayment: and. proviJeJ
further, that in the eveni the debt is paid in fu!! prior to maturity and at that time it is insured under the provisions of the Vationa!
Housing Act, he will pay to the mortgagee an adjusted premium charge of one per centum I1 "Y ) of the original principal amc?unt thereof.
e~cept that no aJjusted premium cha:ge shall be due or payable ~~here pa}'ment io lu:l ~s made after the du~ daee oi the 120th
scheduledpa ~mentaad in ao er~ntshal! the adjus~edpremium exceedthe agqregate amount o( premium charRes which N•ould have
been pa~~able i( this ~lortgage had contiaued to be insured until maturity, sach papment to be applied by the mortgaRee upon its
obliRation to the Secretary o( HousinR and ('rban De~~elopment on arcount of mortgage easurance.
Walter E. Davis
?HIS tNSTRVMENT PRFPARED BV: -
y O 1fY~~ AB51'RACT Gc TIT E CORP. OF' FI.A
QQQ {p~ 4. ~MD fT. FORT PlERGE, iLORIDA
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